Written by ForexBrokers.com
In this head to head comparison of FxPro vs Xtrade, 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.
Founded in 2006, FxPro stands out in the online trading world with a Trust Score of 90 from ForexBrokers.com, placing it in the highly trusted category. The broker is not publicly traded and does not operate as a bank, yet it holds two Tier-1 licenses and one Tier-2 license, which speaks to its credibility and reliability in the market. These licenses reflect a high level of regulatory oversight and client protection.
In comparison, Xtrade has been in operation since 2003 and holds a Trust Score of 74, considered average risk by ForexBrokers.com. Similar to FxPro, Xtrade is not publicly listed and isn't a bank. However, it has one Tier-1 license and one Tier-2 license, indicating a moderate level of trust. Although both brokers offer reliable services, FxPro edges ahead with its higher trust score and additional regulatory licenses.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Year Founded | 2006 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When evaluating commissions and fees for FxPro and Xtrade, there are notable differences that traders should consider. FxPro, although known for its range of platforms, including MT4, MT5, and cTrader, tends to have pricing that surpasses the industry average. This can be a drawback for traders when compared with peers like Pepperstone and IC Markets. FxPro offers both variable and fixed spread options on MT4 with different execution methods – instant execution without slippage but subject to requotes and market execution potentially facing slippage without requotes. Particularly, the cTrader platform at FxPro provides commission-based pricing with an effective spread for trading EUR/USD at approximately 1.27 pips, reflecting its average spread and commission cost. Unfortunately, that pricing still leaves FxPro ranked #32 out of 62 brokers for commissions and fees, earning it a 4-star rating.
In contrast, Xtrade struggles to stand out in the realm of commissions and fees. While specific average spread data for Xtrade is not available, it lags in its competitive edge compared to other industry participants. As a result, Xtrade finds itself positioned at the bottom of the rankings, coming in at #62 out of 62 brokers according to ForexBrokers.com, with a lower star rating of 2.5 out of 5. This disparity makes it challenging for Xtrade to compete favorably against brokers offering more attractive pricing structures.
Traders looking for competitive pricing structures may find FxPro's Active Trader program appealing due to potential discounts of up to 30%. However, even with these incentives, this program may not measure up to leading offerings from top-tier brokers such as FOREX.com, IG, and Saxo Bank. Understanding these differences is crucial for traders seeking the optimal combination of cost efficiency and platform selection in the world of online brokerage.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing online brokers FxPro and Xtrade for their range of investments, several key differences emerge that may sway traders one way or another. FxPro stands out with a significantly larger selection of tradeable symbols, offering 2,249 options compared to Xtrade's 482. Both platforms provide the ability to trade forex as CFDs, but FxPro provides access to 70 forex pairs, while Xtrade offers 56. While neither broker allows the purchase of exchange-traded securities on U.S. exchanges, FxPro does allow for investing in international exchange-traded securities, such as acquiring shares in Vodafone on the London Stock Exchange, which Xtrade does not.
Both brokers enable the trading of cryptocurrency derivatives, though neither offers the purchase of actual cryptocurrencies. When it comes to additional services, FxPro offers copy trading, unlike Xtrade. Reflecting their offerings, FxPro receives a rating of 4 stars for its range of investments, ranking 28th out of 62 brokers according to ForexBrokers.com. Xtrade, on the other hand, receives a slightly lower rating of 3.5 stars, standing at the 49th position. These differences could be crucial for investors deciding between the two platforms.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 482 |
| Forex Pairs (Total) | 70 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| 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 the trading platforms of FxPro and Xtrade, both brokers cater to traders with free virtual demo accounts and have developed their own proprietary platforms. FxPro stands out with its versatile offerings, providing both a Windows-based desktop download platform and a web-based platform. In contrast, Xtrade only offers a web-based platform. FxPro further distinguishes itself with support for popular third-party trading platforms like MetaTrader 4 and MetaTrader 5, both unavailable with Xtrade. Additionally, FxPro provides copy trading services, while Xtrade does not offer this feature.
