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 considering commissions and fees, eToro offers a typical variable spread of 1 pip on the popular EUR/USD currency pair, which is slightly above the industry average. This market-maker broker, rated 4.5 stars for its commission and fee structure by ForexBrokers.com, isn't primarily chosen for its competitive spreads but for its innovative social copy trading platform. Traders with larger balances can enjoy additional perks through the eToro Club's five-tier VIP membership, which offers benefits such as access to Trading Central and reduced withdrawal and deposit fees, depending on the tier ranging from Silver to Diamond.
Exness, on the other hand, provides a diverse array of accounts catering to different trading needs, including two standard accounts and three professional variants. Rated 4 stars by ForexBrokers.com, Exness allows traders to choose between commission-free accounts with higher spreads or commission-based accounts with lower spreads. Unique to Exness are their social copy trading accounts, aimed at those interested in sharing and adopting trading strategies. The broker ranks #35 out of 62 in the Commissions and Fees category, offering flexibility with trading executions, such as market execution across most accounts, while their Pro account includes an option for instant execution.
In summary, while eToro ranks #22 out of 62 brokers in ForexBrokers.com's Commissions and Fees category, it stands out more for its social trading features than its spread offerings. Exness appeals to a diverse clientele with varied account types that carefully balance between lower commissions or reduced spreads, depending on the selected trading account. Both brokers have carved niches in specific areas, with eToro being a leader in social trading experiences and Exness providing flexibility and account variety for traders at different expertise levels.
| 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 for their range of investments, eToro stands out with a significantly larger selection of tradeable symbols, offering 5461 options compared to Exness's 227. Both platforms support forex trading as CFDs, with Exness providing a broader choice of 96 forex pairs against eToro's 55. However, eToro excels in offering exchange-traded securities on both U.S. and international exchanges, which Exness does not provide. This means eToro users can purchase shares like Apple or Vodafone directly, expanding their investment possibilities.
Both eToro and Exness offer copy trading capabilities, allowing users to mirror the strategies of successful traders. Additionally, while both brokers allow trading in cryptocurrency derivatives, eToro provides the advantage of purchasing actual cryptocurrencies, setting it apart in a growing digital asset landscape. With these offerings, eToro is rated 5 stars and ranked 10th out of 62 brokers by ForexBrokers.com for its range of investments. In contrast, Exness holds a 3.5-star rating and is ranked 55th, highlighting eToro's extensive investment opportunities.
| 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.
eToro and Exness both offer impressive trading platforms and tools, though there are differences that traders may want to consider. Both brokers provide free virtual demo accounts and proprietary platforms, making it easy for users to explore and learn before committing funds. While eToro lacks a Windows-based desktop download platform, it offers a versatile web-based platform accessible through browsers. Exness, on the other hand, supports Windows desktop downloads, along with web-based trading. When it comes to popular trading software, Exness stands out by offering MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are not available on eToro. Both brokers support copy trading, but neither supports automation services like DupliTrade or ZuluTrade.
In terms of charting tools, eToro provides an extensive range of 161 drawing tools compared to the 87 offered by Exness. However, Exness offers the advantage of trading directly from stock charts, a feature eToro lacks. For watch lists, Exness allows for slightly more customization with seven fields compared to eToro's six. In rankings and ratings, eToro achieves a higher score for its trading platforms and tools with 4.5 stars, ranking 8th out of 62 brokers according to ForexBrokers.com. In comparison, Exness receives 4 stars and holds the 26th position. This comparison helps highlight the unique tools both platforms offer, assisting traders in determining which broker best suits their trading needs.
| 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 offer mobile trading apps for iPhone and Android devices, providing convenience for traders on the go. While both platforms support stock and forex price alerts, eToro stands out with its feature that synchronizes watchlists between its mobile app and online account, a function Exness lacks. Regarding technical studies for charting, eToro offers 104, significantly surpassing Exness's 35. However, when it comes to drawing trendlines on charts, Exness takes the lead by providing this feature, which eToro does not offer. Both apps allow users to view various time frames like daily or weekly, support real-time quotes, and neither saves chart drawings automatically.
The user ratings for mobile trading apps show eToro has a slight edge with a 4.5-star rating compared to Exness's 4 stars. This translates into a higher ranking by ForexBrokers.com, placing eToro at 10th out of 62 brokers, while Exness holds the 26th spot. Whether you're looking for a seamless watchlist syncing experience or advanced charting tools, understanding these differences can help you make an informed decision between eToro and Exness for your mobile trading needs.
| 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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