I’m planning to open an account with Exness and I’ve been doing some research on how they handle spreads during major news events. I know volatility spikes are inevitable, but I want to understand what I’m actually walking into before I fund the account.
From what I’ve read, some brokers widen their spreads dramatically when the economic calendar heats up, and I’m trying to figure out if Exness is one of them. I also want to understand how to factor in GlobeGain rebates when evaluating whether the actual cost of trading there makes sense for my strategy.
Has anyone here traded through Exness during news releases? What actually happens to the spreads? And more importantly, does the rebate from GlobeGain offset the wider spreads enough to make it still worthwhile, or should I be looking at other options?
Spreads widen a lot during news. Rebate helps but not enough.
Exness does widen spreads on major news, typically 2-3 pips on EUR/USD during high impact releases. Nothing unusual compared to other brokers at their tier.
What matters more is slippage. I’ve noticed Exness handles order flow reasonably well even during volatility spikes. The rebate from GlobeGain typically covers 10-15% of your spread cost depending on your account type and trading volume.
If you’re day trading or scalping during news, expect wider costs. If you’re positioning ahead of events and holding through them, it’s manageable. Test with micro lots first.
I’ve been using Exness for about eight months now and I do trade around news events sometimes. The spreads definitely widen, but I’ve found it’s not as dramatic as some other brokers I’ve tried before.
The GlobeGain rebate does add up over time and helps offset some of the extra cost you pay during volatile periods. Just don’t expect it to completely eliminate the impact of wider spreads.
News events do cause spread widening on Exness. Rebate helps a bit but not game-changing.
Traded Exness during several Fed announcements. Spreads jumped from 0.7 pips to 2+ pips consistently on EUR/USD. The rebate helped soften it a little, but news trading there isn’t ideal if that’s your main strategy.
I adjusted my approach by avoiding the first 5 minutes after high-impact releases and trading only after the volatility settled a bit. That worked better for me than fighting the spread widening directly.