Head-to-head · 2026
XM vs Exness
XM and Exness finish level on our overall score. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at XM.
| Feature | XM | Exness |
|---|---|---|
| Overall score | 4.1 | 4.1 |
| EUR/USD standard spread | 1.6 pips | 1.0 pips |
| Raw account | 0.1 + $7 | 0.0 + $7 |
| Cheapest cost per lot | $8.0 | $7.0 |
| Minimum deposit | $5 | $10 |
| Tier-1 regulators | CySEC, ASIC | FCA, CySEC |
| All regulators | CySEC, ASIC, DFSA, FSCA, FSC (Belize) | FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya) |
| Founded | 2009 | 2008 |
| Currency pairs | 55+ | 100+ |
| Max leverage | 1:1000 (1:30 EU retail) | Up to 1:2000 (offshore) |
| Platforms | MT4, MT5, XM App | MT4, MT5, Exness Terminal, Exness Trade App |
| Copy trading | Yes | Yes |
| Swap-free accounts | Yes | Yes |
| US clients | No | No |
Highlighted cells mark the better value where one is clearly better. Data checked October 2026.
Category by category
Costs: XM vs Exness
Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at XM. On its standard, commission-free account XM quotes around 1.6 pips on EUR/USD. On its standard, commission-free account Exness quotes around 1.0 pips on EUR/USD. Both offer raw-spread pricing: XM at $7 and Exness at $7 per round-turn lot.
Regulation and safety
XM is regulated by CySEC, ASIC, DFSA, FSCA, FSC (Belize). Exness is regulated by FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya). XM scores higher for trust in our methodology. Both are available in South Africa and Most other countries. Only XM serves European Union, Australia.
Platforms
Both support MT4, MT5. XM offers MT4, MT5, XM App; Exness offers MT4, MT5, Exness Terminal, Exness Trade App.
Which should you choose?
Choose XM if…
- very low $5 minimum deposit and micro accounts
- excellent free education, webinars and daily analysis
- mT4 and MT5 on every account type
Choose Exness if…
- automated instant withdrawals on most payment methods
- tight spreads on gold (XAU/USD) and major pairs
- low $10 minimum deposit on Standard accounts
Frequently asked questions
Is XM better than Exness?
XM and Exness finish level on our overall score. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at XM.
Which is safer, XM or Exness?
XM scores higher for trust (4.2 vs 4.1), with tier-1 regulation from CySEC, ASIC.
Which has the lower minimum deposit?
XM has the lower minimum at $5, compared with $10.
Do XM and Exness both offer MetaTrader?
XM: MT4, MT5. Exness: MT4, MT5.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.