Higher Rated
XM
Capital at risk · T&Cs apply
In this broker comparison, we examine Bitget and XM, two platforms with distinct offerings tailored to different types of traders. Bitget, established in 2018 and headquartered in Singapore, is geared towards those interested in cryptocurrency trading, offering features such as copy trading and low futures fees. In contrast, XM, founded in 2009 and based in Cyprus, caters to forex and CFD traders, appealing with its low minimum deposit, extensive educational resources, and negative balance protection. While Bitget provides a more specialised crypto trading experience, XM delivers a broader range of financial instruments and regulatory oversight.
Bitget
XM
| Bitget | XM | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:125 | 1:1000 ✓ |
| Regulation | MAS | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Bitget offers lower spreads (0.1 pips).
See full side-by-side comparison belowBitget
XM
WinnerBitget
XM
Bitget
3.1/5
Choose Bitget if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. Bitget holds a 3.1/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Bitget offers spreads from 0.1 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
Bitget requires a minimum deposit of $0. XM requires $5.
Bitget is regulated by MAS, while XM holds licences from CySEC, ASIC, FCA.
Bitget supports Proprietary Web, Proprietary Mobile. XM supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.