Exness broker review & test – Scam or not?

Review:	Regulation:	Demo account:	Minimum deposit:	Spreads from:	Markets:
(5 / 5)	FCA (UK), FSA (SEY)	Free	$1	0.0 pips	200+, forex, stocks, indices, crypto

Have you been looking for a good and trusted online trading service provider for a long time? Then, you have reached the right trading website. If you read our Exness review here is the solution to all your problems. Through this review, we will tell you about some of the top online trading service providers that provide direct investment services for trading with CFD – and forex trading broker Exness Markets.

In this article, you will learn more about trading broker Exness firm and get a better experience from these types of investing platforms. Once you start your journey, you will realize what you will do for a successful investment. Should you really invest your money there? – Read the full review here.

(Risk warning: Your capital can be at risk)

What is Exness? – The broker presented:

Before you read the trading broker Exness Review, you should know, what is Exness? The brand name of the global brokerage firm is Exness. The services of Seychelles are provided through two head offices and it is also called Cyprus Broker. Globally can provide financial services and investment solutions to clients. While global has been providing you with this huge opportunity for partnerships with corporate solutions and retail brands. You may be surprised to learn that the EU-based company in Cyprus and the UK provides fully regulated services to all member investors around the world.

Similarly, the broker is doing it to reach out to the world. This action is also completely controlled and balanced. As you may know, the broker has so far received numerous awards as a retail broker. Because brokers have been investing heavily with traders with the greatest success. It is also one of the most comfortable in any trading environment that can maintain a stable position.

Exness is also able to provide reliable brokerage services. The trading process can be said to be an intuitive platform for investing. The spread of Exness brokerage worldwide continues to grow. There is also a potential for trade prosperity of CFDs and futures in several markets. The company has been recognized as a social and best trading broker numerous times so far. Hope you got a comprehensive idea about it to understand.

Facts about the company Exness: 

• Founded in 2008
• More than 325 billion trading volume
• Broker based in the UK, Cyprus, and Seychelles
• Offers its service to international clients
• Service in more than 15 different languages

⭐ Rating:	5 / 5
🏛 Founded:	2008
💻 Trading platforms:	MetaTrader 4, MetaTrader 5
💰 Minimum deposit:	$1
💱 Account Currencies:	USD, EUR, GBP
💸 Withdrawal limit:	No
📉 Minimum trade amount:	$1,000 trading volume / 0.01 lot
⌨️ Demo account:	Yes
🕌 Islamic account:	Yes
🎁 Bonus:	Yes
📊 Assets:	Forex, Stocks, Indices, Cryptocurrencies, Metals
💳 Payment methods:	Credit- debit card, Bank transfer, Neteller, Skrill, Perfect Money, Web Money
🧮 Fees:	From 0.0 pips, variable overnight fees
📞 Support:	24 / 7 customer support via e-mail, live chat and phone
🌎 Languages:	12 languages

(Risk warning: Your capital can be at risk)

Is Exness regulated? – The safety of customers

Before you invest in a company, you need to know exactly which company you are going to invest in. You should also consider whether it will be properly regulated after you invest.  You will find lots of scam companies on the internet that do not guarantee your investment. These companies are out of control so you have to be careful of these types of companies.

When you are investing in a company, check whether it is controlled by the government authority because it is a very important issue. If the companies are registered by the government then it can protect you from online trading scams. You must be very intelligent, then you should make sure that the trading broker companies are licensed. A license is proof that the broker is completely secure and it is tested. Remember, after considering the necessary criteria and the necessary regulations, an organization is recognized.

Exness is regulated by the following authorities: 

• Exness.com is regulated by the Seychelles Financial Service Authority (FSA)
• Exness.uk is regulated by the Financial Conduct Authority (FCA)
• Exness.eu is regulated by the Cyprus Securities and Exchange Commission (CySEC)

Exness is approved in Europe and Seychelles is approved and solicit controlled. There is a special reputation of Exness, they help in proving the ownership of the trusted platforms in investment companies. This trading broker gives you quality services. If you want to get high protection for investment, use this broker.

