Menu
Policy and Terms What is InvestinGoal

InvestinGoal » Best Online Brokers » Compare Brokers » FxPro vs XM

FxPro vs XM: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD/FX trading

FxPro is better than XM for CFD trading by a small margin, because it has cTrader, TradingView and a proprietary trading platform, more tradable symbols (2,100 against 1,400) and faster execution (13 ms against 66 ms). XM, on the other hand, has a lower EUR/USD cost (10.00 USD per lot against 12.80 USD) and more account base currencies (10 against 7). FxPro is regulated by CySEC and the FCA, with an offshore company regulated by the SCB (Bahamas). XM is regulated by CySEC, the DFSA, the CMA (Kenya) and the FSCA, with an offshore company regulated by the FSC (Belize). FxPro and XM both offer a demo account. FxPro asks for no minimum deposit at any of its companies, while XM asks for 5.00 USD at all of its companies. FxPro offers crypto CFDs except at its UK company, while XM offers them at its South African and offshore companies.

Best overall

FxPro

CFDCFD FxPro offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX FxPro offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
FxPro review ›
86CFD/FXOverall score FxPro scores 86/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

72.87% of retail investor accounts lose money when trading CFDs with this provider.

XM

CFDCFD XM offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX XM offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
XM review ›
79CFD/FXOverall score XM scores 79/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

75.12% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders FxPro and XM are best suited to, based on what each one actually offers in .
1 / 12

FxPro is better than XM for professional traders, high-volume traders and crypto traders. Both are a good fit for scalpers, swing traders and news traders.

Best for
Overall score FxPro 86 Best XM 79 -7
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

What we compare A comparison between the financial authorities that supervise FxPro and the ones that supervise XM.
2 / 12

FxPro and XM are both regulated by top-tier authorities, FxPro by CySEC and the FCA (United Kingdom) and XM by CySEC.

Regulation
Section score FxPro 100 Best XM 90 -10
Tier-1 regulators
ESMA (European Union) i CySEC (Cyprus) CySEC (Cyprus)
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

What we compare A comparison of the tools and services that FxPro and XM have in place to protect your money in .
3 / 12

Both FxPro and XM offer segregated client funds and an investor compensation scheme. FxPro also offers additional money insurance.

Safety
Section score FxPro 87 Best XM 78 -9
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2006 2009
Parent company i FxPro Group Limited Trading Point Holdings
CEO i Charalambos Psimolophitis Tasos Anastasiou
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i Barclays, Julius Baer, Royal Bank of Scotland N/A
Brand power
Number of customers worldwide i 2,180,000 20,000,000
Annual revenue i USD 900,000 USD 1,000,000,000
Monthly website search traffic i 323.9K monthly visits

Costs

What we compare A comparison of what it costs to trade with FxPro and with XM in , both on each trade and on holding the account.
4 / 12

XM is better than FxPro for costs, given that XM is cheaper on EUR/USD, at 10 USD per lot (against FxPro's 12.8 USD), has tighter S&P 500 CFD spreads, at 0.6 points (against FxPro's 0.85 points), and has tighter gold CFD spreads, at 0.3 points (against FxPro's 0.34 points). Neither FxPro nor XM charges account maintenance fees or deposit fees.

Costs
Section score FxPro 40 -17 XM 57 Best
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i USD 7 USD 7
EUR/USD average standard spread i
1.43 pips
1.1 pips
EUR/USD average raw spread i
0.43 pips
0.2 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 12.8 USD 10
S&P 500 fees (CFD) i 0.85 points 0.6 points
Gold fees (CFD) i 0.34 points 0.3 points
Bitcoin fees (CFD) i USD 15.74
US stocks fees (CFD) i Free Free
Fees on stocks
Stock fee type i Spread Spread
US stocks fees (real) i
ETF fees (real) i
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i
Platform fees i
Fees on options
Options fees per contract i
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

What we compare A comparison of the markets and products you can trade with FxPro and with XM in , and of how many instruments each one gives access to.
5 / 12

FxPro and XM are close on available markets. Both FxPro and XM offer CFDs on commodities, ETFs, forex, indices and stocks. FxPro goes a step further, as it offers CFDs on crypto, and gives access to 2,100 tradable symbols (against XM's 1,400).

Available markets
Section score FxPro 75 XM 75
Total tradable symbols i 2,100 1,400
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Crypto, ETF, Forex, Indices, Stocks Commodities, ETF, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i

Platform

What we compare A comparison of the trading platforms that FxPro and XM make available to their clients in .
6 / 12

FxPro is better than XM for platforms, given that FxPro offers a proprietary platform, cTrader and TradingView, which XM does not. FxPro and XM both offer MetaTrader 5 and MetaTrader 4.

Platform
Section score FxPro 94 Best XM 63 -31
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

What we compare A comparison of the mobile apps of FxPro and XM in , and of what each one lets you do from your phone.
7 / 12

FxPro is better than XM for mobile trading, given that FxPro offers the cTrader app, a social trading app and a copy trading app, which XM does not. FxPro and XM both offer a proprietary mobile app and the MetaTrader 5 app.

Mobile
Section score FxPro 100 Best XM 86 -14
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

What we compare A comparison of the trading tools and strategies that FxPro and XM allow on their platforms in .
8 / 12

FxPro is better than XM for trading features, since FxPro executes orders faster, within 13 ms (against XM's 66 ms), and offers guaranteed stop losses, which XM does not. Both FxPro and XM offer negative balance protection and trailing stops.

