[Exness: For Beginners] Exness VS RoboForex 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 RoboForex 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 RoboForex?

RoboForex is a very reputable broker among the world’s Forex companies. It has received awards from various Forex brokers around the world and is highly rated. Our users are mainly from South America, Southeast Asia, and Central Asia.

RoboForex

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

RoboForex has a very large number of core users in South America. In addition, you can see that there are quite a lot of core users in Southeast Asia.

Source : TradersUnion

Exness VS RoboForex

ItemExnessRoboForex
CompanyNymstar LimitedRoboForex Ltd
Established20082009 
HeadquarterSeychellesBelize 
LicenseFSA, CySEC, FCAFSC 
Trade MethodSTP/ECNNDD STP
NDD ECN
Account TypeStandard
Raw Spread
Zero
Pro
Islamic
Pro
Pro Cent
ECN
Prime
Max Leverage20002000
Trade InstrumentsForex pair
Metal
Energy
Stock
Stock Index
Cryptocurrency
Forex pair
Metal
Energy
Stock
Indices
ETF
Trade FeeFreeFree
Average Spread0.0pips
(Raw Spread Account)
0.2pips~
(ECN Account)
Min Lot0.010.01
Max Lot200
Max PositionUnlimited
Stop Level0pips
Scalping
Auto Trading
Hedge
Margin Call60%40%
Loss Cut0%10%
Zero Cut
Copy Trading×
Demo Account
Social Trading×
VPS Hosting
Mobile Apps
Trade ToolMT4
MT5
MT4
MT5
Account CurrencyJPY
USD
EUR
USD, EUR, GOLD,
CNY, BTC, ETH, USDT
Min Deposit$10~$10~
Bonus×
Deposit/withdrawal methodBank Transfer
Credit/Debit Card
Online Wallet
Crypto
Skrill, Credit/debit cards,
Neteller, UnionPay, Western Union,
Perfect Money, Boleto Bancário,
Local bank transfer,
AdvCash , AstroPay

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. RoboForex is also highly leveraged and can be traded at 2000 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. RoboForex has a very rich bonus and is very popular.

average spread

I compared the standard account of Exness and the standard account of RoboForex. Obviously, Exness has tight spreads, so if you want to trade short term, I recommend it. RoboForex has a bonus, so the spread tends to be wide.

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

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. RoboForex has more stocks than Exness.

InstrumentsExnessRoboForex
Forex Currency pair
Stock
Metal
Crypto
Energy
Indices
ETFs×

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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