Comparison of Exness and FXOpen
| Feature | Exness | FXOpen |
|---|---|---|
| Broker | ||
| Year Founded | 2008 | 2005 |
| Broker Type | MM, STP, ECN | MM, STP, ECN |
| Dealing | A-book, B-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | FCA, CySEC, ASIC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:500 |
| Minimum Deposit | $10 | $1 |
| Base Currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) |
| Inactivity Fee | ✖ | $10 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Metals, Energies, Cryptocurrencies |
| Review | Exness Review | FXOpen Review |
About Exness
Exness is a well-established forex and CFD broker that has been serving traders globally since 2008. Renowned for its transparency and client-centric approach, Exness offers a diverse range of trading instruments, including currency pairs, commodities, cryptocurrencies, and indices. The broker is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC), providing traders with a secure and trustworthy trading environment. One of the key strengths of Exness is its competitive trading conditions. Traders benefit from tight spreads, low commissions, and fast execution speeds, which are crucial for successful trading. Exness provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, catering to both novice and experienced traders with advanced tools and features. The broker also offers responsive customer support available in multiple languages, ensuring assistance is readily available when needed. However, it's important to note that Exness does not accept clients from certain countries due to regulatory restrictions. While the broker offers a solid range of trading instruments, some traders may find the selection less extensive compared to other brokers. Additionally, educational resources and market analysis tools are somewhat limited, which might not fully meet the needs of traders seeking comprehensive educational support.
Pros
- Provides a secure trading environment
- Tight spreads and fast execution
- Suits different trading styles and experience levels
- Access to MT4 and MT5 with advanced features
- Assistance available in multiple languages
- Includes forex, commodities, cryptocurrencies, and indices
Cons
- Does not accept clients from certain countries
- Fewer educational materials compared to some competitors
- Less extensive selection than some other brokers
- No proprietary or alternative platforms offered
About FXOpen
FXOpen is a well-established forex broker founded in 2005, recognized for its commitment to providing a transparent and reliable trading environment. Catering to both novice and experienced traders, FXOpen offers a wide range of trading instruments, including major and exotic currency pairs, commodities, indices, and cryptocurrencies. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and TickTrader, ensuring that traders have access to advanced tools and features for effective trading. FXOpen is regulated by several reputable financial authorities, which enhances its credibility and ensures the security of client funds. Additionally, FXOpen provides various account types to suit different trading styles and offers competitive spreads, leverage options, and robust customer support, making it a popular choice among forex traders worldwide.
Pros
- Regulated by multiple reputable financial authorities
- Offers MetaTrader 4, MetaTrader 5, and TickTrader
- Access to numerous currency pairs, commodities, indices, and cryptocurrencies
- Provides tight spreads and flexible leverage options
- Multiple account options tailored to different trading needs, including micro, standard, and ECN accounts
- Responsive and knowledgeable support team available through various channels
- Efficient order execution with minimal slippage
Cons
- Fewer promotional bonuses and incentives compared to some other brokers in the market
- Some accounts may charge inactivity fees if there are no trades over a certain period
Exness & FXOpen Regulation
| Feature | Exness | FXOpen |
|---|---|---|
Companies | Exness (UK) Ltd, Nymstar Limited, Vlerizo (Pty) Ltd, Tortelo Limited, Venico Capital Limited, Exness (Cy) Ltd, Exness B.V., Tadenex Limited | FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd |
Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Saint Kitts and Nevis, United Kingdom, Cyprus, Australia |
Regulators | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | FCA, CySEC, ASIC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Exness | FXOpen |
|---|---|---|
Market Maker Account | ||
| Account Name | Pro | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 30% | — |
STP Account | ||
| Account Name | Standard | STP |
| Min Deposit | $10 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.3 | 1 |
| Fee | No | No |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 0% | 30% |
| Margin Call | 60% | 50% |
ECN Account | ||
| Account Name | Raw Spread | ECN |
| Min Deposit | $200 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $7 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 0% | 50% |
| Margin Call | 30% | 100% |
Zero Account | ||
| Account Name | Zero | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 30% | — |
Cent Account | ||
| Account Name | Standard Cent | Micro |
| Min Deposit | $10 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.3 | 1 |
| Fee | No | No |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 0% | 10% |
| Margin Call | 60% | 20% |
Crypto Account | ||
| Account Name | — | Crypto |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | $100 per 1 lot |
| Max Leverage | — | 1:3 |
| Stop Out | — | 15% |
| Margin Call | — | 30% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Exness | FXOpen |
|---|---|---|
Base currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) |
Inactivity fee | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Exness | FXOpen |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView |
Execution Speed | 10 ms | 1 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | Exness | FXOpen |
|---|---|---|
Currencies | 95 | 66 |
Indices | 10 | 12 |
Stocks | 98 | 553 |
Cryptocurrencies | 11 | 41 |
Bonds | 0 | 0 |
Metals | 15 | 3 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 56 |
Education and Analytics
| Feature | Exness | FXOpen |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Contests
| Feature | Exness | FXOpen |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
- TickTrader ChallengeStart Balance: $5000 · Prize Pool: $650 · Period: MonthlyLearn More
Customer Support
| Contact | Exness | FXOpen |
|---|---|---|
Email | support@exness.com | sales@fxopen.com |
Phone | +35725030959 | +6498010123 |
Telegram | — | Telegram |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Exness and FXOpen, Exness comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.