Hargreaves Lansdown
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
In this detailed comparison of Hargreaves Lansdown and XM, we explore the key differences that cater to distinct trader profiles. Hargreaves Lansdown, with its robust proprietary platforms and extensive research tools, is ideal for UK-based investors focused on long-term stock and fund investments, particularly those looking to utilise ISAs and pensions. In contrast, XM appeals to active traders and beginners who require broader market access, including forex and CFDs, facilitated by low minimum deposits and high leverage. While Hargreaves Lansdown's strengths lie in its comprehensive investment services and trusted reputation, XM offers a more diverse trading experience for those seeking global market opportunities.
Hargreaves Lansdown
XM
| Hargreaves Lansdown | XM | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | FCA | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Hargreaves Lansdown offers lower spreads (0 pips).
See full side-by-side comparison belowHargreaves Lansdown
XM
WinnerHargreaves Lansdown
XM
Hargreaves Lansdown
2.8/5
Choose Hargreaves Lansdown if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. Hargreaves Lansdown holds a 2.8/5 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.
Hargreaves Lansdown offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
Hargreaves Lansdown requires a minimum deposit of $0. XM requires $5.
Hargreaves Lansdown is regulated by FCA, while XM holds licences from CySEC, ASIC, FCA.
Hargreaves Lansdown 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.