Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
Roboforex
Not regulated in your country Roboforex has no licence from the regulator of the country this site is for, so local investor protections do not apply.
61.41% of retail investor accounts lose money when trading CFDs with this provider.
XM
Not regulated in your country XM has no licence from the regulator of the country this site is for, so local investor protections do not apply.
72.82% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders Roboforex and XM are best suited to, based on what each one actually offers in United Kingdom.Roboforex is better than XM for long-term investors, professional traders and high-volume traders. Scalpers, swing traders and news traders can choose either Roboforex or XM.
| Overall score | Roboforex 77 Best 70 | XM 71 -6 not offered |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Roboforex and the ones that supervise XM.Neither Roboforex nor XM is regulated in the UK. Roboforex and XM are both regulated by top-tier authorities, Roboforex by BaFin and XM by CySEC and ASIC (Australia).
| Section score | Roboforex 85 -15 85 | XM 100 Best not offered |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Roboforex and XM have in place to protect your money in United Kingdom.Roboforex and XM both offer segregated client funds. Roboforex also offers additional money insurance. XM also offers two-factor authentication.
| Section score | Roboforex 69 Best 69 | XM 65 -4 not offered |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2009 | 2009 |
| Parent company i | RoboMarkets Group | Trading Point Holdings |
| CEO i | Andrei Dziarnovich | Tasos Anastasiou |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | |
| Brand power | ||
| Number of customers worldwide i | 730,000 | 3,500,000 |
| Annual revenue i | USD 1,000,000,000 | |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with Roboforex and with XM in United Kingdom, both on each trade and on holding the account.Roboforex is better than XM for CFD costs, because Roboforex is cheaper on EUR/USD, at 9 USD per lot (against XM's 14 USD), has tighter gold CFD spreads, at 0.18 points (against XM's 0.55 points), and charges lower Bitcoin CFD fees, at 16 USD (against XM's 40 USD). Neither Roboforex nor XM charges account maintenance fees or deposit fees.
Roboforex and XM cannot be set side by side for real stock costs, as XM is a CFD broker and does not offer real stocks, unlike Roboforex.
| Section score | Roboforex 68 Best 41 | XM 26 -42 not offered |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 4 | USD 7 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 9 | USD 14 |
| S&P 500 fees (CFD) i | 0.6 points | 0.6 points |
| Gold fees (CFD) i | 0.18 points | 0.55 points |
| Bitcoin fees (CFD) i | USD 16 | USD 40 |
| US stocks fees (CFD) i | USD 0.02 | Free |
| Fees on stocks | ||
| Stock fee type i | Spread | |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Roboforex and with XM in United Kingdom, and of how many instruments each one gives access to.There is little between Roboforex and XM on CFD markets. Both Roboforex and XM offer CFDs on commodities, forex, indices and stocks. Roboforex has a slight edge, as it gives access to 12,000 tradable symbols (against XM's 1,000), and lets you own ETFs and stocks outright.
There is no like-for-like comparison for real stock markets, as XM is a CFD broker and does not offer real stocks.
| Section score | Roboforex 65 30 | XM 65 not offered |
|---|---|---|
| Total tradable symbols i | 12,000 | 1,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Forex, Indices, Stocks | Commodities, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that Roboforex and XM make available to their clients in United Kingdom.Roboforex is better than XM for platforms, because Roboforex offers a proprietary platform and cTrader, which XM does not. Roboforex and XM both offer MetaTrader 5 and MetaTrader 4.
Roboforex and XM cannot be set side by side for platforms, as XM is a CFD broker and does not offer real stocks, unlike Roboforex.
| Section score | Roboforex 89 Best 89 | XM 63 -26 not offered |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Roboforex and XM in United Kingdom, and of what each one lets you do from your phone.Roboforex is better than XM for mobile trading, as Roboforex offers the cTrader app, a social trading app and a copy trading app, which XM does not. Both Roboforex and XM offer a proprietary mobile app and the MetaTrader 5 app.
