Exness review is 4.5/5
Exness is a top-rated forex and CFD broker known for its reliability and innovation. Established in 2008 and regulated by authorities like CySEC and FCA, Exness offers competitive trading conditions, multiple account types, and advanced platforms like MetaTrader 4 and 5. With excellent customer support, diverse trading instruments, and secure fund protection measures, Exness caters to both novice and experienced traders globally, making it a standout choice in the online trading world.

Table of Contents
In this detailed Exness broker review, we explore the online trading world. We take a close look at Exness, a leader since 2008. Exness is known worldwide for its global trading in forex and CFDs. They offer many trading options and great Exness trading conditions. Their aim is to serve well in new markets. Exness has built a solid reputation with over 1.5 million traders.
Let’s dive into what makes Exness stand out. We’ll cover its Exness regulation status, different account types, trading platforms, fees, the quality of customer support, and what users say in user reviews. We want to give traders the information they need. This way, they can decide if Exness meets their needs.
Key Takeaways
- Exness is a global forex and CFD broker founded in 2008
- Regulated by top-tier authorities such as FSA, CySEC, and FCA
- Offers a wide range of trading instruments and competitive conditions
- Provides multiple account types and advanced trading platforms
- Strong focus on emerging markets and client satisfaction
Introduction to Exness Broker
Since 2008, Exness has been a top choice for traders worldwide. It offers a wide variety of trading services with a focus on being innovative and clear. The goal is to make clients happy and give them the best tools to trade. They are known as a reliable partner in the trading world.
Overview of Exness and Its Services
Exness lets traders work with many different types of assets. These include Forex, indices, commodities, stocks, and cryptocurrencies. You can find a huge selection of 100+ currency pairs, popular market indices, precious metals, and digital currencies.
Traders use top-rated platforms like MetaTrader 4 and 5 or Exness’s own terminal to trade. This makes trading easier and more efficient for them.
The broker is all about giving trading benefits to its users. You get low spreads, high leverage, and quick trading execution. This makes it good for all kinds of trading styles. Exness has grown a lot, with its services reaching global traders. It carries licenses from trusted regulatory bodies, showing its commitment to quality.
Brief History and Background of the Company
Exness started in 2008 and has been steadily growing. It’s known for its innovative approach and caring about clients. This has helped Exness become a major player in the trading world.
“Since our inception, we have been driven by a passion for empowering traders with the tools, resources, and support they need to succeed in the dynamic world of online trading.” – Exness CEO, Petr Valov
Over time, Exness has expanded its reach to many countries. It has gained licenses from places like Seychelles, Cyprus, and the United Kingdom. This shows its dedication to a secure, reliable, and fair trading environment.
The company is always looking for ways to improve and serve traders better worldwide. It’s focused on providing innovations and top-notch service to everyone who trades with them.
Regulation and Safety
Choosing the right forex broker is key for fund safety and a reliable trade setting. Exness values your protection and ensures they meet strict regulatory and financial security benchmarks.
Regulatory Licenses Held by Exness
Exness is overseen by various trusted authorities, highlighting a dedication to clear practices and following strict rules. It has licenses from entities like the:
- Financial Services Authority (FSA) of Seychelles
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Conduct Authority (FCA) in the United Kingdom
With stringent rules on fund segregation and operational standards, Exness clients enjoy added security and fairness.
Client Fund Protection Measures
Exness takes steps to protect your money, such as keeping your deposits separate in top-tier bank accounts. This guard keeps client funds safe from the broker’s business risks.
Negative Balance Protection and Compensation Schemes
All Exness clients benefit from negative balance protection, assuring losses never exceed your account balance. Especially useful for new traders, this feature means you trade with less worry.
In the rare case of broker insolvency, schemes like the Cyprus’ Investor Compensation Fund (ICF) step in, securing up to €20,000 per client. This serves as an extra layer of protection, showing Exness’ dedication to its traders’ safety and confidence.
