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XM Group vs AvaTrade 2020

Is AvaTrade better than XM Group? After testing 30 of the best forex brokers over five months, XM Group is better than AvaTrade. While XM Group provides the entire suite of MetaTrader platforms and over 1300 tradeable instruments, the broker delivers an average experience across the board and struggles to stack up against industry leaders.



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 4 3.5
XM Group Review AvaTrade Review
73.57% of retail CFD accounts lose money 71% of retail CFD accounts lose money

Regulation

Feature XM Group AvaTrade
Trust Score 83 93
Year Founded
2009 2006
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 3
Tier-2 Licenses
1 3
Tier-3 Licenses
1 3
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

Investments

Feature XM Group AvaTrade
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
57 60
CFDs - Total Offered
1247 681
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
No Yes
Offering of Investments 4 3.5
Winner check_circle

Cost

Feature XM Group AvaTrade
Average Spread EUR/USD - Standard
1.6 (as of Jan 18) 0.92 (Dec 19)
All-in Cost EUR/USD - Active
0.8 0.62 (Dec 19)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 3.5 4
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)
Yes 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 Yes
cTrader
No No

Trading Tools

Feature XM Group AvaTrade
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
(Default MT4/MT5) 0
Charting - Indicators / Studies (Total)
(Default MT4/MT5) 23
Charting - Drawing Tools (Total)
(Default MT4/MT5) 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 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 No
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
(Default MT4/MT5) 93
Charting - Draw Trend Lines
Yes No
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
Yes Yes
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 4 3.5
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 Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
No Yes
Education 4 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

Overall

Feature XM Group AvaTrade
XM Group Review AvaTrade Review
Overall 4 3.5
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 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 3 global Tier-2 licenses, while XM Group holds 1. All regulators considered, AvaTrade has a Trust Score of 93.00, while XM Group's Trust Score is 83.00.

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, XM Group offers a better experience. With research, XM Group offers superior market research. Finally, we found XM Group 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?
AvaTrade provides traders 60 currency pairs (e.g., EUR/USD) compared to XM Group's 57 available pairs. Forex pairs aside, XM Group offers traders access to 1247 CFDs while AvaTrade has 681 available CFDs, a difference of 566.

Overall, between AvaTrade and XM Group, XM Group is the better forex broker.

AvaTrade Review
XM Group Review

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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 web site as of 01/20/2020 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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