Live Spreads
EUR/USD1.08452/1.08458|0.6 pips+0.12%
GBP/USD1.27341/1.27349|0.8 pips-0.05%
USD/JPY156.83200/156.84200|1.0 pips+0.24%
USD/CHF0.90412/0.90420|0.8 pips-0.08%
AUD/USD0.66542/0.66550|0.8 pips+0.18%
USD/CAD1.36352/1.36362|1.0 pips-0.03%
NZD/USD0.61245/0.61253|0.8 pips+0.09%
EUR/GBP0.85142/0.85150|0.8 pips+0.15%
XAU/USD2334.52/2334.70|1.8 pips+0.42%
XAG/USD30.45/30.48|3.0 pips+0.31%
BTC/USD67234.52/67236.52|20.0 pips+1.24%
ETH/USD3524.12/3524.82|7.0 pips+0.89%
EUR/USD1.08452/1.08458|0.6 pips+0.12%
GBP/USD1.27341/1.27349|0.8 pips-0.05%
USD/JPY156.83200/156.84200|1.0 pips+0.24%
USD/CHF0.90412/0.90420|0.8 pips-0.08%
AUD/USD0.66542/0.66550|0.8 pips+0.18%
USD/CAD1.36352/1.36362|1.0 pips-0.03%
NZD/USD0.61245/0.61253|0.8 pips+0.09%
EUR/GBP0.85142/0.85150|0.8 pips+0.15%
XAU/USD2334.52/2334.70|1.8 pips+0.42%
XAG/USD30.45/30.48|3.0 pips+0.31%
BTC/USD67234.52/67236.52|20.0 pips+1.24%
ETH/USD3524.12/3524.82|7.0 pips+0.89%
XMVSFxPro

The 1-Second Verdict

XM's bonus empire vs FxPro's institutional-grade execution. One gives you free money, the other gives you the industry's best trading toolkit.

XM

XM Trading

Est. 2009 · ASIC/CySEC Regulated

Best for traders who value aggressive bonuses, ultra-low entry barriers, and bulletproof execution during news events. Start with $5 and trade with the broker's money through generous welcome bonuses.

Claim $30 No-Deposit Bonus
FxPro

FxPro

Est. 2006 · FCA/CySEC Regulated

Built for professional traders who demand cTrader's industry-leading platform, FCA-grade regulation since 2006, and institutional liquidity from 15+ Tier-1 banks. No gimmicks — just pure execution quality.

Try cTrader Raw+ Account
Live Fire Test

Which Broker Makes You More Money?

We put both platforms through 4 real-world trading situations — scalping, small accounts, swing trading, and news events — so you can see where your strategy actually wins.

Scalping
Heavy Scalping / High-Frequency
XM
EUR/USD spread ~1.0 (Standard), 0.6 (Ultra Low)

Zero commission on Standard and Ultra Low accounts. Reliable execution with 99.35% fill rate. But no cTrader — scalpers who rely on Level 2 depth and advanced DOM are limited to MT4/MT5.

FxProFxPro Wins
EUR/USD avg 0.0-0.2 pips (Raw+), cTrader with full DOM

Raw+ account with true ECN execution through cTrader — full Depth of Market, iceberg orders, and one-click scalping. $3.50/side commission. The cTrader scalping ecosystem is unmatched by anything XM offers.

FxPro Wins for Serious Scalpers: cTrader with Level 2 DOM + Raw+ spreads from 0.0 pips is a scalper's dream setup. XM's MT4-only approach and wider spreads can't match this. At 10+ lots/day, FxPro's tooling advantage is decisive.

Beginners
Small Capital / Getting Started
XMXM Wins
$30 no-deposit bonus + $5 minimum deposit

$30 free to trade with right after verification. 100% welcome bonus up to $500 doubles your first deposit. Massive educational library with live webinars. Start with pocket change and trade with broker's money.

FxPro
No bonuses, $100 minimum deposit

Standard account starts at $100. No welcome bonuses, no deposit match, no no-deposit promotions. FxPro's philosophy is pure execution quality — they don't compete on giveaways. Educational resources are solid but less beginner-oriented.

