Exness vs Plus500 Comparison & Reviews

Feature
Exness
Plus500
Regulation
Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and others
Regulated by FCA (UK), ASIC (Australia), CySEC (Cyprus)
Trading Platforms
MetaTrader 4, MetaTrader 5, Exness Web Trader
Plus500 Web Trader, Plus500 Mobile App
Minimum Deposit
$1
$100
Leverage
Up to 1:2000 for professional accounts, 1:1000 for standard accounts
Up to 1:30 for retail accounts, 1:300 for professional accounts
Spread
Variable spreads starting from 0.0 pips for ECN accounts
Fixed spreads starting from 0.6 pips
Asset Variety
Over 200 instruments including Forex, commodities, cryptocurrencies, stocks, indices
Over 2,000 instruments including Forex, commodities, cryptocurrencies, stocks, ETFs
Demo Account
Yes, unlimited demo account available
Yes, unlimited demo account available
Customer Support
24/7 support via live chat, email, and phone, multiple languages supported
24/7 support via live chat and email, multilingual support
Educational Resources
Comprehensive educational materials, webinars, trading tools, and market analysis
Limited educational resources, primarily articles and guides
Account Types
Standard, Pro, Zero, and ECN accounts available
One main account type with leverage options
Trading Costs
Commission on certain accounts, no commissions for others, spreads only for some accounts
No commissions, spreads only, potential overnight fees
Withdrawal Fees
Varies by method; some withdrawal methods are free
Generally no withdrawal fees, but may vary based on payment method
Deposit Methods
Credit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller)
Credit/debit cards, bank transfers, PayPal, Skrill, Neteller
Withdrawal Methods
Credit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller)
Credit/debit cards, bank transfers, PayPal, Skrill
Mobile Trading
Mobile versions of MetaTrader 4 and 5, Exness mobile app available
Dedicated mobile app for iOS and Android with full functionality
Market Analysis Tools
Economic calendar, trading signals, market sentiment analysis
Basic market analysis tools, price alerts, and news updates
Risk Management Tools
Stop loss, take profit, trailing stop, and negative balance protection
Stop loss, take profit, guaranteed stop loss available
Trading Instruments
Forex (over 100 pairs), commodities (gold, silver, oil), indices, stocks, cryptocurrencies
Forex (over 70 pairs), commodities, cryptocurrencies, stocks, ETFs
Account Currency Options
Multiple currencies including USD, EUR, GBP, and more
Limited to main currencies like USD, GBP, and EUR
Trading Hours
24/5 trading for Forex, limited hours for commodities and stocks
24/7 trading for cryptocurrencies, 24/5 for Forex and commodities
Account Verification
Simple verification process with online submission of documents
Requires identity and address verification; can take longer
Trading Execution
Instant execution for standard accounts; ECN for professional accounts
Market execution, no requotes
Trading Tools
VPS hosting available for traders
Limited to charting tools and price alerts
Social Trading
Copy trading feature available
No social trading feature
Algorithmic Trading
Supports automated trading through APIs
No support for algorithmic trading
Account Management
User-friendly client portal for account management
Intuitive interface for account management
Reporting Tools
Detailed trading reports available in the client portal
Basic reporting tools, not as detailed
Tax Reporting
Provides necessary documentation for tax reporting
Basic documentation provided, may vary by region
Customer Support Languages
Multiple languages supported for customer support
Limited to major languages like English, Spanish, etc.
Market Research
Access to in-depth market research and analysis
Basic market news updates only
Affiliate Program
Available with various commission structures
Yes, offers a referral program
Currency Conversion Fees
Fees apply for conversions not in account currency
Currency conversion fees may apply
Regulatory Compliance
Adheres to strict compliance with regulatory authorities
Adheres to regulatory requirements; conducts regular audits
Liquidity Providers
Multiple liquidity providers for better pricing
Partnered with major liquidity providers
Advanced Charting Tools
Advanced charting tools and technical analysis features
Basic charting tools, lacks advanced features
Research and Analysis Tools
Economic calendar, news feed, and indicators available
Limited economic calendar and analysis tools
Community and Forums
Active online community forums for traders
Limited community engagement, mainly focused on support
Market Depth Information
Available for ECN accounts
Not available
Corporate Structure
Established by Exness Limited (founded in 2008)
Owned by Plus500 Ltd (founded in 2008)
Margin Call Level
Varies by account type, generally 80%
Generally 50% for retail accounts
Stop Out Level
30% for most accounts
50% for retail accounts
Negative Balance Protection
Yes, protects against negative balances
Yes, protects against negative balances
Investment Products
Offers CFDs and Forex trading primarily
Offers CFDs, ETFs, and Forex trading
Educational Formats
Offers webinars, eBooks, and video tutorials
Primarily text-based guides and articles
Trading Psychology Resources
Provides articles and resources on trading psychology
Limited resources on trading psychology
Market Order Types
Market, limit, stop, and trailing stop orders
Market and limit orders only
Customization Options
Customizable trading interface on platforms
Limited customization options
User Interface
Modern and intuitive, suitable for beginners
Straightforward and simple, user-friendly
Withdrawal Processing Time
Typically 1-3 business days for most methods
Instant withdrawals for e-wallets, 1-3 days for others
Account Security Features
Two-factor authentication (2FA), withdrawal whitelist
Two-factor authentication (2FA) available
Trading Community Engagement
Active webinars and community events
Limited engagement; primarily support-focused
Trial Period for New Accounts
No formal trial period, demo accounts available
No formal trial; demo accounts available
Historical Data Access
Extensive historical data available
Limited historical data for analysis
Leverage Restrictions
May vary based on trader’s experience and jurisdiction
Set leverage restrictions based on client classification
Risk Disclosure
Comprehensive risk disclosure available
Standard risk warnings provided
Regulatory Audits
Regular audits to ensure compliance
Regular audits and financial reporting
Global Accessibility
Available in multiple regions, restricted in some countries
Available in most regions, restrictions apply
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