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Exness Review Summary

Exness is about a straightforward, fully regulated brokerage business in different jurisdictions that has been recognized in due time for its accomplishments and high operational standards. Apart from the availability of Mini and Standard accounts that encourage traders of any size to enter, favorable trading conditions of 0.1 pips and a variety of markets allow you to receive technical support from the industry-leading MT4 or MT5 platforms.

Exness Review Highlights

Trading Platform: MetaTrader4, MetaTrader5
Cryptocurrencies Yes
Regulator CySEC, FCA
Minimum Initial Deposit $1
Leverage 1:1000

Pros & Cons

Pros
  • Small initial investment
  • Unlimited leverage available
  • Zero trading commissions
  • Smaller lot size
  • 0% hedging margin
Cons
  • No demo account available
  • Only instant execution
  • No bonus
  • Limited to 5 account currencies
exness-logo
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

What is Exness?

Exness is the brand name of a global brokerage company that delivers its services through two main offices in Seychelles and is a Cyprus broker. The company’s divided nature enables global clients to enjoy tailored financial services and investment solutions, while the global brand offers a wide range of retail opportunities , especially corporate solutions or partnerships.

The EU-based company in Cyprus provides fully regulated services to members in the EEA and around the world. In addition, the broker also expanded its global reach and established a UK-based entity, Exness UK Ltd, which is also fully regulated.

In fact, the broker has won numerous awards as a retail broker, offering stable and reliable brokerage services with a comfortable trading environment designed to suit the most demanding traders with their tight spreads and no hidden commissions of 0.1 pips. The trading process is carried out by the intuitive MT4 platform, with the possibility to trade a number of CFDs and Futures on a wide range of markets.

Awards. Awards

Along with its history of operation, Exness has been awarded and recognized many times, including various aspects such as customer satisfaction, trading technology and the overall rankings that recognize its success.

In addition, Exness plays an active role in social life as well as acting as an honored sponsoring partner with various organizations. Currently, Exness is proudly sponsoring the world’s number one football team, Real Madrid, and the best live football player, Cristiano Ronaldo.

Is Exness safe, or is it a scam?

In order to protect the funds invested, the professional trader should consider not only the trading conditions of the company when selecting a company for a long-term partnership. But also, most importantly, ensure that the company ‘s operations comply with the relevant country’s legal requirements and internationally recognized financial standards.

Was that the rule of Exness?

The Exness Company, due to its presence in various countries and developed offices, is controlled by the appropriate local authorities, which are also highly respected within the industry. Exness UK Ltd is authorised and regulated by the Financial Conduct Authority, while Exness CY Ltd is authorised by CySEC.

Thus, the broker has allowed financial products or services to be provided within the framework of its activities in the above-mentioned countries and in another EEA country. There is also an offshore Seychelles license, which allows for just identification rather than strict enforcement, but additional licenses from reputable authorities make things reliable and Exness offers them.

How are you being protected?

As a consequence, and on the basis of operating criteria that are set out in compliance with the regulations, along with consumer security, money segregation and inclusion in an investor compensation fund or scheme. EEA registration and provision of services on a cross-border basis, carried out by authorisation from cross-border authorities within Europe, make the Exness operational standards extremely appropriate.

Best

Like the majority of Forex brokers, Exness also offers leverage, which may increase potential gains through its ability to balance multiple initial accounts.

Average levels also depend on the instrument you trade, as well as the regulatory restrictions and your personal level of proficiency.

Because FCA and CySEC have significantly reduced the scope for leverage levels along with their European Directive miFID, the maximum leverage that you can use as a retail trader is

  • 1:30 on major currencies,
  • 1:20 for minors
  • 1:10 for goods.

Nonetheless, a global entity of Exness can allow much higher leverage ratios of up to 1:1000, which are also determined by your country of origin.

And, of course, always know how to use leverage correctly, because leverage can also increase your potential losses and is a different feature with different tools.

