Exness Review

$1MIN. DEPOSIT
Up to 2000:1
Up to 50 %
NO DEP. BONUS
0 Users (0 votes)
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Exness
Up to 50 %
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Overview

Company Information 2008 saw the inception of Exness Group. Armed with a profound understanding of the investors’ needs, Exness is always striving to offer the finest trading conditions on the… more

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Details

BrokerExness
Website URLhttps://www.exness.com/
Founded2008
HeadquartersSt. Vincent and the Grenadines; Cyprus
Support Number+357 25 030 959
Support Emailsupport@exness.com
Support TypesPhone, Live Chat, E-mail, Call Back
LanguagesEnglish, Chinese, Russian, Thai, Malay, Indonesian, Arabic, Farsi, Hindu, Urdu, Tamil, Bengali, Vietnamese, Spanish, Korean, German, French, Italian, Portuguese, Arabic
Minimum 1st Deposit$1
Minimum Trade Amount0.01 cent lot
Maximum Trade Amount1 cent lot
BonusUp to 50 %
PayoutUp to 2000:1
Free Demo AccountYes
Regulated Yes
RegulationCySEC
Account TypesMini, Noble Classic, ECN
Deposit MethodsWire Transfer, Visa, MasterCard, Neteller, Internal Transfer
Withdrawal MethodsWire Transfer, Visa, MasterCard, Neteller, Internal Transfer
Types of AssetsForex, Metals,
Account Currency80 currency account options
ECN Broker Yes
Scalping Allowed No
Managed No
Lowspread No
Forex Demo Contests Yes
Forex Live Contests No
US Traders Allowed No

Full Review

Company Information

2008 saw the inception of Exness Group. Armed with a profound understanding of the investors’ needs, Exness is always striving to offer the finest trading conditions on the Forex market so that their respected customers from across the globe can devote their precious time to unveiling their huge professional potential and reaping the desired success.

Winner of countless awards and recognitions, Exness punches above the usual Forex weight by providing reliability, convenient service, and quality. In addition, it is equipped with professional trading conditions, including tight spreads, vast array of instruments, no deposit or withdrawal commissions, as well as high-quality execution of orders – all founding pillars of the top trading strategies.

Exness brags about with over 120 currency pairs, more than 35 ways of depositing and withdrawing, a wide array of trading platforms, and the latest financial news provided by Dow Jones.

CySEC is charged with regulating and authorising Exness and its group of companies. The Forex enterprise is also fully compliant with MiFID and is a proud member of the Investor Compensation Fund.

 

Trading Information

A good array of three (3) accounts for trading is accessible at Exness. Besides, there is a trial account for further practice.

With a Mini account, which requires no deposit whatsoever, the maximum leverage is a whopping 2,000:1; the spread is as low as 0.3 pips; and as regards trading volume, there is no commission.

The Classic account at Exness necessitates a minimum deposit sum of $2,000. In addition, its spread is set to 0.1 pips, the leverage is again a mind-bending 2,000:1, while the trading volume still does not require any commission.

Exness’ ECN account needs a $300 minimum deposit. The leverage for this trading account is up to 200:1, the commission on $1 million volume is set to $25, and the spread commences at 0.0 pips.

For all accounts, there isn’t a max number of positions neither there is a max cumulative volume of positions. For the Mini and the ECN account, the minimum position volume is set to 0.01 lots (1K) while for the Classic account, that amount is 0.1 lots (10K).

The Margin Call/Stop Out levels for the Mini, Classic, and ECN accounts are 60%/0%, 30%/0%, and 100%/50% respectively.

 

Trading Platforms

At Exness, investors have at their disposal the MetaTrader 4 (MT4), the MT4 Web Terminal, MetaTrader 5 (MT5), as well as mobile platforms.

These platforms are supplied with a host of features. First of all, there is the customisable interface, which permits you to specify the preferences you would like for a convenient trading. Secondly, the technical analysis provides for amazing opportunities, such as predicting the dynamics of the Forex market and enhancing the trading strategies by utilising these analytical tools. Thirdly, the platforms provide an arena where automated trading operations rule by letting traders construct their own expert advisor (EA) which will immerse into trading autonomously using a predefined algorithm.

At customers’ disposal are also an economic calendar (with financial news), analytical service (Trading Central provides gratis technical analysis), high-grade VPS hosting (allowing for high-speed data exchange), history of quotes (which can be downloaded and then loaded into MetaTrader Terminal to testify strategies), and the handy option to monitor accounts.

With Exness’ mobile platforms it is not only possible to use the same functionalities that the MetaTrader terminals possess but also execute trades on the go.

 

Security and Customer Services

In an effort to guard invested funds, when choosing a long-term relation with a company, professional trading experts should not only take into account the trading conditions of that business but also, crucially, ensure that the operations of the said company abide by the legal requirements of the relevant country as well as comply with the financial standards that are internationally recognised.

In this regard, Exness is not only sternly regulated and authorised by CySEC, thus going along with EU stipulations, but it is also a member of the Investor Compensation Fund. The latter organisation aids in shielding and securing the claims of covered customers and, in cases where the Fund member is not capable of meeting its financial obligations, provides them with a compensation.

In addition to those two, Exness has EEA registrations with the regulatory bodies of Italy, Sweden, Germany, Poland, the Netherlands, and Spain. Another thing that delivers a good sleep for all investor clients of the company is the fact that it keeps their cash in segregated accounts in internationally reputable banks.

Exness’ professional customer support is distributed through a telephone line, an e-mail, and a live chat – and is provided in English, Chinese, Malay, Indonesian, Russian, Thai, Arabic, Farsi, Hindi, Urdu, Spanish, Tamil, Korean, Bengali, and Vietnamese. There is the handy “Request Callback” option.

 

Deposits and Withdrawals

Wire Transfers, Internal Transfer, NETELLER, MasterCard and VISA are the methods for executing withdrawals and deposits at Exness. Making deposits and withdrawals is possible 24 hours a day, 7 days a week. If a withdrawal or a deposit has not been carried out instantaneously, it will be finalised within 24 hours. Internal transfers that are between accounts of the same type are also completed instantaneously. Bear in mind that Exness keeps the right to alter the withdrawal/deposit processing time without any client notification beforehand. No direct payments nor payments to third parties are accepted.

At Exness, there are no commissions neither for deposits nor for withdrawals. Credit Card and NETELLER deposits are instant while Wire Transfers require from 3 to 5 business days. Withdrawals are instantaneous through Internal Transfers and NETELLER while for Wire Transfers and Credit Cards, they necessitate between 3 and 5 working days.

A prerequisite for initiating any payments at Exness is the submission of an ID and an address proof.

At Exness, there are more than 50 supported currencies, which include the most popular plus as diverse as Colombian peso, Ugandan shilling, Kazakh tenge, etc.

 

Deposit Bonus and Loyalty Programmes

At the time of this review, unfortunately, Exness was not offering any bonuses. Another a bit disappointing fact at Exness is that it does not provide any welcome bonuses.

 

 

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