Cryptocurrency Trading Comparison: Exness vs Admiral Markets
In order to meet the needs of different types of traders, there are multi-asset brokers that offer multiple assets other than cryptocurrencies, and Exness and Admiral Markets are two of them.。
Cryptocurrencies have been sweeping the financial world for 12 years and have been a hot topic in various mass media。In addition to being an innovative payment method for the purchase of goods, cryptocurrencies can also be used as speculative or investment assets.。
In order to meet the needs of different types of traders, there are multi-asset brokers that offer multiple assets other than cryptocurrencies, and Exness and Admiral Markets are two of them.。
Exness Evaluation
Exness is a popular broker with over 270,000 clients worldwide.。In the first quarter of 2022, they processed a total of 8.Withdrawal of $700 million。Today, the broker operates in at least 130 countries around the world under the supervision of several top regulators.。In addition to forex trading, the broker also offers a variety of other trading tools such as stocks, commodities and cryptocurrencies.
Exness offers swap-free cryptocurrency trading for some of the most popular digital assets such as Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash。The broker offers floating spreads and you can check the latest updates on the trading platform。
Minimum trading volume from 0.01 lots to start with a maximum trading volume of 20 lots。All crypto assets can be traded on MT4 and MT5, but the following assets can only be traded on MT5: XRP / USD, AAVE / USD, LINK / USD, IOST / USD, DOGE / USD, COMP / USD, THETA / USD, CAKE / USD, MATIC / USD, HT / USD, MANAUSD, HBAR / USD, and 1INCH / USD。
You have 24 / 7 access to the market except during system maintenance, and a broker will contact you via email before maintenance, but some cryptocurrencies have trading breaks。Here is the full schedule:
BTC / AUD, BTC / JPY, BTC / CNH, BTC / THB, BTC / ZAR: Server time every Sunday from 21: 35 to 22: 05。
BTC / XAU, BTC / XAG: Server time every Sunday from 22: 35 to 23: 05。
BTC / KRW: Server time is Friday 22: 00 to Monday 00: 30。
In addition, Exness allows you to hedge cryptocurrency trades with 0% hedge margin.。Keep in mind that for BCH / USD, ETH / USD, XRP / USD, and LTC / USD, you cannot close a volume less than 0 by hedging or partially closing a position.1 lot (10 lots for XRP / USD)。
However, leverage can be used to amplify trades for greater profits。Exness allows the use of a fixed maximum leverage, but varies depending on the crypto asset。For example, Bitcoin and Ethereum have a fixed leverage of 1: 400, while other digital instruments such as Solana have a fixed leverage of 1: 20。In addition, the broker also allows customers to pay with cryptocurrency。
The choice of broker will change according to the needs of each trader. If you only need the basic platform and the best trading functions, then Exness is your best choice。
Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of its functions, which is very suitable for traders using scalping strategy (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。
Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection, but withdrawals may be limited depending on the payment method。
Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves the high stability of the company。
Exness supports deposits and withdrawals 24 hours a day, 7 days a week, but the company is not responsible for deposit and withdrawal problems due to payment system reasons.。
Exness does not charge traders any transaction fees, and certain payment methods may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。
Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。In addition, it is one of the most transparent brokers in the online trading industry, and traders can find all the company's information on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。
Exness offers a variety of trading platforms, including MetaTrader4, MetaTrader5, web and mobile platforms, and traders can access them anytime, anywhere。
Over the years, Exness has developed into a broker that attracts traders, complying with financial regulations such as FCA and CySEC, further strengthening traders "trust.。
Trading volume, one of the measures of client confidence, reached $348.4 billion in monthly trading volume for its clients as of December 2018, with more than 50,342 active traders worldwide.。
Traders also have the opportunity to earn extra income by becoming a partner through multiple programs offered by Exness。Through the Introducing Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。
In addition, you can get additional income from Exness Partners, and traders who register through the member link can get up to 25% spread commission per trade.。
Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with higher reliability and stability, and can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。
In summary, Exness is a trader's favorite broker for its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits, and is also known for its maximum support for new and old partners.。
Admiral Markets review
With over 20 years of industry experience, Admiral Markets offers a wide range of trading tools and favourable trading conditions。The broker offers Forex and CFDs for Stocks, Energy, Bonds, Indices, Metals, ETFs and Cryptocurrencies。In addition to this, the broker offers high-tech trading platforms including industry standards MetaTrader 4 and MetaTrader 5, as well as a proprietary plugin called MetaTrader Extreme Edition。
Admiral Markets has more than 20 crypto CFDs to choose from, including Bitcoin, Ethereum, Litecoin, Cardano, Multi-Coin and more。All of these crypto assets can be traded on MetaTrader 5, and most of them can also be traded on MetaTrader 4。This broker allows you to enter the market around the clock and trade with considerable leverage。
Admiral Markets' mobile app allows you to easily monitor the market anytime, anywhere, access various charts, manage your trades。In addition, the broker ensures low and stable spreads even when the market is highly volatile。
Which is the best broker for cryptocurrency trading?
First of all, it is important to note that both Exness and Admiral Markets only allow traders to trade with cryptocurrency CFDs, which means that you can trade cryptocurrencies without having ownership of the underlying assets, which is a great way to avoid the risks associated with buying and storing digital currencies in a cryptocurrency wallet.。
Exness | Admiral Markets | |
Time of Establishment | 2008 | 2001 |
Regulatory & Licensing | FCA, CySEC, FSCA, FSSA, CBCS, FSC | CySEC, FCA, ASIC, FSCS |
Spread | From 0 o'clock | Variable |
Leverage | Based on the underlying cryptocurrency |
The average trader can be up to 1: 2 Professional traders up to 1: 20 |
Trading platform | MetaTrader 4, MetaTrader 5, Exness terminal, Exness network terminal, Exness mobile application | MetaTrader 4, MetaTrader 5 |
Mobile transactions | 有有 | 有有 |
Trading Account | Standard Account Professional Account Original Spread Account Zero Account |
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Trading time | 24/7 | 24/7 |
Optional Cryptocurrency |
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In summary, Exness and Admiral Markets have their pros and cons when it comes to cryptocurrency trading。Exness is a reliable all-round broker with a good track record, which further proves its safety and reliability。
Admiral Markets, on the other hand, is a reliable brokerage firm offering multiple tools and trading platforms.。The combination of high technology and excellent customer support makes it one of the most successful brokerage firms in the market today。
Conclusion
Cryptocurrency trading remains sought-after despite recent sluggish overall market performance。While the possibility of large-scale adoption of cryptocurrencies is still slim, digital assets have created a volatile trading market suitable for high-risk, high-return types of traders.。
Cryptocurrency CFDs trading in particular offers traders the opportunity to take advantage of volatile markets without having to take the risk of buying and holding assets。Markets open 24 / 7 with low transaction costs。With regulated brokers and proper risk management tools, cryptocurrency trading is definitely an insurmountable threshold。
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