Exness, a standout name in the forex industry, has been consistently growing since its inception in 2008. This broker is recognized for its stringent regulatory compliance, being governed by top-tier authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).
Delving into Exness reveals a robust and rapidly expanding user base. By 2019, Exness had attracted over 80,000 active traders, highlighting its strong market presence and appeal. The broker's impressive monthly trading volume, reaching $325.8 billion, underscores its significant role in the global forex market.
At Exness, traders can explore a world of possibilities with minimal barriers to entry. The broker requires just a $1 minimum deposit, offering a generous leverage of up to 1:200. With access to over 107 currency pairs, traders enjoy unmatched flexibility. Exness also provides direct access to the popular MT4/MT5 platforms, along with a wide range of additional features, ensuring a superior trading experience tailored to diverse needs.
Exness Account Types Overview
Account Type | Min. Deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Commission per Trade | Max. Lot Size per Trade | Min. Lot Size per Trade |
Standard Account | Varies by payment method | 1 | From 0.2 pips | Yes | Yes | No commission | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 0.01 |
Standard Cent Account | Varies by payment method | 1 | From 0.3 pips | Yes | Yes | No commission | 200 | 0.01 |
Raw Spread Account (Pro) | $200 | 1 | From 0 pips | Yes | Yes | Up to $3.50 each side per lot | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 0.01 |
Zero Account (Pro) | $200 | 1 | From 0 pips | Yes | Yes | From $0.2 each side per lot | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 0.01 |
Pro Account (Pro) | $200 | 1 | From 0.1 pips | Yes | Yes | No commission | 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) | 0.01 |
Social Standard Account | $500 | 1:200 | From 1 pip | Yes | Yes | No commission | 400 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) (includes strategy's volume) | 0.01 |
Social Pro Account | $2,000 | 1:200 | From 0.6 pips | Yes | Yes | No commission | 400 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) (includes strategy's volume) | 0.01 |
Exness Trading Platforms, Fees & Regulation Overview
Trading Platforms: Exness supports two of the most recognized and powerful trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are well-known for their advanced features, reliability, and extensive user base. Additionally, Exness offers web-based versions of MT4 and MT5, allowing traders to access their accounts from any browser without needing to install software.
- Web Trader Platforms: The web-based platforms offer MT4 and MT5 functionality but may have limited customization options compared to desktop versions. The absence of third-party add-ons also restricts the ability to further enhance these platforms.
- Mobile Trading: With the rise of mobile device usage, Exness has ensured that traders can take advantage of mobile trading. Their mobile apps for MT4 and MT5 provide full access to over 200 tradable assets, real-time alerts, and 24/7 support. Mobile trading is particularly appealing given the significant increase in mobile users, making it a convenient option for traders on the go.
Fees: Exness is known for offering a competitive fee structure with no hidden charges. They aim to keep trading costs low, which is particularly advantageous for traders looking to maximize their returns.
Regulation: Exness operates under the stringent oversight of multiple top-tier regulators, ensuring a safe and compliant trading environment:
- CySEC (Cyprus Securities and Exchange Commission)
- FSA (Financial Services Authority of Seychelles)
- FCA (Financial Conduct Authority of the UK)
These regulatory bodies ensure that Exness adheres to the highest industry standards, protecting traders' funds and ensuring transparent operations.
Features | Details |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Trader |
Mobile Trading | Yes – via MT4 and MT5 apps, with full access to trading features |
Regulation | CySEC, FSA, FCA |
Fees | No hidden fees, competitive trading costs |
Add-Ons | Limited customization, no third-party add-ons |
This comprehensive setup ensures that Exness caters to a wide range of trading needs, from desktop to mobile, with a solid regulatory foundation to provide peace of mind.
Tradable Instruments: Exness is dedicated to offering a diverse and comprehensive range of trading assets to its users, ensuring that traders have access to a variety of markets and opportunities. This approach empowers traders across the globe by providing them with the necessary tools to navigate the trading landscape effectively.