Regulatory Authority | Coverage |
---|---|
Financial Services Authority (FSA) of Seychelles | Oversight and enforcement of regulatory standards |
Cyprus Securities and Exchange Commission (CySEC) | Client protection through the Investor Compensation Fund (ICF), up to €20,000 per client |
Financial Conduct Authority (FCA) in the United Kingdom | Strict regulatory guidelines and oversight for UK clients |
Exness aims for the highest exness regulation, exness safety, and exness client protection standards. Thanks to exness licenses, careful client fund protection, exness negative balance protection, and involvement in exness compensation schemes, traders can feel secure as they pursue their goals.
Account Types and Trading Conditions
Exness has many account types for traders at all levels. If you’re new or very experienced, there’s an account for you. It meets your needs and provides personal support.
Standard, Professional, and VIP Account Options
If you’re new to trading, try the Exness Standard Account. It comes with competitive spreads as low as 0.3 pips. For those with more experience, Professional Accounts offer tighter spreads and more tools.
VIP Accounts are for those trading at high volume or for institutions. They provide personal support and special trading conditions. These accounts include a dedicated account manager to make your trading experience better.
Minimum Deposit Requirements
Exness makes starting easy with low minimum deposits. The Standard Account needs just $10 to open. A $500 deposit is required for a Professional Account.
This shows the extra benefits and support these accounts offer. It helps traders at different stages join the market comfortably.
Account Type | Minimum Deposit | Spreads | Commissions | Leverage |
---|---|---|---|---|
Standard Account | $10 | From 0.3 pips | None | Up to 1:2000 |
Professional Account | $500 | From 0.1 pips | None | Up to 1:unlimited |
VIP Account | Customized | Personalized | Negotiable | Customized |
Spreads, Commissions, and Other Trading Fees
Exness strives for a clear and fair fee system. They have low spreads, starting from 0.3 pips on the Standard Account. This allows for bigger potential profits.
Professional Accounts enjoy even lower spreads. Despite no commissions on most accounts, watch out for extra fees. These could include overnight financing or inactivity fees. By sharing all fees upfront, Exness helps traders plan their costs wisely.
Trading Platforms and Tools
Exness serves traders of all levels with a wide range of trading platforms. It includes MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their reliability. These platforms are perfect for those looking for advanced charting and many customization options. They support automated trading and provide lots of technical indicators, empowering traders to make smart decisions.
Besides MetaTrader, Exness offers its own platform, the Exness Terminal. It’s a web-based platform that is simple to use but powerful. This makes it great for traders wanting an easy and intuitive trading experience. The Exness Terminal gives access to various trading instruments, real-time quotes, and tools to manage orders.
For those who like to trade on their mobile devices, Exness has you covered. They provide mobile apps for MT4 and MT5 that work on iOS and Android. These apps let traders keep an eye on the markets, manage their positions, and trade from anywhere. They have features like live quotes, interactive charts, and one-click trading for quick reactions.
To help traders make better decisions, Exness offers advanced tools, such as:
- Trading Calculator to help manage risks better by calculating potential profits and losses.
- Currency Converter for quick and easy conversion of different currency pairs.
- Market Sentiment Indicator to understand the overall market mood and trends better.
Exness also supports traders with additional resources, like:
Tool | Description |
---|---|
Economic Calendar | Keep track of economic events and data releases that may affect markets. |
Market Analysis | Access insights and technical analysis from expert market analysts every day. |
Educational Resources | Learn from trading guides, video tutorials, and webinars. |
Exness gives traders a complete suite of trading platforms and tools. This allows traders to tailor their experience, manage their decisions better, and succeed in online trading. Whether you like the features of MT4 and MT5, the simplicity of the Exness Terminal, or the convenience of mobile trading, Exness supports you every step of the way.
With Exness, traders have access to a first-rate trading environment that includes advanced technology, essential tools, and ongoing support. It’s all about helping traders reach their trading aspirations.
Exness Review: In-Depth Analysis
In this thorough Exness review, we focus on important parts of the service. This includes looking at what makes them stand out, the good and bad points, how they compare to other top forex brokers, and who they’re best for. It’s all about helping potential customers decide if Exness fits their needs and trading style.
