Comparing spreads of XM and EXNESS, how many pips and...
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Account Number: (1685xxx)
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S Simon Black May 20 2021
Comparing spreads of XM and EXNESS, how many pips and how wide are the pips? Is there a commission too? How much is it per lot?
J Jonathan Keeling
May 21 2021
Simon Black: For slippage during extraordinary conditions such as news releases with high impact, you can directly contact brokers' customer support. From the info I got, at XM, there are 4 types of accounts, namely micro accounts, standard accounts, XM ultra-low accounts and share accounts. Micro, standard and XM ultra-low accounts have no transaction commissions. While the account at Exness has 3 types of accounts: mini accounts, classic accounts, and ECN accounts. Mini and classic accounts have no commission while ECN accounts have a commission of $2.5 per 1 lot (25 USD per 10 standard lots).