Exness is an award-winning broker established in 2008 in Cyprus and the United Kingdom. Exness provides global clients with tailored financial services and investment solutions in addition to vast trading opportunities for both retail, corporate solutions, and partnerships.
Exness is headquartered in Limassol and has between 500 to 1000 employees.
Overall Rating
4.9/5
Rated #2 of
Recommended FX Brokers
Min. Deposit
USD 10.00
Regulators
FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius)
📱 Trading Desk
MetaTrader 4, MetaTrader 5
₿ Crypto
Yes
📈 Total Pairs
107
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
Is Exness Regulated?
Yes, Exness is regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the Financial Conduct Authority (FCA) in the United Kingdom.
As a result of its regulation and authorization, according to Exness’s website, the broker is also in possession of a cross-border license that allows it to provide investment and other ancillary services.
Exness, through its strict regulation through reputable entities such as CySEC and the FCA, can guarantee the safety of client funds. Funds are kept in segregated accounts with top-tier international banks, separate from Exness’s own funds.
Is Exness Regulated in the United States?
No, Exness is not regulated in the United States.
Is Exness Regulated in Europe?
Yes, Exness is regulated in Europe by the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Is Exness regulated in a Tier-1 Jurisdiction?
Tier-1 jurisdiction provides Exness with the ability to provide services in the following jurisdictions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.
According to the Exness official website, Exness is regulated under Tier-1 jurisdiction.
Is Exness regulated in Tier-2 Jurisdiction?
Tier-2 Jurisdiction allows Exness to provide services in British V.I., Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.
With CySEC regulation, as per the official website, Exness has Tier-2 Jurisdiction.
What are the Platforms and Tools for Forex Trading in Exness?
Exness offers forex traders access to MetaQuotes’ popular and reliable MetaTrader 4 and MetaTrader 5 trading platforms that can be used on web browsers, desktops that run on Linux, Windows, and macOS, and mobile devices with Android or iOS.
- Exness’ MetaTrader 4 is the most popular trading platform being used in the trading community across several asset classes by both beginner and professional forex traders. With MetaTrader 4, forex traders have access to 3 execution modes, a variety of order types, 9 timeframes, 23 analytical objects, and 30 technical indicators.
- In conjunction with Exness, MetaTrader 5 is the updated, more robust version of MetaTrader 4 that offers forex traders more flexibility and more capabilities than the previous version. MetaTrader 5 is a flexible trading system that offers 21 time-frames, 80 technical indicators, and analytical tools which includes graphic objects, allowing forex traders to conduct detailed analysis on quote dynamics.
Does Exness Have a News Blog for Forex News?
Yes. Exness features a news blog for forex news available on the official Exness website. The Exness news blog consists of the latest news articles that can be used for intricate and detailed fundamental analysis, allowing forex traders to make improved trading decisions.
Does Exness Have a Traders Dashboard?
Yes, the forex traders Dashboard from Exness Financial Services Limited provides forex traders with an in-depth overview and analysis of the current market and what could be expected.
Does Exness Have an Educational Section?
Yes, Exness has an education system for Forex forex traders. To join the Exness Education System, forex traders must register on the official website to become a member of Exness.
There is no fee to become a member on the Exness website and Exness offers forex traders a training academy consisting of the sections and lessons below.
What is the content of Exness Forex Education?
Trading Essentials which have the following videos and articles:
- “Introduction to trading”.
- “Markets and Terminology”.
Trading Development contains the following:
- “Introduction to management of risk”.
- “How and why to diversify”.
- “Five habits of good forex traders”.
- “forex traders at the weekend”.
The Breakthrough section contains the following:
- “Charting and technicals”.
- “Fundamentals”
- “Strategic Trading”
- “Case Studies”
By making use of the Exness educational section, beginners can start their forex journey and more seasoned forex traders can ensure that they keep informed.
Is Exness Legit?
Yes, Exness is a legit Forex Broker as well as a trading platform with FCA and CySEC regulation and authorization to provide forex broker and trading services.
Is Exness Safe?
