Exness vs XM
This broker comparison between Exness and XM highlights regulation and safety, fees and trading conditions, platforms and tools, market coverage, and deposit/withdrawal methods, bringing the key facts together in one place so you can quickly determine which broker better suits your trading style and goals.
Who is Exness?
Exness is an internationally established multi-asset broker that has been active since 2008 and is noted for some of the highest trading volumes in the forex industry. The broker is known for its ultra-tight spreads, fast order execution, and flexible account types. The official website of Exness is www.exness.com.
The minimum deposit required to start trading with Exness is $10.
Who is XM?
XM is a well-established global forex and CFD broker founded in 2009, with a strong presence in many regions worldwide and millions of clients across over 190 countries. The broker is highly regarded for its client-focused approach and transparent trading conditions. The official website of XM is www.xm.com.
The minimum deposit required to start trading with XM is $5.
Exness vs XM Side-by-Side Comparison
Exness, founded in 2008, operates under the regulation of the FSCA (South Africa), FSA (Seychelles), FSC (British Virgin Islands), CBCS (Curaçao), CMA (Kenya), JSC (Jordan), CySEC (Cyprus) and FCA (United Kingdom) and maintains local offices in Limassol, London, Cape Town, Amman, Providence, Willemstad and Road Town. There are various trading platforms available to use on Exness, including MT4, MT5 and Exness terminal.
The minimum deposit required to open an account on Exness is $10. Further, Exness supports a broad range of base currencies, which include AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MBT*, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF and ZAR. The broker uses a hybrid model (A+B Book) and supports various funding methods, such as bank transfers, credit and debit cards, e-wallets, mobile money and crypto.
In contrast, XM, launched in 2009, is regulated by the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius). The broker operates local offices in Limassol, Athens, Dubai and Cape Town. Traders can use a variety of trading platforms, including MT4, MT5 and XM App.
XM requires a low minimum deposit of $5 and supports USD, EUR, JPY, GBP, AUD, CHF, ZAR, HUF, SGD and PLN as the base account currencies. XM uses a B-Book (market maker) execution model and supports a variety of payment options, including credit and debit cards, international wire transfers, local transfers and e-wallets (Skrill, Neteller, etc.).
Exness vs XM Market Instruments
Exness offers a total of 200+ trading instruments across various global markets, which include CFDs on forex, stocks, indices, commodities and cryptocurrencies. Its offering comprises 96 forex pairs, 90 stocks, 10 indices, 18 commodities, and 10 crypto pairs.
XM provides 1,400+ market products and covers CFDs on forex, stocks, equity indices, themathic indices, commodities and cryptocurrencies, featuring 40+ forex pairs, 1,000+ stocks, 20+ indices, 30+ commodities, and 10+ crypto pairs (crypto pairs are not available in EEA).
Exness vs XM Account Types
Exness vs XM Spreads Comparison
The spreads shown below are those of the standard accounts at Exness and XM. Actual spreads can change with account type, liquidity, and market volatility. Always verify the latest data on each broker's website.
Minimum spreads on major forex pairs favor Exness in this comparison: EUR/USD spreads start from 0.2 pips on Exness versus 1.6 pips on XM, GBP/USD from 0.2 pips versus 1.8 pips, USD/CAD from 0.2 pips versus 2.3 pips, and CAD/JPY from 0.2 pips versus 3.4 pips. For other markets, XM lists minimum spreads of $0.3 on XAU/USD (Gold), $0.03 on WTI Crude Oil, and $60 on Bitcoin, while Exness does not provide data about the minimum spreads for these assets.
Looking at average spreads, Exness again shows tighter pricing: EUR/USD averages 0.9 pips compared with XM at 2.0 pips, and GBP/USD averages 1.1 pips versus 2.4 pips. For XAU/USD (Gold), the average spread is $0.16 at Exness and $0.45 at XM.
Exness vs XM Minimum Spreads Comparison
Exness vs XM Average Spreads Comparison
Costs on Raw/Zero Spread Account
Both Exness and XM provide raw/zero spread accounts, where commissions make up most of the trading cost because quoted spreads can be close to zero. This setup helps active traders focus on predictable per-lot fees. Please note, however, that the XM zero spread account is only available to EEA clients.
Exness offers its Raw Spread account which features a minimum spread of 0.0 pips plus a commission of up to $3.50 per side per lot. On the other hand, XM offers its Zero account with a minimum spread of 0.0 pips and a commission of $3.5 per side per lot. Because spreads vary with market volatility and liquidity, check each broker’s website for the latest pricing before trading.
Other Features
Exness vs XM: Wrapping Up the Comparison
Exness and XM are both well-regulated global brokers, founded in 2008 and 2009 respectively. Exness is regulated by the FSCA (South Africa), FSA (Seychelles), FSC (British Virgin Islands), CBCS (Curaçao), CMA (Kenya), JSC (Jordan), CySEC (Cyprus) and FCA (United Kingdom), while XM is authorized by the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius).
Exness offers MT4, MT5 and Exness terminal, a minimum deposit of $10, and supports copy trading. It provides a Standard account alongside Standard Cent, Pro, Raw Spread, and Zero Spread choices. Exness also provides a demo environment and an Islamic (swap-free) option. The available product range at Exness spans 200+ instruments.
In contrast, XM provides MT4, MT5 and XM App, a minimum deposit of $5, and also supports copy trading (outside EEA). The broker offers various trading accounts, including Standard, Ultra-low, and Zero Spread (available only in EEA) accounts. XM also provides a demo account and an Islamic (swap-free) option. XM's range of market products reaches 1,400+ instruments.
On pricing, Exness offers minimum EUR/USD spreads from 0.2 pips and average spreads around 0.9 pips. In contrast, XM features a minimum EUR/USD spread of 1.6 pips and average spreads near 2.0 pips.
In short, Exness appeals to cost-focused traders who want tighter spreads and diverse account formats, while XM stands out for a significantly broader instrument selection and a lower minimum deposit.
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