Exness processes over $800 billion in monthly trading volume and claims to offer the tightest spreads in the industry. We put those claims to the test by opening live Standard and Zero accounts, tracking spreads for 30 days, and comparing the data against their marketing numbers.
Exness Account Types for Spread Comparison
Exness offers five account types. The two most relevant for spread-conscious traders:
- Standard: No commission, spreads from 0.3 pips (average 0.6 on EUR/USD). No minimum deposit beyond $10.
- Zero: 0.0 pip spreads on top 30 instruments for 95% of the trading day. Commission of $3.50 per lot per side ($7 round-trip). Minimum deposit $200.
Exness also offers Raw Spread ($3.50/side, from 0.0 pips) and Pro (from 0.1 pips, no commission, instant execution). The Pro account is interesting for traders who want near-zero spreads without per-trade commission, but it requires $200 minimum deposit.
EUR/USD Spread Data — Standard Account
| Session | Average | Minimum | Maximum |
|---|---|---|---|
| Asian | 0.8 pips | 0.5 pips | 1.2 pips |
| London | 0.6 pips | 0.3 pips | 0.8 pips |
| New York | 0.6 pips | 0.4 pips | 0.9 pips |
| London-NY Overlap | 0.5 pips | 0.3 pips | 0.6 pips |
Exness's Standard account matched their advertised 0.6 pip average during London and New York sessions. During peak liquidity (London-NY overlap), we regularly saw 0.3-0.5 pips — impressive for an account with zero commission.
EUR/USD Spread Data — Zero Account
| Session | Average | Time at 0.0 | Max Observed |
|---|---|---|---|
| Asian | 0.1 pips | 78% | 0.4 pips |
| London | 0.0 pips | 96% | 0.2 pips |
| New York | 0.0 pips | 94% | 0.3 pips |
| London-NY Overlap | 0.0 pips | 98% | 0.1 pips |
The "95% of the time at 0.0 pips" claim is accurate. During London and New York sessions, the Zero account showed 0.0 pips on EUR/USD over 94% of the time. During the overlap period, it was 0.0 pips 98% of the time. The only consistent widening occurred during the Asian session rollover period (21:00-00:00 UTC).
Multi-Pair Spread Data
| Pair | Standard Avg | Zero Avg | Zero at 0.0 |
|---|---|---|---|
| EUR/USD | 0.6 pips | 0.0 pips | 95% |
| GBP/USD | 0.8 pips | 0.2 pips | 72% |
| USD/JPY | 0.7 pips | 0.1 pips | 88% |
| AUD/USD | 0.9 pips | 0.3 pips | 65% |
| EUR/GBP | 1.3 pips | 0.5 pips | 42% |
| USD/CAD | 1.1 pips | 0.4 pips | 55% |
The Zero account lives up to its name on EUR/USD and USD/JPY. On less liquid pairs like EUR/GBP and USD/CAD, the "zero" claim is less accurate — you will see small spreads most of the time, but not actual zero.
Withdrawal Speed Test
Exness markets "instant withdrawals." We tested this with five withdrawals over the month:
- Withdrawal 1: $500 via e-wallet — processed in 18 seconds
- Withdrawal 2: $1,200 via e-wallet — processed in 24 seconds
- Withdrawal 3: $300 via e-wallet — processed in 15 seconds
- Withdrawal 4: $800 via bank transfer — processed in 8 hours
- Withdrawal 5: $2,000 via e-wallet — processed in 22 seconds
E-wallet withdrawals were genuinely instant (15-24 seconds). Bank transfers were the exception, taking several hours. If fast withdrawals matter to you, use an e-wallet.
Exness vs XM: Head-to-Head
| Metric | Exness | XM |
|---|---|---|
| EUR/USD Standard | 0.6 pips | 0.8 pips |
| EUR/USD Zero | 0.0 pips | 0.1 pips |
| Commission (Zero) | $3.50/side | $3.50/side |
| Min Deposit | $10 | $5 |
| No-Deposit Bonus | None | $30 |
| Instruments | 200+ | 1,000+ |
| Withdrawal Speed | 22 seconds | 24 hours |
| Regulation | FCA, CySEC, FSA | CySEC, ASIC, IFSC |
Our Verdict
Exness delivers on its spread promises. The Standard account offers some of the tightest commission-free spreads we have measured, and the Zero account genuinely maintains 0.0 pips on major pairs during peak hours. The instant withdrawal system is a real differentiator that no other major broker matches.
The main limitation is instrument selection — 200+ instruments versus XM's 1,000+. If you only trade forex and majors, this does not matter. If you want stocks, exotic pairs, or commodities, XM offers more variety.
Try Exness Spreads Yourself
Open a Standard account with just $10 and test the spreads firsthand.
Open Exness AccountTrading forex and CFDs carries a high level of risk. 74-89% of retail investor accounts lose money when trading CFDs. This review contains affiliate links.