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XTB vs AvaTrade
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Compare XTB vs AvaTrade Side by Side
Can’t decide between XTB and AvaTrade and have doubts of which broker is actually better? Use our detailed guide of XTB Review vs AvaTrade Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | XTB | AvaTrade |
|---|---|---|
| Website | //www.xtb.com | //www.avatrade.com |
| Founded year | 2002 | 2006 |
| Headquarter | UK | Ireland |
| Licenses | UK, Poland, Belize, Spain | Ireland, Australia, Japan, South Africa, UAE, British Virgin Islands, Japan, Cyprus, Israel |
| Minimum Deposit | US$ 0 | US$ 100 |
| Trading Platforms | MT4, xStation 5 | MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, AvaSocial |
| Eurusd avg Spread | 0.8 pips | 0.87 pips |
Licenses
| Feature | XTB | AvaTrade |
|---|---|---|
| Licenses Countries Info (short) |
|
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In terms of regulation, AvaTrade boasts a more diverse regulatory framework holding multiple licenses, including top-tier ASIC and various other jurisdictions, as well as offshore entities to ensure global coverage. XTB is also authorized and regulated, notably by the top-tier UK FCA, known for its stringent code of conduct. Additionally, XTB holds licenses from regulatory authorities in Spain, Poland, and Belize, further demonstrating its commitment to regulatory compliance across multiple regions. (Read why Trade with UK FCA Regulated Brokers)
Broker Types
| Feature | XTB | AvaTrade |
|---|---|---|
| Broker types |
|
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XTB is an STP Broker, ensuring transparent order execution with direct access to the interbank market, potentially reducing trading costs. In contrast, AvaTrade acts as a Market Maker Broker, occasionally taking the opposite side of client trades, which can create conflicts of interest.
Trading Conditions
| Feature | XTB | AvaTrade |
|---|---|---|
| Trading Conditions |
|
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XTB and AvaTrade offer similar trading conditions, making them suitable for beginners with tight spreads and options for copy trading to enhance strategies. Both brokers support a wide range of trading strategies, including scalping and hedging, and provide high leverage trading opportunities. However, XTB stands out by providing enhanced trader protection through guaranteed stop-loss orders, giving traders an added layer of security.
Fees & Commissions
| Fees & Commissions | XTB | AvaTrade |
|---|---|---|
| Inactivity Feemonth | $10 | 0 $ |
| Deposit fee | 0 $ | 0 $ |
| Withdrawal fee | 0 $ | 0 $ |
| Rollover fee eurusd buy 1 lot | -0.000940% | -0.0058% |
| Rollover fee eurusd sell 1 lot | +0.004617% | 0.0058% |
| Avg Eurusd standard acc | 0.8 pips | 0.87 pips |
| Gold | 35 | 40 |
| Brent oil | 4 | 3 pips |
| Bitcoin | 1% | 0.75% |
XTB and AvaTrade both provide competitive fee structures with no deposit and withdrawal fees. However, XTB imposes an inactivity fee, while AvaTrade does not, making AvaTrade the preferred choice for those looking to avoid non-trading charges. In terms of spread offerings, both brokers maintain consistently low and competitive spreads.
Account Types
| Feature | XTB | AvaTrade |
|---|---|---|
| Account types |
|
|
Both brokers offer a variety of accounts tailored to different trading requirements as well as suitable for traders of different expertise levels, additionally, both offer Islamic Accounts.
Markets & Instruments
| Markets & Instruments | XTB | AvaTrade |
|---|---|---|
| Forex | 57 | 55 |
| Indices | 42 | 23 |
| Commodities | 1849 | 29 |
| Cryptocurrencies | 25 | 14 |
| Shares | 1849 | 614 |
| Bonds | ❌ | 2 |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 119 | 59 |
Both XTB vs AvaTrade offer the same range of trading markets, and the number of instruments offered by both brokers is somewhat limited
Trading Platforms
| Feature | XTB | AvaTrade |
|---|---|---|
| Platforms |
|
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AvaTrade provides a wide selection of trading platforms, offering clients the choice between MetaTrader 4, MetaTrader 5, WebTrader, and even a proprietary platform designed to cater to their specific needs. In contrast, XTB offers MetaTrader 4 along with its proprietary trading platform.
Deposit & Withdrawal Methods
| Feature | XTB | AvaTrade |
|---|---|---|
| Payment methods |
|
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Both XTB and AvaTrade offer similar deposit methods including credit/debit cards, as well as they support a number of e-payment platforms. XTB allows for minimum deposits as low as $0, offering flexibility for traders to get started with no initial deposit requirement. On the other hand, AvaTrade mandates a minimum deposit of $100 to open an account.
Others
| Feature | XTB | AvaTrade |
|---|---|---|
| Others |
|
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Others
XTB and AvaTrade provide robust customer support that operates 24/5, effectively attending to traders’ inquiries via multiple communication channels, including live chats, phone support, and email assistance. Furthermore, both brokers have committed to the creation of extensive educational materials, offering a rich array of resources such as webinars, learning guides, and other valuable tools aimed at helping their clients enhance their trading expertise and capabilities.
Conclusion on AvaTrade vs XTB
In summary of XTB and AvaTrade, we have determined that both brokers are reputable, offering highly competitive trading conditions with low spreads and fees, and providing strong educational resources along with reliable support. Traders seeking more advanced options may opt for AvaTrade, as it offers MT5, the more sophisticated version of MT4. Here is our final recommendation:
- XTB – 🥇 Best Currency Trading Broker that guarantees a true STP Trading environment and delivers fair dealing conditions.
- AvaTrade – 🥇 Best MT5 Broker offering high-tech access to an expanded range of instruments and multiple platforms.
