Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Italy
Data verified
Complete Head-to-Head Comparison · 2026

Exness Vs Fxtm Italy 2026: Which Broker Is Better For Italian Traders?

Which broker is better for Italy traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: FXTM
Categories: 12 compared
For: Italy traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Italy Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Italy Muslims
Best for Beginners
FXTM
Better education & support
$10 vs $50
Min deposit
1:2 vs 1:5000
Max leverage
FCA vs FCA
Top regulator
3.5 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

For Italian traders looking to enter the forex market in 2026, choosing between Exness and FXTM is a critical decision. Both brokers are well-established internationally, but they serve Italian retail traders differently. Exness, with a stellar 4.8/5 rating, stands out for its ultra-low spreads, lightning-fast withdrawals, and support for local payment methods like SEPA and PostePay. FXTM, rated 4.3/5, offers robust educational resources and a user-friendly platform, but its costs are slightly higher. Given the Italian trading environment shaped by CONSOB regulations and ESMA leverage limits, traders need a broker that balances cost efficiency, regulatory compliance, and local payment convenience. This comparison dives deep into spreads, platforms, regulation, and payment options to help you decide which broker aligns best with your trading style in Italy.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
3.8
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
3.4
WIN
Regulation
Safety, oversight
3.8
4.0
WIN
Deposits
Local payments
3.6
3.8
WIN
Customer Support
24/5, chat, phone
3.7
WIN
3.5
Education
Webinars, guides
3.2
3.8
WIN
Execution
Speed, slippage
3.6
3.8
WIN
Mobile App
iOS, Android
3.5
3.7
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$50Exness

When comparing trading costs for Italian traders, Exness clearly outperforms FXTM. Exness offers raw spread accounts with spreads from 0.1 pips on EUR/USD, while FXTM's Advantage account starts at 0.5 pips. For high-volume traders, this difference can translate into substantial savings over time. Exness also charges low commissions on raw accounts (typically $3.5 per lot round turn), whereas FXTM's commissions are slightly higher. Additionally, Exness has no hidden fees on deposits via SEPA or PostePay, while FXTM may impose small charges on certain payment methods. Italian traders who trade frequently should prioritize Exness for its cost efficiency.

📂

Account Types Comparison

Account TypeExnessFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✗
Copy trading✗✓
Min deposit$10$50
⚖️

Leverage Comparison - Italy Traders

Entity / AssetExnessFXTM
Italy (offshore)Up to 1:2Up to 1:5000
Forex major pairs1:21:5000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Italy Traders
Traders in Italy typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessFXTMWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+✗Exness
Stocks / Share CFDs✗✗FXTM
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformExnessFXTM
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both Exness and FXTM offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely used by Italian traders. Exness also provides its proprietary WebTerminal for browser-based trading, which is convenient for traders without a VPN. FXTM offers a more customized experience with FXTM Trader app and advanced charting tools. For Italian traders who value simplicity and speed, Exness's WebTerminal is a plus. However, FXTM's platform ecosystem is more educational, with integrated learning materials. Ultimately, both platforms are reliable, but Exness edges ahead with faster execution and lower latency for Italian servers.

⚡

Execution Quality - Speed & Slippage

FactorExnessFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

Execution quality is a key differentiator for Italian traders. Exness boasts an average execution speed of 0.1 seconds, with no requotes on market orders. FXTM's execution speed is slightly slower at around 0.3 seconds, but still reliable. Exness uses a No Dealing Desk (NDD) model with straight-through processing (STP), ensuring transparency. FXTM also uses STP but may experience slippage during volatile markets. For Italian traders who scalp or trade news, Exness's faster execution and lower slippage make it the preferred choice.

🛡️

Regulation & Safety for Italy Traders

Safety FactorExnessFXTM
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Italian traders must navigate strict ESMA and CONSOB regulations. Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSC (Mauritius), while FXTM holds licenses from CySEC, FCA, and FSCA (South Africa). Neither broker is directly regulated by CONSOB, but both comply with ESMA rules, including leverage limits of 1:30 for major forex pairs and negative balance protection. For Italian traders, this means both brokers offer a safe trading environment with segregated client funds. Exness's FCA regulation provides an extra layer of trust, while FXTM's CySEC license ensures adherence to EU standards. Always verify the entity you trade with to ensure compliance with Italian laws.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Italy traders may differ by entity.
💳

Deposits & Withdrawals for Italy

Payment MethodExnessFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.

