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Alternatives
Exness alternatives: 4 brokers to consider in 2026
Brokers worth comparing if Exness is not the right fit, chosen for a specific reason each, using the same checked figures as our reviews.
Quick pick: IC Markets: raw pricing from 0.0 pips plus ASIC and CySEC companies; Pepperstone: raw Razor pricing with FCA, ASIC and CySEC licences.
Exness alternatives compared
| Broker | Why consider it | Min deposit | Platforms |
|---|---|---|---|
| IC Markets | Raw pricing from 0.0 pips plus ASIC and CySEC companies | $0 (global accounts) | MT4, MT5, cTrader, TradingView |
| Pepperstone | Raw Razor pricing with FCA, ASIC and CySEC licences | $0 (minimum top-up $10) | Pepperstone platform, MT4, MT5, cTrader, TradingView |
| Eightcap | Raw pricing on MT4, MT5, TradingView and TradeLocker | $100 | MT4, MT5, TradingView, TradeLocker |
| XM | Very low $5 minimum on MT4 and MT5 | $5 (Standard and Ultra Low) | MT4, MT5, XM app |
Why people look for Exness alternatives
Most retail clients join an offshore company licensed in Seychelles, Exness says its FCA and CySEC companies do not serve retail clients, and the Philippine SEC has issued an advisory against it. If that matters to you, one of the brokers below may suit you better. If it does not, see our full Exness review.
The alternatives in detail
IC Markets
Why consider it: Raw pricing from 0.0 pips plus ASIC and CySEC companies.
Regulation: ASIC, CySEC, FSA Seychelles, SCB; CMA (Kenya). EUR/USD: Raw from 0.0 pips + $3.50 per lot per side (MetaTrader).
Watch out: Its global accounts are held by an offshore company licensed in Seychelles, so check which company you would join.
IC Markets review · IC Markets vs Exness
Pepperstone
Why consider it: Raw Razor pricing with FCA, ASIC and CySEC licences.
Regulation: ASIC, FCA, CySEC, SCB, DFSA, CMA, BaFin. EUR/USD: Razor from 0.0 pips (avg 0.1) + $3.50 per lot per side.
Watch out: TradingView is offered on the Razor account only.
Pepperstone review · Pepperstone vs Exness
Eightcap
Why consider it: Raw pricing on MT4, MT5, TradingView and TradeLocker.
Regulation: ASIC, FCA, CySEC (plus SCB and FSA offshore companies). EUR/USD: Raw from 0.0 pips + $3.50 per lot per side.
Watch out: The $100 minimum is higher than at brokers with no minimum, and it has a shorter history than most brokers we review.
Eightcap review · Exness vs Eightcap
XM
Why consider it: Very low $5 minimum on MT4 and MT5.
Regulation: CySEC (EU company), FSC Belize (global company). EUR/USD: From 0.8 pips.
Watch out: Most non-EU clients join the company licensed in Belize, and in March 2024 the Philippine SEC said XM is not authorised to offer securities to the public there.
FAQ
What is the best alternative to Exness?
It depends on why you are leaving. For lower costs on frequent trading, look at raw-pricing brokers; for stronger protection, choose a company licensed by the FCA, ASIC or an EU regulator; in the US, OANDA and FOREX.com are the CFTC/NFA options we review. Our shortlist: IC Markets, Pepperstone, Eightcap, XM.
Is there a broker like Exness for US traders?
Among the brokers we review, OANDA and FOREX.com accept US retail forex clients.
How do I switch brokers?
Open and verify the new account first, close positions or let them expire at the old broker, withdraw your balance to the same method you deposited with, and keep statements for tax records.
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Exness review · Is Exness regulated? · Compare all 11 brokers · Broker finder
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