menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money
Home ‣ Compare ‣ XM Group vs iFOREX 2025

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 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 No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
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

For range of investments, XM Group offers more breadth overall with 1,394 tradeable symbols compared to iFOREX’s 750. iFOREX counters with a larger list of forex pairs (88 vs. XM’s 55). Both brokers support forex trading via CFDs/spot and provide cryptocurrency exposure through derivatives, though neither lets you buy actual crypto.

XM Group also stands out by letting clients buy exchange-traded stocks on both U.S. and international exchanges (not just CFDs), and it supports copy trading—features iFOREX does not offer. Reflecting these differences, ForexBrokers.com rates XM Group 4.5/5 stars for Range of Investments (#25 of 63), while iFOREX earns 3.5/5 stars (#42 of 63).

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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
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 vs iFOREX: For trading platforms and tools, XM Group offers a free demo account, while iFOREX does not. iFOREX provides a proprietary, in-house web platform; XM Group doesn’t have its own but supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). XM Group also has a Windows desktop download and a browser platform, whereas iFOREX is browser-only. Copy trading is available at XM Group but not at iFOREX. Neither broker integrates DupliTrade or ZuluTrade. Both allow trading directly from charts.

For charting and watchlists, indicator counts weren’t specified for either broker. XM Group lists 15 drawing tools versus 25 at iFOREX, and watchlists include 7 fields at XM Group compared with 9 at iFOREX. Both are rated 4 out of 5 stars for Trading Platforms and Tools, yet ForexBrokers.com ranks XM Group higher (#33 of 63) than iFOREX (#55 of 63).

Feature XM Group logoXM Group
iFOREX logoiFOREX
Virtual Trading (Demo) info Yes No
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 57
Charting - Drawing Tools (Total) info 15 25
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 9

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

Forex trading apps

Comparing the XM Group mobile app vs the iFOREX mobile app: both are available for iPhone and Android and both earn 4 out of 5 stars for mobile trading. Out of 63 brokers rated by ForexBrokers.com for Mobile Trading Apps, XM Group ranks #31, while iFOREX ranks #56.

Feature-wise, XM Group offers more for on-the-go analysis. You get price alerts, real-time watchlists that sync with your web account, and 30 technical studies. XM’s charts let you draw trendlines and switch between multiple time frames, though drawings do not auto-save. By contrast, iFOREX lacks price alerts, watchlist syncing, real-time watchlists, listed technical studies, trendline tools, and multi-time-frame views; like XM, it does not auto-save chart drawings. If you want stronger charting and alerts on mobile, XM Group is the better fit; if you only need basic trading access on iPhone or Android, both brokers cover that.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info No No
Mobile Watchlist info Yes 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 info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing XM Group and iFOREX in terms of educational resources for beginners, XM Group clearly stands out. XM Group provides a rich variety of educational content, offering more than 10 pieces focused on forex and CFDs. Clients can also benefit from their regularly scheduled monthly webinars and have access to a searchable archive of past webinars. Additionally, XM Group presents a comprehensive collection of beginner and advanced educational videos, tailor-made for traders at different skill levels. On the other hand, while iFOREX also provides beginner educational videos, it falls short in offering content on other educational fronts, such as webinars and advanced educational materials.

XM Group shines with a stellar rating of 5 out of 5 stars for its educational offerings, and it holds an impressive 7th place out of 63 brokers in the Education category according to ForexBrokers.com. Meanwhile, iFOREX, with a rating of 3.5 out of 5 stars, ranks lower at 53rd place. Both XM Group and iFOREX lack an investor dictionary, but for those seeking a well-rounded educational experience, especially webinars and advanced topics, XM Group emerges as a superior choice.

Feature XM Group logoXM Group
iFOREX logoiFOREX
Education (Forex or CFDs) info Yes No
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 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?

Both XM Group and iFOREX do not provide the option to buy actual (delivered) cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing the online brokers XM Group and iFOREX, neither supports ACH or SEPA transfers, but while iFOREX accepts PayPal for transactions, XM Group does not; both brokers, however, facilitate deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires.

More Comparisons

XM Group vs Trading 212 XM Group vs IUX XM Group vs easyMarkets XM Group vs HFM XM Group vs Vantage XM Group vs Spreadex iFOREX vs TMGM iFOREX vs XM Group iFOREX vs XTB iFOREX vs IC Markets iFOREX vs HYCM (Henyep Capital Markets) iFOREX vs Tickmill

Show all



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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× XM Group
× iFOREX
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
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/Central Bank 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. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
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 iFOREX
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 No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding XM Group iFOREX
Minimum Deposit info $5 $100
PayPal (Deposit/Withdraw) info No Yes
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 iFOREX
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XM Group iFOREX
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 9
Charting - Indicators / Studies (Total) info 30 57
Charting - Drawing Tools (Total) info 15 25
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 Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info No No
Mobile Economic Calendar info Yes No
Research XM Group iFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education XM Group iFOREX
Education (Forex or CFDs) info Yes No
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 No
Major Forex Pairs XM Group iFOREX
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 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
arrow_upward

close
navigate_before navigate_next