Exness Broker Review: In-Depth Evaluation for 2025
Choosing the right broker requires thorough analysis. At our core, we evaluate brokers based on key criteria including trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, variety of instruments, education, and research tools. With hands-on testing and real market use, our ratings are grounded in real trader experience to help you decide with confidence.
We rate brokers based on both quantitative and qualitative benchmarks. Each section below contains a breakdown of how Exness performs in 2025, from platform usability to real trading costs, ensuring you get an honest and informed perspective.
๐ข Our Take on Exness
Established in 2008 and headquartered in Limassol, Cyprus, Exness has grown into a globally recognized multi-asset broker. It provides access to CFD trading on currencies, indices, commodities, shares, and cryptocurrencies via MetaTrader 4 (MT4), MetaTrader 5 (MT5), the proprietary Exness Terminal, and the Exness Trade App.
Exness has built a reputation for transparency, innovative trading conditions, and fast fund withdrawals. With over 400,000 active clients globally and monthly trading volumes exceeding $3 trillion, Exness has positioned itself as a top-tier choice for retail and professional traders alike.
โ Exness Strengths
Extensive Range of Currency Pairs
Exness offers over 90 currency pairs, including major, minor, and exotic pairs. This is one of the broadest selections available in the industry, giving traders more opportunities to diversify their strategies across global markets.Variety of Account Types with Raw Spreads
Exness provides multiple account types to cater to different trader profiles, including Standard, Cent, Pro, Raw Spread, and Zero accounts. Professional accounts offer raw spreads starting from 0.0 pips, ideal for scalpers and algorithmic traders.Zero Deposit and Withdrawal Fees
Exness does not charge any fees for deposits or withdrawals, making it cost-efficient for frequent fund transfers. However, traders should be aware that some third-party providers (e.g., banks or wallets) may still apply their own charges.24/7 Multilingual Customer Support
Support is available around the clock in 13+ languages through live chat and email, ensuring traders across time zones get timely assistance.Free VPS Hosting and Social Trading
For eligible traders, Exness offers free VPS hosting that supports uninterrupted algo trading. Additionally, their Social Trading platform allows clients to copy top-performing traders or earn by sharing their own strategies.Extremely High Leverage for Experienced Traders
Exness offers flexible leverage options, including up to 1:Unlimited for accounts under $1,000 (under certain conditions), allowing traders to maximize potential returns while managing their risk accordingly.Fast and Automated Withdrawals
The brokerโs automated withdrawal system allows most transactions to be completed in under 24 hoursโsignificantly faster than industry averagesโimproving cash flow and accessibility for active traders.
โ ๏ธ Exness Limitations
Restricted for Retail Clients in Europe and the UK
Due to regulatory changes, Exness no longer serves retail clients in the EU and UK. This limits access for some users who would otherwise benefit from its advanced trading features.Uneven Regulatory Oversight Across Entities
While Exness is regulated by top-tier authorities (FCA, CySEC), some of its entities operate under offshore regulators, which may offer fewer protections for clients depending on their jurisdiction.Wider Spreads on Standard Accounts
The Standard account can have spreads that are slightly wider than the industry average during volatile market conditions. Traders seeking lower-cost trading should consider the Raw or Pro account instead.Limited Range of Stock CFDs
Compared to competitors, Exness offers a relatively small number of stock CFDs. This may be a limitation for traders focused on equity markets, although the broker shines in forex and crypto offerings.
Exness Video Review
๐ธ Regulatory Oversight and Trust
Exness is a multi-regulated global broker with seven licensed entities operating under different financial authorities. Two of these entities are regulated by Tier-1 authorities (the FCA in the UK and CySEC in Cyprus), which are widely regarded as the most reputable regulators in the financial world.
Other entities operate under Tier-2 and Tier-3 regulators, offering varying levels of oversight and trader protection. Regardless of jurisdiction, Exness ensures a baseline of safety across all entities, including:
- Segregation of client funds from the companyโs operational capital
- Negative balance protection to prevent clients from losing more than their deposits
- Membership in the Financial Commission, offering compensation up to โฌ20,000 per case
- Transparent reporting of financial data including withdrawals, trading volume, and client activity
- Over 16 years of experience in the trading industry with proven stability
Exness also stands out by publishing real-time statistics such as total client withdrawals, active users, and monthly trading volume, which enhances overall transparency and trustworthiness.
