Written by ForexBrokers.com
In this head to head comparison of eToro vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro and Exness are two popular online brokerage platforms known for their strong user bases and comprehensive service offerings. eToro was established in 2007, while Exness began a year later, in 2008. Both platforms are privately owned and not affiliated with traditional banking institutions. When comparing their trustworthiness based on ForexBrokers.com's Trust Score, eToro stands out with a score of 93, indicating it is highly trusted. Exness follows with a respectable score of 81, placing it in the trusted category.
In terms of regulatory compliance, eToro holds three Tier-1 licenses and one Tier-2 license. This positions it as a highly reliable option for traders seeking a regulated platform. Exness has secured two Tier-1 licenses along with three Tier-2 licenses. While both brokers provide assurances of security and legitimacy through their regulatory credentials, eToro offers slightly more peace of mind with a higher number of Tier-1 licenses. This landscape provides a clearer view for potential investors aiming to choose between these two well-regarded trading platforms.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Year Founded | 2007 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
When comparing the commission and fee structures of online brokers eToro and Exness, you'll find that each offers distinct advantages based on different trading needs. eToro operates as a market-maker broker with a variable spread starting at 1 pip on the EUR/USD, which is above the industry average. Despite this, retail traders often choose eToro for its social copy trading platform rather than its competitive spreads. The broker also features a VIP Club with five tiers ranging from Silver to Diamond, each offering benefits like discounted withdrawal fees and a dedicated account manager. In terms of ratings, eToro scores 4.5 out of 5 stars for commissions and fees and ranks 22nd out of 62 brokers according to ForexBrokers.com.
Exness, on the other hand, presents a diverse array of account types, offering five primary selections: two standard accounts and three professional accounts. These include specialized accounts for social copy trading, catering to those interested in sharing their trading strategies. The fee structure at Exness varies depending on the chosen account type. For example, the commission-based accounts tend to have lower spreads, whereas the commission-free options have broader spreads. The Zero Spread account charges a per-trade commission of $0.05, while the Raw account incurs a $7 commission per round turn lot, offering low spreads with market execution. In terms of trader satisfaction, Exness has a rating of 4 out of 5 stars and is ranked 38th out of 62 brokers in the commissions and fees category by ForexBrokers.com.
While eToro might appeal to those interested in social trading features, Exness stands out for its diverse account options and varying fee structures. Both brokers provide unique benefits, making them suitable for different types of traders depending on their priorities. Whether you prioritize social trading and additional perks or a flexible account structure with various commission models, both eToro and Exness offer valuable platforms to meet a range of trading needs.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing eToro and Exness in terms of their available range of investments, several key differences emerge. eToro offers an extensive selection with 5,461 tradeable symbols, far surpassing Exness, which provides 227. This wide array includes 55 forex pairs available as CFDs or spot contracts, along with the opportunity to invest in exchange-traded securities from the U.S. and international exchanges. This means eToro clients can buy shares of companies like Apple and Vodafone directly, in addition to avenues for buying actual cryptocurrencies as well as their derivatives. eToro also includes the popular feature of copy trading, allowing users to replicate the strategies of successful traders.
Exness, on the other hand, focuses heavily on forex trading, offering 96 forex pairs as CFDs or spot contracts, thus providing a more specialized, though narrower, selection. Without access to exchange-traded securities or the ability to purchase actual cryptocurrencies, Exness does provide cryptocurrency derivatives and copy trading options. Despite its strong presence in forex trading, Exness's range of investments is rated 3.5 stars, lower than eToro's 5 stars. According to ForexBrokers.com, eToro ranks highly at #10 out of 62 brokers for the range of investments, while Exness stands at #56, indicating a more limited investment scope compared to eToro.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 227 |
| Forex Pairs (Total) | 55 | 96 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing eToro and Exness, traders can expect each to offer a platform tailored to various needs, as both brokers create their own proprietary platforms. eToro shines with its user-friendly web-based platform that incorporates unique features like simulated trading with free virtual demo accounts and an engaging copy trading function. However, eToro does not support desktop download capabilities, MetaTrader 4 (MT4), or MetaTrader 5 (MT5), focusing instead on an active web experience. One of eToro's standout features is its extensive suite of 161 drawing tools for charting, ideal for those who enjoy in-depth analysis. In terms of platform versatility and ease of use, eToro receives a higher rating of 4.5 stars out of five from ForexBrokers.com, positioning it at #8 among 62 brokers.
