Exness Review

Overall, Exness can be summarised as a trustworthy and highly regulated Forex Broker with a diverse portfolio of financial assets and a reliable trading platform customized to traders’ different demands. Exness has a trust score of 94 out of 99.

🛡️Regulated and trusted by CBCS, CySEC, FCA, FSA, and more.
🛡️3600 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

Overview

Exness, founded in 2008, is a prominent online trading firm known for its diverse asset portfolio, including Forex, cryptocurrencies, stocks, and commodities. The company offers a reliable trading platform with competitive spreads and leverage. It is well-regulated by multiple financial agencies, ensuring transparency and security. Exness also provides excellent customer support, educational resources, and advanced trading tools, making it a strong contender in the online trading market.

Frequently Asked Questions

What is Exness?

Exness is an online trading company established in 2008, offering a wide range of financial assets, including Forex, cryptocurrencies, stocks, and commodities.

What types of trading assets does Exness offer?

Exness provides access to Forex, cryptocurrencies, stocks, and commodities.

Is Exness regulated?

Yes, Exness is regulated by multiple financial agencies, which ensures a high level of transparency and security.

What are the key features of Exness’s trading platform?

Exness offers a reliable trading platform with competitive spreads, leverage, advanced trading tools, and excellent customer support.

Our Insights

Exness is a standout due to its diverse asset offerings, robust regulatory compliance, competitive trading conditions, and user-friendly support, making it a top choice for traders worldwide.

Detailed Summary

Frequently Asked Questions

Does Exness provide educational resources for traders?

Yes, Exness offers instructional materials and resources to help both new and experienced traders.

How does Exness support its users?

Exness provides prompt customer service and superior trading tools to assist users with their trading needs.

How long has Exness been in operation?

Exness was founded in 2008.

Why is Exness considered a notable player in online trading?

Exness is recognized for its diverse asset offerings, regulatory compliance, competitive trading conditions, and user-focused approach.

Our Insights

Exness excels with its comprehensive asset range, strong regulatory standards, competitive spreads, and excellent customer support, providing a reliable and efficient trading experience.

Safety and Security

Exness is a leading trading platform that prioritizes the security of its customers’ trading environments.  Exness has implemented robust security measures to protect their finances and personal information, including robust authentication and identification procedures for all devices and users.

Safety and Security Steps on offer from Exness include:

• Support PIN
• Two-factor authentication (2FA)
• Web Application Firewall (WAF)

Exness maintains an Information Security Team composed of highly qualified professionals who stay updated with industry trends and share their expertise with the broader cybersecurity community.

Frequently Asked Questions

How does Exness ensure the security of its trading platform?

Exness prioritizes security by implementing robust measures, including advanced authentication procedures and stringent identification processes for all devices and users.

What security features does Exness offer to protect my account?

Exness offers several security features, including a Support PIN, Two-Factor Authentication (2FA), and a Web Application Firewall (WAF) to safeguard your account.

What is Two-Factor Authentication (2FA) and how does it help?

Two-factor authentication (2FA) adds an extra layer of security by requiring two forms of verification to access your account, enhancing overall protection.

What is a Support PIN?

A Support PIN is a security feature used to further protect your account by providing an additional verification step when interacting with support services.

Our Insights

Exness excels with its comprehensive security measures, including robust authentication, Two-Factor Authentication (2FA), and a Web Application Firewall (WAF), all managed by a dedicated Information Security Team, ensuring a highly secure trading environment.

Account Types

Standard Account

The Exness Standard Account is ideal for all traders, offering ease of use, no minimum deposit, and competitive spreads starting at 0.3 pips with no transaction fees. It supports multiple base currencies and unlimited leverage, subject to risk management rules. This account also includes market execution and a swap-free Islamic Account option for adherence to Shariah law.

Standard Cent Account

The Standard Cent Account is designed for beginners and those seeking low-risk trading. It allows trading in cent denominations, reducing financial risk. Features include variable spreads from 0.3 pips, no commissions, and a minimum deposit of just 10 USD. With a limit of 1000 positions, it’s an ideal option for testing strategies. It also offers a swap-free Islamic Account variation.

