[Exness: for beginners] Which is better, Exness VS FXGT?  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 FXGT is also a well-known FX 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 FXGT?

FXGT will be a FX company for Japanese users operated by the GT Group. Apart from this, there is also a company called Global GT, which is a Forex company for global users. Therefore, FXGT users are limited to Japanese only. FXGT has a lot of bonuses and is very popular.

FXGT

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 FXGT

ItemExnessFXGT
CompanyNymstar Limited360 Degrees Markets Ltd
Established20082019
HeadquarterSeychellesSeychelles
LicenseFSA, CySEC, FCAFSA
Trade MethodSTP/ECNNDD STP
NDD ECN
Account TypeStandard
Raw Spread
Zero
Pro
Mini
Crypto Max
Standard+
Pro
ECN
Max Leverage20001000
Trade InstrumentsForex pair
Metal
Energy
Stock
Stock Index
Cryptocurrency
Forex currency pair
precious metal
energy
stock
Stock index
virtual currency
coin
GTi12 index
DeFi token
synthetic
NFTs
Trade FeeFreeFree
Average Spread0.0pips
(Raw Spread Account)
0.0pips
(Zero Account)
Min Lot0.010.01
Max Lot200200
Max PositionUnlimited200
Stop Level0pips31 point
Scalping
Auto Trading
Hedge
Margin Call60%50%
Loss Cut0%20%
Trade ToolMT4
MT5
MT5
Account CurrencyJPY
USD
EUR
JPY
USD
EUR
BTC
ETH
XRP
ADA
USDT
Min Deposit$10~$5~
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. FXGT is also highly leveraged and can be traded at 1000 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. FXGT has an account opening bonus, deposit bonus, and cashback campaign, so it is very fulfilling, but the spread is very wide.

average spread

I compared the standard account of Exness and the standard account of FXGT. Obviously, Exness has tight spreads, so if you want to trade short term, I recommend it. FXGT has a lot of bonuses, so the spread is very wide.

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

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. FXGT has more stocks overall, so it is very attractive and highly evaluated by many users. .

ExnessFXGT
Forex12755
Metal112
Energy23
Commodity××
Stock3135
Stock Index1310
Crypto729
GTi12×1
DeFi×10
Synthetic×20
NFT×5

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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