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.

Verdict4.9 / 5

Exness Review

trusted

Overview

No matter whether you’re an experienced trader or a beginner, you need peace of mind when choosing a broker. There are many out there on the market but...

No matter whether you’re an experienced trader or a beginner, you need peace of mind when choosing a broker. There are many out there on the market but Exness is a solid choice. As one of the leading multi-asset brokers in the industry, Exness gives peace of mind from the start. However, you still need to fully understand the pros and cons before deciding if it’s the broker for you. For that reason, we have compiled this detailed Exness review. 

In this round-up, we will explore Exness in detail and learn more about what it offers. In the end, you will have all the information you need to make a fully informed decision about your trading endeavors. From there, you can start trading with Exness with total confidence.

 

TL;DR

  • Exness is a leading multi-asset broker offering a wide range of tradable instruments. These include forex, cryptocurrencies, indices, commodities, and shares.
  • It provides various trading platforms, such as its proprietary Exness Terminal, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). As such, it caters to different trading styles and preferences.
  • Exness is regulated by multiple entities, including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and FSA (Seychelles), among others.
  • The broker offers competitive trading conditions. These include low spreads, flexible leverage, and swap-free trading on selected assets.
  • User reviews for Exness are mixed. Some praise its offerings while others express concerns about customer support and withdrawal issues.

Criteria Breakdown

To help you make a careful decision, we considered several key criteria. These include regulatory compliance, platforms, trading instruments, accounts, and conditions. We also assessed customer support, educational resources, and overall reputation. This range ensures that you know all you need to know about Exness from the start.

 

Criterion

Description

Regulation and Trust

Evaluates regulatory compliance and protection offered based on the regulatory entities it is licensed by.

Trading Platforms

Assesses the trading platforms offered. These include proprietary platforms, MetaTrader 4/5, and their features, usability, and compatibility with different trading styles.

Tradable Instruments

Examines the range of tradable instruments offered, including forex, cryptocurrencies, indices, commodities, and shares.

Account Types and Conditions

Analyzes the different account types available. These include spreads, commissions, leverage, minimum deposits, and other trading conditions.

Customer Support

Evaluates the quality and accessibility of customer support, including available channels, response times, and helpfulness.

Educational Resources

Assesses the availability and quality of educational resources provided. These may include articles, videos, webinars, and courses, for both beginner and experienced traders.

User Reviews and Reputation

Considers Exness reviews and the overall reputation in the trading community, including industry recognition and awards.

 

Exness: What It Is and What It's Best Known For

What is Exness?

Exness is an international and CFD broker, and an industry leader. Its reputation gives you peace of mind from the start, but it’s important to delve deeper. Established in 2008, Exness has a large global reach and is a popular choice for all types of traders. One of its key features is specialized accounts for both experienced and beginner traders. It also has no hidden commission fees, which gives you a totally transparent trading experience. 

Exness originally based itself in Limassol, Cyprus but it now reaches over 130 countries. It employs more than 2000 staff and has offices across Europe and Asia. 

 

Image credit: Exness
With Exness, you can trade confidently, knowing that there are no hidden commission fees or overnight fees. Click, trade, and profit with ease

 

What is Exness Best Known For?

As a popular broker choice, Exness is renowned for its competitive trading conditions. These include low spreads, swap-free trading on selected assets, and flexible leverage options. Additionally, Exness offers many tradable instruments, including forex, cryptocurrencies, commodities, indices, and shares. In particular, its forex section has an available selection of more than 90 currency pairs. 

We should also talk about trading platforms. Not only does it have its proprietary Exness Terminal but it also uses MetaTrader 4 & 5. As such, Exness caters to different trading styles and offers high leverage. 

Pros

Competitive Trading Conditions

A major advantage of using Exness is its favorable trading conditions. These are ideal for any level of trader and offer a flexible approach. The main conditions include flexible leverage options, low spreads, and swap-free trading on selected assets. In addition, there are no hidden commission fees, so you know the cost of your trading upfront. 

Overall, you receive a cost-effective and flexible trading experience with peace of mind thanks to its overall reputation. 

Wide Range of Tradable Instruments

Whether you want to trade in cryptocurrency or forex, Exness has a large range of trading instruments available. These include 90 currency pairs and 10 cryptocurrency pairs in the forex market. Additionally, you can trade in indices, commodities, and shares. 

You can choose their area of expertise or interest and Exness is likely to include it in their offerings. This also allows you to diversify your portfolio and perhaps branch out into other markets. For instance, Exness also offers 74 stock CFDs, 33 cryptocurrencies, 13 indices, and 14 commodity CFDs. 

Advanced Trading Platforms

There are several advanced trading platforms on offer, which makes it easier to choose which one suits you best. These platforms are all available on desktop as well as mobile devices, including iOS and Android. 

