Written by ForexBrokers.com
In this head to head comparison of Exness vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparing Exness and FXOpen, two online brokers in the forex industry, reveals key differences in their trust and regulatory standings. Exness, founded in 2008, holds an impressive two Tier-1 licenses and three Tier-2 licenses, earning it a Trust Score of 81 from ForexBrokers.com, indicating it’s a trusted broker. Meanwhile, FXOpen, established in 2003, also holds two Tier-1 licenses but lacks Tier-2 licenses, which leads to a slightly lower Trust Score of 76, categorizing it as an average risk broker. Neither Exness nor FXOpen is publicly traded or operates as a bank.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Year Founded | 2008 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing Exness and FXOpen for commissions and fees, both brokers offer distinct account options tailored to different trading needs. Exness provides a wide range of five primary account types—two standard and three professional. Standard Cent and Standard account holders encounter higher spreads, whereas the Pro account offers lower spreads with a choice of instant and market execution methods. For those seeking lower trading costs, Exness offers the Zero Spread account with a commission of $0.05 per trade and the Raw account with a commission up to $7 per round-turn lot, both providing market execution and no leverage restrictions.
FXOpen offers tight spreads and competitive trading conditions, although detailed average spread data isn't publicly available. While both brokers are praised for their commission structures, Exness receives a commission and fee rating of 4 out of 5 stars, ranking #35 out of 63 brokers in the category according to ForexBrokers.com. FXOpen shares the same 4-star rating but holds a slightly lower position, ranked #44 out of 63.
In essence, Exness is favored for its variety of account types catering to different trader profiles, offering several commission-based options with lower spreads, while FXOpen maintains a competitive presence with its own advantages in fees. Both brokers achieve similar ratings, making the choice largely dependent on specific trading needs and preferences.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $10 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at Exness and FXOpen, several key differences emerge that may influence your choice of broker. Both platforms offer forex trading through CFD or spot contracts, ensuring you have access to the currency markets. However, Exness stands out with 227 tradeable symbols, significantly more than FXOpen's 87. Additionally, Exness provides access to 96 forex pairs compared to just 25 at FXOpen, offering a broader choice for forex enthusiasts.
Neither broker offers direct access to exchange-traded securities on U.S. or international exchanges, meaning you won't be buying stocks like Apple or Vodafone directly. Cryptocurrency investors won't find delivered cryptocurrencies available, as both brokers only offer cryptocurrency derivatives. Interestingly, both Exness and FXOpen provide copy trading for those who want to mimic successful traders. In terms of ratings, Exness receives a slightly higher score of 3.5 out of 5 for its range of investments, compared to FXOpen's 3-star rating. According to ForexBrokers.com, Exness is ranked 55th, while FXOpen trails at 62nd among 63 brokers for investment variety.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 87 |
| Forex Pairs (Total) | 96 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Exness and FXOpen both provide traders with a comprehensive range of platforms and tools to meet varying trading needs. Both brokers offer simulated trading through free virtual demo accounts, ensuring traders can hone their skills without financial risk. Exness stands out with its proprietary platform, enabling unique tools and a customized experience. On the other hand, FXOpen relies on external platforms. Both brokers support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, allowing access to advanced trading features. Additionally, they offer web-based and Windows desktop platforms for versatile trading experiences. For those interested in copy trading, both brokers have this feature, although Exness does not support ZuluTrade, which is available with FXOpen.
When it comes to charting tools, Exness offers significantly more drawing tools with 87 options compared to FXOpen's 15, potentially providing greater flexibility in technical analysis. Both brokers allow trading directly from stock charts and provide equal options for creating watch lists with seven fields each. Despite sharing a four-star rating for trading platforms and tools, Exness ranks higher at #26 compared to FXOpen's #53 among 63 brokers assessed by ForexBrokers.com. This ranking suggests that Exness may provide a slightly more appealing platform and tools experience for traders looking for comprehensive charting and customization without reliance on external trading systems.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Exness and FXOpen both offer mobile trading apps for iPhone and Android users. Both platforms allow users to set up stock or forex price alerts and create watchlists with real-time quotes, aiding in efficient market tracking. They each provide the ability to draw trendlines on charts and view multiple time frames to better analyze market data. However, neither app supports watchlist symbol syncing between the app and a user's online account, nor do they auto-save chart drawings, meaning traders will need to manually update and save notes across platforms.
When exploring technical capabilities, Exness offers a slight edge with 35 technical studies compared to FXOpen's 30. Both are rated four stars for their mobile trading applications. However, in rankings by ForexBrokers.com, Exness stands out at #26 out of 63 brokers, while FXOpen sits at #54, suggesting Exness is perceived more favorably in terms of its mobile trading offering. For traders prioritizing technical analysis and higher app ratings, Exness may be the more appealing choice, though both platforms offer fundamental tools needed for trading on the go.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Exness and FXOpen, both brokers provide daily market commentary and access to forex news from prominent sources like Bloomberg and Reuters. However, Exness distinguishes itself by offering additional tools such as those from Trading Central for technical analysis, which are not available at FXOpen. Furthermore, Exness provides a sentiment-based trading tool that displays the ratio of long or short positions across currency pairs, a feature FXOpen lacks.
In terms of additional research tools, neither Exness nor FXOpen offers resources from Autochartist, TipRanks, or Acuity Trading. Both brokers do include an economic calendar that highlights important global news events. Reflecting these distinctions, Exness is rated at 3.5 stars for research, ranking #41 out of 63 brokers on ForexBrokers.com. Comparatively, FXOpen holds a 3-star rating and is ranked lower at #63, indicating Exness's slight edge in market research offerings.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When diving into the realm of online trading, educational resources can be an invaluable tool. Both Exness and FXOpen serve traders with some educational materials, but there's a noticeable difference in what's offered to beginners. Exness stands out with a plethora of educational content, featuring more than ten pieces focused on forex and CFDs. They also provide a searchable archive of recorded webinars, offering easy access to past sessions. Additionally, Exness caters to novice traders by offering over ten beginner-focused educational videos that walk through essential trading topics. In contrast, FXOpen doesn’t meet the same volume of educational materials, particularly lacking in beginner video content and not providing archived webinars.
Both brokers do include an investor dictionary, with each providing definitions for at least 50 investing terms, helping new traders familiarize themselves with market jargon. However, while Exness earns a slightly higher educational rating of 3.5 stars, standing at 47th in ForexBrokers.com's educational rankings, FXOpen follows with a 3-star rating and a rank of 58 out of 63 brokers. This difference underscores Exness's more comprehensive approach to trader education, signaling it as a better option for those starting their trading journey.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Exness is better than FXOpen. Exness finished with an overall rank of #43, while FXOpen finished with an overall rank of #54.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 76 |
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Both Exness and FXOpen do not offer the ability to buy actual delivered cryptocurrency, focusing instead on providing access to cryptocurrency derivatives.
Both Exness and FXOpen do not provide ACH or SEPA transfers or PayPal as deposit or withdrawal options, but they both support Skrill, Visa, Mastercard, and bank wire transfers for managing account funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Exness | FXOpen | |
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| Trust Score | 81 | 76 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | FXOpen | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Exness | FXOpen | |
|---|---|---|---|
| Trust Score | 81 | 76 | |
| Year Founded | 2008 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Exness | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Exness | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 87 | |
| Forex Pairs (Total) | 96 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Exness | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $10 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Exness | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review |
| Overall | Exness | FXOpen | |
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| Trust Score | 81 | 76 | |
| Winner | check_circle | ||
| Review | Exness Review |
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