Accounts of the

To engage with Exness, you can expect a completely controlled and safe trading platform that allows you to either open a demo account and test trading strategies or open a live account to access forex markets. Traders in world jurisdictions may be subject to different account offerings that fall within the scope of regulation and compliance.

Types of account

Accounts available with more than 80 currency options while the company has instant payment options and provides a Standard Cent Account that is great for smaller traders, a Premium Account and a Professional ECN Account with a raw spread service and a commission fee per transaction.

Forex Competitions

In addition, there are additional features that allow Exness customers to compete and win valuable prizes in the Forex trading contest they have held from time to time. However, traders’ residents of other countries will test the availability and the probability of accessing the official website.

Fees: Fees

As defined, the Exness spread is based on narrow variable spreads, which are also determined by the type of account. Standard Cent account spreads are starting from 0.3 pips with no trading volume fee, which ensures that all transactions are expressed in cents, the standard account costs are based on tight spreads from 0.1 pips.

And the Professional ECN account includes a raw spread plus a fee per deal. See some of the examples below for a better understanding of the costs of Exness and a comparison with other brokers, as well as a comparison of rates with other Capital Markets brokers.

Comparison of Exness payments and related brokers

Rollover’s

Also, always consider the Exness rollover or overnight fee as a cost that is charged to positions held longer than one day. – instrument pays a different quotation for overnight stays, which may be as a fee or refund, see the sample for some of the above instruments.

Market Directions

The markets you can trade with Exness give a famous Forex with 107 currency pairs, CFDs on Stocks and Indices, Energies, Metals and 7 Cryptocurrencies.

Deposits and Withdrawal

Exness conducts instant deposits and withdrawals without commission charges using a number of electronic payment systems that provide control over the financing of your trading account at ease.

Tools for Deposit

Payment options, including the ability to use either method, so that you can always choose the appropriate method. If, as a general rule, Exness does not charge any deposit fees or internal charges, you payment provider can apply those fees depending on the residence, so be sure to check that.

  • Transfers of bank wire
  • Big Credit Cards,
  • Neteller and Skrill e-systems

Minimum deposit amount

What’s more, Exness doesn’t require a specific sum at the outset, so you’ll be able to start as low as $1. The professional account may, however, require $200 and, of course, check the required margin requirements, which are usually set separately for each trading instrument. Also, check the payment methods, as some of them set a minimum transfer amount.

Removals

As already mentioned, Exness does not charge any fees for either deposits or withdrawals. However, before any payments are made to the customer service provider, search in the event of any fees that may be applicable due to your country of origin or, probably, to the payment provider itself.

Platforms for trading

The choice of trading platform offers a choice between industry leaders MetaTrader4 and MetaTrader5 along with mobile trading platforms and MT4 WebTerminal that allows access to any app.

Company on the Internet

While both solutions are well-known industry tools, MetaTrader4 features a convenient and practical trading platform that has also been recognized by professional world traders and retailers. Although MT5 is a more advanced version of the previous one with powerful features and new features. You can access both via Web Trading, which is free from the download or installation site that can be accessed via the browser.

But, the Web version is always less advanced than the desktop one, so if you’re creating a comprehensive strategy and need more flexibility and charting tools, go to the desktop version.

System for Windows

Either MT4 and MT5 support all devices, including PC and MAC, so you can choose which platform you prefer to use either industry standard or the newly developed version of MT5. Nice to note again that each account supports both platforms, so there’s no need to specify that you can use two at the same time, which is fantastic.

Styles of exchange

Since there are many traders who still prefer MT4, both options are available along with a free technical analysis service from Trading Central, high-quality VPS hosting, economical schedules, background quotes and constant monitoring of accounts.

 

The most relevant news impacting the Forex market is available from Dow Jones News, the world’s leading information provider, and thus included in the streaming line of the platforms. In the meantime, all trading types are welcome to make your strategy accessible and feasible at Exness.

