| Feature | XM Trading | FxPro |
|---|---|---|
| Founded | 2009 | 2006 |
| Regulation | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), IFSC (Belize) | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
| Minimum Deposit | $5 | $100 |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Edge |
| Account Types | Micro, Standard, Ultra-Low, Zero, Islamic (Swap-Free) | Standard, Raw+, Elite, Islamic (Swap-Free) |
| Spreads | From 0.6 pips (Ultra-Low Account) | From 0.1 pips (Raw+ Account) |
| Commission Fees | None on most accounts; $3.50 per lot per side on Zero Account | $3.50 per lot per side on Raw+ Account |
| Leverage | Up to 1:1000 (varies by entity and instrument) | Up to 1:500 (varies by entity and instrument) |
| Tradable Instruments | 1,395+ including Forex, Commodities, Indices, Stocks, Cryptocurrencies | 2,120+ including Forex, Commodities, Indices, Stocks, Cryptocurrencies |
| Deposit & Withdrawal Methods | Bank Transfer, Credit/Debit Card, Neteller, Skrill, UnionPay, WebMoney, XM Card, M-Pesa | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, FxPro Wallet |
| Customer Support | 24/5 via Live Chat, Email, Phone; 25 languages supported | 24/5 via Live Chat, Email, Phone; 27 languages supported |
| Educational Resources | Webinars, Seminars, Video Tutorials, Daily Market Analysis | Webinars, Video Tutorials, Market Analysis, Trading Tools |
| Additional Features | VPS Hosting, Loyalty Program, No Re-quotes Policy | VPS Hosting, No Dealing Desk (NDD) Execution, Proprietary Trading Platform (FxPro Edge) |
| Order Execution | Market Execution, No Requotes, No Rejections | No Dealing Desk (NDD), Market Execution |
| Execution Speed | ~0.01 seconds | ~0.02 seconds |
| Trading Instruments per Category | 55+ Forex pairs, 1000+ Stocks, 15+ Commodities, 30+ Indices, 5+ Cryptocurrencies | 70+ Forex pairs, 2,000+ Stocks, 10+ Commodities, 30+ Indices, 5+ Cryptocurrencies |
| Hedging & Scalping Allowed? | Yes | Yes |
| Copy Trading & Social Trading | No built-in copy trading, but available through third-party services like MQL5 | Offers copy trading through FxPro’s third-party integrations |
| Negative Balance Protection | Yes | Yes |
| Fractional Lot Trading | Yes | Yes |
| Custom Trading Tools | Forex Calculators, Trade Signal Alerts, Economic Calendar, Market Sentiment Tools | Advanced Trading Tools, Economic Calendar, Trading Central, Market Sentiment Indicators |
| Automated Trading Support | Expert Advisors (EAs) supported on MT4 & MT5 | Expert Advisors (EAs) on MT4 & MT5, cTrader’s cAlgo for algorithmic trading |
| Mobile Trading Apps | Available for iOS & Android (MT4, MT5) | Available for iOS & Android (MT4, MT5, cTrader, FxPro Edge) |
| Swap-Free Accounts | Available for Islamic traders | Available for Islamic traders |
| Bonus & Promotions | Frequent deposit bonuses, loyalty programs (availability depends on region) | No bonuses due to strict regulatory compliance |
| Deposit Processing Time | Instant for most methods | Instant for most methods |
| Withdrawal Processing Time | 24 hours for most methods | 1 business day for most methods |
| Account Base Currencies | USD, EUR, GBP, AUD, JPY, CHF, HUF, PLN, ZAR | USD, EUR, GBP, AUD, JPY, CHF, ZAR |
| Corporate & Professional Accounts | Yes | Yes |
| Multilingual Support | 25+ languages | 27+ languages |
| VIP or Premium Services | VIP Trading Conditions for High-Volume Traders | VIP Accounts with Lower Spreads & Custom Trading Conditions |
| Regulatory Restrictions on Promotions | Some bonuses not available in EU/Australia due to regulations | No bonuses available due to FCA & CySEC rules |
| Company Headquarters | Cyprus | UK |
