Exness vs Forex.com Compared for 2024

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Ryan Hardy sitting before his forex trading desk
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Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. Exness and Forex.com are top-tier regulated brokers providing online trading services worldwide. Exness is known for its social trading and multi-asset platform, regulated in two tier-1 jurisdictions, one tier-2 jurisdictions, and four tier-4 jurisdictions, including  FSA-S , CBCS , FSC Mauritius, FSCA , CySEC , FCA ,BVI FSC. On the other hand, Forex.com specializes in online forex trading, regulated by six tier-1 jurisdictions including ASIC , FCA , JFSA ,NFA ,IIROC , MAS. While these brokers offer similar services, they each have their own strengths and weaknesses.

In this article, I have compared Exness and Forex.com in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.

Exness vs Forex.com: In a Nutshell

Exness:

Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3 pips. The broker is regulated by FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, and FSA in Seychelles. However, Exness does not have ASIC regulation. To learn more, you can read our review on Exness.

Exness Overview

Exness Overview
  • Founded In: 2008
  • Founder: Petr Valov, Igor Lychagov
  • Headquarters: Limassol, Cyprus
  • Trading Instruments: 200+ Trading Instruments including Forex, CFDs, Cryptocurrencies, Stocks CFDs, Commodity CFDs
  • Minimum Deposit: as low as $1 for standard accounts, $200 for Pro, Raw Spread, and Zero accounts.
  • Maximum Leverage: 1:Unlimited (condition apply)  or 1:2000 for FCS, CFCS, 1:30 for ASIC, CySEC jurisdiction, 1:400 for CMA Jurisdiction
  • Regulations: FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, FSA in Seychelles
  • Trading platform: MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile,  Exness Trade App, Exness Terminal
  • Account Types: Standard, Pro, Raw Spread, Zero
  • Payment Options: VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether (USDT), WebMoney
  • Funding Currencies : AED, ARS, AUD,  AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP,  PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR,
  • US Traders: Not Accepted

Forex.com:

Founded in 2001 as part of Gain Capital Holdings, Forex.com is a well-established forex and CFD broker offering online trading services to retail traders worldwide. With over 4,500 trading instruments, including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver, Forex.com is a major player in the industry. It is regulated by top authorities such as the FCA, DFSA, FSCA, FSA (Seychelles), CMA, and CySEC.

The broker provides popular trading platforms and tools like MT4, MT5, WebTrader, MobileTrader, TradingView, Capitalise.ai, Active Trader, VPS, and more. Forex.com is a wholly-owned subsidiary of StoneX, a NASDAQ-listed company with assets exceeding $7.1 billion, offering institutional-grade financial services networks that connect people to global markets.To learn more, you can read our review on Forex.com

Forex.com Overview

Forex.com Overview
  • Founded In: 2001
  • Founder:  Gain Capital
  • Headquarters: United States
  • Minimum Deposit: $50
  • Maximum Leverage: 50:1
  • Regulations:FCA, DFSA, FSCA, FSA(Seychelles), CMA, and CySEC
  • Trading platform:Mobile App, Web Trader, Meta Trader 5
  • Account Types: 2, (Standard, Raw Spread) 
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, ACH Payments (echeck)
  • US Traders: Accepted

Exness vs : Forex.com Features

Exness:

  • Trading Instruments: 200+ trading instruments including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: up to Unlimited :1 
  •  Minimum Deposit: $1 
  • Account Types: Exness offers 5 different types of accounts including Standard, Standard Cent account, Pro,  Raw Spread, Zero accounts 
  • Fees: starting from 0.2 pips for a standard account, 0.3 pips for a standard cent account, 0.1pip for a pro account, up to 3.50 per Lot per one side for a raw spread account, 0.05/lot per side for a zero account,
  • PAMM/ MAM:  Not Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Forex.com:

  • Trading Instruments: 4500+Trading instruments including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver
  • Maximum Leverage: The maximum leverage of forex.com is  50:1 for US clients, 30:1 for EU Clients, 400:1 for CMA clients, and 200:1 for Global clients. 
  • Minimum Deposit: $100
  • Trading Fees: Starting from  1.2 pips spreads for Standard account or 7$per lot round trip for Raw account
  • MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Exness vs Forex.com: Pros and Cons

Exness:

