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XM Group vs FxPro 2021

Is FxPro better than XM Group? After testing 27 of the best forex brokers over five months, XM Group is better than FxPro. While XM Group struggles to stack up against industry leaders, in terms of its platform offering, range of markets, and pricing, XM Group provides an outstanding offering of quality educational content and market research.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature XM Group FxPro
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4.5 3.5
Education 4.5 4
Trust Score 84 89
XM Group Review FxPro Review
Winner check_circle
78.28% of retail CFD accounts lose money 79.83% of retail CFD accounts lose money

Regulation

Feature XM Group FxPro
Trust Score 84 89
Year Founded
2009 2006
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
2 2
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature XM Group FxPro
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature XM Group FxPro
Forex Trading
Yes Yes
CFDs (Total)
1273 187
Forex Pairs (Total)
57 70
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
No Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature XM Group FxPro
Average Spread EUR/USD - Standard
1.6 (Aug 2020) 1.51 (August 2020)
All-in Cost EUR/USD - Active
0.8 (Aug 2020) 1.27 (August 2020)
Active Trader or VIP Discounts
No Yes

Funding

Feature XM Group FxPro
Minimum Initial Deposit
$5-100 $100.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature XM Group FxPro
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No Yes
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature XM Group FxPro
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
(Default MT4/MT5) 19
Charting - Indicators / Studies (Total)
(Default MT4/MT5) 64
Charting - Drawing Tools (Total)
(Default MT4/MT5) 26
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature XM Group FxPro
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
(Default MT4/MT5) 62
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No Yes

Research

Feature XM Group FxPro
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes

Education

Feature XM Group FxPro
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature XM Group FxPro
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature XM Group FxPro
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 4.5 3.5
Education 4.5 4
Trust Score 84 89
XM Group Review FxPro Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare FxPro vs XM Group.

Does FxPro or XM Group offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, XM Group offers better pricing overall for traders.

Is FxPro or XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. XM Group holds 2 global Tier-1 licenses, while FxPro holds 1. Both FxPro and XM Group hold 2 global Tier-2 licenses. All regulators considered, FxPro has a Trust Score of 89.00, while XM Group's Trust Score is 84.00.

Which trading platform is better: FxPro or XM Group?
To compare the trading platforms of both FxPro and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FxPro offers a better experience. With research, XM Group offers superior market research. Finally, we found FxPro to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. FxPro and XM Group both offer copy trading. Both FxPro and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
FxPro provides traders 70 currency pairs (e.g., EUR/USD) compared to XM Group's 57 available pairs. Forex pairs aside, XM Group offers traders access to 1273 CFDs while FxPro has 187 available CFDs, a difference of 1,086.

Overall winner: XM Group

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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