EXNESS

Exness is a trusted global forex broker operating in over 170 countries, offering a wide range of trading instruments, including currencies, commodities, and cryptocurrencies. Executing over 300,000 trades daily and maintaining a monthly trading volume of more than $1 trillion, Exness is recognized for its high liquidity and commitment to transparency. The broker is regulated by leading financial authorities such as CySEC, FCA, FSCA, and FSA, ensuring strict compliance with international financial standards. In this review, we’ll take a closer look at Exness’ services to provide a clear picture of what this broker truly offers.

Pros and cons of Exness

What type of broker is Exness？

Founded in 2008 in St. Petersburg, Russia, Exness has grown into a leading forex broker now headquartered in Cyprus. The company operates under the regulation of several top-tier authorities, including the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Financial Services Authority (FSA) of Seychelles.

Exness operates as a Market Maker (MM) broker, meaning it acts as the counterparty to its clients’ trades rather than connecting them directly to the interbank market. This model allows Exness to provide faster trade execution, tighter spreads, and more flexible leverage options. However, it also introduces a potential conflict of interest, as the broker’s revenue is derived from the bid-ask spread and trading activity, which could, in some cases, create incentives that are not fully aligned with the trader’s best interests.

Is Exness Trustworthy?

Yes, Exness is a legitimate broker regulated by four financial authorities across different regions: the FCA in the United Kingdom, CySEC in Cyprus, FSCA in South Africa, and FSA in Seychelles.

The company is closely monitored by these regulatory bodies to ensure compliance with strict rules and guidelines, maintaining a fair financial market and safeguarding the interests of its clients.

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	FCA	Regulated	Exness (UK) Ltd	Institution Forex License	730729
	CYSEC	Regulated	Exness (Cy) Ltd	Market Making (MM)	178/12
	FSCA	Regulated	EXNESS ZA (PTY) LTD	Retail Forex License	51024
	FSA	Offshore Regulated	Exness (SC) Ltd	Retail Forex License	SD025

Market Instruments

Exness provides a wide selection of CFD trading products, including forex, commodities, stocks, indices, and cryptocurrencies. Traders can access these markets through the well-known MetaTrader 4 (MT4) and its upgraded version, MetaTrader 5 (MT5), both of which offer advanced customization options and a comprehensive suite of technical analysis tools. In addition, Exness offers its proprietary platforms — the Exness Terminal and the Exness Trade app — for a seamless and user-friendly trading experience.

Exness Minimum Deposit

To start trading with a small investment, traders can choose a Standard Cent account, which requires a minimum deposit of only $10. This account type offers access to the smallest trade size, known as a cent lot, allowing beginners to start trading various instruments with minimal capital.

However, the exact minimum deposit may vary depending on factors such as the chosen account type, deposit method, regional regulations, and market conditions.

Compared to many other brokers that set their minimum deposits at $100 or higher, Exness’s $10 minimum deposit is notably low, making it one of the more accessible options for new traders.

Exness Account Types/Fees

Apart from risk-free demo accounts, Exness offers standard and professional accounts. The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.

The Pro account is an account that can meet the needs of experienced traders. It features ultra-low spreads, even without spreads. Its execution is suitable for scalpers, day traders and algorithmic traders. The professional account has a minimum deposit of $200.