IIFL Securities
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Compare IIFL Securities and XM side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
IIFL Securities
XM
| IIFL Securities | XM | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:1000 ✓ |
| Regulation | SEBI | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, Markets App | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, IIFL Securities offers lower spreads (0 pips).
See full side-by-side comparison belowIIFL Securities
XM
IIFL Securities
Lower feesXM
IIFL Securities scores 3.05/5 while XM scores 3.92/5 in our independent rating.
XM edges ahead overall, but IIFL Securities may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
IIFL Securities
3.0/5
Choose IIFL Securities if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. IIFL Securities holds a 3.0/5 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.
IIFL Securities offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
IIFL Securities requires a minimum deposit of $0. XM requires $5.
IIFL Securities is regulated by SEBI, while XM holds licences from CySEC, ASIC, FCA.
IIFL Securities supports Proprietary Web, Proprietary Mobile, Markets App. 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.
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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.