Raw Spread Account

The Raw Spread Account caters to traders who need ultra-low spreads, starting at 0.0 pips. It’s ideal for high-volume traders and scalpers, offering competitive costs of up to $3.5 per lot. Traders benefit from unlimited leverage and access to various instruments. It also supports market execution and includes a swap-free Islamic Account option.

Zero Account

The 0% Account features no spread costs on major currency pairs, benefiting traders sensitive to spread changes. It has a low fee starting at $0.1 per lot per side, ideal for high-volume traders. It offers the same instruments, unlimited leverage, and market execution as the Raw Spread Account. Additionally, it includes a swap-free Islamic Account option for adherence to Shariah law.

Pro Account

The Exness Pro Account is designed for advanced traders, offering reduced spreads starting at 0.1 pips and zero commissions. It delivers enhanced market conditions and fast execution on Forex, metals, energy, stocks, and indices, with cryptocurrencies at market value. It supports unlimited leverage and includes a swap-free Islamic Account option.

Demo Account

The Demo Account provides a risk-free environment for traders to practice and refine their skills using virtual money. It simulates real-market conditions with a wide range of tools and instruments, including currency pairs and cryptocurrencies. Ideal for strategy development and confidence building, it offers real-time market prices and is a great way to get started with trading.

Islamic Account

Exness offers swap-free accounts compliant with Sharia law, catering to traders who follow Islamic financial principles. These accounts avoid interest (Riba) by eliminating swap charges, making them suitable for traders adhering to Islamic beliefs. Swap-free options are available across all Exness account types, including Pro, Raw Spread, Zero, Standard Cent, and Standard, allowing for interest-free trading.

Frequently Asked Questions

What are the features of the Exness Standard Account?

The Standard Account offers ease of use, no minimum deposit, competitive spreads starting at 0.3 pips, and no transaction fees. It supports multiple base currencies, unlimited leverage (subject to risk management rules), and market execution, and includes a swap-free Islamic Account option.

Who is the Standard Cent Account designed for?

The Standard Cent Account is aimed at beginners and those seeking low-risk trading, with features like trading in cent denominations, variable spreads from 0.3 pips, no commissions, a minimum deposit of just $10, and a limit of 1000 positions. It also includes a swap-free Islamic Account option.

What advantages does the Raw Spread Account offer?

The Raw Spread Account is ideal for high-volume traders and scalpers, offering ultra-low spreads starting at 0.0 pips, competitive costs of up to $3.5 per lot, unlimited leverage, and access to various instruments. It includes market execution and a swap-free Islamic Account option.

What makes the Zero Account unique?

The Zero Account features no spread costs on major currency pairs and a low fee starting at $0.1 per lot per side, making it beneficial for traders sensitive to spread changes. It provides the same instruments and unlimited leverage as the Raw Spread Account, with market execution and a swap-free Islamic Account option.

Our Insights

Exness offers a range of accounts tailored to various trading needs, each with unique benefits like low spreads, no commissions, and swap-free options, ensuring a flexible and accommodating trading experience for all traders.

How To Open an Exness Account

To register a live trading account, follow the following steps:

1. Step 1: Open your web browser and go to the Exness Website.

Click “Open Account and Select your nation from the drop-down list. Enter your email address, and create a password. Click “Register” to set up your Personal Area (PA).

2. Step 2: Exness will send a verification email to the address you supply.

Click the link in the email to verify your account. Once signed into your PA, choose “Open New Account.” Choose a trading account from Standard, Standard Cent, Pro, Zero, or Raw Spread.

3. Step 3: Select your desired trading platform (MT4, MT5).

Set your leverage and base currency and Click “Create an Account.”

Once your account has been validated and financed, you can begin trading on the platform.

Frequently Asked Questions

How do I start the process of opening an Exness account?

To start, visit the Exness website, click “Open Account,” select your country, enter your email, create a password, and click “Register” to set up your Personal Area (PA).

What should I do after registering on the Exness website?

Exness will send a verification email. Click the link in the email to verify your account. Then, log in to your PA and select “Open New Account.”

How do I choose a trading account type?

After logging into your PA, choose the type of trading account you want from Standard, Standard Cent, Pro, Zero, or Raw Spread.

How do I set up my trading platform?

Select your preferred trading platform (MT4 or MT5), set your leverage and base currency, and then click “Create an Account.”

