Public.com
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
In the realm of online trading, Public.com and XM cater to distinctly different audiences with their unique offerings. Public.com, founded in 2019, is ideal for novice traders in the United States who are interested in commission-free stocks, ETFs, and crypto, with a focus on social investing through its proprietary mobile app. In contrast, XM, established in 2009, appeals to global traders seeking a broader range of markets, including forex and commodities, supported by platforms like MT4 and MT5, and offers the advantage of very low minimum deposits and high leverage options. While Public.com is restricted to US users and focuses on a straightforward mobile experience, XM provides a more comprehensive trading environment with educational resources and negative balance protection.
Public.com
XM
| Public.com | XM | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | SEC | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Mobile | 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, Public.com offers lower spreads (0 pips).
See full side-by-side comparison belowPublic.com
XM
Public.com
Lower feesXM
Public.com
3.0/5
Choose Public.com if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. Public.com 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.
Public.com offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
Public.com requires a minimum deposit of $0. XM requires $5.
Public.com is regulated by SEC, while XM holds licences from CySEC, ASIC, FCA.
Public.com supports 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
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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.