Categories
Exness vs OQtima - Which Forex/CFD broker has better trading conditions?
Comparing the services of Exness and OQtima. Which Forex broker has a better condition for traders?
EXNESS supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, giving traders a wide range of tools and analytics.
OQtima, however, offers the popular MetaTrader 4 (MT4) platform, known for its user-friendly features.
For web trading, the Exness Terminal supports over 100 popular CFDs for those preferring browser-based trading, while OQtima’s web trader ensures deep liquidity with an ECN pricing environment.
Mobile trading is offered by both, with Exness boasting the Exness Trade trading app and OQtima offering access to over 1,000 assets.
Both platforms understand the importance of multi-device compatibility, including support for MAC PCs, iPads, iPhones, and Android devices.
Exness grants access to six financial markets, while OQtima offers seven, with an additional offering of ETFs.
Regarding costs, Exness offers a spread from 0.0 pips and promises unlimited leverage, while OQtima’s ECN+ environment ensures competitive quotes and a leverage of up to 1:500.
Both platforms prioritize trader protection and provide negative balance protection.
Exness stands out by offering swap-free accounts for all traders, while OQtima offers these only to Islamic traders.
Trading hours for both platforms run 24/5.
In monetary transactions, Exness covers third-party fees and provides diverse payment options, whereas OQtima emphasizes security by using segregated accounts with top-tier banks.
While Exness offers a free VPS and claims order executions under 25 milliseconds, OQtima promises ultra-fast order executions averaging under 30 milliseconds.
Conclusively, both Exness and OQtima have their unique strengths.
Exness shines in platform diversity and swap-free inclusivity, while OQtima boasts a range of financial markets and liquidity focus.
The choice between them depends on individual trader preferences.
Exness Trading Services Overview:
Regulatory compliance is paramount, and EXNESS stands out with its extensive licensing by numerous international bodies including the Seychelles Financial Services Authority, Central Bank of Curaçao and Sint Maarten, Financial Services Commissions of BVI and Mauritius, and others.
Exness further ensures traders’ financial security by offering a Compensation Fund, ensuring claims up to €20,000 per client.
They offer diverse account types, with Standard Accounts suitable for most and Professional Accounts tailored for advanced traders.
Transactions are smooth with Exness, offering flexible payment options in various currencies.
They minimize costs for traders by absorbing third-party transaction fees and eliminating many swap fees.
Traders have access to a plethora of trading opportunities, from forex to crypto.
The Exness Trade app, powered by MetaTrader, ensures mobile trading remains seamless.
The platforms offered are cutting-edge, and they also provide a free VPS for automated trading.
In summary, Exness is an industry leader with extensive regulatory oversight, diverse platforms, and a commitment to client satisfaction.
OQtima Trading Experience Overview:
OQtima differentiates itself in the trading realm with its core belief that every trader requires a unique set of tools to succeed.
They prioritize safety by complying with all relevant regulations, maintaining financial integrity, segregating client funds, and ensuring data privacy.
The quality of their service is a testament to their heavy investment in customer care, user experience, and trading tools.
Trust is central to OQtima, ensuring fairness, transparency, and responsible governance.
Their ECN+ trading environment offers rapid execution, deep liquidity, and competitive spreads, allowing traders a broad freedom in strategy.
They provide access to a comprehensive set of assets across different markets.
Their account opening process is user-friendly and swift.
The MetaTrader 4 platform OQtima offers is packed with features like ECN pricing and customizable options.
Compared to Exness, OQtima emphasizes personalization, safety, and a wide asset range.
In conclusion, OQtima stands as a beacon of innovation in the trading world, offering traders a wealth of opportunities.
Comparing Exness and OQtima: An In-depth Analysis of Trading Services
In the bustling world of online trading, the right broker can be a linchpin to success.
EXNESS and OQtima are among the popular choices for traders, each boasting a unique blend of services, tools, and features.