According to a Forex Suggest review, Exness is a reliable and safe forex trade platform in terms of regulation, authorization, and the provision of a safe trading environment. Exness is regulated in several global jurisdictions, as described below:
- The FCA, which regulates Exness in the United Kingdom.
- CySEC, which regulates Exness in the cross-border European Economic Area and in Cyprus.
As per the requirements of these regulatory entities, Exness keeps client funds in segregated accounts with top-tier banks.
Overall Rating
4.9/5
Rated #2 of
Recommended FX Brokers
Min. Deposit
USD 10.00
Regulators
FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius)
📱 Trading Desk
MetaTrader 4, MetaTrader 5
₿ Crypto
Yes
📈 Total Pairs
107
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
Is Exness a Good Broker?
Yes. According to the Forex Suggest review, for security, trading speed, online support, and cryptocurrencies, Exness is a good broker.
- In terms of trading speed, most trades are filled from 10 milliseconds and Exness has a typical monthly trading volume of 325.8 billion USD.
- In terms of security, Exness makes use of stringent security protocols to ensure a safe trading environment. Client information and data are encrypted through SSL and two-factor authentication for any changes made to trading accounts.
- As far as online support is concerned, Exness can be reached through ICQ, Yahoo Messenger, WeChat, Telegram, and Live Chat.
- Exness offers the following cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Ripple that can be traded against Fiat currencies as CFDs.
What is the Offering of Investment in Exness?
Offerings of Exness can be found below.
| Feature | Exness |
| Forex Trading | Yes |
| CFDs | Yes |
| Forex Pairs | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (CFD) | Yes |
| Social Trading | Yes |
Does Exness have Nasdaq?
The Nasdaq is a United States-based stock exchange that is dominated by top technology stocks.
Exness has Nasdaq according to the official Exness website. As a Nasdaq owner, Exness offers forex traders with the trade on Nasdaq by offering CFD shares on indices.
What are the Awards of Exness?
Forex Trading Platform Exness’s awards are listed below.
- Best Trading Account – TradeForexSA – 2020
How to Use Exness for Forex trading?
To use Exness, a forex trader should have the necessities below:
- A copy of their national Identity Book or Card or a copy of their passport.
- They must be 18 years or older.
- They must have proof of their residential address that is not older than 3 months.
- A minimum deposit amount of $500 when registering a Raw Spread, Zero, or Pro Account.
If a forex trader complies with the conditions listed above, they can open a forex trading account with Exness.
How to open a Forex trader account with Exness?
To open a Forex Trading Account with Exness, a trader should follow the steps below.
- Navigate to the Exness official website and select the option to register an account.
- Complete the required fields under the “New Account” section and provide some general and personal information.
- Next, select the account type, leverage ratio, and base currency.
- Lastly, forex traders must verify their trading account by providing their ID document and proof of residential address.
Account approval may take up to 24 hours from when the application is submitted. forex traders will receive confirmation via email once the account has been verified.
What are the Forex Trader Account Types with Exness?
Forex Trading Platform and Financial Asset Management Institution Exness offer several different account types. The Exness account types are listed below.
-
Standard Account
-
Standard Cent Account
-
Raw Spread Account
-
Pro Account
-
Zero Account
-
Demo Account
-
Islamic/Swap-free Account
1. Standard Account
The Standard Account can be opened either on MetaTrader 4 or MetaTrader 5 and is the most popular trading account that caters to all types of forex traders. The features on this account are as follows:
- No minimum deposit required.
- Unlimited leverage ratio on MetaTrader 4, 1:2000 on MetaTrader 5.
- Access to forex pairs, metals, cryptocurrencies, energies, indices.
- Commission-free trading.
- Floating spreads from 0.3 pips.
- Micro-lot trading from 0.1 lots.
- Maximum lot size of 200 between 7 am and 9 pm GMT+0 and 20 lots from 9 pm to 7 am GMT+0.
- Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies.
- Margin call of 60% and stop-out level of 0%.
- Market execution.
- The option to convert the account to an Islamic/Swap-free account.
2. Standard Cent Account
The Standard Cent Account caters specifically to beginner forex traders who are learning to trade and for more experienced forex traders who wish to test out their strategies in a low-risk environment.
