Established in 2008, Exness has grown into a major global forex and CFD broker serving over 800,000 clients worldwide. This Exness broker review examines the company’s trading platforms, account types, fees, regulation status, and overall trading experience to help you determine if it’s the right broker for your needs. With multiple regulatory licenses and a reputation for fast withdrawals, Exness has positioned itself as a competitive option in the online trading landscape.
Exness Pros and Cons
Advantages
- Multiple tier-1 regulatory licenses including FCA and CySEC
- Ultra-competitive spreads starting from 0.0 pips
- Fast withdrawals with no manual processing
- Flexible leverage up to unlimited (region-dependent)
- Negative balance protection for all clients
- Extensive range of 96 currency pairs
- Social trading platform for copy trading
- 24/7 multilingual customer support
Disadvantages
- Limited product range with under 250 total tradeable symbols
- Retail clients can’t access UK and Cyprus regulated entities
- Higher spreads on Standard Cent accounts
- Limited educational resources for beginners
- Social trading requires minimum $500 deposit
- Research content lags behind top-tier brokers
Is Exness Safe? Regulation and Security
One of the most important considerations when choosing a broker is safety and regulatory compliance. Exness operates under multiple regulatory licenses across different jurisdictions, providing a strong framework of oversight and client protection.
| Regulator | Entity Licensed | Jurisdiction | License Number |
| Financial Conduct Authority (FCA) | Exness (UK) Ltd | United Kingdom | 730729 |
| Cyprus Securities and Exchange Commission (CySEC) | Exness (Cy) Ltd | Cyprus | 178/12 |
| Financial Sector Conduct Authority (FSCA) | Exness ZA (PTY) Ltd | South Africa | 51024 |
| Seychelles Financial Services Authority (FSA) | Exness (SC) Ltd | Seychelles | SD025 |
| Financial Services Commission (FSC) | Exness (VG) Ltd | British Virgin Islands | SIBA/L/20/1133 |
| Capital Markets Authority (CMA) | Exness (KE) Ltd | Kenya | 0003LSI |
It’s important to note that while Exness holds tier-1 licenses from the FCA (UK) and CySEC (Cyprus), retail clients are typically onboarded to its offshore entities in the Caribbean and Africa. This is a significant consideration for traders concerned about regulatory protection.
Client Protection Measures: Exness implements several safety measures including segregated client funds, negative balance protection, and participation in investor compensation schemes. The broker is also a member of the Financial Commission, an independent external dispute resolution organization that provides coverage for claims up to €20,000.
Exness Account Types
Exness offers a diverse range of account types designed to accommodate different trading styles and experience levels. Each account type features specific trading conditions, execution methods, and cost structures.
| Feature | Standard | Standard Cent | Pro | Zero | Raw Spread |
| Minimum Deposit | $10 | $10 | $500 | $500 | $500 |
| Spreads From | 0.3 pips | 0.3 pips | 0.1 pips | 0.0 pips | 0.0 pips |
| Commission | None | None | None | $3.5 per side | $3.5 per side |
| Maximum Leverage | Unlimited* | Unlimited* | Unlimited* | Unlimited* | Unlimited* |
| Execution Type | Market | Market | Instant/Market | Market | Market |
| Margin Call Level | 60% | 60% | 30% | 30% | 30% |
| Stop Out Level | 0% | 0% | 0% | 0% | 0% |
| Swap-Free Option | Yes | Yes | Yes | Yes | Yes |
*Leverage availability depends on your region and local regulations. EU and UK clients are restricted to lower leverage limits per regulatory requirements.
Standard and Standard Cent Accounts
The Standard account is Exness’s most popular offering, suitable for both beginners and experienced traders. It features commission-free trading with spreads starting from 0.3 pips. The Standard Cent account operates similarly but allows trading in cents rather than dollars, making it ideal for beginners looking to practice with minimal risk.
Professional Accounts
For more experienced traders, Exness offers three professional account types:
- Pro Account: Features tighter spreads than Standard accounts with no commission and offers both instant and market execution.
- Zero Account: Provides spreads starting from 0 pips with a commission of $3.5 per side per lot.
- Raw Spread Account: Offers the tightest spreads with a commission structure similar to the Zero account.
Demo Account
Exness provides a free demo account that allows traders to practice without risking real money. The demo environment replicates live market conditions and is available for all account types except Standard Cent. Traders can open up to 100 MT4 and 100 MT5 demo accounts from their Personal Area.
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Trading Platforms
Exness offers a comprehensive suite of trading platforms to accommodate different trading styles and preferences. From industry-standard MetaTrader solutions to proprietary platforms, traders have multiple options for accessing the markets.
