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

Exness Vs Fxtm: Comprehensive Comparison For Kazakhstan Traders (2026)

Which broker is better for Kazakhstan 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: Kazakhstan traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Kazakhstan Traders

Best Overall
FXTM
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Kazakhstan 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 Kazakhstan traders looking to enter the forex market in 2026, choosing between Exness and FXTM is a critical decision. Both brokers are well-established globally, but they cater to different trader profiles. Exness, rated 4.8/5, is known for its ultra-low spreads, instant withdrawals, and support for USDT TRC20—a popular payment method in Kazakhstan. FXTM, rated 4.3/5, excels in educational resources and regulatory transparency, with a strong presence in emerging markets. Kazakhstan traders often face unique challenges like local currency volatility (USD/KZT) and limited local broker options. This comparison focuses on trading costs, payment methods (Bank Transfer, Skrill, Neteller, USDT TRC20), regulation, and account types to help you decide which broker fits your retail trading strategy. Both brokers accept Kazakhstan clients and offer platforms like MT4 and MT5, but their fee structures and local support differ significantly.

🏆

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 Kazakhstan traders, spreads are the primary factor. Exness offers spreads from 0.0 pips on its Zero account for major pairs like EUR/USD, with a commission of $3.5 per lot round turn. FXTM's ECN account starts at 0.1 pips with a similar commission structure. For scalpers and high-volume traders in Kazakhstan, Exness provides a clear edge—especially when trading USD/KZT or other emerging market pairs. Exness also offers unlimited leverage up to 1:2000, which can amplify returns for small accounts. FXTM caps leverage at 1:1000 for retail clients. Swap rates are competitive at both brokers, but Exness has a slight advantage for long-term positions. Overall, Kazakhstan traders focusing on cost efficiency will prefer Exness.

📂

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 - Kazakhstan Traders

Entity / AssetExnessFXTM
Kazakhstan (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 Kazakhstan Traders
Traders in Kazakhstan 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) platforms, which are widely used by Kazakhstan traders. Exness also provides its proprietary WebTerminal for quick access. FXTM adds the FXTM Trader app for mobile trading, which is popular among beginners. For Kazakhstan traders, MT5 is particularly useful for hedging and advanced charting—essential for managing USD/KZT volatility. Exness supports automated trading via Expert Advisors (EAs) with no restrictions, while FXTM has some limitations on EA usage during high volatility. Both brokers offer demo accounts, but Exness allows unlimited demo usage, which is beneficial for practice. Platform stability is excellent at both, with 99.9% uptime.

⚡

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 critical for Kazakhstan traders, especially during high-impact news events. Exness offers ECN execution with no requotes and average execution speeds of 0.1 seconds. FXTM also uses ECN technology but reports slightly higher slippage during volatile markets. Exness has a 99.9% fill rate for market orders, while FXTM's fill rate is around 99.5%. For scalpers and day traders in Kazakhstan, Exness provides a more reliable execution environment. Both brokers offer negative balance protection, but Exness extends it to all account types.

🛡️

Regulation & Safety for Kazakhstan Traders

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

Regulation is a key concern for Kazakhstan traders. Exness is regulated by the Financial Services Commission (FSC) in the British Virgin Islands and the CySEC in Europe. FXTM is regulated by the FCA (UK), CySEC, and the FSC (BVI). Neither broker is directly regulated by the local financial regulator (AFSA) in Kazakhstan, but both operate legally under international licenses. For Kazakhstan traders, FXTM's FCA regulation offers stronger investor protection (up to £85,000 under FSCS), while Exness provides a compensation fund for international clients. Always verify local legal requirements before trading. Both brokers segregate client funds in top-tier banks, ensuring safety.

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

Deposits & Withdrawals for Kazakhstan

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.

Depositing and withdrawing funds is seamless for Kazakhstan traders at both brokers. Exness supports Bank Transfer, Skrill, Neteller, and USDT TRC20 with instant processing and no fees for crypto deposits. FXTM also accepts these methods, but USDT TRC20 deposits may take up to 1 hour. Minimum deposit is $50 at Exness and $50 at FXTM. Withdrawals at Exness are instant for most methods, including USDT TRC20, while FXTM processes withdrawals within 1-3 business days for bank transfers. For Kazakhstan traders, USDT TRC20 is especially convenient due to low fees and fast speeds. Both brokers support tenge conversion via Bank Transfer, but Exness offers better exchange rates. Overall, Exness wins on speed and cost for local payment methods.

☪️

Islamic Accounts - Swap-Free for Kazakhstan Muslims

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

Islamic (swap-free) accounts are available at both Exness and FXTM for Kazakhstan Muslim traders. Exness offers swap-free accounts on all account types (Standard, Zero, Raw Spread) with no hidden fees—simply request activation via support. FXTM provides Islamic accounts on Standard and ECN accounts, but requires a 30-day review period before activation. Exness also allows swap-free trading on indices and commodities, while FXTM limits it to forex pairs. For Kazakhstan traders seeking Sharia-compliant trading, Exness is more flexible and faster to set up. Both brokers ensure no interest is charged on overnight positions, aligning with Islamic principles.

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 available 24/7 at both Exness and FXTM, with English, Russian, and Kazakh language options. Exness offers live chat, email, and phone support with average response times under 2 minutes. FXTM provides similar channels but has longer wait times during peak hours. For Kazakhstan traders, Russian-language support is robust at both brokers. Exness also has a dedicated Kazakhstan phone line, which is a plus for local clients. Both brokers offer comprehensive FAQ sections and video tutorials.

📱

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? - Kazakhstan Guide

Choose Exness if you...

  • Want ultra-low spreads from 0.0 pips to minimize trading costs
  • Prefer instant withdrawals via USDT TRC20 or Skrill
  • Need unlimited leverage up to 1:2000 for small accounts
  • Trade high volumes and require fast execution with no requotes

Choose FXTM if you...

  • Value FCA regulation and stronger investor protection
  • Are a beginner looking for extensive educational resources
  • Want a broker with a strong local presence in emerging markets
  • Prefer a wider range of account types with fixed spreads
❓

FAQ - Exness vs FXTM in Kazakhstan

Is Exness or FXTM better for Kazakhstan?

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Can Kazakhstan traders use both brokers legally?

+

Which broker has lower spreads for Kazakhstan traders?

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How do Kazakhstan traders deposit at Exness and FXTM?

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Do both brokers offer Islamic accounts for Kazakhstan?

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Final Verdict - Kazakhstan 2026

FXTM wins overall

For Kazakhstan retail traders in 2026, Exness is the clear winner with a 4.8/5 rating compared to FXTM's 4.3/5. Exness offers lower spreads, faster withdrawals via USDT TRC20, and unlimited leverage—key advantages for local traders dealing with USD/KZT volatility. While FXTM provides excellent education and FCA regulation, its higher costs and slower payment processing make it less suitable for active traders. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20, but Exness processes them faster. For Kazakhstan traders prioritizing cost efficiency and speed, Exness is the recommended choice. Always check with the local financial regulator (AFSA) for any updates on broker licensing.

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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