Trading features
Section score FxPro 93 Best XM 87 -6
Trade execution
Broker type i NDD Agency
Average execution time i 13 ms 66 ms
Slippage occurrence i 9%
Requotes occurrence i 0% 0%
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1About this value. This is the major fx pairs leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 200:1 (other accepted countries), 30:1 (the UK). 30:1About this value. This is the major fx pairs leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 400:1 (Kenya), 30:1 (the UAE), 1000:1 (other accepted countries, South Africa).
Minor/Exotic FX pairs leverage i 20:1About this value. This is the minor/exotic fx pairs leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 500:1 (other accepted countries), 20:1 (the UK). 20:1About this value. This is the minor/exotic fx pairs leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 400:1 (Kenya), 20:1 (the UAE), 1000:1 (other accepted countries, South Africa).
Major indices leverage i 20:1About this value. This is the major indices leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 200:1 (other accepted countries), 20:1 (the UK). 20:1About this value. This is the major indices leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 400:1 (Kenya), 20:1 (the UAE), 500:1 (other accepted countries, South Africa).
Minor indices leverage i 10:1About this value. This is the minor indices leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 200:1 (other accepted countries), 10:1 (the UK). 10:1About this value. This is the minor indices leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 250:1 (Kenya, other accepted countries, South Africa), 10:1 (the UAE).
Gold leverage i 20:1About this value. This is the gold leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 200:1 (other accepted countries), 20:1 (the UK). 20:1About this value. This is the gold leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 400:1 (Kenya), 20:1 (the UAE), 1000:1 (other accepted countries, South Africa).
Commodities leverage i 10:1About this value. This is the commodities leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 200:1 (other accepted countries), 10:1 (the UK). 10:1About this value. This is the commodities leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 400:1 (Kenya, other accepted countries, South Africa), 10:1 (the UAE).
Equities leverage i 5:1About this value. This is the equities leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 25:1 (other accepted countries), 5:1 (the UK). 5:1About this value. This is the equities leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 20:1 (Kenya, other accepted countries, South Africa), 5:1 (the UAE).
Cryptocurrency leverage i 2:1About this value. This is the cryptocurrency leverage at FxPro Financial Services Limited (CySEC). At FxPro's other companies: 20:1 (other accepted countries). 2:1About this value. This is the cryptocurrency leverage at Trading Point of Financial Instruments Ltd (CySEC). At XM's other companies: 2:1 (the UAE), 1000:1 (other accepted countries, South Africa).
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 0 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

What we compare A comparison of the kinds of account you can open at FxPro and at XM in , and of who each one is meant for.
9 / 12

FxPro is better than XM for account types, because FxPro offers a professional traders account, an ECN account and a copy trading account, which XM does not. FxPro and XM both offer a demo account and a corporate account.

Account types
Section score FxPro 95 Best XM 64 -31
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

What we compare A comparison of what it takes to open and fund an account with FxPro and with XM in .
10 / 12

XM is better than FxPro for account opening, because XM offers 10 account base currencies (against FxPro's 7), and credits deposits faster, within the same day (against FxPro's 1 day). However, FxPro does not require a minimum deposit at all (against XM's 5 USD).

Account opening
Section score FxPro 85 -5 XM 90 Best
Minimum deposit i USD 0 USD 5
Minimum withdrawal i USD 0 USD 5
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPal, Neteller, Skrill Neteller, Skrill
Local payment methods i
Account base currencies i AUD, CHF, EUR, GBP, JPY, PLN, USD AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR
Deposit waiting time i up to 1 business days Instant
Withdrawal waiting time i up to 1 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of FxPro and XM in , in how it can be reached and how fast it answers.
11 / 12

FxPro is better than XM for customer care, because FxPro has a website in 24 languages (against XM's 19), and offers priority support and call-back requests, which XM does not. FxPro and XM both offer a dedicated account manager and phone support.

Customer care
Section score FxPro 91 Best XM 78 -13
Number of languages supported i 24 20
Website languages i Arabic, Czech, Danish, German, English, Estonian, Finnish, French, Croatian, Hungarian, Indonesian, Italian, Korean, Lithuanian, Malay, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Urdu, Vietnamese, Chinese Arabic, Czech, German, Greek, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Tagalog, Thai, Vietnamese, Chinese
Website available in English i
Customer support languages i Arabic, Czech, German, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese, Chinese Arabic, Czech, German, Greek, English, French, Hindi, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Tagalog, Thai, Vietnamese, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

What we compare A comparison of the educational material that FxPro and XM provide to their clients in .
12 / 12

FxPro and XM are equally good for learning, since FxPro offers professional reports while XM offers webinars. Both FxPro and XM offer education for advanced traders and education for beginners.

Learning
Section score FxPro 88 XM 88
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
FxPro
Open Account 72.87% of retail investor accounts lose money when trading CFDs with this provider.
XM
Open Account 75.12% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

FxPro vs XM: which one should you choose?

FxPro

CFD/FX Choose FxPro if you want a forex broker with cTrader, TradingView and fast execution.

Open Account 72.87% of retail investor accounts lose money when trading CFDs with this provider.
XM

CFD/FX Choose XM if you want an online CFD broker with a range of account base currencies.

Open Account 75.12% of retail investor accounts lose money when trading CFDs with this provider.

Other popular comparisons

Below are other head-to-head comparisons that include FxPro or XM, each scored with the same data and method as this page.

FxPro vs Oanda Oanda vs XM eToro vs FxPro Roboforex vs XM FxPro vs IG Markets AvaTrade vs XM

Select your language

Offers shown for visitors in: