Exness review
Exness is a Multi-Assets Trading Platform with over 200+ Assets
Exness is a multi asset platform with 200+ tradable Assets. Assets available on Exness include Forex.
Exness trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex are considered financial assets.
Features of Exness
- Virtual Portfolio, or what is commonly known as a Demo Account
- API Trading
- Exness offers Advanced Financial Chart comparison tools
- Exness offers Research-backed analysis on financial markets and investments from top analysts
- The Exness platform is available to use on multiple devices including Apple Mac computers, iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- Exness offers a trading platform with tools for both New Traders and Seasoned Experts
- Exness users benefit from using the Exness platform in over 15 different languages
Exness review
What you should know
Exness offer one way to trade: Forex. The assets and products available to you on the Exness trading platform depends on the region of the world, you are in and the Exness entity you have an account.
With Exness you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with Exness platform.
Exness are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Exness safe?
When considering Exness for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Exness, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Exness have a head office in Cyprus.
Exness is regulated. This means Exness are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133) regulatory bodies.
Exness withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Exness are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Exness are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Exness and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Exness has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Exness will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Exness, you can enjoy peace of mind and focus on your trading activities. If Exness violate any regulatory rules their regulated status could be stripped.
Losses can exceed deposits
Is my money safe with Exness?
All payments made to Exness by traders are securely held in a segregated bank account.
Exness uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Exness use them?
Exness partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Exness clients' funds.
Exness clients can have greater confidence in their financial security when working with a Tier 1 bank because Exness are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Exness deposited in a Tier 1 bank?
Depositing funds with Exness ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Exness were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Exness is a secure and safe platform.
Please be aware that trading in financial assets with Exness carries a risk of loss. Exness trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Exness emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Exness, let's closely examine its features.
To better understand the Exness trading platform, you can create two separate accounts - one with real money and the other a Exness demo account. A Exness demo account provides a risk-free environment for experimenting with the Exness platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Exness trading decisions.
Open a demo account Visit Exness
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Exness as a Company Compare Against Other Brokers
Broker | Exness | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Cyprus | Australia | Belize | Cyprus, UK |
Regulation | Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 800,000+ Exness users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit Exness | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
Exness review
Exness Pros and Cons
Exness review
Exness Regulation and Licensing in more detail
Exness is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Exness going into insolvency. Exness compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Exness to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Exness traders.
- Financial Conduct Authority (FCA) (730729)
- Cyprus Securities and Exchange Commission (CySEC) (178/12)
- Financial Services Commission (FSC) (SIBA/L/20/1133)
Exness is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Exness you should be sure they're legitimate online agent.
Is Exness Global?
Yes, Exness is global as Exness is available in over 192 countries.
Exness is a global trading platform in the sense that it operates in 192 countries including nations in Africa, Oceania, and Europe. Major countries Exness covers include the UK, Germany, South Africa, Thailand, China and Australia. Exness has a total of more than 800,000 users.
Exness review
Exness Awards
Exness have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Exness below.
- Home Five Awards at The Cyprus Responsible Business Awards 2024
- Double Honours at FMAS - Finance Magnates - 2024
- Two Prestigious Awards at Forex Traders Summit Dubai - 2023
Exness review
Exness Fees Explained
- Exness doesn't charge withdrawal fees.
- Exness does not charge a fee for inactive accounts.
- Exness doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Exness are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Exness Costs To Check
Modern brokers like Exness provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Exness may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Exness trading profitability.
How Exness Fees Compare Against Other Brokers
Broker | Exness | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 10 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | No | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | $10- $30 | Yes | No | Yes |
Exness Minimum Deposit
Exness requires a minimum deposit of 10 GBP/USD/EUR when opening an Exness trading account.
A minimum deposit is the minimum amount of money required by Exness to open a new online brokerage account with them.
Don't be scared off by brokers like Exness charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Exness, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Exness Withdrawal Fees
Exness doesn't charge withdrawal fees.
Exness Withdrawal rules may vary across different brokers when it comes to transferring funds from your Exness or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Exness may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Exness withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Exness. Researching and comparing Exness withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Exness funds frequently or dealing with large sums of money. Awareness of these Exness fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Exness funds.
