Exness Review

Overall Rating


Top 5 Forex Brokers

Exness Review

📅 Year founded


📈 Multiple top-tier regulation


📍 Headquarters

Limassol, Cyprus

🌍 Country of regulation

Seychelles / Curacao and Sint Maarten / British Virgin Islands / Mauritius / South Africa/ Cyprus / United Kingdom / Kenya

✅ Regulators


📈 Execution Type

Market Execution

💰 Minimum Deposit

$10 USD / Professional accounts from $500 USD

🛡️ Negative Balance Protection


📉 Trading Platforms

MetaTrader4 / MetaTrader5 / Exness Trade app / Exness Terminal

 ☪  Islamic account


📉 Trading Instruments

Forex / Metals / Cryptocurrencies / Energies / Stocks / Indices

📱 Mobile trading

iOS, Android

💳 Payment Types Accepted

Credit and Debit Cards / Bank Transfer / Neteller / Skrill / PerfectMoney / SticPay / OZOW

🎮 Demo Account


 ⓒ Copy Trading


🎁 Bonus Offer


💰 Account Currencies


📈 Minimum Trade

0.01 lots

📈 Account Types


📈 Margin Trading


📈 Trading fees


📈 Inactivity fee


💰 Withdrawal fee


☎ Customer Support

Language dependant. English is 24/7

💰 Max. Leverage


✔️ Hedging Allowed


✔️ Scalping Allowed


💰 Commission

Zero / Low on Professional Accounts

💰 Spreads

From 0.0 pips

💰 Leverage


💰 Currency Pairs (Total Forex pairs)

100 +

🔢 Number of clients

650 000 +

🥇 Instruments Offered

200 +

📙 Education


Click here ✅ Open a Trading Account




Found in 2008, Exness is a respectable forex and CFD brokerage firm with its headquarters located in Limassol, Cyprus. This online broker is regulated by the FCA and CySEC amongst others.

At Exness, clients can trade a range of trading instruments, such as currency pairs (forex), energies, indices, CFDs on stocks, metals and several cryptocurrencies.

The broker also offers a variety of trading platforms to its traders, including MetaTrader4, MetaTrader5 and mobile trading platforms.

Exness is an award-winning brokerage firm that has gained popularity over the years in the market due to the tailored investment solutions and financial services it offers. Founded in 2008, the company has a global presence with head offices in multiple countries.

With over 650 000 active client accounts globally, Exness is one of the more reputable brokers in the world, offering flexible types of accounts and various financial instruments to suit different clients’ strategies.

The fact that Exness operations are regulated and overseen by the UK’s Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC) makes it very attractive as a safe and reliable broker.




Exness has been in the market since 2008 and was founded by like-minded professionals; having been successful in their operations and winning multiple awards, it has raised interest among people who want to know how this multi-million Dollar brokerage firm operates on their day-to-day basis, thus the reason for this review.

Currently, the company has expanded its clientele base and operations to various countries around the world. The recent introduction of social trading regulated by their own rules also came as an added score bonus for the broker’s potential clients, keeping their competitors on their toes.

Exness has favourable terms making it accessible to all traders. Their accounts are also suitable for beginners, and with a minimum deposit of only $10 USD, this broker is one of the most accessible around. The broker has shifted a lot of its focus to Asian traders and allows for maximum leverage of unlimited:1 depending on your account size. Pro Accounts give traders the best trading deals with low commissions and spreads from 0.0 pips.

One of the many benefits of trading with Exness are the vast amount of forex pairs available to traders. There are over 100 forex pairs available to be traded, making up a large percentage of their total trading instruments on offer. It can be said that Exness is heavily focused on its forex offerings. With over 16 languages available in customer service, and selected languages being available 24/7, Exness is one of the best customer service brokers that we have reviewed.

Before investing in any brokerage firm, it is your responsibility to weigh the positives against the drawbacks and conclude for yourself if you will invest or not. This article will give you a detailed review on some topics concerning Exness, so if you are searching for some information on the brokerage firm, look no further.





  • Exness is suitable for both professionals and beginners.
  • It is a global broker with its main offices located in Cyprus, Seychelles and the UK.
  • It is based on the MetaTrader platforms.
  • They offer an advanced range of analysis and research tools.
  • They provide a variety of account types which include ECN, Islamic and Professional accounts.
  • They are highly regulated and compliant with their regulators. The regulators are mentioned in the above table.
  • They provide excellent customer services through email, live chat, phone and other platforms.
  • They have a solid array of different financial instruments including more than 100 forex pairs.



  • The leverage for their European clients is restricted at 30:1.
  • They do not provide multi-currency accounts.
  • They have a small number of financial instruments on offer compared to other brokers.




