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Exness vs XS - Which Forex/CFD broker has better trading conditions?
Comparing the services of Exness and XS. Which Forex broker has a better condition for traders?
Exness vs XS – Which is the better CFD broker?
In a comparison between XS and EXNESS trading services, both brokers offer access to the well-known MetaTrader platforms, MT4 and MT5, providing intuitive interfaces, charting tools, and algorithmic trading capabilities.
XS and Exness have ensured compatibility across various devices and operating systems, offering web-based and mobile trading platforms.
XS allows access to seven financial markets, whereas Exness provides entry to six, including Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, and Energies.
Concerning costs, XS operates with variable spreads and no commissions, offering leverage up to 1:500, while Exness boasts spreads from 0.0 pips and unlimited leverage.
Both platforms prioritize financial safety, supporting Negative Balance Protection, and offering different margin call and stop out levels.
For swap-free accounts, XS targets Islamic traders specifically, whereas Exness extends this feature to all clients.
Although both brokers allow 24/5 trading, only Exness provides a free Virtual Private Server.
Finally, both platforms support multiple deposit and withdrawal methods with Exness promising faster execution speed, absorbing third-party transaction fees, and covering a wider range of payment systems, highlighting their emphasis on customer convenience and security.
Comparison of services – Exness and XS
| Brokers | XS | Exness |
|---|---|---|
| Trading Platforms | MT4 and MT5 | MT4 and MT5 |
| Web Trader | Advanced web based trading platform | Exness Terminal for 100+ CFDs |
| Mobile Application | Advanced mobile app | Exness Trade app with MetaTrader |
| Trading on Various Devices | Available on MAC, iPad, iPhone, Android, Android Tablet | Available on MAC, iPad, iPhone, Android, Android Tablet |
| Number of Markets Offered | 7 financial markets | 6 financial markets |
| Forex | Spreads from 0.0 pips | Over 100 currency pairs |
| Cryptocurrencies | Trade popular CFDs | BTCUSD, ETHUSD, LTCUSD |
| Stock CFDs | Trade international share CFDs | Low transaction costs |
| Minimum Spread Cost | Ultra-low spreads with Standard or RAW | From 0.0 pips. Low spread or spread-free |
| Minimum Trading Cost | No Commission | None |
| Maximum Leverage | Varies by product | Unlimited |
| Negative Balance Protection | Supported | Supported |
| Swap-Free Account | Available for Islamic Traders | Available for everyone |
| Trading Hours | Trade 24/5 | Trade 24/5 |
| Deposit Methods | Multiple options including bank transfer, Skrill, etc. | Flexible options in local currencies |
| Withdrawal Methods | Multiple options including bank transfer, Skrill, etc. | Flexible options in local currencies |
| Cost of Fund Deposit and Withdrawal | None | Exness covers third-party transaction fees |
| Free VPS | Not offered by XS | Available |
| Order Execution Policy | High-Speed & Fair Trade Execution | Under 25ms on all platforms |
Comparative Analysis of XS and Exness Trading Services
Choosing the right broker is a pivotal decision for any trader, as it lays the groundwork for their entire trading experience.
Here, we provide a deep dive into the services offered by two prominent brokers: XS and EXNESS, to help you discern which might be the right fit for your trading needs.
1. Trading Platforms
Both XS and Exness provide traders with access to the renowned MetaTrader platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are favorites among traders worldwide due to their intuitive interfaces, charting tools, and algorithmic trading capabilities.
2. Web Trader Experience
XS has designed its web-based platform to be accessible from any operating system. The emphasis is on utilizing cutting-edge technology to furnish clients with a unique trading experience. In contrast, Exness offers its Terminal as a comprehensive web trading platform, which is tailored for trading a vast array of over a hundred popular CFDs.
3. Mobile Trading
For those who prefer to trade on the move, XS has developed a state-of-the-art mobile application. This app harnesses advanced technology to ensure clients can access their accounts and trade seamlessly from anywhere. Similarly, Exness also boasts a mobile trading solution: the Exness Trade app, which is powered by the MetaTrader engine and offers an equally sophisticated trading experience.
