XM vs Bitget: Fees, Security, Features & Which to Choose (2025)

Trying to choose between XM and Bitget This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on September 5, 2025

XM

Bitget

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Yes

Canada

United Kingdom

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Canada

Yes

United Kingdom

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XM is ideal if:

For flexibility seekers: Ideal if you want access to a wide range of global markets (forex, CFDs, commodities, indices, stocks, crypto) across popular platforms like MT4 and MT5.
For fair-play traders: Perfect if you value consistent execution—no requotes or rejections—and the same conditions for all clients, regardless of account size.
For support-driven users: Great for those who appreciate multilingual, round-the-clock support and educational tools (like live webinars and market insights).

Bitget is ideal if:

Versatile trading options – Combines spot, futures, margin, and copy trading along with automated tools to suit both beginners and advanced users
Built for trust and security – Emphasizes safety with cold/hot wallet separation, Proof of Reserves, real-time risk monitoring, and a sizable protection fund
Seamless, accessible experience – Boasts an intuitive interface across web and mobile, supported by global partnerships and strong user support networks

XM isn’t ideal if:

If you want full asset variety: XM lacks futures, physical stocks, and a broader crypto selection—so it's not the best fit if you're seeking non-CFD exposure or niche instruments.
If payment flexibility matters: No PayPal or similar e-wallet options, and withdrawing profits often requires bank transfers only.
If transparency is crucial: Being privately held, XM doesn’t publish public financial disclosures, which may concern traders looking for operational transparency.

Bitget isn’t ideal if:

If you prefer direct fiat deposits – Bitget emphasizes crypto-to-crypto trading and may not suit users wanting seamless fiat-to-crypto onboarding.
If you're regulatory-risk averse – It lacks top-tier regulatory oversight in some jurisdictions, which could concern users seeking high-level financial protection.
If you're uncomfortable with complex tools – Advanced features like futures and leverage could overwhelm inexperienced traders who prefer simpler platforms.

Fees & Total Costs

Spot Maker/Take

XM does not use a maker-taker pricing model for spot crypto trading; instead, it offers crypto CFDs with transparent spreads rather than volume-based fees or native-token discounts.

Bitget applies a standard spot trading fee of 0.1% for both makers and takers, with a 20% discount available if you choose to pay using the native BGB token. VIP tiers, determined by trading volume and BGB holdings, offer further tiered reductions.

Futures/Derivatives

XM provides CFD-based derivatives (including forex, commodities, indices, crypto) rather than traditional futures, with no separate maker/taker fees and funding costs rolled into overnight swap rates depending on account type and position.

For perpetual futures, the maker fee is 0.02% and the taker fee is 0.06%, with potential discounts through the VIP program or BGB holdings; funding fees are not collected by Bitget but exchanged directly between traders every 8 hours.

Average Spreads on Liquid Pairs

XM’s crypto spreads vary dynamically with market conditions, and while they aim to keep spreads competitive, specific figures for pairs like BTC/USDT or ETH/USDT are not publicly listed to ensure evergreen relevance.

Bitget does not publish fixed spread data; spread tends to mirror tight market conditions on major liquid pairs, consistent with other active spot platforms—though slight variations may occur depending on real-time order book depth.

Fiat Deposits & Withdrawals

Clients can deposit and withdraw using credit/debit cards, bank transfers, and e-wallets like Skrill or Neteller, typically with no internal fees and processing that ranges from instant (e-wallets) to a few business days (cards or wire).

Users can deposit fiat via credit/debit cards or third-party services; fees and processing times vary depending on the provider, while deposits may have third-party charges but no platform fee listed.

On-chain Withdrawals

XM does not offer on-chain crypto withdrawals—crypto exposure is available only via CFDs—so there are no network-level (like BTC, ETH, TRX) withdrawal fees.

Withdrawal fees are dynamically adjusted based on network congestion; there’s no flat-rate model—actual costs vary by blockchain and are shown during withdrawal.

Hidden Costs

XM imposes inactivity charges after a period without trading, and currency conversion fees may apply if your deposit or withdrawal currency differs from your account base; there are no known express-KYC charges.

Bitget maintains transparency around fees—there are no inactivity fees, currency conversion happens at prevailing market rate (with no added margin), KYC is standard and fee-free, and other charges like copy-trading profit shares are openly disclosed.

Real-World Cost Example: “€500 BTC

Because XM trades crypto via CFDs rather than outright purchases, a “€500 BTC buy” isn’t executed as a direct asset acquisition—costs would come from the spread and any overnight financing, with no actual crypto withdrawal involved.

If you bought €500 of BTC via the spot market, you’d pay roughly 0.1% in fee (or about €0.50, less with BGB), plus a minimal spread typically embedded in execution price, and then pay a network-based withdrawal fee when moving the BTC on-chain. Let me know if you’d like a deeper dive into any of these!

