Exness Review ☑️️ Pros and Cons

 

Overall, Exness can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and offers a sign-up bonus for 1st-time traders.

 

Exness currently maintains brokerage offices in Seychelles, Cyprus, United Kingdom, South Africa, Curaco and Sint Maarten, and the British Virgin Islands.

 

Exness at a Glance

 

Broker’s Name	Exness
? Year Founded	2008
? Headquarters	Limassol, Cyprus
? Publicly Traded	No
? Used by	260 000+ Traders
?️ Regulated By	CySEC, FSA, FCA, FSC, FSCA, Central Bank of Curacao and Sint Maarten
? Minimum Deposit	$10
? Awards	Yes
? Trading Desk Type	Market Maker, No dealing desk
?? Accept US Clients	No
? Bonus Program	Standard +10%
? Welcome Bonus	No
☪️ Islamic Account	Yes, available
? Account Types	Standard Cent, Standard, Pro, Raw Spread, Zero.
? Account Open Languages	Arabic, Bengali, Czech, Dutch, Filipino, French, German, Greek, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Vietnamese
? Demo Trading Account	Yes
? Deposit with credit/debit account	Yes
? Deposit with Cryptocurrencies	Yes
? Deposit with QIWI	Yes
? Bank Wire (Deposit/Withdrawal	Yes
? Deposit with Neteller	Yes
? Deposit with Skrill	Yes
? Trading Currencies	Yes
? Trading Indices	Yes Yes
? Trading Stocks	Yes
? Currency Pairs	97
? Major Forex Pairs	EUR/USD; USD/JPY; GBP/USD; USD/CHF; USD/CAD; AUD/USD; GBP/JPY NZD/USD; GBP/JPY
? Number of cryptos	35
? Minimum lot size trading volume	Depends on instrument
? Maximum lot size	Depends on instrument
? Spreads	Spread depends on account type and instrument. Spreads are always floating.
? CFD	FTSE Spread 1.5 pts (var) GBPUSD Spread 2.1 (var) Oil Spread 0.05 (var) Stocks Spread 0.1% Var
? Forex	GBPUSD Spread 2.1 pips (var) EURUSD Spread 1.6 pips (var) EURGBP Spread 2 pips (var) Assets 55+
? Leverage	1:2000
? Forex: Spot Trading	Yes
? CFDs – Total Offered	1273
? Active Trader or VIP Discounts	No
? Withdrawal fee	Yes
? Instant withdrawal and deposits	Yes. Depends on the payment system. May vary based on the payment provider’s processing
? Negative balance protection	Yes
? In-house VPS hosting	Yes, with $500+ deposits
? CFD Commission Fee	Depends on account
? Inactivity fee charged	No
? MetaTrader 4 (MT4)	Available
? MetaTrader 4 (MT5)	Available
? Zulu Trade	Available
? Mac	Available
?️ Desktop Availability	Yes
? Mobile Availability	Yes
? Web Availability	Yes
? Android	Yes
? iOS	Yes
?‍? Customer Service	Yes, 24/5 in various languages namely English, Indonesian, Arabic, Japanese, French, Hindi, Portuguese, Russian, Spanish and Urdu.
? Education	Exness Academy, Fundamental and Technical Analysis, Market news, webinars & Web TV
? Open an Account	? Click Here

 

Exness provides traders with financial services and investment solutions that are tailored according to the needs of its clients.

 

Exness Review – 20 Keypoint overview.

 

? Exness only accepts retail traders in Nymstar Ltd (Seychelles). Exness is regulated by the highly reputed CySEC, FCA, South Africa FSCA, SIBA, the BVI Financial Services Commission, and the Central Bank of Curaçao.

 

What is Exness?

 

? Broker Name	? Year Founded	?️ Registered Address	? Exness Minimum Deposit	⚙️ Maximum Leverage	?️ Regulations
Exness Group	2008	Central Office Park Unit No.4 257 Jean Avenue, Centurion Gauteng, Johannesburg	$1	1:2000	CySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint Maarten

 

 According to Research in South Africa, our Exness review shows that Exness was founded in 2008 with developments occurring at an impressive rate since the company’s inception.

 

 Exness holds brokerage licenses in the United Kingdom, Cyprus, Seychelles, South Africa, BVI, Curaçao, and Sint Maarten.

