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 (founded 2009) and FxPro (founded 2006) are online brokers that are not publicly traded. XM Group is not a bank, while FxPro is a bank.
Both brokers hold a ForexBrokers.com Trust Score of 93/99, which is considered highly trusted (90–99). XM Group lists 4 Tier-1 licenses and 3 Tier-2 licenses, while FxPro holds 2 Tier-1 and 1 Tier-2. For context, ForexBrokers.com classifies 80–89 as trusted, 70–79 average risk, 60–69 high risk, and under 59 should not be trusted.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Year Founded | 2009 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | Yes |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing XM Group and FxPro on commissions and fees, both brokers have room for improvement, but FxPro comes out slightly ahead overall. XM Group is rated 3.5 out of 5 stars and ranks #34 out of 36 for commissions and fees, while FxPro earns 4 out of 5 stars and ranks #29 out of 36. XM Group’s standard account spreads are considered expensive, and it does not publish average spread data for its commission-based XM Zero account, which makes pricing less transparent for traders.
FxPro’s pricing is also above the industry average, so it is not the cheapest option either. On its cTrader platform, FxPro offers commission-based pricing with its most competitive spreads, and its effective EUR/USD cost is about 1.27 pips after factoring in commission. On MT4 and MT5, FxPro’s variable spreads are higher, with EUR/USD spreads around 1.58 pips on market execution accounts and 1.71 pips on instant execution accounts, based on the broker’s August 2020 data.
For traders focused on lower trading costs, neither broker is a top pick compared with low-cost leaders like Pepperstone or IC Markets. Still, FxPro has a slight edge thanks to its clearer pricing options on cTrader and its Active Trader program, which can cut costs by up to 30% for eligible clients. XM Group remains less competitive on price, especially for standard accounts, making FxPro the stronger choice of the two for commissions and fees.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average spread (EUR/USD) - Standard account | 2 | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group and FxPro both give traders access to forex as CFDs, and each also offers copy trading plus cryptocurrency CFDs, though neither lets clients buy actual delivered crypto. When it comes to shares, both brokers provide exchange traded securities on international exchanges, but only XM Group also offers exchange traded securities on U.S. exchanges such as Apple stock. In simple terms, XM Group gives investors a wider mix of markets, especially if U.S. shares matter to you.
That wider choice is reflected in the numbers. XM Group lists 1,429 tradeable symbols and 55 forex pairs, while FxPro offers 2,249 tradeable symbols and 70 forex pairs. Even so, XM Group receives a higher range of investments score at 4.5 out of 5, compared with 4 out of 5 for FxPro, and it ranks higher in ForexBrokers.com’s category review at #19 out of 36 brokers versus FxPro at #24.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1429 | 2249 |
| Forex Pairs (Total) | 55 | 70 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
XM Group and FxPro both give traders a wide range of platform choices, including free demo accounts, Windows desktop downloads, web-based trading, MetaTrader 4, MetaTrader 5, copy trading, and the ability to place trades directly from a chart. This means both brokers make it easy for beginners to practice before risking real money, while also giving active traders the familiar tools they may already know from MetaTrader.
The main difference is that FxPro also offers its own in-house trading platform, while XM Group does not. Both brokers are rated 4 out of 5 stars for trading platforms and tools, but FxPro is ranked higher by ForexBrokers.com in this category, placing #18 out of 36 brokers compared with XM Group’s #27 ranking. For traders who want the extra option of a proprietary platform, FxPro has the edge, while XM Group still covers the core platform needs well.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and FxPro both offer mobile trading apps for iPhone and Android, so traders can manage accounts on either platform from a phone or tablet. Each app also includes price alerts, watchlist syncing with the online account, and the ability to draw trendlines on charts. In these everyday features, the two brokers are closely matched and both cover the basics well for mobile trading.
The main difference is in charting and overall app performance. FxPro gives mobile users 65 technical studies, compared with 30 at XM Group, and it also auto-saves chart drawings, which XM Group does not. That extra convenience helps explain why FxPro earns a higher mobile app rating, at 4.5 out of 5 stars versus 4 out of 5 for XM Group, and a better ForexBrokers.com ranking of #15 out of 36 compared with XM Group’s #26.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
XM Group and FxPro both give traders a solid set of market research tools. Each broker provides daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, a Trading Central tool for technical analysis, sentiment data showing long and short positions, and an economic calendar with key global events. Neither broker offers Autochartist, TipRanks, or Acuity Trading research tools, so their research lineups are closely matched in the areas most everyday traders use.
That said, XM Group has the edge in independent ratings and ranking. It earned 5 stars for Research and placed #8 out of 36 brokers in ForexBrokers.com’s Research category, while FxPro received 4 stars and ranked #23 out of 36. For traders comparing online brokers mainly on market research, XM Group comes out ahead, even though FxPro still offers many of the same useful research features.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning support, XM Group stands out over FxPro in education. XM Group offers forex and CFDs education, hosts online educational webinars at least once a month, and provides 10 or more beginner and advanced trading videos. That wide mix of lessons and live sessions makes it easier for new traders to learn the basics and keep building their skills over time. It is also rated 5 stars for Education and ranks #5 out of 36 brokers by ForexBrokers.com in this category.
FxPro also gives beginners useful learning material, including 10 or more beginner trading videos and forex or CFDs education content, but it falls behind XM Group in a few key areas. FxPro does not offer monthly educational webinars and does not provide 10 or more advanced educational videos. Its Education rating is 4 stars, and it ranks #17 out of 36 brokers, so while it can still help new traders get started, XM Group offers a stronger overall education package.
| Feature |
XM Group
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 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 #16, while FxPro finished with an overall rank of #20.
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 | 93 | 93 |
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XM Group vs FxPro: neither broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Compared with XM Group, which supports Skrill and bank wire transfers but not ACH/SEPA or PayPal, FxPro offers broader deposit and withdrawal options including ACH/SEPA, PayPal, Skrill, and bank wire transfers.
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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | XM Group Review | FxPro Review |
| Broker Screenshots | XM Group | FxPro | |
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| Regulation | XM Group | FxPro | |
|---|---|---|---|
| Trust Score | 93 | 93 | |
| Year Founded | 2009 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 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 (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XM Group | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1429 | 2249 | |
| Forex Pairs (Total) | 55 | 70 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 2 | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XM Group | FxPro | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XM Group | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | XM Group | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 53 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XM Group | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XM Group | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XM Group Review | FxPro Review |
| Overall | XM Group | FxPro | |
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| Trust Score | 93 | 93 | |
| Winner | check_circle | ||
| Review | XM Group Review | FxPro Review |
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