MetaTrader 4 and 5
Exness provides full support for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry’s leading trading platforms. These platforms offer:
- Advanced charting capabilities with multiple timeframes
- Extensive library of technical indicators and drawing tools
- Support for automated trading via Expert Advisors (EAs)
- Available as desktop applications, web platforms, and mobile apps
- One-click trading and customizable interface
MT4 remains popular for its simplicity and robust EA ecosystem, while MT5 offers additional features including more timeframes, indicators, and an integrated economic calendar.
Exness Terminal
The Exness Terminal is the broker’s proprietary web-based trading platform. Key features include:
- Minimalist design with intuitive interface
- TradingView-powered charts with over 100 indicators
- Drag-to-modify order features for both pre-trade and post-trade adjustments
- Integrated Trading Central analysis and economic calendar
- No download required – accessible from any browser
Exness Trade App
The Exness Trade mobile app is available for both Android and iOS devices, offering:
- Full trading functionality on the go
- Advanced charting with multiple timeframes and indicators
- Real-time quotes and market analysis
- Account management and 24/7 in-app support
- Push notifications for market events and trade updates
Exness Social Trading
Exness offers a dedicated social trading platform that allows traders to copy the strategies of successful traders. Features include:
- Browse and follow strategy providers based on performance metrics
- Transparent performance statistics including maximum drawdown and monthly returns
- Trading Reliability Indicator to assess provider safety
- Minimum deposit of $500 to copy trade and $2,000 to become a strategy provider
- Dedicated mobile app for social trading
MetaTrader 5 platform offered by Exness with advanced charting capabilities
Fees and Commissions
Trading costs are a crucial factor when selecting a broker. Exness offers competitive pricing across its account types, with different fee structures to suit various trading strategies.
Spreads
Exness provides variable spreads that depend on market conditions and account type:
| Account Type | EUR/USD Average Spread | Commission | Total Cost (per 1.0 standard lot) |
| Standard | 1.0 pips | $0.00 | $10.00 |
| Pro | 0.6 pips | $0.00 | $6.00 |
| Zero | 0.0 pips | $7.00 | $7.00 |
| Raw Spread | 0.0 pips | $7.00 | $7.00 |
Swap Rates (Overnight Financing)
When positions are held overnight, swap rates (also known as overnight financing) apply. These rates vary by instrument and can significantly impact the cost of longer-term positions. Exness offers swap-free options on many instruments, which can be advantageous for certain trading strategies.
| Position | Average Spread | Commission | Swap Rate (1 Night) | Total Cost (1.0 lot) |
| EUR/USD Long | 0.6 pips | $0.00 | -$5.70 | $11.70 |
| EUR/USD Short | 0.6 pips | $0.00 | $0.00 | $6.00 |
Other Fees
- Deposit Fees: Exness does not charge deposit fees, though third-party payment processors may apply their own fees.
- Withdrawal Fees: No withdrawal fees are charged by Exness. The broker processes most withdrawals instantly for verified clients.
- Inactivity Fees: Exness does not charge inactivity fees.
Pro Tip: For active traders executing multiple trades daily, the commission-based Zero and Raw Spread accounts typically offer the most cost-effective solution due to their ultra-tight spreads.
Range of Markets
Exness offers a diverse but focused selection of tradable instruments across multiple asset classes. While the product range is narrower than some competitors, it covers the most popular markets with good depth in forex trading.
| Asset Class | Number of Instruments | Leverage Available | Trading Hours (GMT+0) |
| Forex | 96 currency pairs | Up to unlimited* | Sunday 22:05 – Friday 20:59 |
| Cryptocurrencies | 10 crypto CFDs | Up to 1:20* | 24/7 |
| Metals | 18 metals | Up to 1:500* | Sunday 22:05 – Friday 20:59 |
| Energies | 3 energy CFDs | Up to 1:500* | Sunday 22:05 – Friday 20:59 |
| Indices | 10 index CFDs | Up to 1:400* | Varies by index |
| Stocks | 90+ stock CFDs | Up to 1:50* | Varies by exchange |
*Leverage availability depends on your region, local regulations, and account type. EU and UK clients are restricted to lower leverage limits per regulatory requirements.
Forex Trading
With 96 currency pairs, Exness offers one of the most extensive forex selections in the industry. This includes all major pairs, minor pairs, and a wide range of exotic currencies, making it an excellent choice for dedicated forex traders.
Cryptocurrency Trading
Exness offers 10 cryptocurrency CFDs, including popular coins like Bitcoin, Ethereum, and Litecoin. It’s important to note that these are CFD products, meaning you’re trading on price movements without owning the actual cryptocurrencies. Crypto CFDs are not available to retail traders from UK entities.
Other Instruments
The broker also provides access to metals (including gold and silver), energy commodities (like crude oil), stock indices, and individual stock CFDs. While the selection is more limited than some competitors, it covers the most popular instruments with good liquidity.
Leverage and Margin Requirements
Exness offers flexible leverage options that vary by account type, instrument, and your geographic location. The broker is known for providing high leverage, with some accounts offering “unlimited” leverage in jurisdictions where this is permitted.
Leverage Options
The maximum leverage available depends on several factors:
- Regulatory Jurisdiction: Clients under FCA (UK) or CySEC (EU) regulation are limited to 1:30 for major forex pairs and lower for other instruments, in compliance with ESMA rules.
- Account Type: All Exness account types offer the same maximum leverage options.
- Instrument: Different asset classes have different maximum leverage limits.
- Account Equity: Higher account balances may have reduced maximum leverage.
Margin Call and Stop Out Levels
Exness implements a risk management system with margin calls and stop-out levels:
- Margin Call Level: 60% for Standard accounts and 30% for Professional accounts. This is a warning that your margin level is approaching the stop-out threshold.
- Stop Out Level: 0% across all accounts. When your margin level reaches this threshold, Exness will begin automatically closing your positions, starting with the most unprofitable.
Negative Balance Protection
Exness offers negative balance protection to all clients, ensuring that you cannot lose more than your deposited funds. This is particularly important when trading with high leverage, as it protects traders from owing money to the broker in case of extreme market volatility.
Important: While high leverage can amplify profits, it also significantly increases risk. New traders should approach high leverage with caution and consider starting with lower levels until they gain more experience.
Deposits and Withdrawals
Exness offers a wide range of payment methods with fast processing times, particularly for withdrawals. The broker is known for its instant withdrawal system, which processes most requests without manual intervention.
Deposit Methods
Exness supports numerous deposit options, including:
- Credit/Debit Cards: Visa, Mastercard
- E-Wallets: Skrill, Neteller, Perfect Money, SticPay
- Bank Transfers: Wire transfers, local bank transfers
- Local Payment Methods: Various region-specific options
The minimum deposit is $10 for Standard accounts and $200 for Professional accounts, though this may vary depending on the payment method.
Withdrawal Process
Exness processes withdrawals through the same payment method used for deposits. If multiple methods were used, withdrawals must be made in proportion to the deposits. Key features of the withdrawal process include:
- Processing Time: Most e-wallet withdrawals are processed instantly for verified clients. Bank transfers may take 1-3 business days, while card withdrawals can take up to 5 days.
- Fees: Exness does not charge withdrawal fees, though third-party payment processors may apply their own fees.
- Verification: Account verification is required before withdrawals can be processed.
Note: Exness processes over $1.6 billion in client withdrawals quarterly, demonstrating its financial stability and commitment to efficient payment processing.
Customer Support
Exness provides 24/7 customer support in multiple languages, ensuring that traders can get assistance whenever they need it. The broker’s support infrastructure is designed to accommodate its global client base.
Support Channels
- Live Chat: Available 24/7 with quick response times, typically under 1 minute.
- Email Support: For more complex inquiries that require detailed responses.
- Phone Support: Available for urgent matters.
- Help Center: Comprehensive knowledge base with FAQs and guides.
- In-App Support: 24/7 assistance directly through the Exness Trade App.
Languages Supported
Exness offers 24/7 support in English, Chinese, Thai, Vietnamese, Arabic, Bengali, Hindi, and Urdu. Additional languages with 24/5 support include French, Swahili, Indonesian, Japanese, Korean, Spanish, and Portuguese.
VIP Support
High-volume traders may qualify for Exness’s Premier Program, which offers enhanced support services including:
- Priority customer support
- Exclusive educational content
- Trading analytics
- Special promotions and rewards
Research and Trading Tools
Exness provides a range of research tools and market analysis resources to help traders make informed decisions. While not as extensive as some top-tier brokers, the offering includes valuable third-party integrations and proprietary tools.
