Exness Broker Review
The Exness Group is a forex broker that was founded in 2008 with its headquarters in Cyprus, and in 13 years has earned a well-marked reputation and continues to gain the trust of its clients. With a constant focus on its traders, Exness strives to offer the best trading conditions and help them to achieve financial success and improve their professional level.
Over the past few years, Exness has been recognized as an industry leader and has grown at an impressive pace. By December 2019, their clients' monthly trading volume reached $ 325.8 billion and the number of their active traders worldwide exceeded 72,721. The Exness Group currently offers a wide range of financial instruments including currency pairs, metals, cryptocurrencies, energies, indices and stocks.
Following international standards, Exness broker has created a perfectly functional business system for its traders: from withdrawal and professional customer service to a variety of payment systems and languages.
Exness activities in the forex market are transparent, financial statements are publicly available. Anyone can consult the documents to make sure of the brand honesty.
A few figures about Exness that may be of interest to traders when choosing a broker:
- the monthly trade turnover is over $ 325 billion;
- more than 72,000 active clients in 131 countries of the world;
- over 10 years of experience in the EU market.
The Exness broker also offers a wide range of educational materials such as articles and videos, webinars, as well as live market analysis, economic calendar, WebTV and trading calculators.
Exness has licensed brokers in the UK, Cyprus and Seychelles. In October 2019, Exness announced that it was closing its UK / EU retail business and would no longer accept clients from those regions. Most of Exness’s retail business is now concentrated in Asia.
Exness Account Types
Exness offers 5 account types – Standard, Standard Cent, Pro, Zero, and Raw Spread. The first two are recommended for the beginners studying the Forex market, here a minimum deposit is only $1. The Pro, Zero and Raw Spread alternatives are for professional traders with an acceptable minimum deposit starting from $200.
Exness swap-free account
For Muslim traders Admiral Brokers Broker has an option to open a swap-free Islamic Account. This type of account allows trading without paying any fees on overnight positions, and this way not to break Muslim laws. A swap-free option is available for Trade.MT5 Account under the same conditions as a standard Admiral Markets Account.
Regional blocking and region free
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Exness Registration process
Exness Demo account
Forex trading can be risky, especially for novice traders, that’s why Exness offers to its clients a possibility to build up a trading experience and to try different business strategies with no risks and losses, using a Demo Account. It is free, but the functions are the same as in a real account, the only difference is that a Demo account uses virtual money. A client can create several Exness demo accounts to try all types of real Exness accounts, except a Standard Cent account, and also try all the trading platforms that Exness works with.
Exness Deposit & Withdrawal Options
Exness has 7 ways to deposit and withdraw money. The most popular among them are mentioned below.
The process of depositing or withdrawing funds with Exness is instantaneous, allowing traders to quickly move money between accounts and an e-wallet. The broker does not have any commission charges for these operations. Internal transfers between accounts are also instant, giving clients full control over all their funds 24/7. Exness clients have no complaints about the withdrawal period, money is quickly transferred to a bank account or e-wallet. Traders usually wait no more than 1-2 hours, even on weekends or holidays.
Exness Trading Platforms
Frequently asked Questions
Financial Services Authority (FSA). Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. View more information (here)
Financial Sector Conduct Authority (FSCA). Vlerizo (Pty) Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with FSP number 51024. View more information (here)
Cyprus Securities and Exchange Commission (CySEC)/ Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. View more information (here)
Choose your Partnership Scheme
Exness offers 2 partnership schemes to suit your individual preferences.
Apply for a partner right now and start earning even moreBecome an Exness Partner