Pros and Cons of Trading with Exness
Exness has many pros that attract traders. A big advantage is the small $10 minimum deposit for Standard Accounts. This makes it easy for anyone to start trading. The broker also offers narrow spreads, helping traders save money and possibly earn more.
Trading with Exness also means quick trade executions. They use top technology and work with big liquidity providers. This helps traders avoid slippage and enjoy smoother trades. Exness also offers many trading options, from forex to cryptocurrencies, meeting various interests.
Yet, there are some downsides to Exness. They don’t offer a lot of learning materials for new traders. While they have some basic guides, there’s no organized educational program or webinars. Also, they don’t support popular copy or social trading, which might be a letdown for those who want to automate or mimic successful traders’ strategies.
Comparison to Other Leading Forex Brokers
Compared to other big forex brokers, Exness is ahead in some areas. It stands out for its tight spreads, especially for those who trade a lot. With rates starting at 0.0 pips for VIP Accounts, it’s great for saving costs on numerous transactions.
Broker | Minimum Deposit | Average Spread (EUR/USD) | Regulation |
---|---|---|---|
Exness | $10 | 0.3 pips | FCA, CySEC, FSA |
XM Group | $5 | 1.6 pips | CySEC, ASIC, IFSC |
IC Markets | $200 | 0.1 pips | ASIC, CySEC, FSA |
FxPro | $100 | 0.8 pips | FCA, CySEC, FSCA |
Exness also shines in developing markets. They have a big customer base in areas like Asia and Africa. This shows their skill in meeting the needs of traders in these regions. Their global presence offers opportunities in various markets.
Suitability for Different Types of Traders
Exness has accounts and platforms for all trader levels. New traders can start with a Standard Account. It has a $10 minimum deposit and uses the easy MetaTrader 4 platform. This account is perfect for those learning to trade without risking a lot of money.
Experienced traders can choose from Professional or VIP Accounts. These offer better trading conditions and tools. These accounts suit traders who know the markets well and have good trading success. But, be careful with the higher leverage, as it can increase losses.
While Exness suits many trading styles, it lacks in the education department for newcomers. Those who need extensive trading guidance might find Exness’s resources too shallow. In this case, looking at brokers with stronger educational support might be wise.
Instruments and Markets
Exness has lots of trading options. This lets traders mix it up and make the most of different markets. They offer over 100 forex pairs, from major ones to lesser-known ones. This is great for forex traders who want good deals and lots of trade activity.
Forex Currency Pairs Offered
At Exness, you can trade with global currencies in many different ways. They have well-known pairs like EUR/USD with good deals and liquidity. For those into quick trading or “scalping,” this is perfect. They also have less common pairs for those wanting something different.
CFDs on Indices, Commodities, and Cryptocurrencies
Exness doesn’t just do forex. You can also trade CFDs on indices, commodities, and even cryptocurrencies. With these, you can bet on whole markets like the S&P 500 or commodities like gold.
They’ve also gotten into the cryptocurrency trend by adding crypto CFDs. Now, you can trade in Bitcoin, Ethereum, and more without needing a special coin wallet. This shows Exness is keen to keep up with the latest trends and serve their clients better.
Other Tradable Instruments Available
On top of all that, Exness also has CFDs for individual stocks from top global exchanges. This means you can invest in big names in tech, health, and more. By offering such a variety, Exness helps traders build portfolios that can do well in different market scenes.
Instrument Type | Examples | Key Features |
---|---|---|
Forex Currency Pairs | EUR/USD, GBP/USD, USD/JPY | Tight spreads, high liquidity |
Indices CFDs | S&P 500, NASDAQ, FTSE 100 | Exposure to global stock markets |
Commodities CFDs | Gold, Silver, Oil | Hedging against inflation, supply/demand dynamics |
Cryptocurrency CFDs | Bitcoin, Ethereum, Litecoin | Speculation on digital asset price movements |
Individual Stock CFDs | Apple, Amazon, Microsoft | Exposure to leading companies across sectors |
Exness gives you a wide range of tools to match your trading strategy. This is whether you’re all in on forex, mixing it up with indices and commodities, or checking out cryptocurrencies. They’ve built a solid platform for you to work towards your financial goals.
