XM vs Exness
What each one charges, who licenses it, and how they rank against each other country by country.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
Exness isn't on any of our country lists, because none of its licensed companies is allowed to take clients from the 14 countries we cover. That rules out a head-to-head ranking. XM is on our lists in 8 countries.
We haven't found a fee they both publish in a way we can compare fairly, so the table below just shows what each one charges.
- Both run much of their business through offshore companies, where client protection is usually weaker.
- We list XM in 8 of the 14 countries we cover, and Exness in none of them.Edge: XM
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Forex brokers
| Country | XM | Exness |
|---|---|---|
| Austria | #13 of 2858/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Croatia | #11 of 2658/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Cyprus | #12 of 2858/100Locally licensed Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Germany | #14 of 2958/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Italy | #14 of 3158/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Netherlands | #13 of 2858/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Portugal | #13 of 2958/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Spain | #14 of 2958/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
CFD brokers
| Country | XM | Exness |
|---|---|---|
| Austria | #15 of 3058/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Croatia | #13 of 2858/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Cyprus | #14 of 3058/100Locally licensed Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Germany | #16 of 3158/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Italy | #16 of 3358/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Netherlands | #15 of 3058/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Portugal | #15 of 3158/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
| Spain | #16 of 3158/100EU passport Trading Point of Financial Instruments Ltd · CySEC | Not listed |
Fees and features side by side
| XM | Exness | |
|---|---|---|
| Products | Forex, CFDs | Forex, CFDs |
| Owner | Trading Point Holdings Ltd | Not verified yet |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| Inactivity fee | Not verified yet | Not verified yet |
| Withdrawal fee | None | Not verified yet |
| Minimum deposit | $5 (Trading Point of Financial Instruments Ltd) | Not verified yet |
| Instruments | 1,000+ | 200+ |
| Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, Exness Trade app, Exness Terminal, MetaTrader WebTerminal |
| Deposit methods | Not verified yet | Not verified yet |
| Withdrawal time (stated) | processed within 24 hours (1 business day) once verified | Not verified yet |
| Demo account | Yes | Yes |
| Support | live chat · 24/7 | Not verified yet |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (XM, Exness).
Licences
XM vs Exness: common questions
Which is better, XM or Exness?
Exness isn't on any of our country lists, because none of its licensed companies is allowed to take clients from the 14 countries we cover. That rules out a head-to-head ranking. XM is on our lists in 8 countries. For reference, XM's best ranking is #11 of 26 forex brokers in Croatia, and Exness isn't rated on any of our lists yet.
Is XM cheaper than Exness?
We haven't been able to compare their fees like for like yet. The fees table on this page shows what each one publishes.
Can I use both XM and Exness where I live?
We list XM in 8 of the 14 countries we cover, and Exness in none of them.