Compare forex brokers FP Markets VS Exness

If you're choosing between FP Markets and Exness forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is FP Markets better than Exness? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FP MARKETS VS EXNESS

Exness
Exness Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Exness broker review.

Exness was founded by a group of like-minded professionals in the area of finance and information technology in 2008. It soon became one of the world’s leading online forex brokers and became known for some of the industry’s best trading conditions, including the ability to trade with unlimited leverage. Exness’ mission is to deliver a reliable, trustworthy and customer-focused trading experience, in a transparent and secure environment.

FP Markets
FP Markets Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FP Markets broker review.

Regulated by ASIC, FP Markets is an Australian global CFD and Forex provider established in 2005. The company’s vision was to create a one-stop destination where traders could access a full suite of trading products. The convenience of being able to trade CFDs across equities, Forex, indices, commodities, futures and Bitcoin from one account is one of the key reasons traders choose FP Markets.

FP Markets ensures that it offers a customer-centric experience for all its traders; with assistance throughout their trading journey, be it through education or consistent expert support.

# Broker's Features FP MARKETS Availability EXNESS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare FP Markets vs Exness.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FP Markets offers Online Financial Trading and Investment Services Such as IRESS DMA Equities 10,000+, while Exness offers CFDs on metals, cryptocurrencies.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. FP Markets is ECN, STP, while Exness is ECN, Market Maker, NDD.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. FP Markets recommended minimum capital is 100, while Exness has a Minimum Deposit Requirement of 1.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FP Markets is regulated by ASIC, while Exness regulated by CySEC, FCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. FP Markets offers USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD different account currencies for each account types, while Exness offers More than 80, including EUR, USD, GBP. Free metal- account currencies.

Languages Available: Next lets have a look at each broker's different Language options. FP Markets offers English, Spanish, Italian, Portuguese, German, Fre, while Exness offers English, Chinese, Russian, French, Thai, Indonesia Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. FP Markets offers Bank Wire, Credit Card, Debit Card, Skrill, Netell different payment methods for each account types, while Exness offers Bank cards, Neteller, Skrill, and other local and payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FP Markets makes MT4, MT5, WebTrader and IRESS available to clients, while Exness offers MetaTrader4, MetaTrader5.

The Verdict: FP Markets or Exness?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Exness is more reliable based on our criteria above. Exness has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Exness broker is regulated in more major hubs.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.