Exness Review – Trading Platforms, Commission, Leverage, Account Types & moreLast Updated Date: Dec 02, 2022
Find everything about Exness Forex Broker here. A winning trade is the dream of every person, but not everyone is fortunate in the financial market.
Hardly a few percent of traders survive and make trading a full-time job compared to those who struggle for earning.
If you also want to make a good amount in the trading world, it’s worth considering entering the trading game with a reliable broker only.
Like Exness is one of the top-grade and reliable online trading platforms that you can choose to start trading.
This detailed Exness review has rounded up all the vital points about the Exness trading platform. So let’s get started.
About Exness & Accepted Countries
|Founder / CEO||David Morris|
|Regulations||CySEC, FCA, FSA(SC), FSCA|
Exness is a globally famous online trading platform serving clients in more than 192 countries, including Europe and Asian Nations.
The Platform first went public in 2008 by David Morris from headquarters in Cyprus.
At present, more than 200 employees are working for the Exness trading platform.
Daily, thousands of users from domestic to international regions sign-up for a trading account at Exness. Thus, it won’t be wrong to call it a reliable broker to start a trading journey.
But before you come across a decision, it’s worth adding a few other checkpoints into this Exness review. So, reaching the final decision doesn’t remain that hard as you think.
Open a Forex Trading Account Now! – Fill up the Form
Exness Trading Platforms
|Trading Platform||MT4, MT5|
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Trading Platform Supported Languages||Chinese, English, Thai|
With a brilliant user interface and the fastest response time, this web-based trading platform is made to win the eyes and hearts of traders.
Exness offers a full suite of trading platforms – MetaTrader 4 and MetaTrader 5 – for desktop users. Users can even access trading platforms from the mobile version – Exness app – built for mobile users.
The desktop version is available for both Windows and Mac Users.
The trading platform supports multiple languages that are a bonus to the traders who want to trade in their domestic language only.
In addition to these standard features, the web-based trading platform supports charts, indicators, tools, and much more in its offering suite that we cover ahead in this Exness review.
Exness Mobile App
As discussed above, users can also start trading using the Exness app.
The app works pretty well on both Android and iOS mobile trading platforms.
There’s no need to pay even a single penny for installation since the app is free to install.
The best thing about the Exness app is that you get every feature inside that broker provides on the web-based trading platform.
From the interface, charts, to indicators, you get everything inside the app. No wonder it is enough to get a clear indication that Exness does care for each-n-every user’s needs.
Mainly if you are an intraday trader, choosing a desktop trading platform is worth it.
However, sign-up and overall set-up at a mobile trading platform are comparatively more straightforward.
But it’s worth noticing that you may struggle to conduct a comprehensive technical analysis on the mobile screen.
Check out Mobile Apps of more Forex Brokers
|Activtrades||CMC Markets||Eightcap||IFC Markets|
Exness Commission or Brokerage or Fees
|Commission on trades||No|
Not including commission and brokerage in this Exness review would be one of the silliest mistakes.
Since the pre-n-post commission solely decides the profits that the broker charges.
Exness commission structure includes varying figures.
Charges can range from trading activities to penalties.
Luckily, the broker doesn’t charge any amount on account opening except for the initial deposit, which is also significantly less than other trading platforms.
Spreads are also flexible. In a nutshell, you can make an affordable choice by selecting Exness for your trading journey.
Still, it’s worth grabbing more information about commission and brokerage by visiting Exness’s official website to get over doubts if you have any.
Exness Exposure or Leverage
The broker offers you maximum leverage of 1:2000 at a minimum deposit of just $1 on a standard account.
It’s no surprise that this offering by Exness represents that the broker provides traders a specific ability to trade in large volumes with minimum capital.
There’s no need to borrow a loan, nor do you have any need to get some money on debt. Reap the benefit of leverage and get yourself up in the trading game.
But before you get your hands on this attractive feature, your familiarity in ups-n-downs related to leverage is vital.
If you can make extra with leverage, you can lose extra as well.
If you are a beginner, it’s worth maintaining a considerable distance from leverage initially.
Payment Methods provided by Exness
|Deposit||Credit Card, Cryptocurrencies, Neteller, PerfectMoney, QIWI, Skrill, Webmoney|
|Withdraw||Credit Card, Cryptocurrencies, Neteller, PerfectMoney, QIWI, Skrill, Webmoney|
The broker offers you varying payment methods, but options are pretty limited compared to its competitors since you don’t get bank transfers, debit cards, or PayPal on the list.
However, there’s no Exness commission on transactions that have always been deemed one of the most unwanted aspects of trading.
