24option vs XM

24option was founded in 2010 and initially specialised in binary options trading. However, this is no longer offered in Europe. Instead, since 2018 24option has focused entirely on trading Forex and CFDs. The broker is based in Cyprus and is regulated by the Cypriot financial supervisory authority CySec. XM (formerly XEMarkets) is a Cyprus-based forex and CFD broker founded in 2009 and regulated by the Cypriot financial supervisory authority CySEC. XM is also regulated by the British Financial Conduct Authority (FCA) and is registered there as a financial services provider.

Broker 24option AVATrade XM
Headquarters Cyprus Dublin Cyprus
Spanish
MM/STP Broker
ECN Broker
Founded 2010                       2006                       2009
Regulated By CySEC
Regulated By NFA
Regulated By FCA
Regulated By ASIC
Minimum Deposit $ 250 $250 $5
Maximum Leverage 1:400 1:400 1:500
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots
Commission
Deposit Fee
Withdrawal Fee
Fixed Spreads
Variable Spreads
EUR/USD Spread (Variable) 3.00 1.90 0.50
View all spreads View all spreads View all spreads
Demo Account
Micro Account
Zero Spread Account
Islamic Account
Deposit Bonus 50%
No Deposit Bonus
Currency Pairs 40 60 57
CFDs 139 171 356
Cryptocurrencies
Stocks
Indices
Energies
Metals
View Instruments View Instruments View Instruments
MetaTrader 4
MetaTrader 5
Mobile App
iOS
Android
Web Platform
cTrader
NinjaTrader
Mirror Trader
ZuluTrade
Social Trading
Signals
Scalping
Hedging
VPS
Expert Advisor
PayPal
Neteller
Skrill                                            
Payoneer
Credit Card
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