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Exness Slashes Fees on Crude Oil and Bitcoin

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Written By
James Barra
Contributor Image
Written By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Updated
Jun 4, 2024

Exness has reduced its spreads on Crude Oil (USOIL) and Bitcoin (BTCUSD) and updated its trading commissions for these symbols.

Key Takeaways

  • For USOIL, the average spread in the Zero account is 0 with a commission from $6.25 to $17.50 per lot/side, while the Raw account features a typical spread of 1.4 with a $3.5 commission.
  • For BTCUSD, the average spread in the Zero account is 0 with a commission from $8 to $24 per lot/side, while the Raw account features a spread of 260.4 with a commission from $2 to $3.50 per lot/side.

Lowering its trading fees on two major crypto and energy markets will appeal to serious traders. The new trading fees took effect on 01.06.2024.

Clients of Exness can also access predominantly fixed margin requirements with leverage up to 1:200 on these symbols.

Exness charting platform showing USOIL
Exness Web Platform

About Exness

Exness is a growing broker with over 800,000 clients and authorization in various countries, including Cyprus, South Africa and Kenya.

Alongside commodities and cryptos, clients can trade forex, stocks and indices, while the choice of account types (Standard, Standard Cent, Pro, Zero, Raw Spread) caters to various types of traders.

Exness also distinguishes itself through its wide selection of over 40 account currencies and its $10 minimum deposit, making the broker accessible to traders worldwide.

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Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.