Exness vs FTMO Comparison

Feature
Exness
FTMO
Company Type
Broker, provides direct trading services
Proprietary Trading Firm, provides funded accounts to traders
Founded
2008
2015
Headquarters
Limassol, Cyprus
Prague, Czech Republic
Regulation
Regulated by CySEC, FCA, FSA, FSCA, and CBCS
Unregulated
Account Types
Standard, Pro, Raw Spread, Zero, Islamic Accounts
FTMO Challenge and Verification Accounts, Funded Trader Accounts
Leverage
Up to 1:2000 (varies by account type)
Up to 1:100
Minimum Deposit
$1 for Standard Accounts
None, but FTMO Challenge Fee (Refundable upon completion)
Trading Instruments
Forex, Cryptocurrencies, Metals, Energies, Stocks, Indices
Forex, Commodities, Indices, Cryptocurrencies
Platforms
MetaTrader 4, MetaTrader 5, Exness Web Terminal, Mobile Apps
MetaTrader 4, MetaTrader 5
Spread Type
Variable, with Raw Spread Account offering near-zero spreads
Variable
Commission
No commission on Standard accounts, low commission on Raw Spread and Zero accounts
No commission on Challenge accounts, standard spread applies
Execution Type
Market execution
Market execution
Trading Tools
Economic Calendar, Currency Converter, Trading Signals, VPS for Pro Accounts
FTMO Swing Account option for higher leverage, Scaling Plan, Account Analysis Tool
Education and Resources
Extensive, including webinars, articles, videos, and analysis
Education for funded traders, webinars, articles, and videos
Risk Management
Negative balance protection, Stop Out Level
Strict risk management rules for Challenge, Maximum Daily Loss, Maximum Overall Loss
Withdrawal Fees
No fees on most withdrawal methods
No fees on profit withdrawals
Customer Support
24/7 via live chat, email, phone support
Email and live chat support
Funding Process
Standard account funding through deposit
Requires passing FTMO Challenge and Verification phases
Profit Sharing
Trader keeps 100% profit
80%-90% profit split for Funded Traders
Geographic Restrictions
Available in most countries, some restrictions in sanctioned countries
Available globally, some restrictions for countries with regulatory conflicts
Withdrawal Processing Time
Instant on certain payment methods, 1-3 business days for others
1-2 business days
Trader Requirements
No specific requirements for most accounts, Islamic account options available
Strict trading rules, requires successful completion of FTMO Challenge
Best for
Retail traders, high leverage enthusiasts, and beginners
Experienced traders looking for funding and willing to follow specific rules
Account Currencies
Multiple options including USD, EUR, GBP, AUD, cryptocurrencies
Limited options; typically funded accounts are in USD or EUR
Order Types
Market, Limit, Stop, Trailing Stops
Market, Limit, Stop
Mobile Trading
Full-featured mobile apps for iOS and Android
Limited mobile functionality, compatible with MetaTrader apps
Social Trading
Copy trading available through Exness Social Trading app
No social trading, proprietary trading only
Algo Trading
Supported on MetaTrader 4 and 5 (EA capabilities)
Not supported; manual trading required
Demo Account
Yes, unlimited demo accounts
Yes, demo through FTMO Challenge with simulated conditions
Trading Hours
24/5 for Forex, specific hours for other assets
24/5, aligns with market hours for each asset
Spreads on Majors (Average)
From 0.1 pips on Raw Spread Account
Typically 1.0-1.5 pips on Challenge accounts
Swap Fees
Swap-free option available, fees vary by instrument
No swaps on Challenge or Funded accounts
Slippage Control
Yes, order execution depends on market conditions, can vary by account type
Strict slippage control, standardized market conditions
Account Expiry
No expiry for live accounts
Expiry only if Challenge or Verification is failed
Trade Size Limits
Flexible; micro lots available, max trade size varies by account
Standard lot sizes; strict limits for maximum daily and overall losses
API Access
Yes, allows API integration for automated trading
No API access
Trading Strategy Flexibility
High, allows scalping, hedging, EAs
Restricted; no news trading or high-frequency strategies allowed
Profit Withdrawal Conditions
Immediate withdrawal on profits for all accounts
Monthly profit withdrawals allowed
Scaling Plan
Not available
Yes, eligible Funded Traders can scale up based on performance
Inactivity Fees
None
No inactivity fees on funded accounts
Account Review Requirements
None, trading can be autonomous
Monthly performance reviews for scaling and continued funding eligibility
Promotions and Bonuses
Occasional deposit bonuses, promotions vary
No bonuses or promotions, performance-based scaling only
