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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. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest 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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Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 800,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.