Let’s explore into the intricacies of what each platform offers to help potential investors make an informed choice.
| Service/Feature | Exness | OQtima |
|---|---|---|
| Trading Platforms | MT4 and MT5 | MT4 |
| Web Trader Details | Exness Terminal – Over 100 popular CFDs | ECN Pricing, superior connectivity, unrivalled spreads |
| Number of Markets Offered | 6 financial markets | 7 financial markets |
| Cryptocurrencies Details | Popular ones like BTCUSD, ETHUSD, LTCUSD | 45 Cryptocurrencies |
| Stock CFDs Details | International stocks with low transaction costs | 91 shares including Tesla, Netflix, Apple, etc., up to 1:500 leverage |
| Commodities | Available (e.g., XAGUSD, XAUUSD) | Unavailable for trading |
| ETFs | Unavailable | Available – 100 ETFs |
| Maximum Leverage | Unlimited | Up to 1:500 |
| Swap-Free Account for Everyone | Available | Unavailable |
| Trading Hours | 24 hours a day, 5 days a week | Trade 24/5 |
| Free VPS | Available | Not offered |
| Order Execution Policy | < 25ms on all platforms | < 30ms, Market execution with no requotes |
1. Trading Platforms
EXNESS takes the lead in platform diversity by supporting both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, offering traders a broader spectrum of tools and analytics. On the other hand, OQtima provides its clientele with the tried and tested MetaTrader 4 (MT4) platform, which remains a favorite for many due to its user-friendly interface and robust features.
2. Web Trader Capabilities
When it comes to web-based trading, Exness Terminal stands out with its ability to support trades for over 100 popular CFDs. It’s designed for those who prefer browser-based trading without downloading additional software. In contrast, OQtima’s web trader focuses on an ECN pricing environment, ensuring superior connectivity, deep liquidity, and some of the most competitive spreads in the industry.
3. Mobile Application
Mobile trading has become indispensable in today’s fast-paced world. Exness steps up to the challenge with its Exness Trade trading app, which draws its power from MetaTrader, ensuring a seamless experience. OQtima, not to be outdone, offers its users access to over 1,000 assets, making mobile trading flexible and comprehensive.
4. Device Compatibility
Both Exness and OQtima understand the importance of multi-device compatibility. They extend their trading services across various devices, including MAC PCs, iPads, iPhones, Android smartphones, and Android tablets, ensuring that traders have the flexibility to trade from almost anywhere.
5. Markets on Offer
Exness provides traders access to six distinct financial markets. OQtima, edging slightly ahead, offers seven. While both platforms support trading in Forex, Cryptocurrencies, Stock CFDs, Equity Indices, Precious Metals, and Energies, OQtima further extends its offerings with ETFs.
6. Costs, Spreads, and Leverage
Exness boasts a spread that starts from a competitive 0.0 pips, making it attractive for those looking to minimize trading costs. Their trump card, however, is the promise of unlimited maximum leverage, providing traders with vast opportunities. OQtima counters with its ECN+ environment, aggregating pricing from multiple top-tier providers, resulting in deeply competitive quotes and low spreads. When it comes to leverage, OQtima offers up to 1:500, which is significant, albeit not unlimited.
7. Protection and Trading Policies
Both platforms are keen on ensuring trader protection. They offer negative balance protection, ensuring that traders don’t lose more than they’ve invested. While Exness is transparent with a margin call level at 60% and a stop out level at 0%, OQtima hasn’t specified these levels on their website.
8. Swap-Free Accounts
Exness takes a more inclusive approach by offering swap-free accounts for both Islamic traders and the general trading populace. OQtima, however, restricts its swap-free accounts only to Islamic traders.
9. Trading Hours
Exness provides endless opportunities for its traders with a round-the-clock service five days a week. OQtima maintains a similar schedule, allowing trades 24 hours a day, five days a week.
10. Monetary Transactions
Exness stands out by covering third-party transaction fees, ensuring that traders don’t have to shoulder these additional costs. They offer a plethora of flexible payment options in various local currencies. OQtima prioritizes security by storing client money in segregated accounts with top-tier banks. While they don’t impose any charges for deposits or withdrawals, they do highlight potential external fees.
11. VPS and Order Execution
Exness offers its traders a free Virtual Private Server (VPS), ensuring faster and secure trading. This is complemented by their promise of order executions in under 25 milliseconds. OQtima, although not providing a free VPS, prides itself on ultra-fast and stable order execution, averaging less than 30 milliseconds.
