Feature | Exness | FXGT |
|---|---|---|
Regulation | Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) | Regulated by FSA (Seychelles), FSCA (South Africa) |
Account Types | Standard, Raw Spread, Zero, Pro | Mini, Standard, Pro, ECN, VIP |
Minimum Deposit | $1 (Standard), $200 for Professional accounts | $5 for Mini account, higher for other accounts |
Leverage | Up to 1:2000 (may vary by region and asset type) | Up to 1:1000 |
Spreads | Starting from 0.3 pips (Standard), 0 pips on Zero accounts | Variable spreads, generally starting from 0.6 pips |
Commission | Zero commission on Standard, Raw Spread and Zero accounts have commissions (starting at $3.5 per lot per side) | Commissions apply on Pro, ECN, and VIP accounts, varies by asset |
Trading Instruments | Forex, cryptocurrencies, metals, indices, energies, stocks, futures | Forex, cryptocurrencies, indices, metals, energies |
Trading Platforms | MT4, MT5 | MT5, proprietary platform |
Execution Type | Market execution | Market execution |
Deposit Methods | Bank transfer, credit/debit cards, e-wallets (Neteller, Skrill, etc.), cryptocurrency | Bank transfer, credit/debit cards, e-wallets, cryptocurrency |
Withdrawal Fees | No fees for most methods | No fees for certain methods, fees may apply on some methods |
Customer Support | 24/7 multilingual support, available via chat, email, and phone | 24/5 support, available via chat, email, and phone |
Copy Trading | Available through the Exness Social Trading app | Available on certain account types |
Research & Education | Extensive educational resources, including articles, webinars, and analysis | Basic educational materials, analysis, and market insights available |
Bonus Programs | Limited or no bonuses, as Exness focuses on competitive pricing and trading conditions | Frequent promotions and bonuses, including welcome bonuses, deposit bonuses |
Social Media Integration | Available, primarily through Exness Social Trading | Not explicitly stated, typically reliant on platform features |
Trading Tools | Free VPS, economic calendar, trading calculator, advanced analytics | Basic tools like VPS for certain accounts, standard analysis tools |
Account Opening Speed | Fast, generally straightforward | Fast, user-friendly onboarding process |
Security of Funds | Segregated accounts, compliance with regulations in multiple jurisdictions | Segregated accounts, compliance with FSA and FSCA |
Demo Account | Yes, available for all account types | Yes, available for all account types |
Islamic (Swap-Free) Account | Available for Standard and Professional accounts | Available, primarily for Mini and Standard accounts |
Negative Balance Protection | Yes | Yes |
Trading Conditions Transparency | Transparent pricing and conditions, displayed openly on the website | Generally transparent, though details vary based on account type |
Market Analysis and Insights | In-depth analysis, daily updates, technical insights | Basic analysis, market summaries |
Compatibility (Desktop/Mobile) | Compatible with desktop and mobile (MT4, MT5), supports both iOS and Android platforms | Desktop and mobile compatibility with MT5, proprietary platform may vary in functionality |
Trading Hours | 24/5 for forex, crypto available 24/7 | 24/5 for forex, crypto available 24/7 |
Currency Pairs Offered | Over 100 pairs, including exotic currencies | Over 60 pairs, major, minor, and exotic pairs |
Cryptocurrency Offering | Extensive crypto selection, over 30 major coins and altcoins | Limited selection compared to Exness, primarily major coins |
Stock CFDs | Available, includes popular global stocks like Apple, Tesla, Amazon | Limited selection, focuses on key US and European stocks |
Commodity CFDs | Includes energies (oil, gas), metals (gold, silver, platinum) | Primarily energies and metals, limited variety |
Fractional Shares | Available, allowing smaller investment sizes in individual stocks | Not available |
Swap Conditions | Flexible, with overnight interest rate charges depending on asset class | Competitive swap rates on Standard and Pro accounts |
Order Types | Market orders, limit orders, stop orders, trailing stops | Market orders, limit orders, stop orders, some advanced order types |
Trading Styles Supported | Scalping, hedging, high-frequency trading allowed | Scalping and hedging allowed, restrictions on high-frequency trading may apply |
Account Currencies | Supports multiple account currencies, including USD, EUR, GBP, AUD, and cryptocurrencies | Limited selection, primarily USD and select major currencies |
PAMM/MAM Accounts | MAM account support available for money managers | PAMM accounts available for managing multiple accounts, ideal for professional traders |
