Exness Rated 3/5

Exness Guide - Read our In Depth 2021 Exness Review

This Exness review was written by industry experts with over 20 years of financial experience in Forex.
The content in this Exness review does not apply to US users.

Benefits of Trading with Exness

Exness Review 2021 Quick Summary
💰 Min Deposit 1
👱‍♂️ Used By 10,000 Exness users and traders
📆 Founded 2008
🌍 HQ Cyprus
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF)
🚫 Excluded Countries Exness is not available in the following countries : US, JP, SG

Open Exness's Website

Losses can exceed deposits


learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.

What is Exness?

Exness are a global online financial trading platform and multi asset broker founded in 2008

Over 13 years later Exness has grown to offering retail investors Forex trading.

Exness are a global broker. Exness have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Exness review and assess how well the Exness platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Exness can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Exness we breakdown the pros and cons. What Exness are able to offer, what countries Exness are available in. Who Exness are regulated by and more.

Exness Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Exness review useful.

This review of the Exness platform is very detailed. If you are interested in trading with Exness in any capacity please take the time to read and research the whole Exness review.

We have tried to explain the ins and outs of financial trading through the Exness platform as plainly as possible so that you the trader are as informed as possible before you start to use the Exness trading tools and depositing and withdrawing funds from Exness.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Exness like Forex trading. you should have confidence in Exness and know that the management of your financial investments on the Exness platform are in good hands.

At the bottom of this Exness review you can also learn about some pretty good alternatives to Exness

With this Exness review we hope to help you see if Exness is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Exness that will help you get off to a good start in the world of online trading.

Exness Review Table of Contents

Exness review
Exness is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Exness. Exness is a multi asset platform with 100+ tradable Assets. Assets available on Exness include Forex.

Exness trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex are considered financial assets.

Features of Exness

Exness review
What you should know

Exness offer one way to trade: Forex.

With Exness you will need a minimum deposit of $1. 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 choosing a broker like Exness the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 13 years Exness have a head office in Cyprus.

Exness is regulated. This means Exness are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Exness, this will be honored. If Exness violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Exness?

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 banks financial health and strength.

What are Tier 1 banks and why should Exness use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Exness deposited in a Tier 1 bank?

Having any money you deposit with Exness means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Exness goes out of business for some reason.

Therefore, we can safely conclude that Exness is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Exness also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding Exness. let us look at the Exness features in more detail.

Try creating two accounts when you are working with Exness. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Exness

Losses can exceed deposits

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 eToro XTB IC Markets
Year Established 2008 2007 2002 2007
Head Office Cyprus Cyprus, UK Poland Australia
Regulation Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ Exness users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Exness Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

Exness review
Exness Pros and Cons

What we like about Exness

  • Used by over 10,000 Exness users and traders
  • Established in 2008
  • Regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF)
  • Min. deposit from $1

What we don't like about Exness

Exness review
Exness Regulation and Licensing in more detail

We have checked and Exness is regulated and supervised by reputable organisations. You are able to check every Exness supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Exness. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Exness traders and provide a safe trading environment. Financial regulation and license approval is essential.

Exness is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as 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 Europe, Oceania, and Africa. Major countries Exness covers include the UK, Germany, Australia, South Africa, Thailand, and China. Exness has a total of more than 10,000 users.

Exness review
Exness Fees Explained

  • Exness withdrawal fees varies on payment method
  • Exness does not charge a fee for inactive accounts.
  • Exness does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Exness Fees Compare Against Other Brokers

Broker Exness eToro XTB IC Markets
Min Deposit 1 200 0 200
Withdrawal Fees Yes Yes varies No
Inactivity Fees No Yes Yes No
Deposit Fees Yes No No Varies
CFD Commission Fees $10- $30 Yes Yes Yes

Exness Minimum Deposit

Exness require a minimum desposit of 1 GBP/USD 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.

Dont be scared off by brokers like Exness charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Exness Withdrawal Fees

Exness withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Exness for example allow you to withdraw your funds to Credit cards, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer.

Exness Inactivity Fees

Exness does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Exness Desposit Fees

Exness does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Exness Commission Fees

Exness does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Exness review
What can you trade with Exness?

Be aware that Different entities under Exness Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Exness over 100 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets Exness offer over 110 currency pairs.