If we solely talk about the payment methods allowed for transactions at the Exness trading platform, these include Credit Card, Cryptocurrencies, Neteller, PerfectMoney, QIWI, Skrill, Webmoney.
Even though the broker doesn’t offer payment options that often get on other trading platforms, the safety and smoothness checkout is enough to win your satisfaction.
Find out Payment Methods provided by other Forex Brokers
Investment in Asset Classes or Markets by Exness
|Supported Cryptocoins||bitcoin, bitcoin cash, ethereum, litecoin, ripple|
|Total Tradable Assets||207|
|Number Of Currency Pairs||107|
|Number Of Cryptocurrencies||7|
|Number Of Stocks||71|
|Number Of Indices||10|
|Number Of Commodities||12|
|Number Of Futures||N/A|
|Number Of Options||N/A|
|Number Of Bonds||N/A|
|Number Of ETFs||N/A|
The more good assets you have, the broader possibilities you build to earn more.
But in our Exness review, we find that the broker doesn’t give you tradable assets that often.
Unlike other trading platforms where tradable assets are in thousands, Exness, on the flip side, has only 200 assets in total.
The maximums of these assets include currency pairs, cryptocurrencies, stocks, indices, and commodities.
However, in the list of crypto-assets, you get bitcoin, bitcoin cash, Ethereum, Litecoin, and Ripple that are counted among the popular crypto-currencies.
Similarly, in other sections of assets, you can expect some best-performing alternatives.
Even though the broker has not had many assets to offer, still it’s worth considering that whatever assets you receive at the Exness trading platform are profitable.
Exness Virtual Trading or Demo Account
|Virtual Money||USD 1000|
For newbies, a demo account offered by the broker on its trading platform is undoubtedly the most significant plus point.
One can go better in his trading moves right from the beginning, and the need for any special training is also not realized.
When you sign in for a trading account at Exness, the demo account takes you on a virtual tour. During this phase, you grasp the basics of trading at Exness.
The broker even offers $1000 virtual currency support in its demo account.
Though, virtual currency is relatively low compared to the demo account on other trading platforms that goes up to $5000.
But thanks to the refill option, you can refill your virtual wallet once all amounts are used.
Exness offers or Deals
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||No|
|Flexible Brokerage Plans||No|
|Forex Trading Contest||Yes|
|Trading Bonuses & Rewards||Yes|
Offers, deals, and promotions are all these things you get inside the Exness trading platform.
From free learning courses, free demo accounts to referral offers and forex trading contests, you get everything with a sign-up at the Exness trading platform.
Using Exness referral programs, you can build an extra income source aside from trading.
Create a community where people listen to you and follow, send them referral links, and get commission on every single sign-up you get for Exness mobile trading platform.
Moreover, Exness even offers trading bonuses and rewards to its users.
No wonder the broker brings you the opportunity to get the most out of your expectation at the Exness trading platform.
Exness Regulation or Licensing
|Regulations||CySEC, FCA, FSA(SC), FSCA|
Strong Regulation and licensing reflect a trading platform among the trusted ones. Exness works under CySEC, FCA, FSA(SC), FSCA that are counted among the top-tier regulators in the world.
This must clear your doubt that you might have regarding the excellence and authenticity of the Exness trading platform.
Your investments are safe at Exness, as top-tier regulators assure us.
Find out Regulations & Licensing of more Forex Brokers
|Social Trading / Copy Trading||Yes|
|Guaranteed Stop Loss||Yes|
|Guaranteed Limit Orders||Yes|
|Guaranteed Fills / Liquidity||Yes|
|Trading From Chart||No|
|Interest On Margin||No|
|Other Trading Features||No|
Let’s catch a glimpse of features that the Exness trading platform has that add more value to starting trading with Exness.
However, most features are similar. There’s nothing too different except for a few things that take us.
To simply put, these features include educational service, social trading/copy trading, automated trading, and VPS service.
All these features work like a bonus.
Moreover, for risk management, you get Stop loss and take profit features that make your trading utterly gainful.
The broker even provides you the support of an expert advisor if you are ready to spend a bit extra.
Exness Account Types
|Account Type||Standard||Standard Cent|
|Initial Deposit||USD 1||USD 1|
|Spread||From 0.3 pips||From 0.3 pips|
You can trade with Exness by opting for any one account between standard and standard cent. Each account owns unique features, assets and comes with different offerings.
Though commission, spreads, and leverage are relatively similar in both accounts, still it’s worth noting that you get into the best account that goes precisely the same with your trading goals.