The features of the Standard Cent Account is as follows:
- No minimum deposit required.
- Unlimited leverage.
- Access to MetaTrader 4 as the trading platform.
- Access to forex pairs and metals.
- Commission-free trading.
- Floating spreads from 0.3 pips.
- Micro-lot trading from 0.1 lots.
- Maximum lot size of 200 and a maximum of 1,000 positions.
- Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies.
- Margin call of 60% and stop-out level of 0%.
- Market execution.
- The option to convert the account to an Islamic/Swap-free account.
3. Raw Spread Account
The Raw Spread Account caters to forex traders who want the tightest spreads and the fastest execution speeds to add a competitive edge to their trading. The features of this account are as follows:
- Minimum deposit requirement of $500.
- Unlimited leverage ratio on MetaTrader 4, 1:2000 on MetaTrader 5.
- Access to forex pairs, metals, cryptocurrencies, energies, indices.
- Commissions up to $3.5 per side.
- Floating spreads from 0.0 pips.
- Micro-lot trading from 0.1 lots.
- Maximum lot size of 200 between 7 am and 9 pm GMT+0 and 20 lots from 9 pm to 7 am GMT+0.
- Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies.
- Margin call of 30% and stop-out level of 0%.
- Market execution.
- The option to convert the account to an Islamic/Swap-free account.
4. Pro Account
The Pro Account is tailored to the trading needs and objectives of professional forex traders who need the best trading conditions and more sophisticated tools, materials, and resources to make informed trading decisions.
The features of the Pro Account are as follows:
- Minimum deposit requirement of $500.
- Unlimited leverage ratio on MetaTrader 4, 1:2000 on MetaTrader 5.
- Access to forex pairs, metals, cryptocurrencies, energies, indices.
- Commission-free trading.
- Floating spreads from 0.1 pips.
- Micro-lot trading from 0.1 lots.
- Maximum lot size of 200 between 7 am and 9 pm GMT+0 and 20 lots from 9pm to 7am GMT+0.
- Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies.
- Margin call of 30% and stop-out level of 0%.
- Market execution.
- The option to convert the account to an Islamic/Swap-free account.
5. Zero Account
The Zero Account caters to both beginners and professionals who want the best trading conditions at the most competitive pricing. The features that forex traders can expect include:
- No minimum deposit required.
- Unlimited leverage ratio on MetaTrader 4, 1:2000 on MetaTrader 5.
- Access to forex pairs, metals, cryptocurrencies, energies, indices.
- Commissions from $3.5 per side.
- Floating spreads from 0.0 pips.
- Micro-lot trading from 0.1 lots.
- Maximum lot size of 200 between 7 am and 9 pm GMT+0 and 20 lots from 9 pm to 7 am GMT+0.
- Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies.
- Margin call of 30% and stop-out level of 0%.
- Market execution.
6. Demo Account
Exness offers forex traders with the option to register a demo account to test out what the broker offers, for use as a practice account to new forex traders, or to test out strategies in a risk-free environment before forex traders apply them in a live environment where their capital is at risk.
7. Islamic/Swap-Free Account
Exness offers Muslim forex traders the option of converting their Standard, Standard Cent, Raw Spread, and Pro Account to a Swap-free or Islamic Account. This exempts Muslim forex traders from the swap, overnight, or rollover fees that are considered interest, which is prohibited by Sharia Law.
Overall Rating
4.9/5
Rated #2 of
Recommended FX Brokers
Min. Deposit
USD 10.00
Regulators
FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius)
📱 Trading Desk
MetaTrader 4, MetaTrader 5
₿ Crypto
Yes
📈 Total Pairs
107
Islamic Account
Yes
Trading Fees
Low
🕒 Account Activation Time
24 Hours
🏛️ Visit Broker
How to Withdraw Money from Exness?
To withdraw money from Exness, the following should be done:
- Log in to your Exness Personal Area and select the option to withdraw funds.
- Choose your payment method and provide the trading account number where funds are being withdrawn from, the profile, currency, and the amount to be withdrawn before proceeding.
- When making a withdrawal, you may only withdraw to your personal account.
- There may be fees charged by the payment provider for processing the transaction.
