Barclays
Exness
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Barclays was founded in 2011 and is headquartered in United Kingdom, while Exness was established in 2008 and is based in Cyprus. Barclays holds licences including Financial Conduct Authority (FCA), while Exness is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Barclays serves 10,000+ clients worldwide; Exness has 10,000+. The minimum deposit is $0 at Barclays and $1 at Exness.
| Feature | Barclays | Exness |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) | Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) |
| Founded | 2011 | 2008 |
| Country | United Kingdom | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Barclays and Exness, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Exness). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Barclays | Exness |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Barclays offers MT4, MT5, cTrader, while Exness supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Exness supports social and copy trading features, which Barclays does not offer. The two brokers are closely matched on platform offering.
| Feature | Barclays | Exness |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Barclays and Exness compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Barclays scores higher overall in education and research.
| Feature | Barclays | Exness |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Barclays accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Exness supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Barclays | Exness |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Barclays and Exness offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Barclays | Exness |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |