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 |
XTB offers two main account types—a spread-only Standard account and a commission-based Professional account, though the latter is reserved for particular clients in the U.K. and Europe. With average spreads on the EUR/USD sitting at 1 pip in Q4 2023, XTB's pricing aligns with the industry average but lags behind the top brokers in this category. The Standard account is generally cheaper for smaller trading volumes and seems to be the optimal choice for retail forex traders, especially since the Pro account is being phased out in most regions. Additionally, XTB provides active traders with discounts via the Lower Spread Group program, where rebates from 5% to 30% of the spread can be achieved based on monthly trading volumes. Rated 4.5 out of 5 stars for commissions and fees, XTB ranks #11 out of 63 brokers according to ForexBrokers.com.
In comparison, XM Group's Standard account features notably high spreads, and it does not publish average spreads for its XM Zero account, which operates on a commission-based model. Despite a lack of transparency regarding the precise costs associated with its single commission-based option, XM Group holds a 4-star rating in commissions and fees. This performance places it at #33 out of 63 brokers as evaluated by ForexBrokers.com. Users may find XTB's pricing structure more favorable, especially those keen on minimizing trading costs.
Overall, while both brokers provide competitive services, XTB edges out XM Group in terms of cost-effectiveness and user preference for trading fees. XTB's standardized approach to fees and commitment to rewarding active traders through volume-based rebates makes it an attractive choice for traders seeking minimal costs. As both brokers cater to different trading needs, prospective clients would do well to consider these aspects and determine which broker aligns more closely with their trading strategy and financial objectives.
| 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 it comes to the breadth of investment options, both XTB and XM Group stand out, but XTB takes the lead with a stunning 7,184 tradeable symbols compared to XM Group's 1,394. This expansive range includes 71 forex pairs offered by XTB, while XM Group provides 55 pairs, ensuring both platforms cater to currency traders of varying preferences. Notably, both brokers offer forex trading as CFDs or spot contracts and provide access to exchange-traded securities on U.S. and international exchanges, allowing clients to invest in reputed companies like Apple and Vodafone. However, while XTB does not support copy trading, XM Group makes this feature available for those interested in mirroring the strategies of seasoned investors.
Cryptocurrency enthusiasts will find similar offerings at both XTB and XM Group as neither platform supports the purchase of actual cryptocurrencies. Instead, both brokers provide access to cryptocurrency derivatives. Despite this shared feature, XTB slightly edges out with a 5-star rating for its range of investments compared to XM Group's 4.5 stars. Ranked 14th out of 63 brokers by ForexBrokers.com, XTB's extensive selection places it ahead of XM Group, which holds the 23rd spot. These distinctions highlight XTB as the superior choice for investors seeking a wide array of trading options in their portfolio.
| 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.
When comparing trading platforms and tools between XTB and XM Group, both brokers offer simulated trading with free virtual demo accounts. However, XTB distinguishes itself with its in-house developed proprietary platform, while XM Group does not offer a custom platform but provides access to popular platforms like MetaTrader 4 and MetaTrader 5. Both brokers support web-based trading and offer Windows-based desktop platforms. However, when it comes to copy trading, XM Group outshines XTB, as XTB does not provide this feature. Additionally, XM Group supports the widely used MetaTrader platforms, which might appeal to traders who prefer MT4 or MT5.
In terms of charting capabilities, XTB offers a more extensive selection of drawing tools, totaling 32, compared to XM Group's 15. Both brokers allow trading directly from stock charts, enhancing the trading experience's convenience. For those interested in watch lists, XTB provides slightly more customizable options with eight columns compared to XM Group's seven. These differences contribute to XTB receiving a higher rating for trading platforms and tools, with 4.5 stars out of five, as opposed to XM Group's 4-star rating. In rankings by ForexBrokers.com, XTB holds the 9th position among 63 brokers, substantially higher than XM Group's 31st place, making XTB a strong contender for those prioritizing advanced trading tools and features.
| 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.
When it comes to mobile trading apps, both XTB and XM Group offer impressive features to traders using iPhone or Android devices. Both platforms provide users with essential functionalities like receiving stock or forex price alerts and the capability to draw trendlines on charts. However, a significant advantage of the XM Group app is its ability to sync watchlist symbols with the user's online account, which ensures seamless updates across platforms. In contrast, this syncing feature is absent in XTB's app.
The charting tools available in these mobile apps highlight another difference. XTB offers 39 technical studies for charting, surpassing the 30 studies provided by XM Group. Furthermore, XTB stands out by allowing users to auto-save chart drawings, a function not available in XM Group's app. Both apps enable users to create watchlists with real-time quotes and view multiple time frames on their charts. In terms of user ratings, XTB is slightly ahead with a 4.5-star rating and a top ten rank among 63 brokers for mobile trading apps, whereas XM Group holds a 4-star rating and ranks 29th in this category.
| 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 valuable market research tools for traders, including daily market commentary and forex news from well-known sources like Bloomberg and Reuters. While neither broker offers tools from Autochartist or research from TipRanks and Acuity Trading, they both include sentiment-based trading tools and comprehensive economic calendars. These resources help users stay informed on market trends and global economic events, making both brokers appealing choices for market analysis.
Despite their similar offerings, XM Group features research tools from Trading Central, which is not available through XTB. In terms of research ratings, XTB earns a perfect five stars and holds the number seven spot in ForexBrokers.com's rankings, just one above XM Group, which also boasts a five-star rating and ranks eighth. This close competition highlights both brokers as strong contenders for providing high-quality research services to traders.
| 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 excel by offering an extensive range of materials to help new traders understand forex and CFDs. Each broker provides over 10 educational pieces including articles, videos, and webinars, all focused on these subjects. Both companies also host monthly live webinars and have searchable archives for past recordings, making it easy to catch up on missed sessions. Additionally, both XTB and XM Group offer at least 10 beginner-specific videos, along with advanced content for those gaining more experience. However, neither broker provides an investor dictionary for defining investing terms.
In terms of educational quality, XTB and XM Group both receive a perfect five-star rating, showcasing their commitment to providing valuable learning opportunities. XM Group holds a slight edge in the rankings, positioned at number 7 out of 63 brokers according to ForexBrokers.com, while XTB is ranked at number 11. This slight difference might influence your choice if education is a crucial factor in your decision-making process. Overall, both brokers are excellent choices for educational support, catering to the needs of beginner and advanced traders alike.
| 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 63 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
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|---|---|---|
| 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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