XM.com vs FxPro
Choosing between XM.com and FxPro is a common decision for forex traders in Africa. In our analysis, FxPro scores 87/100 on our Hub Score compared to XM.com's 84/100. For traders with limited starting capital, XM.com has a lower entry point at $5. Below is a detailed, data-driven comparison across fees, regulation, platforms, and more to help you decide which broker fits your trading style.
Quick Verdict
Based on our Hub Score analysis, FxPro scores higher overall with 87/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.
XM.com
FxPro
| Feature | XM.com | FxPro |
|---|---|---|
| Hub Score | 84/100 | 87/100 |
| Min. Deposit | $5 | $100 |
| Spreads | From 0.6 pips (Standard), 0.0 pips (Zero) | From 0.0 pips |
| Max Leverage | 1:1000 | 1:500 |
| Regulation | CySEC, DFSA, FSCA, FSC | CySEC, FCA, DFSA, FSCA, SCB, FSC Mauritius |
| Platforms | MetaTrader 4, MetaTrader 5, XM Mobile App, WebTrader | MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge |
| Account Types | Micro, Standard, XM Ultra Low, XM Zero | Standard, Raw+, Elite |
| Trading Instruments | Forex, Stock CFDs, Commodities, Indices, Precious Metals, Energies, Cryptocurrencies | Forex, Indices, Commodities, Shares, ETFs, Crypto |
| Founded | 2009 | 2006 |
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
Pros
- Very low $5 entry barrier for all traders
- Guaranteed execution with zero order rejections
- 1,400+ tradable markets including Turbo Stocks
- Free high-speed VPS for active clients
- Award-winning 24/7 multilingual support
Cons
- Limited platform options
- Higher spreads from 0.6 pips
- No proprietary advanced tools
- Limited educational content for professionals. Aggressive inactivity fee starts after only 90 days
- Lacks a proprietary desktop-native trading platform
- Standard account spreads are higher than ECN rivals
Pros
- Superior NDD execution with no dealer intervention
- Full suite of platforms including cTrader and MT5
- FxPro Wallet for segregated capital risk management
- Tier-1 liquidity with ultra-fast order filling
- No internal fees on deposits or withdrawals
Cons
- Higher minimum deposit $100
- Limited crypto offerings
- No proprietary trading tools
- Spreads not the tightest available
Which broker has lower spreads, XM.com or FxPro?
XM.com offers spreads from From 0.6 pips (Standard), 0.0 pips (Zero), while FxPro offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for XM.com vs FxPro?
XM.com requires a minimum deposit of $5, while FxPro requires $100.
Is XM.com or FxPro better regulated?
XM.com is regulated by CySEC, DFSA, FSCA, FSC, while FxPro is regulated by CySEC, FCA, DFSA, FSCA, SCB, FSC Mauritius. Always verify regulation status directly with the relevant authority.
Which is better for beginners, XM.com or FxPro?
XM.com is marked as beginner-friendly. FxPro is also beginner-friendly. Consider factors like minimum deposit, educational resources, and platform ease of use.
Disclaimer: This comparison is based on publicly available information and our independent analysis. Broker offerings, fees, and regulatory status can change at any time. Always verify current conditions directly with the broker before opening an account. Trading forex involves significant risk of loss and is not suitable for all investors.