Deposits and Withdrawals
Exness gives many ways to pay in and take out money. This helps traders handle their funds with ease. The payment methods can change based on where the trader lives. Still, Exness aims to offer a lot of choices for everyone, no matter the country.
Accepted Payment Methods
For putting money in or taking it out, Exness supports many ways. These include:
- Bank transfers
- Credit and debit cards (Visa, Mastercard)
- E-wallets (Skrill, Neteller, UnionPay)
- Local payment systems (varies by country)
This variety in payment options means that traders can pick what works best for them.
Deposit and Withdrawal Processing Times
Exness is quick at handling deposits and withdrawals. Most deposits are added to your account right away. This is great for traders wanting to jump on opportunities fast.
Withdrawals from Exness are usually processed within a day, after some checks. This means you can get to your money without waiting too long.
Potential Fees for Funding and Cashouts
A big plus about Exness is that they don’t charge any fees on payments. This helps traders keep more of their money. But, remember, payment providers might still have their own fees.
Exness tells you all about the limits and times for making payments. This helps traders choose the most affordable and fastest payment method.
Payment Method | Deposit Processing Time | Withdrawal Processing Time | Fees |
---|---|---|---|
Bank Transfer | Up to 3 business days | Up to 3 business days | No fees from Exness; bank charges may apply |
Credit/Debit Card | Instant | Up to 24 hours | No fees from Exness; card issuer charges may apply |
Skrill | Instant | Up to 24 hours | No fees from Exness; Skrill charges may apply |
Neteller | Instant | Up to 24 hours | No fees from Exness; Neteller charges may apply |
To wrap up, Exness makes handling money easy with its many payment options, quick processing, and no hidden fees. It’s a top pick for traders wanting efficient fund management.
Customer Support and Education
Exness offers support in many languages to help traders with their needs. You can chat live, send an email, or call any time from Monday to Friday. They’re here to help, whether it’s about opening an account, tech issues, or trading tips.
While Exness has guides and articles, their educational materials may not be as detailed as some others. New traders might miss having courses or live webinars to learn from. Yet, they are improving what they offer for learning.
But, traders who already know their way around can enjoy the regular market tips. Exness shares these through their blog and social media. This helps traders keep up with the latest news and find new chances to trade.
Stay up-to-date with the latest market news and analysis from Exness’ team of experts.
Besides Exness’s own education stuff, they suggest other helpful resources. These include online courses, how-to guides, videos, trading books, and financial news. They want traders to have every help they need.
- Online trading courses and exness tutorials
- Educational videos and webinars
- Trading books and ebooks
- Financial news websites and blogs
Support Channel | Availability |
---|---|
Live Chat | 24/5 |
24/5 | |
Telephone | 24/5 |
By using both Exness’s resources and other educational tools, traders can learn and succeed. It’s all about making the best decisions with your trades.
Research and Analysis
Exness gives traders many tools for making smart choices in trading. They offer news on the market, an economic calendar, and more. This helps clients stay updated and use the best info and tools for trading online.
Market News and Insights
Knowing the latest in the markets is key to online trading success. Exness keeps a close watch and updates a section with news on important events and decisions. This info helps traders keep ahead and adjust their plans to meet market changes.
Economic Calendar and Event Coverage
Exness also offers an economic calendar. It shows upcoming events and what experts think will happen. This info, like GDP reports and inflation data, helps traders make better decisions and reduce risks.
Quality Analytical Tools and Resources
Traders get great tools from Exness to spot trends and find opportunities. These include:
- Charts with lots of indicators
- Signals and market mood info
- Alert systems for prices and important news
- News and analysis right in the trading platform
These resources work on Exness MetaTrader and their other trading platforms. Note, Exness may have less research than some competitors. This can mean less detailed info on market feelings and complex analysis.
