13 minute read
Exness vs Exness Go - What's the Difference?
Exness has long been recognized as a reliable and versatile forex broker, offering a wide range of trading tools and resources to meet the needs of both beginner and experienced traders. With its comprehensive platform, Exness provides a powerful trading experience, accessible across multiple devices and offering advanced charting, analytical tools, and access to various asset classes.
On the other hand, Exness Go is a simplified mobile trading app designed for traders who prefer a more streamlined and accessible experience. It focuses on delivering core trading features in a user-friendly format, optimized for quick trades and easy account management on the go. With Exness Go, traders can access the forex market via their mobile devices, making it an attractive option for those who want to trade anywhere and anytime with minimal setup.
What is Exness?
Exness is a global online forex and financial services broker, established in 2008, that provides a wide range of trading services to both retail and institutional traders. Known for its robust platform and customer-centric approach, Exness offers a comprehensive suite of tools designed to meet the needs of traders across different experience levels.
Key Features of Exness:
Multiple Platforms: Exness provides access to popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Exness WebTerminal. These platforms are known for their powerful charting tools, extensive technical indicators, and support for automated trading systems.
Account Types: Exness offers several account types, including Standard, Pro, Zero, and Raw Spread accounts, each designed to suit specific trading needs and levels of experience. Traders can choose accounts based on their preferred trading conditions, such as lower spreads or zero-commission accounts.
High Leverage: One of Exness' standout features is its high leverage, which allows traders to control larger positions with smaller initial deposits. This feature is particularly useful for forex traders, as it can amplify profits (though it also increases risk).
Global Reach: Exness operates in over 130 countries and provides services in multiple languages, catering to a global client base. The broker is regulated by several financial authorities around the world, which ensures a safe and secure trading environment.
What is Exness Go?
Exness Go is a simplified, mobile-first trading platform designed to make forex and CFD trading accessible and easy for beginners and traders who prefer a more streamlined, on-the-go experience. Unlike the more complex Exness platform, Exness Go focuses on delivering a user-friendly interface that allows traders to execute trades quickly, manage their accounts, and monitor market movements, all from the convenience of their mobile devices.
Key Features of Exness Go:
Mobile-Focused Platform: Exness Go is built specifically for mobile devices, offering a clean, intuitive design and easy navigation for traders who prefer trading on the go. The platform is available on both iOS and Android devices, making it accessible to a wide range of users.
Simplified Trading Interface: Exness Go simplifies the trading experience by offering just the essential features. Traders can easily open and close trades, view charts, and check their account balances and positions without the complexity of advanced charting tools and custom indicators.
Quick Trade Execution: The app is designed for fast and seamless trade execution, allowing users to place orders with just a few taps. This speed is particularly useful for those who need to act quickly on market movements and execute trades in real-time.
Basic Charting and Market Updates: While Exness Go doesn’t offer the same level of advanced charting tools as the desktop version, it does provide basic charts and real-time market updates to help traders make informed decisions. These charts can be zoomed and analyzed to spot trends and entry/exit points.
Account Management: Traders can manage their accounts directly from the app. Exness Go allows users to view account balances, make deposits or withdrawals, and access trading history—all from their mobile devices.
Start Trading: Open Exness Account or Visit Website
Key Differences Between Exness and Exness Go
Exness and Exness Go are both trading platforms offered by the same broker, but they cater to different types of traders, with significant differences in features, complexity, and functionality. Below, we break down the key differences between Exness and Exness Go to help you decide which platform suits your trading style and needs.
1. Platform Accessibility
Exness: Exness is a fully-featured trading platform that is available on multiple devices, including desktop (Windows & Mac), web, and mobile apps (iOS and Android). This broad accessibility makes it suitable for traders who prefer to work across various devices and need access to the full range of trading features.
Exness Go: Exness Go is a mobile-only platform, designed specifically for iOS and Android devices. Unlike Exness, which supports desktop and web trading, Exness Go is optimized for traders who prefer to trade on the go using their smartphones or tablets. There is no desktop or web version available for Exness Go.
2. Complexity and Features
Exness: Exness provides a comprehensive trading experience with advanced charting tools, market analysis, technical indicators, and a range of advanced order types. It supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Exness WebTerminal, offering a wide array of options for professional traders who require detailed analysis and sophisticated features.
