Leading multi-asset broker Exness has implemented significant reductions in trading spreads for gold (XAUUSD) and oil (USOIL). The company announced a 20% decrease in gold spreads and a 68% cut in oil spreads, effective immediately.
These changes, calculated using standard account spreads from specific weeks in April and August 2024, aim to enhance Exness’ competitive position in the market. The broker, which has been operating for over a decade, attributes its ability to offer such competitive conditions to its advanced technological infrastructure and extensive market data analysis.
Exness’ Chief Trading Officer emphasized that these reductions align with the company’s goal of providing an optimal trading environment for its clients. The move is expected to benefit both new and experienced traders on the platform.
By lowering spreads on these popular commodities, Exness seeks to reinforce its commitment to transparency and client satisfaction in the trading industry. The company continues to focus on developing innovative solutions to meet the evolving needs of traders worldwide.
Exness Cuts Gold and Oil Trading Spreads
