Exness
Visit

74-89% of retail CFD accounts lose money.

Vs.

Nextmarkets
Visit

63.10% of retail CFD accounts lose money.

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

Updated Nov 08 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

63.10% of retail CFD accounts lose money.

Overview

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

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

Best For
  • 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)
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

6

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FSA (Seychelles)
  • CBCS (Curaçao)
  • FSC (British Virgin Islands)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
  • MFSA (Malta Financial Services Authority)
The Good
  • Competitive spreads depending on the account type
  • Low entry barrier for new traders
  • No minimum deposit on standard accounts
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
The Bad
  • 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
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • 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.

📍 Year Founded
2008 2014
💳 Minimum Deposit Range
From 0 to $3,000 0
💰 Payment Methods
  • Credit Card
  • Debit Card
  • Neteller
  • Skrill
  • USDT (Tether)
  • Bank Transfer
  • BTC (Bitcoin)
  • Perfect Money
  • SticPay
  • USDC (USD Coin)
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
1 - USD 2 - EUR, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
243 18,037
Exchange Access
0 0
📙 Real Stocks
0 8,000
📙 Stock CFDs
100 8,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
100 22
📗 Commodities
0 0
📗 Commodities CFDs
7 5
📕 Indices
0 0
📕 Indices CFDs
10 5
📔 ETFs
0 1,000
📔 ETFs CFDs
0 1,000
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
26 4
📒 Bonds
0 0
📒 Bonds CFDs
0 1
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
Unavailable 1 ETF
📈 Minimum Crypto Trade Size
0.01 Lots ($1,000) Varies per Cryptocurrency (eg: 0.1 BTC)
📉 Minimum FX Trade Size
0.01 Lots ($1,000) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 Lots ($1,000) Varies per commodity (eg: 1 contract of Gold - 1 ounce)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
2000 100
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No No
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

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
None
Spreads
📈 EUR/USD
1 Pip Dynamic - From 0.6 Pips
📉 SP500
From 200 pips Dynamic - From 50 Pips
📈 GOLD
From 20 Pips Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
From $0.10 Dynamic - From $2
📈 XLK (ETF - CFD)
Unavailable Dynamic - From $0.1 to 0.3
📉 BTC
From $20 Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
No No
📡 Webinars
No Yes