Compare forex brokers Exness VS Profitix

If you're choosing between Exness and Profitix forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Exness better than Profitix? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

EXNESS VS PROFITIX

Exness
Exness Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Exness broker review.

Exness was founded by a group of like-minded professionals in the area of finance and information technology in 2008. It soon became one of the world’s leading online forex brokers and became known for some of the industry’s best trading conditions, including the ability to trade with unlimited leverage. Exness’ mission is to deliver a reliable, trustworthy and customer-focused trading experience, in a transparent and secure environment.

ProfitiX
ProfitiX Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this ProfitiX broker review.

ProfitiX is a financial services and brokerage company providing top-quality trading conditions and services, with ultra-fast execution on the MetaTrader5 platform, fund security, and a wide-ranging choice of trading instruments.

They offer high quality brokerage services that go with the usage of their trading platform and instruments, paving the way for opportunities to benefit from market price movements and price differences, fully complemented with technical tools as well as assistance and customer support.

# Broker's Features EXNESS Availability PROFITIX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Exness vs Profitix.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Exness offers Online Financial Trading and Investment Services Such as CFDs on metals, cryptocurrencies, while Profitix offers Currency Trading, Commodities Trading, Shares Trad.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Exness is ECN, Market Maker, NDD, while Profitix is Broker.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Exness recommended minimum capital is 1, while Profitix has a Minimum Deposit Requirement of 250.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Exness is regulated by CySEC, FCA, while Profitix regulated by N/A. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Exness offers More than 80, including EUR, USD, GBP. Free metal- different account currencies for each account types, while Profitix offers USD, EUR, GBP account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Exness offers English, Chinese, Russian, French, Thai, Indonesia, while Profitix offers English, Deutsch Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Exness offers Bank cards, Neteller, Skrill, and other local and different payment methods for each account types, while Profitix offers MasterCard, Visa, Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Exness makes MetaTrader4, MetaTrader5 available to clients, while Profitix offers MetaTrader 5, MT5 for Android/iOS, MT5 WebTrader.

The Verdict: Exness or Profitix?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Exness is more reliable based on our criteria above. Only Exness offers demo account, allowing you to test their platform to see which is suitable for you. Exness has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Exness broker is regulated in more major hubs. Exness offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Exness has a wider range of languages in which customer service is offered making the broker more accessible.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.