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Head to head

AMarkets vs Exness

AMarkets has no licence we could confirm on a regulator's register. Exness is licensed by FSCA in South Africa, CMA (Kenya) in Kenya, CMA (UAE) in the United Arab Emirates, FCA in the United Kingdom and CySEC in the European Union, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $100 at AMarkets and $10 at Exness. Both offer negative balance protection. Only Exness offers segregated client money.

Facts last checked: AMarkets on 20 October 2026, Exness on 20 October 2026.

AMarkets profileExness profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
AMarketsRead the profile
ExnessOffshore registration onlyRead the profile
Comparing
AMarkets
ExnessSeychelles

Overview

Founded
2007
Not yet checked
Headquarters
Not yet checked
Not yet checked
Official websites
  • amarkets.com
  • amarkets.org
  • exness.com
  • exness.eu
  • exness.uk
  • exness.ke
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
Exness (SC) Ltd
Regulator
No licence listed
FSA Seychelles
Seychelles
Regulation level
No licence listed
Offshore registration only
Licence number
No licence listed
SD025 (Securities Dealer)
Check the register
Clients this company serves
No licence listed
Clients who sign up through exness.com (Exness assigns the company by country; it names it in the client agreement)
All licences held
None listed
  • FSA Seychelles (Seychelles)
  • FSC (BVI) (British Virgin Islands)
  • FSCA (South Africa)
  • CMA (Kenya) (Kenya)
  • CMA (UAE) (United Arab Emirates)
  • FCA (United Kingdom)
  • CySEC (European Union)
Segregated client money
No
Yes
Negative balance protection
Yes
Yes
Compensation scheme
None
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:3000
Up to 1:Unlimited on some accounts (offshore companies)
Retail leverage by asset class
  • All account types: Up to 1:3000, depending on instrument
Not yet checked
Margin call level
Not yet checked
60% (Standard); 30% (Pro, Zero, Raw Spread)
Stop-out level
20% on Standard; 40% on ECN and Zero
0% (stocks differ)

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • AMarkets app
  • Web trader
  • MetaTrader 4
  • MetaTrader 5
  • Exness Terminal
  • Exness Trade app
Markets
44 currency pairs, metals, indices, commodities, cryptocurrencies, about 400 shares and 19 ETFs (CFDs)
Currency pairs, metals, cryptocurrencies, energies, stocks and indices as CFDs
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • E-wallet
  • Local payment methods
Not yet checked
Withdrawal fee
AMarkets says deposits carry no fee; withdrawals go back to the account or card you paid from
No withdrawal fees from Exness; third-party fees may apply depending on the payment method
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • Three account types with negative balance protection on each
  • Commission-free Standard account; ECN and Zero accounts for raw spreads
  • MetaTrader 4 and 5, its own app and a copy-trading service
  • Licences confirmed with the FSCA in South Africa, the CMA in Kenya and the UAE's Capital Market Authority
  • Low $10 minimum deposit on the Standard account and no withdrawal fees from Exness
  • Exness says client money is held in segregated accounts and retail accounts have negative balance protection
Watch out for
  • Says AMarkets LTD holds Mwali International Services Authority (MISA) licence T2023284; we could not confirm it on MISA's register on 2026-10-20, because the register sits behind a bot check
  • Its other companies are registrations in the Cook Islands and St Vincent and the Grenadines, not financial licences
  • No licence from a strict regulator; not available in the UK, EU, EEA or US
  • Leverage up to 1:3000 on every account
  • Most retail clients join offshore companies (FSA Seychelles or BVI FSC), and the strictly regulated UK and Cyprus companies do not accept retail clients
  • Exness also says it holds licences from the Central Bank of Curaçao and Sint Maarten (Exness B.V., 0003LSI), the FSC of Belize (Forexite Ltd., 9110312), the FSC of Mauritius (Exness (MU) Ltd, GB20025294), the Jordan Securities Commission (Exness Limited Jordan) and an FSCA ODP authorisation for Exness (SC) Ltd. We could not confirm these on the regulators' registers on 2026-10-20.
  • Leverage up to 1:Unlimited and a 0% stop-out mean a position can be closed only when your margin is gone

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Exness: Risk Warning: Our services relate to complex derivative instruments requiring appropriate knowledge and understanding. Their prices may fluctuate rapidly and may become valueless. Trading involves a high risk of loss, with traders likely to incur losses exceeding the potential for profits. Losses may extend up to the full amount of funds in the trading account. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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