Exness Go: Exness Go, by contrast, focuses on simplicity and ease of use. It provides a simplified trading experience with basic charting, real-time market updates, and core trading features. There are fewer technical tools available compared to Exness, making it ideal for beginner traders or those who prefer a more straightforward platform.
3. User Interface
Exness: The Exness platform is more feature-rich and may appear complex to beginner traders. It includes advanced charting options, custom indicators, automated trading (via Expert Advisors), and extensive order types, making it suited to advanced traders who want flexibility and control over their trading strategies.
Exness Go: Exness Go has a minimalistic design with an easy-to-navigate interface, offering quick access to core trading features. It’s user-friendly and designed for mobile use, ensuring that traders can execute trades quickly and manage their accounts on the go without the complexity found in Exness.
4. Trading Instruments
Exness: Exness offers a wide range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies. It supports a greater variety of financial markets, allowing traders to diversify their portfolios and explore multiple trading opportunities across asset classes.
Exness Go: Exness Go has a more limited selection of instruments, mainly focusing on forex trading, particularly major currency pairs. It may not provide access to the same variety of asset classes as Exness, making it less suitable for traders looking to explore commodities, stocks, or other markets.
5. Account Management
Exness: Exness allows for full account management across multiple devices (desktop, web, and mobile). Traders can manage their balances, withdrawals, deposits, and access detailed account reports, all within the platform. It also supports a broader range of account types, each with different spreads, leverage, and conditions.
Exness Go: Exness Go offers basic account management features, including balance tracking, deposits, withdrawals, and basic trade management. However, it doesn’t provide the same in-depth analysis or account customization options that Exness offers.
6. Target Audience
Exness: Exness caters to all levels of traders, from beginners to advanced professionals. Its full suite of tools and instruments makes it perfect for traders who want to conduct detailed analysis, trade a variety of asset classes, and employ advanced strategies. Exness is also suitable for institutional traders who need more complex trading options.
Exness Go: Exness Go is specifically aimed at beginner traders or those who prefer a simplified, mobile-only solution. It is ideal for those who want to trade quickly without needing advanced charting tools or extensive market analysis.
7. Customization and Advanced Tools
Exness: Exness offers highly customizable platforms, including MT4 and MT5, which allow traders to adjust their charts, indicators, and trading strategies. It also supports algorithmic trading, Expert Advisors (EAs), and advanced order types, giving traders the flexibility to tailor their trading experience to their preferences.
Exness Go: Exness Go is not customizable to the same extent as Exness. The app is designed with basic functionality and does not support Expert Advisors (EAs) or extensive chart customization.
Who Should Use Exness?
Exness is a comprehensive, feature-rich platform designed for experienced traders or those who require advanced tools and access to a wide variety of markets. It is ideal for traders who need the flexibility to tailor their trading experience, whether they are using desktop, web, or mobile platforms. Here are the types of traders who would benefit most from Exness:
Advanced Traders
Reason: Exness offers sophisticated trading tools such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Exness WebTerminal, which provide advanced charting, a wide range of indicators, and customization options. Experienced traders can take full advantage of these features for technical analysis, backtesting, and fine-tuning trading strategies.
Traders Who Use Automated Trading
Reason: Exness supports Expert Advisors (EAs), which allow traders to automate their strategies. This is ideal for those who want to leverage algorithmic trading and other automated systems to execute trades based on pre-set conditions.
Institutional and Professional Traders
Reason: Exness offers a vast array of assets, including forex, stocks, commodities, cryptocurrencies, and indices. Traders who require access to multiple asset classes for diversification or institutional-grade execution will find Exness a suitable choice.
Traders Who Need High Leverage
Reason: Exness offers high leverage options, making it suitable for traders looking to maximize their positions in the forex market. This flexibility in leverage is especially appealing to forex traders who rely on small market movements.
Start Trading: Open Exness Account or Visit Website
Who Should Use Exness Go?
Exness Go is designed for traders who prefer simplicity and mobility. It’s best suited for beginner traders or those looking for a simplified trading experience. Below are the types of traders who would benefit most from Exness Go:
Beginner Traders
Reason: Exness Go offers a user-friendly interface that is perfect for newcomers to the forex market. The platform is designed to be intuitive and easy to navigate, making it ideal for those who are just starting out in trading and need a simplified trading solution without the complexity of advanced tools.