Compare Exness with eToro and XTB below.

Losses can exceed deposits

How Exness Trading Options Compare Against Other Brokers

Broker Exness eToro XTB IC Markets
Instruments Available 100 2000 4000 232
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 110 50 57 65
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 Yes Yes
Commodity CFDs        
Commodities Offered 0 31 21 19
Metals No Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 0 2042 1696 110
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 eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit IC Markets
Losses can exceed deposits

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 making it easier to keep an eye on and execute your trades while you’re on the move.

See Exness's platforms

Is the Exness Trading Platform Secure?

Exness safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Exness also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Exness.

Exness Trading Platform Options

Once you have logged into your Exness account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

Exness does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Exness gives you.

Exness review
Exness MetaTrader 4 (MT4)

Exness MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Exness. You can learn more about the MT4 Platform 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 PC's and Apple Macintosh computers. Exness MetaTrader 4 is compatible with the latest macOS Mojave. Exness allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Exness

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Exness MetaTrader 4 on IOS Devices

You can download the Exness app or also trade with Exness through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. Exness customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Exness MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Exness provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Exness MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Exness MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Exness MetaTrader 4 Advanced Trading Tools

The Exness advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Exness offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Exness MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Exness MetaTrader 4 & MetaTrader 5 AutoChartist

Exness Autochartist provides the world's first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Exness review
Exness MetaTrader 5 (MT5)

Exness MetaTrader 5

MetaTrader 5 also known as MT5 is a multi asset trading platform that provides a wide range of trading features and financial research tools, MT5 also allows the use of automated trading systems (trading robots) and copy trading. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets.

MetaTrader 5 was released in 2010 and is the updated version of MetaTrader 4.

MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices.

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. It features a huge 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 analyse the financial markets.

Exness review
Exness MT5 Buying and Selling

IC Markets MetaTrader 5 Buying and Selling

Exness MetaTrader 5 on IOS Devices

Exness MetaTrader 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. It's suggested that you 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

MetaTrader 5 for Android may be used on a Android smartphone or a tablet powered by the Android 5.0 or higher operating system. Additionally, to connect to Exness trading server. Take the time to understand all of the Android MetaTrader 5 features. With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place.

Exness Metatrader Mobile Application Features

MetaQuotes the developers of Metatrader have listened to the feedback of their millions of users and have built the most popular mobile trading platform in the world. MetaTrader features include :

  • Financial instrument quotes
  • View in depth price charts of financial instruments
  • Manage trades and open positions
  • View your trading history
  • View market news
  • MetaTrader internal messaging
  • View and research market statics of Exness financial instruments
  • Position opening and closing
  • Lookup symbols in the quotes section
  • Display of deals on graphs
  • Timeframe selection for graphs and charts
  • Additional vertical scaling of graphs
  • Capability to transfer 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

Exness MetaTrader 5 Advanced Trading Tools

Exness MetaTrader 5 has many advanced trading tools for the more advanced users. Understanding these tools can give you a competitive edge.

  • Depth of market bids and asks
  • Price Data
  • Margin Calculation, Futures, Forex
  • Advanced Techincal Analysis
  • One click trading
  • Spreads
  • Futures
  • Trading Reports

Exness Trading benefits

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Exness Trading Accounts Offered

Below we give an overview on 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.

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try Exness before I buy?

Exness offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

Exness withdrawal and funding methods

Please note that the list of Exness payment methods below depend on the Exness Entity and the Clients Country of Residence.

All available Exness payment methods available to you can be found in your Exness members area checked on the Exness website.

Exness offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Exness

Exness Payment Methods

  • Exness accepts Credit cards
  • Exness accepts Bank Transfer
  • Exness accepts Neteller
  • Exness accepts PerfectMoney
  • Exness accepts WebMoney
  • Exness accepts CashU
  • Exness accepts Payoneer
Broker Exness eToro XTB IC Markets
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes 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?

When opening a trading account with Exness, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Exness trading platforms here. You will need to provide some basic documentation to prove your identity as part of Exness onboarding and normal KYC identity checks. These checks are standard practice and help Exness provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

Performing trades with Exness

Exness allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. Exness allow you to execute a maxium trade of 200 Lot. As Exness offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Exness

To trade effectively with Exness, it's important to get a have a good understanding of the Exness trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Exness and externally.

