Exness and XMTrading are both well-known names, but their account designs differ a lot. Without the official figures side by side, the differences stay hidden.
The biggest gap is the stop out level. Exness lists 0% on all five accounts, and XMTrading lists 20% on all four (checked 20 October 2026). XM also lists a USD 5 minimum deposit on every account.
After reading, you can match your own priority to one of the two and know which account terms to check first.
Exness vs XM: the short answer
- Stop out: Exness 0% on all five accounts; XMTrading 20% on all four
- Margin call: Exness 30% or 60% depending on the account; XMTrading 50%
- Maximum leverage: Exness 1:2000 (unlimited if eligible); XM up to 1:1000
- Minimum deposit: XM USD 5 on all four accounts; Exness depends on region and payment method
- Lowest listed spread: Exness from 0.0 pips; XM from 0 pips (Zero)
- Bonus: no Exness bonus could be confirmed on this site; XM shows bonus information on its official page
Spreads are listed minimums, not the value you will get at the time of a trade. Each broker's own page and your client portal take priority over this article. Leveraged trading can lose some or all of your deposit.
Exness vs XM account types, spreads and commissions
Exness lists five accounts: Standard Cent, Standard, Pro, Raw Spread and Zero. XMTrading lists four: Standard, Micro, KIWAMI and Zero. The table puts the main figures side by side.
| Item | Exness | XMTrading |
|---|---|---|
| Accounts | Standard Cent, Standard, Pro, Raw Spread, Zero | Standard, Micro, KIWAMI, Zero |
| Lowest listed spread | From 0.0 pips (Raw Spread, Zero) | From 0 pips (Zero) |
| Commission-free accounts | Standard Cent from 0.3 pips, Standard from 0.2 pips, Pro from 0.1 pips | Standard and Micro from 1.0 pips, KIWAMI from 0.6 pips |
| Commission accounts | Raw Spread: up to USD 3.50 each side per lot. Zero: from USD 0.05 each side per lot | Zero: USD 10 per USD 100,000 traded (terms apply) |
※ The XMTrading official account types page shows no commission figure, so the commission amount comes from this site's verified data. Spreads vary with the market.
A spread is the gap between the buy and sell price. A commission is a separate fee. Compare the two together, because an account with a 0 pip spread still adds its commission to the cost.
Exness account types compared: Standard Cent, Standard, Pro, Raw Spread and Zero
XMTrading account types compared: Standard, Micro, KIWAMI and Zero
Exness vs XM leverage, margin call and stop out
Stop out (the margin level at which positions are closed automatically) is where the two brokers differ most. Margin call is the earlier warning level.
| Item | Exness | XMTrading |
|---|---|---|
| Maximum leverage | 1:2000 by default; 1:Unlimited if eligible on equity of 0 to 4,999.99 USD | Standard, Micro and KIWAMI 1:1000; Zero 1:500 |
| Leverage by equity | 5,000 to 29,999.99 USD: 1:2000. 30,000 to 99,999.99 USD: 1:1000. 100,000 USD or more: 1:500 | USD 5 to 40,000: 1:1000. 40,001 to 80,000: 1:500. 80,001 to 200,000: 1:200. 200,000 or more: 1:100 |
| Margin call | 60% on Standard Cent and Standard; 30% on Pro, Raw Spread and Zero | 50% of required margin |
| Stop out | 0% on all five accounts | 20% on all four accounts |
※ Exness raises the stop out to 100% for stocks in times of increased market risk. The Exness stop out is 20% for clients registered through Exness (KE) Limited and Exness (JO) Limited. Exness leverage can be reduced during high margin requirement periods.
A 0% stop out keeps positions open until the margin level reaches 0%. Losses can grow large before anything closes. The 20% level listed by XMTrading closes positions earlier.
Exness vs XM minimum deposit, payments and platforms
| Item | Exness | XMTrading |
|---|---|---|
| Minimum deposit | None listed for Standard Cent and Standard in the Help Center; region-based for Pro, Raw Spread and Zero | USD 5 on all four accounts (varies by payment method) |
| Deposit and withdrawal fees | No fee from Exness itself; payment providers and banks may charge their own | Generally none; may differ by payment method |
| Withdrawal time | No single time published; shown per method in the Personal Area | Bank and card withdrawals usually take 2 to 5 business days |
| Platforms | MetaTrader 4 and MetaTrader 5 | MT4, MT5 and the XMTD TraderPro app |
※ Exness's general deposit rules page says Standard and Professional accounts both have region-based minimums. This site's broker data also lists every Exness account as varying by region and payment method.
Both brokers show the list of payment methods after you log in. The payer name must match the name on your registration.
