Exness

Exness Group is a brokerage dealing in multiple assets, comprising organizations or companies that purchase and sell financial assets. Its domain of financial instruments includes trading tools like CFD on Crypto, Forex, and metals, alongside several others.

Regulation

A brokerage meets strict rules and get permission from organizations in different countries where it  operates, including:

• Financial Services Authority (FSA) –  Seychelles
• Cyprus Securities and Exchange Commission (CySEC) – Cyprus
• Financial Conduct Authority (FCA) – United Kingdom
• Financial Sector Conduct Authority (FSCA) – South Africa
• Central Bank of Curacao and Sint Maarten (CBCS) – Curacao
• Financial Services Commission (FSC) – British Virgin Islands
• Capital Markets Authority (CMA) – Kenya
  

Countries of presence

Exness operates in over 150 countries. 

Awards

Exness has received many awards for its excellent customer service. It was the first broker to trade more than $1 trillion and $2 trillion per month. The company has been recognized with awards such as

“Best Customer Support” – Financial Markets Expo, Cairo, 2021 

• “Premium Loyalty Program Award” – Financial Markets Expo, Cairo, 2021
• “Most Innovative Broker” – Dubai Expo, 2021 
• “Most People-Centric Broker” – Traders’ Summit, 2021
• “Global Broker of the Year” – Traders’ Summit, 2021

Trading Platforms

Exness offers a few different options for trading: the Exness Trading Terminal, which can be used on both desktop and mobile devices, and the more advanced MT4 and MT5 platforms. The Exness terminals have lots of useful tools for analyzing charts and data, but they can only be used for manual trading. The MT4 platform is popular for automated trading and has many add-ons available, while MT5 includes built-in copy trading features. Exness doesn’t charge any management fees and you can open an account for free, although deposits will range from $10 to $200 depending on the account. 

Trading accounts

Exness provides many kinds of trading accounts to fit different trading styles. There are generally two categories: Standard and Professional accounts. Each type comes with its own benefits and drawbacks, such as fees and maximum trading amount.

Standard Accounts

• Standard
• Standard Cent

This account type is suitable for beginner and intermediate traders who prefer lower risk and simpler trading conditions.

Professional Accounts

• Pro
• Zero
• Raw Spread
  

Professional accounts are suitable  for experienced traders who have a proven track record and are looking for more advanced trading conditions. The Exness professional account offers higher leverage, lower spreads, and the ability to use expert advisors (EAs). Professional accounts require a minimum deposit of $200.

Trading Instruments

Exness offers a variety of assets for trading, including Forex, Metals, Cryptocurrencies, Energies, Indices, and Stocks. There are 97 currency pairs available for Forex traders, while the Metals category includes Silver, Palladium, Platinum, and Gold. The Cryptocurrencies section features 35 different cryptos with leverage up to 1:400 and 24/7 trading availability. For Energies, traders can choose from Crude Oil, Crude Oil Brent, and Natural Gas. The Indices category includes Dow Jones Industrial Average, FTSE 100, and S&P 500, among others. Finally, the Stocks section includes popular choices such as Google, Tesla, AliBaba, Amazon, and Intel.

Exness offers some of the most competitive spreads in the industry. The broker uses a proprietary price aggregator to ensure its spreads remain tight, even in volatile markets. Additionally, Exness does not charge any commission fees on trades.

Also it offers flexible leverage options, allowing clients to choose what works best for them. The maximum leverage is 1:Unlimited (if eligible), which is one of the highest in the industry.

Registration process

It’s easy and fast to make an Exness account – it only takes a few minutes. You need to go to their website and click “Open Account”. Enter your info like your email and where you live, and make a password. You can also link your account to a partner if you want. Then click “Continue” and you’re done! Once you have an account, you can make a trading account too. Just go to your account page and click “Open New Account”. Choose the type of account you want, set some settings like your password and currency, and you’re done.

Verification

It’s easier to verify your Exness profile using the Exness Trade app. It will take several steps.

You need to verify your phone number by entering it and then entering the verification code you receive. After that fill in your personal information, like your name and address. Complete your Economic Profile by answering some questions about your income and trading experience. Verify your Identity by uploading a government-issued document like your ID. Make sure it meets the requirements and is clear and readable. Also verify your Residence by uploading a document like a utility bill that shows your name and address. Again, make sure it meets the requirements.

Deposits and withdrawals

Traders can get a withdrawal from 1 $ within 24 hours. Exness offers flexible payment options in local currencies, including the world’s most popular payment systems, e-wallets, and crypto wallets.

Support

Dedicated support is available 24 hours a day, 7 days a week and speaks 16 languages.

Promo & Bonuses

Exness does not provide any sign-up bonus for new traders. This is because Exness does not offer any bonus programs as they do not align with the company’s core values. However, they may occasionally provide rewards based on specific campaign conditions.

Affiliate program

Exness has more than 20 000 active partners and offers two flexible partner programs to choose from: CPA и CPL.

Training

The broker is constantly sharing experience and knowledge about all aspects of trading the most popular derivatives. Traders can get knowledge about all aspects of trading in the Exness online academy, articles and videos.