Exness Review

Exness Ratings at a Glance

Exness offers multiple tradable instruments, including forex pairs, cryptocurrencies, indices, commodities and metals, across its multiple account options. Here's a comprehensive overview of those offerings and options.

Tradable Instruments or Products 

As an award-winning multi-asset broker with over $3 trillion in monthly trading volumes, Exness grants traders access to the global FX market, where they can trade the world's most popular currency pairs. Over 100 currency pairs, including an impressive selection of FX majors, minors and exotic pairs, are available. Traders benefit from low and consistent trading costs with tight spreads that remain stable during market events and economic news releases. 

With more than 30 cryptocurrencies available, crypto traders have ample opportunity to access the digital asset market and trade its price movements against the U.S. dollar. Diverse crypto derivatives mean they can delve into the dynamic crypto market and trade the price of rising and falling assets such as BTC, ETH and altcoins, without owning them. Exness also keeps stock traders interested, with its low-cost offering of large-cap stocks of the most significant international companies. They can trade these equities in bull or bear markets with leverage of up to 1:20, without owning the underlying assets. 

Exness offers ample commodity derivative products too, including precious metals like gold and silver and energy products such as crude oil and natural gas. These excellent hedging and diversification instruments are available five days a week. Investors can diversify further, by gaining exposure to the global indices market. Exness provides major stock indices from the U.K., U.S., Japan, Germany and China, enabling investors to trade global indices based on stock market averages. Exness offers swap-free trading for select instruments ($0 overnight charges), stop-out protection against volatility and price gap protections to combat price gaps while ensuring fast execution. 

Account Types

Besides the demo, Exness offers five account types —  Standard Cent, Standard, Zero, Raw Spread and Pro account. All the account types have a minimum lot size of 0.01 and leverage up to 1:Unlimited. They grant traders access to all Exness tradable instruments and are compatible with MT4 and MT5 platforms - except the Standard Cent account, which is only available on MT4 and offers 36 forex pairs and metals.

The Zero, Raw Spread and Pro accounts are professional accounts with features such as low-spread or spread-free accounts with execution options suitable for scalpers, day traders and algorithmic traders. Each account requires a $200 minimum deposit and is ideal for seasoned traders.

Demo Account

Demo accounts are valuable for practicing and familiarizing yourself with trading before entering real markets. Upon registering a Personal Area, you receive an automatic demo account with $10,000 in virtual currency. Demo accounts are available for all account types except the Standard Cent account, which can only be traded with real money. The price feed and price movement are identical for Real and Demo servers where the accounts are hosted.

Standard Cent Account

The Standard Cent account allows you to trade micro-lots of 36 popular forex pairs and metals. It is ideal if you're a beginner or prefer lower trading volumes. The spread starts from 0.3 pips, and the minimum deposit depends on your payment options. There's no commission.

Standard Account 

The Standard account offers traders of all levels a wide range of instruments, account currencies and leverage options to suit individual needs and preferences. The spread starts from 0.3 pips and there's no commission, just like the Standard Cent account. However, it has no minimum deposit.

Professional Accounts 

The Zero account offers you 0.0 point spreads on 30 currency pairs for 95% of the trading day, making it an ideal choice for your EA and automated trading strategies. Its commission per lot size starts from $0.20. The Raw Spread account provides you with the lowest raw spreads of 0.0 and a low fixed commission of up to $3.50 per lot size, while the Pro account combines the flexibility of the Standard account with the power of instant execution. There's no trade commission, and the spread starts from 0.1 pip.

Trading Platforms 

Exness offers MT4 and MT5 trading platforms — two popular and powerful trading platforms for FX and other CFD trading instruments. The MT4 provides some basic features, including charts and timeframes and indicators for flexible market analysis and trade execution. However, the MT5 is more robust and cutting-edge, with features like MetaEditor, for developing a trading robot and technical indicators and MetaQuote Language 5 (MQL5) — a programming language for trading strategies that enable the creation of scripts.

If you're just starting, it's best to stick with MT4. Exness offers its own proprietary trading tool — the Exness Terminal, which is exclusively designed for traders using the MT5 platforms (both real and demo). It is web-based and so requires no installation. There's also a Webterminal available for MT4 and MT5 platform users. All Exness trading platforms are available on its Mobile App, except for the Webterminal and Multiterminal (for Windows). Exness offers a Social Trading App that allows traders to discover, copy and monitor trading strategies from experienced traders, providing an opportunity to earn from profitable trades while maintaining control over their investments.

