Exness, a leading global multi-asset broker, has announced an immediate reduction in trading margins for gold (XAUUSD) and oil (USOIL).

As of today, gold spreads are down 20%, and oil spreads are down 68%. The reductions are calculated based on standard account spreads, comparing the last full trading week in April 2024 to the last full trading week in August 2024. The company said these changes reinforce Exness’ commitment to provide competitive trading conditions.

With more than 15 years of experience, Exness said it consistently offers unmatched trading terms thanks to stable and competitive spreads. They have achieved this by developing technology-driven pricing models and a comprehensive ticker history, making them the most popular platform for traders.

“We are excited to offer our clients these significant reductions in spreads,” said Igor Desyatov, Chief Trading Officer of Exness. “Our commitment to providing the best trading environment is unwavering and these changes reflect our dedication to delivering exceptional value to our customers. By offering the best conditions for trading gold and oil, we aim to improve our clients’ trading experience and support their success.”

Exness added that these reductions exemplify its commitment to clients and setting the standard for transparency, reliability and excellence in the trading industry. The company remains committed to innovation and customer-centric solutions, ensuring that new and existing traders can access the best tools and conditions available.

For more information about Exness and its trading offerings, visit Exness.