Compare Exness vs FXTM
What is Exness? What is FXTM?
- Exness: Exness is an online forex and CFD broker that was founded in 2008. It provides trading services to clients worldwide and offers a range of financial instruments, including forex, commodities, indices, cryptocurrencies, and more. Exness is known for its tight spreads, fast execution, and a user-friendly trading environment.
- FXTM (ForexTime): FXTM is another online forex and CFD broker established in 2011. It operates globally and offers a variety of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies. FXTM aims to provide competitive trading conditions, innovative tools, and educational resources to its clients.
Exness vs FXTM Overall Comparison
When comparing Exness and FXTM overall, both brokers are well-established and reputable in the industry. They offer a wide range of trading instruments and strive to provide a user-friendly trading experience. However, there are differences in their offerings and services, which we will explore in the following comparisons.
Exness vs FXTM Regulation Comparison
- Exness: Exness is regulated by multiple reputable financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. It also operates under the International Financial Services Commission (IFSC) in Belize.
- FXTM: FXTM is regulated by various regulatory bodies, including the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa. It also holds licenses from other jurisdictions, such as the Financial Services Commission of Mauritius (FSC) and the Financial Services Authority (FSA) in the Seychelles.
Both brokers have obtained licenses from reputable regulatory authorities, which ensures a certain level of client protection and adherence to regulatory standards.
Exness vs FXTM Trading Assets Comparison
- Exness: Exness provides a broad range of trading assets, including over 120 currency pairs, commodities, indices, cryptocurrencies, and more. It offers a diverse selection of financial instruments for traders to choose from.
- FXTM: FXTM also offers a wide range of trading assets, including major, minor, and exotic currency pairs, commodities, indices, shares, and cryptocurrencies. It provides a comprehensive selection of instruments to cater to different trading strategies.
Both brokers offer a variety of trading assets, but the specific instruments available may differ slightly. It’s recommended to review their respective websites for the most up-to-date information on available trading assets.
Exness vs FXTM Trading Fees Comparison
- Exness: Exness operates with a spread-based fee model, where clients pay the difference between the bid and ask price (spread) for each trade. The spreads offered by Exness are generally competitive and vary depending on the account type and trading instrument.
- FXTM: FXTM also employs a spread-based fee structure, where clients pay the spread for each trade. The spreads offered by FXTM are competitive, and they may vary based on the account type and market conditions.
Both brokers offer competitive spreads, but it’s important to note that spreads can fluctuate based on market conditions and liquidity.
Exness vs FXTM Account Types Comparison
- Exness: Exness provides various account types tailored to different trading needs. These include the Cent, Mini, Classic, ECN, and Pro accounts. Each account type has specific features, such as minimum deposit requirements, leverage options, and spread types.
- FXTM: FXTM offers different account types, including the Standard, Cent, Shares, ECN, ECN Zero, and FXTM Pro accounts. Each account type has distinct features, such as minimum deposit requirements, leverage options, and commission structures.
Both brokers offer multiple account types to accommodate different trading preferences, with varying features and conditions.
Exness vs FXTM Trading Conditions Comparison
- Exness: Exness provides competitive trading conditions, including tight spreads, fast execution, and no requotes. It offers flexible leverage options, which can vary based on the account type and trading instrument.
- FXTM: FXTM also strives to offer competitive trading conditions. It provides tight spreads, fast execution, and no requotes. Leverage options are available and depend on the account type and trading instrument.
Both brokers aim to provide favorable trading conditions, but it’s essential to review the specifics of each account type for a more accurate understanding of their offerings.
Exness vs FXTM Deposit Options Comparison
- Exness: Exness offers a variety of deposit and withdrawal options, including bank transfers, credit/debit cards, and various online payment systems like Neteller, Skrill, and WebMoney. The availability of specific payment methods may depend on the client’s country of residence.
- FXTM: FXTM supports multiple deposit and withdrawal methods, such as bank transfers, credit/debit cards, and popular e-wallets like Neteller, Skrill, and Alipay. The availability of payment options may vary depending on the client’s location.
Both brokers offer a range of deposit and withdrawal options to cater to clients globally. It’s advisable to check their websites for the specific payment methods available in your region.
Exness vs FXTM Trading Platforms Comparison
- Exness: Exness provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized and acclaimed in the industry. These platforms are available for desktop, web, and mobile devices, offering comprehensive charting tools, technical indicators, and automated trading capabilities.
- FXTM: FXTM also offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are highly regarded and provide advanced charting features, extensive technical analysis tools, and the ability to use expert advisors for automated trading.
Both brokers offer the popular MT4 and MT5 platforms, known for their versatility and user-friendly interfaces. Traders can choose the platform that best suits their needs and preferences.
Exness vs FXTM Analytical Tools Comparison
- Exness: Exness provides various analytical tools, including economic calendars, market news, and real-time market analysis. These tools help traders stay informed about market events and make more informed trading decisions.
- FXTM: FXTM also offers a range of analytical tools, such as an economic calendar, market analysis, and educational resources. These tools are designed to assist traders in analyzing market trends and enhancing their trading strategies.
Both brokers provide essential analytical tools to support traders in their decision-making process. The availability and depth of these tools may vary, so it’s worth exploring each broker’s offerings to determine which suits your needs better.
Exness vs FXTM Educational Resources Comparison
- Exness: Exness offers educational resources, including video tutorials, trading guides, and articles covering various trading topics. It aims to provide traders with the knowledge and skills necessary to improve their trading abilities.
- FXTM: FXTM places emphasis on educational resources and provides a wide range of materials, including webinars, seminars, educational videos, e-books, and articles. These resources are designed to help traders of all skill levels enhance their trading knowledge.