 

Nymstar Limited, a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorized by the Financial Services Authority (FSA) with license number SD025. The registered office of Nymstar Limited is at F20, 1st floor, Eden Plaza, Eden Island, Seychelles.

 

Exness B.V., a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorized by the Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.

 

Venico Capital Limited is authorized by the Financial Services Commission (FSC) in BVI with registration number 2032226 and investment business license number SIBA/L/20/1133. The registered office of Venico Capital Limited is at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI.

 

Vlerizo (Pty) Ltd which is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with registration number 2020/234138/07 and FSP number 51024

 

 Tip: Exness accepts South African traders – and is currently one of the fastest-growing ZAR Account brokers in South Africa. It also won the prestigious SA Shares award of the fastest-growing broker in Africa in 2020.

 

 Not only does Exness provide brokerage services that are both stable and reliable, but provision is also made for a comfortable trading environment.

 

 Included in its offering, Exness provides traders with tight spreads from 0.1 pips and there are no hidden commission fees involved. By providing MT4 as a trading platform, Exness provides traders with an array of CFDs and futures on numerous markets.

 

 Exness has customer support that is offered in thirteen different languages and ensures that traders stay up to date by providing the latest financial news.

 

They also are one of the leading brokers that accept ZAR accounts deposit amounts depending on account type.

 

 In addition, Exness is also involved with several organizations as an honorary sponsorship partner.

 

 Overall, Exness is very competitive in terms of its trading fees and spreads. Their spread is super low compared to other FSCA-regulated brokers, there are no hidden trading fees, and commission with a Pro account is very straightforward. Their Standard and Raw Account also has super low spreads.

 

 

Safe or Scam?

 

 Not only is Exness regulated and authorized by two of the strictest and most demanding authorities. Retail customers are signing up under CySEC, FCA, South Africa FSCA, SIBA, the BVI Financial Services Commission, and the Central Bank of Curaçao very reputable authorities.

 

 Exness holds client funds in segregated accounts and provides clients with customer protection.

 

 In addition to this is that Exness is a member of an investor compensation scheme, which pays out a certain amount to each client should the company become insolvent.

 

 Its EEA registration along with it being regulated and authorized by CySEC, FCA, South Africa FSCA, SIBA, the BVI Financial Services Commission and the Central Bank of Curaçao. This makes Exness a very reputable and reliable broker.

 

 

Pros and Cons

 

✔️ Pros	❌Cons
Regulated by United Kingdom, Cyprus, Seychelles, South Africa, Mauritius, BVI, and Curaçao.	No multi-currency accounts available
Client funds kept in segregated accounts	Training resource section only available in English
Dealing-Desk Broker
Tight spreads
130+ Currency Pairs with Multiple Trading Platforms

 

Leverage

 

⚖️ Equity	? Maximum available leverage
USD 0 – 999	1:2000
USD 0 – 4 999	1:2000
USD 5 000 – 29 999	1:1000
USD 30 000 or more	1:500

 

Exness offers maximum leverage of 1:2000 and makes provision for a calculator that works out the maximum leverage and margin requirements according to the trader’s current level of account equity.

 The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage. Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss.

 The amount of leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that a trader has US Dollar 1,000 in his or her trading account and is trading ticket sizes of 500,000 USD/JPY, that leverage will equate to 500:1.

 However, to the global entity, Exness can provide higher leverage levels depending on the country of origin.

 

Accounts

 

Exness offers traders a choice between four accounts, namely a Standard, Raw Spread, Zero, and Pro Account.

 

? Standard Account

The Standard account is one of the most popular choices and is tailored to meet the needs of all types of traders.

 

Benefits of the Standard Account:

? Deposit amount depends on payment system

? Leverage 1:2000

? Swap free available

? No trading commission

? Minimum lot size Depends on the instrument

? Maximum lot size Depends on the instrument

♾️ Unlimited number of positions

? A hedging margin of 0% for Forex currency pairs along with metals, energies and indices and 100% for Cryptocurrencies

? A margin call of 60% and stop out of 0%, along with several others

? Instant withdrawals and deposits

? Negative balance protection

? In-house VPS hosting ($500+ deposits)

 

 The Standard Account Offering is suitable for all traders, even those just starting out, these are feature-rich, commission-free, market execution account types with stable spreads, no requotes, and great execution.

 

 Consult with the helpful support of Exness for up-to-date information.