Conclusion
Both EXNESS and OQtima are powerhouses in their own right. Exness shines with platform diversity, inclusive swap-free accounts, and unlimited leverage. OQtima, with a broader range of financial markets and a focus on deep liquidity, offers a different set of advantages. The choice between them boils down to individual trading needs and preferences. As always, traders should undertake further research and perhaps even test the platforms to ascertain which aligns best with their trading style.
What is Exness?
With an increasing number of online trading platforms emerging every day, regulatory compliance sets trustworthy platforms apart. EXNESS takes pride in being licensed and regulated by a myriad of leading international governing bodies. Here’s a quick rundown:
- Exness (SC) Ltd is licensed by the Seychelles Financial Services Authority (FSA), a beacon of financial integrity.
- Exness B.V. operates under the watchful eyes of the Central Bank of Curaçao and Sint Maarten.
- Exness (VG) Ltd and Exness (MU) Ltd are both endorsed by the Financial Services Commission (FSC) in BVI and Mauritius, respectively, reinforcing its commitment to global standards.
- Exness ZA (PTY) Ltd is authorized in South Africa by the Financial Sector Conduct Authority (FSCA), further highlighting its diversified regulatory adherence.
- Exness (Cy) Ltd and Exness (UK) Ltd are both operational in Europe, licensed by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.
- Tadenex Limited extends Exness’s foothold in Africa, authorized by the Capital Markets Authority (CMA) in Kenya.
Such expansive regulatory coverage ensures that traders’ financial security is unwaveringly upheld, regardless of where they trade from.
Compensation Fund: An Added Layer of Security
While strong regulation is crucial, Exness doesn’t stop there. As a member of the Financial Commission, an esteemed international body that resolves disputes in the financial services industry, Exness also offers a Compensation Fund. Acting as an insurance policy, this fund provides clients with added protection, ensuring claims up to €20,000 per client are honored, should a broker refuse to adhere to a judgment.
Diverse Account Types to Cater to Every Trader
Every trader is unique, and Exness acknowledges this by offering a broad array of account types:
- Standard Account
- A blend of feature-rich, commission-free accounts suitable for both novices and pros. The Standard Cent account is especially tailored for beginners, allowing them to start with micro lots.
- Professional Accounts:
- Tailored for the seasoned traders seeking advanced features, including low spread or even spread-free accounts and specialized execution methods. From the Raw Spread with its market execution to the Pro account’s instant execution, there’s something for every trading style.
| Account Type | Standard | Standard Cent | Raw Spread | Zero | Pro |
|---|---|---|---|---|---|
| Minimum deposit | Depends on payment system | Depends on payment system | $1,000 | $1,000 | $1,000 |
| Spread | From 0.3 pips | From 0.3 pips | From 0.0 pips | From 0.0 pips | From 0.1 pips |
| Commission | No commission | No commission | Up to $3.50 each side per lot | From $0.2 each side per lot | No commission |
| Maximum leverage | 1:Unlimited | 1:Unlimited | 1:Unlimited | 1:Unlimited | 1:Unlimited |
| Instruments | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals, cryptocurrencies, energies, stocks, indices |
| Minimum lot size | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum lot size | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) |
| Maximum number of positions | Unlimited | 1000 | Unlimited | Unlimited | Unlimited |
| Hedged margin | 0% | 0% | 0% | 0% | 0% |
| Margin call | 60% | 60% | 30% | 30% | 30% |
| Stop out | 0% | 0% | 0% | 0% | 0% |
| Order execution | Market | Market | Market | Market | Instant (forex, metals, energies, stocks, indices), market (cryptocurrencies) |
| Swap-free | Available | Available | Available | Available | Available |
| Sign Up | Open Standard Account | Open Standard Cent Account | Open Raw Spread Account | Open Zero Account | Open Pro Account |
Deposits and Withdrawals: Smooth and Swift
Nothing is more crucial for a trader than the fluidity of transactions. Exness offers flexible payment options in various local currencies, catering to diverse global payment systems and e-wallets. With “instant” as their benchmark, Exness ensures speedy transactions, although the actual reflection time in bank accounts might vary based on the bank or payment system in use. With 24/7 execution capability, traders can rest assured that their financial operations are always in safe hands.
