Exness vs FXTM

Exness and FXTM are two popular forex brokers offering a wide range of services to traders worldwide, but they differ in several key aspects. Both platforms provide competitive spreads, diverse account types, and access to advanced trading tools. Exness is known for its low minimum deposit requirements, tight spreads, and high leverage options, making it ideal for traders seeking flexibility and low-cost entry. On the other hand, FXTM is praised for its educational resources and customer support, making it an excellent choice for beginners. When deciding between Exness and FXTM, it’s essential to consider factors such as account types, trading costs, and available educational tools to find the best fit for your trading style.

Exness Core Strengths and Market Focus

Exness, founded in 2008, is known for tight spreads, instant withdrawals, and high liquidity, handling over $2 trillion in monthly trading volume. It targets traders seeking low costs and fast execution, offering over 100 currency pairs and cryptocurrency CFDs. Its proprietary Exness Terminal and MetaTrader platforms suit both beginners and experts. Use Exness’s demo account to test its low spreads and execution speed before trading live.

FXTM Key Features and Competitive Advantages

FXTM, launched in 2011, offers flexible account types, strong education, and fast trade execution. Its strengths include:

• Low-cost ECN accounts with spreads from 0.0 pips.
• Extensive learning resources, including webinars and tutorials.
• Support for MT4, MT5, and the FXTM Trader app.

FXTM’s focus on beginner-friendly tools and diverse instruments appeals to new traders. Explore FXTM’s free webinars to learn trading basics and test strategies on a demo account.

Detailed Comparison

Account Types & Minimum Deposits

Exness offers five account types, while FXTM provides three, each with different deposit requirements. Here’s a breakdown:

1. Exness Standard: $10 minimum, ideal for beginners.
2. Exness Pro/Raw Spread/Zero: $200 minimum, for advanced traders.
3. FXTM Standard: $100 minimum, suits new traders.
4. FXTM Cent: $10 minimum, for small trades.
5. FXTM Advantage: $500 minimum, for low-spread trading.

Exness’s lower entry point suits budget-conscious traders, while FXTM’s Cent account is great for micro-trading. Start with a low-deposit account to test the platform before committing more funds.

Trading Costs: Spreads, Commissions, and Overall Value

Exness offers spreads from 0.3 pips on Standard accounts and 0.0 pips on Raw Spread/Zero accounts, with commissions of $3.5 per lot/side on Raw Spread. FXTM’s spreads start at 2.1 pips on Standard accounts and 0.0 pips on Advantage accounts, with commissions from $0.80 per lot. Exness is cheaper for commission-free trading, but FXTM’s low commissions appeal to high-volume traders. Use a demo account to compare spreads on major pairs like EUR/USD during volatile market hours.

Trading Platforms

Exness and FXTM support MetaTrader 4 and 5, but Exness adds its user-friendly Exness Terminal and Trade App. FXTM offers the FXTM Trader app for mobile trading.

Exness’s platforms are more flexible, while FXTM’s app suits on-the-go traders. Test MT4 on both brokers to compare execution speed and charting tools.

Leverage & Margin Policies

Exness offers leverage up to 1:2000, higher than FXTM’s maximum of 1:1000, but both vary by region and account type. Exness’s unlimited leverage option suits experienced traders, while FXTM’s fixed leverage provides stability. High leverage increases risk, so use stop-loss orders. Test leverage settings on a demo account to understand margin calls before trading live.

Instrument Range

Exness provides over 200 instruments, while FXTM offers over 1,000, including stocks and spread betting (UK only). Key instruments include:

• Exness: 100+ forex pairs, crypto CFDs, metals, indices, stocks.
• FXTM: 60+ forex pairs, 600+ stock CFDs, crypto, commodities, indices.

FXTM’s broader range suits diversified portfolios, while Exness excels in forex and crypto. Trade major pairs like EUR/USD on both platforms’ demo accounts to compare liquidity and spreads.

Copy Trading & Investment Programs (FXTM Invest)

FXTM’s Invest program lets you copy experienced traders, while Exness offers social trading via its platform. Key features:

FXTM’s lower entry point suits beginners, while Exness offers more strategy options. Test copy trading on both demo accounts to compare returns and risk.

Real Trader Feedback

Traders share mixed experiences with both brokers. Here’s real feedback:

• John M., Exness User: “Tight spreads and instant withdrawals are great, but I wish they had more beginner guides.”
• Aisha K., FXTM User: “The education resources helped me start, but spreads on Standard accounts are a bit high.”
• Mark T., Exness User: “Fast execution and high leverage make Exness my go-to for forex trading.”

Check forums like Reddit for more reviews, but verify accounts to avoid withdrawal issues. Join trading communities to learn from real user experiences before choosing a broker.

Which Broker Best?

Exness is ideal for traders prioritizing low spreads, high leverage, and fast withdrawals. Its 100+ forex pairs, crypto CFDs, and 24/7 support make it perfect for active traders, especially in Asia with local payment options like VND. However, its educational resources are less robust for beginners. Use Exness demo account to test its low-cost trading and proprietary platforms if you’re an experienced trader.

FXTM suits beginners and diversified traders with its extensive education, 1,000+ instruments, and low-cost ECN accounts. Its ForexTime Academy and FXTM Invest appeal to new traders, but higher spreads on Standard accounts and limited platform options may deter pros. Start with FXTM’s Cent account and free webinars if you’re new to forex trading.