Search
Exness Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.exness.c..., the company's legitimate regulatory information United KingdomFCAMarket Maker (MM), CyprusCYSECMarket Maker (MM), South AfricaFSCARetail Forex License, SeychellesFSARetail Forex License to enhance the security of the company's address 9A CT House, 2nd Floor Providence, Mahe, Seychelles

Exness Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
Exness
Abbreviation
Exness
Company employee
--
Customer Service Email Address
support@exness.com
Contact Number
+35725245730
Company address
9A CT House, 2nd Floor Providence, Mahe, Seychelles
Keywords
10-15 years
Regulated in United Kingdom
Regulated in Cyprus
Regulated in South Africa
Regulated in Seychelles
Market Maker (MM)
Retail Forex License
MT4 Full License
MT5 Full License
Global Business

Company profile

Let's start here: Exness is a globally recognized multi-asset broker, operating in over 170 countries, offering a diverse range of tradable assets, including CFDs on currencies, commodities, stocks, indices, and cryptos. With over 1 million active traders a month, Exness is a high-volume broker known for its transparency. Regulated by CySEC, FCA FSCA, and FSA (offshore) in different jurisdictions, Exness adheres to strict financial standards. In this Exness review, we'll explore the broker's offerings in detail to reveal the real exness.Quick Exness Review Founded in2008Registered inCyprusRegulated byCySEC, FCA, FSCA, FSA (Offshore)Market InstrumentsCFDs on forex, commodities, stocks, indices, cryptosDemo Account✅Account TypeStandard, Standard Cent, Pro, Zero, Raw SpreadMin Deposit$10Max Leverage1:Unlimited**based on region and instrumentSpreadFrom 0.2 pips (Standard account)Trading platformMT4/5, Exness Terminal, Exness Trade appSocial Trading✅Payment MethodPerfect Money, Bank Card, cryotocurrencies (USDT, Bitcoin, etc), e-payments (Skrill, Neteller, etc)Customer Support24/7 live chatPros and Cons of ExnessProsConsWide selection of trading instrumentsNo trading bonuses or promotions are offeredEasy-to-use and customizable trading platformsDetailed table of trading conditions on the instrument screenCommission-free and instant deposits and withdrawals from Exness**At Exness, 95% of withdrawals are processed instantly (under 1 minute). It's up to your chosen payment provider to process the funds and credit your account.Educational resources and analysis tools availableMultilingual customer serviceSocial trading feature supportedWhat Type of Broker is Exness? Exness is a leading forex broker founded in 2008 in St. Petersburg, Russia. The company is based in Cyprus and is regulated by the FCA of the UK, CYSEC of Cyprus, FSCA of South Africa and FSA of Seychelles. Exness is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Exness acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that Exness has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. However, Exness‘ historic price data is made available on the company’s website so clients can check if spreads and execution times across the brokers offering match their expectations, or even compare quotes with external data sources.Is Exness Legit? Yes, Exness operates legitimately,regulated by four regulatory authority across four jurisdictions, specifically, FCA in the United Kingdom, CySEC in Crprus, FSCA in South Africa, and FSA in Seychelles. Exness is closely monitored by various government and regulatory bodies in different regions or countries, done to make sure they follow the rules and guidelines that keep financial markets fair and safeguard the interests of clients.Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense NumberFCARegulated Exness (UK) LtdInstitution Forex License730729CYSECRegulated Exness (Cy) LtdMarket Making (MM)178/12FSCARegulated EXNESS ZA (PTY) LTDRetail Forex License51024FSAOffshore RegulatedExness (SC) LtdRetail Forex LicenseSD025 Exness's UK entity, Exness (UK) Ltd, is regulated by tier-one regulator FCA under regulatory number 730729a,holding a license for Market Making (MM). Exness's second entity in Cyprus, regulated by the tier-2 regulator CYSEC under regulatory number 178/12, holding a license for Market Making as well. EXNESS ZA (PTY) LTD in South Africa, regulated by FSCA under regulatory number 51024, holding a license for Retail Forex. Exness's fourth entity in Seychelles, Exness (SC) Ltd is regulated by the offshore regulator FSA under regulatory number SD025, holding a license for retail forex.Market Instruments Exness offers various CFD trading products, covering forex, commodities, stocks, indices, and cryptos. