Exness review by - TopAsiaFX
Exness, a remarkable forex broker that has been expanding continuously since its establishment in 2008. This broker stands out as one of the most tightly regulated entities, holding the esteemed titles of both FCA (Financial Conduct Authority) and CySEC (Cyprus Securities and Exchange Commission) regulations.
Diving into the realm of Exness, we discover an extensive user base. In 2019 alone, the trading community witnessed a staggering 80,000 active traders flocking to this platform. Moreover, Exness boasts a remarkable monthly trading volume of $325.8, reflecting its immense popularity and market presence.
Explore a world of endless possibilities at Exness, where opportunities abound. This broker welcomes traders with a minimum deposit requirement of just $1, accompanied by an impressive leverage of 1:200. Choose from a vast selection of 107+ currencies, granting you unparalleled flexibility. With direct access to MT4/MT5 and a plethora of additional features, Exness ensures an optimal trading experience like no other.
Exness Pros & Cons
Pros
- Regulated broker, ensuring a safe and secure trading environment.
- Wide range of tradable assets, including forex, stocks, indices, commodities, and cryptocurrencies.
- Multiple account types to suit different trading preferences.
- User-friendly trading platforms (MT4 and MT5) are available for desktop and mobile devices.
- Competitive spreads and low trading fees.
- Exceptional customer support is available 24/7.
Cons
- Limited educational resources compared to some other brokers.
- No dedicated educational platform for beginner traders.
Exness Account Types
| Accounts | Currencies | Min. Deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Commission Per Trade | Max. Lot Size Per Trade | Min. Lot Size Per Trade |
|---|---|---|---|---|---|---|---|---|---|
| Standard Accounts | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $Depends on payment system | 1:Unlimited | From 0.2 pips | Yes | Yes | No commission | 200 | 0.01 |
| Standard Cent Accounts | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $Depends on payment system | 1:Unlimited | From 0.3 pips | Yes | Yes | No commission | 200 | 0.01 |
| Raw Spread Accounts (Professional) | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $$200 | 1:Unlimited | From 0 pips | Yes | Yes | Up to $3.50 each side per lot | 200 | 0.01 |
| Zero Accounts (Professional) | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $$200 | 1:Unlimited | From 0 pips | Yes | Yes | From $0.2 each side per lot | 200 | 0.01 |
| Pro Accounts (Professional) | $$200 | 1:Unlimited | From 0.1 pips | Yes | Yes | No commission | 200 | 0.01 | |
| Social Standard Accounts | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $$500 | 1:200 | From 1 pip | Yes | Yes | No commission | 400 | 0.01 |
| Social Pro Accounts | USD, EUR, GBP, JPY, CHF, AUD, NZD, 150+ Currency Pairs | $$2,000 | 1:200 | From 0.6 pips | Yes | Yes | No commission | 400 | 0.01 |
Account Options
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|---|---|---|---|---|---|---|---|
| ECN, STP | $100 | 1:Unlimited | 0.01 | Yes | No | No |
Exness Trading Platforms & Fees
Regulation
- ( CY & CySEC )
Fees
- No
Platforms
- MT4, MT5
Exness Top Features
Exness believes in empowering indigenous market traders across the trading sphere by offering a diverse range of trading assets. They leave no stone unturned, providing an abundance of opportunities for traders.
Let's explore the complete landscape:
- Forex: With Exness, you can delve into the thrilling world of the foreign exchange market, trading up to 107 currency pairs.
- Stocks and Indices: The brokerage offers an impressive selection of more than 81 stocks and indices, enabling you to seize opportunities across different markets.
- Cryptocurrencies: Embrace the digital revolution with Exness as you gain access to trade cryptocurrencies like BTC, XRP, LTC, and ETH.
- Metals and Energies: Broaden your trading horizons by venturing into metals and energies. Exness grants you the opportunity to trade precious metals such as gold, silver, platinum, and palladium, as well as energies.
At Exness, they believe in providing traders with a comprehensive array of trading instruments, ensuring that you have the necessary tools to explore and capitalize on various market opportunities.
