Exness Review


Exness is a well-established broker since 2008. Exness has headquarters in Cyprus, Seychelles and United Kingdom. They are generally well-suited for Exness to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by CySEC 178/12, FCA (UK) 730729 and FSA (Seychelles) SD025. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
www.exness.com

Established
2008

Country
Cyprus, Seychelles and United Kingdom

Regulation
CySEC 178/12
FCA (UK) 730729
FSA (Seychelles) SD025

Features

Trading contests

Free education

PAMM accounts

LAMM accounts

Segregated accounts

Affiliate program

Islamic accounts available

Vps

Account Information

This broker offers Standard, Raw Spread, Pro, Standard Cent and Zero. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Exness is up to 1:2000. Meanwhile, you can open an account with a starting capital of $1

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$1

Maximum Leverage

1:2000

Spread

Variable and Fixed

Commission

$3.50


Minimum Deposit $1

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Pending orders

One-click trading

Browser-based platform

Instruments Traded

Besides lots of currency pair, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:100

CFD
1:2000

Oil
1:50

Stocks
1:20

Indexes
1:100

Metals
1:100

Energies
1:50

Cryptocurrencies
1:100


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Pending orders

One-click trading

Browser-based platform

Instruments Traded

Besides lots of currency pair, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:100

CFD
1:2000

Oil
1:50

Stocks
1:20

Indexes
1:100

Metals
1:100

Energies
1:50

Cryptocurrencies
1:100


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Pending orders

One-click trading

Browser-based platform

Instruments Traded

Besides lots of currency pair, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:100

CFD
1:2000

Oil
1:50

Stocks
1:20

Indexes
1:100

Metals
1:100

Energies
1:50

Cryptocurrencies
1:100


Minimum Deposit $1

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, Exness also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:100


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:100

CFD
1:2000

Oil
1:50

Stocks
1:20

Indexes
1:100

Metals
1:100

Energies
1:50

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Exness also provides payment with Credit/debit cards, Perfect Money, Tether (USDT) and Yandex.Money

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, Exness offers you MetaTrader 4 and MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to Exness? If you do, you should reach Exness's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Bengali/Bangla
Chinese
English
French
German
Hindi
Indonesian
Italian
Japanese
Korean
Portuguese
Russian
Spanish
Thai
Urdu
Vietnamese

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads. For example, the spread for Mini and Classic accounts is only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs for ECN account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as an automatic fund withdrawal system. If a trader withdraws funds through the e-Payment facility provided by Exness, the processing time is instant and goes straight into the account. This means that when traders make a withdrawal, everything happens automatically without human intervention.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable for delays in processing deposits and withdrawals if such delays are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. When trading on Exness, transaction fees are not charged to traders. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

All information displayed on the Exness website is tested and proven. Their business is audited quarterly by Deloitte, which is an audit company for financial services.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers through them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading on Exness, profit opportunities generated by traders also increase with VPS hosting services. This feature helps to maintain trading activities to progress smoothly and without interruption in the event of unexpected troubles such as lost internet connection or electricity problems that shut down traders' PCs unanticipatedly.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also notorious for its maximum support on bot new and existing partners.


Give Your Review and Rate This Broker



40 Reviews


YuNa

Jul 27 2020

They keep getting better every year, so I decided to re-activate my account. The support helped me a great deal for it

Alex Joann

Jul 27 2020

My mentor suggested Exness when I was still new. They really help me to grow my account and never give any significant problem during my learning phase. Thanks Exness

Clara91

Jul 27 2020

I only want to trade in a reliable broker, and for me, exness has what it takes to be a reliable broker

John Wallace P

Jul 27 2020

Used to trade in another broker and everything was difficult. I never feel similar diificulties from Exness. Keep up the good work!

nickycloud

Jul 27 2020

I registered based on my friend's recommendations.

So far so good. I can see why many traders favor this broker

Jenny AD

Jul 27 2020

Quick withdrawal and I got what I need in their trading signals. Good app for mobile phone too

Make it easier for me to trade everywhere

McPherson

Jul 27 2020

Very nice broker! They have a good principle to avoid ambiguous bonus programs. Very desirable for safe trading

Harry Andrews

Jul 20 2020

My withdrawal was delayed for two days even though the balance got immediately reduced. Fortunately, it didn't happen every time. The other day I requested a withdrawal and the process only took 5-10 minutes.