Exness, on the other hand, offers a wider range of platform options, including Windows-based desktop download platforms and the popular MetaTrader 4 and MetaTrader 5, appealing to traders who prefer these established setups. Just like eToro, Exness also offers a web-based platform and supports copy trading. With more watch list fields—seven compared to eToro's six—and the ability to trade directly from stock charts, Exness provides features that might favor more traditional or detail-oriented traders. While Exness's platform and tools receive a solid 4-star rating, it ranks lower at #31 out of 62 brokers on ForexBrokers.com, possibly reflecting its diverse but slightly less intuitive platform options. Both platforms offer competitive features, catering to different types of traders looking for specific functionalities.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 107 |
| Charting - Drawing Tools (Total) | 161 | 87 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Exness provide iPhone and Android apps, ensuring users can manage their investments on the go. These apps offer stock or forex price alerts and the ability to create watchlists with real-time quotes, making it simple for traders to stay updated with market moves. Where eToro excels is in its watchlist symbol syncing feature, allowing a seamless integration between the mobile app and the online account. Exness lacks this capability but compensates with the ability to draw trendlines directly on charts, a feature that eToro does not offer.
When it comes to charting tools, eToro provides users with 104 technical studies, far surpassing Exness's offering of 35. Both apps allow traders to view multiple time frames, such as daily or weekly, on their charts, though neither app can auto-save drawn elements. In terms of user ratings, eToro scores slightly higher with a 4.5-star rating against Exness's 4-star rating. According to ForexBrokers.com, eToro ranks 11th out of 62 brokers for mobile trading apps, whereas Exness ranks 32nd, reflecting a generally superior user experience with eToro.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 35 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing eToro and Exness for market research, both platforms provide daily market commentary to keep traders informed. However, while eToro does not offer forex news from top-tier sources like Bloomberg or Reuters, Exness steps up by including such valuable insights. Both brokers integrate tools from Trading Central, ensuring traders have access to technical analysis tools. Moreover, they both provide a sentiment-based trading tool to help track positions across various currency pairs.
Notably, eToro distinguishes itself by offering market research from TipRanks, which Exness does not provide. However, neither broker currently incorporates research tools from Acuity Trading. Furthermore, they both feature an economic calendar to highlight global news events. In terms of ratings, eToro outshines Exness, scoring 4.5 stars compared to Exness's 3.5 stars for research quality. As ranked by ForexBrokers.com, eToro is positioned at #13, while Exness lags behind at #41 out of 62 brokers in the research category.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational offerings for beginners, both eToro and Exness provide a variety of resources to guide new traders through the world of forex and CFDs. Both brokers offer at least ten educational materials like articles, videos, and archived webinars focused on these topics. However, eToro edges ahead with monthly live webinars and a comprehensive archive of recordings, allowing users more opportunities to learn at their own pace. Their robust selection of beginner and advanced videos also means traders at different experience levels can continually develop their skills.
eToro further distinguishes itself with a thorough investor dictionary, helping newcomers understand complex trading terminology. While Exness also includes an investor glossary, it lacks advanced educational videos and monthly webinars, which may limit learning opportunities. Consequently, eToro scores higher in educational offerings, earning a 4.5-star rating compared to Exness’s 3.5. Ranked higher by ForexBrokers.com, eToro holds the impressive 5th spot out of 62 brokers, while Exness is further down at 47th, solidifying eToro as a top choice for educational resources in online trading.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that eToro is better than Exness. eToro finished with an overall rank of #9, while Exness finished with an overall rank of #43.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 81 |
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eToro allows users to buy actual delivered cryptocurrency as well as cryptocurrency derivatives, whereas Exness only offers the ability to purchase cryptocurrency derivatives, not the actual cryptocurrency.
eToro surpasses Exness in funding options by accepting ACH, SEPA, and PayPal for deposits and withdrawals, alongside support for Skrill, Visa, Mastercard, and bank wires, whereas Exness lacks ACH, SEPA, and PayPal capabilities but offers Skrill, Visa, Mastercard, and bank wire options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | eToro Review | Exness Review |
| Broker Screenshots | eToro | Exness | |
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| Regulation | eToro | Exness | |
|---|---|---|---|
| Trust Score | 93 | 81 | |
| Year Founded | 2007 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | eToro | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | eToro | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 227 | |
| Forex Pairs (Total) | 55 | 96 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Exness | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Exness | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | eToro | Exness | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 107 | |
| Charting - Drawing Tools (Total) | 161 | 87 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 35 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Exness | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | Exness | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | eToro Review | Exness Review |
| Overall | eToro | Exness | |
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| Trust Score | 93 | 81 | |
| Winner | check_circle | ||
| Review | eToro Review | Exness Review |
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