Both the Exness trading app and the XM trading app are equally vibrant, but deeper research reveals many subtle differences related to compatibility, transaction costs, re-quotes, etc.。

Trading application options have increased in recent years。Popular international brokers such as Exness and XM even offer mobile app experiences with almost the same functionality as their desktop trading platforms。

Even if more innovation and competition is good for investors, choosing the platform that best meets your goals can be challenging。Therefore, we thoroughly investigated the Exness trading app and the XM trading app to determine the best platform in multiple categories。

In general, the Exness trading app is more recommended for instant withdrawals and MT5 users; on the other hand, the XM trading app is widely recognized for its no-re-quote policy and compatibility with MT4 and MT5 users。Below we come to understand the details。

Exness Trading Application

Rating:

• Google Play Store: 4.3 out of 5 from 88,800 reviewers
  Apple AppStore: 4.5 out of 5 from 742 reviewers

Downloads:

• Google Play Store: 10 million +
  Apple AppStore：n/d

General characteristics:

• Minimum deposit: $10
  Spread: variable, standard account from 0.3 start, professional account from 0.0 Start
  Commission: No commission, original spread account (up to 3 per lot per side.$50) and zero account (0 per lot per side.from $2) except
  Maximum Leverage: Unlimited
  Availability: iOS 14.5 or later (Exness Trading App Version 4.60), Android 6.0 or later (Exness Trading App Version 3.20.2-real-release)
  Compatibility: All MT5 accounts
  Chart type: line chart, candle chart
  Pending orders: buy limit, buy stop loss, sell limit, sell stop loss, take profit, stop loss
  Indicators: trading signals of trading centers, moving averages, Bollinger Bands, parabolic turn indicators, etc.
  Time range:M1、M5、M15、M30、H1、H4、D1

Advantages:

• Open an account quickly and easily
  The spread across all accounts is relatively small
  A fairly reliable signal from the trading center
  Numerous regulatory licences (Seychelles FSA, British Virgin Islands FSC)
  Instant withdrawals through numerous payment gateways
  Strong trading volume and client money extraction statistics (reviewed and validated by Deloitte)
  No idle charges

Disadvantages:

• Lack of tutorials for beginners
  Undisclosed Retail Loss Rate
  Few promotions and bonus offers
  Re-quotations may apply to immediate execution of market orders

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The choice of broker is adjusted according to the needs of each trader. If you only need the basic platform and trading functions with the best attributes, then Exness may be your best choice。

Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of changes in its functions, which is very suitable for traders using scalping strategies (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。

Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。

Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves that the company has a high degree of stability.。

Exness supports deposits and withdrawals 24 hours a day, 7 days a week。However, it should be noted that the Company does not assume any responsibility if there is a problem with the deposit or withdrawal due to the payment system.。

Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, and the chosen payment provider may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。

Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。

In addition, Exness is one of the most transparent brokers in the online trading industry, and traders can find all the information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。

Exness offers different platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms。This makes it easier for traders to trade on Exness because they can also access the Exness platform anytime, anywhere.。

Over the years, Exness has developed into a broker that attracts traders, who comply with financial regulations such as FCA and CySEC, further strengthening their trust.。

One measure of customer confidence is the volume of transactions。As of December 2018, the monthly trading volume of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。

With the programs offered by Exness, traders also have the opportunity to earn extra income by becoming their partner。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。

Additional income from Exness Partners。Traders who register through the member link can earn up to 25% spread commission per trade.。

Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。

In summary, Exness is a trader's favorite broker due to its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits。The broker is also known for its maximum support for new and old partners.。

XM Trading Application

Rating:

• Google Play Store: 3.9 out of 5 from 17,700 reviewers
  Apple AppStore: 3.0 out of 5 from 3 reviewers

Downloads:

• Google Play Store: 5 million +
  Apple AppStore：n/d

General characteristics:

• Minimum deposit: $5
  Spread: as low as 1 point, except for ultra-low accounts, starting at 0.6 o'clock
  Commission: No Commission
  Maximum leverage: up to 1: 1000
  Availability: iOS 14.0 or later (XM Trading App Version 3.6.0) and Android 7.0 or later (XM Trading App Version 3.6.1)
  Compatibility: All MT4 and MT5 accounts
  Chart Type: Advanced Chart with Trading Time Indicator
  Pending orders: buy limit, buy stop loss, sell limit, sell stop loss, take profit, stop loss
  Indicators: Over 90 trading indicators
  Time range:M1、M5、M15、M30、H1、H4、D1

Advantages:

