Written by ForexBrokers.com
In this head to head comparison of Exness vs TopFX, 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.
Exness, established in 2008, and TopFX, founded in 2010, are online brokers that operate without being publicly traded or functioning as banks. In terms of regulatory compliance, Exness holds a notable position with two Tier-1 licenses and three Tier-2 licenses. This regulatory backing contributes to Exness receiving a Trust Score of 81 out of 99 from ForexBrokers.com, categorizing it as a trusted broker in the industry.
Conversely, TopFX holds one Tier-1 license with no Tier-2 licenses and has a Trust Score of 67, which places it in the high-risk category according to ForexBrokers.com. This information highlights significant differences in the regulatory framework and perceived trustworthiness between the two brokers, making Exness appear more favorable for traders seeking a regulated environment.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Year Founded | 2008 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Exness earns 4 out of 5 stars for commissions and fees and ranks #36 out of 63 brokers. Pricing depends on the account you choose: the commission-free Standard Cent and Standard accounts carry higher spreads, while the Pro account trims spreads and lets you pick instant or market execution. The two commission-based options aim for tighter spreads: Zero Spread charges a per-trade commission of $0.05, and the Raw account charges up to $7 per round turn lot ($3.5 per side). Most accounts use market execution, and margin call thresholds vary by account.
TopFX also holds a 4 out of 5 star rating for commissions and fees and ranks #41 out of 63. It offers two simple choices across MetaTrader and cTrader: the ZERO account is spread-only and commission-free, while the RAW account is commission-based at 2.75 EUR per side (5.50 per round turn). In July 2024, the RAW account’s average spread on EUR/USD was 0.33 pips; adding the commission equivalent of 0.55 pips brings the all-in cost to about 0.88 pips, roughly in line with the industry average. The ZERO account averaged 1.03 pips on EUR/USD in July 2024. Minimum deposits can vary by payment method.
If you want more account flexibility, Exness provides multiple structures and execution types, with the lowest spreads typically found on its commission-based Raw and Zero Spread accounts. If transparent, published all-in pricing on EUR/USD matters most, TopFX’s RAW account shows a clear ~0.88-pip average all-in cost for July 2024, while the ZERO account keeps things commission-free at the expense of wider spreads. Both brokers score 4 stars; Exness edges TopFX in the rankings (#36 vs. #41), but your cheaper choice will depend on the specific account, instruments you trade, and how often you trade.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Minimum Deposit | $10 | Depends on payment method |
| Average spread (EUR/USD) - Standard account | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Exness vs TopFX: both brokers support forex trading and offer cryptocurrency CFDs, plus copy trading for those who want to follow other traders. Neither lets you buy actual stocks on U.S. or international exchanges, and neither supports buying real crypto; trading is through CFDs instead.
For breadth, TopFX lists 655 tradeable symbols compared with Exness at 209. If your focus is currencies, Exness provides 96 forex pairs while TopFX offers 60. Both earn 3.5 out of 5 stars for Range of Investments; in category rankings out of 63 brokers, Exness is #56 and TopFX is #47. Choose Exness if you prioritize more forex pairs, or TopFX if you want more total markets to trade.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 209 | 655 |
| Forex Pairs (Total) | 96 | 60 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Exness vs TopFX: both brokers offer free demo accounts for paper trading, web and Windows desktop platforms, copy trading, trade-from-chart functionality, and MetaTrader 4 (MT4). Exness also provides its own proprietary platform and supports MetaTrader 5 (MT5), while TopFX does not have an in-house platform and does not support MT5.
Both earn 4 out of 5 stars for Trading Platforms and Tools, yet Exness ranks #26 out of 63 brokers at ForexBrokers.com, compared with TopFX at #46. The number of built-in technical indicators and watchlist columns wasn’t specified for either broker. If you want MT5 or a proprietary platform option, Exness is the more suitable pick; if MT4 with web and desktop access covers your needs, TopFX fits that brief. Both include copy trading and a demo account to test strategies risk-free.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Exness and TopFX both offer mobile trading apps for iPhone and Android. Each app supports stock or forex price alerts and lets you draw trendlines on charts. Exness includes 35 technical studies, while TopFX offers 30. Neither app syncs watchlists with your online account. A key difference: TopFX auto-saves your chart drawings; Exness does not. Both earned 4 out of 5 stars for Mobile Trading Apps, but ForexBrokers.com ranks Exness higher (#26 of 63) than TopFX (#52 of 63).
Choose Exness if you want more built-in indicators for analysis on the go. Pick TopFX if keeping your chart annotations saved automatically is important. Since neither app syncs watchlists, be ready to manage symbols separately on mobile and web. Both apps cover the essentials—iPhone and Android access, price alerts, and core charting—so the decision comes down to chart tools and workflow preferences.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Exness vs TopFX market research: Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, provide Trading Central analytics, a trader sentiment tool, and an economic calendar. Exness also publishes daily market commentary, which TopFX does not. On the flip side, TopFX includes Autochartist for technical scans, which Exness lacks. Exness does not use TipRanks or Acuity Trading; for TopFX, access to TipRanks and Acuity Trading is not indicated.
According to ForexBrokers.com, Exness scores 3.5/5 for Research (ranked 42 of 63), while TopFX scores 3/5 (ranked 61 of 63). In simple terms, choose Exness if daily commentary plus mainstream news and sentiment tools matter most. Pick TopFX if you want Autochartist alongside Trading Central, bearing in mind its overall research lineup is rated lower.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, Exness offers more learning options than TopFX. Exness hosts client webinars at least once a month and provides at least 10 beginner-focused videos, plus at least 10 advanced videos for when you’re ready to level up. These resources cover core trading topics in simple terms and can help you build confidence step by step. By contrast, TopFX does not run monthly educational webinars and does not meet the threshold of 10 beginner or 10 advanced videos, so new traders may find fewer structured lessons to follow.
Independent ratings reflect this gap. For Education, Exness scores 3.5 out of 5 stars and ranks #47 out of 63 brokers on ForexBrokers.com, while TopFX scores 3 out of 5 stars and ranks #62. If you want frequent webinars and a larger video library to learn forex and CFD trading, Exness is likely the better fit. If you only need a lighter set of materials, TopFX could still suffice.
| Feature |
Exness
|
TopFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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 TopFX. Exness finished with an overall rank of #43, while TopFX finished with an overall rank of #62.
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
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TopFX
|
|---|---|---|
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| Trust Score | 81 | 67 |
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Exness vs TopFX cryptocurrency trading comparison: neither broker offers actual (delivered) cryptocurrencies, but both provide cryptocurrency CFDs for trading.
In an Exness vs TopFX comparison of deposit and withdrawal methods, Exness supports bank wire transfers and Skrill but not ACH/SEPA or PayPal, while TopFX also does not support ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | TopFX | |
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| Trust Score | 81 | 67 | |
| Winner | check_circle | ||
| Review | Exness Review | TopFX Review |
| Broker Screenshots | Exness | TopFX | |
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| Regulation | Exness | TopFX | |
|---|---|---|---|
| Trust Score | 81 | 67 | |
| Year Founded | 2008 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | TopFX | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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 | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Exness | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 209 | 655 | |
| Forex Pairs (Total) | 96 | 60 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Exness | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Exness | TopFX | |
|---|---|---|---|
| Minimum Deposit | $10 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Exness | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes |
| Trading Tools | Exness | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Exness | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Exness | TopFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Exness | TopFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Exness Review | TopFX Review |
| Overall | Exness | TopFX | |
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| Trust Score | 81 | 67 | |
| Winner | check_circle | ||
| Review | Exness Review | TopFX Review |
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