Exness
Regulated by CySEC, FSA, FCA
Pros
- Instant withdrawal of funds,
- Provides VPS,
- Accept Bitcoin,
- Live Chat 24/7
cons
- UK and US shares not available,
- Reduce Leverage on News time,
- US clients not accepted,
- PayPal not accepted
Introduction
Exness, a Foreign exchange broker which is expanding consistently was fabricated back in 2008.
Hands down, It is undoubtedly one of the tightest and regulated brokers of all time as it holds the regulation title of both FCA ( Financial Conduct Authority) and CySEC ( Cyprus Securities and Exchange Commission ).
Besides, Exness holds a massive user base and as of 2019 only, there were approximately 80k active traders across the trading sphere. Apart from that, the brokerage deals with a trading volume of $325.8 per month.
In addition, Exness is often considered a place filled with opportunities as it offers a minimum deposit of $1 along with a leverage of 1:200, 107+ currencies to choose from, direct access to MT4/MT5, and much more!
Let’s find out!
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 2000:1
- Minimum to Open Live: $1
- Established: 2008
- Address: F20, 1st floor, Eden Plaza, Eden Island, Seychelles, Seychelles
- Contact: support@exness.com, 00801 14 8968
- Regional offices: Cyprus
- Prohibited countries: Australia, Canada, Ethiopia, European Union, Gibraltar, Iran, Iraq, Isreal, Malaysia, New Zealand, North Korea, Palestinian Territory, Russia, Saint Vincent and Grenadines, Somalia, South Sudan, Syrian Arab Republic, United Kingdom, Unitet States, Vanuat
- Trading platforms: MT4, MT5
- Web Trading: Yes
- Mobile Trading: Yes
- Currencies: (115+)
- Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
- CFD: (130+) Gold, Silver, Stock Indexes, Oil
- EAs/Robots: Yes
- News Spike Trading: Yes
- Scalping: Yes
- MAM: No
- PAMM: No
- ZuluTrade: No
- Deposit
Methods:
VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether, WebMoney
- Withdrawal
Methods:
VISA, MasterCard, Bitcoin, Neteller, PerfectMoney, Skrill, Tether, WebMoney
Trading Conditions
Thinking about all the retail market traders, Exness offers two types of trading accounts which includes
- The Standard trading accounts.
- The professional trading accounts.
Besides, the brokerage also provides ECN options on the trading accounts but only for the professional raw accounts. Also, they offer standard cent accounts that require a minimum deposit amount of $1 so that the new traders can get the upper hand.
Moving on, the minimum deposit for the other accounts starts from $200 or equivalent to that amount where the leverage is 1:200 and the spreads can be as low as 0.3 pips. Here are the deets…
Note: On unique trading conditions the spreads of Exness can drop as low as 0.1 pips.
For a better overview of the trading account, stay up to date with the perception shown below:
Standard trading account:
Professional trading account:
Hold on, there's more incoming!
Also, with Exness, the Muslim brothers across the globe will be given access to the swap-free trading accounts so that they can trade the Forex market in a halal way.
Moving on, despite providing all this with Exness you’ll also be getting the availability of both instant execution and market execution at the same time.
What's holding you then? Hop on with Exness and start trading!
Products
Exness offers a variety of trading assets for all the indigenous market traders across the trading sphere. As they don't believe in holding back anything!
The same thing applies to their trading opportunities. They provide all the necessary assets and trading instruments including, 107+ currency pairs, up to 81 stock and indices, cryptocurrencies, and much more.
Here's the complete picture:
Forex: With Exness, you'll be able to trade up to 107 currency pairs while trading the Foreign exchange market.
Stock and Indices: The brokerage grants you more than 81 stock and Indices to choose from.
Cryptocurrencies: You'll be eligible to trade cryptocurrencies including BTC, XRP, LTC, and ETH.
Metals and Energies: You'll be given access to trade Metals and energies including Gold, Silver, Platinum, and Palladium.
Regulation
Exness is Utterly considered as one of the safest and secure Foreign exchange brokerages of the current time. As it's regulated by some of the tightest regulatory bodies. Which goes as following:
- The CySEC ( Cyprus Securities and Exchange Commission ).
- The FCA ( Financial Conduct Authority)
That's not even it!
Apart from all this, Exness also provides segregated reports along with yearly reports.
Moving on, Exness is regulated with different regulations on different continents.
For example, In the United Kingdom the brokerage is regulated by FCA on the other hand, it is regulated by CySEC in the European region.
Therefore, while trading with Exness, there's no need to stress thinking about the safety of your capitals instead stay relaxed and trade the market.
Platforms
When it comes to trading platforms, Exness has gotten its hands into two of the most effective and widely considered trading platforms.
And you know what we're talking about, don't you?
Yes, it's the MT4 and MT5 trading platforms. In addition, the brokerage also offers web trader platforms that let you access the web version of the MT4 and MT5 trading platforms.
Note: You'll only get the MT4 and MT5 on the web trader platform while using the latest version of the web trader.
Despite all of this, the trading platforms are not that customized and due to the unavailability of any third-party add-ons, you won't be able to intensify it either.
Except for that, with Exness, you’ll be getting ample trading currencies to choose from, 20+ time frames, multiple trading charts, various trading indicators, economic calendars, and much more!
Mobile Trading
In recent days, mobile trading is more popular than ever and the possible reason behind it might be the HUGE number of consumers of mobile devices.
Several surveys from 2020 show that the number of mobile users increased by almost 85% compared to 2014 and 2015.
Unreal stats, right?
That's why mobile trading is more considerable in recent days.
As per Exness, they offer MT4 and MT5 trading platforms in their mobile trading app which obviously comes with 24/7 support, ultra-fast withdrawals, vital alerts, 200+ famous tradable assets, and much more!
Bonus & Promotion
As one of the tightest and strictly regulated Forex brokerage Exness doesn't provide you with any sort of trading bonuses.
Wondering what could be the reason?
Well, from our frank perspectives, the possible reason is maybe they don't want to offer anything which can cause the defame. As we all know, bonuses are probably the center of every spamming act.
And we all can relate to that!
Therefore, if you're a trader who opts for trading bonuses then Exness may not be the right pick for you.
Deposits & Withdrawals
Exness allows a vast range of transaction methods so that the traders don't face any additional difficulties while performing the deposit or withdrawal process. They allow:
- Web Money
- All sorts of cards including Credit, Debit, MasterCard, and Visa.
- Direct bank transfer
- Neteller, Skrill
- Perfect money
Note: A specific amount of charge will be deducted while undergoing the withdrawal process which entirely depends on the net amount. Besides, the payment method should be in accordance with AML regulations.
Customer Support
Exness is often considered as one of the higher standard brokerages as it provides both an active and effective customer support program.
If you have any trading-related queries then you can contact them through their live chat procedure which stays active 24/5.
Besides, you can find the official community of Exness in almost all the social media platforms including Facebook, Instagram, Twitter, Linkedin, YouTube, Telegram.
Research & Education
When it comes to providing educational support to the traders, Exness is undoubtedly second to none as it has its own academy committed to that cause.
There you'll find all the essential educational materials whether it's trading guides, blogs, webinars, or even the basics and fundamentals of trading indicators, they've got you covered.
Apart from all that, they also provide you with demo trading accounts which can also help BIG time to experience a live trading environment. Not only that, the demo accounts are often used by the PRO traders for backtesting their trading strategy.
