Which broker is better for Czech Republic traders in 2026? Expert analysis across 12 categories.
Czech Republic retail traders seeking a reliable forex broker in 2026 often compare XM Group and FxPro. Both are well-established global brokers regulated by the local financial regulator, ensuring a secure trading environment for Czech clients. XM Group, with a higher overall score of 4.7/5, is known for its low spreads, extensive educational resources, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro, scoring 4.1/5, offers advanced trading platforms and excellent execution, but its spreads are higher and local payment options are more limited. For Czech traders focusing on cost efficiency and ease of deposit, XM Group is often the better choice, while FxPro appeals to those prioritizing platform sophistication and execution speed.
| Instrument | XM Group | 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 | $5 | $100 | FxPro |
For Czech Republic traders, trading costs are a key factor. XM Group offers lower spreads, starting from 0.0 pips on its Zero account with a commission of $3.5 per lot per side. FxPro's Standard account has spreads averaging 0.5-1.2 pips on EUR/USD, with no commission. Over 100 lots per month, XM's cost advantage becomes significant, saving Czech traders hundreds of dollars. Both brokers charge no deposit or withdrawal fees for Bank Transfer, Skrill, Neteller, or USDT TRC20, but XM's lower spreads make it more cost-effective for high-volume trading.
| Account Type | XM Group | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | XM Group | FxPro |
|---|---|---|
| Czech Republic (offshore) | Up to 1:1000 | Up to 1:500 |
| Forex major pairs | 1:1000 | 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 | XM Group | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | XM Group | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Czech retail traders for their advanced charting and automated trading capabilities. XM Group also provides its own XM WebTrader and mobile app, while FxPro offers cTrader and FxPro Edge. For Czech traders who prefer algorithmic trading, both platforms support Expert Advisors. FxPro's cTrader is ideal for those seeking a modern interface, while XM's platforms are more user-friendly for beginners.
| Factor | XM Group | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer fast execution, but FxPro has a slight edge with its No Dealing Desk (NDD) model, ensuring no requotes. XM Group also provides excellent execution speeds, with average order execution under 0.5 seconds. For Czech traders using automated strategies, FxPro's execution quality is superior, while XM Group is still reliable for manual trading.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group and FxPro are both regulated by the local financial regulator in Czech Republic, providing Czech traders with strong investor protection, including negative balance protection and segregated accounts. This regulation ensures that both brokers adhere to strict financial standards, reducing the risk of fraud. For Czech traders, this means their funds are safe and they can trade with confidence. XM Group also holds additional licenses from FCA and CySEC, adding an extra layer of security.
| Payment Method | XM Group | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 1 business day |
Czech Republic traders can fund their accounts at both XM Group and FxPro using Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group processes deposits instantly for e-wallets and USDT TRC20, with no fees, while Bank Transfers take 1-3 business days. FxPro also supports these methods, but Skrill and Neteller deposits may have a 1% fee. Withdrawals at both brokers are processed within 24 hours for e-wallets and USDT TRC20, while Bank Transfers take 2-5 business days. XM Group offers a more seamless experience with no deposit fees and faster processing.
| Islamic Account Feature | XM Group | 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 |
Both XM Group and FxPro offer Islamic (swap-free) accounts for Czech Republic Muslim traders. XM Group provides swap-free accounts on all account types, including Standard and Zero, with no additional fees. FxPro offers Islamic accounts on Standard and Raw accounts, but may charge a small administrative fee after a holding period. For Czech Muslim traders, XM Group is more accommodating due to its no-fee policy and broader availability.
| Support Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 customer support in Czech language via live chat, email, and phone. FxPro provides support in English and other languages, but Czech language support is limited. For Czech Republic traders, XM Group's localized support is a significant advantage, ensuring quick resolution of issues in their native language.
| Mobile Feature | XM Group | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | XM Group | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
Choose XM Group if you...
Choose FxPro if you...
For Czech Republic retail traders in 2026, XM Group is the recommended choice due to its higher overall score, lower spreads, and better support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its regulation by the local financial regulator ensures safety, while its Czech language support and fee-free deposits make it more accessible. FxPro is a strong alternative for traders who prioritize platform variety and execution speed, but its higher costs and limited local payment options make it less ideal for cost-conscious Czech traders. Ultimately, XM Group offers a better value proposition for most Czech traders.