• Open an account quickly and easily
  Numerous regulatory licenses (CySEC, ASIC, Belize FSC)
  A first-class educational resource for beginners and experienced traders
  Full disclosure of risk and retail loss ratio (retail account loss 75.59%)
  Great bonuses and rewards for high-frequency traders
  Two daily trading signals from Forex guru Avramis Despotis
  As of 2010, the re-offer and rejection policy is no longer in place
  Has numerous regulatory licences

Disadvantages:

• relatively high point difference
  No immediate withdrawals (withdrawal requests will be processed within 24 hours)
  A one-time maintenance fee of $15 will be charged after one year of inactivity; if the account is still idle after one year, a monthly fee of $5 will be charged

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XM was founded in 2009 as a company called Trading Point of Financial Instruments Ltd..A member of an online brokerage firm。To serve customers worldwide, the company has split into XM Australia and XM Global, as well as XM Cyprus。Each member has a different head office and license, XM Australia is registered under the Australian Securities and Investments Commission (reference number: 443670), XM Worldwide is registered under the International Financial Services Commission (60 / 354 / TS / 19), and XM Cyprus is registered under the Cyprus Securities and Exchange Commission (reference number: 120 / 10).。

XM is one of the more experienced brokers in today's online forex trading world。Since its inception, the broker has undergone many changes, including the addition of an ultra-low account and webinar function, which supports 19 different languages with 35 local instructors in each language。

In terms of trading instruments,XM is known for its diversity of asset providers, ranging from Forex, commodities, CFDs for equity indices, precious metals, energy, to equities。XM prides itself on being the ideal broker to execute trades, providing a statistic that 99.35% of orders executed in less than a second。Trading at XM also offers a strict no-re-quote policy, no virtual trader plug-ins, no rejection of orders, real-time market execution, and the option for traders to place orders online or over the phone.。

在在Spreads across all major currency pairs can be as low as 0 in an Ultra-Low account.6 points, while the spread of other accounts usually starts at 1 point。XM chose to limit their leverage to a scale of 1: 888, rather than offering a maximum leverage of 1: 500 or 1: 1000 (whole numbers), a unique number now widely recognized as a trademark of XM.。

In order to protect the client's funds in the case of extreme volatility,XM provides negative balance protection for each type of account。Deposits for micro and standard accounts start at $5, while Ultra-Low accounts require a minimum deposit of $50。Traders who open an account at XM can get conditions similar to a penny account environment in a micro-account, where each lot has a contract size of only 1,000 units.。If you use the smallest number of lots on the MetaTrader platform, which is 0.01 lots, then the trader can trade only 10 units per trade。

For deposits,XM applies zero-fee deposits in most of its available payment methods。Traders can choose to deposit and withdraw money by wire transfer, credit card, and the most popular electronic payment options such as Skrill, Neteller, and FasaPay.。

XM also provides Islamic accounts for Muslim traders who comply with Sharia law that prohibits the use of interest-bearing overnight swaps for each currency pair.。In order to provide their customers with the best trading experience, XM has opened access to MT4 and MT5 platforms, each with more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Android tablets).。

In general, there is no doubt,XM has gone global, with its deep commitment to providing trading services worldwide available in more than 15 languages.。In addition to simplifying the trader's experience through mainstream trading platforms and high-quality trade execution, XM is open to all types of traders, from small capital traders to preparing large deposits. More experienced traders.。Even a penny trading environment for traders if they choose to register under a micro account。

for their global approach,XM has ensured that traders from various countries can easily access their services.。This has resulted in different domain names for traders in specific jurisdictions。

Conclusion

More people are choosing to manage their money through a tablet or smartphone, sparking the rise of investment apps。Exness and XM welcome this paradigm shift with an emphasis on enhancing the user experience of mobile apps。Their desktop platform and mobile app provide investors with a more unified experience in terms of notifications, watchlists and updates, and also make it easier for you to manage your funds and strive to achieve financial goals。

If you want to know the difference between Exness and XM, it is important to note that both brokers maintain a safe, reliable and dynamic trading environment through desktop platforms and trading applications, and have a clear regulatory history。

Fans of MT4 will work better with the XM trading app because Exness only synchronizes with MT5 accounts; however, if you want to withdraw funds instantly, Exness will be a better choice。

You should also consider another important item: inactivity fees。People with an XM account should actively trade, whether through the XM trading app or the desktop platform, otherwise inactivity charges may drain your remaining balance。Exness customers may ignore it because they do not charge such fees。

Finally, how they compare in terms of trade execution and speed？Exness and XM servers in major data centers with minimal downtime and relatively fast response times。However, the two have different policies on re-quoting, and if this is a make-or-break issue for you, then the XM trading application may be more appropriate。