Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
![]() |
![]() |
![]() |
||
---|---|---|---|---|
BrokerDNA™
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
Exness
9.5
/10
VISIT EXNESS
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
Admiral Markets
9.8
/10
VISIT ADMIRAL MARKETS
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
XTB
10
/10
VISIT XTB
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
|
About |
Exness is regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF. Exness have provided Forex trading services since 2008. |
Admiral Markets is regulated by BaFin, the Financial Conduct Authority and CNMV. Admiral Markets have provided Forex, Commodities, Indices, Shares, Bond trading services since 2001. |
XTB is regulated by the Financial Conduct Authority. XTB have provided Forex, CFD, and social trading services since 2002. |
|
Why choose them? |
|
|
|
|
Headquarters | Limasol, Cyprus; St. Vincent and the Grenadines | London, UK | Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK | |
TRADING SERVICES OFFERED |
||||
Spot Forex | ||||
Forex (CFD) | ||||
CFD | ||||
Spread Betting | ||||
Social Trading | ||||
MARKETS & INSTRUMENTS | ||||
Forex (currency pairs) | 103 | 47 | 48 | |
Commodities Offered | 0 | 15 | 21 | |
Stocks Offered | 0 | 3000 | 1606 | |
Bitcoin | ||||
Majors | ||||
Indices | ||||
US Stocks | ||||
Penny stocks | ||||
Energies | ||||
Metals | ||||
Agriculturals | ||||
FTSE | ||||
Dow Jones | ||||
Dax | ||||
Nikkei | ||||
ETFs | ||||
IPO | ||||
See all instruments
54.3% of retail investor accounts lose money when trading CFDs with this provider |
See all instruments
83% of retail investor accounts lose money when trading CFDs with this provider |
See all instruments
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
PLATFORM & FEATURES |
See the platforms and features offered by each broker |
|||
Screenshot |
![]() |
![]() |
![]() |
|
MT4 | ||||
MT5 | ||||
MT4 Mac | ||||
WebTrader | ||||
Mirror Trader | ||||
ZuluTrade | ||||
Sirix | ||||
cTrader | ||||
PAMM | ||||
Custom Platforms | No | -No | Xstation5 | |
APPS |
||||
iOS |
||||
Android |
||||
Windows |
||||
Available Languages |
English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish |
English, Spanish, Hungarian, Bulgarian, Czech, German, Dutch, French, Estonian, French, Greek, Latvian, Lithuanian, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian |
English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian. |
|
See platform & features
54.3% of retail investor accounts lose money when trading CFDs with this provider |
See platform & features
83% of retail investor accounts lose money when trading CFDs with this provider |
See platform & features
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
ACCOUNT INFORMATION |
From micro accounts to ECN accounts, compare the accounts offered by Exness and Admiral Markets |
|||
Demo account | ||||
Mini account | ||||
Micro account | ||||
Standard account | ||||
ECN Account | ||||
Islamic account | ||||
Zero spread account | ||||
VIP account | ||||
Fixed spreads | ||||
Variable spreads | ||||
See account options
54.3% of retail investor accounts lose money when trading CFDs with this provider |
See account options
83% of retail investor accounts lose money when trading CFDs with this provider |
See account options
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
TRADING CONDITIONS |
||||
Scalping | ||||
Hedging | ||||
Expert advisors (EAs) | ||||
Virtual private server | ||||
Direct market access | ||||
STP broker | ||||
Market maker | ||||
Min trade | 0.01 Lot | 0.01 Lot | 0.01 Lot | |
Max trade | 200 Lot | 200 Lot | 100 Lot | |
Min deposit | $1 | $100 | $1 | |
RISK MANAGEMENT |
||||
Stop losses | ||||
Limit orders | ||||
One-click trading | ||||
Trailing stops | ||||
Price alerts | ||||
Signal trading | ||||
FUNDING METHODS |
||||
Credit card | ||||
Bank transfer | ||||
Standard account | ||||
Paypal | ||||
Neteller | ||||
Skrill | ||||
Payment processing time | 1 business day | 1 business day | Same day if requested before 1PM | |
Withdrawal processing time | 1 business day | 3 business days | Same day if requested before 1PM | |
See all funding options
54.3% of retail investor accounts lose money when trading CFDs with this provider |
See all funding options
83% of retail investor accounts lose money when trading CFDs with this provider |
See all funding options
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
DETAILED INFO |
||||
Excluded countries | US, CA, JP, SG, MY, JM, IR, TR | US, CA, JP, SG, MY, JM, IR, TR | US,IN,PK,BD,IQ,IR,IL,AF,AU,CA | |
Contact email | Send Email | Send Email | Send Email | |
Phone number | 357 25 030 959 | (44) (0) 2035140756 | 44 2036953085 | |
Live Chat | ||||
Website | https://www.exness.com/ | https://admiralmarkets.com/ | www.xtb.com | |
Spreads: | ||||
EUR/USD (Average: 0.7 pips) | 1.1 pips | 0.1 pips | 0.1 pips | |
GBP/USD (Average: 1.1 pips) | 1.2 pips | 0.1 pips | 0.1 pips | |
USD/JPY (Average: 1.1 pips) | 0.2 pips | 0.1 pips | 0.1 pips | |
AUD/USD (Average: 0.8 pips) | 0.2 pips | 0.1 pips | 0.2 pips | |
USD/CHF (Average: 2.3 pips) | 0.3 pips | 0.1 pips | 0.2 pips | |
USD/CAD (Average: 2.9 pips) | 0.3 pips | 0.1 pips | 0.3 pips | |
NZD/USD (Average: 3.6 pips) | 0.2 pips | 0.1 pips | 0.3 pips | |
EUR/GBP (Average: 2.4 pips) | 0.3 pips | 0.3 pips | 0.1 pips | |
View all spreads
54.3% of retail investor accounts lose money when trading CFDs with this provider |
View all spreads
83% of retail investor accounts lose money when trading CFDs with this provider |
View all spreads
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
FEES |
||||
Inactivity Fee | No | Yes | No | |
Commission | $10- $30 | Yes | Yes | |
Deposit Fee | Yes | Varies | No | |
Withdrawal Fee | Yes | Yes | No | |
View All Fees
54.3% of retail investor accounts lose money when trading CFDs with this provider |
View All Fees
83% of retail investor accounts lose money when trading CFDs with this provider |
View All Fees
75% of retail investor accounts lose money when trading CFDs with this provider. |
||
Featured In | Best Brokers That Accept Perfect MoneyBest Brokers For Cross Currency PairsBest Brokers For EUR/USDBest Brokers For GoldBest CySEC Regulated Brokers | Best Ripple BrokersBest Brokers For MetalsBest DAX BrokersBest Brokers That Accept Credit CardsBest CySEC Regulated Brokers | Best Brokers That Accept PayPalBest Forex Islamic AccountsBest Litecoin BrokersBest Brokers For GoldBest Brokers For Copper | |
Last update |
All information collected from https://www.exness.com/. Last updated on 01/12/2019. |
All information collected from https://admiralmarkets.com/. Last updated on 01/12/2019. |
All information collected from www.xtb.com. Last updated on 01/12/2019. |
|
Company |
EXNESS was founded in 2008 and have quickly become a global leader in forex brokerage with a monthly trading volume of over 180 billion USD. EXNESS have grown to a leading player in the online brokerage company by providing 0% commission on deposit and withdrawals, tight spreads, no hidden commissions, instant withdrawals and 24/7 technical support in 13 different languages. |
Admiral Markets has become a leading online trading provider since 2001 offering Forex and CFDs on stocks, indices and commodities. Their dedication to providing a quality experience for their customers have seen them provide the latest technology, strong regulatory authorisation, flexible trading accounts and a global presence leading to a trusted and transparent trading experience. For more information about trading with Admiral Markets, we have put together an indepth Admiral Markets review with some of the pros and cons about this broker. |
XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances. |
|
Popular comparisons |
Popular comparisons feat. Exness
ETX Capital vs Exness |
Popular comparisons feat. Admiral Markets
Admiral Markets vs IG |
Popular comparisons feat. XTB
XTB vs IG |
If you’re a trader looking for a broker that offers Islamic accounts, Exness may be the better option. However, if you want a broker with a large range of instruments available to trade, Admiral Markets may be more suitable.
You can determine a broker’s reliability & trustworthiness by looking at eight factors:
Based on these eight factors, we consider Admiral Markets to be the more reliable broker. We’ve broken down why below:
Exness is regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF, while Admiral Markets is regulated by Financial Conduct Authority, CySEC.
XTB are also regulated by the Financial Conduct Authority.
If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).
This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.
Exness has been around for 11 years, while Admiral Markets have been around for 18 years. Our third alternative broker, XTB, have been around for 17 years.
You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?
Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.
All three brokers above will hold your money in a separate bank account.
Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.
Both Exness and Admiral Markets use tier one banks, but we are not sure of which bank specifically.
If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.
We’re not aware of any penalties or fines imposed by regulators on Exness or Admiral Markets in the past five years.
While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.
Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.
Both Exness and Admiral Markets are privately owned companies.
Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.
Exness are based in Limasol, Cyprus; St. Vincent and the Grenadines, while Admiral Markets are based in London, UK .
Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.
This can be broken down into three categories:
If you’re looking to trade currency pairs, both Exness and Admiral Markets offer forex trading. Exness have a slightly larger variety of currency pairs with 103 pairs, compared to 47 offered by Admiral Markets. Also, if you’re looking to trade cryptocurrencies, Admiral Markets offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.
Both Exness and Admiral Markets allow you to trade commodities like gold, silver and crude oil.
If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both Exness and Admiral Markets offer this. Both brokers also offer the new & improved MT5 platformOur alternative broker, XTB, also offers MT4 and MT5.
In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. Admiral Markets, for example, offer a mini account, standard account and VIP account.
If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.
Exness does allow scalping and hedging. While Admiral Markets also allows scalping and hedging. You can trade with EAs (expert advisors) on both Exness and Admiral Markets.
In terms of risk management tools, neither Exness or Admiral Markets offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.
Exness accept Neteller while Admiral Markets accept Neteller.
Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.
For trading EUR/USD, Exness and Admiral Markets both charge 0.10 points. Therefore, both brokers are equally affordable for this instrument. You can jump back up to our comparison of their currency pair & indice spreads above.
Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Admiral Markets is more reliable based on our criteria above. Admiral Markets has a wider range of instruments to trade. Exness offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.
Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:
Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.