MyBestBrokers

Exness vs XS

A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.

Open account
RegulationFinancial Services Authority · Central Bank of Curaçao and Sint Maarten · Financial Services Commission · Financial Services Commission · Capital Markets Authority · Financial Sector Conduct Authority · Cyprus Securities and Exchange Commission · Financial Conduct AuthorityASIC · CySEC · CMA · FSCA · FSA · LFSA · FSC · MOCI
License no.
Financial Services Authority SD025
Central Bank of Curaçao and Sint Maarten 0003LSI
Financial Services Commission reg. 2032226, investment business licence SIBA/L/20/1133
Financial Services Commission reg. 000022129, licence 9110312
Capital Markets Authority 162
Financial Sector Conduct Authority FSP 51024 (also authorized as OTC Derivatives Provider under Exness (SC) Ltd)
Cyprus Securities and Exchange Commission 178/12
Financial Conduct Authority 730729
ASIC 374409
CySEC 412/22
CMA 20200000339 (licence category not stated on XS's page)
FSCA 53199
FSA SD089
LFSA MB/21/0081
FSC GB25204786
MOCI 513918 on the regulations page; the site footer shows MOCI 2024/786
Founded20082010
Minimum depositNot published$0
EUR/USD spread fromnot published as a fixed figure; broker claims "cut trading costs by up to 50% on forex" vs. average of other brokers compared, week of 5-10 April 20260.1 pips average on the Elite account (plus $6 round-turn commission, $500 minimum); 0.7 pips average on Pro ($500 minimum, no commission); 1.1 pips average on Standard (no minimum deposit, no commission) — averages as published by XS
Leverage
not specified on the page: Up to 1:2000 with dynamic leverage; margin call 40%, stop out 20%
Gulf Payments
PlatformsMetaTrader 5, Exness Terminal, Exness Trade app (mobile)MetaTrader 4, MetaTrader 5, XS Trading App
Broker-published claim"Instant withdrawals" — funds sent within seconds, including weekends. Broker states over 98% of withdrawals are processed automatically; exact times vary by payment method. [Source]Published processing times: Neteller instant; Skrill 1 business day; bank transfer 1-7 working days; Visa & MasterCard 7-10 working days. XS states it charges no internal fees for deposits or withdrawals, but reserves the right to apply a withdrawal fee of up to 3% where there has been no trading activity or it identifies abuse. [Source]
Withdrawal methodsNot publishedBank transfer, Visa & MasterCard, Skrill, Neteller
Crypto deposits/withdrawalsNot publishedNo
Islamic AccountsYesYes
Measured by usNot in our test program yetTesting in progress
Accepts clients fromNot publishedUnited Arab Emirates, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Turkey
Open accountOpen account

We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.

By Country

Is Exness or XS better?

Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.

Which is safer, Exness or XS?

Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.