XM Wins by a Landslide: $5 entry + $30 free + 100% deposit match. For someone testing forex with $100 or less, XM is the only choice. FxPro's $100 minimum and zero bonuses create a much higher barrier.

Swing Trading
Large Capital / Swing & Hold
XM
ASIC/CySEC regulated, standard swaps, $5 entry

Multi-regulated with solid investor protection. Standard overnight swap fees at industry average. Negative balance protection across all jurisdictions. Reliable for multi-week and multi-month position holds.

FxProFxPro Wins
FCA regulated, institutional liquidity, deep order book

UK FCA regulation with FSCS protection up to £85,000. Institutional-grade liquidity from 15+ Tier-1 banks means minimal slippage on large positions (50+ lots). FxPro serves hedge funds and family offices — it's built for big money.

FxPro Wins for Serious Capital: FCA + FSCS + institutional liquidity pool. When you're swinging 20 standard lots of EUR/USD, execution quality and fund safety matter more than bonuses. FxPro's infrastructure is built for this use case.

News Events
News Trading / High-Impact Events
XMXM Wins
99.35% execution rate, near-zero requotes

99.35% of orders executed in under 1 second. Explicit no-requote guarantee even during NFP and FOMC. Rock-solid execution with strict slippage control during black-swan events.

FxPro
Institutional fills, variable slippage during extremes

Excellent execution under normal conditions with institutional-grade liquidity. During extreme news events (NFP surprises, flash crashes), spreads widen and fills may slip 2-5 pips as market depth thins. cTrader's DOM shows exact liquidity in real-time.

XM Wins — Fear No NFP: XM's explicit no-requote guarantee + proven 99.35% fill rate during high-impact events is a safety net news traders can count on. FxPro's ECN model is transparent but can't promise zero slippage when liquidity evaporates.

Account Inventory

Every Account Type — Side by Side

XM offers 4 account types from Micro to Shares. FxPro runs 4 tiers from Standard to cTrader with full platform access across the lineup. See exactly what you get — no cherry-picking, every account shown.

4
XM Accounts
4
FxPro Accounts
XM

Micro Account

Ultra-low entry barrier

Standard Account

Spread-only — FxPro's entry tier
SpreadFrom 1.0 pip (EUR/USD)
CommissionZero commission
Min Deposit$5
Max LeverageUp to 1:1000

Contracts are 1,000 base currency units (1 micro lot). Perfect for absolute beginners who want to learn with minimal risk. Same execution quality as larger accounts — no discrimination based on account size.

Complete beginners testing the waters with pocket change
SpreadFrom 1.2 pips (EUR/USD)
CommissionZero commission
Min Deposit$100
Max LeverageUp to 1:500

FxPro's entry-level account. Zero commission with spreads from 1.2 pips on major pairs. Access to all platforms including cTrader, MT4, MT5, and FxPro Edge. A solid starting point with institutional-grade execution backbone — no dealing desk, ever.

Traders wanting FxPro's platform ecosystem at the lowest entry point
Key Features
  • Trade with as little as $5 — the industry's lowest barrier
  • 1 micro lot = 1,000 units, ideal for position sizing practice
  • Full MT4/MT5 access with all 1,000+ instruments
  • Negative balance protection included standard
  • Same spreads and execution as Standard account
Open Account Now
Key Features
  • Zero commission — straightforward spread-only pricing
  • Full cTrader + MT4 + MT5 + FxPro Edge access
  • Institutional execution quality at entry-level pricing
  • Islamic swap-free version available on request
  • All trading strategies fully permitted — no restrictions
Open Account Now
XM

Standard Account

Most popular — classic spread-only

Raw+ Account

True ECN — FxPro's flagship
SpreadFrom 1.0 pip (EUR/USD)
CommissionZero commission
Min Deposit$5
Max LeverageUp to 1:1000

XM's flagship account. 1 standard lot = 100,000 units. No commissions, just the raw spread. This is the account most XM traders use — reliable, simple, and backed by 99.35% execution rates.

The everyday trader who wants bonus perks + no commission complexity
SpreadFrom 0.0 pips, avg 0.1-0.2 (EUR/USD)
Commission$3.50 per side ($7 round-turn per lot)
Min Deposit$500
Max LeverageUp to 1:500

FxPro's most popular account — and for good reason. True ECN execution with raw interbank spreads from 0.0 pips. Full cTrader suite with Level 2 Depth of Market and iceberg orders. This is where FxPro's institutional liquidity advantage really shows.

