XM Group vs FxPro: Italy Trader Comparison 2026

For Italian traders, trading costs are a decisive factor. XM Group offers spreads from 0.6 pips on EUR/USD for its Micro account, with no commission on standard accounts. FxPro's Raw Spread account has spreads from 0.7 pips but charges a commission of $6 per lot round turn. For a typical Italian retail trader trading 1 lot per week, XM Group saves approximately €20-30 per month in costs. High-volume traders benefit more from XM's lower spreads, while FxPro's commission structure may appeal to scalpers using cTrader.

Italian traders value platform flexibility. XM Group provides MT4 and MT5 across desktop, web, and mobile, with full Italian language support. FxPro goes further by also offering cTrader, which is popular for its advanced charting and order management. Both brokers have mobile apps optimized for Italian users. However, FxPro's multi-platform offering gives it an edge for traders who want to switch between MT4 and cTrader without losing access to tools. XM Group's platform experience is solid but more traditional.

Both brokers offer reliable execution for Italian traders. XM Group uses No Dealing Desk (NDD) execution with an average speed of 1.2 seconds, suitable for most retail strategies. FxPro also uses NDD execution and reports speeds under 1 second on its Raw Spread accounts via cTrader. For scalpers and high-frequency traders, FxPro's faster execution on cTrader may be preferable. XM Group's execution is consistent and reliable for swing and position traders.

Both XM Group and FxPro are regulated by CONSOB, the Italian financial markets regulator, ensuring they adhere to strict client protection rules. This includes negative balance protection, segregated client accounts, and leverage caps of 30:1 for major forex pairs. For Italian traders, this means your funds are safe and the broker must follow ESMA guidelines. XM Group also holds CySEC and FCA licenses, while FxPro is additionally regulated by the FCA and SCB. CONSOB oversight gives Italian traders peace of mind when choosing either broker.

Italian traders have convenient deposit options with both brokers. XM Group supports SEPA bank transfers (free, 1-2 business days), standard bank transfers, and notably PostePay, the prepaid card widely used in Italy. Deposits via PostePay are instant and fee-free. Withdrawals are processed within 24 hours to the same method. FxPro also accepts SEPA transfers and credit/debit cards (Visa, Mastercard) but does not directly support PostePay. Instead, it offers e-wallets like Skrill and Neteller for faster transactions. For Italian users who rely on PostePay, XM Group is the clear winner. Both brokers charge no fees for EUR deposits, making them cost-effective for local traders.

Both XM Group and FxPro offer Islamic (swap-free) accounts for Italian Muslim traders who require compliance with Sharia law. XM Group provides swap-free status on all account types (Micro, Standard, XM Zero) without additional fees, though the status may be reviewed after 90 days for long-term positions. FxPro offers Islamic accounts on request, available for MT4, MT5, and cTrader platforms, with no swap charges on overnight positions. Both brokers require a declaration of faith or residency in a Muslim-majority country, but Italian traders can qualify easily. XM Group's automatic inclusion on all accounts makes it more accessible.

Italian traders receive dedicated customer support from both brokers. XM Group offers 24/7 live chat, email, and phone support in Italian, with average response times under 2 minutes. FxPro provides similar support in Italian via phone, email, and live chat, but hours are limited to 24/5 (Monday to Friday). XM Group's round-the-clock availability is an advantage for traders who operate outside standard market hours.