XM vs. FxPro

Page Summary

XM Group and FxPro are leading online brokers with versatile portfolios. XM is a popular MetaTrader broker with beginner-friendly services. It is a secure broker with licenses from the ASIC, FCA, CySEC, and IFSC. XM provides leading educational tools and market research data. We recommend it for beginner investors because of its comprehensive learning tools. 

FxPro is a trustworthy MetaTrader broker with many account tiers and execution methods. It offers both MT4 and MT5 suites with access to a valuable learning center. We recommend it for traders at all levels who want access to useful trading knowledge. 

This article discusses the advantages and disadvantages of XM Group and FxPro. 

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XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

FXPro logo

FXPro

Open account Read review

75.18% of retail CFD accounts lose money

BROKER COMPARISON

XM logo
FXPro logo

Overall rating

4,1/5

4,1/5

Overall rating

4,1/5

4,1/5

Trading Platform & Tools

3.9

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:888 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.1

3.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 $5
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.6 pips 1.1 pips
Stocks & ETF 0,1% – (min $5) 0
CFD (Gold) 3 pips 3.5 pips
Crypto 0
Options 0 0
Conversion Fees 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

3.1

See details
Minimum deposit (in UAE) $5 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.8

2.9

See details
Shares 100 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 55 70
CFD Indices & Funds 14 42
CFD Stocks 1286 2030
CFD Commodities 14 8
CFD Crypto 5 31
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Top findings from the Interactive Brokers vs. FxPro review:  

  1. XM Group is a trustworthy broker with top-tier licenses and beginner-friendly services. 
  2. FxPro is a safe broker with a valuable learning center. 
  3. Both brokers offer a virtual trading account to test their services. 

XM Group and FxPro are beginner-friendly online brokers with impressive trading experiences. Both offer access to easy-to-learn platforms and valuable learning tools. 

Level of experience  

XM Group provides the full MetaTrader experience with access to MT4 and MT5. It offers investor trading support, a virtual trading account, and a versatile portfolio. XM has many learning tools, including trading videos and materials. 

FxPro offers a dedicated learning center with webinars and beginner trading videos. It has insights from education leaders, including IG and FXCM. FxPro has beginner-friendly platforms and tools. 

Fees  

The minimum deposit fee at XM ranges between $5 and $100, depending on the brokerage account you choose. FxPro has a minimum deposit fee of $100. The average EUR/USD spread at XM is 1.6, while at FxPro is 1.51. 

Assets  

FxPro offers 70 forex currency pairs, while XM has 57 available pairs. XM has 1372 CFDs, while FxPro has 411 available CFDs. 

Trading platform  

XM Group offers the MT4 and MT5 suites, but it doesn’t have proprietary platforms. These suites are easy to learn and highly customizable. XM has a valuable research center with trading signals and articles. This broker offers diverse educational content, useful for beginner investors. 

FxPro has a proprietary web platform, FxPro Edge, and offers cTrader and MetaTrader. It has social trading tools and many learning materials. Its platforms are beginner-friendly and offer an excellent online trading experience. 

Banking services  

Banking services contribute to a convenient online trading experience. FxPro offers many funding solutions, including bank transfers, credit/debit cards, PayPal, and Skrill. XM has bank transfers, credit/debit cards, and Skrill. 

Final verdict  

XM and FxPro are leading brokerage firms with beginner-friendly services. Both have advantages and disadvantages, depending on your trading style and goals. Both brokers offer straightforward platforms with valuable learning materials. 

XM compared to other brokers:
XM review

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