- Payments to third parties are prohibited.
- Exness cannot be held liable for any processing delays on withdrawals.
- The processing time is subjected to change without prior notification.
- Exness reserves the right to place limits on payment systems that are available to certain clients from specific countries.
- Exness reserves the right to investigate, cancel, and/or impose fees and/or charges on any withdrawal request from an account that has a lack of trading activity.
How many days do deposits take with Exness?
Deposits with Exness can be instant or take up to five business days.
What are the costs and fees with Exness?
There are two types of costs and fees with Exness namely trading and non-trading fees. Both trading and non-trading fees are charged for forex users.
Trading fees that are charged are spreads, commissions, and swaps. The spread is the difference between the bid and asks price which is expressed in pips. Commissions are charged as a flat rate either per side, per round turn, or per a certain volume traded.
Swap fees are charged on financial instruments that where short and/or long positions are kept open for longer after the trading day has concluded. Margin requirements serve as collateral for the trade and forex traders must meet the margin requirement before they can execute a trade.
Exness charges forex traders with spreads, commissions, and swap fees according to the financial instrument they trade in addition to the market conditions experienced and the account type the trader uses.
Non-trading fees are costs such as deposit and withdrawal fees, inactivity fees, account management, and maintenance fees, and others. Exness does not charge deposit fees but withdrawal fees of $1 are charged on Skrill where the withdrawal amount is less than $200.
Exness does not charge any inactivity fees or any other non-trading fees.
What are the Trading Fees with Exness?
Trading fees are charged only when forex traders open and close positions. These fees are compensation for using Exness’s brokerage services and solutions.
The Forex Trading Fees with Exness are below.
Exness Standard Account Fees:
- Spreads: from 0.3 pips.
- Commissions: $0
- Swap rates: long swap of -0.38588 and short swap of 0.10425 on EUR/USD.
- Margin Requirement of 0.05% on EUR/USD after applying leverage of 1:2000.
Exness Standard Cent Account Fees:
- Spreads: from 0.3 pips.
- Commissions: $0
- Swap rates: long swap of -0.38588 and short swap of 0.10425 on EUR/USD.
- Margin Requirement of 0.05% on EUR/USD after applying leverage of 1:2000.
Exness Raw Spread Account Fees:
- Spreads: from 0.0 pips.
- Commissions: up to $3.5
- Swap rates: long swap of -0.38588 and short swap of 0.10425 on EUR/USD.
- Margin Requirement of 0.05% on EUR/USD after applying leverage of 1:2000.
Exness Zero Account Fees:
- Spreads: from 0.0 pips.
- Commissions: from $3.5 per side.
- Swap rates: long swap of -0.38588 and short swap of 0.10425 on EUR/USD.
- Margin Requirement of 0.05% on EUR/USD after applying leverage of 1:2000.
Exness Pro Account Fees:
- Spreads: from 0.1 pips.
- Commissions: $0
- Swap rates: long swap of -0.38588 and short swap of 0.10425 on EUR/USD.
- Margin Requirement of 0.05% on EUR/USD after applying leverage of 1:2000.
What is the minimum deposit in Exness?
According to the official website, the minimum deposit in Exness is $0 for the Standard, Standard Cent, and Raw Spread Account, and $500 for the Zero and Pro Account.
What are the contract specifications in Exness?
| Feature | Exness |
| Forex Trading | Yes |
| CFDs | More than 1,000 |
| Forex Pairs | 110 |
| Cryptocurrency (Physical) | 0 |
| Cryptocurrency (CFD) | 3 |
| Social Trading | Yes |
Does Exness have promotional offers?
Yes, Exness Trade and Exchange Platform has promotional offers for both existing and new forex trading account owners. These promotional offers are listed below.
- Deposit Bonus
- LotBack Exness Bonus
Does Exness have a welcome bonus?
No, Exness does not have a welcome bonus. According to the Exness website, Exness does not offer a welcome bonus and there are no plans to offer such a bonus in the future.
Does Exness have a deposit bonus?
Yes, Exness offers a 10% deposit bonus.