(Risk warning: Your capital can be at risk)

Trading conditions for customers:

There are some rules to investing in Exness that can help you. The broker only accepts and provides financial solutions and financial services to merchants. These investments are fully catered to the needs of the client. Remember, Exness does not accept bribes or brokerage services. If you are thinking of a peaceful and comfortable business then it will be provided according to proper provisions.

The included offer for Exness traders is that Exness offers tight spreads from 0.1 pip. There is no hidden commission fee for you and it cannot be added in the future. With the MT4/5 (MetaTrader) supply as a customer, the trading platform Exness provides CFDs to traders in a lot of markets. Also, an array of futures is provided here.

The following markets can be traded with Exness: 

• 107 currency pairs
• 40 stocks and indices
• 7 cryptocurrencies
• 12 metals and energies

Exness You will get customer support in 13 different languages. You will also be able to know for sure the latest financial information updates of your business. The minimum deposit is just $1 to open a real trading account. In a later section, we will focus on the account types. The maximum leverage is up to 1:2000 but you can change it in your account settings. European retail traders are limited to the leverage of a maximum of 1:30.

Facts about the trading conditions: 

• The minimum deposit is $1
• Different account types are possible (pro and standard)
• Free demo account
• MetaTrader 4/5 platform
• Leverage up to 1:2000
• Spreads from 0.0 pips
• Multi-language support
• Fast and secure trading execution

What are the pros and cons of Exness?

Exness is a successful company that was founded back in 2008 and has managed trading volumes of more than 325 billion USD. This gives you a good impression of the level of trust of the broker. We also personally in thoroughly tested the platform with our own money, and we give you our conclusion below.

Pros of Exness	Cons of Exness
✔ Broker is highly regulated with multiple regulations	✘ Average response times from customer support can be a bit slow
✔ Unlimited free demo account available	✘ The deposit method via mobile app is a bit unreliable
✔ Very low minimum deposit of only $1
✔ Different account types for all types of trading
✔ Spreads from 0.0 pips
✔ Most popular trading platforms MetaTrader 4 and MetaTrader 5 available
✔ Professional support and educational section
✔ Customer support available in multiple languages

How good is the usability of Exness trading platform?

Usability is one of the most important factors and we will take a look at some key aspects in the section below.

Criteria	Rating
General Website Design and Setup	★★★★ Website has a professional structure, clients from the European Union will need a VPN to access the site
Sign-up Process	★★★★ The sign-up process was easy and smooth and took only around two minutes
Usability of trading area	★★★★ a Large number of advanced analysis tools and setting are available in MetaTrader 4, but it takes some practice to navigate the platform
Usability of mobile app	★★★★ Mobile app is available for all devices, but the deposit function via mobile app was a little unreliable

(Risk warning: Your capital can be at risk)

Test of the Exness trading platform

Exness currently has many services available for merchants. These are MetaTrader 4, MetaTrader 5, Exness Terminal, and Web Terminal. You can accept any service of your choice.  Its sophisticated service is the Exness terminal. And the service maintained and developed by developers is a customized trading terminal.

Brief description of terminals and trades:

(Risk warning: Your capital can be at risk)

Exness Terminal:

Exness terminal is like a web tutorial. This is a web version like a trading terminal. The terminal is useful for both mobile browsers and web browsers. It is run entirely by Exness mobile developers. That means it is constantly working to give Exness customers a full user experience. Users will be able to control it via mobile.

Web Terminal:

The features that Web Terminal offers to merchants are:

You do not need to download or install any additional software to use it. Because it has an interface that you can use exactly like the desktop version. Using the HTML5 web app keeps the security system strong. Therefore, its data and speed are protected through encryption.

Merchants can use the basic functions to provide the functions they need. This includes a variety of trading operations that provide quotes to provide real-time transactions on the web terminal and enable customization of price charts through preliminary analysis.

Also, MetaTrader 4 and MetaTrader 5 are available here.

Charting and analysis

From a business point of view, technical analysis plays an important role in charting. Meta Trader 4 and Meta trader 5 are one of the most popular and flexible platforms in the trading sector. Currently, numerous brokers use this type of software for traders. Set up different charts and set up a set duration. Exness gets its market information from well-known suppliers.

