Compare FOREX.com and Exness for their trading platforms, fees, leverage, and market access to find the best fit for your forex trading style and experience.
FOREX.com vs Exness: Overview and Key Differences
FOREX.com and Exness are two prominent forex brokers offering distinct features to cater to different types of traders. FOREX.com is known for its advanced trading platforms, comprehensive regulatory oversight, and competitive pricing, making it ideal for retail and professional traders alike. Exness, on the other hand, is widely regarded for its ultra-low spreads, high leverage options, and fast execution speeds, attracting experienced and high-frequency traders. This comparison will explore the key differences between FOREX.com and Exness in terms of trading platforms, pricing, market access, and more, helping you decide which broker aligns best with your trading style.
FOREX.com vs Exness: Trading Platforms Comparison
Both brokers offer powerful trading platforms, but they are designed with different user bases in mind. FOREX.com provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with its proprietary Advanced Trading platform. MetaTrader is known for its robust charting, automated trading features through Expert Advisors (EAs), and ease of use, while FOREX.com’s Advanced Trading platform is geared toward experienced traders who need fast execution and advanced tools.
Exness also supports MetaTrader 4 and MetaTrader 5, making it easy for traders familiar with these platforms to transition. Exness is particularly popular for its fast execution speeds and customizable platform features. For high-frequency traders, Exness’ focus on speed and precision offers a significant advantage. Both brokers provide strong platform options, but FOREX.com’s proprietary platform may appeal to those looking for additional features, while Exness focuses more on providing a seamless MetaTrader experience.
FOREX.com vs Exness: Account Types and Minimum Deposit
FOREX.com offers several account types to suit different trading styles, including Standard, Commission, and Direct Market Access (DMA) accounts. The Standard account is spread-only, while the Commission account provides lower spreads in exchange for a small per-trade commission. The DMA account is designed for professional traders, offering access to raw spreads and liquidity providers. FOREX.com’s minimum deposit requirement is $100, making it accessible to most traders.
Exness offers a broader range of account types, including Standard, Raw Spread, Zero, and Pro accounts, each with different minimum deposit requirements. The Standard account has no minimum deposit, making it suitable for beginners, while Raw Spread and Zero accounts are designed for more experienced traders who prioritize tight spreads. Exness’ flexibility with account types and its low entry barriers make it a popular choice for traders of all levels.
FOREX.com vs Exness: Fees and Commissions Comparison
FOREX.com offers competitive spreads and flexible pricing structures. Its Standard account is spread-only, meaning no commissions are charged on trades. Traders who opt for the Commission account enjoy lower spreads with a small fixed commission per trade. The DMA account provides raw spreads, which can be significantly tighter, but also involves a commission per trade. FOREX.com’s pricing is highly competitive, especially for high-volume traders using the DMA account.
Exness is renowned for its ultra-low spreads, especially on its Raw Spread and Zero accounts, where spreads can start from 0 pips. While Exness charges commissions on these accounts, the overall trading costs are often lower than those of many other brokers, making it attractive to scalpers and high-frequency traders. For Standard account users, Exness operates a spread-only model similar to FOREX.com, but with generally tighter spreads. Exness stands out for its low-cost trading, especially for active traders who need minimal trading fees.
FOREX.com vs Exness: Leverage and Margin Requirements
Leverage is an important factor in forex trading, and both brokers offer different leverage structures. FOREX.com offers up to 30:1 leverage for retail traders in Europe and 50:1 leverage for U.S.-based traders, adhering to strict regulatory guidelines. Leverage outside of these regions can be higher, but FOREX.com takes a conservative approach to risk management, limiting excessive leverage to protect traders from significant losses.
Exness is known for offering some of the highest leverage options in the industry, with leverage of up to 2000:1 or even unlimited in certain regions, depending on the account type and market conditions. This makes Exness particularly appealing to experienced traders who are comfortable with the risks associated with high leverage. While FOREX.com focuses on providing stable, regulated leverage, Exness caters to traders looking for aggressive leverage strategies.
