Exness Review

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In an ever-evolving landscape of financial markets, choosing the right broker is paramount to your trading success. Stepping into the world of online trading, one encounters Exness, a seasoned forex and CFD broker that has been navigating the financial waters. Exness stands out for its impressive array of trading instruments, diverse platforms, and a range of account types meticulously tailored to cater to the distinct needs of traders. They claim to have a substantial client base and handle significant trading volumes, reflecting their established presence in the market. However, to make an informed choice about selecting Exness as your broker, it’s crucial to delve into aspects such as regulation, available platforms and tools, educational resources, market offerings, account choices, and funding methods. In this article, we will explore these factors, enabling you to assess whether Exness aligns with your trading preferences.

Summary

Exness

Exness, a seasoned forex and CFD broker with a track record dating back to 2008, has firmly established itself as a notable player in the financial markets. This brokerage prides itself on providing traders with an extensive array of trading instruments, diverse platforms, and a spectrum of account types, all carefully designed to cater to the unique preferences of individual traders. Among its standout features are the promise of instant withdrawals, complimentary VPS hosting, a wealth of historical price data, and a commitment to transparency evident in its comprehensive reports.

It’s worth noting that Exness places a premium on regulatory compliance, holding oversight from multiple authorities, including the FCA, CySEC, FSA, and FSCA. The asset offerings are equally diverse, encompassing forex, cryptocurrencies, metals, energies, stocks, and indices. Trading is facilitated through the trusted MetaTrader suite of platforms, supplemented by Exness’s own Exness Trade app and Exness Terminal.

For those seeking competitive spreads and high-leverage options, Exness delivers on these fronts. Additionally, the availability of swap-free and professional accounts caters to a broader spectrum of traders. However, it’s essential to be aware that Exness operates as a market maker broker, with market execution and typically no commissions on most accounts. While Exness offers a range of appealing features, as with any investment, there are inherent risks involved.

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Regulation

Exness stands as a broker of substantial repute, fortified by regulatory oversight from no less than eight esteemed authorities worldwide. Among these guardians of financial integrity are The Financial Conduct Authority (FCA) in the United Kingdom, proudly bearing the license number 730729, and The Cyprus Securities and Exchange Commission (CySEC), distinguished by license number 178/12. Further afield, The Financial Sector Conduct Authority (FSCA) in South Africa diligently watches over with registration number 2020/234138/07 and FSP number 51024.

The Seychelles Financial Services Authority (FSA) adds its weighty authority, marked by license number SD025, while The Central Bank of Curaçao and Sint Maarten (CBCS) underscores its commitment with license number 0003LSI. Notably, The Financial Services Commission (FSC) in the British Virgin Islands, bearing registration number 2032226 and investment business license number SIBA/L/20/1133, contributes to the global regulatory landscape.

Mauritius also joins the ranks, with The Financial Services Commission (FSC) lending oversight via registration number 176967 and Investment Dealer license number GB20025294. Finally, The Capital Markets Authority (CMA) in Kenya takes its place in this comprehensive regulatory ensemble, guiding Exness with license number 128.

Each of these regulatory bodies bestows its distinctive license number, registration number, or authorization number upon Exness, symbolizing a commitment to upholding the highest standards of financial integrity and transparency. While Exness proudly boasts regulatory oversight from multiple reputable authorities worldwide, it’s essential for potential traders to exercise prudence and diligence. Regulatory compliance is indeed a valuable hallmark of a trustworthy broker, but it does not eliminate all risks associated with trading.

Platforms & Tools

Exness provides a versatile array of trading platforms to accommodate the diverse needs of traders. The Exness Trade app, designed for mobile convenience, empowers traders to access their accounts, manage funds, execute trades, and harness analytical tools such as the economic calendar, trading signals, and market news.

Exness platform

On the web-based front, the Exness Terminal offers a hassle-free trading experience across multiple devices, featuring a user-friendly interface, advanced charting capabilities, and rapid execution.