Affiliate Program | Yes, attractive partner program for affiliates, with revenue sharing | Yes, offers bonuses and revenue sharing, varying based on trading volume |
Platform Customizability | High customizability with MT4 and MT5, indicators, and EAs | Limited on proprietary platform, MT5 allows for custom indicators and EAs |
Economic Indicators | Regular updates, comprehensive economic calendar, integrated with platform | Basic economic calendar, some limited insights |
Stop Out Level | 0-30%, depending on account type | 20-40%, varying with account |
Position Sizing | Supports micro lots (0.01 lots) | Micro lots supported, minimum lot sizes vary by account |
Trading Competitions | Occasional trading contests with cash prizes and bonuses | Regular contests and competitions, particularly in conjunction with bonuses |
Market Depth | Market depth information available on MT5 | Limited market depth information on MT5 |
Risk Management Tools | Stop loss, take profit, trailing stop, margin calculator | Stop loss, take profit, margin calculator |
News Feed Integration | Real-time news feeds and financial insights available | Limited, mostly market summaries and occasional alerts |
Social Trading Capabilities | Yes, available through Exness’s proprietary app | Limited social trading options, relies more on trading communities |
KYC Requirements | Full KYC required for withdrawals and higher leverage | KYC required for account verification and larger deposits |
Withdrawal Speed | Instant withdrawals for most methods, especially crypto and e-wallets | Instant withdrawals on selected accounts, variable speed on other accounts |
Trading Alerts | Customizable alerts via platform notifications, mobile push notifications | Basic alerts, primarily through MT5, email notifications available |
Web-Based Trading Platform | Yes, web-based MT4 and MT5, accessible from browsers | Web-based MT5, proprietary platform also has browser support |
Interest on Deposits | Not available | Limited accounts with interest accrual on deposit balance, subject to terms |
Support Languages | Over 10 languages including English, Spanish, Chinese, Arabic, and more | Primarily English, some additional languages for support but fewer than Exness |
Fee Transparency | Fully transparent fee structure available on website | Transparent fees, but limited disclosures on certain account types |
Mobile App Features | Comprehensive, includes account management, news, trading, and deposits/withdrawals | Basic trading features, fewer account management options compared to Exness |
Analytics Tools | Advanced tools like tick history, indicators, volatility calculators | Standard tools like economic calendars, limited advanced analytics tools |
Client Base | Large international client base, especially in Asia, Europe, and Middle East | Growing client base, focused on specific regions including Africa, parts of Asia, and some in Europe |
Innovation in Trading Features | Constantly innovating with new tools, platforms, and mobile app updates | More traditional approach, tends to adopt features slower compared to Exness |
Order Execution Speed | High-speed execution, typically under 0.1 seconds, optimized for fast trading | Fast execution on MT5, but typically averages slightly longer than Exness |
Weekend Trading | Available for cryptocurrencies and select other instruments | Available for cryptocurrencies |
Account Customization | Highly customizable account settings (leverage, risk limits, etc.) | Limited customization, mainly leverage adjustments |
Platform Integrations | Integrates with TradingView, compatible with MT4/MT5 plugins and custom scripts | MT5-compatible, limited integration with third-party apps |
Automated Trading | Fully supports EAs (Expert Advisors) on MT4/MT5 | Supports EAs on MT5 |
Trading APIs | API access available for professional traders and institutions | Limited API access |
Data Protection | Advanced encryption, secure server environment, complies with GDPR | Standard encryption and secure protocols, GDPR-compliant |
Backtesting Capabilities | Available on MT4/MT5, allows traders to backtest strategies | Basic backtesting on MT5 |
Latency Reduction | Uses multiple data centers globally to reduce latency, especially for high-frequency trading | Latency is managed via regional servers, slightly higher than Exness |
Inactivity Fee | No inactivity fee | Inactivity fee may apply after a period of non-usage |
Segregated Funds | Funds are held in segregated accounts in top-tier banks | Funds are held in segregated accounts, but limited details on banks used |
