Exness Trade Forex Broker

Exness TradeReview SummaryFounded2023-09-27Registered Country/RegionVanuatuRegulationSuspicious CloneMarket InstrumentsFX pairs/Indices/Metals/Shares/CryptoDemo Account✅LeverageUp to 1:500SpreadAs low as 0.3 pipsTrading PlatformAllpips/MT4(IOS/Laptop/PC/Linux/Android)Min Deposit$300Customer SupportEmail: info@ex-nesstrade.comLive chatExness Trade Information Exness Trade is a broker. The tradable instruments include FX pairs, indices, metals, shares, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $300. Exness Trade is still risky due to its suspicious clone status.Pros and ConsPros Cons Leverage up to 1:500Suspicious Clone24/7 customer supportInaccessible official websiteMT4 availableUnclear swap feeSpread as low as 0.3 pipsUnspecific transfer time and fee informationDemo account availableVarious tradable instrumentsIs Exness Trade Legit? Exness Trade is regulated by VFSC with license number 700546, but the current status is 'suspicious clone'.What Can I Trade on Exness Trade? Exness Trade offers a wide range of market instruments, including FX pairs, indices, metals, shares, and crypto.Tradable Instruments Supported FX pairs✔Metals✔Indices✔Shares✔Crypto✔Stocks❌Commodities❌ETFs❌Bonds❌Mutual Funds❌Account Type Exness Trade has four account types: flat, crypto, cent, and standard. Traders who want low spreads can choose flat and crypto accounts, while those with a sufficient budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.Account Type FlatCryptoCentStandardFirst Deposit300 USD/EUR400 USD500 USD/EUR1000 USD/EURTypical Spreads0.040.042.01.2Min. Volume lots0.010.010.010.01Max. Leverage1:5001:5001:5001:500Exness Trade Fees The spread is as low as 0.3 pips and 0% commission. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform Exness Trade cooperates with the authoritative MT4 trading platform available in IOS, Laptop, PC, and Android to trade. Besides, it offers a propriety Allpips trading platform available in IOS, Laptop, PC, and Android Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.Trading PlatformSupported Available Devices Suitable for Allpips✔IOS/Laptop/PC/Linux/Android-MT4✔IOS/Laptop/PC/AndroidExperienced tradersDeposit and Withdrawal The minimum deposit is $300. Exness Trade accepts Visa, Mastercard, Tether, Bitcoin, and Ethereum for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.