XTB vs AvaTrade – a Detailed Side-by-Side Comparison of two Highly regulated and trusted Forex Brokers in South Africa.
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 🔄 General comparison | 4/5 | 4/5 |
| 🏛️ Regulation | 4/5 | 4/5 |
| 📊 Spreads and fees | 4/5 | 4/5 |
| 📈 Trading Platforms | 4/5 | 5/5 |
| 📱 Trading Apps | 5/5 | 5/5 |
| 🛠️ Analytical Tools | 5/5 | 4/5 |
| 🎓 Educational Resources | 4/5 | 5/5 |
| ⭐ Trust Score | 95 | 93 |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Min Deposit
USD 0
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
MT4, xStation
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
XTB vs Avatrade – Key Point Quick Overview
- ☑️ XTB Quick Overview
- ☑️ AvaTrade Quick Overview
- ☑️ Overall Broker Comparison
- ☑️ Regulation Comparison
- ☑️ Assets Comparison
- ☑️ Fees Comparison
- ☑️ Account Types Comparison
- ☑️ Trading Conditions Comparison
- ☑️ Deposit Options Comparison
- ☑️ Trading Platforms Comparison
- ☑️ Analytical Tools Comparison
- ☑️ Educational Resources Comparison
- ☑️ In Conclusion
- ☑️ Our Findings
- ☑️ Frequently Asked Questions
XTB Quick Overview
XTB is a renowned online CFD and Forex broker. In the retail foreign exchange market, the company has become a leader during the last 20 years. When you register a live account, you will be assigned a personal account manager who will be there to assist you personally at every turn.
Intending to provide you with quick and dependable trade execution speeds, no requotes, and complete transaction transparency, XTB includes strong trading technologies in its trading platforms. Moreover, traders can easily see the spread, pip value, and swaps on your orders with the use of the given deal tickets. In addition, there are no trading desks or market-making operations at XTB Ltd.
Trading tools including a trader’s calculator, performance data, and sentiment analysis are included, and trades are executed quickly. It is as easy to withdraw funds from your XTB account as it is to deposit funds.
AvaTrade Quick Overview
AvaTrade was founded in 2006 and now has regulatory licenses in several international financial centers. Through its online, desktop, and mobile trading platforms, AvaTrade provides spot forex, forex options, and CFDs on a few asset classes, including cryptocurrencies. Moreover, AvaTrade’s mobile apps offer a mobile experience that will please many traders.
Access to Trading Central’s research modules is being made available by AvaTrade, which also produces daily in-house research content in the form of videos and articles. In addition to the company’s internal specialists, Trading Central and other outside suppliers have also contributed to AvaTrade’s vast collection of educational resources.
Overall Broker Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 🔄 General comparison | 4/5 | 4/5 |
| 🏛️ Regulation | 4/5 | 4/5 |
| 📊 Spreads and fees | 4/5 | 4/5 |
| 📈 Trading Platforms | 4/5 | 5/5 |
| 📱 Trading Apps | 5/5 | 5/5 |
| 🛠️ Analytical Tools | 5/5 | 4/5 |
| 🎓 Educational Resources | 4/5 | 5/5 |
| ⭐ Trust Score | 95 | 93 |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Regulation Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| ⭐ Trust Score | 95 | 93 |
| 📅 Year founded | 2002 | 2006 |
| 🇿🇦 Licensed in South Africa | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
AvaTrade is regulated by various financial bodies globally, including the European Union, Australia, Japan, South Africa, and the British Virgin Islands. On the other hand, XTB is regulated by the Financial Conduct Authority
Assets Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 📈 Forex | ✅Yes | ✅Yes |
| 📉 Number of Forex pairs | 49 | 55 |
| 📊 CFDs | ✅Yes | ✅Yes |
| 💹 Bonds | None | ✅Yes |
| 🍎 Commodities | ✅Yes | ✅Yes |
| 📌 ETFs | ✅Yes | ✅Yes |
| 📍 Treasuries | None | ✅Yes |
| 📈 Indices | ✅Yes | ✅Yes |
| 📉 Options | None | ✅Yes |
| 📊 Futures | None | None |
| 💎 Precious Metals | ✅Yes | ✅Yes |
| 💡 Energies | ✅Yes | ✅Yes |
| 🔢 Individual Shares | ✅Yes | ✅Yes |
| 🅰️ US Stock Trading | ✅Yes | None |
| 🅱️ International Stock Trading | ✅Yes | None |
| 🪙 Cryptocurrency CFDs | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
When compared, AvaTrade offers South Africans 55 currency pairs that can be traded and spread across major, minor, and exotic pairs. XTB only offers 49 forex pairs.
Fees Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 💴 Average Spread for EUR/USD | 0.5 pips | 0.9 pips |
| 💶 Commissions Charged | ✅Yes | None |
| 💵 ECN Execution | ✅Yes | None |
| 💷 Market Maker Execution | ✅Yes | ✅Yes |
| 💴 Inactivity Fee | None | ✅Yes |
| 💶 Currency Conversion Fees | ✅Yes | ✅Yes |
| 💵 Deposit Fee | None | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
When comparing XTB and AvaTrade’s trading costs and fees, XTB stands out as the cheaper broker based on the average spreads. Neither AvaTrade nor XTB charges any commissions and the broker’s fee is already included in the account. AvaTrade does not charge any deposit or withdrawal fees, but XTB charges fees on several payment methods.
