XM Group EUR/USD Spread Compared to Top Competitors



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Your location is United States
The average spread for the EUR/USD across more than 200 brokers that offer ECN and Raw Spread accounts showed it is 0.17 pips. The average spread of XM Group for the EUR/USD currency pair is 0,2, which corresponds to a High level
How Does XM Group EUR/USD Spread Compare to top Competitors?
The average EUR/USD spread among over 200 researched Forex brokers on ECN accounts is 0.17 pips All spreads mentioned are based on the analysis of publicly available sources and data provided by the brokers. . We also compared the spreads and per-lot fees of XM Group with top competitors that accept clients from your country.
XM Group | Plus500 | Pepperstone | |
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EUR/USD | 0,2 | 0,1 | |
GBP/USD | 0,2 | 0,15 | |
ECN commission (per lot) | 3,5 | 3 | |
Supported Currency pairs | 57 | 60 | 90 |
Open an account Your capital is at risk. |
Open an account Your capital is at risk. |
Open an account Your capital is at risk.
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What Other Fees Does XM Group Charge?
We also compared the spreads of XM Group on Standard account types with those of competitors, as well as non-trading fees such as inactivity fees and withdrawal fees.
XM Group | Plus500 | Pepperstone | |
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EUR/USD, min pips | 0,7 | 0,5 | 0,5 |
EUR/USD, max pips | 1,2 | 0,9 | 1,5 |
GBP/USD, min pips | 0,6 | 0,5 | 0,4 |
GBP/USD, max pips | 1,2 | 1,0 | 1,4 |
XM Group | Plus500 | Pepperstone | |
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Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0 |
Inactivity fee, $ | 10 | 10 | 0 |
XM Group ECN/Raw Spread Account vs Standard Account: Where is the Lower Spread?
According to calculations by Traders Union based on the analysis of over 300 brokers, the average cost of executing a trade of 1 standard lot of EUR/USD on an ECN/RAW account, including spread and commission, is $5.20. In contrast, the average spread on a Standard account is 0.8 pips, which is equivalent to $8 per lot. It is also worth noting that ECN/RAW accounts generally offer faster order execution and allow trading with bots, making them more suitable for active traders.
The average XM Group EUR/USD spread is 0,2, which equal to 2$, plus you will need to pay a commission per lot of ECN 3,5$. XM Group Standard account spread is 0,7, which equal to 0,2; however, there is no extra commission to pay in this case.
What Other Factors Directly Affect XM Group EUR/USD Spread?
Several factors directly impact XM Group the overall cost of executing trades in EUR/USD, beyond just the average spread. Here are some key considerations:
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Liquidity and Daily Turnover:
Higher liquidity and larger daily turnover generally result in tighter spreads and better trade execution. Brokers with higher liquidity can offer more competitive pricing and faster order execution, which is crucial for active traders.
Top 3 Forex Brokers by Trading Turnover Average Daily Turnover for All Currency Pairs $B IC Markets 29 Open an account Your capital is at risk.Saxo Bank 20,01 Open an account Your capital is at risk.StoneX 18,6 -
XM Group Order Execution Speed:
Faster order execution reduces the likelihood of slippage, ensuring that trades are executed at the expected prices. This is especially important for scalpers and high-frequency traders. Typically, order execution speed is better on ECN accounts. XM Group is an ECN forex broker, which means it offers high.
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Time of Day:
- Best Times to Trade EUR/USD is Peak Activity: 8:00 AM to 12:00 PM EST (1:00 PM to 5:00 PM GMT). During the overlap of the London and New York sessions, liquidity is highest and spreads are usually the tightest.
- Worst Times to Trade EUR/USD: 5:00 PM to 10:00 PM EST (10:00 PM to 3:00 AM GMT). Spreads widen during this period due to low liquidity when major markets are closed.
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Commission Fees
In addition to spreads, commission fees per trade can significantly impact the total cost. ECN/RAW accounts often charge a commission per lot, which needs to be factored into the overall trading cost.
XM Group Commison Per Lot is 3,5$
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Non-Trading Fees:
Inactivity fees, withdrawal fees, and other non-trading charges can add up and impact your overall profitability. It is essential to review all potential fees associated with the broker.
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VPS (Virtual Private Server) Services:
Utilizing a VPS can enhance your trading by providing a stable and high-speed internet connection, reducing latency and potential slippage. This is particularly beneficial for automated trading systems and high-frequency traders, as it ensures your trades are executed as quickly as possible, minimizing execution costs.
XM Group Extra Services For Active Traders Vs Competitors XM Group Plus500 Pepperstone Free VPS No No Yes API Yes No Yes Signals (alerts) Yes Yes Yes TradingView integration No Yes Yes Trading bots (EAs) Yes Yes Yes Scalping Yes Yes Yes One click trading Yes Yes Yes
XM Group Regulation and Other Important Trading Conditions
Regulation | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius) |
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Minimum deposit | from $5 |
Trading platform | МТ4, МТ5 (desktop, web, and mobile versions), and XM App for smartphones and tablets |
Accounts | Ultra Low, Zero |
Account currency | EUR, USD, GBP, JPY - depending on the XM entity |
Replenishment / Withdrawal | Credit/ Debit cards, Skrill, Neteller, International Wire Transfer, Online Bank Transfer, Perfect Money, Apple Pay and Google Pay |
Trading features | There are Islamic accounts; It is possible to connect to the MQL5 trading services. |
Instruments | Forex,and CFDs on Stocks, Commodities, Equity Indices, Precious Metals, Energies, Cryptocurrencies, Turbo Stocks, Shares, Thematic Indices - these might differ between the XM entities |
Can I Copy Trade EUR/USD at XM Group?
Yes, you can copy trade EUR/USD at XM Group. Copy trading allows you to automatically replicate the trades of successful traders on the platform, offering a convenient way to benefit from their expertise without needing to actively manage your trades. This is especially useful for beginners or those with limited time, as it enables access to professional strategies while trading one of the most liquid currency pairs in the market.