 

A Summary Overview Standard Account offering:

Standard Cent
?Our positioning	? New to trading? Try trading with cent-lots. The same as Exness Standard account, but the trading units are much smaller and great for learning with.
? Key Message for Users	? A great entry account if you want standard conditions, but prefer to trade smaller lots and want to start with a lower capital investment.
? Minimum deposit	? Depends on payment system
? Leverage up to	? 1:2000
? Trading instruments	⭕ Forex currency pairs, metals, cryptoсurrencies, energies, indices
? Trading Commission	⭕ no commission
? Spread from	? 0,3
? Maximum number of positions	⭕ Unlimited
? Hedged margin	⭕ 0%
? Margin call	? 60%
? Stop out	⭕ 0%
? Order execution	? Market
➡️ Swap-free	✔️ Available
Standard
? Our positioning	? The default choice for most traders, this account is suitable for those just starting out or those who already have some trading experience.
? Key Message for Users	? The default account – a go-to account that is the most popular account for new Exness traders. A great place to get started if you are looking for standard conditions.
? Minimum deposit	? Depends on payment system
? Leverage up to	? 1:2000
? Trading instruments	⭕ Forex currency pairs, metals
? Trading Commission	⭕ no commission
? Spread from	? 0.3 points
? Maximum number of positions	⭕ 1000
? Hedged margin	⭕ 0% for for forex currency pairs, metals, energies, indices 100% for cryptocurrencies
? Margin call	? 60%
? Stop out	⭕ 0%
? Order execution	? Market
➡️ Swap-free	✔️ Available

 

? Raw Spread Account

 

 This type of account offers the lowest raw spreads with a relatively low fixed commission. In addition, it has several similar features as that of the Standard account, with notable differences such as:

 

? A minimum deposit of $500 (7 034.70 ZAR)

? Commission per lot or side from $3.5 (49.25 ZAR)

? Spread from 0.0 pips

? A margin call of 60% and stop out of 0%, along with several others

 

? Zero Account

 

 This account allows traders to obtain 0 spreads for 95% of the trading day on a total of 30 pairs. In addition, there are similar and standard account features as with the Standard Account, but it differs in the following ways:

 

? A minimum deposit of $500 (7 034.70 ZAR)

? Commission per lot or side from $0.1 (1.60 ZAR)

? Spread from 0.0 pips

? A margin call of 30%

 

? Pro Account

 

 The pro account is known as Exness’s instant execution account. With this account, traders have access to excellent fill with no commission charges/fees on trading.

 

 Tailored to the specific needs of more experienced and professional traders, who demand the lowest spreads (even spread-free), instant execution, or algo-trading optimized account conditions.

 

 All accounts are eligible for Swap-free for Muslim countries.

 

 These accounts meet the requirements of any professional trader or trading style from scalping and day-trading to automated trading. Choose only the best for your trading style.

 

 Consult with the helpful support of Exness for up-to-date information.

 

 As with the Standard Account, there are a set of basic features, and the Pro Account varies in the following ways:

 

? A minimum deposit of $500 (7 034.70 ZAR)

? No trading commission

? Spread from 0.1 pips

? A margin call of 30%

 

Overview of Exness Pro-, Raw Spread and Zero Account

 

