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  3. FxPro vs EXNESS – Compare brokers, review spreads, costs, commissions regulations

FxPro vs EXNESS

In the table above we compare FX Broker FxPro vs FX BrokerEXNESS .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:

1. Compare Regulations: FxPro vs EXNESS
Is Broker EXNESS regulated or is Broker EXNESS regulated?
Compare FxPro vs EXNESS and find out who is regulated and where.
In the event FxPro or EXNESS goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates FxPro, and who regulates EXNESS

2. Compare Account types: FxPro vs EXNESS
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare FxPro vs EXNESS in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on FxPro’s demo account or EXNESS ‘s demo account? Do you neem direct market access or need to access FxPro’s API or EXNESS’s API?
What initial deposit is FxPro asking for and what initial deposit is EXNESS asking for?

3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare FxPro vs EXNESS and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is FxPro’s customer service vs EXNESS’s customer service. As if you have an issue you would like to speak or chat to someone immediately.

5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on FxPro’s FX trading platform or EXNESS’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare FxPro vs EXNESS and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare FxPro’s fees vs EXNESS ‘s fees.
For those that a different style of trading, compare FxPro vs EXNESS to see who offers, Mirror Trader, ZuluTrade, or Signal Trader

If you would like to trade with your IOs or windows mobile platform compare FxPro vs EXNESS and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either FxPro or EXNESS

For any further questions feel free to comment below. If you would like to leave a review of FxPro or review EXNESS, feel free to do so too.

 

 

Product Name

FxPro

EXNESS

Product Image FxPro EXNESS
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

FxProEXNESS
Broker Type DMA/STP DMA/STP
Broker Country Cyprus Cyprus
Regulation CySEC, FCA UK CySEC, IFSC Belize
Indipendant Broker Independent broker. Independent broker
Year in Industry 2006 2008
International Offices United Kingdom, Russia StVincent and Grenadines

Account

FxProEXNESS
Accept US Clients Yes Yes
Mini account deposit $1 $1
Standard account deposit $1 $2000
ECN account deposit $300
Trading account currency USD Account, EUR Account, GBP Account, AUD Account, CHF Account, JPY Account, PLN Account USD Account, EUR Account, GBP Account, JPY Account, NZD Account, RUB Account, PLN Account, SEK Account, TRY Account, ZAR Account, TWD Account, SGD Account, XAG Account, XAU Account
Leverage Account 500 : 1 Standard Account 2000 : 1 Mini account
Minimal size lot 0.1 lot 0.01 lot Mini account
Leverage Mini account Mini Account, Standard Account Mini Account, Standard Account, ECN Account

Payments

FxProEXNESS
Funding method Bank Wire, Credit Card, Debit Card, PayPal, Neteller, Skrill, China UnionPay Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo
Withdrawal method Bank Wire, Credit Card, Debit Card, PayPal, Neteller, Skrill, China UnionPay Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo

Costs

FxProEXNESS
Commissions no no - Mini & Standard account
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 0.6 pips 0.2 pips Mini account

Trading

FxProEXNESS
Premium trading Market recommendations Spreads EURUSD from 0.1 pip
Scalping yes yes
Hedging
EAs allowed yes yes

Platform

FxProEXNESS
Trading platform type MT5 Live, MT4 Desktop/Mobile/iOS/Android/Smartphone, Web Trader, cTrader Desktop/Web, Autochartist, FxPro SuperTrader MT5 Desktop/iOS/Android, MT4 (ECN), MT4 Desktop/iOS/Android
Platform time zone GMT+2 GMT
Decimal pricing 5 digits 5 digits
Trailing stops Trailing Stoploss Trailing Stoploss
OCO orders No OCO orders No OCO orders
One click One click trading One click trading
Mobile trading
Webtrading
API Solutions

Products

FxProEXNESS
Currency pairs 72 fx pairs (+59 exotic) 114 fx pairs (90+ exotic)
Exotic Pairs Exotic Forex Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Shares, Futures, Commodities Energies

Other

FxProEXNESS
MAM PAMM LAMM MAM/PAMM MAM
Managed Accounts No No
Swap free accounts Yes Yes
Segregated client accounts

Promotions and Offers

FxProEXNESS
Bonuses (T&Cs apply) No Yes
Contests No Yes