Exness vs XM

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

Exness

Standard and Cent accounts with no minimum, plus Pro, Raw Spread and Zero for lower spreads.

ForexMetalsIndicesEnergiesStocksCrypto
Read the Exness review
XM

Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.

ForexIndicesCommoditiesStocks
Read the XM review
DetailExnessXM
RegulationExness (SC) Ltd, FSA Seychelles SD025 · Exness (VG) Ltd, FSC BVI SIBA/L/20/1133 · Vanvest Limited, FSC Vanuatu 700276XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021)
Minimum DepositStandard: none stated · Pro, Raw Spread, Zero: from $200$5 (Standard, Ultra Low) · $10,000 (Shares)
Spread FromPro from 0.1 pips · Raw Spread from 0.0 pips
CommissionStandard, Cent, Pro: none · Raw Spread: $3.50 per lot per side · Zero: commission-based
PlatformsMetaTrader 4, MetaTrader 5, Exness TerminalMetaTrader 4, MetaTrader 5, XM App
Account TypesStandard Cent, Standard, Pro, Raw Spread, ZeroStandard, Ultra Low, Shares

What the figures say

  • Minimum Deposit: Exness lists Standard: none stated · Pro, Raw Spread, Zero: from $200; XM lists $5 (Standard, Ultra Low) · $10,000 (Shares).
  • Exness publishes its spread from (Pro from 0.1 pips · Raw Spread from 0.0 pips); XM does not state one on the pages we read.
  • Exness publishes its commission (Standard, Cent, Pro: none · Raw Spread: $3.50 per lot per side · Zero: commission-based); XM does not state one on the pages we read.
  • Platforms: Exness lists MetaTrader 4, MetaTrader 5, Exness Terminal; XM lists MetaTrader 4, MetaTrader 5, XM App.
  • Account Types: Exness lists Standard Cent, Standard, Pro, Raw Spread, Zero; XM lists Standard, Ultra Low, Shares.
  • Exness also lists Metals, Energies, Crypto.
  • XM also lists Commodities.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

Exness: why traders choose it

  • Standard and Standard Cent accounts open with no stated minimum and charge no commission
  • Pro account: spreads from 0.1 pips with every cost inside the spread, from $200
  • Raw Spread account: spreads from 0.0 pips with a fixed $3.50 per lot per side
  • Zero account: zero spread on the top 30 instruments for 95% of the day, commission-based
  • Three regulated entities named with licence numbers in the site footer

XM: why traders choose it

  • Standard and Ultra Low accounts open from $5
  • Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
  • A separate Shares account for buying stock, from $10,000
  • Bonuses on the Standard account, described by XM as boosting trading power
  • Copy trading, trading competitions and a loyalty club run alongside the accounts

Exness pros

  • A cent account for learning with tiny position sizes, on the same infrastructure as the pro accounts
  • Raw Spread commission is a fixed figure, so costs are easy to model
  • Market execution with no requotes on the Standard accounts, per their help centre

Exness cons

  • The minimum for Pro, Raw Spread and Zero ranges from $200 to $3,000 depending on region
  • The public accounts page asked us to sign in before showing conditions; the figures here come from their help centre
  • Which entity serves you decides your leverage cap and protection; the offshore entities carry the higher leverage

XM pros

  • One of the lowest entry points anywhere at $5
  • The Ultra Low account gives a cheaper option without a commission model to learn
  • MetaTrader 4 and 5 plus their own app, so nothing unfamiliar

XM cons

  • The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
  • Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
  • Bonuses come with their own terms, which are worth reading before taking one

About Exness

Exness runs five account types. Standard and Standard Cent are commission-free and open with no stated minimum; Pro, Raw Spread and Zero are the professional tier with tighter pricing from a $200 minimum. The group is licensed in Seychelles, the British Virgin Islands and Vanuatu for its international clients.

About XM

XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.