Exness Top Features
Here's a closer look at the instruments available:
- Forex: Exness provides access to an extensive range of currency pairs, with up to 107 different pairs available for trading. This allows traders to engage in the dynamic forex market with a wide selection of major, minor, and exotic pairs.
- Stocks and Indices: Exness offers more than 81 stocks and indices, giving traders the opportunity to invest in various markets. This includes major global stocks and indices, providing a broad spectrum of options for those interested in equity markets.
- Cryptocurrencies: In line with the digital revolution, Exness offers the ability to trade popular cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), and Ethereum (ETH). This allows traders to take part in the rapidly growing cryptocurrency market.
- Metals and Energies: Exness also provides trading opportunities in commodities, particularly metals and energies. Traders can explore precious metals like gold, silver, platinum, and palladium, as well as energy assets, broadening their trading horizons.
Exness is committed to ensuring that traders have access to a comprehensive array of trading instruments, helping them capitalize on a variety of market opportunities and diversify their portfolios.
Trading Instruments | Details |
Forex | 107 currency pairs available |
Stocks and Indices | Over 81 stocks and indices |
Cryptocurrencies | Includes BTC, XRP, LTC, ETH |
Metals and Energies | Trade gold, silver, platinum, palladium, and energy assets |
Exness’s diverse offering ensures that traders are equipped with all the tools they need to succeed in various financial markets.
Exness Compliance & Regulation
Exness is a leading forex brokerage that places a strong emphasis on safety and security, ensuring that traders' funds and activities are well-protected. The brokerage is regulated by some of the most stringent financial authorities, providing a high level of trust and assurance.
Key Regulatory Bodies:
- Cyprus Securities and Exchange Commission (CySEC):
Exness is regulated by CySEC in Cyprus, which is known for its stringent regulatory standards. CySEC ensures that Exness adheres to strict financial and operational requirements, safeguarding traders' interests. - Financial Conduct Authority (FCA):
In the United Kingdom, Exness is regulated by the FCA, a top-tier financial regulatory authority. The FCA's oversight ensures that Exness operates transparently and in compliance with the highest standards of financial regulation. - Additional Compliance Measures:
- Segregated Reports: Exness provides segregated financial reports, enhancing transparency and ensuring that client funds are kept separate from the company's operational funds.
- Annual Reports: The brokerage also publishes annual reports, demonstrating its commitment to accountability and providing insights into its financial health and operations.
Global Regulatory Framework: Exness operates under different regulatory frameworks across various continents. For instance, in Europe, the broker is regulated by CySEC, while in the UK, it is regulated by the FCA. This global regulatory approach allows Exness to cater to traders worldwide while maintaining a strong focus on compliance and security.
Choosing Exness as your trading partner means that you are placing your trust in a broker that prioritizes the safety of your capital. With its robust regulatory framework, you can trade with confidence, knowing that your funds are secure.
Regulatory Body | Region | Role |
CySEC | Cyprus, Europe | Ensures strict financial and operational compliance. |
FCA | United Kingdom | Regulates Exness in the UK, ensuring transparency and adherence to high standards. |
Additional Measures | Global | Segregated and annual reports to enhance transparency and trust. |
Exness’s commitment to adhering to top-tier regulatory standards across different regions reinforces its position as a trustworthy and secure broker in the global financial market.
Exness Service Details
Exness is committed to providing a comprehensive trading environment that is both accessible and equipped with advanced features to support traders of all levels.
Service Feature | Details |
Supported Languages | English, Chinese, Thai, Vietnamese, Arabic, Bengali, Hindi, Urdu |
Customer Service Channel | Live Chat |
Service Hours | 24/7 |
Email Support | support@exness.com |
One-Click Trading | Yes |
Stop Order | Yes |
Limit Order | Yes |
Trade off Charts | Yes |
Market Order | Yes |
24-Hour Trading | Yes |
Email Alerts | Yes |
Trailing Stop Order | Yes |
Charting Package | Yes |
Mobile Alerts | Yes |
OCO Orders | Yes |
Streaming News Feed | Yes |
Exness’s commitment to customer service and its array of trading tools highlights its dedication to providing a supportive and dynamic trading environment.
