FxPro vs XM
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
Standard, Raw+, Elite and cTrader accounts from a broker that has been on Bloomberg for a decade.
Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.
| Detail | FxPro | XM |
|---|---|---|
| Regulation | FxPro UK Limited, FCA · FxPro Financial Services Ltd, CySEC and FSCA · FxPro Global Markets Ltd, SCB Bahamas | XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021) |
| Minimum Deposit | — | $5 (Standard, Ultra Low) · $10,000 (Shares) |
| Max Leverage | 1:Unlimited (their stated maximum) | — |
| Spread From | Standard from 1.2 pips · Raw+ zero spread for 90%+ of the day · cTrader from 0.2 | — |
| Commission | Raw+: max $3.50 per lot per side · cTrader: $35 per $1 million traded · Standard: none | — |
| Platforms | FxPro Trading Platform, TradingView, MetaTrader 4, MetaTrader 5, cTrader | MetaTrader 4, MetaTrader 5, XM App |
| Account Types | Standard, Raw+, Elite, cTrader | Standard, Ultra Low, Shares |
| Founded | 2006 | — |
What the figures say
- XM publishes its minimum deposit ($5 (Standard, Ultra Low) · $10,000 (Shares)); FxPro does not state one on the pages we read.
- FxPro publishes its max leverage (1:Unlimited (their stated maximum)); XM does not state one on the pages we read.
- FxPro publishes its spread from (Standard from 1.2 pips · Raw+ zero spread for 90%+ of the day · cTrader from 0.2); XM does not state one on the pages we read.
- FxPro publishes its commission (Raw+: max $3.50 per lot per side · cTrader: $35 per $1 million traded · Standard: none); XM does not state one on the pages we read.
- Account Types: FxPro lists Standard, Raw+, Elite, cTrader; XM lists Standard, Ultra Low, Shares.
- FxPro also lists Shares, Energy, Crypto, Futures, Metals, ETFs.
- XM also lists Commodities, Stocks.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
FxPro: why traders choose it
- Standard account: floating FX spreads from 1.2 pips on MT4/MT5 with micro lots
- Raw+ account: zero spread for more than 90% of the trading day, commission capped at $3.50 per lot per side
- Elite account: Raw+ pricing plus rebates of up to 21% of commissions
- cTrader account: spreads from 0.2 with $35 per $1 million traded
- Stop-out at 0% and leverage described as 1:Unlimited on their site
- Featured on Bloomberg TV for more than ten years
XM: why traders choose it
- Standard and Ultra Low accounts open from $5
- Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
- A separate Shares account for buying stock, from $10,000
- Bonuses on the Standard account, described by XM as boosting trading power
- Copy trading, trading competitions and a loyalty club run alongside the accounts
FxPro pros
- Four genuinely different pricing models, including a per-million commission on cTrader that suits large tickets
- Regulated by the FCA in the UK as well as CySEC, the FSCA and the SCB
- Their own platform sits alongside TradingView, MT4, MT5 and cTrader
FxPro cons
- Minimum deposits are not on the accounts page; they appear during registration
- Unlimited leverage and a 0% stop-out belong to the offshore entity, not the FCA or CySEC ones
- The Elite rebate needs volume to matter
XM pros
- One of the lowest entry points anywhere at $5
- The Ultra Low account gives a cheaper option without a commission model to learn
- MetaTrader 4 and 5 plus their own app, so nothing unfamiliar
XM cons
- The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
- Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
- Bonuses come with their own terms, which are worth reading before taking one
About FxPro
FxPro, founded in 2006, offers Standard, Raw+, Elite and cTrader accounts across its own platform, TradingView, MetaTrader 4 and 5 and cTrader. The group is regulated by the FCA in the UK, CySEC in Cyprus, the FSCA in South Africa and the SCB in the Bahamas.
About XM
XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.