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Plus500 vs XM Group 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of Plus500 vs XM Group, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 93
  • Tradeable Symbols (Total): 1429

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

Comparing online brokers Plus500 and XM Group: Plus500 was founded in 2008 and is publicly traded, while XM Group started in 2009 and is privately held. Neither broker is a bank.

On regulation and safety, Plus500 holds 7 Tier-1 licenses and 4 Tier-2 licenses; XM Group holds 4 Tier-1 and 3 Tier-2 licenses. According to ForexBrokers.com, Plus500 earns a Trust Score of 99/99 and XM Group scores 93/99—both fall in the 90–99 “highly trusted” range.

Feature Plus500 logoPlus500
XM Group logoXM Group
Year Founded info 2008 2009
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 4
Tier-2 Licenses info 4 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

When comparing commissions and fees, Plus500 comes out ahead of XM Group, though neither broker is a top choice for low-cost trading. Plus500’s pricing is slightly above the industry average and not as competitive as the best forex brokers for active traders. It does not offer retail client discounts, but qualifying Professional clients may receive cash rebates. Plus500 is rated 4.0 out of 5 stars for commissions and fees and ranks #24 out of 36 brokers by ForexBrokers.com.

Plus500’s pricing example also shows why it lands in the middle of the pack: its average EUR/USD spread was 1.5 pips in April 2024, which is higher than the industry average. XM Group, on the other hand, has expensive spreads on its Standard account, and it does not publish average spreads for its commission-based XM Zero account, which makes cost comparison harder for everyday traders. XM Group is rated 3.5 out of 5 stars and ranks #34 out of 36 brokers for commissions and fees.

In simple terms, Plus500 is the better option of the two if you want lower overall pricing, while XM Group trails behind on fees. Even so, traders who care most about tight spreads and active-trader pricing may still find both brokers less appealing than lower-cost competitors.

Feature Plus500 logoPlus500
XM Group logoXM Group
Minimum Deposit info €50 info $5
Average spread (EUR/USD) - Standard account info 1.3 info 2 info
All-in Cost EUR/USD - Active info 1.3 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to range of investments, Plus500 and XM Group both give traders access to forex trading, U.S. and international exchange-traded shares, and cryptocurrency CFDs. Neither platform lets you buy real, delivered crypto, but both do offer crypto CFD trading. Each broker also supports forex as a CFD or spot contract, so traders can choose a market style that fits their preferences.

Plus500 stands out for sheer variety, with 5,500 tradeable symbols and 65 forex pairs, compared with XM Group’s 1,429 symbols and 55 forex pairs. XM Group does have one extra feature that Plus500 lacks: copy trading. Even so, both brokers are rated 4.5 out of 5 stars for range of investments, with Plus500 ranked #16 out of 36 brokers by ForexBrokers.com and XM Group ranked #19.

Feature Plus500 logoPlus500
XM Group logoXM Group
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1429
Forex Pairs (Total) info 65 55
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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

Plus500 and XM Group both give traders a free demo account and a web-based platform, so each is easy to try and use without downloading software. Plus500 stands out for its own in-house trading platform, while XM Group does not have a proprietary platform but instead offers both MetaTrader 4 and MetaTrader 5, plus a Windows desktop download. XM Group also adds copy trading and lets users trade directly from charts, which may appeal to traders who want more ways to follow others or manage orders faster.

For trading tools, Plus500 is a simpler choice, while XM Group offers more options for active traders who want desktop access and popular third-party software. In ForexBrokers.com’s Trading Platforms and Tools category, Plus500 is rated 4.5 out of 5 stars and ranks #14 out of 36 brokers, while XM Group is rated 4 out of 5 stars and ranks #27. If you want a straightforward platform with a strong overall score, Plus500 is a solid pick; if you want MT4, MT5, and copy trading, XM Group has the edge.

Feature Plus500 logoPlus500
XM Group logoXM Group
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes

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

Forex trading apps

When comparing Plus500 and XM Group for mobile trading, both brokers give traders the basics they expect in a trading app. Each offers iPhone and Android apps, price alerts, watchlist syncing between mobile and online accounts, and the ability to draw trendlines on charts. Neither app auto-saves chart drawings, so users will need to redo them if they are not saved manually. For everyday trading on the go, both platforms cover the core features well.