The Exness Terminal Web Platform is an easy-to-use option which offers features, including watchlists and one-click trading. Additionally, the Exness Trade App is ideal for on-the-go action. The app also offers trading suggestions, which are ideal for beginners. 

The more recognizable trading platforms offered by Exness include MetaTrader 4 & 5. These are known for their modern features such as copy trading and automated trading. 

This level of variety allows you to choose your ideal trading platform according to your specific style and preferences. Each includes tools and features that allow you to analyze your trades in more detail. 

Negative Balance Protection

The next feature will give peace of mind to beginner traders in particular. Negative balance protection ensures that you can’t lose more than the money you have in your account. This could be a particular concern in the event of market issues or price crashes. However, this feature means that you can trade with peace of mind and mitigate risk. 

Specialized Accounts 

Exness offers a range of different accounts and they’re designed specifically for either professional or beginner traders. This is a big advantage because it means you’re getting the most out of your account according to your needs. The standard account is best suited to beginners as it is commission-free and cuts the complications out of trading. Additionally, the Standard Cent account is a good choice for beginners too, although it uses cents. 

If you’re a professional trader, you will find the Raw Spread, Zero, and Pro accounts suit your specific needs. These accounts offer favorable trading conditions, a range of trading instruments, and unlimited maximum leverage. Exness also offers an Islamic account for citizens of countries under Sharia law, as well as a Demo account.  

Free VPS Hosting 

While qualifying criteria applies, Exness offers free VPS hosting to many of its traders. This gives you fast and secure trading, along with extra peace of mind. To find out if you’re eligible, you simply log-in to your account and check your availability from there. 

 

Image credit: Exness
On Exness, you can trade assets like XAUUSD, USOIL, EURUSD, US30, and AAPL with customizable options and high leverage.

 

Cons

Limited Regulatory Oversight for Some Entities

It’s true that Exness is regulated by several entities, but the protection level and oversight varies across them. For instance, some offshore entities might have limited oversight. That could be an issue if you’re looking for high protection levels. 

Limited Educational Resources for Beginners 

Exness certainly offers some educational resources, but many of these are aimed toward experienced traders. If you’re a beginner, you may not find the resources that suit your needs. However, the blog does contain a lot of useful information you can take further. The FAQ section also offers many resources to help you set up your account. 

Additionally, the training resource section is currently only available in English. If English isn’t your first language, this could be a barrier to you learning more. 

Mixed User Reviews

While many reviews of Exness are positive, they are generally quite mixed. Some traders enjoy what the broker has to offer but others have some concerns. The main issues are limited customer support (currently unavailable 24/7 in every language) and issues with withdrawals. 

Reviews are an important part of choosing a broker, and you may feel conflicted as a result. Of course, the best way around this is to thoroughly research brokers before deciding. 

Criteria Evaluation

Now we’ve explored the pros and cons of Exness, let’s see how it measures up to each of our key criteria. 

Regulation and Trust

Exness is regulated by many entities across the world. The main ones include the FCA (UK), CySEC in Cyprus, FSA (Seychelles), and FSCA in South Africa.

It’s important to remember that the level of protection and oversight does vary from entity to entity. As we mentioned earlier, offshore entities may have less regulatory oversight than others.

To ease your worries, Exness offers negative balance protection and client fund segregation. As a member of the financial commission, it also has a compensation scheme. This covers around €20,000 per client if the broker fails to comply. 

Rating: 4/5

Trading Platforms

As we know, Exness has several trading platforms which gives you a flexible trading experience. All platforms are easy to use and the app allows for on-the-go trading. The industry-standard MetaTrader 4 & 5 platforms also have advanced features that can be tailored to your trading style. 

Rating: 5/5

Tradable Instruments

Exness certainly offers a diverse range of tradable instruments. Forex is particularly impressive with more than 90 pairs, along with 10 cryptocurrency pairs. On top of that, they offer indices, commodities, cryptocurrencies, and shares. 

However, it’s not only the tradable instruments that grab attention but their leverage size too. Exness offers a standard leverage of 1:2 up to unlimited depending on your account type.  

Rating: 4/5

Account Types and Conditions

With a range of different accounts on offer, this is another area where Exness shines. Accounts are tailored to trading experience, with beginner and professional options available. Additionally, there are accounts that are commission-free and commission-based, with different spreads, deposits, and leverage. 

This means you can tailor your trading to your specific needs. 

Rating: 4/5

Customer Support

Exness offers 24/7 customer support in 15 languages via phone, email, and live chat. However, it is an area that users feel could be improved. In particular, 24/7 support is only available in English, Chinese, and Thai. 

Rating: 3/5

Educational Resources

There are a range of educational resources on offer, but these do tend to veer more toward experienced traders. As a result, if you’re a beginner trader, you might feel that you’re missing out. 

Exness offers trading ideas and market analysis, a comprehensive blog, and a FAQs section. However, dedicated webinars and courses for beginners are less common. 

