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

Exness Vs XM Group: Which Broker Wins For Vietnam Traders In 2026?

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

Quick Verdict — Vietnam 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 Vietnam 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

Vietnam's forex market is booming, especially among young, tech-savvy traders in Hanoi and Ho Chi Minh City who demand fast execution, low costs, and local payment methods. Exness and XM Group are two of the most popular global brokers serving Vietnam, each with strong reputations. Exness scores 4.8/5, praised for its ultra-low spreads, instant withdrawals via Momo and USDT, and a robust platform ecosystem. XM Group scores 4.7/5, known for its extensive educational resources, generous bonuses, and reliable customer support. Both accept VND deposits and support Bank Transfer, Momo, and USDT, but they differ in trading costs, regulation, and account features. This comparison helps Vietnam traders choose the right broker based on their trading style, volume, and local needs.

🏆

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 Vietnam traders, spreads and commissions directly impact profitability. Exness offers spreads from 0.0 pips on its Raw Spread and Zero accounts, with a commission of $3 per lot per side. XM Group's Standard account has spreads from 1.0 pips with no commission, while its Zero account starts from 0.0 pips but charges $5 per lot per side. Over 100 lots per month, Exness saves roughly $200 in costs. Exness also has no hidden fees for swaps, while XM Group charges swap rates that can be higher for Vietnam traders. For scalpers and day traders, Exness is more cost-effective.

📂

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 - Vietnam Traders

Entity / AssetExnessXM Group
Vietnam (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 Vietnam Traders
Traders in Vietnam 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, plus web and mobile platforms. Exness also provides its proprietary Exness Terminal and Exness Trade app, which are optimized for mobile trading and support real-time notifications—ideal for young Vietnam traders always on the go. XM Group focuses on MT4/MT5 with additional tools like XM WebTrader and a trading simulator. Exness’s mobile app has a slight edge with faster execution and localized features, but XM’s platform stability is excellent. Both support Vietnamese language interface.

⚡

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 average execution speeds under 100 milliseconds with no requotes, thanks to its advanced infrastructure and deep liquidity pools. XM Group also offers fast execution (under 200 milliseconds) but may experience requotes during high volatility. For Vietnam traders engaged in scalping or news trading, Exness’s execution quality is superior. XM Group’s execution is still solid for swing traders and longer-term positions.

🛡️

Regulation & Safety for Vietnam Traders

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

Exness is regulated by the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), offering negative balance protection and segregated accounts. XM Group is regulated by the FCA, CySEC, ASIC (Australia), and IFSC (Belize). Neither is regulated by the State Securities Commission of Vietnam (SSC), but this is common for international brokers serving Vietnam. Exness has a stronger track record with client fund security and no trading restrictions. XM Group’s multi-regulator oversight provides additional confidence. Vietnam traders should note that deposits are not protected by local deposit insurance schemes, but both brokers comply with international standards.

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

Deposits & Withdrawals for Vietnam

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

Depositing and withdrawing in VND is seamless with both brokers. Exness supports Bank Transfer, Momo, and USDT with no fees and instant processing for most methods. Withdrawals via Momo and USDT are processed within minutes, a major advantage for Vietnam traders needing fast access to funds. XM Group also accepts Bank Transfer, Momo, and USDT, but bank transfers can take 1-2 business days. XM Group charges no deposit fees but may apply a small withdrawal fee for bank transfers. Exness offers unlimited free withdrawals, while XM Group allows one free withdrawal per month. For frequent traders, Exness is more convenient.

☪️

Islamic Accounts - Swap-Free for Vietnam 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 Muslim traders in Vietnam. Exness provides Islamic accounts upon request for all account types, with no swap fees on overnight positions. XM Group offers Islamic accounts automatically for clients in Muslim-majority regions, including Vietnam, with no additional charges. Exness’s Islamic accounts are more flexible, allowing swaps on certain instruments if requested, while XM Group strictly adheres to Sharia law. Both are suitable for Vietnam’s Muslim minority traders seeking ethical trading.

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 support via live chat, email, and phone, with Vietnamese-speaking agents available during peak hours. XM Group also provides 24/5 support with Vietnamese language options, plus a comprehensive FAQ in Vietnamese. Exness’s live chat response time is faster (under 30 seconds), while XM Group’s phone support is more personal. Both are reliable, but Exness has an edge for round-the-clock assistance.

📱

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? - Vietnam Guide

Choose Exness if you...

  • Trade high volumes (over 10 lots per month) and need ultra-low spreads.
  • Prefer instant withdrawals via Momo or USDT without fees.
  • Are a scalper or day trader requiring fast execution and no requotes.
  • Want a mobile-first platform with Vietnamese language support.

Choose XM Group if you...

  • Are a beginner needing extensive educational resources and webinars.
  • Prefer a wider range of account types and bonus offers.
  • Value multi-regulator oversight (FCA, CySEC, ASIC) for added security.
  • Trade less frequently and prioritize customer support with personal touch.
❓

FAQ - Exness vs XM Group in Vietnam

Is Exness or XM Group better for Vietnam?

+

Can Vietnam traders use both brokers legally?

+

Which broker has lower spreads for Vietnam traders?

+

How do Vietnam traders deposit at Exness and XM Group?

+

Do both brokers offer Islamic accounts for Vietnam?

+

Final Verdict - Vietnam 2026

XM Group wins overall

For Vietnam traders, Exness is the clear winner for active, tech-savvy traders who prioritize low costs, fast withdrawals via Momo and USDT, and superior execution. Its 4.8/5 rating reflects its strength in local payment methods and zero-fee withdrawals. XM Group, with a 4.7/5 rating, is better for beginners and traders who value educational resources and bonus programs. While both are unregulated by SSC Vietnam, they comply with international standards. Ultimately, your choice depends on trading style: choose Exness for efficiency, XM Group for learning and support.

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 Vietnam 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 Vietnam
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