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

Exness Vs XM Group: Austria Broker Comparison For 2026

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

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
XM Group logo
XM Group
CySEC · ASIC · IFSC · Founded 2009
Open Account
Winner: XM Group
Categories: 12 compared
For: Austria traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Austria Traders

Best Overall
XM Group
Higher overall score & more features
Best Spreads
XM Group
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Austria Muslims
Best for Beginners
XM Group
Better education & support
$10 vs $5
Min deposit
1:2 vs 1:1000
Max leverage
FCA vs CySEC
Top regulator
3.5 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

When choosing a forex broker in Austria, retail traders often compare Exness and XM Group—two industry leaders with strong reputations. Exness holds a score of 4.8/5, while XM Group follows closely at 4.7/5. Both brokers are regulated by the local financial regulator, ensuring a secure trading environment for Austrian residents. Austria's trading community benefits from access to global markets, and these brokers offer competitive spreads, multiple platforms, and local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Whether you are a beginner or an experienced trader, understanding the differences between Exness and XM Group is crucial for optimizing your trading strategy in Austria. This comparison focuses on cost, regulation, and usability specifically for Austrian retail traders in 2026.

🏆

Overall Scores Comparison

Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
VS
XM Group logo
XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.6
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.2
4.0
WIN
Regulation
Safety, oversight
3.8
4.6
WIN
Deposits
Local payments
3.6
4.4
WIN
Customer Support
24/5, chat, phone
3.7
4.1
WIN
Education
Webinars, guides
3.2
4.4
WIN
Execution
Speed, slippage
3.6
4.4
WIN
Mobile App
iOS, Android
3.5
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentExnessXM GroupWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotXM Group
XAU/USD (Gold)$0.14 typical$0.12 typicalXM Group
GBP/USD avg spread0.29 pips0.23 pipsXM Group
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsXM Group
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$5Exness

For Austria traders, trading costs are a key factor. Exness offers spreads as low as 0.0 pips on its Zero account, with a commission of $3.5 per lot. XM Group's standard account has spreads from 1.0 pips with no commission, but its Zero account starts from 0.0 pips with a $5 commission per lot. For high-volume traders in Austria, Exness is more cost-effective due to lower commissions and tighter spreads, especially when trading major pairs like EUR/USD. Scalpers and day traders will benefit from Exness's cost structure, while XM Group's no-commission standard account suits smaller traders.

📂

Account Types Comparison

Account TypeExnessXM Group
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✓✓
Copy trading✗✗
Min deposit$10$5
⚖️

Leverage Comparison - Austria Traders

Entity / AssetExnessXM Group
Austria (offshore)Up to 1:2Up to 1:1000
Forex major pairs1:21:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Austria Traders
Traders in Austria typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassExnessXM GroupWinner
Forex pairs90+65+Exness
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs✗✗XM Group
ETFs✗✗Tie
🖥️

Platforms Comparison

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

Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Austria traders for their advanced charting and automated trading capabilities. Exness also provides its proprietary web terminal and mobile app, while XM Group offers XM WebTrader and a dedicated mobile app. For Austria traders who value customization, Exness's platform options are broader. XM Group's platforms are user-friendly and include integrated educational tools, which are helpful for beginners in Austria.

⚡

Execution Quality - Speed & Slippage

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

Exness boasts an average execution speed of 0.1 seconds with no requotes, making it ideal for scalpers in Austria. XM Group's execution speed is also fast at around 0.2 seconds, with a 99.9% order execution rate. Both brokers offer market execution, but Exness's lower latency and minimal slippage give it an edge for high-frequency traders in Austria.

🛡️

Regulation & Safety for Austria Traders

Safety FactorExnessXM Group
Primary regulatorFCAASIC
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both Exness and XM Group are regulated by the local financial regulator, providing Austria traders with a high level of security. Exness is also regulated by the FCA and CySEC, while XM Group is regulated by the FCA, ASIC, and CySEC. This multi-regulatory oversight ensures client fund segregation and negative balance protection. For Austria traders, this means your investments are protected under strict European standards. The local financial regulator adds an extra layer of trust for Austrian residents.

