9 minute read
Exness vs FXTM: A Comprehensive Comparison for Traders
from Exness
by Exness_Blog
The forex trading landscape is filled with brokers vying for traders’ attention, each offering a unique blend of features, platforms, and trading conditions. Among the top contenders are Exness vs FXTM (ForexTime), two globally recognized brokers known for their reliability, competitive offerings, and strong regulatory frameworks. Choosing between Exness vs FXTM can be challenging, as both cater to diverse trader needs, from beginners to seasoned professionals. This in-depth comparison explores their platforms, fees, account types, trading conditions, and more to help you decide which broker aligns best with your trading goals in 2025.
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Overview of Exness vs FXTM
Exness
Founded in 2008, Exness has grown into one of the largest forex brokers globally, boasting over 300,000 active clients and a trading volume exceeding $2 trillion monthly. Headquartered in Seychelles, Exness is regulated by multiple authorities, including the Financial Services Authority (FSA) of Seychelles, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa. Exness is renowned for its ultra-tight spreads, instant withdrawals, and flexible leverage options, making it a favorite among high-frequency traders and scalpers.
FXTM
Established in 2011, FXTM has quickly risen to prominence, serving over 1 million clients across 150 countries. Regulated by top-tier authorities like the Financial Conduct Authority (FCA) in the UK, CySEC, and FSCA, FXTM is celebrated for its educational resources, user-friendly platforms, and diverse account types. FXTM’s focus on accessibility and comprehensive learning materials makes it particularly appealing to novice traders, while its competitive trading conditions attract professionals.
Regulatory Compliance and Safety
Exness operates under stringent regulations across multiple jurisdictions, ensuring client funds are segregated and protected. Its licenses include:
· FSA (Seychelles): Primary regulator for global operations.
· CySEC (Cyprus): For EU clients, ensuring compliance with MiFID II.
· FSCA (South Africa): For African markets, with additional oversight.
· FCA (UK): For B2B operations, enhancing credibility.
Exness also offers negative balance protection and is audited by Deloitte, reinforcing its trustworthiness. However, South African traders should note that they are onboarded through the Seychelles entity, which may limit dispute resolution options.
FXTM matches Exness in regulatory rigor, holding licenses from:
· FCA (UK): For UK and select international clients.
· CySEC (Cyprus): Ensuring EU compliance.
· FSCA (South Africa): For African operations.
· FSC (Mauritius): For global clients.
FXTM segregates client funds and provides SSL encryption for secure transactions. Unlike Exness, FXTM does not universally offer negative balance protection, which could be a drawback for high-risk traders.
Verdict: Both brokers are highly regulated, but Exness edges out slightly due to its broader regulatory scope and universal negative balance protection.
Trading Platforms
Both brokers support the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their robust charting tools, automated trading capabilities, and Expert Advisors (EAs). However, their proprietary offerings set them apart.
Exness Platforms
· MT4 and MT5: Available on desktop, web, and mobile, with full support for EAs, one-click trading, and advanced analytics.
· Exness Trade App: A powerful mobile app featuring market news, trading signals, price alerts, and margin call notifications. Available on iOS and Android.
· Exness Terminal: A lightweight, web-based platform ideal for beginners, offering integrated 24/7 customer support.
· Social Trading: Exness’s proprietary social trading service allows users to copy strategies from experienced traders.
Exness emphasizes speed and reliability, with minimal latency and fast execution, catering to scalpers and high-frequency traders.
FXTM Platforms
· MT4 and MT5: Available on desktop, web, and mobile, though MT4 has a 60-day limit, and MT5 a 30-day limit for demo accounts.
· FXTM Trader App: A mobile-first platform offering real-time market data, technical analysis, and account management. It’s designed for traders on the go.
· Proprietary Tools: FXTM provides calculators and analytics for trade planning and risk management, enhancing accessibility.
FXTM’s platforms are user-friendly, with a focus on convenience for mobile traders and beginners.