Rating: 2/5

User Reviews and Reputation

Exness has mixed reviews across the board. Many users praise what Exness offers, but there are some concerns about withdrawal issues and customer support in particular. 

To truly identify if this broker is the right fit for you, explore Exness reviews carefully. Doing your own research will allow you to make an informed decision. 

It’s also important to note that Exness has received many awards and industry recognition for its services. 

Rating: 3/5

 

Image credit: Brokerxplorer
Exness offers the convenience of managing investments anytime, anywhere, giving users a flexible trading experience.

 

Price

Exness’ different account types come with varying price structures. The Standard account which is commission-free, has variable spreads. Commission-based accounts, such as the Raw Spread and Zero accounts, offer tighter spreads and charge a commission per trade. 

Minimum deposits vary from $10 for commission-free accounts up to $200 for commission-based options. 

For this reason, it’s important to identify whether Exness broker is for you in terms of your trading style. That means you can choose the correct account and a pricing structure that fits your budget. Carefully review the pricing details and conditions for each separate account before you make a final decision. 

Where to Find

Visit Exness broker’s official website here.There you will find all the necessary information you need to determine which account is for you. From there, you can open an account, and start trading. You will also find Exness has a strong social media presence, including on Facebook and X. 

 

Alternatives to Exness

After reading this Exness review, you may feel that an alternative would suit you better. In that case, let’s explore some notable mentions. 

IG Group

IG Group is a reputable broker that is well-established within the industry. Like Exness, it offers a range of tradable instruments, including shares, forex, and CFDs. It has a user-friendly platform, many educational resources, and a strong focus on regulation. 

Saxo Bank

Saxo Bank is a multi-asset broker that offers competitive pricing and many tools and resources. With advanced trading platforms, analysis tools, and many tradable instruments, it’s a strong, reputable choice. However, Saxo Bank does focus on professional and institutional traders, so it may not be the best choice for beginners.  

eToro

Another notable choice is eToro, a reliable and reputable trading platform that is ideal for beginners and experienced traders alike. In particular, its social trading features particularly stand out above the rest. While its fees can be slightly higher, there are a range of features that justify it. To learn more, explore our eToro review. 

FXCM

FXCM is a trading broker that operates globally and specializes in CFD and forex trading. It offers many tools for trading, meaning it’s ideal for beginners and professionals. In particular, it has many educational resources and a competitive pricing structure. 

 

Final Thoughts

It’s true that Exness is one of the leading multi-asset brokers in the industry. It certainly offers a quality experience for traders, however, it’s important to remember that its user reviews are mixed. One particular example is limited customer service for non-English speaking traders and limited regulatory oversight for offshore entities. These may or may not be a concern for you, but consideration is vital. 

Additionally, Exness offers many educational resources, but they don’t tend to cater as much toward beginner traders. That may mean you need to learn forex basics or other skills elsewhere. 

Remember to use the information provided in our Exness broker review as a starting point. From there, identify areas that are important to you and take your research further. Exness may be a very suitable choice for some traders but not others. In that case, there are several alternatives we’ve mentioned that may be a better fit. 

If you’re completely new to the world of trading, remember to use educational resources to expand your knowledge. You may need to learn how to read forex charts or understand cryptocurrency in more detail. Either way, being open to learning will help you develop and grow.

Here at TopBrokers.com, we’re committed to giving you all the information you need to choose an ideal broker. Through our charts, reviews, and resources, we aim to make the trading world simpler to understand. As such, we hope this Exness review has been useful and will aid you further.

Countries+118
DevicesAndroidAppleWindows
Minimum deposit $10Withdrawal fee $0Deposit fee $0

Our Verdict 4.9 / 5

Commissions & Fees4.8 / 5
Deposit & Withdrawal4.8 / 5
Customer Support5 / 5
Account Opening4.9 / 5
Regulation & Safety5 / 5

Pros

  • Competitive Trading Conditions
  • Wide Range of Tradable Instruments
  • Advanced Trading Platforms
  • Negative Balance Protection
  • Specialized Accounts
  • Free VPS Hosting

Cons

  • Limited Regulatory Oversight for Some Entities
  • Limited Educational Resources for Beginners
  • Mixed User Reviews

General details

Type of accountsStandard AccountsDemo accounts (with a time limit)
Trading platformsMetaTrader 4MetaTrader 5
Execution modelNDD
Deposit currencyUSD
Regulatory complianceFCACySECAMF
Deposit payment systemsBitcoinDebit CardSkrillNetellerPerfect MoneyWire Transfer
Withdrawal payment systemsBitcoinDebit CardSkrillNetellerWebMoney
Support languagesEnglish
Auto tradingExness Social Trading AppMT4 EAMT5 EA
Contact details[email protected]+35725008105Customer service ↗

Customer reviews

Overall score 3.3 / 5 · 52 customer reviews

Read real reviews from traders all over the world:

