Exness vs FXGT

Exness vs FXGT Comparison Table 2024
Exness FXGT
4.2
3.5

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.

FXGT is an offshore broker offering leveraged CFD trading on the MT4 and MT5 charting platforms. The broker is regulated by the FSCA and the VFSC and offers segregated accounts and negative balance protection for global clients.

Customer Reviews
4
Bonus Offer
Tiered Loyalty Bonus
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." "FXGT is a good choice for clients looking to execute short-term strategies including scalping, hedging, netting and automated trading. The $5 minimum deposit makes it easy to get started and there's a range of account types for beginners and pro traders."
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
  • The MT4 and MT5 will serve day traders looking for reliable charting software
  • The broker offers free deposits and withdrawals, with fast processing
  • Beginners will appreciate the low $5 minimum deposit across all account types
  • FXGT's sponsored VPS is fully integrated into MT5 and offers 3GB RAM and 16GB disk space
  • Negative balance protection is available for global traders
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
  • The broker holds weak offshore regulatory licensing compared to alternatives
  • The broker doesn't offer any proprietary software or additional market research tools
  • There are very limited educational resources available
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
CFDs, Forex, Stocks, Indices, Commodities, Crypto CFDs on Forex, Stocks, Indices, Metals, Energies
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Trading Platforms
  • Exness Trade App
  • MT4
  • MT5
  • TradingCentral
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA, CySEC, FCA, FSCA, FSC, CBCS FSCA, VFSC, FSA
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
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 No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Android App Rating
4.3
4.4
iOS App Rating
4.4
4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
Yes No
Trade Signals
MT5
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
  • JPY
Stock Exchanges
Commodities
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. Speculate on rising or falling prices with leveraged CFDs.
Leverage
1:2000 1:1000
FTSE Spread
15.1 110
GBPUSD Spread
0.1 2.2
Oil Spread
1.0 1.1
Stocks Spread
0.7 1.2 (Apple Inc)
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. Speculate on a decent list of forex pairs with a choice of account types.
GBPUSD Spread
0.1 2.2
EURUSD Spread
0.0 2.2
EURGBP Spread
0.4 3.3
Assets
97 53
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. Crypto trading not offered
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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