Exness Review

exness review

Welcome to Our Best Forex Broker Review Website. Today we are doing Exness Review. In this review, we will discuss what is it, trading accounts, trading platforms, deposit and withdrawal methods, supported countries, customer support, educational features, pros/cons, and conclusion on this broker. So if you are planning to get your hands on this broker then keep reading this review to an end.

Let’s get started!

What is Exness?

Exness is a broker that was established in 2008 and has since grown in popularity, with over 60,000 active client accounts from all over the world. It draws traders not only because of the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) supervision and licensing, but also because it provides a range of versatile account forms and financial instruments to fit different strategies.

The broker continues to set new records, winning market share from other top brokers thanks to impressive sponsorships with Real Madrid FC and the World Wrestling Federation Russia. Traders who sign up will be welcomed into a safe and efficient trading environment that supports both the MT4 and MT5 networks, is available in 13 languages, and provides attractive trading opportunities such as low spreads and ECN accounts.

Let’s dive into the details of Exness Review!

Exness: Trading Platforms

In this section of Exness Review, we will discuss the trading platforms offered by this broker. The Exness provides support for two MetaTrader platforms: MT4 and MT5. MetaQuotes Software Company is the creator of these sites. MetaTrader is the biggest trading site for technical traders in the world. The Exness official website has MT4 available for free, and installation takes just two minutes.

Key Features of the MetaTrader 4 Platform

  • Instant market execution forms
  • 30 built-in indicators
  • MQL4 Autotrading
  • Real-time price indicators
  • Compliant with iOS, Android, Linux, Windows, and Mac

Key Features of the MetaTrader 5 Platform

  • There are 38 built-in indicators as well as 22 analytical tools.
  • A built-in economic calendar and news events have access to fundamental analysis.
  • You’ll have access to 21 different time frames.
  • Use MQL5 to create automated systems.

Mobile Trading Platforms

Mobile trading software for Android and iOS systems is now available for the MetaTrader 4 and 5 platforms. These applications are available for free from the broker’s website, as well as the Google Play and Apple AppStore. Users can access several features from the app, including quotations, maps, an economic calendar, news, and more.

Exness: Trading Accounts

This section of Exness Review will cover all the trading accounts offered by this broker to its users. Two major accounts are Standard Accounts and Professional Accounts.

 Standard Accounts

The Standard account is said to be one of the most common options, and it’s especially good for newcomers to the cryptocurrency sector.

  • The minimum deposit is 1 USD
  • Leverage up to 1:2000
  • No trading commission
  • Spread starts from 0.3
  • The minimum lot size is 0.01
  • 7:00 – 20:59 GMT+0: 200 lots
  • 21:00 – 6:59 GMT+0: 20 lots
  • The maximum number of positions.
  • The hedged margin is 0%
  • Margin Call is 60%
  • Stop Out technology
  • Order execution: Market
  • Swap-free for Muslim countries

 Professional Accounts

The Professional account is for traders with a lot of experience. Under the Professional Account alternative, there are three sub accounts that we will go through in detail:

Raw Spread Account

  • The minimum deposit is 500 USD
  • Leverage up to 1:2000
  • Commission per lot to 3.5 USD
  • Spread starts from 0.0
  • The minimum lot size is 0.01
  • Maximum lot size is 7:00 – 20:59 GMT+0: 200 lots | 21:00 – 6:59 GMT+0: 20 lots
  • Maximum number of positions
  • The hedged margin is 0%
  • Margin Call is 30%
  • Stop Out
  • Swap-free for Muslim countries

Zero Account

You will Get 0 spreads for 95% of the trading day on 30 pairs.

  • The minimum deposit is 500 USD
  • Leverage up to 1:2000
  • The commission per lot/ side is from 3.5 USD
  • Spread starts from 0.0
  • The minimum lot size is 0.01
  • Maximum lot size is 7:00 – 20:59 GMT+0: 200 lots| 21:00 – 6:59 GMT+0: 20 lots
  • Maximum number of positions
  • The hedged margin is 0%
  • Margin Call is 30%
  • Stop Out
  • Swap-free for Muslim countries

Pro Account

 Instant execution account with excellent fill and trading commission.

