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By April of 2022, Exness had accumulated an impressive roster of hundreds of thousands of investors and had transacted trillions in trading volume. Its asset selection is broad, comprising of Forex, Crypto, Metals, Energies, and more, all of which are accessible to its clients.
Exness Main Highlights
| 🚀 Minimum deposit: | 10$ |
| ⚖️ Leverage: | 1:500 |
| 🛡️ Regulations & Licenses: | FCA, CySEC, FSA, FSCA, FSC, CBCS, CMA, FSC BVI |
| 💵 Deposits/Withdrawals: | Skrill, Neteller, Credit Card, Webmoney, Perfect money, CashU, Crypto |
| 💻 Trading platform: | MetaTrader 4, MetaTrader 5, WebTerminal, Mobile App |
| 🌙 Islamic Account: | Yes |
| 🔗 Main domain: | exness.com |
A Look At Exness
Exness is an established international foreign exchange brokerage that specializes in providing retail exchange services, collaborations, and corporate solutions to customers around the world. Founded by Igor Lychagov and Petr Valov in 2008, it operates through offices registered in Cyprus, the United Kingdom, South Africa, Seychelles, Curaçao, and the British Virgin Islands.
However, the locations in Cyprus and the UK do not offer services to retail customers. The company is known for its honesty and transparency, which has earned it favorable reviews from investors, financial journals, rating agencies, and online publications, thus allowing it to acquire clients globally. This is your guide for the exness review
Exness Account Types
Exness provides a variety of accounts tailored to the needs of traders. These accounts range from the Standard Cent, Standard, and Pro options, to the Raw Spread and Zero options, as well as the Islamic Account, which is swap-free. And each account has its own specific rules about margins (30% for Pro, Zero, and Raw Spread & 60% for Standard and Standard Cent), commissions, and leverage.
Financial Instruments provided by Exness
The financial instruments includes:
Indices
Traders can access popular indices to trade CFDs, such as the S&P 500, FTSE 100, and Dow Jones Industrial Average.
Cryptocurrencies
It is possible to speculate on the price of major cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash through CFDs. So, 35 cryptocurrencies are supported.
Forex
Trade up to 100+ foreign exchange pairs.
Energies
USOil and UKOil contracts can be traded.
Stocks
It is possible to trade contracts for differences in stocks such as Apple, Google, Tesla, and others.
Exness Trading Platforms
Exness provides traders with multiple platforms:
Exness MetaTrader 4
MT4 is a popular platform due to its broad range of options and its well-established reputation. It is a favorite choice amongst traders globally.
Analytical tools: A range of 30 technical indicators and 23 analytical objects are integrated into the system, providing comprehensive analysis capabilities.
Security: The communication between the server and the trading platform will be secured using 128-bit encryption keys, providing maximum protection.
MetaQuotes: Creating trading robots and scripts is made possible with MQL4, and adding Expert Advisors is a simple and quick process.
MetaTrader 5
MT5 is the upgraded version of MT4 with a more advanced user interface and additional features for a better user experience.
Analytical tools: The analytical tools available in the platform include 38 built-in indicators, 22 analytical tools, and 46 graphical objects.
Advanced platform: MQL5 surpasses the capabilities of MQL4, permitting traders to create more complex automated trading systems and programs.
Various trading options: A wider range of trading options, including eight different types of pending orders.
Calendar: This platform features a built-in economic calendar, providing news updates and projections. And because of these tools your experience will be better.
WebTerminal
WebTerminal is a web-based platform offering a comprehensive trading experience through the MT4 and MT5 frameworks. It allows users to manage multiple real and demo accounts simultaneously, making it an ideal choice for traders with multiple accounts.
Unfortunately, it does not have the same analytical tools as its desktop counterpart and is only available for Windows. So, it is a great choice for traders who need to manage numerous accounts at the same time.
Exness Platforms
In the exness review for exness platforms, we discovered that it offers several specialized options on its platforms, such as the Exness Trader mobile app, Social Trading mobile app, and Exness Terminal online trading platform. So these are all tailored to provide traders with a unique and user-friendly experience.
Exness Trader
The Exness Trader Mobile App is the ideal choice for those who want a convenient and all-encompassing Forex Trading Terminal. Our exness review for this app tells that Exness Trader allows users to manage their Exness accounts, access security information, utilize technical analysis, and read up on economic news.
Exness Terminal
Exness Terminal is a web-based version of the MetaTrader 5 platform, which is exclusively for MT5 accounts. No installation or downloads are needed to access its features and functionalities. And it offers basic functionalities for a user-friendly trading experience.
Exness review about the Social Trading mobile app provides investors with an avenue to capitalize on successful trades from experienced traders (also referred to as strategy suppliers). Rather than having its own trading platform, Social Trading facilitates investors to mimic the successful trades of these suppliers.
Exness Mobile App
Exness review for the Exness app is an extremely convenient way to access the Exness platform from your mobile device. This trading app allows users to quickly access market info with a single click. So the app boasts quick order execution, MT4 and MT5, low spreads, fast deposits and withdrawals, a variety of forex pairs, and full account control.
Furthermore, the app offers a live chat feature for ease of use. And with the live chat, users can get instant answers to their queries.
Exness Deposits & Withdrawals
When it comes to managing funds, Exness provides fast and efficient solutions.
Clients can deposit and withdraw funds with immediate effect, and have control of their money 24/7. Exness is the only broker that offers metal currency accounts and accepts Visa and Master cards.
Additionally, they provide many local payment solutions, as well as BTC and USDT crypto solutions. The commissions associated with deposits and withdrawals depend on the payment methods utilized.
Exness clients can also choose to hold their funds in any of the 80 supported fiat currencies, or the specialized metal currency accounts available exclusively on their platform.
Exness Tools
The primary goal of trading is to increase the initial investment and gain the highest profits possible. So to help investors with this, Exness broker provides a variety of trading tools to improve their strategies and improve their accuracy. And these tools include:
Calculator: Investors can access information regarding trading transactions such as the amount of shares, swap rates for purchasing and selling, cost per lot, the required margin, and gain per point.
Converter: Major foreign currencies can be quickly exchanged.
VPS Hosting: Stability, swiftness, round-the-clock trading, and accessibility are all benefits of trading on a digital platform.
Related article: Accuindex Review 2023 | Brokers Times
FAQs
Is Exness a Scam?
Exness is a legitimate broker, recognized and regulated by the Financial Services Conduct Authority (FSCA) of South Africa, offering secure trading of Forex and Contracts for Difference (CFDs) instruments.
Is Exness Securities Legit?
Exness can be described as a regulated broker with exceptional trading fees, low spreads and educational content and customer care.
Can I withdrawal all my money from Exness?
Making a withdrawal with Exness is a straightforward process, and all you need is your Personal Area login details, your payment system accounts, and your current security type (Email/SMS). Log in to your Personal Area and click on the ‘Withdrawal’ tab. So choose the payment method you would like to use.
What is the minimum deposit at Exness?
10$
Where are the offices of Exness located?
The registered office of Exness (SC) LTD is at 9A, CT House, 2nd Floor, Providence, Mahe, Seychelles.
Exness Pros
- Competitive Market Prices
- Integrated MetaTrader Platform
- No Cost Swap/Islamic Accounts
- High Leverage Ratios
Exness Cons
- No USA Clients Permitted
- No Bonuses/Promos