4. Device Compatibility
In today’s diverse technological landscape, traders use an array of devices. Recognizing this, both XS and Exness have made their trading platforms available across a range of devices. Whether you’re using a MAC PC, iPad, iPhone, Android smartphone, or Android tablet, you’ll find that these brokers have ensured compatibility to suit your needs.
5. Markets and Products
XS provides access to seven distinct financial markets, giving traders a broad spectrum of instruments to diversify their portfolios. Exness, on the other hand, provides entry into six financial markets. Both brokers offer a suite of products including Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, and Energies. It’s worth noting that neither broker currently offers ETFs, Bonds, Futures CFDs, or Synthetic Indices for trading.
6. Trading Costs and Conditions
Cost is always a key consideration. With XS, traders can anticipate variable spreads based on whether they choose the Standard or RAW account types. Importantly, XS does not charge a commission on trades. Their leverage varies by product but can reach up to 1:500 for major FX pairs. Exness, on its part, promises spreads starting from 0.0 pips. They underscore the lack of trading costs and offer an attractive proposition with unlimited leverage.
7. Protection Mechanisms
Financial safety mechanisms are crucial. Both XS and Exness support Negative Balance Protection, ensuring traders cannot lose more than they have deposited. XS’s Margin Call is triggered when the equity falls to 80% of the required margin, while the Stop Out Level is at 20%. In contrast, Exness issues a Margin Call warning at 60%, but their Stop Out Level is remarkably set at 0%, meaning traders’ positions are not liquidated until the total account balance is exhausted.
8. Swap-Free Accounts
Considering the diverse clientele, XS offers swap-free accounts specifically for Islamic traders. Exness, however, goes a step further by making swap-free accounts available to all its clients, encompassing a wide range of instruments.
9. Trading Hours and Additional Services
Both brokers provide a window of 24/5 for trading, ensuring clients can capitalize on global market movements throughout the week. An added advantage with Exness is its provision of a free Virtual Private Server (VPS), which guarantees fast and secure trading. XS currently does not offer this service.
10. Deposits, Withdrawals, and Execution Policy
XS supports a variety of deposit and withdrawal methods, including Bank transfer, Klarna, Giropay, Neteller, Skrill, Visa & MasterCard, without imposing any funding costs. Exness extends a more diverse range, covering popular global payment systems and e-wallets, even absorbing third-party transaction fees for their clients.
When it comes to executing trades, XS commits to high-speed and fair trade execution. Exness, however, promises a blazing-fast execution speed, completing orders in under 25ms on all its available platforms.
In Conclusion
While both XS and EXNESS are equipped with robust trading platforms and offer a wide range of services, there are subtle differences. Exness seems to have an edge with its unlimited leverage, a swap-free account for all, and an ultra-fast order execution. On the other hand, XS’s broader range of markets may appeal to some traders. Ultimately, the best choice would hinge on individual trading preferences and which specific features align with one’s trading goals.
What is XS?
XS is not just another brokerage platform; it is an embodiment of trading excellence, designed to facilitate a seamless trading journey for its clients. With its rapid registration, dependable funding methods, and unparalleled trade execution, XS is a beacon for all traders – be it novices or professionals.
A Global Presence with Multiple Regulations
As a truly global brokerage platform, XS boasts regulatory approvals from some of the most reputed financial authorities, assuring clients of its credibility and trustworthiness. From the Financial Services Authority of Seychelles to the Australian Securities and Investments Commission, XS has proved its mettle across various jurisdictions.
