E-Trade vs Exness

E-Trade vs Exness Comparison Table 2024
E-Trade Exness
3.3
4.2

E-trade is a one-stop shop that provides both investment and trading opportunities to clients through four proprietary platforms and apps. The firm has decades of experience and is authorized by the SEC. Investors can benefit from ready-made portfolios or open a do-it-yourself account to choose from stocks, funds, ETFs, futures and bonds; traders can access margin trading on stocks, options and futures.

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

Customer Reviews
1
4
Bonus Offer
Commission Free Trades
Comment by Reviewer
"E-trade provides great service to anyone who wants to grow their wealth both through long-term investments and shorter-term trading, thanks to a diverse and flexible range of products. " "Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."
Pros
  • Trade US stocks, ETFs and mutual funds with no commissions
  • Build an investment portfolio and trade stocks and derivatives through one broker
  • Good selection of extra features including data feed with input from leading third-party providers
  • Regulated by top US organizations including the SEC
  • Competitive fees and a transparent pricing structure
  • Very diverse range of assets to invest and trade
  • The broker is accessible for beginners with low minimum deposits from $10 and flexible payment methods
  • Experienced strategy providers can open social trading accounts, with monthly commissions up to 50%
  • There's a strong range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions
  • Top-tier licensing with the FCA and CySEC and a strong reputation with over 10 years in business
  • Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Highly competitive spreads are available from 0.1 pips and low commissions from $3.50 per side
  • There's excellent 24/7 multilingual customer support via telephone, email and live chat
  • Local payments are available, plus deposits in BTC and USDT
  • Unlike many other brands, Exness doesn't charge any account maintenance or inactivity fees
  • The broker offers fast execution speeds for short-term traders, averaging under 25ms
Cons
  • High commissions on some products
  • High threshold to qualify for the pro platform
  • No fractional shares
  • No demo account
  • No forex trading
  • There are no promotional deals or loyalty schemes for high-volume day traders
  • There are several regional restrictions for retail traders including the USA, Europe and the UK
  • Unlike most competitors, Exness doesn't provide its own education section
Awards
  • Most People-Centric Broker at Traders Summit 2022
  • Global Broker of the Year at Traders Summit 2022
  • Best Customer Support Award at Financial Markets Expo Cairo 2021
  • Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
  • Most Innovative Broker at Dubai Expo 2021
Instruments
Stocks, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$500 $10
Trading Platforms
  • MT4
  • Exness Trade App
  • MT4
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
SEC FSA, CySEC, FCA, FSCA, FSC, CBCS
Margin Trading
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows iOS & Android
Android App Rating
4.3
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • DKK
  • CHF
  • HKD
  • SGD
  • AED
  • SAR
  • HUF
  • NGN
  • THB
  • VND
  • UAH
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Exness offers a selection of CFDs covering forex, stocks, indices, commodities and cryptos, with leverage up to 1:200. Accounts are geared mainly towards experienced day traders, with over 100 technical indicators available in the broker’s proprietary terminal.
Leverage
1:2000
FTSE Spread
N/A 15.1
GBPUSD Spread
N/A 0.1
Oil Spread
0.06 pips 1.0
Stocks Spread
0.2% Var 0.7
Forex Trading
Forex trading not offered An impressive range of around 100 forex pairs are available, more than most other brands. Spreads on major pairs are also tight, from 0.1 pips. Additionally, the broker offers an excellent suite of forex analysis tools, including market news by FXStreet.
GBPUSD Spread
0.1
EURUSD Spread
0.0
EURGBP Spread
0.4
Assets
97
Cryptocurrency
Crypto trading not offered There is a small range of popular crypto tokens paired with fiat currencies available, with zero swap fees and no commissions in the Standard account. Trading is available via desktop or mobile apps, and deposits via crypto are also available in some countries.
Spread
Floating
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • SOL
  • SNX
  • UNI
  • BAT
  • DOT
  • XTZ
  • ADA
  • BNB
  • ENJ
  • FIL
  • DOGE
  • COMP
  • THETA
  • AAVE
  • LINK
  • IOST
  • CAKE
  • MATIC
  • HT
  • MANA
  • HBAR
  • INCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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