PrimeXBT vs. Exness Comparison

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• PrimeXBT vs Exness - Verdict

PrimeXBT and Exness are leading global Forex brokers, but which one should you trust with your Forex portfolios?

I have conducted an in-depth review of both to determine which is the better overall choice and which types of traders will benefit most from opening an account with each broker.

Here is a snapshot of the most notable advantages of PrimeXBT:

• A proprietary platform for manual traders and MT5 for algorithmic and social trading
• In-house copy trading with up to 20% of follower profits in passive income
• Over $2,200 in cash rewards for trading-related activities
• 1M+ traders and 24/7 customer support
• High-paying partnership program

Here is a snapshot of the most notable advantages of Exness:

• Ultra-low trading fees
• Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices
• $5+ trillion in monthly trading volume
• 1.9 billion executed trades in 2023
• VPS hosting and API trading
• Deep liquidity and excellent order execution
• 1M+ traders and 24/7 customer support

Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
	Visit Website	Visit Website

Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds	N/A
ETFs
Futures
Synthetics
	Visit Website	Visit Website

PrimeXBT and Exness maintain a smaller asset selection of highly liquid assets compared to many competitors. Exness has more overall assets, but PrimeXBT has the edge for cryptocurrency traders.

Here is why PrimeXBT is a better choice for most traders:

• Better choice of cryptocurrency CFDs, including cryptocurrency futures
• Popular assets for copy and social traders

Typical Spreads and Fees

Average Trading Cost EUR/USD	$9.00	0.6 pips
Average Trading Cost GBP/USD	$16.00	0.7 pips
Average Trading Cost WTI Crude Oil	$0.13	6.7 pips
Average Trading Cost Gold	$0.38	11.3 pips
Average Trading Cost Bitcoin	0.05% - 0.75%	161.1 pips
Minimum Raw Spreads	N/A	0.0 pips
Minimum Standard Spreads	0.1 pips	0.3 pips
Minimum Commission for Forex	Commission-free	$7.00 per 1.0 standard round lot
Deposit Fee
Withdrawal Fee
Inactivity Fee		No
	Visit Website	Visit Website

PrimeXBT offers commission-free accounts versus commission-free and commission-based alternatives at Exness, but which one is cheaper?

PrimeXBT lists lower minimum spreads than Exness, but Exness offers lower actionable trading costs, granting it an edge in this category. Exness swap-free trading magnifies its cost advantage.

Account Types

PrimeXBT and Exness provide demo accounts and support algorithmic and copy trading. The latter extends swap-free trading conditions on select assets to everyone.

Are there any other noteworthy differences in the account structure between PrimeXBT vs. Exness?

Here is what stands out the most:

• There is one primary PrimeXBT account type for everyone, ensuring equal treatment among its traders
• Exness account types have more sub-account options
• Exness fees are lower than the fees at Prime XBT

Minimum Deposit

How difficult is it to deposit at PrimeXBT vs. Exness?

Both brokers support cryptocurrency deposits, but Exness offers more overall payment processors. The PrimeXBT minimum deposit requirement is higher, but it still ranks among the lowest industry-wide. While PrimeXBT only accepts USD deposits, Exness allows 75+ deposit currencies. Therefore, most traders will find the Exness deposit infrastructure better.

Minimum Withdrawal

Which withdrawal process is better: PrimeXBT or Exness?

PrimeXBT and Exness maintain a trusted withdrawal process, but the latter does not levy internal withdrawal fees. Exness also delivers faster processing times without manual approval for verified traders. Therefore, Exness has an edge in the withdrawal of funds over PrimeXBT.

Security and Trust

Country of the Regulator	Mauritius, Peru, Seychelles, South Africa	Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao
Name of the Regulator	BCR, FSA, FSC Mauritius, FSCA	CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA
Regulatory License Number	5210845697, SD162, Investment Dealer License, 66d10393e8a00a3181b8e457	SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162
Regulatory Tier	2, 4, 4, 4	N/A
	Visit Website	Visit Website

Which broker is more secure and trustworthy?

Exness has ten more years of operational history than PrimeXBT, but both brokers offer negative balance protection and segregate client deposits from corporate funds. An investor compensation fund of up to €20,000 via the Hong Kong-based Financial Commission is available at PrimeXBT and Exness. Therefore, I rank PrimeXBT and Exness on par in terms of security and trust.

PrimeXBT versus Exness Verdict

PrimeXBT

Exness

Which Forex Broker is Better?

PrimeXBT and Exness are industry-leading brokers, and I recommend traders test the tools and features on offer in the PrimeXBT demo account and the Exness demo account, before opening live accounts.

Here is my verdict:

Exness maintains an excellent trading infrastructure with low trading fees, making it a superb broker. Overall, I give PrimeXBT the edge as it caters better to its core target group, cryptocurrency traders. It also provides beginner education, unavailable at Exness.

FAQs

Which Broker is better for MetaTrader 4?

PrimeXBT does not offer MT4, making Exness the only choice between these two brokers.

Does PrimeXBT or Exness have lower costs?

PrimeXBT has lower minimum costs, but Exness offers lower actionable trading fees.

Is PrimeXBT good for beginners?

PrimeXBT is a quality beginner choice as it offers education and copy trading services.

How much commission does Exness take?

Exness commissions depend on the account type and asset, but range between $0.00 and $14.50 per ticket.

Which is better, PrimeXBT or Exness?

Exness is better for advanced traders, but PrimeXBT offers cryptocurrency traders and beginners a superior portfolio.

By Tobi Amure

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven analysis have earned him a feature on Forbes and TheStreet, setting him apart as a trusted voice in Forex and online finance. In his free time, he explores emerging Forex trends, refines his market strategies, and actively engages with the global finance community.

Reviewer Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

Fact-checker DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.