Our Insights

Simply register on the Exness website, verify your email, choose your account type and platform, set your preferences, and once your account is validated and funded, you’re ready to start trading.

Trading Platforms and Software

Exness offers the following trading platforms and software:

• MetaTrader 4
• MetaTrader 5
• Exness Web Terminal
• Exness Trader App

MetaTrader 4

MetaTrader 4 (MT4) is a popular platform that is noted for its user-friendly design and powerful features. They improve the MT4 experience by offering cheap spreads and large leverage, which benefits traders worldwide.  MT4 supports automated trading using Expert Advisors (EAs), which appeals to traders of all skill levels seeking automation.

Exness provides a safe and trustworthy MT4 trading environment with low slippage and quick execution, which is critical for traders in fast-paced global markets.

MetaTrader 5

MetaTrader 5 (MT5) has extensive features and tools, making it ideal for experienced traders worldwide. Exness provides traders access to a greater selection of trading instruments on MT5, including more currency pairings and CFDs, enabling them to diversify their portfolios.

MT5 offers powerful charting tools, economic calendars, and in-depth market research, which are critical for making educated decisions in unpredictable global markets. The availability of numerous timeframes and analytical tools in MT5 improves the trading experience for traders seeking in-depth market research.

Web Terminal

The Exness Web Terminal is a convenient choice for traders globally who do not want to download or install software. It provides rapid access via a web browser with a simple interface and rudimentary trading features.

The platform’s compatibility with different browsers and operating systems makes it suitable for trading across many devices.  Data encryption improves security and protects traders’ information, solving worldwide internet security concerns.

Trader App

The Exness Trader App is a beneficial solution for traders worldwide. It is designed for mobile use. It is designed for users who demand real-time access to their accounts, quotations, and trading features.  The software has a user-friendly layout with intuitive design components, allowing easy navigation.

Notifications and alerts inform users of market movements, enabling traders to capitalize on opportunities across many worldwide marketplaces. This makes it essential for traders with busy lives and time-sensitive trading choices.

Frequently Asked Questions

What trading platforms does Exness offer?

Exness offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), the Exness Web Terminal, and the Exness Trader App.

What are the key features of MetaTrader 4 (MT4)?

MT4 is user-friendly with powerful features, including support for automated trading via Expert Advisors (EAs). It offers low spreads, high leverage, and a reliable trading environment with quick execution and low slippage.

What makes MetaTrader 5 (MT5) different from MT4?

MT5 includes more trading instruments, such as additional currency pairs and CFDs, and offers advanced charting tools, economic calendars, and in-depth market research, making it ideal for experienced traders.

How does the Exness Web Terminal work?

The Exness Web Terminal allows traders to access their accounts via a web browser without downloading software. It offers basic trading features and is compatible with various browsers and operating systems, with data encryption for enhanced security.

Our Insights

Exness’s platforms, including MT4, MT5, the Web Terminal, and the Trader App, offer robust features, ease of use, and flexibility, ensuring a seamless and efficient trading experience for all types of traders.

Fees, Spreads, and Commission

Spreads

Exness provides tight spreads from 0.0 pips on different forex currency pairs. This type of competitive pricing proves to be highly beneficial for traders trying to minimize trading costs or carry out high-frequency trade activity.

Spreads are average and depend on the type of account, which is suitable for different traders with specific needs.

Commissions

Each account type comes with its pricing structure. Some accounts provide zero-commission trading, while others charge volume-based charges. These fees are transparent, allowing traders to predict their expenditures correctly.

Certain account types have predetermined commission rates, which ensure Exness is compensated for facilitating transactions. For example, the Raw Spread Account may accrue up to $3.50 per side for each lot, but the Zero Account begins at $0.1 per side for each lot.

Overnight Fees

Swap or overnight fees for holdings held after market hours. The costs vary depending on the trading instrument and account type, and Exness offers detailed information on these fees to assist traders in making educated selections.

Swap costs are an important factor for traders who hold positions overnight since they influence the total cost of trading.

Deposit and Withdrawal Fees

Exness offers traders no deposit or withdrawal fees, making it a cost-effective option for maintaining their trading money.

Inactivity Fees

They do not charge inactivity fees for dormant accounts, making it a flexible option for traders who do not trade often.

