Written by ForexBrokers.com
In this head to head comparison of XM Group vs FxPro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XM Group and FxPro are both reputable online brokers, yet they have distinct differences in their regulatory profiles. XM Group, established in 2009, holds four Tier-1 licenses and one Tier-2 license, reflecting a strong commitment to compliance and safety. However, with a ForexBrokers.com Trust Score of 88, it is considered trusted but falls slightly behind FxPro. Founded in 2006, FxPro has secured two Tier-1 and one Tier-2 licenses, giving it a Trust Score of 90, placing it in the highly trusted category. Neither XM Group nor FxPro is publicly traded or operates as a bank.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Year Founded | 2009 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of XM Group and FxPro, both brokers receive a 4-star rating, indicating they are well-regarded in this area. However, XM Group is ranked #33 among 62 brokers, while FxPro slightly edges ahead at #32. XM Group's Standard account spreads are considered expensive, and it doesn’t publish average spreads for its commission-based XM Zero account, potentially limiting transparency for traders seeking detailed pricing information.
On the other hand, FxPro's pricing stands out as higher than the industry average. This may pose a challenge for the broker when compared to other top players like Pepperstone and IC Markets, which also offer the full MetaTrader and cTrader platforms. FxPro provides variable and fixed spreads on its MT4 offering, with the variable spreads offering two execution options: instant, which may result in requotes, and market, which can experience slippage but operates without requotes.
Particularly on FxPro’s cTrader platform, traders can benefit from competitive spreads featuring commission-based pricing. For example, the effective spread for the EUR/USD pair on this platform is approximately 1.27 pips, combining an average spread of 0.37 pips and a 0.9 pip commission-equivalent. While FxPro's floating-rate model offers a EUR/USD spread of 1.58 pips on MT4 and 1.51 pips on MT5, it's noteworthy that there is no fixed-spread option on MT5, with only market execution being available.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average Spread EUR/USD - Standard | 1.6 | 1.51 |
| All-in Cost EUR/USD - Active | 0.8 | 1.27 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
In the world of online trading, XM Group and FxPro stand as prominent platforms, each offering a wealth of investment opportunities. XM Group, boasting a selection of 1,394 tradable symbols, provides investors with diverse options including 55 forex pairs. What distinguishes XM Group is the availability of both U.S. and international exchange-traded securities, allowing clients to purchase company shares like Apple and Vodafone. This flexibility, along with the provision for forex as a CFD or spot contract, appeals to a wide range of investors. Furthermore, XM Group supports copy trading and cryptocurrency derivatives, positioning it as a favored choice with a 4.5-star rating in the Range of Investments category, where it ranks 23rd out of 62 brokers.
FxPro, on the other hand, offers an impressive total of 2,249 tradable symbols, including 70 forex pairs, making it a strong competitor in the forex market. While FxPro does not provide access to U.S. exchange-traded securities, its offerings in international exchanges and forex as a CFD or spot contract make it a solid choice for global investors. Additionally, FxPro supports both copy trading and cryptocurrency derivatives. Earning a 4-star rating and ranking 28th in the Range of Investments category, FxPro presents a comprehensive trading experience that caters to diverse investment preferences.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 2249 |
| Forex Pairs (Total) | 55 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing XM Group and FxPro for their trading platforms and tools, both brokers offer a range of options that cater to various trading preferences and needs. Both XM Group and FxPro provide free virtual demo accounts, allowing users to practice trading without financial risk. They also share compatibility with popular MetaTrader platforms—MT4 and MT5—and both offer Windows-based desktop and web-based platforms, making trading convenient and accessible. The key difference lies in FxPro's in-house developed proprietary platform, which XM Group does not offer. Both brokers support copy trading but neither supports DupliTrade or ZuluTrade integration.
In terms of charting and customization features, XM Group offers 15 drawing tools and the ability to trade directly from a stock chart, compared to FxPro's more extensive set of 25 drawing tools. While both brokers provide watchlists, XM Group offers an additional column for a total of seven fields, compared to FxPro’s six. Both firms receive a four-star rating for their trading platforms and tools. However, FxPro ranks slightly higher at #19 compared to XM Group’s #30 rank out of 62 brokers, according to ForexBrokers.com. This signifies FxPro’s slight edge in terms of platform variety and the tools available for their traders.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 53 |
| Charting - Drawing Tools (Total) | 15 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XM Group and FxPro, both brokers offer comprehensive tools and features for traders on the go. Available on both iPhone and Android platforms, these apps allow users to receive stock or forex price alerts and synchronize their watchlists with their online accounts effortlessly. This means any adjustments you make on the mobile app will reflect across your devices. While both mobile apps enable drawing trendlines and viewing multiple time frames on charts, FxPro stands out with its ability to auto-save these drawings, a feature that XM Group currently lacks.