PRO ACCOUNT
? Our positioning	A commission-free, instant execution account that features low spreads and excellent fills. Ideal for those looking for an edge over market execution accounts and those who know how to get the most from instant execution.
? Key Message for Users	Want the flexibility to trade at a specific price, or set your tolerance level to have your order filled at market price? Then this is the commission-free, instant execution account for you
? Minimum deposit	$500
? Margin Requirement	Fixed margin requirement for specific instruments
? Leverage	1:2000
? Trading Instruments	Forex currency pairs, metals, cryptocurrencies, energies, indices, stocks
? Trading Commission	No trading commission
? Spread from	0.1
? Hedged margin***	0%
? Order execution (FOREX	Instant execution
₿ Order execution (Cryptocurrency)	Market execution
? Orders execution (CFD on Futures)	Market execution
➡️ Swap-Free	Available
RAW SPREAD
? Our positioning	A market execution account with the lowest raw spreads and a fixed trading commission
? Key Message for Users	Want the lowest raw spreads and a fixed trading commission? Try this NEW market execution account!
? Minimum deposit	$200**
? Margin Requirement	–
? Leverage	1:2000
? Trading Instruments	Forex currency pairs, metals, cryptocurrencies, energies, indices, stocks
? Trading Commission	up to $3.5 (approx 56 ZAR)
? Spread from	0.0 Floating (low spread)
? Hedged margin***	0%
? Order execution (FOREX)	Market execution
₿ Order execution (Cryptocurrency)	Market execution
? Order execution (CFD on Futures)	Market execution
➡️ Swap-Free	Available
ZERO
? Our positioning	A specialized market execution account type where spreads are 0.0 pips for almost all of the trading period*. Like the Raw Spread account, but with true spread-free, or near spread-free trading with a trading commission amount specific to the instrument, giving you even more control over your trading costs. Highly requested by algo-traders.
? Key Message for Users	Want stable spreads of 0.0 pips for most instruments for almost of 95% of the day? Check out this specialized commission-based account.
? Minimum deposit	$500
? Margin Requirement	–
? Leverage	1:Unlimited
? Trading Instruments	Forex currency pairs, metals, crypto, energies, indices
? Trading Commission	from $0.1 (approx 1.6 ZAR)
? Spread from	Floating (zero spread)*
? Hedged margin***	0%
? Order execution (FOREX	Market execution
₿ Order execution (Cryptocurrency)	Market execution
? Orders execution (CFD on Futures)	Market execution
➡️ Swap-Free	Available
* 0.0 pips for more than 95% of the trading period for EURUSD, Gold and others. Floating spread during key periods such as news and rollovers.
***Margin for some instruments like Cryptos is charged 100% even when fully hedged.

 

? Demo Account

 

 Provision is also made for Demo Accounts where traders can test their trading strategies in a risk-free environment that mimics the functions of a live account and traders have access to virtual funds.

 

 

Exness vs AvaTrade vs FBS – Comparison Table

	? Exness	? AvaTrade	? FBS
?️ Regulatation	CySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint Maarten	Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch.	IFCS
? Minimum Deposit	$10	$100	$1/ ZAR R16
? Welcome Bonus	No	Open a trading account in 1 minute and receive up to $ 10.000 Bonus.	$140
☪️ Islamic Account	Yes, available	Yes, available	Yes
? Leverage	1:Unlimited	400:1	1:3000
? Withdrawal fee	Yes	Zero	yes
? Spreads	The minimum spread across all accounts is 0.1 pips	0,9 pips	3 pips
? Demo Trading Account	Yes	Yes	yes
? Account Types	Standard, Cent, Raw, Zero and Professional Account	Standard, Islamic, and demo account	Cent, Micro, Standard, Zero Spread, ECN, and Crypto Account
? Comissions	$3.5 dollars / R56 ZAR	No Comissions	$80 dollar / R1280 ZAR per each lot traded

 

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Market Instruments

 

 Exness offers traders the opportunity to trade in instruments like Forex currency pairs, metals, cryptoсurrencies, energies, indices, and stocks.

 

