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XM Group vs AvaTrade 2019

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Is AvaTrade better than XM? After scoring forex brokers on nearly 100 different variables, AvaTrade is better than XM. AvaTrade provides multiple platforms for automated and social copy trading. It also offers forex options, in addition to spot CFDs (cryptocurrency included) across multiple markets via its entities regulated in major and emerging financial hubs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Overall Rating

Feature XM Group AvaTrade
Overall 3.5 3
XM Group Review AvaTrade Review
69% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature XM Group AvaTrade
Trust Score 78 82
Year Founded
2009 2006
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 2
Tier-2 Licenses
1 1
Tier-3 Licenses
0 2
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature XM Group AvaTrade
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No Yes
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Tier-2 Licenses

Feature XM Group AvaTrade
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No Yes
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature XM Group AvaTrade
FSC Authorised (British Virgin Islands)
No Yes
FSC Authorised (Mauritius)
No No
Offshore Authorised
No Yes

Investments

Feature XM Group AvaTrade
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
57 60
CFDs - Total Offered
1000 171
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3
Winner check_circle

Cost

Feature XM Group AvaTrade
Average Spread EUR/USD - Standard
1.6 (as of Jan 18) 0.7 (as of Q3 2018)
All-in Cost EUR/USD - Active
0.8 N/A
Active Trader or VIP Discounts
No Yes
Commissions & Fees 4 3.5
Winner check_circle

Funding

Feature XM Group AvaTrade
Minimum Initial Deposit
$5-100 $100.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
No Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature XM Group AvaTrade
Proprietary Platform
No Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No No

Trading Tools

Feature XM Group AvaTrade
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3 3.5
Winner check_circle

Mobile Trading

Feature XM Group AvaTrade
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3
Winner check_circle

Research

Feature XM Group AvaTrade
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
Yes No
AutoChartist
No Yes
Trading Central (Recognia)
No No
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 3.5 3
Winner check_circle

Education

Feature XM Group AvaTrade
Has Education - Forex
No Yes
Has Education - CFDs
No No
Client Webinars
Yes No
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
No Yes
Tutorials/Guide (PDF or Interactive)
Yes Yes
Education 2.5 4
Winner check_circle

Major Forex Pairs

Feature XM Group AvaTrade
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature XM Group AvaTrade
XM Group Review AvaTrade Review
Overall 3.5 3
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare AvaTrade vs XM.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. XM is a better option with a 4.00 star rating over AvaTrade's 3.50 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both AvaTrade and XM are regulated in a major hub. AvaTrade nor XM are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. XM trails AvaTrade by 3 total currency pairs (for example, EUR/USD), with AvaTrade offering 60 and XM offering 57.

To round out our comparison of AvaTrade vs XM, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. AvaTrade and XM both offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both brokers offer clients access to the same number of charting tools, 31. Both AvaTrade and XM provide clients with access to 51 total indicators (eg, moving averages).

AvaTrade Review
XM Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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