For example, Exness allows you to withdraw your funds to Credit cards, VISA, MasterCard, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer.
Exness Inactivity Fees
Exness does not charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Exness terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Exness fees and services. It's recommended that you check the Exness website before signing up. If you decide to close your Exness account, it's important to do so with the Exness broker customer support and obtain confirmation that no remaining Exness fees are due.
Brokers like Exness must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Exness Deposit Fees
Exness does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Exness Commission Fees
Exness does charge commission on CFD instruments.
Brokerage firms like Exness may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Exness trading account level held by the trader.
Exness may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Exness terms and conditions to understand the commission fees and any other charges that may apply is essential.
Exness review
What can you trade with Exness?
It's essential to note that the trading instruments offered under the Exness brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Exness trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Exness over 200 instruments in fact.
If you want to trade currency pairs on global Forex markets, Exness offer over 110 currency pairs.
Exness Compared To Other Brokers
Compare Exness with IC Markets and Roboforex below.
How Exness Trading Options Compare Against Other Brokers
Broker | Exness | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 200 | 2250 | 12000 | 6000 |
Platforms | MT5, MT4, Apple App iOS, Android Google Play, Exness Trade App, Exness Terminal, MetaTrader WebTerminal | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 110 | 61 | 35 | 50 |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | Yes | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | No | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 0 | 2100 | 0 | 2042 |
UK Shares | No | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Exness
Losses can exceed deposits |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
Exness review
Trading on Exness web platforms and other applications
Exness is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
A Exness iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
Exness also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Exness's platformsIs the Exness Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Exness trading platform to protect you on PC and mobile Exness platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Exness web trading platforms.
Exness Trading Platform Options
After logging into your Exness account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Exness does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options Exness gives you.
Exness review
Exness MetaTrader 4 (MT4)
Exness MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Exness offers traders comprehensive features and tools to enhance their trading performance. The Exness MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Exness platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Exness traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Exness traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Exness trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Exness MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Exness, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Exness MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Exness allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with Exness in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Exness MetaTrader 4 is compatible with the latest macOS. Exness allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on Exness
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade Exness MetaTrader 4 on iOS Devices
You can download the Exness app or trade with Exness through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Exness customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade Exness MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and Exness offers its clients access to the MetaTrader 4 platform on these devices. With the Exness MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Exness traders to stay on top of their trades and react quickly to changes in the market. With the Exness MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade Exness MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on Exness are a powerful bundle of three major indicators designed to help traders make informed decisions. Exness MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help Exness traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Exness traders to potentially stay one step ahead.
Exness MetaTrader 4 Advanced Trading Tools
The Exness MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Exness traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Exness provides traders with everything they need to succeed. The Exness MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Exness traders to analyze the market at any level of complexity.
Trade Exness MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
Exness MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the Exness platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for Exness MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, Exness traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Exness users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Exness traders can navigate the platform and find the information they need to make informed trading decisions.
Exness Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Exness traders of all experience levels.
Exness review
Exness MetaTrader 5 (MT5)
Exness MetaTrader 5 (MT5) In Detail
Exness MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Exness MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on Exness provides the convenience of using automated trading systems and copy trading, giving Exness traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade Exness MetaTrader 5 WebTrader
Access your Exness MetaTrader 5 accounts from any web browser. MT5 on Exness features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
Exness review
Exness MT5 Buying and Selling
Exness MetaTrader 5 on iOS Devices
Exness MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Exness MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
Exness MetaTrader 5 on Android Devices
The Exness MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the Exness trading server. Take the time to understand all of the Exness Android MetaTrader 5 features. With Exness MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
Exness Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- Exness Financial instrument quotes
- View in-depth price charts of financial instruments with Exness MetaTrader
- Manage trades and open positions on Exness MT4 & MT5
- View your Exness trading history
- View market news
- MetaTrader internal messaging on Exness
- View and research market statics of Exness financial instruments
- Exness Position opening and closing
- Lookup symbols in the Exness MetaTrader quotes section
- Display of deals on Exness graphs
- Exness Timeframe selection for graphs and charts
- Additional vertical scaling of Exness graphs
- Capability to transfer Exness accounts to other devices using QR codes
- Information is available only if it's supplied by Exness
- Access the OTP generator through FaceID or fingerprint with Exness
Exness MetaTrader 5 Advanced Trading Tools
Exness MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- Exness MT5 Depth of market bids and asks
- Financial Price Data on Exness
- Margin Calculation, Futures, Forex on Exness
- Advanced Techincal Analysis on Exness MT5
- One click trading on Exness MT5
- Exness Spreads
- Exness Futures
- Exness Trading Reports
Exness Trading benefits
- Exness Allows scalping
- Exness Allows hedging
- Exness Offers STP
- Exness Low min deposit
- Exness Offers Negative Balance Protection
Exness Trading Accounts Offered
Below we give an overview of the account types that Exness offer. Whatever you are looking to trade, the varying Exness account types will be able to provide you with what you need.
