Exness vs XM

Exness vs XM Comparison Table 2024
Exness	XM
Review 4.6	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.	XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
Customer Reviews
4 Based on 1 Exness customer reviews	4.6 Based on 24 XM customer reviews
Bonus Offer
	$30 No Deposit Bonus When You Register A Real Account
Promotions
	Improve The Speed & Reliability Of Your Trades With The XM VPS
Comment by Reviewer
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."	"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
Pros
Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side. Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders. Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy. Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests. Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze. Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.	XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections. XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live. XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of <2 minutes and now a growing Telegram channel. XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
Cons
Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers. MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone. Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders. Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds	XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features. Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach. While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders. XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
Awards
Best Multi-Asset Broker - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker in Africa - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker MEA 2024 - iFX EXPO Dubai 2024 Best IB/Affiliate Programme MEA 2024 - iFX EXPO Dubai 2024 Best Trading Conditions 2024 - UF Awards LATAM 2024 Best Multi-Asset Broker - Smart Vision Investment Expo 2023 Most Trusted Broker - Smart Vision Investment Expo 2023	Outstanding Customer Service Global 2024 - Capital Finance International Magazine Best FX Service Provider 2024 - City of London Wealth Management Awards Best FX Broker, Europe 2023 - World Finance Forex Awards Best CFD Provider 2023 - City of London Wealth Management Awards The Best Crypto CFDs 2022 - Financial Expo Egypt Best FX Service Provider 2022 - City of London Wealth Management Awards Best MT4/MT5 Broker 2021 - DayTrading.com Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
Demo Account
Yes	Yes
Minimum Deposit
$10	$5
Trading Platforms
Exness Trade App Exness Terminal MT4 MT5 TradingCentral	MT4 MT5 TradingCentral
Payment Methods
Airtel AstroPay Bitcoin Payments Boleto Cashu Credit Card Debit Card FasaPay M-Pesa Mastercard Neteller Perfect Money Skrill Sticpay Visa WebMoney Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet M-Pesa Neteller Perfect Money Skrill TransferWise Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC	ASIC, CySEC, DFSA, IFSC
Margin Trading
Yes	Yes
Margin Rate
	0.2%
STP Account
Yes	Yes
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS, Android & Windows
App Review
Exness Trade offers the complete mobile trading experience, delivering the broker’s fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it’s an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move.	XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1,000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand.
Android App Rating
4.3	3.9
iOS App Rating
4.4	4.7
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Exness has introduced a unique copy trading feature on its web platform and mobile app. Its user-friendly based on our tests but the performance statistics for strategies could be more detailed to better guide investor decisions.	XM offers copy trading through its intuitive app with exclusive crypto pairs. XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR DKK CHF HKD SGD AED SAR HUF BRL NGN THB VND UAH KWD QAR KRW MXN KES CNY	USD EUR GBP JPY
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq Russell 2000 S&P 500 SIX Swiss Exchange
Commodities
Aluminium Copper Corn Gold Lead Natural Gas Nickel Oil Palladium Platinum Silver Zinc	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage up to 1:2000, tailored for advanced day traders and featuring over 100 technical indicators in its proprietary terminal.	XM delivers for CFD traders with flexible leverage and a huge range of markets, including bespoke thematic indices for exposure to popular sectors like artificial intelligence. The MT4/MT5 platforms are also fast and dependable while a free VPS is available to qualifying XM traders running algo trading strategies.
Leverage
1:Unlimited	1:1000
FTSE Spread
13.6	1.4
GBPUSD Spread
0.0	0.8
Oil Spread
0.0	0.03
Stocks Spread
0.9 (Apple Inc.)	0.002
Forex Trading
Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet.	XM offers a strong selection of currency pairs with no re-quotes or hidden charges, while spreads have come down over the years, now starting from 0.8 pips on the EUR/USD in the commission-free account.
Forex App
	XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities.
GBPUSD Spread
0.0	0.8
EURUSD Spread
0.0	0.8
EURGBP Spread
0.0	1.5
Assets
100+	55+
Currency Indices
USD	USD
Cryptocurrency
Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders.	XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can day trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 120+ crypto derivatives at Eightcap.
Spread
Floating	Variable
Coins
BTC LTC ETH XRP BCH SOL SNX UNI BAT DOT XTZ ADA BNB ENJ FIL DOGE COMP THETA AAVE LINK IOST CAKE MATIC HT MANA HBAR INCH	BTC ETH LTC XRP BCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review