Discover a Premier Trading Experience
Exness, boasting hundreds of thousands of active clients and an impressive $4.5 trillion in monthly trading volumes as of September 2023, offers a diverse array of trading assets including Forex, Crypto, Metals, Energies, and more. This award-winning broker provides various account types tailored to meet the individual needs of every trader.
Expert Reviewer Verdict
Exness stands out as an exceptional broker, blending innovation, reliability, and trader-centric features. Its strong emphasis on transparency and user-friendliness makes it a top choice for traders of all levels. This review explores the key aspects of Exness, highlighting its unique advantages and why it’s favored among traders.
Exness: The Ideal Broker for All Traders
Exness caters to both novice and experienced traders, offering a broad spectrum of trading instruments and advanced features. Its user-friendly platform and competitive spreads simplify the trading process, while the lack of commission fees adds significant value for traders. The broker’s strong regulatory framework and commitment to security instill confidence, ensuring a safe and secure trading environment.
Key Highlights
- Extensive Range of Assets: Trade Forex, Crypto, Metals, Energies, and more.
- Tailored Account Types: Choose from a variety of accounts to suit your trading needs.
- User-Friendly Platform: Easy-to-use platform with advanced trading features.
- Competitive Spreads: Enjoy low spreads and the absence of commission fees.
- Robust Regulation: Operates under strict regulatory oversight, ensuring a secure trading environment.
- High Trading Volumes: $4.5 trillion in monthly trading volumes, reflecting its popularity and reliability among traders.
Exness combines cutting-edge technology with a trader-first approach, making it a premier choice for those seeking a seamless and efficient trading experience.
Trust and Safety
Regulated and Secure
Exness operates as a regulated broker, providing a safe and secure trading environment. The broker’s strong commitment to fraud prevention and client fund security underscores its dedication to trader protection.
Fraud Prevention: Exness enforces stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures to verify client identities and prevent illicit activities. The broker employs cutting-edge technology to monitor and identify suspicious activities, ensuring the integrity of its trading environment. Additionally, Exness uses multi-factor authentication to safeguard client accounts from unauthorized access.
Client Fund Security: Exness maintains segregated accounts, keeping client funds separate from the broker’s operational funds. This practice ensures that clients’ funds are not used for business operations.
Regulatory Compliance: Exness is regulated by several esteemed authorities, requiring adherence to strict financial standards, including maintaining adequate capital reserves to protect client funds.
Regulatory Compliance Status
|
Regulatory Body |
Status |
|
ASIC |
No |
|
CySEC |
Yes |
|
DFSA |
No |
|
EFSA |
No |
|
FCA |
Yes |
|
FMA |
No |
|
FSA (SC) |
Yes |
|
FSCA |
Yes |
|
FSC |
Yes |
|
JFSA |
No |
|
MAS |
No |
|
MiFID |
Yes |
Exness’s compliance with multiple regulatory bodies ensures that it adheres to the highest standards of financial integrity and client protection. This extensive regulation helps create a secure and trustworthy trading environment for all clients.
Abundant Trading Choices
Exness stands out with an extensive range of tradable instruments, catering to diverse trader preferences and strategies. Traders can explore a variety of markets, including commodities like precious metals and energies, to diversify their portfolios. In the currency market, Exness offers a comprehensive selection of currency pairs, enabling participation in major, minor, and exotic currency trading. Cryptocurrency enthusiasts can trade various cryptocurrency pairs without needing to own the actual digital assets.
The inclusion of indices and stocks further enhances trading opportunities, providing exposure to different market segments and strategies. Exness’s commitment to offering a diverse selection empowers traders to diversify their portfolios, adapt to market conditions, and implement a wide range of trading strategies to achieve their financial goals.
Trading Instruments Availability
|
Trading Instrument |
Available |
|
Commodities |
Yes |
|
Currencies |
Yes |
|
Cryptocurrencies |
Yes |
|
ETF |
No |
|
Futures |
No |
|
Indices |
Yes |
|
Stocks |
Yes |
|
Bonds |
No |
|
Options |
No |
Exness’s extensive range of trading instruments ensures that traders have access to numerous markets and opportunities, enabling them to implement diverse strategies and reach their financial objectives effectively.
Account Types: Diverse and Inclusive
Exness offers a comprehensive suite of five distinct account types to cater to the varied needs of traders. These accounts—Standard Cent, Standard, Pro, Zero, and Raw Spread—provide a range of features tailored to different experience levels and trading preferences. Whether you are a novice looking to test strategies with smaller volumes or an experienced trader seeking ultra-low spreads, Exness provides options to enhance your trading experience.
- Standard Cent Account: Ideal for beginners, this account allows trading with cent lots, enabling new traders to test strategies with smaller volumes. It offers stable spreads, reliable execution, and no commission, making it an excellent starting point with up to 36 trading instruments.
