Written by ForexBrokers.com
In this head to head comparison of Spreadex vs Exness, 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.
When comparing online brokers Spreadex and Exness, it's clear that both companies offer reliable alternatives for traders, although their regulatory credentials differ. Spreadex, established in 1999, has earned a ForexBrokers.com Trust Score of 71, situating it in the average risk category. This UK-based broker holds one Tier-1 regulatory license, which is highly trusted, though it lacks Tier-2 licenses and is not publicly listed or a bank, suggesting a more focused but less diversified regulatory profile.
Exness, founded later in 2008, garners a higher trust rating with a ForexBrokers.com Trust Score of 81, placing it in the trusted category. Notably, Exness holds two Tier-1 licenses, reflecting a strong commitment to high-level regulation, complemented by three additional Tier-2 licenses. While Exness is neither publicly traded nor a bank, its broader regulatory portfolio provides an added layer of reassurance for traders who prioritize regulatory oversight.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Year Founded | 1999 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Spreadex stands out for its competitive spreads, particularly on the EUR/USD currency pair, with an average spread of 0.81 pips in January 2024. Impressively, Spreadex achieved a minimum spread of 0.6 pips 60% of the time during that month. For those prioritizing low-cost trading, Spreadex shines with its efficient fee structure, earning a solid 4-star rating for commissions and fees. Notably, Spreadex is ranked #27 out of 62 brokers in the same category by ForexBrokers.com, highlighting its commendable position in the industry.
Meanwhile, Exness provides a versatile fee structure across its diverse account types, catering to different trading preferences and strategies. With five main account offerings, traders can choose between two standard accounts or three professional ones. Exness praiseworthy is adaptability, with the Pro account offering a choice between instant and market execution. The account types vary in trading conditions: Standard Cent and Standard accounts feature relatively higher spreads, while professional accounts like Zero Spread and Raw offer significant fee reductions through competitive spreads and per-trade commissions. These strategies help Exness achieve a 4-star rating for commissions and fees. However, it ranks #35 out of 62 brokers according to ForexBrokers.com, indicating room for further market competitiveness.
Overall, both Spreadex and Exness offer remarkable fee structures but cater to different trader priorities. While Spreadex emphasizes consistent low spread performance, Exness provides a tailored approach suitable for various trading experiences. Consider Spreadex for straightforward, low-cost trading and Exness if you prefer flexibility with account types and fee structures.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.81 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment options available at Spreadex and Exness, investors will notice a clear distinction in the breadth of choices offered by each platform. Spreadex provides access to a substantial 10,000 tradable symbols, earning it a high five-star rating for its range of investments. In contrast, Exness offers a more limited selection, with only 227 tradable symbols, and is rated at 3.5 stars in this category. Both platforms offer forex trading as CFDs or spot contracts, though Exness leads in this area, providing 96 tradeable forex pairs compared to Spreadex's 52 pairs.
Neither Spreadex nor Exness grants access to exchange-traded securities on US or international exchanges, which means investors cannot directly purchase shares like those of Apple or Vodafone. However, both brokers do offer cryptocurrency derivatives, allowing clients to trade on crypto price movements without owning the actual asset. For those interested in copy trading, Exness provides this feature while Spreadex does not. According to ForexBrokers.com, Spreadex ranks significantly higher for its investment range, securing the 13th spot out of 62 brokers, whereas Exness is positioned at 55th. Such distinctions may guide investors seeking wider or more diverse trading opportunities.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 227 |
| Forex Pairs (Total) | 52 | 96 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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). | 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.
Both Spreadex and Exness offer insightful features tailored for traders, starting with simulated or paper trading accounts, allowing newcomers to practice without financial risk. Both brokers also have proprietary platforms, innovated in-house to suit the unique needs of their clients. While Spreadex does not support a Windows-based desktop platform, it offers a web-based trading option, matching Exness in that aspect. A major distinction between the two is Exness's support for copy trading and the widely preferred MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which Spreadex does not offer.