Active scalpers and day traders who want the full cTrader ECN experience
Key Features
  • Zero commission — pay only the spread, nothing more
  • 1 standard lot = 100,000 units, full-size trading
  • Eligible for all XM bonuses including $30 no-deposit
  • Free daily market analysis and webinars
  • XMP loyalty points earned on every trade
Open Account Now
Key Features
  • Raw interbank spreads from 0.0 pips — true ECN pricing
  • $3.50/side commission — competitive mid-tier rate
  • cTrader with full DOM and advanced order types
  • Institutional liquidity from 15+ Tier-1 banks
  • FIX API available for algorithmic traders
Open Account Now
XM

Ultra Low Account

Tightest XM spreads — zero commission

Elite Account

Volume-based commission rebates
SpreadFrom 0.6 pips (EUR/USD)
CommissionZero commission
Min Deposit$50
Max LeverageUp to 1:1000

XM's answer to ECN pricing — but without commissions. Spreads start at 0.6 pips on EUR/USD, nearly half the Standard account. If you trade moderate volume (3-10 lots/day), this account saves serious spread cost over time.

Cost-aware traders wanting tight spreads without commission math
SpreadFrom 0.0 pips (EUR/USD)
Commission$3.50/side with volume rebates
Min Deposit$30,000
Max LeverageUp to 1:500

Built for professional traders moving serious volume. Commission starts at standard $3.50/side but scales down with volume-based rebates — the more you trade, the lower your effective cost per lot. Dedicated account manager, priority withdrawals, and FIX API access. At 50+ lots/month, rebates can significantly reduce your all-in trading costs.

Professional traders doing 50+ lots/month who want rebate-driven pricing
Key Features
  • Spreads from 0.6 pips — XM's tightest pure-spread offering
  • Zero commission — all cost is in the spread
  • Standard lot size (100,000 units), full-scale trading
  • Same 1,000+ instruments and platform access
  • Ideal sweet spot between Micro and high-volume accounts
Open Account Now
Key Features
  • Volume-based commission rebates — effective rate drops as volume grows
  • Dedicated personal account manager for white-glove service
  • FIX API for institutional-grade algorithmic trading
  • Priority withdrawals — processed within same business day
  • Custom leverage and risk parameter configuration
Open Account Now
XM

Shares Account

Real stock CFDs — zero commission

cTrader Account

Dedicated ECN — raw spreads + cTrader
SpreadExchange-level real stock spreads
CommissionPer-share commission (varies by exchange)
Min Deposit$10,000
Max LeverageNo leverage

Not a forex account — this is for stock investors. Trade 1,200+ global stocks with exchange-grade pricing. Commissions are charged per share and vary by exchange market. You receive dividend adjustments on long positions. No leverage means you're trading at full notional value.

Stock investors wanting real exchange access, not CFD exposure
SpreadFrom 0.0 pips, avg 0.0-0.2 (EUR/USD)
Commission$3.50 per side ($7 round-turn per lot)
Min Deposit$100
Max LeverageUp to 1:500

FxPro's dedicated ECN account built exclusively for the cTrader platform. Raw interbank spreads from 0.0 pips with transparent $35/million commission. Purpose-built for scalpers and algorithmic traders who demand full Depth of Market, iceberg orders, and one-click trading — all inside cTrader's professional ecosystem.

Active scalpers and cTrader loyalists who want the full ECN experience
Key Features
  • Trade 1,200+ global stocks across US, UK, EU exchanges
  • Exchange-grade pricing with transparent per-share commissions
  • Dividend rights included on long positions
  • Access to US, UK, EU, and Asian stock exchanges
  • Actual share trading — different from index CFDs
Open Account Now
Key Features
  • Exclusively on cTrader platform — built for pro scalping workflow
  • Raw interbank spreads from 0.0 pips with full Level 2 DOM
  • Transparent $35/million commission ($3.50/side per lot)
  • Iceberg orders, one-click trading, advanced order types
  • cAlgo (C#) for custom indicators and automated trading bots
Open Account Now
XM

Shares Account

Real stock CFDs — zero commission
SpreadExchange-level real stock spreads
CommissionPer-share commission (varies by exchange)
Min Deposit$10,000
Max LeverageNo leverage

Not a forex account — this is for stock investors. Trade 1,200+ global stocks with exchange-grade pricing. Commissions are charged per share and vary by exchange market. You receive dividend adjustments on long positions. No leverage means you're trading at full notional value.