Exness offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Exness.

Take time to look around the Exness platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Exness

As part of our Exness review we review customer service options, response times and Exness trading platform problem resolution effectiveness.Exness support a wide range of languages including English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish.

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

We sent several emails to Exness and answer times overall were excellent. The fastest response from Exness was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Exness, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Exness.

Phone Support at Exness

We called Exness and the call was answered very quickly. The call was answered in less than 5 minutes.

The Exness phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Exness team by calling in varying languages. Exness made an effort to make sure our queries were answered.

Overall great phone support from Exness.

See how Exness Support Compares Against Other Brokers

Broker Exness eToro XTB IC Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish English, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Exness Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

What you will need to open an account with Exness

As Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Exness Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Exness's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Exness you can visit the Exness trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.exness.com/ on July 25, 2021.

Is Exness A Good Broker?

We spent over 3 months examining Exness in depth. Although we found some very useful aspects of the Exness platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Exness broker.

  • Exness have a good track record of offering Forex.
  • Exness has a history of over 13 years.
  • Exness has a reasonable sized customer support of at least 10.
  • Exness are regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF). This means Exness fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Exness have regulation from a Tier 1 reputable country.
  • Exness has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Exness have an international presence in multiple countries. This includes local Exness seminars and training.
  • Exness are able to 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 including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

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.

If you feel some of the above Exness are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Exness alternatives below.

Related Exness Vs Comparisons

We have covered allot in this Exness review, If you want to see how Exness compares side by side with other brokers check out our Exness Vs pages.

If you would like to see how Exness stands up against other brokers you can read some of our Exness comparisons below. We compare side by side some of our top rated Exness versus comparisons. Read our indepth Exness VS pages below.

Exness review
EXNESS Frequently Asked Questions

Read our detailed Exness FAQ Section updated for 2021.

Can I try Exness before I buy?

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 depend on the Exness Entity and the Clients Country of Residence.

Exness offer the following funding payment methods Credit cards, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Exness safe?

Exness are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF). 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 banks financial health and strength.

Losses can exceed deposits

Is Exness trading good?

Exness is considered good and reputable to trade with Exness. Exness is used by over 10,000 active traders and Exness users. Exness offers Forex trading. Minimum deposit with Exness is 1.

Is Exness trading Legit?

Exness was founded in Cyprus in 2008. Exness has been facilitating trade on the financial markets for over 13 years. Exness offers clients Forex trading. All funds deposited to Exness are held in segregated tier 1 bank accounts for security. Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) so can be considered legit.

Is Exness a good broker?

Exness is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) so can be considered a good broker. Exness allows Forex trading.

Is Exness trustworthy broker?

Exness can be considered trustworthy. All money funded to Exness is placed into a segregated tier 1 bank account. this means your money in not held by Exness directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF).

What is the minimum deposit for Exness?

The minimum deposit to trade with Exness is 1.

How long do Exness withdrawals take?

Withdrawing money from Exness processing time varies but averages 2-5 days.

Is Exness regulated?

Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF). 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 purchased by Exness even if no buyer is lined up.

How can I start trading with Exness?

When opening a trading account with Exness, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Exness trading platforms here.

Is my money safe with Exness?

Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF). One of the most important criteria for traders when choosing a broker like Exness is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Exness, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Exness a con?

Exness is regulated and well established having been in business for over 13 years. Exness is definitely 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 withdrawal fees varies on payment method.Exness doesn't charge inactivity fees. Exness does charge deposit fees.

When was Exness founded?

Exness was founded in 2008.

How many people use Exness?

Exness is used by over 10,000 registered Exness users.

What is Exness Headquarters country?

Exness has its head quarters office in Cyprus.

Does Exness offer negative balance protection?

Exness does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 10000 Exness users and traders.

Is Exness an ECN broker?

Exness offers ECN trading.

Does Exness offer a demo account?

Exness offers a demo account.

Does Exness offer an Islamic account?

Exness offers a Islamic accounts.

What are the funding methods for Exness?

Please note that funding methods and funding 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, Bank Transfer, Neteller, PerfectMoney, WebMoney, CashU, Payoneer.

Exness review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Exness brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Exness review written by Mark Hansen of Comparebrokers.co