Entity | Country | Regulator | Tier | Compensation |
---|---|---|---|---|
Exness (UK) Ltd. | UK | FCA | 1 | FSCS (ยฃ85,000) |
Exness (Cy) Ltd. | Cyprus | CySEC | 1 | ICF (โฌ20,000) |
Exness (SC) Ltd. | Seychelles | FSA | 3 | FinComm (โฌ20,000) |
Exness ZA | South Africa | FSCA | 2 | FinComm (โฌ20,000) |
Exness (VG) Ltd. | British Virgin Islands | FSC | 3 | FinComm (โฌ20,000) |
Exness B.V. | Curacao | CBCS | 3 | FinComm (โฌ20,000) |
Exness KE Ltd. | Kenya | CMA | 2 | FinComm (โฌ20,000) |
Exness Main Features
๐ Regulations | CySEC (Cyprus), FSCA (South Africa), BVI FSC (Virgin Islands, British), CMA (Kenya), FCA (United Kingdom), FSA (Seychelles) |
๐ Supported Languages | Korean, English, Urdu, Russian, Hindi, French, Indonesian, Portuguese, Thai, Arabic, Spanish, Bengali, Chinese, Japanese, Vietnamese |
๐ฐ Products | Currencies, Stocks, Crypto, Indices, Commodities |
๐ต Min Deposit | $0 |
๐ Max Leverage | 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BVI FSC), 1:2000 (CMA), 1:30 (FCA), 1:500 (FSA) |
๐ Trading Desk Type | Market Maker |
๐ฅ Trading Platforms | MT5, MT4, Exness Terminal |
๐ณ Deposit Options | PerfectMoney, Wire Transfer, Skrill, Neteller, Credit Card |
๐ธ Withdrawal Options | Neteller, Skrill, PerfectMoney |
๐ฎ Demo Account | Yes |
๐ Foundation Year | 2008 |
๐ Headquarters Country | Cyprus |
Entity Features of Exness
Entity Features | Exness (UK) Ltd. | Exness (Cy) Ltd. | Exness (KE) Limited | Exness ZA (Pty) Ltd. | Exness (SC) Ltd. | Exness (VG) Ltd. | Exness B.V. |
---|---|---|---|---|---|---|---|
Country/Region | United Kingdom | European Union | Kenya | South Africa | Seychelles / Global | British Virgin Islands / Global | Curaรงao and Sint Maarten / Global |
Regulation | FCA | CySEC | CMA | FSCA | FSA | FSC BVI | CBCS |
Tier | 1 | 1 | 2 | 2 | 3 | 3 | 3 |
Segregated Funds | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Negative Balance Protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Compensation Scheme | FSCS Up to ยฃ85,000 | ICF Up to โฌ20,000 | Financial Commission, up to โฌ20,000 per client | Financial Commission, up to โฌ20,000 per client | Financial Commission, up to โฌ20,000 per client | Financial Commission, up to โฌ20,000 per client | Financial Commission, up to โฌ20,000 per client |
Maximum Leverage (Standard Account) | 1:2000* | 1:2000* | 1:400 | 1:2000* | 1:2000* | 1:2000* | 1:2000* |
๐ก๏ธ Exness Regulators โ Global Regulatory Oversight Explained
As a multi-jurisdictional broker, Exness operates under the supervision of several financial authorities around the world. Each Exness entity is registered and authorized by a specific national regulator, which ensures that it complies with legal standards for client protection, operational integrity, and financial transparency.
Understanding the level of regulatory oversight is essential for any trader. Exness holds licenses from Tier-1, Tier-2, and Tier-3 regulatory bodies, providing clients a choice of entities based on their country of residence and risk appetite. Below is a detailed overview of each entity and its corresponding regulatory body:
๐ฌ๐ง Exness (UK) Ltd โ United Kingdom
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Regulator: Financial Conduct Authority (FCA)
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Register Number: 730729
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Regulatory Tier: โ โ โ โ โ (Tier-1 โ Highest trust level)
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Key Benefits:
FCA regulation is among the most respected globally. It ensures strict segregation of client funds, mandatory participation in the FSCS compensation scheme (up to ยฃ85,000), and full transparency in business operations. However, Exness no longer serves retail clients in the UK under this entity.
๐จ๐พ Exness (Cy) Ltd โ Cyprus
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Regulator: Cyprus Securities and Exchange Commission (CySEC)
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License Number: 178/12
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Regulatory Tier: โ โ โ โ โ (Tier-1)
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Key Benefits:
CySEC is the primary financial regulator in the EU, offering protection under the Investor Compensation Fund (ICF) up to โฌ20,000. The regulation also requires periodic audits, secure fund segregation, and transparent terms of service.
