TopFX vs Exness

TopFX vs Exness Comparison Table 2024
TopFX Exness
3.3
4.2
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

TopFX is a multi-regulated CFD broker with forex, indices, shares, commodities and ETFs traded via the MetaTrader 4 and cTrader platforms. Spreads are tight on the Zero account with competitive €5.50 round-turn commissions, and traders can be assured of fast execution and fair pricing from the broker's direct-market-access model.

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
4
Bonus Offer
$50 No Deposit Bonus
Comment by Reviewer
"TopFX's competitive pricing and fast execution will suit experienced forex traders looking for good value and ultra-fast trading via an STP model." "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
  • Supports powerful MT4 and cTrader platforms
  • Fast execution with average speeds below 30ms
  • Generous rebate promotions for active traders
  • Spreads from zero and low commissions
  • Full range of investments
  • Fee-free account deposits
  • Fast one-day withdrawals
  • 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
  • No demo account
  • Limited crypto trading opportunities
  • Limited educational resources or extra trading tools
  • 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
  • Best Client Trading Experience Broker - Global Forex 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
Forex, indices, shares, metals, energies, ETFs, CFDs CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
No Yes
Minimum Deposit
$50 $10
Trading Platforms
  • MT4
  • cTrader
  • Exness Trade App
  • MT4
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FCA, FSA FSA, CySEC, FCA, FSCA, FSC, CBCS
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
No Yes
DMA Account
Yes 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
Yes No
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
Yes No
Copy Trading Platform
TopFX offers low-cost copy trading tools to account holders through the cTrader platform. We like the real-time account and fund controls and the user-friendly interface which beats many alternatives.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • 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
Trade CFDs on forex, stocks, indices, energies, metals and ETFs with fast execution and leverage up to 1:30 from the ESMA branch or up to 1:500 from the offshore branch. TopFX is known for its fast execution model with no dealing desk intervention and client safeguards including segregated funds. 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
1:500 1:2000
FTSE Spread
From 1.5 15.1
GBPUSD Spread
From 0.2 0.1
Oil Spread
From 2.0 1.0
Stocks Spread
Variable 0.7
Forex Trading
Trade 60+ currency pairs including majors as well as minors and exotics. This is a good range of FX pairs with attractive trading terms and spreads from zero offered on the broker's DMA accounts. 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
From 0.2 0.1
EURUSD Spread
From 0.2 0.0
EURGBP Spread
From 0.2 0.4
Assets
90 97
Cryptocurrency
Clients with a TopFX FSA regulated account can trade six crypto CFDs. However this is a narrow range and fees aren't the lowest so we don't recommend the broker for experienced crypto traders. 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 Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • DASH
  • 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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