Written by ForexBrokers.com
In this head to head comparison of XM Group vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
Founded in 2009, XM Group has established itself as a notable player in the online brokerage world with a Trust Score rating of 93 out of 99 from ForexBrokers.com, placing it in the highly trusted category. Even though it's not publicly traded or a bank, XM Group maintains credibility through its regulatory compliance, holding four Tier-1 licenses and one Tier-2 license, which underscores its reliability and trust with clients.
In comparison, Spreadex, founded in 1999, holds a Trust Score rating of 71, categorized as average risk by ForexBrokers.com. Also privately owned and not a bank, Spreadex has one Tier-1 license but lacks any Tier-2 licenses. While both brokers offer online trading services, XM Group stands out for its higher level of trust and regulatory compliance.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Year Founded | 2009 | 1999 |
| 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 | 0 |
For commissions and fees, both XM Group and Spreadex earn 4 out of 5 stars from ForexBrokers.com, but Spreadex holds a stronger category ranking (#25 of 63) compared to XM Group (#34 of 63). If you’re focused on everyday trading costs like spreads and pricing clarity, these differences can affect your bottom line.
XM Group’s Standard account spreads are on the expensive side, which can add up for active traders. In addition, XM does not publish average spreads for its commission-based XM Zero account, making it harder to assess typical costs across market conditions and compare fees with other brokers.
Spreadex provides clearer cost data: in January 2024, the average spread on EUR/USD was 0.81 pips, and the 0.6-pip minimum was available 60% of the time. This mix of competitive averages and frequent access to the minimum spread can lead to lower, more predictable costs than XM Group’s pricier Standard spreads and the unreported averages on XM Zero.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $5 | $0 |
| Average spread (EUR/USD) - Standard account | 2 | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group vs Spreadex: both brokers offer forex trading (CFD/spot) and crypto CFDs, but not real, delivered crypto. Spreadex stands out for breadth with about 10,000 tradable instruments versus XM Group’s 1,394. XM Group, however, lists slightly more forex pairs (55 vs 52). Independent ratings reflect this mix: Spreadex scores 5 stars and ranks 13th out of 63 for Range of Investments, while XM Group earns 4.5 stars and ranks 19th.
Where XM Group pulls ahead is access to real shares and tools. You can buy exchange-traded stocks on both U.S. and international markets at XM Group (think Apple or Vodafone), while Spreadex does not offer non-CFD share dealing. XM Group also supports copy trading; Spreadex does not. In short, pick Spreadex for sheer market coverage, or choose XM Group if you want actual share dealing, copy trading, and a slightly wider list of forex pairs.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 10000 |
| Forex Pairs (Total) | 55 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Comparing XM Group vs Spreadex for trading platforms and tools: both brokers offer free demo (paper) accounts, web-based platforms, and the ability to place trades directly from charts. From there, they differ. XM Group focuses on MetaTrader, providing both MT4 and MT5 plus a Windows desktop download, while Spreadex does not support MT4/MT5 and does not offer a desktop platform.
XM Group does not have a proprietary platform, whereas Spreadex offers its own in-house web platform. For social features, XM Group supports copy trading; Spreadex does not. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools, with XM Group ranked 27th of 63 brokers and Spreadex ranked 34th, highlighting small but meaningful differences in their platform lineups.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Spreadex both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts. Each app lets you draw trendlines on charts. A key difference is watchlist syncing: XM Group syncs watchlists between the mobile app and your online account, so changes update everywhere, while Spreadex does not offer this syncing.
For charting, XM Group lists 30 technical studies in its app, while Spreadex does not specify the number. Neither app auto-saves chart drawings. Both earn 4 out of 5 stars for Mobile Trading Apps, according to ForexBrokers.com, with XM Group ranked #26 out of 63 brokers and Spreadex ranked #33. If synced watchlists and more stated studies matter to you, XM Group has the edge; if you don’t need syncing, Spreadex remains a capable alternative.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
XM Group and Spreadex both deliver daily market commentary, premium forex news from top-tier sources, economic calendars, and sentiment tools. The big difference is in third-party analytics: XM Group includes Trading Central (but not Autochartist), while Spreadex offers Autochartist (but not Trading Central). Neither broker provides TipRanks or Acuity Trading. For research quality, XM Group is rated 5 stars and ranks 8th out of 63 brokers on ForexBrokers.com; Spreadex is rated 4 stars and ranks 27th.
Choose XM Group if you value Trading Central’s technical and fundamental insights alongside daily news, commentary, and sentiment data. Pick Spreadex if you prefer Autochartist’s pattern-recognition tools paired with in-house commentary, top-tier news, and sentiment. Both cover the essentials, but XM holds the edge in overall research rating. Always confirm current features on each broker’s website.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing XM Group and Spreadex, both brokers deliver forex and CFD education with at least 10 learning pieces and each offers 10+ beginner-friendly videos that explain core trading concepts. The big difference comes with live learning: XM Group runs client webinars at least once a month, while Spreadex does not, which can matter if you prefer guided sessions and Q&A to build confidence.
If you plan to grow beyond the basics, XM Group also provides 10+ advanced trading videos, whereas Spreadex does not meet that bar. This depth shows in third‑party reviews: XM Group earns a 5‑star Education rating and ranks #5 out of 63 brokers on ForexBrokers.com, while Spreadex holds a 4‑star Education rating and ranks #33. In short, both can help you get started, but XM Group is the stronger pick for beginners who want ongoing webinars and a fuller path into advanced topics.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | 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 Spreadex. XM Group finished with an overall rank of #16, while Spreadex finished with an overall rank of #32.
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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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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XM Group vs Spreadex: both online brokers do not support buying actual (delivered) cryptocurrency, but each allows trading cryptocurrency CFDs (not the underlying asset).
In the XM Group vs Spreadex comparison of deposit and withdrawal methods, both brokers offer bank wire transfers and do not support ACH/SEPA or PayPal, but only XM Group supports Skrill while Spreadex does not.
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 | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review | Spreadex Review |
| Broker Screenshots | XM Group | Spreadex | |
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| Regulation | XM Group | Spreadex | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 2009 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | XM Group | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | XM Group | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XM Group | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 10000 | |
| Forex Pairs (Total) | 55 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2 | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XM Group | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $5 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XM Group | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | XM Group | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XM Group | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XM Group | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XM Group Review | Spreadex Review |
| Overall | XM Group | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review | Spreadex Review |
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