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AvaTrade vs XM Group 2021

Is AvaTrade better than XM Group? After testing 27 of the best forex brokers over five months, AvaTrade is better than XM Group. AvaTrade is a trusted global brand best known for offering traders an extensive selection of trading platform options. Our testing found AvaTrade to be great for copy trading, competitive for mobile, mostly in line with the industry average for pricing and research, and a winner for investor education.


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.

Overall Rating

Feature AvaTrade XM Group
Overall 4 4
Commissions & Fees 4.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 4.5
Education 4.5 4.5
Trust Score 93 84
AvaTrade Review XM Group Review
Winner check_circle
79% of retail CFD accounts lose money 77.55% of retail CFD accounts lose money

Regulation

Feature AvaTrade XM Group
Trust Score 93 84
Year Founded
2006 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
3 2
Tier-2 Licenses
4 2
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

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

Investments

Feature AvaTrade XM Group
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
55 57
CFDs - Total Offered
722 1273
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No

Cost

Feature AvaTrade XM Group
Average Spread EUR/USD - Standard
0.91 (August 2020) 1.6 (Aug 2020)
All-in Cost EUR/USD - Active
0.61 (August 2020) 0.8 (Aug 2020)
Active Trader or VIP Discounts
Yes No

Funding

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

Trading Platforms

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

Trading Tools

Feature AvaTrade XM Group
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
6 (Default MT4/MT5)
Charting - Indicators / Studies (Total)
90 (Default MT4/MT5)
Charting - Drawing Tools (Total)
0 (Default MT4/MT5)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature AvaTrade XM Group
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
93 (Default MT4/MT5)
Charting - Draw Trendlines
No Yes
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

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

Education

Feature AvaTrade XM Group
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature AvaTrade XM Group
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

Overall

Feature AvaTrade XM Group
Overall 4 4
Commissions & Fees 4.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 4.5
Education 4.5 4.5
Trust Score 93 84
AvaTrade Review XM Group Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 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 20 international regulator databases. Here's our findings. AvaTrade holds 3 global Tier-1 licenses, while XM Group holds 2. AvaTrade holds 4 global Tier-2 licenses, while XM Group holds 2. All regulators considered, AvaTrade has a Trust Score of 93.00, while XM Group's Trust Score is 84.00.

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. AvaTrade and XM Group both offer copy trading. Both AvaTrade and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
XM Group provides traders 57 currency pairs (e.g., EUR/USD) compared to AvaTrade's 55 available pairs. Forex pairs aside, XM Group offers traders access to 1273 CFDs while AvaTrade has 722 available CFDs, a difference of 551.

Overall winner: AvaTrade

Read Next: Best Forex Brokers 2021

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Trading CFDs, FX, and cryptocurrencies involve 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 website as of 12/14/2020 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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