Written by ForexBrokers.com
In this head to head comparison of XM Group vs GBE brokers, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing XM Group and GBE brokers, we notice several key differences in their regulatory standing and trust ratings. XM Group was founded in 2009 and holds a Trust Score of 88 from ForexBrokers.com, placing it in the "trusted" category. GBE brokers, established in 2013, has a Trust Score of 71, indicating an "average risk" rating. Neither of these brokers is publicly traded nor operates as a bank, and thus, they are not influenced by stock market pressures.
In terms of licenses, XM Group holds a significant advantage with four Tier-1 licenses, regarded as highly trusted, and one Tier-2 license, classified as trusted. This indicates a strong regulatory framework for XM Group. In contrast, GBE brokers possess only one Tier-1 license and lack any Tier-2 licenses, offering less regulatory backing. These distinctions highlight XM Group's stronger regulatory position and trustworthiness in the online brokerage sector compared to GBE brokers.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Year Founded | 2009 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing the commissions and fees of online brokers XM Group and GBE brokers reveals some differences that potential investors might want to consider. XM Group's standard account spreads are on the expensive side, and the broker does not publish average spreads for its XM Zero commission-based account. Despite this, XM Group has been rated four out of five stars for its commissions and fees.
Similarly, GBE brokers do not provide data on average spreads, which might be a point of consideration for traders looking for transparency in fee structures. Nonetheless, GBE brokers also received a four-star rating for their commissions and fees, indicating that both brokers are considered relatively favorable in this area despite the lack of detailed spread information.
In terms of industry ranking, XM Group stands at 33rd place out of 63 brokers in the Commissions and Fees category, according to ForexBrokers.com. GBE brokers rank slightly lower, taking the 37th position out of the same 63 brokers. This ranking suggests that while both brokers offer competitive rates, XM Group might have a slight edge over GBE brokers in this specific category.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $5 | $500 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing XM Group and GBE Brokers, investors will notice that both platforms provide opportunities for forex trading either as CFDs or spot contracts. XM Group stands out with a total of 1,394 tradeable symbols, a figure significantly higher than GBE Brokers, which offers 500. While GBE Brokers boasts more tradeable forex pairs at 71 compared to XM Group's 55, XM Group compensates with a broader range of investment opportunities. Unique to XM Group is the ability to invest in exchange-traded securities on both U.S. and international exchanges, allowing clients to purchase shares like Apple and Vodafone directly, an option not available with GBE Brokers.
Both XM Group and GBE Brokers provide copy trading features and the capability to invest in cryptocurrency derivatives, although neither offers the purchase of actual cryptocurrencies. In terms of overall range of investments, XM Group earns a higher rating of 4.5 stars, while GBE Brokers holds a 3.5-star rating. This difference is reflected in their rankings by ForexBrokers.com, with XM Group positioned at #23 and GBE Brokers at #44 out of 63 brokers. Clearly, XM Group offers a wider array of investment options, appealing to a broad spectrum of investors looking for diverse opportunities.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 500 |
| Forex Pairs (Total) | 55 | 71 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When looking for a comprehensive trading platform, both XM Group and GBE brokers check many of the same boxes. They both offer simulated trading with free demo accounts, which is a great way for beginners to practice without financial risk. Neither broker provides a proprietary platform, but they both support the popular MetaTrader 4 and MetaTrader 5, available for download on Windows-based desktops as well as via web browsers. For those interested in copying strategies from successful traders, copy trading is available through both brokers, although neither provides DupliTrade or ZuluTrade integrations. On the charting front, each offers 15 drawing tools, allowing for a customized trading experience, and enable direct trading from stock charts.