? Majors	?GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF,
? Minors	? AUDCAD, EURCHF, AUDCHF, CHFJPY, NZDJPY, EURCAD, CADJPY, CADCHF, AUDNZD, NZDCAD, AUDGBP, USDHKD, USDCNH, SGDJPY, ZARJPY, NOKJPY, TRYJPY, HKDJPY, SEKJPY, DKKJPY, MXNJPY, USDPLN, NZDMXN, CHFSEK, NZDSEK, CADTRY, NZDSGD, TRYZAR, CHFDKK, DKKSGD,
✨Exotics	?NOKDKK, SEKNOK, USDZAR, USDTRY, USDSEK, EURTRY, USDMXN, USDNOK, USDTHB, EURZAR, USDRUB, EURNOK, USDDKK, EURSEK, USDSGD, EURMXN, EURSGD, EURPLN, CHFTRY, GBPDKK, GBPSGD, GBPSEK, GBPTRY, GBPZAR, CHFSGD, AUDSGD, CHFNOK, NZDZAR, CHFZAR, AUDNOK, AUDDKK, AUDTRY, AUDSEK, AUDMXN, AUDZAR, USDZAR, USDTRY, USDSEK, USDMXN, USDNOK, USDTHB, USDRUB, USDDKK, USDSGD, USDPLN, EURTRY, EURZAR, EURNOK, EURSEK, EURMXN, EURSGD, EURPLN
✨Exotics (USD, EUR crosses)	? USDZAR, USDTRY, USDSEK, USDMXN, USDNOK, USDTHB, USDRUB, USDDKK, USDSGD, USDPLN, EURTRY, EURZAR, EURNOK, EURSEK, EURMXN, EURSGD, EURPLN
✨Exotics (not USD, EUR crosses	? GBPDKK, GBPSGD, GBPSEK, GBPTRY, GBPZAR, CHFSGD, AUDSGD, CHFNOK, CHFTRY, NZDZAR, CHFZAR, AUDNOK, AUDDKK, AUDTRY, AUDSEK, AUDMXN, AUDZAR, NZDMXN, CHFSEK, NZDSEK, CADTRY, NZDSGD, TRYZAR, CHFDKK, DKKSGD, NOKDKK, SEKNOK
?Metals	? XAUUSD, XAGUSD, XAUAUD, XAUGBP, XAUEUR, XAGGBP, XAGAUD, XAGEUR, XAGUSD, XAUAUD, XAUGBP, XAUEUR, XAGGBP, XAGAUD, XAGEUR
₿ Crypto	? BTCUSD, ETHUSD, BCHUSD, LTCUSD, ETHUSD, BCHUSD, BTCKRW, BTCJPY
?Indices	? US500, HK50, AUS200, USTEC, UK100, FR40, DE30, US30, US500, AUS200, STOXX50, FR40, HK50, USTEC, UK100, STOXX50
?Energies	?️ USOIL
? Stocks	BAC, CSCO, C, KO, EBAY, XOM, JPM, MSFT, MS, ORCL, INTC, PFE, WFC, VZ, AAPL, FB, NKE, AMD, T, JNJ, PYPL, V, WMT, NVDA, MCD, BABA, NFLX, MA, AMZN, GOOGL

 

Best Countries by Traders

 

? Thailand

? Vietnam

? South Africa

? India

? Saudi Arabia

 

Fees

 

 The fees that Exness charges are based on the type of account pertaining to commission fees.

 

 Where both the Standard and Pro accounts do not have commissions that are charged on trading, the Raw account has commission fees up to $3.5 (approx. 56 ZAR),  Zero Account commission fees from $0.1 ( approx. 1.6 ZAR) and the Pro account has no commission fees.

 

 With the Standard Account the minimum deposit depends on the payment system. With the Raw, Zero and Pro accounts each having a minimum deposit of $500.

 

 Exness also has a rollover or overnight fee which is applicable should positions be held longer than a day. Each instrument has its own fee, which is charged for these overnight positions, this may either be charged as a fee or provided as a refund.

 

 Although Exness does not charge any fees when deposits or withdrawals are made, traders need to verify with their chosen payment provider before transfers are done as payment providers may waive fees that the trader will be held liable for.

 

Exness Customer Reviews – TrustPilot

 

One of the best brokers I have seen.

One of the best brokers I have seen, with a very low spread and no swap charges. Fast withdrawal and deposit.

Best Broker.

I began to use Exness the last year, before’ i came here to reed different reviews, it disappointed me lot, but i decided to try them! Its a best broker i used ever! Fast withdrew within 2 minutes only especially through Skrill! Touchable support, Tight spreed without commission and no swap but tight swaps in some pairs! Congratulation Exness! Some people here do complain on market manipulation, but what i experienced them! If you trade by following the risk management, you will not come here to ignore them! What i’m not sure to them, if the account reach to more than 200,000 USD Profit, are they ready to give out my money?

Customer support is taking so much time.

Customer support is taking so much time to connect.. Whenever I have problem and trying to connect with customer support, its taking more than 30 mins and it places me in the q, please upgrade ur stuff and make it instant support to the customer.

 

Deposit and Withdrawal

 Exness provides the following payment methods through which deposits and withdrawals can be processed:

 

Deposit & Withdrawal Methods	? USD or Tether
	₿ Bitcoin
	? Internet Banking
	? Bank Card
	? AstroPay Card
	? Perfect Money
	? Neteller
	? Web Money
	? Skrill
	? Internal Transfer

 

 A trader should acknowledge that there is a minimum deposit that can be made through using these payment providers with a general $1 required from USDT/Tether, Internet Banking, AstroPay Card, WebMoney, and Internal Transfer.

