XM vs Exness
XM and Exness are two of the largest brokers serving clients outside Europe and Australia, with CySEC entities for the EU and offshore entities that offer high leverage. Both are known for low minimum deposits, many account types and heavy marketing.
| XM | Exness | |
|---|---|---|
| Editorial score | 9.1 / 10 | 7.7 / 10 |
| Regulation | Belize FSC, CySEC, ASIC, DFSA, FSCA | Seychelles FSA, FSCA South Africa, CySEC, FCA, CBCS Curacao, BVI FSC, Mauritius FSC, Kenya CMA, Jordan JSC, UAE CMA, Belize FSC |
| Minimum deposit | $5 | $10 |
| Spread from | 0.8 pips | 0.0 pips |
| Maximum leverage | 1:30 retail | 1:Unlimited |
| Platforms | MetaTrader 4, MetaTrader 5, XM App | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade |
| Markets | Forex, Cryptocurrencies, Stocks, ETFs, Indices, Commodities, Precious Metals, Energies, Shares, Thematic Indices | Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices |
| Demo account | Yes | Yes |
| Founded | 2009 | 2008 |
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
Exness is known for instant withdrawals and very high leverage on its offshore entities; XM for its education and its long-running promotions. Check which entity you would be joining before comparing anything else.
Verdict. Exness for withdrawal speed and leverage on the offshore entity; XM for education and a broader promotional programme. Under the CySEC entities the two are much closer.
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