Exness vs FXTM Comparison & Reviews

Feature
Exness
FXTM
Regulation
Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles)
Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)
Year Established
2008
2011
Trading Platforms
MetaTrader 4, MetaTrader 5, Exness Trader App
MetaTrader 4, MetaTrader 5, FXTM Trader App
Account Types
Standard, Standard Cent, Pro, Zero, Raw Spread
Micro, Advantage, Advantage Plus
Minimum Deposit
$1 for Standard account
$10 for Micro, $500 for Advantage and Advantage Plus
Spread Type
Variable and Raw
Variable
Spreads (Typical)
From 0.3 pips on Standard, 0.0 on Raw Spread, Zero
From 1.5 pips on Micro, 0.0 pips on Advantage, Advantage Plus
Leverage
Up to 1:2000, unlimited for specific account types under certain conditions
Up to 1:2000, varies based on instrument and region
Trading Instruments
Forex, Commodities, Indices, Cryptocurrencies, Stocks
Forex, Commodities, Indices, Cryptocurrencies, Stocks
Deposit Methods
Bank Transfer, Credit/Debit Cards, eWallets (Skrill, Neteller, WebMoney), Cryptocurrency
Bank Transfer, Credit/Debit Cards, eWallets (Skrill, Neteller, WebMoney), Cryptocurrency
Withdrawal Methods
Same as deposit methods, some instant withdrawals depending on method
Same as deposit methods
Execution Type
Market Execution
Market Execution
Order Execution Speed
Fast execution, typically under 0.01 seconds
Fast execution, typically under 0.2 seconds
Negative Balance Protection
Yes
Yes
Educational Resources
Webinars, Video Tutorials, Trading Articles, Demo Account
Webinars, Video Tutorials, Trading Articles, Demo Account
Customer Support
24/7, multilingual support
24/5, multilingual support
Research Tools
Trading Central, Economic Calendar, Trading Signals
Trading Signals, Economic Calendar, FXTM Pivot Points Strategy
Islamic Accounts
Yes, swap-free option available for Islamic traders
Yes, swap-free option available for Islamic traders
Copy Trading
Yes, via Exness Social Trading platform
Yes, via FXTM Invest platform
Demo Account
Yes, unlimited demo accounts available
Yes, unlimited demo accounts available
Cryptocurrency Pairs
Yes, including Bitcoin, Ethereum, Litecoin, Ripple
Yes, including Bitcoin, Ethereum, Litecoin, Ripple
Additional Features
VPS hosting for eligible accounts, AI-driven trading insights, Trade Calculator
VPS hosting for eligible accounts, PAMM (Percentage Allocation Money Management) accounts for investors
Commission
Zero commission on Standard accounts, commission on Raw Spread and Zero accounts
Commission-free on Micro account, commission on Advantage accounts
Promotions & Bonuses
Limited promotional offers
Offers bonuses and periodic promotions for Advantage accounts
Mobile Trading
Fully supported on iOS and Android
Fully supported on iOS and Android
Account Currencies
USD, EUR, GBP, AUD, various local currencies depending on the region
USD, EUR, GBP, NGN, various local currencies depending on the region
Available Languages
15+ languages, including English, Spanish, Russian, Chinese
10+ languages, including English, Spanish, French, Russian, Chinese
Social Trading Availability
Available via Exness Social Trading app
Available via FXTM Invest for copying trades
Algorithmic Trading
Supported via MetaTrader 4 and 5 using Expert Advisors (EAs)
Supported via MetaTrader 4 and 5 using Expert Advisors (EAs)
Stop Loss/Take Profit
Yes, available for all account types
Yes, available for all account types
Price Alerts & Notifications
Available on trading platforms, mobile app notifications, desktop notifications
Available on trading platforms, mobile app notifications
Hedging Allowed
Yes, allowed on all account types
Yes, allowed on all account types
Scalping Allowed
Yes, scalping permitted
Yes, scalping permitted
Pending Orders
Market, Limit, Stop, and Trailing orders available
Market, Limit, Stop, and Trailing orders available
Guaranteed Stop Loss
Not available
Not available
Swap-Free Accounts
Applicable to specific account types for Muslim clients
Available for Islamic accounts without swap fees
Rebates Program
No rebate program, but lower spreads and commissions available on certain accounts
Yes, with loyalty cashbacks and rebates available
News Feed
Live news feed integrated in the platform
Integrated financial news feed
Trading Competitions
Occasionally available through limited-time offers
Periodic trading contests for clients
Account Inactivity Fees
No inactivity fees
Inactivity fees apply after six months of no trading activity
Conversion Fees
Yes, applicable for non-base currency deposits
Yes, applicable for non-base currency deposits
Automated Withdrawal Processing
Yes, on specific methods such as e-wallets
Yes, though processing times may vary by method
Minimum Lot Size
0.01 lots
0.01 lots
Maximum Number of Orders
Up to 100 orders for most accounts
Up to 300 orders depending on account type
Financial Reports
Monthly and annual financial reports available for registered clients
Quarterly and annual financial reports available for transparency
Order History Retention
Comprehensive, with historical trade data accessible via platform
