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CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.

AvaTrade

vs

XM

AvaTrade vs XM

What each publishes, side by side. — means we haven't got it from the broker's own pages.

	AvaTrade	XM
Licences on a register	6 of 8	2 of 3
Regulators	FSCACBICySECASICFSC BVIJFSA JapanFSRA ADGMCMA Kenya	FSCAFSC BelizeCySEC
Lowest spread	0.9Advertised minimum, pips	—
Min deposit	$100USD account, card or wire; no ZAR amount listed	$5Standard & Ultra Low, global page
Max leverage	400:1Up to, depending on your local regulation	—
Platforms	MT4, MT5, TradingViewPlatforms named on the broker's own site	—
Licences stated✓ = matched on register	✓ FSCA 45984 ✓ CBI C53877 ✓ CySEC 347/17 ✓ ASIC 406684 · FSC BVI SIBA/L/13/1049 ✓ JFSA Japan 1662 · FSRA ADGM 190018 ✓ CMA Kenya 262	✓ FSCA 49976 · FSC Belize 8557558 ✓ CySEC 120/10
Regulator warningsFCA list, name match	Unauthorised firm using a similar name Unauthorised firm using a similar name Unauthorised firm using a similar name Unauthorised firm using a similar name	Unauthorised firm using a similar name Unauthorised firm using a similar name Unauthorised firm using a similar name
Trustpilot	4.812,187 reviewsRead on Trustpilot ↗	—Read on Trustpilot ↗
Regulator warning naming the firm	Yes	Yes
Visit	Visit AvaTrade	Visit XM

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Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.