- Standard Account: Suitable for both novice and experienced traders, this account features no minimum deposit requirements, stable spreads, and access to over 120 trading options.
- Pro Account: Targeted at seasoned traders, the Pro account offers limitless orders, low spreads starting from 0.1 pip, and the ability to trade smaller volumes efficiently.
- Zero Account: Designed for market execution, the Zero account provides zero spreads on top instruments for 95% of the trading day, making it ideal for expert advisors.
- Raw Spread Account: Tailored for experienced traders, this account boasts ultra-low, stable spreads with a fixed commission per lot, no position limits, and market execution.
Account Types Availability
|
Account Type |
Available |
|
Demo Account |
Yes |
|
Islamic Account |
Yes |
|
Segregated Account |
Yes |
|
Managed Account |
No |
|
Suitable for Beginners |
Yes |
|
Suitable for Professionals |
Yes |
|
US Trader |
No |
Exness’s diverse account types ensure that traders of all experience levels can find an account that meets their specific needs, enhancing their trading experience with tailored features and options.
Commission and Fees: Flexible and Transparent
Exness is committed to providing transparent and competitive pricing, ensuring that trading costs are clear and manageable for traders. Below is an overview of the commission and fees associated with trading on the Exness platform:
Account Minimum
Exness does not specify a minimum deposit requirement, allowing traders to start with an amount that suits their financial situation. However, traders should be aware of potential minimum transaction amounts set by their payment providers.
Trading Fees
Exness employs a variable spread model on its trading instruments, with spread values subject to change based on market conditions and account type. This dynamic approach offers traders flexibility in managing their trading costs.
CFD Fees
The fees depend on your chosen account type: some accounts have commissions, but Exness offers zero spreads for specific accounts.
Forex Fees
Forex trading on Exness primarily involves spreads, making it a cost-effective choice. The broker is known for its competitive spreads, which help traders effectively manage their trading costs.
Account Fee
Exness does not charge any account fees.
Inactivity Fee
Exness does not charge any inactivity fees.
Deposit Fee
Exness provides various deposit methods without any deposit fees. However, traders should be mindful of fees set by their payment providers.
Withdrawal Fee
Exness offers multiple withdrawal options without any withdrawal fees. However, traders should be aware of fees set by their payment providers.
Overnight Funding Fee
Details regarding overnight funding fees are not mentioned in the provided information.
Currency Conversion Fee
Exness uses the market conversion rate at the time of the exchange. Details about the current rates can be found on the Exness website.
Guaranteed Stop Order Fee
There is no mention of guaranteed stop order fees in the provided information.
Due to the absence of detailed information regarding various fees and charges, it is advisable to reach out to Exness customer support for the most comprehensive and current details. This assessment is based on the limited information available at this time.
Trading Platforms: Diverse Tools for Varied Traders’ Needs
Exness offers a variety of trading platforms designed to meet the diverse requirements of traders. These platforms feature user-friendly interfaces, cross-device compatibility, and a range of tools to ensure a seamless trading experience. Here’s an overview of Exness’s trading platforms:
Mobile Trading Apps
Exness provides mobile trading apps, including MT4 and MT5, for both Android and iOS devices. These apps give traders the flexibility to access their accounts, execute trades, and monitor market developments while on the go.
Web Trading Apps
Exness offers a web-based trading platform accessible directly through any web browser. This platform delivers convenience and accessibility without requiring any software download or installation.
Desktop Trading Apps
For desktop trading, Exness supports the highly acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are known for their extensive charting tools, technical indicators, and capabilities for algorithmic trading.
Charting, Ease of Use, and Additional Features
Both MT4 and MT5 platforms offer advanced charting tools, customizable technical indicators, and an intuitive user interface. Traders can leverage these platforms for manual trading, algorithmic trading, and even copy trading through various plugins and features.
Trading Platform Availability
|
Trading Platform |
Available |
|
MT4 |
Yes |
|
MT5 |
Yes |
|
cTrader |
No |
|
Proprietary |
No |
Desktop and Web Platform Availability
|
Platform |
Available |
|
Desktop Windows |
Yes |
|
Desktop Mac |
Yes |
|
Web Platform |
Yes |
Mobile Platform Availability
|
Platform |
Available |
|
Android |
Yes |
|
iOS |
Yes |
Exness’s trading platforms provide a comprehensive range of options for traders, including the popular MT4 and MT5 platforms. This ensures a robust offering of trading tools and features to meet the needs of various trading styles and preferences.
Unique Features: Empowering Traders
Exness enriches its trading platform with a variety of unique tools and features designed to empower traders and enhance their decision-making processes. These resources offer invaluable insights into market trends, trading behaviors, and instrument-specific details.