Stock investors wanting real exchange access, not CFD exposure
No Equivalent FxPro Account

FxPro does not offer physical stock trading — all stock exposure is through CFDs only. To trade 1,200+ global stocks with exchange pricing and dividend rights, XM Shares is uniquely positioned.

Key Features
  • Trade 1,200+ global stocks across US, UK, EU exchanges
  • Exchange-grade pricing with transparent per-share commissions
  • Dividend rights included on long positions
  • Access to US, UK, EU, and Asian stock exchanges
  • Actual share trading — different from index CFDs
Open Account Now

How to Pick the Right Account in 30 Seconds

Under $100 budget? XM Micro or Standard — $5 entry with zero commissions, no competition here. Medium budget? XM Ultra Low — spreads from 0.6 pips, zero commission, and $5 minimum. Sweet spot for cost-conscious traders who don't want commission math. 50+ lots/month? FxPro Elite with volume rebates — effective commission drops as volume scales, backed by FCA protection.

The Real Deal

What Nobody Tells You About These Brokers

Every broker has strengths they brag about and weaknesses they hide. We lay out both sides honestly — because trust comes from transparency, not sugarcoating.

XM

XM: The Good & The Bad

Where XM Shines
  • $30 no-deposit bonus + 100% welcome bonus up to $500. Trade with the broker's money before risking your own.

  • 99.35% order execution rate in under 1 second. Virtually zero requotes even during major news events.

  • Ultra Low account with zero commissions and spreads from 0.6 pips. Pure spread model, no hidden fees.

  • ASIC, CySEC, FSC multi-regulated. Segregated client funds and negative balance protection for maximum security.

  • Free VPS for EA traders + XMP loyalty points on every trade. Trade more, earn back more.

Room for Improvement
  • Standard account spreads are average at 1.0 pip. Without bonuses, XM isn't the cheapest on raw spread cost alone.

  • No cTrader support. Scalpers and professional traders who rely on Depth of Market and advanced order types are limited to MT4/MT5.

  • Bonus terms come with trading volume requirements. The free money isn't withdrawable until you trade enough lots.

FxPro

FxPro: The Good & The Bad

Where FxPro Shines
  • cTrader platform with full Depth of Market, iceberg orders, and one-click trading. The industry gold standard for professional scalping.

  • UK FCA regulation since 2006 with FSCS protection up to £85,000. One of the most established and trusted brokers in the industry.

  • Institutional-grade liquidity from 15+ Tier-1 banks including Barclays, JPMorgan, and UBS. Massive order book means tight fills at any size.

  • FxPro Edge — proprietary platform with advanced charting, custom indicators, and multi-asset trading in one interface.

  • No restrictions on trading strategies. Scalping, hedging, algorithmic trading, and news trading all fully permitted on all accounts.

Room for Improvement
  • Zero bonuses, zero deposit promotions, zero loyalty rewards. FxPro doesn't believe in giveaways — you pay for execution quality and nothing else.

  • $100 minimum deposit across all accounts. Significantly higher barrier than XM's $5. Beginners with small budgets are effectively priced out.

  • Spreads widen noticeably during major news events (NFP, FOMC). ECN model is transparent but can't match XM's guaranteed execution during chaos.

Account Face-Off

Pick the Wrong Account — Lose Thousands

Most beginners sign up for the default account and bleed money on wide spreads or unnecessary commissions. We match XM and FxPro flagship accounts head-to-head so you start with the right one from day one.

The Low-Cost Battle: Who Gives You More Per Dollar?

