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AvaTrade vs XM Group 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is AvaTrade better than XM Group? In our analysis of 23 international regulators across 62 of the best forex brokers, AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. XM Group is considered low-risk, with an overall Trust Score of 90 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating AvaTrade XM Group
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 5/5 Stars 4.5/5 Stars
Trust Score info 93 90
Winner check_circle
Review AvaTrade Review XM Group Review
Broker Screenshots AvaTrade XM Group
Trading Platforms Gallery (click to expand) info
Research Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation AvaTrade XM Group
Trust Score info 93 90
Year Founded info 2006 2009
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info Yes
Tier-1 Licenses info 4 2
Tier-2 Licenses info 4 1
Tier-3 Licenses info 1 1
Tier-1 Licenses (High Trust) AvaTrade XM Group
Australia (ASIC Authorised) info Yes Yes
Canada (SRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
CBI Authorised (Ireland) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No Yes
New Zealand (FMA Authorised) info No No
Tier-2 Licenses (Average Trust) AvaTrade XM Group
China (CBRC Authorised) info No No
Cyprus (CySEC Authorised) info Yes Yes
India (SEBI Authorised) info No No
Israel (ISA Authorised) info Yes No
Russia (CBR Authorised) info No No
South Africa (FSCA Authorised) info Yes No
Thailand (SEC Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes No
Tier-3 Licenses (Low Trust) AvaTrade XM Group
Bahamas (SCB Authorised) info No No
Belize (FSC Authorised) info No Yes
Cayman Islands (CIMA Authorised) info No No
Bermuda (BMA Authorised) info No No
British Virgin Islands (FSC Authorised) info Yes No
Mauritius (FSC Authorised) info No No
Vanuatu (VFSC Authorised) info No No
Investments AvaTrade XM Group
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 1429
Forex Pairs (Total) info 55 55
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (CFD) Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost AvaTrade XM Group
Average Spread EUR/USD - Standard info 0.92 info 1.6 info
All-in Cost EUR/USD - Active info 0.61 info 0.8 info
Active Trader or VIP Discounts info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding AvaTrade XM Group
Minimum Deposit info $100 $5
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms AvaTrade XM Group
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info Yes No
ZuluTrade info Yes No
Trading Tools AvaTrade XM Group
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 80 30
Charting - Drawing Tools (Total) info 13 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading AvaTrade XM Group
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 73 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Forex Calendar info Yes Yes
Research AvaTrade XM Group
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education AvaTrade XM Group
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs AvaTrade XM Group
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review AvaTrade Review XM Group Review
Overall AvaTrade XM Group
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 4/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.5/5 Stars
Education 5/5 Stars 4.5/5 Stars
Trust Score info 93 90
Winner check_circle
Review AvaTrade Review XM Group Review
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AvaTrade vs XM Group Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs XM Group.

Does AvaTrade or XM Group offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.

Is AvaTrade or XM Group safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. AvaTrade holds 4 global Tier-1 licenses, while XM Group holds 2. AvaTrade holds 4 global Tier-2 licenses, while XM Group holds 1. In our analysis of 23 international regulators across 50 brokers, AvaTrade earned a higher Trust Score than XM Group.

Which trading platform is better: AvaTrade or XM Group?

To compare the trading platforms of both AvaTrade and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, XM Group offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both AvaTrade and XM Group offer MetaTrader 4 (MT4).AvaTrade and XM Group both offer copy trading.

How many forex pairs and CFDs are available to trade?

AvaTrade and XM Group offer traders the same number of currency pairs, 55. Forex pairs aside, XM Group offers traders access to 1429 CFDs while AvaTrade has 1260 available CFDs, a difference of 169.

Can I trust AvaTrade?

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust). AvaTrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Central Bank of Ireland (CBI) and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Can I trust XM Group?

XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by three tier-1 regulators (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).

Is AvaTrade good?

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2022.

Is XM Group good?

XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Overall winner: AvaTrade

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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