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XM Group vs iFOREX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of XM Group vs iFOREX, 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: 93
  • Tradeable Symbols (Total): 1394
iFOREX
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 75
  • Tradeable Symbols (Total): 750

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

When weighing the trust and safety credentials of XM Group against iFOREX, several distinguishing features emerge. Established in 2009, XM Group holds a strong position with a Trust Score of 93 out of 99 according to ForexBrokers.com, classifying it as a highly trusted broker. With four Tier-1 licenses, XM Group is considered well-regulated and secure for traders. In comparison, iFOREX, founded in 1996, has a lower Trust Score of 75, placing it in the average risk category. It holds one Tier-1 license, reflecting a more modest level of regulation.

Both XM Group and iFOREX are privately held companies and do not operate as banks, which means they are not listed on any stock exchange. While XM Group also holds one Tier-2 license, further enhancing its credibility, iFOREX does not have any Tier-2 licenses. Overall, traders seeking a broker with a higher level of regulatory trust might find XM Group to be a more appealing choice between the two.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Year Founded info 2009 1996
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, XM Group receives 4 out of 5 stars and ranks #34 of 63 brokers on ForexBrokers.com, while iFOREX earns 3 out of 5 stars and ranks #62 of 63. If you value clarity around trading costs such as spreads, XM Group edges ahead overall, though both brokers have gaps in their published data.

XM Group’s Standard account spreads are described as expensive, and it doesn’t publish average spread figures for its commission-based XM Zero account. That lack of average spread data can make it hard to estimate true all-in costs. Even so, XM Group’s 4-star rating and #34 ranking suggest it performs better than many peers in this category.

iFOREX does not provide average spread data, which limits transparency around expected trading costs. Reflecting this, iFOREX holds a 3-star commissions-and-fees rating and a #62 of 63 ranking from ForexBrokers.com.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Minimum Deposit info $5 $100
Average spread (EUR/USD) - Standard account info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing XM Group vs iFOREX on range of investments: both let you trade forex as CFDs or spot. XM Group lists 1,394 tradeable symbols, while iFOREX offers 750. iFOREX counters with more currency pairs (88 vs 55), but XM Group stands out by letting clients buy exchange-traded stocks on both U.S. and international exchanges—something iFOREX does not provide.

Feature-wise, XM Group supports copy trading; iFOREX doesn’t. Neither broker offers direct, delivered cryptocurrency, but both provide cryptocurrency CFDs. For range-of-investments quality, XM Group earns 4.5/5 stars and ranks #25 of 63 brokers at ForexBrokers.com, while iFOREX holds 3.5/5 stars and ranks #42.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 750
Forex Pairs (Total) info 55 88
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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

Comparing XM Group vs iFOREX for trading platforms and tools: XM Group offers a free demo account for practice, while iFOREX does not. XM Group does not have its own proprietary platform and instead supports MetaTrader 4 and MetaTrader 5. iFOREX goes the other way with a proprietary platform but does not offer MT4 or MT5. XM Group provides a Windows desktop download plus a web platform; iFOREX offers a web platform only. Both let you place trades directly from charts. For social features, XM Group supports copy trading, whereas iFOREX does not.

Both brokers earned 4 stars for Trading Platforms and Tools, yet their standings differ: according to ForexBrokers.com, XM Group ranks #33 out of 63 brokers, while iFOREX ranks #55. Choose XM Group if you want MetaTrader, a desktop app, copy trading, and a free demo. Pick iFOREX if you prefer using a proprietary, browser-based platform without downloads.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Virtual Trading (Demo) info Yes No
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 30 57
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

XM Group and iFOREX both offer mobile trading apps for iPhone and Android, and each earns a 4-star rating for mobile trading. However, there’s a clear gap in industry standing: according to ForexBrokers.com, XM Group ranks 31st out of 63 brokers for Mobile Trading Apps, while iFOREX ranks 56th.