The deposit bonus is measured as a percentage of the net deposit, which is the amount that remains on balance after the initial deposit and the first withdrawal. Based on this amount, forex traders will receive a 10% deposit bonus.
Is there a commission-free trade bonus in Exness?
No, Exness does not offer forex traders a commission-free trade bonus. However, Exness offers commission-free trading on some trading accounts.
The Exness official website does not indicate any past commission-free trade bonuses and there are no announcements of such a bonus in the future.
Is there a VIP bonus in Exness?
No, Exness does not offer a VIP bonus. The Exness official website does not indicate that such a bonus has ever been offered and does not provide information on whether it is in planning for the future.
Can you start trading with no money at Exness?
No, you cannot start trading with no money at Exness. Even though Exness does not have a minimum deposit requirement for the Standard and Standard Cent Account, to execute trades, forex traders must deposit enough funds to cover the margin requirement of 0.05% (after applying leverage of 1:2000).
How does leverage work with Exness?
Leverage is a useful tool offered by brokers, allowing forex traders to open larger trade positions that could amplify their potential profits. Even though it is useful, leverage can also increase the chances of loss that may exceed the initial deposit of the trader.
Forex traders can choose their leverage ratio when they register an account with Exness. Alternatively, forex traders can log into their personal area, select “accounts”, access the account settings, and select the option to “change leverage” from the dropdown.
Where are the headquarters of Exness?
Exness is headquartered in Limassol, Cyprus.
Who is Exness’s CEO?
The CEO of Exness is David Morris who has held the position since March 2016. David Morris received his Bachelor of Arts (BA) in Economics and Public Policy from the Leeds Metropolitan University in 1992 after graduating from the John Lyon School in 1988.
What are the social media accounts of Exness?
Forex traders can follow Exness on the following social media accounts:
- YouTube
How many employees do work for Exness?
There is no official statement declaring the exact staff compliment for Exness, however, as a result of the operation and business size of the broker, staff compliment can range between 500 to over 1000 employees.
What are the opinions about Exness?
Exness is a reputable, reliable, and popular forex and CFD broker that is used by thousands of forex traders and praised for its comprehensive trading solutions. Exness offers both beginners and professionals some of the best, most transparent trading conditions and ensures that client funds are kept secure.
What are Exness Contests?
Exness does not run any contests.
Brokers often hold forex contests to offer forex traders the chance to gain additional profits from contest winnings. There is no record that Exness has ever held any contests and there are no announcements that would suggest that there are contests being planned.
Does Exness have online support?
Yes, Exness offers online support for forex trade account users through the Live Chat function. Replies are typically provided within a few minutes and support is available 24 hours a day, 7 days a week.
Does Exness offer demo accounts for Forex trading?
Yes, Exness offers a free demo account for all new forex traders. The demo account can be opened with the following steps:
- Visit the official Exness website and provide basic details on the right-hand side of the page namely country of residence, email address, and a user-selected password.
- Sign in to the personal area and select the “Demo” account banner that will switch on Demo mode.
- Once in demo mode, the trader can use virtual funds to practice trading in a risk-free environment.
Does Exness have a mobile app for Forex trading?
Yes, Exness offers the Direct App for Android and iOS.
The Exness mobile app offers forex traders access to instant deposits and withdrawals, a user-friendly terminal, real-time rates, and 24/7 customer support.
The Exness mobile app is specifically designed for forex traders who want to take their trading wherever they go to allow them to harness trading opportunities at any given time, from anywhere in the world.
Does Exness publish an economic calendar?
Exness offers an economic calendar.
An economic calendar is one of the most crucial trading tools available. It allows for forex traders to stay up to date with current and upcoming events that may influence prices across a variety of financial markets.
On the Exness economic calendar, forex traders can view various events such as interest rate decisions, GDP announcements, NFP numbers, and numerous others. forex traders can view past, current, and upcoming events with ease, allowing them to make more informed decisions, and helping them prepare for an event that may affect their trading.
What is the communication information of Exness?
Exness has one main telephone number and one main business address.
Exness’ main telephone number: +84 2444 581 956
Exness’ main business address: 1 Siafi Street, PORTOBELLO, Office 401, Limassol, Cyprus.