Exness deposits and withdrawals: where to check methods, fees and timing
XMTrading deposits and withdrawals: fees, timing and verification
Exness vs XM bonuses and extra accounts
- Exness: no registration or deposit bonus could be confirmed on this site
- Exness cannot be called bonus-free; your Personal Area is the authority
- XMTrading: the official account types page shows registration bonus information
- XMTrading deposit bonus eligibility: Standard and Micro
- Zero and KIWAMI are shown as not eligible for the deposit bonus
XM bonus amounts and terms change, so this article gives no amounts. This site's offers list does not currently include an XMTrading bonus.
XMTrading says one set of personal details can hold up to 10 real accounts and 5 demo accounts. The sources checked for Exness do not state an account limit.
This site's broker page FAQ still says up to 8 accounts. The current official page (checked 20 October 2026) says 10 real and 5 demo, so this article uses the official figures.
Exness bonuses: what can be confirmed about registration and deposit bonuses
Exness vs XM operating entities: what to verify
| Item | Exness | XMTrading |
|---|---|---|
| Entity named in official sources | Exness (SC) Ltd | Tradexfin Limited and Fintrade Limited |
| Regulator and number | Seychelles FSA (SD025) | Seychelles FSA (SD010) and Mauritius FSC (GB20025835) |
| Entity that applies to you | Confirm at registration | Confirm at registration |
Which company serves you depends on your country of residence and how you register. Do not judge a licence from memory or from reviews.
Is Exness safe? Company details to check before you deposit
Is XMTrading safe? A safety check using official information
Exness or XM: which terms to check first by priority
- 01If you want a low listed spread without commission
Exness Standard (from 0.2 pips) and Pro (from 0.1 pips) list lower minimums. The commission-free XM comparison is KIWAMI (from 0.6 pips).
- 02If you want an official minimum deposit figure
XM fits, because its official page lists USD 5 on all four accounts. Exness is region-based, so check the amount in the portal.
- 03If you prefer positions closed earlier
The XM stop out of 20% fits. At Exness's 0%, positions stay open until the margin level reaches 0%.
- 04If you are considering high leverage
Exness lists 1:2000, and unlimited if eligible. XM lists up to 1:1000, falling as equity grows. Either way, losses can grow large.
- 05If you want to use a bonus
XM deposit bonus eligibility covers Standard and Micro. No Exness bonus could be confirmed, so check your Personal Area.
Figures change by region and over time. Treat this article as a checklist, then confirm each number in the client portal.
Broker comparison basics: how to compare brokers on equal terms
Frequently asked questions
Q. What is the difference between Exness and XM?
A. The biggest difference is the stop out level. Exness lists 0% on all five accounts and XMTrading lists 20% on all four (checked 20 October 2026). The minimum deposit also differs: XM lists USD 5 on every account, while Exness varies by region and payment method.
Q. Which has tighter spreads, Exness or XM?
A. The lowest listed spread is 0.0 pips on Exness Raw Spread and Zero, and 0 pips on XM Zero. Among commission-free accounts, Exness Pro lists 0.1 pips and XM KIWAMI lists 0.6 pips. Spreads are variable, so compare spreads and commissions together.
Q. What is the maximum leverage on Exness and XM?
A. Exness lists 1:2000 by default, with 1:Unlimited if eligible on equity below 5,000 USD. XM lists up to 1:1000 on Standard, Micro and KIWAMI, and 1:500 on Zero. XM leverage falls as total equity rises.
Q. What is the minimum deposit on Exness and XM?
A. XM lists USD 5 on all four accounts, and it may vary by payment method. Exness lists no amount for Standard Cent and Standard in the Help Center, and region-based amounts for Pro, Raw Spread and Zero. Check your own amount in the portal.
Q. Do Exness and XM offer bonuses?
A. XM shows registration bonus information on its official account types page, and deposit bonus eligibility covers Standard and Micro. No Exness bonus could be confirmed on this site. That does not prove none exists, so check your Personal Area.
Sources and conditions
- Exness official Help Center: Trading account types (checked 20 October 2026) →
- Exness official Help Center: Leverage (checked 20 October 2026) →
- Exness official Help Center: Margin call and stop out levels by account type (checked 20 October 2026) →
- Exness official Help Center: General deposit rules (checked 20 October 2026) →
- XMTrading official: Account types (checked 20 October 2026) →
- XMTrading official: Trading conditions (checked 20 October 2026) →
- XMTrading official: Funding and withdrawals (checked 20 October 2026) →
- XMTrading official: Legal documents (checked 20 October 2026) →
- Exness on this site →
- XMTrading on this site →
- Advertising disclosure and risk warning →
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
NEXT STEP
Matched your priority? Check the Exness account terms next.
The broker page lists the five accounts, spreads, commissions and the entity shown at registration. The XMTrading page covers its four accounts.
Brokers covered in this column
Account types, trading conditions and current offers are on each broker page.