Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders looking to access global forex markets, FXTM and FxPro are two of the most popular offshore brokers. Both are well-established, regulated internationally (FCA, CySEC, FSCA), and offer platforms that work seamlessly in China. However, they differ in key areas that matter to CNY traders: deposit methods (USDT vs bank transfer), spreads, and account flexibility. FXTM scores 4.3/5, slightly ahead of FxPro's 4.1/5, due to its wider account range and lower minimum deposit. Neither broker is regulated by the China Securities Regulatory Commission (CSRC), so traders must use offshore funding routes. This comparison will help you decide which broker suits your trading style, volume, and local preferences, especially if you rely on USDT or international bank transfers for funding.
| Instrument | FXTM | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
For China traders, trading costs are critical, especially when trading in USD or EUR pairs. FXTM's Standard account offers spreads from 1.3 pips on EUR/USD with no commission, while its ECN account drops to 0.1 pips but charges $7 per lot round turn. FxPro's Raw Spread account starts at 0.0 pips with a $6 commission per lot, while its Standard account has spreads from 1.2 pips. For high-volume traders (over 10 lots per month), FxPro's Raw Spread account can be cheaper, but FXTM's ECN account offers more flexibility with lower minimum deposits. Both brokers have no hidden fees, but FXTM's Cent account is ideal for small-volume China traders testing strategies.
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| China (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both FXTM and FxPro offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most popular platforms among China traders. FXTM also provides a proprietary mobile app and a web trader, while FxPro offers cTrader for ECN trading. For China traders, MT4 is preferred for its custom indicators and EA support. FXTM's platforms are slightly more user-friendly for beginners, with a Cent account option on MT4. FxPro's cTrader is excellent for scalpers and algorithmic traders, offering depth of market and faster execution. Both platforms support Chinese language interfaces and are accessible without VPN in most regions of China.
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro edges ahead in execution quality, offering ultra-fast order execution with average speeds of 30-40 milliseconds on its Raw Spread account via cTrader. FXTM's ECN account executes trades in 50-60 milliseconds. Both brokers use No Dealing Desk (NDD) execution for ECN accounts, ensuring no requotes. For scalpers and high-frequency traders in China, FxPro's cTrader platform provides better depth of market and lower latency. FXTM's execution is still reliable for most retail traders.
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FXTM nor FxPro is regulated by the China Securities Regulatory Commission (CSRC), meaning they operate as offshore brokers. FXTM is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), while FxPro holds licenses from the FCA, CySEC, FSCA, and SCB (Bahamas). For China traders, this means funds are not protected by Chinese deposit insurance, but both brokers offer negative balance protection and segregated client accounts under FCA rules. Traders should choose the FCA-regulated entity for maximum protection, though this may limit leverage to 30:1 for major pairs. Higher leverage (up to 500:1) is available under CySEC or FSCA entities, which is attractive for many China traders.
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
China traders face capital controls, making deposit and withdrawal methods crucial. Both FXTM and FxPro accept USDT (Tether) deposits, which is the most popular method for Chinese traders to fund offshore accounts without bank delays. USDT deposits are processed instantly and free of fees. International bank transfers (SWIFT) are also supported, but these can take 2-5 business days and incur intermediary bank fees of $20-50. FXTM additionally supports local Chinese bank transfers through third-party processors (like OKPay), while FxPro focuses on USDT and e-wallets (Skrill, Neteller). Minimum deposits: FXTM starts at $10 (Standard), FxPro at $100. Withdrawals are processed within 24 hours for USDT and e-wallets, but bank transfers may take longer. Both brokers charge no internal withdrawal fees, but bank transfer fees apply.
| Islamic Account Feature | FXTM | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in China, both FXTM and FxPro offer swap-free Islamic accounts that comply with Sharia law. FXTM provides Islamic accounts on all account types (Standard, ECN, Cent) with no swap charges on overnight positions. FxPro offers Islamic accounts on Standard and Raw Spread accounts only, and not on MT4 Fixed or MT5 accounts. Both require a request after account opening, and FXTM's process is more straightforward, often approved within 24 hours. FxPro may require additional documentation for Islamic account approval. Note that holding positions over weekends may incur administration fees on some instruments. For China Muslim traders, FXTM's wider availability of Islamic accounts across account types makes it more flexible.
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Both brokers offer 24/5 customer support in Chinese (Mandarin) via live chat, email, and phone. FXTM's support is slightly more responsive, with average response times under 2 minutes for live chat. FxPro also offers WeChat support for China clients, which is convenient. FXTM provides a Chinese-language education center and webinars, while FxPro focuses on multilingual documentation. For China traders, FXTM's local account managers (available for deposits over $5,000) add a personal touch.
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose FxPro if you...
For China traders seeking international exposure, both FXTM and FxPro are reliable offshore brokers. FXTM wins for beginners and those using USDT deposits, thanks to its lower minimum deposit ($10), Cent account, and wider Islamic account availability. FxPro is better for experienced traders who prioritize execution speed and low spreads on high volumes. Neither is regulated by CSRC, so traders must use USDT or international bank transfers for funding. If you're a small-volume trader or Muslim, choose FXTM. If you're a scalper or high-volume trader, FxPro's cTrader and execution quality give it an edge. Ultimately, FXTM's higher rating (4.3 vs 4.1) and flexibility make it the better choice for most China traders in 2026.