Exness Pricing and Account Types
Exness offers a variety of account types tailored to meet the diverse needs of traders, whether you're a beginner or a seasoned professional. Each account type is designed to provide specific benefits and features that cater to different trading styles and preferences. Here’s an overview:
Account Types:
- Micro Account:
- Ideal for Beginners: The Micro Account is perfect for those new to trading, allowing them to start with smaller lot sizes.
- Competitive Spreads: Enjoy favorable trading conditions with competitive spreads, making it easier to manage costs.
- Lot Sizes: The account is designed for smaller trades, which is ideal for beginners who want to learn the ropes without risking significant capital.
- Standard Account:
- For Experienced Traders: This account is geared towards more experienced traders who are looking for a more comprehensive trading experience.
- Access to More Instruments: The Standard Account offers access to a wider range of trading instruments, including forex, commodities, indices, and more.
- Additional Features: Traders can take advantage of more advanced features and tools, enhancing their trading strategies.
- Raw Spread Account:
- Direct Market Access: The Raw Spread Account is suitable for advanced traders who require direct access to market liquidity.
- Tight Spreads: Enjoy some of the tightest spreads available, starting from 0 pips, making it ideal for high-frequency and professional traders.
- Transparency: This account type offers greater transparency with clear pricing and no markups on spreads.
Account Type | Target Audience | Features |
Micro Account | Beginners | Small lot sizes, competitive spreads |
Standard Account | Experienced Traders | Access to a wide range of instruments, additional features |
Raw Spread Account | Advanced Traders | Direct market access, tight spreads, transparency |
Exness’s diverse range of account types ensures that traders of all experience levels can find an account that suits their needs. Whether you're just starting or you're a professional looking for the best trading conditions, Exness has an option for you.
Deposit and Withdrawal Options with Exness
Exness ensures that traders experience seamless and efficient financial transactions, whether depositing or withdrawing funds. The platform offers a variety of methods to accommodate different preferences, making it easy for traders to manage their accounts without complications.
Available Deposit and Withdrawal Options:
- Web Money:
- A widely used e-wallet service that allows for quick and secure transactions.
- Credit/Debit Cards:
- Types: Supports all major cards including Visa, MasterCard, and other credit/debit cards.
- Direct Bank Transfer:
- Method: Transfer funds directly from your bank account to your Exness account.
- Neteller:
- A popular e-wallet option that provides fast and secure transfers.
- Skrill:
- Another widely accepted e-wallet, known for its convenience and security.
- Perfect Money:
- Offers secure and efficient transaction services, particularly popular in certain regions.
Note: During the withdrawal process, a small fee may be deducted, depending on the net amount. This fee is determined by the transaction value. It is also essential to ensure that the chosen payment method adheres to Anti-Money Laundering (AML) regulations.
Method | Type | Key Features |
Web Money | E-Wallet | Quick, secure transactions |
Credit/Debit Cards | Visa, MasterCard, and others | Supports all major credit and debit cards |
Bank Transfer | Direct Transfer | Secure transfer from bank account |
Neteller | E-Wallet | Fast, secure transfers |
Skrill | E-Wallet | Convenience and security |
Perfect Money | E-Wallet | Secure and efficient transactions |
With these options, Exness ensures that your financial transactions are handled with the utmost convenience, security, and in full compliance with the necessary regulations.
Customer Support
Exness excels in providing exceptional customer support to its traders, setting a high standard in the industry. Understanding the importance of timely and effective communication, Exness offers a range of support options designed to assist traders with their needs.
Support Channels and Availability:
- Live Chat:
- Availability: 24/5
- Function: Immediate support for trading-related inquiries, ensuring that help is always within reach during trading hours.
- Email Support:
- Address: support@exness.com
- Response Time: Typically within 24 hours, providing comprehensive solutions to more detailed queries.