While XM Group and GBE brokers offer a similar suite of trading tools, they differ slightly in perceived quality and industry standing. XM Group is ranked #31 and GBE brokers at #57 in the Trading Platforms and Tools category, according to ForexBrokers.com. Despite this gap, both brokers earn a solid four-star rating in the category. With seven fields available for creating detailed watch lists, they allow traders to efficiently monitor their chosen markets. Ultimately, both options offer plenty of functionalities, yet XM Group holds a slight edge in rankings, which might be a consideration for prospective traders.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both XM Group and GBE Brokers make a compelling offer, each catering well to iPhone and Android users. They both provide essential features like stock and forex price alerts, the ability to draw trendlines, view multiple time frames, and offer the same number of technical studies, totaling 30. However, XM Group takes the lead with its watchlist symbol syncing, ensuring seamless integration with the user's online account, while GBE Brokers does not offer this feature. On the other hand, GBE Brokers provides the convenience of auto-saving drawings on charts, a feature that XM Group's app lacks.
For those seeking to manage their investments on the go, both apps enable the creation of watchlists with real-time quotes. XM Group maintains a slight edge in the rankings by ForexBrokers.com, positioned at #29 out of 63 brokers, while GBE Brokers is ranked at #57. Both are rated four out of five stars for their mobile apps, making them reliable options for traders valuing user-friendly and feature-rich mobile trading experiences.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of XM Group and GBE brokers, both provide daily market commentary, keeping traders informed with fresh insights. However, XM Group stands out by delivering forex news from reputable sources like Bloomberg and Reuters, whereas GBE brokers do not offer such a feature. This advantage gives XM Group users access to more comprehensive and authoritative market information. Furthermore, XM Group utilizes tools from Trading Central, enhancing their research capabilities with Technical Analytics, while GBE brokers lack this advanced resource.
Both brokers offer sentiment-based trading tools and an economic calendar, ensuring traders stay aware of global economic events. Despite some similarities, XM Group's overall research rating is higher, earning 5 stars compared to GBE brokers' 3 stars. This quality difference is also reflected in their respective rankings by ForexBrokers.com, where XM Group shines at #8, while GBE brokers lag behind at #62. These distinctions make XM Group a stronger choice for traders prioritizing market research and news updates.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in the realms of forex and CFDs, XM Group steps up as a well-resourced platform. Offering more than 10 pieces of educational content like articles, videos, and archived webinars, XM Group provides newcomers with ample learning materials. They even host at least one educational webinar each month and maintain a searchable archive of past sessions for those who want to revisit critical lessons. Beginners can also benefit from a library of over 10 videos tailor-made for them, along with advanced tutorials for seasoned traders, earning XM Group a 5-star rating in education and a notable 7th place ranking out of 63 brokers evaluated by ForexBrokers.com.
In contrast, GBE Brokers falls short in the educational domain for beginners. While they don't offer a substantial collection of educational resources, such as articles or videos dedicated to forex and CFDs like XM Group, they also lack regular webinars and an archive of recorded sessions. With no specialized beginner or advanced trading videos and no comprehensive investor dictionary, GBE Brokers has earned a diminished 3-star education rating and ranks last at 63rd place among brokers reviewed by ForexBrokers.com. For novices seeking rich and varied educational materials, XM Group clearly offers a more nurturing environment for learning and development.
| Feature |
XM Group
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than GBE brokers. XM Group finished with an overall rank of #17, while GBE brokers finished with an overall rank of #56.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 71 |
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Both XM Group and GBE brokers do not offer the ability to buy actual delivered cryptocurrency, but they provide options to trade cryptocurrency derivatives.
While both XM Group and GBE brokers offer Skrill, Visa/Mastercard, and bank wires for depositing or withdrawing funds, GBE brokers additionally supports ACH or SEPA transfers and PayPal, unlike XM Group which does not provide these options.
Please 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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0 of 5| Overall Rating | XM Group | GBE brokers | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | GBE brokers | |
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| Regulation | XM Group | GBE brokers | |
|---|---|---|---|
| Trust Score | 88 | 71 | |
| Year Founded | 2009 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XM Group | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 500 | |
| Forex Pairs (Total) | 55 | 71 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $5 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | XM Group | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | XM Group | GBE brokers | |
|---|---|---|---|
| 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 | |
| Review | XM Group Review |
| Overall | XM Group | GBE brokers | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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