Exness’ forex offerings are among the most comprehensive in the market today. They provide over 100 currency pairs, as well as various energies, indices, CFDs on stocks, metals and several cryptocurrencies.

Their coverage is attractive and any pure forex traders will find them outstanding with the wide range of assets available to trade. Unfortunately, the number of total instruments on offer is comparatively low so it may not be worthwhile for non-forex traders to consider this broker.




Exness trading platform choice provides the selection between the market leaders MetaTrader4 (MT4) and MetaTrader5 (MT5) plus mobile trading platforms. They also offer MT4 WebTerminal which allows clients access from any device.


Here are some of the advantages of these trading platforms provided by Exness:

  • They provide user friendly software.
  • They both support web, desktop and mobile platforms.
  • They provide both MT4 and MT5.
  • They have no limits on strategies and allow for technical analysis.
  • The platforms support various languages.


While looking at their trading platform, let us look further into web trading and desktop platforms when using Exness. That is how the MT4 and MT5 behave while using either:


Web Trading

While both trading platforms are known in the industry, MT4 is said to be a more convenient and functional platform which is recognised by both retail and professional traders. MT5 is a more advanced version of MT4 and has very powerful features providing further possibilities. Both platforms can be accessed via Web Trading, which is free to install and download via their browser.


Desktop Platform

MT5 and MT4 supports all devices including Mac and PC, so Exness has provided variety in choice when selecting what devices clients may prefer.



The accounts provided by Exness features over 100 currency options while also having access to instant payment options. The broker offers Standard Cent Accounts which is great for small size traders, Standard Accounts and Professional Accounts. Let us look at the accounts provided in detail:


Standard Accounts

  • Standard Cent Account – Exness has created favourable accounts for each of their clients at different levels. The Standard Cent account is great for new forex traders who are looking to learn without taking much risk. With just low minimum deposits, micro-lots are unlocked and spreads are as low as 0.3 pips. When using this account type, only metals and forex can be traded while MT5 is not supported.
  • Standard Accounts – This account requires $10 USD as a minimum deposit and has fantastic trading conditions, the only difference between this account and the Cent account is that this can access more assets and MT5.


Professional Accounts

  • Raw Spread Account – This account requires a minimum deposit of $500 USD and $3.50 USD as commission but spread from 0.0 pips. It is available on MT5.
  • Pro Account – This is a single execution account provided by Exness, the minimum deposit required for this account is $500 USD and the spreads begin from 0.6 pips with no slippage. It is also available on MT5.
  • Zero Account – The minimum deposit required for this account is $500 USD and a commission of $3.50 USD. This account also guarantees 0.0 pips spread on 95% of the trading day on 30 pairs. It is also available on MT5.




The first step of opening an account can be completed by traders by submitting their country of residence and an email address that is valid. Then one is required to choose a password for protection and security purposes for their account.

Account verification is a second mandatory procedure as per their regulations which is fulfilled by submitting a trader’s ID copy and a document that gives proof of residency.

  1. First open an account by completing the registration forms on their website.
  2. Verify your details.
  3. Deposit Funds.
  4. Start trading.




To get an Exness Demo Account, first you will need to create an account. The Demo account has $10 000 USD and to kick-off, you should install MT5 for Windows users and other versions are available for those using Mac, Android and Linux.




Initially Exness did not have social trading; it was launched recently and has gotten a lot of attention from traders globally. Social trading is not new in the forex world as other brokers have been using it for a long time. So, let’s understand what these two terms mean in detail.


Exness Social Trading:

Social Trading is where new traders follow and are allowed to copy professional traders on a platform both earning from a profitable trade. So, whenever the professional trader being copied makes a move the novice trader will do the same with their account.

On the Exness website, they have spelt out the rules of social trading as it will take place between two parties, the Strategy Provider and the investor- who is said to be a copy trader who uses social trading services to choose and browse trading strategies which are created by experienced traders who are known on their site as a Strategy Provider.

The Strategy Provider profits from trades if the investor follows their strategies, they earn commission at a rate set prior to providing trades.

Copy Trading is a part of social trading where the trades of a trader are copied to a particular investor account. Investors are allowed by Exness to start copying even when the market is not open, a copying co-efficient is then factored.


Benefits that a client can get from using Exness Social Trading:

  • It provides an opportunity for new traders to use strategies of experienced traders thus making it easier for them.
  • It allows the investor to choose a trader of their choice.
  • The Strategy Provider can gain some commission from this trade as the investor gains profit.
  • Transaction of funds can be done immediately.
  • It allows copying of multiple traders’ strategies on the same account.



Just like many other brokerage firms, Exness draws a fee from spreads. Their fee is normally the difference between the sell and buy prices of an instrument.

Exness charges commission only on two of their professional accounts which are the raw spread accounts and the zero account at an industry comparable rate of $3.50 USD per lot. The spreads offered by Exness are low when compared to their competitors.