Eric Walter ★ 3/5

Advantages: fast withdrawal

Disadvantages: slow connection

They promised a guaranteed return on my investment but after investing my life savings, I got nothing in return. They seemed legitimate at first, but it was all a scam. I urge people to stay away from fake platforms and not risk their hard-earned money like I did. Report scam to cybertecx net for payout solution

PATRICIA AMY ★ 3/5

Advantages: Thx hoskeyteam at proton •me

Disadvantages: The server is very slow

Thx hoskeyteam at proton •me I almost lost my Life savings but unfortunately This legal expert helped saved my funds

Angel Ford ★ 5/5

Advantages: Read more in the comments

Disadvantages: No shortcomings have been identified

The broker provides a number of advantages to forex traders. The broker's leverage allows traders to increase their purchasing power, which can be especially useful for those with small investments. Competitive spreads give an advantage over other brokers, which means that traders can get better prices for their trades. The broker also offers access to a wide range of markets, which allows traders to diversify their portfolios and take advantage of different market conditions. Finally, its technical support service is available around the clock and seven days a week to resolve any issues that may arise during trading sessions.

Willie Taylor ★ 4/5

Advantages: Great for novice and professional traders

Disadvantages: Customer support takes a lot of time to solve the problem

In general, I can say that I'm more than satisfied working with this broker, it provides all the necessary services with convenient platforms. I used to struggle with the withdrawal there at some point, and customer support took forever to help me, but it was one time, that's why only 4 stars. But I hope I won't have to deal with anything like that in the future, and by far, everything has been going pretty well and fast.

Ethan Hart ★ 3/5

Advantages: Bonuses Small deposit License availability Affiliate Program

Disadvantages: No

Trades were always there for me. First I traded with my arms. Now I installed a robot. It runs very well on UST. I'm very pleased with withdrawal as well. I get my funds out quickly. I have a lot of accounts, of course I don't need all of them, but the fact that there is such a wide variety is a plus. I don't need all of them, but the fact that they are so diverse is a plus. I do not need all of them, but the fact that they are so diverse is a plus. I ordered a withdrawal - I got it and that's it. My trading strategy is scalping. My first broker, that I started scalping, broke my deals - my choice of the company was unsuccessful. I decided to try another broker, but the second attempt was also unsuccessful, I constantly had problems with withdrawal of funds, although my trading was going more or less well. My nerves gave out and I quit. I opened with this broker, was advised to try here. It turned out to be a very good option for scalpers.

Gavin Ferguson ★ 4/5

Advantages: 6 types of accounts for different levels of trader training Many ways and levels of support Functional terminal with 6 types of charts, 8 timeframes, 29 indicators and 16 oscillators Analytical materials, webinars and video tutorials in the public domain

Disadvantages: No demo account Trading only in US dollars

Decided to unsubscribe. You can work here and you can earn money. Yes, the trade is ambiguous, but if we analyze it, I have more profitable deals. At first I tried to work only on pairs and didn't see any sense in it. I like to trade according to forecasts, of course the diagnoses are not always correct, but usually I earn on them. I never work on news pairs, I use such instruments as oil, gold, silver or crypto for trading. I opened the first deals at 0.01, I recommend only starting with such volumes and then increasing them, I reached 0.5. I advise you to work with these tools very carefully, but I see the point now of working only on them. One more thing. Technically, the platform is average, it used to slow down. Ah! I also have a lack of a forum. I want to talk and discuss strategies, listen to other opinions and generally find trading associates. Even technical problems can be posted on the forum, where support will be able to read and solve them, and everyone will see what is coming. My opinion is that a forum is needed on the site.

Alexander Fowler ★ 5/5

Advantages: Withdrawal of money Affiliate program Very user-friendly interface

Disadvantages: Server problems

About studying with them, well, at the time when I came to them especially and there was not enough information on this on the network and thank you for that. In fact, they taught how to use the terminal, explained what transactions are and how to open and close them, too, but it was at the level of if cheap, then buy and sell expensive ....but the understanding that this is exactly the right moment did not come to me immediately (additional literature and various types of analysis helped more.But I still never wanted to leave them for all the time I was working, because the broker does not impose any lures and always withdraws money quite quickly. And the choice of trading instruments is large, and it is always supplemented.

Emanuel Ferreira ★ 4/5

Advantages: Everything is OK :ok_hand:

Disadvantages: nothing major

It's a pretty decent broker. :+1: I've been trading here for about 6 months.

Anthony Bouthot ★ 1/5

Advantages: None

Disadvantages: Big scam.

We should stop blaming victims and accusing them of being greedy; I wasn't greedy and I'm pretty smart, but I still fell victim and was only saved by expertise on reversalpro , c0m. I was fortunate, but there are many other victims out there who have been completely destroyed and are helpless.