Verdict: Exness offers a broader range of platforms, including its social trading service and Exness Terminal, making it more versatile. FXTM’s proprietary app is excellent but less comprehensive.
Account Types
Exness Account Types
Exness offers five account types tailored to different trading styles:
· Standard Account: No minimum deposit, spreads from 0.3 pips, ideal for beginners.
· Standard Cent Account: Micro-lot trading with spreads from 0.3 pips, perfect for low-risk testing.
· Pro Account: Minimum deposit of $200, spreads from 0.1 pips, designed for experienced traders.
· Raw Spread Account: $200 minimum deposit, spreads from 0.0 pips with a $3.50 commission per lot per side.
· Zero Account: $200 minimum deposit, zero spreads on major pairs with a $0.05 commission per lot per side.
Exness also supports Islamic (swap-free) accounts across all types.
FXTM Account Types
FXTM provides a variety of accounts, including:
· Cent Account: $10 minimum deposit, micro-lot trading, ideal for beginners.
· Standard Account: $100 minimum deposit, spreads from 1.3 pips, suited for intermediate traders.
· ECN Account: $200 minimum deposit, raw spreads from 0.1 pips with commissions.
· ECN Zero Account: $200 minimum deposit, spreads from 1.5 pips with no commissions.
FXTM also offers Islamic accounts and supports micro and cent accounts for low-risk trading.
Verdict: Exness provides more account flexibility with no minimum deposit on the Standard Account and ultra-tight spreads on professional accounts. FXTM’s Cent Account is great for beginners, but its higher minimum deposits on other accounts may deter some traders.
Spreads and Fees
Exness is known for its competitive spreads, particularly on professional accounts:
· Standard Account: Average spreads of 1.0 pips (EUR/USD), 1.2 pips (GBP/USD), and 2.2 pips (USDCAD).
· Raw Spread Account: Spreads from 0.0 pips with a $3.50 commission per lot per side.
· Zero Account: Zero spreads on major pairs with a $0.05 commission per lot per side.
Exness offers commission-free trading on Standard and Standard Cent accounts and does not charge withdrawal or inactivity fees, making it cost-effective.
FXTM also provides competitive pricing:
· Standard Account: Spreads from 1.3 pips (EUR/USD).
· ECN Account: Spreads from 0.1 pips with commissions as low as $0.80 per lot.
· ECN Zero Account: Spreads from 1.5 pips with no commissions.
FXTM charges no deposit or withdrawal fees but imposes an inactivity fee after six months, which could impact dormant accounts.
Verdict: Exness offers tighter spreads and lower overall costs, especially on its Raw Spread and Zero accounts. FXTM’s ECN accounts are competitive, but its Standard Account spreads are higher.
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Trading Instruments
Exness
Exness supports a wide range of instruments:
· Forex: Over 100 currency pairs, including majors, minors, and exotics.
· Cryptocurrencies: 10+ crypto CFDs, including Bitcoin, Ethereum, and Litecoin, available 24/7.
· Metals: Gold, silver, and platinum.
· Commodities: Oil, natural gas, and soft commodities.
· Stocks and Indices: CFDs on global stocks and major indices.
FXTM
FXTM offers a broader instrument portfolio:
· Forex: Over 60 currency pairs.
· Cryptocurrencies: Crypto CFDs, though availability varies by region.
· Metals: Gold, silver, and platinum.
· Commodities: 13 commodities, including oil and natural gas.
· Stocks CFDs: Over 600 stock CFDs.
· Indices: Major global indices.
Verdict: FXTM leads in overall instrument variety, particularly with stock CFDs. Exness excels in forex and cryptocurrency offerings.
Leverage
Exness offers some of the highest leverage in the industry:
· Up to 1:Unlimited for experienced traders (subject to conditions).
· Up to 1:2000 for standard accounts in certain jurisdictions.
· Lower leverage (1:30) under FCA and CySEC for EU/UK clients.
FXTM provides flexible leverage:
· Up to 1:2000 in some jurisdictions.
· Up to 1:30 under FCA and CySEC regulations.