- Exness Demo account
- Exness Mini account
- Exness Standard account
- Exness STP account
- Exness Islamic account
Can I try Exness?
Exness provides a demo account that enables individuals to explore trading before investing their funds. By creating a Exness practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Exness demo account can help individuals to make informed decisions before investing their money.
Open a demo Exness account to practice and trade.
Losses can exceed deposits
Exness withdrawal and funding methods
It's essential to remember that the payment methods provided by Exness vary based on the Exness entity and the Exness client's country of residence. To view the Exness payment options available, you can log into your Exness member's area.
Exness offers various funding payment methods listed in your Exness dashboard if available in your region. To learn more about the Exness funding and withdrawal options available in your area, you can explore the Exness website.
Exness provides several payment methods for funding your Exness account. You may utilize any of these deposit options if they are available in your region. Exness ensures that users have multiple payment methods to choose from, making it more convenient for verified Exness account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Exness user's location. learn more about Exness funding and withdrawal methods.Exness Payment Methods
Some Exness payment methods are local and are available only to specific regions. Exness account holders should check which payment methods are provided in your region.- Exness accepts Credit cards
- Exness accepts VISA
- Exness accepts MasterCard
- Exness accepts Bank Transfer
- Exness accepts Neteller
- Exness accepts PerfectMoney
- Exness accepts WebMoney
- Exness accepts CashU
- Exness accepts Payoneer
Broker | Exness | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | Yes | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available Exness and other broker payment methods depend on the clients country of residence.
How can I start trading with Exness?
To open a trading account with Exness, individuals can sign up on the Exness website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Exness account validation and making a deposit. Once completed, Exness users can download the trading platform of their choice.
It's important to note that Exness requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Exness maintain a trustworthy financial environment for its 800,000 users. Detailed information on the Exness trading platforms is available on their website.
Losses can exceed deposits
Performing trades with Exness
When using Exness, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Exness have a max trade of 200 Lot. With STP execution on the Exness platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.
Like other brokers, Exness margin requirements can differ depending on the traded instrument.
Limiting Your Risk When Trading with Exness Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like Exness. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Exness trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Exness trading losses are always limited to the current balance of funds in the trader's account.
Even if an Exness trader experiences a significant loss, they will never owe more money than what is available in their Exness account balance.
It's important for Exness traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Exness losses are limited to the funds available in your Exness account when negative balance protection is in place.
Education Resources at Exness
Exness offer educational resources which include Insight and Market Analysis, Blogs. Please bear in mind that these resources provided by Exness do not guarantee any results when trading. When we checked on the Exness website, these educational resources were not available in every language. Also some financial instruments mentioned in any Exness educational resources may not be available in your region.
To trade effectively with Exness, it's important to have a good understanding of the Exness trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Exness and externally.
Exness . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Exness. Familiarizing yourself with the Exness trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Exness. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Exness involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Exness, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Exness. Explore the Exness platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Exness, before live trading.
Customer Support at Exness
As part of our Exness review, we review customer service options, response times and problem resolution effectiveness on the Exness trading platform. The Exness trading platform supports multiple languages, which includes English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish.
Exness Available Support Types
Exness have a double AA grade support rating because Exness offer live chat and email support in multiple languages.