 

 Traders must ensure that they confirm any other minimums that may apply by contacting Exness before they register a live trading account, subjecting them to a minimum deposit before they can start trading in live financial markets.

 

Although most payment providers indicate deposit speeds that are instant USDT may take up to 72 hours and Bitcoin up to 4 hours.

 

As with the processing speed on deposits, withdrawals may also take some time to process and for it to reflect in the trader’s account.

 

? Instant withdrawal speed	AstroPay Card, Perfect Money, Neteller, WebMoney, Skrill, and Internal Transfer
? Up to 4 hours	Bitcoin
? Up to 72 hours	Both Internet Banking as well as USDT/Tether
? Between 3 – 5 working days	Bank Card

 

 Exness does not permit third-party payments due to strict regulations and as a safeguard against money laundering.

 

Trading Platforms

 

 Exness provides traders with a choice between MetaTrader 4, MetaTrader 5, WebTerminal as well as Exness Terminal. Exness Terminal is its own sophisticated and customized trading terminal entirely developed and maintained by Exness developers.

 

 MetaTrader 4

 

 This is the most popular trading platform used in the trading community for various reasons such as:

 

? MT4 Popularity	? It allows for flexible trading with numerous trading strategies
	? Provision for both instant and market execution orders
	? Technical analysis can be performed through using a variety of tools such as 23 different analytical objects along with 30 built-in indicators
	? Auto-trading is made possible through Expert Advisors

 

 MetaTrader 5

 

 Is the upgrade from MetaTrader 4 and provides traders with a variety of features in addition to what MetaTrader offers, including:

 

? MT5 Features	? Meta Editor
	? MetaQuotes Language 5
	? Hedging System
	? Additional charts and timeframes
	? Provision made for fundamental analysis
	? 38 built-in indicators along with 22 analytical tools and 46 graphical objects

 

 WebTerminal

 

 WebTerminal as a trading platform provides traders with the following features:

 

? Web Terminal Features	? There is no need to download or install software as it has an interface like the desktop version
	? Speed by being a HTML5 web app and added security through the encryption of data
	? Featuring of basic functions that traders need and use to trade effectively
	? Trading operations of various types
	? Quotes provided in real-time
	? Price charts which are fully customizable
	? Basic analytical objects

 

 Exness Terminal

 

 Similar to WebTerminal in that it is a web version of a trading terminal. The main advantage is that it is both a web browser and mobile browser friendly.

 

  Exness Terminal is entirely developed by the Exness developers. This means that Exness has the ability to continuously improve it in order to give their customers a better user experience. Exness also have their own tailored made mobile apps developed by their in-house developers.

 

Main features include the following:

 

? Main Features	? Trading portfolio and history
	? Symbols
	? Deposit tab for real and demo account
	? Trading
	? Live chat support
	? Charting tools and time frames

How to Open an Exness Account

 

 Exness offers a very simple and digital way to open an account which can be completed in just a few easy steps. Exness even provides a how-to video which can be viewed here. Exness also offers traders the option to open more than just one trading account.

 

The steps involved with opening an account are:

 

Step 1 – Open the Exness Website and click on the “Open Account” tab.

Navigate to the official Exness website and at the top right of the screen click on the “open an account” tab.

 

Step 2 – Fill in your personal details.

On the online application form, the applicant enters their country of residence, email, and a password that they will use to log in on the website and the Exness Trader app.

 

Step 3 – Choose your account type.

After this information has been submitted, the applicant is taken to a screen where the applicant can choose between a demo account which is automatically created with a virtual deposit of $10,000 (140 397.00 ZAR) or a real account.

 

The personal area is accessed through the menu option, in the personal area, the trader will find their live account and the option to open more accounts

 

When opening more accounts, the trader has the option of choosing between the accounts, followed by choosing their leverage and currency, followed by choosing a password for the specific account.

 

Step 4 – Start Trading.

Finally, you can start trading.

 

 

Customer Support

 

Exness can be contacted either by telephone or via email. Clients also have the option to start Live Chat on any of the pages on the website.

 

Assistance is also provided in various languages, including English Indonesian, Arabic, Japanese, French, Hindi, Portuguese, Russian, Spanish and Urdu. But assistance in some languages isn’t always available immediately and the waiting periods are indicated next to the language.

