XM vs AvaTrade

 
 
Product Info
XM

XM Review 2024

AvaTrade

AvaTrade Review

Description - -
Awards

XM has received numerous awards in recognition of its exceptional trading services, innovative platforms, and outstanding customer support. Here is a list of some of the notable awards XM has received:

  1. Best Forex Broker – Awarded by Shares Magazine in the UK.
  2. Best Customer Service – Recognized by the Global Forex Awards.
  3. Best FX Service Provider – Awarded at the City of London Wealth Management Awards.
  4. Best Forex Execution Broker – Honored by the Global Forex Awards.
  5. Best Trading Support – Recognized at the Forex Broker Awards.
  6. Most Trusted Broker – Awarded by the Global Forex Awards.
  7. Best Forex Education Provider – Acknowledged by the Global Forex Awards for their extensive educational resources.
  8. Best FX Broker Europe – Awarded by the Global Forex Awards.
  9. Best FX Educational Broker – Recognized for providing excellent trading education.
  10. Best Trading Experience – Awarded for offering an outstanding trading environment and experience.
  • 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 - -
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, Malay, 简体中文, 繁体中文, Ελληνικά, Magyar, Русский, Indonesia, Français, Italiano, Svenska, Deutsch, Polski, العربية, Español, 한국어, Português, Tiếng Việt, ภาษาไทย, Filipino, Dutch, Česky, বাংলা, اردو, Türkçe 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 - -
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit. Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field. The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.