Basic Information & Regulatory Bodies
Founded in 2008 by professionals in finance and information technology, the Exness Group offers clients a wide range of financial instruments, including currency pairs, metals, cryptocurrencies, energy, indices, and stocks. The official Exness website has been localized into 15 languages, and customer service is available in 13 languages, with 24/5 support (24 hours a day, five days a week) for 11 of those languages; while English and Chinese customer support is available 24 hours a day, seven days a week. Currently, the company holds a full license from the Cyprus Securities and Exchange Commission (CySEC), a retail forex license issued by the Seychelles Financial Services Authority (FSA), and is also an authorized financial services provider under the South African Financial Sector Conduct Authority (FSCA).
Main Business
Exness offers investors a wide variety of financial instruments, including currency pairs, metals, cryptocurrencies, energy, indices, and stocks.
Accounts & Leverage
To meet the investment needs of different investors, the company offers Standard and Professional accounts. The Standard account on MT4 is further divided into three types: Standard, Cent, and Premium. All three account types have a minimum deposit of $1 and a maximum leverage of 1:Unlimited. MT5 includes two account types: Standard and Premium. Both account types have a minimum deposit of $1 and a maximum leverage of 1:2000. The Professional MT4 accounts include Raw Spread, Zero Spread, and Pioneer accounts, with leverage of 1:Unlimited. MT5 is also divided into Raw Spread, Zero Spread, and Pioneer accounts, with a maximum leverage of 1:2000 for all three account types.
Spreads & Commissions
The minimum spread for an MT4 Standard account is 0.3, for a Cent account is 0.3, and for a Premium account is 1.0; no trading commissions are charged for any of these. The minimum spread for an MT5 Standard account is 0.3, and for a Premium account is 1; no commissions are charged for either. For MT4 and MT5 Professional accounts, the minimum spread for the Raw Pips account starts at 0.0i pips, with a commission of $3.50 per lot/trade. The minimum spread for the Pioneer account is 0.1, and no commissions are charged.
Deposits and Withdrawals
Exness offers a variety of deposit and withdrawal options for traders to choose from, including Bitcoin (minimum deposit of $0, processing time of up to 72 hours), SticPay (minimum deposit of $1, instant processing), Tether (minimum deposit of $1, processing time of up to 72 hours), VISA/MASTERCARD (minimum deposit of $3, instant deposits, withdrawals processed within 3–5 days), NETELLER (minimum deposit of $10, instant processing for deposits and withdrawals), Perfect Money (minimum deposit of $50, instant processing for deposits and withdrawals), WebMoney (minimum deposit of $1, instant processing for deposits and withdrawals), and Skrill (minimum deposit of $10, instant processing for deposits and withdrawals). In addition, users’ credit card issuers, banks, or payment systems may charge transaction fees or commissions on deposits and withdrawals that are beyond the company’s control. The company does not accept direct payments from third parties or other forms of payment. The company reserves the right to investigate, cancel, and/or charge fees/charges (depending on the payment method) for withdrawal requests issued from trading accounts with no trading activity.
Deposit Methods
| Payment System | Currencies | Deposit Fee | Operation Limit |
 Skrill |
 USD |
from 10 USD | |
 Neteller |
USD |
from 10 USD | |
 Visa |
USD |
from 10 USD | |
 Mastercard |
USD |
from 10 USD |
Exness does not charge a fee for depositing and withdrawing money from users' real accounts. Funds are credited to the account within 30 minutes.
Withdrawal Methods
| Payment System | Currencies | Withdrawal Fee | Operation Limit |
|
Skrill |
USD |
2.99% commission limits from 0.5 EUR |
from 10 USD |
|
Neteller |
USD |
0% | from 4 USD |
|
Mastercard |
USD |
2.64% commission limits from 1.3 USD |
from 3 USD |
|
Visa |
USD |
2.54% commission limits from 1.3 USD |
from 3 USD |
The broker processes withdrawals instantly 24/7. If the withdrawal does not happen automatically, then the transaction will be completed manually within no more than a day.
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.
Regulated by 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 in | 2008 |
| Registered in | Cyprus |
| Regulated by | FSCA, FSA (Offshore) |
| Market Instruments | CFDs on forex, metals, cryptocurrencies, energies, stocks, indices. |
| Demo Account | ✅ |
| Account Type | Standard, Standard Cent, Pro, Zero, Raw Spread |
| Min Deposit | Minimum deposit may vary based on your payment method or geographical location |
| Max Leverage | 1.430555556 |
| Spread | From 0.2 pips (Standard account) |
| Trading platform | MT4/5, Exness Terminal, Exness Trade app |
| Social Trading | ✅ |
| Payment Method | Skrill, Neteller, Bank cards |
| Customer Support | 24/7 live chat |
Pros and Cons of Exness
Pros
- Wide selection of trading instruments
- Easy-to-use and customizable trading platforms
- Detailed table of trading conditions on the instrument screen
- Commission-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 available
- Multilingual customer service
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
What 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 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, 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 Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
 |
FSCA | Regulated | EXNESS ZA (PTY) LTD | Retail Forex License | 51024 |
 |
FSA | Offshore Regulated | Exness (SC) Ltd | Retail Forex License | SD025 |
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.
Exness Minimum Deposit
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.