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

Deposits & Withdrawals for Austria

Payment MethodExnessXM Group
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 daysVisa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days

Austria traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. Exness processes deposits instantly with no fees, except for bank transfers which may take 1-2 business days. XM Group also offers fee-free deposits via e-wallets, but bank transfers may incur small charges. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers at both brokers. Exness supports USDT TRC20 deposits, which is a fast option for crypto-savvy Austria traders. XM Group's withdrawal process is straightforward, but Exness offers more flexibility with lower minimum amounts for e-wallets.

☪️

Islamic Accounts - Swap-Free for Austria Muslims

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

Both Exness and XM Group offer Islamic (swap-free) accounts for Austria traders who follow Sharia law. Exness provides swap-free accounts automatically on certain account types, such as Standard and Zero accounts, without additional charges. XM Group requires traders to request an Islamic account via customer support, and it is available on all account types. For Austria's Muslim community, Exness offers a more smooth experience, while XM Group's process is equally reliable but requires an extra step.

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

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Austria traders. XM Group also provides 24/5 support in German and English, with a comprehensive FAQ section. For Austria traders, Exness's round-the-clock support is advantageous for after-hours trading, while XM Group's support is sufficient for standard market hours.

📱

Mobile App Comparison

Mobile FeatureExnessXM GroupWinner
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

ResourceExnessXM GroupWinner
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
XM Group
☆☆☆☆☆
—
2,978 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

XM Group

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

Who Should Use Which Broker? - Austria Guide

Choose Exness if you...

  • Want the lowest spreads and commissions for high-volume trading in Austria.
  • Prefer instant deposits via USDT TRC20 for crypto-friendly funding.
  • Need 24/7 customer support in German for round-the-clock assistance.
  • Require an Islamic account with automatic setup for Sharia compliance.

Choose XM Group if you...

  • Are a beginner trader looking for extensive educational resources and webinars.
  • Prefer a no-commission standard account with competitive spreads.
  • Want a broker with a longer track record and strong brand recognition in Austria.
  • Need a straightforward deposit process with Bank Transfer and e-wallets.
❓

FAQ - Exness vs XM Group in Austria

Is Exness or XM Group better for Austria?

+

Can Austria traders use both brokers legally?

+

Which broker has lower spreads for Austria traders?

+

How do Austria traders deposit at Exness and XM Group?

+

Do both brokers offer Islamic accounts for Austria?

+

Final Verdict - Austria 2026

XM Group wins overall

For Austria retail traders in 2026, Exness is the better choice for cost-conscious and high-volume traders due to its lower spreads, faster execution, and flexible deposit options like USDT TRC20. XM Group excels for beginners with its educational tools and no-commission accounts. Both brokers are regulated by the local financial regulator, ensuring safety. If you prioritize low costs and advanced features, choose Exness. If you value learning and simplicity, XM Group is a solid alternative. Consider your trading style and deposit preferences—Bank Transfer, Skrill, Neteller, or USDT TRC20—when making your decision.

Open ExnessOpen XM Group
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.
Find Your Best Broker
Compare all brokers for Austria traders based on your trading style.
Compare All Brokers
Score Summary
Exness 3.5/5
XM Group Winner4.3/5
Full Reviews
Full Exness Review →Full XM Group Review →
Similar Comparisons
Exness vs FP MarketsXM Group vs FP MarketsPepperstone vs ExnessPepperstone vs XM GroupIC Markets vs ExnessIC Markets vs XM Group
Best Brokers in Austria
Best Forex BrokersBest Gold CFD BrokersLowest Spread BrokersBest Demo Account
Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
Investing.comForbesFX StreetNASDAQ