Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

EXNESS Review

3.94
17 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

EXNESS general information

Founded in: 2008 year
Headquarters:
Cyprus
Offices in the country:
United Kingdom, Cyprus, China, Malaysia
Minimum Deposit: 0 $
Website: www.exness.com
Website languages:
English, Arabic, Bengali, Vietnamese, Bahasa Indonesia, Spanish, Italian, Chinese, Korean, Malaysian, German, Persian, Portuguese, Russian, Thai, French, Hindi
Execution model:
NDD, ECN, STP, MM
Deposit currency:
USD, EUR, GBP, AUD, CHF, CAD, CNY, NZD, RUB, TRY, IDR, INR, AED, SAR, JPY
Support languages:
English, Arabic, Bengali, Vietnamese, Bahasa Indonesia, Chinese, Malaysian, Persian, Russian, Thai, Hindi
Regulated by:
FCA (United Kingdom) license №730729
CySEC (Cyprus) license №178/12
Mobile trading: iOS, Android
Types of offered accounts:
Demo accounts (with time limit), Standard accounts, ECN accounts, Cent accounts, Swap free счета, Micro accounts, Segregated accounts
Autotrading: MQL.5 Signals
Affiliate program: Yes

EXNESS Forex broker description

Under the trading name of Exness group, Exness has been in existence in the forex trading business since 2008. Ever since it has amassed itself a huge number of clients globally all wanting a taste of the awesome provision in trading with it.

Trading Accounts

Exness has three trading accounts that have been designed to meet the respective tastes of its many clients. Each account has some distinct features that are appreciated by each of the groups that they are intended for.

These trading accounts are the mini trading account, the classic account, and the demo account.

The Exness Mini Account

The Exness mini account is an account that has been designed with specifications aimed at newbie traders or small-scale traders. The following are among the notable features of this account type.

  1. No commissions charged.
  2. Allows deposits through e-currency channels and wire transfer.
  3. Spreads from 0.3.
  4. Has the stop order command to shield you from incurring deeper losses.
  5. Instant market execution.

The Exness Classic Account

This is an account type designed to fit the trading behaviors of professional and those with a vast experience in trading. It has advanced features and is a little bit sophisticated compared to the mini account.

Among the features of this account type include:

  1. It is a commission free account meaning no commission is charged at all on trading,
  2. Leverages of up to 1: 2000.
  3. Allows deposits from both wire transfer and e-currency.
  4. Offers lucrative spreads from 0.1 pips.
  5. Offers clients access to the interbank market.
  6. Fast market execution.
  7. Has the stop order command.
  8. No limit on the number of positions.

The Exness Demo Account

The Exness demo account is a special account that has been set to meet the needs of new clients with little or no idea about the forex trading concept. The account will introduce a new client to forex trading and will allow the client to learn on execution trades as well as execute trades though in a virtual manner. There is some virtual cash that will help the client know how to execute his or her trades. This account serves as an initiation tool to clients before they can cross over to live trading on either the mini or classic account.

The Company. Security Of Funds.

Exness as earlier indicated was founded in 2008 by a group of like-minded individuals with interest in the forex trade. The outcome has been a steady growing fir that has managed to make a big name out of itself in the globally in the forex circles. Due to this globalization Exness has managed to penetrate various countries around the world by offering its top-notch services. This has made it restructure and it is operational in almost 13 languages.

The firm has a dedicated and highly qualified personnel that helps the clients with queries or issues arising while they are trading. The personnel will help solve their issues as well as offer advisory services which are a plus to any client. This also reflects in their specially designed and tendered products that bids to offer competitive services to all of its clients despite different needs and preferences.

Exness is a credible company with all its licenses on check apart from getting a pass to operate by various regulatory authorities in territories it operates from. Among the licenses it has acquired include:

  1. Licensed and given a clean bill of operation by the United Kingdom's financial conduct authority (FCA).
  2. Licensed to operate in Cyprus by the Cyprus Securities and Exchange Commission (CySEC).
  3. It also has been licensed by the concerned regulatory authorities in Spain, Italy, Sweden, the Netherlands, and Germany.

