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Exness Review & Rating [yyyy]

Exness Review & Rating 2022

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Read this Exness review before you open an account. Is Exness a scam or reputable forex broker? Learn more about AtoZ Markets' Exness review.

We have done thorough research and prepared this review. Exness broker is well-known for offering traders a wide range of trading accounts that allow them to trade in many markets and products.

AtoZ Markets research team thoroughly researches the background and reputation of any broker before writing a review.

Exness is an online broker that provides access to the foreign exchange (FX) market and other financial markets. The company was founded in 2008 and is headquartered in Cyprus. Exness offers a variety of account types and trading platforms, making it a good choice for both beginner and experienced traders

Overview

Company
8/10
Trust
8/10
Trading Platform
8/10
Account Types
8/10
Costs
8/10
Customer Support
8/10
Regulation
9/10
Cryptocurrency
8/10

Company

8 /10

Exness, a multi-asset broker who has been awarded, is recognized as a leader in the industry. Ideal for both beginner and professional traders, Exness is the broker of choice for every trader who demands high-quality services. 

Exness Group, an international retail FX broker, offers financial instruments such as currency pairs, metals and energies. It is located in Limassol (Cyprus). Exness Group has different entities and physical offices in different cities including Cyprus and London. 

⚫ Exness (Cy) Ltd is registered in Cyprus and provides brokerage services in Europe. 

⚫ Exness (UK) Ltd is registered as investment firm in the UK and provide services in the UK and Europe.

⚫ Exness ZA (PTY) Ltd is registered as financial service provider in South Africa and provide services in the Africa region.

⚫ Exness (MU) Ltd is registered as investment dealer in Mauritius and provide services outside European Economic Area (EEA).

⚫ Exness (VG) Ltd has investment business license in British Virgin Islands and provides brokerage services in selected jurisdictions outside European Economic Area (EEA).

⚫ Exness B.V. is a Securities Intermediary registered in Curaçao and Sint Maarten and provides services in selected jurisdictions outside European Economic Area (EEA).

⚫ Exness (SC) Ltd is a Securities Dealer registered in Seychelles and provides services in selected countries outside the European Economic Area (EEA).

The advantages of trading with Exness are guided primarily by the systematic improvement of our trading conditions. With Exness, you can enjoy:

⚫ Trading Instruments: Forex currency pairs, gold, silver, platinum, palladium, cryptocurrencies, energies, stocks and indices.

⚫ Fast Order Execution: Reliable execution with 27 servers strategically placed worldwide.

⚫ Stable Spreads: Due to our massive internal liquidity and proprietary forecasting models, we offer some of the most stable spreads in the market.

⚫ Custom Leverage: Manage risk and match your leverage to your preferred instrument with customizable leverage.

⚫ Inside the Gap: Avoid the negative impacts of slippage as we execute orders inside the gap, even on large orders.

⚫ Swap-Free Accounts: Clients residing in non-Islamic countries can opt for swap-free status on Pro, Raw Spread, Zero, Standard Cent, and Standard accounts.

How to open an account with Exness?

To open an account with Exness, you will need to provide some personal information and go through a verification process. Once your account is verified, you can start trading forex, CFDs, and other instruments on the Exness platform.

Exness offers a few different account types to choose from, so be sure to select the one that best suits your trading needs. You will also need to choose a leverage ratio and deposit some funds into your account before you can start trading.

Exness Products and Services 

Exness offers access to the foreign exchange (FX) market and other financial markets. The company also provides a variety of account types and trading platforms, making it a good choice for both beginner and experienced traders. In addition, Exness offers negative balance protection and a segregated account structure, which further protects clients' funds.

Exness offers Forex, metals, Cryptocurrencies, stocks, energies and Indices  with very good conditions. You will find more than 120+ instruments to trade with Exness.

Forex: Exness offers 100+ Forex pairs that include major, minor and exotic currency pairs. 

Metals: Exness offers metals for metal lovers. They offer gold, silver, palladium and Platinum.

Cryptocurrencies: Exness offers access to a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Ripple. The company does not charge any deposit or withdrawal fees for cryptocurrencies. In addition, Exness offers negative balance protection and a segregated account structure, which further protects clients' funds. They offer 34+ crypto CFDs. They allow you to trade Crypto 24/7. They offer floating spreads for Crypto and no swap is charged for overnight holding.

Energies: If you want to trade energy along with forex, Exness has convered you. Exness offers you US and UK Crude Oil and Natural Gas.

Stocks: Exness offers 100+ stocks to trade including Apple, Facebook, Amazon, Tesla, Intel, Alibaba and more. Spreads on stocks start from 0.3 pip and vary stock to stock. For stocks trading, Exness offers 1:20 leverage and don't charge swap. 

Indices: Exness offers world's popular indices that include FTSE 100, S&P 500, Dow Jones Industrial Average and more. They offer 8+ most popular indices. Leverage for indices is fixed at 1:400.  

Exness Education

Exness offers a variety of educational resources to help traders improve their trading skills. The company's education center offers articles, videos, webinars, and other materials on a range of topics, including technical analysis, risk management, and market news. Exness also offers a demo account that allows traders to practice their trading strategies in a risk-free environment.

Exness Pros and Cons 

Pros of Exness 

There are several Pros of using Exness, including:

√ A wide variety of account types and trading platforms to choose from

√ Competitive spreads and leverage options

√ Regulated by CySEC and FCA

√ Numerous awards and recognition from industry experts

Cons of Exness

There are a few disadvantages of using Exness, including:

- No US-based clients accepted

- Limited research and educational resources available

Overall, Exness is a reliable and trusted broker that offers a variety of account types and trading platforms. The company is regulated by CySEC and the FCA, and has received numerous awards from industry experts. While there are a few disadvantages, such as no US-based clients accepted and limited research options, these are outweighed by the many advantages offered by Exness.

Related: OctaFx Review

Trust

8 /10

Is Exness a Trusted Broker? 

Yes, Exness is a trusted broker. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC), as well as the Financial Conduct Authority (FCA) in the United Kingdom. In addition, Exness has received numerous awards and recognition from industry experts. These awards are further proof of the company's commitment to providing a high-quality and trustworthy trading experience.

Exness Fund Security 

Exness takes measures to ensure the safety of client funds. Client funds are kept in segregated accounts at tier-1 banks. In addition, Exness is a member of the Investor Compensation Fund (ICF), which provides protection for clients  up to €20,000 in the event that the broker is unable to meet its financial obligations.

Trading Platform

8 /10

Exness also offers a variety of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, Exness Trader App, Exness Terminal as well as the WebTrader platform. Each platform has its own advantages and features, so it is important to choose the platform that best suits your trading needs.

MetaTrader 4 (MT4)

MetaTrader 4 is one of the most popular trading platforms in the world. The platform is user-friendly and offers a wide range of features, making it a good choice for both beginner and experienced traders. Some of the key features of MT4 include:

- Advanced charting tools

- A large selection of technical indicators and graphical objects

- Expert Advisors (EAs) for automated trading

- MQL4 programming language for custom indicator development.

MetaTrader 5 (MT5)

MetaTrader 5 is the latest version of the MetaTrader platform. The platform offers a number of new features and enhancements, making it a good choice for more experienced traders. Some of the key features of MT5 include:

- Advanced charting tools

- A large selection of technical indicators and graphical objects

- Expert Advisors (EAs) for automated trading

- MQL4 and MQL5 programming languages for custom indicator development.

Exness Terminal

Exness terminal

Exness Terminal combines a simple, intuitive interface with advanced charting technology to provide a comprehensive trading experience. The terminal is designed for active traders and includes more than 50 drawing tools as well as 100 indicators. TradingView provides charting.

Exness Trader App

Exness Trader App

The Exness Trader App is a mobile trading platform that allows you to trade on the go. The app is available for both Android and iOS devices.

WebTrader

WebTrader is Exness' proprietary web-based platform that offers all the features and functionality of the MetaTrader platforms. The platform is easy to use and does not require installation on your computer.

Account Types

8 /10

Exness offers several account types, each with its own advantages and features. The Standard accounts are best suited for novice traders, while the Professional accounts are better suited for experienced traders who are looking for low spreads and fast execution. Exness also offers a Swap-Free account for traders who wish to trade without incurring swap charges.

The key features of each account type  summarise in the following:

Standard Account

They have two types of standard accounts: Standard and Standard Cent.

Minimum Deposit: $1 (Vary depending on deposit methods)

Leverage: up to 1: Unlimited 

Spreads: from 0.3 pips

Execution: STP/ECN

Commission: NIL

Platforms: MetaTrader 4, MetaTrader 5, Exness Trader App, WebTrader. 