Here is the table showing the comparison of Exness minimum deposit with other brokers:
| Broker | Minimum Deposit |
 |
Minimum deposit may vary based on your payment method or geographical location |
 |
$100 |
 |
$200 |
 |
$100 |
Exness 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 Type | Standard | Standard Cent |
| Min Deposit | Minimum deposit may vary based on your payment method or geographical location | |
| Max Leverage | 1:2000 | |
| Spread | From 0.2 pips | From 0.3 pips |
| Commission | ❌ | |
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 Type | Pro | Zero | Raw Spread |
| Min Deposit | $200 | ||
| Max Leverage | 1:2000 | ||
| Spread | From 0.1 pips | From 0 pips | |
| Commission | ❌ | From $0.05 each side per lot | Up to $3.5 each side per lot |
Exness Leverage
The maximum leverage offered by Exness is up to 1:2000,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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| Exness Terminal | ✔ | Web | All experience levels |
| Exness Trade app | ✔ | Mobile | All experience levels |
Exness Trade Mobile App
The Exness Trade mobile app is available on Android and iOS. It offers full trading functionality, including opening and closing positions, setting orders, and account management. The app provides access to analytics, price alerts, and market news.
Minimum system requirements: iOS 14.5, Android 5.0.
Exness Terminal
Exness Terminal is a web platform available on Windows, Linux, macOS, iOS, and Android. It offers over 50 drawing tools and 100 indicators, as well as high speed and security. The platform does not require downloading and installation and supports all MT5 accounts.
MetaTrader 4
MetaTrader 4 (MT4) is one of the most popular trading platforms in the world. Exness offers MT4 for those who prefer a time-tested interface with various features, including technical analysis, automated trading, and numerous indicators.
MetaTrader 5
MetaTrader 5 (MT5) is a newer version of the popular platform, offering advanced features, including more time frames, indicators, and an improved interface. Exness supports MT5 on all its trading accounts, and this platform is suitable for traders of all experience levels.
Analytics
Exness provides a comprehensive set of analytical tools, making it attractive for traders seeking in-depth market analysis.
What analytical materials are available?
- Dow Jones News. Real-time news from one of the leaders in current economic and political information, Dow Jones News, is available to live account clients. Quick access to up-to-date data in the Forex market and the ability to track patterns in asset price movements allows for successful trading using a 'News-based' strategy.
- Economic Calendar. This convenient analytical tool analyzes events over a certain period of time and forms a report in a user-friendly format. The calendar can be customized to the desired parameters and used to monitor market events in the country of interest. This allows for a high probability of forecasting changes in the prices of assets.
- TradingCentral Reviews. An agreement signed in 2013 with Trading Central (a global leader in consulting services for business) allows live account clients of all levels to receive free daily technical analysis on the main currency pairs of the Forex market through the website functionality.
- TC Technical Analysis Trading Indicator. For registered traders of the Exness system, the TC Technical Analysis trading indicator from Trading Central is available for download. This program adds support and resistance lines to the currency pair charts and an analytical forecast.
- WebTV from TradingCentral. A video channel from the market leader in consulting services, TradingCentral – is live broadcasts with financial news from the New York Stock Exchange.
Trading 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.
FAQ
Which country is Exness from?
Exness is an international broker with its headquarters in Limassol, Cyprus.
Is Exness an ECN broker?
Exness offers both ECN (Electronic Communication Network) and standard account types, catering to different trading needs and preferences.
How does Exness make money?
Exness makes money through spreads, commissions on certain account types, and swaps on overnight positions.
Is Exness good for beginners?
Yes, Exness is good for beginners due to its user-friendly platform and round-the-clock customer support.
Does Exness offer a demo account?
Yes, Exness offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money.
How can I open an account with Exness?
To open an account with Exness, visit their website, click on "Open Account," and follow the registration process, which includes providing personal information and verifying your identity.
How can I delete my Exness account?
To delete your Exness account, you need to contact Exness customer support. They will guide you through the process of account closure.
What is the minimum deposit for Exness?
The minimum deposit for Exness varies depending on the account type but generally starts as low as $10.
What is the maximum leverage on Exness?
The maximum leverage on Exness can go up to 1:2000, depending on the account type and the regulatory requirements.
How do I deposit funds in an Exness account?
You can deposit funds in an Exness account using various methods such as credit/debit cards and electronic payment systems like Skrill and Neteller.
How do I withdraw money from Exness?
To withdraw money from Exness, log in to your account, go to the "Withdrawal" section, select your preferred withdrawal method, and follow the instructions provided.
Does Exness provide VPS?
Yes, Exness provides a Virtual Private Server (VPS) service to clients who maintain a certain balance in their accounts, ensuring stable and fast execution of trades.
Is Exness suitable for scalping?
Yes, Exness is suitable for scalping, offering tight spreads and fast execution speeds, which are essential for this trading strategy.
Is Exness suitable for auto-trading?
Yes, Exness supports auto-trading through the MetaTrader 4 and MetaTrader 5 platforms, which allow for the use of Expert Advisors (EAs).
Is Exness suitable for hedging?
Yes, Exness allows hedging, enabling traders to open multiple positions in different directions to manage risk effectively.
Is Exness suitable for spread betting?
No, Exness does not offer spread betting. It primarily focuses on Forex and CFD trading.