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

About exness

Exness has become a global Forex company and has users all over the world. Therefore, it is a very popular company, and GemForex 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 GemForex?

GemForex is a Forex company with a lot of bonuses such as an account opening bonus of 10,000 yen or more, a 100% deposit bonus, and a 1000% deposit jackpot. The company is based in New Zealand, but its users are mostly Japanese.

GemForex

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 GemForex

ItemExnessGemForex
CompanyNymstar LimitedLindholm Capital Ltd
Established20082014
HeadquarterSeychellesMauritius
LicenseFSA, CySEC, FCAFSC
Trade MethodSTP/ECNDD
Account TypeStandard
Raw Spread
Zero
Pro
All In One
Zero
Raw Spread
Leverage 5000
Max Leverage20005000
Trade InstrumentsForex pair
Metal
Energy
Stock
Stock Index
Cryptocurrency
Forex pair
Metal
Energy
Stock Index
Cryptocurrency
Trade FeeFreeFree
Average Spread0.0pips
(Raw Spread Account)
0.0pips
(Zero Account)
Min Lot0.010.01
Max Lot20050
Max PositionUnlimited200
Stop Level0pips2.0pips
Scalping
Auto Trading
Hedge
Margin Call60%50%
Loss Cut0%20%
Trade ToolMT4
MT5
MT4
MT5
Account CurrencyJPY
USD
EUR
JPY
USD
Min Deposit$10~5000~
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. GemForex is also highly leveraged and can be traded at 5000 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. GemForex has account opening bonuses, deposit bonuses, and jackpots, so it is very fulfilling, but the spread is very wide.

average spread

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

ExnessGemForex
USD/JPY1.1pips1.5pips
EUR/JPY1.9pips2.4pips
CAD/JPY2.4pips3.9pips
AUD/JPY1.3pips2.8pips
GBP/JPY2.0pips3.4pips
EUR/USD1.opips1.5pips

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. Some users are dissatisfied because GemForex has a very small number of trading instruments overall.

ExnessGemForex
Forex12756
Metal113
Energy22
Commodity××
Stock31×
Stock Index1310
Crypto729

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.

コメント

タイトルとURLをコピーしました