Chow Pax

Jul 20 2020

They claim to have 0 spreads, but the reality doesn't say so. I never see the 0 spreads, BTC/USD even has 400+ pips spread. I can't choose which one is more preferable so oftentimes I'm constrained to 2-3 pairs with 10-15/20 pips spread.

Win72fx

Jul 20 2020

I heard a lot of complaints about withdrawal, but Exness rarely has it. In my opinion, this is where a forex broker's quality is really determined. As long as the problem is kept to a minimum, it can be safely said that the broker is quite recommended. No need for A-Z promotions, withdrawal quality says it all!!

bangbang52

Jul 20 2020

I always have positive experiences with Exness. There are a lot of benefits for IBs

Ryanserie

Jul 20 2020

I have traded with this broker for several months. Though I doubted it in the beginning due to my painful experience with several other brokers when dealing with fund withdrawal, I'm amazed that Exness turns out to have auto deposit/withdrawal.

As for the payment methods, there are many choices for deposit while withdrawal method is only internet banking. So far it's not a problem for me as the process can be done in  a few minutes. I'm not advertising but I truly enjoy trading with this broker.

Ok Oc

Jul 20 2020

I used to trade in this broker because of its competitive trading conditions. I gradually left Exness because it can't keep up to offer attractive promotions.

Marais El

Jul 20 2020

I recommend moderate leverage from 1:200 - to 1:500. Avoid high leverage at all costs.

Exness is a good broker as they're able to give 1:3000 leverage but always warn their clients should they want to try it.

Jonah rule

Jul 20 2020

The Stop Loss didn't work. My account got MC because of it.

Leon

Jul 20 2020

The first time I tried to withdraw from this broker I immediately feel wronged. They said the payment process using FasaPay is instant, but it actually needed 3-5 business days. Where is the instant withdrawal that they claim to be capable of providing with? I'm beginning to doubt this broker

Bona Gann

Jul 20 2020

Dear Exness,

Please don't complicate my withdrawal process. I have been trading with you since 2011, but lately, I'm always feel cheated as my withdrawal requests are always rejected for some abstract reasons. Here are the instances.

1. My withdrawal is usually confirmed by email but suddenly it's changed to be via phone, which makes it difficult for me during the switchover. the case was cleared but it psychologically troubled me a great deal.

2. I ordered a withdrawal via FasaPay for $350 and my balance at that time was $1044. When I choose the currency, there was a notification indicating that I my balance was not enough. I was made to totally unable of withdrawing my fund. The case was cleared but I haven't succeeded in withdrawing my fund.

3. Lastly, all of my payments are via FasaPay, but I was once denied of withdrawal process because I supposedly use BTC to deposit. Wth?? I didn't even have a BTC account.

Forex young

Jul 20 2020

I've been trading only in Exness for 3 years. Other brokers are not good for a scalper like me due to the many restrictions. I can enjoy my profit in this broker and focus on trading for a living, not aiming to become a billionaire.

Exness' cons usually appear when there are news releases. It'll be very difficult to enter a trade and sometimes the MT4 can freeze. Recently there is a leverage warning every time important news are about to appear. There will be adjustment to margin requirements and the leverage can shrink to 1:200. Is it because the Exness team is also trading and they don't want to lose?

Mike Falon

Jul 20 2020

My friends and I have been trading with Exness (mini account, dp/wd via fasapay) with no problems and satisfying conditions. We can optimize the broker's feature to our capabilities, and that's saying something. Loss and profit come and go, even margin call is a normal occurrence. We consider them as precious experiences to rebound from.

Jarwo JK

Jul 20 2020

Ever since I found this broker I feel it's the best. FasaPay withdrawal is instant despite the maximum limitation for transfer amount per transaction. The support is quite responsive as well as the ib commission. Unlimited leverage is also great for snipers with small capital.

Mr Artie

Jul 20 2020

I admit that Exness spreads tend to widen significantly during news releases. Slippage is also a risk but which broker doesn't have it? Aside from the disadvantages, Exness cent account is preferable.

As long as you don't trade the news, everything is good.

Agys Rb17

Jul 20 2020

Average spreads in other brokers' cent account range from 1.3 to 2 pips. Exness has lower spreads that can get below 1 pip with the average spread only 1 pip.

