Exness Vs. IG - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.

IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• Low volume traders looking to take advantage of their low sized account offerings
• Off-shore traders looking for high leverage factors
• High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• FSA (Seychelles)
• CBCS (Curaçao)
• FSC (British Virgin Islands)
• FSC (Mauritius)
• FSCA (South Africa)
• CySec (Cyprus)
• FCA (UK)

• ASIC (Australia)
• FMA (New Zealand)
• NFA (United States)
• DFSA (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)
• BMA (Bermuda)

• Competitive spreads depending on the account type
• Low entry barrier for new traders
• No minimum deposit on standard accounts

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Most Exness' the financial licenses are from off-shore locations
• Very low asset offering with less than 200 instruments
• Despite using TradingView charts, multi-charts layout or fullscreen are not possible

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Credit Card
• Debit Card
• Neteller
• Skrill
• USDT (Tether)
• Bank Transfer
• BTC (Bitcoin)
• Perfect Money
• SticPay
• USDC (USD Coin)

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, CA, SY, IR.

SY, IR.

After 24 months of inactivity, IG charges an $18 monthly fee.

Commissions vary as follows:

• No comissions on Standard account
• No comissions on Standard Cent account
• $3.5 per lot side on Raw Spread account
• $0.2 per lot side on Zero account
• No commission on Pro account

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.