Compare forex brokers Exness VS Usgfx

If you're choosing between Exness and Usgfx 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 Usgfx? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

EXNESS VS USGFX

Exness
Exness Overview

Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

USGFX
USGFX Overview

USGFX offers trading on 62 tradable assets across Forex, Metals, Energies and Indices on the globally recognised MetaTrader 4 and 5 trading platforms for Desktop, Web and Mobile. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and offers free access to Trading Central and Featured Ideas services.

# Broker's Features EXNESS Availability USGFX 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 Usgfx.

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, Cryptocurrencycurrency, while Usgfx offers Forex, Metal, Indices, Bitcoin.

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

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 Usgfx has a Minimum Deposit Requirement of 100.

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 Usgfx regulated by ASIC, FCA. 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 USD, EUR, GBP, JPY different account currencies for each account types, while Usgfx offers USD, AUD, EUR, GBP account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Exness offers English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, Spanish, while Usgfx offers English, Chinese, Vietnamese, Indoneisan, Malay, A Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Exness offers Credit/Debit Cards, Local Transfer, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while Usgfx offers VISA, MasterCard, Bank Wire Transfer, Webmoney, Perfect payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Exness makes MT4, MT5, WebTrader available to clients, while Usgfx offers MT4, MT5, WebTrader.

The Verdict: Exness or Usgfx?

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. Exness has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. 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. As Exness offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades. As a market maker, Exness may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

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.

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