XM Ultra Low Account vs FxPro Raw+ Account — pure economics, no marketing spin

XM

XM Ultra Low

Zero commission + tight spreads
Spread
EUR/USD from 0.6 pips
Commission
Zero commission
Min Deposit
$50
Leverage
1:1000
  • Zero commission pure spread model
  • Lowest cost for swing & medium-frequency
  • $50 entry barrier
  • 1,000+ instruments
FxPro

FxPro Raw+

True ECN with cTrader Level 2 depth
Spread
EUR/USD from 0.0 pips, avg 0.1-0.2
Commission
$3.50/side ($7/lot round-turn)
Min Deposit
$500
Leverage
1:500
  • cTrader with full Depth of Market
  • Raw interbank spreads from 0.0 pips
  • Institutional liquidity from 15+ Tier-1 banks
  • No trade restrictions — all strategies allowed

The math is deceptive: XM Ultra Low at 0.6 pips costs ~$6/lot (pure spread). FxPro Raw+ at 0.1 avg + $7 commission costs ~$8/lot. At low volume (1-3 lots/day), XM is actually cheaper — and the $50 entry barrier vs FxPro's $500 makes it far more accessible. But above 10 lots/day, FxPro's tighter raw spreads + cTrader tools create value beyond raw cost. The real question: do you need cTrader's professional tooling? If yes, FxPro wins. If not, XM Ultra Low saves you money.

The Big League: Professional & High-Net-Worth

XM Shares Account vs FxPro Elite Account — which platform handles serious money better?

XM

XM Shares

Real stock CFDs, zero commission
Spread
Exchange-level real stock spreads
Commission
Zero commission
Min Deposit
$10,000
Leverage
None (physical stock CFD)
  • Commission-free stock trading on 1,200+ stocks
  • Exchange-grade real pricing, no markup
  • Dividend rights included on long positions
  • Ideal for large capital stock allocation
FxPro

FxPro Elite

Volume rebates — cost drops with volume
Spread
From 0.0 pips (all majors)
Commission
$3.50/side with volume rebates
Min Deposit
$30,000
Leverage
1:500
  • Volume-based commission rebates reduce effective cost
  • Dedicated account manager, priority support
  • FIX API for institutional algo trading
  • Custom leverage and risk parameters

Two completely different animals. XM Shares targets stock CFD investors — if you want commission-free stock exposure with dividend rights, there's no competition here. FxPro Elite targets high-volume forex traders — at 50+ lots/month, volume rebates can push effective commission well below standard ECN rates. If you trade forex with serious money, FxPro Elite's rebate structure + FCA protection is the professional choice. For equity investors, XM Shares is the only game in town.

Beyond Spreads

Platforms, Copy Trading & Developer Tools

Spreads are just the entry fee. The real difference is in platform quality — and FxPro's cTrader + FxPro CopyTrade ecosystem is on a completely different level from XM's MT4-only approach.

Trading Platform Options
XM7/10
MT4 + MT5 only

Full MT4 and MT5 support with MQL community signals. TradingView integration for chart analysis. No proprietary platform and no cTrader — professional traders are limited to MetaTrader ecosystem.

FxPro9.5/10
MT4 + MT5 + cTrader + FxPro Edge

The most complete platform lineup in the industry. cTrader with full Level 2 DOM for scalpers. FxPro Edge proprietary platform for multi-asset trading. MetaTrader suite for EA traders. Something for everyone.

Copy Trading Ecosystem
XM5.5/10
MQL5 Community Signals

Copy trading primarily through MQL5 community signals. No dedicated proprietary copy trading platform. Functional but not specialized — you're browsing a marketplace rather than a curated platform.

FxPro8.5/10
FxPro CopyTrade — Dedicated Platform

Purpose-built copy trading platform with transparent provider profiles, verified track records, and real-time performance metrics. Copy multiple strategies simultaneously with granular risk controls.

Mobile App Experience
XM7/10
Standard MT4/MT5 Mobile

Relies entirely on MetaTrader mobile apps. Solid for order management and basic charting. But no proprietary mobile experience — you get what MetaQuotes provides and nothing more.

FxPro9/10
cTrader Mobile + FxPro App + MT Apps

cTrader's mobile app is widely considered the best in forex — full DOM, advanced order types, and clean design. Plus FxPro's proprietary app for account management. Three mobile options, each purpose-built.