Charlie Brown ★ 4/5

Advantages: Ample opportunities for margin trading Free online trading training High-quality market analytics Protection against negative balance Lots of free author tournaments with real money winnings Quick withdrawal of earnings

Disadvantages: Absence of a training center

An adequate broker for trading conditions, ECN accounts are super, the spread is actually low, it happens in majors almost zero. It is convenient that there is a balance account in the cabinet and the withdrawal of profits through it, and not directly from the account — you transfer it to the balance and you can immediately continue trading. There were no conflicts

Zachary Wyatt ★ 4/5

Advantages: A platform that instantly opens trade deals Mobile terminal High leverage Fast execution of orders Low spreads

Disadvantages: No

I am completely satisfied with this broker. Some complain that there is a large minimum deposit, but I can't understand these people. They probably have never seen large deposits. And here it is quite divine. I personally think it's even a great gift for the opportunity to trade with fixed spreads, and this is a great advantage. With fixed spreads, you can trade with high volatility. This applies to the period of the news release as well as to the night. As you know, during the news release and at night, floating spreads increase, which can make entering the market unprofitable. Therefore, I chose an account with fixed spreads from this broker.

Dominic Hill ★ 4/5

Advantages: Good speed of opening and closing transactions (even phone dealing is possible) No restrictions on the minimum deposit Secure withdrawal of funds Individual floating spread for each currency pair No commissions for opening and closing transactions

Disadvantages: Trading only in currency pairs No cent, PAMM and ECN accounts

An excellent broker! I simply don't have another characteristic. With a calm soul, I can recommend it to traders of all stripes. For beginners, pros, fund managers, crypto traders, currency speculators, etc. and so on. There are all imaginable and unimaginable assets, excellent trading conditions. And most importantly, this is the status and, accordingly, the reliability of the broker. I don't worry about my money with him at all, the main thing is to trade successfully, that's what you need to think about here.

Alexander Gregory ★ 4/5

Advantages: Account insurance Accurate quotes Operational work of technical support Fast video verification, which takes no more than 10 minutes and requires only a passport and a phone

Disadvantages: No bonuses and tournaments

I trade stocks and options. Recently I decided to try myself in the Forex market. Despite the unregulated nature of the market and other nature, I still opened an account. Drawing parallels with stockbrokers, this one is no worse. Using seminars and FX analytics, it turned out that from January 1, 2017, you can get up to 40% of the profit. The market, of course, is different, but if there is a good broker and a profitable system, then the result is guaranteed. In addition, trading signals from a broker can also be a good support for reinsurance of risks from one's own inexperience.

Harley Berry ★ 3/5

Advantages: No

Disadvantages: Read more in the comments

One of the limitations of the broker is that it does not have an application. The lack of native applications on multiple platforms can lead to problems when testing new strategies, as well as other basic functions that some traders may depend on in their work processes. Problems encountered by users: In the absence of applications, users have encountered some problems when using the software. The biggest of them was how to track your trades and how they went without external applications, since trading strategies often worked outside the application.

Evan Long ★ 4/5

Advantages: Some favorite aspects include its user-friendly interface, the availability of on-demand content, as well as an abundance of training materials and customer service options.

Disadvantages: The downside is all the interruptions of advertising that are necessary when accessing a web page, and not just when using different applications. Another disadvantage is that traders have limited freedom; they cannot withdraw money until they exceed the margin requirements of their account, and there may be significant fluctuations in leverage rates at any time.

In general, the broker pays great attention to security and customer satisfaction.

Dr. Sinem Özbey ★ 5/5

Advantages: The use of hosting does not require payment Funds can be withdrawn in a fraction of a second, around the clock The presence of three regulators and licenses from them, traders' money is kept separately from the company's capital, which increases security Spreads can only expand to a small extent

Disadvantages: No system of bonuses, contests (broker regulators' requirement)

The broker in question is a responsible partner for its clients. Payments of earned funds are made at the first request of traders and without delay. The trading terminal works without failures, orders are triggered instantly, money can be withdrawn without delay at any time. I have been working with a consistently positive result for a long time. I rate this broker as the best option for traders of various levels of training.

Jake Phillips ★ 4/5

Advantages: Simple ways to withdraw earnings from the platform Instant automatic withdrawal of profits from the platform Round-the-clock feedback in the trader's language Transparent terms of cooperation with the company A convenient trader's calculator

Disadvantages: Possible requotes and slips in terminals Absence of a training center

I chose this broker for trading because I like companies where you can choose branches with different registrations. Conveniently, you can choose an offshore company in one company, or FCA registration. The point here is that if a broker has a branch with registration with such a good regulator, then it can be considered reliable, even if you work in an offshore branch. There are two types of accounts - standard, you can open almost from $ 0 and professional - from $ 200.

Tyler Hancock ★ 4/5

Advantages: 1) You get access to market information that you would not be able to access without a broker. 2) Brokerage fees are lower than you would pay if you were trading on your own. 3) Increasing leverage and spreads gives traders more opportunities to profit in volatile markets.