Crypto Offering & Trading Features

Number of Coins & Pairs

XM offers 58 crypto CFDs, covering many major and minor cryptocurrencies across USD, EUR, and GBP denominated pairs; top-volume pairs include BTC/USD, ETH/USD, XRP/USD, LTC/USD, and BCH/USD.

Bitget offers hundreds of cryptocurrencies across spot and derivatives, with the top 20 liquid pairs by volume including BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, BGB/USDT, USDC/USDT, among others, reflecting a broad but curated selection.

Product Range

XM provides CFDs only—no actual spot, futures/perps, options, ETFs, staking, lending, grid or DCA bots—though it does support copy trading via MQL5 alongside its usual CFD offerings.

The platform supports spot, margin (both cross and isolated), perpetual futures, and copy trading, and also extends offering grid and DCA bots; additional services include staking/earn and flexible savings, though options, crypto ETFs, and loans are not core features.

Liquidity

XM does not publish direct liquidity metrics like 24-hour volume or order-book depth, relying instead on its CFD pricing aligned with underlying markets via its partner liquidity providers.

Bitget consistently ranks among the top global cryptocurrency exchanges for liquidity depth in BTC/USDT and ETH/USDT, ensuring efficient execution even for large orders; real-time 24-hour volume is high and competitive among major platforms.

Tools

XM supports standard order types—including limit, stop, and OCO—offers alerts and advanced charting through MT4/MT5 platforms; it does not feature a proprietary TradingView interface or public API/WS, but use of Expert Advisors is permitted.

Users can access a full range of order types—limit, stop, OCO—and enjoy advanced charting tools, TradingView integration, price alerts, and a robust API/WebSocket for automation.

Geographic Restrictions by Product

XM restricts certain products in specific regions—crypto CFDs and copy-trading are unavailable to clients in the UK and EEA, and access to CFDs depends on local regulator policies.

Derivatives and leveraged products are restricted or unavailable in certain regions due to compliance requirements—users should check local eligibility as access may vary by jurisdiction.

Innovation

XM does not offer launchpad, launchpool, staking pools, earn programs, or flexible-vs-locked yield products; its innovation focus remains on expanding CFD choices and platform features like copy trading.

Bitget provides launchpad-like activities via its Web3 Launchhub, along with flexible earning (zero-lock staking) and competitive yield programs that encourage ongoing user engagement.

Security, Regulation & Custody

Operating Entity & Jurisdiction

XM is run by Trading Point Holdings Ltd (founded 2009), headquartered in Limassol, Cyprus, and operates through specialized regional entities tailored to the EU, Australia, Middle East, and global markets.

Bitget is legally registered in Seychelles under Bitget Holdings Pte Ltd, founded in 2018, and maintains additional operational offices in the UAE and Bahrain to support regional growth and compliance.

Licenses/Registration

XM is regulated under CySEC (Cyprus / EU), ASIC (Australia), DFSA (Dubai), and IFSC (Belize), aligning with EU MiFID II standards but not specifically registered as a VASP under MiCA.

The platform holds multiple regulatory registrations including MSB in the U.S., VASP in Poland, crypto licensing in Lithuania, and approvals in markets like Australia, Italy, the UK, and El Salvador—all supporting its pursuit of broader MiCA and regional compliance.

Custody

XM entrusts client funds to top-tier third-party banks in segregated accounts, and although it mentions independent audits and risk controls, it does not provide public Proof of Reserves or disclose cold-storage percentages.

Bitget uses self-custody solutions, regularly conducts Merkle-tree audits to maintain over 100% proof of reserves, and incorporates cold storage for a significant portion of user funds to ensure full backing and transparency.

Insurance & Protection Funds

EU-based clients via XM’s CySEC arm benefit from the Investor Compensation Fund (cap applies), and the broker enforces negative balance protection—but it does not highlight private insurance schemes.

A multi-million-dollar Protection Fund serves as a safety net alongside security standards such as ISO 27001

Incident History

XM has maintained a largely clean record with no major hacks or enforcement actions reported by tier-1 regulators, and any operational interruptions are either internal or compliance-related, with no publicized fines.

Since its launch, Bitget has maintained an incident-free track record with no major hacks, enforcement suspensions, or regulatory penalties publicly reported, demonstrating consistent platform resilience.

Risk Controls

XM supports strong risk safeguards including mandatory KYC, negative balance protection, and secure execution infrastructure, though features like granular API permissions, IP whitelisting, or sub-account hierarchies are mostly available via MetaTrader plugin tools rather than a proprietary interface.

Users benefit from robust protections like 2FA (via apps or passkeys), anti-phishing codes, PIN/fund codes, withdrawal address whitelists, sub-accounts, granular API permissions, and “cancel withdrawal” functionality to mitigate unauthorized activity.

Transparency

XM provides detailed legal documents, execution statistics, and quarterly summaries available to clients, but does not publish public wallet addresses, real-time monthly financials, or explicit service-level agreements.

