Exness vs NordFX - Fees Review included
Which broker is better Exness or NordFX? Our expert assessment conducted according to TU’s own methodology showed that Exness is one of the top brokers in the financial market with the TU Overall Score of 8.7 out of 10. NordFX is one of the top brokers in the financial market with the TU Overall Score of 6.98 out of 10. Find out more about TU Overall Score.
| Feature | Exness | NordFX |
|---|---|---|
Overall |
4.7 |
4.1 |
4.8 |
3.5 |
|
4.8 |
4.5 |
|
3.9 |
3.6 |
|
Investment Instruments |
4.1 |
5 |
Platforms and Charting Tools |
4.2 |
4.5 |
Deposit and Withdrawal |
4.6 |
4.4 |
Research |
4.7 |
4 |
Education |
4.8 |
4.2 |
Support |
4.5 |
4.4 |
Bonuses |
3.1 |
3.8 |
|
|
|
Exness vs NordFX: Pros and Cons
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
NordFX is an international company founded in 2008. Over the years, the broker has been awarded over 50 prestigious awards and various prizes. You can find below a shortlist of the company's achievements over the past decade. In 2020, NordFX received the “Best Platform for Central Asset Accounts” award. Earlier in the year, its affiliate program received this award as well as the social trading platform award. According to the Masterforex-V Academy, NordFX became the best world broker in 2019. In 2018, it was declared the Best Broker in Asia. Since 2011, its bonus programs, promotions, and partner programs have regularly been recognized as the best in Asia. The high quality of service was noted and NordFX was recognized as the “Best Forex broker in China” for the quality of its dealing. NordFX operates in nearly 190 countries and has over 1.25 million trading accounts. The company offers services for active and passive trading on the Forex market. It operates under the jurisdiction of the British Virgin Islands.
| Exness | NordFX | |
|---|---|---|
| Overall Pros | Trading With Leverage up to 1:2000 | Saving account for investors |
| Big choice of ECN/STP accounts | Copy trading and PAMM are available | |
| Low trading and non trading fees | Zero spread account for active traders | |
| Free VPS hosting | Attractive affiliate program | |
| Quotes history | Free trading signals | |
| Free VPS | ||
| Deposits in crypto | ||
| Overall Cons | Not a big choice of trading assets | Offshore regulation |
| No forex bonuses | Only 35 supported FX pairs | |
| High card withdrawal fee |
Exness vs NordFX: Safety and Regulation
| Exness | NordFX | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Not regulated |
Investor protection |
€20,000 £85,000 |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
Yes |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
Exness vs NordFX: Trading Conditions
| Trading Conditions | Exness | NordFX |
|---|---|---|
Minimum Deposit |
$1 |
$10 |
Trading Platforms |
MT4, MT5, MultiTerminal |
МТ4, MT5, MultiTerminal, NordFx Mobile |
Max Leverage (Futures) |
1-2000 |
1-1000 |
Supported Markets |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Forex, CFDs on indices, stocks, commodities, crypto, metals |
Trading assets |
100+ |
100+ |
Trading Accounts |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
Fix, Pro, Zero, Savings |
Base Account Currencies |
USD |
USD |
Exness vs NordFX: Fees
| Exness | NordFX | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,6 |
0,9 |
Standard acc. spread EUR/USD, max pips |
1,5 |
1,2 |
ECN Commission |
3 |
3 |
ECN Spread EUR/USD |
0,1 |
0,1 |
Deposit fee, % |
No |
0-1,99 |
Withdrawal fee, % |
No |
0-5 |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Exness vs NordFX: Trading Assets
| Asset Name | Exness | NordFX |
|---|---|---|
Overall |
100+ trading assets |
100+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Exness or NordFX: Investment Programs
| Asset Name | Exness | NordFX |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: NordFX or Exness
| Exness | NordFX | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
Exness terminal |
NordFx Mobile |
Others |
No |
No |
|
|
|
Exness vs NordFX: Deposit and Withdrawal Methods
| Exness | NordFX | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Exness vs NordFX: Research
| Research Type | Exness | NordFX |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Exness vs NordFX: Education
| Education Type | Exness | NordFX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
NordFX vs Exness: Support
| Support Features | Exness | NordFX |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Exness vs NordFX: Forex Bonuses and Promo
| Promo | Exness | NordFX |
|---|---|---|
Forex Bonus |
Not offered |
Referal bonus 10% |
Affiliate Program |
40% of trading commissions |
Up to 60% of referrals spread |
Other Promos |
||
|
|
|
Top 5 Reviews on NordFX
-
Comment
NordFX offers a wide range of trading instruments: 33 currency pairs, 6 cryptocurrency pairs, 10 CFDs on indices, and 23 CFDs on commodities such as gold, oil, and gas. Trading is available on MT4 and MT5 platforms, with mobile trading supported. The minimum lot size is 0.01, and EUR/USD spreads can start from 0.0 pips on some accounts. Additionally, NordFX supports PAMM services and copy trading, allowing passive investment by copying successful traders.
-
Comment
NordFX has extensive experience in the industry — the company was founded in 2008 and serves clients from over 190 countries. The minimum deposit is just $10 for the MT4 Pro account type, which allows beginner traders to try live trading with minimal costs. Leverage of up to 1:1000 is among the highest offered by forex brokers, which may appeal to those looking to maximize their available capital. However, it’s worth noting that customer support is available only five days a week, which may be inconvenient for active traders.
-
Comment
Before opening an account with NordFX and transferring my money here, I studied reviews of this broker and I found many positive reviews. Moreover, the broker offers normal trading and that is why I work with this company.
-
Comment
A major issue with NordFX is the price charts. During strong market movements, the platform may not work for several hours. I miss the most crucial moment for earning. At night, the GBPUSD pair stays motionless for two hours. Then, movement suddenly starts with a price gap. Opening an order at the desired price with NordFX is very problematic. Therefore, personally, I do not recommend dealing with this company!
-
Comment
At NordFX, there are frequent issues with the trading terminal. Firstly, there are freezes during the release of important news. In such cases, an order may open after a significant price gap, resulting in substantial losses for me. Secondly, I can't understand why the NordFX terminal stops working at different times. This can happen at the most inconvenient moments, and, of course, I incur losses. The support team does not address terminal issues; they simply suggest changing my internet provider.
Top 5 Reviews on Exness
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
-
Comment
best trading platform and it has the best technical team
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.