| Feature | XM Trading | AvaTrade |
|---|---|---|
| Year Founded | 2009 | 2006 |
| Headquarters | Limassol, Cyprus | Dublin, Ireland |
| Regulatory Authorities | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize), FSCA (South Africa) | ASIC (Australia), CBI (Ireland), FFAJ (Japan), FSCA (South Africa), BVI FSC (British Virgin Islands), ADGM (UAE) |
| Minimum Deposit | $5 | $100 |
| Maximum Leverage | Up to 1:1000 | Up to 1:400 |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO, AvaOptions, WebTrader, DupliTrade, ZuluTrade |
| Tradable Instruments | Forex, Commodities, Indices, Stocks, Cryptocurrencies | Forex, Commodities, Indices, Stocks, ETFs, Options, Cryptocurrencies, Bonds |
| Number of Currency Pairs | 55+ | 60 |
| Account Types | Micro, Standard, Ultra-Low, Shares, Islamic | Retail, Professional, Islamic, Spread Betting (UK only) |
| Spreads on Major Pairs | From 0.1 pips | From 0.9 pips |
| Commission on Forex Trades | None | None |
| Deposit and Withdrawal Fees | None | None |
| Inactivity Fee | Yes, $5 monthly after 90 days of inactivity | Yes, $50 quarterly after 3 months of inactivity |
| Customer Support Languages | 25+ languages including English, Greek, Chinese, Malay, Indonesian, Korean, Russian, French, Spanish, Italian, German, Polish, Hindi, Arabic, Portuguese, Czech, Slovakian, Bulgarian, Romanian, Bengali, Urdu, Thai, Nepali, Tagalog, Vietnamese | 10+ languages including English, Arabic, French, German, Italian, Japanese, Russian, Chinese, Spanish |
| Payment Methods | Bank Transfer, Credit/Debit Card, Neteller, Skrill, UnionPay, WebMoney, XM Card, M-Pesa | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, WebMoney, M-Pesa |
| Negative Balance Protection | Yes | Yes |
| Scalping and Hedging | Allowed | Allowed |
| Automated Trading | Supported | Supported |
| Social/Copy Trading | Not specified | Supported via DupliTrade and ZuluTrade |
| Educational Resources | Extensive, including webinars, tutorials, and market analysis | Comprehensive, including webinars, tutorials, and market analysis |
| Research Tools | Advanced, including Autochartist and proprietary indicators | Advanced, including Trading Central and proprietary tools |
| Mobile Trading Apps | Yes, MT4 and MT5 mobile apps | Yes, AvaTradeGO and MT4/MT5 mobile apps |
| VPS Services | Available | Available |
| Bonuses and Promotions | Yes, including deposit bonuses (subject to region and regulations) | Yes, including welcome bonuses and referral programs (subject to region and regulations) |
| Trustpilot Rating | 2.9/5 from 445 reviews | 4.6/5 from 8,505 reviews |
| Availability in the USA | Not available | Not available |
| Execution Type | Market execution | Market execution |
| Order Execution Speed | 99.35% of orders executed in under 1 second | High-speed execution with no re-quotes |
| Slippage Policy | Minimal slippage, no re-quotes | Minimal slippage, no re-quotes |
| Stop-Loss and Take-Profit Orders | Yes, including guaranteed stop-loss | Yes, including guaranteed stop-loss |
| Margin Call Level | 50% | 50% |
| Stop-Out Level | 20% | 10% |
| Spread Type | Variable spreads | Fixed and variable spreads available |
| Islamic Swap-Free Accounts | Yes, available | Yes, available |
| Risk Management Tools | Negative balance protection, margin monitoring | AvaProtect (risk-management tool), negative balance protection |
| Custom Indicators | Supported via MT4/MT5 | Supported via MT4/MT5 |
| Algorithmic Trading (EAs) | Fully supported | Fully supported |
| Custom Trading Signals | Available via Autochartist | Available via Trading Central |
| Deposit Processing Time | Instant for most methods | Instant for most methods |
| Withdrawal Processing Time | 24 hours for e-wallets, 3–5 business days for bank transfers | 24–48 hours for e-wallets, 3–5 business days for bank transfers |
| PAMM/MAM Accounts | Available | Available |
| Trading Strategy Restrictions | No restrictions | No restrictions |
| Fractional Lot Trading | Yes | Yes |
| Max Simultaneous Orders | 200 positions | 100 positions |