Professional Account

They have three types of Professional accounts: Raw Spreads, Zero and Pro 

- Raw Spread 

Minimum Deposit: $200

Leverage: up to 1:Unlimited , up to 1:30 (for EU clients)

Spreads: from 0.1 pips (for EU clients), from 0.0 pips (for non-EU clients), commission is $3.50 per lot per side.

Execution: Market execution with no requotes.

Platforms: MetaTrader 4, MetaTrader 5, Exness Trader App, WebTrader.

Swap-Free Account is available 

- Zero Account 

Minimum Deposit: $200

Leverage: up to 1: Unlimited, 1:30 for EU clients.

Spreads: from 0.0 pips   

Commission: $0.2 Per side per lot

Execution: STP/ECN

Platforms: MetaTrader 4, MetaTrader 5, Exness Trader App, WebTrader and Exness Terminal.

- Pro Account 

Minimum Deposit: $200

Leverage: up to 1: Unlimited, 1:30 for EU clients.

Spreads: from 0.1 pips   

Commission: NIL

Execution: STP/ECN

Platforms: MetaTrader 4, MetaTrader 5, Exness Trader App, WebTrader and Exness Terminal.

Cryptocurrency

8 /10

Exness offers access to a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Ripple. The company does not charge any deposit or withdrawal fees for cryptocurrencies. In addition, Exness offers negative balance protection and a segregated account structure, which further protects clients' funds. They offer 34+ crypto CFDs. They allow you to trade Crypto 24/7. They offer floating spreads for Crypto and no swap is charged for overnight holding.

Costs

8 /10

Exness Trading Conditions

Exness offers competitive trading conditions, including low spreads and fast execution speeds. The company also provides a variety of account types and trading platforms, making it a good choice for both beginner and experienced traders. In addition, Exness offers negative balance protection and a segregated account structure, which further protects clients' funds.

Exness Fees and Commissions

Exness charges a commission on certain account types. For example, the raw spread account type has a commission of $3.5 per lot traded and Zero account has a commission of $0.2 per lot. The company also charges a small overnight fee for positions that are held open overnight. Overall, Exness' fees and commissions are very competitive when compared to other online brokers.

Exness deposit and withdrawal fees

Instant deposits and auto withdrawals are available 24/7, depending on the region and payment type, to all Exness clients for a seamless trading experience. You can also take advantage of:

⚫ Low Initial Deposits: Exness makes trading affordable for everyone - you can start trading with a deposit from just USD10.

⚫ Multitude of Choices: You can choose from a variety of safe deposit and withdrawal methods with 0% commission, inclusive of electronic payment systems.

⚫ More than 80 Account Currencies: Enhance risk diversification opportunities for your trading account with our array of account currencies.

Customer Support

8 /10

Exness offers customer support 24/7 through live chat, email, and telephone. They offer support in 14 different languages. The company's customer service representatives are knowledgeable and helpful, and they are available to answer your questions and resolve your issues in a timely manner.

Regulation

9 /10

Exness is a trusted broker that offers competitive trading conditions, including low spreads and fast execution speeds. The company is regulated by reputable regulatory authorities around the world. They are licensed and regulated by the following regulatory authorities: 

United Kingdom: Exness (UK) Ltd is licensed and regulated by the Financial Conduct Authority (FCA). Exness UK Ltd website is www.exness.uk

Cyprus: Exness (Cy) Ltd is a Cyprus Investment Firm which is regulated by the Cyprus Securities and Exchange Commission (CySEC). The website for Exness (Cy) is https://exness.eu

South Africa: Exness ZA (PTY) Ltd is authorized by the Financial Sector Conduct Authority (FSCA).

Mauritius: Exness (MU) Ltd is regulated by the Financial Services Commission (FSC). 

British Virgin Islands: Exness (VG) Ltd is authorised by the Financial Services Commission (FSC).

Curaçao and Sint Maarten: Exness B.V. is a Securities Intermediary authorised and regulated by the Central Bank of Curaçao and Sint Maarten (CBCS).

Seychelles: Exness (SC) Ltd is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA).

In addition, Exness provides negative balance protection and a segregated account structure, which further protects clients' funds. Overall, we believe that Exness is a safe and reliable broker.

Conclusion

Exness is a reliable and reputable broker that offers a wide range of features and services to its clients. The broker provides a variety of account types, including Standard, Professional, and Swap-Free accounts. Exness also offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Terminal, and WebTrader. In addition, the broker provides a number of educational resources to help traders improve their trading skills. Exness' customer support team is available 24/5 to answer your questions and resolve your issue.

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