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XM Group vs Valetax
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, XM Group currently holds a lower overall rating (4.3) compared to Valetax (4.9).
XM Group has a higher minimum deposit than Valetax, at 5.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
XM Group offers a lower maximum leverage of 1:1000, whereas Valetax allows trading with up to 1:2000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 5.0 | 1.0 |
| Commission | 3.5 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | - |
| Maximum lot size | 50.0 | 0.01 |
| Spread | Variable | Variable |
| Broker type | Market Maker | Dealing Desk |
| Maximal leverage (1:?) | 1000 | 2000 |
| Availability | Market Maker | Dealing Desk |
| Regulation | CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), ESCA (UAE) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Multiple local methods | Online Check, Local Deposits, Multiple local methods, USDT, GrabPay |
| Account Currency | USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF | USD |
| Languages | English, Spanish, French, German, Portuguese, Italian, Greek, Russian, Polish, Thai, Arabic, Vietnamese, Korean, Bulgarian, Urdu, Hindi, Czech, Serbian, Romanian, Tagalog, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia, Slovakian, Nepali, Cebuano, Mongolian | English |
| Country | United Arab Emirates, Belize, Cyprus, South Africa | Mauritius |
| Trading platform(s) timezone | United Arab Emirates, Belize, Cyprus, South Africa | Saint Vincent and the Grenadines |
| Other trading instruments | Stocks, Futures, Indices, Commodities, Energies, CFDs, Precious Metals, Forex | Indices, Energies, CFDs, Cryptocurrency, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