Deposit funds to EXNESS
Reduced Fees: Maximize Your Profit Potential
Fees can eat into a trader’s profits. Recognizing this, Exness has sculpted a trading environment that minimizes costs for its clients. From absorbing third-party transaction fees to eliminating swap fees for a plethora of instruments, Exness ensures traders focus on trading and not on ancillary costs.
Diverse Trading Opportunities: Forex, Crypto, and More!
Whether you’re keen on diving into the vast forex market, exploring the dynamic crypto landscape, delving into the realm of commodities, or getting a slice of the stock and indices market, Exness has got you covered. With Exness, traders can exploit market opportunities with confidence, backed by unparalleled trading conditions.
Exness Trade App: Trading on the Go
Modern traders require modern solutions. The Exness Trade app, powered by MetaTrader, offers a seamless mobile trading experience. Whether depositing funds, viewing trade histories, or accessing live in-app support, everything is just a tap away.
Cutting-Edge Platforms for Every Trader
From the custom-built Exness Terminal with its state-of-the-art charting to the universally acclaimed MetaTrader 4 and 5 platforms, Exness ensures traders have access to the best tools in the industry.
Free VPS Hosting: Seamless Automated Trading
Automated trading requires a reliable environment. Exness’s free Virtual Private Server (VPS) ensures strategies run smoothly, free from personal internet connectivity issues. Positioned strategically near Exness MT servers, the VPS offers rapid and secure execution, enabling traders to focus on strategy optimization.
In conclusion, Exness, with its expansive regulatory oversight, diverse trading platforms, and commitment to client satisfaction, stands as a paragon in the trading services industry. Its numerous advantages position it as a top choice for traders, potentially outpacing competitors like OQtima. Embark on your trading journey with Exness, where every trade counts.
What is OQtima?
In the ever-evolving world of finance, the trading experience has become an integral component for both seasoned and novice traders alike. Among the plethora of trading platforms available, OQtima stands out, not as just another option, but as a trailblazer. Below we explore the distinctiveness of OQtima and how it surpasses its competitors, such as Exness, in multiple arenas.
Core Values and Mission
OQtima was birthed with a singular vision – to provide unparalleled, tailor-made trading experiences for traders at every stage of their journey. Harnessing over 30 years of industry expertise, the platform understands that a one-size-fits-all approach is outdated. They have built their system around the core belief that every trader is unique and requires a distinct set of tools and environment to succeed. This goes beyond mere mission statements and stands as the very essence of what sets OQtima apart.
Safety: A Cornerstone of OQtima’s Service
In the trading world, safety is paramount. OQtima prides itself on:
- Full Compliance: Abiding by all relevant laws and regulations to ensure the utmost protection for its clients.
- Financial Integrity: Meeting strict financial standards, including capital adequacy and audit requirements.
- Segregation of Funds: Client money is held in trust accounts with top-tier banks, distinctly separate from OQtima’s company funds.
- Data Privacy: Ensuring the transfer of sensitive client information is controlled and shared only when absolutely necessary.
The OQtima Quality Assurance
For OQtima, quality isn’t an afterthought; it’s an integral part of their service delivery. They have invested heavily in ensuring that every facet of their business, from customer care to user experience and trading tools, is top-notch.
Trust: Building Long-Term Relationships
Drawing from the experience of industry stalwarts who’ve been affiliated with some of the world’s major brokers, OQtima understands that in finance, trust isn’t given; it’s earned. This belief is woven into their DNA, leading them to prioritize fairness, transparency, and responsible governance.
Unparalleled Trading Environment: ECN+ Trading
OQtima isn’t just another trading platform; it’s a testament to what’s possible when technology meets expertise. The ECN+ trading environment offers:
- Rapid Execution: With average execution times less than 30 ms.
- Deep Liquidity: Ensuring smooth trades even during high volatility.
- Competitive Spreads: Starting from as low as 0.0 pips.
- Diverse Trading Strategies: Allowing traders the freedom to implement any strategy of their choice.
