eToro vs Exness, for 2022
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
Losses can exceed deposits
eToro vs Exness Guide
Read our In-Depth eToro vs Exness Review - for 2022
This eToro vs Exness review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs Exness review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Exness Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Exness
Every online trading system has some ups and downs, and no eToro and Exness review would be complete without showing both sides. Compare eToro and Exness to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between eToro or Exness. Who is better in 2022?
This eToro vs Exness comparison contains the latest information so you can easily compare Exness against eToro.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage as you continue trading. For starters, you need to choose the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. eToro and Exness are two such trading platforms that will take you and your investment to great heights. It's crucial that you compare eToro vs Exness before you trust them with your cash.
Our eToro vs Exness comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Exness side by side.
Our entire eToro vs Exness Review covers everything you will need to learn about trading using either eToro or Exness. A fantastic agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
eToro and Exness are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of both eToro and Exness. This review can allow you to know whether either Exness or eToro is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of eToro and Exness Compared
eToro has a minimum deposit of $50 while Exness offers a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro and Exness compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro has around 100 financial instruments whilst Exness allows you to trade around 100 on their platform.
The more financial instruments you can trade on the eToro and Exness trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of eToro or Exness.
eToro and Exness Contact Details
Being able to contact a broker easily is a sign of a professional broker. eToro and Exness have the following contact details and social medias that you can use.
|Address||24th floor, One Canada Square, Canary Wharf, London, E14 5AB|
|eToro Twitter Account||Exness Twitter Account|
|eToro Facebook Page||Exness Facebook Page|
|eToro Instagram Account||Exness Instagram Account|
|eToro LinkedIn Page||Exness LinkedIn Page|
|YouTube||eToro YouTube Channel||Exness YouTube Channel|
|Find Out More||
Exness and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and Exness will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs Exness - Awards
eToro have won numerous industry awards over the time they have been running as a financial broker. We show the most recognised awards for eToro here.
|At the time of writing this Exness review, and despite Exness’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
eToro vs Exness - Frequently Asked Questions
eToro vs Exness - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Exness was founded in 2008 and has its headquaters in Cyprus.
What is the minimum deposit for Exness or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Exness is $1.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Exness are a good choice.
eToro vs Exness - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF).
Both eToro and Exness have a powerful set of rules for ensuring honest trading onto their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs Exness Commission And Fees
eToro and Exness are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people that are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither eToro or Exness charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees charged by eToro and Exness are relatively lower. As a result, you are billed more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.
This eToro vs Exness review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For eToro And Exness
What Languages Do eToro And Exness Support?
Being able to communicate completely with your trading broker is a key element when comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find all the languages that both eToro and Exness offer communication in.
How Many Clients Do eToro and Exness Have?
Both eToro and Exness are well established with their client base. It is important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients eToro and Exness have
|Clients / Users||20,000,000+||10,000+|
|Find Out More||
What Payment Methods Do eToro and Exness Accept?
eToro and Exness both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and Exness
What Can You Trade With eToro and Exness?
eToro offers 100 trading instruments and Exness offers 100.
Below you will find a full breakdown of what both eToro and Exness offer.
Compare eToro To All Other Brokers
Compare Exness To All Other Brokers
eToro vs Exness:
Table Of Contents
- Compare eToro vs Exness
- Benefits of eToro and Exness Compared
- Exness and eToro Mobile App Comparison
- eToro vs Exness - Awards
- eToro vs Exness - Frequently Asked Questions
- What is the minimum deposit for Exness or eToro
- eToro vs Exness - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Exness
- What Languages Do eToro And Exness Support?
- How Many Clients Do eToro and Exness Have?
- What Payment Methods Do eToro and Exness Accept?
- What Can You Trade With eToro and Exness?