Exness Spread and Fees Review
Exness offers competitive spreads and fees, with typical spreads starting as low as 0.1 pips for major currency pairs. This makes it a cost-effective choice for traders seeking affordable trading options.
Exness Trading Company is a prominent name in the Forex market. It was established in 2008 and got registered in the Republic of Seychelles. The company is currently regulated by the FCA (Office of Financial Regulation and Supervision of Great Britain), CySEC (Cyprus Securities Commission), and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles).
Over the years, Exness has made its name in the crypto industry with its relatively low fees and commissions. Not only that, but it is also popular for quick order execution and withdrawal of funds.
The broker also offers CFDs available for cryptos, stocks, 120+ currency pairs, energy, and metals. If you’re looking to start your trading career with Exness, you must know about the platform’s fees and commission structures.
Here is a quick breakdown of Exness spread and fees:
| Account | Spread (minimum value) | Swap Fees | Management Fees | Withdrawal Commission | Inactivity Fees |
|---|---|---|---|---|---|
Standard |
Starting from $3 |
None |
None |
None |
None |
Standard Cent |
Starting from $0.03 |
None |
None |
None |
None |
Standard Plus |
Starting from $10 |
None |
None |
None |
None |
Pro |
Starting from $1 |
None |
None |
None |
None |
Is Exness Cheap?
Evaluating what you’ll get in return on investment is crucial before choosing a broker. It helps you determine whether a crypto exchange platform is cheap or not.
First, you need to consider the trading fees, which you pay per trade. Trading fees include conversion fees, spreads, financing rates, and commissions. Second, you need to watch out for the non-trading fees, the amount you pay for activities other than trading. Non-trading fees include withdrawal fees and inactivity fees.
So, is Exness affordable? Yes, it definitely is. It is ideal for people who want to trade with various financial markets without paying high trading costs and swap fees. Exness’s ECN Account offers traders the lowest spreads, fees, and minimum deposits.
For these reasons, Exness’ ECN account is considered one of the most used accounts on the platform.
Exness Forex Spread and Fees
Exness is a reliable and transparent crypto broker. It has a clear fee and commission structure that usually varies from its account type. The platform charges no inactivity fee. However, it charges deposit fees and withdrawal fees that vary depending on the payment method you choose.
Exness spread and fees begin from US$3.5 with minimum spreads of 0.0 pips.
Exness Spread Compared
Here is the Exness spread table compared with Roboforex and Forex4you:
| Exness (Standard account) | Roboforex (Pro-Standard) | Forex4you | |
|---|---|---|---|
EURUSD |
1 |
1.4 |
2 |
GBPUSD |
1.1 |
2.0 |
3 |
USDJPY |
1.3 |
2.0 |
2 |
Exness Forex Fees
As mentioned above, Exness fees usually vary with the type of account you choose. Its ECN account has a fixed fee, which is, so far, one of the lowest in the market. However, it’s a bit higher than that of RoboForex.
As far as the Standard account is concerned, Exness has a lower spread than RoboForex, while the account fee remains the same for both.
| Fee | RoboForex | Exness |
|---|---|---|
Standard Account EURUSD Average Spread |
1.4 pips |
1 pip |
Standard Account Fee |
$0 |
$0 |
ECN Account Fee |
$2 per lot |
$3.5 per lot |
ECN Account EUR Average Spread |
0.1 pip |
0.1 pip |
Exness CFDs Spread and Fees
Exness has a tight but supe,r-competitive spread compared to what other exchange platforms or brokers offer in the market. The platform’s spread starts as low as 0.0 pips, with commissions from $3.5 with the ECN account. This includes trading the EUR/USD/GBP pairs.
You will only need to deposit a minimum of 1 GBP/USD/EUR when opening a trading account on Exness. Brokers with low minimum deposits and spreads are ideal for mainstream traders who don’t require advanced features and research tools.
| Broker | Average Commission | Average Spread |
|---|---|---|
Exness Group |
$8.25 |
1 pip |
FxPro |
$13.2 |
1.27 pips |
RoboForex |
$6.55 |
1.3 pips |
As you can see, the average commissions and spreads vary from platform to platform. Exness offers relatively lower spreads than FxPro and RoboForex, making it a more affordable platform for beginners and professionals alike.
Exness Non-Trading Fees
Many crypto platforms charge non-trading fees, such as inactivity fees and withdrawal charges. Exness usually doesn’t charge any inactivity fees, but it sure has withdrawal fees ranging from the payment method you choose. The platform supports the world's top-tier payment systems and crypto and e-wallets, including Bank Card, Perfect Money, and Webmoney.
Does Exness Charge Inactivity Fee?
No, Exness doesn’t charge any sort of inactivity fees. The platform also has no swaps or overnight fees on their popular instruments, including crypto, stocks, indices, gold, and some popular currencies.
Does Exness Charge Withdrawal Fee?
Exness withdrawal fees generally vary depending on the type of withdrawal payment method you choose. Every broker has its own specific withdrawal fee structure, processing times, and currency conversion fee.
For a Bank Card, the minimum deposit is $10, and the minimum withdrawal amount is $3. On the other hand, the minimum deposit for Perfect Money is $50, and the minimum withdrawal amount is $2.
Does Exness Charge Other Fees?
