FxPro vs XM (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FxPro

Trust rank #17 · Founded 2006

FxPro forex broker provides access to a broad range of forex and CFD markets on popular trading platforms, with an emphasis on order execution and risk management tools.

Read the FxPro review

XM

Trust rank #26 · Founded 2009

XM is a well-regarded forex and CFD broker providing online access to multiple markets on widely used platforms, along with research tools, education, and multilingual support.

Read the XM review

FxPro (United Kingdom, founded 2006) holds 4 regulatory licences (CySEC, FCA, FSCA, SCB), 1 of them tier-1, offers cTrader, MT4, MT5, Proprietary and sits in our low-fee bracket. XM (Cyprus, founded 2009) holds 5 regulatory licences (ASIC, CySEC, DFSA, FCA, IFSC), 2 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. The two overlap in 229 countries; FxPro is available in 1 countries where XM is not, and XM in 0 where FxPro is not.

Verdict at a glance

  • FxPro leads on trust rank, track record, platform choice and country coverage.
  • XM leads on regulatory coverage and tier-1 licences.
  • Level on instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FxPro vs XM: side-by-side data

CriteriaFxProXM
Trust rank#17#26
Founded20062009
HeadquartersUnited KingdomCyprus
RegulatorsCySEC, FCA, FSCA, SCBASIC, CySEC, DFSA, FCA, IFSC
Broker typeECN, STPMarket Maker, STP
PlatformscTrader, MT4, MT5, ProprietaryMT4, MT5
InstrumentsCommodities, Forex, Indices, MetalsCommodities, Forex, Indices, Metals
Countries accepted230 countries229 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FxPro

  • Multi-Jurisdiction Regulation (FCA, CySEC, FSCA, SCB)
  • MT4/MT5/cTrader + Proprietary Platforms
  • No Dealing Desk Execution & Deep Liquidity
  • Negative Balance Protection & Segregated Funds
  • FIX API, cTrader Open API & VPS for Algo Trading

XM

  • CySEC and ASIC regulation
  • Low $5 minimum deposit
  • MT4/MT5 platform support (desktop/web/mobile)
  • Negative balance protection
  • Low-spread account options (commission-free and commission-based)

Cons

FxPro

  • Not available to U.S. clients
  • Pricing not the lowest (spreads/commissions)
  • No guaranteed stop-loss orders (GSLO)
  • Inactivity fee on dormant accounts
  • ESMA 1:30 leverage cap under EU/UK regulation

XM

  • Offshore regulation via IFSC Belize
  • CFDs only (no real stocks/ETFs ownership)
  • MT4/MT5 only; no proprietary platform
  • Inactivity fee applies
  • No ECN/DMA accounts

Key features

FxPro

  • Multi Platform Trading MetaTrader 4 MetaTrader 5 cTrader FxPro Platform
  • No Dealing Desk Market Execution Deep Liquidity
  • Multi Jurisdiction Regulation FCA CySEC FSCA SCB Segregated Funds Negative Balance Protection
  • Broad CFD Instrument Coverage Forex Indices Shares Metals Energies Futures
  • Algorithmic and Copy Trading EAs cBots cTrader Copy VPS
  • Integrated Tools Economic Calendar Market News Advanced Charting Price Alerts

XM

  • Multi asset CFD trading Forex Indices Commodities Equities Metals Energies
  • MetaTrader 4 and MetaTrader 5 with algorithmic trading and VPS support
  • Negative balance protection and segregated client funds
  • Multi jurisdiction regulation CySEC ASIC DFSA IFSC
  • Multiple account types Micro Standard Ultra Low with tight spreads
  • Market execution low latency and high fill rates with no requotes

Country availability: FxPro vs XM

Available at both (229): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China and 189 more.

Only FxPro (1): Israel.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FxPro vs XM: common questions

Which broker is more regulated, FxPro or XM?

XM holds more regulatory licences: FxPro (CySEC, FCA, FSCA, SCB) versus XM (ASIC, CySEC, DFSA, FCA, IFSC). Tier-1 licences: FxPro 1, XM 2.

Which trading platforms do FxPro and XM offer?

FxPro offers cTrader, MT4, MT5, Proprietary; XM offers MT4, MT5.

Which has lower fees, FxPro or XM?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FxPro or XM?

FxPro is the older of the two, founded in 2006; XM was founded in 2009.

Are FxPro and XM available in the same countries?

They overlap in 229 countries. FxPro is additionally available in 1 countries (Israel) and XM in 0 countries ().

Keep comparing

FxPro

XM

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.