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XM vs AvaTrade

 
 
Product Info
Comprehensive

Comprehensive Review of XM Broker 2024
AvaTrade

AvaTrade Review
Description - -
Awards
  • Best FX Service Provider (2017, City of London Wealth Management Awards)
  • Best Customer Service Global (2020, Global Forex Awards)
  • Best Forex Execution Broker (2019, World Finance Forex Awards)
  • Best Overall Broker 2022 – DayTrading.com
  • Best Trading App 2021 – DayTrading.com
  • Best Forex Broker 2019 – DayTrading.com
Demo Account Yes, with $100,000USD Yes
Max Payout Not fixed -
Out-of-Money Reward - -
Deposit Options - CFD, Forex, Crypto, Stocks, Options Credit Card,  Debit Card,  FasaPay,  JCB Card,  Mastercard,  MoneyGram,  Neteller,  Perfect Money,  Skrill,  Swift,  WebMoney,  Western Union,  Wire Transfer
Mimimum deposit $30 $100
Customer Support Types - -
Bonus Type - Welcome bonus 20% up to 10.000$
Bonus Size 100% 20%
Deposit Currencies USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN USD, EUR, GBP, AUD, CAD
Regulation
  • Cyprus Securities and Exchange Commission (CySEC) (License No. 120/10)
  • Australian Securities and Investments Commission (ASIC) (License No. 443670)
  • International Financial Services Commission (IFSC) (License No. IFSC/60/354/TS/18)
  • Dubai Financial Services Authority (DFSA) (License No. F003484)
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Trading Platform MetaTrader 4, MetaTrader 5, Proprietary web platform MetaTrader 4 platform,  MetaTrader 5 platform,  Meta Trader for Mac,  Meta Trader for mobile trading (Download the Avatrade app directly here),  Meta Trader for web trading,  The AvaTradeAct platform (Proprietary Platform)
Maximum Trade 100,000 units -
Minimum Trade 0.1 pips $.01
Trading Instruments -

CFD, Forex, Crypto, Stocks, Options

  • Forex – Over 50 currency pairs available, including all majors, minors, and many exotics available 24 hrs a day, 7 days a week. Traders can enjoy competitive spreads as low as 0.8 pips, and leverage up to 400:1.
  • Cryptocurrency – (Not available in Canada or UK) – Traders can trade 9 different cryptocurrencies with up to 20:1 leverage. These now include Ripple, Ethereum, Bitcoin and Bitcoin cash.
  • Indices, Bonds, Stocks, ETFs & Commodities – Traders of AvaTrade enjoy the highest of leverage along with very competitive and low spreads for trading these financial assets.
  • Options – Avatrade have made trading options accessible for traders of all experience levels. The new options trading platform reduces the complexity of vanilla options and opens up a range of opportunities for those curious about using the product.
Online Since 2009 2006
Trading Options - -
Tools Offered - -
Languages English, Vietnamese, Chinese (Simplified) , Indonesian, Arabic, Spanish, French, German, Russian, Malay, Thai, Korean, Portuguese, Italian, Japanese, Polish, and many others, totaling over 30 languages. Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar
Commission - -