Account Types Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 1️⃣ Standard Account | ✅Yes | ✅Yes |
| 2️⃣ Cent Account | None | None |
| 3️⃣ Commission-Free Account | ✅Yes | ✅Yes |
| 4️⃣ ECN Account | None | None |
| 5️⃣ Demo Account | ✅Yes | ✅Yes |
| 6️⃣ Islamic/Swap-Free Account | ✅Yes | ✅Yes |
| 7️⃣ Managed Accounts | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
When compared, both Brokers offer an impressive range of account types. Moreover, Islamic, Swap-Free trading is offered by AvaTrade and XTB.
Trading Conditions Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 📈 Hedging | ✅Yes | ✅Yes |
| 📉 Scalping | ✅Yes | ✅Yes |
| 📊 Beginner Trading | ✅Yes | ✅Yes |
| 💹 Professional Trading | ✅Yes | ✅Yes |
| 💱 Copy/Social Trading | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
When compared, the Trading conditions on offer from AvaTrade and XTB are neck in neck. Both Brokers allow scalping and hedging with Social/Copy Trading on offer.
Deposit Options Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 💴 Bank wire | ✅Yes | ✅Yes |
| 💶 MasterCard | ✅Yes | ✅Yes |
| 💵 PayPal | ✅Yes | ✅Yes |
| 💷 Skrill | ✅Yes | ✅Yes |
| 💴 Neteller | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
Both Forex Brokers offer a wide range of trusted Deposit options and withdrawal methods. Options offered by both brokers include MasterCard, PayPal, and, Neteller.
Trading Platforms Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 💻 Desktop Platform | ✅Yes | ✅Yes |
| 📱 Mobile App | ✅Yes | ✅Yes |
| 🥰 Social Trading | ✅Yes | ✅Yes |
| 4️⃣ MetaTrader 4 | None | ✅Yes |
| 5️⃣ MetaTrader 5 | None | ✅Yes |
| ©️ cTrader | None | None |
| ➕ DupliTrade | None | ✅Yes |
| ⚙️ ZuluTrade | None | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
XTB offers proprietary trading platforms whereas AvaTrade offers a choice between its proprietary software and third-party software including MetaTrader, DupliTrade, and ZuluTrade.
Analytical Tools Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 📅 Economic Calendar | ✅Yes | ✅Yes |
| ✏️ Social Sentiment | ✅Yes | ✅Yes |
| 📔 Trading Central | None | ✅Yes |
| 📚 AutoChartist | None | None |
| 📒 Forex News Sources | ✅Yes | ✅Yes |
| 📑 Daily Market Commentary | ✅Yes | ✅Yes |
| 🗃️ Virtual Private Server (VPS) | None | None |
| 🗄️ Trading View | None | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
Both XTB and AvaTrade provide a large list of Analytical tools, including Economic Calendars and Social Sentiments. However, AvaTrade alone offers access to Trading Central.
Educational Resources Comparison
| 🔎 Broker | 🥇 XTB | 🥈 Avatrade |
| 🎓 Offers education | ✅Yes | ✅Yes |
| 🖋️ Webinars | ✅Yes | ✅Yes |
| 🖍️ Beginner training videos | ✅Yes | ✅Yes |
| 🗂️ Advanced training videos | ✅Yes | ✅Yes |
| 📝 Tutorials | None | ✅Yes |
| 🧩 eBooks | None | ✅Yes |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here |
Our Findings
When compared, AvaTrade takes the clear lead in regards to Educational resources. It provides Advanced trading material, eBooks, and, Webinars. XTB offers access to Webinars and eBooks.
In Conclusion
AvaTrade and XTB have proven to be excellent Broker choices with impressive all-round offerings. Moreover, it is suited to all levels of Traders in South Africa.
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Our Findings
While comparing AvaTrade and XTB we have found that each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Selecting the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like: AvaTrade Review
You might also like: XTB Review
Frequently Asked Questions
Do these brokers both offer MetaTrader?
Only AvaTrade offers MetaTrader. XTB only offers its proprietary xStation 5 and xStation Mobile.
Is it safe to trade with XTB?
It is safe to trade with XTB based on its regulatory status, trust score, and client fund protection policies. XTB places an extremely high priority on ensuring the security of financial resources.
Is it safe to trade with AvaTrade?
AvaTrade has an overall Trust Score of 93 out of 100. Moreover, AvaTrade has received licensing from multiple Tier-1 Regulators.
Is XTB a good broker?
XTB is a good multi-asset, multi-regulated, and award-winning broker that offers some of the best customer support, a wide range of instruments, and an overall satisfactory trading experience.
Is AvaTrade a good broker?
AvaTrade can be summarized as a reliable and risk-free broker that offers a copy trading platform that is straightforward and intuitive to use and is regulated in South Africa.
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