XTB vs Exness are currently the top two trading exchanges in the market. Both are highly appreciated for their reputation and high liquidity. However, if we look at both in detail, there are many differences. Many traders wonder whether XTB or Exness is better. Knowing that,Learn Forex Trading today will compare these two trading platforms so you can make the best choice.
Overview of XTB vs Exness trading platform
It is known that XTB and Exness are both “big men” in the market. To say which exchange is better is very difficult. However, it is not impossible. Before going into the evaluation and comparison between these two trading exchanges, let’s get an overview of each exchange.
A few words about Exness
Exness was established in 2008. Licensed by many of the world’s leading prestigious organizations such as FSA, FSC, CySEC, and FCA. This exchange has had more than 170,000 investors around the world trading every day.
Exness financial investment platform is expanding its market share. Through building office systems in many large and developed countries such as England, Singapore, Malaysia,… to support and serve traders most professionally and quickly.
A few words about XTB
XTB was established in 2002 and is considered the trading exchange with the longest experience today. XTB has more than 13 offices scattered around the world including Belize, England, Poland, France, Chile, Germany, Spain…
Currently, this exchange attracts more than 270,000 customers participating in transactions every day. XTB has been licensed by the world’s leading financial institutions such as FCA, BaFIN, IFSC, CySEC, etc. With XTB’s reputation, it is considered the number one financial investment exchange among the best trading exchanges today.
See more: Instructions for registering an XTB account
Compare Exness and XTB trading platforms
The content below is the main part of this sharing article and is also the focus that traders are most interested in. To verify which exchange XTB vs Exness has more strengths, let’s compare each part in detail.
Fees and commissions
For deposits and withdrawals, products, commission fees… at both XTB and Exness, are there any fees when making transactions? The answer is revealed right below the description of each exchange.
- Exness exchange: As for the Exness exchange, when depositing and withdrawing money, there will be no fees. And there are no overnight fees for products such as stocks, indices, digital currencies, gold, and some other currencies.
- XTB: This exchange does not apply any fees and commissions to deposits and withdrawals. At XTB, fees such as transaction fees, commission fees, and spreads… are quite low.
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Fees and commissions
Regarding the costs and commissions of both exchanges, after we compare, we can see that both XTB vs Exness do not charge fees and commissions. If so, it is very low.
Products of XTB vs Exness exchange
In the product section, there are many types such as Forex, metals, stocks, indices, and commodities… And on both exchanges, what is the difference in the number of products? Did you find the product you wanted to invest in on that exchange? Let’s see!
Exness exchange products
Traders who register for an Exness account will be allowed to trade the following products:
- Forex: There are more than 100 currency pairs.
- Metals: There are more than 10 types of metals to trade such as gold, silver, platinum, etc.
- Energy: There are 2 energy codes: crude oil and Brent crude oil
- Digital currency: Can trade with several cryptocurrency pairs such as BTC, ETH, ADA,…
- Stocks and indexes: there are 81 stock codes along with stock indices from many large companies such as Apple, Adobe, Amazon,…
Products of XTB
At XTB offers more than 2000 products. Typical examples are as follows:
- Forex: There are 57 different currency pairs.
- Commodities: XTB allows trading with 27 products including metals, agricultural products, energy…
- Digital Currency: Can trade with 25 different cryptocurrencies.
- Stock CFDs: Can trade with 1894 different stock codes.
- Index: there are 39 indexes from markets such as the US, Germany, UK,…
Both of these platforms have many different types of products. Most are diverse and meet the needs of traders. But if we have to compare, XTB is the exchange with the higher advantage.
Account types of XTB vs Exness
For accounts, there are also 2-3 types. For foreign traders, there are account types that are very popular with them. However, that type of account is not popular among UK traders. So let’s see what types of accounts XTB vs Exness has and for whom.
Exness account
Currently, Exness has 5 different account types, divided into two types: standard account and professional account.
Standard accounts include:
- Standard: This is an account for investors with a minimum spread of 0.3 and unlimited leverage with trading instruments.
- Standard Cent: For new traders who trade using micro lots to start. This account will not be limited to forex and metal products.
Professional accounts include:
- Raw Spread: Has the highest commission of 3.5 euros.
- Zero: Maximum commission is 0.2 euros and unlimited leverage.
- Pro Account: No commission. The minimum spread is 0.1 and there is no leverage limit.
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Exness account
XTB Account
Currently, XTB only has one type of account, which is Standard. The purpose is to homogenize trading activities and make them easier to control. This account is suitable for all traders.
XTB Standard accounts are divided into 3 types: Standard A, B, and C. They are relatively similar and only differ in spreads and some basic information.
In short, when comparing XTB vs Exness in terms of trading accounts, we see that Exness has more diversity and is more suitable for many traders’ needs.
See more: Registering broker XTB account on the phone
XTB vs Exness trading platform
Next is the trading platform, which is a part not to be missed. For users, the experience on each platform has a different feeling. You should try playing on different platforms to find the best one. Specifically, with these two exchanges, there will be points worth mentioning about the trading platform as follows.
Exness exchange
Currently, Exness has two main platforms: MT4 and MT5. Both are popular with traders in the financial investment world. There are many outstanding features, that help to enhance the trading experience. MT4 was released first and MT5 is an upgraded version that came later.
XTB exchange
XTB has the XStation trading platform. This platform is built with many outstanding technologies along with many integrated features. XTB XStation has a simple design and is easy to use. Even those new to investing can operate flexibly.
This platform makes it easier for players to deposit and withdraw money, and transactions are carried out quickly. In particular, XStation is compatible with many devices including phones, computers, Macs…
Trading tools
XTB vs Exness both have different trading tools. So which exchange has more trading tools? Let’s follow each tool of the two exchanges below. This can help make your investment more convenient.
- Exness: Has tools like an analysis engine, economic calendar, trader calculator, currency converter, price change history, and VPS server.
- XTB: Includes tools such as an economic calendar, trade manager, trading calculator, and market monitoring filters.
Looking at the trading tools that the two exchanges own, Exness will be better because of the variety of tools than XTB.
Epilogue
Learn Forex Trading article compared the two exchanges XTB vs Exness in the most detailed way. After comparison, we found that both products have the strengths that these exchanges aim for. Therefore, depending on their own needs, investors will choose the most suitable trading platform.