Still, on its credibility, Exness has ensured that clients' funds entrusted to them are kept safe and secure and this upholds their integrity and trust with its many clients. Among the measures put across to ensure the safety of such funds includes:

  1. Partnering with major banks that are very credible. Such banks include Barclays bank, Baltikums bank and OCBC Bank.
  2. Segregation of clients' funds from the firm's operation funds in a bid to prevent a mix-up.
  3. Ensuring proper risk management strategies to prevent unwarranted losses that may affect the clients’ funds.
  4. Exness is a member of various compensational schemes that will sort out clients’ issues concerning funds in case of liquidation of the firm.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit varies from the two accounts. The mini account has its minimum deposit set at $1 while the classic account has its minimum deposit set at $2000. This will serve as your base capital in your trading activities.

Commissions And Spreads

All accounts are commission free and have very tight spreads from 0.1 pips for the classic account and 0.3 for the mini account.

Trading Platforms

Exness uses among the best trading platforms that help in the fast and efficient execution of trades by its many clients. These platforms include the MetaTrader 4, the MetaTrader 5, the mobile platform and the mt4 web platform.

Among the key advantages of these platforms include:

  1. Provision of quality charting and analysis tools.
  2. A user-friendly and easy to use interface.
  3. Compatibility with a host of devices, operating systems, and browsers.
  4. Secure in protecting clients’ information and identity.
  5. Fast trade execution speeds.

Promotions

The following are the promotions currently on offer at Exness.

  1. Partners are entitled to a stipulated bonus on the total earnings from trading.
  2. Features an affiliate program that will entitle you to a certain commission on putting Exness’ banners on your website.

Deposits And Withdrawals

Deposits and withdrawals are easy to execute and use modes such as Neteller, skrill, visa, and MasterCard. There is no limit to withdraw or deposit. There are two ways to transact ether commission free or instant. There are no transaction charges if you use the commission-free mode, however, it is relatively slower. In instant, you will be charged a certain amount.

BRIEFLY ABOUT Exness

Exness is a very legitimate trading firm if you are to judge by the plenty of partners it has and also Exness customer reviews and comments. The specially tendered services and products are so welcoming and will definitely provide a client with an awesome trading experience. This is a trader that is strongly recommended to anyone both the new and experienced in the forex trading concept.

Trading accounts of EXNESS

  • Mini
  • Classic
  • ECN
  • Cent
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile
Minimum Deposit : 0 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
CNY - Chinese Yuan Renminbi
NZD - New Zealand Dollar
RUB - Russian Ruble
TRY - Turkish Lira
IDR - Indonesian Rupiah
INR - Indian Rupee
AED - Emirati Dirham
SAR - Saudi Arabian Riyal
Trading instruments:
Forex 1:2000
Metals 1:2000
  • Gold
  • Silver
Energy sources 1:2000
Cryptocurrencies
Minimum position size:
0.01
Maximum position size:
Не ограничено
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
60 %
Commission:
No
Phone trading:
No
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile
Minimum Deposit : 2000 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
CNY - Chinese Yuan Renminbi
NZD - New Zealand Dollar
RUB - Russian Ruble
TRY - Turkish Lira
IDR - Indonesian Rupiah
INR - Indian Rupee
AED - Emirati Dirham
SAR - Saudi Arabian Riyal
Trading instruments:
Forex 1:2000
Metals 1:2000
  • Gold
  • Silver
Energy sources 1:2000
Cryptocurrencies
Minimum position size:
0.1
Maximum position size:
Нет лимита
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
30 %
Commission:
No
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 300 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
CNY - Chinese Yuan Renminbi
NZD - New Zealand Dollar
RUB - Russian Ruble
TRY - Turkish Lira
IDR - Indonesian Rupiah
INR - Indian Rupee
AED - Emirati Dirham
SAR - Saudi Arabian Riyal
Trading instruments:
Forex 1:200
Metals 1:200
Energy sources 1:200
Stop Out:
50 %
Minimum position size:
0.01
Maximum position size:
Нет лимита
Max. number of orders:
2000
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
100 %
Locked Margin level:
100 %
Commission:
25 USD for 1,000,000 USD traded
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
CNY - Chinese Yuan Renminbi
NZD - New Zealand Dollar
RUB - Russian Ruble
TRY - Turkish Lira
IDR - Indonesian Rupiah
INR - Indian Rupee
AED - Emirati Dirham
SAR - Saudi Arabian Riyal
Trading instruments:
Forex 1:2000
Metals 1:2000
  • Gold
  • Silver
Energy sources 1:2000
Minimum position size:
0.01
Maximum position size:
100
Max. number of orders:
1000
Execution type:
Instant Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
60 %
Speed ​​of execution:
0.01 sec.
Commission:
No
Phone trading:
No