Comprehensive, historical trade data available via platform
Trading Tools
Leverage Calculator, Profit Calculator, Currency Converter
Pivot Points Strategy Tool, Trading Signals, Leverage Calculator
Client Fund Segregation
Client funds are kept in segregated accounts with tier-1 banks
Client funds are segregated in top-tier bank accounts for security
Licenses for Different Regions
Specific licenses and offerings depending on region (e.g., CySEC for EU)
Specific licenses for different regions (e.g., CySEC, FSC for certain regions)
Risk Management Tools
Margin call alerts, stop out levels, customizable risk alerts on app
Margin call alerts, stop out levels, Risk Management educational resources
Account Verification Process
Quick, automated verification process, KYC compliant
Automated and manual verification, KYC compliant
Advanced Charting Tools
Integrated with MetaTrader 4 and 5, customizable indicators, multi-chart layout
Integrated with MetaTrader 4 and 5, numerous charting tools, multi-chart layout
Order Types Supported
Market orders, Limit orders, Stop orders, Trailing Stop
Market orders, Limit orders, Stop orders, Trailing Stop
Data Security & Encryption
SSL encryption, two-factor authentication, regular audits
SSL encryption, two-factor authentication, regular audits
Trading Volume Requirements
No trading volume requirements for retail accounts
No volume requirements for retail accounts, volume-based loyalty program for professional
Platform Customizability
Highly customizable MT4/MT5 layouts, customizable Exness mobile app settings
Full customizability with MT4/MT5, customizable FXTM mobile app
Interest on Unused Funds
No interest on unused funds in trading accounts
No interest on unused funds
Technical Support Channels
Live chat, email, phone support, social media channels, and knowledge base
Live chat, email, phone support, comprehensive FAQ section, and knowledge base
Affiliate Program
Yes, offers competitive commissions and marketing materials
Yes, comprehensive affiliate and referral program with tiered commissions
Professional Client Services
Dedicated account manager for high-volume clients, advanced analytical tools
Dedicated account manager for VIP clients, access to FXTM Invest insights
Latency & Execution Accuracy
Low latency trading with precise execution times for rapid order fulfillment
Low latency trading, VPS available for professional and high-frequency traders
Social Media Presence
Active on Twitter, Facebook, YouTube with regular updates, webinars, and educational videos
Active on Twitter, Facebook, YouTube, and LinkedIn, offers educational content and news
Customer Support Languages
Multilingual, including English, Chinese, Russian, Arabic
Multilingual, including English, French, Spanish, Russian, Chinese
Market Insights & Analysis
Regular market insights, real-time analysis, economic calendar
Daily and weekly analysis, market commentary, economic calendar
Regulatory Compliance Reporting
Quarterly and annual financial compliance reports, transparent operational disclosures
Quarterly financial reports, adherence to international AML/CFT regulations
HFT (High-Frequency Trading) Support
Permitted on advanced account types, low latency data feeds
Permitted, low latency for professional accounts, optimized servers
Trading Signal Services
Available via MT4/MT5 platforms, customized signals on specific assets
Signals via MT4/MT5, FXTM proprietary signals, FXTM Pivot Points
Referral Bonuses
Periodic referral programs for users and affiliates, variable bonuses by region
Yes, frequent referral bonuses with regional promotions
Web-Based Trading
WebTrader platform available, compatible with all browsers
WebTrader platform via MT4/MT5 for instant online trading
Withdrawal Processing Speed
Instant processing for specific methods (e-wallets), bank transfers may take 3-5 days
Instant for certain e-wallets, bank transfers may take up to 2 business days
Funds Protection Policy
Client funds are insured with top-tier banks, enhanced security for large deposits
Client funds held in segregated accounts with reputable banks
Leverage Adjustment Options
Dynamic leverage options based on trading volume, accessible via platform
Adjustable leverage based on account type and region
Research Partnerships
Collaborates with Trading Central for analysis, industry research
Research tools powered by industry experts, in-house analysts
Holiday Trading Hours
Holiday schedules published in advance, special notifications on platform
Holiday schedules announced, additional notifications and trading pause guidance
Corporate Account Services
Available for institutional investors, corporate-level analytical and reporting tools
Available, customized for institutions with added reporting and analytics
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Exness and FXTM both offer a range of trading options with reliable regulation, competitive spreads, robust platforms, and additional features like social trading, VPS hosting, and diverse account types, catering to both retail and professional traders.