When seeking a broker that combines innovation, reliability, and trader-centric features, Exness stands out as an exceptional choice. With a strong emphasis on transparency and user-friendliness, Exness caters to traders of all levels. This review will delve into the key aspects of Exness, shedding light on its unique advantages and why it’s a preferred option among traders. With nearly 100 Forex pairs to trade, and a decent range of cryptos and hard commodities like metals and energies we were impressed. However, we would have liked to have seen more and they have seen more shares, indices, and ETFs available.

Exness aims to offer traders a comfortable trading environment by providing deposit and withdrawals with 0% commission. The firm offers trading services in various financial instruments such as forex, commodities, metals, cryptocurrencies, CFDs, among others. Exness offers unlimited leverage, which for better or worse, is a clear differentiator that sets it apart from many other forex brokers. Overall, we think Exness offers reasonably competitive spreads, a good range of account options, diverse funding methods which include cryptocurrencies, and a decent education. Exness provides trading services through the MetaTrader 4 platform due to its convenient and functional nature.

  1. Its strong regulation, comprehensive range of trading instruments, and user-centric approach position it as a valuable partner in the trading journey.
  2. The Exness terminal is built using HTML5 which ensures the browser loads fast and is secure thanks to advanced encryption.
  3. Not only can you choose between 3 quality trading platforms they also have a good social trading app that avoids the generic offering many brokers are creating.
  4. Opening an account with Exness is relatively straightforward and entails the usual steps.
  5. We also think unlimited leverage is pretty crazy and opportunistic from the broker.
  6. Whether you are a novice looking to test strategies with smaller volumes or an experienced trader seeking ultra-low spreads, Exness provides a range of options to enhance your trading experience.

Exness offers fairly competitive spreads on their RAW account with spreads starting from as low as 0 pips for certain major pairs like EUR/USD. On their Zero account, they have zero pip spreads for the top 30 currency pairs 95% of the time however, you will be charged commissions on both types of accounts in addition to the spread. When it comes to trading platforms, Exness has its own proprietary Terminal which combines with TradingView giving you a good range of analytical tools and order types in addition to MetaTrader 4 and Metatrader 5. The brokers also have an in-house developed App for trading and a separate one for social trading. To enhance decision-making further, Exness may offer comparative analysis tools, allowing traders to compare the performance of different assets and select those best suited to their strategies.

Account Opening

It’s available for both iOS and Android, it has all the features you would expect of a mobile trading app. That is one-click trading and charts designed for the small screen, unsurprising the analytic tools are a bit more limited compared to the web version. The mobile version comes with TradingView charts integrated which is good especially as you can receive signals that TradingView will curate for you.

This can be explained by the fact that Exness used to offer trading services in these markets but has since left the UK and EU to focus on emerging markets. For this reason, we have a hard time recommending this broker just because for safety reasons we feel a responsibility to only recommend brokers using top regulators. Overall, Exness’ flexible deposit and withdrawal options contribute to a user-friendly experience, allowing traders to efficiently manage their funds. The broker’s efforts to minimize fees make it a favorable choice in this regard.

Empowering Traders

These start from USD 0.2 per (0.4 round-turn) a lot but vary depending on the instrument you’re trading. It’s important to note that both the open and close commission is bundled together when the position is first opened. Minimum order sizes start from 0.1 lots and the account is integrated with both MetaTrader4 and MetaTrader 5, there’s also a greater number of account currency types to choose https://xcritical.pro/ from. We asked their support team about security and they advised that your funds are always segregated from the company’s own funds for protection and that each transaction is verified via your chosen security type. In January 2023, Exness claimed to have 490,000 active traders, up 63% over a year. They also stated that active clients had increased by 12% from 440,000 in December 2022.

Products on offer

As an aside, my colleague also tried to test using the Australian Google Store and the Exness app does not xcritical courses scam show which makes sense. There is no mention of guaranteed stop order fees in the provided information.

We have compared Exness to other brokers including IC Markets in our head-to-head tables. The MetaTrader 5 trading platform unlike MetaTrader 4, enables share trading so it is a better choice if you wish to access the entire suite of trading products Exness offers. In fact, MetaTrader 5, is an upgrade on MetaTrader 4 meaning it is superior in every way. If you wish to know, see our deep dive for the differences between MetaTrader 4 and MetaTrader 5 to help you decide.

This regulatory advantage brings Exness directly under the MiFID regulation, which allows the company to provide brokerage services in any EU-member country. Exness offers efficient customer support services tailored to traders’ needs. They provide support during standard and extended hours to accommodate various time zones. Multi-channel support options, including live chat, email, and phone, cater to diverse communication preferences.

Exness offers mobile trading apps, as well as MT4 and MT5 for both Android and iOS devices. These apps grant traders the flexibility to access their accounts, execute trades, and monitor market developments while on the move. The firm does not delay in responding to their clients’ needs and complaints.

The customer support representatives take the trouble of doing everything necessary to ensure that customers are not only satisfied but get the best of services. Besides, the company’s reputation as an old timer with high trade volume goes a long way in boosting client confidence. Also, Exness is regulated in several locations and by some of the world’s most popular regulatory bodies in CySEC and the FCA. There’s not much that can be improved upon with this company bar the seemingly lack of innovative drive. MetaTrader 4 is the world’s most popular trading platform, so is a safe choice when it comes to Forex trading platforms.

You can also automate your trading or create custom indicators using Expert Advisors. It is also Signals software so you can copy trade using MetaTrader signals. Exness offers various trading platforms including their own proprietary Exness Terminal and the Exness Trade app.