Exness (SC) Ltd is licensed and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025.
Exness (Cy) Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number and 178/12.
Exness (UK) Ltd is licensed and regulated by the Financial Services Authority (FCA) in the United Kingdom under registration number 730729.
Exness ZA (PTY) Ltd is licensed by the Financial Industry Regulatory Authority (FSCA) in South Africa as an FSP financial services provider) with registration number 2020/234138/07 and FSP number 51024.
Exness B.V. is a securities intermediary licensed and regulated by the Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI.
Exness (VG) Ltd is licensed by the Financial Services Commission (FSC) in the BVI (British Virgin Islands) with registration number 2032226.
Exness (MU) Ltd is licensed by the Financial Services Commission (FSC) in Mauritius with registration
number 176967 and business license number GB20025294.
US Traders Accepted
yes
Out-of-Money Reward
60%
Commission
Bonus Size
100%
Max Payout
Not fixed
Trading Platform
MT4, MT5
Minimum Trade
$1
Trading Instruments
Number of Trading Instruments
107
Online Since
2008
Customer Support Types
Email, office, phone, web form
Languages
English, Vietnamese
Tools Offered
FSA, CySEC, FCA, FSC, FSCA, CBCS
Demo Account
No
Pros
Tight spreads: Exness offers some of the tightest spreads in the industry, making it an attractive option for traders who are looking to keep their trading costs low.
Wide range of instruments: Exness offers a wide range of trading instruments, including forex, commodities, indices, cryptocurrencies, and more.
Multiple account types: Exness offers a range of account types to suit different trading styles and needs, including standard accounts, ECN accounts, and Islamic accounts.
High leverage: Exness offers high leverage of up to 1:2000, which can be beneficial for traders looking to open larger positions with a smaller amount of capital.
Reliable trading platforms: Exness offers the popular MetaTrader 4 and MetaTrader 5 trading platforms, which are known for their reliability and advanced features.
Strong regulation: Exness is regulated by respected authorities such as the FCA, CySEC, and FSCA, which provides traders with peace of mind and ensures that the broker operates in a transparent and fair manner.
Cons
Limited educational resources: While Exness does offer some educational resources, they are relatively limited compared to other brokers in the industry.
Limited customer support options: Exness’ customer support options are somewhat limited, with no phone support available and email support that can sometimes be slow to respond.
Limited deposit and withdrawal options: Exness offers relatively limited deposit and withdrawal options compared to other brokers, which may be a disadvantage for some traders.
No US clients: Exness does not accept clients from the United States, which may be a disadvantage for US-based traders.
Company Name
Exness (SC) Ltd.
Headquarters
located in the Czech Republic
Regulation
Exness (SC) Ltd is licensed and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025.
Exness (Cy) Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number and 178/12.
Exness (UK) Ltd is licensed and regulated by the Financial Services Authority (FCA) in the United Kingdom under registration number 730729.
Exness ZA (PTY) Ltd is licensed by the Financial Industry Regulatory Authority (FSCA) in South Africa as an FSP financial services provider) with registration number 2020/234138/07 and FSP number 51024.
Exness B.V. is a securities intermediary licensed and regulated by the Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI.
Exness (VG) Ltd is licensed by the Financial Services Commission (FSC) in the BVI (British Virgin Islands) with registration number 2032226.
Exness (MU) Ltd is licensed by the Financial Services Commission (FSC) in Mauritius with registration
number 176967 and business license number GB20025294.
US Traders Accepted
yes
Out-of-Money Reward
60%
Commission
Bonus Size
100%
Max Payout
Not fixed
Trading Platform
MT4, MT5
Minimum Trade
$1
Trading Instruments
Number of Trading Instruments
107
Online Since
2008
Customer Support Types
Email, office, phone, web form
Languages
English, Vietnamese
Tools Offered
FSA, CySEC, FCA, FSC, FSCA, CBCS
Demo Account
No
Pros
Tight spreads: Exness offers some of the tightest spreads in the industry, making it an attractive option for traders who are looking to keep their trading costs low.
Wide range of instruments: Exness offers a wide range of trading instruments, including forex, commodities, indices, cryptocurrencies, and more.
Multiple account types: Exness offers a range of account types to suit different trading styles and needs, including standard accounts, ECN accounts, and Islamic accounts.
High leverage: Exness offers high leverage of up to 1:2000, which can be beneficial for traders looking to open larger positions with a smaller amount of capital.
Reliable trading platforms: Exness offers the popular MetaTrader 4 and MetaTrader 5 trading platforms, which are known for their reliability and advanced features.
Strong regulation: Exness is regulated by respected authorities such as the FCA, CySEC, and FSCA, which provides traders with peace of mind and ensures that the broker operates in a transparent and fair manner.
