Your capital is at risk. Trade only with funds you can afford to lose.
XM
#3 in our CFD broker rankings
Accepts traders from Indonesia
Rating breakdown
- Regulation & trust4.50.1 higher than FxPro (4.4)
- Assets & markets4.50.5 higher than FxPro (4.0)
- Fees & costs4.0same as FxPro (4.0)
- Platforms & tools4.80.5 higher than FxPro (4.3)
- Accounts & banking4.50.7 higher than FxPro (3.8)
- Education4.80.8 higher than FxPro (4.0)
- Research4.30.3 higher than FxPro (4.0)
- Customer support4.90.9 higher than FxPro (4.0)
FxPro’s score. Numbers show the difference.
FxPro
#37 in our CFD broker rankings
Accepts traders from Indonesia
Rating breakdown
- Regulation & trust4.40.1 lower than XM (4.5)
- Assets & markets4.00.5 lower than XM (4.5)
- Fees & costs4.0same as XM (4.0)
- Platforms & tools4.30.5 lower than XM (4.8)
- Accounts & banking3.80.7 lower than XM (4.5)
- Education4.00.8 lower than XM (4.8)
- Research4.00.3 lower than XM (4.3)
- Customer support4.00.9 lower than XM (4.9)
XM’s score. Numbers show the difference.
| XM | FxPro | |
|---|---|---|
| Overview | XM is a globally recognized forex and CFD broker with 20+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It also offers a comprehensive MetaTrader experience that we've observed firsthand placing test trades. | Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 145 industry awards and counting for its competitive conditions for active traders. |
| Customer Reviews | Based on 53 customer reviews | Based on 8 customer reviews |
| Trustpilot Score | ||
| Promotions | – | |
| Comment by Reviewer | “With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders.” | “FxPro is a stellar option for day traders, sporting exceptionally fast execution speeds under 8ms, competitive fees that were lowered in 2022, and terrific charting platforms in MT4, MT5, cTrader and FxPro Edge.” |
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| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $100 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE | FCA, CySEC, FSCA, SCB, FSA |
| Margin Trading | Yes | Yes |
| STP Account | Yes | Yes |
| ECN Account | No | No |
| DMA Account | No | Yes |
| MAM Account | No | Yes |
| PAMM Account | No | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | Yes | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | iOS, Android & Windows | iOS & Android |
| App Review | XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1,400+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand. | The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm. 2026 also brought the Discover Hub - blending features from Trading Central like Trading Signals and Economic Events into the same place. |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | Yes | No |
| Copy Trading Platform | XM offers copy trading through its intuitive app with exclusive crypto pairs. XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account. | – |
| Social Trading | Yes | No |
| Trade Signals | Yes | – |
| VPS Hosting | Yes | Yes |
| Tournaments | Yes | No |
| Demo Competitions | Yes | Yes |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $5 | $15 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | XM delivers for CFD traders with flexible leverage and a huge range of markets, including bespoke thematic indices for exposure to popular sectors like artificial intelligence. The MT4/MT5 platforms are also fast and dependable while a free VPS is available to qualifying XM traders running algo trading strategies. | FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures, expanded over the years. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. |
| Leverage | 1:1000 | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
| FTSE Spread | 1.4 | 171.63 |
| GBPUSD Spread | 0.8 | 0.6 |
| Oil Spread | 0.03 | 39 |
| Stocks Spread | 1.79 (Apple) | Variable |
| Forex Trading | ||
| Overview | XM offers a strong selection of currency pairs with no re-quotes or hidden charges, while spreads have come down over the years, now starting from 0.6 pips on the EUR/USD in the commission-free account. | FxPro offers 70+ currency pairs but no minors and stands out with its ultra-fast execution speeds and tight spreads averaging 0.45 pips on EUR/USD. Forex traders can also build test and deploy short-term trading strategies on the industry-leading MT4 software, with expert advisors (EAs) for algo trading. |
| GBPUSD Spread | 0.8 | 0.6 |
| EURUSD Spread | 0.8 | 0.45 |
| EURGBP Spread | 1.5 | 0.73 |
| Assets | 55+ | 70+ |
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| Cryptocurrency | ||
| Overview | XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can day trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 100+ crypto derivatives at some category leaders. | FxPro traders (outside the UK) can trade CFDs on over 25 popular cryptos, including Bitcoin and Ethereum as well as smaller tokens like Tron. In 2021, the broker introduced 24/7 trading on crypto, however where it stands out is its ultra-fast execution that lends it to active traders. |
| Spread | Variable | Variable |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |