Quick answer
No winner is selected. Current files cite a CySEC record for Trading Point of Financial Instruments Ltd and a Central Bank of Ireland record for AVA Trade EU Limited. Each match applies to its named entity only and does not establish which company will serve a particular client.
Published: Not recorded
Last reviewed: Not recorded
Author: FXBrokerAlert Research Team
Research methodology: How research and evidence are handled
Sources checked: 2026-10-23, 2026-10-30
Reading time: 6 minutes
Evidence snapshot
| Evidence field | XM | AvaTrade |
|---|---|---|
| Official register matches |
|
|
| Provider disclosures |
|
|
| External review reference | 9.1 / 10 · third-party reference2 source(s) · checked 2026-10-28 | 9.3 / 10 · third-party reference3 source(s) · checked 2026-10-28 |
| FXBrokerAlert Evidence Rating | Not issued | Not issued |
| Fees, leverage, deposit, platform and withdrawals | Not independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms | Not independently verifiedFees, Maximum leverage, Minimum deposit, Platforms, Withdrawal terms |
| FXBrokerAlert-submitted reviews | 0 submitted | 0 submitted |
Entity records are limited to their cited source and jurisdiction. No winner, safety ranking or endorsement is implied.
The XM file cites a CySEC entity record for Trading Point of Financial Instruments Ltd, while the AvaTrade file cites a Central Bank of Ireland record for AVA Trade EU Limited. These are separate companies and regulators. This page makes no comparative safety or suitability claim.
Read the entity and scope on each record
A register entry for one company does not apply automatically to another company using the same brand. Read the authority’s record, status and permissions, then check the actual counterparty in the proposed agreement.
Why the jurisdictions are not interchangeable
Authorities use different registers and permission categories. Client classification, product and country can affect which rules and complaint routes apply. A licence label cannot be compared without context.
Information still needed before comparing terms
- The entity that would contract with a client in the relevant country.
- A dated permission and domain check for that entity.
- A matched fee example covering spread, commission, financing and conversion.
- Current funding, withdrawal, leverage and platform terms for the same account type.
Open the XM research file
Open the AvaTrade research file
Read the CySEC guide
Research limitations
The comparison covers specific records cited in the broker files, not every group entity, account, jurisdiction or present trading term.
Frequently asked questions
Are XM and AvaTrade regulated by the same authority?
The cited records are from different authorities and concern different entities. Check current records and client assignment before comparing protections.
Does this show which broker has lower fees?
No. Like-for-like schedules for the same client entity and account have not been independently verified.
Are either of these brokers risk-free?
No broker licence removes market, leverage or counterparty risk. This page is a source comparison, not a safety guarantee.
Not advice
Official sources & research notes
Official sources
Regulator register: XM: CySEC official register / search · Regulator
Checked 2026-10-30 · Scope: CySEC’s current Investment Firms (Cypriot) entity page lists licence 120/10, company registration number 251334, service codes 1–10 and approved domains including www.xm.com.
Regulator register: AvaTrade: Central Bank of Ireland official register / search · Regulator
Checked 2026-10-30 · Scope: The Central Bank of Ireland register lists AVA Trade EU Limited, trading as AvaTrade, as authorised as an Investment Firm under Regulation 8(3) and deemed authorised under Regulation 5(2) of S.I. 375/2017.
Provider sources
Provider disclosure: XM: Official broker website · XM
Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.
Provider disclosure: XM: Provider legal disclosure · XM
Checked 2026-10-23 · Scope: Provider disclosure identifies the Cyprus entity and claims CySEC licence 120/10.
Provider disclosure: AvaTrade: Official broker website · AvaTrade
Checked date not recorded · Scope: Official website destination only. This website has not been independently reviewed as evidence in this file.
Provider disclosure: AvaTrade: Provider legal disclosure · AvaTrade
Checked 2026-10-23 · Scope: Provider disclosure states AVA Trade EU Ltd is regulated by the Central Bank of Ireland under reference C53877.
Last material update: Not recorded
Methodology: FXBrokerAlert research methodology. Publication dates are not inferred from unrelated profile checks.