Compare Exness Vs FirewoodFX: Which is the Better Forex Broker in 2024?
Exness Vs FirewoodFX, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Exness Vs FirewoodFX, here is the direct comparison:
Feature | Exness | FirewoodFX |
General Rating |
3.81/5 |
1.00/5 |
|
Score | 86 | 53 | |
Trustpilot |
4.5/5 5739 users |
3.6/5 1 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2008 | 2014 | |
💲 Min Deposit | $10 | $10 | |
⚖ Max Leverage | 1:2000 | 1:1000 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | $3.50 | ||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | WebMoney, Wire transfer, Skrill, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC) | Wire transfer, Credit/debit cards, UnionPay, Perfect Money, FasaPay, Tether (USDT), Stellar (XLM), Binance Coin (BNB) and Crypto | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese | English, Indonesian, Chinese |
🚪 Trade Now | Open Exness | Open FirewoodFX |
Testimonials
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Exness: need a little more improvement
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Exness: Recommended!
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Exness: Good but Customer Service is conserning
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Exness: Thrilled
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Exness: Dissapointing results
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Exness: need a little more improvement
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Exness: Recommended!
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Exness: Good but Customer Service is conserning
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Exness: Thrilled
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Exness: Dissapointing results
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FirewoodFX: Very good, but slippage can be better
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FirewoodFX: Best low spread broker
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FirewoodFX: Everything is top notch
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FirewoodFX: They frustate me!!
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FirewoodFX: Instant execution!
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Exness: need a little more improvement
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See More Exness Testimonials
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See More FirewoodFX Testimonials
News
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Exness Trading Volume Back on Track: Reaches $3.86 Trillion in March
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Exness Sees Trading Volumes Dip in February as Markets Remain Calm
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Exness Earns Accolades as a Top Workplace Worldwide in 2024
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Exness Achieves Record Monthly Volumes of $3.86 Trillion in January
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Damian Bunce Steps Down as Chief Customer Officer at Exness
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Exness Forex Broker Claims "Most Trusted" Title in MEA at iFX EXPO Dubai
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Exness Records $3.6 Trillion in December Trading Volume
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Exness Forex Broker Marks 15 Years with a Brand Revolution
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Exness Forex Broker Showcases B2B Expertise at iFX EXPO Dubai 2024
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Exness Reveals Remarkable 15th Anniversary Celebrations
Articles
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How to Protect Your Exness Account from Frauds
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Exclusive Interview with Damian Bunce on the Success and Vision of Exness
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FirewoodFX Mobile App for Trading on the Go
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Guide to FirewoodFX Deposit and Withdrawal
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How to Open Account in FirewoodFX
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Get 88% Deposit Bonus with FirewoodFX
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The Ultimate Guide to FirewoodFX $50 Welcome Bonus
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FirewoodFX Forexcopy: An Easy Way to Copy Successful Traders
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FirewoodFX Micro Account: A Low-Risk Way to Trade Forex
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Trade for Free with FirewoodFX $50 No Deposit Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Exness provides their pricing with Variable spread while FirewoodFX offers Fixed spread.
Exness vs FirewoodFX: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Exness enables trading with MetaTrader 4, MetaTrader 5, Social trading, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FirewoodFX provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is Exness or FirewoodFX better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Exness supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, Commodities, while FirewoodFX presents the ability of trading with Forex, Gold & silver.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Exness and FirewoodFX:
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For more comparisons, visit this page.