Spreadex vs Exness 2024

Spreadex is not publicly traded and does not operate a bank. Spreadex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Spreadex is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA).

Exness is not publicly traded and does not operate a bank. Exness is authorised by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulator (High Risk). Exness is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

SpreadEx is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. SpreadEx still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.

Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

To open a trading account with Spreadex, you'll need to make an initial minimum deposit of $0.

Exness requires a minimum deposit of $10 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Spreadex offers Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw) for banking, whereas Exness provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Spreadex offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Exness holds 2 global Tier-1 licenses, while Spreadex holds 1. Exness holds 3 global Tier-2 licenses, while Spreadex holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Exness (81) earned a higher Trust Score than Spreadex (71).

To compare the trading platforms of both Spreadex and Exness, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Exness offers a better experience. With research, Spreadex offers superior market research. Finally, we found Exness to provide better mobile trading apps.

Here’s what trading platforms are available at Spreadex:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - No
• ZuluTrade - No
• TradingView - Yes

Here’s what trading platforms are available at Exness:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Exness offers MetaTrader 4 (MT4), while Spreadex does not. Forex traders also appreciate the ability to engage in social copy trading. While Exness offers copy trading, Spreadex does not.

Exness provides traders 96 currency pairs (e.g., EUR/USD) compared to Spreadex's 52 available pairs. If you are interested in trading a full range of securities, Spreadex offers traders access to 10000 tradeable symbols, while Exness offers access to 227 tradeable symbols; so Spreadex offers 9773 more tradeable symbols than Exness.

We found in our testing that Spreadex offers a more diverse selection of investment options than Exness, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Spread Betting. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).