Disadvantages: 1) If you lose money while trading, brokers will take losses to protect themselves from additional losses due to your trades. However, if they suffer losses, they have no obligation for additional compensation.

When I wanted to trade forex, I didn't want to be tied down by the hassle of managing all trades manually. I found a broker with artificial intelligence who could manage my trades for me. Trading is a complex process that requires a lot of time and effort from you. When you struggle with day-to-day trading activities and you don't have enough time, it's always better to outsource it to software or an AI broker that can handle your trading for you.

Sebastian Grant ★ 4/5

Advantages: History of ticks on the broker's website A large selection of trading terminals Simple ways to withdraw earnings from the platform Instant automatic withdrawal of profits from the platform Round-the-clock feedback in the trader's language Transparent terms of cooperation with the company A convenient trader's calculator

Disadvantages: No system of bonuses, contests (broker regulators' requirement) Possible requotes and slips in terminals Absence of a training center

The broker has a variety of trading instruments, from currencies to commodities. There are also many trading conditions that can meet the needs of each trader, for example, spreads and leverage.

Richard Christenson ★ 4/5

Advantages: Some of the advantages provided by the broker include round-the-clock customer service, competitive spreads and various educational resources to help traders succeed in this sector.

Disadvantages: The disadvantages include the commission for deposits and withdrawals, the limited number of assets available on each platform, and the lack of high-frequency trading instruments.

It can be difficult for beginners to trade in financial markets. That's why EXNESS broker has developed a number of platforms to simplify trading. The broker has a variety of trading instruments, from currencies to commodities. There are also many trading conditions that can meet the needs of each trader, such as spreads and leverage.

Eric Hatch ★ 5/5

Advantages: The advantages of using EXNESS are that it is easy to trade with it (the website is user-friendly and has many trading tools), has low spreads and flexible trading conditions. However, some disadvantages are that they do not have a mobile application, they do not offer Forex trading, and the broker does not have its own regulator.

Disadvantages: None

EXNESS is a brokerage company founded in 2011. It offers Forex, CFDs on stocks, ETFs, Indices and Commodities. It also provides three forms of binary options: digital call/put options with fixed income; digital ladder options; digital parameters in one touch.

Alfredo Sacchi ★ 4/5

Advantages: Transparent trading conditions, a small entry threshold with a moderate leverage.

Disadvantages: There were some minor problems with verification

EXNESS has been providing comprehensive brokerage services on international financial markets since 2009. The company focuses on technological development, taking into account the specifics of each region. I recommend EXNESS for novice traders.You can always rely on fast payouts and a good percentage. I don't plan to change my partner.

Nana Yaw Agyabeng ★ 1/5

Advantages: None

Disadvantages: Withdrawals not credited

My Account number 16066513. Exness is the worst forex broker in the world. I don't understand why they intentionally frustrate their customers whenever they make withdrawals. I made withdrawals on 17 and 18 August 2021 but my account is still not credited. They know very well that the money is not credited but they are pretending. That is their usual strategy, the used this to frustrate their customers till you give up and they take your money. PLEASE STAY AWAY. THEY ARE WELL TRAINED SCAMMERS.

Perry ★ 5/5

Advantages: minimum deposit

Disadvantages: None

Good afternoon! I have been actively trading stocks and currencies since February 2021. Actually, I am not only engaged in personal income trading, but also trying to increase the well-being of my company. The big advantage of this broker in my opinion is that the minimum deposit is $0, which helped me a lot as a beginner in trading.

Daniel ★ 5/5

Advantages: Local Payment method

Disadvantages: None

I was able to Deposit and Withdraw with my Local Bank account, it took 3 days to be credited. Be careful of the spread when you trade during the rollover, my positions were closed correctly

Jefferson Souza ★ 1/5

Advantages: ...

Disadvantages: Todo tipo. Ferramenta própria com problemas, convenientes para eles e ruins para o cliente. Problemas com depósitos. Retornos não contendo nada técnico, apenas uma resposta padrão. E muitos outros que apenas operando, claramente é perceptível. Preços que não condizem com o mercado em alguns momentos, principalmente na hora da inclusão de uma ordem e próximo a dar stop, por falta de margem.

Fizeram que eu perdesse mais de $ 4.000 dólares, por problemas na ferramenta padrão da web e o que havia restado, mesmo eu depositando uma quantia para segurar e deixando posições abertas em lados opostos, ainda assim deram um jeito de dar stop na conta, antes de creditar um valor que depositei a mais. Também fiz um depósito de R$ 1.500,00 e a especificação do site e da operação, dizem que no máximo em 24 horas os fundos estariam na minha conta, porém já se passaram uma semana e mesmo mandando comprovante e agora a pedido deles refazendo o processo de depósito, mas sem efetuar o pagamento novamente, ainda não entrou os valores. Então eles deixaram que eu perdesse o que restou da conta que eles haviam já me prejudicado, por não incluírem os fundos que depositei. Também notei oscilações estranhas nos preços, que acontecem em maior discrepância com o mercado, quando a conta está próxima de uma stop e quando você abre uma nova ordem, onde se for um ativo com 0 de spread, você pode notar o preço recuando em qualquer ordem aberta inclusive na conta de demonstração.

