Comparison of AvaTrade and xChief
| Feature | AvaTrade | xChief |
|---|---|---|
| Broker | ||
| Year Founded | 2006 | 2014 |
| Broker Type | MM | STP, ECN |
| Dealing | B-book | A-book |
| Execution | Market | Market |
| Regulation | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | MISA, ASIC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:400 | 1:1000 |
| Minimum Deposit | $100 | $1 |
| Base Currencies | USD, EUR, GBP, CHF | USD, EUR, GBP |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
| Inactivity Fee | $50 per month after 3 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | - |
| Protection Size | £85 000 / €20 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies, CFDs |
| Review | AvaTrade Review | xChief Review |
About AvaTrade
AvaTrade is a well-established Forex and CFD broker recognized for its comprehensive trading platforms, diverse range of financial instruments, and robust regulatory framework. Founded in 2006, AvaTrade serves clients worldwide, offering access to major and minor currency pairs, commodities, indices, cryptocurrencies, and more. The broker supports multiple trading platforms, including the popular MetaTrader 4 and 5, as well as its proprietary AvaTradeGo app, catering to both desktop and mobile traders. AvaTrade is regulated by several reputable authorities, ensuring a high level of security and trust for its clients. Additionally, the broker provides a variety of account types to suit different trading styles and experience levels, along with extensive educational resources and customer support to assist traders in making informed decisions. With competitive spreads, flexible leverage options, and efficient withdrawal processes, AvaTrade stands out as a reliable choice for both novice and experienced Forex traders.
Pros
- Regulated by multiple top-tier financial authorities
- Offers MetaTrader 4, MetaTrader 5, and AvaTradeGo app
- Provides access to Forex, commodities, indices, and cryptocurrencies
- Extensive tutorials, webinars, and market analysis available
- Offers tight spreads across numerous trading instruments
- Free demo accounts available for practice trading
- Multilingual support available through various channels
Cons
- Maximum leverage may be lower than what some traders desire
- AvaTradeGo app offers fewer customization options
About xChief
xChief is an international multi-asset broker established in 2014 (formerly ForexChief). Regulated by MISA (Comoros) and ASIC (Australia), it offers MetaTrader 4/5, a mobile app, spreads from 0 pips, leverage up to 1:1000, cent accounts, PAMM/MAM, copy trading, a $100 no-deposit bonus and a welcome bonus up to $500.
Pros
- Low minimum deposit
- Tight spreads
- High leverage
- MT4/MT5 support and copy trading
- Up to $600 in combined bonuses
Cons
- Limited educational resources
- Customer support can be slow
- Bonus terms require high turnover
AvaTrade & xChief Regulation
| Feature | AvaTrade | xChief |
|---|---|---|
Companies | Ava Trade EU Ltd, Ava Trade Markets Ltd, Ava Capital Markets Australia Pty Ltd, Ava Capital Markets Pty, Ava Trade Japan K.K., AVA Trade Middle East Ltd, ATrade Ltd, Friedberg Mercantile Group Ltd. | xChief Ltd, xChief Pty Ltd |
Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Comoros, Australia |
Regulators | Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO | MISA, ASIC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL) | - |
Investor Protection Size | £85 000 / €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
AvaTrade
Ava Trade EU Ltd, Ava Trade Markets Ltd, Ava Capital Markets Australia Pty Ltd, Ava Capital Markets Pty, Ava Trade Japan K.K., AVA Trade Middle East Ltd, ATrade Ltd, Friedberg Mercantile Group Ltd.
