Exness vs FP Markets

Exness vs FP Markets Comparison Table 2024
Exness	FP Markets
Review 4.2	Review 4

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.	FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
Customer Reviews
4 Based on 1 Exness customer reviews
Comment by Reviewer
"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."	"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."
Pros
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	Regulated and reputable broker with ASIC and CySEC oversight Tight spreads available on both the standard and raw spread account Good range of additional tools and features including educational content, Myfxbook and Autochartist Excellent line-up of charting platforms including MT4, MT5, cTrader and TradingView Bespoke copy trading platform High leverage up to 1:500
Cons
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	$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers
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	Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Trading Platforms
Exness Trade App MT4 MT5 TradingCentral	MT4 MT5 cTrader TradingView AutoChartist TradingCentral
Payment Methods
Bitcoin Payments Boleto Credit Card Mastercard Visa Wire Transfer	Credit Card Dragonpay FasaPay Mastercard Neteller Perfect Money Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA, CySEC, FCA, FSCA, FSC, CBCS	ASIC, CySEC, ESMA
Margin Trading
Yes	No
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
4.3
iOS App Rating
4.4
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
Yes	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	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	USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange
Commodities
Corn Gold Silver	Aluminium Copper Corn Gold Iron Natural Gas Oil Palladium Platinum Silver Soybeans Steel Wheat
CFD Trading
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.	FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.
Leverage
1:2000	1:30 (UK), 1:500 (Global)
FTSE Spread
15.1	1.64
GBPUSD Spread
0.1	1.9 average
Oil Spread
1.0	0.04
Stocks Spread
0.7	Variable
Forex Trading
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.	FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.
GBPUSD Spread
0.1	1.9
EURUSD Spread
0.0	1.1
EURGBP Spread
0.4	1.7
Assets
97	60+
Currency Indices
	USD
Cryptocurrency
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.	Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.
Spread
Floating	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	ADA BCH BTC DOG DOT EOS ETH LNK LTX XRP SOL XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Exness vs	FP Markets vs