Exness vs XTB: which Forex broker is the best choice?
When trading in the highly dynamic Forex market, choosing the right broker can significantly impact your trading experience and success. Two prominent names in the industry, Exness, and XTB, have garnered attention for their robust platforms, extensive market offerings, and dedicated customer service. However, deciding between these two can be a challenging task for traders. This article will delve into a detailed comparison of Exness and XTB, examining key aspects such as trading platforms, fees, regulatory status, customer support, and overall user experience. By the end of this analysis, you will have a clearer understanding of which broker might better suit your trading needs and preferences.
NOTE: You can also check out a brief review of Exness ↓
And XTB ↓
Exness vs XTB: comparing key features
Exness vs XTB | Exness | XTB |
---|---|---|
Regulation | CySec, FCA, FSA, and the FSCA. | FCA, KNF, FSC, CySEC, and CNMV. |
Platforms | MT4, MT5, MetaTrader WebTerminal, Exness Terminal for Windows, Linux, macOS, iOS, or Android, Exness Trader App. | MT4, xStation 5, xStation 5 mobile app. |
Accounts | Standard account, Standard Cent account, Raw Spread account, Zero account, Pro account, demo, Islamic account (Swap-Free). | Standard, Pro, Islamic, and demo. |
Trading instruments | 120 trading instruments including 70 currency pairs, indices, stocks, metals, cryptocurrency, and commodities. | Nearly 2000 CFDs based on Forex, Indices, Commodities, Cryptocurrencies, Stocks, ETFs, and real stocks and ETFs. |
Analytics and education | Analytical tools, economic calendar, trading calculator, market news by FXStreet, and more. | Webinars, trading academy, market analysis, economic calendar. |
Support | Live chat, email, phone. Customer support in 15 languages and 24/7 support in English, Chinese, and Thai. | 24/7 support coverage. Email, live chat, phone. |
Bonuses | — | — |
Minimum deposit |
$10 via cards.
|
US$0 to open an account. |
Commissions | No management or withdrawal fees, lower trading costs with the right account type, and no swaps or overnight fees for most instruments. Raw Spread account has a commission of up to $3.50 on each side per lot | XTB charges varying fees: Standard accounts have wider spreads but no execution commissions (except for equity and ETF CFDs), while Pro accounts pay a commission per trade with market spreads. |
Deposits and withdrawals | Bank card, Bitcoin, Skrill, Neteller, USD Coin, Tether (USDT ERC20), Wire transfer, Web Money. | Bank transfers, credit/debit cards, e-wallets. |
Social trading/copy trading | Social trading | — |
VPS | ✓ | — |
Exnes and XTB: comparison summary
Exness and XTB are both well-regulated brokers with diverse offerings. Exness supports MT4, MT5, and its proprietary platforms, while XTB uses MT4 and xStation 5. Exness offers a wider variety of account types, including Standard, Cent, Raw Spread, Zero, Pro, demo, and Islamic accounts, compared to XTB’s Standard, Pro, Islamic, and demo accounts. Exness has 120 trading instruments, while XTB offers nearly 2000 CFDs. Both provide 24/7 support, but Exness offers more language options. Exness requires a $10 minimum deposit via cards, whereas XTB has no minimum. Exness has no management fees with commissions on specific accounts; XTB’s fees vary by account type. Exness also offers social trading and VPS, which XTB does not.
Exness and XTB: open accounts with Top FX brokers
Exness
Exness distinguishes itself with rigorous regulation by CySec, FCA, FSA, and FSCA, providing traders with exceptional trust and security. It caters to different trading styles through a variety of platforms and account types. Featuring low fees and extensive multilingual support, Exness creates an accessible and dependable trading environment for both beginners and seasoned traders. Those seeking a regulated broker with competitive fees and flexible trading options will find Exness an excellent choice.
XTB
XTB stands out with robust regulation by CySec, FCA, KNF, and IFSC, ensuring a high level of trust and security for traders. It offers a wide range of platforms and account types to suit diverse trading preferences. With competitive fees and comprehensive multilingual support, XTB provides an accessible and reliable trading environment for both novice and experienced traders. Traders seeking a regulated broker with competitive fees and versatile trading options will find XTB a suitable choice.
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Exness vs XTB - FAQ