Exness vs FXTM 2026: Complete Comparison for Saudi Arabia Traders
Which broker is better for Saudi Arabia traders in 2026? Expert analysis across 12 categories.
When comparing Exness vs FXTM for Saudi Arabia traders in 2026, the choice depends on your trading style and capital. Exness, with a 4.8/5 rating, is ideal for high-net-worth individuals seeking ultra-low spreads and high leverage up to 1:2000, especially on major pairs like USD/SAR. FXTM, rated 4.3/5, appeals to beginners and those who value educational tools and a CMA-regulated environment. Both brokers accept local payment methods like Bank Transfer, STC Pay, and Credit Card, and offer Islamic accounts for Muslim traders. However, Exness edges out in cost efficiency and execution speed, while FXTM provides stronger regulatory oversight from CMA Saudi. This comparison will help you decide which broker aligns with your trading goals in the Saudi market.
| Instrument | Exness | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $10 | Exness |
| Inactivity fee | ✓ | ✓ | Tie |
For Saudi Arabia traders, trading costs are critical, especially when dealing in large volumes. Exness offers raw spreads from 0.0 pips on its Zero account, with a commission of $3.5 per lot, making it highly competitive for active traders. FXTM standard spreads start at 1.3 pips with no commission, but this can be more expensive for high-volume traders. For example, trading 10 lots of EUR/USD daily, Exness costs about $35 in commission versus FXTM's $130 in spreads. Both brokers have no deposit fees for STC Pay or Bank Transfer, but Exness has lower overnight swap rates on Islamic accounts, reducing holding costs for Saudi traders.
| Account Type | Exness | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✓ |
| VPS trading | ✓ | ✓ |
| Min deposit | $10 | $10 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | Exness | FXTM |
|---|---|---|
| Saudi Arabia (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Exness | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | ✗ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | Exness | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✗ | ✗ |
| Variable spreads | ✓ | ✓ |
Both Exness and FXTM offer MetaTrader 4 and MetaTrader 5, which are popular among Saudi Arabia traders for their advanced charting and automated trading capabilities. Exness also provides a proprietary web terminal with one-click trading, ideal for fast execution on volatile markets like oil (a favorite among Saudi traders). FXTM offers a user-friendly mobile app with integrated news and analysis, suitable for beginners. Both platforms support Arabic language and local time zones, but Exness's platform is more optimized for high-frequency trading, while FXTM's platform emphasizes education and ease of use for new traders.
| Factor | Exness | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | ✗ | ✗ | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| News trading | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is crucial for Saudi traders, especially those trading oil and currency pairs. Exness offers ultra-fast execution under 40 milliseconds on 99.99% of orders, with no requotes. FXTM execution averages 50-100 milliseconds, with occasional slippage during high volatility. Exness uses a No Dealing Desk (NDD) model, providing direct market access, while FXTM uses a hybrid model. For scalpers and high-frequency traders in Saudi Arabia, Exness is the better choice, while FXTM is suitable for swing traders who prioritize order accuracy over speed.
| Safety Factor | Exness | FXTM |
|---|---|---|
| Primary regulator | FCA | FCA |
| Reg number | #730729 | #600475 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Saudi Arabia traders. FXTM is regulated by the Capital Market Authority (CMA) in Saudi Arabia, offering local oversight and investor protection under Saudi law. Exness is regulated by top-tier bodies like the FCA and CySEC, but not directly by CMA Saudi. However, Exness complies with international standards and offers negative balance protection, which is crucial for high-leverage trading. For Saudi traders, FXTM provides the comfort of local regulation, while Exness offers broader global recognition and potentially better trading conditions. Both brokers segregate client funds and undergo regular audits, ensuring a safe trading environment.
| Payment Method | Exness | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Deposit fee | None | None |
| Withdrawal time | 24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days | Cards instant (up to 2h EU); e-wallets instant-2h; bank/local transfer 1 business day; crypto up to 24h |
| Min withdrawal | $50 | $50 |
Depositing and withdrawing funds in Saudi Arabia is seamless with both brokers. Exness supports Bank Transfer, STC Pay, and Credit Card, with instant STC Pay deposits and withdrawals processed within 24 hours. Minimum deposit is $10 (≈37 SAR) for standard accounts. FXTM also accepts STC Pay, Bank Transfer, and Credit Card, but requires a minimum deposit of $50 (≈187 SAR) for standard accounts. Withdrawals are free on both platforms, but FXTM may charge a small fee for bank transfers over $500. For Saudi traders using STC Pay, Exness offers faster processing times, while FXTM provides more detailed transaction receipts, which can be helpful for record-keeping. Both brokers support SAR accounts, reducing currency conversion fees.
| Islamic Account Feature | Exness | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| Gold swap-free | ✓ | ✓ |
| Crypto swap-free | ✓ | — |
| How to apply | Contact support | Contact support |
Islamic accounts are essential for Saudi Arabia's Muslim traders. Both Exness and FXTM offer swap-free accounts that comply with Sharia law, eliminating interest on overnight positions. Exness provides Islamic accounts on all account types, including raw spreads, with no additional fees. FXTM offers Islamic accounts on standard and ECN accounts, but requires a request via customer support. Exness's Islamic accounts are particularly beneficial for high-volume traders who hold positions for multiple days, as there are no swap charges even on exotic pairs. FXTM's Islamic accounts have a cap on the number of days positions can be held without swap, making Exness more flexible for long-term strategies.
| Support Feature | Exness | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✓ | ✗ | Exness |
| 24/5 support | ✓ | ✓ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Customer support for Saudi Arabia traders is available 24/7 in Arabic and English for both brokers. Exness offers live chat, email, and phone support with response times under 30 seconds. FXTM provides similar channels but with slightly longer wait times during peak hours. Exness also has a dedicated Saudi support team for STC Pay and Islamic account queries, while FXTM offers a local Riyadh office for in-person assistance. For urgent issues like withdrawal delays, Exness's support is faster, while FXTM excels in detailed guidance for new traders.
| Mobile Feature | Exness | FXTM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5★ | 4.3★ | Exness |
| Google Play rating | 4.3★ | 4.2★ | Exness |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| Mobile deposit/withdrawal | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Dark mode | ✓ | ✓ | Tie |
| Resource | Exness | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
- Are a high-net-worth trader dealing in large volumes (10+ lots daily)
- Need ultra-low spreads from 0.0 pips for cost efficiency
- Prefer instant STC Pay deposits and fast withdrawals under 24 hours
- Require high leverage up to 1:2000 for capital efficiency
Choose FXTM if you...
- Are a beginner trader needing educational resources and demo accounts
- Prefer a broker directly regulated by CMA Saudi for local oversight
- Trade smaller volumes and value fixed spreads over variable costs
- Want a local Riyadh office for in-person support and account queries
For Saudi Arabia traders in 2026, the choice between Exness and FXTM depends on your trading profile. Exness (4.8/5) is the superior option for high-net-worth individuals who prioritize low costs, fast execution, and flexible Islamic accounts. Its support for STC Pay, Bank Transfer, and Credit Card deposits, combined with ultra-low spreads, makes it ideal for active traders. FXTM (4.3/5) is better for beginners and those who value CMA Saudi regulation and educational tools. While both brokers offer Islamic accounts and local payment methods, Exness provides better value for high-volume trading, while FXTM offers a safer, more guided experience for new traders. Ultimately, Exness edges out for cost and speed, but FXTM wins on local compliance and support.