Exness vs FTMO Comparison

FeatureExnessFTMO
Company TypeBroker, provides direct trading servicesProprietary Trading Firm, provides funded accounts to traders
Founded20082015
HeadquartersLimassol, CyprusPrague, Czech Republic
RegulationRegulated by CySEC, FCA, FSA, FSCA, and CBCSUnregulated
Account TypesStandard, Pro, Raw Spread, Zero, Islamic AccountsFTMO Challenge and Verification Accounts, Funded Trader Accounts
LeverageUp to 1:2000 (varies by account type)Up to 1:100
Minimum Deposit$1 for Standard AccountsNone, but FTMO Challenge Fee (Refundable upon completion)
Trading InstrumentsForex, Cryptocurrencies, Metals, Energies, Stocks, IndicesForex, Commodities, Indices, Cryptocurrencies
PlatformsMetaTrader 4, MetaTrader 5, Exness Web Terminal, Mobile AppsMetaTrader 4, MetaTrader 5
Spread TypeVariable, with Raw Spread Account offering near-zero spreadsVariable
CommissionNo commission on Standard accounts, low commission on Raw Spread and Zero accountsNo commission on Challenge accounts, standard spread applies
Execution TypeMarket executionMarket execution
Trading ToolsEconomic Calendar, Currency Converter, Trading Signals, VPS for Pro AccountsFTMO Swing Account option for higher leverage, Scaling Plan, Account Analysis Tool
Education and ResourcesExtensive, including webinars, articles, videos, and analysisEducation for funded traders, webinars, articles, and videos
Risk ManagementNegative balance protection, Stop Out LevelStrict risk management rules for Challenge, Maximum Daily Loss, Maximum Overall Loss
Withdrawal FeesNo fees on most withdrawal methodsNo fees on profit withdrawals
Customer Support24/7 via live chat, email, phone supportEmail and live chat support
Funding ProcessStandard account funding through depositRequires passing FTMO Challenge and Verification phases
Profit SharingTrader keeps 100% profit80%-90% profit split for Funded Traders
Geographic RestrictionsAvailable in most countries, some restrictions in sanctioned countriesAvailable globally, some restrictions for countries with regulatory conflicts
Withdrawal Processing TimeInstant on certain payment methods, 1-3 business days for others1-2 business days
Trader RequirementsNo specific requirements for most accounts, Islamic account options availableStrict trading rules, requires successful completion of FTMO Challenge
Best forRetail traders, high leverage enthusiasts, and beginnersExperienced traders looking for funding and willing to follow specific rules
Account CurrenciesMultiple options including USD, EUR, GBP, AUD, cryptocurrenciesLimited options; typically funded accounts are in USD or EUR
Order TypesMarket, Limit, Stop, Trailing StopsMarket, Limit, Stop
Mobile TradingFull-featured mobile apps for iOS and AndroidLimited mobile functionality, compatible with MetaTrader apps
Social TradingCopy trading available through Exness Social Trading appNo social trading, proprietary trading only
Algo TradingSupported on MetaTrader 4 and 5 (EA capabilities)Not supported; manual trading required
Demo AccountYes, unlimited demo accountsYes, demo through FTMO Challenge with simulated conditions
Trading Hours24/5 for Forex, specific hours for other assets24/5, aligns with market hours for each asset
Spreads on Majors (Average)From 0.1 pips on Raw Spread AccountTypically 1.0-1.5 pips on Challenge accounts
Swap FeesSwap-free option available, fees vary by instrumentNo swaps on Challenge or Funded accounts
Slippage ControlYes, order execution depends on market conditions, can vary by account typeStrict slippage control, standardized market conditions
Account ExpiryNo expiry for live accountsExpiry only if Challenge or Verification is failed
Trade Size LimitsFlexible; micro lots available, max trade size varies by accountStandard lot sizes; strict limits for maximum daily and overall losses
API AccessYes, allows API integration for automated tradingNo API access
Trading Strategy FlexibilityHigh, allows scalping, hedging, EAsRestricted; no news trading or high-frequency strategies allowed
Profit Withdrawal ConditionsImmediate withdrawal on profits for all accountsMonthly profit withdrawals allowed
Scaling PlanNot availableYes, eligible Funded Traders can scale up based on performance
Inactivity FeesNoneNo inactivity fees on funded accounts
Account Review RequirementsNone, trading can be autonomousMonthly performance reviews for scaling and continued funding eligibility
Promotions and BonusesOccasional deposit bonuses, promotions varyNo bonuses or promotions, performance-based scaling only
