Exness Review

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After more than 10 years of operation, the trading volume at Exness exchange has reached 2.747 trillion USD, attracting more than 368,151 traders from all over the world, supporting customers to trade on many markets with prices Stable, reliable.

 

Year of establishment 2008

Regulators FSA, CySEC, FCA, FSC, FSCA, CBCS

Exchange ECN

Trading Platform MT4, MT5, Exness Trader, Exness Terminal

Forex Trading Instruments, Metals, Energy, Stocks, Cryptocurrencies, Indices

Minimum deposit 10$

Account types 5 trading accounts

Maximum Leverage Unlimited

Spread Fee From 0.0 pips

Website language English, Vietnamese

Deposit - withdrawal method

Internet Banking

Money

Visa Card, PayPal

E-wallets Skrill, Neteller, …

Bitcoin

Exness is rated as the most reputable forex broker in the forex market today. After more than 14 years of operation, Exness has achieved many admirable achievements, providing traders with the best trading conditions.

Is Exness broker reputable?

Is Exness exchange reputable or not? This is probably what most traders are most interested in when learning about the exchange. To evaluate the reliability of Exness exchange, we will analyze according to the following evaluation criteria:

 

Exness' license to operate

Exness Group is operated by many legal entities around the world. In particular, each legal entity is licensed to operate by the financial authorities of the host country. Specifically, Exness exchange owns the following licenses:

 

FSA – Seychelles Financial Services Authority (FSA), licensed and regulated under license number SD025.

FSCA – Financial Industry Regulatory Authority in South Africa with FSP number 51024.

CySEC – Cyprus Securities and Exchange Commission, licensed and regulated under license number 178/12.

FCA – The Financial Services Regulatory Authority (FCA) is licensed and regulated in the UK under the Financial Services Registry number 730729.

CBCS – Central Bank of Curaçao and Sint Maarten under license number 0003LSI.

FSC – Financial Services Commission at BVI – a British Virgin Islands, registration number 2032226 and investment business license number SIBA/L/20/1133.

FSC – Financial Services Commission in Mauritius, registration number 176967 and business license number GB2002529

These agencies will be responsible for managing and monitoring Exness' business activities, in order to ensure that transactions take place openly and transparently, while protecting the best interests of customers. Therefore, when trading at Exness, everyone can be assured.

Achievements that Exness has achieved:

After more than 10 years of operation and development, Exness has become the most prestigious broker in the financial market. “Honesty and transparency” are the two operating principles of Exness.

In New Zealand, Exness was awarded by the financial magazine World Finance Media: “Best Trade Executions”, “Best Order Management” and “Best Mini Broker” ( Best Small Broker).

In addition, Exness has also won many important awards such as: the best forex broker in Asia 2016, the best forex broker with MT4 in 2016, the best forex broker with the best trading conditions in 2014 and many other awards.

Exness account types

Exness currently offers 2 types of trading accounts, a standard account and a professional account, suitable for different levels of traders.

 

– Standard account (Standard)

This is a popular account type, suitable for all traders, including newbies. Standard account does not require minimum deposit, floating spread from 0.3 pips, no commission, special speed of market execution, no re-quotes.

 

Account Type               Standard                       Standard Cent

Minimum deposit          10 USD                           10 USD

Leverage               1: Unlimited (MT4)                  1: Unlimited (MT4)

                               1:2000 (MT5)                          1:2000 (MT5)

Trading products:     forex, metals,energy,            forex, metals

                                 index, stocks 

Commission             0                                              0

Minimum lot              0.01                                        0.01

Maximum Lot            200                                        200

Maximum number     Unlimited                               1000

of pending orders

Difference                  From 0.3 pips                       From 0.3 pips

Margin alert                60%                                   60%

– Professional account

This account is suitable for experienced traders. The highlight of this account is: it gives traders access to all forex, metals, cryptocurrencies, energies, indices with extremely low spreads, fast execution speed, suitable for trading. suitable for scalpers, day traders and algorithmic traders.

 

Account Type

Raw Spread

Zero

Pro

Minimum deposit

200 USD

200 USD

200 USD

Maximum leverage

Unlimited

 

 

Commission

Up to 3.5 USD

From 3.5 USD

Free of charge

Minimum lot

0.01

0.01

0.01

Maximum lot

200

200

200

Spread

From 0.0 pips

From 0.0 pips

From 0.1 pips

Maximum pending order

Unlimited

Unlimited

Unlimited

Margin warning

30%

30%

30%

Products traded on Exness

Exness gives traders access to global financial markets by trading CFDs on a wide range of assets, including: forex, metals, cryptocurrencies, energies, indices and stocks… 6 The group of assets that you can trade at Exness are:

 

Forex: Includes 107 different currency pairs, of which 7 are major, the rest are minor and rare currency pairs.

Metals: including 10 codes, of which 4 main metals are gold, silver, platinum, and Palladium

Energy: deals with popular energy products such as Brent crude oil and natural gas.

Cryptocurrencies: Trade the world's most popular digital currencies, completely free of charge overnight.

Stocks: Trade hundreds of stocks from major tech and industry players including Google, Amazon, Tesla, AliBaba and Intel.

