Exness

Exness Review: Is Exness Broker Good?

Exness is a forex broker that is popular with traders around the world. It has more than 700,000 user accounts. In 2023, there were more than 1.9 billion orders, with a monthly trading value of more than 4 trillion dollars. It has a reputation for transparency and safety, high reliability, and is registered with leading financial organizations from around the world, including CySEC, FCA, FSA, CBCS, BVI FSC.

Company History

Exness is a forex trading broker founded in 2008 and has become a leading online trading platform provider trusted by traders worldwide. Headquartered in Cyprus, Exness' mission is to provide efficient, audited, reliable and transparent forex trading platforms to build trust among traders.

Products and services from Exness broker

For those who reviewed the Exness broker, they all said in unison that it is a broker with a wide variety of assets to choose from for trading. It is not just about trading foreign currency pairs, but you can also trade other assets such as stocks, indices, digital assets/crypto, commodities (gold, energy).

Popular major currency pairs with a large number of traders, high liquidity, and can be traded without swap fees include AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. You can also trade minor currency pairs without Exness charging overnight fees.

Licenses that Exness Broker has received 

If you ask whether Exness is good or not, you must start by considering the license factor first. Exness has been reviewed as one of the brokers that are licensed and regulated by reliable financial authorities from many countries around the world, as follows:

• E​xness SC Ltd is a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorised by the Financial Services Authority (FSA) with licence number SD025. The registered office of E​xness (SC) Ltd is at 9A CT House, 2nd floor, Providence, Mahe Island, Seychelles.

• Exness B.V. is a broker-dealer registered in Curacao with registration number 148698(0) and authorized by the Central Bank of Curacao and Sint Maarten (CBCS) with license number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curacao.

• Exness (VG) Ltd is authorised by the Financial Services Commission (FSC) in the British Virgin Islands with registration number 2032226 and investment business license number SIBA/L/20/1133. The registered office of Exness (VG) Ltd is at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, British Virgin Islands.

The above entities are duly authorized to operate under the Exness brand and trademark.

Exness Broker Account Types

Before deciding whether to trade Forex with Exness broker, it is recommended to check the account types to see if they can support your needs or trading style. There are 7 accounts in total as follows:

• Standard Account The most popular account for regular traders. Minimum deposit depends on the payment system. Spreads start at 0.2 pips. You can trade Forex, Gold, Cryptocurrency, Energies, Stocks and Indices.

• Standard Cent account is suitable for beginner traders. Minimum deposit depends on the payment system. Spread starts from 0.3 pips. Can trade both Forex and Gold.

• Pro account is suitable for professional traders. Minimum deposit is $1,000. Spreads start at 0.1 pips. You can trade Forex, Gold, Cryptocurrency, Energies, Stocks and Indices.

• Zero Account Market Execution No requotes Minimum deposit $1000 Spreads start at 0.05 pips Can trade Forex, Gold, Cryptocurrency, Energies, Stocks and Indices 

• The Raw Spread account has the lowest spreads, market price orders, a minimum deposit of $1,000, spreads starting at 0 pips, and the ability to trade Forex, Gold, Cryptocurrency, Energies, Stocks, and Indices.

• Social Standard Account Social Trading Account Execute orders at market prices Minimum deposit is $500 Spreads start at 1 pip Can trade Forex, Gold and Cryptocurrency  

• Social Pro Account Social Trading Account with Instant Execution. Minimum deposit is $2,000. Spreads start at 0.6 pips. Can trade Forex, Gold and Cryptocurrency.

Exness trading platforms and tools

One of the reasons why Forex brokers like Exness have such high reviews is because they offer a variety of trading platforms that are easy to use and can be traded on smartphones, tablets, and computers, helping to increase trading efficiency quickly and efficiently, no matter where you are in the world. You can trade on the following platforms:

• MetaTrader 5: The world's most popular trading platform with powerful fundamental and technical analysis tools. Available on smartphones, tablets, computers running Windows, OS and Linux.

• MetaTrader 4: A full-featured trading platform that offers flexible trading, important financial news updates, and the ability to buy up to 128 accounts and 10 demo accounts.

• Exness Trading App: Available for both Apple and Android, it features price alerts, advanced charting, calculations and analytics, as well as an economic calendar and news from FXStreet.

• Exness Terminal: One Click Asset Trading, Easier Account Management

• MetaTrader WebTerminal: Trade Forex easily without installing any additional programs or apps.

Disadvantages of Exness

• Few promotions

• Sometimes the server is not stable.

Office location and contact channels

• Head office location: Office 401 Siafi Street 1, Porto Bello, Limassol.

• Contact channels:

  • Phone number: 1-800-012-303, +6620260348

  • Email: support@exness.com 

  • Facebook:https://www.facebook.com/exnessasianofficial

Exness Broker Overview Summary

The strengths of Exness broker that have been praised by user reviews worldwide are transparency and high reliability. In addition, there are many trading accounts to choose from, easy to trade, and low spreads. Focus on creating a good experience in forex trading rather than motivating with promotions.

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Exness ReviewsCompare spreads, fees, trading platforms, deposit and withdrawal conditions, and more, with real user reviews to help you decide on the broker that suits your needs.