## Bitget vs XM | Thorough comparison
Both Bitget and XM are popular overseas brokers among Japanese traders. The difference lies in their features: Bitget is a comprehensive exchange supporting cryptocurrencies and CFDs, while XM is a broker specializing in forex. Compare their specifications, costs, and support to choose the broker that best suits your needs
### Basic Specifications Comparison
| Item | Bitget | XM |
|——|——–|—–|
| Maximum Leverage | 125x | 1000x |
| Financial License | Australia / UK / Italy / Poland and 11 other countries | CySEC / ASIC / IFSC / DFSA |
| Trading Tools | Proprietary Platform / MT5 (CFD) | MT4 / MT5 |
| Zero Cut | Implemented | Implemented |
| Japanese Support | Available | Available (24 hours) |
| Products | Cryptocurrency (Spot / Futures / Copy Trading) / CFD (FX, Precious Metals, Indices) | FX / Precious Metals / Energy / Stock CFD / Cryptocurrency |
| Number of Users | Over 120 million | Over 10 million |
| Established | 2018 | 2009 |
### Fee Comparison
| Item | Bitget | XM |
|——|——–|—–|
| Spot Trading | Maker/Taker 0.1% | − |
| Futures Trading | Maker 0.02% / Taker 0.06% | − |
| Forex Trading (CFD) | Spread System (MT5) | Spread System |
| Commission Discount | 20% OFF with BGB Payment | Loyalty Program |
### Account Type Comparison
**Bitget Account Types**
| Account Type | Features | Maximum Leverage |
|———–|——|————–|
| Spot Account | Spot trading of cryptocurrencies (over 600 types) | 1x |
| Futures Account | Cryptocurrency futures trading | 125x |
| CFD Account | CFD trading of FX, precious metals, and stock indices (MT5 compatible) | Varies by instrument |
**XM Account Types**
| Account Type | Features |
|———–|——|
| Standard Account | Commission-free, for general use |
| Micro Account | For small-amount trading |
| KIWAMI Account | Low spreads, swap-free |
| Zero Account | Commission-based, extremely narrow spreads |
### Who should use Bitget?
– For those whose main focus is **cryptocurrency trading** (over 600 spot cryptocurrencies + futures up to 125x leverage)
– For those who want to utilize professional strategies with **copy trading**
– For those who want to trade cryptocurrencies, FX, and precious metals on a single platform with **CFD trading**
– For those who want to trade a wide variety of cryptocurrency pairs (over 600 types)
### Who should XM be recommended for?
– Those whose main focus is **FX trading** and who want to use MT4/MT5
– Those who want to take advantage of **abundant bonuses** (account opening bonus + deposit bonus)
– Those who are attracted to the low spreads + swap-free **KIWAMI account**
– Those who value **long operating history** (since 2009) and comprehensive Japanese support
– Those who want to trade FX with **up to 1000x leverage**
### Both options are eligible for cashback if accessed via Moneychat
If you open an account through MoneyChat, you can receive cashback from both Bitget and XM. Whichever broker you choose, you'll get a portion of your trading costs reimbursed, making it a great deal
### summary
Bitget now also supports CFD trading, and the overlap in product lineups with XM is increasing. The basic distinction is that Bitget is for cryptocurrencies and XM is for FX and stock CFDs, but the best choice depends on what you prioritize. **Opening accounts with both via MoneyChat and actually comparing them is one approach.**
**Risk Warning**: Cryptocurrency trading involves risks. Please invest only with funds you can afford to lose