| ETF Trading | Not available | Available |
| Options Trading | Not available | Available via AvaOptions |
| CFDs on Cryptos | Yes | Yes |
| Cryptocurrency Wallet Integration | No | No |
| Mobile App Features | Full trading functionality, charting, indicators | Full trading functionality, risk management, advanced charting |
| Affiliate & IB Programs | Yes, competitive commissions | Yes, competitive commissions |
| Partnership Programs | White Label, Introducing Broker, Affiliate Program | White Label, Introducing Broker, Affiliate Program |
| Geographical Restrictions | No service in USA, Canada, Japan | No service in USA, Belgium, Iran |
| Regulatory Deposit Protection | Up to €20,000 under CySEC protection | Up to €20,000 under CySEC, €100,000 under CBI |
| Multilingual Support | Yes, 25+ languages | Yes, 10+ languages |
| Trading Contests | Yes, available for certain regions | No |
| Trailing Stop Orders | Yes | Yes |
| Guaranteed Stop-Loss Orders | No | Yes, via AvaProtect |
| One-Click Trading | Yes | Yes |
| Price Alerts & Notifications | Yes, via MT4/MT5 | Yes, via AvaTradeGO and MT4/MT5 |
| Order Types Available | Market, Limit, Stop, Trailing Stop | Market, Limit, Stop, Trailing Stop, Guaranteed Stop |
| Market Depth (Level 2 Pricing) | Available on MT5 | Available on MT5 |
| Tick Chart Trading | Yes, in MT4/MT5 | Yes, in MT4/MT5 |
| Interest on Unused Funds | No | No |
| API Trading | No | Yes |
| Institutional Trading Services | No | Yes |
| DMA (Direct Market Access) | No | No |
| Slippage Control | Limited control | AvaProtect minimizes losses |
| Asset Classes for CFD Trading | Forex, Commodities, Stocks, Indices, Cryptocurrencies | Forex, Commodities, Stocks, Indices, Cryptocurrencies, Bonds, ETFs, Options |
| Dividend Adjustments for Stock CFDs | Yes | Yes |
| Swap-Free Account Conditions | Available, no interest fees on overnight positions | Available, no interest fees on overnight positions |
| Weekend Trading | Cryptocurrencies only | Cryptocurrencies, some indices, and options |
| Fixed Spread Accounts | No, only variable spreads | Yes, option for fixed spreads |
| High-Frequency Trading (HFT) | Allowed | Allowed |
| Copy Trading Platforms | No built-in platform, but compatible with third-party tools | Built-in social/copy trading via ZuluTrade & DupliTrade |
| Custom Indicators & Scripts | Available via MT4/MT5 | Available via MT4/MT5 |
| Data Center Locations | Global servers, high-speed execution | Multiple global data centers |
| Multi-Account Management (MAM/PAMM) | Yes | Yes |
| Latency Arbitrage Trading | Not allowed | Not allowed |
| Regulatory Compensation Scheme | Up to €20,000 under CySEC | Up to €20,000 under CySEC, €100,000 under CBI (Ireland) |
| Cryptocurrency Deposit/Withdrawal | Not supported | Not supported |
| Web-Based Trading Platform | Yes, MT4/MT5 WebTrader | Yes, WebTrader, AvaTradeGO |
| Withdrawal Limits | No limits, but verification required | No limits, but verification required |
| Real-Time Market News Integration | Yes | Yes |
| Trading Sentiment Analysis | Available | Available |
| Cloud-Based Trading Tools | No | Yes, via AvaTradeGO |
| Dedicated Account Manager | Available for VIP clients | Available for all clients |
| Multi-Monitor Support | Yes | Yes |
| Server Downtime Risk | Minimal, multiple backup servers | Minimal, multiple backup servers |
| Customizable Interface | Yes, via MT4/MT5 | Yes, via AvaTradeGO and MT4/MT5 |
| MetaTrader Web Access | Yes | Yes |
| Backtesting Strategies | Yes, via MT4/MT5 | Yes, via MT4/MT5 |
| Spread Betting (UK Clients Only) | No | Yes |
| VIP Account Benefits | Lower spreads, priority support | Lower spreads, priority support, personal analyst |
| Free Trading Signals | Yes, via Autochartist and Trading Central | Yes, via Trading Central |
XM Trading offers ultra-low spreads, higher leverage (1:1000), and simple account types, while AvaTrade provides more asset classes, fixed spreads, advanced trading tools, and strong risk management features like AvaProtect.