To simply put, if you possess higher expertise in the forex market and zero knowledge about the stock market, it’s worth going with forex trading rather than stocks.
Even though you are getting many positive cues about starting trading at Exness, there are still significant downsides to consider first.
Exness Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||Market Maker, No dealing desk|
|Suitable for beginners||Yes|
|Suitable for professionals||Yes|
|Suitable for scalping||Yes|
|Suitable for daily trading||Yes|
|Suitable for Weekly trading||Yes|
|Suitable for swing trading||Yes|
Exness – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team:
|Daily Market Commentary||No|
|News (Top-Tier Sources)||Yes|
|Company Stock Review||No|
|Free Stock Tips||No|
Now let’s talk about the benefits you receive if you start trading with the Exness trading platform.
So let’s wrap up the best portion of this Exness review in detail.
- Access to multiple features
- Access only the best-performing assets
- Trade some of the popular crypto-currencies
- The demo account is provided
- Available for mobile and desktop users
- Access trading account at any platform, e.g., Android, window or apple
- Works under top-tier regulators
- Millions of users in more than 192 different nations
- Access in multiple languages
Exness Cons or Drawbacks
Benefits alone shouldn’t be the only influencing point.
Drawbacks sometimes can better help us in making a wise decision on time before it’s too late.
Exness trading platform also comes with some drawbacks that are as follows.
- Limited tradable instruments
- The demo account has limited virtual currency
- The mobile app isn’t that good
- It doesn’t provide trading tips
Exness Trading Hours
However, it doesn’t make logical sense to illustrate the exact trading hours at the Exness trading platform.
It largely depends upon the market.
But many assets, e.g., crypto-currencies, are open for trading; no matter if it is day or night, you can trade.
Still, for better clarification, you can visit Exness official website or stay in touch with the latest updates that the broker shares with its users from time to time.
Exness Customer Care or Contact Details
|Support During Weekends||Yes|
|Live Chat Support||Yes|
|Customer Support Languages||Arabic, Bengali, Chinese, English, French, Hindi, Indonesian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese|
You can always connect with the Exness customer support team if you encounter a big issue.
The customer support team is available 24×7 hours to sort out your queries.
You can connect with them via email or chat support provided on Exness’s official website and app.
Exness Safety & Security
Exness is regulated by CySEC, FCA, FSA(SC), FSCA that are counted among the top-tier regulators.
Thus, your financial transaction, data, and every vital detail are safe at the Exness trading platform.
Exness Rating & Reviews by Top10StockBroker
Based on different users and their experiences below are the company rating and reviews:
|User Experience||7.5 / 10|
|Products & Services||7.8 / 10|
|Brokerage Charges & Fees||8.1 / 10|
|Research & Advisory||8.2 / 10|
|Trading Platforms||8.1 / 10|
|Overall Ratings||8.0/ 10|
Exness Forex Trading – Conclusion or Verdict
Ultimately, you can make a clear decision.
Exness trading platform is undoubtedly a good choice.
Mainly if you trade in the forex market, you can expect high from this fantastic online broker.
But make sure you never skip reviewing the list of drawbacks before get-started.
Exness Review FAQs
Here is the list of FAQs related to the Exness Forex trading:
Is Exness safe for trading?
Exness is one of the safest online trading platforms because some highly-trusted regulators CySEC, FCA, FSA(SC), FSCA, keep their active eyes on Exness.
What is the commission for Exness?
Exness charges no commission. You can create a trading account for free.
How to open a trading account with Exness?
Opening a trading account with Exness is easy for mobile users.
Still, it is tricky for desktop users – especially if you are a newbie – account opening can be a bit hectic if you forget a few vital points.
Can I invest in cryptocurrency with Exness?
Yes, traders can invest in crypto-currency with Exness.
But make sure you consent to the terms and conditions and submit all the needed information before going ahead.
What leverage does Exness provide?
Exness provides you the leverage of 1:2000 that allows you to trade more at less.
Does Exness have a trading app?
Yes, Exness has a trading app that you can download from the Apple app store and play store based on the type of device you use.
How to contact Exness customer care?
You can connect with the Exness customer care team via live chat support or email address.
Is Exness regulated?
Exness is regulated by CySEC, FCA, FSA(SC), FSCA, which represent it as a trusted trading platform.
Is Exness suitable for beginners?
Of course, yes, Exness is suitable for beginners because it offers you scholarly sources and a demo account which is highly helpful for newbies.
Who founded Exness?
David Morris founded Exness’s online trading platform in 2008 that traders from worldwide love a lot.
Open a Forex Trading Account Now! – Fill up the Form
Learn everything about Forex Trading