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

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.

VISIT EXNESS
Super Trading Online
8.3 /10

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.

VISIT SUPER TRADING ONLINE
Axitrader
9.9 /10

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.

VISIT AXITRADER
About

Exness is regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF. Exness have provided Forex trading services since 2008.

Super Trading Online is regulated by CySEC. Super Trading Online have provided Forex, Spread betting, CFD trading services since 2010.

Axitrader is regulated by the Financial Conduct Authority. Axitrader have provided Forex trading services since 2007.

Why choose them?
  • Yes Over 10 years in business
  • Yes Segregates clients funds
  • Yes Regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF
  • Yes Over 8 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority, CySEC
  • Yes Over 11 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority and ASIC
Headquarters Limasol, Cyprus; St. Vincent and the Grenadines Limassol, Cyprus 36 Leadenhall Street, London EC3A 1 AT, United Kingdom

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) No No Yes
CFD No No Yes
Spread Betting No No Yes
Social Trading No No Yes
MARKETS & INSTRUMENTS
Forex (currency pairs) 103 37 80
Commodities Offered 0 0 6
Stocks Offered 0 92 0
Bitcoin No No Yes
Majors Yes Yes Yes
Indices No Yes Yes
US Stocks No Yes No
Penny stocks No No No
Energies Yes Yes Yes
Metals No Yes Yes
Agriculturals Yes Yes Yes
FTSE No Yes Yes
Dow Jones No Yes Yes
Dax No Yes Yes
Nikkei No Yes No
ETFs No No No
IPO No No No
See all instruments

54.3% of retail investor accounts lose money when trading CFDs with this provider

See all instruments

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

See all instruments

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 Yes Yes Yes
MT5 Yes No No
MT4 Mac Yes No Yes
WebTrader Yes Yes Yes
Mirror Trader No No No
ZuluTrade No No Yes
Sirix No No No
cTrader No No No
PAMM No No No
Custom Platforms No AFX Fast No

APPS

iOS image Yes Yes Yes
Android image Yes Yes Yes
Windows image No No Yes
Available Languages

English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish

English, Russian, Italian, Arabic, and Chinese

English, Chinese, Spanish, Thai, Italian, Polish, German, Vietnamese, Japanese, Russian, Romanian, and Arabic

See platform & features

54.3% of retail investor accounts lose money when trading CFDs with this provider

See platform & features

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

See platform & features

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by Exness and Super Trading Online

Demo account Yes Yes Yes
Mini account Yes No Yes
Micro account No Yes Yes
Standard account Yes Yes Yes
ECN Account Yes Yes Yes
Islamic account Yes Yes Yes
Zero spread account No No Yes
VIP account No Yes Yes
Fixed spreads Yes Yes Yes
Variable spreads Yes Yes Yes
See account options

54.3% of retail investor accounts lose money when trading CFDs with this provider

See account options

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

See account options

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

TRADING CONDITIONS

Scalping Yes Yes Yes
Hedging Yes Yes Yes
Expert advisors (EAs) Yes Yes Yes
Virtual private server Yes Yes Yes
Direct market access No Yes Yes
STP broker Yes Yes Yes
Market maker Yes Yes Yes
Min trade 0.01 Lot 0.01 Lot 0.01 Lot
Max trade 200 Lot None 100 Lots
Min deposit $1 $20 $1

RISK MANAGEMENT

Stop losses No Yes Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops No Yes Yes
Price alerts Yes Yes Yes
Signal trading No Yes Yes

FUNDING METHODS

Credit card Yes Yes Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No No No
Neteller Yes Yes Yes
Skrill No Yes Yes
Payment processing time 1 business day 1 business day Instant via debit/credit card
Withdrawal processing time 1 business day 3 business days Same or next day with local payments. International payments take 3-5 days.
See all funding options

54.3% of retail investor accounts lose money when trading CFDs with this provider

See all funding options

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

See all funding options

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

DETAILED INFO

Excluded countries US US US, JP
Contact email Send Email Send Email Send Email
Phone number 357 25 030 959 357 25-020605 44 207 096 7488
Live Chat No Yes No
Website https://www.exness.com/ http://www.stofs.com/ www.axitrader.com
Spreads:
EUR/USD (Average: 0.7 pips) 1.1 pips Not offered 0.2 pips
GBP/USD (Average: 1.1 pips) 1.2 pips Not offered 0.6 pips
USD/JPY (Average: 1.1 pips) 0.2 pips Not offered 0.1 pips
AUD/USD (Average: 0.8 pips) 0.2 pips Not offered 0.1 pips
USD/CHF (Average: 2.3 pips) 0.3 pips Not offered 0.2 pips
USD/CAD (Average: 2.9 pips) 0.3 pips Not offered 0.2 pips
NZD/USD (Average: 3.6 pips) 0.2 pips Not offered 0.2 pips
EUR/GBP (Average: 2.4 pips) 0.3 pips Not offered 0.2 pips
View all spreads

54.3% of retail investor accounts lose money when trading CFDs with this provider

View all spreads

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

View all spreads

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FEES

Inactivity Fee No No No
Commission $10- $30 No Yes
Deposit Fee Yes No None
Withdrawal Fee Yes No None
View All Fees

54.3% of retail investor accounts lose money when trading CFDs with this provider

View All Fees

68.77% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd

View All Fees

68.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Featured In Best Brokers That Accept Perfect Money
Best Brokers For Cross Currency Pairs
Best Brokers For EUR/USD
Best Brokers For Gold
Best CySEC Regulated Brokers
Best Brokers For Expert Advisors
Best Brokers With VPS
Best Brokers For Indices
Best FCA Regulated Brokers
Best CySEC Regulated Brokers
Best Brokers For Copper
Best FTSE100 Brokers
Best Dow Jones Brokers
Best DAX Brokers
Best FCA Regulated Brokers
Last update

All information collected from https://www.exness.com/. Last updated on 01/09/2019.

