Compare AvaTrade Vs XM: Which is the Better Forex Broker in 2024?
AvaTrade Vs XM, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between AvaTrade Vs XM, here is the direct comparison:
Compare | AvaTrade | XM |
General Rating |
3.24/5 |
3.38/5 |
Score | ||
Trustpilot |
4.8/5 7243 users |
2.6/5 580 users |
πΌ Regulation | ||
β Info | ||
β Established | 2006 | 2009 |
π² Min Deposit | $100 | $5 |
β Max Leverage | 1:400 | 1:1000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $3.50 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Western Union, CashU, QIWI, iDEAL, SOFORT, FasaPay, giropay, paysafecard and Moneta.Ru |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese | Arabic, German, Greek, English, Spanish, French, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Swedish, Thai, Turkish, Chinese |
πͺ Trade Now | Open AvaTrade | Open XM |
Compare Again
Testimonials
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AvaTrade: Good but have flaws
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AvaTrade: I'm not sure how to tell my story, but I'll...
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AvaTrade: I've heard nothing but good things about this broker. Recently...
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AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
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AvaTrade: I think AvaTrade has one of the best trading conditions...
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XM: Explore!!!
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XM: full-fledged trading platform
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XM: THE BEST
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XM: Claim Bonus
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XM: Good for beginners
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See More AvaTrade Testimonials
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See More XM Testimonials
News
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Compete and Win USD2,500 in the XM Weekly Demo Contest
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XM Collaborates with EDF to Support Education for Disadvantaged Students
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XM Forex Broker and We Listen Malaysia Join Forces to Empower Orphans
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XM Collaborates with BenihBaik to Help Indonesia's Underprivileged Communities
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XM Holds Hand with Red Cross Home for the Disabled for Magical Disney Outing
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Unlock Your Fortune: Claim Your XM Angpao Bonus Today!
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XM Contributes on Literacy Support to Orphans and Homeless in Iraq
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XM Kicks Off its 2023 Grand Trading Promotion
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XM Donates for Morocco's Tragic Earthquake
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See More Related AvaTrade News
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See More Related XM News
Article
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How to Deposit and Withdraw in AvaTrade
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Elevate Your Trading with Free AvaTrade Guardian Angel
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An Insightful Overview of AvaTrade Copy Trading Platforms
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AvaTrade Free Course: a Way to Master Trading Skills
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Exploring XM Exclusive Technical Indicators
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How to Verify Your Avatrade Trading Account
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How to Open Account in AvaTrade
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AvaTrade Trading App: All You Need to Know
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Explore XM MT5 Performance in Various Devices
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See More Related AvaTrade Article
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See More Related XM Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, AvaTrade provides their pricing with Fixed spread while XM offers Variable spread.
AvaTrade vs XM: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, AvaTrade enables trading with MetaTrader 4 (Limited with 21 days), MetaTrader 5 (Limited with 21 days of inactivity), AvaOption (Limited with 21 days of inactivity), AvaTradeGO (Limited with 21 days of inactivity), Web, Social trading, ZuluTrade. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, XM provides trading with MetaTrader 4, MetaTrader 5, Social Trading, Web with the support of One-click trading, Trailing stop, Pending orders.
Is AvaTrade or XM better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, AvaTrade supports trading with Forex, Gold & silver, Oil, Stocks, Futures, Indexes, Agriculture, Metals, Energies, Bonds, Spread betting, Crypto, etf, Commodities, CFD, while XM presents the ability of trading with Forex, Gold & silver, CFD, Oil, Crypto, Stocks, Commodities, Indices.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to AvaTrade and XM:
- Compare AvaTrade vs Exness
- Compare AvaTrade vs FP Markets
- Compare AvaTrade vs Axi
- Compare XM vs DeltaStock
- Compare XM vs FXTM
- Compare XM vs Grand Capital
For more comparisons, visit this page.