Tailoring Trading: Choose Your Account Type
XS acknowledges that every trader is unique. With various account types on offer, traders can select one that best aligns with their trading style, strategy, and requirements. Regardless of the chosen type, be assured of accessing XS’s deep liquidity pool and avant-garde trading technology.
| Attributes | ELITE (RAW) | STANDARD | CLASSIC | PLUS |
|---|---|---|---|---|
| Trading Platform | MT4 and MT5 | MT4 and MT5 | MT4 and MT5 | MT4 and MT5 |
| Spreads from (pips) | 0.0 | 0.9 | 1.4 | 1.9 |
| Commission (per lot) | $6 | $0 (No) | $0 (No) | $0 (No) |
| Starting Deposit (USD) | $1,000 | $0 (No) | $0 (No) | $0 (No) |
| Max Leverage | 500 | 500 | 500 | 500 |
| Stop-out Level | 20% | 20% | 20% | 20% |
| Micro Lot (0.01) | YES | YES | YES | YES |
| Max # of orders | 100 | 100 | 100 | 100 |
| Trading Styles Allowed | All | All | All | All |
| Asset Classes | All | All | All | All |
| Sign Up | Open ELITE (RAW) Account | Open STANDARD Account | Open CLASSIC Account | Open PLUS Account |
Access and Trade: From Anywhere, Anytime
XS’s advanced trading platforms, compatible across devices, make it easier for traders to access global markets and asset classes. With features to enhance trading decisions and offer a richer experience, XS ensures that the world of trading is always at your fingertips.
Connect with The Best: XS’s Prime Institutional Broker
XS is more than just a broker. It’s a solution provider, offering tailored offerings that can drastically improve businesses. Whether it’s leveraging the multi-asset liquidity, utilizing advanced technology, or relying on XS’s vast experience, businesses have a partner that understands their unique challenges and aspirations.
Dive into Forex: The Heartbeat of Global Trade
Forex, with its enormous daily trading volume, offers traders an exciting world of opportunities. At XS, clients can capitalize on tight spreads and dive deep into currency pairs trading, harnessing the market’s liquidity and volatility.
A World of Assets: Beyond Forex
Beyond Forex, XS provides a plethora of asset trading options:
- Share CFD Trading: Leverage your positions and trade on the world’s renowned companies.
- Indices Trading: Gain exposure to top global stock markets and industry segments.
- Metals Trading: Explore opportunities in the ever-demanding metals market.
- Energy Products: Dive into the volatile world of energy trading with market-leading spreads.
- Commodities Trading: From soft commodities to hard metals, diversify your portfolio.
- Cryptocurrency CFDs: Engage in the new age of trading with popular cryptocurrencies.
Trading Tools & Features
- MetaTrader 4 & 5:
- The world’s most acclaimed trading platforms are now at your disposal with XS. Loaded with features, they empower traders to make informed decisions.
- XS Web Trader:
- XS’s proprietary web-based platform is designed for those who seek convenience without compromising on features.
Safety and Security: At the Heart of XS
Ensuring the safety of client funds is paramount at XS. From strict adherence to AML regulations to cooperation with major banks and segregation of client funds, every step is taken to provide peace of mind to the traders.
To XS’s trading accounts, you can use the following secure funding options to start trading online.
| Funding Options | Min Deposit | Max Deposit | Processing time | Accepted Currencies |
|---|---|---|---|---|
| Bank Transfer | From $200 | Unlimited | 1-7 working Days | EUR, USD |
| Visa & MasterCard | $50 | $5,000 | Instant | EUR, USD |
| Skrill | $15 | $15,000 or equivalent | Instant | EUR, USD |
| Neteller | $15 | $15,000 or equivalent | Instant | EUR, USD |
| Klarna | $15 | $5,000 | Up to 1 business day | EUR, GBP, PLN and CZK |
| Giropay | $15 | $5,000 | Up to 1 business day | EUR |
Leverage and Margin: Understand and Excel
XS provides traders with comprehensive leverage options across various assets, ensuring they can maximize their trading potential. But with great power comes great responsibility. XS educates its traders on leverage and margin requirements, emphasizing robust risk management.
Stay Ahead with XS’s Mobile App
Trading on-the-go becomes a breeze with XS’s mobile app. It promises transparent pricing, lightning-fast execution, and the freedom to trade from anywhere, anytime.
Conclusion: The XS Promise
XS isn’t just another broker on the block. It’s a commitment to excellence, innovation, and transparency. Whether you’re an individual trader or an institutional entity, XS promises a trading experience like no other. Join the XS community today and redefine your trading journey.
