Ayrex vs XM, Who's The Best?
Ayrex Rating
|
XM Rating
|
Your capital is at risk |
77.29% of retail investor accounts lose money when trading CFDs with this provider. |
Ayrex vs XM Guide |
Read our In-Depth Ayrex vs XM Review - Updated for 2024
Our comprehensive analysis of Ayrex and XM has been revised for 2024 from industry experts with years of expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Ayrex vs XM does not apply to all countries as follows:
Ayrex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare Ayrex vs XM
Each trading platforms will have a few ups and downs, so a complete review of Ayrex and XM cannnot be complete without adopting an objective perspective.
Examine Ayrex and XM in order to understand how they line up against one another before you choose to create an account. Performing a side-by-side comparison will place factors in perspective to ensure that you remain informed about what you should anticipate.
So you are looking for a broker and are choosing between Ayrex or XM. Which one is best in 2024?
This Ayrex vs XM comparison contains the most recent information so you can easily compare XM against Ayrex.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the right broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. Ayrex and XM are two such trading platforms which will take you along with your investment into great heights. It is crucial to compare Ayrex vs XM until you trust them with your money.
Our Ayrex vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Ayrex and XM side by side.
Our entire Ayrex vs XM Review covers everything you need to know about trading with either Ayrex or XM. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire way to ensure profits; thus, you should carefully assess your broker before you choose them. It's a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
Ayrex and XM are both brokers which have paved their way successfully to the broker world. Within this review, we've attempted to collate a number of the important facets of both Ayrex and XM. This review can allow you to understand whether either XM or Ayrex is a fantastic match for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Benefits of Ayrex and XM Compared
Ayrex has a minimum deposit of $250 while XM offers a $5 minimum deposit.
Why smaller minimum deposits are good and how Ayrex and XM compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Ayrex has around 40 financial instruments whilst XM allows you to trade around 40 financial instruments on their platform.
The more instruments you can trade on the Ayrex and XM trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Ayrex or XM.
Ayrex and XM Contact Details
Being able to contact your broker through many ways is important. Ayrex and XM have the following contact details and social medias that you can use.
Broker | Ayrex | XM |
---|---|---|
Telephone Number | +357 250 29933 | |
support@xm.com | ||
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
Ayrex Twitter Account | XM Twitter Account | |
Ayrex Facebook Page | XM Facebook Page | |
Ayrex Instagram Account | XM Instagram Account | |
Ayrex LinkedIn Page | XM LinkedIn Page | |
YouTube | Ayrex YouTube Channel | XM YouTube Channel |
Find Out More |
|
|
XM and Ayrex Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Ayrex and XM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Ayrex vs XM - Awards
Broker | Ayrex | XM |
---|---|---|
Awards | At the time of writing this Ayrex review, and despite Ayrex’s impressive offering, the company has surprisingly not garnered any awards to date. |
XM have won many industry awards over the time they have been running as an online trading platform. We detail the most notable awards for XM below.
|
Find Out More |
|
|
Ayrex vs XM - Frequently Asked Questions
Ayrex vs XM - Headquarters And Year Of Founding
Ayrex was founded in 2016 and has its head office in Cyprus.
XM was founded in 2009 and has its headquaters in Cyprus.
What is the minimum deposit for XM or Ayrex
The minimum deposit for Ayrex is $250.
The minimum deposit for XM is $5.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Ayrex and XM are a good option.
Ayrex vs XM - Regulation And Licencing In More Detail
Ayrex is regulated by Cyprus Securities and Exchange Commission (CySEC).
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both Ayrex and XM have a powerful set of rules for ensuring fair trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Ayrex vs XM Commission And Fees
Ayrex and XM are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They're charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither Ayrex or XM charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by Ayrex and XM are comparatively greater. Consequently, you're billed more for non-trading activities in your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This Ayrex vs XM review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Ayrex And XM
What Languages Do Ayrex And XM Support?
Being able to talk easily with your trading broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you will find the languages that both Ayrex and XM offer communication in.
How Many Clients Do Ayrex and XM Have?
Both Ayrex and XM are well established with their client base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers Ayrex and XM are active on their platform
Broker | Ayrex | XM |
---|---|---|
Clients / Users | 10,000+ | 3,500,000+ |
Find Out More |
|
|
What Payment Methods Do Ayrex and XM Accept?
Ayrex and XM both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Ayrex and XM
What Can You Trade With Ayrex and XM?
Ayrex offers 40 trading instruments and XM offers 100.
Below you will find a full breakdown of what both Ayrex and XM offer.
Ayrex Review
Ayrex vs XM:
Table Of Contents
- Compare Ayrex vs XM
- Benefits of Ayrex and XM Compared
- XM and Ayrex Mobile App Comparison
- Ayrex vs XM - Awards
- Ayrex vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or Ayrex
- Ayrex vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For Ayrex And XM
- What Languages Do Ayrex And XM Support?
- How Many Clients Do Ayrex and XM Have?
- What Payment Methods Do Ayrex and XM Accept?
- What Can You Trade With Ayrex and XM?