Written by ForexBrokers.com
In this head to head comparison of XM Group vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing XM Group and Exness, two well-known online brokers, it's essential to look at their regulatory standings and overall trust ratings. XM Group was established in 2009, while Exness has been around since 2008. Neither of these brokers is publicly traded, nor do they operate as banks. XM Group stands out with four Tier-1 licenses, making it a highly trusted option according to ForexBrokers.com. Additionally, it holds one Tier-2 license. Exness, on the other hand, has two Tier-1 licenses, and three Tier-2 licenses, which earn it a trusted rating.
In terms of overall reliability, XM Group boasts a ForexBrokers.com Trust Score of 93 out of 99, placing it in the highly trusted category. In comparison, Exness has a Trust Score of 81, indicating it is a trusted option for traders. Both brokers have established a solid regulatory foundation, but XM Group edges ahead with higher trust ratings and more Tier-1 licenses, which are considered the most reliable by industry standards.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Year Founded | 2009 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing the commissions and fees of XM Group and Exness, both online brokers receive a 4-star rating, making them competitive options for traders. XM Group's standard account spreads tend to be expensive, and they do not publish average spreads for their commission-based XM Zero account. This lack of transparency might make it challenging for traders to gauge trading costs accurately. Ranked #33 out of 63 brokers by ForexBrokers.com in the Commissions and Fees category, XM Group offers a service that may not be the most cost-effective choice for traders seeking lower fees.
Exness, on the other hand, provides a diverse range of account types to suit various trading needs, with two standard accounts and three professional accounts. Additionally, Exness offers two specialized social copy trading accounts, Social Standard and Social Pro, which cater to those interested in sharing and copying trading strategies. The trading costs depend on the account type chosen; commission-based accounts generally feature lower spreads compared to commission-free ones.
The account offerings at Exness include the Standard Cent, Standard, Pro, Zero Spread, and Raw types, each with distinct trading conditions. For instance, the Zero Spread account charges a per-trade commission of $0.05, while the Raw account incurs a commission of up to $7 per round-turn lot but features lower spreads. Exness allows flexibility in execution methods with the Pro account, which supports both instant and market execution. Despite reasonable trading costs and varied account options, Exness is ranked slightly lower at #35 by ForexBrokers.com for commissions and fees.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Minimum Deposit | $5 | $10 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | No |
| 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 it comes to the range of investments offered by online brokers, XM Group and Exness present distinct options for traders. XM Group stands out with an impressive 1,394 tradeable symbols, which includes 55 forex pairs, giving currency traders a solid selection. In contrast, Exness provides access to 227 tradeable symbols with a focus on 96 forex pairs, offering extensive forex opportunities but fewer total symbols than XM Group. Both brokers provide opportunities for forex trading through Contracts for Difference (CFDs) or spot contracts and offer the capability for copy trading, catering to a range of trading preferences.
For those interested in exchange-traded securities, XM Group offers access to both U.S. and international markets, allowing clients to invest directly in shares like Apple and Vodafone. Exness, on the other hand, does not provide options to buy exchange-traded securities on these markets. In terms of cryptocurrency, neither broker offers the option to purchase actual cryptocurrencies, although both support trading cryptocurrency derivatives. XM Group achieves a higher rating of 4.5 stars for its range of investments, ranked 24th by ForexBrokers.com, while Exness receives a 3.5-star rating, placing it at 55th in the same category.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 227 |
| Forex Pairs (Total) | 55 | 96 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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). | 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.
XM Group and Exness both offer traders several useful features across their trading platforms. For users interested in simulated trading, both brokers provide free virtual demo accounts, making it effortless to practice strategies without financial risk. While XM Group does not have its own proprietary platform, Exness offers a unique in-house platform. Both brokers provide access to popular trading software like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and they support Windows-based desktop downloads as well as web-based trading platforms. Copy trading is available on both platforms, although neither offers DupliTrade or ZuluTrade options.