  • The minimum deposit is 500 USD
  • Leverage up to 1:2000
  • No trading commission
  • Spread starts from 0.1
  • The minimum lot size is 0.01
  • Maximum lot size is 7:00 – 20:59 GMT+0: 200 lots | 21:00 – 6:59 GMT+0: 20 lots
  • Maximum number of positions
  • The hedged margin is 0%
  • Margin Call is 30%
  • Stop Out
  • Swap-free for Muslim countries

Demo account

Exness provides traders with the convenience of using a trial account, which is one of its most appealing features. The demo account is intended for new or novice traders who want to familiarize themselves with the platform and acquire some experience before beginning live trading.

Exness: Assets and Markets

In this part of Exness Review, we will highlight the assets and markets offered by this broker for trading. Exness has one of the most robust Forex trading coverages available today, with 107 currency pairs available. Pure Forex traders will be satisfied with the selection, which includes seven cryptocurrencies and twelve commodities. 40 stock and index CFDs have cross-asset diversification. Exness, as a Forex broker, offers a market-leading asset range, while stock traders would be dissatisfied by the limited options.

Exness: Deposit and Withdrawal Methods

This part of the Exness Review will reveal the deposit and withdrawal methods provided by this broker.  Deposits and withdrawals are also free of charge. Here are a few of the payment systems that Exness accepts:

Credit/Debit Cards

Traders may deposit funds into their preferred account using VISA or Master credit or debit cards.  The minimum deposit using the card is $3.

E-Wallets

Transfers can be made using a variety of e-wallets, including Neteller, Skrill, and Perfect Money, among others. The minimum deposit sum for E-Wallets varies based on the form of E-Wallet chosen by traders.

Bank Transfers

Bank Transfers are also accepted; however, a minimum deposit of $50 for Bank Transfers.

Exness: Accepted Countries

In this part of Exness Review, we will provide you the names of the countries that have access to Exness. Exness provides accounts of traders all around the world, except US citizens. It has offices in both Cyprus and the United Kingdom, and its website is used by over 145,000 daily traders. The platform’s popularity started to spread among the online trading population in 2010, increasing user numbers.

Exness: Customer Support

This section of Exness Review will highlight the customer support services provided by this broker to its customers. Exness has excellent customer service. It’s organized around the “Help Centre” part of the website, and it starts with a list of often asked questions. They’re there to help traders get answers to their questions before calling the Exness customer service team, saving both the trader and the broker time.

If the trader’s query is still unanswered, they can contact the broker through a variety of channels. A convenient live chatbox can be found on many pages on the web and can be accessed in a matter of seconds. If necessary, there is an opportunity to leave reviews.

A collection of phone numbers, the majority of which tend to be located in the United Kingdom, are also available on the Exness website.

Exness’s localization support is an essential aspect of its consumer service. A tiny dropdown menu in the upper right-hand corner allows traders to swap between languages. The platform offers assistance in 11 languages 24 hours a day, seven days a week, and 24 hours a day, seven days a week in English and Chinese. Server service is available in 13 different languages.

Exness: Education

In this part of Exness Review, we will discuss the educational features provided by this broker. Exness provides traders with a range of analysis and educational resources through its website and smartphone app, which includes an economic calendar and a trader’s calendar. Both traders on Exness have access to a trader’s calculator, perspective and appraisal app, trader education, and trader experience software.

Exness: Pros and Cons

This portion of Exness Review will summarize all the pros and cons of this broker.

Pros

  • Customer funds are held separately.
  • CySEC and the FCA are in charge of regulation.
  • The ability to access a digital account easily.
  • Demo Account for practice.

Cons

  • Instrument range is limited as opposed to rivals.
  • No USA Clients

Conclusion Exness Review

Finally, we reach the end of this Exness Review. The Exness Company, was established in 2008 and is regulated and licensed by CySEC and the UK Financial Conduct Authority. On their websites, the company claims to have over 80,000 active traders. We would conclude that the Exness Group is reliable and a good resource for any trader involved in joining the financial market based on our analysis and numerous customer testimonials we’ve seen online.

The Exness Group provides new and seasoned traders with access to a wide variety of asset groups, including Forex and CFDs on Crypto, Metals, Energies, Stocks, and Indices, across five primary trading accounts. A trial account is also open to new traders to help them get a feel for the site.

While this platform seems to be trustworthy, we recommend that every new trader perform detailed research on the platform before engaging in live trading. The stock market is unpredictable, and new traders can be confused by its complexity. They will begin live trading until they have obtained enough information to make an educated decision.

So if you are interested to start trading using this broker then don’t forget to give it a try in Demo Account to see it goes for you!

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