eToro vs XM Group
Can't decide between eToro and XM Group? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
eToro and XM Group are both well-established forex brokers, but they serve different types of traders. eToro scores 92/100 in our TrustMetrics™ system, edging ahead of XM Group's 91/100.
On pricing, XM Group offers tighter EUR/USD spreads (0.8 pips vs 1 pips). eToro supports eToro Custom Platform while XM Group offers MT4, MT5, XM App, giving XM Group more platform options.
For regulation, eToro holds licenses from FCA, ASIC, CySEC, FinCEN while XM Group is regulated by CySEC, ASIC, DFSA, FSC. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
eToro scores higher in our TrustMetrics system (92/100) compared to XM Group (91/100), making it the safer choice.
Lowest Spreads
XM Group offers better pricing with an average EUR/USD spread of 0.8 pips, beating the 1 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $5, XM Group is the more accessible option for new traders.
Detailed Comparison
| Feature | eToro | XM Group |
|---|---|---|
| Trust Score | 92/100 | 91/100 |
| Spreads From | 1.0 pips | 0.6 pips |
| Avg EUR/USD Spread | 1 pips | 0.8 pips |
| Commission | $0 | $0 |
| Execution Speed | 50ms | 35ms |
| Max Leverage | 1:30 | 1:1000 |
| Minimum Deposit | $100 | $5 |
| Instruments | 3,000+ | 1,000+ |
| Account Types | Retail, Professional | Micro, Standard, Ultra Low |
| Platforms | eToro Custom Platform | MT4, MT5, XM App |
| Top Regulators | FCA, ASIC, CySEC, FinCEN | CySEC, ASIC, DFSA, FSC |
| Withdrawal Speed | 2-5 business days | 1-3 business days |
| Inactivity Fee | $10 per month (after 12 months) | $5 per month (after 90 days of inactivity) |
| Customer Support | 24/5 Live Chat, Ticketing System | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
eChoose eToro if...
- ✓You are a beginner and value education and simplicity
- ✓Maximum regulatory protection is your top priority
- ✓You value copy trading and social trading
XChoose XM Group if...
- ✓You want to start with a very low minimum deposit
- ✓You are a beginner and value education and simplicity
- ✓You value beginners and education
eToro Pros & Cons
Pros
- ✓ Incredible CopyTrader feature allows you to auto-copy top investors
- ✓ Commission-free real stock and ETF investing
- ✓ Extremely intuitive, user-friendly mobile app
- ✓ Huge community for social sentiment and discussion
Cons
- × High forex spreads (EUR/USD starts at 1.0 pips)
- × $5 flat withdrawal fee
- × No MetaTrader or advanced charting software
- × Account currency is exclusively in USD (conversion fees apply)
XM Group Pros & Cons
Pros
- ✓ Industry-leading education with 50+ live webinars per week
- ✓ Extremely low $5 minimum deposit across all accounts
- ✓ Micro accounts allow trading with 10-cent risk
- ✓ Excellent localized payment methods for emerging markets
- ✓ 100% execution rate with no requotes or rejections
Cons
- × Spreads are wider than true ECN competitors (0.8 pip EUR/USD avg)
- × No cTrader or TradingView platforms
- × Inactivity fee of $5/month after 90 days of no trading
The Bottom Line: eToro vs XM Group
- ✓ Copy Trading
- ✓ Social Trading
- ✓ Crypto Investing
- ✓ Passive Income
- ✓ Beginners
- ✓ Education
- ✓ Low Minimum Deposit
- ✓ Micro Lot Trading
- ✓ Tighter EUR/USD spreads (0.8 pips)
- ✓ Lower minimum deposit ($5)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: eToro or XM Group?
eToro scores higher in our TrustMetrics system (92/100) compared to XM Group (91/100), making it the safer choice.
Who has lower spreads: eToro or XM Group?
XM Group offers better pricing with an average EUR/USD spread of 0.8 pips, beating the 1 pip average of its competitor.
Which has a lower minimum deposit: eToro or XM Group?
With a lower minimum deposit requirement of $5, XM Group is the more accessible option for new traders.
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