Currency Conversion Fees

Exness could impose currency conversion fees for transactions made in currencies outside of the account’s base currency. This charge is a modest proportion of the transaction value and is incurred when trades are initiated or closed, allowing traders to participate in multi-currency trading easily.

Frequently Asked Questions

What are the typical spreads offered by Exness?

Exness offers tight spreads starting from 0.0 pips on various forex currency pairs, which helps traders minimize trading costs and supports high-frequency trading.

How are commissions structured at Exness?

Commission structures vary by account type. Some accounts offer zero-commission trading, while others have volume-based charges. For example, the Raw Spread Account may incur up to $3.50 per side per lot, while the Zero Account starts at $0.1 per side per lot.

Are there any overnight fees?

Yes, overnight fees, or swap fees, apply to positions held after market hours. The cost varies by trading instrument and account type, and detailed information is provided to help traders make informed decisions.

Are there fees for deposits and withdrawals?

Exness does not charge fees for deposits or withdrawals, making it cost-effective to manage trading funds.

Our Insights

Exness offers competitive spreads, transparent commissions, no deposit or withdrawal fees, and no inactivity fees, making it a cost-effective choice for traders.

Which Markets Can You Trade?

Exness offers the following trading instruments and products:

• 100 Forex currency pairings.
• 11 Cryptocurrencies
•  3 Energy Commodities
• 15 Precious Metals
• A Diverse range of equities

Exness offers access to 11 main indexes. The leverage for the US30, US50, and USTEC is 1:400, while all other indices provide leverage of 1:200, catering to index traders.

Frequently Asked Questions

What types of trading instruments does Exness offer?

Exness provides access to 100 Forex currency pairs, 11 cryptocurrencies, 3 energy commodities, 15 precious metals, and a diverse range of equities.

How many indices can I trade with Exness?

Exness offers access to 11 major indices.

What is the leverage for trading indices on Exness?

The leverage is 1:400 for US30, US50, and USTEC indices, and 1:200 for all other indices.

Can I trade commodities with Exness?

Yes, Exness offers trading in 3 energy commodities.

Our Insights

Exness offers a wide range of markets, including 100 Forex pairs, 11 cryptocurrencies, 3 energy commodities, 15 precious metals, and diverse equities, along with major indices with competitive leverage options.

Leverage and Margin

Leverage is crucial in trading as it enhances market access and affects the capital-to-equity ratio. Exness offers flexible leverage, including potentially unlimited leverage for eligible accounts, based on account equity. Margin refers to the capital needed to open and maintain positions. Additionally, Exness provides an investment calculator to simplify margin calculations and help traders make informed decisions.

Frequently Asked Questions

What is leverage in trading, and why is it important?

Leverage allows traders to control larger positions with a smaller amount of capital, increasing market access and potential returns. It is essential for determining the margin needed for trading positions.

How does Exness handle leverage?

Exness offers flexible leverage that adjusts based on your trading account’s equity. Some accounts may even qualify for unlimited leverage, depending on the account type and conditions.

What is the margin in trading?

Margin is the capital required to open and maintain a trading position. It represents the amount set aside from your account balance to support trades.

How can I calculate the margin required for my trades?

Exness provides an investment calculator to simplify margin calculations, helping traders determine the required margin for their trading positions more accurately.

Our Insights

Exness offers flexible leverage options, including potentially unlimited leverage for qualifying accounts, and provides an investment calculator to simplify margin calculations and help traders make informed decisions.

Deposit and Withdrawal

Here is an overview of how to deposit to Exness via the most popular Deposit Options

Bank Wire

To deposit funds with Exness via bank wire, login, go to “Finance” > “Deposit,” select “Bank Wire Transfer,” choose your account and currency, and enter the amount. Download the bank details PDF, complete the transfer with the reference number, and track it in the “Transaction History” section. Transfers usually take 1-3 business days.

Credit or Debit Card

To deposit funds via credit/debit card with Exness, login, go to “Finance” > “Deposit,” and select “Credit/Debit Card.” Choose your account, and currency, and enter the amount. Enter your card details and complete any required security verification. Review and confirm the deposit.

e-wallets or Payment Gateways

To deposit funds via an electronic wallet with Exness, login, go to “Finance” > “Deposit,” and select your preferred method (e.g., Neteller, Skrill). Choose your currency and enter the deposit amount, ensuring it meets the minimum requirement. Verify the details and proceed with the deposit.

