Exness vs FXTM Comparison
Exness and FXTM are both well-liked brokers in the forex market. Each has different strong points. Exness has really high leverage options and many trading tools, making it good for traders who want to get the most out of their trading. FXTM is known for its helpful learning materials and many types of accounts for new and expert traders, to boost trading know-how and give adaptable trading terms.
Introducing Exness and FXTM
Exness is a popular forex broker known for its high leverage and many types of trading tools that traders like as it gives them more freedom and many options. FXTM, or ForexTime, is famous for its good learning materials and different account types, made to help all traders, even if they are new or very experienced.
Regulation of Brokers
Exness is watched by many top groups, like the CySEC in Cyprus and the FCA in the UK, to make sure trading is safe and fair. FXTM is also well-checked, with permits from CySEC, the FCA, and other groups, giving a safe place to trade by sticking to strict rules.
Trading Conditions Provided by Exness and FXTM
Exness gives small spreads from 0.1 pips and has very high borrowing, reaching up to 1:Unlimited, which suits aggressive trading methods. FXTM provides adaptable trading terms with borrowing up to 1:2000 and changing spreads, which can be helpful for traders using different trading plans and risk control methods.
Spreads and commissions
Exness is known for its low spreads from 0.1 pips and different account choices, some with no fees, which traders like. FXTM also has small spreads and different account options, some with low spreads and fees, and others with higher spreads but no fees, to suit different trading styles.
Broker | Spreads | Commissions |
Exness | From 0.1 pips | Zero commission on some accounts |
FXTM | Variable, starting from 0.1 pips | Commission fees on ECN accounts, zero on others |
Leverage
Exness gives huge help, up to 1:Unlimited, to traders. It can give big gains but also high risk. FXTM also offers big help, up to 1:2000, for traders who want more trading with less money.
Broker | Maximum Leverage |
Exness | Up to 1:Unlimited |
FXTM | Up to 1:2000 |
Types of Order Execution
Exness lets people pick how they want their trades to be done, either quickly or on the market, to suit their plans. FXTM also offers the same, giving traders the same choice to match their strategies and the market.
Broker | Types of Order Execution |
Exness | Instant Execution, Market Execution |
FXTM | Instant Execution, Market Execution |
Platforms and Tools at Exness and FXTM Brokers
Exness and FXTM both let you use MetaTrader 4 and MetaTrader 5, which are well-liked for their strong trading tools and advanced charts. Exness also has its own special platform that makes trading easier with extra features and simple interfaces. FXTM has tools like autochartist and special trader tools to help with hard analysis and trading choices.
Account Management
Exness offers an easy online system for managing accounts. It lets traders check their money, control trades, and change settings. This makes trading and administrative tasks easy. FXTM also has strong tools for managing accounts. Traders can use the secure client portal to get into their accounts, do transactions, and use money tools to track their investments well.
Types of Accounts
Exness has different kinds of accounts for different trading strategies, like Standard, Pro, and Zero accounts. Each account has different things like spreads and leverage options to fit each trader’s needs. FXTM also has many kinds of accounts, like Micro, Advantage, and Advantage Plus accounts. Each one is made for different trading experiences and investment sizes, with specific conditions on spreads and commissions.
Broker | Types of Accounts |
Exness | Standard, Pro, Zero Spread |
FXTM | Micro, Advantage, Advantage Plus |
Minimum Deposits
Exness gives you the choice to start trading without having to deposit a certain minimum amount of money. This is available on many different account types. You can start trading with any amount you feel good about. On the other hand, FXTM needs you to deposit a minimum amount of money, but this amount changes depending on the type of account you choose. For a Micro account, it can be as low as $10.
Broker | Minimum Deposit |
Exness | No minimum deposit required |
FXTM | From $10, depending on the account type |
Deposit and Withdrawal of Funds
Exness has many ways to put in and take out money. They have bank transfers, cards, and e-wallets. They stand out for how quickly they handle taking out money. FXTM also has many ways to put in money like cards, bank wires, and e-wallets. But when you want to take out money, it usually takes a few business days.
Broker | Deposit Options | Withdrawal Processing |
Exness | Bank transfers, credit/debit cards, e-wallets | Instant for some methods |
FXTM | Credit cards, bank wire, e-wallets | Several business days |
Investment Programs (PAMM, RAMM)
Exness has something called Social Trading. It lets people copy the trades of skilled traders. It’s like regular PAMM systems but with more social stuff. FXTM has a PAMM system too, called FXTM Invest. It lets account owners be strategy providers or followers. It helps with managed account trading and has choices for sharing earnings.
Broker | Investment Programs |
Exness | Social Trading platform (similar to PAMM) |
FXTM | FXTM Invest (PAMM) |
Additional Exness and FXTM services
Exness adds new things to make trading better, like VPS hosting for nonstop trading, and a calendar to plan around market events. HFM is different by giving lots of educational stuff, such as webinars and educational articles and videos, to help traders learn.
Customer Reviews about Exness and FXTM
People like Exness because cash comes out fast and trading rules are flexible, good for new and old traders. FXTM gets good reviews too because it helps people learn and has helpful customer service, great for new traders.
Exness and FXTM Summary of the Main Advantages and Disadvantages
Exness is good for its easy trading and fast money taking out, so many traders like it. But some say its help is not fast. FXTM has lots of learning stuff and many platforms for trading, good for new and old traders. But its prices might be more than others.
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