Exness Regulation & Compliance
Exness stands out as an unparalleled foreign exchange brokerage, renowned for its unwavering commitment to safety and security. Regulated by some of the most stringent authorities, Exness ensures your peace of mind. Let's delve into the regulatory landscape:
Firstly, we have the Cyprus Securities and Exchange Commission (CySEC), which closely oversees and regulates Exness operations.
Secondly, the Financial Conduct Authority (FCA) plays a crucial role in regulating Exness, specifically in the United Kingdom.
But wait, there's more!
Exness goes above and beyond by providing segregated reports and annual reports, further strengthening their commitment to transparency and accountability.
It's important to note that Exness adheres to different regulatory frameworks in different continents. In the European region, the broker is regulated by CySEC. In the United Kingdom, it falls under the purview of the FCA.
When you choose Exness as your trading partner, rest assured that the safety of your capital is their top priority. So relax and trade the market with confidence, knowing that your funds are in trusted hands.
Exness Service Details
| Supported Languages | English, Chinese, Thai, Vietnamese, Arabic, Bengali, Hindi and Urdu |
| Customer Service By | Live Chat |
| Service Hours | 24/7 |
| Email Response | support@exness.com |
Exness Trading And Investment Tools
| One Click Trading | No |
| Stop Order | Yes |
| Limit Order | Yes |
| Trade off Charts | Yes |
| Market Order | Yes |
| 24hr Trading | Yes |
| Email Alerts | Yes |
| Trailing Stop Order | Yes |
| Charting Package | Yes |
| Mobile Alerts | Yes |
| OCO Orders | Yes |
| Streaming News Feed | Yes |
Exness Deposit & Withdrawal
Exness offers a range of account types to cater to the diverse needs of traders. Whether you are a beginner or a professional trader, you can find an account type that suits your trading style and preferences. The account types include:
- Micro Account: Ideal for beginners, this account type allows you to trade with smaller lot sizes and offers competitive spreads.
- Standard Account: Designed for more experienced traders, the standard account provides access to a wider range of trading instruments and additional features.
- Raw Spread Account: This account type is suitable for advanced traders who require direct market access and tight spreads.
Deposit Methods
Withdrawl Methods
Exness User Experience
Deposit and Withdrawal Options:
Exness prioritizes seamless transactions for traders, ensuring that depositing and withdrawing funds is hassle-free. They offer a wide range of transaction methods, leaving no room for additional difficulties.
Here are the available options:
-
Web Money
-
All types of cards, including Credit, Debit, MasterCard, and Visa
-
Direct bank transfer
-
Neteller
-
Skrill
-
Perfect Money
Please note: During the withdrawal process, a nominal fee will be deducted based on the net amount. The specific charge is determined by the transaction amount. Additionally, it is important to ensure that the chosen payment method complies with the Anti-Money Laundering (AML) regulations.
With Exness, you can rest assured that your financial transactions are conducted with convenience and in accordance with the necessary regulations.
Customer Support:
Exness sets the bar high as a brokerage by offering an active and effective customer support program. They understand the importance of addressing traders' inquiries promptly and comprehensively.
For any trading-related queries, Exness provides a live chat feature that operates 24/5, ensuring assistance is just a click away.
Furthermore, Exness maintains an official presence across various social media platforms, including Facebook, Instagram, Twitter, LinkedIn, YouTube, and Telegram. Join their official community to stay updated and engage with fellow traders.
Research and Education:
Exness takes pride in its commitment to providing educational support to traders, surpassing expectations in this regard. Their dedicated academy is a treasure trove of essential educational materials. Whether you're seeking trading guides, insightful blogs, informative webinars, or even the fundamentals of trading indicators, Exness has you covered.
In addition, they offer demo trading accounts that prove immensely valuable in experiencing a live trading environment. These accounts are widely used by professional traders for backtesting their trading strategies, allowing you to fine-tune your approach.
With Exness, you not only benefit from robust customer support but also gain access to a wealth of educational resources to enhance your trading journey.
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