- Real-Time Push Notifications: Traders receive real-time notifications directly to their devices, keeping them informed about market movements, price alerts, and potential trading opportunities.
- Trend Exploration Tools: These tools facilitate the analysis of market trends, helping traders identify suitable entry and exit points.
- Instrument-Specific Insights: Traders can access detailed information about each asset, enabling well-informed decisions based on the unique characteristics of each instrument.
- Comparative Analysis Tools: These tools allow traders to compare the performance of different assets, helping them select those best suited to their strategies.
These comprehensive features demonstrate Exness’s commitment to providing traders with valuable information and insights, offering a competitive edge in the financial markets.
Research and Education: Enhancing Trader Education
Exness provides a learning center aimed at helping traders enhance their skills and knowledge. While the educational content is informative, there is room for further development to match industry leaders.
- Learning Center Overview: Exness offers a learning center covering various trading topics, including beginner guides, technical analysis, and trading strategies.
- Educational Content Comparison: While valuable, the content could be further expanded and diversified to compete with industry leaders who offer more extensive resources.
- Progress in Education: Exness has shown progress by offering educational content suitable for traders of different skill levels, aiding both novices and experienced traders.
- Content Sources: The learning center draws from multiple sources, including articles and tutorials. Collaborations with experts could enhance the credibility and depth of content.
- Areas for Improvement: The broker could focus on providing more advanced and specialized content, as well as interactive elements like webinars and quizzes to engage traders.
- Video Focus: Incorporating more video content could offer dynamic learning experiences and cater to different learning styles.
While there is evident effort in providing educational resources, enhancing the depth and variety of content, along with incorporating interactive elements, could elevate Exness’s educational platform to a more competitive level.
Customer Support: Multi-Channel Assistance
Exness offers efficient customer support services tailored to meet traders’ needs. They provide support during standard and extended hours to accommodate various time zones. Multi-channel support options, including live chat, email, and phone, cater to diverse communication preferences.
Additionally, traders can access supplementary resources such as FAQs, trading guides, and educational materials. Exness’s comprehensive approach to customer support reflects their commitment to assisting traders effectively and enhancing their trading experience.
Account Opening: Easy and Quick
The account opening process with Exness is straightforward and user-friendly, designed for traders’ convenience. Here’s an overview of the steps:
- Registration: Begin by providing basic personal information, including name, email, and phone number.
- Verification: Submit identification documents to verify your identity and comply with regulatory requirements.
- Account Selection: Choose from a range of account types, including Standard, Raw Spread, and Pro accounts.
- Additional Information: Provide more details such as trading experience, financial background, and risk tolerance.
- Verification Completion: Await verification completion, usually taking a few hours to a day.
- Start Trading: Upon approval, you’ll receive your account details, allowing you to fund your account and start trading.
Exness excels in its account opening procedure, which is both efficient and user-friendly. Typically completed within 1 to 2 days, the process is quick and hassle-free. Exness distinguishes itself by offering a seamless verification process that prioritizes compliance and security while expediting account activation. These distinctive features contribute to the overall positive experience of opening an account with Exness, making it an attractive choice for traders.
Deposit and Withdrawals: Minimizing Transaction Fees
Exness provides a user-friendly and convenient experience for depositing and withdrawing funds. Traders have access to a variety of options:
- Deposits: Traders can fund their accounts using methods such as bank transfers, credit/debit cards, electronic wallets like Skrill and Neteller, and local payment systems.
- Withdrawals: Withdrawals are typically processed using the same methods employed for deposits, ensuring consistency and security.
Exness's flexible deposit and withdrawal options enhance the user experience, allowing traders to efficiently manage their funds. The broker's efforts to minimize fees make it a favorable choice for traders.
Final Thoughts
Exness’s commitment to transparency, security, and user-friendly features makes it a top choice for traders seeking a reliable and innovative broker. Its strong regulation, comprehensive range of trading instruments, and user-centric approach position it as a valuable partner in the trading journey.
Contact Info
- Website: www.exness.com
- Email: support@exness.com
- Company Address: 1, Siafi Street, Porto Bello, Office 401,
Limassol, Cyprus
FAQs
Question: What trading platforms does Exness offer?
Answer: Exness provides popular trading platforms like MT4 and MT5, known for their powerful features and user-friendly interfaces.
Question: Are there commission fees when trading with Exness?
Answer: No, Exness does not charge commission fees, making it a cost-effective choice for traders.
Question: What educational resources does Exness offer?
Answer: Exness provides educational content, but there’s room for improvement in offering more comprehensive resources for traders seeking to enhance their knowledge.
Question: Is Exness regulated?
Answer: Yes, Exness is regulated by reputable authorities, ensuring a secure trading environment.
Question: How accessible is Exness’s customer support?
Answer: Exness offers accessible customer support during both standard and extended hours, providing multi-channel assistance and supplemental tools.