The biggest difference is in charting and overall app ratings. Plus500 offers 115 technical studies in its mobile app, compared with 30 at XM Group, giving Plus500 a wider set of tools for chart analysis. Plus500 is also rated higher for Mobile Trading Apps at 4.5 out of 5 stars and ranks #14 out of 36 brokers on ForexBrokers.com, while XM Group holds a 4-star rating and ranks #26. Based on these numbers, Plus500 has the edge for traders who want more charting tools and a stronger mobile app rating.

Feature Plus500 logoPlus500
XM Group logoXM Group
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No No

Dive deeper: Best Forex Trading Apps.

Market research

Plus500 and XM Group both give traders useful market research features, including daily market commentary, Trading Central tools, sentiment data showing long and short positions, and an economic calendar with global news events. Neither broker includes Autochartist, TipRanks, or Acuity Trading research tools. The biggest difference is in news coverage: XM Group provides forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, while Plus500 does not.

When it comes to overall research quality, XM Group has the edge. It is rated 5 out of 5 stars for Research and ranks #8 out of 36 brokers at ForexBrokers.com, compared with Plus500’s 4.5-star rating and #16 ranking. For traders who want a wider mix of market news and stronger research coverage, XM Group comes out ahead, though Plus500 still offers a solid set of basic research tools.

Feature Plus500 logoPlus500
XM Group logoXM Group
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to beginner education, both Plus500 and XM Group give new traders plenty to work with. Each broker offers forex or CFD learning material, regular online educational webinars, and at least 10 beginner and 10 advanced videos covering trading topics. That means beginners can find basic guides, live learning sessions, and deeper lessons as they build confidence and skills.

Still, XM Group stands out as the stronger choice for education overall. It earns a 5-star education rating and ranks #5 out of 36 brokers for the Education category, while Plus500 scores 4.5 stars and ranks #26. For beginners comparing these two online brokers, both are educationally useful, but XM Group offers the better learning experience.

Feature Plus500 logoPlus500
XM Group logoXM Group
Webinars info Yes info Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than XM Group. Plus500 finished with an overall rank of #14, while XM Group finished with an overall rank of #16.

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Feature Plus500 logoPlus500
XM Group logoXM Group
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 99 93
Range of Investments 4.5/5 Stars 4.5/5 Stars
Trading Fees 4.0/5 Stars 3.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.0/5 Stars 5/5 Stars

FAQs

Can you trade cryptocurrency with Plus500 or XM Group?

Plus500 vs XM Group: neither broker lets you buy actual (delivered) cryptocurrency, but both support trading cryptocurrency CFDs.

What funding options does each broker offer?

In a Plus500 vs XM Group funding comparison, neither supports ACH or SEPA, both support Skrill and bank wire transfers, only Plus500 supports PayPal, and Visa/Mastercard availability is not specified for either broker.

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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 Plus500 XM Group
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trading Fees 4.0/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 5/5 Stars
Education 4.0/5 Stars 5/5 Stars
Trust Score info 99 93
Winner check_circle
Review Plus500 Review XM Group Review
Broker Screenshots Plus500 XM Group
Broker Gallery (click to expand) info
Plus500 mobile app charts. Plus500 trading platform EURUSD Plus500 web platform market news analysis articles. Plus500 webinars with Corellian Academy YouTube video playlist
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 Plus500 XM Group
Trust Score info 99 93
Year Founded info 2008 2009
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes
Tier-1 Licenses info 7 4
Tier-2 Licenses info 4 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Plus500 XM Group
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes
Tier-2 Licenses (Trusted) Plus500 XM Group
Kenya (CMA Authorised) info Yes
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA, FSRA, or CMA Authorised) info Yes info Yes
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info
Investments Plus500 XM Group
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1429
Forex Pairs (Total) info 65 55
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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 Plus500 XM Group
Average spread (EUR/USD) - Standard account info 1.3 info 2 info
All-in Cost EUR/USD - Active info 1.3 info N/A info
Inactivity Fee info Yes Yes
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding Plus500 XM Group
Minimum Deposit info €50 info $5
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms Plus500 XM Group
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Plus500 XM Group
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading Plus500 XM Group
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No No
Mobile Research - Economic Calendar info Yes Yes
Research Plus500 XM Group
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education Plus500 XM Group
Webinars info Yes info Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Major Forex Pairs Plus500 XM Group
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes info Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Plus500 Review XM Group Review
Overall Plus500 XM Group
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trading Fees 4.0/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 5/5 Stars
Education 4.0/5 Stars 5/5 Stars
Trust Score info 99 93
Winner check_circle
Review Plus500 Review XM Group Review
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