As we said before, web trader charts are always provided through the trading view. Yet it is a global, one-of-a-kind market survey. It provides all the data in the largest market. Meta Trader 4/5 charts are equivalent to TradingView.com. There are many more tools available on TradingView.com than MetaTrader. In the case of MetaTrader 4/5 differently, you can use your indexes and programs to automate trading.

Here you can make bar charts, trading charts, and line charts.

Mobile trading

Exness offer is made in a way that is a developed application for the Android browser. The portfolio can be accessed from anywhere in the world with the help of mobile trading. View the latest offer and respond to ongoing changes. Currently, professional brokers scrutinize almost every application. So mobile trading is becoming more popular day by day. Meta Trader works as a version 4/5 It is incomparably effective. Here are all the necessary functions that you can easily find. So you have quick access to the markets.

(Risk warning: Your capital can be at risk)

How to trade with Exness:

Forex trading is a popular investment way for private traders. Because, by investing a little capital here, the international financial markets can be easily accessed. Also, the uploaded courses can be set in addition to the financial increase. Exness offers the advantage of using a maximum leverage of 1:200 at brokerages. Even with your small capital, you can transfer higher numbers to the market. By a small deposit, we mean $ 200. It is much lower than other competing trading brokerages. It is acceptable at Exness Brokers. The positions here allow opening with very little capital as it can be 0.01 lots. Considering all the aspects, the broker offers based on each account.

Exness helps you trade in over 200 assets/markets considering all aspects. It offers multiple benefits including stocks, currencies, commodities, and cryptocurrencies. The shares are used in many favorable terms, including the American Stock Exchange and the German Stock Exchange. Spreads for these assets are always dependent on the ongoing market situation. We’re commenting on this based on our experience and some experimental surveys.

1. Choose the asset you want to trade
2. Generate a trading idea and market forecast
3. Choose the order type
4. Choose the investment volume
5. Set up a stop loss and take profit for risk management
6. Buy and sell the asset

Here a higher spread is formed based on variability. This trade is considered in a very general way in the stock market. If you calculate its average, you will see that the spreads have been 0.3 pip in forex which is much less than 1 point in the stock index. If you expect something better for the spread, you’ll need to use a RAW spread account. Here different offers apply for each client.

Exness is the average supplier of many things, including forex, stocks, CFDs. The terms and offers here are very cheap for traders and it is manageable. There is no hidden fee in Exness broker and it is not possible to discover any trap here.

How to open an account?

You can open an Access account in a very simple way. You can use a digital way to open Exness account. You can open this account by going through a few simple steps. You can easily open the account by following the video given by Exness. The broker only allows traders to open one trading account. To open an Exness account, you have to follow many rules to open the account. Below you can see these steps.

1. First, open the Exness online application form, then enter the applicant’s residence address, email, and password. Here you need to use an email and password that will be used to log in to Exness trader.
2. After filling in the information correctly, the applicant will be given a demo account immediately. Their 10,000$ deposit is automatically made.
3. The private area is accessed using the Options menu. Business customers can open a live account or an alternative account for their work.
4. Customers will be able to choose between merchant accounts when opening a different account. In this account, you can choose currency and leverage. The password is then selected to activate the account.

You need to complete your data to verify your main account and upload a document or photocopy of your personal identity card for life trading. You will also need to provide a business invoice where your address is guaranteed correctly. It takes less than a day to verify these. Once these are fillup, the account is running quickly. A demo account helps to understand the functions of your main account.

(Risk warning: Your capital can be at risk)

Free Exness demo account for practice trading

When you create an Exness account, a demo account is sent to the user:

This demo account will be especially helpful if you are new to the business. Demo accounts of experienced traders also play a very important role. Because the demo account is included in the portfolio of a good-quality broker. Those who are new to Exness can use this demo account for their investments. Later newcomers will be able to apply it differently. This is an account that helps virtual money mimic real money business. However, experienced and old traders will be able to develop new strategies. Users can use new resources to trade.

Exness advises each trader to use a demo account before investing money so that the user can apply its custom. It takes a lot of time to learn about the main trading platform so in the first instance $ 10,000 capital is shown in the demo account. Demo accounts allow the user to test the platform and provide space for it.

Account types:

There are different account types offered for traders. See the table below to compare them. We recommend depositing at least $200 for using the professional account.

