Compare XM vs Globex360
What is XM? What is Globex360?
XM and Globex360 are both online trading platforms that allow users to trade various financial instruments including forex, stocks, commodities, and indices. XM is an online forex and CFD trading platform that offers trading in over 1000 financial instruments, while Globex360 is a forex and CFD trading platform that offers trading in over 300 financial instruments.
XM vs Globex360 Overall Comparison
Overall, XM and Globex360 both offer competitive trading conditions and a range of trading instruments. XM has a wider selection of financial instruments and supports more trading platforms, while Globex360 offers a mobile app for trading on-the-go.
XM vs Globex360 Regulation Comparison
In terms of regulation, both XM and Globex360 are regulated by reputable financial authorities. XM is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), while Globex360 is regulated by the Financial Conduct Authority (FCA) in the UK.
XM vs Globex360 Trading Assets Comparison
XM offers trading in over 1000 financial instruments including forex, stocks, commodities, and indices, while Globex360 offers trading in over 300 financial instruments including forex, stocks, and commodities.
XM vs Globex360 Trading Fees Comparison
Trading fees on both XM and Globex360 vary depending on the type of account and the financial instrument being traded. XM offers variable spreads starting from as low as 0 pips, while Globex360 offers fixed spreads starting from as low as 1 pip.
XM vs Globex360 Account Types Comparison
Both XM and Globex360 offer a range of account types including demo, micro, standard, and VIP accounts. XM also offers Islamic accounts, while Globex360 offers ECN accounts.
XM vs Globex360 Trading Conditions Comparison
When it comes to trading conditions, XM offers competitive leverage up to 1:888, while Globex360 offers leverage up to 1:500. Both platforms also offer negative balance protection and no requotes.
XM vs Globex360 Deposit Options Comparison
XM and Globex360 support a range of deposit and withdrawal options including bank transfers, credit cards, and online payment systems. XM also offers local bank transfers and e-wallets, while Globex360 offers Skrill and Neteller.
XM vs Globex360 Trading Platforms Comparison
XM supports a range of trading platforms including MetaTrader 4, MetaTrader 5, and WebTrader, while Globex360 offers the MetaTrader 4 platform.
XM vs Globex360 Analytical Tools Comparison
Both XM and Globex360 offer a range of analytical tools including charting, technical analysis, and market news. XM also offers free VPS services for qualifying accounts.
XM vs Globex360 Educational Resources Comparison
In terms of educational resources, both XM and Globex360 offer a range of materials including beginner courses, e-books, and webinars. XM also offers daily market analysis and an economic calendar, while Globex360 offers an extensive FAQ section.
Which offers better pricing – XM or Globex360
The pricing offered by XM and Globex360 varies depending on the financial instrument and the type of account. In general, XM offers competitive variable spreads starting from 0 pips, while Globex360 offers fixed spreads starting from 1 pip. Overall, both brokers offer competitive pricing.
Which broker offers more security when trading Forex and CFDs?
Both XM and Globex360 are regulated by reputable financial authorities, which ensures a level of security when trading forex and CFDs. XM is regulated by CySEC and ASIC, while Globex360 is regulated by FCA. Both brokers also offer negative balance protection to protect clients from incurring losses beyond their account balance.
Which broker offers the superior trading platform?
The trading platform preference is subjective and varies among traders. XM offers a range of trading platforms including MetaTrader 4, MetaTrader 5, and its own proprietary platform, while Globex360 only offers MetaTrader 4. Both platforms offer various features such as charting, technical analysis tools, and customizable interfaces.
Do these brokers both offer MetaTrader?
Yes, both XM and Globex360 offer the MetaTrader 4 platform.
How many Forex pairs can you expect from these brokers?
XM offers trading in over 1000 financial instruments, including over 55 forex pairs. Globex360 offers trading in over 300 financial instruments, including over 60 forex pairs. Both brokers offer a wide range of forex pairs to trade.
Is it safe to trade with XM?
Yes, it is safe to trade with XM as the broker is regulated by reputable financial authorities, offers negative balance protection, and has been operating since 2009.
Is it safe to trade with Globex360?
Yes, it is safe to trade with Globex360 as the broker is regulated by FCA, offers negative balance protection, and has received positive reviews from clients.
Is XM a good broker?
Yes, XM is considered a good broker due to its competitive pricing, range of trading instruments, multiple trading platforms, and regulatory oversight.
Is Globex360 a good broker?
Globex360 has received positive reviews from clients and is considered a good broker due to its competitive pricing, range of trading instruments, and regulatory oversight by FCA.
XM vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on an individual trader’s needs and preferences. Both XM and Globex360 offer a range of trading instruments, trading platforms, and competitive pricing. Here are some points to consider when deciding which broker to choose:
- Range of trading instruments: XM offers trading in over 1000 financial instruments, including forex, stocks, commodities, and indices, while Globex360 offers trading in over 300 financial instruments, including forex, stocks, and commodities. If one is looking to trade a wider range of assets, XM may be the better choice.
- Trading platforms: XM offers a range of trading platforms including MetaTrader 4, MetaTrader 5, and WebTrader, while Globex360 only offers MetaTrader 4. If one prefers multiple trading platform options, XM may be the better choice.
- Pricing: Both brokers offer competitive pricing, but XM’s variable spreads starting from 0 pips may be more appealing to traders who prefer low spreads.
- Regulatory oversight: XM is regulated by CySEC and ASIC, while Globex360 is regulated by FCA. Traders who prefer trading with a broker that has regulatory oversight in their country or region may choose Globex360 if they are based in the UK, or XM if they are based in Cyprus or Australia.
Overall, both XM and Globex360 are reputable forex brokers that offer competitive pricing and a range of trading instruments and platforms. Traders should carefully consider their needs and preferences before choosing which broker to trade with.
