Interactive Brokers vs XM Group

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Interactive Brokers currently holds a lower overall rating (3.9) compared to XM Group (4.3).
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.9/5 (4 reviews)
3.3/5
4/5
4.3/5
4/5
4.3/5 (360 reviews)
4.3/5
4.2/5
4.3/5
4.2/5
Minimum deposit ($) - 5.0
Commission - 3.5
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size - 0.01
Maximum lot size - 50.0
Spread - Variable
Broker type - Market Maker
Maximal leverage (1:?) - 1000
Availability - Market Maker
Regulation - CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), ESCA (UAE)
Trading Platforms - MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App
Funding/Withdrawal methods - Multiple local methods
Account Currency - USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF
Languages - English, Spanish, French, German, Portuguese, Italian, Greek, Russian, Polish, Thai, Arabic, Vietnamese, Korean, Bulgarian, Urdu, Hindi, Czech, Serbian, Romanian, Tagalog, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia, Slovakian, Nepali, Cebuano, Mongolian
Country United States United Arab Emirates, Belize, Cyprus, South Africa
Trading platform(s) timezone - United Arab Emirates, Belize, Cyprus, South Africa
Other trading instruments - Stocks, Futures, Indices, Commodities, Energies, CFDs, Precious Metals, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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