Exness vs XM – The Clash Between Two Global Forex Giants
The Forex market is rapidly expanding, with hundreds of brokers competing to attract investors. Among them, Exness and XM stand out as two of the most reputable names – both recognized for their reliability, service quality, and large trader communities in Vietnam.
But between these two “giants,” which one is the best choice for you?
Let’s dive into a detailed comparison with True FX Review to find out which broker suits you best in 2025.
Introduction to Exness
Founded in 2008 and headquartered in Cyprus, Exness is regulated by top-tier authorities such as FCA (UK) and CySEC (Europe). The broker is known for its transparency, lightning-fast order execution, and instant withdrawals 24/7 – a rare feature in the industry.
Currently, Exness serves over 700,000 active clients monthly worldwide, with a significant portion from Vietnam.
Introduction to XM
Established in 2009, XM is part of the Trading Point Holdings Ltd group and is regulated by ASIC (Australia), CySEC (Cyprus), and FSC (Belize).
XM is well-known as a beginner-friendly broker, offering training programs, attractive bonuses, and a stable trading environment. With over 10 million registered accounts, XM is among the largest brokers globally.
Licenses & Trustworthiness
| Criteria | Exness | XM |
|---|---|---|
| Year Founded | 2008 | 2009 |
| Major Regulators | FCA, CySEC, FSCA, FSC | ASIC, CySEC, FSC |
| Trading Model | Market Maker + STP/ECN | Market Maker |
| Trust Level | Very High (transparent, fast execution) | High (strong investor protection policies) |
Trading Platforms
Both brokers support MetaTrader 4 (MT4) and MetaTrader 5 (MT5) – the two most popular trading platforms in the Forex world.
Exness:
- Ultra-fast execution speed – as low as 0.01 seconds.
- Offers WebTerminal, Mobile App, and Copy Trading features.
- The Exness Trader App is user-friendly, allowing direct account management and withdrawals.
XM:
- Simple interface – great for beginners.
- Supports multiple languages, including Vietnamese.
- Offers educational tools, technical analysis, and a real-time economic calendar.
Trading Instruments
| Product Type | Exness | XM |
|---|---|---|
| Forex Pairs | 100+ pairs | 55+ pairs |
| Indices | Yes | Yes |
| Stocks | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes (BTC, ETH, LTC, XRP, etc.) | Yes (fewer options) |
| Precious Metals | Yes | Yes |
Account Type
Exness:
- Offers various account types suitable for all trading levels:
- Standard & Standard Cent: for beginners.
- Raw Spread, Zero, Pro: for professional traders.
- Flexible leverage: up to 1:Unlimited – extremely appealing.
XM:
- 4 main account types: Micro, Standard, XM Ultra Low, Shares.
- Maximum leverage 1:1000.
- Offers Demo accounts and No Deposit Bonus ($30) for new traders.
Trading Fees & Spreads
| Criteria | Exness | XM |
|---|---|---|
| Average Spread | From 0.0 pip (Raw) | From 1.0 pip |
| Commission | $3.5/lot/side | $3.5/lot |
| Deposit/Withdrawal Fees | Free | Free |
| Withdrawal Speed | Almost instant | 1–2 business days |
Customer Support
Exness: 24/7 Vietnamese support via live chat, email, and phone – very responsive.
XM: 24/5 support with a friendly team, great for guiding beginners.
Promotions & Bonuses
Exness: Rarely offers bonuses, focusing instead on stable trading conditions and transparency.
XM: Offers attractive bonuses such as $30 No Deposit Bonus, 50% Deposit Bonus, and a Loyalty Program for regular traders.
Final Verdict: Which Broker Should You Choose?
| Criteria | Exness | XM |
|---|---|---|
| Best For | Professional traders, scalpers | Beginners |
| Key Advantages | Low spreads, instant withdrawals, high leverage | Great bonuses, learning support |
| Drawbacks | Few promotions | Higher spreads, slower withdrawals |
| Overall Rating | 4.8/5 | 4.5/5 |
If you are an experienced trader looking for fast execution, low trading costs, and instant withdrawals, Exness is your top choice.
If you are a beginner seeking a safe, user-friendly environment with generous bonuses, XM is the perfect place to start your Forex trading journey.
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