Throughout your research on brokers and trading offering, it’s very important to choose the most reliable company, as well the one that suits your trading needs the best. For this reason, we assist in choices by reviewing brokers and checking information in a detail, to support selection and here is Exness Review among others.

What is Exness?

Exness is the brand name of the global brokerage firm that delivers its services through two main offices in Saint Vincent and the Grenadines and is a Cyprus Broker. The divided nature of the firm enables worldwide clients to enjoy tailor financial service and investment solutions, while the global brand delivers vast opportunities to the retail and mainly corporate solutions or partnerships, and the EU based company in Cyprus performs fully regulated services to the members within EEA and world. Moreover, the company expanded its global reach and established a UK-based entity Exness UK Ltd.

Exness website

Actually, the broker has won numerous awards as a retail broker and therefore offers stable and reliable brokerage services with the comfortable trading environment created to suit the most demanding traders with their tight spreads and no hidden commissions from 0.1 pips. The trading process is delivered by the intuitive platform MT4 with a possibility to trade a number of CFDs and Futures on a range of markets.

Lastly, together with comfortable conditions for trading, you will get advanced support that brings customer service in 13 languages along with up-to-date financial news from Dow Jones, educational robust materials and Web TV with latest updates.

Moreover, the Exness takes an active role in social life, as well as acting as an honoured sponsorship partner with various organizations. Currently, Exness proudly sponsors the world’s number one football team, Real Madrid, and the best football player alive, Cristiano Ronaldo.

Exness sponsorship

Nevertheless, to understand offering in a detail you should always check the most important information of the broker’s proposal. In this purpose this review covers the following highlights:

Is Exness safe or a scam?

In order to protect invested funds, when selecting a company for a long-term partnership a professional trader should consider not only the company’s trading conditions. But also, most importantly, make sure that the company’s operations comply with the relevant country’s legal requirements and with internationally recognized financial standards.

Exness Group due to its presence in various countries and established offices regulated by necessary local authorities that also highly respected within the industry. Exness UK Ltd is authorized and regulated by the Financial Conduct Authority, while Exness CY Ltd holds a license from CySEC. Thus, the broker permitted to provide financial products or services within its activity in above mentioned countries and in another country in the EEA. Also, there is a license from an offshore Seychelles, which rather provides just registration than serious regulation, yet additional licenses from reputable authorities make things in Exness reliable.

Exness license

Therefore, and due to operational standards that are set according to the requirements along with the customer protection, money segregation and participation in investor compensation fund or scheme. The EEA registration and the provision of services on a cross-border basis performed by authorization from cross authorities within Europe that makes Exness operation standards highly reasonable ones.

Exness Trading Platforms

The trading platform choice offers the selection between industry leaders MetaTrader4 and MetaTrader5 along with mobile trading platforms and MT4 WebTerminal that allows access through any device.

While both platforms are well known software in the industry, MetaTrader4 feature a convenient and functional trading platform that has been recognized by professional world traders and retail traders as well. While MT5 is a more developed version of the previous one with powerful features and new possibilities.

Exness platform

Since there are many traders who still prefer the MT4, both options are available along with the analytical service with free technical analysis from Trading Central, high-quality VPS hosting, economical calendars, quotes history and a constant monitor of the accounts. The most relevant news affecting the Forex market available from Dow Jones News, the leading provider of information in the world, hence included into the streaming line of the platforms. Meanwhile, all trading styles are welcomed making your strategy available and possible to be performed at Exness.

Exness Trading Costs

So engaging with Exness you can expect a fully-regulated and safe trading environment that allows to either open a demo account and test trading strategies or to open a live account to enter forex markets. The traders of world jurisdictions may be subjected to different account offerings that range according to regulation and compliance. The accounts available with more than 80 currency options while the company features instant payment options and offers Mini Account, Standard Account and ECN Account.

Moreover, there are additional features enables the Exness customers that bring the possibility to compete and gain valuable prizes in the Contests that performed from time to time. However, the traders’ residents of particular countries should check the availability and the possibility to engage on the official website.

Exness spread

Exness spread

As defined, Exness spread is based on tight variable spreads, which is defined by the account type as well. Mini Account Spreads are starting from 0.3 pips with no commission on trading volume, the Standard account costs based on tight spreads from 0.1 pips. And ECN account features raw spread plus the commission per trade. See some of the examples below for a better understanding of Exness costs, as well compare fees to another broker DF Markets.

Exness ECN account

Exness rollover

Also, always consider Exness rollover or overnight fee as a cost, which is charged on the positions held longer than a day. Each instrument charges different quote for overnight positions, which may be as a fee or a refund, see sample on some of the instruments above.

Exness Leverage

As the majority of Forex brokers, Exness also offers to use leverage, which may increase potential gains through its possibility to multiple initial accounts balance.

Leverage levels always depending on the instrument you trade, as well defined by the regulatory restrictions and your personal level of proficiency. Since FCA and CySEC along with its European directive miFID significantly lowered possibility for leverage levels, the maximum leverage you may use as a retail trader is 1:30 for major currencies, 1:20 for minor ones and 1:10 for commodities. Yet, a global entity of Exness may allow much higher leverage ratios up to 1:1000, which are also defined by the country of your origin.

And of course, always learn how to use leverage correctly, as leverage may increase your potential loses as well and is a different feature in various instruments.

Exness Payment Methods

Exness performs instant deposits and withdrawals with no commission charges using a number of electronic payment system that provides control over your account funding at convenience. The payment options including possibility to use either Bank Wire Transfers or major Credit Cards, as well as the e-systems Neteller and Skrill.

Exness Minimum deposit

What is more great, Exness does not require a specific amount at the beginning, so you will be able to start as small as 1$. Yet, check on the payment methods, as some of them set a minimum transfer amount.

 Exness funding

Exness withdrawal fee

As been mentioned already, Exness does not charge any fees either for deposits or withdrawals. Nevertheless, check before any transfers are done with customer service in case there are any fees may be applicable, due to your country of origin or maybe by the payment provider himself.

Conclusion on Exness

Overall Exness review is about the transparent, fully regulated by various jurisdictions brokerage company that was recognized timely for its achievements and high operational standards. Apart from the availability of the Mini and Standard accounts that enables traders of any size to join, competitive trading conditions from 0.1 pips and range of markets so you get technical support from the industry-leading MT4 or MT5 platforms. Powerful features of the platforms bring the capability to trade effectively along with the secure environment and all trading styles accepted. Moreover, there are pleasant additions alike Trading Central services and free VPS hosting that rewards client even more, making all in all Exness as a choice to consider.

Yet, we would be glad to know your personal opinion about Exness, you may share your experience in the comment area below, or ask us for some additional information if required.

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