Both Exness and FXOpen are qualified to compete for the best broker for scalping. But if you could only choose one, here are some things to consider.

Exness or FXOpen, which one is the best broker for scalping? Both brokers are frequently compared with one another to see which one provides a superior trading environment. Here is a detailed comparison between Exness and FXOpen to help you determine which is better for your scalping strategy.

Best Broker for Scalping Exness or FXOpen



💰Minimum deposits $10 for Standard Accounts on most payment methods, or $200 for Professional Accounts
⚖Maximum leverage unlimited
🔢Spreads from 0.3 pips for Standard Accounts, or from 0.0 for Professional Accounts
💸Commissions no commission for Standard Accounts, or up to $3.50 each side per lot for Professional Account
⚡Execution speeds less than 1 second
💻Trading platforms MetaTrader4, MetaTrader5, Exness Trade app, Exness Terminal, MetaTrader WebTerminal, MetaTrader Mobile
 Instruments 100+ forex pairs, 30+ Cryptocurrency CFDs, Precious Metals CFDs, Energies CFDs, Share CFDs, and Index CFDs.

Scalpers are recommended to open a Professional Raw Spread account on Exness. Raw spreads of 0.0 pips are available, with commissions of up to $3.50 per side per lot. The minimum deposit of $200 is quite affordable, and you can apply for as much leverage as you can handle. 

Exness exceeds others in terms of maximum leverage and range of markets. If you are looking to automate your scalping strategy for more instruments at a time, then Exness will be your best bet.

🌐 Website
💼 Regulation
💲 Min Deposit
Year Established

Trading contests
Segregated accounts
Free education
Wire transfer

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.



💰Minimum deposits $1 on Micro account, $10 on STP account, and $100 on ECN account
⚖Maximum leverages up to 1:500
🔢Spreads floating from 0 pips
💸Commissions no commissions on Micro & STP, or starting from $1.5 each side per lot on ECN
⚡Execution speeds less than 1 second
💻Trading platforms MetaTrader4, MetaTrader5, TickTrader, TickTrader Web, Metatrader WebTerminal
 Instruments 50+ forex pairs, 30+ Cryptocurrency CFDs, Precious Metals CFDs, Energies CFDs, Share CFDs, and Index CFDs

Getting an ECN account on FXOpen may be beneficial for scalpers. You may start by depositing $100 and then choose to use TickTrader or Metatrader5 (both provide Depth of Market feature). The ECN account offers raw spreads starting at 0.0 pips with commissions starting at $1.50 per side per lot (it is one of the lowest in the industry!).

FXOpen outperforms competitors in terms of costs. FXOpen will be the best option if you are a first-time scalper or an experienced scalper who doesn't seek a highly diversified portfolio.

🌐 Website
💼 Regulation
💲 Min Deposit
Year Established

Trading contests
Segregated accounts
Wire transfer

FXOpen started its operation as an online trading provider for retail clients since 2005. The company was founded by a group of traders with a mission to provide services that refer to the interests of traders. FXOpen claimed to be one of the firsts to offer ECN trading via MetaTrader 4 (MT4). With FXOpen's unique proprietary price aggregating technology, their clients can benefit from the industry's most competitive spreads (from 0 pips) and low trading commissions.

In 2006, FXOpen also became the first broker to offer a micro account and a swap-free account. After that, they continue to be the pioneers of several new and high-tech services, including the first Crypto account that can provide trading facilities on 24 Cryptocurrency pairs such as Bitcoin, Litecoin, and Ethereum.

Furthermore, the company provides One Click Trading and Level 2 MT4 plug-ins, enabling traders to place trades with just one click of the mouse. Traders do not need to worry about trading security at FXOpen. They have registered in Nevis, the UK FCA, and ASIC Australia.

A variety of trading accounts are provided such as STP, Micro, ECN, and free unlimited demo accounts. The minimum deposit for each account depends on the account type; USD1 in Micro Account, USD10 in STP and Crypto Accounts, and USD100 in ECN Accounts. As for leverage, FXOpen offers up to 1:3 (for Crypto Accounts), and up to 1:500 (for Micro, STP, and ECN Accounts).

Besides, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. Both of these services allow anyone to copy the transactions of experienced traders. Thus, traders can replicate the results of professional traders' strategies.

The FXOpen PAMM Service allows copying trades from a Master account to one or more than one Follower account and automates the distribution of profits and losses. The Master operates personal capital through a PAMM account, and his trading strategy is replicated to the Follower's capital. The owner of the Follower account can view and analyze the performance of the PAMM account with the help of advanced analytics. There are 3 PAMM accounts in FXOpen, namely STP, ECN, and Crypto PAMM.

On ECN accounts, traders will get direct price quotes from leading liquidity providers, including Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JP Morgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, and UBS. This is one of the reasons why FXOpen's ECN account has become a trader favorite.

After seeing the various advantages offered by FXOpen, traders can easily register an account, simply by filling out the form in the registration menu on the FXOpen website. Traders will be asked to verify documents in advance if the trader will make a deposit or withdrawal of funds. Based on traders' experience and information since FXOpen was founded, there have not been any major complaints about payments (depositing or withdrawing funds) from clients.

Once registered with the FXOpen broker, traders also have the opportunity to get other benefits. One example is the FXOpen cashback program for the first 90 days from registration as a new client. The minimum cashback is USD5 and the maximum is USD1,000.

Furthermore, free VPS is available for ECN, STP, and Crypto account holders. Traders can use FXOpen VPS without any fees for 1 month if they can maintain equity of USD5,000 at the end of the month or trade with a trading volume of USD10,000,000 per month. The advantages of VPS on FXOpen are excellent accessibility, flexibility, and speed.

Trading on FXOpen is made easier because traders can add insight into trading by entering contests. FXOpen Broker offers weekly and monthly trading contests on demo accounts through the site. Traders can join competitions that are free of charge to hone their skills. If a trader wants a bigger challenge, there is also a trading contest on a real account.

The company also offers Forex partnership programs to traders, Forex brokers, and website owners who publish information about fiat and crypto-currency trading. There are 3 types of partnership levels, including Forex IB (Forex Agent) that attracts new clients to FXOpen using a referral (affiliate) link, Forex Rebate, and individual partnership conditions.

In Conclusion, FXOpen is a well-rounded forex brokerage for traders with a desire to try various trading instruments, a trading environment in ECN account, low minimum deposits, the best cryptocurrency trading condition, as well as interesting trading features like PAMM and demo contests.


The Best Broker for Scalping

Scalping may be quite lucrative for traders who choose to utilize it as their main approach or even as a supplementary tactic for other strategies. The keys to turning tiny profits into enormous gains are a tried-and-true trading strategy, discipline, and a supportive trading environment --as provided by your broker.

The best broker for scalping should satisfy a number of requirements: fast execution speed, sufficient maximum leverage, low trading costs, and a handy trading platform. It should also allow traders to enter and exit any position without requiring a minimum holding period.

So, Exness or FXOpen? In this regard, both Exness and FXOpen are qualified to compete for the best broker for scalping.

Some might argue that FXOpen is the best broker for scalping due to the low fees they charge. On the other hand, Exness may be a favorite for others due to the large number of markets it offers

What many traders might not realize is that every trader will have a different best pick, and that is all right. Therefore, choose whichever you are interested in. Give their demo account a try when you are in doubt.