Exness vs XM Trading Comparison & Reviews

FeatureExnessXM
Year Founded20082009
RegulationCySEC, FCA, FSA (Seychelles), FSCA (South Africa), CBCS, FSC (BVI)CySEC, FCA, ASIC, DFSA, IFSC
HeadquartersLimassol, CyprusLimassol, Cyprus
Minimum Deposit$10 (Standard Account)$5 (Micro & Standard Accounts)
Maximum Leverage1:2000 (depends on account type)1:888 (Non-EU clients)
Trading InstrumentsForex, Metals, Cryptocurrencies, Energies, Stocks, IndicesForex, Commodities, Indices, Metals, Energies, Stocks, CFDs
Spread TypeVariableVariable
Typical Spread on EUR/USD0.1 pips (Raw Spread Account), 1.0 pips (Standard Account)0.6 pips (Zero Account), 1.6 pips (Standard Account)
CommissionNo commission on Standard accounts. Raw Spread and Zero accounts have commission starting from $3.50 per lotZero Account has a commission of $3.5 per lot per side.
Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTerminal, Mobile AppMetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader
Account TypesStandard, Standard Plus, Raw Spread, Zero, ProMicro, Standard, XM Zero, Ultra-Low
Demo AccountYes (Unlimited)Yes (Unlimited)
Islamic AccountYes (Swap-free accounts available)Yes (Swap-free accounts available)
Deposit/Withdrawal MethodsBank wire, Credit/Debit cards, E-wallets (Skrill, Neteller), Cryptocurrency, Local payment optionsBank wire, Credit/Debit cards, E-wallets (Skrill, Neteller), Local payment options
Deposit/Withdrawal FeesNo deposit fees. Withdrawal fees may apply for specific methodsNo deposit/withdrawal fees
Execution TypeMarket executionMarket execution
Trading Hours24/5 for Forex, specific hours for other instruments24/5 for Forex, specific hours for other instruments
Negative Balance ProtectionYesYes
Education and AnalysisWebinars, Trading guides, Market analysis, Economic calendarWebinars, Tutorials, Market analysis, Economic calendar
Customer Support24/7 via live chat, email, phone24/5 via live chat, email, phone
Bonus and PromotionsNo bonuses due to regulatory restrictionsWelcome bonus, Loyalty program (for non-EU clients)
Social Trading/Copy TradingYes, via Exness Social TradingNo direct feature, but MT4/MT5 tools may offer options
Licensing in EuropeFCA (UK), CySEC (EU)CySEC (EU), FCA (UK), ASIC (Australia)
Mobile TradingYes (Mobile apps for both iOS and Android)Yes (Mobile apps for both iOS and Android)
Account Currency OptionsOver 80 currencies including USD, EUR, GBP, CAD, BTC, etc.11 currencies including USD, EUR, GBP, JPY, AUD, ZAR
Scalping and HedgingAllowedAllowed
Trading ToolsVPS hosting, Economic calendar, Currency converter, CalculatorVPS hosting, Economic calendar, Trade ideas, News feed
Leverage for EU ClientsUp to 1:30 (FCA and CySEC)Up to 1:30 (FCA and CySEC)
Supported Languages15+ languages including English, Spanish, Russian, Chinese, Arabic, etc.25+ languages including English, Spanish, French, German, Arabic, etc.
Account Verification TimeInstant verification available24-48 hours
Order Execution Speed<0.1 seconds (ultra-fast)0.15-0.25 seconds
Order TypesMarket, Pending (Limit/Stop), Trailing stop, One-click tradingMarket, Pending (Limit/Stop), Trailing stop, One-click trading
Available Lot Sizes0.01 to 200 lots (depending on account type)0.01 to 100 lots
Leverage for Retail Clients1:30 (EU), up to 1:2000 (International)1:30 (EU), up to 1:888 (International)
Leverage for Professional Clients1:2000 (Available upon meeting professional client criteria)1:500 (Professional clients under certain conditions)
Swap-Free OptionsYes, on specific account typesYes, available for Islamic accounts
Margin Call/Stop-Out Levels60%/0% on Standard Account, 30%/0% on Pro and Zero Accounts50%/20% (EU), 20%/10% (International)
Requote PolicyNo requotes (STP/ECN broker)No requotes (Market execution)
Micro AccountsNo, but Standard Account allows micro-lot trading (0.01 lots)Yes, XM Micro Account allows trading in smaller units (1 micro lot = 1,000 units)
Available CryptocurrenciesBitcoin, Ethereum, Litecoin, RippleNo direct cryptocurrency trading
Spreads on MajorsFrom 0.1 pips (Raw Spread), from 1.0 pips (Standard Account)From 0.6 pips (Zero Account), from 1.6 pips (Standard Account)
MetaTrader 4 FeaturesHedging, Real-time data, VPS support, Automated trading (Expert Advisors)Hedging, VPS support, One-click trading, Expert Advisors
MetaTrader 5 FeaturesExtended order types, Additional technical indicators, Faster executionFull order types, Additional chart types, Multi-asset support
Advanced Charting ToolsYes (via MT4/MT5), includes technical indicators and analytics toolsYes, available on MT4/MT5 and WebTrader platforms
Automated TradingYes, supports Expert Advisors (EAs) on both MT4 and MT5 platformsYes, supports Expert Advisors (EAs) on both MT4 and MT5 platforms
Social TradingExness Social Trading platform (copy professional traders)No direct social trading platform
Trading ContestsNoYes, periodic trading contests for prizes (for non-EU clients)
News FeedYes, integrated into the platform (MT4/MT5)Yes, includes in-depth market analysis, real-time updates
VPS HostingYes, free for eligible tradersYes, free for traders who meet minimum deposit requirements
Slippage ProtectionYes, partial fills availableYes, negative balance protection and automatic stop-out
Depth of Market (DOM)Yes (available on MT5)Yes (available on MT5)
Deposit Processing TimeInstant for most payment methods (including crypto)Instant (depending on payment method)
Withdrawal Processing TimeInstant for most methods (cryptos, e-wallets), up to 3-5 days for bank transfersSame day for e-wallets, 2-5 days for bank transfers
Negative Balance ProtectionYes (all account types)Yes (all account types)
PAMM/MAM AccountsNoNo direct offering of PAMM/MAM accounts
Customer Support Channels24/7 live chat, email, phone, WhatsApp24/5 live chat, email, phone
Local Office PresenceAvailable in regions like Asia and South AfricaAvailable in over 10 regions globally, including Asia and Europe
Supported Languages15+ languages including English, Russian, Spanish, Arabic, Chinese25+ languages including French, German, Italian, Spanish, Arabic
Trading SignalsYes, via Trading CentralYes, via MetaTrader Signals
Webinars and SeminarsFrequent, available in multiple languagesFrequent, multilingual, with both beginner and advanced sessions
Economic CalendarYes, available on the Exness website and platformsYes, available on XM website and trading platforms
Inactivity FeeNo inactivity fee chargedYes, $5/month after 90 days of inactivity
Withdrawal LimitsNo limits on withdrawals, but restrictions apply based on methodNo specific withdrawal limits
Rebate ProgramNo direct rebatesYes, for professional and VIP clients
Broker TypeSTP/ECN (Direct market access)Market Maker (with No Dealing Desk execution)
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