ExnessFrom 0.0 pips (Raw Spread), spread-based (Standard)
- Published fee
- From 0.0 pips (Raw Spread), spread-based (Standard)
- Minimum deposit
- 10 $
- Spread figure
- EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard)
Broker comparison
Exness vs.
XM
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonExness
XMVS
Summary
Your goal decides
Exness has a higher rating of 4.2/5 compared to XM (4.1/5). XM offers 7 instrument types, while Exness offers 6. The minimum deposit is lower at XM with 5 $. Oversight: Exness: FCA/CySEC/FSA; XM: CySEC/ASIC/DFSA. Exness: No. XM: No.
ExnessHigh-volume broker with instant withdrawals and low spreads
XMAward-winning broker with extensive educational offerings
At a glance
The key differences
| Criterion | Exness | XM |
|---|---|---|
| Platforms | MT4, MT5, Exness Terminal, Exness Trade App | MT4, MT5, XM App |
| Product types | Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies | Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs |
| Options trading | No | No |
| Fee model | From 0.0 pips (Raw Spread), spread-based (Standard) | From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero) |
| Minimum deposit | 10 $ | 5 $ |
| Regulation | FCA/CySEC/FSA | CySEC/ASIC/DFSA |
| More information | Details | Details |
Platforms
Exness
MT4, MT5, Exness Terminal, Exness Trade App
XM
MT4, MT5, XM App
Product types
Exness
Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies
XM
Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
Options trading
Exness
No
XM
No
Fee model
Exness
From 0.0 pips (Raw Spread), spread-based (Standard)
XM
From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Minimum deposit
Exness
10 $
XM
5 $
Regulation
Exness
FCA/CySEC/FSA
XM
CySEC/ASIC/DFSA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
ExnessXMFrom 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
- Published fee
- From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
- Minimum deposit
- 5 $
- Inactivity
- $5/month after 90 days of inactivity
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Exness and XM, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Exness | XM |
|---|---|---|
| Custody and account fee per year | —Inactivity fee not confirmed on an official page | US$0Active: 0. Dormant (≥90 days no trading): USD 5/month or remaining free balance |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: exness.com · xm.com
Execution quality
Order type, venue and liquidity affect execution.
ExnessCheck the provider’s execution policy and available order types for your account.
Provider informationXMCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
ExnessForexMetalsCrypto CFDsIndicesStocks CFDsEnergies
XMForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
ExnessMT4 · MT5 · Exness Terminal · Exness Trade App
Exness offers MetaTrader 4 and MetaTrader 5 as proven trading platforms with full EA support and algorithmic trading. The proprietary Exness Terminal is a web-based platform with a modern interface and intuitive operation. The Exness Trade App enables mobile trading with complete account management. All platforms support the instant order execution for which Exness is known.
Explore platformXMMT4 · MT5 · XM App
XM offers MetaTrader 4 and MetaTrader 5 as main platforms, complemented by the proprietary XM App for mobile trading. MT4 excels through stability and broad EA support, while MT5 offers enhanced analytical tools and more timeframes. The XM App provides quick access to all trading accounts and integrates market news and analyses. All platforms support trading across over 1,000 instruments.
Explore platformExness
Exness international entity (e.g. Exness (SC) Ltd, Seychelles) – not verified this run
- Supervisor
- FSA Seychelles (not verified)
- Investor compensation
- No EU investor compensation (offshore entity); not verified for this entity
- Cash
- No deposit guarantee; segregation not verified for this entity
XM
Trading Point of Financial Instruments Ltd (Cyprus)
- Supervisor
- CySEC
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
ExnessFor experienced traders outside the EU looking for very tight spreads and high leverage — without EU supervision or EU investor compensation.
- Instant withdrawals
- Very low minimum deposit ($10)
- High leverage available (up to 1:Unlimited)
- No real stocks
- High leverage can be risky
XMFor EU clients: XM trades through a Cyprus entity regulated by CySEC. Watch the dormant-account fee after 90 days without trading.
- Over 1,000 tradable instruments
- Extensive webinars and education
- Low minimum deposit ($5)
- CFD trading only
- Inactivity fee after 90 days
Find the broker that fits
Exness oder XM?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Exness and XM do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Where the price comes from
How several bank quotes become one spread on your screen
Open the lesson →Your questions
Frequently asked questions
How do fees differ between Exness and XM?
Exness: From 0.0 pips (Raw Spread), spread-based (Standard). XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Exness or XM?
Exness offers Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies. XM offers Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs.
How are Exness and XM regulated?
The broker profiles list FCA/CySEC/FSA for Exness and CySEC/ASIC/DFSA for XM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Exness or XM better for beginners?
Exness lists a 10 $ minimum deposit and offers MT4, MT5, Exness Terminal, Exness Trade App. XM lists 5 $ and offers MT4, MT5, XM App. Compare usability, available products and costs for your intended use.
Exness vs XM: Which broker is better overall?
The choice between Exness (4.2/5, 1400 reviews) and XM (4.1/5, 1800 reviews) depends on your needs. Exness: High-volume broker with instant withdrawals and low spreads. XM: Award-winning broker with extensive educational offerings.
How do spreads compare between Exness and XM?
Exness offers typical spreads of EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard). XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do Exness or XM charge an inactivity fee?
Exness: no inactivity fee. XM: $5/month after 90 days of inactivity.
Your next step
Your next step
ExnessHigh-volume broker with instant withdrawals and low spreads
Open accountRead reviewXMAward-winning broker with extensive educational offerings
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.