Exness vs FXTM Comparison & Reviews

FeatureExnessFXTM
RegulationRegulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)
Year Established20082011
Trading PlatformsMetaTrader 4, MetaTrader 5, Exness Trader AppMetaTrader 4, MetaTrader 5, FXTM Trader App
Account TypesStandard, Standard Cent, Pro, Zero, Raw SpreadMicro, Advantage, Advantage Plus
Minimum Deposit$1 for Standard account$10 for Micro, $500 for Advantage and Advantage Plus
Spread TypeVariable and RawVariable
Spreads (Typical)From 0.3 pips on Standard, 0.0 on Raw Spread, ZeroFrom 1.5 pips on Micro, 0.0 pips on Advantage, Advantage Plus
LeverageUp to 1:2000, unlimited for specific account types under certain conditionsUp to 1:2000, varies based on instrument and region
Trading InstrumentsForex, Commodities, Indices, Cryptocurrencies, StocksForex, Commodities, Indices, Cryptocurrencies, Stocks
Deposit MethodsBank Transfer, Credit/Debit Cards, eWallets (Skrill, Neteller, WebMoney), CryptocurrencyBank Transfer, Credit/Debit Cards, eWallets (Skrill, Neteller, WebMoney), Cryptocurrency
Withdrawal MethodsSame as deposit methods, some instant withdrawals depending on methodSame as deposit methods
Execution TypeMarket ExecutionMarket Execution
Order Execution SpeedFast execution, typically under 0.01 secondsFast execution, typically under 0.2 seconds
Negative Balance ProtectionYesYes
Educational ResourcesWebinars, Video Tutorials, Trading Articles, Demo AccountWebinars, Video Tutorials, Trading Articles, Demo Account
Customer Support24/7, multilingual support24/5, multilingual support
Research ToolsTrading Central, Economic Calendar, Trading SignalsTrading Signals, Economic Calendar, FXTM Pivot Points Strategy
Islamic AccountsYes, swap-free option available for Islamic tradersYes, swap-free option available for Islamic traders
Copy TradingYes, via Exness Social Trading platformYes, via FXTM Invest platform
Demo AccountYes, unlimited demo accounts availableYes, unlimited demo accounts available
Cryptocurrency PairsYes, including Bitcoin, Ethereum, Litecoin, RippleYes, including Bitcoin, Ethereum, Litecoin, Ripple
Additional FeaturesVPS hosting for eligible accounts, AI-driven trading insights, Trade CalculatorVPS hosting for eligible accounts, PAMM (Percentage Allocation Money Management) accounts for investors
CommissionZero commission on Standard accounts, commission on Raw Spread and Zero accountsCommission-free on Micro account, commission on Advantage accounts
Promotions & BonusesLimited promotional offersOffers bonuses and periodic promotions for Advantage accounts
Mobile TradingFully supported on iOS and AndroidFully supported on iOS and Android
Account CurrenciesUSD, EUR, GBP, AUD, various local currencies depending on the regionUSD, EUR, GBP, NGN, various local currencies depending on the region
Available Languages15+ languages, including English, Spanish, Russian, Chinese10+ languages, including English, Spanish, French, Russian, Chinese
Social Trading AvailabilityAvailable via Exness Social Trading appAvailable via FXTM Invest for copying trades
Algorithmic TradingSupported via MetaTrader 4 and 5 using Expert Advisors (EAs)Supported via MetaTrader 4 and 5 using Expert Advisors (EAs)
Stop Loss/Take ProfitYes, available for all account typesYes, available for all account types
Price Alerts & NotificationsAvailable on trading platforms, mobile app notifications, desktop notificationsAvailable on trading platforms, mobile app notifications
Hedging AllowedYes, allowed on all account typesYes, allowed on all account types
Scalping AllowedYes, scalping permittedYes, scalping permitted
Pending OrdersMarket, Limit, Stop, and Trailing orders availableMarket, Limit, Stop, and Trailing orders available
Guaranteed Stop LossNot availableNot available
Swap-Free AccountsApplicable to specific account types for Muslim clientsAvailable for Islamic accounts without swap fees
Rebates ProgramNo rebate program, but lower spreads and commissions available on certain accountsYes, with loyalty cashbacks and rebates available
News FeedLive news feed integrated in the platformIntegrated financial news feed
Trading CompetitionsOccasionally available through limited-time offersPeriodic trading contests for clients
Account Inactivity FeesNo inactivity feesInactivity fees apply after six months of no trading activity
Conversion FeesYes, applicable for non-base currency depositsYes, applicable for non-base currency deposits
Automated Withdrawal ProcessingYes, on specific methods such as e-walletsYes, though processing times may vary by method
Minimum Lot Size0.01 lots0.01 lots
Maximum Number of OrdersUp to 100 orders for most accountsUp to 300 orders depending on account type
Financial ReportsMonthly and annual financial reports available for registered clientsQuarterly and annual financial reports available for transparency
Order History RetentionComprehensive, with historical trade data accessible via platformComprehensive, historical trade data available via platform
