Exness broker review

Exness Company was created as a coproduct of Trading Point Financial Instruments Ltd., which has a reputation of one of the world’s largest providers of Internet trading services. Forex broker Exness started its activity in 2009. The company was founded in Cyprus, called initially XEMarkets, but after rebranding its name was shortened to Exness.

Exness in 2024 is a significant and globally recognized investment company with a leading position in the industry. The broker has the knowledge and resources to allow traders with any experience and from any country in the world to implement their investment plans successfully. And by tracking the latest trends in the industry and incorporating the latest technologies into its operations, the company is continuously improving to meet the growing and more sophisticated needs of its clients.

The results of the company’s work for ten years: 2 500 000+ clients; Traders from 196 countries; Support of 30+ languages; 25+ payment systems; 16 multifunctional trading platforms; 450+ specialists with rich experience in finance.

Trading information and Exness terms

Exness broker has an elaborate classification of accounts, where there is a division into two categories: Standard and ECN. Having access to interbank liquidity will be good news for experienced traders, for whom it is a determining factor of reliability. Regardless of the initial deposit available, the user will have to open one of the following account types on the official Exness website before trading on financial markets:

Standart
	Standart	Cents	For equity trading
Initial deposit	$100	$1	$100
Leverage	1:1000	1:500	1:10
Spread size	From 1.3 point	From 1.5 points	From 0.1 point
Tools	Currency pairs, metals, raw materials	Currency pairs, metals	Equities

For accounts with access to interbank liquidity, alternative trading conditions are offered:

ECN
	Standart	Zero	Pro
Initial deposit	$500	$200	$25000
Leverage	1:1000	1:1000	1:200
Commission amount	$2/lot	No.	No.
Tools	Currency pairs/metals	Currency pairs/metals	Currency pairs/metals/securitys

Exness brokerage company has positioned itself as a severe participant of the securities market since the beginning of its foundation. Therefore, potential traders should not wait for the most loyal conditions. For example, on ECN MT5 accounts the order commission is $4, which is one of the highest values among European brokers. And this should be considered before starting to earn with this Forex dealer.

A personal Forex cabinet is created at www.exness.com in just a couple of clicks! But to start trading, the user will have to pass the verification stage, confirming personal information from his passport or another identification document. After that, you will be granted access to MyExness – an own cabinet, which has many functions — starting from the possibility of training with Exness, up to tracking personal trading statistics.

The advantages of Exness include an extended list of assets that are available on individual accounts. These include currency pairs, commodities, indices, precious metals, stocks and cryptocurrencies.

All these categories of financial instruments are available in the Metatrader trading platform and web terminal. A bonus for Exness users in Russia and other countries will be access to a mobile application, through which you can open and close transactions 24 hours a day. It is convenient that even on ECN accounts orders are processed 24/7, but with swap charges.

All earned money can be withdrawn through numerous payment systems. No commission is charged for transactions, but it can be withheld by issuing banks.

Exness Trading Platforms

Exness offers a range of user-friendly and powerful trading platforms to suit the needs of every trader. From the convenience of the Exness App to the advanced features of MT5, here are the platforms offered by Exness:

• Exness App: Trade on-the-go with a user-friendly mobile platform.
• MetaTrader 4 (MT4): Renowned for its reliability, extensive charting capabilities, and customizable interface, making it ideal for traders of all levels.
• MetaTrader 5 (MT5): Offering advanced trading tools, additional order types, and improved execution speeds, MT5 caters to traders seeking a broader range of instruments and trading options.
• Web Terminal: Access trading directly from your web browser with the Web Terminal, providing quick and easy trading without the need for downloads or installations.

Regulation

The British regulation of the FCA (Trading Point of Financial Instruments UK Limited) is the most powerful advantage of a broker. It means that the company’s activity meets all the regulatory rules and regulations. A licensed broker is a reliable broker, and if he has a license from the most significant regulated body, the integrity of his work is beyond doubt.

Also, Exness Group is licensed by ASIC in Australia (Trading Point of Financial Instruments Pty Limited) and CySEC in Cyprus (Trading Point of Financial Instruments Ltd).

