Written by ForexBrokers.com
In this head to head comparison of XTB vs XM Group, 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.
When comparing the regulatory standings of XTB and XM Group, there are notable differences to consider. XTB was founded in 2002 and is publicly traded, which often enhances transparency and accountability. XTB holds two Tier-1 licenses, making it highly trusted, and two Tier-2 licenses, marking it as trusted. The broker boasts a Trust Score of 96 out of 99 according to ForexBrokers.com, indicating a high level of trustworthiness. Although XTB is not a bank, its regulator-approved credentials contribute significantly to its credibility in the trading community.
In contrast, XM Group, founded in 2009, does not trade publicly but stands out with its regulatory approvals. It holds four Tier-1 licenses, the highest trust category, and one Tier-2 license. This gives XM Group a Trust Score of 88 out of 99, identifying it as a trusted broker but not quite at the level of XTB. Like XTB, XM Group is not a bank, but its strong Tier-1 license base offers reassurance to traders regarding its regulatory compliance and operational integrity.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Year Founded | 2002 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
In the realm of online trading, understanding the commissions and fees is vital for selecting the right broker for your needs. XTB and XM Group are two prominent brokers, but their pricing structures can significantly impact traders. XTB offers two account types: a spread-only Standard account and a now mostly obsolete commission-based Professional account, ideally suited for elective professionals in the U.K. and Europe. The average forex spreads at XTB for the EUR/USD pair stood at 1 pip during the last quarter of 2023. The Standard account is a more viable option for most retail traders due to its affordability at lower volumes, with minimum deposits starting at £250, €250, or $250. Those who engage in high-volume trades can benefit from XTB's Lower Spread Group, a rebate program that returns a portion of the spread based on monthly trading volume.
Unlike XTB, XM Group does not publish average spreads for their popular commission-based XM Zero account, making it harder to evaluate precise costs upfront. However, their standard account spreads have been noted as expensive. For traders seeking transparency and value, XTB ranks higher in this regard. ForexBrokers.com gives XTB a rating of 4.5 stars for commissions and fees, securing the 11th position out of 62 brokers in this category. Meanwhile, XM Group holds a slightly lower rating of 4 stars, placing them at #33 in the same rankings.
In conclusion, while both brokers have their strengths, XTB stands out for offering competitive pricing and options suitable for a wider range of traders, including those who qualify for active trader rebates. XM Group, on the other hand, may not provide the same level of cost-effectiveness for users concerned about commission-based trading. The star ratings and rankings highlight XTB's stronger position in managing commissions and fees, offering potential traders a clearer and more advantageous pricing structure.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| Average Spread EUR/USD - Standard | 1.00 | 1.6 |
| All-in Cost EUR/USD - Active | 1.00 | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing XTB and XM Group on their range of investments, XTB clearly offers a wider selection. XTB boasts an impressive 7,184 tradeable symbols compared to XM Group's 1,394. In terms of forex pairs, XTB offers 71, surpassing XM Group's 55 pairs. Both brokers provide forex trading as CFDs and offer exchange-traded securities on U.S. and international exchanges, allowing clients to invest in shares like Apple and Vodafone. However, when it comes to copy trading, XM Group has the edge as it is available, whereas XTB does not offer this feature. When it comes to cryptocurrency derivatives trading, both brokers provide options, although neither offers the purchase of actual cryptocurrencies.
In ratings, XTB shines with a perfect 5-star ranking for its range of investments, while XM Group is slightly behind at 4.5 stars. According to ForexBrokers.com, XTB is ranked #14 out of 62 brokers in the Range of Investments category, whereas XM Group holds the #23 spot. Overall, if you prioritize a broader selection of tradeable assets, XTB may be the preferable choice. However, for those interested in copy trading, XM Group can be a more appealing option.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 1394 |
| Forex Pairs (Total) | 71 | 55 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
XTB and XM Group both offer free virtual demo accounts, making it easy for beginners to practice trading without financial risk. While both provide accessible web-based trading platforms and Windows desktop downloads, XTB stands out with its proprietary platform, offering a unique trading experience compared to XM Group. Unlike XTB, XM Group includes MetaTrader 4 and MetaTrader 5 in its offerings, catering to traders who prefer these popular platforms. However, XM Group also provides copy trading, which is not available with XTB.
