XM
Bitpanda
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Bitpanda depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Bitpanda operates from Vienna, Austria. XM has the longer track record, established in 2009, compared to Bitpanda which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
Bitpanda
XM is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Bitpanda offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
XM
3.9 vs 3.2
Lowest Fees
Bitpanda
0.6 vs 0 pips
Regulation
XM
3 vs 1 licences
Min. Deposit
Bitpanda
$5 vs $1
XM
WinnerBitpanda
XM
Bitpanda
XM holds licences from ASIC, FCA, CySEC. Bitpanda is regulated by CySEC.
Both brokers offer access to Stocks, Indices markets. XM additionally covers Forex, Cfd, Commodities. Bitpanda adds Crypto.
On spreads, Bitpanda is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Bitpanda offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while Bitpanda sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
BrokerRank scores XM at 3.92/5 and Bitpanda at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Bitpanda's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
XM offers spreads from 0.6 pips, while Bitpanda starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Bitpanda requires $1.
XM is regulated by CySEC, ASIC, FCA, while Bitpanda holds licences from CySEC.
XM supports MT4, MT5, Proprietary Mobile. Bitpanda supports Proprietary Web, 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.