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Accounts

EXNESS ACCOUNT TYPES

Exness account types are specifically designed for beginners and professional traders; the broker also caters to specific religious regions. Exness trading accounts include:

Standard

The Standard account is specifically designed for beginners as it is the most accessible account on Exness because of its trading simplicity. The account is commission-free with a spread of at least 0.3, a minimum lot size of 0.01, and a maximum lot size of 200 (7:00 - 20:59 GMT+0) and 20 (21:00 - 6:59 GMT+0). Traders have access to unlimited positions to trade forex, metals, cryptocurrencies, energies, stocks, and indices.

Standard Cent

The Standard Cent account is also ideal for beginners; however, the trading volume here is measured in cents. The account is commission-free with a spread of at least 0.3, a minimum lot size of 0.01, and a maximum lot size of 200 (7:00 - 20:59 GMT+0) and 20 (21:00 - 6:59 GMT+0). Traders have access to 1000 maximum positions to trade forex and metals.

This account is an Exness micro account and is unique to Exness broker because it uses cents lots, a unique way of measuring the trading volume as cents instead of 1 unit of the base currency. Therefore, 1 cent lot is $1000 instead of $100,000 used for standard and professional accounts. The Exness micro account minimum deposit for a standard cent account depends on the Exness minimum deposit for your payment method which is usually for $10 for most methods.

Raw Spread

The Raw Spread account is ideal for professional traders. The minimum deposit here is $200 with a spread of 0.0 upwards. The commission is up to $3.50 for each side per lot, and its maximum leverage is unlimited. The minimum and maximum lot size is 0.01 and 200 (7:00 - 20:59 GMT+0), and 20 (21:00 - 6:59 GMT+0), respectively. On this account, there is no limit to the number of positions, and tradable instruments are forex, metals, cryptoсurrencies, energies, stocks, and indices.

Zero

The Zero account is ideal for professional traders. The minimum deposit is $200 with a spread of 0.0 upwards. The commission on this account starts from $0.01 per lot with unlimited leverage. The minimum and maximum lot size is 0.01 200 (7:00 - 20:59 GMT+0), and 20 (21:00 - 6:59 GMT+0), respectively. There is also no limit to the number of positions on this account, and tradable instruments are forex, metals, cryptoсurrencies, energies, stocks, and indices.

Pro

Yet another account ideal for professional traders. The minimum deposit here is $200 with a spread of 0.0 upwards. Pro Exness account types are commission-free with unlimited maximum leverage. The minimum and maximum lot size is 0.01 and 200 (7:00 - 20:59 GMT+0), and 20 (21:00 - 6:59 GMT+0), respectively. The positions on this platform are equally unlimited, and tradable instruments are forex and metals.

Demo Accounts

Exness provides demo accounts of its MetaTrader and Trading Terminal platforms. This account offers real-time prices and replicates real-time market conditions with assets such as forex and CFDs on stocks, commodities, and indices.

Islamic Accounts

This is a swap-free account available only to citizens of Islamic nations where the Sharia law is practiced.

Cent - EXNESS

Swap-free account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 4 Mobile
Deposit currencyUSDEURGBPAUDCHFCADCNYNZDRUBTRYIDRINRAEDSAR
Trading instruments
  • Forex1:Unlimited
  • Metals Gold, Silver1:Unlimited
  • CryptocurrenciesNot specified
  • Min deposit$10
  • Max leverage1:Unlimited
  • Commission0
  • Execution typemarket
  • Speed of executionVaries
  • Spread typefloating
  • Minimum position size0.01 units
  • Maximum position size10,000 units
  • Max. number of orders1000 for MT4 and 10,000 for MT5
  • Decimal places4
  • Margin Call60%
  • Stop Out0%
  • Locked margin level0%

Pro — EXNESS

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 4 MobileMetaTrader 5 MobileMetaTrader 5
Deposit currencyUSDEURJPYGBPAUDCHFCADCNYNZDRUBTRYIDRINRAEDSAR
Trading instruments
  • Forex1:Unlimited
  • CFDs Indices1:100 (varies)
  • Metals Gold, Silver1:Unlimited
  • Energy Source OilNot specified
  • CryptocurrenciesNot specified
  • SharesNot specified
  • Min deposit$500
  • Max leverage1:Unlimited
  • Commission0
  • Execution typeinstant
  • Speed of executionVaries
  • Spread typefloating
  • Minimum position size0.01 units
  • Maximum position sizeNo limits
  • Max. number of ordersNo limits
  • Decimal places5
  • Margin Call30%
  • Stop Out0%
  • Locked margin level0%