- Social Media Presence:
- Exness maintains an active presence on multiple social media platforms, including Facebook, Instagram, Twitter, LinkedIn, YouTube, and Telegram. This allows traders to stay updated on the latest news, engage with the community, and access additional support when needed.
Social Media Platforms:
Platform | Functionality |
Community updates, news, and direct communication. | |
Visual updates, insights, and engaging content. | |
Quick updates, announcements, and customer interactions. | |
Professional networking and updates. | |
YouTube | Educational videos, webinars, and market insights. |
Telegram | Instant updates, community interaction, and support. |
Research and Education
Exness is dedicated to supporting its traders through a wealth of educational resources, far exceeding typical industry standards. Their commitment to trader education is evident through their comprehensive educational programs.
Educational Resources:
- Exness Academy:
- Content: The academy offers a range of educational materials, including trading guides, blogs, webinars, and detailed explanations of trading indicators. This is designed to cater to traders of all experience levels, from beginners to seasoned professionals.
- Demo Accounts:
- Usage: Exness provides demo trading accounts, which are essential for traders looking to practice in a live trading environment without financial risk. These accounts are also popular among professional traders for backtesting and refining trading strategies.
Educational Tools:
Tool | Description |
Trading Guides | Step-by-step guides on various trading topics. |
Blogs | Regular posts offering market insights and tips. |
Webinars | Live sessions covering a wide range of trading strategies. |
Demo Accounts | Practice trading in a risk-free environment. |
With Exness, you gain access to not only a responsive support system but also a robust suite of educational resources designed to enhance your trading skills and knowledge.
Final Thoughts:
Exness emerges as a trustworthy and versatile online broker, offering a comprehensive suite of trading opportunities and services tailored to meet the needs of both novice and seasoned traders. With intuitive trading platforms, a variety of account types, and a broad spectrum of tradable assets, Exness provides a robust environment for all levels of traders. The broker’s adherence to regulatory standards, secure transaction processes, and responsive customer support further solidify its reputation as a reliable choice in the trading community. Whether you’re starting your trading journey or looking to expand your portfolio, Exness offers the tools and resources to help you succeed.
Frequently Asked Questions
What is the Minimum Deposit for Exness?
Exness provides four types of trading accounts: Cent, Mini, Classic, and ECN. The Cent and Mini accounts have no minimum deposit requirement, making them accessible for traders with varying budgets. However, the Classic account requires a minimum deposit of $2,000, while the ECN account can be opened with a minimum deposit of $300.
How Do I Withdraw Money from Exness?
To withdraw funds from your Exness account:
- Log in to your Exness Personal Area.
- Navigate to the “Withdrawal” section.
- Choose your preferred payment method.
- Select the account you wish to withdraw from.
- Enter the necessary details and confirm the transaction.
What Type of Broker is Exness?
Exness is a Forex broker offering trading services across multiple platforms, including MT4, MT5, and mobile platforms. Established in 2008 by finance and IT experts, Exness has grown to provide extensive trading options globally.
Is Exness a Good Forex Broker?
Exness is generally considered a reliable broker, with a Trust Score of 73 out of 99. The broker is regulated by a tier-1 authority (high trust) and a tier-2 authority (average trust), which adds to its credibility in the Forex market.
Does Exness Allow Scalping?
Yes, Exness permits scalping as part of its trading strategies. Traders can also use Expert Advisors (EAs) and benefit from hedging options.
How Reliable is Exness?
Exness is known for offering low spreads, particularly for the EUR/USD pair. It charges only 0.5 pips for EUR/USD, and for ECN accounts, the fee is $2.5 per lot, making it a cost-effective option for traders.
Does Exness Allow the Use of EAs?
Yes, Exness supports the use of Expert Advisors (EAs) for automated trading. Traders can also request a free VPS to run their EAs 24/7.
Is Exness Regulated?
Exness is a MetaTrader-only broker regulated within the EU. It offers multiple account types and forex pairs, though its CFD offerings may not be as extensive as some other brokers.