Exness vs Forex.com Comparison & Reviews

Feature
Exness
Forex.com
Regulation
Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and other international authorities
Regulated by FCA (UK), CFTC and NFA (US), ASIC (Australia), MAS (Singapore)
Founded
2008
1999
Supported Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, Exness mobile app
MetaTrader 4 (MT4), WebTrader, proprietary Forex.com Advanced Trading platform
Tradable Assets
Forex pairs, cryptocurrencies, metals, energies, indices, stocks, CFDs on cryptos and indices
Forex pairs, cryptocurrencies, indices, commodities, equities, CFDs on indices and equities
Minimum Deposit
$1 for Standard accounts, varies by account type
$100
Leverage
Up to 1:2000 for Standard accounts, 1:100 for crypto
Up to 1:50 in the US, up to 1:500 outside the US (regulated regions vary)
Account Types
Standard, Standard Cent, Raw Spread, Zero, Pro
Standard, Commission, Direct Market Access (DMA), Active Trader accounts
Spread
Variable spreads, starting as low as 0.1 pips
Variable spreads, starting around 1.0 pips for Standard accounts, lower spreads on Commission and DMA accounts
Commission
Zero commission on Standard accounts, commission for Raw Spread and Zero accounts starting from $3.5 per lot
Commission-free on Standard, $5 per 100k round-turn on Commission accounts, DMA has variable commissions
Deposit Methods
Bank transfer, Visa/Mastercard, Skrill, Neteller, WebMoney, cryptocurrencies, local payment methods
Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal (select countries)
Withdrawal Methods
Bank transfer, Visa/Mastercard, Skrill, Neteller, cryptocurrencies
Bank transfer, Visa/Mastercard, Skrill, Neteller, PayPal (select countries)
Deposit/Withdrawal Fees
No deposit fees, no withdrawal fees (some local methods may charge)
No deposit fees on most methods, withdrawal fees may apply for wire transfers and PayPal
Trading Fees
Lower spreads and commissions on Raw Spread and Zero accounts
Competitive spreads, Commission accounts have a standard rate, tighter spreads on DMA accounts
Execution Type
Market execution
Market execution, DMA execution on specific accounts
Customer Support
24/7 support, live chat, email, phone, supports multiple languages
24/5 support, live chat, email, phone, multilingual support
Educational Resources
Trading guides, webinars, market analysis, trading videos
Extensive education resources, webinars, analysis, market insights, educational videos
Research Tools
Economic calendar, market analysis, financial news, technical analysis
Economic calendar, advanced charting, technical analysis, market insights
Demo Account
Yes, unlimited and free
Yes, free but with time restrictions (30 days)
Islamic Account
Yes, available on all accounts
Yes, on request
Negative Balance Protection
Yes, on all account types
Yes, for retail clients in the EU and UK
Order Types
Market, limit, stop, trailing stop, one-cancels-the-other (OCO)
Market, limit, stop, trailing stop, one-cancels-the-other (OCO), guaranteed stop loss in certain regions
Automated Trading
Yes, via MT4/MT5 Expert Advisors (EAs)
Yes, via MT4 and Forex.com Advanced Trading platform
Social Trading
Yes, through Exness Social Trading platform
Not directly available, some integration with third-party platforms possible
Supported Languages
English, Chinese, Arabic, Russian, Spanish, French, others
English, Chinese, Arabic, German, French, Spanish, Italian, others
Mobile Trading App Features
Available on Android and iOS, user-friendly, includes full trading functionality, customizable interface
Available on Android and iOS, includes full trading functionality, proprietary mobile platform with custom tools
Order Execution Speed
Extremely fast, average 0.01-second execution speed
Fast, average execution speed around 0.05-0.10 seconds
Account Security
2-factor authentication (2FA), segregated client funds, SSL encryption
2-factor authentication (2FA), segregated client funds, SSL encryption, additional regulatory protections in the US
Advanced Charting Tools
MT4/MT5 full charting tools, 38+ indicators, 21 timeframes
Advanced charting on Forex.com platform, 70+ indicators, multiple chart types, timeframes, custom indicators
Copy Trading Options
Yes, via Exness Social Trading app
Not directly supported, third-party integration possible
Market Analysis Tools
Daily market analysis, economic calendar, technical analysis
Real-time analysis, Trading Central, Autochartist, advanced news and research tools
Risk Management Tools
Negative balance protection, margin call alerts, stop-loss, take-profit
Negative balance protection (retail clients), guaranteed stop-loss orders in some regions, risk management alerts
VPS Hosting
Available for free on selected accounts with certain minimum balance
Available for Active Trader accounts, requirements based on trading volume
Scalping and Hedging
Allowed on all accounts
Allowed on all accounts
Affiliate Program
Offers affiliate and IB (Introducing Broker) programs
Offers affiliate program and IB (Introducing Broker) options
Promotions and Bonuses
Occasionally offers bonuses and promotions based on region
Rarely offers promotions, focus on competitive pricing and spreads
Professional Account Options
Yes, offers professional account options for eligible clients
Yes, offers professional accounts with higher leverage for eligible clients
Account Verification
Quick verification process, usually requires basic ID and address proof
Requires ID verification and proof of residence, additional compliance for US clients
