Exness vs XM Group: Which Broker Suits Ukraine Traders Best in 2026?
Which broker is better for Ukraine traders in 2026? Expert analysis across 12 categories.
Ukraine traders actively seek reliable forex brokers that support local payment methods and offer competitive trading conditions. Exness and XM Group are two of the most popular choices among retail traders in Ukraine, each with distinct advantages. Exness boasts a 4.8/5 rating, known for ultra-low spreads, instant withdrawals, and support for USDT TRC20 deposits—a method widely used in Ukraine. XM Group, rated 4.7/5, is recognized for its educational resources, negative balance protection, and flexible leverage up to 1:888. Both brokers accept Ukrainian clients and provide local language support, but their offerings differ significantly in terms of cost, platform variety, and regulatory coverage. For Ukraine traders, choosing between Exness and XM Group depends on whether you prioritize low trading costs or a more structured trading environment with extensive learning tools. This comparison covers spreads, deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20, and regulatory considerations relevant to Ukraine.
| Instrument | Exness | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $5 | Exness |
| Inactivity fee | ✓ | ✓ | Tie |
For Ukraine traders, trading costs are a key factor. Exness offers variable spreads from 0.0 pips on Standard accounts and 0.1 pips on Raw Spread accounts, with a commission of $3.5 per lot on Raw accounts. XM Group’s spreads start from 1 pip on Standard accounts and 0.6 pips on Ultra Low accounts, with no commission. On a typical 1 lot trade on EUR/USD, Exness costs around $0 to $3.5, while XM Group costs $6 to $10. For high-volume traders in Ukraine, Exness reduces costs significantly, especially when using USDT TRC20 for deposits to avoid conversion fees.
| Account Type | Exness | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| VPS trading | ✓ | ✓ |
| Min deposit | $10 | $5 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | Exness | XM Group |
|---|---|---|
| Ukraine (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| 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 | XM Group | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | Exness | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✗ | ✗ |
| Variable spreads | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Ukraine traders for their advanced charting and automated trading. Exness additionally provides its proprietary Exness Terminal for web trading, while XM Group offers XM WebTrader and XM App. For Ukrainian traders who trade on the go, XM Group’s mobile app is slightly more intuitive, but Exness’s platform supports faster execution speeds. Both platforms are available in Ukrainian language, making them accessible for local users.
| Factor | Exness | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| 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 |
Exness uses an NDD (No Dealing Desk) model with average execution speeds of 0.1 seconds, ideal for scalpers in Ukraine. XM Group uses a hybrid execution model with speeds around 0.3 seconds. For Ukraine traders who trade news events or use scalping strategies, Exness offers superior execution quality with no requotes.
| Safety Factor | Exness | XM Group |
|---|---|---|
| Primary regulator | FCA | ASIC |
| Reg number | #730729 | #443670 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Exness is regulated by the FSA (Seychelles) and CySEC (Cyprus), while XM Group holds licenses from CySEC, ASIC (Australia), and IFSC (Belize). Neither broker is regulated by the Ukrainian financial regulator, but both comply with international standards. For Ukraine traders, XM Group’s CySEC regulation offers negative balance protection and investor compensation, while Exness’s FSA oversight provides more flexibility. Traders should consider that Exness’s regulatory coverage is less stringent, but its track record in Ukraine remains strong.
| Payment Method | Exness | XM Group |
|---|---|---|
| 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 | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
| Min withdrawal | $50 | $50 |
Ukraine traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. Exness supports instant USDT TRC20 deposits with no fees, and withdrawals are processed within seconds to the same method. XM Group also accepts USDT TRC20 but deposits may take 1-2 hours, and withdrawals are processed within 24 hours. Both brokers allow Bank Transfers in USD, but Exness offers faster processing for Skrill and Neteller. Minimum deposits are $10 at Exness and $5 at XM Group, making XM Group more accessible for smaller accounts. For Ukrainian traders using USDT TRC20, Exness provides a seamless experience.
| Islamic Account Feature | Exness | XM Group |
|---|---|---|
| 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 |
Both Exness and XM Group offer Islamic (swap-free) accounts for Muslim traders in Ukraine. Exness provides swap-free accounts on Standard and Raw Spread accounts without any time limit, and no additional fees. XM Group offers Islamic accounts on all account types, but swap-free status is limited to 30 days for positions held overnight on some accounts. For long-term Muslim traders in Ukraine, Exness is more suitable due to unlimited swap-free periods.
| Support Feature | Exness | XM Group | 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 |
Exness offers 24/7 live chat and email support in Ukrainian and Russian, with average response times under 30 seconds. XM Group provides 24/5 support via live chat, phone, and email, also in Ukrainian and Russian. XM Group’s phone support is more reliable, but Exness’s 24/7 availability is advantageous for Ukraine traders who trade during off-hours.
| Mobile Feature | Exness | XM Group | 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 | XM Group | 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...
- Want ultra-low spreads starting from 0.0 pips for cost-effective trading
- Prefer instant deposits via USDT TRC20 and Skrill
- Need 24/7 customer support in Ukrainian
- Are a scalper or high-volume trader requiring fast execution
Choose XM Group if you...
- Value structured regulation with CySEC negative balance protection
- Want a lower minimum deposit of $5 to start trading
- Need extensive educational resources and webinars in Ukrainian
- Prefer fixed spreads for predictable trading costs
For most Ukraine traders, Exness is the better choice due to lower spreads, instant withdrawals, and support for USDT TRC20—a payment method widely used locally. XM Group remains a strong contender for beginners who value regulatory protection and educational tools. If you prioritize cost efficiency and fast deposits via Bank Transfer, Skrill, Neteller, or USDT TRC20, Exness is ideal. However, if you prefer a more regulated environment with negative balance protection, XM Group is a safe option. Both brokers are reliable, but Exness’s 4.8/5 rating and local payment support give it an edge for Ukrainian retail traders in 2026.