Traders using the Exness platform must know that they can only trade certain financial instruments in a certain time period. If traders tend to hold their positions even after they’re closed, they may have to pay additional fees, like overnight fees, swap fees, or rollover fees. Fortunately, Exness doesn’t charge these fees on their most popular instruments.
Since Exness doesn’t provide spread betting services, it doesn’t have any fees for that.
Exness Swap
Compared with other crypto brokers, like Roboforex and Forex4you, we can see:
| Exness (Standard) | Roboforex (Pro-Standard) | Forex4you | |
|---|---|---|---|
GBPUSD short |
-0,13 |
-0,1 |
-0,459 |
GBPUSD long |
-0,16 |
-0,41 |
-0,493 |
EURUSD short |
-0,34 |
0,19 |
-0,085 |
EURUSD long |
-0,05 |
-0,76 |
-0,765 |
USDJPY short |
-0,04 |
-0,8077 |
-0,748 |
USDJPY long |
-0,36 |
0,0214 |
-0,272 |
As the above table shows, Exness’ spread and fees are close to zero for most currencies as compared to its two counterparts.
Rebate From Traders Union
How to earn more with TU rebate?Rebates allow traders to avail of reduced trading costs. Many crypto exchanges collaborate with platforms, like Traders Union, to offer traders spread compensations.
To get a rebate on Exness, you have to register yourself on the Traders Union website using a special link. After opening the account with a broker, you’ll get spread compensation or rebate irrespective of the profitability of transactions. For Exness, the rebate size is 80%.
For 1 lot for Standard Cent accounts, Traders Union provides remuneration of 40% on all instruments. Depending upon the instrument, the rebate amount is $0.37 to $135 for a Standard Plus account. This amount is 17% on all instruments for Pro accounts, while the Raw Spread accounts have $0.10 to $20 depending on the instrument. Lastly, the Zero account remuneration starts from $0.06 to $20, depending on the instrument.
For example, you need to trade 1 lot a day. Typically, 1 lot for one pair of EUR/USD accounts for 100,000 units of the base currency. For 1 lot, the pip value is $10, and the spread is -0.9 pips.
If you choose to work with Exness, you’ll get a $9 spread cost per day. On this amount, the Trader Union will receive 40% of the spread and the 80% gets transferred to the trader. So, the total amount of the compensation is: 9 x 0.4 x 0.8 = $2.88. Thus, the real trader cost will sum up to $6.12 when working with Traders Union.
Register on the Traders Union to get started!Top 5 Exness Reviews
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Comment
I want to share how fast Exness and their team is to respond when you need help. I've gotta say, lam impressed. Whenever I've had a question regarding the site, their support team has been right there, ready to lend a hand. There was this one time I had an issue with a trade, and I needed help ASAP. I referred to their site which stated that their online support was available 24/7, so I gave it a shot and got a reply almost immediately. It's like they're always on standby, ready to tackle any problem that comes their way. Every time l've reached out, they've been super friendly and actually solved my problem.
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Comment
So far, moving money around with Exness has been smooth and easy for me. Whether I'm depositing funds to jump on a trading opportunity or cashing out my profits, the process has been hassle-free. One thing that I greatly appreciate is the responsiveness of their site in processing deposits. Accessible buttons are all over the site so no troubles are encountered trying to find that specific button to do that one thing. On top of that, on the off chance that you're experiencing delays, people from their team are easily approachable to help you out. If you're after a broker that handles your funds smoothly and has your back when things don't go as planned, Exness is worth checking out.
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Comment
Traders can utilize the risk management features available on Exness to minimize the risk of losing trades easily when they are trading cryptocurrencies like Bitcoin. This has become a popular strategy among traders of all levels and it is recommended. Doing this is easy on Exmess, you can set the volume in units for your BTC,volume in lots, and volume in currency. Including a stop-loss order helps to limit potential losses by automatically closing a trade when the price reaches a specified level. To use a stop-loss, determine the level at which you are willing to accept a loss if the trade moves against you. A take-profit order is used to lock in profits by automatically closing a trade when the price reaches a specified level. To use a take-profit determine the level at which you want to take profits if the trade moves in your favor.
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Comment
I consider Exness to be a straightforward and reliable broker. This company has been operating for a long time, and many traders trust it. The broker holds several licenses depending on the country where the company provides services. One of the company's features is the ability to open an account in any convenient currency, although I prefer euros. Also, Exness offers a wide range of trading instruments, and I mainly use highly liquid currency pairs.
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Comment
I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them oliviatrader 44 at gmail com WhatApp +1 (423) 248 - 2140
FAQs
Here are some commonly-asked questions about Exness spread and fees:
Is Exness a Trusted Broker?
Exness is a reliable, quality broker serving international traders since 2008. It is regulated by the FCA (Office of Financial Regulation and Supervision of Great Britain), CySEC (Cyprus Securities Commission), and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). Thus, it’s a trusted broker.
How Many Types of Account Does Exness Offer?
Exness primarily offers three types of accounts: Standard Cent Account, ECN Account, and Zero Spread Account.
How Long Do Exness Withdrawals Take?
It usually takes an average of 2-5 days to withdraw money from Exness. The time varies depending on the payment method.
Does Exness Have Fees?
Yes, Exness has withdrawal and deposit fees. However, it doesn’t have inactivity fees and charges no swap fees on most popular instruments, including stocks, cryptos, and gold.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.