All information collected from http://www.stofs.com/. Last updated on 01/09/2019.

All information collected from www.axitrader.com. Last updated on 01/09/2019.

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.

By choosing to open an account with EXNESS you will be choosing a brokerage that has access to leading positions in the forex market, free VPS hosting and available on multiple platforms including the universal standard MT4 and MT5. They are a top choice for traders seeking a quality online broker and are opening over 15,000 new accounts every month.

Super Trading Online is an online forex trading service provider who are regulated by the Financial Conduct Authority, CySEC. To open an account with Super Trading Online, minimum deposits start from $20.

With Super Trading Online you can trade Forex, indices, commodities, equities, and bonds. If you like to trade on the go, Super Trading Online have an Android app so you can trade from anywhere on your phone.

Super Trading Online offer MetaTrader 4, AFX Fast platforms to make your trades and support 5 different languages.

The spreads offered by Super Trading Online for the most popular instruments are:
1.8 EUR/USD, 1.0 FTSE 100, 38.0 GOLD,
2.1 GBP/USD, 3.0 DOW/JONES, 4.0 Crude Oil,
see all the spreads here.

Axitrader is an online forex trading sevice provider who are regulated by the Financial Conduct Authority and ASIC. To open an account with Axitrader, minimum deposits start from $200.

With Axitrader you can trade 61 FX pairs, metals, and CFDs. If you like to trade on the go, Axitrader have iPhone, iPad and Android apps so you can trade from anywhere on your phone.

Axitrader offer MT4 for PC, MT4 for Mac, MT4 for Mobile, MT4 NexGen, MT4 Trading Signals, AxiTrader's Multi Account Manager platforms to make your trades and support 6 different languages.

They also offer a free demo account for traders who want to refine their trading skills.

The spreads offered by Axitrader for the most popular instruments are:
0.6 EUR/USD, 0.5 FTSE 100, 0.5 GOLD,
1 GBP/USD, 1 DOW/JONES, 0.5 Crude Oil,
see all the spreads here.



For more information about trading with Axitrader, we have put together an indepth Axitrader review with all the pros and cons about this broker.

Popular comparisons

Popular comparisons feat. Exness

Exness Alternatives

ETX Capital vs Exness
Core Spreads vs Exness
Plus500 vs Exness
IG vs Exness
Avatrade vs Exness

Popular comparisons feat. Super Trading Online

Super Trading Online Alternatives

ETX Capital vs Super Trading Online
Core Spreads vs Super Trading Online
Plus500 vs Super Trading Online
IG vs Super Trading Online
AvaTrade vs Core Spreads

Popular comparisons feat. Axitrader

Axitrader Alternatives

Axitrader vs Pepperstone
Axitrader vs IC Markets
Axitrader vs XM
Axitrader vs IG
Axitrader vs Oanda

Exness or Super Trading Online?

Regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF or low spreads?

If you want a broker with lower spreads on currency pairs like EUR/USD, Super Trading Online may be more appropriate. Exness and Super Trading Online offer similar trading methods.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider Exness and Super Trading Online to be equally reliable. We’ve broken down why below:

Who are they regulated by?

Exness is regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF, while Super Trading Online is regulated by Financial Conduct Authority, CySEC.

As the Financial Conduct Authority are one of the most stringent regulators in the world, Super Trading Online will have very strict guidelines to follow to ensure they protect their retail trader clients.

Axitrader are also regulated by the Financial Conduct Authority.

How long have they been around for?

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 Super Trading Online have been around for 9 years. Our third alternative broker, Axitrader, have been around for 12 years.

Do they hold your money in a separate bank account?

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.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

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 Super Trading Online use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

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 Super Trading Online in the past five years.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

Are they publicly listed?

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 Super Trading Online are privately owned companies.

Where are they located?

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 Super Trading Online are based in Limassol, Cyprus .

Do they offer the features you need?

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:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both Exness and Super Trading Online offer forex trading. Exness have a slightly larger variety of currency pairs with 103 pairs, compared to 37 offered by Super Trading Online. Also, if you’re looking to trade cryptocurrencies,

Both Exness and Super Trading Online allow you to trade commodities like gold, silver and crude oil.

Platforms & Account Types

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 Super Trading Online offer this. Exness also offer the new & improved MT5 platform. Our alternative broker, Axitrader, 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. Axitrader, for example, offer a mini account, standard account and VIP account.

For Muslim traders, Exness offers an Islamic account, which doesn’t accrue interest or incur/receive rollover swap points, as this is prohibited in Shariah law. You can learn more & compare Islamic trading accounts head-to-head here.

Trading features, risk management tools & funding methods

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 Super Trading Online also allows scalping and hedging. You can trade with EAs (expert advisors) on both Exness and Super Trading Online.

In terms of risk management tools, neither Exness or Super Trading Online offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.

Exness accept Neteller while Super Trading Online accept Neteller.

Are they affordable for what you need?

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 charges 0.10 points, while Super Trading Online charges 1.80 points. Therefore, Exness is the more affordable for this instrument. If you want to compare their spreads across more instruments, 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.

The Verdict: Exness or Super Trading Online?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Super Trading Online is more reliable based on our criteria above. Super Trading Online 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.