Research and Analysis Feature | Exness Offering |
---|---|
Market News and Insights | Regularly updated market news section with insights into key events and developments |
Economic Calendar | Comprehensive calendar highlighting upcoming high-impact events, historical results, and consensus forecasts |
Analytical Tools | Advanced charting, technical indicators, trading signals, and customizable alerts |
In-Depth Analysis Reports | Limited offering compared to some competitors |
Even with some limits, Exness’ research and tools are great for traders wanting good, data-based choices. Using Exness’ news, calendar, and tools helps traders stay ahead and make confident moves in the market.
Mobile Trading and Accessibility
Exness has many mobile trading options for traders who like to trade on the go. They offer apps for both MetaTrader 4 and MetaTrader 5. You can download them on iOS and Android. These apps make trading smooth, with live quotes, interactive charts, and easy one-click trades.
With these apps, you can handle your accounts and check on the market from anywhere. Exness makes sure their apps work well on phones and tablets. This makes trading easier and more flexible for everyone.
Exness offers ultra-fast trades that take just milliseconds, on both MetaTrader and their own platforms.
Exness doesn’t stop at trading platforms though. They offer mobile-friendly support and help options. Wherever you are, you can get assistance quickly. They also give you many markets to trade in, including:
- Forex CFDs
- Commodities CFDs
- Stocks CFDs
- Indices CFDs
- Crypto CFDs
With Exness, you get access to many trading platforms, like:
- MetaTrader 5
- MetaTrader 4
- Exness Trade app
- MetaTrader 5 mobile
- MetaTrader 4 mobile
- Exness Terminal
- MetaTrader WebTerminal
Exness lets traders pick their own leverage, up to 1: 1000. They also handle withdrawals fast, even on weekends. And, they pay any third-party fees, so traders don’t have to.
Exness follows rules from many places to keep trading safe and clear. Bodies like the FSA and the CySEC make sure of this. But, remember they can’t work with people from certain areas, like the United States.
Bonuses and Promotions
Exness offers exciting bonuses and promotions. They aim to welcome new traders and celebrate loyal ones. A good welcome bonus, deposit match offers, and a loyalty program make trading more exciting and profitable for everyone.
Welcome Bonus and Deposit Match Offers
New traders get up to $500 extra with the welcome bonus. This means more trading money. There are also regular deposit bonuses. These make funding your account during certain times really rewarding.
Loyalty Programs and VIP Client Perks
Active traders at Exness earn points for trading. These points lead to cash bonuses, trading credits, and more. For VIPs, special benefits await. They include a personal account manager and priority access to services and events, providing an unmatched trading experience.
- Cash bonuses
- Trading credits
- Exclusive access to special events and promotions
- Personalized trading conditions
And here’s a key quote from Exness:
“At Exness, we believe in rewarding our clients for their loyalty and commitment to trading with us. Our bonuses and promotions are designed to provide traders with the extra edge they need to succeed in the markets.” – Exness Spokesperson
But, remember, bonus funds have conditions. These include trading volume and time limits. Always understand these terms before you participate in any promotion. Making informed choices is vital in trading.
Bonus Type | Bonus Amount | Trading Volume Requirement |
---|---|---|
Welcome Bonus | Up to $500 | 30 times the bonus amount |
Deposit Bonus | Varies by promotion | 20 times the bonus amount |
Loyalty Program | Varies by point redemption | N/A |
Overall, Exness rewards its traders well. Their range of bonuses and programs can make trading better. By knowing the rules, you can enjoy a fruitful journey with Exness.
Social Trading and Copy Trading
Exness doesn’t offer direct social or copy trading options. But, traders can still do exness social trading and copy trading. They can use outside tools and signals with Exness’s MetaTrader platforms. This lets traders copy the strategies of successful traders. They can do this without special built-in features.
Copy trading on Exness is great for new traders. It lets them learn from experts and spread their risks. They don’t have to manage many positions. By following skilled traders, beginners learn market moves and good tactics. This can speed up their learning and make them more money.
