Is Exness spread really competitive when compared to other major competitors? This article will make a detailed and objective comparison, helping you answer the question “Where is better?”, thereby making the wisest choice for your trading journey with EX Trading
What Is Spread and Why Is It Important?
Before comparing, we need to understand the nature of spread.
Definition: Spread is the difference between the Bid price (the price you can Sell) and the Ask price (the price you can Buy) of a financial instrument at the same time. This is the profit that the broker earns for each of your transactions. Spread is measured in “pips”.
For example, if the EUR/USD pair has a Bid price of 1.10500 and an Ask price of 1.10510, then the spread is 1.0 pip.
Importance of Spread:
Spread is the first “invisible” cost you pay when opening an order. A newly opened order will always start with a small loss equal to the spread. Therefore:
- The lower the spread, the cheaper the trading costs.
- The lower the spread, the faster you can break even and start making profits. This is especially important for high-frequency traders like scalpers and day traders, where spreads can eat away at a large portion of their profits.
“Dissecting” Exness Spread Levels in Detail on Each Account Type
To make a fair comparison, we need to understand that Exness spreads are not the same across all account types. The broker offers a variety of options to suit different trading styles.
Standard Account Group (Standard & Standard Cent)
- Model: Zero Commission. All transaction costs are included in the spread.
- Spreads: Floating spreads, starting from around 0.3 pips, but the average for major currency pairs like EUR/USD is usually around 1.0 – 1.2 pips .
- Target audience: Best suited for beginners and traders who don't want to bother with complicated commission calculations.
Professional Account Group (Raw Spread, Zero, Pro)
This is the account group that best demonstrates Exness' cost competitiveness.
- Raw Spread Account: Offers raw spreads from liquidity providers, which can start from 0.0 pips . In return, you will pay a fixed commission, typically $7 per round-trip lot. This is the classic ECN model.
- Zero Account: Guaranteed spreads of 0.0 pips on 30 of the most popular instruments 95% of the time. Commissions will be slightly higher than on the Raw Spread account.
- Pro Account: This is Exness’ “secret weapon” and the best account. It offers extremely low spreads starting from 0.1 pip and most importantly, NO commission .
Understanding this structure is key to accurately comparing Exness spreads with competitors.
See more: Trading Exness gold – Detailed instructions for investors
Put It On The Scale: Compare Exness Spread With Other Brokers
Now, let's compare Exness' conditions with the industry average.
Standard Account Segment (No Commission)
- Exness: Offers average EUR/USD spreads of around 1.0 pip.
- Other brokers: Most other reputable brokers in the market usually have spreads for Standard accounts ranging from 1.2 to 1.5 pips for the EUR/USD pair.
- Conclusion: In this segment, Exness is clearly one of the lowest cost options. Their spreads are significantly more competitive than the industry average.
ECN Account Segment (Low Spread + Commission)
- Exness (Raw Spread Account): Spread from 0.0 pip + commission ~7 USD/lot.
- Other leading ECN platforms (IC Markets, Pepperstone…): Offer similar models, spreads from 0.0 pip and commissions also fluctuate around 7 USD/lot.
- Conclusion: In the pure ECN segment, Exness spreads are comparable and compete head to head with the best ECN brokers in the world. You will get professional-grade trading conditions at Exness.
“Breeding” Segment – Low Spread & Zero Commission
- Exness (Pro Account): Ultra low spreads from 0.1 pip and NO commission.
- Other brokers: Very few brokers offer an account with similar conditions. Most low spread accounts come with commissions.
- Conclusion: This is where Exness really shines and stands above the competition. Their Pro account offers a huge cost advantage, especially for swing traders and day traders who don’t want to pay commissions.
What Factors Help Exness Have Competitive Spreads?
Low spreads are no coincidence. They come from Exness' advantages in scale and technology. As a global broker, global Exness has access to the world's top tier 1 liquidity providers (LPs) (major banks).
The huge trading volume of trillions of dollars per month allows them to negotiate the best price conditions from these LPs. That benefit is then passed directly to customers through low and stable spreads.
Compare Exness Spreads on Popular Products
EUR/USD currency pair
As analyzed, the spread for this most traded currency pair in the world at Exness is extremely competitive, especially on Pro accounts, usually fluctuating around 0.1 – 0.3 pips under normal market conditions.
Gold Trading (Exness gold)
For Gold (XAU/USD), one of the most popular products for Vietnamese traders, Exness spreads are also extremely competitive. On Pro accounts, the spread for gold Exness usually fluctuates around 15-20 cents (equivalent to 1.5 – 2.0 pips).
Significantly lower than many competitors who often have gold spreads of over 2.5 – 3.0 pips. Combined with an exclusive swap-free policy for gold, Exness has created a near-ideal environment for trading this precious metal.
Is Exness Spread Better?
After detailed analysis and comparison, the answer is YES, and in many cases SIGNIFICANTLY BETTER.
- For Standard accounts, Exness spreads are more competitive than the industry average.
- For ECN accounts, Exness competes head to head with the best.
- In particular, with the Pro account, Exness offers a cost advantage that few brokers can match.
Choosing a broker with low spreads is a smart decision. It helps you optimize your profits and increase your chances of success in the long run. With the trading conditions that Exness offers, they have proven themselves to be not only a reputable broker but also a true partner who puts the interests of traders first. This is definitely a big advantage for anyone on their EX Trading journey.
See more: Create Exness Account: Instructions for on your phone
Frequently Asked Questions (FAQ)
Are Exness spreads fixed or floating?
Spreads at Exness are floating spreads. This means that the spread will change constantly depending on market conditions. It will be very low when the market is highly liquid and can widen during important news or times of low liquidity.
Which Exness account has the lowest spread?
The Raw Spread and Zero accounts have spreads starting from 0.0 pips, but come with a commission. The Pro account has spreads as low as 0.1 pips but no commission. As a result, the Pro account is often considered the most optimal total trading cost (spread + commission) option for many traders.
Why do spreads widen when there is important news?
When there is important news, the market becomes very volatile and uncertain. To protect themselves from risk, liquidity providers (banks) will temporarily increase the difference between the bid and ask prices, causing the spread to widen.
