FxPro vs XM - Fees Review included
Which broker is better FxPro or XM? Our expert assessment conducted according to TU’s own methodology showed that FxPro is one of the top brokers in the financial market with the TU Overall Score of 7.9 out of 10. XM is one of the top brokers in the financial market with the TU Overall Score of 9 out of 10. Find out more about TU Overall Score.
| Feature | FxPro | XM |
|---|---|---|
Overall |
4.6 |
4.5 |
5 |
4.9 |
|
3.9 |
4.3 |
|
4.6 |
4.4 |
|
Investment Instruments |
4.9 |
4.4 |
Platforms and Charting Tools |
4.2 |
4.6 |
Deposit and Withdrawal |
4.5 |
4.7 |
Research |
4.7 |
5 |
Education |
4.6 |
5 |
Support |
4.5 |
4.6 |
Bonuses |
2.5 |
5 |
|
|
|
FxPro vs XM: Pros and Cons
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
XM Broker was founded in 2009. Initially, the company covered a narrow niche of the trader market, specializing exclusively in intermediary services at the foreign exchange market. It has since experienced considerable success and growth. XM is reliable and safe. It has diversified and is now an international broker operating in almost 190 countries around the world. For over a decade XM Broker has attracted 3,5 million traders, offering unique technological solutions. The company is now being recognised as the Fastest Growing Broker, the Best Forex Service Provider and various other contributing achievements. The team at XM Broker is committed to continually working hard to improve the quality of the services provided every year as they are committed to continually providing the best service to their traders.
| FxPro | XM | |
|---|---|---|
| Overall Pros | Regulated in EU and Great Britain | Well-Regulated broker |
| Big choice of ECN/STP accounts | Strong research tools | |
| insurance of client funds | Strong education | |
| Strong research and education | Big Forex bonuses | |
| PAMM and Copy-trading for investors | Free deposit and withdrawal | |
| Personal offers for VIP-clients | Instant withdrawal | |
| 1000+ trading assets | ||
| Overall Cons | High spreads and fees | High spreads |
| No forex bonuses |
FxPro vs XM: Safety and Regulation
| FxPro | XM | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
£85,000 €20,000 |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
Yes |
FxPro vs XM: Trading Conditions
| Trading Conditions | FxPro | XM |
|---|---|---|
Minimum Deposit |
$100 |
$5 |
Trading Platforms |
MT4, MT5, MultiTerminal |
MT4, MT5 |
Max Leverage (Futures) |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
1:888, 1:30 (for EU, UK clients) |
Supported Markets |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
Forex, CFDs on indices, commodities, crypto, metals, stocks |
Trading assets |
3000+ |
1300+ |
Trading Accounts |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Micro, Standard, Ultra Low, Zero |
Base Account Currencies |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
FxPro vs XM: Fees
| FxPro | XM | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,9 |
0,7 |
Standard acc. spread EUR/USD, max pips |
1,7 |
1,2 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,2 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
15 |
10 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FxPro vs XM: Trading Assets
| Asset Name | FxPro | XM |
|---|---|---|
Overall |
3000+ trading assets |
1300+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FxPro or XM: Investment Programs
| Asset Name | FxPro | XM |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: XM or FxPro
| FxPro | XM | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
FxPro |
No |
Others |
No |
No |
|
|
|
FxPro vs XM: Deposit and Withdrawal Methods
| FxPro | XM | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FxPro vs XM: Research
| Research Type | FxPro | XM |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
FxPro vs XM: Education
| Education Type | FxPro | XM |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
XM vs FxPro: Support
| Support Features | FxPro | XM |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
FxPro vs XM: Forex Bonuses and Promo
| Promo | FxPro | XM |
|---|---|---|
Forex Bonus |
Not offered |
up to $5000 forex bonus, up to 100% forex deposit bonus |
Affiliate Program |
Up to $1.100 per client you introduce to FxPro |
Multi tier affiliate program |
Other Promos |
||
|
|
|
Top 5 Reviews on XM
-
Comment
Account setup was quick and simple. I choose their MT4 trading app and can say it works pretty well. The execution speed is solid, and the spreads on the standard account are within the standards. Overall it’s been a solid experience and must say that the service here is great…
-
Comment
I discovered XM Group because of their trade copying program through MQL5. It’s very convenient for beginners: the service is integrated into MetaTrader, allowing automatic copying of top traders’ deals. I’m subscribed to one ranked trader myself — the results have been positive for three consecutive months, with an average monthly return of 8–12% at moderate risk. I paid a fixed commission for copying, and after a month, I can opt out — very convenient.
-
Comment
It’s a cool broker and it works really well especially because the support are helpful, professional and available 24/7.
-
Comment
I discovered XM Group through the Traders Union rankings — the company ranked among the top brokers. I was impressed by the range of instruments: over 1,000 tradable assets, including 55+ currency pairs, stocks, indices, commodities, and even palladium and platinum. Spreads are very tight, with no markup on most pairs. I especially appreciated the execution speed: 99.35% of orders are filled in less than a second, and I can confirm that personally — I haven’t experienced any delays or requotes. Over the past four months, I’ve made around $700 trading currencies and commodities.
-
Comment
I've been trading with XM Group for just over a year. I chose this broker based on reviews and the fact that it holds multiple licenses — ASIC, CySEC, FSC, and DFSA. I really liked the low minimum deposit of just $5, which meant I didn’t have to risk a large amount. I started with a micro account where 1 lot equals 1,000 units — perfect for beginners. I’m satisfied with the spreads: on EUR/USD they start from 0.8 pips, and there are no fees for deposits or withdrawals, which is quite rare. Over the year, I’ve withdrawn about $900 in profit — the funds arrived quickly, with a maximum wait of 2 days.
Top 5 Reviews on FxPro
-
Comment
stocks trading with my MT bot, idk why but he is doing a lot better here.
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
-
Comment
Access to MT4, MT5, and cTrader platforms is a plus. It's convenient to choose between fixed and floating spreads, especially if your strategy requires stable conditions. The company’s capital exceeds €100 million, which inspires trust. However, the broker does not offer PAMM accounts or investment services, so it’s not suitable for passive income.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.