Compare / FPG vs XM
FPG vs XM
Cashback, regulation and trading conditions side by side — then earn a per-lot rebate on every trade, paid weekly.
ASIC-regulated Australian broker (established 2019) running on MetaTrader 4, with Cent and Standard accounts, leverage up to 1:500 and 200+ instruments across forex, metals, indices and crypto. The ASIC licence places it in a stronger regulatory tier than many cashback brokers; the trade-offs are MT4-only (no MT5) and a narrower set of funding methods.
XM is one of the most established, education-rich brokers, with a very low $5 entry, reliable execution and a wide account range. A safe, beginner-friendly choice — and Expaid adds daily cashback on every XM lot.
FPG vs XM — FAQ
Is FPG or XM better for cashback?
FPG returns more per lot — up to $9.60/lot vs $3.90/lot. Your actual cashback depends on your volume, account type and instruments, so compare the per-asset rates above.
Can I earn Expaid cashback on both FPG and XM?
Yes. Link an account at each broker through Expaid and earn a per-lot rebate on both, paid weekly — win or lose.
Do FPG and XM change my spreads when I use Expaid?
No. Expaid adds cashback through an introducing-broker (IB) link, so your spreads, execution and trading conditions stay exactly the same.
Cashback figures are per standard lot and reflect current Expaid partner rates; they vary by account type and instrument. Compare every broker on the rate board.