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform. The platforms are highly customizable and offer a wide range of technical analysis tools and resources. The proprietary Exness Terminal and Exness Trade app are also available.Tradble AssetsSupportedForex CFDs✔Commodities CFDs✔Stocks CFDs✔Indices CFDs✔Crypto CFDs✔Bonds❌Options❌ETFs❌Exness Minimum Deposit To start trading with a very small amount of money, you can opt for a Standard Cent account, which requires a minimum deposit of just $10. With a Standard Cent account, you have access to the smallest lot size, known as the cent lot, allowing you to begin trading on various instruments with a margin of only $10. The actual minimum amount required to initiate trading, however, will vary based on several factors, including the account type you choose, the payment method you use for deposits, regional regulations, and the prevailing market conditions. Honestly, Exness's $10 minimum deposit is relatively low when compared to many other brokers in the industry, on the more accessible end of the spectrum, while many brokers set their minimum deposits at $100 or higher. Here is the table showing the comparison of Exness minimum deposit with other brokers:BrokerMinimum Deposit$10$100$200$100Exness Account Types/Fees Apart from risk-free demo accounts, Exness offers standard and professional accounts. The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.Standard Account TypeStandardStandard CentMin Deposit$10Max Leverage1:UnlimitedSpreadFrom 0.2 pipsFrom 0.3 pipsCommission❌ The Pro account is an account that can meet the needs of experienced traders. It features ultra-low spreads, even without spreads. Its execution is suitable for scalpers, day traders and algorithmic traders. The professional account has a minimum deposit of $200.Professional Account TypeProZeroRaw SpreadMin Deposit$200Max Leverage1:UnlimitedSpreadFrom 0.1 pipsFrom 0 pipsCommission❌From $0.05 each side per lotUp to $3.5 each side per lot In addition, Exness provides two social trading account options for strategy providers: Social Standard and Social Pro.Social Account TypeStandardProMin Deposit$10$200Max Leverage1:200SpreadFrom 0.2 pipsFrom 0.1 pipsCommission❌Exness Leverage The maximum leverage offered by Exness is up to 1:unlimited,which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. Therefore, it is essential that traders choose the right amount based on their risk tolerance.Trading Platforms Exness offers traders a comprehensive suite of trading platforms to accommodate various trading needs. Traders can access MetaTrader 5 and MetaTrader 4 on desktop, or utilize the Exness Trade app, MetaTrader 5 mobile, and MetaTrader 4 mobile for on-the-go trading. Additionally, web-based trading is facilitated through the Exness Terminal and MetaTrader WebTerminal, enabling traders to access their accounts and trade directly from their web browsers. Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through Exness VPS.Trading PlatformSupported Available Devices Suitable forMT4✔Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersExness Terminal✔WebAll experience levelsExness Trade app✔MobileAll experience levelsTrading Tools Exness equips traders with a robust suite of trading tools. From staying ahead of economic events with the economic calendar to strategizing with the trading calculator and currency converter, Exness empowers informed decision-making. Additionally, in-depth historical data (tick history) and VPS hosting cater to technical analysis enthusiasts. This comprehensive toolkit empowers traders of all experience levels to analyze market movements and make strategic trading decisions.Deposit and Withdrawal The minimum deposit is around 10 USD, making it affordable for traders who wish to start with a small amount. Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders. Exness offers tailored payment solutions, with regional options dependent on account registration country and global methods accessible universally but requiring account verification. Supported payment modes include bank cards (VISA, Mastercard, Maestro) and electronic systems like Neteller and Skrill. While Exness does not levy fees on electronic payments, users should verify potential charges from their providers. Note that bank card transactions are subject to specific withdrawal protocols, including a priority system for refunds.Payment MethodsMin DepositMin WithdarwalFeesDeposit TimeWithdrawal TimePerfect Money$10$2❌Within 30 minutesWithin 24 hoursBank Card$0Up to 30 minutes7-10 business days$10E-payments (Skrill, Neteller, etc)Within 30 minutes