Trading Psychology ResourcesLimitedDedicated resources for Funded Traders, emphasis on psychology and risk management
Verification ProcessKYC required for withdrawals, identity and residence proofStrict verification after Challenge completion
Payout FrequencyFlexible, as per user preference and profit availabilityMonthly payouts, can be bi-monthly on request
Company ReputationWell-regarded in brokerage industry, established and regulatedReputable in proprietary trading with high success rates for experienced traders
Additional FeesOvernight fees on positions, no account management feesChallenge and Verification fees (refundable), no other fees
Deposit MethodsCredit/Debit Card, Bank Transfer, e-Wallets (Skrill, Neteller), CryptocurrenciesNo deposits required; Challenge and Verification fees paid through various online payment methods
Withdrawal MethodsSame as deposit methods, plus instant withdrawals on some e-walletsProfits paid via bank transfer or PayPal only
Liquidity ProvidersTop-tier banks and liquidity providersProprietary capital, liquidity facilitated through institutional-grade providers
Order Execution SpeedUltra-fast, typically under 0.01 seconds for Standard and Pro accountsFast execution, varies slightly due to simulated conditions during Challenge
Market Analysis ToolsTechnical indicators, fundamental analysis tools, real-time news feedIn-depth market analysis provided on FTMO’s dashboard, performance analysis available
Partnership ProgramYes, offers affiliate program and introducing broker optionsNone
Trade MonitoringSelf-monitoring, account dashboard with basic analyticsAdvanced analytics tool, real-time trade feedback, daily and overall risk alerts
Real-Time NotificationsAvailable through MetaTrader push notifications and emailReal-time notifications on risk and profit milestones through FTMO dashboard
Client TransparencyTransparent with account details, trading fees, order detailsHighly transparent, real-time profit and risk metrics for funded traders
Language SupportMulti-language, supports over 15 languages in platform and customer servicePrimarily English and Czech, some resources in other languages
Security MeasuresTwo-factor authentication (2FA), secure servers, data encryptionStrict account security with 2FA, secure servers, high focus on data privacy
Broker TypeECN/STP with direct market accessActs as an institutional capital provider, no brokerage services
Global AccessibilityHighly accessible with limited country restrictionsAvailable globally but requires specific regulatory compatibility for funded accounts
Trading CompetitionsOccasionally holds trading contests and rewardsNo competitions, but offers milestones for scaling accounts
Copy Trading FeaturesSocial trading options with Exness CopyTrading appNot supported
Account Management OptionsAllows personal account management and adjustmentsNo direct account management; accounts are managed based on performance
Trade Reversal FeatureNot availableNot available; trades are final in Challenge and Funded phases
Interest on EquityNone, equity is only tradableNone, profits are shared based on performance
Trading SessionsForex and other markets are accessible during active market sessions, 24/5Funded account trading sessions follow market hours, strict timing rules apply
Platform CustomizationCustomizable within MetaTrader, advanced charting and EA capabilitiesBasic customization through MetaTrader interface only
Trading HistoryAccessible through MetaTrader, downloadable trade reportsDetailed trading history available on FTMO dashboard
Transparency in FeesTransparent fee structure, visible in platformTransparent fee for Challenge, no hidden costs
Focus on Beginner TradersOffers beginner resources, flexible account types, and low initial depositsPrimarily targets experienced traders, high requirements for fund access
Additional Trader SupportTrading psychology videos, account analytics, community forumPersonalized support for Funded Traders, focus on psychological resilience
User Feedback and Support Channels24/7 live chat, multilingual email supportCommunity-focused support via email and live chat, feedback integrated into platform features
Insurance on FundsClient funds segregated and insured in regulated jurisdictionsNo insurance, but strict capital allocation based on trader performance
Account Upgrade OptionsUpgrade to higher-tier accounts for lower spreads, faster executionAccount scaling based on consistent profit and risk management in Funded phase
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