Exness vs XM Trading Comparison & Reviews

Feature
Exness
XM
Year Founded
2008
2009
Regulation
CySEC, FCA, FSA (Seychelles), FSCA (South Africa), CBCS, FSC (BVI)
CySEC, FCA, ASIC, DFSA, IFSC
Headquarters
Limassol, Cyprus
Limassol, Cyprus
Minimum Deposit
$10 (Standard Account)
$5 (Micro & Standard Accounts)
Maximum Leverage
1:2000 (depends on account type)
1:888 (Non-EU clients)
Trading Instruments
Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices
Forex, Commodities, Indices, Metals, Energies, Stocks, CFDs
Spread Type
Variable
Variable
Typical Spread on EUR/USD
0.1 pips (Raw Spread Account), 1.0 pips (Standard Account)
0.6 pips (Zero Account), 1.6 pips (Standard Account)
Commission
No commission on Standard accounts. Raw Spread and Zero accounts have commission starting from $3.50 per lot
Zero Account has a commission of $3.5 per lot per side.
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTerminal, Mobile App
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader
Account Types
Standard, Standard Plus, Raw Spread, Zero, Pro
Micro, Standard, XM Zero, Ultra-Low
Demo Account
Yes (Unlimited)
Yes (Unlimited)
Islamic Account
Yes (Swap-free accounts available)
Yes (Swap-free accounts available)
Deposit/Withdrawal Methods
Bank wire, Credit/Debit cards, E-wallets (Skrill, Neteller), Cryptocurrency, Local payment options
Bank wire, Credit/Debit cards, E-wallets (Skrill, Neteller), Local payment options
Deposit/Withdrawal Fees
No deposit fees. Withdrawal fees may apply for specific methods
No deposit/withdrawal fees
Execution Type
Market execution
Market execution
Trading Hours
24/5 for Forex, specific hours for other instruments
24/5 for Forex, specific hours for other instruments
Negative Balance Protection
Yes
Yes
Education and Analysis
Webinars, Trading guides, Market analysis, Economic calendar
Webinars, Tutorials, Market analysis, Economic calendar
Customer Support
24/7 via live chat, email, phone
24/5 via live chat, email, phone
Bonus and Promotions
No bonuses due to regulatory restrictions
Welcome bonus, Loyalty program (for non-EU clients)
Social Trading/Copy Trading
Yes, via Exness Social Trading
No direct feature, but MT4/MT5 tools may offer options
Licensing in Europe
FCA (UK), CySEC (EU)
CySEC (EU), FCA (UK), ASIC (Australia)
Mobile Trading
Yes (Mobile apps for both iOS and Android)
Yes (Mobile apps for both iOS and Android)
Account Currency Options
Over 80 currencies including USD, EUR, GBP, CAD, BTC, etc.
11 currencies including USD, EUR, GBP, JPY, AUD, ZAR
Scalping and Hedging
Allowed
Allowed
Trading Tools
VPS hosting, Economic calendar, Currency converter, Calculator
VPS hosting, Economic calendar, Trade ideas, News feed
Leverage for EU Clients
Up to 1:30 (FCA and CySEC)
Up to 1:30 (FCA and CySEC)
Supported Languages
15+ languages including English, Spanish, Russian, Chinese, Arabic, etc.
25+ languages including English, Spanish, French, German, Arabic, etc.
Account Verification Time
Instant verification available
24-48 hours
Order Execution Speed
<0.1 seconds (ultra-fast)
0.15-0.25 seconds
Order Types
Market, Pending (Limit/Stop), Trailing stop, One-click trading
Market, Pending (Limit/Stop), Trailing stop, One-click trading
Available Lot Sizes
0.01 to 200 lots (depending on account type)
0.01 to 100 lots
Leverage for Retail Clients
1:30 (EU), up to 1:2000 (International)
1:30 (EU), up to 1:888 (International)
Leverage for Professional Clients
1:2000 (Available upon meeting professional client criteria)
1:500 (Professional clients under certain conditions)
Swap-Free Options
Yes, on specific account types
Yes, available for Islamic accounts
Margin Call/Stop-Out Levels
60%/0% on Standard Account, 30%/0% on Pro and Zero Accounts
50%/20% (EU), 20%/10% (International)
Requote Policy
No requotes (STP/ECN broker)
No requotes (Market execution)
Micro Accounts
No, 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 Cryptocurrencies
Bitcoin, Ethereum, Litecoin, Ripple
No direct cryptocurrency trading
Spreads on Majors
From 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 Features
Hedging, Real-time data, VPS support, Automated trading (Expert Advisors)
Hedging, VPS support, One-click trading, Expert Advisors
MetaTrader 5 Features
Extended order types, Additional technical indicators, Faster execution
Full order types, Additional chart types, Multi-asset support
Advanced Charting Tools
Yes (via MT4/MT5), includes technical indicators and analytics tools
Yes, available on MT4/MT5 and WebTrader platforms
Automated Trading
Yes, supports Expert Advisors (EAs) on both MT4 and MT5 platforms
Yes, supports Expert Advisors (EAs) on both MT4 and MT5 platforms
Social Trading
Exness Social Trading platform (copy professional traders)
No direct social trading platform
Trading Contests
No
Yes, periodic trading contests for prizes (for non-EU clients)
News Feed
Yes, integrated into the platform (MT4/MT5)
Yes, includes in-depth market analysis, real-time updates
VPS Hosting
Yes, free for eligible traders
Yes, free for traders who meet minimum deposit requirements
Slippage Protection
Yes, partial fills available
Yes, negative balance protection and automatic stop-out
Depth of Market (DOM)
Yes (available on MT5)
Yes (available on MT5)
Deposit Processing Time
Instant for most payment methods (including crypto)
Instant (depending on payment method)
Withdrawal Processing Time
Instant for most methods (cryptos, e-wallets), up to 3-5 days for bank transfers
Same day for e-wallets, 2-5 days for bank transfers
Negative Balance Protection
Yes (all account types)
Yes (all account types)
PAMM/MAM Accounts
No
No direct offering of PAMM/MAM accounts
Customer Support Channels
24/7 live chat, email, phone, WhatsApp
24/5 live chat, email, phone
Local Office Presence
Available in regions like Asia and South Africa
Available in over 10 regions globally, including Asia and Europe
Supported Languages
15+ languages including English, Russian, Spanish, Arabic, Chinese
25+ languages including French, German, Italian, Spanish, Arabic
Trading Signals
Yes, via Trading Central
Yes, via MetaTrader Signals
Webinars and Seminars
Frequent, available in multiple languages
Frequent, multilingual, with both beginner and advanced sessions
Economic Calendar
Yes, available on the Exness website and platforms
Yes, available on XM website and trading platforms
Inactivity Fee
No inactivity fee charged
Yes, $5/month after 90 days of inactivity
Withdrawal Limits
No limits on withdrawals, but restrictions apply based on method
No specific withdrawal limits
Rebate Program
No direct rebates
Yes, for professional and VIP clients
Broker Type
STP/ECN (Direct market access)
Market Maker (with No Dealing Desk execution)
See also  Exness vs SaxoBank Comparison & Reviews