Side-by-side
FxPro vs XM Group
Both FxPro and XM Group are licensed brokers — but each is stronger in different areas. We compare spreads and commissions, regulators and licences, leverage and trading platforms.
In short. Choose FxPro if you are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker. Choose XM Group if you want the lowest-friction entry in our list — $5 minimum deposit.
Pros and cons
FxPro
Pros
- ✓Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history
- ✓cTrader / Raw: ~0.3 typical spread + $7 round-turn ≈ $10/lot — transparent ECN pricing
Cons
- ✕MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
- ✕FCA entity only for UK clients; non-UK retail routes to CySEC or offshore SCB
- ✕Inactivity fee $15/month after 6 months of inactivity
- ✕Does not accept US, Iran, or Canada residents (broker states other restrictions exist but does not enumerate)
XM Group
Pros
- ✓$5 minimum makes starting cheap
- ✓Well-made educational content for beginners
Cons
- ✕Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
- ✕Inactivity fee ~$5/month after extended inactivity
- ✕EU retail routed to stricter CySEC branch; XM Global offshore entity handles higher-leverage non-EU flow
- ✕Does not accept US, Canada, Israel, or Iran residents (broker states other restrictions exist but does not enumerate)
Who should choose which
Choose FxPro if:
- ✓You are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
- ✓You day-trade or scalp and open a cTrader or Raw Spread account — ~$10/lot round-turn is competitive with ECN-focused peers
- ✓You want native-currency settlement in CHF, PLN, AUD, or ZAR — the widest fiat-wallet range in our list
- ✓You have $100+ to start and value operating history (20 years, publicly-listed parent)
- ✓You want crypto funding (BTC, ETH, USDT) alongside cards and bank transfers
Choose XM Group if:
- ✓You want the lowest-friction entry in our list — $5 minimum deposit
- ✓You use payment methods other brokers charge fees on — XM's "no-fees" policy covers most card and e-wallet provider charges
- ✓You're in AU retail and want ASIC + CySEC double cover
- ✓You're a beginner who values broker-provided educational content as part of the onboarding
- ✓You need Western Union or MoneyGram funding — rare support among our brokers
FxPro vs XM Group comparison: fees, licences, platforms
Verdict at a glance
FxPro leads
- FxPro
- ahead on 3 dimensions
- XM Group
- ahead on 2 dimensions
Cost per lot
FxPro: $10.00/lot, XM Group: $13.00/lot. Lower at FxPro.
Minimum deposit
FxPro: $100, XM Group: $5. Smaller minimum at XM Group.
Maximum leverage
FxPro: 1:500, XM Group: 1:1000. Higher leverage at XM Group.
Regulator and licence
FxPro: FCA, CySEC, SCB, FSCA, XM Group: ASIC, CySEC, IFSC. Stronger licensing at FxPro.
Trading platforms
FxPro: MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge, XM Group: MetaTrader 4, MetaTrader 5, Web Trader. Wider platform choice at FxPro.
Frequently asked
Which is better — FxPro or XM Group?+
Across our 5 dimensions: FxPro leads in 3, XM Group in 2, ties: 0. Overall verdict: FxPro. Full breakdown below.
Which broker has lower fees?+
Cost-per-lot in our calculation: FxPro — $10.00, XM Group — $13.00. Lower at FxPro.
Which is better for beginners?+
Minimum deposit: FxPro — $100, XM Group — $5. Easier onboarding at XM Group.
What trading platforms do they offer?+
FxPro: MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge. XM Group: MetaTrader 4, MetaTrader 5, Web Trader.
Who regulates each broker?+
FxPro: FCA, CySEC, SCB, FSCA. XM Group: ASIC, CySEC, IFSC.
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Tracked byIndependent review teamUpdated