John Juniors

Jul 20 2020

I quite like this broker especially for its mini and cent accounts. When I was still a beginner I got margin call so I tried other brokers. My comparison results in all of those brokers' real accounts proved that Exness' cent account is pretty good.

Still, I can't quite choose Exness as my only one broker since there's no local bank deposit/withdrawal and fixed rate... Wish they can provide them sometimes in the future... ?

Bill Nielson

Jul 20 2020

Update from my previous predicament,

Exness has given back my money, and as a fair responsibility, I wrote here again about their good feedback. Imo it is the only broker willing to really compensate their client.

Bill Nielson

Jul 20 2020

I was disappointed after the DDoS attack incident. My account's profit went positive before it changed so suddenly that it triggered margin call. When I asked to clarify it the broker said that it could be compromised. I had sent my MetaTrader's log file and followed their instruction to wait for 3 days.

Every time I ask about my loss to this day they always ask for more time. If they can compensate for my loss I'll salute them. Otherwise, I'll spread this unfairness everywhere

Zahir SQW

Jul 20 2020

ATTENTION!!!

Traders with more than 3 years experience in this broker, please be careful especially if your account collects big profit regularly.

This broker will disconnect your account oftentimes!!!

The only solution is to have a backup for the internet connection. You need to quickly change your ISP when your account is forced to disconnect for more than 5 minutes.

I met a lot of problems like this. One example is when I got $20,xxx profit, and my account was disconnected for more than 3 hours. They sent an email to inform me that there had been a DDoS attack. I changed ISP quickly and the problem was immediately solved. At that time my profit has decreased to $3,xxx

 

Side Notes:

I had tested my internet speed and there was no problem whatsoever.

I closed all my positions and withdrew all funds, never look back again.

This broker was long known to cheat traders with big profits. Some of my friends can attest to that.

 

Another side note:

Bonus promotion and spreads are deceiving. When the price is volatile the spreads could widen extremely.

Shane

Jul 20 2020

I've been unable to connect to my real account for two days. So disappointing since Exness never gave me any trouble before. The live support ignored my complaints so I can't do anything....

Will Daniels

Jul 20 2020

In my opinion, Exness is quite attractive as the account types range from Cent to ECN. The leverage is also very accommodating to all types of traders.

Ronald Sd

Jul 20 2020

This broker's not good for scalpers and news traders....

I keep getting requoted which resulted in my positions being executed in unfavorable prices....

If you like to trade the news don't choose this broker

Danny A Pearson

Jul 20 2020

This broker may fix some things, but what made me stop trading with them is the spread. Even the spreads in the ECN account is not favorable compared to other brokers' spreads. The service is not bad, the trading condition leaves a lot to be desired. If only Exness has zero fixed spread, I will reconsider my decision. But this broker is unfortunately not innovative enough.

Sandy Marteen

Jul 20 2020

I no longer trust this broker. I deposited a large sum of money but it's never credited to my account.

Astafx

Jul 20 2020

Never run into any problem during withdrawal, either for small or big fund, everything goes smoothly

Stephen Faraday

Jul 20 2020

I withdrew 5 times from Exness and all the proceedings went instantly without any trouble.

Opie Brotha

Jul 20 2020

From the time I learned to trade to the time I'm finally able to trade independently, withdraw my fund regularly, and gain profit consistently, I haven't met any problem. This is a recommendation from my mentor...

Ines

Jul 20 2020

I enjoy trading in this broker. It's been 1 year

Arzd Playr

Jul 20 2020

Exness is the only broker that I'm loyal to. I can use many platforms in this broker.

Romy

Jul 20 2020

I use two brokers and one of them is Exness. Both have pros and cons but overall, I have no doubt in their safety. I haven't managed to withdraw my fund but so far I'm quite satisfied.

Maya Santini

Jul 20 2020

I didn't quite trust this broker initially, but I saw that they keep improving.

Eve Paige

Jul 20 2020

This broker is not bad. I doubt it in the beginning, but the service is getting better. I've been trading in Exness for one year and feel the change. From the new regulation, support language, and the most important of all: the Analysis in my account. It's SUPERB!

I'm currently educating myself to trade with indicators. It will be better if Exness allows automatic trading.

Reyno

Jul 20 2020

After googling for some time I decided to pick this broker. I've been with Exness for 3 months, and so far so good. The registration process and other proceedings went smoothly. It hasn't been fully tested, but I hope everything goes well to the withdrawal process