Rating Index

Raw Spread

Minimum Deposit
$200

Pro

Minimum Deposit
$200
How to login to Exness?
EXNESS Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register an EXNESS Account Opening an account with EXNESS is a straightforward process that allows you to access a wide range of trading opportunities. Below are the detail

  

Exness Forex Broker - Complete Information Guide

  

1. Broker Overview

  Exness is a well-established online trading platform that was founded in 2008. The company operates under the full name Exness (Cy) Ltd, and its headquarters are located in Limassol, Cyprus. Exness is a privately held company, which allows it to maintain a flexible approach to its operations and services. Over the years, Exness has developed a strong reputation in the forex market, catering primarily to retail clients and individual traders across the globe.

  Since its inception, Exness has achieved significant milestones, including reaching a trading volume of over $4 trillion monthly and serving more than 700,000 active traders. The broker has expanded its services to over 130 countries, allowing a diverse clientele to access various financial markets. Exness operates several regional offices, including locations in the United Kingdom, South Africa, Seychelles, Curacao, and Nairobi.

  The business model of Exness is primarily focused on retail forex trading, providing a wide range of instruments, including forex pairs, CFDs on stocks, commodities, and cryptocurrencies. This multi-asset approach allows traders to diversify their portfolios and adapt to changing market conditions. Exness has also established itself as a significant player in the forex industry, thanks to its commitment to transparency, competitive pricing, and user-friendly trading platforms.

  

2. Regulation and Compliance Information

  Exness is regulated by several top-tier financial authorities, ensuring that it operates within the legal frameworks of the jurisdictions in which it operates. The main regulatory bodies overseeing Exness include:

  • Financial Conduct Authority (FCA), United Kingdom (License No. 730729)
  • Cyprus Securities and Exchange Commission (CySEC) (License No. 178/12)
  • Financial Sector Conduct Authority (FSCA), South Africa (License No. 51024)
  • Financial Services Authority (FSA), Seychelles (License No. SD 025)
  • Financial Services Commission (FSC), British Virgin Islands (License No. SIBA/L/20/1133)
  • Central Bank of Curacao and Sint Maarten (CBCS) (License No. 0003 LSI)
  • Capital Markets Authority (CMA), Kenya (License No. 162)

  Exness maintains a robust client fund protection policy by keeping client funds in segregated accounts, ensuring that they are separate from the company's operational funds. This segregation protects clients' assets in case of company insolvency. Additionally, Exness participates in an investor compensation fund, providing coverage of up to €20,000 per client in case of financial distress.

  The broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all client identities are verified and that transactions are monitored for suspicious activity. This commitment to regulatory compliance enhances the overall safety and trustworthiness of Exness as a broker.

  

3. Trading Products and Services

  Exness offers a diverse array of trading products, catering to various trading strategies and preferences. The primary offerings include:

  •   Forex Trading: Exness provides access to over 100 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to capitalize on various market movements.

  •   CFDs on Stocks: Traders can engage in CFD trading on popular stocks, including major companies like Apple, Google, and Tesla.

  •   Commodities: Exness offers CFDs on precious metals such as gold and silver, as well as energy products like crude oil.

  •   Indices: Traders can access CFDs on major global indices, providing exposure to the performance of entire markets.

  •   Cryptocurrencies: Exness supports trading on several cryptocurrencies, including Bitcoin and Ethereum, allowing traders to benefit from the growing digital asset market.