Indices: Popular indices around the world, including the FTSE 100, S&P 500, Dow Jones Industrial Average and more.

Exness Leverage and Trading Fees

Leverage and transaction fees are also important criteria that investors need to consider when choosing a forex trading platform. Let's find out what fees are at Exness.

 

1. Exness Leverage

Exness is rated as the exchange that supports the highest maximum leverage today. You can choose the appropriate leverage ratio according to your capital. With the MT5 trading platform, you can use the maximum leverage up to 1:2000, the MT4 Exness platform alone does not limit the maximum leverage.

 

However, the maximum leverage allowed depends on the trading product and the client's deposit amount. Specifically:

 

If you deposit less than $1000, leverage 1: infinity will be used.

Deposit from $1000 – 2999 will have a maximum leverage of 1:2000

Deposit from 3000 - 9999 $ will enjoy 1:1000 leverage

2. Exness floor spread

Exness's spread is quite comfortable and is considered a competitive spread that very few forex brokers can do. Specifically:

 

With the Zero Spread and Zero professional accounts, the spread is floating from 0.0 pips, while the Pro account spreads are only 0.1 pips.

With the standard account, the spread is floating from 0.3 pips.

Exness commission fee

If you are looking for a forex broker with no commission then Exness is the best choice. Specifically, Exness is applying the following commission rates:

 

Standard and Pro accounts have no trading commissions.

Zero account, commissions range from $0.2 per lot/one way.

Raw Spread account, commission from $3.50 per lot/one way.

Exness trading platform

Like other brokers, Exness offers two popular forex trading platforms, MT4 and MT5. In addition, the exchange also added Exness Trader and Exness Terminal applications for customers to have a better trading experience.

 

MT4 Platform

MT4 (MetaTrader 4) is considered the world's leading forex trading platform. You can download MT4 to your device and use it on all computer devices, iOS and Android mobile phones. Some outstanding features of MT4 are as follows:

 

Intuitive interface, easy to use, supports many different languages.

Flexible trading with 6 types of pending orders, 2 types of instant order matching and market execution

Built-in 30 technical indicators, 23 analytical objects, 9 timeframes and 3 chart types.

Supports trading 6 assets with low spreads from just 0.1 pips.

Enables automated trading with robots and advisor systems (EAs).

MT5 platform

MT5 (MetaTrader 5) is a trading platform upgraded by MetaQuotes from MT4. So this trading platform is improved and opens more features such as:

 

Built-in 38 technical indicators, 22 analysis tools, 46 graphical objects, 21 timeframes and 3 chart types.

Flexible trading with 8 types of pending orders, instant order matching and market execution

Support trading 6 asset groups with spreads from 0.0 pips, competitive commission fees.

Easily move stop loss, technical analysis and customize indicator, advisor system (EA) and script

Exness Trader App

Exness Trader is an application developed for regular traders. The Exness Trader application is compatible with both iOS and Android operating systems and is considered an advanced and easy-to-use trading platform.

Some outstanding features of Exness Trade:

 

Convenient deposits and withdrawals right on the app, multiple payment methods and 24/7 support.

Complete trading functionality in one click and on a single screen.

Offers 200 instruments from Forex, stocks, energies, indices, cryptocurrencies.

Easily analyze charts with your favorite indicators.

Provides an economic calendar and updates on the latest news and events.

Exness Terminal

Exness Terminal is an advanced charting technology platform that combines a simple, intuitive interface to give users the most comprehensive trading experience. Some preeminent features of Exness Terminal such as:

 

No need to download and install to the device can still use.

Provides 50+ drawing tools, 100 indicators, charts provided by Tradingview.

All information is securely encrypted.

6 types of pending orders are Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss.

Deposit - withdraw money on Exness

It can be said that the biggest advantage of Exness floor is the "super fast" deposit and withdrawal speed, you can even deposit and withdraw money on both Saturday and Sunday. The reason for doing that is because Exness has an automatic payment system 24/7, not manual review like many other exchanges.

Currently, Exness exchange is supporting customers with the following payment methods:

 

Internet Banking

Money

Visa/Mastercard

E-wallets (Neteller, Skrill, SticPay)

Cryptocurrencies (Bitcoin, USDT, USDC)

VietQR, Wire Transfer…

All transactions are done quickly, simply and securely. According to statistics, the time to deposit money into Exness account only takes a few seconds, while withdrawing it only takes 3-5 minutes to receive money to your account. While other exchanges have to wait a few hours or days to withdraw.

 

In particular, Exness does not charge deposit/withdrawal fees. The exception is when you withdraw via Skrill with an amount less than 20USD, you will lose a commission fee of 1 USD

Conclusion about Exness

Above is all detailed information about Exness exchange that Tradervn wants to share with investors and readers. In general, with quality services, Exness has become the leading reputable forex broker in the world. Therefore, when choosing to trade at Exness, you can rest assured.


 

Advantage

Licensed by reputable financial authorities

Allows trading with 6 different asset classes.

Offers multiple trading accounts, suitable for all traders.

Low spreads, competitive commissions

Fast deposit and withdrawal with many safe methods

Support instant order matching and market order matching.

Professional customer service,

Defect

The commission fee is still higher than some other brokers

Leverage change notification via Email is quite inconvenient.

 

 

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