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.
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 XM Group and Exness, it’s essential to consider their regulatory standings. XM Group, founded in 2009, boasts a strong regulatory presence with 4 Tier-1 licenses, marking it as highly trusted according to industry standards. Additionally, XM Group holds 1 Tier-2 license, further reinforcing its trusted status, with an overall Trust Score of 88 out of 99 from ForexBrokers.com. This framework makes XM Group a preferred option for those seeking a broker with a reliable reputation.
Exness, established in 2008, presents a slightly different profile. It holds 2 Tier-1 licenses and 3 Tier-2 licenses, making it a trusted broker within the ForexBrokers.com ratings. With a Trust Score of 81 out of 99, Exness maintains a solid position in the eyes of traders. Neither XM Group nor Exness are publicly traded companies or banks, focusing their operations solely on brokerage services. These details should help prospective traders assess which broker aligns better with their needs.
| 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 XM Group's standard account spreads tend to be expensive, and they do not publish average spreads for their commission-based XM Zero account.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 comparing the investment offerings of XM Group and Exness, both provide forex trading as CFDs or spot contracts. XM Group boasts a wider range of tradeable symbols, offering 1,394 compared to Exness's 227. However, Exness leads in the number of tradeable forex pairs with 96, surpassing XM Group's 55. For those interested in exchange-traded securities, XM Group provides access to both U.S. and international exchanges, allowing clients to invest in companies like Apple and Vodafone. In contrast, Exness does not offer this service.
Both XM Group and Exness enable trading of cryptocurrency derivatives but do not provide options to purchase actual cryptocurrencies. Additionally, both brokers support copy trading for users looking to mirror the strategies of experienced traders. XM Group receives a higher rating for its range of investments, with 4.5 stars compared to Exness's 3.5 stars, and ranks higher at #23 versus Exness's #55 according to ForexBrokers.com. This makes XM Group a more versatile choice for investors seeking a broader spectrum of trading opportunities.
| 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.
When comparing XM Group and Exness for trading platforms and tools, both brokers provide accessible options for new and experienced traders alike. Both XM Group and Exness offer free virtual demo accounts to allow for simulated trading, making it easy for traders to practice their strategies risk-free. While XM Group doesn't have a proprietary platform, Exness does, giving it a slight edge for traders who might prefer a unique, custom-built experience. However, both brokers support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring a comprehensive suite of tools for technical analysis and order execution. Their offerings are further expanded with the ability to trade directly from stock charts and access to Windows-based desktop and web-based trading platforms. Both brokers also support copy trading, although they do not offer DupliTrade or ZuluTrade.
In terms of technical features, Exness stands out with a vast array of 87 drawing tools for charting, compared to XM Group's 15 tools. This provides traders using Exness with more in-depth options for technical analysis and strategy development. Despite these differences, both brokers offer equal functionality for watch lists, with each providing seven columns for fields. XM Group and Exness are each rated four stars for their trading platforms and tools. However, they differ slightly in their ranking among 63 brokers, with XM Group positioned at number 31 and Exness slightly ahead at number 26, according to ForexBrokers.com. This subtle distinction highlights Exness's slight advantage in the competition of trading platforms while maintaining similar standards of quality and accessibility.
| 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.
When comparing the mobile trading apps of XM Group and Exness, both brokers offer convenient solutions for iPhone and Android users. Each supports price alerts and the ability to draw trendlines and view multiple time frames on charts, ensuring flexibility for traders. While XM Group boasts watchlist symbol syncing, allowing seamless updates in the mobile app and online account, Exness lags in this department. On the flip side, Exness slightly edges out XM Group with its offer of 35 technical studies for charting, compared to XM Group's 30.
In user experience ratings, both XM Group and Exness earn 4 out of 5 stars for their mobile trading apps. Despite similar ratings, Exness ranks higher at #26 compared to XM Group's #29 out of 63 brokers according to ForexBrokers.com. However, neither app supports auto-saving of chart drawings, a feature that some users might miss. Both apps allow the creation of watchlists with real-time quotes, providing a streamlined experience for active traders. Overall, traders might find their choice influenced by specific features like watchlist syncing or the variety of technical studies available.
| 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 | 88 | 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 | 88 | 81 | |
| Winner | check_circle | ||
| Review | XM Group Review | Exness Review |
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| Regulation | XM Group | Exness | |
|---|---|---|---|
| Trust Score | 88 | 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) | No | No | |
| 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) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | 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 | 88 | 81 | |
| Winner | check_circle | ||
| Review | XM Group Review | Exness Review |
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