Exness vs FXGT Comparison

FeatureExnessFXGT
RegulationRegulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)Regulated by FSA (Seychelles), FSCA (South Africa)
Account TypesStandard, Raw Spread, Zero, ProMini, Standard, Pro, ECN, VIP
Minimum Deposit$1 (Standard), $200 for Professional accounts$5 for Mini account, higher for other accounts
LeverageUp to 1:2000 (may vary by region and asset type)Up to 1:1000
SpreadsStarting from 0.3 pips (Standard), 0 pips on Zero accountsVariable spreads, generally starting from 0.6 pips
CommissionZero 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 InstrumentsForex, cryptocurrencies, metals, indices, energies, stocks, futuresForex, cryptocurrencies, indices, metals, energies
Trading PlatformsMT4, MT5MT5, proprietary platform
Execution TypeMarket executionMarket execution
Deposit MethodsBank transfer, credit/debit cards, e-wallets (Neteller, Skrill, etc.), cryptocurrencyBank transfer, credit/debit cards, e-wallets, cryptocurrency
Withdrawal FeesNo fees for most methodsNo fees for certain methods, fees may apply on some methods
Customer Support24/7 multilingual support, available via chat, email, and phone24/5 support, available via chat, email, and phone
Copy TradingAvailable through the Exness Social Trading appAvailable on certain account types
Research & EducationExtensive educational resources, including articles, webinars, and analysisBasic educational materials, analysis, and market insights available
Bonus ProgramsLimited or no bonuses, as Exness focuses on competitive pricing and trading conditionsFrequent promotions and bonuses, including welcome bonuses, deposit bonuses
Social Media IntegrationAvailable, primarily through Exness Social TradingNot explicitly stated, typically reliant on platform features
Trading ToolsFree VPS, economic calendar, trading calculator, advanced analyticsBasic tools like VPS for certain accounts, standard analysis tools
Account Opening SpeedFast, generally straightforwardFast, user-friendly onboarding process
Security of FundsSegregated accounts, compliance with regulations in multiple jurisdictionsSegregated accounts, compliance with FSA and FSCA
Demo AccountYes, available for all account typesYes, available for all account types
Islamic (Swap-Free) AccountAvailable for Standard and Professional accountsAvailable, primarily for Mini and Standard accounts
Negative Balance ProtectionYesYes
Trading Conditions TransparencyTransparent pricing and conditions, displayed openly on the websiteGenerally transparent, though details vary based on account type
Market Analysis and InsightsIn-depth analysis, daily updates, technical insightsBasic analysis, market summaries
Compatibility (Desktop/Mobile)Compatible with desktop and mobile (MT4, MT5), supports both iOS and Android platformsDesktop and mobile compatibility with MT5, proprietary platform may vary in functionality
Trading Hours24/5 for forex, crypto available 24/724/5 for forex, crypto available 24/7
Currency Pairs OfferedOver 100 pairs, including exotic currenciesOver 60 pairs, major, minor, and exotic pairs
Cryptocurrency OfferingExtensive crypto selection, over 30 major coins and altcoinsLimited selection compared to Exness, primarily major coins
Stock CFDsAvailable, includes popular global stocks like Apple, Tesla, AmazonLimited selection, focuses on key US and European stocks
Commodity CFDsIncludes energies (oil, gas), metals (gold, silver, platinum)Primarily energies and metals, limited variety
Fractional SharesAvailable, allowing smaller investment sizes in individual stocksNot available
Swap ConditionsFlexible, with overnight interest rate charges depending on asset classCompetitive swap rates on Standard and Pro accounts
Order TypesMarket orders, limit orders, stop orders, trailing stopsMarket orders, limit orders, stop orders, some advanced order types
Trading Styles SupportedScalping, hedging, high-frequency trading allowedScalping and hedging allowed, restrictions on high-frequency trading may apply
Account CurrenciesSupports multiple account currencies, including USD, EUR, GBP, AUD, and cryptocurrenciesLimited selection, primarily USD and select major currencies
PAMM/MAM AccountsMAM account support available for money managersPAMM accounts available for managing multiple accounts, ideal for professional traders
Affiliate ProgramYes, attractive partner program for affiliates, with revenue sharingYes, offers bonuses and revenue sharing, varying based on trading volume
Platform CustomizabilityHigh customizability with MT4 and MT5, indicators, and EAsLimited on proprietary platform, MT5 allows for custom indicators and EAs
Economic IndicatorsRegular updates, comprehensive economic calendar, integrated with platformBasic economic calendar, some limited insights
Stop Out Level0-30%, depending on account type20-40%, varying with account
Position SizingSupports micro lots (0.01 lots)Micro lots supported, minimum lot sizes vary by account
Trading CompetitionsOccasional trading contests with cash prizes and bonusesRegular contests and competitions, particularly in conjunction with bonuses
Market DepthMarket depth information available on MT5Limited market depth information on MT5
Risk Management ToolsStop loss, take profit, trailing stop, margin calculatorStop loss, take profit, margin calculator
News Feed IntegrationReal-time news feeds and financial insights availableLimited, mostly market summaries and occasional alerts
Social Trading CapabilitiesYes, available through Exness’s proprietary appLimited social trading options, relies more on trading communities
KYC RequirementsFull KYC required for withdrawals and higher leverageKYC required for account verification and larger deposits
Withdrawal SpeedInstant withdrawals for most methods, especially crypto and e-walletsInstant withdrawals on selected accounts, variable speed on other accounts
Trading AlertsCustomizable alerts via platform notifications, mobile push notificationsBasic alerts, primarily through MT5, email notifications available
Web-Based Trading PlatformYes, web-based MT4 and MT5, accessible from browsersWeb-based MT5, proprietary platform also has browser support
Interest on DepositsNot availableLimited accounts with interest accrual on deposit balance, subject to terms
Support LanguagesOver 10 languages including English, Spanish, Chinese, Arabic, and morePrimarily English, some additional languages for support but fewer than Exness