When it comes to charting tools, Exness stands out with 87 drawing tools, eclipsing the 11 offered by Spreadex. Both platforms enable users to trade directly from a stock chart, a feature that enhances trading efficiency. For customizing watch lists, Spreadex slightly edges out with eight fields compared to Exness’s seven. While both brokers are rated 4 stars for their platforms and tools, Exness holds a higher industry ranking at #26 compared to Spreadex’s #46, according to ForexBrokers.com. This reflects favorably on Exness for traders seeking comprehensive toolsets and global trading capabilities.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 58 | 107 |
| Charting - Drawing Tools (Total) | 11 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Spreadex and Exness, both platforms offer apps for iPhone and Android users, with features like stock and forex price alerts, and the ability to draw trendlines on charts. Despite lacking sync capabilities for watchlists across devices, both apps allow users to create customizable watchlists with real-time quotes and view multiple time frames on charts. However, neither app auto-saves charts' drawings, which may be a consideration for users who frequently reanalyze their charts.
In terms of charting tools, Exness provides a more detailed experience with 35 technical studies available, while this feature is not specified for Spreadex. Both apps hold a solid four-star rating in mobile trading but differ in their rankings by ForexBrokers.com, with Spreadex at #46 and Exness at a more favorable #26 out of 62 brokers. This suggests that Exness might offer a somewhat refined user experience or features that appeal more to traders seeking comprehensive charting and ease of use on mobile devices.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 35 |
| 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.
Spreadex and Exness both provide their users with daily market commentary and forex news from well-known sources such as Bloomberg and Reuters, ensuring that traders have access to crucial market insights. Both platforms also offer sentiment-based trading tools which showcase the ratio of long or short positions across various instruments, along with economic calendars to keep traders updated on global events. However, when it comes to specialized research tools, Spreadex excels by offering tools from Autochartist, whereas Exness provides access to Trading Central's technical analytics. Both platforms do not offer market research from TipRanks or Acuity Trading's services like Signal Centre.
In terms of overall research quality, Spreadex is rated slightly higher with 4 out of 5 stars, compared to Exness's 3.5 stars. Among 62 brokers reviewed by ForexBrokers.com, Spreadex ranks at #31, outperforming Exness, which stands at #41 in the Research category. This indicates Spreadex's slight edge in providing comprehensive market research tools to its users.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Spreadex and Exness provide a solid foundation with at least ten educational pieces focusing on forex and CFDs. These resources include various articles, videos, and other learning tools designed to help new traders understand the market better. Additionally, both brokers offer a collection of more than ten beginner-focused trading videos, making it easier for newcomers to grasp essential trading concepts. Both Spreadex and Exness also offer an investor dictionary with more than 50 investing terms, helping to clarify any jargon beginners might encounter.
However, there are some differences to consider. While Exness provides a searchable archive of recorded client webinars to revisit past lessons, Spreadex does not offer this feature. Neither broker conducts live educational webinars each month, and they both lack a wide selection of advanced educational videos for seasoned traders. In terms of ratings by ForexBrokers.com, Spreadex is slightly ahead with four stars and ranks 45th out of 62 brokers, compared to Exness with 3.5 stars and a ranking of 47th. This reflects a slight edge for Spreadex in the educational category, though both platforms have room for growth in serving their trader communities.
| Feature |
Spreadex
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Spreadex is better than Exness. Spreadex finished with an overall rank of #39, while Exness finished with an overall rank of #43.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 81 |
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Neither Spreadex nor Exness offers the ability to buy actual delivered cryptocurrency, but both brokers provide options to trade cryptocurrency derivatives.
Both Spreadex and Exness provide options for depositing and withdrawing funds via Visa or Mastercard and bank wires; however, only Exness supports Skrill, while neither broker offers ACH, SEPA, or PayPal transactions.
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 | Spreadex | Exness | |
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| Trust Score | 71 | 81 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Exness Review |
| Broker Screenshots | Spreadex | Exness | |
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| Regulation | Spreadex | Exness | |
|---|---|---|---|
| Trust Score | 71 | 81 | |
| Year Founded | 1999 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | Exness | |
|---|---|---|---|
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | Spreadex | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 227 | |
| Forex Pairs (Total) | 52 | 96 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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). | 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 | Spreadex | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Spreadex | Exness | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 58 | 107 | |
| Charting - Drawing Tools (Total) | 11 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | Exness | |
|---|---|---|---|
| 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 | N/A | 35 | |
| 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 | Spreadex | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Spreadex | Exness | |
|---|---|---|---|
| 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 | Spreadex Review | Exness Review |
| Overall | Spreadex | Exness | |
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| Trust Score | 71 | 81 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Exness Review |
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