Like many brokerage firms, Exness also provides the use of leverage, this may increase a chance for potential gains due to its possibility of multiplying the initial account balance.

The level of leverage that is provided usually depends on the instruments which a client is trading and is also defined by the regulatory restrictions and the trader’s personal level of proficiency.

Exness offers flexible leverage, the settings of which can be altered. Their maximum leverage on smaller accounts is as high as unlimited:1.




Exness allows for instant withdrawals and instant deposits with no commission chargeable on several electronic payment systems. Funds can be deposited using several ways such as bank wire transfers, credit cards, Neteller, Skrill and other online payment systems.

Exness also has a system which allows its clients to automatically withdraw funds using some different electronic payment systems. Traders have 24/7 control of their account; withdrawals are made using the same method that is used when depositing funds. 




Exness has been rated as having efficient customer services on offer to their clients. Phone support is offered in 16 different languages and depending on the language, is offered 24/7.

Other forms that are provided for client contact include live chat, phone, emails and call back services.

Other support provided by Exness is posted in their updated financial news and they have also provided free access to the library on their website.




Exness has ensured that protection of their investors is provided; they run their operations in adherence with rules which are set by strict regulatory bodies like the Financial Conduct Authority (FCA) of the UK and Cyprus Securities and Exchange Commission (CySEC).

Its operations are also regulated by other smaller jurisdictions but those two major stamps, the FCA and CySEC enables it to serve customers throughout the EU.

The regulated companies which operate under the Exness banner are members of various compensation schemes that are responsible for covering traders in the instance where the broker becomes insolvent. Members of Exness in the UK are entitled to up to 85 000 GBP in case the company becomes insolvent.

Exness has ensures though that their client funds are kept safe in various segregated bank accounts using tier 1 banking institutions.




Exness cashback / rebates are where a portion of the transaction cost is usually paid back to the client on every trade that results in a lower spread. Each broker gives different cashback rates for different instruments and account types.

Exness rebates are important for any forex traders as it increases the profitability of the trader while cutting down on costs.

The cashback works when a new or existing account is linked to you and the broker pays part of the spread to the person who referred the customer. This is also known as referral bonuses.




Exness provides their traders with in-house research, which is one of the better assets that they possess. They provide a weekly Forex Data Segment which is in-depth analytical material that has information on trading ideas and upcoming events. Also informative is their bi-weekly technical analysis, where their trades are well described and can be used as a research tool by novice traders.

Each report provided by Exness is made up of charts and written contents. Also, another item that complements the in-house research is their Central WebTV stream offered by TV Central. The live news feed completes the research service given by Exness.




Exness has a long history of operations and has been recognised and awarded several times in different aspects like trading technology, customer satisfaction and its overall rankings recognising its achievements.

Exness won the Best Global Forex Customer Service in 2019, Best Global Forex Trading Experience 2019, the Most Trusted Global Forex Broker 2019 and the Global Forex Awards in the same year. The broker’s most recent awards include:

  • Broker of the Year (2023) – Jordan Financial Expo and Awards.
  • Best and Most Trusted Multi-Asset Broker (2023) – Smart Vision Investment Expo.
  • Global Broker of the Year (2023) – Forex Traders Summit Dubai.
  • Most Innovative Broker of the Year (2023) – Forex Traders Summit Dubai.




To ensure that invested funds are protected and when choosing a company for a long-term partnership, a professional trader should take into consideration the company trading conditions.

The investor should also make sure that the company they are investing in complies with the given country of origin’s legal requirements and the internationally recognised financial standards. Exness is regulated by multiple entities in various jurisdictions, ensuring their compliance with these regulations make them a safe and reliable brokerage.

Exness also has taken steps in covering their clients by being a member of the Investor Compensation Fund, which makes it safe for its clients. In an event of insolvency, the compensation scheme will cover the clients where the broker fails to meet its financial obligation.




Generally, Exness represents a good brokerage firm to trade forex, cryptocurrencies and commodities for UK, EU and international traders.

This review portrays that Exness is highly regulated and does secures business with a streamlined trading environment. This is according to our research and based on the regulatory bodies that oversee their operations. These regulatory bodies which stamp their operation, instill confidence in traders and ensure their peace of mind regarding their funds. Exness’ registration with compensation schemes, which ensures that their clients will get back their money in case of insolvency, is also another additional bonus.

Exness provides a wide variety of forex pairs, comparatively more than their competitors. Unfortunately, their education offering is lacking, and they also offer fewer trading instruments than their competitors.

The customer service offering from Exness is fantastic and as far as a pure forex broker, clients will be more than satisfied by the package that Exness provides. If traders are solely looking to trade forex, then we highly recommend this broker.


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