Exness Trading Costs

Exness Trading Costs

At Exness, we keep spreads—the trading costs in FX trading—as low as 0 pips, creating an environment where everyone from beginners to advanced traders can trade comfortably.Of the five account types offered by Exness, the “Low Spread Account,” which features ultra-low spreads, and the “Zero Account,” which features zero spreads, incur an additional trading commission on top of the spread.When trading with a Low Spread or Zero Account, you need to add the trading commission to the spread to calculate the total trading cost.

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About Exness Trading Costs

The trading costs associated with trading on Exness are the “spread” and “transaction fees.” However, with Standard, Standard Cent, and Pro accounts, transaction fees are waived, allowing you to trade with only the spread as your trading cost.For Low Spread accounts, an external trading commission of up to 3.5 USD (equivalent) applies, and for Zero accounts, a minimum of 0.05 USD (equivalent) applies; therefore, you must calculate your total trading costs by adding the spread and the trading commission together. Please note that spreads are subject to change, so be sure to check the latest figures before trading.

Exness Trading Costs by Account Type

Spread on Transaction Costs

A spread is the price difference between the bid and ask prices of a tradable instrument. With Exness’s “zero spread,” there is no difference between the bid and ask prices.Since the spread represents a trading cost, the smaller it is, the more advantageous it is for traders.

Spread Units: “Pips” and “Points”

Generally, spreads for all currency pairs traded in FX are expressed in a unit called “pips.”Since FX trading involves currencies from various countries—such as the USD (U.S. dollar), EUR (euro), and GBP (British pound)—expressing spreads as “the USD/JPY spread is 0.01 sen” or “the EUR/USD spread is 0.01 cent” results in different units, making it difficult to compare actual spread widths.Therefore, by standardizing the unit to “pips” and stating that “the USD/JPY spread is 1 pip” or “the EUR/USD spread is 1 pip,” it becomes easy to compare them.

A pip is the digit immediately to the left of the smallest price digit. For example, in the price 100.123 yen, the pip is the “2.”The value of the least significant digit—which is one-tenth of a pip—is expressed in a unit called a “point.” While the unit used varies by broker, Exness’s MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms display spreads in points.

How to Calculate Transaction Costs

Transaction costs are calculated by adding the transaction fee to the spread. However, since the spread is measured in pips and the transaction fee is measured in currencies such as yen, dollars, or euros, it is necessary to convert pips into the relevant currency to standardize the units.

How to Convert 1 pip to Currency

The value of 1 pip is calculated in the currency on the right side of the currency pair, known as the “settlement currency.” For example, in the case of USD/JPY (U.S. dollar/Japanese yen), the Japanese yen, which appears on the right side, is the settlement currency.

For cross-yen currency pairs where the yen is the settlement currency, such as USD/JPY (U.S. dollar/Japanese yen) and EUR/JPY (euro/Japanese yen), 1 pip = 0.01 yen (1 sen);For dollar-straight currency pairs where the US dollar is the settlement currency—such as EUR/USD (Euro/US Dollar) and GBP/USD (British Pound/US Dollar)—1 pip equals 0.01 cents (0.0001 dollars).

In addition, the spread based on trading volume can be calculated as “spread × trading volume.”

For example, if the spread on USD/JPY (U.S. dollar/Japanese yen) is 1 pip (0.01 yen), the spread cost for a 1-lot (100,000 units) trade would be 1,000 yen.

When the spread is 1 pip (0.01 yen)

Method for Converting Transaction Fees into Other Currencies

All trading fees at Exness are set in USD (U.S. dollars).The actual trading fees you pay are calculated by converting the amount to your trading account’s base currency at the prevailing exchange rate at the time you open a new position. For example, if a trading account with a base currency of JPY (Japanese yen) incurs a round-trip trading fee of 7 USD, it will be converted to yen as shown below and deducted from your account.

If the spot rate for USD/JPY is “130 yen per U.S. dollar” while you hold a position

Comparison of Trading Costs by Account Type

Exness offers five types of accounts: Standard and Standard Cent accounts, which allow you to experience spreads below industry standards even with small amounts; and Low Spread, Zero, and Pro accounts, which offer ultra-low spreads starting at 0 pips, enabling you to trade at low cost.While the Low Spread and Zero accounts incur transaction fees in addition to spreads, the spreads are kept as low as possible, allowing you to trade at a low overall cost.

The following are examples of trading costs incurred when trading 1 lot (100,000 units) on Exness’s Standard, Low Spread, Zero, and Pro accounts. The average spread and round-trip commission are converted to yen.

Exness FX: List of Trading Costs by Account Type for Major Currency Pairs

List of Trading Costs for Exness FX Standard Accounts for Major Currency Pairs

List of Trading Costs for Exness FX Low-Spread Accounts for Major Currency Pairs

List of Trading Costs for Exness FX Zero Accounts on Major Currency Pairs

List of Trading Costs for Exness FX Major Currency Pairs (Pro Account)

Exness Trading Fees Overview

The trading fees per 1 lot (= 100,000 units of currency) for Exness’s “Low Spread Account” and “Zero Account” are as follows:

List of Trading Fees for Exness FX Currency Pairs

List of Exness FX Trading Commissions (One-Way) for Major Currency Pairs

List of Exness FX Trading Commissions (One-Way) for Minor Currency Pairs

List of Exness FX Trading Commissions (One-Way) for Exotic Currency Pairs

Exness Precious Metals CFD Trading Fees List

Exness Precious Metals CFD Trading Fees (One-Way) List

Exness Energy CFD Trading Fees List

Exness Energy CFD Trading Fees (One-Way) List

Exness Stock CFD Trading Fees List

List of Exness Stock CFD Trading Fees (One-Way)

Exness Stock Index CFD Trading Fees List

List of Exness Stock Index CFD Trading Fees (One-Way)

Exness Cryptocurrency CFD Trading Fees List

Exness Cryptocurrency CFD Trading Fees (One-Way) List

How to Pay Exness Trading Fees

Exness charges round-trip trading fees when a new position is opened; these fees are deducted from your trading account when the position is closed.For example, when trading an instrument with a one-way fee of 3.5 USD, a round-trip fee of 7 USD (equivalent) is charged at the “USD/account currency” rate at the time the new order is placed.

You can view the trading commissions you have paid in the "Account History" tab within the MT4/MT5 terminal of your trading account.

(*)MetaTrader, MetaTrader 4, MetaTrader 5, MT4, and MT5 are trademarks or registered trademarks of MetaQuotes Ltd.

Frequently Asked Questions (FAQ) About Exness Trading Costs