There is no like-for-like comparison for mobile trading, as XM is a CFD broker and does not offer real stocks.
| Section score | Roboforex 100 Best 100 | XM 73 -27 not offered |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Roboforex and XM allow on their platforms in United Kingdom.There is little between Roboforex and XM on CFD trading features, as both offer negative balance protection and trailing stops. XM goes a step further, as it executes orders faster, within 66 ms (against Roboforex's 118 ms).
XM does not offer real stocks, being a CFD broker, so Roboforex and XM cannot be compared for real stock trading features.
| Section score | Roboforex 87 77 | XM 87 not offered |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | NDD |
| Average execution time i | 118 ms | 66 ms |
| Slippage occurrence i | ||
| Requotes occurrence i | 0% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 2000:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 2000:1 | 20:1 |
| Major indices leverage i | 100:1 | 20:1 |
| Minor indices leverage i | 100:1 | 10:1 |
| Gold leverage i | 2000:1 | 20:1 |
| Commodities leverage i | 1000:1 | 10:1 |
| Equities leverage i | 20:1 | 5:1 |
| Cryptocurrency leverage i | 500:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Roboforex and at XM in United Kingdom, and of who each one is meant for.Roboforex is better than XM for CFD account types, given that Roboforex offers a professional traders account, a copy trading account and a cent account, which XM does not. Roboforex and XM both offer a demo account and an ECN account.
XM does not offer real stocks, being a CFD broker, so Roboforex and XM cannot be compared for real stock account types.
| Section score | Roboforex 70 Best 36 | XM 62 -8 not offered |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Roboforex and with XM in United Kingdom.XM is better than Roboforex for account opening, as XM requires a lower minimum deposit, at 5 USD (against Roboforex's 100 USD), offers 10 account base currencies (against Roboforex's 3), and supports e-wallets, which Roboforex does not. Roboforex and XM both offer debit cards and wire transfers.
There is no like-for-like comparison for account opening, as XM is a CFD broker and does not offer real stocks.
| Section score | Roboforex 62 -8 62 | XM 70 Best not offered |
|---|---|---|
| Minimum deposit i | USD 100 | USD 5 |
| Minimum withdrawal i | USD 0 | USD 5 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal | |
| Local payment methods i | ||
| Account base currencies i | EUR, GBP, USD | AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR |
| Deposit waiting time i | up to 1 business days | Instant |
| Withdrawal waiting time i | up to 1 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Roboforex and XM in United Kingdom, in how it can be reached and how fast it answers.There is little between Roboforex and XM on customer care, as both offer phone support and live chat. XM has a slight edge, as it offers customer support in 19 languages (against Roboforex's 12), and has a website in 19 languages (against Roboforex's 14).
There is no like-for-like comparison for customer care, as XM is a CFD broker and does not offer real stocks.
| Section score | Roboforex 67 67 | XM 67 not offered |
|---|---|---|
| Number of languages supported i | 14 | 19 |
| Website languages i | Arabic, Czech, German, English, Estonian, Indonesian, Latvian, Malay, Polish, Russian, Spanish, Thai, Ukrainian, Vietnamese | Arabic, Czech, German, Greek, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Tagalog, Thai, Vietnamese, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, English, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Ukrainian, Chinese | Arabic, Czech, German, Greek, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Tagalog, Thai, Vietnamese, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Roboforex and XM provide to their clients in United Kingdom.XM is better than Roboforex for learning, because XM offers daily market commentary and a glossary, which Roboforex does not. Both Roboforex and XM offer education for advanced traders and webinars.
XM does not offer real stocks, being a CFD broker, so Roboforex and XM cannot be compared for learning.
| Section score | Roboforex 76 -7 76 | XM 83 Best not offered |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Roboforex vs XM: which one should you choose?
Roboforex
CFD Choose RoboForex, regulated by BaFin, if you want an online CFD broker with a wide choice of markets, cTrader and cent accounts.
Stocks Choose RoboForex, regulated by BaFin, if you want a broker for securities investing with a wide choice of markets.
Open Account 61.41% of retail investor accounts lose money when trading CFDs with this provider.
XM
CFD Choose XM, regulated by CySEC and ASIC, if you want a CFD and forex broker with a small minimum deposit, Islamic accounts and several account base currencies.
Open Account 72.82% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include Roboforex or XM, each scored with the same data and method as this page.