· Dynamic leverage adjusts based on account type and market conditions.
Verdict: Exness’s unlimited leverage is a game-changer for experienced traders, but FXTM’s dynamic leverage offers more control for risk-averse traders.
Deposits and Withdrawals
Exness is renowned for its instant withdrawals:
· Payment Methods: VISA, MasterCard, Bitcoin, Neteller, Skrill, Tether, and local bank transfers.
· Currencies: Supports 40+ currencies, including USD, EUR, and ZAR.
· Fees: No deposit or withdrawal fees.
· Processing Time: Instant for most methods.
FXTM offers a wide range of payment options:
· Payment Methods: Bank wire, VISA, MasterCard, Neteller, Skrill, Bitcoin, and local transfers.
· Currencies: USD, EUR, GBP, and more.
· Fees: No deposit or withdrawal fees, but third-party charges may apply.
· Processing Time: Up to 24 hours for withdrawals.
Verdict: Exness’s instant withdrawals give it a clear advantage, especially for traders needing quick access to funds.
Educational Resources
Exness provides:
· Exness Academy: Basic tutorials, market news, and analysis.
· Webinars: Regular sessions on trading strategies.
· Market Insights: Daily updates and technical analysis.
FXTM excels in education:
· ForexTime Academy: Comprehensive courses, webinars, eBooks, and video tutorials.
· Market Analysis: In-depth reports and trading signals.
· Events: Global workshops and seminars.
Verdict: FXTM is the clear winner for educational resources, making it ideal for beginners.
Customer Support
Exness offers 24/7 support via:
· Live chat, email, and phone.
· Multilingual support in 15+ languages.
· Fast response times, often within minutes.
FXTM provides 24/5 support:
· Live chat, email, and phone.
· Multilingual support.
· Responsive but limited to trading hours.
Verdict: Exness’s 24/7 support is more accessible, especially for traders in different time zones.
Unique Features
Exness:
· Instant Withdrawals: A standout feature for liquidity.
· Social Trading: Copy trading for passive income.
· Unlimited Leverage: High-risk, high-reward opportunities.
FXTM:
· Educational Focus: Extensive learning resources.
· FXTM Trader App: Streamlined mobile trading.
· Thematic Stock Baskets: For long-term investors.
Pros and Cons
Exness
Pros:
· Ultra-tight spreads and low commissions.
· Instant withdrawals with no fees.
· Unlimited leverage for experienced traders.
· Diverse platforms, including social trading.
· 24/7 customer support.
Cons:
· Limited educational resources compared to FXTM.
· Seychelles entity for South African traders may reduce dispute protection.
FXTM
Pros:
· Comprehensive educational resources.
· Wide range of trading instruments.
· Flexible account types, including Cent Account.
· Competitive ECN account pricing.
· User-friendly mobile app.
Cons:
· Higher spreads on Standard Account.
· No 24/7 support.
· Inactivity fees after six months.
Which Broker Should You Choose?
Choosing between Exness vs FXTM depends on your trading experience, goals, and priorities:
· Choose Exness if:
· You prioritize low costs and tight spreads.
· Instant withdrawals are crucial.
· You’re an experienced trader seeking high leverage.
· You value advanced platforms and social trading.
· Choose FXTM if:
· You’re a beginner needing extensive educational resources.
· You prefer a wide range of trading instruments, especially stock CFDs.
· You want a user-friendly mobile trading experience.
· You’re comfortable with slightly higher spreads for robust support.
Conclusion
Exness vs FXTM are both exceptional brokers with unique strengths. Exness stands out for its cost-effective trading conditions, instant withdrawals, and unlimited leverage, making it ideal for experienced traders and scalpers. FXTM shines with its educational resources, diverse instruments, and beginner-friendly accounts, catering to those new to forex trading. By assessing your trading style, budget, and long-term goals, you can confidently choose the broker that best suits your needs in 2025.
💥 Note: To enjoy the benefits of the partner code, such as trading fee rebates, you need to register with Exness through this link: Open An Account or Visit Brokers 🏆
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