Here is an overview of how to make a Withdrawal from Exness via the most popular Withdrawal Options:

Bank Wire

To withdraw funds via bank wire with Exness, log in and go to “Finance” > “Withdrawal.” Select “Bank Wire Transfer,” choose your account, and enter the currency and amount. Download the bank details PDF, fill in your bank information, and click “Submit Withdrawal.”

Credit or Debit Card

To withdraw funds via credit/debit card with Exness, log in and go to “Finance” > “Withdraw.” Select “Credit/Debit Card,” choose your currency and account, and enter the withdrawal amount, ensuring it meets the minimum requirement. Select your card, complete any required security verification, review the details, and click “Confirm.”

e-wallets or Payment Gateways

To withdraw funds as a cryptocurrency with Exness, log in and go to “Finance” > “Withdraw.” Choose a compatible e-wallet like Neteller or Skrill. Withdraw funds to the e-wallet, convert the fiat to your preferred cryptocurrency using the e-wallet’s exchange tool, and transfer the cryptocurrency to your external wallet.

Frequently Asked Questions

How can I deposit funds via bank wire with Exness?

Log in, go to “Finance” > “Deposit,” select “Bank Wire Transfer,” choose your account and currency, and enter the amount. Download the bank details PDF, complete the transfer with the reference number, and track it in the “Transaction History” section. Transfers typically take 1-3 business days.

What is the process for depositing funds using a credit or debit card?

Log in, navigate to “Finance” > “Deposit,” and select “Credit/Debit Card.” Choose your account, currency, and amount, then enter your card details and complete any required security verification. Review and confirm the deposit.

How do I deposit funds using an e-wallet or payment gateway?

Log in, go to “Finance” > “Deposit,” select your preferred e-wallet (e.g., Neteller, Skrill), choose your currency, and enter the deposit amount. Ensure it meets the minimum requirement, verify the details, and proceed with the deposit.

How can I withdraw funds via bank wire?

Log in, go to “Finance” > “Withdraw,” select “Bank Wire Transfer,” choose your account, enter the currency and amount, and download the bank details PDF. Fill in your bank information and click “Submit Withdrawal.”

Our Insights

Exness offers a variety of convenient deposit and withdrawal methods, including bank wire, credit/debit cards, and e-wallets. With efficient processing times and straightforward procedures, managing your funds is easy and seamless.

Educational Resources

The following educational resources are on offer:

• Exness Academy is a training center that offers video lessons, articles, and webinars to assist traders learn how to trade the most popular derivatives.
• Exness provides webinars on several subjects, including technical analysis, fundamental analysis, and risk management. These seminars are given by expert traders and analysts, who share their skills and insights with participants.
• Education on YouTube offers a variety of films on subjects such as market overview, technical analysis, and improving as a trader.

Exness’ blog offers market and corporate news, technical analysis, and more.

Frequently Asked Questions

What is Exness Academy?

Exness Academy is a training center that provides video lessons, articles, and webinars to help traders learn about popular derivatives and enhance their trading skills.

What types of webinars does Exness offer?

Exness offers webinars on various topics, including technical analysis, fundamental analysis, and risk management, presented by expert traders and analysts.

What educational content is available on Exness’ YouTube channel?

Exness’ YouTube channel features videos on market overviews, technical analysis, and tips for improving trading skills.

Where can I find market and corporate news from Exness?

Exness’ blog provides updates on market trends, corporate news, technical analysis, and other relevant information.

Our Insights

Exness provides a wealth of educational resources, including Exness Academy, webinars, YouTube videos, and a comprehensive blog. These tools offer valuable insights and training to help traders enhance their skills and stay informed.

Pros and Cons

You might also like:

• Exness Minimum Deposit
• Exness Rebates

References: 

• Upgrade the Way you Trade 
• Why Exness
• Exness Premier Program 

Conclusion

According to our research, Exness is a reliable brokerage that caters to a wide range of traders, from beginners to experienced professionals. Its commitment to regulatory compliance in multiple countries ensures a safe trading environment.

Faq