XM Group vs FxPro for Belarus Traders (2026)

For Belarus traders, trading costs are a critical factor. XM Group offers spreads from 0.6 pips on EUR/USD for its Standard account, with no commission. FxPro’s Standard account starts from 0.8 pips, but its Raw Spreads account can go as low as 0.2 pips with a $6 round-turn commission. For a Belarus trader executing 10 standard lots per month, XM Group’s cost would be approximately $60 in spreads, while FxPro’s Raw Spreads would be around $80 when including commission. XM Group also offers zero-commission trading on all account types, which is beneficial for retail traders.

Both brokers offer MetaTrader 4 and MetaTrader 5, which are the most popular platforms among Belarus traders. XM Group also provides its own XM WebTrader for browser-based trading, while FxPro offers cTrader for advanced charting and ECN execution. For Belarus traders with limited internet stability, XM Group’s mobile app is lighter and faster. FxPro’s cTrader is better for scalpers needing direct market access. Both platforms support Russian language and local time zones.

XM Group uses market execution with no re-quotes, ensuring fast order processing for Belarus traders. FxPro offers ECN execution on its Raw Spreads account, providing direct access to liquidity providers with minimal slippage. For retail traders, XM Group’s execution is reliable and suitable for most strategies. For scalpers and high-frequency traders, FxPro’s ECN model offers superior speed and transparency.

XM Group is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa). FxPro is regulated by the FCA, CySEC, and FSCA as well. Neither broker is regulated by the local financial regulator in Belarus. However, for Belarus traders, this means that client funds are protected under EU investor compensation schemes (up to €20,000 for CySEC clients) or UK FSCS (up to £85,000 for FCA clients). Both brokers offer negative balance protection, which is crucial for retail traders in volatile markets.

Belarus traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group also supports Perfect Money, WebMoney, and local bank transfers in BYN. Deposits via Skrill and Neteller are instant and fee-free at both brokers. USDT TRC20 deposits are processed within 5-30 minutes and are ideal for avoiding bank delays. Withdrawals at XM Group are processed within 24 hours for e-wallets, while FxPro takes 1-2 business days. Bank transfers can take 2-5 business days at both brokers. XM Group does not charge internal withdrawal fees, while FxPro charges a small fee for bank wire withdrawals above a certain limit.

Both XM Group and FxPro offer swap-free Islamic accounts for Belarus Muslim traders who wish to trade without earning or paying interest. XM Group provides Islamic accounts automatically upon request for all account types, with no swap charges on overnight positions. FxPro also offers Islamic accounts but requires a formal request after account opening. XM Group’s Islamic accounts are more straightforward to obtain, while FxPro may impose a waiting period. Both brokers ensure compliance with Sharia law by waiving rollover fees.

XM Group offers 24/5 multilingual customer support via live chat, phone, and email, with dedicated Russian-speaking agents for Belarus traders. FxPro provides 24/5 support in 17 languages, including Russian. XM Group’s response time is typically under 30 seconds for live chat, while FxPro averages 1-2 minutes. Both brokers have extensive FAQ sections in Russian.