FXCC vs Exness
FXCC provides traders with one of the most simplified and competitive environments, consisting of the core MT4 trading platform and one ECN account type for all traders. The MAM module caters to account managers, and there are no minimum deposit requirements, while FXCC maintains execution transparency, where its deep liquidity prevails. Beginners benefit from quality research, including trading signals, and a basic introductory education course.
Exness maintains the out-of-the-box MT4/MT5, upgraded via Trading Central, alongside its lightweight, web-based alternative and a mobile app with integrated 24/7 customer support. It publishes quality market commentary on its blog, and Exness also developed a proprietary social trading service.
We have conducted an in-depth review of FXCC and Exness to determine which one presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- FXCC versus Exness - Verdict
Headquarters | Cyprus | Cyprus |
Regulators | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA | CySEC, VFSC |
Tier 1 Regulator(s)? | N/A | |
Owned by Public Company? | N/A | |
Year Established | 2008 | 2010 |
Execution Type(s) | Market Maker | ECN/STP, No Dealing Desk |
Minimum Deposit | $10 (based on the account type) | $50 |
Negative Balance Protection | N/A | |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4 |
Average Trading Cost EUR/USD | 0.6 pips | N/A |
Average Trading Cost GBP/USD | 0.7 pips | N/A |
Average Trading Cost WTI Crude Oil | 6.7 pips | N/A |
Average Trading Cost Gold | 11.3 pips | N/A |
Retail Loss Rate | Undisclosed | N/A |
Minimum Raw Spreads | 0.0 pips | N/A |
Minimum Standard Spreads | 0.3 pips | N/A |
Minimum Commission for Forex | $7.00 per 1.0 standard round lot | N/A |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
Get Started | Get Started |
Features and Platforms
MT4 | ||
MT5 | ||
MT4/MT5 Add-Ons | N/A | |
cTrader | ||
Proprietary Platform | ||
Automated Trading | ||
Social/Copy Trading | N/A | |
DOM? | N/A | |
Guaranteed Stop Loss | ||
Scalping | ||
Hedging | ||
One-Click Trading | N/A | |
OCO Orders | ||
Interest on Margin | ||
Get Started | Get Started |
FXCC grants a 100% first deposit bonus and free VPS hosting for qualifying traders. Both provide corporate services, and Exness maintains a high-paying partnership program with $660M+ in payouts.
Available Markets
Currency Pairs | N/A | |
Cryptocurrencies | N/A | |
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | N/A | |
Bonds | N/A | |
ETFs | ||
Futures | N/A | |
Synthetics | N/A | |
Get Started | Get Started |
FXCC and Exness are competitive Forex brokers at their core, where the former lists 70+ currency pairs versus 100+ at the latter, one of the widest selections in the industry. Both offer rudimentary cross-asset diversification, but Exness covers liquid equity CFDs, unavailable at FXCC. The cryptocurrency coverage at Exness is also notably broader than at FXCC.
Typical Spreads and Fees
Average Trading Cost EUR/USD | 0.6 pips | N/A |
Average Trading Cost GBP/USD | 0.7 pips | N/A |
Average Trading Cost WTI Crude Oil | 6.7 pips | N/A |
Average Trading Cost Gold | 11.3 pips | N/A |
Average Trading Cost Bitcoin | 161.1 pips | N/A |
Minimum Raw Spreads | 0.0 pips | N/A |
Minimum Standard Spreads | 0.3 pips | N/A |
Minimum Commission for Forex | $7.00 per 1.0 standard round lot | N/A |
Deposit Fee | N/A | |
Withdrawal Fee | N/A | |
Inactivity Fee | No | N/A |
Get Started | Get Started |
While both brokers provide traders with highly competitive trading costs, FXCC maintains the lower overall pricing environment, as it is a rare broker granting access to raw spreads commission-free. Average trading fees for major currency pairs at FXCC are $5.00 per lot versus $8.00 at Exness.
Security and Trust
Country of the Regulator | Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao | N/A |
Name of the Regulator | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA | CySEC, VFSC |
Regulatory License Number | SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162 | N/A |
Get Started | Get Started |
FXCC and Exness segregate client deposits from corporate funds, offer negative balance protection, and have a clean operational record. FXCC serves most international traders from its unregulated but duly registered Vanuatu subsidiary, company registration number 14576. The UK and Cyprus subsidiaries of Exness only provide B2B services and do not offer account and trading services. Exness is a Financial Services Commission member, protecting clients up to €20,000. FXCC and Exness established trustworthy reputations.
FXCC vs Exness – Verdict
FXCC
Pros | Cons |
Commission-free raw spreads from 0 pips with average cost of 0.5 pips | Equity trading not available |
One account type with no minimum deposits and high leverage | |
Quality education for beginner traders and daily trading signals | |
Full support for algorithmic and social |
Exness
Pros | Cons |
Outstanding choice of currency pairs and balanced asset selection | Limited deposit and withdrawal methods |
Competitive trading commission-free trading costs | |
High-quality trading tools, research, and education for beginner traders | |
High leverage, deep liquidity, plus superb regulatory and security environment |
Exness maintains a competitive trading environment for algorithmic and social traders, with deep liquidity and excellent order execution statistics, placing it among industry-leading execution brokers. Both brokers offer quality trading tools, research, and beginner educational resources. Overall, FXCC trumps Exness due to lower trading costs, making it an ideal broker for algorithmic and high-frequency traders and scalpers.
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FAQs
How long does Exness withdrawal take?
Exness offers instant withdrawals, which take seconds without manual approval by its finance department, for qualifying payment processors and clients. Bank wires and credit card withdrawals may take up to ten business days.
Is Exness a good Forex broker?
Exness belongs to the most competitive Forex brokers globally, with 100+ currency pairs, low trading costs, and super order execution statistics, confirming deep liquidity.
Is FXCC regulated?
Yes, FXCC has regulatory oversight from CySEC for EEA-resident traders. It caters to all non-EEA traders from its unregulated but duly registered Vanuatu subsidiary with highly competitive trading conditions.
Is FXCC an ECN broker?
Yes, FXCC is an ECN broker with a highly competitive trading environment, deep liquidity, and low trading fees.