XM vs EZ Invest

XM or EZ Invest – which is better for UK traders 2024? Compare XM and EZ Invest in this detailed breakdown of their platforms, features and fees.

XM vs EZ Invest Comparison Table 2024
XM EZ Invest
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4.4
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2.3
XM is ranked #91 among CFD brokers. EZ Invest is ranked #69 among CFD brokers.
XM has closed or no longer accepts UK clients.
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
EZ Invest is a CySEC-licensed broker, launched in 2008, that offers trading on popular financial markets through leveraged CFDs. Traders can choose between multiple respected platforms, including MetaTrader software and a user-friendly in-house app. The reliable multilingual customer support team are also on-hand to support new users.
Pros
  • XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
  • XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of <2 minutes and now a growing Telegram channel.
  • XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
  • Access to the industry-leading MT4 platform
  • 400+ assets spanning stocks, forex, commodities and crypto
  • Social trading service connecting beginners with seasoned traders
  • You can open an account and start trading in a few straightforward steps
  • The broker is licensed by a tier-two regulator - CySEC
  • User-friendly and stable mobile app
Cons
  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
  • Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach.
  • While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
  • XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
  • Spreads are higher than average on basic accounts
  • The minimum deposit of $500 will deter some newer traders
  • Regulatory oversight and protection varies based on your location
  • Minimal education for lower account tiers
  • Live chat support could be improved
  • No negative balance protection
Awards
  • Outstanding Customer Service Global 2024 - Capital Finance International Magazine
  • Best FX Service Provider 2024 - City of London Wealth Management Awards
  • Best FX Broker, Europe 2023 - World Finance Forex Awards
  • Best CFD Provider 2023 - City of London Wealth Management Awards
  • The Best Crypto CFDs 2022 - Financial Expo Egypt
  • Best FX Service Provider 2022 - City of London Wealth Management Awards
  • Best MT4/MT5 Broker 2021 - DayTrading.com
  • Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$5 $500
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, DFSA, IFSC CySEC
Mobile Apps
iOS, Android & Windows Yes
Trading App

XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1,000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to trade from your hand.

iOS App Rating
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4.7
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Android App Rating
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rating full
3.9
rating empty
Margin Trading
Yes No
Margin Rate
0.2%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
XM offers copy trading through its intuitive app with exclusive crypto pairs. XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account.
Social Trading
Yes Yes
Trade Signals
Yes Yes (MT4)
VPS Hosting
Yes No
Tournaments
Yes No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
Commodities
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Copper
  • Soybeans
  • Sugar
  • Wheat
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Palladium
  • Platinum
  • Gold
  • Silver
CFD
XM delivers for CFD traders with flexible leverage and a huge range of markets, including bespoke thematic indices for exposure to popular sectors like artificial intelligence. The MT4/MT5 platforms are also fast and dependable while a free VPS is available to qualifying XM traders running algo trading strategies. EZ Invest offers leveraged CFDs on popular asset classes, including forex, stocks, indices and commodities. Execution speeds are decent but a large deposit is needed for the best pricing conditions.
Leverage
1:30 1:30
FTSE Spread
1.4 0.2
GBPUSD Spread<
0.8 1.1
Oil Spread
0.03 0.01
Stocks Spread
0.002 Variable
Forex
XM offers a strong selection of currency pairs with no re-quotes or hidden charges, while spreads have come down over the years, now starting from 0.8 pips on the EUR/USD in the commission-free account. With over 190 forex spot pairs, EZ Invest outperforms many rivals in terms of access to the currency markets. Users can also choose between desktop software, a webtrader plus a solid mobile app. On the negative side, spreads aren't the tightest on entry accounts.
Assets
55+ 190+
GBPUSD Spread
0.8 1.1
EURUSD Spread
0.8 0.6
EURGBP Spread
1.5 2.3
Currency Indices
  • USD
Cryptocurrency
XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 120+ crypto derivatives at Eightcap. EZ Invest offers a narrow selection of popular cryptos paired with the US Dollar and Euro. However crypto-Euro pairs are less common so the broker is a good fit if you want these products.
Spread
Variable Floating
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • XMR
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
XM EZ Invest
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