Advertisement
XM Group vs Wisdom Financial Service
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, XM Group currently holds a stronger overall rating (4.3) than Wisdom Financial Service (0).
XM Group has a lower minimum deposit, at 5.0.
Both platforms offer their clients demo accounts, mobile trading.
Traders should note that
both companies offer the same minimum lot size 0.01, but XM Group has a maximum lot size of 50.0, while Wisdom Financial Service offers 10.0.
XM Group offers a lower maximum leverage of 1:1000, whereas Wisdom Financial Service allows trading with up to 1:100000.
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.
|
|
||
|---|---|---|
|
Overall Rating:
Platform:
Pricing:
Customer service:
Features:
|
|
|
| Minimum deposit ($) | 5.0 | 100.0 |
| 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 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 50.0 | 10.0 |
| Spread | Variable | Variable |
| Broker type | Market Maker | STP, ECN, Market Maker, Pro |
| Maximal leverage (1:?) | 1000 | 100000 |
| Availability | Market Maker | STP, ECN, Market Maker, Pro |
| Regulation | CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), ESCA (UAE) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Multiple local methods | Credit Card, Cash |
| 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 | Singapore |
| Trading platform(s) timezone | United Arab Emirates, Belize, Cyprus, South Africa | Singapore |
| Other trading instruments | Stocks, Futures, Indices, Commodities, Energies, CFDs, Precious Metals, Forex | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