xChief
xChief Ltd, xChief Pty Ltd
Countries
AvaTrade
Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada
xChief
Comoros, Australia
Regulators
AvaTrade
Central Bank of Ireland, KNF, FCA, BVIFSC, ASIC, FSCA, JFSA, JFFA, FSRA, ISA, CIRO
xChief
MISA, ASIC
Investor Protection
AvaTrade
UK Financial Services Compensation Scheme (FSCS), The Investor Compensation Company DAC (ICCL)
xChief
-
Investor Protection Size
AvaTrade
£85 000 / €20 000
xChief
-
Publicly Traded
AvaTrade
xChief
Segregated Accounts
AvaTrade
xChief
Guaranteed Stop Loss
AvaTrade
xChief
Negative Balance Protection
AvaTrade
xChief
Account Types
| Account | AvaTrade | xChief |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | — |
| Min Deposit | $100 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:400 | — |
| Stop Out | 50% | — |
| Margin Call | 100% | — |
STP Account | ||
| Account Name | — | Classic+ |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.6 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
ECN Account | ||
| Account Name | — | DirectFX |
| Min Deposit | — | $50 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.3 |
| Fee | — | $5 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
Zero Account | ||
| Account Name | — | xPRIME |
| Min Deposit | — | $2000 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $6 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Cent Account | ||
| Account Name | — | CENT |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.9 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 30% |
| Margin Call | — | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Market Maker Account
Account Name
AvaTrade
Standard
xChief
—
Min Deposit
AvaTrade
$100
xChief
—
Lot Size
AvaTrade
0.01
xChief
—
Spread Type
AvaTrade
Floating
xChief
—
Execution
AvaTrade
Market
xChief
—
Min Spread
AvaTrade
0.6
xChief
—
Fee
AvaTrade
No
xChief
—
Max Leverage
AvaTrade
1:400
xChief
—
Stop Out
AvaTrade
50%
xChief
—
Margin Call
AvaTrade
100%
xChief
—
STP Account
Account Name
AvaTrade
—
xChief
Classic+
Min Deposit
AvaTrade
—
xChief
$10
Lot Size
AvaTrade
—
xChief
0.01
Spread Type
AvaTrade
—
xChief
Floating
Execution
AvaTrade
—
xChief
Market
Min Spread
AvaTrade
—
xChief
0.6
Fee
AvaTrade
—
xChief
No
Max Leverage
AvaTrade
—
xChief
1:1000
Stop Out
AvaTrade
—
xChief
30%
Margin Call
AvaTrade
—
xChief
50%
ECN Account
Account Name
AvaTrade
—
xChief
DirectFX
Min Deposit
AvaTrade
—
xChief
$50
Lot Size
AvaTrade
—
xChief
0.01
Spread Type
AvaTrade
—
xChief
Floating
Execution
AvaTrade
—
xChief
Market
Min Spread
AvaTrade
—
xChief
0.3
Fee
AvaTrade
—
xChief
$5 per 1 lot
Max Leverage
AvaTrade
—
xChief
1:1000
Stop Out
AvaTrade
—
xChief
30%
Margin Call
AvaTrade
—
xChief
50%
Zero Account
Account Name
AvaTrade
—
xChief
xPRIME
Min Deposit
AvaTrade
—
xChief
$2000
Lot Size
AvaTrade
—
xChief
0.01
Spread Type
AvaTrade
—
xChief
Floating
Execution
AvaTrade
—
xChief
Market
Min Spread
AvaTrade
—
xChief
0
Fee
AvaTrade
—
xChief
$6 per 1 lot
Max Leverage
AvaTrade
—
xChief
1:1000
Stop Out
AvaTrade
—
xChief
50%
Margin Call
AvaTrade
—
xChief
100%
Cent Account
Account Name
AvaTrade
—
xChief
CENT
Min Deposit
AvaTrade
—
xChief
$1
Lot Size
AvaTrade
—
xChief
0.01
Spread Type
AvaTrade
—
xChief
Floating
Execution
AvaTrade
—
xChief
Market
Min Spread
AvaTrade
—
xChief
0.9
Fee
AvaTrade
—
xChief
No
Max Leverage
AvaTrade
—
xChief
1:500
Stop Out
AvaTrade
—
xChief
30%
Margin Call
AvaTrade
—
xChief
50%
