Feature | Exness | Plus500 |
|---|---|---|
Regulation | Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and others | Regulated by FCA (UK), ASIC (Australia), CySEC (Cyprus) |
Trading Platforms | MetaTrader 4, MetaTrader 5, Exness Web Trader | Plus500 Web Trader, Plus500 Mobile App |
Minimum Deposit | $1 | $100 |
Leverage | Up to 1:2000 for professional accounts, 1:1000 for standard accounts | Up to 1:30 for retail accounts, 1:300 for professional accounts |
Spread | Variable spreads starting from 0.0 pips for ECN accounts | Fixed spreads starting from 0.6 pips |
Asset Variety | Over 200 instruments including Forex, commodities, cryptocurrencies, stocks, indices | Over 2,000 instruments including Forex, commodities, cryptocurrencies, stocks, ETFs |
Demo Account | Yes, unlimited demo account available | Yes, unlimited demo account available |
Customer Support | 24/7 support via live chat, email, and phone, multiple languages supported | 24/7 support via live chat and email, multilingual support |
Educational Resources | Comprehensive educational materials, webinars, trading tools, and market analysis | Limited educational resources, primarily articles and guides |
Account Types | Standard, Pro, Zero, and ECN accounts available | One main account type with leverage options |
Trading Costs | Commission on certain accounts, no commissions for others, spreads only for some accounts | No commissions, spreads only, potential overnight fees |
Withdrawal Fees | Varies by method; some withdrawal methods are free | Generally no withdrawal fees, but may vary based on payment method |
Deposit Methods | Credit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller) | Credit/debit cards, bank transfers, PayPal, Skrill, Neteller |
Withdrawal Methods | Credit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller) | Credit/debit cards, bank transfers, PayPal, Skrill |
Mobile Trading | Mobile versions of MetaTrader 4 and 5, Exness mobile app available | Dedicated mobile app for iOS and Android with full functionality |
Market Analysis Tools | Economic calendar, trading signals, market sentiment analysis | Basic market analysis tools, price alerts, and news updates |
Risk Management Tools | Stop loss, take profit, trailing stop, and negative balance protection | Stop loss, take profit, guaranteed stop loss available |
Trading Instruments | Forex (over 100 pairs), commodities (gold, silver, oil), indices, stocks, cryptocurrencies | Forex (over 70 pairs), commodities, cryptocurrencies, stocks, ETFs |
Account Currency Options | Multiple currencies including USD, EUR, GBP, and more | Limited to main currencies like USD, GBP, and EUR |
Trading Hours | 24/5 trading for Forex, limited hours for commodities and stocks | 24/7 trading for cryptocurrencies, 24/5 for Forex and commodities |
Account Verification | Simple verification process with online submission of documents | Requires identity and address verification; can take longer |
Trading Execution | Instant execution for standard accounts; ECN for professional accounts | Market execution, no requotes |
Trading Tools | VPS hosting available for traders | Limited to charting tools and price alerts |
Social Trading | Copy trading feature available | No social trading feature |
Algorithmic Trading | Supports automated trading through APIs | No support for algorithmic trading |
Account Management | User-friendly client portal for account management | Intuitive interface for account management |
Reporting Tools | Detailed trading reports available in the client portal | Basic reporting tools, not as detailed |
Tax Reporting | Provides necessary documentation for tax reporting | Basic documentation provided, may vary by region |
Customer Support Languages | Multiple languages supported for customer support | Limited to major languages like English, Spanish, etc. |
Market Research | Access to in-depth market research and analysis | Basic market news updates only |
Affiliate Program | Available with various commission structures | Yes, offers a referral program |
Currency Conversion Fees | Fees apply for conversions not in account currency | Currency conversion fees may apply |
Regulatory Compliance | Adheres to strict compliance with regulatory authorities | Adheres to regulatory requirements; conducts regular audits |
Liquidity Providers | Multiple liquidity providers for better pricing | Partnered with major liquidity providers |
Advanced Charting Tools | Advanced charting tools and technical analysis features | Basic charting tools, lacks advanced features |
Research and Analysis Tools | Economic calendar, news feed, and indicators available | Limited economic calendar and analysis tools |
Community and Forums | Active online community forums for traders | Limited community engagement, mainly focused on support |
Market Depth Information | Available for ECN accounts | Not available |
Corporate Structure | Established by Exness Limited (founded in 2008) | Owned by Plus500 Ltd (founded in 2008) |
Margin Call Level | Varies by account type, generally 80% | Generally 50% for retail accounts |
Stop Out Level | 30% for most accounts | 50% for retail accounts |
Negative Balance Protection | Yes, protects against negative balances | Yes, protects against negative balances |
Investment Products | Offers CFDs and Forex trading primarily | Offers CFDs, ETFs, and Forex trading |
Educational Formats | Offers webinars, eBooks, and video tutorials | Primarily text-based guides and articles |
Trading Psychology Resources | Provides articles and resources on trading psychology | Limited resources on trading psychology |
Market Order Types | Market, limit, stop, and trailing stop orders | Market and limit orders only |
Customization Options | Customizable trading interface on platforms | Limited customization options |
User Interface | Modern and intuitive, suitable for beginners | Straightforward and simple, user-friendly |
Withdrawal Processing Time | Typically 1-3 business days for most methods | Instant withdrawals for e-wallets, 1-3 days for others |
Account Security Features | Two-factor authentication (2FA), withdrawal whitelist | Two-factor authentication (2FA) available |
Trading Community Engagement | Active webinars and community events | Limited engagement; primarily support-focused |
Trial Period for New Accounts | No formal trial period, demo accounts available | No formal trial; demo accounts available |
Historical Data Access | Extensive historical data available | Limited historical data for analysis |
Leverage Restrictions | May vary based on trader’s experience and jurisdiction | Set leverage restrictions based on client classification |
Risk Disclosure | Comprehensive risk disclosure available | Standard risk warnings provided |
Regulatory Audits | Regular audits to ensure compliance | Regular audits and financial reporting |
Global Accessibility | Available in multiple regions, restricted in some countries | Available in most regions, restrictions apply |
