Exness vs XM: fees, cashback and which to choose
Exness is the broker known for instant withdrawals and low spreads; XM is a globally accessible broker for all levels. We compare them on fees, available cashback and which trader profile each suits — plus how to recover part of your fees on both.
Quick comparison
| Exness | XM | |
|---|---|---|
| Cashback | 30% | 25% |
| Applies to | of spreads and commissions | of spreads and commissions |
| Countries | 7+ | 6+ |
| Best for | traders who value fast withdrawals and the highest forex cashback | beginners and traders starting with small deposits |
Fees
Exness. Competitive spreads and zero per-lot commission on some account types; instant withdrawals.
XM. Commission-free accounts with slightly wider spreads; very beginner-friendly on capital.
Available cashback
Exness offers more cashback (30%) than XM (25%), so you recover a larger share of every fee you pay. The gap matters most if you trade with volume.
Work out how much you'd recover for your volume with the cashback calculator.
Pros and cons
Pros
- Near-instant withdrawals
- 30% cashback (highest among brokers)
- Flexible leverage
- Good LATAM availability
Cons
- Fewer instruments than multi-asset brokers
- Conditions vary by region
Pros
- Low minimum deposit
- Abundant educational material
- Millions of accounts and multilingual support
- 25% cashback via Omanero
Cons
- Wider spreads on standard accounts
- Less appealing to professional traders
Best for each profile
Choose Exness if you're traders who value fast withdrawals and the highest forex cashback. Choose XM if you're beginners and traders starting with small deposits.
Verdict
If your priority is recovering the most fees, Exness leads with 30% cashback. If you value XM's profile more, you still recover fees at 25%. Best of all: you don't have to choose — use both and earn cashback on each.
Recover fees on Exness and XM with verifiable payments.