In terms of trading tools, Xtrade surpasses FxPro with 100 drawing tools compared to FxPro's 25. Both brokers allow trading directly from charts, but FxPro includes a broader range of watch list columns with six fields, while Xtrade offers nine. In ratings, FxPro scores 4 out of 5 stars for its trading platforms and tools, while Xtrade is rated at 3.5 stars. According to ForexBrokers.com rankings, FxPro ranks #19 out of 62 brokers in the Trading Platforms and Tools category, whereas Xtrade comes in at #58, highlighting FxPro's superior standing in this domain.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | N/A |
| Charting - Drawing Tools (Total) | 25 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps offered by FxPro and Xtrade, both firms provide iPhone and Android apps, ensuring accessibility for traders on major mobile platforms. FxPro distinguishes itself with advanced features such as stock and forex price alerts and the ability to sync watchlists between its mobile app and online account. Additionally, FxPro's app includes 65 different technical studies for detailed chart analysis, offering tools for drawing trendlines and viewing multiple time frames, with auto-saving options for chart drawings. In contrast, Xtrade lacks several of these features, such as price alerts, watchlist syncing, and trendline drawing, which may limit its appeal for traders seeking in-depth market analysis and real-time tracking.
FxPro's app allows users to create watchlists with real-time quotes, adding to its comprehensive toolkit for traders on the go. Xtrade's app, however, doesn't support real-time watchlist creation, which could be a drawback for those looking to actively monitor the markets. In terms of user satisfaction, FxPro's mobile app receives a rating of 4.5 out of 5 stars, reflecting a positive reception from its users. Furthermore, ForexBrokers.com ranks FxPro at #15 out of 62 brokers in the mobile trading apps category, while Xtrade comes in at #53. This suggests that FxPro offers a more dynamic and user-friendly experience for mobile trading, making it a preferable choice for many traders.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
FxPro and Xtrade both provide daily market commentary and forex news from leading sources like Bloomberg and Reuters, ensuring traders have access to timely information. However, FxPro stands out by offering technical analysis tools from Trading Central, which Xtrade lacks. Additionally, FxPro includes a sentiment-based trading tool that reveals the ratio of long and short positions across markets, giving more insight into trading trends, unlike Xtrade, which does not offer this feature. Both brokers provide an economic calendar to keep users informed about important global events.
In terms of overall research ratings, FxPro earns a slightly higher score with 4 stars, compared to Xtrade’s 3.5 stars. As assessed by ForexBrokers.com, this puts FxPro at rank #27 out of 62 brokers in the research category, a notable leap ahead of Xtrade, which is ranked at #52. While both brokers cover fundamental market analysis, FxPro's added analytical tools and resources give traders an extra edge in building their strategies.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, FxPro offers a range of tools to help novice traders get started on their journey. With over 10 educational pieces focused on forex and CFDs, new traders will find plenty of content to explore. FxPro also provides a searchable archive of previously recorded webinars, allowing users to access valuable insights and tips at their convenience. For those just starting, FxPro delivers 10 beginner-focused videos covering essential trading topics. Additionally, the broker supports learning with an investor dictionary featuring definitions for over 50 investing terms. Overall, FxPro scores a solid 4-star rating for education, ranking 17th out of 62 brokers on ForexBrokers.com.
In comparison, Xtrade also offers educational resources, although it falls slightly behind FxPro in terms of variety and depth. Xtrade provides more than 10 educational pieces centered on forex and CFDs and includes an investor dictionary similar to FxPro's. However, the lack of a searchable archive of past webinars and a comprehensive library of beginner videos makes their offering less extensive for newcomers. Xtrade receives a 3.5-star rating for education and is ranked 46th by ForexBrokers.com, placing them further down the list compared to FxPro. While both brokers invest in education, FxPro provides a more accessible and beginner-friendly experience.
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FxPro is better than Xtrade. FxPro finished with an overall rank of #21, while Xtrade finished with an overall rank of #59.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 74 |
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Both FxPro and Xtrade do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
FxPro stands out as a more versatile online broker compared to Xtrade, offering a wider range of funding options by supporting ACH, SEPA, PayPal, Skrill, Visa, Mastercard, and bank wires for both deposits and withdrawals, while Xtrade offers Skrill, Visa, Mastercard, and bank wires only.
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 | FxPro | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | FxPro Review | Xtrade Review |
| Broker Screenshots | FxPro | Xtrade | |
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| Regulation | FxPro | Xtrade | |
|---|---|---|---|
| Trust Score | 90 | 74 | |
| Year Founded | 2006 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Yes | No | |
| 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) | FxPro | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 482 | |
| Forex Pairs (Total) | 70 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | FxPro | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 6 | 9 | |
| Charting - Indicators / Studies (Total) | 53 | N/A | |
| Charting - Drawing Tools (Total) | 25 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FxPro | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | FxPro | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | Xtrade | |
|---|---|---|---|
| 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 | FxPro Review | Xtrade Review |
| Overall | FxPro | Xtrade | |
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| Trust Score | 90 | 74 | |
| Winner | check_circle | ||
| Review | FxPro Review | Xtrade Review |
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