Trading and Educational Tools

Exness provides multiple trading tools for traders, including analytical tools for technical and fundamental analysis, currency converter, tick history (which provides past bid and ask price of securities) and VPS hosting for fast and secure trade execution. The available fundamental analytical tools include FXStreet News, Trading Central WebTV and the economic calendar. For technical analytical tools, traders can access signals from Trading Central and use the TC Technical Analysis Indicator. Adding to the collection of educational tools, Exness's blog has excellent resources on the broader financial market and the company's media footprint is laudable.

Exness provides 24/7 multilingual support through phone, email and its highly interactive chatbot on the website's upper-right corner. The chatbot is highly responsive and will assist you with most potential inquiries. If you require more personalized assistance, you can inform the bot, and it'll immediately connect you with a live agent to answer your questions. Again, response time is lightning-fast. You can find in-depth information regarding Exness trading platforms, deposits and withdrawals, tools and more at the Exness Help Center. You can also connect with the team via social media. 

Exness is active on major social networks, including Twitter, Instagram, Facebook and YouTube. Exness has an impressive rating of 4.5/5 on Trustpilot. While the overwhelming comments were positive, there were also a few negative ones.

Exness makes providing a secure trading environment for its clients a priority. Portal access and the personal area have password protection, ensuring compliance with local data privacy laws. Secure login with high-tech encryptions and industry-standard data privacy protocols is replicated on the MT4 and MT5 trading platforms. Servers are housed in highly secured locations in Miami, Johannesburg, Singapore, Amsterdam and Hong Kong.

Exness’ minimum deposit is $10, but varies for different account types. The minimum deposit for the professional accounts is $200. For the Standard Cent, it depends on the payment method, while the Standard account requires no account minimum. The minimum withdrawal is $2. Account funding via the personal trading area is quick and hassle-free. The platform accepts over 50 base currencies for live trading. 

There are numerous payment options, including bank cards, Bitcoin wallets and electric payment systems like Tether, Neteller and Skrill. The available option depends on your country of residence. Exness doesn't charge deposits or withdrawal fees, although a third-party charge may apply. Exness submits deposits and withdrawals instantly, but the speed of each transaction will depend on the payment method/financial institution. The minimum trade size is usually 0.01 lots, the maximum up to 200 lots with unlimited leverage. The platform offers a transparent and competitive fee structure.

Exness offers a seamless user experience with fast setup and onboarding. Traders can quickly create accounts and access the platform. Its robust MT4 and MT5 trading platforms ensure streamlined market analysis and fast trade execution. The proprietary Exness Terminal is equally efficient with its powerful trading interface accessible via the web browser. 

Exness also provides access to various trading tools, including fundamental and technical indicators, enhancing traders' decision-making capabilities. Additionally, it offers a mobile app for on-the-go access. Multiple payment methods mean hassle-free funding and withdrawal. 

Exness vs. Competitors

Exness has a few competitors, such as OctaFX and IC Markets. Like Exness, both are multi-asset FX brokers with robust trading platforms (MT4 and MT5), excellent leverage and competitive spreads and fee structures. The minimum deposits for OctaFX and IC Market are $100 and $200 respectively, compared to $10 for Exness. OctaFX and IC Market leverages vary according to country, the maximums being 1:500 and 1:1000, respectively. Exness offers flexible leverage for all account types with a minimum and maximum lot of 0.01 and 200, respectively. Exness is the first brokerage to pass $1 trillion and $2 trillion monthly trading volumes. At a current average of $3 trillion monthly trading volume, it beats these two platforms. Other areas in which Exness may have an edge over these platforms are spread and execution speed, especially when considering its VPS offerings.  

Exness is a well-established multi-asset broker offering various trading instruments, including currencies, cryptocurrencies, stocks, indices and commodities. Thanks to its user-friendly trading platforms, including MetaTrader 4 and 5, and proprietary Exness Terminal, traders of all experience levels can access advanced tools and execute trades efficiently. Exness is known for its competitive fee structure, offering low spreads, zero commissions on certain accounts and swap-free options for overnight positions. The broker provides flexible leverage options, allowing traders to choose leverage ratios that suit their risk appetite and trading strategies.

Additionally, Exness strongly emphasizes security, with password-protected personal areas, encryption technologies and compliance with data privacy laws to ensure the safety of client funds and information. Exness offers a reliable and trusted trading environment for traders worldwide. However, Exness is unavailable in many countries, and you can check their website before registering.

Frequently Asked Questions

***Different conditions and features may apply depending on the account type, platform, financial product, client jurisdiction, payment method and others. In addition, different features may apply depending on the trading Company that the client is registered with, since Exness is a multi-regulated brokerage with licenses in different jurisdictions.