Algo Trading Integration
Fully supports algorithmic trading on MT4 and MT5 with EA capabilities
Supports algo trading on MT4 and Forex.com Advanced platform
Platform Customizability
Highly customizable in MT4/MT5, offers multiple plug-ins, themes
Customizable in MT4, additional tools and layouts in Forex.com Advanced platform
News Feed and Financial News
Integrated news from top sources, economic events calendar
Real-time news from Dow Jones, integrated with trading platforms, financial news alerts
Stop Out Level
0% (Standard accounts), 30% (Professional accounts)
50% (Standard accounts), varies for other account types
Client Support Channels
Live chat, phone support, email, social media
Live chat, phone support, email, customer service in multiple regions
Maximum Open Positions
Up to 1000 positions on MT4, varies on other accounts
Up to 200 open positions, based on account type and platform limitations
Account Inactivity Fees
No inactivity fees
Monthly inactivity fee of $15 after 12 months of inactivity
Experience Level Support
Suitable for both beginners and experienced traders, multiple account types and resources for all levels
Suitable for beginners and advanced traders, educational resources, supports professional trading accounts
Algorithmic Trading Support
Supports full algorithmic trading via MT4/MT5 EAs, offers Python API
Supports algorithmic trading on MT4, offers REST API and FIX API for custom trading
Micro Lot Trading
Yes, available on Standard Cent account
Yes, available on all account types
Educational Resources for Beginners
Interactive tutorials, beginner-friendly articles, platform tutorials
Comprehensive video courses, webinars, platform tutorials, glossary
Professional Trader Tools
MT5 Depth of Market (DOM), advanced analytics, customizable indicators
Depth of Market (DOM), customizable trading indicators, Autochartist integration
Social and Community Support
Social trading app with community support
Forum support, third-party forums, community webinars
Availability of Fractional Pips
Yes, offers fractional pip pricing
Yes, allows fractional pip pricing
Historical Data Access
Available on MT4/MT5, downloadable for detailed backtesting
Available on MT4 and Forex.com Advanced platform, downloadable formats
Research Partners
In-house research, collaboration with Dow Jones
Trading Central, Autochartist, in-house research
Liquidity Provider Partnerships
Works with multiple tier-1 banks, liquidity pools
Access to extensive liquidity pool, partners with global liquidity providers
API Access for Developers
Python API for MT4/MT5, suitable for building automated trading systems
REST API, FIX API for algorithmic trading, suitable for custom trading systems
Trade Size Flexibility
Flexible trade sizes, from micro lots up to standard lots
Micro to standard lots, customizable depending on account type
Position Size Limits
High limits, up to 200 lots per position depending on account type
Variable limits, can exceed 50 lots per position on some accounts
Custom Indicator Support
Allows custom indicators on MT4/MT5
Custom indicator support on MT4 and Forex.com Advanced platform
Smart Order Routing
Smart order routing for optimal execution prices
Uses technology to route orders to liquidity providers for optimal prices
Client Fund Insurance
Client funds are held in segregated accounts, insurance depends on regulatory region
Funds held in segregated accounts, additional insurance coverage in some regions
Platform Stability
Highly stable with minimal downtime, 24/7 system monitoring
Very stable with market-standard uptime, robust infrastructure
Backtesting Tools
Available through MT4/MT5 strategy tester
Available on MT4, Forex.com Advanced platform allows historical data testing
Swap-Free Options for Overnight Positions
Yes, swap-free Islamic accounts available
Yes, swap-free accounts available for Islamic traders
Over-the-Counter (OTC) Options
Primarily a retail-focused broker, no OTC options
Primarily retail-focused, limited OTC trading options
Trading Contests
Occasionally holds trading contests and promotions
Rarely offers trading contests, focuses on advanced trading tools
Market Coverage
Coverage in over 170 countries, strong presence in Asia, Africa, and the Middle East
Coverage in the US, UK, Europe, Asia-Pacific, limited availability in some countries
Cloud Backup Options
Backup and cloud-based storage options on MT4/MT5
No specific cloud backup, data stored locally on MT4 and Forex.com platforms
Fees on Overnight/Weekend Positions
Swap fees apply on Standard accounts, swap-free options for Islamic accounts
Swap fees on most accounts, Islamic accounts are swap-free
Daily Interest Rates for Margin Accounts
Variable rates based on account type and leverage used
Interest rates apply for leveraged positions, depending on asset and account type
Experience Level Requirement for Pro Accounts
Must meet criteria based on volume and asset experience
Eligibility criteria for professional account options, experience verification needed
Order Modification Tools
Full order modification (stop-loss, take-profit adjustments) via MT4/MT5
Full order modification, including guaranteed stop-loss in certain regions
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Exness and Forex.com both offer comprehensive trading platforms, with Exness excelling in social trading and high leverage, while Forex.com provides extensive research tools and API options for professional traders.