When it comes to charting tools, XM Group offers 15 drawing tools, whereas Exness provides a more extensive selection with 87 drawing tools. Both brokers allow trading directly from stock charts, enhancing user convenience. For watch lists, both XM Group and Exness offer seven fields for creating custom lists. In terms of ratings, both brokers receive four out of five stars for their trading platforms and tools. However, on a broader industry scale, Exness has a slight edge being ranked 26th out of 63 brokers, while XM Group is positioned at 32nd according to ForexBrokers.com. This places both companies in a competitive spot within the trading platform landscape, appealing to a range of investors and traders.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 107 |
| Charting - Drawing Tools (Total) | 15 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XM Group and Exness offer mobile trading apps for iPhone and Android users, providing vital features for modern traders. Users can set stock or forex price alerts on both platforms, ensuring that important market movements never go unnoticed. Both apps also allow for easy drawing of trendlines on charts and support various time frames, such as daily, weekly, or intraday, catering to traders' diverse needs. With real-time watchlist creation possible on both platforms, users have access to an app tailored to keep pace with fast-changing market conditions.
However, there are some differences to consider. One notable distinction is XM Group’s ability to sync watchlists between the mobile app and a client's online account, unlike Exness. In charting features, Exness has a slight edge with 35 technical studies compared to XM Group's 30. It's important to note that neither app automatically saves chart drawings. When it comes to overall performance ratings, both apps receive four out of five stars. In terms of rankings by ForexBrokers.com, Exness ranks slightly higher, coming in at #26 versus XM Group's #30.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 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.
When considering XM Group and Exness for market research capabilities, both brokers offer daily market commentary and forex news from reputable sources like Bloomberg and Reuters, providing traders with timely information. They have integrated Trading Central tools for technical analytics and sentiment-based trading tools showing long and short position ratios, helping traders make informed decisions. Moreover, both provide an economic calendar with global news events. However, neither XM Group nor Exness offers tools from Autochartist or Acuity Trading, or market research from TipRanks.
In terms of overall research ratings, XM Group receives a commendable 5 stars compared to Exness's 3.5 stars. ForexBrokers.com ranks XM Group 8th out of 63 brokers, highlighting its strength in research capabilities, while Exness is positioned at 41st. This makes XM Group a more appealing choice for traders who prioritize in-depth research tools and insights, although Exness still offers a good range of features to support trading activities.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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 tailored for beginners, XM Group shines brightly in comparison to Exness. Both brokers provide more than 10 educational pieces focusing on forex or CFDs, ensuring a solid foundation of knowledge. However, XM Group elevates their offerings with monthly live webinars and an extensive searchable archive of past webinars, allowing beginners to learn in real-time and revisit valuable sessions. Exness, while offering a similar archive, falls short by not providing regular live webinars. Furthermore, XM Group caters to beginners with over 10 exclusive educational videos, making complex trading topics accessible and understandable.
XM Group also leads in the creation of content for advanced traders, with over 10 educational videos that help seasoned investors refine their skills. Meanwhile, Exness misses this mark, not offering similar resources for advanced traders. Although Exness does provide an investor dictionary with a wide array of terms, the overall educational experience remains more comprehensive with XM Group. These differences are reflected in their ratings, with XM Group earning 5 out of 5 stars for education, and Exness receiving 3.5 stars. According to ForexBrokers.com, XM Group ranks high at #7, showcasing their dedication to investor education, compared to Exness, which sits at #47 in the educational category.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Exness. XM Group finished with an overall rank of #17, while Exness finished with an overall rank of #43.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 81 |
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Both XM Group and Exness provide the capability to trade cryptocurrency derivatives but do not facilitate the purchase of actual (delivered) cryptocurrencies.
When comparing the online brokers XM Group and Exness for depositing or withdrawing funds, both do not support ACH or SEPA transfers and PayPal, but they offer similar options with Skrill, Visa or Mastercard, and bank wires available for 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 | XM Group | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | XM Group Review | Exness Review |
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| Regulation | XM Group | Exness | |
|---|---|---|---|
| Trust Score | 93 | 81 | |
| Year Founded | 2009 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | XM Group | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | No | 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) | XM Group | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | XM Group | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 227 | |
| Forex Pairs (Total) | 55 | 96 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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). | 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 | XM Group | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Exness | |
|---|---|---|---|
| Minimum Deposit | $5 | $10 | |
| 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 | XM Group | Exness | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | No |
| Trading Tools | XM Group | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 107 | |
| Charting - Drawing Tools (Total) | 15 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 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 | XM Group | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review | Exness Review |
| Overall | XM Group | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | XM Group Review | Exness Review |
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