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.
TradeZero is a stock and ETF broker established in the Bahamas in 2015. Though the global entity is regulated offshore, the US subsidiary is overseen by FINRA with SIPC registration. The powerful proprietary trading software makes it a popular choice for active day traders.
"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 TradeZero for active stock traders looking for zero commissions, powerful software and extended hours trading."
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
ZeroPro provides access to advanced charting features, instant alerts, customizable hotkeys and, for an extra monthly fee, OTC Level 2 markets
High intraday leverage up to 1:6 for global accounts with balances of $2,499+ and up to 1:4 for US clients
Four in-house platforms including a proprietary mobile app with real-time data streaming
Simple pricing structure; free or paid stock and options orders (eligibility requirements apply)
On-demand tutorial videos and live stream market insights
The US entity is registered with the FINRA and SIPC
Innovative solution to mark unused locates for credit
Pre-market and post-market trading hours
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
TradeZero only facilitates trading US stocks, with UK, EU and other international markets unavailable
High deposit and withdrawal fees; $50 for outgoing and $25 for incoming (waived if over $500)
The TradeZero global entity has weaker regulatory oversight from the SCB of the Bahamas
A $59 monthly fee applies to the ZeroPro and ZeroWeb terminals
Customer support is available 24/7 with a responsive live chat
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
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.
CFD 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.
Forex 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.