The Mobile Exchange Site

Free and easy-to-use iPhone and Android apps that support versions of MT5 and MT4, so you can keep up-to – date on trading on the go. Apps are highly valued and well created, so you can apply full customization on your phone, check account status, request withdrawals and display fee reports, all from your mobile phone.

Customer Support Services

Finally, together with the convenient trading conditions, you will receive advanced support providing customer service in 13 languages available 24/7 and support in English and Chinese 24/7. Exness has actually acquired quite a good ranking for its support and is respected by financial markets for its excellence.

Education and education

Exness is actually running its own Exness Academy, designed to support and train thousands of traders from all over the world. Developed learning materials are designed to reflect the level of experience and to cover the basics from the start, as well as to further develop by learning how to manage risks more intelligently and by completing the course.

Exness provides a free Demo account, along with up-to – date financial news from Dow Jones, educational materials, and Web TV with the latest updates. We really like how Exness organizes a knowledge base and invests in the growth of its traders. Professional Exness teams therefore provide active traders with one-stop, powerful tools. You will also find research tools, fundamental analysis and technical studies, along with weekly insights, business ideas and many more.

Concluding

Powerful features of the platforms include the ability to trade easily along with the secure environment and all agreed trading types. In addition, there are pleasant enhancements as well as Trading Central services and free VPS hosting, which rewards the customer even more, making everything in Exness a good choice to find as an enjoyable trading experience.

Nonetheless, we would be pleased to hear your personal opinion about Exness, share your experience in the comments area below, or ask us for additional information if appropriate.

 

 

Official Exness Registration

Founded: 2008
Broker Type: ECN, Market Maker, NDD
Languages Supported: EN, ZH, RU, FR, TH, ID
Trading Instruments: Forex, CFDs on metals, cryptocurrencies
Account Types: Two account types
Expert Advisors: Yes
Social Trading: Yes
Hedging: Yes
Scalping: Yes
Commission: Yes
Inactivity Fee: N\A
Swap-Free Account: Yes
Mobile Apps: Yes
Demo Account: No
Prohibited Countries: US, Canada, Iran and others
Trading Fees: Yes, variable
Withdrawal Fees: Yes, minimal
exness-logo
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

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Exness Reviews

6 Reviews for Exness

  • Yu Li says:

    Fees are very reasonable, orders are fast, and apps are very good.

  • Mark L says:

    Reliable……It is not easy to find the futures tickers but basically it is professional and reliable.

  • Lorena says:

    I have just had a large amount of money put back on a credit card that has a £0 balance on even when it should have gone to another c.card I used or my Bank Account requested. Account Man team can do nothing.

    These guys are not worth the hassle. Plenty of other better options out there.

  • Adoley K says:

    – their coverage in case of bankruptcy is just 20,000 euros per account, comparing to most brokers are $500,000. If you have more than $23,000 assets, your money is at risk.

    – they wont allow you to move your common stock to another broker.

    – they are NOT regulated by ASIC.

    – customer service are terrible.

    – you will not get any interest on your cash amount.

    – they dont offer dividend reinvests program

    – There is no lend shares program

    – they always push Leverage to 5 while trading and you have to adjust it to 1 incase you just want to buy real stock

  • Kenny Potrov says:

    The top traders cannot be trusted for copytrading. At least five of traders who I copied ran their accounts into the ground and stopped actively trading. They did so without warning and with complete disregard for their followers. How can one copy traders with confidence when the traders have no ethics?

    Every one of these traders had a good track record and was considered a top trader by many review websites.

  • Nckldke says:

    Stay away or get out asap! They’re holding my money hostage now for 15 days. I can’t do anything on the platform, my money just sits there and if I wish to withdraw it, it just doesn’t work. reaching out to customer “service” isn’t working, reaching out by phone doesn’t work, reaching out through the feed @etoroteam doesn’t work. I just can’t wrap my head around it that a firm like this can be this unprofessional. Run, run far away and don’t look back!!!

exness-logo
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

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