Trading on Exness

Exness offers terminals from MetaQuotes MT4 and MT5 for opening orders.

There are three versions available:

• Web;
• Desktop;
• Mobile.

Different amount of assets is available on the platforms. It is possible to trade 300 instruments in total complexity:

• currency pairs;
• precious metals;
• crypto-assets;
  
• spot contracts for raw materials;
  
• equities;
  
• indexes.
  

Social Trading” option – Exness INVEST. You need to select one or more strategic managers, decide on the size of the investment and enter the amount to the speculator via the Exness personal area. Commission to the manager from 10% is paid out in case of profit.

Any trader can try himself as a strategic manager. You will need to apply for and register, and trade on the platform, generating additional income. The higher the trading results, the more clients will want to use the signals.

Feedback

One of the most important indicators of the broker’s work is the feedback of traders who already have experience working with the platform and are ready to share it. Reading the feedback from Exness clients, you realize that a broker tries to work for a client, always goes to a meeting, providing high-quality services and excellent service. Traders are happy to work with a broker and do not need to use other similar services, the reliability of most of which is in considerable doubt. They highly appreciate Exness and leave a lot of positive feedback.

First of all, users are impressed by the principles on which the work of the broker Exness is built. Excellent, attentive attitude to the client and his needs, quick problem solving, favourable conditions for profitable trading and all this is accompanied by the highest service.

Among the advantages of the service, clients note a modern multi-language interface, stable operation of the software, timely payments, fast registration and simple verification, a large number of instruments for trading, low spread, fast order execution, frequent bonuses, reliability, competent support service.

“I like this broker, and I have been working closely with him for a long time. Always payments are timely, and I am satisfied with them. You can count on it, and what else do you need?”

“Thank you, Exness for its quality service! One of the few companies that warn about trade risks.”

“Quite a good broker with excellent, just great execution. Of course, the spreads are a bit large, but due to the excellent execution of trades, this is not felt. The website has a great bonus program and loyalty program”.

“Positive broker, the main advantage of technical support of the client on the questions, timely, accurately, withdrawal of money on the day of the order on the conclusion that pleases, not everyone has it: traditional trading conditions, plus bonuses. I continue to trade with Exness”. 

As for negative reviews, of course, they also exist, but they are rare. The deal was cancelled, long waiting for withdrawal of funds, too secure password, etc.

Advantages and disadvantages

The pros:

• International focus: 2.5 million clients from 196 countries;
• 20+ Forex awards;
• Licensed and regulated broker: FCA (UK), ASIC (Australia), CySEC (Cyprus);
• Intuitive and straightforward interface, characterized by the smooth operation;
• Multilingualism: customer service in more than 30 languages;
• Seven asset classes: trading currencies in Forex, stock indices, commodities, stocks, metals and energy;
• Three types of accounts with different trading conditions, as well as the possibility to open a demo account;
• The minimum deposit to open an account is $5;
• 100% order execution and 99.35% of transactions are opened within 1 second;
• 100% order execution and 99.35% of transactions will be unlocked within 1 second;
• Fast implementation of orders on cent accounts;
• 16 trading platforms;
• 25 payment systems;
• 1000+ traded instruments;
• Narrow spreads: from 0.6 pips for all trading accounts;
• 55+ popular currency pairs;
• 300+ CFDs on shares, indices, commodities, metals, energy;
• Zero commissions for input and output;
• Leverage up to 1:888;
• Personal account managers;
• Free daily technical analysis of the forex market;
• A huge amount of training materials, free webinars;
• Issue of Mastercard bank cards with your logo and the ability to withdraw funds to them without commission pay for goods and services on the Internet;
• Fast and qualified technical support;
• Bonuses: welcome bonus (up to 5000$), a loyalty program.
• Mobile trading.

Minuses:

• Weak password protection for your account: You cannot use special characters when compiling a password;
• Lack of two-factor authentication;
• Not regulated by the Central Bank of Russia;
• No ECN-accounts (Electronic Communication Network).

Learn more about Exness