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Exness Review

FX Scouts By Jeffrey Cammack Updated: May 27, 2020
Overall Rating
4.32 / 5
Min. DepositUSD 1
Max. LeverageUnlimited
Min. Spread0.1 pips
Regulators CySEC,FCA,FSC
Regulator Origin CySEC FCA FSC
Trading Desk Type

Summary

NOTE:  Currently, Exness does not accept traders from New Zealand and Australia.  As a replacement we recommend Pepperstone as a strong ASIC regulated broker, or eToro as the leading social trading broker in Australia.

Founded in 2008, Exness is a well-regulated broker with tight spreads and unlimited leverage on its MT4 Pro Accounts.  With both market and instant execution methods and full support for both MT4 and MT5, there is little to find fault with here - including its well-publicised sponsorship of Real Madrid.

Exceptionally, customer service is available 24/7 in English and Chinese and most traders will find something to like from the wide range of account types.

Reviews

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
Beginner Friendly Standard
Bonuses
Our Review Process

Trading Conditions

Minimum DepositUSD 1
Base currenciesUSD, EUR, GBP, AUD
Number of FX Pairs120
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD0.5
GBP / USD0.5
USD / JPY0.5

Company Details

Company nameExness (UK) Ltd
Founded2008
Website www.exness.com
Type Market Maker
Regulators CySEC,FCA,FSC
Office locations Cyprus

Deposit & Withdrawal Methods

Supported Platforms for Exness

Most retail CFD accounts lose money. Your capital is at risk.

Compare CFD Brokers

Overall Rating 4.32 / 5 4.58 / 5 3.94 / 5
Minimum DepositUSD 1USD 5GBP 100
Regulation
CySEC CySEC
FCA FCA
FSC FSC
CySEC CySEC
FCA FCA
IFSC IFSC
FCA FCA
Trading Desk Type
Trading InstrumentsCryptocurrencies, Forex, MetalsCommodities, Forex, Indicies, MetalsCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFs
Forex Pairs1204968
Crypto Pairs316
Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • 24/7 customer service
  • Well regulated
  • Tight spreads
  • Low minimum deposit
  • Good for beginners
  • Tight spreads
  • Fast and free withdrawals
  • Wide range of assets
Cons
  • Limited education
  • Limited market analysis
  • Unavailable in Europe
  • Limited platform choice
  • Limited platform choice
  • Limited education
  • No swap-free account option
Read Full Review Read Full Review
Trust Rating 5 / 5 5 / 5 4 / 5
Trading Conditions 5 / 5 4.5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 4.5 / 5 4 / 5
Deposit & Withdrawal 4.5 / 5 5 / 5 4.5 / 5
Education & Research 1.5 / 5 4.5 / 5 2 / 5
Assets Available 4 / 5 4.5 / 5 4.5 / 5
Customer Service 4.5 / 5 4 / 5 3.5 / 5
% Lose with this broker 52% of retail investor accounts lose money when trading CFDs with this provider 79% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider
LeverageUnlimited500:130:1
Spread0.1 pips0.1 pips0.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Zero (Standard)
  • Standard (Mini)
  • Pro Account (Vip)
Islamic Account Yes Yes No
Trading Platforms MT4, MT5 MT4, xStation5 MT4
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal Bank Transfer, Visa, Mastercard
Trading Commission Fees Included in Spread 7 USD / lot - Pro Account 1 USD / lot - Black Account
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Exness

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Capital Index

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Overall Rating 4.32 / 5 4.58 / 5 3.94 / 5
Minimum DepositUSD 1USD 5GBP 100
Regulation
CySEC CySEC
FCA FCA
FSC FSC
CySEC CySEC
FCA FCA
IFSC IFSC
FCA FCA
Trading Desk Type
Trading InstrumentsCryptocurrencies, Forex, MetalsCommodities, Forex, Indicies, MetalsCommodities, Cryptocurrencies, Forex, Indicies, Equities, ETFs
Forex Pairs1204968
Crypto Pairs316
Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • 24/7 customer service
  • Well regulated
  • Tight spreads
  • Low minimum deposit
  • Good for beginners
  • Tight spreads
  • Fast and free withdrawals
  • Wide range of assets
Cons
  • Limited education
  • Limited market analysis
  • Unavailable in Europe
  • Limited platform choice
  • Limited platform choice
  • Limited education
  • No swap-free account option
Read Full Review Read Full Review
Trust Rating 5 / 5 5 / 5 4 / 5
Trading Conditions 5 / 5 4.5 / 5 4.5 / 5
Trading Platforms 4.5 / 5 4.5 / 5 4 / 5
Deposit & Withdrawal 4.5 / 5 5 / 5 4.5 / 5
Education & Research 1.5 / 5 4.5 / 5 2 / 5
Assets Available 4 / 5 4.5 / 5 4.5 / 5
Customer Service 4.5 / 5 4 / 5 3.5 / 5
% Lose with this broker 52% of retail investor accounts lose money when trading CFDs with this provider 79% of retail investor accounts lose money when trading CFDs with this provider 71% of retail investor accounts lose money when trading CFDs with this provider
LeverageUnlimited500:130:1
Spread0.1 pips0.1 pips0.0 pips
Hedging Yes Yes Yes
Scalping Yes Yes No
Account Types
  • Zero (Standard)
  • Standard (Mini)
  • Pro Account (Vip)
Islamic Account Yes Yes No
Trading Platforms MT4, MT5 MT4, xStation5 MT4
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller Bank Transfer, Visa, Mastercard, Skrill, Neteller, Paypal Bank Transfer, Visa, Mastercard
Trading Commission Fees Included in Spread 7 USD / lot - Pro Account 1 USD / lot - Black Account

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Most retail CFD accounts lose money. Your capital is at risk.

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