[Exness: For Beginners] Exness VS BigBoss Which Is Better?  Characteristics, spreads, leverage comparison

About exness

Exness has become a global Forex company and has users all over the world. For that reason, it is a very popular company, but BigBoss is also a well-known Forex company among Japanese users. Which one is better for actual use?

Exness company information

Founded in 2008, Exness is a world-famous Forex brand with a global presence. Multinational corporate group with official financial licenses in multiple countries, including European and international subsidiaries and affiliates. As of April 2022, it boasts a transaction size of over $2,105 trillion.

What is BigBoss?

BigBoss is very popular because it allows for fairly high leverage trading with leverage of 1111 times, and a 100% deposit bonus is always held. Furthermore, there are not many restrictions, and you can also do things like scalping and automated trading. It will be a company mainly for Japanese users.

BigBoss

Exness Reviews and Reputation

FPA is the world’s largest FX company word-of-mouth site. Exness has a rating of 3.139, 529 Reviews as of 2023. You can see that they are getting pretty good reviews. Exness is very popular for its contracting power and good support. In particular, support is available in multiple languages, starting with English, so it can be used in a wide range of areas around the world, so you can see that it is quite highly rated.

Distribution of registered users by country and region

Exness is a global Forex company. Therefore, we know that there are users all over the world. I collected reviews and reputations of TradersUnion, a review site that reviews FX companies and virtual currency exchanges around the world.

Exness is a well-known Forex company with many users in Thailand, Southeast Asia, South Asia, South America and Africa.

Source : TradersUnion

Exness VS BigBoss

ItemExnessBigBoss
CompanyNymstar LimitedPrime Point LLC
Established20082013
HeadquarterSeychellesSt. Vincent and the Grenadines
LicenseFSA, CySEC, FCAFSA
Trade MethodSTP/ECNNDD ECN
Account TypeStandard
Raw Spread
Zero
Pro
Standard
Pro Spread
Max Leverage20001111
Trade InstrumentsForex pair
Metal
Energy
Stock
Stock Index
Cryptocurrency
Forex pair
Metal
Energy
Stock Index
Cryptocurrency
Trade FeeFreeFree
Average Spread0.0pips
(Raw Spread Account)
0.9~1.2pips
(Pro Spread Account)
Min Lot0.010.01
Max Lot20050
Max PositionUnlimitedUnlimited
Stop Level0pips1.0pips
Scalping
Auto Trading
Hedge
Margin Call60%50%
Loss Cut0%20%
Zero Cut
Trade ToolMT4
MT5
MT4
MT5
Account CurrencyJPY
USD
EUR
MT4
MT5
BBQ
Min Deposit$10~$0~
Bonus×
Deposit/withdrawal methodBank Transfer
Credit/Debit Card
Online Wallet
Crypto
Bank Transfer
Credit/Debit Card
Online Wallet
Crypto

financial license

Exness is licensed by the UK Financial Conduct Authority and operates under fairly strict regulations, so you can rest easy. FCA has to clear a very high hurdle, so you can be very relieved.

Maximum leverage

With Exness, the maximum leverage is 2000 times, so you can trade with high leverage and there is no limit on the maximum number of positions, so the degree of freedom is quite high. BigBoss is also highly leveraged, can be traded at 1111x, and has no limit on the maximum number of positions.

Loss cut level

In Exness, the loss cut is set at 0%, which shows that the trader has a high degree of freedom. On the other hand, 0% may result in a total loss, so it will be necessary to pay attention to the trader’s discretion.

bonus, campaign

There are very few bonuses or promotions at Exness. On the other hand, spreads are notoriously tight. Since BigBoss is held irregularly, there is no campaign that is always running, so it will be a disadvantage.

average spread

I compared the standard account of Exness and the standard account of BigBoss. Obviously, Exness has tight spreads, so if you want to trade short term, I recommend it. BigBoss has generous spreads due to the generous bonuses.

ExnessBigBoss
USD/JPY1.1pips1.9pips
EUR/JPY1.9pips1.9pips
CAD/JPY2.4pips2.2pips
AUD/JPY1.3pips2.1pips
GBP/JPY2.0pips2.1pips
EUR/USD1.0pips1.2pips

Number of stocks handled

Exness has a large number of exchanges, even covering exotic currency pairs. In addition, there are many other stocks such as precious metals, energy, and virtual currencies. BigBoss has a very small number of stocks handled overall, but you can see that the virtual currency is relatively substantial.

ExnessBigBoss
Forex12743
Metal114
Energy24
Commodity××
Stock31×
Stock Index1314
Crypto730

Open a free account

You can open an account with Exness for free. Since there is no risk, you can easily open an account. If you are interested, the following article summarizes the method and procedure for opening an account, so please refer to it.

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