9 Best Exness Alternatives of 2024 (2024)

FAQs

What broker is better than Exness? ›

Best Broker Alternatives for Exness

Interactive Brokers - 9.9/10 Overall. Saxo - 9.7/10 Overall. CMC Markets - 9.6/10 Overall. FOREX.com - 9.4/10 Overall.

Since Exness is not legally allowed to operate in the US, residents looking to engage in forex trading can consider alternative platforms. The most obvious choice would be to seek out a broker that is registered with the CFTC and NFA, as these brokers have met the necessary requirements to operate in the US market.

Exness is a legitimate online trading platform, as it is authorized and regulated by several respected international regulatory bodies, ensuring that clients' financial security is protected. The presence of multiple regulatory licenses is a strong indication that Exness operates under strict compliance standards.

Traders have an equally reliable broker in Exness and XM, as both have more than a decade of experience. XM is home to significantly more traders. How many Forex pairs and CFDs are available to trade?

Available Markets

Exness has a better Forex selection with 100+ currency pairs, ensuring Forex traders have broad sector exposure with a balanced overall asset selection. Pepperstone has notably more equity CFDs and offers ETF trading, making it a better choice in this category.

Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other. Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Vantage ranks more highly than Exness.

Exness (Cy) Ltd is a company registered in Cyprus, and it is regulated by the Cyprus Securities and Exchange Commission (CySEC). This entity caters to clients primarily in Europe and is subject to European financial regulations.

Exness is a regulated broker, holding multiple regulatory licenses from several financial authorities across the globe such as the Seychelles Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)*, the Financial Conduct Authority (FCA) in the UK*, South Africa Financial Sector Conduct ...

In conclusion, both Delta Exchange and Exness are reputable and well-established brokers in the financial industry, each offering a unique value proposition to traders.

Can I trade with $10 dollars on Exness? ›

Exness accepts eWallets such as Neteller, Skrill, &SticPay; and processes deposits within 30 minutes. Exness minimum deposit using eWallets is $10. Exness deposits via Neteller & Skrill are only accepted in USD & EUR.

Exness generally requires withdrawals to be processed through the same payment method used for deposits. Attempting to withdraw funds through a different method may result in rejection. For example, if you deposited funds via bank transfer, you must withdraw them through the same bank account.

Spreads, Fees, and Trading Costs:

Exness is known for its competitive spreads and low fees, providing a cost-effective trading environment. FBS, while offering a range of bonuses and promotions, might have higher trading costs due to wider spreads.

Exness is an ideal broker for both novice and seasoned traders, offering a wide range of trading instruments and advanced features. Its user-friendly platform and competitive spreads make trading hassle-free, while the absence of commission fees further enhances the value for traders.

Equity traders remain the focus at FXTM, which also features direct share investments and in-house constructed thematic stock baskets for long-term investors. Exness offers cryptocurrency CFDs, unavailable at FXTM, and 100+ currency pairs, granting it an edge over FXTM, which leads the overall asset selection category.

Exness is a top choice for forex traders looking for a reliable and user-friendly broker. With competitive spreads, high leverage, diverse account types, and excellent customer support, Exness provides everything you need to succeed in the forex market.

Spreads, Fees, and Trading Costs:

Exness is known for its competitive spreads and low fees, providing a cost-effective trading environment. FBS, while offering a range of bonuses and promotions, might have higher trading costs due to wider spreads.