FXPro vs. Exness
FXPro & Exness Comparison
FXPro and Exness are leading global Forex brokers, but which one should you trust your Forex portfolios with?
I have conducted an in-depth review of FXPro vs. Exness to determine which presents the better overall choice and which traders will benefit the most at either broker.
Headquarters | United Kingdom | Cyprus |
Regulators | N/A | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2006 | 2008 |
Execution Type(s) | No Dealing Desk | Market Maker |
Minimum Deposit | $100 | $10 (based on the account type) |
Negative Balance Protection | N/A | |
Trading Platform(s) | Other, MetaTrader 4, MetaTrader 5, cTrader+ | MetaTrader 4, MetaTrader 5, Proprietary platform |
Average Trading Cost EUR/USD | 1.3 pips | 0.6 pips |
Average Trading Cost GBP/USD | 1.5 pips | 0.7 pips |
Average Trading Cost WTI Crude Oil | $0.03 | 6.7 pips |
Average Trading Cost Gold | $0.29 | 11.3 pips |
Retail Loss Rate | N/A | Undisclosed |
Minimum Raw Spreads | N/A | 0.0 pips |
Minimum Standard Spreads | N/A | 0.3 pips |
Minimum Commission for Forex | N/A | $7.00 per 1.0 standard round lot |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
Get Started | Get Started |
Here is a snapshot of the most notable advantages of FXPro:
- NDD Forex broker with deep liquidity via proprietary liquidity aggregator Quotix
- Average order execution speed of 13 milliseconds
- Order execution of 7,000+ per second
- 84.3% of order with no or positive slippage
- Trading Central plugin for MT4/MT5
- Cutting-edge proprietary trading platform and mobile app
Here is a snapshot of the most notable advantages of Exness:
- Ultra-low trading fees
- Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices
- $5+ trillion in monthly trading volume
- 1.9 billion executed trades in 2023
- 800,000+ active traders
- 64,000+ partners
- Instant withdrawals
- VPS hosting and API trading
- Deep liquidity and excellent order execution
Features & Platforms
MT4 | ||
MT5 | ||
MT4/MT5 Add-Ons | N/A | |
cTrader | ||
Proprietary Platform | ||
Automated Trading | ||
Social/Copy Trading | N/A | |
DOM? | ||
Guaranteed Stop Loss | ||
Scalping | ||
Hedging | ||
One-Click Trading | ||
OCO Orders | ||
Interest on Margin | ||
Get Started | Get Started |
Available Markets
Currency Pairs | N/A | |
Cryptocurrencies | N/A | |
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | ||
Bonds | N/A | |
ETFs | ||
Futures | ||
Synthetics | ||
Get Started | Get Started |
Both Forex brokers offer a balanced asset selection. FXPro has more overall trading instruments, but here is why Exness is a better choice for Forex traders:
- More currency pairs than FXPro
- Cryptocurrency CFDs with multiple Bitcoin-fiat crosses, ideal for Forex traders
- Swap-free trading on all Forex majors and crypto CFDs
- Flexible leverage settings
Typical Spreads & Fees
Average Trading Cost EUR/USD | 1.3 pips | 0.6 pips |
Average Trading Cost GBP/USD | 1.5 pips | 0.7 pips |
Average Trading Cost WTI Crude Oil | $0.03 | 6.7 pips |
Average Trading Cost Gold | $0.29 | 11.3 pips |
Average Trading Cost Bitcoin | $38 | 161.1 pips |
Minimum Raw Spreads | N/A | 0.0 pips |
Minimum Standard Spreads | N/A | 0.3 pips |
Minimum Commission for Forex | N/A | $7.00 per 1.0 standard round lot |
Deposit Fee | N/A | |
Withdrawal Fee | N/A | |
Inactivity Fee | N/A | No |
Get Started | Get Started |
FXPro and Exness offer commission-free and commission-based pricing environments, but which Forex broker is cheaper?
Exness trading fees are over 50% lower than FXPro trading fees in commission-free accounts and over 90% in commission-based accounts. Therefore, Exness is the better choice.
Account Types
Traders get demo accounts and swap-free trading accounts at both Forex brokers. FXPro traders must use cTrader if they want competitive trading fees, which Exness makes available on all trading platforms.
Noteworthy Account Structure Differences Between Fxpro and Exness
Here is what stands out the most:
- Exness has more account type choices
- Exness has lower trading fees, resulting in more profits per trade
Minimum Deposit
How Difficult Is It to Deposit at Fxpro Vs. Exness?
Exness is more accessible, as it does not have a minimum deposit requirement, which depends on the payment processors, but the best-priced accounts require a $500 minimum deposit. FXPro has a $100 minimum deposit requirement.
Exness makes depositing easier due to better payment processor choices and supported deposit currencies.
Minimum Withdrawal
Which Withdrawal Process Is Better: Fxpro or Exness?
While neither FXPro nor Exness charges internal withdrawal fees, and FXPro has an industry-standard withdrawal process, Exness has the better overall withdrawal infrastructure. There is no minimum withdrawal amount, and Exness has faster withdrawal processing times, including instant to near-instant withdrawals, without manual approval for verified traders and payment processors.
Security & Trust
Country of the Regulator | The Bahamas, Cyprus, United Kingdom, South Africa | Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao |
Name of the Regulator | N/A | CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA |
Regulatory License Number | 509956, 078/07, 45052, SIA-F184 | SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162 |
Regulatory Tier | 1, 1, 2, 4 | N/A |
Get Started | Get Started |
Which Broker Is More Secure and Trustworthy?
Both brokers are industry leaders with excellent track records, segregation of client deposits from corporate funds, and negative balance protection. FXPro has €100,000,000 in Tier 1 corporate capital, while Exness is a Hong Kong-based Financial Commission member, extending an investor compensation fund of up to €20,000 to all traders. I rank FXPro and Exness as equally secure and trustworthy.
FXPro versus Exness Verdict
FxPro
Pros | Cons |
Choice of four trading platforms plus services by Trading Central for MT4/MT5 | High trading costs for non-cTrader accounts |
Deep liquidity, fast order execution, and high leverage | |
Algorithmic and social trading support plus VPS hosting | |
A competitive commission-based cost structure for cTrader |
Exness
Pros | Cons |
Instant withdrawals from a trusted broker with numerous payment processors | No beginner education |
High level of transparency and financial audits by Big Four accountancy Deloitte | |
Multi-regulated broker with outstanding order and volume statistics | |
24/7 multi-lingual customer service |
Which Forex Broker Is Better?
FXPro and Exness are two of the highest-quality Forex brokers industry-wide. They provide cutting-edge trading platforms, deep liquidity, and ultra-low-latency order execution.
My Verdict
FXPro is an excellent Forex broker, but Exness is the superior choice, as it provides traders with ultra-low Forex trading fees, including swap-free trading, and a better choice of currency pairs.
FAQs
Is my money safe with FXPro?
FXPro is a trusted Forex broker compliant with four regulators and a clean track record. Therefore, traders should consider their money safe with FXPro.
How trustworthy is Exness?
Exness established itself among the most trusted Forex brokers, as evident by its operating history, client base, and order execution statistics.
Is FXPro a good Forex broker?
FXPro is an excellent Forex broker for traders using cTrader, as it features competitive commission-based trading fees. Non-cTrader accounts have more expensive commission-free trading fees.
Which broker is better than Exness?
It depends on individual preferences, but Exness ranks among the best brokers in all categories relevant to a competitive Forex trading environment.