Online brokers compared for fees, trading platforms, safety and more. See how AvaTrade stacks up against XM!
Last update of data—Dec 2022
AvaTrade is a global forex and CFD broker. It is regulated by several financial authorities globally, including the Central Bank of Ireland and Australia's ASIC.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
AvaTrade
AvaTrade is a global forex and CFD broker. It is regulated by several financial authorities globally, including the Central Bank of Ireland and Australia's ASIC.
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms.
XM
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
AvaTrade's service is on par with XM's and a comparison of their fees shows that AvaTrade's fees are slightly higher than XM's.
Account opening takes about the same effort at AvaTrade compared to XM, deposit and withdrawal processes are somewhat more complicated at AvaTrade, while customer service quality is similar to XM's.
Our experts rated the trading platform of AvaTrade as somewhat better than the platform of XM, found that clients have access to about the same number of markets and products with AvaTrade, while XM provides just about the same quality of research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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