  Exness continuously updates its product offerings, ensuring that traders have access to the latest financial instruments. The broker also provides specialized services for retail clients, including algorithmic trading support and social trading options, which allow traders to copy the strategies of successful investors.

  

4. Trading Platforms and Technology

  Exness supports multiple trading platforms to accommodate the diverse needs of its clients. The primary platforms include:

  •   MetaTrader 4 (MT4): Known for its user-friendly interface and advanced charting capabilities, MT4 is widely used by traders for forex and CFD trading. It allows for automated trading through Expert Advisors (EAs) and offers a variety of technical indicators.

  •   MetaTrader 5 (MT5): As the successor to MT4, MT5 offers additional features, including more order types, advanced analytics, and improved execution speeds. It is particularly suitable for traders looking for a more comprehensive trading experience.

  •   Exness Terminal: This proprietary web-based platform allows traders to access their accounts and trade directly from their browsers without the need for software installation. It supports a wide range of trading instruments and offers real-time market data.

  •   Mobile Trading Apps: Exness provides mobile applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  Exness employs a robust technological infrastructure to ensure fast order execution and minimal latency. The broker's servers are strategically located to facilitate efficient trading conditions, and traders can benefit from API access for automated trading solutions.

  

5. Account Types and Trading Conditions

  Exness offers a variety of account types to cater to different trading styles and preferences. The main account types include:

  •   Standard Account: This account type is suitable for both novice and experienced traders, requiring a minimum deposit of $10. It features competitive spreads starting from 0.3 pips and does not charge any commission on trades.

  •   Standard Cent Account: Ideal for beginners, this account allows trading with cent lots, making it easier to manage risk. The minimum deposit is also $10, and it provides access to essential trading features.

  •   Pro Account: Designed for experienced traders, this account offers lower spreads starting from 0.1 pips and no commission on trades. The minimum deposit for this account is $200.

  •   Zero Spread Account: This account type offers zero spreads on major currency pairs, making it appealing for scalpers and high-frequency traders. It requires a minimum deposit of $200 and charges a small commission.

  •   Raw Spread Account: This account type features ultra-low spreads but includes a commission per trade. The minimum deposit is $200, and it is suitable for professional traders seeking the best pricing options.

  Exness provides a demo account option for all account types, allowing traders to practice their strategies without any financial risk. The leverage offered by Exness can go up to 1:2000, depending on the account type and trading instrument, which provides traders with the opportunity to amplify their trading potential.

  

6. Fund Management

  Exness offers a variety of deposit and withdrawal methods to ensure a seamless funding experience for its clients. The available deposit methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets: Such as Skrill, Neteller, and Perfect Money.
  • Cryptocurrencies: Including Bitcoin and Tether.

  The minimum deposit requirement varies by account type and payment method, with some accounts allowing deposits as low as $1. Most deposits are processed instantly, ensuring that traders can start trading without delay.

  Withdrawals can be made using the same methods as deposits, and Exness does not charge any withdrawal fees. However, processing times vary depending on the method used. E-wallet withdrawals are typically processed within seconds, while bank transfers may take up to 3-5 business days.

  Exness maintains a transparent fee structure, with no hidden fees for deposits or withdrawals. This commitment to clear pricing enhances the overall trading experience for clients.

  

7. Customer Support and Educational Resources

  Exness provides comprehensive customer support to assist traders with any inquiries or issues they may encounter. The support channels include:

  • Live Chat: Available 24/7 for immediate assistance.
  • Email Support: Clients can reach out via support@exness.com, with a typical response time of 24 hours.
  • Phone Support: Available for urgent matters, with contact numbers provided for various regions.

  The broker offers support in multiple languages, including English, Chinese, Thai, Arabic, and several others, ensuring accessibility for a diverse clientele.

  In terms of educational resources, Exness provides a range of materials, including articles, tutorials, and market analysis. However, there is room for improvement in expanding educational offerings, particularly for beginner traders. The broker has a dedicated learning center that covers various trading topics, but more advanced content and interactive elements could enhance the learning experience.

