Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
FxPro
⭐ 4.5 / 5
VS
XM
⭐ 4.5 / 5
FxPro vs XM — which broker is better in 2026?
We compared FxPro and XM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.
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| FxPro | XM | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.5 / 5 | Tie |
| Regulators | CySEC, FCA, FSCA, SCB | CySEC, ASIC, IFSC, DFSA | Tie |
| Min. deposit | $100 | $5 | XM |
| Spreads from | 0.3 pips (cTrader Raw) | 0.6 pips (Ultra Low) | FxPro |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:1000 (offshore) | — |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5, XM WebTrader, XM Mobile | Tie |
| Founded | 2006 | 2009 | — |
| HQ | Limassol, Cyprus | Limassol, Cyprus | — |
Pros & cons compared
FxPro pros
- ✓ Multi-platform: MT4, MT5, cTrader and proprietary FxPro Edge
- ✓ Tier-1 regulation under CySEC and FCA
- ✓ No-Dealing-Desk execution model — no requotes
- ✓ Cyprus-headquartered with strong EU + MENA presence
- ✓ Negative balance protection across all entities
Cons
- ✗ Higher minimum deposit ($100) than budget brokers
- ✗ EU leverage capped at 1:30 for retail clients (ESMA rules)
- ✗ Inactivity fee after 6 months of dormancy
XM pros
- ✓ $5 minimum deposit — the lowest in the regulated peer group
- ✓ Industry-leading educational content (XM Live webinars, daily research)
- ✓ Multi-jurisdictional regulation: CySEC, ASIC, IFSC, DFSA
- ✓ Strong MENA presence with Arabic platform + local payment methods
- ✓ Negative balance protection on all account types
Cons
- ✗ Spreads on Standard account (1.6+ pips) are uncompetitive vs ECN brokers
- ✗ EU leverage capped at 1:30 retail (ESMA rules)
- ✗ Limited cTrader availability — MT4/MT5 only
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Which one should you choose?
Choose XM if you want…
Beginners, low-deposit traders, and education-focused traders, especially in MENA and Asia.
Frequently asked questions
Which is better — FxPro or XM?
FxPro and XM are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.
Is FxPro more regulated than XM?
FxPro holds licenses from: CySEC, FCA, FSCA, SCB. XM holds licenses from: CySEC, ASIC, IFSC, DFSA. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at FxPro vs XM?
FxPro spreads start from 0.3 pips (cTrader Raw). XM spreads start from 0.6 pips (Ultra Low). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FxPro or XM?
FxPro: $100. XM: $5. XM has the lower entry barrier.