Choosing the right forex broker is crucial for traders. Two popular options are XM and Exness. Both offer strong trading conditions, but they have key differences.
In this XM vs Exness comparison, we’ll look at fees, platforms, regulations, and more to help you decide which broker suits your needs.
1. Regulation & Safety
XM
- Regulated by CySEC (Cyprus), ASIC (Australia), FSC (Belize), and DFSA (Dubai).
- Offers negative balance protection for retail traders.
- Strong reputation since 2009.
Exness
- Regulated by CySEC (Cyprus), FCA (UK), FSCA (South Africa), and FSA (Seychelles).
- Also provides negative balance protection.
- Known for fast withdrawals.
Winner: Both are well-regulated, but Exness has a slight edge with FCA regulation.
2. Trading Platforms
XM
- Supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- Offers XM WebTrader for browser-based trading.
- Mobile apps available for iOS and Android.
Exness
- Also offers MT4 and MT5.
- Has a custom Exness Terminal (web-based).
- Mobile trading is smooth and user-friendly.
Winner: Both offer MT4/MT5, but Exness has a more modern web platform.
3. Account Types & Spreads
XM
- Micro, Standard, XM Zero, and Shares Accounts.
- Spreads start from 0.6 pips (Standard), 0 pips (XM Zero with commission).
- No withdrawal fees.
Exness
- Standard, Pro, Raw Spread, and Zero Accounts.
- Spreads from 0.3 pips (Standard), 0 pips (Raw Spread with commission).
- Instant withdrawals with no fees.
Winner: Exness has tighter spreads and faster withdrawals.
4. Deposits & Withdrawals
XM
- Supports bank transfer, credit/debit cards, e-wallets (Skrill, Neteller).
- Withdrawals take 1-5 business days.
Exness
- Accepts bank transfers, cards, Bitcoin, Perfect Money, and more.
- Instant withdrawals (within seconds for e-wallets).
Winner: Exness is faster for withdrawals.
5. Leverage
XM
- Up to 1:1000 (for non-EU clients).
- EU clients get 1:30 (due to regulations).
Exness
- Up to 1:Unlimited (for certain accounts).
- EU clients also limited to 1:30.
Winner: Exness offers higher leverage for professional traders.
6. Bonuses & Promotions
XM
- Welcome bonus (up to $30 for new traders).
- Deposit bonuses (up to 50%).
Exness
- No deposit bonuses.
- Focuses on cashback and trading rewards.
Winner: XM is better for bonuses.
7. Customer Support
XM
- 24/5 live chat, email, and phone support.
- Available in 30+ languages.
Exness
- 24/7 live chat and email support.
- Quick response times.
Winner: Exness has 24/7 support.
Final Verdict: XM vs Exness – Which is Better?
- Choose XM if: You want bonuses, multiple account options, and strong regulation.
- Choose Exness if: You prefer tight spreads, instant withdrawals, and high leverage.
Both brokers are reliable, but Exness is better for fast execution and withdrawals, while XM is great for beginners with bonuses.