  

8. Regional Coverage and Restrictions

  Exness operates globally, providing services to traders in over 130 countries. However, there are specific regions where Exness does not accept clients due to regulatory restrictions. These include:

  • United States
  • Canada
  • Australia
  • United Kingdom
  • Iran
  • North Korea
  • Several countries in Europe (e.g., Austria, Belgium, France, Germany, etc.)

  Exness is committed to adhering to local laws and regulations in each jurisdiction, ensuring that traders can operate within a compliant framework. The broker's regional offices help facilitate this commitment, providing localized support and services to clients.

  In conclusion, Exness stands out as a reputable and reliable forex broker, offering a diverse range of trading products and competitive conditions. With its strong regulatory framework, advanced trading platforms, and commitment to client security, Exness is well-positioned to meet the needs of traders worldwide. Whether you are a novice or an experienced trader, Exness provides the tools and resources necessary to succeed in the financial markets.

Exness Similar Brokers

Regulated
Shin
Having a license
7.98
Score
Regulated
GMI
GMI Forex Broker - Complete Information Guide   1. Broker Overview   Global Mark
7.50
Score
Regulated
XM
Having a license
9.10
Score
Regulated
OANDA
Having a license
8.50
Score
Regulated
Akatsuki
Having a license
7.98
Score
Revoked
IB
No license plate
8.20
Score
Regulated
AXEL
Axel Forex Broker - Complete Information Guide   1. Broker Overview   Axel Priva
8.34
Score
Regulated
Invesco
Invesco Forex Broker - Complete Information Guide   1. Broker Overview   Invesco
7.75
Score
Regulated
eToro
Having a license
7.81
Score
Regulated
WESTERN
Western Forex Broker - Complete Information Guide   1. Broker Overview   Western
7.88
Score
Offshore Regulated
FBS
Having a license
8.79
Score
Regulated
Vantage
Having a license
8.66
Score
Regulated
AIMS
Having a license
8.58
Score
Regulated
MONEX
Having a license
7.98
Score
Regulated
HFM
Having a license
7.82
Score
Unsubscribed
ALB
ALB Forex Broker - Complete Information Guide   1. Broker Overview   ALB Limited
7.77
Score
Regulated
AXA
AXA Forex Broker - Complete Information Guide   1. Broker Overview   AXA, offici
7.21
Score
Offshore Regulated
Tradu
Having a license
7.52
Score
Regulated
MCP
MCP Forex Broker - Comprehensive Information Guide   1. Broker Overview   MCP, o
7.98
Score
Regulated
MTF
Having a license
7.71
Score
Regulated
CMB
Having a license
7.16
Score
Regulated
PFD
PFD Forex Broker - Complete Information Guide   1. Broker Overview   Pacific Fin
6.22
Score
Regulated
Earn
Having a license
7.06
Score
Regulated
GIB
Having a license
6.73
Score
Regulated
Point72
Having a license
7.16
Score
Regulated
SBI
Having a license
8.10
Score
Offshore Regulated
XS
XS Forex Broker - Complete Information Guide   1. Broker Overview   XS Group, op
6.05
Score
Regulated
Daiwa
Having a license
8.10
Score
Regulated
ICBC International
Having a license
7.46
Score
Regulated
Citadel Securities
7.13
Score
Regulated
J.P. Morgan
7.58
Score
Regulated
OFX
Having a license
8.10
Score
Offshore Regulated
WINGO
Having a license
5.72
Score
Regulated
Shikoku
Shikoku Forex Broker - Complete Information Guide   1. Broker Overview   Shikoku
7.91
Score
Regulated
Aden
Having a license
6.92
Score
Exness Forex Broker has an overall rating of 9.01, Regulatory Index 8.80, License Index 8.84, Business Index 8.75, Software Index 9.99 Risk Control Index 8.90.