Compare Exness Vs XM: Which is the Better Forex Broker in 2023?
Exness Vs XM, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Exness Vs XM, here is the direct comparison:
Compare | Exness | XM |
General Rating |
4.25/5 |
3.42/5 |
Trustpilot |
3.8/5 579 users |
2.1/5 255 users |
πΌ Regulation | ||
βInformation | Testimonials (112), News (49), Articles (22), Promotions (3) | Testimonials (90), News (5), Articles (11), Bonus (13), Promotions (7) |
β Established | 2008 | 2009 |
π² Min Deposit | $1 | $5 |
β Max Leverage | 1:2000 | 1:888 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3.50 | $3.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Crypto, Credit/debit cards, Neteller, Perfect Money, Skrill, Tether (USDT), USD Coin (USDC), WebMoney and Wire transfer | CashU, Credit/debit cards, FasaPay, giropay, iDEAL, Moneta.Ru, Neteller, paysafecard, QIWI, Skrill, SOFORT, UnionPay, WebMoney, Western Union and Wire transfer |
π’ Office(s) |
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π§© Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
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π£ Website Languages | Arabic, Bengali/Bangla, Chinese, English, French, German, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese | Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish |
πͺ Trade Now | Open Exness | Open XM |
Compare Again
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Great during all market conditions
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Mobile payment is good
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helpful content
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Reliable and trustworthy
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Good broker overall
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Good for beginners
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Transaction invalid, send help
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First of all, I'd like to remind you that I...
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Do they have promotions?
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Thanks for quick help
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See More Exness Testimonials
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See More XM Testimonials
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Exness Announces the Opening of New Office in Uruguay
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Exness February Trading Volume Surges to USD3 Trillion
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XM Sends Aid Over Disaster Strikes in Turkey and Syria
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XM Names Great Place to Work for 2nd Consecutive Year
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XM Introduces Islamic Accounts for Muslim Traders
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XM Donates for Renovation of Pediatric Clinic in Cyprus
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XM Closed 2022 with Donation to Médecins Sans Frontières
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XM to Hold Seminar in Puebla, Mexico
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Exness Trading Volume Hits Fresh Record in January
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See More Related Exness News
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See More Related XM News
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XM Deposit Bonus: a Two-Tier Promo for Any Trader
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What is Exness Premier Program?
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Introducing XM Welcome Bonus Worth USD50
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Exness Vs Admiral Markets for Crypto Trading
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Best Broker for Scalping: Exness or FXOpen?
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Tickmill Vs Exness Pro Account
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5 Exness Trading Tools to Trade with Confidence
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Forex Brokers in 2022: How Exness Performed
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FP Markets Vs XM Standard Account
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See More Related Exness Article
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Exness provides their pricing with Variable spread while XM offers Variable spread.
Exness vs XM: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Exness enables trading with MetaTrader 4, MetaTrader 5. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, XM provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Exness or XM better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Exness supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, while XM presents the ability of trading with Forex, Crypto, Gold & silver, CFD, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Exness and XM:
- Compare Exness vs Interactive Brokers
- Compare Exness vs Ovalx
- Compare Exness vs AvaTrade
- Compare XM vs InstaForex
- Compare XM vs LiteFinance
- Compare XM vs Dukascopy
For more comparisons, visit this page.