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

Exness has become a global Forex company and has users all over the world. For that reason, it is a very popular company, but GeneTrade 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.

[Exness: For Beginners] Reputation and reviews FX company overview, license, safety Advantages and disadvantages

Exness is one of the most popular Forex companies in the world. It is a company that is active not only in foreign exchange but also in virtual currency trading, and has a large number of users. I will introduce the safety and reliability of Exness as a company. Whether or not there is a financial license will be a concern for traders.

www.worldcryptoforextrader.com

2023.01.17

What is GeneTrade?

GeneTrade is a Forex company established in 2018 and will be an emerging Forex company. It is possible to trade with a maximum leverage of 1,000 times, and although there is only MT4 as a trading tool, many traders, mainly Japanese, are trading because the bonus is substantial.

GeneTrade

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.

[Exness: For Beginners] Reviews and Reputation of Forex Peace Army

Exness will be a Forex company with users all over the world. Therefore, it is used by many users, but how do users who actually use it evaluate it? And what is your opinion? I'm quoting from the FPA.

www.worldcryptoforextrader.com

2023.03.28

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

GeneTrade’s main users are Japanese, and there are also many French people. Other than that, South Africa, Turkey and Colombia tend to have the most users.

Source : TradersUnion

Exness VS GeneTrade

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. GeneTrade also has a fairly high leverage 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. GeneTrade is fulfilling because it has a deposit bonus and an account opening bonus.

average spread

I compared the standard account of Exness and the standard account of GeneTrade. Obviously, Exness has tight spreads, so if you want to trade short term, I recommend it. GeneTrade tends to have wide spreads because there are many bonuses overall.

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. Many users are dissatisfied because GeneTrade has too few handling numbers overall.

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.

[Exness: Recommended FX company] Free account opening method and procedure Latest

Exness is one of the most popular Forex brokers in the world. Many traders around the world have registered accounts and it is very popular. To start trading with this Forex company, you must first open an account. Let's take a look at how to open an account.

www.worldcryptoforextrader.com

2023.01.17