Bitget delivers transparency through monthly audit-backed reserve disclosures, compliance reporting, and operations conducive to regulatory inquiries—though it doesn’t offer publicly viewable wallet addresses or formal SLA documentation.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

XM accepts bank wires, Visa/MasterCard, and e-wallets like Skrill, Neteller, Google Pay, and Apple Pay; the minimum deposit is around $5; e-wallet/top-up deposits are instantaneous, cards take up to a few business days, and bank wires typically reflect within 1–5 business days.

Bitget supports bank transfers (e.g., SEPA), credit/debit cards, P2P, and third-party e-wallets—each method has varying minimums, limits, and processing times that are displayed during the transaction.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

XM enforces a full KYC flow requiring identity, selfie, and proof of address before enabling deposits and withdrawals; there is no tiered access—full verification is mandatory to unlock all account functionalities.

Users must complete identity verification to enable fiat services; verification lifts default crypto withdrawal caps (e.g., from ~20,000 USDT/day to millions depending on VIP tier), while sub-accounts inherit verification from the main account.

Withdrawals

XM processes withdrawals via the same channel used for deposit (e-wallet, card, or wire), with processing typically within 24 hours and final receipt depending on method (e-wallets same day, cards/wires 2–5 business days); crypto networks aren’t used since XM operates via CFDs.

Fiat withdrawals use bank transfers (e.g., SEPA for EUR) with limits and processing times shown during execution; crypto withdrawals support major networks (e.g., TRC20, ERC20) and show exact time estimates and fees at withdrawal.

Customer Support

XM provides multilingual support via live chat and email, reportedly operational 24/5 (depending on your region), with relatively fast response times and a rich repository of educational content and FAQs online.

Bitget provides 24/7 live chat, email support, and a resource-rich help center; response times may vary, but guidance through chat is generally prompt, supplemented by a detailed knowledge base.

Languages & Localization

XM supports Spanish-language interfaces and customer support, displays pricing in your account’s base currency (including EUR), and operates under local regulatory regimes to ensure compliance in each jurisdiction.

The platform is fully translated into major languages including English; fiat balances and fees are displayed in users’ preferred currencies, aligning with local regulatory and payment frameworks.

App Quality & Stability

XM’s mobile and web apps—built on the tried-and-true MetaTrader frameworks—are praised for reliable performance and regular updates; while exact crash data isn’t public, user feedback indicates smooth stability and ongoing enhancements.

Bitget’s app is designed for stability, regularly updated to address bugs and performance; while exact crash statistics are not provided, user reviews indicate smooth usability across iOS and Android platforms.

Experience, Performance & Ecosystem

UX/UI

XM exclusively uses MetaTrader platforms—MT4, MT5, WebTrader, and mobile apps—without separate “Lite” or “Pro” versions. MT4 offers a smooth start for beginners, while MT5 brings deeper tools, though mastering either still requires some adaptation to their interfaces.

Bitget features a dual-mode interface—’Lite’ for easy entry with a clean, beginner-friendly layout, and ‘Pro’ for advanced traders with full access to order books, indicators, and tools—making the platform adaptable to both novices and experienced users.

Performance

XM leverages MetaTrader’s known reliability, delivering fast executions with minimal delays—even during busy periods. While traffic surges or market jitters can slightly slow processes, major slowdowns are rare, and KYC flows remain consistent, avoiding backlog surges during bull runs.

Bitget’s infrastructure ensures rapid order execution with low latency and reliable uptime even during volatile market peaks, and while KYC volume may rise in bull markets, the process typically remains smooth with few delays reported on the platform.

Education

XM provides a free demo environment with live-market simulation and unlimited practice funds. Educational resources include multilingual webinars, live trading rooms, and webinars—many available in Spanish alongside a full demo system for hands-on learning.

The Bitget Academy offers comprehensive learning content—ranging from market guides to strategy deep-dives—and includes a futures demo simulator for real-time practice, with many resources also available in Spanish to support diverse learner needs

Community

XM fosters a growing community via its multilingual referral initiative—with cash rewards for both referrer and referee. While it lacks its own Discord or Telegram groups, it maintains active engagement through webinars, its “Refer a Friend” program, and content hubs.

Bitget maintains an active online presence with official communities across Telegram and Discord, a structured referral program rewarding both referrers and referees, and engagement via academy and social channels rather than open public forums.

Integrations

XM supports algorithmic automation via Expert Advisors within MetaTrader, but does not provide native TradingView integration, tax-report tools, or accounting dashboards—external utilities must be linked manually.

The platform integrates natively with TradingView for enhanced charting and supports external bot automation via its API, which connects seamlessly with third-party portfolio trackers and tax reporting tools for workflow efficiency

Who Each One Is Best For

XM is perfect for traders who value platform flexibility and automation (via MT5/MT4), appreciate structured learning with multilingual education, and thrive in a regulated, straightforward CFD trading environment—without the need for fancy separate modes or built-in finance tools.

Bitget best suits traders who appreciate a polished interface with adjustable complexity, access to demo trading and smart automation tools, and seamless integration with external platforms—making it particularly friendly for both savvy beginners and algorithmic/institutional users.