Exness and FXOpen, which is the best scalping broker？The two brokers are often compared to each other to see which one offers a better trading environment。Here's a detailed comparison of Exness and FXOpen to help you decide which one is better for your scalping strategy。

Exness

Minimum initial deposit	$10 for standard account $200 for professional accounts
Maximum Leverage	Unlimited
Spread	Standard account from 0.From 3 o'clock Professional accounts from 0.From 0 o'clock
Commission	Standard account without commission Professional accounts up to 3 per hand per side.50美元
Execution speed	Less than 1 second
Trading platform	MetaTrader4, MetaTrader5, Exness Trade App, Exness Terminal, MetaTrader Network Terminal, MetaTrader Mobile Edition
Available tools	More than 100 foreign exchange currency pairs, more than 30 cryptocurrency CFDs, precious metals CFDs, energy CFDs, equity CFDs, index CFDs

Scalping traders are advised to open a professional raw spread account at Exness with a raw spread of 0.0 points, up to 3 commission per hand per side.$50, initial deposit $200。

In terms of maximum leverage and market range, Exness is in the dust in the industry, and you can apply for the highest possible leverage according to your affordability。If you want to automate scalping strategies for more trading instruments at the same time, then Exness will be the best choice。

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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.。

FXOpen

Minimum initial deposit	Micro Account $1 STP Account $10 ECN Account $100
Maximum Leverage	Up to 1: 500
Spread	Floating spread from 0
Commission	No commission for micro accounts STP account without commission ECN account 1 per hand per side.From $5
Execution speed	Less than 1 second
Trading platform	MetaTrader4, MetaTrader5, TickTrader, TickTrader Network Edition, Metatrader Network Terminal
Available tools	More than 50 foreign exchange currency pairs, more than 30 cryptocurrency CFDs, precious metals CFDs, energy CFDs, equity CFDs, index CFDs

FXOpen's ECN account may be beneficial for scalping traders due to competitors in terms of costs。

You can deposit $100 and choose to use TickTrader or Metatrader5 (both offer Depth of Market features)。

ECN account offers 0.The original spread from 0 points, the commission is 1 per hand per side.$50 (lowest in the industry)。

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FXOpen has been operating as an online trading provider for retail customers since 2005.。The company was founded by a group of traders with a mission to provide services in the interests of traders.。FXOpen claims to be one of the first companies to offer ECN deals through MetaTrader4 (MT4)。With unique proprietary price aggregation technology, customers can benefit from the industry's most competitive spreads (from 0 points) and low trading commissions。

In 2006, FXOpen also became the first broker to offer micro and swap-free accounts.。Since then, they have gone on to become pioneers in a number of high-tech services, including the first crypto account that can offer trading facilities for 24 cryptocurrency pairs such as Bitcoin, Litecoin and Ethereum.。

In addition, the company also provides one-click trading and secondary MT4 plug-ins, allowing traders to trade with just a click of the mouse。Traders don't need to worry about trading security at FXOpen。They are registered with Nevis, FCA UK and ASIC Australia。

Provide STP, Micro, ECN and other trading accounts, as well as free unlimited demo accounts。Minimum deposit per account depends on account type; $1 for micro accounts, $10 for STP and cryptocurrency accounts, and $100 for ECN accounts。FXOpen also offers leverage up to 1: 3 (for cryptocurrency accounts) and up to 1: 500 (for micro, STP and ECN accounts)。

In addition, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems.。Both services allow anyone to copy the trades of an experienced trader。Thus, a trader can replicate the results of a professional trader's strategy。

The FXOpenPAMM service allows transactions to be copied from the main account to one or more follower accounts and automatically distributes profits and losses。A professional trader operates personal funds through a PAMM account, his trading strategy is copied into the funds of his followers。The owner of the follower account can view and analyze the performance of the PAMM account with the help of advanced analytics。FXOpen has 3 PAMM accounts, STP, ECN and CryptoPAMM。

On ECN accounts, traders will receive direct quotes from leading liquidity providers including Dresdner Bank, SGParis, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Royal Bank of Scotland, Citibank and UBS。

After seeing the various advantages offered by FXOpen, traders can easily register an account by simply filling out the form in the registration menu of the FXOpen website。Traders will be required to verify documents in advance if they want to deposit or withdraw funds。According to the trader's experience and information, since the establishment of FXOpen, customers have not had any major complaints about payments (deposits or withdrawals)。

After registering with FXOpen, traders also have the opportunity to receive other benefits, such as the FXOpen cash return program within the first 90 days after new customer registration。Cash back minimum $5, maximum $1,000。

In addition, ECN, STP and crypto account holders can also use free VPS。Traders who can maintain a net worth of $5,000 at the end of the month or reach a monthly trading volume of $10,000,000 can use FXOpenVPS1 free of charge for 1 month。The advantages of VPS on FXOpen are excellent accessibility, flexibility and speed。

Trading on FXOpen becomes easier because traders can increase their insight into trading by participating in competitions。FXOpen Broker via ForexCup.com website offers weekly and monthly trading competitions on demo accounts, traders can participate in free competitions to hone their skills。If you want a bigger challenge, there are trading competitions on real accounts。

The company also offers a forex partnership program to traders, forex brokers and website owners who post fiat and cryptocurrency payments.。There are 3 types of partner levels, including using referral (affiliate) links, Forex rebates, and personal partner conditions to attract new customers to FXOpen's Forex IB (Forex Agent)。

All in all, FXOpen is a comprehensive forex brokerage firm for traders who want to try a variety of trading tools, the trading environment for ECN accounts, low minimum deposits, the best cryptocurrency trading conditions, and interesting trading features such as PAMM and mock competitions.。

The best brokers for Scalping

For traders who choose to use scalping as their primary strategy, or even as a secondary strategy, scalping can be quite profitable。The key to turning small profits into big gains is proven trading strategies, discipline and a favorable trading environment.。

Brokers best suited for scalping should meet the following requirements: fast execution, maximum leverage, low transaction costs, convenient trading platforms, and should allow traders to enter and exit any position without requiring a minimum holding period。