| Feature | Exness | Forex.com |
|---|---|---|
| Regulation | Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and other international authorities | Regulated by FCA (UK), CFTC and NFA (US), ASIC (Australia), MAS (Singapore) |
| Founded | 2008 | 1999 |
| Supported Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, Exness mobile app | MetaTrader 4 (MT4), WebTrader, proprietary Forex.com Advanced Trading platform |
| Tradable Assets | Forex pairs, cryptocurrencies, metals, energies, indices, stocks, CFDs on cryptos and indices | Forex pairs, cryptocurrencies, indices, commodities, equities, CFDs on indices and equities |
| Minimum Deposit | $1 for Standard accounts, varies by account type | $100 |
| Leverage | Up to 1:2000 for Standard accounts, 1:100 for crypto | Up to 1:50 in the US, up to 1:500 outside the US (regulated regions vary) |
| Account Types | Standard, Standard Cent, Raw Spread, Zero, Pro | Standard, Commission, Direct Market Access (DMA), Active Trader accounts |
| Spread | Variable spreads, starting as low as 0.1 pips | Variable spreads, starting around 1.0 pips for Standard accounts, lower spreads on Commission and DMA accounts |
| Commission | Zero commission on Standard accounts, commission for Raw Spread and Zero accounts starting from $3.5 per lot | Commission-free on Standard, $5 per 100k round-turn on Commission accounts, DMA has variable commissions |
| Deposit Methods | Bank transfer, Visa/Mastercard, Skrill, Neteller, WebMoney, cryptocurrencies, local payment methods | Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal (select countries) |
| Withdrawal Methods | Bank transfer, Visa/Mastercard, Skrill, Neteller, cryptocurrencies | Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal (select countries) |
| Deposit/Withdrawal Fees | No deposit fees, no withdrawal fees (some local methods may charge) | No deposit fees on most methods, withdrawal fees may apply for wire transfers and PayPal |
| Trading Fees | Lower spreads and commissions on Raw Spread and Zero accounts | Competitive spreads, Commission accounts have a standard rate, tighter spreads on DMA accounts |
| Execution Type | Market execution | Market execution, DMA execution on specific accounts |
| Customer Support | 24/7 support, live chat, email, phone, supports multiple languages | 24/5 support, live chat, email, phone, multilingual support |
| Educational Resources | Trading guides, webinars, market analysis, trading videos | Extensive education resources, webinars, analysis, market insights, educational videos |
| Research Tools | Economic calendar, market analysis, financial news, technical analysis | Economic calendar, advanced charting, technical analysis, market insights |
| Demo Account | Yes, unlimited and free | Yes, free but with time restrictions (30 days) |
| Islamic Account | Yes, available on all accounts | Yes, on request |
| Negative Balance Protection | Yes, on all account types | Yes, for retail clients in the EU and UK |
| Order Types | Market, limit, stop, trailing stop, one-cancels-the-other (OCO) | Market, limit, stop, trailing stop, one-cancels-the-other (OCO), guaranteed stop loss in certain regions |
| Automated Trading | Yes, via MT4/MT5 Expert Advisors (EAs) | Yes, via MT4 and Forex.com Advanced Trading platform |
| Social Trading | Yes, through Exness Social Trading platform | Not directly available, some integration with third-party platforms possible |
| Supported Languages | English, Chinese, Arabic, Russian, Spanish, French, others | English, Chinese, Arabic, German, French, Spanish, Italian, others |
| Mobile Trading App Features | Available on Android and iOS, user-friendly, includes full trading functionality, customizable interface | Available on Android and iOS, includes full trading functionality, proprietary mobile platform with custom tools |
| Order Execution Speed | Extremely fast, average 0.01-second execution speed | Fast, average execution speed around 0.05-0.10 seconds |
| Account Security | 2-factor authentication (2FA), segregated client funds, SSL encryption | 2-factor authentication (2FA), segregated client funds, SSL encryption, additional regulatory protections in the US |
| Advanced Charting Tools | MT4/MT5 full charting tools, 38+ indicators, 21 timeframes | Advanced charting on Forex.com platform, 70+ indicators, multiple chart types, timeframes, custom indicators |
| Copy Trading Options | Yes, via Exness Social Trading app | Not directly supported, third-party integration possible |
| Market Analysis Tools | Daily market analysis, economic calendar, technical analysis | Real-time analysis, Trading Central, Autochartist, advanced news and research tools |
| Risk Management Tools | Negative balance protection, margin call alerts, stop-loss, take-profit | Negative balance protection (retail clients), guaranteed stop-loss orders in some regions, risk management alerts |
| VPS Hosting | Available for free on selected accounts with certain minimum balance | Available for Active Trader accounts, requirements based on trading volume |
| Scalping and Hedging | Allowed on all accounts | Allowed on all accounts |
| Affiliate Program | Offers affiliate and IB (Introducing Broker) programs | Offers affiliate program and IB (Introducing Broker) options |
| Promotions and Bonuses | Occasionally offers bonuses and promotions based on region | Rarely offers promotions, focus on competitive pricing and spreads |
| Professional Account Options | Yes, offers professional account options for eligible clients | Yes, offers professional accounts with higher leverage for eligible clients |
| Account Verification | Quick verification process, usually requires basic ID and address proof | Requires ID verification and proof of residence, additional compliance for US clients |