Trading Psychology Resources
Limited
Dedicated resources for Funded Traders, emphasis on psychology and risk management
Verification Process
KYC required for withdrawals, identity and residence proof
Strict verification after Challenge completion
Payout Frequency
Flexible, as per user preference and profit availability
Monthly payouts, can be bi-monthly on request
Company Reputation
Well-regarded in brokerage industry, established and regulated
Reputable in proprietary trading with high success rates for experienced traders
Additional Fees
Overnight fees on positions, no account management fees
Challenge and Verification fees (refundable), no other fees
Deposit Methods
Credit/Debit Card, Bank Transfer, e-Wallets (Skrill, Neteller), Cryptocurrencies
No deposits required; Challenge and Verification fees paid through various online payment methods
Withdrawal Methods
Same as deposit methods, plus instant withdrawals on some e-wallets
Profits paid via bank transfer or PayPal only
Liquidity Providers
Top-tier banks and liquidity providers
Proprietary capital, liquidity facilitated through institutional-grade providers
Order Execution Speed
Ultra-fast, typically under 0.01 seconds for Standard and Pro accounts
Fast execution, varies slightly due to simulated conditions during Challenge
Market Analysis Tools
Technical indicators, fundamental analysis tools, real-time news feed
In-depth market analysis provided on FTMO’s dashboard, performance analysis available
Partnership Program
Yes, offers affiliate program and introducing broker options
None
Trade Monitoring
Self-monitoring, account dashboard with basic analytics
Advanced analytics tool, real-time trade feedback, daily and overall risk alerts
Real-Time Notifications
Available through MetaTrader push notifications and email
Real-time notifications on risk and profit milestones through FTMO dashboard
Client Transparency
Transparent with account details, trading fees, order details
Highly transparent, real-time profit and risk metrics for funded traders
Language Support
Multi-language, supports over 15 languages in platform and customer service
Primarily English and Czech, some resources in other languages
Security Measures
Two-factor authentication (2FA), secure servers, data encryption
Strict account security with 2FA, secure servers, high focus on data privacy
Broker Type
ECN/STP with direct market access
Acts as an institutional capital provider, no brokerage services
Global Accessibility
Highly accessible with limited country restrictions
Available globally but requires specific regulatory compatibility for funded accounts
Trading Competitions
Occasionally holds trading contests and rewards
No competitions, but offers milestones for scaling accounts
Copy Trading Features
Social trading options with Exness CopyTrading app
Not supported
Account Management Options
Allows personal account management and adjustments
No direct account management; accounts are managed based on performance
Trade Reversal Feature
Not available
Not available; trades are final in Challenge and Funded phases
Interest on Equity
None, equity is only tradable
None, profits are shared based on performance
Trading Sessions
Forex and other markets are accessible during active market sessions, 24/5
Funded account trading sessions follow market hours, strict timing rules apply
Platform Customization
Customizable within MetaTrader, advanced charting and EA capabilities
Basic customization through MetaTrader interface only
Trading History
Accessible through MetaTrader, downloadable trade reports
Detailed trading history available on FTMO dashboard
Transparency in Fees
Transparent fee structure, visible in platform
Transparent fee for Challenge, no hidden costs
Focus on Beginner Traders
Offers beginner resources, flexible account types, and low initial deposits
Primarily targets experienced traders, high requirements for fund access
Additional Trader Support
Trading psychology videos, account analytics, community forum
Personalized support for Funded Traders, focus on psychological resilience
User Feedback and Support Channels
24/7 live chat, multilingual email support
Community-focused support via email and live chat, feedback integrated into platform features
Insurance on Funds
Client funds segregated and insured in regulated jurisdictions
No insurance, but strict capital allocation based on trader performance
Account Upgrade Options
Upgrade to higher-tier accounts for lower spreads, faster execution
Account scaling based on consistent profit and risk management in Funded phase
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