FxPro
Visit

74.46% of retail CFD accounts lose money.

Vs.

XM
Visit

74.89% of retail CFD accounts lose money.

FxPro Vs. XM - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

74.46% of retail CFD accounts lose money.

Visit

74.89% of retail CFD accounts lose money.

Overview

FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

Best For
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
  • Experienced traders looking to trade shares in high volume using their Zero account
  • MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
The Good
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
  • No real stocks or ETFs
  • Proprietary platform is not user friendly
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2006 2009
💳 Minimum Deposit Range
$100 $5
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR. 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, IR.

US, CA.

📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
2,261 1,382
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
2,100 1,286
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
70 57
📗 Commodities
0 0
📗 Commodities CFDs
11 15
📕 Indices
0 0
📕 Indices CFDs
29 14
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
30 0
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
21 10
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) Variable - Fractions allowed
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $100 (0.001 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

$15 after 12 months of inactivity plus $5 monthly thereafter.

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader.

Yes on Zero accounts ($7 per lot round turn).

Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 24 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2.82 Dynamic - From $9.4
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $88 Unavailable
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
No Yes