I’ve traded with Exness and Forextime, and I know both are great forex brokers, so I’ve gathered the features of both brokers to help those deciding whether to trade with Exness or FXTM.
Exness vs FXTM (ForexTime): General Information
|Offices||Cyprus, Seychelles, and United Kingdom||Belize, Cyprus, Mauritius, South Africa, and the United Kingdom|
|Regulation||FSCA (South Africa), 51024 CySEC 178/12 FCA (UK), 730729 FSA (Seychelles), SD025||FCA (UK) 777911 CySEC, 185/12 FSCA (South Africa), 46614 FSC (Mauritius), C113012295|
|Commissions (ECN/Pro Accs)||$3.50||$2|
|Minimum Trade Size||0.01 lot||0.01 lot|
|Maximum Trade Size||200 lots||2000|
|Maximum number of open trades||Unlimited|
|Funding Methods||Bitcoin, Credit/debit cards, Neteller, Perfect Money, Skrill, Tether (USDT), WebMoney, Wire transfer, Local funding options, Mobile Money, M-Pesa, etc.||Bitcoin, Credit/debit cards, DIXIPAY, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire transfer, Yandex Money, Local funding options, Mobile Money, M-Pesa, etc.|
|Official Website||Exness Website||ForexTime (FXTM) Website|
FXTM vs Exness: Account Types
|Swap-free Islamic Account||Yes||Yes|
|Social / Copy Trading||Yes||Yes|
Exness vs FXTM (ForexTime): Trading Instruments
|Stocks and Indicies||81||Yes|
|Metals and energies||12||5|
Exness vs FXTM (ForexTime): Trading Platforms
|Mobile Trading Apps||Yes||Yes|
FXTM vs Exness: Trading Conditions
Exness vs FXTM (ForexTime): Broker Benefits
|Free trader education||Yes||Yes|
Exness vs FXTM (ForexTime): Customer Care
|Supported Languages||Arabic, Bengali/Bangla, Chinese, English, French, German, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese||Arabic, Chinese, Czech, English, French, Hindi, Indonesian, Italian, Korean, Malay, Persian, Polish, Russian, Spanish, Thai, Turkish, Urdu, Vietnamese|
|Join Exness||Join FXTM|
Which forex broker to trade with, Exness or FXTM?
In this FXTM and Exness comparison, I’ve laid down the facts; it should be easier for you now to decide which of the two forex brokers to trade with.
If you go down to the most important things I look for in a broker (apart from regulation and platform reliability), I will go with Exness.
Exness has better spreads than FXTM in both the standard and ECN or Pro accounts
Exness offers more funding methods, especially local funding solutions in your local currency.
Exness withdrawals are automated; depending on the funding method, you can instantly receive money in your account.
Want to trade 247 – with Exness, you can trade through the week, Monday to Monday. Trade currencies Monday to Friday, then continue trading Bitcoin and other cryptocurrencies on Saturday and Sunday.
There is no need to take my word for it; try each broker’s trading platform and conditions with the free demo accounts.