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Online Brokerage Comparison Tool

ForexBrokers.com

Written by ForexBrokers.com

Published July 15, 2022
Last modified August 25, 2022

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. Please note: to best support your experience, providers are displayed based on your geo location.

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Overall Rating expand_moreexpand_less XM Group
Overall Rating starstarstarstarstar_border
Commissions & Fees starstarstarstarstar_border
Offering of Investments starstarstarstarstar_border
Platform & Tools starstarstarstarstar_border
Mobile Trading starstarstarstarstar_border
Research starstarstarstarstar_border
Education starstarstarstarstar_border
Trust Score 90
Winner check_circle
Review XM Group Review
Regulation expand_moreexpand_less XM Group
Trust Score 90
Year Founded 2009
Publicly Traded (Listed) No
Bank No
Tier-1 Licenses 2
Tier-2 Licenses 1
Tier-3 Licenses 1
Authorised in European Union Yes
Tier-1 Licenses (High Trust) expand_moreexpand_less XM Group
ASIC Authorised (Australia) Yes
IIROC Authorised (Canada) No
SFC Authorised (Hong Kong) No
CBI Authorised (Ireland) No
FSA Authorised (Japan) No
MAS Authorised (Singapore) No
FINMA Authorised (Switzerland) No
FCA Authorised (U.K.) Yes
CFTC Registered (USA) Yes
FMA Authorised (New Zealand) No
Tier-2 Licenses (Average Trust) expand_moreexpand_less XM Group
CBRC Authorised (China) No
CySEC Authorised (Cyprus) Yes
NSE Authorised (India) No
ISA Authorised (Israel) No
CBR Authorised (Russia) No
FSCA Authorised (South Africa) No
SEC Authorised (Thailand) No
DFSA / Central Bank Authorised (UAE) No
Tier-3 Licenses (Low Trust) expand_moreexpand_less XM Group
SCB Authorised (Bahamas) No
IFSC Authorised (Belize) Yes
CIMA Authorised (Cayman Islands) No
BMA Authorised (Bermuda) No
FSC Authorised (British Virgin Islands) No
FSC Authorised (Mauritius) No
VFSC Authorised (Vanuatu) No
Investments expand_moreexpand_less XM Group
Forex Trading Yes
Trading - Forex or CFDs Yes
Tradeable Symbols (Total) 1372
Forex Pairs (Total) 57
U.S. Stock Trading (Non CFD) Yes
Int'l Stock Trading (Non CFD) Yes
Social Trading / Copy Trading Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost expand_moreexpand_less XM Group
Average Spread EUR/USD - Standard 1.6 (Aug 2020)
All-in Cost EUR/USD - Active 0.8 (Aug 2021)
Active Trader or VIP Discounts No
Execution: Agency Broker No
Execution: Market Maker Yes
Funding expand_moreexpand_less XM Group
Minimum Initial Deposit $5
Bank Wire (Deposit/Withdraw) Yes
Visa/Mastercard (Credit/Debit) Yes
PayPal (Deposit/Withdraw) No
Skrill (Deposit/Withdraw) Yes
Trading Platforms expand_moreexpand_less XM Group
Proprietary Platform No
Desktop Platform (Windows) Yes
Web Platform Yes
Social Trading / Copy Trading Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
cTrader No
DupliTrade No
ZuluTrade No
Trading Tools expand_moreexpand_less XM Group
Virtual Trading (Demo) Yes
Alerts - Basic Fields Yes
Watchlists - Total Fields 7
Charting - Indicators / Studies (Total) 30
Charting - Drawing Tools (Total) 15
Charting - Trade From Chart Yes
Charts can be saved Yes
Mobile Trading expand_moreexpand_less XM Group
Android App Yes
Apple iOS App Yes
Mobile Alerts - Basic Fields Yes
Mobile Watchlist Yes
Watchlist Syncing Yes
Mobile Charting - Indicators / Studies 30
Mobile Charting - Draw Trendlines Yes
Mobile Charting - Multiple Time Frames Yes
Mobile Charting - Drawings Autosave No
Forex Calendar Yes
Research expand_moreexpand_less XM Group
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Autochartist Yes
Trading Central (Recognia) Yes
Social Sentiment - Currency Pairs Yes
Economic Calendar Yes
Education expand_moreexpand_less XM Group
Has Education - Forex or CFDs Yes
Client Webinars Yes
Client Webinars (Archived) No
Videos - Beginner Trading Videos Yes
Videos - Advanced Trading Videos Yes
Investor Dictionary (Glossary) No
Major Forex Pairs expand_moreexpand_less XM Group
GBP/USD Yes
USD/JPY Yes
EUR/USD Yes
USD/CHF Yes
USD/CAD Yes
NZD/USD Yes
AUD/USD Yes
Review XM Group Review
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