BROKER LIST

Exness is a global forex broker founded in Russia in 2008. Its services have gained significant recognition due to exceptional offerings and bold trading conditions, such as unlimited leverage, allowing it to rapidly become one of the leading brokers in a short period.

The Exness Group holds eight types of financial licenses worldwide, including highly coveted ones like the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), enabling it to operate globally with a strong regulatory framework.

Client funds are protected through segregated accounts
To safeguard against potential financial issues such as insolvency, Exness protects its clients' funds by using segregated accounts. This means that even if the company encounters financial difficulties, customer deposits are securely protected, mitigating the risk of mismanagement or misuse of funds.

Exness’ financial reports are audited by Deloitte, one of the world's "Big Four" accounting firms. These reports show that Exness’ capital adequacy consistently exceeds the amount of customer funds held in segregated accounts, highlighting the broker’s financial stability and security.

Exness is also highly regarded for its commitment to transparency. The company openly shares performance indicators such as trading volume, user numbers, and withdrawal amounts. Monthly active users and quarterly withdrawal figures are also disclosed, providing traders with insights into Exness’ financial health and operational performance.

If you’re a professional trader looking for an ECN broker offering interbank market spreads, then FXTM could be an option. Founded in 2011, FXTM is authorized and regulated by the UK FCA, CySEC, FSCA and the FSC Mauritius. Professionals can access commission-free ECN accounts from advanced trading platforms and become a strategy manager on its copy trading platform.

Key Features:

・Regulators: UK FCA (1:30 leverage), CySEC (1:30 leverage), FSCA (1:30 leverage), and the FSC Mauritius (1:1000).
・Average spread for EUR/USD: 2.0 pips with zero commission.
・Trading platforms: MT4, MT5, and FXTM mobile app.
・Unique features: Trading signals three times daily from Acuity Signal Centre.
During our live fee test, the average spread for EUR/USD during the London and New York sessions was 2.0 pips on the commission-free Advantage Account. Professional traders might prefer the Advantage Plus Account, which offers spreads starting at 0.1 pips directly from the interbank market.

Although the Plus Account has more competitive spreads, it includes a commission of $2.50 per lot per side, still lower than the industry average of $3.50, making it an attractive option for high-frequency and active professional traders.

The FXTM Invest portal, the broker’s copy trading service, allows professionals to become strategy managers and earn extra income from followers. Managers can receive up to a 30% profit share on profitable trades from each investor following their strategy.

XM is generally considered a reputable broker with a wide range of offerings suitable for both beginner and experienced traders. However, as with any financial service, it's important for traders to carefully consider their own needs and risk tolerance before opening an account.

Account Types:

1. XM offers several account types, including Micro, Standard, and XM Zero accounts.

• The minimum deposit is $5 for most account types.
• Leverage up to 1:1000 is available, though this varies by regulatory jurisdiction.

Trading Platforms:

• XM provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
• Platforms are available for desktop, web, and mobile devices.

1. Trading Instruments:

• Over 1,000 tradable instruments are offered.
• These include forex pairs, stocks CFDs, commodities, indices, precious metals, energies, and cryptocurrencies.

Spreads and Fees:

• Spreads start from as low as 0 pips on some account types.
• The XM Zero account offers low spreads with a small commission.
• No hidden fees for trading, but there is an inactivity fee after 90 days of no activity.

Regulation:

• XM is regulated by multiple authorities, including CySEC (Cyprus), ASIC (Australia), and IFSC (Belize).

Features:

• Fast execution speeds, with over 99% of trades executed in under 1 second.
• Negative balance protection is provided.
• Copy trading is allowed, and social trading through MQL5 is available.
• Free VPS service is offered for qualifying traders.

Education and Research:

• XM provides extensive educational resources, webinars, and market analysis.

Customer Support:

• Multilingual support is available 24/5.