For desktop enthusiasts, Exness presents two formidable options: MetaTrader 5 (MT5), an expansive platform offering a rich array of indicators, up to 21 timeframes, market depth insights, and versatile hedging and netting options; and MetaTrader 4 (MT4), renowned for its simplicity, reliability, and functionality, equipped with an extensive arsenal of technical analysis tools, custom indicators, expert advisors, and automated trading capabilities.

MT4 & MT5 Platforms

For those who prefer web-based access, the MetaTrader WebTerminal mirrors the features and functions of MT4 and MT5, allowing traders to engage with the markets seamlessly from any browser and operating system. Meanwhile, the MetaTrader mobile apps ensure traders can stay connected and make informed decisions on the go, with full access to the same features and functionality found in their desktop counterparts. Exness also offers a variety of tools to enhance the trading experience of its clients. Some of the tools that Exness provides are:

• Analytical Tools: Exness empowers traders with access to top-notch fundamental and technical analysis tools, providing the confidence to plan their trades effectively. These include the economic calendar, trading signals by Trading Central, market news by FXStreet, and TC Technical Analysis Indicator.
• Investment Calculator: A valuable tool that aids traders in calculating margin requirements, spread, swap rates, and potential profits or losses across various instruments and account types.
• Economic Calendar: Keeping traders informed, this tool offers real-time updates on high-impact news, market-moving economic events, and data releases, enabling traders to stay ahead of the curve.
• Currency Converter: Simplifying international trading, this tool allows traders to effortlessly convert between different currencies at current exchange rates.
• Tick History: Providing a wealth of historical price data at tick-level granularity across all instruments, enabling traders to conduct in-depth analysis.
• VPS Hosting: For uninterrupted trading, this service allows traders to run their trading robots or expert advisors on a remote server, ensuring seamless operation.
• Trading Central WebTV: Accessible in multiple languages, this web-based TV channel broadcasts live from the New York Stock Exchange, delivering valuable market commentary and trading insights from Trading Central, a respected investment research provider.

Education

Exness is dedicated to empowering traders with a wealth of educational resources aimed at enhancing their skills in the financial markets. Here’s an overview of the educational offerings you can find at Exness:

1. Exness Academy: A comprehensive online learning platform covering the fundamental aspects of trading, including technical and fundamental analysis, risk management, and trading psychology. The academy offers video courses, quizzes, and certificates—all accessible free of charge.
2. Exness Education YouTube Channel: A video channel featuring valuable insights, market outlooks, trading tips, tutorials, and live webinars conducted by experienced analysts and educators. It also provides concise videos explaining essential concepts and indicators in multiple languages.
3. Exness Blog: An informative blog that delivers insightful articles, guides, reviews, and news spanning various trading topics, from strategies, platforms, and tools to instruments, regulations, and market events.
4. Exness Social Trading: This social trading platform enables traders to replicate the trades of successful investors, gain insights into their strategies, and engage with them. It offers features such as leaderboards, a rating system, and performance analysis tools.
5. Exness Partner Program: Designed for those who refer new clients to Exness, this program offers rewards and provides partners with educational materials, marketing tools, and support to help them expand their network and income.

These educational resources collectively enrich the trading experience for both Exness clients and partners.

Markets

Exness presents a diverse array of trading markets, encompassing forex, cryptocurrencies, metals, energies, stocks, and indices, each offering unique opportunities for traders. This wide spectrum of markets covers various asset classes, regions, sectors, and themes, providing traders with the means to diversify their portfolios effectively. In the forex market, Exness facilitates trading in over 100 currency pairs, spanning majors, minors, and exotics, with competitive spreads and flexible leverage options. For crypto enthusiasts, the platform supports trading in over 20 cryptocurrencies, offering low commissions and swift execution. Those interested in precious metals like gold, silver, platinum, and palladium can access stable markets with low spreads and high leverage. Similarly, the dynamic energies market, featuring commodities like crude oil, natural gas, gasoline, and heating oil, is accessible with low commissions and high leverage. The extensive stock market section encompasses over 3,000 stocks from leading global companies, with low commissions and attractive leverage options. Furthermore, for those focusing on indices tracking various stock markets and sectors, Exness offers over 40 options with competitive spreads and flexible leverage. These diverse market offerings enable traders to tailor their strategies and explore a wide range of trading opportunities, all within the Exness platform.