Feature-wise, XM Group provides more tools for active traders. XM supports stock and forex price alerts, watchlist syncing between mobile and web, 30 technical studies for charts, and the ability to draw trendlines. iFOREX lacks price alerts, watchlist syncing, and trendline drawing, and its charting studies aren’t specified. Neither app auto-saves chart drawings. If alerts, synced watchlists, and richer charting matter to you, XM Group is the stronger pick; if you just need a straightforward app on iPhone or Android, iFOREX covers the basics.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info No No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing XM Group vs iFOREX for market research, both brokers deliver daily market commentary, a sentiment tool that shows the ratio of long vs. short positions, and an economic calendar. Each broker also integrates research from Trading Central. XM Group goes further by providing forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while iFOREX does not. Neither broker offers Autochartist.

XM Group does not include TipRanks or Acuity Trading tools; iFOREX’s use of TipRanks and Acuity Trading is not disclosed. For overall quality, XM Group earns 5 stars and ranks #8 out of 63 brokers for Research on ForexBrokers.com, whereas iFOREX is rated 3.5 stars and ranks #49. In short, XM Group stands out for traders who want premium news alongside third-party analysis, while iFOREX covers key basics without the same level of news coverage.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes Yes
TipRanks info No
Acuity Trading info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners, XM Group stands out with monthly live client webinars and a broad video library: at least 10 beginner-focused videos plus at least 10 advanced lessons for when you’re ready to level up. iFOREX also offers at least 10 beginner videos, but it does not host monthly educational webinars and has fewer advanced topics covered. If you want a clear learning path with live sessions and advanced tutorials, XM Group offers more; if you mainly want basic how-to videos, iFOREX can cover the essentials.

Independent ratings show the gap: ForexBrokers.com gives XM Group 5 stars for Education and ranks it 7th out of 63 brokers, while iFOREX earns 3.5 stars and ranks 53rd. For forex and CFD education, XM Group generally delivers a more complete program for new traders, whereas iFOREX suits those seeking straightforward starter content without live classes.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

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 iFOREX. XM Group finished with an overall rank of #17, while iFOREX finished with an overall rank of #52.

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
iFOREX logoiFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 75
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or iFOREX?

In the XM Group vs iFOREX comparison for cryptocurrency trading, neither broker supports buying actual (delivered) cryptocurrencies, but both allow trading cryptocurrency CFDs.

What funding options does each broker offer?

XM Group and iFOREX both do not support ACH or SEPA transfers for deposits or withdrawals; XM additionally supports Skrill and bank wire transfers but not PayPal, while iFOREX’s availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.

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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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Overall Rating XM Group iFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 93 75
Winner check_circle
Review XM Group Review
Broker Screenshots XM Group iFOREX
Broker Gallery (click to expand) info
XM MetaTrader 5 mobile trading app XM MetaTrader 5 desktop trading platform. XM research articles market news and analysis XM educational content forex course chapters.
Regulation XM Group iFOREX
Trust Score info 93 75
Year Founded info 2009 1996
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes Yes info
Tier-1 Licenses info 4 1
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 iFOREX
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
United Kingdom (U.K.) (FCA Authorised) info No Yes
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 Yes info
Tier-2 Licenses (Trusted) XM Group iFOREX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XM Group iFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 750
Forex Pairs (Total) info 55 88
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) 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 iFOREX
Average spread (EUR/USD) - Standard account info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Inactivity Fee info Yes No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding XM Group iFOREX
Minimum Deposit info $5 $100
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info No No
Trading Platforms XM Group iFOREX
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
Trading Tools XM Group iFOREX
Virtual Trading (Demo) info Yes No
Price Alerts info Yes No
Charting - Indicators / Studies (Total) info 30 57
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading XM Group iFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info No No
Mobile Research - Economic Calendar info Yes No
Research XM Group iFOREX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education XM Group iFOREX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs XM Group iFOREX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review XM Group Review
Overall XM Group iFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 93 75
Winner check_circle
Review XM Group Review
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