Feature | Exness | CMC Markets |
|---|---|---|
Founded | 2008 | 1989 |
Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) | FCA (UK), ASIC (Australia), MAS (Singapore), FMA (New Zealand), IIROC (Canada) |
Trading Instruments | Forex, CFDs on cryptocurrencies, indices, stocks, metals, energies | Forex, CFDs on cryptocurrencies, indices, stocks, commodities, treasuries |
Number of Instruments | 200+ | 10,000+ |
Account Types | Standard, Standard Cent, Pro, Zero, Raw Spread | Spread Betting (UK), CFD Account (International), Corporate Account, Stockbroking Account (Australia) |
Minimum Deposit | $1 (Standard Cent), $500 (Pro) | No minimum deposit required |
Leverage | Up to 1:2000 (depending on region) | Up to 1:500 (depending on region and asset) |
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Web Terminal | MetaTrader 4 (MT4), Next Generation platform (proprietary) |
Order Execution | Market execution | Market execution |
Spreads | As low as 0.0 pips on Raw Spread and Zero accounts | Variable spreads, starting from 0.7 pips on forex (Next Generation platform) |
Commissions | $3.50 per side (on Raw Spread account) | Variable (included in spread for most accounts, commission-only on shares) |
Trading Fees | Spread-based for Standard accounts, low fees on Raw Spread accounts | Mostly spread-based, commission-only structure on share CFDs |
Deposit Fees | Free | Free |
Withdrawal Fees | Free | Free, but third-party fees may apply depending on the withdrawal method |
Inactivity Fees | None | Yes, £10 (or equivalent) per month after 12 months of inactivity |
Customer Support | 24/7 support available through chat, phone, and email | 24/5 support available through chat, phone, and email |
Educational Resources | Webinars, tutorials, trading articles | Webinars, tutorials, trading articles, economic calendar, trading tools |
Research Tools | Economic calendar, VPS hosting, market news, analysis | Advanced charting (Next Generation platform), client sentiment, Reuters news |
Demo Account | Yes, MT4 and MT5 | Yes, MT4 and Next Generation |
Mobile Trading | Available (MT4, MT5, Exness Trader app) | Available (Next Generation, MT4 apps) |
API Trading | Available on selected account types (Exness Terminal API) | Available through Next Generation API |
Social Trading | Not available | Yes, through integrations with third-party platforms |
Copy Trading | Available via Exness Social Trading app | Not directly available |
Pros | Low fees on advanced accounts, high leverage, diverse payment methods, robust support | Wide range of trading instruments, strong regulatory status, proprietary platform with advanced features |
Cons | Limited asset variety compared to CMC, no proprietary platform | Limited leverage on non-professional accounts, inactivity fee |
Execution Speed | Ultra-fast, averaging 0.1 seconds | Fast, averaging 0.05 seconds |
Pricing Model | Market maker | Market maker, DMA (Direct Market Access) on selected accounts |
Algorithmic Trading | Supported on MT4 and MT5 platforms | Supported on MT4, Next Generation allows API trading |
Risk Management Tools | Negative balance protection, stop loss, take profit | Negative balance protection, guaranteed stop loss (for a fee) |
Platform Customization | Limited customization on MT4/MT5, some with Exness Web Terminal | High customization on Next Generation platform |
Order Types | Market, limit, stop, trailing stop | Market, limit, stop, trailing stop, guaranteed stop |
Advanced Charting Tools | Basic on MT4/MT5, enhanced on Exness Web Terminal | 80+ technical indicators, customizable chart layouts |
News and Analysis | Provided via MT4/MT5 plugins, economic calendar | Integrated Reuters news, economic calendar, Morningstar research |
Trading Signals | Trading Central signals (on select accounts) | Proprietary client sentiment tool, Reuters news |
Backtesting | Available on MT4/MT5 | Available on MT4, limited on Next Generation |
Scalping | Allowed on all account types | Allowed on most account types |
Hedging | Permitted on MT4/MT5 | Permitted on all platforms |
Islamic Account | Available (swap-free) | Available for Islamic clients, swap-free option |
Supported Countries | Over 100 countries, including Africa, Asia, Latin America | Over 70 countries, stronger presence in Europe, Asia-Pacific |
Available Languages | 15+ languages | 10+ languages |
Account Currency Options | Over 80, including major cryptocurrencies | Major global currencies (USD, EUR, GBP, AUD) |
Funding Methods | Bank transfers, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies | Bank transfers, credit/debit cards, PayPal, BPAY, POLi (Australia) |