Technical analysis enthusiasts may lean towards FxPro, which offers an impressive 65 technical studies, compared to XM Group's 30. Both platforms allow users to create watchlists with real-time quotes, but overall user satisfaction seems to favor FxPro slightly, with a rating of 4.5 stars compared to XM Group’s 4 stars. Reflecting this preference, ForexBrokers.com ranks FxPro’s mobile app at #15 out of 62 brokers, while XM Group is ranked at #27. Whether you prioritize advanced charting tools or seamless synchronization, both apps deliver essential features for effective mobile trading.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both XM Group and FxPro provide valuable insights that cater to traders' needs. Each broker delivers daily market commentary and keeps traders informed with forex news from credible sources like Bloomberg and Reuters. They both incorporate Trading Central tools for technical analysis, and offer sentiment-based trading tools that reveal long or short position ratios across various instruments. Additionally, both XM Group and FxPro supply comprehensive economic calendars to keep traders updated on global news events. However, neither broker currently provides resources from Autochartist or TipRanks, nor do they incorporate research tools from Acuity Trading.
In terms of ratings, XM Group stands out with a five-star research rating, compared to FxPro which holds a four-star rating. This distinction is further underscored by ForexBrokers.com, which ranks XM Group at #8 amongst 62 brokers for research, whereas FxPro comes in at #27. This suggests that while both brokers offer substantial tools to support trading decisions, XM Group may offer a slightly more comprehensive suite of research services, cementing its higher ranking in the industry.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XM Group and FxPro both provide over 10 educational resources focused on forex and CFDs, making them competitive choices for beginners seeking knowledge. However, XM Group leads when it comes to interactive learning experiences, offering monthly online webinars which are a valuable resource for those who prefer live learning sessions. FxPro lacks this feature but matches XM Group by providing a searchable archive of past webinars, ensuring accessibility to information on demand.
In terms of video content, both brokers offer over 10 beginner-friendly videos, but XM Group further distinguishes itself by providing advanced videos tailored for more experienced traders. While FxPro compensates with an investor dictionary containing over 50 trading definitions, this does not outweigh XM Group's comprehensive video resources. Consequently, XM Group is rated higher, securing a 5-star rating for education and a ranking of #7 among 62 brokers, compared to FxPro's 4-star rating and #17 ranking.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that XM Group is better than FxPro. XM Group finished with an overall rank of #17, while FxPro finished with an overall rank of #21.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 90 |
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Both XM Group and FxPro do not provide the service of purchasing actual delivered cryptocurrencies, but they do offer the option to trade cryptocurrency derivatives.
When comparing online brokers XM Group and FxPro, it's important to note that XM Group does not support ACH, SEPA transfers, or PayPal for fund transactions, while FxPro offers all these options; both brokers, however, provide Skrill, Visa, Mastercard, and bank wire services for deposits and withdrawals.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | XM Group | FxPro | |
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| Trust Score | 88 | 90 | |
| Winner | check_circle | ||
| Review | XM Group Review | FxPro Review |
| Broker Screenshots | XM Group | FxPro | |
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| Regulation | XM Group | FxPro | |
|---|---|---|---|
| Trust Score | 88 | 90 | |
| Year Founded | 2009 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | XM Group | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XM Group | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 2249 | |
| Forex Pairs (Total) | 55 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | XM Group | FxPro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.8 | 1.27 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | FxPro | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | XM Group | FxPro | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 6 | |
| Charting - Indicators / Studies (Total) | 30 | 53 | |
| Charting - Drawing Tools (Total) | 15 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XM Group | FxPro | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XM Group Review | FxPro Review |
| Overall | XM Group | FxPro | |
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| Trust Score | 88 | 90 | |
| Winner | check_circle | ||
| Review | XM Group Review | FxPro Review |
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