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XM Group vs Alpari 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of XM Group vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 88
  • Tradeable Symbols (Total): 1394
Alpari
3.5/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 68
  • Tradeable Symbols (Total): 105

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

Founded in 2009, XM Group stands out in the online brokerage world with its commitment to trust and security. Despite not being a publicly traded company or a bank, XM Group holds an impressive four Tier-1 licenses and one Tier-2 license. With a ForexBrokers.com Trust Score of 88, XM Group is deemed to be in the 'trusted' category. This reflects its considerable reliability and security in the industry.

In comparison, Alpari, established in 1998, also operates as a private company and is not a bank. However, it doesn't hold any Tier-1 or Tier-2 licenses, which affects its perceived safety. With a Trust Score of 68, Alpari is categorized as a 'high risk' broker according to ForexBrokers.com standards, indicating a lower level of trust compared to XM Group.

Feature XM Group logoXM Group
Alpari logoAlpari
Year Founded info 2009 1998
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When it comes to comparing the online brokers XM Group and Alpari, both receive solid ratings for their commissions and fees but differ in specific areas. XM Group is noted for its high costs on standard account spreads, making it pricey for many users. While the broker offers a commission-based option with the XM Zero account, the average spreads for this account type are not publicly disclosed. Despite this, XM Group earns a commendable four-star rating for its commissions and fees and is ranked #33 out of 63 brokers by ForexBrokers.com in this category.

Alpari, similar to XM Group, does not publicly share average spread data, leaving users without a clear picture of potential trading costs. However, despite this lack of transparency, Alpari also secures a four-star rating for commissions and fees. In terms of ranking, Alpari is positioned slightly lower than XM Group at #41 out of 63 brokers, according to ForexBrokers.com.

Overall, XM Group and Alpari receive identical four-star ratings, though XM Group ranks slightly higher than Alpari in terms of overall commissions and fees according to ForexBrokers.com. This can be a helpful insight for traders weighing their options between these two brokers, especially for those concerned with cost efficiency and available spread information.

Feature XM Group logoXM Group
Alpari logoAlpari
Minimum Deposit info $5 $20
Average Spread EUR/USD - Standard info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the investment offerings of XM Group and Alpari, it's clear that XM Group provides a broader variety of options for traders. XM Group stands out with an impressive 1,394 tradeable symbols, including 55 forex pairs, compared to Alpari's 105 symbols and 46 forex pairs. XM Group also shines by offering exchange-traded securities on both U.S. and international exchanges, allowing clients to directly invest in companies like Apple and Vodafone. In contrast, Alpari provides access only to international exchange-traded securities, not those listed on U.S. exchanges.

Both XM Group and Alpari allow for forex trading as CFDs or spot contracts, and they both offer copy trading and cryptocurrency derivatives. However, neither platform supports the purchase of actual cryptocurrencies. Despite these similarities, XM Group is rated higher for its range of investments, earning 4.5 stars versus Alpari’s 3 stars. According to ForexBrokers.com, XM Group ranks at #23 out of 63 brokers for its investment range, while Alpari trails behind at #63.

Feature XM Group logoXM Group
Alpari logoAlpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 105
Forex Pairs (Total) info 55 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes 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). 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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

XM Group and Alpari both offer a range of trading platforms and tools catering to beginners and experienced traders alike. Both brokers provide free virtual demo accounts, allowing users to practice trading without financial risk. While XM Group does not have a proprietary platform, Alpari offers a platform developed in-house, which may appeal to those looking for a unique trading experience. Both firms support popular platforms like MetaTrader 4 and MetaTrader 5 and provide downloadable desktop platforms for Windows users, along with convenient web-based trading options. Traders can easily engage in copy trading on both platforms, yet neither broker offers DupliTrade or ZuluTrade integration. Chart enthusiasts will find 15 drawing tools available with each broker, aiding in meticulous analysis and strategy formulation, while enabling direct trading from stock charts.

When it comes to watch lists, XM Group and Alpari both support seven customizable columns for managing trading insights. Despite each broker being rated four stars for their trading platforms and tools, XM Group holds a higher position, ranked 31st, compared to Alpari's 55th place out of 63 brokers, according to ForexBrokers.com. This might reflect XM Group’s slightly stronger appeal to those seeking a comprehensive suite of trading features. Although both brokers perform well, those interested in nuanced differences might lean towards XM Group for its broader recognition in the trading community.

Feature XM Group logoXM Group
Alpari logoAlpari
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When it comes to mobile trading apps, both XM Group and Alpari offer iPhone and Android versions, enabling traders to access stock and forex markets on the go. Both brokers provide the convenience of setting up stock or forex price alerts and allow users to draw trendlines and view charts in various time frames. However, a distinct advantage for XM Group is its watchlist symbol syncing feature, which keeps your watchlists up-to-date across both mobile and online platforms. In contrast, Alpari lacks this syncing capability, which could be a deciding factor for traders who prioritize seamless integration across devices.