Processing Time for Withdrawals | Instant for e-wallets, within 24 hours for bank transfers | 1–2 business days for bank transfers, instant on most e-wallets |
Promotions and Bonuses | Occasional promotions in certain regions | No promotions (per regulatory standards) |
Regulatory Protection | Segregated accounts for client funds | Segregated accounts, FSCS (UK) compensation scheme |
Client Sentiment Tools | Available on Exness Web Terminal | Available on Next Generation platform |
Partner/Referral Program | Affiliate program available | Available, affiliate and introducer programs |
Customer Support Languages | Multilingual support in 15+ languages | Multilingual support in 10+ languages |
Professional Account | Available with lower spreads and higher leverage | Available with DMA, priority support |
User Interface | Standard UI on MT4/MT5, intuitive on Exness Web Terminal | Highly customizable on Next Generation, streamlined on MT4 |
Data Security | Two-factor authentication (2FA), encryption | Two-factor authentication (2FA), high-level encryption |
Research Partnerships | Trading Central, Dow Jones Market News | Morningstar equity research, Trading Central |
Social Media Insights | Not available | Social Media News Sentiment (Next Generation platform) |
Platform Compatibility | Compatible with Windows, macOS, iOS, Android | Compatible with Windows, macOS, iOS, Android |
Trailing Stop Range | Flexible, adjustable on MT4/MT5 and Exness platforms | Fully customizable on Next Generation |
Graphical Trading | Limited to basic trendlines on MT4/MT5 | Available on Next Generation, supporting price projection tools |
Account Base Currency Conversion | Built-in conversion on deposits/withdrawals | Auto conversion on deposits/withdrawals with instant rate display |
Market Coverage | Extensive in emerging markets | Extensive in developed markets, strong presence in the UK, Australia |
Volatility Protection Settings | Limited, basic volatility protection | Advanced, including guaranteed stop loss on volatile assets |
Fractional Trading | Not available | Available for shares and ETFs on stockbroking account |
Financial Strength Indicators | Real-time financial metrics available | Full access to fundamental data (stock accounts) |
ETF Access | Only via CFDs | Direct access to ETFs (Australia) |
Stock Trading Options | CFDs only | Direct and CFD stock trading in Australia |
Institutional Services | Offered through partnerships | Dedicated institutional account service |
Retail vs. Professional Accounts | Retail accounts for general users, Pro accounts with tighter spreads | Retail and DMA accounts, priority for professional clients |
User Feedback on TradingView | Integration with TradingView for chart analysis | Direct TradingView integration not available |
Web-Based Trading Interface | Exness Web Terminal with limited features | Full-featured web platform with multiple trading tools |
Webinars & Training Programs | Frequent webinars, live trading sessions | Frequent webinars, seminars, personalized training sessions |
Unique Proprietary Tools | Economic calendar, VPS hosting for MT4/MT5 | Pattern Recognition Scanner, Price Projection Tools on Next Generation |
Auto-Chartist Compatibility | Supported through MT4/MT5 plugins | Supported through platform integrations |
Risk Warning Prompt | Yes, for leveraged trading | Yes, comprehensive risk prompts for leveraged products |
Account History Reports | Standard on MT4/MT5 | Highly detailed, exportable to Excel or CSV format |
Market Liquidity Access | MT4/MT5 liquidity feed | Direct market access (DMA) on specific accounts |
Premium Membership | Not available | Premium membership for advanced users with benefits |
Security Compliance | Advanced compliance checks, 2FA | Advanced compliance checks, 2FA |
Regularity of Platform Updates | Quarterly updates for MT4/MT5, monthly for Web Terminal | Regular updates on the Next Generation platform |
Interest on Unused Funds | Not offered | Interest-bearing on select currency accounts (Australia) |
Overnight Fees | Dynamic swap rates, higher on certain accounts | Variable swap rates, displayed on the platform |
Educational Portal Depth | Comprehensive, with beginner and expert guides | Very extensive, specialized guides and articles |
Resource Accessibility | Easily accessible via website and platform | Extensive accessibility across the platform, website, and app |
Exness and CMC Markets offer diverse trading features, with Exness specializing in high leverage and low fees, while CMC Markets provides a broader asset range and advanced trading tools, especially for experienced users.