Additional Features
Demo Account
AvaTrade
xChief
VIP Account
AvaTrade
xChief
Swap-Free Account
AvaTrade
xChief
Copy Trading
AvaTrade
xChief
VPS
AvaTrade
xChief
PAMM/MAM Accounts
AvaTrade
xChief
Funding and Fees
| Feature | AvaTrade | xChief |
|---|---|---|
Base currencies | USD, EUR, GBP, CHF | USD, EUR, GBP |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal | Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money |
Inactivity fee | $50 per month after 3 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
AvaTrade
USD, EUR, GBP, CHF
xChief
USD, EUR, GBP
Deposit and withdrawal methods
AvaTrade
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PayPal
xChief
Bank Transfer, SEPA, Credit/Debit Card, Cryptocurrencies (BTC, ETH, LTC, BCH, DOGE, USDT, USDC, DAI), Skrill, Neteller, Volet, FasaPay, WebMoney, Perfect Money
Inactivity fee
AvaTrade
$50 per month after 3 months
xChief
Interest on margin
AvaTrade
xChief
Withdrawal fee
AvaTrade
xChief
Trading Platforms and Conditions
| Feature | AvaTrade | xChief |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 0 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
AvaTrade
MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO
xChief
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
AvaTrade
0 ms
xChief
10 ms
Scalping
AvaTrade
xChief
Expert Advisors (EAs)
AvaTrade
xChief
Depth of Market (DOM)
AvaTrade
xChief
Spread
AvaTrade
low
xChief
low
Trading Assets
| Asset | AvaTrade | xChief |
|---|---|---|
Currencies | 53 | 39 |
Indices | 46 | 10 |
Stocks | 614 | 100 |
Cryptocurrencies | 20 | 5 |
Bonds | 2 | 0 |
Metals | 7 | 2 |
Energies | 5 | 3 |
Soft Commodities | 7 | 0 |
ETFs | 61 | 0 |
Currencies
AvaTrade
53
xChief
39
Indices
AvaTrade
46
xChief
10
Stocks
AvaTrade
614
xChief
100
Cryptocurrencies
AvaTrade
20
xChief
5
Bonds
AvaTrade
2
xChief
0
Metals
AvaTrade
7
xChief
2
Energies
AvaTrade
5
xChief
3
Soft Commodities
AvaTrade
7
xChief
0
ETFs
AvaTrade
61
xChief
0
Education and Analytics
| Feature | AvaTrade | xChief |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
AvaTrade
xChief
Indicators
AvaTrade
xChief
Robots
AvaTrade
xChief
Signals
AvaTrade
xChief
Autochartist
AvaTrade
xChief
Expert Analytics
AvaTrade
xChief
News Feed
AvaTrade
xChief
Education Articles
AvaTrade
xChief
Webinars
AvaTrade
xChief
Seminars
AvaTrade
xChief
Bonuses
| Bonus | AvaTrade | xChief |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $500 |
| Details | — | Learn More |
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $100 |
| Details | — | Learn More |
Welcome Bonus
Is available
AvaTrade
xChief
Size
AvaTrade
—
xChief
100%, up to $500
Details
AvaTrade
—
xChief
Contests
| Feature | AvaTrade | xChief |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
AvaTrade
xChief
Contests List
AvaTrade
—
xChief
- Gold WhaleStart Balance: $100 · Prize Pool: $5000 · Period: MonthlyLearn More
Customer Support
| Contact | AvaTrade | xChief |
|---|---|---|
Email | customer@avatrade.com | support@xchief.com |
Phone | +3228080310 | +6180936512 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — |
Email
AvaTrade
xChief
Phone
AvaTrade
xChief
Telegram
AvaTrade
xChief
—
Facebook
AvaTrade
xChief
—
LinkedIn
AvaTrade
xChief
—
YouTube
AvaTrade
xChief
—
Instagram
AvaTrade
xChief
—
Twitter
AvaTrade
xChief
—
Which Broker is Better?
After comparing AvaTrade and xChief, AvaTrade comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.