Account:	Standard	Raw Spread	Zero	Pro
Minimum deposit:	$1	$200	$200	$200
Special:	Most popular, for low deposits	Lowest raw spreads	0 spreads for 95% of the trading day for 30 pays	Instant execution
Leverage up to:	1:2000	1:2000	1:2000	1:2000
Spreads from:	0.3 pips	0.0 pips	0.0 pips	0.1 pips
Commission:	No	Up to $ 3.5	Up to $ 3.5	No

(Risk warning: Your capital can be at risk)

What are the deposit and withdrawals options?

If you have a deposit with Exness, it will not be a problem for you to withdraw it. Because Exness Broker helps your trading accounts a little differently. For example, your account capital helps by providing various payment methods. You can withdraw your deposit by any process. Working in real-time when withdrawing your account’s deposit without any charge. You can transfer the deposited funds to the bank within 1 – 4 working days.  Live accounts must have a minimum deposit of $1 (standard) and the professional account needs $200.

Another advantage is that some electronic methods are working instantly. That means the financial department does not check the transfer and the service is automated.

Facts about the deposit and withdrawal with Exness: 

• The minimum deposit is $1
• No fees for deposits and withdrawals
• Instant withdrawals are possible
• Methods are credit/debit cards, Neteller, Perfect Money, WebMoney, Skrill, and bank wire

How to pay out the profit?

Profits are processed and paid within 1 – 3 days or instantly. For this, you have to go to the dashboard of the empty account. From there, you have to click on the “Payouts” option. It will be more expensive for you if you pay less than $ 100. You may have to pay a fee of around 10$ here.  Exness offers much lower returns for brokers on smaller accounts. Since Exness is a regulated investment firm and a licensed broker, the business guarantees fast payments to clients. Also, customer services are handled with sincerity. The company always pays for the needs of its customers. Even Exness carries overlap with all communities.

If the payment is made in an uncontrolled manner, it can be a fraud of the customer’s money with the help of brokers. Or a business may be delayed. But in the case of Exness, there is no chance of it happening. Because this company transfers money with utmost care.

(Risk warning: Your capital can be at risk)

Is there negative balance protection?

The need for additional funding creates much more panic. This is especially feared by any private trader. Funds can lead to a negative balance of payments during volatile trading times.  There is negative balance protection with Exness. So you can be sure that your account will not go into a negative balance in any way. This happens when the market situation is extreme. But Exness automatically warns you and closes your positions. Exness in terms of technology, there are many more alerts. It plays an effective role in giving maximum protection to the user. Maintaining safety ensures that any negative balance is maintained.

How does the broker make money from you?

Like most reputable brokers the broker makes a majority of this money with added spread or commission per trade, depending on your account type. Trusted Brokers like Exness will reinvest parts of this revenue and improve the safety, customer support, and trading tools of the platform.

Support and service for clients

Customers provided very good scores based on reviews of Exness. Since Exness is an international broker, there are more than 13 languages ​​available. The company supports phone, email, and live chat. It allows realization 24/7 times a week. Here the appropriate answer to the customer’s question is given in a few seconds.

Exness has built a strong reputation in Asia so the company has launched different customer centers. Some countries have also been included internationally. It can be a special benefit for brokers! Only a handful of brokers, regionally, can provide the service. Also, the Exness company has many more customer service centers. Excess’s service is directly linked to Capital so you can contact us in person for higher deposits.

Big support for trading brokers is that this website has a vast training center (Exness Academy). Here you will see many video tutorials. These video tutorials will help you learn new techniques. Also, here you will find daily market survey update information which you can see through the webinar in multiple languages. Since it consists of many languages, you can easily master them. The Exness service package is great and helpful for you. The broker provides everything traders need here.

