Summary

Exness is a well-established forex and CFD broker founded in 2008, serving over 190 countries with more than $4 trillion in monthly trading volume. While the broker holds prestigious FCA and CySEC licenses, these entities don't provide retail trading services as of 2025, meaning most clients trade through offshore entities in Seychelles or Mauritius. The platform offers competitive trading conditions with 120+ forex pairs, 35+ cryptocurrencies, spreads from 0.1 pips, and no deposit/withdrawal fees. However, the lack of regular bonuses, limited stock selection, and prohibition in major markets like the US, UK, and EU are notable limitations. The broker best suits experienced forex traders who understand leverage risks and prioritize competitive spreads over regulatory protection.

  • Multiple regulatory licenses including FCA and CySEC
  • Extensive forex offering with 120+ pairs
  • Competitive spreads from 0.1 pips
  • No deposit or withdrawal fees
  • Negative balance protection for all
  • 24/7 multilingual support
  • Low minimum deposits (as low as $1 in some regions)
  • Multiple platform options
  • Fast execution speeds
  • 35+ cryptocurrency pairs available
  • FCA/CySEC licenses don't cover retail traders
  • Most clients served through offshore entities
  • Limited stock selection (93 instruments)
  • No regular bonuses or loyalty programs
  • High leverage risks (up to 1:2000)
  • Prohibited in major markets (US, UK, EU)
  • Phone support limited to weekdays
  • Educational resources less comprehensive than leaders
  • Overnight fees on some positions
  • Potential inactivity fees may apply

Overview

Established in 2008 and headquartered in Limassol, Cyprus, Exness has evolved into a significant player in the global forex and CFD trading landscape. With operations spanning over 190 countries and processing over $4 trillion in monthly trading volume, the broker has built a substantial market presence. However, a critical consideration for potential clients is that while Exness holds prestigious licenses from the FCA (UK) and CySEC (Cyprus), these entities no longer provide retail trading services as of 2025, meaning most retail traders are serviced through offshore entities in Seychelles and Mauritius.

Exness overview

 

For more detailed information about Exness's services, account types, trading conditions, and regulatory compliance, visit their official website at exness.com.

Overview Table

Category Information
Headquarters Limassol, Cyprus
Established 2008
Countries Served 190+
Monthly Volume Over $4 trillion
Regulated By FCA, CySEC, FSA, FSC, FSCA
Minimum Deposit As low as $1 (region-dependent)
Maximum Leverage Up to 1:2000
Total Instruments 200+
Platforms MT4, MT5, Exness Terminal, Mobile Apps
Customer Support 24/7 Chat/Email, Weekday Phone
Languages 18+

Facts List

  1. Founded in 2008 with 16+ years of market experience
  2. Processes over $4 trillion in monthly trading volume
  3. Serves hundreds of thousands of active clients globally
  4. Offers 120+ forex pairs and 35+ cryptocurrency pairs
  5. Provides negative balance protection for all clients
  6. No deposit or withdrawal fees charged by the broker
  7. Supports multiple base currencies for trading accounts
  8. 24/7 multilingual customer support available
  9. Competitive spreads starting from 0.1 pips
  10. Four primary account types to suit various trading styles

Exness Licenses and Regulatory

The regulatory landscape for Exness presents a nuanced picture that traders must carefully consider. While the broker maintains licenses from respected authorities, the practical application of these licenses varies significantly.

Regulatory Licenses

Authority Location License Number Retail Services Protection Level
FCA United Kingdom 730729 No High (but unavailable)
CySEC Cyprus 178/12 No High (but unavailable)
FSCA South Africa 51024 Yes Medium
FSC Mauritius C113012295 Yes Low-Medium
FSA Seychelles SD025 Yes Low

Screenshot of Exness's official website displaying their regulators like FSA and FSC

Trading Instruments

Exness provides access to a diverse range of financial instruments, enabling traders to build well-diversified portfolios across multiple asset classes.

Asset Class Number Popular Examples Min Spreads Leverage
Forex Pairs 120+ EUR/USD, GBP/USD, USD/JPY 0.1 pips Up to 1:2000
Cryptocurrencies 35+ BTC/USD, ETH/USD, XRP/USD Variable Up to 1:400
Stock Indices 10+ S&P 500, NASDAQ, FTSE 100 0.3 points Up to 1:200
Commodities 18 Gold, Silver, Oil, Gas 0.3 points Up to 1:200
Individual Stocks 93 Apple, Amazon, Google Variable Up to 1:20

Trading Platforms

Exness offers multiple trading platforms to accommodate different trading styles and technical requirements.

Trading Methods:

  • MetaTrader 4 (Desktop/Mobile)
  • MetaTrader 5 (Desktop/Mobile)
  • Exness Terminal (Web-based)
  • Exness Trader Mobile App (iOS/Android)
  • API Trading for institutional clients

Platform Comparison

Feature MT4 MT5 Exness Terminal Mobile App
Charting Tools Advanced Advanced Basic Basic
Technical Indicators 30+ 38+ 15+ 20+
Expert Advisors Yes Yes No No
Web Access No No Yes N/A
One-Click Trading Yes Yes Yes Yes
Custom Indicators Yes Yes No No
Market Depth No Yes No No
Hedging Allowed Yes Yes Yes Yes

Exness How to Open an Account: A Step-by-Step Guide

Opening an account with Exness follows a streamlined digital process designed for quick onboarding.