Accounts

Exness offers a diverse selection of four account types, each thoughtfully tailored to cater to the varied needs, trading styles, and experiences of our valued clients:

1. Standard Account: Ideal for newcomers and casual traders, this basic account requires only a minimal deposit starting from just $1. It boasts zero commissions, accommodating variable spreads beginning at a mere 0.3 pips, and generous leverage options of up to 1:2000 for forex. For those with specific requirements, it also offers swap-free and cent account options, catering to Islamic and micro traders, respectively.
2. Pro Account: Crafted with seasoned and high-volume traders in mind, the Pro Account boasts low commissions starting from just $3.5 per lot for crypto. With tight spreads commencing at 0.1 pips and leverage options reaching up to 1:2000 for forex, it caters to those seeking a professional trading experience. Additionally, it extends support for swap-free and zero options, catering to Islamic and commission-free trading preferences, respectively.
3. Raw Spread Account: Perfect for scalpers and algorithmic traders seeking a competitive edge, the Raw Spread Account offers ultra-low commissions starting from $3.5 per lot, raw spreads from 0 pips, and impressive leverage options of up to 1:1000 for forex. It, too, accommodates the needs of Islamic and commission-free traders with its swap-free and zero options.
4. Zero Account: An exclusive offering designed specifically for Exness partners and their referrals, the Zero Account stands out with its unique features. It features zero commissions, zero spreads, and substantial leverage options of up to 1:1000 for forex, providing a distinct advantage. Furthermore, it is designed to meet the requirements of Islamic traders, offering a swap-free option.

Funding

Exness takes pride in offering a wide array of convenient and secure funding options, ensuring seamless deposit and withdrawal processes for its valued clients. These options encompass:

• Bank Cards: Clients can swiftly and cost-effectively fund their accounts using Visa or Mastercard bank cards, with a minimum deposit requirement of just $3 and a minimum withdrawal threshold of $6.
• Electronic Payment Systems: For added flexibility, Exness supports renowned electronic payment systems such as Skrill, Neteller, WebMoney, Perfect Money, and more. These methods allow instant transfers without incurring fees, although specific minimum deposit and withdrawal amounts may vary based on the chosen system.
• Cryptocurrencies: Embracing the rise of digital currencies, Exness facilitates funding through cryptocurrencies like Bitcoin, Ethereum, Tether, and others. With processing times as swift as 15 minutes and zero fees, clients can enjoy the benefits of cryptocurrencies, although minimum deposit and withdrawal amounts differ depending on the selected cryptocurrency.
• Bank Transfers: Clients seeking reliable international or local bank transfers can utilize this method, with funds typically arriving within 3-5 business days and at a nominal cost. The minimum deposit and withdrawal thresholds vary in accordance with the chosen bank.

Conclusion

In summary, Exness emerges as a competitive choice in the realm of online trading. With a rich array of markets spanning forex, cryptocurrencies, metals, energies, stocks, and indices, it offers diverse opportunities for traders to explore and diversify their portfolios. Moreover, Exness’ flexible account types cater to both beginners and experienced traders, allowing for a tailored approach to suit individual preferences. The range of funding options, from bank cards and electronic payment systems to cryptocurrencies and bank transfers, enhances accessibility and convenience for clients.

However, it’s worth noting that while Exness offers strong features, there are other brokers with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading broker reviews.

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Exness is a forex and CFD broker that offers a wide range of trading instruments, platforms, and account types to suit different traders’ needs. The broker boasts of its instant withdrawals, free VPS hosting, comprehensive price history, and transparent reports.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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