๐ฐ๐ช Exness (KE) Ltd โ Kenya
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Regulator: Capital Markets Authority (CMA)
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License Number: 162
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Regulatory Tier: โ โ โ โโ (Tier-2)
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Key Benefits:
The CMA oversees financial services in Kenya and enforces investor protection rules. While not as globally prominent as Tier-1 regulators, it is one of the more progressive African regulators and ensures Exness complies with regional standards.
๐ฟ๐ฆ Exness ZA (Pty) Ltd โ South Africa
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Regulator: Financial Sector Conduct Authority (FSCA)
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FSP Number: 51024
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Regulatory Tier: โ โ โ โโ (Tier-2)
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Key Benefits:
FSCA is a well-regarded regulator for financial services in Africa. It requires Exness to maintain sufficient liquidity, segregate client funds, and provide fair market practices. Clients under FSCA can access leverage up to 1:500.
๐ธ๐จ Exness (SC) Ltd โ Seychelles
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Regulator: Seychelles Financial Services Authority (FSA)
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License Number: SD025
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Regulatory Tier: โ โ โโโ (Tier-3)
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Key Benefits:
While less stringent than Tier-1 regulators, the FSA permits more flexible trading conditions like higher leverage (up to 1:2000 or even 1:Unlimited under certain conditions). This entity is often preferred by professional traders seeking greater trading freedom.
๐ป๐ฌ Exness (VG) Ltd โ British Virgin Islands
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Regulator: Financial Services Commission (FSC BVI)
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Registration Number: 2032226
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License Number: SIBA/L/20/1133
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Regulatory Tier: โ โ โโโ (Tier-3)
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Key Benefits:
This offshore entity offers extremely high leverage and fewer trading restrictions, making it attractive to high-risk traders. However, it lacks the same investor protections found in Tier-1 jurisdictions.
๐จ๐ผ Exness B.V. โ Curaรงao and Sint Maarten
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Regulator: Central Bank of Curaรงao and Sint Maarten (CBCS)
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License Number: 0003LSI
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Regulatory Tier: โ โ โโโ (Tier-3)
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Key Benefits:
CBCS regulation allows global access with flexible terms. Like other offshore entities, this license offers wide market access and high leverage options, though investor protections are more limited.
๐ Summary of Regulatory Benefits Across Entities:
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Segregated Client Funds: Enforced in all jurisdictions
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Negative Balance Protection: Available under all Exness entities
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Compensation Scheme: Available in FCA, CySEC, and via Financial Commission membership (up to โฌ20,000)
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Leverage Options: Range from 1:30 (EU/UK) up to 1:Unlimited (FSA/BVI/CBCS entities)
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Jurisdiction-Specific Features: Vary based on residency and registration entity
๐ฐ Exness Trading Fees Overview
Trading fees play a critical role in the overall profitability of a trader. At Exness, fee structures are transparent, and the broker offers a mix of competitive spreads, zero-swap policies, and zero deposit/withdrawal charges, depending on the account type and entity.
๐ Live Spread Test Results
We conducted a live test on March 6, 2024, during both the London open and post-New York open โ periods known for high liquidity and optimal spreads. Below are the results compared to the industry average:
Instrument | Live Spread AM | Live Spread PM | Industry Average |
---|---|---|---|
EUR/USD | 1.0 pip | 1.0 pip | 1.08 pips |
GBP/JPY | 2.5 pips | 2.5 pips | 2.44 pips |
Gold | 20 cents | 20 cents | 42 cents |
WTI Oil | 2.8 cents | 2.8 cents | 20 cents |
Dow 30 | 7.5 pips | 7.7 pips | 3.3 pips |
DAX 40 | 5.7 pips | 5.8 pips | 2.4 pips |
Apple | n/a | 9 cents | 33 cents |
Tesla | n/a | 10 cents | 50 cents |
Bitcoin | $78.15 | $71.92 | $35.50 |
๐ Swap Fees
Exness applies a no-swap policy on most instruments, including major forex pairs, cryptocurrencies, major indices, and gold. This is a key advantage for swing traders and those holding positions overnight, helping reduce long-term trading costs.
๐ซ Non-Trading Fees
Exness does not charge any deposit or withdrawal fees, although third-party providers such as payment gateways or banks may apply their own charges. While Exness typically does not impose inactivity fees, these may apply under specific inactivity conditions defined in the brokerโs terms.
๐ Final Verdict: Are Exness Fees Competitive?
- โ Competitive spreads in gold and energy instruments
- โ No swap fees for most tradable assets
- โ Zero deposit and withdrawal fees from Exness itself
- โ Some spreads are wider in standard accounts, especially for indices and crypto
- โ ๏ธ Commission may apply in professional accounts depending on the asset
Overall, Exness offers an attractive fee structure for both beginners and professionals, especially when using Raw Spread or Zero accounts.