FOREX.com vs Exness: Market Access and Tradable Instruments
FOREX.com offers access to over 80 currency pairs, commodities, indices, stocks, and cryptocurrencies via CFDs. It caters to a wide range of traders, from those focused on forex to those looking to diversify into other asset classes. In addition to CFDs, FOREX.com also offers futures trading for clients in certain regions, making it a versatile platform for traders seeking a variety of instruments.
Exness also provides a broad range of tradable assets, including forex, commodities, indices, and cryptocurrencies. However, Exness places a stronger focus on forex trading, with competitive spreads and high leverage on currency pairs. While both brokers offer similar markets, Exness is particularly favored by forex traders due to its lower spreads and high leverage, while FOREX.com provides more comprehensive access to other asset classes like stocks and futures.
FOREX.com vs Exness: Regulation and Security
Both brokers are highly regulated, ensuring a safe and secure trading environment for clients. FOREX.com is regulated by several top-tier authorities, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the U.S., and the Australian Securities and Investments Commission (ASIC). This strong regulatory framework guarantees high levels of client protection and transparency.
Exness is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Seychelles Financial Services Authority (FSA), among others. Exness also offers negative balance protection, ensuring that traders cannot lose more than their account balance. Both brokers provide a secure trading environment, but FOREX.com’s global regulatory presence may give it an edge for traders looking for the highest levels of protection.
FOREX.com vs Exness: Educational Resources and Tools
FOREX.com offers a comprehensive range of educational resources to help traders improve their skills. The broker provides webinars, tutorials, trading guides, and market analysis reports. Its Trading Academy offers structured courses for traders of all levels, making it a great choice for beginners looking to build their knowledge base, as well as for experienced traders seeking to refine their strategies.
Exness also provides educational resources, but they are more focused on supporting experienced traders. While the broker offers basic educational content, including tutorials and articles, its focus is more on providing tools and resources for traders who already have a solid understanding of the markets. For traders looking to improve their knowledge, FOREX.com’s educational resources are more comprehensive, while Exness is better suited for those who already have experience.
FOREX.com vs Exness: Customer Support and Service
FOREX.com offers 24/5 customer support via phone, email, and live chat. The broker’s customer service team is responsive and well-regarded for providing quick assistance with account setup, platform issues, and trading inquiries. FOREX.com also has an extensive FAQ section and help center to address common questions and problems.
Exness provides 24/7 customer support, including weekends, making it highly accessible for traders who need assistance outside of regular market hours. Exness offers support in multiple languages and provides live chat, email, and phone support. Both brokers offer strong customer service, but Exness’ 24/7 support makes it particularly convenient for traders who require help at any time, regardless of market hours.
FOREX.com vs Exness: VIP and Professional Client Offerings
FOREX.com offers professional accounts for traders who qualify, providing access to higher leverage, tighter spreads, and dedicated account management. The broker’s Direct Market Access (DMA) account is particularly attractive to professional and institutional traders who require access to liquidity providers and need transparent, competitive pricing on high-volume trades.
Exness also caters to professional and high-volume traders with its Raw Spread and Zero accounts, which offer ultra-tight spreads and lower trading costs. Exness provides dedicated account managers and additional perks for VIP clients, including faster withdrawal processing and personalized trading conditions. Both brokers offer strong VIP services, but Exness’ focus on low-cost, high-leverage trading makes it an appealing option for active professional traders.
FOREX.com vs Exness: Mobile Trading Platforms
Both FOREX.com and Exness offer robust mobile trading platforms, allowing traders to manage their accounts and execute trades on the go. FOREX.com provides a feature-rich mobile app compatible with iOS and Android, mirroring its desktop platform’s functionalities. Traders can access advanced charting, real-time price alerts, and full account management from their mobile devices.