Take advantage of the ECN environment
Extensive Asset Offerings
Whether you’re into cryptocurrencies, indices, forex, metals, shares, energies, or ETFs, OQtima has got you covered. With over 1,000 assets available for trade on various devices, trading has never been this comprehensive and accessible.
User-Friendly Account Opening Process
OQtima simplifies the onboarding process with a state-of-the-art verification system. With first-in-class support, traders can embark on their OQtima journey in mere minutes.
| Account Type | OQtima ECN+ Account | OQtima ONE Account |
|---|---|---|
| Spreads | from 0.0 pips | from 1.0 pips |
| Commissions | $3.50 Per side traded | Free of commissions |
| Min. deposit | $20 | $20 |
| Max. leverage | 1:500 | 1:500 |
| Hedging Allowed | Yes | Yes |
| EA and Scalpers welcome | Yes | Yes |
| Base Currencies | USD, EUR, JPY, GBP, CAD, CHF, SGD, AED, ZAR | USD, EUR, JPY, GBP, CAD, CHF, SGD, AED, ZAR |
| Funding Fees | $0 | $0 |
| Withdrawal Fees | $0 | $0 |
| Markets | 7 | 7 |
| Total Symbols | 300+ | 300+ |
| Sign Up | Open OQtima ECN+ Account | Open OQtima ONE Account |
OQtima’s MetaTrader 4 Platform
Experience trading like never before with the OQtima MetaTrader 4 platform. Features include:
- ECN Pricing: Ensuring you get the most competitive rates.
- Low Latency and Deep Liquidity: For uninterrupted trading experiences.
- Customizable Options: From push notifications to chart customizations.
- Expert Advisors and Indicators: To keep you ahead of the curve.
Comparison with Exness
While Exness offers a range of services in the trading domain, OQtima’s focus on personalization, its commitment to safety, and its extensive asset offerings give it an edge. Additionally, with features like its ECN+ environment and the MetaTrader 4 platform, OQtima is clearly geared towards providing a next-level trading experience.
Conclusion
OQtima is not just a platform; it’s a commitment to traders worldwide. By consistently innovating and placing traders at the heart of every decision, OQtima is poised to redefine the trading experience. Whether you’re a seasoned trader or just starting out, OQtima beckons you to a world of endless possibilities.
FAQs to summarize the article
- What trading platforms do Exness and OQtima support?
- Exness supports both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. OQtima provides its clients with the MetaTrader 4 (MT4) platform.
- How do the web trader capabilities of Exness and OQtima compare?
- Exness Terminal supports trades for over 100 popular CFDs without needing additional software downloads. OQtima’s web trader emphasizes an ECN pricing environment, offering superior connectivity and competitive spreads.
- What mobile trading options do these platforms offer?
- Exness offers the Exness Trade trading app powered by MetaTrader, while OQtima’s mobile trading offers access to over 1,000 assets.
- Are both platforms compatible with various devices?
- Yes, both Exness and OQtima offer multi-device compatibility, including MAC PCs, iPads, iPhones, Android smartphones, and Android tablets.
- Which financial markets can traders access on Exness and OQtima?
- Exness provides access to six financial markets, while OQtima provides access to seven markets, including ETFs, which Exness doesn’t offer.
- What are the spread and leverage offerings of Exness and OQtima?
- Exness offers a spread from 0.0 pips and boasts unlimited maximum leverage. OQtima provides deeply competitive quotes and low spreads in its ECN+ environment and offers leverage up to 1:500.
- Do both platforms offer swap-free accounts?
- Exness offers swap-free accounts for both Islamic traders and the general trading populace. In contrast, OQtima limits its swap-free accounts to Islamic traders.
- What are the trading hours for Exness and OQtima?
- Both platforms allow trading 24 hours a day, five days a week.
- How do Exness and OQtima handle monetary transactions?
- Exness covers third-party transaction fees and provides various payment options. OQtima stores client money in segregated accounts with top-tier banks and doesn’t impose charges for deposits or withdrawals, though they do mention potential external fees.
- Do Exness and OQtima offer VPS and how do they execute orders?
- Exness provides a free Virtual Private Server (VPS) and promises order executions in under 25 milliseconds. OQtima, while not providing a free VPS, boasts ultra-fast order execution, averaging less than 30 milliseconds.