Fee TransparencyFully transparent fee structure available on websiteTransparent fees, but limited disclosures on certain account types
Mobile App FeaturesComprehensive, includes account management, news, trading, and deposits/withdrawalsBasic trading features, fewer account management options compared to Exness
Analytics ToolsAdvanced tools like tick history, indicators, volatility calculatorsStandard tools like economic calendars, limited advanced analytics tools
Client BaseLarge international client base, especially in Asia, Europe, and Middle EastGrowing client base, focused on specific regions including Africa, parts of Asia, and some in Europe
Innovation in Trading FeaturesConstantly innovating with new tools, platforms, and mobile app updatesMore traditional approach, tends to adopt features slower compared to Exness
Order Execution SpeedHigh-speed execution, typically under 0.1 seconds, optimized for fast tradingFast execution on MT5, but typically averages slightly longer than Exness
Weekend TradingAvailable for cryptocurrencies and select other instrumentsAvailable for cryptocurrencies
Account CustomizationHighly customizable account settings (leverage, risk limits, etc.)Limited customization, mainly leverage adjustments
Platform IntegrationsIntegrates with TradingView, compatible with MT4/MT5 plugins and custom scriptsMT5-compatible, limited integration with third-party apps
Automated TradingFully supports EAs (Expert Advisors) on MT4/MT5Supports EAs on MT5
Trading APIsAPI access available for professional traders and institutionsLimited API access
Data ProtectionAdvanced encryption, secure server environment, complies with GDPRStandard encryption and secure protocols, GDPR-compliant
Backtesting CapabilitiesAvailable on MT4/MT5, allows traders to backtest strategiesBasic backtesting on MT5
Latency ReductionUses multiple data centers globally to reduce latency, especially for high-frequency tradingLatency is managed via regional servers, slightly higher than Exness
Inactivity FeeNo inactivity feeInactivity fee may apply after a period of non-usage
Segregated FundsFunds are held in segregated accounts in top-tier banksFunds are held in segregated accounts, but limited details on banks used
Partnership ProgramsOffers both Affiliate and Introducing Broker (IB) programsPartner and affiliate programs available, with commission structures based on trading volume
Cloud-Based SolutionsOffers cloud-based MT5 for professional tradersPrimarily desktop and app-based, limited cloud-based solutions
Environmental ResponsibilityNo specific focus on sustainabilityNo known initiatives focused on environmental impact
User Interface (UI)Clean, intuitive, and user-friendly UI on both desktop and mobile platformsUser-friendly but simpler UI, focuses on essential tools
Spread Reduction MechanismOffers occasional spread reduction promotions and incentivesVariable spreads based on account type, limited promotional spread reductions
Trading CalculatorDetailed trading calculator for position sizing, risk management, and pip valuesStandard trading calculator
Rebates ProgramAvailable for high-volume traders, provides cost-saving benefits on tradesRebate programs available for high-volume traders
Economic Calendar CustomizationCustomizable with regional economic events, alerts, and real-time updatesStandard economic calendar without regional customization
Professional Trader ServicesDedicated account managers, professional analysis, and custom risk assessmentLimited professional services compared to Exness, mainly reserved for VIP clients
Transparency of Order BookVisible order book depth for certain assets on MT5Limited order book transparency
Risk Warnings and AlertsReal-time risk warnings, volatility alerts, and margin warningsStandard risk alerts and margin warnings on MT5
Promotional Tools for AffiliatesCustomizable promotional tools, detailed analytics, and support for affiliatesStandard promotional tools with limited customization
Regional RestrictionsRestricted in some regions, including the US and certain regulated marketsSimilar regional restrictions, also unavailable in certain US-regulated markets
Crypto Withdrawal OptionsFast crypto withdrawals for Bitcoin, Ethereum, Tether, and several othersLimited to select cryptocurrencies, generally supports Bitcoin, Ethereum, Tether
Educational WebinarsRegular webinars for beginner and advanced traders, multilingual sessions availableOccasional webinars, primarily in English and limited language support
Historical Price DataExtensive historical data available for backtesting and analysisLimited historical data access compared to Exness
Negative Balance RecoveryClients' accounts reset to zero if they go negative due to volatilityNegative balance protection, resets to zero for affected accounts
Market-Making ModelPrimarily operates as an ECN/STP brokerOperates as a hybrid market maker and ECN/STP broker
Risk Management for Professional TradersCustomizable risk tools and parameters for professional and institutional tradersLimited options for professional-level risk management
Daily Market Review EmailsDetailed daily market review emails, tailored to account type and trading preferencesBasic daily market summaries
Social Responsibility InitiativesOccasional charitable initiatives and community projects, though not a major focusNo significant social responsibility or charity programs known
Advanced ChartingAdvanced charting capabilities on MT4 and MT5, indicators, and customizable chartsBasic charting tools with customization on MT5
Algorithmic Trading SupportFull support for algorithmic trading, particularly on MT5Limited support for algorithmic trading
Corporate AccountsYes, supports corporate accountsLimited support, mainly individual and institutional accounts
Competitive RankingsGenerally ranked highly among Asian and European traders for execution speed and reliabilityCompetitively ranked in emerging markets, growing popularity
Intuitive Learning PortalComprehensive learning portal with topics from basics to advanced trading strategiesLimited educational materials compared to Exness
User Community and ForumsActive trading community, including forums and online trading groupsSmaller community presence, limited engagement in social trading spaces
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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.