Exness is a global, award-winning forex & CFD provider established in 2008, by Nymstar Limited; a global brand best known for its partnership with Real Madrid. It serves over 150,000+ customers across 100+ countries, providing clients with a wide variety of asset classes including currency pairs, stocks, indices, cryptocurrency, metals, and energies, with over 200+ instruments to trade.
Exness stands out for offering tailored trading services along with great trading conditions making it a suitable broker for different trading styles and levels of traders (beginners and professionals).
Table of Contents
At A Glance
| SkrilBroker | Exness |
|---|---|
| Established | 2008 |
| Head Office | F20, 1st floor, Eden Plaza, Eden Island, Seychelles. |
| Regulations | FCA (United Kingdom), CySEC (Cyprus), FSA (Seychelles), CBCS, FSC(BVI), FSCA (South Africa) |
| Publicly Listed | No |
| Broker Type | STP, ECN |
| Product Offering | CFDs |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Asset Classes | Currency Pairs, Stocks, Indices, Cryptocurrency, Metal, and Energies. |
| Minimum Deposit | $1 |
| Account Currencies | AUD, USD, GBP, EUR, SGD, CAD |
| Maximum Leverage | 1:Unlimited 1:30 (EU Retail) |
| Pricing Model | Spreads and Commissions |
| Lot Sizes | Micro, Mini, Standard |
| Payment Methods | Wire transfer, Bank Cards, Skrill, and Neteller. |
| Demo Account | Available |
| Scalping | Yes |
| Hedging | Yes |
Pros and Cons
Pros
- Strong regulatory framework with regulations from top-tier regulatory bodies including FCA (United Kingdom), CySEC (Cyprus), FSA (Seychelles), CBSS, FSC (British Virgin Islands), and FSCA (South Africa).
- Hassle-free account opening process.
- Friendly and multi-lingual customer support service, available 24/7.
- Access to industry-leading trading platforms including MetaTrader 4, MetaTrader 5, and cTrader platforms.
- Instant deposit and fast withdrawals.
- Tailored account types suitable for all levels of traders along with tailored trading conditions suitable for different trading styles.
- Low FX trading cost (spreads and commissions).
- Ultra-low spreads from 0.0 pips on ECN accounts.
- A wide selection of fast and reliable payment options including Wire Transfer, Bank Card, Skrill, and Neteller.
- Transparent fee structure with no hidden charges.
- No deposit or withdrawal fee.
Cons
- Does not accept US-based traders.
- Leverage for European clients is capped at 1:30.
License and Regulations.
Exness is authorized and regulated across multiple jurisdictions by top-tier financial regulatory bodies around the world, making it a safe broker to trade with. The regulatory bodies under which Exness is regulated include;
- The Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729.
- The Cyprus Securities and Exchange Commission (CySEC) with license number 178/12.
- The Financial Services Authority (FSA) with license number SD025.
- The Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI.
- The Financial Services Commission (FSC) in the British Virgin Islands with registration number 2032226 and investment business license number SIBA/L/20/1133.
- The Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with registration number 2020/234138/07 and FSP number 51024.
Asset Classes
Exness provides clients with a wide variety of asset classes, which is great for traders who want to diversify into other markets from the comfort of a single brokerage account. Asset classes offered by Exness include Forex currency pairs, stocks, indices, cryptocurrencies, metals, and energies.
| Asset Classes | Assets |
|---|---|
| Currency Pairs | 107 |
| Stocks | 71 |
| Indices | 10 |
| Cryptocurrencies | 13 |
| Metals | 10 |
| Energies | 2 |
Account Types
Exness provides clients with different account types, tailored to meet different trading requirements. This makes it easy for traders to choose an account type that best suits their trading style or level. The account types offered by Exness include;
- Standard Cent Account
- Standard Account
- Raw Spread Account
- Zero Account
- Pro Account
Standard Cent Account
The Standard Cent Account is a perfect account type for newbie traders as well as traders who want to test their trading strategies with real funds but with minimal risk.
| Account Type | Standard Cent Account |
|---|---|
| Minimum Deposit | Depends on the payment method. |
| Maximum Leverage | 1: Unlimited |
| Trading Platforms | Metatrader 4 |
| Trading Instruments | Forex Currency Pairs and Metals. |
| Commission (Per Lot/ Size) | No Commissions |
| Spreads From | 0.3 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | 200 |
| Maximum Number Of Positions | 1000 |
| Hedged Margin | 0% |
| Margin Call | 60% |
| Stop Out | 0% |
| Order Execution | Market |
| Swap-Free | Available |
Standard Account
The Standard Account is a great account for all types of traders as it offers the traditional FX trading experience with great trading conditions such as low spreads with no commissions, transparent pricing, superior trade executions, and more.
| Account Type | Standard Account |
|---|---|
| Minimum Deposit | Depends on the payment system. |
| Maximum Leverage | MetaTrader 4 – 1:Unlimited MetaTrader 5 – 1:2000 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Trading Instruments | Forex currency pairs, metals, cryptoсurrencies, energies, indices |
| Commission (Per Lot/ Size) | No Commissions |
| Spreads From | 0.3 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | 7:00 – 20:59 GMT+0: 200 lots 21:00 – 6:59 GMT+0: 20 lots |
| Maximum Number Of Positions | Unlimited |
| Hedged Margin | 0% |
| Margin Call | 60% |
| Stop Out | 0% |
| Order Execution | Market |
| Swap-Free | Available |
Raw Spread Account
The Raw Spread Account is an account suitable for active traders looking for the opportunity to trade a significant reduction on spreads with low commissions, as it offers the lowest raw spreads (from 0.0 pips) and a low fixed commission of $3.5 per lot/size.
| Account Type | Raw Spread Account |
|---|---|
| Minimum Deposit | $500 USD |
| Maximum Leverage | MetaTrader 4 – 1:Unlimited MetaTrader 5 – 1:2000 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Trading Instruments | Forex Currency Pairs, Metals, Cryptocurrencies, Energies, Indices |
| Commission (Per Lot/ Size) | Up to 3.5 USD |
| Spreads From | 0.0 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | 7:00 – 20:59 GMT+0: 200 lots 21:00 – 6:59 GMT+0: 20 lots |
| Maximum Number Of Positions | Unlimited |
| Hedged Margin | 0% |
| Margin Call | 30% |
| Stop Out | 0% |
| Order Execution | Market |
| Swap-Free | Available |
Zero Spread Account
The Zero Spread Account is suitable for active traders looking for consistent Zero (0.0) spreads along with a low fixed commission of $3.5 per lot/size. On this account type, traders can enjoy Zero (0.0) spreads for 95% of the trading day on over 30 currency pairs.
| Account Type | Zero Spread Account |
|---|---|
| Minimum Deposit | $500 USD |
| Maximum Leverage | MetaTrader 4 – 1:Unlimited MetaTrader 5 – 1:2000 |
| Trading Instruments | Forex Currency Pairs, Metals, Cryptocurrencies, Energies, Indices |
| Commission (Per Lot/ Size) | Up to 3.5 USD |
| Spreads From | 0.0 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | 7:00 – 20:59 GMT+0: 200 lots 21:00 – 6:59 GMT+0: 20 lots |
| Maximum Number Of Positions | Unlimited |
| Hedged Margin | 0% |
| Margin Call | 30% |
| Stop Out | 0% |
| Order Execution | Market |
| Swap-Free | Available |
Pro Account
The Pro Account is a suitable account type for professional traders who want the traditional FX trading experience, along with the best trading conditions such as ultra-low spreads with no commissions, transparent pricing, instant trade execution, excellent fill, and much more.
| Account Type | Pro Account |
|---|---|
| Minimum Deposit | $500 USD |
| Maximum Leverage | MetaTrader 4 – 1:Unlimited MetaTrader 5 – 1:2000 |
| Trading Instruments | Forex Currency Pairs, Metals, Cryptocurrencies, Energies, Indices |
| Commission (Per Lot/ Size) | No Commissions |
| Spreads From | 0.1 |
| Minimum Lot Size | 0.01 |
| Maximum Lot Size | 7:00 – 20:59 GMT+0: 200 lots 21:00 – 6:59 GMT+0: 20 lots |
| Maximum Number Of Positions | Unlimited |
| Hedged Margin | 0% |
| Margin Call | 30% |
| Stop Out | 0% |
| Order Execution | Instant, Market |
| Swap-Free | Available |
Customer Support
Exness provides customers with a high level of customer support service through its impressive response rate and international approach.
The broker offers a multi-lingual (over 15 languages) support service which can be reached 24/ 7 via live chat, telephone, or email. It also makes WhatsApp and Viber chats available to customers who prefer to communicate through those mediums.
In addition to their impressive customer support service, Exness also offers a very insightful and comprehensive Help Section section that covers topics such as FAQs (Frequently Asked Questions), trading, trading guides, trading tools, account types, accounts verification, deposit and withdrawals and much more. This makes it easy for customers to get help on-demand without having to reach a customer care representative.