Cons
Limited educational resources: While Exness does offer some educational resources, they are relatively limited compared to other brokers in the industry.
Limited customer support options: Exness’ customer support options are somewhat limited, with no phone support available and email support that can sometimes be slow to respond.
Limited deposit and withdrawal options: Exness offers relatively limited deposit and withdrawal options compared to other brokers, which may be a disadvantage for some traders.
No US clients: Exness does not accept clients from the United States, which may be a disadvantage for US-based traders.
Exness Review: Comprehensive Analysis of Trading Services
Overview
Exness is a popular online forex broker that provides trading services to clients in over 180 countries. Founded in 2008, the broker has gained a reputation for offering transparent trading conditions and innovative technology solutions to traders worldwide. In this review, we'll explore the various aspects of Exness's services and evaluate whether the broker lives up to its reputation.
Exness Trading Instrument
Exness provides access to over 120 financial instruments across forex, precious metals, energies, and cryptocurrencies. Traders can access the markets through MetaTrader 4 and 5 platforms, as well as through the Exness Web Terminal, which is a browser-based platform.
Exness Forex
Forex trading is the main focus of Exness, and the broker provides tight spreads starting from 0.0 pips, depending on the account type and trading instrument. The broker also offers high leverage of up to 1:2000, allowing traders to maximize their profits with minimal initial capital.
Exness Broker
Exness is a well-regulated broker, with licenses from the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. The broker also maintains segregated client accounts, ensuring that client funds are kept separate from the broker's operational funds.
Exness Account Types
Exness offers several account types, including Standard, Pro, Raw Spread, Zero, and ECN. Each account type has its own trading conditions, including different minimum deposit requirements, spreads, and commissions.
This table shows the main differences between the Exness Standard, Pro, Zero, and Raw Spread accounts:
Account Type
Standard
Pro
Zero
Raw Spread
Minimum Deposit
$1
$1
$200
$500
Commission
No
$3.5 per lot
No
$3.5 per lot
Spreads
Starting from 0.3 pips
Starting from 0.1 pips
Starting from 0.0 pips
Starting from 0.0 pips
Leverage
Up to 1:2000
Up to 1:2000
Up to 1:2000
Up to 1:2000
Trading Instruments
150+
150+
150+
150+
Execution
Market
Market
Market
Market
Account Currencies
USD, EUR, GBP, JPY, AUD, CHF, RUB, PLN, HUF
USD, EUR, GBP, JPY, AUD, CHF, RUB, PLN, HUF
USD, EUR, GBP, JPY, AUD, CHF, RUB, PLN, HUF
USD, EUR, GBP, JPY, AUD, CHF, RUB, PLN, HUF
Minimum Trade Size
0.01 lots
0.01 lots
0.01 lots
0.01 lots
Maximum Trade Size
50 lots
50 lots
50 lots
50 lots
Islamic Account
Yes
Yes
Yes
Yes
This table shows the main differences between the Exness Standard, Pro, Zero, and Raw Spread accounts, including minimum deposit requirements, commission rates, spreads, leverage, trading instruments, execution, account currencies, minimum and maximum trade sizes, and the availability of Islamic accounts.
Traders should carefully consider the features of each account type before choosing the one that best suits their trading needs and preferences.
Exness Fee
Fees and Commissions
Exness charges commissions on some of its account types, with the commission rate varying depending on the account type and trading instrument. The broker does not charge any deposit or withdrawal fees, but clients may be charged by their payment provider.
Overall, Exness offers a comprehensive range of trading services with competitive trading conditions, tight spreads, and high leverage. The broker is well-regulated, ensuring the safety of client funds, and provides a range of educational materials and trading tools to help traders improve their skills and knowledge. The broker's customer support is also highly regarded, and the mobile app provides convenient access to trading on-the-go. However, traders should be aware of the risks associated with high leverage and the potential for losses. Overall, Exness is a reputable and reliable forex broker that is worth considering for traders looking for a trustworthy trading partner.
Leverage
Exness offers high leverage of up to 1:2000, which is among the highest in the industry. However, traders should exercise caution when using high leverage as it can increase the risk of losses.
Spreads
Exness offers competitive spreads across all of its account types and trading instruments. The exact spreads offered can vary depending on market conditions and liquidity, but generally, Exness offers some of the tightest spreads in the industry.
Here is an overview of the typical spreads offered by Exness for some of the most popular trading instruments:
Instrument
Typical Spread
EUR/USD
0.1 – 0.9 pips
USD/JPY
0.1 – 0.9 pips
GBP/USD
0.1 – 1.1 pips
Gold
0.15 – 0.65 pips/ounce
Oil
0.03 – 0.05 pips/barrel
It's worth noting that spreads can vary depending on the account type, with tighter spreads typically offered to ECN account holders. Additionally, traders should be aware that spreads can widen during periods of high volatility, such as major news announcements or during times of political or economic uncertainty.