| Algo Trading Integration | Fully supports algorithmic trading on MT4 and MT5 with EA capabilities | Supports algo trading on MT4 and Forex.com Advanced platform |
| Platform Customizability | Highly customizable in MT4/MT5, offers multiple plug-ins, themes | Customizable in MT4, additional tools and layouts in Forex.com Advanced platform |
| News Feed and Financial News | Integrated news from top sources, economic events calendar | Real-time news from Dow Jones, integrated with trading platforms, financial news alerts |
| Stop Out Level | 0% (Standard accounts), 30% (Professional accounts) | 50% (Standard accounts), varies for other account types |
| Client Support Channels | Live chat, phone support, email, social media | Live chat, phone support, email, customer service in multiple regions |
| Maximum Open Positions | Up to 1000 positions on MT4, varies on other accounts | Up to 200 open positions, based on account type and platform limitations |
| Account Inactivity Fees | No inactivity fees | Monthly inactivity fee of $15 after 12 months of inactivity |
| Experience Level Support | Suitable for both beginners and experienced traders, multiple account types and resources for all levels | Suitable for beginners and advanced traders, educational resources, supports professional trading accounts |
| Algorithmic Trading Support | Supports full algorithmic trading via MT4/MT5 EAs, offers Python API | Supports algorithmic trading on MT4, offers REST API and FIX API for custom trading |
| Micro Lot Trading | Yes, available on Standard Cent account | Yes, available on all account types |
| Educational Resources for Beginners | Interactive tutorials, beginner-friendly articles, platform tutorials | Comprehensive video courses, webinars, platform tutorials, glossary |
| Professional Trader Tools | MT5 Depth of Market (DOM), advanced analytics, customizable indicators | Depth of Market (DOM), customizable trading indicators, Autochartist integration |
| Social and Community Support | Social trading app with community support | Forum support, third-party forums, community webinars |
| Availability of Fractional Pips | Yes, offers fractional pip pricing | Yes, allows fractional pip pricing |
| Historical Data Access | Available on MT4/MT5, downloadable for detailed backtesting | Available on MT4 and Forex.com Advanced platform, downloadable formats |
| Research Partners | In-house research, collaboration with Dow Jones | Trading Central, Autochartist, in-house research |
| Liquidity Provider Partnerships | Works with multiple tier-1 banks, liquidity pools | Access to extensive liquidity pool, partners with global liquidity providers |
| API Access for Developers | Python API for MT4/MT5, suitable for building automated trading systems | REST API, FIX API for algorithmic trading, suitable for custom trading systems |
| Trade Size Flexibility | Flexible trade sizes, from micro lots up to standard lots | Micro to standard lots, customizable depending on account type |
| Position Size Limits | High limits, up to 200 lots per position depending on account type | Variable limits, can exceed 50 lots per position on some accounts |
| Custom Indicator Support | Allows custom indicators on MT4/MT5 | Custom indicator support on MT4 and Forex.com Advanced platform |
| Smart Order Routing | Smart order routing for optimal execution prices | Uses technology to route orders to liquidity providers for optimal prices |
| Client Fund Insurance | Client funds are held in segregated accounts, insurance depends on regulatory region | Funds held in segregated accounts, additional insurance coverage in some regions |
| Platform Stability | Highly stable with minimal downtime, 24/7 system monitoring | Very stable with market-standard uptime, robust infrastructure |
| Backtesting Tools | Available through MT4/MT5 strategy tester | Available on MT4, Forex.com Advanced platform allows historical data testing |
| Swap-Free Options for Overnight Positions | Yes, swap-free Islamic accounts available | Yes, swap-free accounts available for Islamic traders |
| Over-the-Counter (OTC) Options | Primarily a retail-focused broker, no OTC options | Primarily retail-focused, limited OTC trading options |
| Trading Contests | Occasionally holds trading contests and promotions | Rarely offers trading contests, focuses on advanced trading tools |
| Market Coverage | Coverage in over 170 countries, strong presence in Asia, Africa, and the Middle East | Coverage in the US, UK, Europe, Asia-Pacific, limited availability in some countries |
| Cloud Backup Options | Backup and cloud-based storage options on MT4/MT5 | No specific cloud backup, data stored locally on MT4 and Forex.com platforms |
| Fees on Overnight/Weekend Positions | Swap fees apply on Standard accounts, swap-free options for Islamic accounts | Swap fees on most accounts, Islamic accounts are swap-free |
| Daily Interest Rates for Margin Accounts | Variable rates based on account type and leverage used | Interest rates apply for leveraged positions, depending on asset and account type |
| Experience Level Requirement for Pro Accounts | Must meet criteria based on volume and asset experience | Eligibility criteria for professional account options, experience verification needed |
| Order Modification Tools | Full order modification (stop-loss, take-profit adjustments) via MT4/MT5 | Full order modification, including guaranteed stop-loss in certain regions |
Exness and Forex.com both offer comprehensive trading platforms, with Exness excelling in social trading and high leverage, while Forex.com provides extensive research tools and API options for professional traders.