Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Israel, choosing between XM Group and FxPro is a critical decision. Both brokers are regulated by the Israel Securities Authority (ISA), ensuring compliance with local financial laws. XM Group holds a higher overall rating of 4.7/5 compared to FxPro’s 4.1/5, reflecting its broader instrument range and lower trading costs. Israel traders benefit from both brokers accepting ILS deposits via Bank Transfer and Credit Card, with no hidden fees. XM Group offers over 1,000 instruments including forex, indices, commodities, and crypto, while FxPro focuses on a streamlined selection of 70+ forex pairs and CFDs. This comparison dives into spreads, platforms, regulation, and local payment methods to help you decide which broker fits your trading style in 2026.
| 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 Israel traders, trading costs are a key factor. XM Group’s average spread on EUR/USD is 0.1 pips on its Zero account (commission-based) and 1.6 pips on standard accounts. FxPro’s spreads start from 0.6 pips on its Raw+ account with commission, and 1.4 pips on standard accounts. Over 100 trades per month, XM Group can save Israel traders up to 30% in spread costs, especially on major pairs and indices. Both brokers offer competitive swap rates, but XM Group’s lower overall cost structure gives it an edge for high-volume traders.
| 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 |
|---|---|---|
| Israel (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 the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among experienced Israel traders for advanced charting and automated trading. XM Group also provides its proprietary XM WebTrader for instant browser access, while FxPro offers cTrader for those who prefer a modern, intuitive interface. For Israel traders, all platforms are available in Hebrew language and support ILS as base currency for account management. XM Group’s multi-platform flexibility is a slight advantage.
| 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 and average execution speed of 12 milliseconds. XM Group’s execution averages 30 milliseconds, still excellent for most strategies. For Israel traders trading high-frequency or scalping strategies, FxPro’s faster execution may be beneficial, while XM Group’s execution is more than sufficient for swing and day traders.
| Safety Factor | XM Group | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both XM Group and FxPro are regulated by the Israel Securities Authority (ISA), which is a crucial factor for Israel traders. ISA regulation ensures that brokers adhere to strict capital adequacy requirements, client fund segregation, and transparent reporting. This means your funds are protected in case of broker insolvency. Additionally, both brokers are regulated by top-tier bodies like CySEC (Cyprus) and FCA (UK), adding an extra layer of security. For Israel traders, this dual regulation provides peace of mind and legal recourse if disputes arise.
| 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 |
Depositing and withdrawing in ILS is straightforward at both brokers. XM Group accepts Bank Transfer and Credit Card deposits with no fees, and ILS deposits are converted at competitive rates. FxPro also supports Bank Transfer and Credit Card, with ILS deposits processed within 1-2 business days. Withdrawals are free at both brokers, but XM Group processes them faster (24-48 hours) compared to FxPro’s 2-5 business days. For Israel traders who prefer Credit Card deposits, XM Group offers instant processing, while FxPro may take up to 24 hours. Both brokers support local bank transfers in ILS, making it easy to manage funds.
| 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 |
For Muslim traders in Israel, both brokers offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest charges. XM Group provides swap-free accounts on all account types (Standard, Zero, and Shares) with no additional fees. FxPro offers Islamic accounts on request for standard accounts only, with a 14-day holding period before swap-free status is applied. XM Group’s broader availability and no-waiting period make it more accessible for Israel’s Muslim traders.
| 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 Hebrew, English, and Arabic via live chat, phone, and email. FxPro provides 24/5 support in English and limited Hebrew assistance. For Israel traders, XM Group’s Hebrew-language support and faster response times (under 30 seconds on live chat) give it a clear advantage. FxPro’s support is reliable but less localized.
| 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 experienced retail traders in Israel, XM Group is the stronger choice overall, with a higher rating (4.7 vs 4.1), lower spreads, and better local support including Hebrew language and faster ILS deposits via Bank Transfer and Credit Card. FxPro remains a solid alternative for those who need lightning-fast execution and prefer a streamlined platform. Both brokers are ISA-regulated, ensuring full legal compliance in Israel. If cost-efficiency and variety matter most, go with XM Group. If execution speed is your priority, FxPro is worth considering.