Exness vs Plus500 Comparison & Reviews

FeatureExnessPlus500
RegulationRegulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and othersRegulated by FCA (UK), ASIC (Australia), CySEC (Cyprus)
Trading PlatformsMetaTrader 4, MetaTrader 5, Exness Web TraderPlus500 Web Trader, Plus500 Mobile App
Minimum Deposit$1$100
LeverageUp to 1:2000 for professional accounts, 1:1000 for standard accountsUp to 1:30 for retail accounts, 1:300 for professional accounts
SpreadVariable spreads starting from 0.0 pips for ECN accountsFixed spreads starting from 0.6 pips
Asset VarietyOver 200 instruments including Forex, commodities, cryptocurrencies, stocks, indicesOver 2,000 instruments including Forex, commodities, cryptocurrencies, stocks, ETFs
Demo AccountYes, unlimited demo account availableYes, unlimited demo account available
Customer Support24/7 support via live chat, email, and phone, multiple languages supported24/7 support via live chat and email, multilingual support
Educational ResourcesComprehensive educational materials, webinars, trading tools, and market analysisLimited educational resources, primarily articles and guides
Account TypesStandard, Pro, Zero, and ECN accounts availableOne main account type with leverage options
Trading CostsCommission on certain accounts, no commissions for others, spreads only for some accountsNo commissions, spreads only, potential overnight fees
Withdrawal FeesVaries by method; some withdrawal methods are freeGenerally no withdrawal fees, but may vary based on payment method
Deposit MethodsCredit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller)Credit/debit cards, bank transfers, PayPal, Skrill, Neteller
Withdrawal MethodsCredit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller)Credit/debit cards, bank transfers, PayPal, Skrill
Mobile TradingMobile versions of MetaTrader 4 and 5, Exness mobile app availableDedicated mobile app for iOS and Android with full functionality
Market Analysis ToolsEconomic calendar, trading signals, market sentiment analysisBasic market analysis tools, price alerts, and news updates
Risk Management ToolsStop loss, take profit, trailing stop, and negative balance protectionStop loss, take profit, guaranteed stop loss available
Trading InstrumentsForex (over 100 pairs), commodities (gold, silver, oil), indices, stocks, cryptocurrenciesForex (over 70 pairs), commodities, cryptocurrencies, stocks, ETFs
Account Currency OptionsMultiple currencies including USD, EUR, GBP, and moreLimited to main currencies like USD, GBP, and EUR
Trading Hours24/5 trading for Forex, limited hours for commodities and stocks24/7 trading for cryptocurrencies, 24/5 for Forex and commodities
Account VerificationSimple verification process with online submission of documentsRequires identity and address verification; can take longer
Trading ExecutionInstant execution for standard accounts; ECN for professional accountsMarket execution, no requotes
Trading ToolsVPS hosting available for tradersLimited to charting tools and price alerts
Social TradingCopy trading feature availableNo social trading feature
Algorithmic TradingSupports automated trading through APIsNo support for algorithmic trading
Account ManagementUser-friendly client portal for account managementIntuitive interface for account management
Reporting ToolsDetailed trading reports available in the client portalBasic reporting tools, not as detailed
Tax ReportingProvides necessary documentation for tax reportingBasic documentation provided, may vary by region
Customer Support LanguagesMultiple languages supported for customer supportLimited to major languages like English, Spanish, etc.
Market ResearchAccess to in-depth market research and analysisBasic market news updates only
Affiliate ProgramAvailable with various commission structuresYes, offers a referral program
Currency Conversion FeesFees apply for conversions not in account currencyCurrency conversion fees may apply
Regulatory ComplianceAdheres to strict compliance with regulatory authoritiesAdheres to regulatory requirements; conducts regular audits
Liquidity ProvidersMultiple liquidity providers for better pricingPartnered with major liquidity providers
Advanced Charting ToolsAdvanced charting tools and technical analysis featuresBasic charting tools, lacks advanced features
Research and Analysis ToolsEconomic calendar, news feed, and indicators availableLimited economic calendar and analysis tools
Community and ForumsActive online community forums for tradersLimited community engagement, mainly focused on support
Market Depth InformationAvailable for ECN accountsNot available
Corporate StructureEstablished by Exness Limited (founded in 2008)Owned by Plus500 Ltd (founded in 2008)
Margin Call LevelVaries by account type, generally 80%Generally 50% for retail accounts
Stop Out Level30% for most accounts50% for retail accounts
Negative Balance ProtectionYes, protects against negative balancesYes, protects against negative balances
Investment ProductsOffers CFDs and Forex trading primarilyOffers CFDs, ETFs, and Forex trading
Educational FormatsOffers webinars, eBooks, and video tutorialsPrimarily text-based guides and articles
Trading Psychology ResourcesProvides articles and resources on trading psychologyLimited resources on trading psychology
Market Order TypesMarket, limit, stop, and trailing stop ordersMarket and limit orders only
Customization OptionsCustomizable trading interface on platformsLimited customization options
User InterfaceModern and intuitive, suitable for beginnersStraightforward and simple, user-friendly
Withdrawal Processing TimeTypically 1-3 business days for most methodsInstant withdrawals for e-wallets, 1-3 days for others
Account Security FeaturesTwo-factor authentication (2FA), withdrawal whitelistTwo-factor authentication (2FA) available
Trading Community EngagementActive webinars and community eventsLimited engagement; primarily support-focused
Trial Period for New AccountsNo formal trial period, demo accounts availableNo formal trial; demo accounts available
Historical Data AccessExtensive historical data availableLimited historical data for analysis
Leverage RestrictionsMay vary based on trader’s experience and jurisdictionSet leverage restrictions based on client classification
Risk DisclosureComprehensive risk disclosure availableStandard risk warnings provided
Regulatory AuditsRegular audits to ensure complianceRegular audits and financial reporting
Global AccessibilityAvailable in multiple regions, restricted in some countriesAvailable in most regions, restrictions apply
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