What is Exness?
When you invest your hard-earned money, trust and safety are paramount. With EXNESS, your investments are in secure hands. As a proud member of the Financial Commission, an international watchdog ensuring integrity within the forex industry, Exness offers an added layer of security.
The Compensation Fund is a distinct feature, working much like an insurance. Stored in a separate bank account, it’s a safety net ensuring you get what’s rightfully yours. If there’s a dispute and a member doesn’t adhere to the Financial Commission’s judgment, the fund steps in. Covering up to €20,000 per client, it stands as a testament to Exness’s commitment to its customers.
However, it’s essential to remember that the fund only comes into play for Financial Commission judgements. It doesn’t cover self-trading losses or any losses if a broker becomes insolvent.
Exness Trading Accounts – Tailored for You
Whether you’re a novice dipping your toes in trading or a seasoned pro, Exness has the right account for you.
- Standard Account: This is Exness’s flagship account, and it’s easy to see why it’s popular. It’s versatile and packed with features, ideal for every trader.
- Standard Cent: If you’re just starting, this account lets you trade with micro lots, ensuring you learn without risking too much.
For the veterans in the trading world, Exness offers:
- Raw Spread: Enjoy minimal spreads with a fixed commission per lot.
- Zero: Experience zero spread on top 30 instruments. No requotes. Just pure trading.
- Pro: Instant execution, zero commission, and low spread. It’s every professional trader’s dream.
| Account Type | Standard | Standard Cent | Raw Spread | Zero | Pro |
|---|---|---|---|---|---|
| Minimum deposit | Depends on payment system | Depends on payment system | $1,000 | $1,000 | $1,000 |
| Spread | From 0.3 pips | From 0.3 pips | From 0.0 pips | From 0.0 pips | From 0.1 pips |
| Commission | No commission | No commission | Up to $3.50 each side per lot | From $0.2 each side per lot | No commission |
| Maximum leverage | 1:Unlimited | 1:Unlimited | 1:Unlimited | 1:Unlimited | 1:Unlimited |
| Instruments | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals, cryptocurrencies, energies, stocks, indices |
| Minimum lot size | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum lot size | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) |
| Maximum number of positions | Unlimited | 1000 | Unlimited | Unlimited | Unlimited |
| Hedged margin | 0% | 0% | 0% | 0% | 0% |
| Margin call | 60% | 60% | 30% | 30% | 30% |
| Stop out | 0% | 0% | 0% | 0% | 0% |
| Order execution | Market | Market | Market | Market | Instant (forex, metals, energies, stocks, indices), market (cryptocurrencies) |
| Swap-free | Available | Available | Available | Available | Available |
| Sign Up | Open Standard Account | Open Standard Cent Account | Open Raw Spread Account | Open Zero Account | Open Pro Account |
Hassle-Free Deposits and Withdrawals
The Exness system is streamlined for your convenience. With numerous payment options in local currencies, including renowned payment systems and e-wallets, your financial operations are a breeze.
Not only does Exness guarantee ‘instant’ processing for many transactions, but all withdrawal requests are also instantly processed on their side. And while Exness waives off its fees, do note that your bank or payment system might have its charges.
To further bolster security, Exness mandates withdrawals only to personal accounts. This protocol is vital in preventing financial fraud.
Minimal Fees, Maximal Returns
At Exness, it’s all about ensuring you get the lion’s share of your profits. This commitment is evident in their minimal fee structure. Exness even covers third-party transaction fees! Plus, enjoy no swap fees for most instruments, including major currencies, stocks, cryptos, and gold.
Cryptocurrency Trading – The Future is Here
With Exness, ride the cryptocurrency wave with unmatched advantages. From popular choices like Bitcoin and Ethereum to Litecoin and more, step into this revolutionary world with favorable conditions.
Not just trading, Exness offers a swap-free experience, ensuring you face zero charges for overnight positions. Benefit from their lightning-fast execution and capitalize on every market trend.
