Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Broker Comparison: XM vs AvaTrade
Abstract： When evaluating online trading platforms, it’s essential to compare brokers like XM and AvaTrade to determine which aligns best with your trading needs. Below is a comprehensive comparison based on key factors such as regulatory status, leverage, trading platforms, account types, spreads and commissions, customer service, AI tools, and recent updates.
When evaluating online trading platforms, its essential to compare brokers like XM and AvaTrade to determine which aligns best with your trading needs. Below is a comprehensive comparison based on key factors such as regulatory status, leverage, trading platforms, account types, spreads and commissions, customer service, AI tools, and recent updates.
1. Regulatory Status
Both XM and AvaTrade are regulated brokers, they are regulated by multiple financial authorities, ensuring a secure trading environment.
AvaTrade: Regulated by ASIC (Australia), FSA (Japan), FFAJ (Japan), ADGM (UAE), CBI (Ireland), and FSCA (South Africa).
XM: Regulated by ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), and IFSC (Belize).
2. Leverage
Leverage allows traders to control larger positions with a smaller amount of capital.
AvaTrade: Offers leverage up to 1:30 for retail clients and up to 1:400 for professional clients.
XM: Provides leverage up to 1:1000, offering greater flexibility for traders.
3. Trading Platforms
The choice of trading platform can significantly impact your trading experience.
AvaTrade: Offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO, AvaOptions, and proprietary platforms like WebTrader and AvaSocial.
XM: Provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile platforms.
4. Account Types
Different account types cater to various trading strategies and preferences.
AvaTrade: Offers Standard accounts, Spread Betting accounts (for UK clients), Islamic accounts, and Professional accounts.
XM: Provides Micro, Standard, Zero, Ultra-Low, Shares, and Islamic accounts.
5. Spreads and Commissions
Understanding the cost structure is vital for effective trading.
AvaTrade: Offers fixed spreads starting from 0.9 pips on major currency pairs.
XM: Provides variable spreads starting from 0 pips on major currency pairs, with commissions up to $7 per lot traded.
6. Customer Service
Responsive customer support enhances the trading experience.
AvaTrade: Offers customer support in over 25 languages via live chat, email, and phone.
XM: Provides customer support in over 21 languages through live chat, email, and phone.
7. AI Tools and Recent Updates
Advanced tools and regular updates can provide a competitive edge.
AvaTrade: Recently launched enhanced automated trading solutions, including AvaSocial and DupliTrade, for seamless, emotion-free trading.
XM: Offers a range of educational resources and trading tools, though specific AI tools are not highlighted in available sources.
8. WikiFX Rating
WikiFX has given XM a high score of 9.03/10 and has given AvaTrade a high score of 9.49/10. Both are high scores, which shows the reliability of these two brokers.
9. On-site Survey
WikiFX has made an on-site survey on both XM and AvaTrade and successfully find their office.
Conclusion
Both XM and AvaTrade offer robust trading environments with distinct features. Your choice should align with your trading goals, preferred platforms, leverage requirements, and desired account types. For a more detailed comparison, consider using WikiFX's broker comparison tool to make an informed decision.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Garanti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
Have you been financially ruined through chargebacks allowed by Garanti BBVA Securities? Do you have to wait for hours to get your queries resolved by the broker’s customer support official? Did the same scenario prevail when you contact the officials in-person? Failed to close your account as Garanti BBVA Securities officials remained unresponsive to your calls? Many have expressed similar concerns while sharing the Garanti BBVA Securities review online. In this article, we have shared some complaints against the broker. Take a look!
Original 3h
In-Depth Review of Stonefort Securities Withdrawals and Funding Methods – What Traders Should Really
For any experienced forex and CFD trader, the mechanics of moving capital are as critical as the trading strategy itself. The efficiency, security, and transparency of a broker's funding procedures form the bedrock of a trustworthy, long-term trading relationship. A broker can offer the tightest spreads and the most advanced platform, but if depositing funds is cumbersome or withdrawing profits is a battle, all other advantages become moot. This review provides a data-driven examination of Stonefort Securities withdrawals and funding methods. We will dissect the available information on payment options, processing times, associated costs, and the real-world user experience. Our analysis is anchored primarily in data from the global broker regulatory inquiry platform, WikiFX, supplemented by a critical look at publicly available information to provide a comprehensive and unbiased perspective for traders evaluating this broker.
Original 4h
MH Markets Deposits and Withdrawals Overview: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker is not just measured by its spreads or platform stability, but by the efficiency and reliability of its financial plumbing. The ability to deposit and, more importantly, withdraw capital without friction is a cornerstone of trust. This review provides an in-depth, data-driven analysis of the MH Markets deposits and withdrawals overview, examining the entire fund management lifecycle—from funding methods and processing speeds to fees and potential obstacles. MH Markets, operating for 5-10 years under the name Mohicans Markets (Ltd), has established a global footprint. With a WikiFX score of 7.08/10, it positions itself as a multi-asset broker offering a range of account types and access to the popular MetaTrader platforms. However, for a discerning trader, the real test lies in the details of its payment systems and the security of their funds. This article dissects the MH Markets funding methods withdrawal experience, leveraging pr
Original 5h
GAIN Capital Review: Exploring Complaints on Withdrawal Denials, Fake Return Promises & More
Is your forex trading experience with GAIN Capital full of financial scams? Does the broker disallow you from withdrawing your funds, including profits? Have you been scammed under the guise of higher return promises by an official? Does the GAIN Capital forex broker not have an effective customer support service for your trading queries? Concerned by this, many traders have shared negative GAIN Capital reviews online. In this article, we have discussed some of them. Read on!
Original 5h
WikiFX Broker
Latest News
The 350 Per Cent Promise That Cost Her RM604,000
WikiFXIn-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXWikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXGCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate