In this Exness review, we’ll take a closer look at the broker’s offerings and see if it’s a good choice for Forex traders.

Exness is an online forex and CFD broker that has been operating in the market since 2008. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) as well as the Financial Conduct Authority (FCA) in the UK.

Exness claims to offer some of the lowest spreads in the industry, as well as fast execution speeds and a high level of liquidity. The broker also provides a range of educational resources for traders, including webinars, educational videos, and market analysis.

In terms of customer service, Exness offers support in a variety of languages through live chat, email, and phone. The broker also has a strong presence on social media, with active accounts on platforms like Facebook and Twitter.


Exness Review

1. Trading Platforms and Assets

  • Exness offers two of the most popular Forex trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
  • Both platforms are available for desktop, web, and mobile devices, giving traders the flexibility to trade from anywhere.
  • The platforms offer a range of advanced features, including customizable charts, multiple order types, and the ability to use automated trading strategies through the use of expert advisors (EAs).
exness Review - Trading Platforms and Assets

In terms of assets;

  • Exness offers a wide range of currency pairs, as well as other assets such as cryptocurrencies, commodities, and indices (Like; Dow Jones, S&P 500, FTSE 100).
  • The broker also offers leveraged trading, which allows traders to trade with more capital than they have in their account.
  • Leverage can increase potential profits, but it also increases risk.
  • Exness offers leverage up to 1:2000, depending on the account type.

2. Account Types

Exness offers three account types to suit the needs of different types of traders: Standard and Professional

Standard: The Mini account is suitable for beginners or traders who want to test out the platform with a smaller deposit. The minimum deposit for this account is $1, and the maximum leverage is up to 1:2000. In standard also there are two types of accounts – Standard and Standard Cent.

Exness Review - In standard also there are two types of accounts - standard and Standard Cent

Professional: This account is designed for professional traders who want to trade with even higher volumes and access to raw spreads. The minimum deposit is $500, and the maximum leverage is up to 1:2000. In Professional also there are three types of accounts – Raw spread, Zero and Pro.

Exness Review - In Professional also there are three types of accounts - Raw spread, Zero and Pro

3. Fees and Spreads

  • Exness charges a spread on each trade, which is the difference between the bid and ask price of a currency pair.
  • The spread will vary depending on the account type and the asset being traded.
  • Exness also charges a commission on trades made on the Professional account.
  • In addition, the broker charges a rollover fee for holding positions overnight, which is calculated based on the interest rate differential between the two currencies being traded.
Exness Review - Exness Fees and Spreads

4. Deposits and Withdrawals

  • Exness offers a wide range of deposit and withdrawal options, including bank transfers, credit and debit cards, and online payment systems such as Skrill and Neteller.
  • The broker claims to process most withdrawals within 24 hours, although the actual time may vary depending on the specific payment method being used.
  • It’s worth noting that Exness may charge fees for certain deposit and withdrawal methods.
Exness Review - Exness Deposits and withdrawals

5. Customer Service

  • Exness offers customer support in a range of languages, including English, Chinese, Arabic, Hindi, and Russian.
  • The company’s customer service team is available 24/5 via live chat, email, and telephone.
  • Many traders have praised the company’s customer service for being helpful and responsive.

6. Regulation and Safety of Funds

exness Review - Regulation and Safety of Funds

Exness is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is also registered with several other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). This regulatory oversight helps to ensure the safety of traders’ funds and the fairness of the trading environment.

In addition to regulatory oversight, Exness takes the safety of client funds very seriously and has implemented several measures to protect them. The company follows the industry standard of maintaining client funds in segregated accounts, which means that the funds are kept in a separate account from the company’s own funds.

This helps to ensure that the funds are not used for any purpose other than to execute trades on behalf of clients. Exness is also a member of the Investor Compensation Fund (ICF), which is a fund that provides compensation to investors in the event that a member firm is unable to meet its obligations.


7. Pros and Cons

Pros –

  • Overall, Exness is a well-regarded Forex broker that offers a range of account types, a wide range of assets to trade, and fast execution speeds.
  • The company’s MetaTrader 4 and MetaTrader 5 platforms are popular among traders and offer a range of advanced features.
  • In terms of regulation and safety of funds, Exness is regulated by multiple authorities and takes steps to protect client funds.

Cons –

  • One potential downside of Exness is that the broker charges spreads and commissions on trades, which may not be competitive compared to other brokers in the market.
  • It’s also worth noting that leveraged trading can increase risk and that Forex trading carries inherent risks in general.
  • As with any broker, it’s important to carefully consider your own financial situation and risk tolerance before deciding to trade with Exness.

You Can Also Check out:-

How to Make Money in the Stock Market? {Stock Market for Beginners}


In conclusion, Exness is a reputable Forex broker that offers a range of assets, advanced trading platforms, and good customer service. The company is regulated by multiple authorities and takes steps to protect client funds. However, it’s important to carefully consider your own financial situation and risk tolerance before deciding to trade with Exness or any other broker.


Is Exness a good Forex broker?

Exness has a solid reputation in the Forex industry, with many traders praising the company for its fast execution speeds, low spreads, and reliable customer service. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is also registered with several other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). This regulatory oversight helps to ensure the safety of traders’ funds and the fairness of the trading environment.