Both brokers offer educational resources to support their clients’ trading education. The depth and variety of educational materials may differ, so it’s beneficial to explore each broker’s educational offerings to determine which aligns better with your learning preferences.
Which offers better pricing – Exness or FXTM
The pricing offered by Exness and FXTM can vary depending on market conditions, account types, and trading instruments. Both brokers aim to provide competitive pricing to their clients. It’s recommended to compare the spreads and trading conditions of specific instruments and account types offered by each broker at the time of trading to determine which one may offer better pricing for your trading needs.
Which broker offers more security when trading Forex and CFDs?
Both Exness and FXTM are regulated by reputable financial authorities, which adds a layer of security when trading Forex and CFDs.
Exness is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, among others.
FXTM is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies. These regulations provide certain client protections and oversight of the brokers’ operations.
However, it’s important to note that no broker is completely risk-free, and it’s advisable to conduct your own due diligence and risk assessment before engaging in trading activities.
Which broker offers the superior trading platform?
Both Exness and FXTM offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are widely recognized and acclaimed for their comprehensive features, user-friendly interfaces, and extensive charting and analysis tools. The choice of which platform is superior depends on individual preferences and trading strategies. It’s recommended to try out the platforms yourself or explore their respective demo accounts to determine which one suits your needs better.
Do these brokers both offer MetaTrader?
Yes, both Exness and FXTM offer the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are highly regarded in the industry and provide a wide range of features and functionalities for Forex and CFD trading.
How many Forex pairs can you expect from these brokers?
Both Exness and FXTM offer a significant number of Forex pairs for trading. Exness provides access to over 120 currency pairs, while FXTM also offers a wide range of major, minor, and exotic currency pairs. The exact number of Forex pairs may vary over time as brokers may add or remove certain instruments based on market conditions and client demand. It’s advisable to check their websites or trading platforms for the most up-to-date information on available Forex pairs.
Is it safe to trade with Exness?
Exness is regulated by reputable financial authorities such as the FCA and CySEC, among others. These regulations impose certain standards and client protections on the broker’s operations. However, it’s important to note that trading always carries inherent risks, and it’s advisable to conduct thorough research, understand the risks involved, and consider your personal risk tolerance before trading with any broker.
Is it safe to trade with FXTM?
FXTM is also regulated by reputable financial authorities such as the FCA, CySEC, FSCA, and others. These regulatory bodies impose certain standards and regulations to ensure the safety and security of clients’ funds and operations. However, it’s important to remember that trading involves risks, and it’s crucial to conduct your own due diligence and consider your risk tolerance before trading with any broker.
Is Exness a good broker?
Exness has established itself as a reputable broker in the industry, offering a wide range of trading instruments, competitive pricing, and a user-friendly trading environment. However, the suitability of a broker depends on individual trading preferences, strategies, and requirements. It’s recommended to review their offerings, trading conditions, and client reviews to determine if Exness aligns with your specific needs.
Is FXTM a good broker?
FXTM is a well-established broker with a global presence, offering a variety of trading instruments, competitive pricing, and educational resources. However, the suitability of a broker depends on individual trading preferences and requirements. It’s advisable to review their offerings, trading conditions, and client feedback to determine if FXTM meets your specific needs.
It’s essential to conduct thorough research, review the brokers’ websites, and consider your own trading objectives and risk tolerance before choosing a broker. Additionally, it can be helpful to open a demo account with each broker to test their platforms and services before committing real funds.
Exness vs FXTM. Which forex broker is better? Which forex broker should you choose?
Choosing between Exness and FXTM ultimately depends on your individual trading needs, preferences, and priorities. Both brokers have their strengths and cater to different types of traders. It’s essential to consider the following factors when making your decision:
- Regulation and Security: Both Exness and FXTM are regulated by reputable financial authorities, which adds a level of security and oversight. Exness is regulated by the FCA and CySEC, among others, while FXTM is regulated by the FCA, CySEC, FSCA, and more. It’s important to assess the regulatory framework and client protection measures provided by each broker.
- Trading Conditions: Compare the trading conditions offered by Exness and FXTM, such as spreads, leverage, execution speed, and order types. Consider whether the broker’s trading conditions align with your trading strategy and requirements.
- Trading Instruments: Evaluate the range of trading instruments offered by each broker, including currency pairs, commodities, indices, cryptocurrencies, and more. Ensure that the broker provides the specific instruments you intend to trade.
- Trading Platforms: Exness and FXTM both offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Consider your familiarity and preference for these platforms, as well as any additional features or tools provided by each broker.
- Fees and Costs: Compare the fee structures, including spreads, commissions, and any additional charges for deposits, withdrawals, or inactivity. Consider how these fees may impact your trading costs and profitability.
- Customer Support: Assess the quality and availability of customer support from both brokers. Look for responsive and helpful customer service to address any queries or concerns you may have during your trading journey.
- Educational Resources: Consider the educational resources provided by Exness and FXTM, such as tutorials, webinars, analysis, and market research. If you value educational materials to enhance your trading knowledge, choose the broker that offers resources aligned with your learning style.
- User Experience: Evaluate the overall user experience of the trading platforms, website interfaces, and mobile applications offered by Exness and FXTM. A user-friendly and intuitive interface can contribute to a smoother trading experience.
It’s important to note that individual preferences and trading strategies differ, so what may be the best broker for one trader might not be the same for another. It’s recommended to open demo accounts with both brokers to experience their platforms and services firsthand before making a final decision. Additionally, consider reading reviews, seeking recommendations, and consulting with experienced traders to gather more insights.
