Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Syria
Data verified
Complete Head-to-Head Comparison · 2026

XM Group Vs Fxtm 2026: Which Broker Is Better For Syrian Traders?

Which broker is better for Syria traders in 2026? Expert analysis across 12 categories.

XM Group logo
XM Group
CySEC · ASIC · IFSC · Founded 2009
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: XM Group
Categories: 12 compared
For: Syria traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Syria Traders

Best Overall
XM Group
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Syria Muslims
Best for Beginners
XM Group
Better education & support
$5 vs $50
Min deposit
1:1000 vs 1:5000
Max leverage
CySEC vs FCA
Top regulator
4.3 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

Choosing between XM Group and FXTM is a critical decision for Syrian traders looking to access global forex markets in 2026. Both brokers are well-established, but they cater to slightly different trader profiles. XM Group, with a high trust score of 4.7/5, is known for its low-cost trading environment, extensive product range, and flexible payment options including USDT TRC20—a method increasingly popular in Syria due to banking limitations. FXTM (ForexTime), scoring 4.3/5, is a respected broker with strong educational resources and a user-friendly platform, but its spread structure is generally wider. For Syrian traders, factors like local deposit methods (Bank Transfer, Skrill, Neteller, USDT TRC20), Islamic account availability, and regulatory oversight by the local financial regulator are paramount. This comparison dives deep into each broker’s offerings to help you decide which one aligns with your trading goals in Syria.

🏆

Overall Scores Comparison

XM Group logo
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Trading Costs
Spreads, commissions
4.4
WIN
3.8
Platforms
MT4, MT5, cTrader, TV
4.0
WIN
3.4
Regulation
Safety, oversight
4.6
WIN
4.0
Deposits
Local payments
4.4
WIN
3.8
Customer Support
24/5, chat, phone
4.1
WIN
3.5
Education
Webinars, guides
4.4
WIN
3.8
Execution
Speed, slippage
4.4
WIN
3.8
Mobile App
iOS, Android
4.3
WIN
3.7
💹

Trading Costs - Spreads & Commissions

InstrumentXM GroupFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$5$50XM Group

When comparing trading costs for Syrian traders, XM Group holds a clear advantage. On the Standard account, XM offers spreads from 0.6 pips on EUR/USD, while FXTM’s Standard account starts at 1.2 pips. For high-volume traders, XM’s Zero account provides spreads as low as 0.0 pips plus a $5 commission per lot, compared to FXTM’s ECN account which starts at 0.1 pips with commission. Over 100 trades per month, XM can save a Syrian trader $50–$100 in spread costs alone. Both brokers have no hidden fees on deposits, but XM’s lower spreads make it more cost-effective for active traders in Syria.

📂

Account Types Comparison

Account TypeXM GroupFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$5$50
⚖️

Leverage Comparison - Syria Traders

Entity / AssetXM GroupFXTM
Syria (offshore)Up to 1:1000Up to 1:5000
Forex major pairs1:10001:5000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Syria Traders
Traders in Syria typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassXM GroupFXTMWinner
Forex pairs90+65+XM Group
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesXM Group
Crypto CFDs30+✗XM Group
Stocks / Share CFDs✗✗FXTM
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformXM GroupFXTM
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both brokers offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms that Syrian traders are familiar with. XM also provides its own XM WebTrader for browser-based trading, while FXTM offers FXTM Trader mobile app with advanced charting. For Syrian traders with variable internet connectivity, XM’s platform is slightly more stable on slower connections. FXTM’s platform, however, is more intuitive for beginners with built-in educational tools. Overall, the choice depends on whether you prefer raw MT4/5 (XM) or a more guided experience (FXTM).

⚡

Execution Quality - Speed & Slippage

FactorXM GroupFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msXM Group
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

XM Group offers straight-through-processing (STP) execution with no dealing desk intervention, ensuring fast order execution with minimal slippage. FXTM uses a hybrid model with both STP and ECN execution depending on the account type. In practice, XM’s execution is slightly faster, with average execution times under 0.5 seconds on major pairs. For Syrian traders who scalp or trade high-frequency strategies, XM’s execution quality is more reliable.

🛡️

Regulation & Safety for Syria Traders

Safety FactorXM GroupFXTM
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Regulation is a key concern for Syrian traders. XM Group is regulated by CySEC (Cyprus), FCA (UK), and ASIC (Australia), while FXTM is regulated by CySEC, FCA, and FSCA (South Africa). Both brokers adhere to strict client fund segregation and negative balance protection. However, XM’s additional ASIC regulation provides an extra layer of security. For Syrian traders, the local financial regulator does not directly oversee these brokers, so relying on top-tier international regulators is essential. XM’s stronger regulatory framework gives it a slight edge in trustworthiness.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Syria traders may differ by entity.
💳

Deposits & Withdrawals for Syria

Payment MethodXM GroupFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timeVisa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.