| Investor Protection | Compensation up to €20,000 (CySEC), Negative Balance Protection | Compensation up to £85,000 (FCA), Negative Balance Protection |
| Margin Call & Stop-Out Levels | Margin Call at 50%, Stop-Out at 20% (varies by jurisdiction) | Margin Call at 50%, Stop-Out at 30% (varies by jurisdiction) |
| Trading Hours | 24/5 for Forex, Different Hours for Other Assets | 24/5 for Forex, Different Hours for Other Assets |
| Slippage Policy | No Requotes, Market Execution | No Dealing Desk (NDD), Slippage Possible |
| Market Depth (Level 2 Data) | Not provided | Available on cTrader |
| ECN/STP Execution Model | No ECN Accounts, Uses STP | STP & ECN Model via cTrader |
| Guaranteed Stop-Loss Orders (GSLOs) | Not available | Not available |
| One-Click Trading | Yes | Yes |
| Trailing Stop Orders | Yes | Yes |
| Pending Order Types | Buy Stop, Sell Stop, Buy Limit, Sell Limit | Buy Stop, Sell Stop, Buy Limit, Sell Limit |
| Swap Rates Transparency | Swap rates visible in MT4/MT5 | Swap rates visible in MT4/MT5 and cTrader |
| Advanced Order Types | Standard Orders, No Conditional Orders | Standard Orders, Conditional Orders on cTrader |
| Account Verification Time | 24 hours on average | 24-48 hours on average |
| Micro Lot Trading (0.01 Lots) | Yes | Yes |
| Deposit Fees | No deposit fees | No deposit fees |
| Withdrawal Fees | No fees for most withdrawals | Bank wire withdrawals may have fees |
| Currency Conversion Fees | Applies when depositing in non-account currency | Applies when depositing in non-account currency |
| Rebate Program | Available for eligible traders | Not available |
| Deposit Bonus Availability | Available in some jurisdictions | Not available due to FCA & CySEC regulations |
| Spread Betting | Not available | Available for UK traders |
| Trade Execution Type | Market Execution | Market Execution, No Dealing Desk (NDD) |
| Latency (Order Execution Speed) | 1 millisecond average | 1-2 milliseconds average |
| Liquidity Providers | Tier 1 Banks, Liquidity Aggregators | Tier 1 Banks, Multiple Liquidity Providers |
| Server Locations | Equinix Data Centers (London, New York) | Equinix Data Centers (Amsterdam, London, New York) |
| API Trading | Not supported | Supported via cTrader API |
| MAM/PAMM Accounts | Available for money managers | Available for professional money managers |
| Demo Account Expiry | No expiry for standard demo accounts | Expires after 30 days unless actively used |
| Competitions & Contests | Trading competitions available in certain jurisdictions | No trading competitions |
| Personal Account Manager | Available for high-volume traders | Available for high-volume traders |
| Social Media & Community Engagement | Active on Facebook, Twitter, YouTube, Telegram | Active on Facebook, Twitter, YouTube, Telegram |
| Sponsorships & Brand Ambassadors | Official sponsor of Usain Bolt (former sponsorship) | Official sponsor of McLaren Formula 1 Team |
| Security Features | Two-Factor Authentication (2FA), Secure Client Area | Two-Factor Authentication (2FA), Secure Client Area |
| Funds Segregation | Client funds held in segregated accounts | Client funds held in segregated accounts |
| Audited by Third Parties | Yes, audited for regulatory compliance | Yes, audited by external firms |
| Local Offices & Support | Offices in multiple countries | Offices in multiple countries |
| VIP Services | Higher leverage, premium support, exclusive market insights | Lower spreads, premium support, exclusive market insights |
XM Trading offers low minimum deposits and higher leverage, while FxPro provides a broader range of trading platforms and assets. Both brokers have strong regulations, but FxPro excels in advanced trading tools and execution speed.