Casual or Part-Time Traders
Reason: Exness Go is great for traders who do not require the advanced features of the full Exness platform. It offers a mobile-centric experience for those who only need to monitor their trades and execute simple orders while on the go.
Mobile-First Traders
Reason: For traders who prefer to manage their trades from their mobile devices, Exness Go offers a mobile-only solution. The app is optimized for mobile use, enabling traders to access and manage their accounts from anywhere with an internet connection.
Traders Who Need Quick and Easy Execution
Reason: Exness Go is designed for quick trade execution. It’s ideal for traders who need to make swift decisions and place trades quickly, without needing to navigate through a complex platform. The simplified design allows users to open and close trades with just a few taps.
Traders Who Only Trade Forex
Reason: Exness Go is focused on forex trading, making it best for traders who primarily trade currency pairs. If you're looking for a platform with broader asset class coverage, Exness would be a better choice, but Exness Go suits forex traders who want a straightforward approach.
Who Should Use Exness Go?
Start Trading: Open Exness Account or Visit Website
Which Platform is Better for You?
Choosing between Exness and Exness Go depends on your experience level, trading preferences, and the type of trading experience you’re seeking. If you’re a beginner or someone who prefers a simple and intuitive trading platform, Exness Go is the ideal choice. It provides an easy-to-use mobile interface, which is perfect for traders who want to execute trades quickly without dealing with complex tools. The app is designed for mobile use, allowing you to trade anywhere and anytime with just the essential features like basic charting, real-time market updates, and swift order execution.
If you're an experienced trader or someone who needs access to a full suite of trading tools, Exness is the platform you should choose. Exness offers access to powerful trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with advanced charting tools, custom indicators, and the ability to execute complex strategies like automated trading with Expert Advisors (EAs). Exness also supports a wider range of financial instruments including forex, commodities, stocks, and cryptocurrencies, making it the perfect option for traders who wish to diversify their portfolios and engage in more advanced trading strategies.
Conclusion
Both Exness and Exness Go offer valuable trading experiences, but they cater to different types of traders. Exness is the go-to platform for those who require a comprehensive and feature-rich trading experience, with access to a wide variety of financial instruments, advanced charting tools, and customizable options. It is ideal for experienced traders or those who need full control over their strategies, including automated trading and professional-grade analysis.
Exness Go is designed for traders seeking simplicity and mobility. It provides a streamlined, mobile-first solution that is perfect for beginners or casual traders who need a user-friendly platform for executing trades quickly and efficiently. With Exness Go, you can trade on the go, manage your positions from your phone, and execute basic orders without the complexity of advanced features.
FAQs
What is the main difference between Exness and Exness Go?
The primary difference is that Exness is a fully-featured trading platform available on desktop, web, and mobile, offering advanced tools, multiple asset classes, and high customization. Exness Go, however, is a simplified mobile-only app designed for quick, on-the-go trading with a focus on forex and basic trading features.
Who should use Exness?
Exness is best suited for experienced traders, professional traders, and those who need advanced charting tools, algorithmic trading capabilities, and a wide range of trading instruments. It’s ideal for traders who need a full-fledged trading platform with high flexibility.
Who is Exness Go designed for?
Exness Go is designed for beginner traders or casual traders who prefer a simple, mobile-first solution for executing trades quickly and managing positions on the go. It’s also ideal for traders who primarily focus on forex trading and don’t require complex tools.
Can I use Exness Go for advanced trading strategies?
No, Exness Go is a simplified platform and does not offer the advanced features that Exness provides, such as automated trading (Expert Advisors), complex charting tools, or the ability to trade a wide range of assets beyond forex.
Does Exness support mobile trading?
Yes, Exness supports mobile trading through its app, which is available for iOS and Android. While Exness offers advanced features on mobile, Exness Go is specifically optimized for mobile use with a focus on simplicity and ease of use.
What kind of trading instruments are available on Exness Go?
Exness Go focuses primarily on forex trading, offering a limited selection of major currency pairs. In contrast, Exness offers a broader range of trading instruments, including stocks, commodities, indices, and cryptocurrencies, alongside forex.
Can I manage my account on both Exness and Exness Go?
Yes, you can manage your account on both platforms. However, Exness offers full account management features across all devices (desktop, web, mobile), while Exness Go provides basic account management functions, such as balance tracking and simple trade management, through its mobile app.