Exness also offers a highly intuitive mobile app that provides fast execution and easy navigation. Traders using the Exness app can access real-time price data, market news, and trading signals, making it ideal for high-frequency traders. While both brokers provide strong mobile experiences, FOREX.com’s platform is more advanced for traders needing detailed technical analysis on mobile, while Exness focuses on simplicity and speed.
FOREX.com vs Exness: Copy Trading and Social Trading
Exness offers copy trading features through its Exness Social Trading app, where traders can follow and copy the strategies of more experienced traders. This feature is particularly appealing for beginners who want to mirror the success of professional traders without needing in-depth market knowledge. Exness makes the process seamless, and users can browse trader profiles and review performance before selecting whom to copy.
FOREX.com does not offer native social or copy trading features, though traders can access third-party platforms like ZuluTrade for social trading. While this provides flexibility, it’s not as integrated or user-friendly as Exness’s in-house solution. For traders interested in social and copy trading, Exness provides a more comprehensive and streamlined option.
FOREX.com vs Exness: Trading for Beginners
FOREX.com is well-suited for beginner traders due to its educational resources, including webinars, tutorials, and market analysis. The broker’s Trading Academy offers structured courses to guide traders through the basics of forex trading, risk management, and strategy development. With a user-friendly platform and access to demo accounts, FOREX.com is a solid choice for those just starting out.
Exness is also beginner-friendly, particularly with its Standard and Standard Cent accounts, which have no minimum deposit requirements. Exness provides basic educational content and a demo account, making it accessible for traders new to the markets. While both brokers cater to beginners, FOREX.com offers more in-depth educational resources, whereas Exness focuses on low-cost entry and simple account structures.
FOREX.com vs Exness: Scalping and Day Trading
Exness is highly regarded among scalpers and day traders for its low-cost trading environment. The Raw Spread and Zero accounts offer ultra-tight spreads, starting from 0 pips, combined with high leverage options, making it a popular choice for traders who need precise execution and minimal slippage. Exness also allows for rapid execution of trades, which is essential for short-term traders.
FOREX.com also supports scalping and day trading strategies, particularly through its Direct Market Access (DMA) account, which offers direct access to liquidity providers. The DMA account provides tighter spreads and faster execution speeds, making it suitable for high-frequency traders. However, Exness’s overall lower trading costs and faster execution may give it an edge for traders who prioritize short-term strategies.
FOREX.com vs Exness: Cryptocurrency Trading Comparison
Both FOREX.com and Exness offer cryptocurrency trading via CFDs, but their offerings differ in scope and flexibility. FOREX.com allows traders to trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin with competitive spreads. However, its leverage on cryptocurrencies is limited due to the volatility of the market, which provides a more conservative approach to crypto trading.
Exness, on the other hand, offers a broader selection of cryptocurrencies with higher leverage, depending on the region. Traders can speculate on the price movements of major cryptos with tight spreads and flexible leverage options, making Exness an appealing choice for more aggressive crypto traders. For those looking for a wider variety of digital assets and higher leverage, Exness stands out as the better choice.
FOREX.com vs Exness: Risk Management Tools
Both brokers offer essential risk management tools to help traders control their positions and minimize losses. FOREX.com provides stop-loss, take-profit, and trailing stop orders, along with margin call alerts to ensure traders are aware of their account status. These tools are accessible across all platforms, including the mobile app.
Exness offers similar risk management features, including stop-loss and take-profit orders. One key advantage Exness provides is negative balance protection, ensuring that traders cannot lose more than their account balance, especially when using high leverage. While both brokers provide solid risk management options, Exness’s focus on high leverage makes its negative balance protection particularly valuable for risk-conscious traders.
FOREX.com vs Exness: Demo Accounts and Practice Trading
FOREX.com offers a demo account that mirrors real-time market conditions, allowing traders to practice and familiarize themselves with the platform. This account is ideal for beginners looking to test trading strategies without risking real money. The demo account provides unlimited access, giving traders ample time to build confidence before switching to live trading.