Trade Cryptocurrencies with EXNESS
Forex Trading – Unleashing Global Opportunities
The forex market is vast, dynamic, and teeming with opportunities. With Exness, access over 100 currency pairs with unparalleled conditions. From FX majors to minors, get the best deals in the market. The spreads are not only tight but remain consistently stable, even during high-impact news releases.
Dive into the Commodities Market
Trade commodities like gold, silver, crude oil, and natural gas with Exness’s exceptional market conditions. Their Negative Balance Protection ensures you never owe more than your account balance, giving you peace of mind.
Trade Stocks with Zero Commissions
Experience the thrill of the global stock market with Exness. From industry giants like Apple to Tesla, trade without the worry of high commissions. And with Exness’s lightning-fast execution, never miss an opportunity.
Indices Trading – Get the Exness Edge
Access globally recognized indices with unmatched trading conditions. From the US Tech 100 to the FTSE100, diversify your portfolio with the best in the business.
Trade Stock Indices with EXNESS
Exness Trade App – Trading on the Go
With the state-of-the-art Exness Trade app, the world of trading is at your fingertips. Designed for modern traders, this app packs all the tools you need, from trading diverse assets to getting vital market alerts. Plus, with its integration of the renowned MetaTrader platform, both MT4 and MT5 users will feel right at home.
Exness Terminal – Your Window to Efficient Trading
Experience a seamless blend of simplicity and efficiency with the Exness Terminal. With over 50 drawing tools and 100 indicators powered by TradingView, it’s the perfect platform for insightful trading. Being a web app, it offers both speed and security, ensuring you never miss a beat in the fast-paced world of trading.
Harness the Power of MetaTrader Platforms
Whether you prefer MT4 or MT5, Exness has you covered. Download them directly from the Exness website and explore a vast array of financial instruments. And for those who prefer browser-based trading, the MetaTrader WebTerminal offers core functionalities without any downloads.
Experience Speed with Free VPS Hosting
For traders who rely on automated strategies, Exness’s VPS servers are a boon. Located strategically close to Exness’s trading servers, they offer a combination of speed and security. Whether you’re running an Expert Advisor or just trading manually, VPS ensures a hiccup-free experience.
In conclusion, EXNESS stands out not just for its diverse trading platforms and tools but also for its unwavering commitment to transparency, security, and customer-centricity. Whether you’re a beginner or a seasoned pro, Exness has everything you need for a successful trading journey. Join today and experience a difference!
FAQs to summarize the article
- Which trading platforms do XS and Exness support?
- Both XS and Exness support the MetaTrader platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- How do the web trading experiences of XS and Exness differ?
- XS has a web-based platform designed to be accessible from any operating system, while Exness offers the Terminal as a web trading platform tailored for trading over a hundred popular CFDs.
- Do both XS and Exness offer mobile trading solutions?
- Yes, XS provides a mobile application for trading, and Exness offers the Exness Trade app powered by the MetaTrader engine.
- What financial markets can traders access with XS and Exness?
- XS provides entry to seven distinct markets, while Exness gives access to six. Both offer trading in Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, and Energies.
- How do trading costs and conditions vary between XS and Exness?
- XS offers variable spreads with no commission on trades, while Exness promises spreads starting from 0.0 pips and unlimited leverage.
- How do XS and Exness ensure financial safety for their clients?
- Both brokers support Negative Balance Protection. XS triggers a Margin Call at 80% equity of the required margin, and Exness does so at 60%.
- Which broker offers swap-free accounts?
- XS offers swap-free accounts specifically for Islamic traders. Exness offers swap-free accounts for all its clients.
- Do XS and Exness offer 24/5 trading?
- Yes, both brokers provide a trading window of 24/5.
- How do deposit and withdrawal methods compare between the two brokers?
- XS supports methods like Bank transfer, Klarna, Neteller, and more with no funding costs. Exness offers a broader range of global payment systems and absorbs third-party transaction fees.
- In terms of execution speed, how do XS and Exness stack up?
- XS commits to high-speed trade execution, while Exness promises execution speed in under 25ms on all platforms.
