Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| XM | AvaTrade | |
|---|---|---|
| Overall score | 3.42 / 5 | 4.1 / 5 |
| Regulation | CySEC No. 120/10 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD010 FCA-licensed; firm reference number not independently confirmed. XM also operates a second Seychelles-licensed entity, XM (SC) Limited, under licence SD190 |
EU-regulated (MiFID passporting) + FSA Seychelles No. SD033 Regulated in the EU via MiFID passporting; confirm current entity with AvaTrade directly. single-source; spot-check recommended |
| Entity | Trading Point of Financial Instruments Ltd | Ava Trade EU Ltd |
| Founded | 2009 | 2006 |
| Headquarters | Limassol, Cyprus | Dublin, Ireland |
| Minimum deposit | $5 | $100 |
| Avg. spread (EUR/USD) | 1.1 pips | 0.93 pips |
| Platforms | MT4, MT5 | Proprietary (AvaTradeGO), MT4, MT5, DupliTrade, ZuluTrade |
| Other Tier-1 regulators | ASIC, DFSA | ASIC, JFSA (Japan), CIRO (Canada), Central Bank of Ireland |
| Instruments | 1,000+ across forex, stocks, indices, commodities, metals, crypto | CFDs across forex, stocks, indices, commodities, ETFs, bonds, crypto |
| Visit | Visit XM | Visit AvaTrade |
Full XM review → · Full AvaTrade review → · Compare different brokers →