Step-by-Step Process
  1. Visit exness.com and click "Sign Up"
  2. Complete registration with email and phone
  3. Verify email through confirmation link
  4. Select preferred account type
  5. Submit KYC documents (ID and proof of address)
  6. Wait for verification (usually within 24 hours)
  7. Fund account using preferred payment method
  8. Download trading platform
  9. Begin trading

Charts and Analysis

Educational resources at Exness provide traders with tools for market analysis and skill development.

Resource Type Availability Quality Languages
Economic Calendar Yes Good Multiple
Market Analysis Daily Updates Professional 18+
Webinars Weekly Intermediate English, Spanish, Arabic
Video Tutorials 50+ Videos Basic-Advanced Multiple
Trading Guides Extensive Library Comprehensive 18+
Demo Account Unlimited Full Features All

Exness Account Types

Exness offers four primary account types, with the Standard Cent account being regionally available, each tailored to different trading needs and experience levels.

Account Comparison

Feature Standard Standard Cent* Pro Zero Raw Spread
Min Deposit $1-$10** $1-$10** $500 $500 $500
Spreads From 0.3 pips 0.3 pips 0.1 pips 0 pips 0 pips
Commission None None None $0.05 /lot $3.5 /lot
Max Leverage 1:2000 1:2000 1:2000 1:2000 1:2000
Min Lot Size 0.01 0.0001 0.01 0.01 0.01
Execution Instant/Market Instant Instant/Market Market Market

*Regionally available **Varies by region and payment method

Negative Balance Protection

Exness provides negative balance protection to all clients regardless of account type or jurisdiction. This policy ensures traders cannot lose more than their deposited funds, with the broker absorbing any negative balance and resetting accounts to zero. However, this protection applies only to trading losses and doesn't cover account fees or instances of market abuse.

Exness Deposits and Withdrawals

Exness offers multiple payment methods with no fees charged by the broker for deposits or withdrawals.

Payment Methods
Method Deposit Time Withdrawal Time Min Amount Fees
Bank Wire 3-5 days 3-7 days $50 None*
Credit/Debit Instant 1-3 days $10 None
Skrill Instant Up to 24 hours $10 None
Neteller Instant Up to 24 hours $10 None
Cryptocurrency Instant Up to 24 hours Varies None
Perfect Money Instant Up to 24 hours $10 None

Support Service for Customer

Support services are available through multiple channels with varying response times.

Support Comparison

Channel Availability Languages Response Time Quality
Live Chat 24/7 18+ <5 minutes Excellent
Email 24/7 18+ <24 hours Good
Phone Weekdays only 10+ <5 minutes Good
Social Media Variable English mainly Variable Fair
Exness contact us

Prohibited Countries

Exness is not allowed to provide its services to residents of the following regions:

  • Europe
  • United Kingdom
  • United States
  • Canada
  • Japan
  • Australia
  • Russian Federation
  • North Korea
  • Iran
  • Syria
  • Sudan
  • Cuba
  • Region of Crimea
  • Sevastopol
  • Afghanistan

Special Offers for Customers

Unlike many competitors, Exness generally does NOT offer regular deposit bonuses or ongoing loyalty programs. The broker may occasionally run limited promotional campaigns or rebate programs, but these are not consistent features of their service offering.

Offer Type Availability Requirements Benefits
Welcome Bonus Not offered N/A N/A
Loyalty Program Not regular N/A N/A
Rebates Occasional Varies Variable
VPS Hosting Available $5,000 balance + 5 lots/month Free VPS

Conclusion

After comprehensive analysis, Exness presents a complex picture for potential traders. While the broker boasts impressive credentials including 16 years of operation and over $4 trillion in monthly volume, the reality of their regulatory coverage requires careful consideration. The fact that their prestigious FCA and CySEC licenses don't extend to retail traders means most clients trade through offshore entities with different protection levels.

For traders in permitted jurisdictions who prioritize competitive spreads, diverse forex offerings, and low minimum deposits, Exness offers compelling value. The absence of deposit/withdrawal fees and provision of negative balance protection demonstrate client-focused policies. However, the lack of regular promotional offers and limited educational resources compared to industry leaders may disappoint some traders.

The broker appears most suitable for experienced forex traders who understand leverage risks and don't require extensive educational support. Those seeking the security of top-tier regulatory protection or comprehensive stock trading options should explore alternatives. Ultimately, while Exness operates legitimately with substantial market presence, traders must weigh the offshore entity reality against the competitive trading conditions offered.

Exness FAQs

Is Exness regulated and safe to trade with?

Exness holds multiple regulatory licenses including FCA and CySEC, but these don't cover retail traders. Most clients trade through Seychelles or Mauritius entities, offering basic regulatory oversight but less protection than top-tier jurisdictions.

What is the minimum deposit at Exness?

Minimum deposits vary by region and account type, starting as low as $1 in some areas. Standard accounts typically require $10, while professional accounts (Pro, Zero, Raw Spread) require $200-500.

Does Exness offer bonuses or promotions?

No, Exness generally doesn't offer regular deposit bonuses or loyalty programs. They may occasionally run limited promotional campaigns or rebate programs, but these aren't consistent features.

Can US or UK residents trade with Exness?

No, Exness cannot provide services to residents of the United States, United Kingdom, European Union, Canada, Australia, and several other major jurisdictions due to regulatory restrictions.

What trading platforms does Exness offer?

Exness provides MetaTrader 4, MetaTrader 5, a proprietary web-based Exness Terminal, and mobile trading apps for iOS and Android devices, catering to different trading preferences and technical requirements.

About the Author

Arash Doostelahi

Arash Doostelahi

Arash Doostelahi is a dynamic content writer and online course creator based in Tehran, Iran, with expertise in content strategy, instructional design, and digital storytelling. Leveraging a blend of creativity and technical skills, Arash delivers...