Overall, Exness' competitive spreads make it an attractive option for traders who are looking for low trading costs. However, traders should always consider the other factors involved in choosing a broker, such as regulation, customer support, and trading platforms, before making a decision.
Exness Payment Method
Deposit Methods
Exness provides a variety of deposit methods, including bank wire transfer, credit/debit cards, e-wallets, and local payment methods. The broker does not charge any deposit fees, but clients may be charged by their payment provider.
Make a deposit into Exness broker
Withdrawal Methods
Exness offers a variety of withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets, and local payment methods. The broker processes withdrawals within 24 hours, and there are no withdrawal fees.
Exness Trading Platforms
Exness offers the popular MetaTrader 4 and 5 platforms, as well as the Exness Web Terminal, which is a browser-based platform that does not require any software installation.
Minimum Deposit
The minimum deposit requirement for Exness varies depending on the account type, ranging from $1 for the Mini account to $200 for the Pro account.
Exness Demo Account
Exness offers a demo account for traders who want to practice trading without risking any real money. It is a simulated trading account that uses virtual funds to allow traders to test out the platform and trading strategies in a risk-free environment.
To open an Exness demo account, traders simply need to sign up on the Exness website and select the demo account option. The demo account allows traders to access all the features of the Exness trading platform and try out different trading strategies.
Mobile App
Exness offers a mobile app that allows traders to access their accounts, trade, and manage their positions on-the-go.
Education
Exness offers a variety of educational resources to help traders improve their knowledge and skills in trading. These resources are available for free to all Exness clients and can be accessed through the Exness website or trading platform.
Here are some of the educational resources that Exness offers:
Video tutorials: Exness provides a wide range of video tutorials on various trading topics, such as technical analysis, trading strategies, and risk management. These video tutorials are suitable for both beginner and advanced traders.
Webinars: Exness hosts regular webinars with industry experts to discuss market trends, trading strategies, and other trading-related topics. These webinars are interactive and allow traders to ask questions and get real-time feedback.
Articles and guides: Exness also provides a variety of articles and guides on different trading topics. These resources cover everything from the basics of trading to advanced trading strategies and analysis.
Glossary: Exness has a comprehensive glossary of trading terms that can be useful for traders who are new to trading or need to brush up on their trading vocabulary.
Trading calculators: Exness provides a range of trading calculators, such as pip calculators, margin calculators, and profit calculators. These calculators can help traders make informed trading decisions and manage their risk effectively.
Trading Tools
Exness offers a range of trading tools, including economic calendars, market analysis, and trading signals, to assist traders with their trading decisions and strategies.
Customer Support
Exness provides multilingual customer support through phone, email, live chat, and social media channels. The broker has a reputation for providing responsive and helpful customer support.
Exness Promotions
Exness regularly offers various promotions and bonuses to both new and existing clients. These promotions can include deposit bonuses, cashback offers, and trading contests, among others.
Here are some examples of current promotions that Exness is offering:
Welcome Bonus: New clients who open an account with Exness can receive a bonus of up to 50% on their first deposit. The bonus amount depends on the account type and the deposit amount.
Cashback Bonus: The forex offers cashback bonuses to clients who trade a certain volume within a specified period. The cashback amount depends on the trading volume and the account type.
Trading Contests: The forex regularly hosts trading contests with attractive prizes for the winners. These contests can be based on different criteria, such as the highest percentage gain or the most profitable trades.
Rebate Program: the forex offers a rebate program that allows clients to earn a percentage of their trading volume back as a rebate. The rebate amount depends on the account type and the trading volume.
FAQ's
Is Exness regulated?
Yes, Exness is regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles.
What trading instruments can I trade with Exness?
Exness offers a wide range of trading instruments, including forex, metals, cryptocurrencies, and CFDs on stocks, indices, and commodities.
What account types does Exness offer?
Exness offers four different account types: Cent, Mini, Classic, and ECN. Each account type has different minimum deposit requirements, spreads, and commission fees.
What is the minimum deposit for an Exness account?
The minimum deposit for an Exness account varies depending on the account type. The Cent account requires a minimum deposit of just $1, while the ECN account requires a minimum deposit of $300.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts
OctaFX does not and cannot guarantee the initial capital of the Clients' portfolio or its value at any time or any money invested in any financial instrument.
The Client should unreservedly acknowledge and accept that the client runs a great risk of incurring losses and damages as a result of the purchase and/or sale of any Financial Instrument and accepts and declares that they are willing to undertake this risk.
