eToro vs XM Group: which is better?

eToro and XM Group are compared here on the trading conditions that decide cost: verified spreads by account type, commission, minimum deposit, leverage, regulation, platforms and market coverage. Both appear in our Best for Beginners rankings, which is why traders shortlist them together. Every figure below is read straight from each broker’s own record — spreads come from the Spread Meter dataset with a source and a verification date, not from marketing pages. On our scoring model XM Group leads at 8.7/10 against 8.5/10, but the right answer depends on which of the differences below matters to how you trade.

Key differences between eToro and XM Group

• Lowest verified spread

  eToro Standard From 1.0 pips ($0)

  XM Group Standard From 1.6 pips ($0); ECN From 0.8 pips ($0)

  XM Group has the lower verified entry spread of the two.

• Minimum deposit

  eToro $50

  XM Group $5

  XM Group is cheaper to open, from $5.

• Regulation

  eToro FCA, ASIC, MAS

  XM Group ASIC, DFSA, CMA

  Both hold 3 licences on record.

• Platforms

  eToro eToro web, eToro mobile, CopyTrader

  XM Group MT4, MT5, XM app, WebTrader

  Only eToro offers eToro web, eToro mobile, CopyTrader; Only XM Group offers MT4, MT5, XM app, WebTrader.

• Overall score

  eToro 8.5/10

  XM Group 8.7/10

  XM Group scores higher overall (8.7 against 8.5).

Side by side

Pricing is the lowest verified figure per account type from the Spread Meter dataset; every other field is read from the broker’s own record.

Broker trading conditions compared

Criteria	eToro Register	XM Group
Overall rating	4.2	4.3
Overall score	8.5/10	8.7/10
Regulation	FCA, ASIC, MAS	ASIC, DFSA, CMA
Pricing by account type	Standard·From 1.0 pipsCommission $0	Standard·From 1.6 pipsCommission $0 ECN(Ultra Low)·From 0.8 pipsCommission $0
Minimum deposit	$50	$5
Leverage	1:30 for FCA and ASIC retail clients	1:30 for ASIC retail clients; higher under other group entities
Platforms	eToro web, eToro mobile, CopyTrader	MT4, MT5, XM app, WebTrader
Account types	Retail, Professional, Islamic (eligibility based)	Standard, Ultra Low, Shares, Swap-free (region dependent)
Markets	Forex, Stocks, ETFs, Indices, Commodities, Crypto	Forex, Indices, Commodities, Shares, Metals, Energies
Payment methods	Visa / Mastercard, PayPal, Bank transfer, Skrill, Neteller	Bank transfer, Visa / Mastercard, Skrill, Neteller, Local transfer
Best for	Copy trading	New traders
Open an account	Register

eToro

XM Group

Overall rating

eToro4.2

XM Group4.3

Overall score

eToro8.5/10

XM Group8.7/10

Regulation

eToroFCA, ASIC, MAS

XM GroupASIC, DFSA, CMA

Pricing by account type

eToro

• Standard·From 1.0 pipsCommission $0

XM Group

• Standard·From 1.6 pipsCommission $0
• ECN(Ultra Low)·From 0.8 pipsCommission $0

Minimum deposit

eToro$50

XM Group$5

Leverage

eToro1:30 for FCA and ASIC retail clients

XM Group1:30 for ASIC retail clients; higher under other group entities

Platforms

eToroeToro web, eToro mobile, CopyTrader

XM GroupMT4, MT5, XM app, WebTrader

Account types

eToroRetail, Professional, Islamic (eligibility based)

XM GroupStandard, Ultra Low, Shares, Swap-free (region dependent)

Markets

eToroForex, Stocks, ETFs, Indices, Commodities, Crypto

XM GroupForex, Indices, Commodities, Shares, Metals, Energies

Payment methods

eToroVisa / Mastercard, PayPal, Bank transfer, Skrill, Neteller

XM GroupBank transfer, Visa / Mastercard, Skrill, Neteller, Local transfer

Best for

eToroCopy trading

XM GroupNew traders

Open an account

eToro4.2

Register

Review

XM Group4.3Review

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