As of September 2023, Exness had hundreds of thousands of active clients and .5 trillion in monthly trading volumes. The broker provides its clients with access for number of selection of assets, such as Forex, Crypto, Metals, Energies, and more. Additionally, the multiple-award winning broker offers a range of account kinds to meet the unique requirements of each trader.
Pros and Cons
- Pros
- Five Categories of Accounts
- $10 Minimum Deposite
- Minimal and Consistent Spreads
- Demo Trading
- Over 70 MetaTrader Servers Globally Adjustable Leverage
- Most Assets Don’t Charge Overnight
- Cons
- Not available in Europe and the UK for retail clients
- Few Beginner-Friendly Educational Resources
- Don’t Provide A Welcome Bonus
Overall Summary
Overall Rating
Trust Score
99 out of 100
Commissions & Fees
Platform & Tools
Mobile Trading
Research
Education
Is Exness Legal Or Safe?
Being a regulated broker, Exness provides a secure trading environment. The broker’s attention to fund security and fraud prevention highlights its commitment to trader protection.
Fraud Prevention: To confirm the legitimacy of its clients and stop illegal activity, Exness implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. The broker ensures the integrity of its trading environment by using state-of-the-art technology to monitor and identify suspicious actions. Exness protects customer accounts from unwanted access by utilizing multi-factor authentication procedures.
customer Fund Security: Exness keeps customer funds apart from the broker’s operating funds by maintaining segregated accounts. This guarantees that money from clients won’t be utilized for company expenses.
Regulatory Compliance: Exness must abide by stringent financial criteria in order to be regulated by reputable authorities. This includes keeping sufficient capital reserves to safeguard clients’ money. Exness complies with regulations from a number of reputable authorities.
Forex Trading (Spot or CFDs)
Yes
Forex Pairs
96
U.S. Stock Trading
Yes
Social Trading / Copy Trading
Yes
Cryptocurrency
No
Commisions and Fees
Exness strives to offer its traders competitive and transparent pricing, making sure that trading expenses are understandable and reasonable. The commission and other costs related to trading on the Exness platform are summarized as follows:
Account Minimum Because Exness does not have a minimum deposit restriction, traders are free to begin with any amount that works best for their budget. Traders must to be mindful of any minimum transaction quantities that their payment providers may impose.
Trading Fees: Exness uses a variable spread model for its trading instruments; the spread values are subject to vary depending on the kind of account and the state of the market. Traders have flexibility in controlling their trading expenses with this dynamic strategy.
CFD Fees: CFD ChargesThe costs vary according on the type of account you select; some accounts include commissions, whereas Exness offers accounts with no spreads.
Deposit Fee: Exness offers a number of deposit options at no cost to the user. Traders should be aware of the fees that their payment providers impose, though.
Withdrawal Charge: Exness offers a range of fee-free withdrawal alternatives. Traders should be aware of the fees that their payment providers impose, though.
Fee for Overnight Funding: The information supplied makes no mention of the specifics of overnight finance fees.
Currency Conversion Charge: When exchanging, Exness makes use of the current market exchange rate. You may get information on the current rates on the Exness website.
Is there a minimum deposit required on Exness?
To start trading on Exness, a minimum investment of 0 is required. Even if a lot of brokers don’t have minimum requirements, this sum is nonetheless regarded as appropriate.
Minimum Deposit
0
Average Spread EUR/USD – Standard
from 0.2 pips
Trading apps for mobile devices
Many Tools for Various Needs of Traders
Exness offers a selection of trading platforms designed to satisfy the various needs of traders. These platforms ensure a smooth trading experience by providing a plethora of features, intuitive interfaces, and cross-device compatibility. An outline of Exness’s trading platforms is shown below:
Trading Apps for Mobile
Exness provides MT4 and MT5 mobile trading apps for iOS and Android smartphones. With the help of these applications, traders may trade, access their accounts, and keep track of market movements while they’re on the go.
Android App
Yes
Apple iOS App
Yes
Mobile Alerts
Yes
Watchlists
5+
Watchlist Syncing
Yes
Charting – Indicators / Studies
100+
Charting – Drawing Tools
50+
Mobile Charting – Draw Trend lines
Yes
Mobile Charting – Multiple Time Frames
Yes
Trading Platforms
Applications for Online Trading
Through a web browser, one can directly access Exness’s web-based trading platform. This platform offers accessibility and convenience without requiring the download or installation of any software.
Trading Apps for Desktop
Exness supports the well regarded MetaTrader 4 (MT4), MetaTrader 5 (MT5) and Exness web terminal platforms for desktop trading. These platforms are well known for their advanced technical indicators, charting tools, and algorithm based trading capabilities.
Charting, Usability, and Extra Features
The MT4 and MT5 systems have a user-friendly interface, customisable technical indicators, and sophisticated charting capabilities. With the help of different plugins and functionalities, traders can use these platforms for algorithmic trading, manual trading, and even copy trading.
Virtual Trading (Demo)
Yes
Proprietary Platform
Yes
Desktop Platform (Windows)
Yes
Web Platform
Yes
Social Trading / Copy Trading
No
MetaTrader 4 (MT4)
Yes
MetaTrader 5 (MT5)
Yes
Charting – Trade From Chart
No
Watchlists
5+
Market Research
Improving Education for Traders
To assist traders in improving their abilities and expertise, Exness offers a learning center. Although the instructional material is useful, it might yet be improved to better align with industry experts. The following factors should be taken into account:
Overview of the Learning Center: Exness provides a learning center covering a range of trading subjects, including as trading methods, technical analysis, and beginner guidance.
Comparing Educational Content: Although the content is valuable, it might be made even more comprehensive and varied to rival those of leading industry players who provide additional resources.
Education Advancement: Exness has demonstrated advancement by providing instructional materials appropriate for traders with varying degrees of expertise, supporting both new and seasoned traders.
Content Sources: The learning center uses a variety of resources, such as tutorials and articles.
Concluding remarks
Exness is a best choice for traders whos finds a modern, trustworthy broker due to its commitment to transparency, security, and easy-to-use features. It is considered a crucial trading partner due to its strict regulations, extensive range of trading instruments, and customer-focused philosophy.
Is the Exness broker reputable?
Exness is, in fact, governed by reliable authorities, offering a safe and secure trading environment.
Is Exness a good broker for beginners?
Exness offers a multiple features that are usefull for both beginners and Pro traders. Among the crucial components are: Broad Range of Trading Instruments: Exness offers a wide range of trading instruments, including FX pairings, indices, cryptocurrencies, and commodities.
What Trading Platforms does Exness provides?
Popular trading platforms including MT4, MT5 and Exness web platform, renowned for their advanced features and intuitive user interfaces, are offered by Exness.
Disclaimer of Forex Risk
Trading securities carries a significant amount of risk. Leverage, creditworthiness, limited regulatory protection, and market volatility are just a few of the risks associated with margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies. These risks have the potential to significantly impact the price or liquidity of a currency or related instrument. It should not be expected that the strategies, tactics, or indications that are described in these goods will be lucrative or loss-free. Study up on the dangers of FX trading.