Trading ToolsLeverage Calculator, Profit Calculator, Currency ConverterPivot Points Strategy Tool, Trading Signals, Leverage Calculator
Client Fund SegregationClient funds are kept in segregated accounts with tier-1 banksClient funds are segregated in top-tier bank accounts for security
Licenses for Different RegionsSpecific licenses and offerings depending on region (e.g., CySEC for EU)Specific licenses for different regions (e.g., CySEC, FSC for certain regions)
Risk Management ToolsMargin call alerts, stop out levels, customizable risk alerts on appMargin call alerts, stop out levels, Risk Management educational resources
Account Verification ProcessQuick, automated verification process, KYC compliantAutomated and manual verification, KYC compliant
Advanced Charting ToolsIntegrated with MetaTrader 4 and 5, customizable indicators, multi-chart layoutIntegrated with MetaTrader 4 and 5, numerous charting tools, multi-chart layout
Order Types SupportedMarket orders, Limit orders, Stop orders, Trailing StopMarket orders, Limit orders, Stop orders, Trailing Stop
Data Security & EncryptionSSL encryption, two-factor authentication, regular auditsSSL encryption, two-factor authentication, regular audits
Trading Volume RequirementsNo trading volume requirements for retail accountsNo volume requirements for retail accounts, volume-based loyalty program for professional
Platform CustomizabilityHighly customizable MT4/MT5 layouts, customizable Exness mobile app settingsFull customizability with MT4/MT5, customizable FXTM mobile app
Interest on Unused FundsNo interest on unused funds in trading accountsNo interest on unused funds
Technical Support ChannelsLive chat, email, phone support, social media channels, and knowledge baseLive chat, email, phone support, comprehensive FAQ section, and knowledge base
Affiliate ProgramYes, offers competitive commissions and marketing materialsYes, comprehensive affiliate and referral program with tiered commissions
Professional Client ServicesDedicated account manager for high-volume clients, advanced analytical toolsDedicated account manager for VIP clients, access to FXTM Invest insights
Latency & Execution AccuracyLow latency trading with precise execution times for rapid order fulfillmentLow latency trading, VPS available for professional and high-frequency traders
Social Media PresenceActive on Twitter, Facebook, YouTube with regular updates, webinars, and educational videosActive on Twitter, Facebook, YouTube, and LinkedIn, offers educational content and news
Customer Support LanguagesMultilingual, including English, Chinese, Russian, ArabicMultilingual, including English, French, Spanish, Russian, Chinese
Market Insights & AnalysisRegular market insights, real-time analysis, economic calendarDaily and weekly analysis, market commentary, economic calendar
Regulatory Compliance ReportingQuarterly and annual financial compliance reports, transparent operational disclosuresQuarterly financial reports, adherence to international AML/CFT regulations
HFT (High-Frequency Trading) SupportPermitted on advanced account types, low latency data feedsPermitted, low latency for professional accounts, optimized servers
Trading Signal ServicesAvailable via MT4/MT5 platforms, customized signals on specific assetsSignals via MT4/MT5, FXTM proprietary signals, FXTM Pivot Points
Referral BonusesPeriodic referral programs for users and affiliates, variable bonuses by regionYes, frequent referral bonuses with regional promotions
Web-Based TradingWebTrader platform available, compatible with all browsersWebTrader platform via MT4/MT5 for instant online trading
Withdrawal Processing SpeedInstant processing for specific methods (e-wallets), bank transfers may take 3-5 daysInstant for certain e-wallets, bank transfers may take up to 2 business days
Funds Protection PolicyClient funds are insured with top-tier banks, enhanced security for large depositsClient funds held in segregated accounts with reputable banks
Leverage Adjustment OptionsDynamic leverage options based on trading volume, accessible via platformAdjustable leverage based on account type and region
Research PartnershipsCollaborates with Trading Central for analysis, industry researchResearch tools powered by industry experts, in-house analysts
Holiday Trading HoursHoliday schedules published in advance, special notifications on platformHoliday schedules announced, additional notifications and trading pause guidance
Corporate Account ServicesAvailable for institutional investors, corporate-level analytical and reporting toolsAvailable, customized for institutions with added reporting and analytics
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Exness and FXTM both offer a range of trading options with reliable regulation, competitive spreads, robust platforms, and additional features like social trading, VPS hosting, and diverse account types, catering to both retail and professional traders.