Livechat Support at Exness
Exness does not offer LiveChat Support.
Email Support at Exness
Our experience with Exness email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.
Phone Support at Exness
Our experience with Exness phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with Exness.
See how Exness Support Compares Against Other Brokers
Broker | Exness | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Exness | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Exness
As Exness is regulated by Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133).
As a new client of Exness, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Exness in your region. During the Exness account opening process, you will be asked to provide Exness with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Exness have the following documents available.
- Exness require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Exness compliance. This must be dated within the last six months.
- If you plan to fund your Exness account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Exness platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Exness Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Exness's platform.
However, remember that you won't be able to make trades on Exness until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Exness KYC compliance process as soon as possible to avoid any delays in accessing the Exness platform's features.
It is important to note that Exness may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Exness platform and features immediately. However, you must pass the verification process to start live trading with Exness, which can take up to a few business days.
To start the process of opening an account with Exness you can visit the Exness trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.exness.com/ on November 18, 2024.
Watch this Exness Explainer Video
Is Exness A Good Broker?
We have spent over 5 years examining Exness in depth. Although we found some very useful aspects of the Exness platform that would be useful to some traders. We feel that a alternative to Exness may better suit you.
- Exness have a good track record of offering Forex.
- Exness has a history of over 16 years.
- Exness has a reasonable sized customer support of at least 10.
- Exness are regulated by the Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133). Exness is subject to strict regulatory oversight from its respective jurisdiction, which holds Exness (the broker) accountable for misconduct. This regulatory framework helps ensure that Exness operates fairly and transparently and provides Exness customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Exness.
- Exness have regulation from reputable regulators.
- One of the advantages of using Exness is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Exness are particularly important as Exness traders want to receive their money quickly. With the efficient Exness payment processing system, traders can enjoy faster access to their Exness funds.
- Exness have an international presence in multiple countries. Including local Exness seminars and training.
- Exness can hire people from various locations in the world who can better communicate in your local language.
Exness Risk Disclosure
Losses can exceed deposits
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Exness not quite right?
If after reading this Exness review, Exness does not fulfill your needs check out these Exness Alternatives.
Click here to view the best Exness Alternatives
We have spent years researching the best alternatives to Exness. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Exness alternatives available today. If you are unsatisfied with Exness or want to explore other options, we recommend checking out our carefully curated list of highly-rated Exness alternatives. Follow the links below to learn more about these Exness broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related Exness Vs Comparisons
Throughout our comprehensive Exness review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Exness against other popular brokers in the industry, check out our Exness Vs pages. Our team has compiled a series of detailed Exness comparison articles, pitting the Exness platform against some of the best-rated Exness competitors in the market. Dive into our informative Exness Vs pages below to find out how Exness stacks up against other leading brokers.
- Exness vs ICMarkets
- Exness vs Roboforex
- Exness vs eToro
- Exness vs XTB
- Exness vs XM
- Exness vs Pepperstone
- Exness vs AvaTrade
- Exness vs FPMarkets
- Exness vs easyMarkets
- Exness vs SpreadEx
- Exness vs FxPro
- Exness vs AdmiralMarkets
- Exness vs ThinkMarkets
- Exness vs FXPrimus
- Exness vs Trading212
- Exness vs ForexMart
- Exness vs Eightcap
- Exness vs ForTrade
- Exness vs InteractiveBrokers
- Exness vs Forex.com
- Exness vs IG
- Exness vs Robinhood
- Exness vs Coinbase
- Exness vs Binance
- Exness vs Oanda
- Exness vs CMCMarkets
- Exness vs HargreavesLansdown
- Exness vs Ayondo
Exness review
EXNESS Frequently Asked Questions
Read our detailed Exness FAQ Section updated for 2025.
Can I try Exness?
Exness offer a demo account so you can try the Exness platform with virtual trading before you put down a payment. Virtual trading with Exness is zero risk. Learn more here
What funding methods do Exness accept?
Please note that the list of payment methods below depends on the Exness Entity and the client's Country of Residence.
Exness offer the following funding payment methods Credit cards, VISA, MasterCard, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer, among other payment methods.