• Videos
• Tutorial
• Academy
• Webinars
• Live analysis
• Coachings

Support:	Languages:	Phone:	Live Chat:	E-mail:
24/7	13+	0800 184 4304	Yes	[email protected]

Accepted countries and forbidden countries:

See below the countries accepted by Exness Markets:

Germany, Brazil, Austria, Argentina, China, Australia, Bahrain, Belarus, Bulgaria, Croatia, Cyprus, Denmark, Czech Republic, Estonia, Finland, France, Greece, Hungary, Italy, India, Indonesia, Ireland, Kuwait, Israel, Malta, Malaysia, Mexico, Norway, Monaco, Oman, Netherlands, Poland, Latvia, Saudi Arabia, Liechtenstein, Lithuania, Luxembourg, Portugal, Slovakia, Russia, Slovenia, South Africa, Sweden, Thailand, Switzerland, United Arab Emirates, Qatar, United Kingdom, Spain, Vietnam, and some more.

The countries mentioned above are only allowed to invest in Exness brokers. Since many countries have been added here, different languages ​​have also been applied. Traders from all countries included in the Exness broker will be able to invest with certainty.

Forbidden countries: 

United States of America

Special offers for clients:

The broker’s trading alert is called a new project. It is set up in such a way that you will receive timely alarms on your phone. The best results so far have been shown as part of a profit share of over 60%. You can come to the home page at any time and see the current and past accounts of your business. However, these trading warnings only apply to black account holders (VIP).

All agencies have been using these signals for many years. Employed also fund managers of experienced traders. The signals are directly sent to the customer’s mobile or computer through the app. So you can be aware of the offers on time through alerts. If a new offer is added, you’ll receive a warning alert on your device as soon as possible. Exness is always ready to give you maximum benefits.

(Risk warning: Your capital can be at risk)

What are the best Exness alternatives available?

Before we conclude the article, let’s take a look at the possible Exness alternatives. Each of them has some features and specialties which make them unique, but they are all highly trusted, safe, and regulated brokers.

Capital.com

If you are looking for a trusted, beginner-friendly trading platform with more than 3,000 assets to choose from, capital.com is definitely among the best options. The low minimum deposit of $20 is also a great advantage for trading beginners just starting out and looking to get a first glimpse at the trading universe. The availability of online classes, webinars, and their own educational app called Investmate is great for trading newbies and intermediate traders alike. Read the detailed test of our experience with capital.com here.

RoboForex

For intermediate to advanced traders, RoboForex is a highly interesting alternative mainly due to its large variety of more than 12,000 assets to trade and the industry-leading leverage of up to 1:2000. With RoboForex, you can not only trade less popular currencies and assets with very attractive spreads, you can also choose from five flexible and adjustable trading platforms. In our review, some of the broker’s highlights were a very fast execution of orders as well as the above-average civil liability insurance program.

XTB

Last but certainly not least on the list of potential alternatives to consider, XTB, as one of the world’s largest Forex brokers, can’t be ignored. This European broker was founded back in 2002 and is traded on the Polish stock market since 2016. Interestingly enough, the company gained 4% in value on the first day after doing so and currently has offices in 12 countries. The main advantages of the broker are they provide access to one of the best trading platforms currently available (Station 5) and they are very transparent with their fees and commissions.

Conclusion of the Exness review: Secure and trusted broker

Currently, Exness Trading Broker has gained popularity in the investment business. There are many brokers connected here experimentally. Also, a company at the top of the market. Exness provides an extensive list of assets and trading offers for traders. The company has been in the market for a long time, so customers can easily trust it. This company has proven from the beginning of the journey so far that it works very seriously on you. Exness has multiple regulation licenses, so the customer’s confidence in the company is much higher.

This company provides services within a certain set of rules. So the international trade market is still clearly standing. Market analysis, coaching, webinars, and business signals are available to traders. If you have a black account at Exness, the VIP terms will apply to you. Exness directly benefits traders. This review shows that small businesses all over the world can invest here. And to do this must look at other brokers in the designated area. Although the spread here is small, brokers will be able to overcome it by accepting their other offers.

Although the minimum amount to be paid here is only $1 to open a live account, customers below this will not be able to receive the service. If you are a trader, then Exness is a great and helpful trade for you.

Advantages of Exness:

• Multiple regulations
• Secure and safe broker
• Free demo account
• Only $1 minimum deposit
• Different account types
• Spreads from 0.0 pips
• MetaTrader 4 and 5
• Professional support and education
• Multi-language company

(Risk warning: Your capital can be at risk)

FAQ – The most asked questions about Exness :

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Last Updated on June 28, 2023 by Res Marty