๐ Tradable Instruments at Exness
Exness shines in tradable instruments with a wide range of currency pairs, commodities, indices, shares, and cryptocurrencies. These include CFDs in both spot and future markets. Forex traders in particular benefit from an exceptional selection of pairs, making it a strong choice for diversified trading strategies.
Instrument | Number | Type |
---|---|---|
Forex Pairs | 96 | Major, Minor, Exotic |
Commodities | 18 | Metals, Energies, Softs |
Indices | 10 | Global Indices |
Stocks | 93 | Global Exchanges |
Cryptocurrencies | 10 | Major, Minor, Crosses |
Exness performs above average in nearly all asset classes, particularly in forex and crypto. There remains some room for improvement in the stock CFD segment, where expanding the selection of global equities could enhance overall competitiveness.
๐ณ Exness Deposit Methods
Method | Limits | Fees | Processing Time |
---|---|---|---|
Bank Card | 10โ10,000 USD | 0% | 30 Minutes |
Neteller | 10โ50,000 USD | 0% | 30 Minutes |
Perfect Money | 10โ100,000 USD | 0% | 30 Minutes |
Skrill | 10โ100,000 USD | 0% | 30 Minutes |
The range of funding methods is strong, and processing times are fast.
๐ธ Exness Withdrawal Methods
Method | Limits | Fees | Processing Time |
---|---|---|---|
Neteller | 4โ10,000 USD | 0% | 1 Day |
Perfect Money | 2โ100,000 USD | 0% | 1 Day |
Skrill | 10โ12,000 USD | 0% | 1 Day |
There is a good range of available methods, and withdrawal processing times are faster than the industry average.
Unlike many brokers, Exness does not charge for withdrawals (some payment providers may apply their own fees), including bank wire transfers.
Exness Account Types and Their Benefits
Exness offers a variety of account types tailored to different experience levels. For beginners, the Standard Cent account allows you to trade with micro-lots using a cents-based currency. The Standard account suits general traders with tight spreads and no commissions.
Feature | Standard | Standard Cent |
---|---|---|
Minimum deposit | Depends on payment system | Depends on payment system |
Spread | From 0.2 pips | From 0.3 pips |
Commission | No | No |
Maximum leverage | 1:Unlimited | 1:Unlimited |
Instruments | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals |
Max positions | Unlimited | 1000 |
Margin call | 60% | 60% |
Stop out | 0% | 0% |
Swap-free | Available | Available |
For more experienced traders, Exness offers Raw Spread, Zero, and Pro accounts with tighter spreads and low commissions.
Feature | Pro | Zero | Raw Spread |
---|---|---|---|
Minimum deposit | $200 | $200 | $200 |
Spread | From 0.1 pips | From 0 pips | From 0 pips |
Commission | No | From $0.05/lot side | Up to $3.50/lot side |
Maximum leverage | 1:Unlimited | 1:Unlimited | 1:Unlimited |
Instruments | All instruments | All instruments | All instruments |
Max positions | Unlimited | Unlimited | Unlimited |
Margin call | 30% | 30% | 30% |
Stop out | 0% | 0% | 0% |
Swap-free | Available | Available | Available |
Account Opening Process
To open an account with Exness Seychelles entity, clients only need to confirm their country of residence, email address, and phone number. The process is entirely digital and typically takes under 10 minutes.
Understanding Leverage
Exness offers extremely high leverage options, with a default leverage of 1:2000 on the Seychelles entity. This means a $1,000 balance can control up to $2,000,000 in the market. While powerful, leverage also increases risk, amplifying both profits and losses.
Leverage Based on Account Equity
Equity | Maximum Leverage |
---|---|
$0 โ $999.99 | 1:Unlimited (if eligible), default 1:2000 |
$1,000 โ $4,999.99 | 1:2000 |
$5,000 โ $29,999.99 | 1:1000 |
$30,000+ | 1:500 |
Leverage by Asset Class
Asset Class | Default Max Leverage |
---|---|
Forex | 1:2000 |
Metals | 1:2000 |
Energies | 1:200 |
Indices | 1:400 |
Cryptocurrencies | 1:400 |
Shares | 1:20 |
Other Account Options
Demo Account: Exness offers a demo environment for MT4/MT5 and the Exness Terminal, allowing traders to practice strategies under live market conditions without financial risk.
Islamic Account: Swap-free Islamic accounts are available exclusively for clients residing in Muslim-majority countries, adhering to Shariah principles.
Restricted Countries: Exness does not serve clients from the U.S., UK, Europe, and certain other jurisdictions including Vatican City and U.S. territories.