Partnership Programs | Offers both Affiliate and Introducing Broker (IB) programs | Partner and affiliate programs available, with commission structures based on trading volume |
Cloud-Based Solutions | Offers cloud-based MT5 for professional traders | Primarily desktop and app-based, limited cloud-based solutions |
Environmental Responsibility | No specific focus on sustainability | No known initiatives focused on environmental impact |
User Interface (UI) | Clean, intuitive, and user-friendly UI on both desktop and mobile platforms | User-friendly but simpler UI, focuses on essential tools |
Spread Reduction Mechanism | Offers occasional spread reduction promotions and incentives | Variable spreads based on account type, limited promotional spread reductions |
Trading Calculator | Detailed trading calculator for position sizing, risk management, and pip values | Standard trading calculator |
Rebates Program | Available for high-volume traders, provides cost-saving benefits on trades | Rebate programs available for high-volume traders |
Economic Calendar Customization | Customizable with regional economic events, alerts, and real-time updates | Standard economic calendar without regional customization |
Professional Trader Services | Dedicated account managers, professional analysis, and custom risk assessment | Limited professional services compared to Exness, mainly reserved for VIP clients |
Transparency of Order Book | Visible order book depth for certain assets on MT5 | Limited order book transparency |
Risk Warnings and Alerts | Real-time risk warnings, volatility alerts, and margin warnings | Standard risk alerts and margin warnings on MT5 |
Promotional Tools for Affiliates | Customizable promotional tools, detailed analytics, and support for affiliates | Standard promotional tools with limited customization |
Regional Restrictions | Restricted in some regions, including the US and certain regulated markets | Similar regional restrictions, also unavailable in certain US-regulated markets |
Crypto Withdrawal Options | Fast crypto withdrawals for Bitcoin, Ethereum, Tether, and several others | Limited to select cryptocurrencies, generally supports Bitcoin, Ethereum, Tether |
Educational Webinars | Regular webinars for beginner and advanced traders, multilingual sessions available | Occasional webinars, primarily in English and limited language support |
Historical Price Data | Extensive historical data available for backtesting and analysis | Limited historical data access compared to Exness |
Negative Balance Recovery | Clients' accounts reset to zero if they go negative due to volatility | Negative balance protection, resets to zero for affected accounts |
Market-Making Model | Primarily operates as an ECN/STP broker | Operates as a hybrid market maker and ECN/STP broker |
Risk Management for Professional Traders | Customizable risk tools and parameters for professional and institutional traders | Limited options for professional-level risk management |
Daily Market Review Emails | Detailed daily market review emails, tailored to account type and trading preferences | Basic daily market summaries |
Social Responsibility Initiatives | Occasional charitable initiatives and community projects, though not a major focus | No significant social responsibility or charity programs known |
Advanced Charting | Advanced charting capabilities on MT4 and MT5, indicators, and customizable charts | Basic charting tools with customization on MT5 |
Algorithmic Trading Support | Full support for algorithmic trading, particularly on MT5 | Limited support for algorithmic trading |
Corporate Accounts | Yes, supports corporate accounts | Limited support, mainly individual and institutional accounts |
Competitive Rankings | Generally ranked highly among Asian and European traders for execution speed and reliability | Competitively ranked in emerging markets, growing popularity |
Intuitive Learning Portal | Comprehensive learning portal with topics from basics to advanced trading strategies | Limited educational materials compared to Exness |
User Community and Forums | Active trading community, including forums and online trading groups | Smaller community presence, limited engagement in social trading spaces |
Exness and FXGT are both popular online brokers offering forex and CFD trading, but they differ in account types, platform options, trading conditions, and additional tools. Exness is renowned for its regulatory compliance, high-speed execution, extensive asset range, and customizable tools, making it ideal for both beginner and advanced traders. FXGT, on the other hand, offers a simpler, budget-friendly trading environment with frequent bonuses and promotions, catering to traders in emerging markets.