API & Automation Support
XM7/10
MQL4/MQL5 Standard API

Full MQL4/MQL5 support with rich community resources. Free VPS for qualifying EA traders. But no standalone REST API or FIX API — automation is limited to the MetaTrader ecosystem.

FxPro9.5/10
cAlgo + FIX API + MQL Suite

cTrader's cAlgo (C#) for custom indicators and bots. FIX API for institutional-grade sub-millisecond execution. Plus full MQL support for MetaTrader. The most complete automation toolkit available.

Free Money Guide

Bonuses vs Platform Power — What Really Matters?

XM throws free money at you. FxPro gives you cTrader, institutional liquidity, and FCA security. Which one actually adds more to your bottom line over a year of trading?

XM

XM's Bonus Empire

Bonus King

$30 No-Deposit Bonus

Claim it right after verification. Trade real markets without depositing a cent first. The ultimate risk-free test drive.

Loyalty Points Program (XMP)

Earn points on every trade. Redeem for cash or bonus credit. The more you trade, the more you earn back — effectively lowering your spread costs.

Free VPS Service

Qualify with minimum deposit and volume requirements. Perfect for traders running EAs 24/7 without keeping their PC on.

100% Welcome Deposit Bonus

Double your first deposit up to $500. Deposit $500, trade with $1,000. The most aggressive bonus in the industry.

FxPro

FxPro's Platform Arsenal

Platform Power

cTrader — The Professional's Platform

Full Depth of Market, iceberg orders, one-click trading, and advanced charting. cTrader is the platform professional scalpers and algorithmic traders choose over MT4/MT5. FxPro is one of the few brokers offering it with full ECN execution.

FCA Regulation + FSCS Protection

Regulated by the UK FCA since 2006 — one of the longest track records in forex. FSCS protection up to £85,000 for UK clients. Funds held in segregated accounts at Barclays and other Tier-1 banks.

Institutional-Grade Liquidity

Connected to 15+ Tier-1 liquidity providers including Barclays, JPMorgan, UBS, and Goldman Sachs. Massive order book means better fills, less slippage, and tighter pricing — especially for large orders.

24/5 Multilingual Support + Dedicated Managers

Award-winning customer support available 24/5 in 20+ languages. Elite and high-volume clients get dedicated personal account managers. Phone, email, and live chat with average response under 30 seconds.

Crash Test

When Markets Go Crazy — Who Protects Your Money?

NFP Friday. FOMC minutes. Flash crashes. This is when shady brokers widen spreads or reject orders. Here's how XM and FxPro actually handled real-world chaos.

Metric
XM Defense
FxPro Defense
Winner
Order Execution (News Events)

99.35% of orders executed in under 1 second. Explicit no-requote guarantee. Rock-solid during NFP, FOMC, and black-swan market events.

Institutional ECN fills under normal conditions. During extreme volatility, cTrader's DOM shows real-time depth and spreads widen to reflect market conditions. No explicit no-requote guarantee — fills reflect real liquidity.

Slippage Management

Strict slippage control with guaranteed fills at requested price or better. XM absorbs minor slippage internally rather than passing it to traders.

ECN model means fills reflect real market conditions. Positive slippage possible (price improvement), negative also occurs during fast markets. Full transparency — you see exactly what happened in your trade history.

Leverage Stability During Crises

Leverage parameters remain stable during extreme conditions. Traders can rely on pre-set risk parameters without surprise adjustments.

Leverage is generally more conservative (max 1:500 vs XM's 1:1000). During black-swan events, FxPro may temporarily reduce leverage on certain instruments as a risk management measure — but communicates changes proactively.

Fund Security & Compensation

Segregated client funds and negative balance protection across all jurisdictions. Solid multi-jurisdiction regulatory framework.

FCA regulation since 2006 provides FSCS compensation up to £85,000 for UK clients. Funds segregated at Barclays. One of the longest unblemished regulatory records in the industry (18+ years).

Smart Quiz

Still Undecided?

Your capital size. Your trading style. Your priorities. Tell us these things and we'll recommend whether XM or FxPro fits you better.

What's your starting capital?

So Which One Is It?

You've seen the data. You know the trade-offs. XM for bonuses and low entry. FxPro for cTrader, institutional liquidity, and 18+ years of FCA trust. Now pick your side.