Is Exness a Market Maker or ECN Broker?
Exness uses both models. They offer market maker accounts for beginners and ECN accounts for pros. This helps traders choose what works best for their style. Your success often depends on picking the right account type for your trading needs.
Difference Between Market Maker and ECN Brokers
Market Makers create their own market. They take the other side of your trades. This means when you buy, they sell to you. They make money from spreads and sometimes when your trades lose. You get fixed spreads and guaranteed fills. The problem? They might not want you to win too much.
ECN brokers connect you straight to banks and other traders. They don’t trade against you. Instead, they charge a commission on each trade. You get tighter spreads that change with market conditions. Execution is usually faster. But those commissions add up fast if you trade a lot.
I’ve tried both types. Each has good points. Your trading style matters most when choosing.
Analysis of Exness Business Model
Here’s what I’ve seen from Exness:
| Account Type | Model | Spread | Fee | Speed | Min. Deposit |
| Standard | Market Maker | Fixed | None | Slower | $1 |
| Raw Spread | ECN | Variable | $3.5 per lot | Fast | $500 |
| Zero | Hybrid | Variable | None | Medium | $200 |
| Pro | ECN | Variable | $3.5 per lot | Fastest | $10,000 |
Smart setup. New traders like simple fixed spreads. They use the Standard account. Experienced traders want direct market access. They pick Raw Spread or Pro accounts.
Examination of Order Execution Conditions
I check these things when trading with Exness:
- Slippage: Usually less than 0.5 pips in normal markets
- Requotes: Not common except during big news
- Speed: Orders process in under 200ms
- Stop orders: Execute closely to requested prices
- Rejections: Few orders get rejected
- Swap rates: Better than most brokers
- Weekend gaps: Handled fairly
Their ECN accounts rarely give me problems. Market Maker accounts sometimes show odd price movements during volatile times. That’s normal for most market makers, though.
How Broker Type Affects Trading Conditions
Your broker choice hits your bottom line hard. I’ve seen this firsthand.
Exness market maker accounts give beginners what they need. Costs stay the same all day. You can plan your trades better. No surprises.
For news trading, their ECN accounts work best. When jobs reports come out, your stops won’t get hit unfairly. You’re trading with real market prices, not broker-made ones.
Fast traders should use ECN accounts. Yes, you pay commission. But the tight spreads save you money if you make lots of quick trades. And that 0.2 second faster execution? It matters when scalping.
Long-term traders might do fine with Standard accounts. If you hold trades for weeks, the fixed spread works out cheaper than paying commissions on each trade.
Trader Reviews on Order Execution Quality
I asked other traders about Exness. Here’s what they said:
“Been with their Raw Spread account since 2021. Execution works great even when markets go crazy. Had one bad day during a flash crash, but every broker struggled then.” – Tom F., day trader
“I used their Standard account for a year. Execution was okay until news events. Stops would slip badly. I switched to ECN and it’s much better.” – Lisa M., forex trader
“My trading robot needs reliable execution. Exness Pro account delivers most of the time. Sometimes there are delays during big market moves.” – John R., algo trader“Don’t believe the zero commission hype. The spreads get really wide during important news. I’d rather pay the commission and know my costs upfront.” – Karen T., swing trader
Frequently Asked Questions (FAQ)
Is Exness a Market Maker or an ECN broker?
Both. They run market maker Standard accounts and ECN-style Raw Spread and Pro accounts. Their Zero account sits somewhere in between. You can pick what works for your trading.
What is the difference between a Market Maker and an ECN broker?
Market Makers create their own prices and often trade against you. They give fixed spreads but might not want you to win too much. ECN brokers connect you directly to the real market with changing spreads and charge fees instead. They don’t care if you win or lose since they make money from your trading volume.
How does Exness execute client orders?
It depends on your account. Standard accounts often have Exness taking the other side of your trade. ECN accounts send orders straight to banks and other big players. When markets get busy, they process orders in the order they arrive.
Does Exness offer direct market access (DMA)?
Yes and no. Their Raw Spread and Pro accounts connect to their network of banks and big traders. It’s not pure DMA where you place orders directly on exchanges, but it’s close enough for most traders.
Are there any conflicts of interest with Exness as a broker?
On Market Maker accounts, yes. They might make money when you lose. But they want long-term customers more than quick profits. Their ECN accounts have much less conflict since they make money from fees whether you win or lose.
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