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 |
Comparing commissions and fees at XM Group vs. Spreadex: both are rated 4 out of 5 stars by ForexBrokers.com. However, their category rankings differ—XM Group sits at #34 of 63, while Spreadex ranks higher at #28 of 63.
XM Group’s Standard account spreads are on the expensive side. For the commission-based XM Zero account, the broker does not publish average spreads, which makes it harder to predict your all-in trading costs across pairs.
Spreadex shares clearer pricing data. In January 2024, its average EUR/USD spread was 0.81 pips, with a 0.6-pip minimum achieved 60% of the time that month. This transparency helps gauge real-world costs and supports its better ranking, even though both brokers hold the same 4-star rating.
| Feature |
XM Group
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $5 | $0 |
| Average spread (EUR/USD) - Standard account | 1.6 | 0.81 |
| All-in Cost EUR/USD - Active | 0.8 | 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 and Spreadex both support forex trading via CFDs/spot contracts, but their range of investments differs. Spreadex lists about 10,000 tradeable symbols, dwarfing XM Group’s 1,394. When it comes to forex pairs, XM Group offers 55 versus Spreadex’s 52. For stock investing, XM Group stands out by letting clients buy real, exchange-traded shares on both U.S. and international exchanges (not just CFDs), while Spreadex does not offer real share dealing. Both brokers let you trade cryptocurrency via CFDs, and neither provides access to actual, delivered crypto.
Features can help tip the balance: XM Group offers copy trading, while Spreadex does not. In independent assessments of range of investments, Spreadex earns 5 stars and ranks 14th out of 63 brokers, whereas XM Group scores 4.5 stars and ranks 25th. In short, choose Spreadex if you want the widest selection of markets to trade, and choose XM Group if you also want the option to buy real U.S. and international shares and use copy trading.
| 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.
XM Group and Spreadex both offer free demo (paper) accounts and web-based trading, plus the ability to place orders directly from charts. Their platform lineups differ: XM Group does not have a proprietary platform but supports MetaTrader 4 and MetaTrader 5, along with a Windows desktop download. Spreadex goes the other route with its own in-house platform and no MT4/MT5 support, and it doesn’t provide a Windows desktop app. Copy trading is available at XM Group but not at Spreadex.
In independent testing by ForexBrokers.com, both brokers earned 4 stars for Trading Platforms and Tools, with XM Group ranked #33 of 63 and Spreadex ranked #47 of 63. The number of built-in technical indicators and watchlist columns is not specified in this comparison. In short, XM Group may suit traders who want MT4/MT5 and a Windows desktop option, while Spreadex may appeal to those who prefer a broker-built, browser-first experience.
| 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, and each earns a 4-star rating for mobile trading. Still, XM Group holds a stronger position in ForexBrokers.com’s rankings, coming in at #31 out of 63 brokers, while Spreadex is #47. If you’re deciding between the two, this ranking gap may matter, especially if you value a wider set of chart tools and smoother account syncing across devices.
Both apps support stock and forex price alerts and let you draw trendlines on charts. XM Group lists 30 technical studies in its mobile charting, while Spreadex does not specify a number. A key difference is watchlists: XM Group syncs your watchlists between the mobile app and your online account, but Spreadex does not. Note that neither app auto-saves chart drawings, so you may need to reapply them during future sessions.
| 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.
Comparing market research at XM Group and Spreadex, both brokers deliver daily market commentary, top‑tier forex news (e.g., Bloomberg, Reuters, Dow Jones), and an economic calendar, along with a sentiment tool that shows the ratio of long vs. short positions. For overall quality, XM Group earns 5 stars and ranks #8 out of 63 brokers for Research on ForexBrokers.com, while Spreadex scores 4 stars and ranks #32.
The key difference lies in their third‑party tools: XM Group includes Trading Central but does not offer Autochartist, whereas Spreadex offers Autochartist but not Trading Central. Neither broker provides research from TipRanks or tools from Acuity Trading (Signal Centre). If you want Trading Central’s analysis, XM Group is the better pick; if you prefer Autochartist’s pattern‑based tools, Spreadex stands out—both still cover the basics with news, commentary, sentiment data, and an economic calendar.
| 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.
Both XM Group and Spreadex provide forex and CFD education, clearing the bar of at least 10 learning pieces. Each broker offers 10 or more beginner-focused videos that explain trading basics, so new traders can start with step-by-step lessons. Where they differ is live learning: XM Group hosts client webinars at least once a month, while Spreadex does not—important if you prefer interactive sessions and Q&A.
For depth as you progress, XM Group also includes 10+ advanced video lessons; Spreadex does not. This broader path helps XM stand out in third-party reviews: it earns 5 stars for Education and ranks 7th out of 63 brokers at ForexBrokers.com. Spreadex is still a good pick for beginners with 4 stars, but it places 45th out of 63. If you want ongoing live classes and a clear route from beginner to advanced topics, XM Group has the edge; if you just need core starter videos, Spreadex can do the job.
| 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 #17, while Spreadex finished with an overall rank of #39.
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
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|---|---|---|
| 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 (SFC 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 | 1.6 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.8 | 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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