AvaTrade vs. XM Comparison

This comparison guide helps users who are confused about choosing between AvaTrade and XM to find the right online broker for their trading and investment needs. It studies the fundamental features of the two brokers shoulder to shoulder to help users compare their service and make an informed decision.

To help users choose between AvaTrade and XM to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their common trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

AvaTrade vs. XM: Summary

AVAtrade logo

AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.

Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.

Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100. 

Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

Pros

  • Low minimum deposit ($100)
  • Fixed forex spreads from 0.9 pips
  • Wide range of platforms and third party integrations (MT4, MT5, TradingView)
  • Support for various trading styles (algorithmic, automated, copy trading)
  • Intuitive mobile app

Cons

  • Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options

Pros

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

Key features

  • Access to 1250 CFDs and 44 forex options
  • Excellent copy trading features
  • Advanced mobile trading app (AvaOptions)
  • Industry average pricing
  • Perfect for casual and advanced traders
  • Access to the full meta trader suite

Key features

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

AvaTrade vs. XM Comparison

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AVAtrade logo

AVAtrade

Open account Read review

71% of retail CFD accounts lose money

XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

BROKER COMPARISON

AVAtrade logo
XM logo

Overall rating

4,9/5

4,1/5

Overall rating

4,9/5

4,1/5

Trading Platform & Tools

4.9

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:400 1:888
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

4.1

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 after every 3 months and $100 after every 12 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.9 1.6 pips
Stocks & ETF 0 0,1% – (min $5)
CFD (Gold) 3.4 3 pips
Crypto 0.35%
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

3.8

See details
Minimum deposit (in UAE) $100 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

2.8

See details
Shares 0 100
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 55 55
CFD Indices & Funds 91 14
CFD Stocks 612 1286
CFD Commodities 18 14
CFD Crypto 20 5
CFD Bonds 2 0
Binary Options 44 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.8

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

AvaTrade vs. XM Comparison Conclusion

The results of our comparison of AvaTrade vs. Forex.com are summarized in the table below.

Broker:Best For:
AvaTradeForex, CFDs and Options
XMResearch & Education

Choosing between AvaTrade and XM can be a tough decision. Both online brokers have similarities but differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Finding the best broker depends on users’ trading & investment goals, individual preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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