In terms of charting tools, XTB offers a larger selection of 32 drawing tools, compared to XM Group's 15. Additionally, XTB provides more customization with eight columns for watch lists, versus seven offered by XM Group. Both brokers allow trading directly from stock charts, which can enhance efficiency for users. Rated at 4.5 stars, XTB edges out XM Group's 4-star rating in the trading platforms and tools category. Furthermore, XTB is ranked 9th out of 62 brokers by ForexBrokers.com, while XM Group holds the 31st position.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 30 |
| Charting - Drawing Tools (Total) | 32 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and XM Group both provide comprehensive mobile trading solutions compatible with iPhone and Android devices, including tools such as stock or forex price alerts and the ability to create real-time watchlists. Both platforms allow users to draw trendlines on charts and view multiple time frames, ensuring a detailed trading experience on the go. However, there are some distinctions. XTB's app includes a more extensive selection of technical studies, offering 39 compared to XM Group's 30. Moreover, XTB automatically saves chart drawings, a feature not supported by XM Group. But, when it comes to syncing watchlists across devices, XM Group holds an advantage by offering this functionality, which XTB lacks.
In the realm of mobile app ratings, XTB scores high with a 4.5-star rating, while XM Group follows closely with 4 stars. According to ForexBrokers.com, XTB is ranked #8 out of 62 brokers in the Mobile Trading Apps category, reflecting its strong performance in user satisfaction and features. Meanwhile, XM Group is ranked at #29, indicating room for improvement. Overall, while both apps deliver reliable trading experiences, XTB seems to have a slight edge in terms of technical offerings and user ratings.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both XTB and XM Group provide excellent market research features for traders. Each platform offers daily market commentary and access to forex news from well-respected sources such as Bloomberg and Reuters. Additionally, both brokers include a sentiment-based trading tool that displays the ratio of long and short positions across various instruments. For traders looking to stay updated on global events, both XTB and XM Group provide an economic calendar, helping you keep an eye on key developments affecting the markets.
When it comes to specialized technical analysis tools, XM Group holds a slight advantage with its offering from Trading Central, unlike XTB. However, neither broker features tools from providers like Autochartist or Acuity Trading, nor do they provide market research from TipRanks. Both brokers are highly rated for their research capabilities, each earning a five-star rating. According to ForexBrokers.com, XTB ranks slightly higher at #7, with XM Group closely following at #8 out of 62 brokers, signaling their commitment to providing strong market insights to their clients.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both XTB and XM Group offer plenty to get you started on forex and CFDs. Each provider boasts a minimum of 10 educational pieces, whether they're articles, videos, or archived webinars, ensuring a solid foundation in trading concepts. Both also commit to monthly webinars to keep traders updated, along with a searchable archive of past sessions for anyone looking to catch up. They both cater to beginners with at least 10 beginner-focused educational videos, and advanced traders aren't left out either—each offers at least 10 videos tailored for experienced minds.
However, if you're someone who prefers learning through a financial dictionary, neither XTB nor XM Group offers that specific resource. Despite that, both platforms shine brightly in terms of education, each earning a five-star rating. When compared among 62 brokers on ForexBrokers.com, XM Group ranks slightly higher at seventh place, whereas XTB is ranked at eleventh. Overall, both online brokers are excellent choices for newbies entering the trading world, with a wealth of resources to guide your learning journey.
| Feature |
XTB
|
XM Group
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that XTB is better than XM Group. XTB finished with an overall rank of #7, while XM Group finished with an overall rank of #17.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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XM Group
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 88 |
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Both XTB and XM Group do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to purchase cryptocurrency derivatives.
While both XTB and XM Group do not support ACH or SEPA transfers, XTB offers PayPal, Skrill, Visa/Mastercard, and bank wire options for deposits and withdrawals, whereas XM Group offers Skrill, Visa/Mastercard, and bank wire options but does not support PayPal.
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 | XTB | XM Group | |
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| Trust Score | 96 | 88 | |
| Winner | check_circle | ||
| Review | XTB Review | XM Group Review |
| Broker Screenshots | XTB | XM Group | |
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| Regulation | XTB | XM Group | |
|---|---|---|---|
| Trust Score | 96 | 88 | |
| Year Founded | 2002 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | XM Group | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XTB | XM Group | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | XM Group | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 1394 | |
| Forex Pairs (Total) | 71 | 55 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | XTB | XM Group | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 1.6 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | XM Group | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | XTB | XM Group | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | XM Group | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Drawing Tools (Total) | 32 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | XM Group | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XTB | XM Group | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | XM Group | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | XTB | XM Group | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XTB Review | XM Group Review |
| Overall | XTB | XM Group | |
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| Trust Score | 96 | 88 | |
| Winner | check_circle | ||
| Review | XTB Review | XM Group Review |
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