Pros
  • Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on. 
  • The maximum leverage is as high as 1:unlimited or 1:2000
  • The minimum deposit is as low as $1 or depends on payment methods
  • Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
  • Competitive spreads starting from 0.2 pips on standard accounts
  • Swap-Free/Islamic Account Provided
  • Scalping, EA Trading, and Copy Trading are allowed 
  • Instant Withdrawal of Money 24/7
Cons
  • No Passive investment programme ( PAMM, MAM Accounts) 
  • No Ctrader, Tradingview, zulutrade offered 
  • US Traders are not accepted 
  • Only MT4 and MT5 Trading Platforms 
  • Limited educational resources

Forex.com:

Pros
  • Regulated by NFA, FCA, ASIC, CySEC,  IIROC, FSA, CIMA, MAS, 
  • Top-rated forex and CFD broker in the USA 
  • Free demo account for prospective traders
  • Crypto Trading available on MT5 Trading Platforms 
  • Offers protection for U.K./E.U. client accounts
  • VPS hosting for automated strategies
  • Offers MAM account for passive investors 
  • Low forex fees, no FX commissions
Cons
  •  You can not deposit less than $100
  •  Maximum leverage is 1:50
  • No account protection for U.S. clients
  • An inactivity fee applied after 12 months of no account activity
  • Non-user-friendly desktop platform
  • Cannot buy and sell other securities (like stocks and bonds)
  •  

Exness vs Forex.com: Side-by-Side Comparison

Exness
Forex.com
Product
Product
Exness
Forex.com
Founded In
Founded In
2008
2001
Founded By
Founded By
David Morris
GAIN Capita
Headquarters
Headquarters
Limassol, Cyprus
New Jersey,United States
Regulations
Regulations
CMA, CySEC, FSA-Seychelles, CBCS, FSC in BVI, FSCA, FSC in Mauritius,CMA
CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO
Min Deposit
Min Deposit
$1
$100
Max Leverage
Max Leverage
1: Unlimited
50:1
Tradable Assets
Tradable Assets
Forex , Commodities, Stock ,Indices , Crypto
Forex, Indices, Stocks , Cryptocurrency, Commodities , Gold and Silver
Fees
Fees
as low as 0.1 pips or commission upto $3.5 each side per lot
Spread starting from 0.8 pips or commission $5
Platforms and Tools
Platforms and Tools
MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App , Exness Terminal
Mobile App, Web Trader, Meta Trader 5
US Traders
US Traders
Not Allowed
Allowed

Exness Vs Forex.com: Our Scores and Ratings

We rated both brokers, Exness and Forex.com, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

Exness:

9.1
Exness Scores
Regulation and Security (40%)9.3
Fees and Commissions (20%)9.5
Trading (15%)8
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)9

Forex.com:

9
Forex.com Scores
Regulation and Security (40%)10
Fees and Commissions (20%)8
Trading (15%)9
Trading tools (10%)8
Customer Support (10%)8
Trading Education (5%)9

Final Verdict:

Both Exness and Forex.com are regulated online trading platforms in the industry, offering services to traders and investors. However, there are some differences between them. Exness is a multi-asset and social trading platform, providing trading instruments, including forex CFD,commodities CFD,stocks CFD,indices CFD,crypto CFD. It offers both leverage and non-leverage tradable assets. On the other hand, Forex.com is a forex and CFD broker offering over forex,indices,stock,cryptocurrency,commodities, gold and silver. 

Our score for Exness is 9.1, and for Forex.com, it is 9.0 (based on our research; a score above 8 is considered safe and trustworthy). If you are seeking a social trading platform where you can copy other successful traders and have a one-stop solution for various types of trading, you may choose Exness. However, if you prefer online forex and CFD brokers, you may choose Forex.com.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

Fact Checked by
Ryan Hardy is a Content Writer, Researcher, and Fact Checker at Brokersway. Specializing in forex trading, he focuses on ensuring accuracy in information related to broker regulations, scams, and safety measures. With a commitment to transparency, Ryan plays a vital role in providing traders with reliable insights into the world  of forex brokers
Edited by

Richard Walz, a seasoned content writer and broker’s research specialist, is your go-to authority for decoding online forex brokers and trading platforms. As an editor, he ensures precision and clarity, offering traders valuable insights on Brokersway, a trusted resource for informed decision-making in the dynamic world of currency trading. Richard's role as an editor ensures that the information presented is not only accurate but also presented in a manner that resonates with traders seeking clarity in making better decision.

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