Trading Central
Exness integrates Trading Central, a leading provider of technical analysis and trading signals. This service offers:
- Technical analysis for major forex pairs and other instruments
- Trading signals with entry/exit points and risk management suggestions
- Integration within the Exness Terminal platform and MT4
Market News and Analysis
Traders can access market news and analysis through several channels:
- FXStreet Integration: Real-time news headlines and market updates
- Economic Calendar: Upcoming economic events with expected impact
- Weekly Market Outlook: Commentary from in-house analysts
- Exness Blog: Articles covering market trends and trading strategies
Technical Tools
Exness provides several technical tools to enhance trading capabilities:
- VPS Hosting: Free virtual private server for qualifying clients, ideal for running automated trading strategies 24/5
- Trading Calculators: Tools for calculating margin, profit/loss, and swap rates
- Advanced Charting: TradingView-powered charts with over 100 indicators and drawing tools
Educational Resources
Exness offers limited educational content compared to some competitors, focusing primarily on platform guides and basic trading concepts rather than comprehensive learning materials for beginners.
Available Resources
- Platform Guides: Tutorials on using MT4, MT5, and Exness Terminal
- Trading Basics: Articles covering fundamental trading concepts
- Market Analysis: Weekly outlook videos with trading insights
- Team Pro Content: Trading methodologies shared by experienced traders
Note for Beginners: Exness targets more experienced traders, so beginners may need to supplement with external educational resources. Consider using free educational content from reputable third-party sources to build your trading knowledge.
Mobile Trading Experience
Exness offers several mobile trading solutions to ensure traders can monitor and manage their positions on the go. These include the official MetaTrader mobile apps and Exness’s proprietary applications.
Exness Trade App
The flagship Exness Trade App is available for both iOS and Android devices, offering:
- Full trading functionality with real-time quotes
- Advanced charting with multiple timeframes and indicators
- Account management features
- 24/7 in-app support
- Push notifications for market events and trade updates
MetaTrader Mobile Apps
Exness provides the standard MT4 and MT5 mobile applications, which include:
- Trading directly from charts
- Technical analysis with indicators
- Market and pending orders
- Financial news
- Push notifications
Exness Social Trading App
For copy trading enthusiasts, Exness offers a dedicated Social Trading app that allows users to:
- Browse and follow strategy providers
- Monitor performance metrics
- Adjust copy trading parameters
- Track copied positions in real-time
Exness Trade App for iOS and Android
Exness Social Trading App
Social and Copy Trading
Exness offers a comprehensive social trading solution that allows traders to follow and automatically copy the strategies of successful traders. This feature is particularly valuable for beginners or those with limited time for market analysis.
How Exness Social Trading Works
The social trading platform operates on a simple principle: users can browse through a list of strategy providers, analyze their performance, and choose to copy their trades. Key features include:
- Strategy Provider Selection: Browse and filter providers based on performance metrics, risk levels, and trading instruments.
- Performance Metrics: Detailed statistics including maximum drawdown, monthly returns, and Trading Reliability Indicator.
- Copy Trading Coefficient: Adjust the proportion of your capital allocated to copying each provider.
- Real-time Monitoring: Track the performance of copied strategies and make adjustments as needed.
Account Requirements
Exness offers two specific account types for social trading:
- Social Standard: Requires a minimum deposit of $500, with spreads starting from 1.0 pips.
- Social Pro: Requires a minimum deposit of $2,000, with tighter spreads starting from 0.6 pips.
To become a strategy provider and allow others to copy your trades, you need a minimum deposit of $2,000.
Important Consideration: While social trading can be an effective way to participate in the markets with limited knowledge, it’s essential to carefully evaluate strategy providers and understand that past performance is not indicative of future results.
Algorithmic Trading Capabilities
Exness provides robust support for algorithmic trading through its MetaTrader platforms and infrastructure designed for automated strategies. This makes it suitable for traders who prefer to use Expert Advisors (EAs) or custom scripts.
Platform Support
- MetaTrader 4 and 5: Full support for MQL4/MQL5 programming languages to create custom EAs, indicators, and scripts.
- MetaEditor: Integrated development environment for creating and modifying trading algorithms.
- Strategy Tester: Backtesting functionality to evaluate EA performance using historical data.
Execution Infrastructure
Exness maintains an infrastructure optimized for algorithmic trading:
- Low-Latency Execution: Fast order processing to minimize slippage.
- No Requotes: Trades are executed without interruptions.
- Reliable Uptime: High availability ensures continuous EA operation.
VPS Hosting
Exness offers free Virtual Private Server (VPS) hosting for qualifying clients, providing several advantages for algorithmic traders:
- 24/7 operation without needing to keep your own computer running
- Reduced latency due to server proximity to trading servers
- Stable internet connection for reliable execution
To qualify for free VPS, you need a total deposit of $500, a minimum free margin of $100, and trading activity within the past 14 days.
Unique Features and Advantages
Exness offers several distinctive features that set it apart from many competitors in the online trading space. These unique selling points contribute to its growing popularity among traders worldwide.
