Exness review

Spread from

0.0 pips

EUR/USD spread

Approx. 0.9 pips, Standard

GBP/USD spread

Approx. 1.1 pips, Standard

Commission

Up to $3.50 per side / $7 round turn, Raw Spread

All-in cost, EUR/USD

Approx. 0.7 pips, Raw Spread

Spread type

Variable

Overnight swap

Both; overnight swaps can be charged or credited, with swap-free trading available

Deposit fee

Generally none; fees may apply to specific payment methods

Withdrawal fee

Generally none; method-specific charges may apply

Currency conversion

Conversion at applicable exchange rate

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Exness lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices

Currency pairs

100+

Total instruments

250+

Crypto CFDs

Yes

Maximum leverage

1:~

Execution model

Market maker / principal

Execution speed

Millisecond execution

Order types

Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop

Servers

Global financial data-centre infrastructure

Exness covers forex, metals, cryptocurrencies, energies, stocks, indices. A wider range matters less than depth in the instruments you actually trade.

Funding options: bank cards, bank transfer, e-wallets, cryptocurrency and extensive regional/local payment systems. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade

Own platform

Yes, Exness Terminal

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes, MT4/MT5 Expert Advisors and algorithmic trading

Copy trading

Yes, Exness Social Trading

Indicators

100+ through Exness Terminal/TradingView; MT4/MT5 indicators and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5, TradingView charting, Trading Central, FXStreet

API access

Yes

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

Seychelles FSA (SD025); FSCA South Africa; CySEC; FCA; CBCS Curacao (0003LSI); BVI FSC (SIBA/L/20/1133); Mauritius FSC; Kenya CMA; Jordan JSC; UAE CMA; Belize FSC

Regulator tier

Tier 1

Register entry

Seychelles FSA Securities Dealer Register, licence SD025

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme for Exness (SC) Ltd retail clients

Audited by

Independent external auditors

Not available to

United States, United Kingdom, European Economic Area retail market and various sanctioned/restricted jurisdictions

Across a hundred brokers, the licence is what separates the field fastest.

Exness holds tier-one authorisations from FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.

Client money is held separately from the firm's own money, at Regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by No statutory investor compensation scheme for Exness (SC) Ltd retail clients, which pays eligible clients up to its limit if the firm fails owing client money.

Check the licence yourself: the Seychelles FSA list of regulated entities, the FSCA list of regulated entities, the CySEC register of investment firms, the FCA Register, the Mauritius FSC register of licensees.

Minimum deposit

$10

Account types

Standard, Standard Cent, Pro, Zero, Raw Spread, Social Standard, Social Pro, Demo

Account currencies

USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY, SGD, HKD and numerous regional currencies

Islamic account

Yes

Demo account

Yes

Professional account

Yes: Pro, Zero and Raw Spread

Minimum trade size

0.01 lots

Time to open

Approximately 3 minutes

Exness runs 8 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY, SGD, HKD and numerous regional currencies. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Bank cards, bank transfer, e-wallets, cryptocurrency and extensive regional/local payment systems

Withdrawal methods

Bank cards, bank transfer, e-wallets, cryptocurrency and supported local payment systems

Deposit time

Many methods instant; otherwise generally processed within 24 hours

Withdrawal time

Many withdrawals instant; otherwise generally processed within 24 hours

Minimum withdrawal

From $1, payment-method dependent

Local payment methods

Extensive country-specific bank transfers, mobile money, e-wallets and regional payment systems

Withdrawals are stated at Many withdrawals instant; otherwise generally processed within 24 hours, against Many methods instant; otherwise generally processed within 24 hours for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank cards, bank transfer, e-wallets, cryptocurrency and supported local payment systems. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is From $1, payment-method dependent - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

24/7

Contact channels

Live chat, Support Hub/ticket, Help Centre

Languages

14+ languages

Telephone

N/A

Email

support@exness.com

Live chat response

Typically under 2 minutes

Education

Extensive: educational articles, trading guides, platform tutorials, webinars and trading education

Research

Trading Central, FXStreet market news, market analysis, trading calculators and analytical tools

Support runs 24/7. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, support hub/ticket, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: 14+ languages. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: educational articles, trading guides, platform tutorials, webinars and trading education. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

Exness (SC) Ltd

Company number

8423606-1

Headquarters

Limassol, Cyprus

Founded

2008

Publicly listed

No

Parent company

Exness Group

Employees

2,000+

Also trades as

Exness

Exness has been trading for around 18 years, through at least one full market cycle. Longevity guarantees nothing on its own, but a firm that came through 2008 and 2015 has been tested in a way a recent entrant has not.

The contracting entity is Exness (SC) Ltd. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of Exness Group. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.