Exness also offers a demo account with access to its full range of features. Traders can practice with virtual funds and experiment with different account types, including Standard, Raw Spread, and Zero accounts. Exness’s demo account is particularly helpful for traders testing high-leverage strategies. Both brokers provide excellent demo accounts, but FOREX.com’s unlimited demo access may appeal more to beginners who need extended practice.
FOREX.com vs Exness: Order Execution Speed and Slippage
Order execution speed is crucial for traders, particularly those using scalping and day trading strategies. FOREX.com offers fast execution with minimal slippage, especially for DMA account holders who gain direct access to liquidity providers. This makes FOREX.com a solid choice for traders who require quick trade placement.
Exness is known for its ultra-fast execution speeds, which are particularly beneficial for high-frequency traders. The broker’s advanced order execution system ensures that trades are executed quickly, reducing the risk of slippage. For traders who prioritize execution speed, especially in volatile markets, Exness’s focus on fast execution gives it an edge over FOREX.com.
FOREX.com vs Exness: Deposit and Withdrawal Methods
FOREX.com provides several deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets such as PayPal. Withdrawals are processed within 1-3 business days, and most deposit methods are free of charge, though third-party fees may apply for certain transactions.
Exness offers a wide range of payment options, including bank transfers, credit/debit cards, Skrill, Neteller, and Bitcoin. Exness is known for its fast withdrawal processing, with many e-wallet transactions being completed within a few hours. For traders who prioritize quick access to funds, Exness’s faster withdrawal times, especially via e-wallets, may be more appealing.
FOREX.com vs Exness: Trading Bonuses and Promotions
FOREX.com typically does not offer trading bonuses or promotions, as it operates in regions with strict regulations that limit such incentives. Instead, the broker focuses on providing competitive pricing, quality service, and a strong regulatory framework to attract and retain clients.
Exness occasionally offers promotions and bonuses to traders, especially in regions where regulations allow it. These bonuses may include deposit bonuses or trading credits, helping traders to maximize their initial investment. For traders seeking brokers that offer promotional incentives, Exness may provide an additional edge, depending on the region.
FOREX.com vs Exness: Partnership and Affiliate Programs
FOREX.com offers a partnership and affiliate program where partners can earn commissions by referring new clients. The broker provides competitive commissions, marketing materials, and support to help affiliates grow their business. FOREX.com’s affiliate program is ideal for individuals or businesses looking to promote a well-established broker.
Exness also offers an attractive affiliate program, with high payouts and a range of marketing tools to help partners refer clients. Exness’s affiliate program is known for its transparency and flexibility, making it a strong choice for those seeking to build a profitable partnership with a broker. Both brokers offer solid affiliate programs, but Exness’s higher payouts may appeal more to those focused on maximizing earnings.
FOREX.com vs Exness: Conclusion
Both FOREX.com and Exness are excellent brokers, but they cater to different types of traders. FOREX.com is well-suited for traders who seek a regulated and comprehensive trading environment, with access to a wide range of markets, advanced platforms, and educational resources. It is ideal for traders who want a balanced offering with a focus on security and versatility.
Exness, on the other hand, is better suited for experienced and high-frequency traders who prioritize low trading costs, high leverage, and fast execution. With its ultra-tight spreads, high leverage options, and 24/7 customer support, Exness is designed for traders who are comfortable with more aggressive trading strategies and are looking for the lowest possible trading costs. Exness also stands out for its accessibility, offering a variety of account types with no minimum deposit requirements for standard accounts, making it attractive to both beginners and seasoned traders alike.
In conclusion, FOREX.com is the better option for traders seeking a regulated, well-rounded broker with access to multiple asset classes, professional-grade tools, and strong educational support. On the other hand, Exness is ideal for traders focused on forex and high-leverage trading, particularly those who are cost-sensitive and prefer fast execution. The choice between FOREX.com and Exness ultimately depends on your trading preferences, experience level, and the importance you place on features such as spreads, leverage, and regulatory oversight.
Published by:
Daniel Carter