[Exness: For Beginners] Exness VS FXDD 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 FXDD is also a global Forex company. 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 FXDD?

FXDD is a Forex company established in the United States in 2002. We are doing a trading contest with a maximum leverage of 500 times and a luxurious prize money, so it will be a very attractive Forex company for active traders. However, it is also a Forex company that often has troubles.

FXDD

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

The main users of FXDD will be Japan and the United States. Besides that, it can be said that it is a fairly successful Forex company because it has expanded into the Middle East, Africa, and even Southeast Asia.

Source : TradersUnion

Exness VS FXDD

ItemExnessFXDD
CompanyNymstar LimitedFXDD Trading
Established20082002
HeadquarterSeychellesBermuda
LicenseFSA, CySEC, FCA×
Trade MethodSTP/ECNNDD STP
NDD ECN
Account TypeStandard
Raw Spread
Zero
Pro
Standard
Premium
Max Leverage2000500
Trade InstrumentsForex pair
Metal
Energy
Stock
Stock Index
Cryptocurrency
Forex pair
Metal
Energy
Commodity
Stock
Stock Index
Cryptocurrency
Trade FeeFreeFree
Average Spread0.0pips
(Raw Spread Account)
0.1~0.3pips
(Premium Account)
Min Lot0.010.01
Max Lot20050
Max PositionUnlimitedUnlimited
Stop Level0pips0.0pips
Scalping
Auto Trading
Hedge
Margin Call60%120%
Loss Cut0%100%
Zero Cut
Trade ToolMT4
MT5
MT4
MT5
Account CurrencyJPY
USD
EUR
JPY
USD
EUR
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. FXDD does not have a license.

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. FXDD is also highly leveraged and can be traded at 500 times,

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. FXDD does not have bonuses as well, but they run occasional campaigns.

average spread

I compared the standard account of Exness and the standard account of FXDD. Obviously, Exness has tight spreads, so if you want to trade short term, I recommend it. FXDD likewise has no bonuses, so the spreads are tight.

ExnessFXDD
USD/JPY1.1pips2.2pips
EUR/JPY1.9pips2.8pips
CAD/JPY2.4pips3.1pips
AUD/JPY1.3pips3.5pips
GBP/JPY2.0pips3.5pips
EUR/USD1.0pips1.9pips

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. Overall, FXDD has a large number of stocks.

ExnessFXDD
Forex12755
Metal116
Energy24
Commodity×1
Stock31122
Stock Index1314
Crypto75

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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