XM vs AvaTrade
Trying to choose between XM and AvaTrade? We’ve put together a broker comparison between XM and AvaTrade that examines regulation and client protection, costs and spreads, platform options, market range and account types, plus deposit and withdrawal methods, among other features, so you can pick the one that fits your trading style.
Who is XM?
XM, established in 2009, is a globally recognized forex and CFD broker serving over 15 million clients, renowned for its client-focused approach and extensive educational resources. The broker stands out with its competitive trading conditions, a wide range of trading instruments, and multiple professional trading platforms. The official website of XM is www.xm.com.
The minimum deposit required to start trading with XM is $5.
Who is AvaTrade?
AvaTrade, founded in 2006 in Dublin, is a global online broker offering forex and CFD trading across a wide range of markets. The brokers provides user-friendly platforms, competitive fixed spreads, and multilingual customer support to assist traders at different experience levels. The official website of AvaTrade is www.avatrade.com.
The minimum deposit required to start trading with AvaTrade is $100.
XM vs AvaTrade Side-by-Side Comparison
XM launched in 2009 and is regulated by the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius). The broker maintains local offices in Limassol, Athens, Dubai and Cape Town. XM supports trading through various trading platforms, including MT4, MT5 and XM App.
The minimum deposit to open an account with XM is $5, and accounts can be set up in several account currencies, such as USD, EUR, JPY, GBP, AUD, CHF, ZAR, HUF, SGD and PLN. XM operates as a B-Book (market maker) broker and supports copy trading through XM Copy Trading (*not available in the EEA). To make deposits and withdrawals, traders can use credit and debit cards, international wire transfers, local transfers and e-wallets (Skrill, Neteller, etc.).
On the other hand, AvaTrade began operating in 2006 and holds regulation from the FFAJ (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM / FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), ASIC (Australia) and SFC (Colombia). The company has local offices in Dublin, Sydney, Santiago, Kuala Lumpur, Milan, Tokyo, Mexico City, Ulaanbaatar, Warsaw, Johannesburg and Abu Dhabi. Traders can choose from several trading platforms at AvaTrade, which include MT4, MT5, AvatradeGo, AvaOptions, Duplitrade and ZuluTrade.
The minimum deposit stands at $100, with one account base currency option, which is USD. The firm operates as a B-Book (market maker). Copy trading is supported at Avatrade via Duplitrade and ZuluTrade. Deposits and withdrawals can be made using credit and debit cards, e-wallets (Skrill, WebMoney and Neteller) and bank transfers.
XM vs AvaTrade Market Instruments
XM provides access to a total of 1,400+ instruments that include CFDs on forex, stocks, equity indices, themathic indices, commodities and cryptocurrencies. Breaking this down by the numbers, the collection features 40+ forex pairs, 1,000+ stocks, 20+ indices, 30+ commodities, and 10+ crypto pairs (cryptos are available exclusively outside the EEA).
Contrarily, AvaTrade offers access to 1,250+ instruments, offering CFDs on forex, stocks, indices, commodities, etfs, bonds and cryptocurrencies. The lineup at AvaTrade features 55 forex pairs, 600 stocks, 30 indices, 20 commodities, and 50 crypto pairs.
XM vs AvaTrade Account Types
XM vs AvaTrade Spreads Comparison
The figures below reflect the minimum and average spreads on standard accounts for XM and AvaTrade. Actual spreads can change with market conditions and account type. Check each broker’s website for the latest information, as pricing varies with volatility and liquidity.
Minimum Spreads Comparison: XM provides EUR/USD with spreads from 1.6 pips, GBP/USD from 1.8 pips, USD/CAD from 2.3 pips, and CAD/JPY from 3.4 pips. In comparison, AvaTrade quotes the same pairs at 0.9, 1.6, 1.8, and 2.0 pips, respectively.
For XAU/USD (Gold), XM provides a dollar-based minimum of $0.3, whereas AvaTrade lists a percentage-based minimum of 0.10%. WTI Crude Oil has a minimum of $0.03 at XM and $0.01 at AvaTrade, and Bitcoin starts from $60 at XM versus from 0.10% at AvaTrade.
Average spreads: XM reports EUR/USD averages at 2.0 pips, GBP/USD at 2.4 pips, and XAU/USD at $0.45. AvaTrade does not provide data about the average spreads.
XM vs AvaTrade Minimum Spreads Comparison
XM vs AvaTrade Average Spreads Comparison
Costs on Raw/Zero Spread Account
XM provides a raw/zero spread account, with minimum spreads from 0.0 pips and a commission of $3.5 per side per lot (available exclusively in the EEA). In contrast, AvaTrade does not offer raw/zero spread accounts.
When evaluating trading costs, keep in mind that ultra-tight spreads are typically offset by per-lot commissions, and actual spreads fluctuate based on market volatility and liquidity conditions. For current fee information, always consult the broker's official website.
Other Features
XM vs AvaTrade: Wrapping Up the Comparison
XM and AvaTrade are established global brokers, founded in 2009 and 2006, respectively. XM is regulated by the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius), while AvaTrade is overseen by the FFAJ (Japan), CySEC (Cyprus), ISA (Israel), IIROC (Canada), ADGM / FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), ASIC (Australia) and SFC (Colombia).
XM offers clients access to 1,400+ instruments and supports a multi-platform setup with MT4, MT5 and XM App, while AvaTrade offers 1,250+ instruments and supports MT4, MT5, AvatradeGo, AvaOptions, Duplitrade and ZuluTrade. XM offers a lower barrier to entry with a $5 minimum deposit, while AvaTrade requires $100. On EUR/USD, minimum spreads on standard accounts begin from 1.6 pips at XM and 0.9 pips at AvaTrade. Both brokers support copy trading: XM via XM Copy Trading, and AvaTrade via Duplitrade and ZuluTrade.
Both brokers provide a standard account, along with a demo account and an Islamic (swap-free) option. XM also features a zero spread account and offers additional formats such as Ultra Low and Shares, whereas AvaTrade does not list additional account types beyond its standard account.
XM suits traders wanting 24/7 multilingual support, daily webinars, and tighter spreads through its Ultra Low account, while AvaTrade appeals to those seeking more platform choices and a single account for all trading.
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