Both XM Group and Alpari offer 30 technical studies in their charting tools, giving users a robust set of options for technical analysis. Yet, neither app currently supports auto-saving of chart drawings. While both platforms allow the creation of watchlists with real-time quotes, XM Group's app is ranked higher by ForexBrokers.com, securing the 29th position out of 63 brokers, compared to Alpari’s 56th position. Despite having similar features and both receiving a 4-star rating, these differences in ranking and functionality might influence traders when choosing between the two for their mobile trading needs.

Feature XM Group logoXM Group
Alpari logoAlpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing the market research offerings between XM Group and Alpari, several distinctions come to light. XM Group excels with daily market commentary, providing insights often necessary for making informed trading decisions. This platform also delivers forex news sourced from prestigious outlets like Bloomberg, Reuters, and Dow Jones, ensuring that traders have access to critical financial updates. XM Group stands out for integrating Trading Central's technical analytics, offering advanced analysis to its users. Additionally, XM Group features a sentiment-based trading tool, which helps traders gauge market sentiment by revealing the ratio of long to short positions across currency pairs. Furthermore, it provides an economic calendar that tracks important global events, assisting traders in planning their strategies effectively. Rated at 5 stars for research and ranked #8 among 63 brokers by ForexBrokers.com, XM Group demonstrates a superior commitment to market research resources.

Conversely, Alpari offers its own set of research tools, although it doesn't match XM Group in all categories. Alpari provides forex news from top-tier sources, similar to XM Group, and offers tools from Autochartist for detailed analysis, giving technical traders a recognized option for chart patterns and indicators. Moreover, like XM Group, Alpari offers an economic calendar for tracking significant global financial events. However, Alpari lacks daily market commentary, sentiment-based trading tools, and the specialized insights from Trading Central. With a 3-star rating for research and ranked #57 out of 63 brokers, Alpari falls behind XM Group in providing comprehensive market research options. These differences outline the varying strengths each broker presents to traders in need of detailed market insights.

Feature XM Group logoXM Group
Alpari logoAlpari
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources available for beginners between XM Group and Alpari, there are several key differences. XM Group provides more comprehensive educational support, offering a variety of materials including over 10 pieces on forex or CFDs through articles, videos, and archived webinars. Beginners have access to online webinars hosted at least once a month, with an archive of previously recorded sessions available for review, a feature not offered by Alpari. Both brokers provide over 10 beginner-focused educational videos; however, XM Group stands out with an extensive range of over 10 advanced videos designed for experienced traders.

In contrast, Alpari offers an investor dictionary with over 50 investing terms, an advantage for those new to trading concepts, a resource that XM Group does not provide. Despite this, the overall educational experience at XM Group is rated higher, with a five-star rating compared to Alpari's three stars. When ranked by ForexBrokers.com among 63 brokers for educational resources, XM Group claims the #7 spot, significantly higher than Alpari's rank at #48. This ranking reflects XM Group's commitment to providing traders, especially beginners, with a rich set of learning tools to enhance their trading knowledge.

Feature XM Group logoXM Group
Alpari logoAlpari
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Alpari. XM Group finished with an overall rank of #17, while Alpari finished with an overall rank of #58.

XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Feature XM Group logoXM Group
Alpari logoAlpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 88 68
Range of Investments 4.5/5 Stars 3/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or Alpari?

XM Group and Alpari both do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to trade cryptocurrency derivatives.

What funding options does each broker offer?

Both XM Group and Alpari offer Skrill, Visa or Mastercard, and bank wires for depositing and withdrawing account funds, but neither supports ACH, SEPA transfers, nor PayPal as payment options.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Compare

0 of 5
Overall Rating XM Group Alpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 88 68
Winner check_circle
Review XM Group Review
Broker Screenshots XM Group Alpari
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation XM Group Alpari
Trust Score info 88 68
Year Founded info 2009 1998
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 4 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) XM Group Alpari
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XM Group Alpari
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments XM Group Alpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 105
Forex Pairs (Total) info 55 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes 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). 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 XM Group Alpari
Average Spread EUR/USD - Standard info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info Yes No
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding XM Group Alpari
Minimum Deposit info $5 $20
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms XM Group Alpari
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XM Group Alpari
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XM Group Alpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Economic Calendar info Yes Yes
Research XM Group Alpari
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education XM Group Alpari
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs XM Group Alpari
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review XM Group Review
Overall XM Group Alpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 88 68
Winner check_circle
Review XM Group Review
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