Italian traders have several convenient deposit and withdrawal options at both brokers. Exness supports SEPA bank transfers, standard bank transfers, and PostePay, making it easy for local traders to fund accounts. Deposits via SEPA and PostePay are typically instant and free of charge. Exness also offers credit/debit cards and e-wallets like Skrill and Neteller. Withdrawals are processed within 24 hours, often instantly for e-wallets. FXTM similarly supports SEPA, bank transfers, and PostePay, but withdrawal times can take 1-3 business days for bank transfers. Exness's faster withdrawal processing gives it an edge for Italian traders who need quick access to funds. Both brokers have no deposit fees, but FXTM may charge for certain withdrawal methods.

☪️

Islamic Accounts - Swap-Free for Italy Muslims

Islamic Account FeatureExnessFXTM
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both Exness and FXTM offer Islamic (swap-free) accounts for Italian Muslim traders who require Sharia-compliant trading. Exness provides swap-free accounts on standard and raw spread accounts without any additional fees. FXTM offers Islamic accounts on Micro, Advantage, and Advantage Plus accounts, also free of extra charges. However, Exness's Islamic accounts are more flexible, allowing traders to keep positions open indefinitely without swap charges. Italian traders should note that both brokers require a declaration of faith or proof of Muslim identity to open these accounts. Exness's broader availability of swap-free accounts across account types makes it a slightly better choice for Italian Islamic traders.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureExnessFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✓✗Exness
Response time (chat)<2 minutes<3 minutesExness

Customer support is crucial for Italian traders. Exness offers 24/7 multilingual support via live chat, email, and phone, with Italian language assistance available. FXTM also provides 24/5 support in Italian, with live chat and email options. Exness's round-the-clock availability is a clear advantage for traders who trade outside regular European hours. Response times are generally fast for both brokers, but Exness's support team is known for resolving issues promptly. Italian traders can expect friendly and knowledgeable assistance from both, but Exness's 24/7 service gives it the edge.

📱

Mobile App Comparison

Mobile FeatureExnessFXTMWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceExnessFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicExness
⭐

Real User Reviews - Trustpilot

T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Italy Guide

Choose Exness if you...

  • Trade high volumes and need ultra-low spreads from 0.1 pips on EUR/USD.
  • Prefer instant withdrawals via SEPA or PostePay without delays.
  • Want 24/7 customer support in Italian for round-the-clock trading.
  • Need fast execution with no requotes for scalping strategies.

Choose FXTM if you...

  • Are a beginner trader who values comprehensive educational resources.
  • Prefer a broker with a strong brand reputation and a user-friendly platform.
  • Trade with smaller capital and appreciate the lower minimum deposit of $10.
  • Want access to a wider range of account types, including fixed spreads.
❓

FAQ - Exness vs FXTM in Italy

Is Exness or FXTM better for Italy?

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Can Italy traders use both brokers legally?

+

Which broker has lower spreads for Italy traders?

+

How do Italy traders deposit at Exness and FXTM?

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Do both brokers offer Islamic accounts for Italy?

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Final Verdict - Italy 2026

FXTM wins overall

For Italian traders in 2026, Exness is the clear winner with a 4.8/5 rating compared to FXTM's 4.3/5. Exness excels in cost efficiency, offering lower spreads, faster execution, and instant withdrawals via SEPA and PostePay. Its 24/7 support in Italian and flexible Islamic accounts further cater to local needs. While FXTM is a solid choice for beginners with its educational tools and lower minimum deposit, Exness's superior trading conditions and local payment compatibility make it the better option for most Italian retail traders. Considering CONSOB regulations and ESMA compliance, both brokers are safe, but Exness's overall package is hard to beat for Italian traders seeking value and speed.

Open ExnessOpen FXTM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
Exness 3.5/5
FXTM Winner3.7/5
Full Reviews
Full Exness Review →Full FXTM Review →
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