Zero — EXNESS

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5MetaTrader 4 MobileMetaTrader 5 Mobile
Deposit currencyUSDEURGBPAUDCHFCADCNYNZDRUBTRYIDRINRAEDSAR
Trading instruments
  • Forex1:2000
  • CFDs Indices1:100 (varies)
  • Metals Gold, Silver1:2000
  • Energy Source Oil, Gas1:20 for Oil and 1:5 for Gas
  • Cryptocurrencies1:20
  • SharesNot specified
  • Min deposit$500
  • Max leverage1:Unlimited
  • Commission$0.05 each side per lot
  • Execution typemarket
  • Speed of executionVaries
  • Spread typefloating
  • Minimum position size0.1 units
  • Maximum position sizeNo limits
  • Max. number of orders1000 for MT4 and Unlimited for MT5
  • Decimal places5
  • Margin Call30%
  • Stop Out0%
  • Locked margin level0%

RAW Spread — EXNESS

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5MetaTrader 4 MobileMetaTrader 5 Mobile
Deposit currencyUSDEURGBPAUDCHFCADCNYNZDRUBTRYIDRINRAEDSAR
Trading instruments
  • Forex1:2000
  • CFDs Indices1:100 (varies)
  • Metals Gold, Silver1:2000
  • Energy Source Oil, Gas1:20 for Oil and 1:5 for Gas
  • Cryptocurrencies1:20
  • SharesNot specified
  • Min deposit$500
  • Max leverage1:Unlimited
  • CommissionUp to $3.50 each side per lot
  • Execution typemarket
  • Speed of executionVaries
  • Spread typefloating
  • Minimum position size0.01 units
  • Maximum position sizeNo Limits
  • Max. number of orders1000 for MT4 and Unlimited for MT5
  • Decimal places5
  • Margin Call30%
  • Stop Out0%
  • Locked margin level0%

Tradable instruments

Tradable instruments on Exness trading platforms include:

✓Currencies100
✓Stocks74
✓Cryptocurrencies33
✓Commodities12
✓Indices13

Exness bonuses and promotions

All Exness offers (4) →

Frequently asked questions

Find the right answer to your question below.

Is Exness a regulated broker?

Exness is regulated by many entities globally. The most notable include the UK’s FCA, CySEC in Cyprus, FSCA in South Africa, and FSA in the Seychelles.  It’s important to remember that the level of oversight and protection does vary from country to country. In particular, offshore entities may offer less protection.

What trading platforms does Exness offer?

Exness stands out with its many trading platforms. This means you can choose your ideal platform according to your specific preferences and style. The main trading platforms offered include the Exness Terminal, MetaTrader 4 & 5, and the app.  MetaTrader 4 & 5 are industry-standard and offer automation and algorithmic trading. However the Exness Terminal offers many tools for charting, analysis and one-click trading.

What account types does Exness offer?

In this Exness review we have talked about the different account types the broker offers. These are optimized according to trading experience, from beginners to professionals.  Exness offers commission-free accounts, and the main one is the Standard account. This is an ideal choice for beginners and offers variable spreads. Alternatively, commission-based accounts, such as the Raw Spread and Zero, are ideal for professional traders. These offer tighter spreads and commission charged per trade.  It’s important to understand minimum deposit requirements for each account. Commission-free accounts require a minimum of $10. Commission-based accounts require a minimum $200 deposit.

Does Exness offer negative balance protection?

Exness broker indeed offers negative balance protection. This offers peace of mind that you cannot lose more money than is in your account balance. Even if the market were to crash, you cannot lose your money.  For beginners in particular, this feature helps to mitigate risk, but it also works very well for professionals too. As a result, it’s impossible to owe the broker any money if your account falls into negative numbers.

Where can I find user reviews and ratings for Exness?

You can find Exness reviews by users and industry experts online, specifically on sites dedicated to broker and trading reviews. You can check Trustpilot in particular, where users share their experiences and rate brokers based on criteria.  It’s important to read reviews to ensure that you’re making the right choice of broker. This decision won’t be the same for everyone, so making a personalized choice is vital.

Exness compared with alternative brokers

Key figures for Exness and 4 similar brokers. Open them all in the comparison tool to see every spec side by side, or compare Exness with one of them using the links under the table.

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Highlights
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • MT4 & MT5 Platforms
  • Up to 1:1000 Leverage
  • From $10 Minimum Deposit
Overall verdict4.9 / 54.8 / 54.7 / 54.8 / 54.8 / 5
Minimum deposit$10$10$5$5$10
Maximum leverage1:20001:20001:10001:10001:1000
Withdrawal fee$01%$0$0$0
Deposit fee$0$0$0$0$0
Safety5 / 54.8 / 54.7 / 55 / 54.8 / 5
Top-tier regulatorsFCA, CYSECNoNoCySEC, FSCA, DFSAFSRA
Investor protectionNoYesNoYesYes