 

Exness also provides access to a Help Centre, which offers a search box where clients can type in keywords to help them find answers to topics which they are querying.

 

Education

 

Exness provides a variety of educational tools that range from an Exness Academy to Webinars and a Glossary.

 

The Exness Academy provides information on topics such as:

 

➡️️ Essentials – caters specifically to beginners in teaching them and helping them understand the core of what trading is

 

➡️️ Development – which can aid traders to build on their skills by teaching them to manage risk and providing them with the opportunity to study other traders

 

➡️️ A final step is known as the Breakthrough, where traders can put their knowledge to the test by starting to analyze markets

 

Exness provides webinars that are normally scheduled ahead of time. There are currently no events that are planned

 

The Exness glossary features terms used in the trading community from A – Z. This is not only to be used by beginner traders but also more experienced traders who need a point of reference.

 

In addition, Exness also provides Insights and analysis along with news from markets which can be used not only by beginners, but also by more experienced traders who want to keep up to date with insights, analysis, and various news topics from different markets.

 

 

Research

Exness provides a range of research tools such as:

 

 Calculators with which to calculate basics of the trader’s positions including, Margin, Point Profit, Swap Long, and Short, and several others

 

 A currency converter

 

 VPS Hosting

 

 A Market Analysis Calendar

 

 WebTV, and

 

 Statistics such as Tick History

 

Awards and achievements

 

Awards

 

➡️️ Most Transparent FX Broker 2019 (World Finance) and Global FX Broker of the Year 2019(The European).

➡️️ Best Customer Support Award at Financial Markets Expo Cairo 2021

➡️️ Premium Loyalty Program Award at Financial Markets Expo Cairo 2021

➡️️ Most Innovative Broker at Dubai Expo 2021

➡️️ Most People-Centric Broker at Traders Summit 2022

➡️️ Global Broker of the Year at Traders Summit 2022

 

Achievements

 

➡️️ First broker to exceed the $1 trillion and $2 trillion marks in monthly trading volume

 

Conclusion

 

Exness is a fully regulated and transparent broker with not only high operational standards but superior service delivery in that it caters to all types of traders with different levels of experience.

 

The type of accounts provided are tailored for different traders and commission costs on trades along with other pricing is relatively low when compared with other brokers. Exness offers competitive spreads, prices, and trading conditions.

 

Traders can experience a safe trading environment with the provision of an array of financial instruments and top-notch trading platforms that further cater to their every need.

 

Disclaimer

 

The trading of financial instruments involves a high level of risk which may not be suitable for all traders. Traders need to evaluate their objectives along with their level of experience before making decisions regarding the trading of financial instruments.

 

Traders face the risk of great losses that may exceed their initial deposit. Exness does not accept liability for any losses or damage and by using the information and/or tools and products provided on the website, traders acknowledge the risks involved.

 

None of the products or information provided on the Exness website is intended to be used as recommendations or encouragement to be used to trade financial instruments.

 

Traders may seek independent and professional advice should they deem it necessary.

 

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Frequently Asked Questions

 

 

What is the leverage offered by Exness?

 

Exness maximum leverage is 1:2000.  A calculator that calculates the maximum leverage and margin requirements in accordance with your current level of account equity is available.

 

What are the spreads when trading with Exness?

 

The minimum spreads that traders can expect is 0.1 pips across all account types.

 

What are the deposit methods available for Exness?

 

To deposit funds, traders can choose between Bitcoin, Bank card, Internet banking, Skrill, Neteller, Perfect money, Tether (USDT OMNI), Webmoney, Mybux and Ozow.

 

What account types are offered by Exness?

 

Exness offers the Standard and Standard Cent account (best for beginner traders) and the Pro, Zero and Raw spread accounts for more experienced, professional traders.

 

Does Exness offer a demo account?

 

A demo account is offered by this broker. The demo account does not expire, but will be deleted after a period of 21 days of inactivity.

 

What is the minimum deposit for an Exness account?

 

You can start trading with Exness for a minimum deposit of $10 / ZAR 160 for South African traders.

 

Is Exness Regulated in South Africa

 

Yes, Exness is regulated with the FSCA in South Africa with registration number 2020/234138/07 and FSP number 51024.

 

What is Exness withdrawal time in South Africa?

 

Exness withdrawal time is under 24 hours during weekdays.