Learn more here
Is Exness safe?
Exness have over 800,000 users. Exness are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133). Any payments funded to Exness accounts by traders are held in a segregated bank account. For added security,Exness use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Exness is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Exness unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Losses can exceed deposits
Is Exness trading good?
Exness is considered good and reputable to trade with Exness. Exness is used by over 800,000 traders and Exness users. Exness offers Forex trading. Minimum deposit with Exness is 10.
Is Exness trading Legit?
Exness was founded in Cyprus in 2008. Exness has been facilitating trade on the financial markets for over 16 years. Exness offers clients Forex trading. All funds deposited to Exness are held in segregated bank accounts for security. Exness is regulated by Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133) so can be considered legit.
Is Exness a good broker?
Exness allows Forex trading. Exness is overseen by the top tier financial regulators Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133) so can be considered a good broker.
Is Exness trustworthy broker?
Exness is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Exness, money is in a segregated bank account that is separate from Exness company's funds. As a regulated broker, Exness cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Exness. Instead, your Exness funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Exness. Also Exness is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133).
What is the minimum deposit for Exness?
The minimum deposit to trade with Exness is 10.
How long do Exness withdrawals take?
Withdrawing money from Exness processing time varies depending on the method but averages 1-5 days.
Is Exness regulated?
Exness is regulated by the Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133). Regulatory bodies conduct regular reviews and audits as part of Exness maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Exness a market maker?
Exness is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Exness even if no buyer or seller is lined up.
How can I start trading with Exness?
When opening a trading account with Exness, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Exness trading platforms, you can follow the link provided below: Learn more about signing up with the Exness trading platform here. This will provide useful information and insights into the various trading platforms offered by Exness, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Exness?
Yes your money is safe with Exness.
Overall, strict financial regulation is essential for ensuring that trading platforms like Exness operate fairly, transparently, and responsibly, which ultimately benefits all Exness stakeholders involved.
Trading platforms like Exness must have strict financial regulation for several reasons:
- Protecting Exness Investors: Strict financial regulation ensures that investors who use the Exness trading platform are protected against fraudulent or unethical behavior by the Exness platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Exness platform.
- Maintaining Exness Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Exness trading platform. Regulatory procedures reduce the likelihood of the Exness platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Exness Transparency: Regulations require trading platforms like Exness to maintain detailed records and disclose Exness client information. Financial regulatory requirements enhances transparency and helps to build trust between the Exness platform and its investors.
Exness is regulated by the Financial Conduct Authority (FCA) (730729), Cyprus Securities and Exchange Commission (CySEC) (178/12), Financial Services Commission (FSC) (SIBA/L/20/1133). When selecting a broker such as Exness, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Exness ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Exness.
Is Exness a con?
Exness is regulated and well established, having been in business for over 16 years. Exness is not a con.
Can you make money with Exness?
Although traders have had great success with Exness, trading on the financial markets with Exness is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does Exness have fees?
Exness doesn't charge withdrawal fees. Exness doesn't charge inactivity fees. Exness doesn't charge deposit fees.
When was Exness founded?
Exness was founded in 2008.
How many people use Exness?
Exness is used by over 800,000 registered Exness users.
What is Exness Headquarters country?
Exness has its head quarters office in Cyprus .
Does Exness offer negative balance protection?
Exness offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Exness offer guaranteed stop loss?
Exness does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Exness allow scalping?
Exness offers scalping.
Does Exness allow hedging?
Exness offers hedging.
Does Exness offer CFD trading?
Exness does not offer CFD trading.
Does Exness offer STP?
Exness offers STP trading.
How many people use Exness?
Exness is used by over 800000 Exness users and traders.
Is Exness an ECN broker?
Exness does not offer ECN trading.
Does Exness offer a demo account?
Exness offers a demo account.
Does Exness offer an Islamic account?
Exness offers an Islamic account.
What are the funding methods for Exness?
Please note that funding methods and options available with Exness can be found in the Exness Members area and depend on the Exness client’s country of residence. Please check your specific available payment methods on the Exness website. Exness accept the following funding methods : Credit cards, VISA, MasterCard, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer.