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Product Info |
XM Review |
AvaTrade Review |
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Description |
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Awards |
• Best MT4/MT5 Broker 2021 – DayTrading.com
• Global Forex Broker of the Year 2020 – Global Forex Awards
• Best FX Broke Europe 2018 – World Finance
• Best Forex Execution Broker 2017 – Share
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- Best Overall Broker 2022 – DayTrading.com
- Best Trading App 2021 – DayTrading.com
- Best Forex Broker 2019 – DayTrading.com
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Demo Account |
Yes, with $100,000USD |
Yes |
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Max Payout |
Not fixed |
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Out-of-Money Reward |
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Deposit Options |
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CFD, Forex, Crypto, Stocks, Options Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Western Union, Wire Transfer |
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Mimimum deposit |
$30 |
$100 |
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Customer Support Types |
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Bonus Type |
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Welcome bonus 20% up to 10.000$ |
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Bonus Size |
100% |
20% |
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Deposit Currencies |
USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN |
USD, EUR, GBP, AUD, CAD |
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Regulation |
No
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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) |
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Maximum Trade |
100,000 units |
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Minimum Trade |
0.1 pips |
$.01 |
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Trading Instruments |
- Micro Accounts: Micro accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.
- Ultra Low Accounts: XM Ultra Low Accounts, can use EUR, USD, GBP, AUD, ZAR, SGD as the base currency and traders will require a minimum deposit of $5 USD. 1 Standard Ultra lot is 100,000 units of the chosen base currency, whereas, 1 Micro Ultra lot is 1,000 units of the base currency. XM Ultra Low Accounts are not applicable to all entities of the group.
- Standard: Standard accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.
- Zero Accounts: Zero accounts can use USD, JPY and EUR as the base currency and traders will require a minimum deposit of $5USD. Like the Standard account, 1 standard lot is 100,000 units of the chosen base currency. Zero accounts are not applicable to all the entities of the XM Group.
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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.
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Online Since |
2009 |
2006 |
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Trading Options |
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Tools Offered |
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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 |
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Commission |
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