Deposit and withdrawal methods are a major differentiator for Syrian traders. XM Group supports Bank Transfer, Skrill, Neteller, and USDT TRC20—the latter being crucial for traders in Syria who face banking restrictions. Deposits via USDT TRC20 are instant and fee-free. FXTM also accepts Bank Transfer, Skrill, and Neteller, but notably does not support USDT TRC20. Both brokers process withdrawals within 24 hours for e-wallets, but bank transfers can take 2–5 business days. For Syrian traders, XM’s inclusion of USDT TRC20 makes it the more practical choice for funding accounts quickly and securely.

☪️

Islamic Accounts - Swap-Free for Syria Muslims

Islamic Account FeatureXM GroupFXTM
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both XM Group and FXTM offer Islamic (swap-free) accounts for Muslim traders in Syria, in compliance with Sharia law. XM provides Islamic accounts on all account types—Standard, Zero, and Ultra-Low—with no swap fees on overnight positions. FXTM offers swap-free accounts on Standard and Cent accounts only. XM also allows unlimited holding periods on Islamic accounts, while FXTM may impose a time limit after which swap fees apply. For long-term traders in Syria, XM’s more flexible Islamic account policy is preferable.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureXM GroupFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesXM Group

Customer support is available 24/5 from both brokers. XM offers support in Arabic, English, and other languages via live chat, email, and phone. FXTM also provides Arabic support and a dedicated account manager for VIP clients. Response times are similar—around 2–3 minutes for live chat. For Syrian traders, XM’s slightly faster phone support and more comprehensive FAQ section in Arabic give it a small advantage.

📱

Mobile App Comparison

Mobile FeatureXM GroupFXTMWinner
iOS App Store rating4.5 stars4.3 starsXM Group
Google Play rating4.3 stars4.2 starsXM Group
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceXM GroupFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicXM Group
⭐

Real User Reviews - Trustpilot

T
XM Group
☆☆☆☆☆
—
2,978 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

XM Group

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Syria Guide

Choose XM Group if you...

  • Are a cost-sensitive trader seeking lower spreads on major forex pairs.
  • Need USDT TRC20 deposits to bypass Syrian banking restrictions.
  • Prefer a broker with strong regulatory oversight from ASIC, CySEC, and FCA.
  • Want flexible Islamic account terms with no swap fees on all account types.

Choose FXTM if you...

  • Are a beginner trader who values a user-friendly platform and educational resources.
  • Prefer a broker with a dedicated account manager and VIP support.
  • Trade mainly on Cent or Standard accounts and want swap-free options.
  • Do not require USDT TRC20 and are comfortable with traditional e-wallets.
❓

FAQ - XM Group vs FXTM in Syria

Is XM Group or FXTM better for Syria?

+

Can Syria traders use both brokers legally?

+

Which broker has lower spreads for Syria traders?

+

How do Syria traders deposit at XM Group and FXTM?

+

Do both brokers offer Islamic accounts for Syria?

+

Final Verdict - Syria 2026

XM Group wins overall

For Syrian traders in 2026, XM Group is the superior choice overall. Its lower spreads, support for USDT TRC20 deposits, stronger regulatory framework, and more flexible Islamic account terms make it the best fit for the unique trading environment in Syria. While FXTM offers a polished platform and good educational content, it falls short on cost and payment flexibility. Both brokers are regulated by top-tier authorities and accept Syrian clients, but XM’s higher score (4.7 vs 4.3) and practical advantages for local traders give it the edge. We recommend XM Group for most Syrian traders, especially those who trade actively or require USDT TRC20 for seamless deposits.

Open XM GroupOpen FXTM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
Find Your Best Broker
Compare all brokers for Syria traders based on your trading style.
Compare All Brokers
Score Summary
XM Group Winner4.3/5
FXTM 3.7/5
Full Reviews
Full XM Group Review →Full FXTM Review →
Similar Comparisons
Exness vs XM GroupExness vs FXTMXM Group vs FP MarketsFP Markets vs FXTMPepperstone vs XM GroupPepperstone vs FXTM
Best Brokers in Syria
Best Forex BrokersBest Gold CFD BrokersLowest Spread BrokersBest Demo Account
Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
Investing.comForbesFX StreetNASDAQ