Exness vs WazirX
Exness Review 2023 | WazirX Review 2023 |
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4.2
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Not Yet Rated
WazirX is #31 in our crypto broker rankings. |
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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. |
WazirX is an Indian cryptocurrency exchange with several extra functionalities, including P2P trading, an NFT marketplace and Smart Token Funds. |
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." | |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, metals, cryptocurrencies, energies, indices, stocks | Crypto |
Demo Account | |
Yes | No |
Minimum Deposit | |
$10 | INR 100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | $14.50 |
Regulator | |
FSA, CySEC, FCA, FSCA, FSC, CBCS | |
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 | Yes |
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 | |
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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. | WazirX is a crypto exchange with a wide range of tokens available for purchase using INR, USDT, BTC or the native WRX token. |
Spread | |
Floating | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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