Unlimited Leverage
In eligible regions, Exness offers unlimited leverage, allowing traders to control large positions with minimal capital. This is complemented by negative balance protection, which ensures you cannot lose more than your deposited funds.
Instant Withdrawals
Exness processes withdrawals automatically without manual intervention, resulting in near-instant transfers to many payment methods. This system handles over $1.6 billion in quarterly withdrawals, demonstrating its efficiency and reliability.
Transparent Trading Statistics
Unlike many brokers, Exness publishes detailed statistics about its trading volumes, client withdrawals, and active clients. This transparency builds trust and provides insight into the broker’s operations.
0% Stop-Out Level
Exness implements a 0% stop-out level across all account types, meaning positions are only closed when your margin level reaches zero. This provides additional flexibility compared to brokers with higher stop-out thresholds.
0% Hedged Margin
When opening positions in opposite directions on the same instrument, Exness requires margin only for the larger position. This hedged margin policy frees up capital for other trades.
Swap-Free Trading
Exness offers swap-free options across all account types, allowing traders to hold positions overnight without incurring swap fees on selected instruments.
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Who Is Exness Best Suited For?
Based on its features, pricing structure, and overall offering, Exness caters to specific types of traders. Understanding who benefits most from this broker can help you determine if it’s the right choice for your trading needs.
Forex Specialists
With 96 currency pairs and competitive spreads, Exness is ideal for traders who focus primarily on forex markets. The extensive range of major, minor, and exotic pairs provides ample opportunities for currency traders.
Scalpers & Day Traders
The combination of tight spreads, fast execution, and flexible leverage makes Exness well-suited for short-term trading strategies. The Zero and Raw Spread accounts are particularly advantageous for high-frequency traders.
Algorithmic Traders
Full support for MetaTrader platforms, free VPS hosting, and reliable execution infrastructure create an excellent environment for traders using Expert Advisors and automated strategies.
Copy Traders
The dedicated social trading platform allows less experienced traders to follow successful strategies while learning from more seasoned investors. This makes Exness accessible to those still developing their trading skills.
Emerging Market Traders
With localized payment methods, multilingual support, and services tailored to various regions, Exness is particularly strong in emerging markets across Asia, Africa, and the Middle East.
Intermediate to Advanced Traders
The limited educational resources suggest Exness is better suited for traders with some experience rather than complete beginners. The broker’s tools and features are designed for those who already understand trading fundamentals.
Not Ideal For: Complete beginners with no trading knowledge, traders seeking an extensive range of instruments beyond forex, or traders from restricted jurisdictions including the USA, UK, and EU (retail clients).
Conclusion: Is Exness the Right Broker for You?
After conducting this comprehensive Exness broker review, it’s clear that the company offers a competitive trading environment with several standout features. The broker’s strengths include ultra-low spreads, flexible leverage options, instant withdrawals, and a robust regulatory framework.
Exness particularly excels in forex trading with its extensive range of 96 currency pairs and competitive pricing. The availability of multiple account types allows traders to choose conditions that best suit their strategies, while the social trading platform provides an accessible entry point for less experienced traders.
However, Exness does have limitations. The product range is narrower than some competitors, educational resources are limited, and retail clients cannot access the broker’s tier-1 regulated entities in the UK and Cyprus. These factors should be considered when evaluating whether Exness meets your specific needs.
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Frequently Asked Questions
Is Exness safe?
Yes, Exness is considered safe as it operates under multiple regulatory licenses including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and others. The broker implements client fund segregation, negative balance protection, and is a member of the Financial Commission with coverage for claims up to €20,000. However, it’s important to note that retail clients are typically onboarded to offshore entities rather than the UK or Cyprus-regulated ones.
What is the minimum deposit for Exness?
The minimum deposit at Exness is $10 for Standard and Standard Cent accounts, and $200 for Professional accounts (Pro, Zero, and Raw Spread). For social trading, you need a minimum of $500 to copy trade and $2,000 to become a strategy provider. The exact minimum may vary depending on your payment method and region.
Does Exness offer negative balance protection?
Yes, Exness offers negative balance protection to all clients, ensuring that you cannot lose more than your deposited funds. This is particularly important when trading with high leverage, as it protects traders from owing money to the broker in case of extreme market volatility.
What trading platforms does Exness offer?
Exness offers multiple trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), the proprietary Exness Terminal web platform, and mobile trading apps. The broker also provides a dedicated social trading platform for copy trading. All platforms are available for demo accounts except for the Standard Cent account.
Can I trade with Exness in the USA?
No, Exness does not accept clients from the United States. The broker is not registered with the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA), which are required to offer forex trading services to US residents.