Monitoring of EXNESS's Mini account

EXNESS spreads All spreads EXNESS

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Live spread

N/A N/A N/A N/A N/A N/A N/A N/A
Average spread
for the past
30 days
Average spread Interval:
N/A N/A N/A N/A N/A N/A N/A N/A

EXNESS quotes All quotes EXNESS

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Ask
N/A N/A N/A N/A N/A N/A N/A N/A
Offers
N/A N/A N/A N/A N/A N/A N/A N/A

EXNESS swaps All swaps EXNESS

EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Long
N/A N/A N/A N/A N/A N/A N/A N/A
Short
N/A N/A N/A N/A N/A N/A N/A N/A

Contacts of EXNESS

Headquarters
Cyprus , Limassol Siafi Street, 3042
show on the map

Recent customer reviews of EXNESS

Nick Manson 05 June 2018

Advantages: leverage, good platform for trading

Disadvantages: large commission on the account ECN

Comment: I like to trade through this broker. Here is a good platform for trading, given a good leverage, many tools.

Comment
Add a COMMENT
Ursula Fischer 21 February 2018

Advantages: minimum amount at start, efficiency and stability

Disadvantages: None that I know of

Comment: Quite recently talked with the support of this broker. My impression is highly positive. The personnel was polite and helpful, fast and effective. The customer support service is the face of any company. I trade with Exness for more than two years and never had any problems with the withdrawal or large slippages. So I recommend it.

Comment
Add a COMMENT
Jacob Leimin 08 January 2018

Advantages: A wide range of services for replenishment of accounts, as well as withdrawal. Free hosting. And the fact that the funds can be removed immediately.

Disadvantages: While not noticed

Comment: I like the trading account EXNESS. that it is easy to work with, he does not think for a long time, he works instantly. Also, he does not have commissions, but what could be better, since this is a big plus for the trader. Also in the broker is an economic calendar, constantly updated reviews of Trading Central and the trading indicator TC.TechnicalAnalysis. That's why I use it as there is everything I need for me as a trader.

Comment
Add a COMMENT

EXNESS analisis & forecasts

All analysis EXNESS
16 FEBRUARY, 2018
Bitcoin bouncing perfectly, look to protect our profits

Buy above 10332. Stop loss at 7902. Take profit at 12808 and 14497. Reason for the trading strategy (fundamentally): There is still tremendous doom and gloom about Bitcoin and the only reason we are seeing a correction is bec ...

Read more
16 FEBRUARY, 2018
EURUSD major support broken, prepare for a drop

Sell below 1.2203. Stop loss at 1.2253. Take profit at 1.2089. Reason for the trading strategy (technically): Price has broken major support-turned-resistance at 1.2203 (Fibonacci retracement, horizontal pullback resistance) ...

Read more
16 FEBRUARY, 2018
Gold on major support, prepare for a bounce

Buy above 1326. Stop loss at 1321. Take profit at 1332. Reason for the trading strategy (technically): Price is testing major support at 1326 (Fibonacci retracement, horizontal overlap support, bullish harmonic formation) and ...

Read more

EXNESS bonuses, contests and promotions

All bonuses, promotions, contests EXNESS
Offer type : Contests (until 08.06.2018)
Forex World Cup Round 4 - Exness

Be the best Forex trader and receive real trading funds available for withdrawal! This contest by Exness for demo account holders is a perfect avenue ...

Offer type : Contests (until 06.04.2018)
Forex World Cup 2018 - Exness

Join Exness’ Forex World Cup and beat other Forex traders to win up to $3000! The interesting part of the contest is that the contest is held on ...

Offer type : Promo offers (until 21.04.2022)
Get up to $16 rebate per lot - Exness

The rebate on trade promo of online broker Exness aims to provide traders the ability to maximize their trading ability as their trading funds are inc ...

EXNESS is often compared with

Admiral Markets
Compare
FXTM
Compare
Alpari
Compare
GKFX
Compare
XM.COM
Compare
Instaforex
Compare
eToro
Compare

EXNESS categories


Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
If you like this discussion on TopBrokers.com then please like us on Facebook