In terms of the trading experience, Exness offers a wide range of currency pairs and other assets to trade, including cryptocurrencies, commodities, and indices. The broker’s MetaTrader 4 and MetaTrader 5 platforms are popular among traders and offer a range of advanced features, including customizable charts, multiple order types, and the ability to use automated trading strategies.

What account types does Exness offer?

Exness offers several account types to suit the needs of different types of traders. The options include:

Standard: The Mini account is suitable for beginners or traders who want to test out the platform with a smaller deposit. The minimum deposit for this account is $1, and the maximum leverage is up to 1:2000. In standard also there are two types of accounts – Standard and Standard Cent.

Professional: This account is designed for professional traders who want to trade with even higher volumes and access to raw spreads. The minimum deposit is $500, and the maximum leverage is up to 1:2000. In Professional also there are three types of accounts – Raw spread, Zero and Pro.

What fees does Exness charge?

Exness charges a spread on each trade, which is the difference between the bid and ask price of a currency pair. The spread will vary depending on the account type and the asset being traded. Exness also charges a commission on trades made on the ECN account. In addition, the broker charges a rollover fee for holding positions overnight, which is calculated based on the interest rate differential between the two currencies being traded.

How does Exness protect client funds?

Exness takes the safety of client funds very seriously and has implemented several measures to protect them. First, the company follows the industry standard of maintaining client funds in segregated accounts, which means that the funds are kept separate from the company’s own funds. This helps to ensure that the funds are not used for any purpose other than to execute trades on behalf of clients.

Exness is a member of the Investor Compensation Fund (ICF), which is a fund that provides compensation to investors in the event that a member firm is unable to meet its obligations. The ICF is a safety net for traders and helps to further protect their funds.

What is the customer service experience like with Exness?

Exness offers customer support in a range of languages, including English, Chinese, Arabic, Hindi, and Russian. The company’s customer service team is available 24/5 via live chat, email, and telephone. Many traders have praised the company’s customer service for being helpful and responsive.

How does Exness compare to other Forex brokers in terms of trading conditions?

Exness has generally favorable trading conditions, with low spreads and fast execution speeds. However, it’s worth comparing the broker to other options in the market to see which one offers the best fit for your needs. Some factors to consider include the range of assets available, the types of trading platforms offered, and the size of the spreads and commissions.

Does Exness offer educational resources for traders?

Yes, Exness offers a range of educational resources for traders, including webinars, video tutorials, and a comprehensive trading guide. The company also has an active blog that covers a variety of trading-related topics, such as market analysis and trading strategies.

Can traders use automated trading strategies with Exness?

Yes, Exness supports automated trading through the use of expert advisors (EAs) on its MetaTrader 4 and MetaTrader 5 platforms. Traders can use EAs to execute trades automatically based on predetermined rules or algorithms.

Does Exness offer mobile trading apps?

Yes, Exness offers mobile trading apps for both Android and iOS devices. The apps allow traders to access their accounts and execute trades on the go, as well as view real-time market quotes and charts.

Is it easy to deposit and withdraw funds from an Exness account?

Exness offers a wide range of deposit and withdrawal options, including bank transfers, credit and debit cards, and online payment systems such as Skrill and Neteller. The broker claims to process most withdrawals within 24 hours, although the actual time may vary depending on the specific payment method being used.

Which indices does Exness offer?

Exness offers a range of indices that traders can trade on its platform, including:

FTSE 100 Index: This index is a market capitalization-weighted index that represents the performance of the 100 most highly capitalized companies listed on the London Stock Exchange.

Dow Jones Industrial Average (DJIA): This index is a price-weighted index that represents the performance of 30 large, publicly traded companies in the United States.

S&P 500 Index: This index is a market capitalization-weighted index that represents the performance of 500 large-cap stocks listed on the New York Stock Exchange (NYSE) and the NASDAQ.

NASDAQ Composite Index: This index is a market capitalization-weighted index that represents the performance of all the companies listed on the NASDAQ stock exchange.

Nikkei 225: This index is a price-weighted index that represents the performance of 225 large companies listed on the Tokyo Stock Exchange.

Hang Seng Index: This index is a market capitalization-weighted index that represents the performance of the largest companies listed on the Hong Kong Stock Exchange.

DAX 30: This index is a market capitalization-weighted index that represents the performance of the 30 largest and most liquid German companies listed on the Frankfurt Stock Exchange.

ASX 200: This index is a market capitalization-weighted index that represents the performance of the 200 largest companies listed on the Australian Securities Exchange (ASX).

It’s worth noting that the availability of indices may vary depending on the account type and the region in which a trader is located. It’s always a good idea to check with the broker for the most up-to-date list of available indices.

How to trade FTSE 100 index as a foreigner?

As a foreigner, you can trade the FTSE 100 index through a Forex broker that offers index CFDs, such as Exness. To trade the FTSE 100 index with Exness, you will need to open an account, fund it, and choose the FTSE 100 index in the broker’s trading platform. Then, decide on your trade size and direction, place your trade, and close it when you are ready. Remember to carefully consider your financial situation and risk tolerance before deciding to trade index CFDs.

Previous articleHow do I invest in the US stock market from India? What are the charges?
Next articleHow to open Paytm Money Account?
I talk about Indian stock broker review, stock broker comparison, investment. I share my experience about stock market investing for beginners.

LEAVE A REPLY

Please enter your comment!
Please enter your name here