I’ve been trading with Exness for a few months now, and I’m noticing something that’s been bugging me. When major economic news drops, the spreads blow out pretty hard. I understand that’s normal for most brokers, but I’m trying to figure out if the GlobeGain rebates I’m getting actually make a real difference when that happens.
Like, if I’m scalping EUR/USD and the spread goes from 0.8 pips to 2+ pips during a news release, the rebate I get back feels pretty small in comparison. I’m wondering if other traders here have tracked this and whether Exness is actually worth sticking with during volatile times, or if there’s a better broker for news trading that I should be testing instead.
Also curious whether you factor rebates into your decision when comparing brokers, or if execution quality during news events matters way more to you. What’s your actual experience been?
NEWS spreads blow out on all brokers. Rebates matter less during volatility.
Stay out of news trades. Rebates don’t offset the real cost.
News trading with rebates needs a different approach. During major releases, spreads typically widen 2 to 5 pips depending on the event size and broker. Your rebate might be 0.3 to 0.8 pips back, which helps but doesn’t solve the core problem.
What actually matters is execution consistency. Some brokers hold spreads tighter than others during news. Test Exness with small positions during the next FOMC or NFP release and compare slippage against one other broker you trust. Track real entry and exit prices, not just quoted spreads.
If you’re consistently getting slipped 1 to 2 pips worse than your entry point, that’s your answer to move. Rebates are secondary to execution.
I tested news trading on Exness for a couple of months and found the spreads during volatility were rough. The rebates helped a bit, sure, but not enough to make it worth my time.
I ended up focusing on trading news on brokers with tighter base spreads, like FP Markets or IC Markets. The combination of lower spreads plus rebates makes a bigger difference than chasing rebates on a broker that widens too much anyway.
Maybe try a few small test trades during the next news event and see how the actual execution feels for your style.
I traded Exness news events for a while. Spreads were all over the place during volatility.
Here’s what I found: the rebate I got back was maybe 20 to 30% of the extra spread cost during news. If I made 10 pips profit on a trade, the rebate covered like 2 to 3 of those pips. Better than nothing, but not a real solution.
I switched to only trading news on specific brokers that I tested separately for execution quality. Paired those with GlobeGain rebates. That combo worked way better than just relying on Exness and hoping rebates would save me.