Benefits and Drawbacks of Copy Trading with Exness
Copy trading with Exness has some big pluses:
- Get tips from seasoned traders
- Change up your strategies easily
- Make more money by using what works
- Spend less time managing trades
But, there are also risks to watch out for:
- You might lose more if the copied strategy fails
- You don’t control each trade
- It relies on outside copy trading services
- Your risk might not match the trader you’re following
To lessen these risks, do your homework on any copy trading service you use. Check their reputation and how they handle risks. Think about your own risk comfort and goals. Make sure the strategies you copy fit your trading plans.
Exness copy trading lets traders learn from others. But, it should be done carefully, understanding both risks and benefits.
Picking the right traders and doing your own research is key. By diversifying and being smart about who you follow, you can improve your trades. Even without special platforms, you can make Exness social and copy trading work for you.
Security and Data Protection
Client funds and personal info are really important at Exness. They take many steps to keep them safe. Assets and data are secured in a way that makes trading worry-free. The company makes sure your money won’t be lost if they go out of business.
Exness also uses strong encryption to protect client-server data sharing. It’s like a secret code that keeps information private. This means your trading details and payment info are safe. The company follows strict rules to handle your info right, following international laws like the GDPR.
Keeping out cyber threats is key for Exness. They update their defenses often and watch for any weak spots. By doing this, they promise a safe place for trading. This ensures your personal and money matters stay protected.
“At Exness, we take your security and privacy very seriously. Our efforts in data protection and top-notch security means you can trade confidently, without fears. Security is our promise to you.”
Exness doesn’t just do the basics for security. They teach their team to be security smart too. Regular training and restrictions on data access keep them sharp. This way, your data is shielded at every step.
In conclusion, Exness goes above and beyond to keep your trading place secure. Their safety steps, from keeping your money safe to digital protection, show their strong commitment. With Exness, you know your details and money are in good, secure hands.
Reputation and User Experiences
Exness is seen as a trusted name in online trading. It’s known for offering a secure and clear place to trade. People all over the world trust it. Its great trading options, top platforms, and fantastic support make users happy.
Exness User Reviews and Feedback
Users have a lot of good things to say about Exness. They like its low costs and quick trades. The easy-to-use trading platforms and helpful support stand out too.
- Tight spreads and low commissions, which help minimize trading costs
- Fast and reliable order execution, ensuring trades are carried out promptly
- Stable and user-friendly trading platforms, including MetaTrader 4 and 5
- Responsive and knowledgeable customer support team, available 24/5
Opening an account with Exness is quick and easy. Users also praise how simple it is to move money in and out. Plus, the many payment options and fast transactions impress them.
Awards and Recognition in the Industry
Exness has many awards for its work. It’s been named the best in Asia and the Middle East, among others. These awards show Exness aims high for its users.
Award | Year | Category |
---|---|---|
Global Forex Awards | 2021 | Best FX Broker in Asia |
Global Brands Magazine Awards | 2022 | Best Forex Broker in the Middle East |
World Finance Forex Awards | 2020 | Best Forex Broker in Europe |
International Business Magazine Awards | 2021 | Best Trading Platform in Africa |
These honors show Exness’s push for the best service and new ideas. Its stress on rules, openness, and checked finances makes it a leader.
Though Exness is known for its good work, people’s own stories can differ. Checking carefully before making a choice is wise. Think about what you need from a broker. Then, see if Exness meets those needs well.
Conclusion
Exness stands out as a broker you can trust in the online trading world. It offers a wide range of trading tools and features to help both new and experienced traders. The platform is easy to use. Plus, Exness makes sure your money is safe and follows all the rules.
Exness has grown a lot over time by being creative and always looking to do better. It could add more learning tools, but it’s still a great pick for anyone who wants to trade without hidden costs. Remember, choosing the right broker depends on what you need and are comfortable with.
We think Exness is a top pick for those after a secure and smooth trading journey. It’s got rules in place and offers good prices with a strong platform. But, make sure to look into things thoroughly before deciding. Exness could be the reliable partner you need for trading online.
