Exness vs Bamboo

Exness vs Bamboo Comparison Table 2023
Exness Bamboo
4.2
2.6
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker is a respected global brand. Traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

Bamboo offers trading on US and Nigerian stocks and ETFs with fractional investing and a beginner-friendly mobile app. The firm is NG and US SEC regulated and US stocks are insured through the SIPC. You can open a Bamboo account in three straightforward steps.

Comment by Reviewer
"Exness is an accessible broker for all experience levels, though beginners will appreciate the low entry requirements, social trading and round-the-clock support." "Traders in Nigeria and Ghana looking for a quick and straightforward way to access the US stock market should consider Invest Bamboo. The app is easy-to-use with a modern design that will appeal to new investors."
Pros
  • Accessible for beginners with low minimum deposits from $10 and flexible payment methods
  • Social trading features plus comprehensive education covering a good selection of topics and markets
  • A range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions
  • Top-tier licensing with the FCA and CySEC and strong reputation with over 10 years in business
  • First brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Highly competitive spreads from 0.1 pips and low commissions from $3.50 per side
  • 24/7 multilingual customer support via telephone and email
  • Local payments plus deposits in BTC and USDT
  • Easy-to-use, streamlined mobile and laptop apps make investing straightforward
  • Hassle-free access to US stocks and ETFs for regional investors
  • Earn up to 8% with the fixed return scheme
  • US insurance protection
  • Low minimum deposit
  • Simple to sign up
Cons
  • No live chat support
  • No bonus deals or promotions
  • Country restrictions including the USA
  • Only supported in certain areas – investors outside Nigeria and Ghana may not be able to sign up
  • More experienced users may find the app is simplistic and lacks advanced analysis tools
  • 1.5% commission on buying and selling US stocks can add up if you trade large amounts
  • Fixed returns only available to Nigerian customers
  • High withdrawal fees to foreign accounts
  • Limited customer support options
  • Narrow range of investments
  • No MT4 integration
  • No demo account
Awards
  • Most People-Centric Broker at Traders Summit 2022
  • Global Broker of the Year at Traders Summit 2022
  • Best Customer Support Award at Financial Markets Expo Cairo 2021
  • Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
  • Most Innovative Broker at Dubai Expo 2021
Instruments
Forex, metals, cryptocurrencies, energies, indices, stocks Stocks, ETFs, Fixed Returns
Demo Account
Yes No
Minimum Deposit
$10 $10
Trading Platforms
  • MT4
  • MT5
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
Variable $1
Regulator
FSA, CySEC, FCA, FSCA, FSC, CBCS SEC & FINRA via US partner brokers
Margin Trading
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes (iOS & Android) iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • DKK
  • CHF
  • HKD
  • SGD
  • AED
  • SAR
  • HUF
  • NGN
  • THB
  • VND
  • UAH
  • USD
  • NGN
Stock Exchanges
Commodities
CFD Trading
Access up to 1:200 leverage on CFDs with fast platform execution. It is easy for new traders to get started with a low deposit of $10, plus helpful education guides via the Exness Academy. CFD trading not offered
Leverage
1:2000
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
Forex Trading
An impressive range of around 100 forex pairs are available with tight spreads from 0.1 pips. Choose between the advanced MT4 and MT5 platforms to access a suite of forex analysis tools. Forex trading not offered
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
97
Cryptocurrency
With over 30 cryptos on offer, traders have plenty of opportunities to access the digital asset market via desktop or mobile apps. Crypto deposits are also available making funding and trading seamless. Crypto trading not offered
Spread
Floating
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • SOL
  • SNX
  • UNI
  • BAT
  • DOT
  • XTZ
  • ADA
  • BNB
  • ENJ
  • FIL
  • DOGE
  • COMP
  • THETA
  • AAVE
  • LINK
  • IOST
  • CAKE
  • MATIC
  • HT
  • MANA
  • HBAR
  • INCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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