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FOREX.com vs XM Group 2026

A detailed head-to-head comparison of FOREX.com and XM Group across regulation, trading costs, platforms, and more.

FOREX.com logo - BrokerAudit
FOREX.com

Est. 2001 · Warren, New Jersey, United States

CFTC/NFAFCAASIC
78.7/100
Good
XM Group logo - BrokerAudit
XM Group

Est. 2009 · Limassol, Cyprus

CySECASICDFSA
80.2/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
FOREX.comXM Group

Category-by-Category Winner

Category
FOREX.com
XM Group
Regulation & Trust
92
78
Trading Costs
65
72
Platforms & Tools
80
72
Account Conditions
72
90
Deposit & Withdrawal
78
88
Customer Support
75
85
Education & Research
82
92
Overall Score
78.7
80.2

Detailed Comparison

Overview

Year Founded
2001
2009
Headquarters
Warren, New Jersey, United States
Limassol, Cyprus
Publicly Listed
Top Regulators
CFTC/NFA, FCA, ASIC
CySEC, ASIC, DFSA
Total Instruments
5,500
1,400

Trading Costs

EUR/USD Spread
1.30 pips
0.80 pips
GBP/USD Spread
1.80 pips
1.30 pips
USD/JPY Spread
1.30 pips
1.00 pips
Min. Deposit
$100
$5
Commission/Lot
$5.00
$7.00
Inactivity Fee
$15/month after 12 months
$15/month after 90 days

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
80
57
CFD Stocks
4,500
1,300
Indices
15
29
Commodities
10
15
Crypto CFDs
8
31

FOREX.com vs XM Group: Our Analysis

Overall Verdict

With an overall score of 80.2/100 vs 78.7/100, XM Group is nearly identical to FOREX.com by 1.5 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, FOREX.com offers an average spread of 1.30 pips with a $5.00 round-turn commission, while XM Group comes in at 0.80 pips with a $7.00 commission. XM Group offers tighter pricing on EUR/USD. Minimum deposit is $100 at FOREX.com and $5 at XM Group.

Regulation & Safety

FOREX.com holds 4 regulatory licenses with a highest tier of Tier 1 (CFTC/NFA, FCA, ASIC), while XM Group has 5 licenses at Tier 1 (CySEC, ASIC, DFSA). XM Group has more regulatory licenses overall.

Platform Comparison

FOREX.com offers MT4, MT5, TradingView, FOREX.com Advanced Platform — uniquely offering TradingView, FOREX.com Advanced Platform which XM Group does not have. XM Group supports MT4, MT5, XM App, with exclusive access to XM App. FOREX.com provides a wider platform selection.

Who Should Choose Which?

FOREX.com suits traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range, while XM Group is better for cost-conscious traders, beginners seeking education. If copy trading matters, XM Group has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, XM Group scores higher overall at 80.2/100 compared to FOREX.com's 78.7/100. However, "better" depends on your priorities — FOREX.com may be superior in specific categories like regulation.

XM Group offers tighter spreads with an average EUR/USD spread of 0.80 pips, compared to 1.30 pips at FOREX.com. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

FOREX.com scores higher for regulation and trust at 92/100, holding licenses from CFTC/NFA, FCA, ASIC. XM Group scores 78/100 with CySEC, ASIC, DFSA.

For beginners, XM Group is the stronger choice with an education and research score of 92/100. It offers structured trading courses, webinars, and a free demo account. FOREX.com scores 82/100 for education.

Yes, there is no restriction on having accounts with both FOREX.com and XM Group simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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