Exness Editor’s Verdict

Exness is a leading Forex broker with exceptional order and volume statistics. It also ranks highly in the client withdrawal category, with $1.1+ billion in quarterly withdrawals. Traders get the MT4/MT5 trading platform plus two proprietary alternatives, ultra-low trading fees, and flexible leverage. I conducted a comprehensive Exness review to evaluate if the Exness trading environment offers traders a competitive edge. Should you open an account with Exness?

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Deposit and withdrawal
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Asset selection
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Ease of account opening
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Regulation and security
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  • Excellent 24/7 multi-lingual customer service

  • Multi-regulated broker with excellent order and volume statistics

  • High level of transparency and financial audits by Big Four accountancy Deloitte

  • Instant withdrawals from a trusted broker with numerous payment processors

  • No education for beginners


A leading Forex broker with ultra-low trading fees and superb trading statistics.

RegulatedCySEC, FCA, FSA, FSC Mauritius, FSC Belize, CMA, FSCA
Year Established2008
Execution TypeMarket Maker
Minimum Deposit$10
Trading Platforms(s)MetaTrader 4, MetaTrader 5
US Persons Accepted?
Islamic Account
Segregated Account
Managed Accounts
Support Hours24/7
Customer Supportemail-support chat-support
Demo Account
Retail Loss RateUndisclosed
Minimum Raw Spreads0.0 pips
Minimum Standard Spreads0.3 pips
Minimum Commission for Forex$7.00 per 1.0 standard round lot
Commission for CFDs/DMA
Cashback Rebates
Deposit Fee
Withdrawal Fee
Funding Methods8

I like the trading fees at Exness and the absence of swap rates on leveraged overnight positions on several assets. It ensures traders can have a competitive edge, generating more profits from existing strategies versus more expensive brokers. Exness also has excellent order and volume statistics, confirming a cutting-edge trading environment and infrastructure.

Exness Regulation & Security

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. Exness presents eight regulated entities and maintains a secure trading environment.

Country of the Regulator
Name of the Regulator
Regulatory License Number
Financial Services Authority
Central Bank of Curaçao and Sint Maarten
British Virgin Islands
Financial Services Commission
South Africa
Financial Sector Conduct Authority
Financial Services Commission
Cyprus Securities and Exchange Commission
United Kingdom
Financial Conduct Authority
Capital Markets Authority

Is Exness Legit and Safe?

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. Exness has eight regulated entities and maintains a secure trading environment.

I like that Exness offers an investor compensation fund to all clients via the Hong Kong-based Financial Commission, the primary independent external dispute resolution (EDR) organization for the Forex market, covering claims up to €20,000.

Please Note:

  • Deloitte states that the reports do not constitute official audits since they do not comply with international standards.

Exness Regulation and Audits


I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Exness features an above-average commission-free cost structure but a highly competitive commission-based alternative. Equity CFD traders get low commissions and tight swaps, and Exness offers swap-free trading on select assets, which extends its cost advantage. Therefore, Exness is ideal for demanding short-term traders, like scalpers, to medium-to-long-term leveraged strategies.

Deposit Fee
Withdrawal Fee
Inactivity FeeNo
Withdrawal options
  • :
  • Deposit options
  • :
  • The average trading costs for the EUR/USD at Exness are:

    Average Spread
    Commission per Round Lot
    Cost per 1.0 Standard Lot
    1.0 pips (Standard)
    0.0 pips (Raw Spread)
    0.0 pips (Zero)
    0.6 pips (Pro)

    Here is a screenshot of Exness fees during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

    Exness Trading Fees

    One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

    Below is a list of trading cost examples for buying and selling the EUR/USD and holding the trade for one night and seven nights in the commission-free Pro account.

    Taking a 1.0 standard lot buy/sell position, in the EUR/USD, at the average spread and holding it for one night will cost the following:

    Average Spread
    Commission per Round Lot
    Swap Long
    Swap Short
    Total TradingCosts
    0.6 pips
    0.6 pips

    Taking a 1.0 standard lot buy/sell position, in the EUR/USD, at the average spread and holding it for seven nights will cost the following:

    Average Spread
    Commission per Round Lot
    Swap Long
    Swap Short
    Total TradingCosts
    0.6 pips
    0.6 pips

    Range of Assets

    Exness is an excellent choice for Forex traders, with 97 currency pairs, complemented by 34 cryptocurrency pairs. Equity traders get 98 blue-chip names, while 13 commodities and 10 indices complete the asset selection. Non-Forex traders have sufficient trading instruments, especially for strategies that require fewer but highly liquid trading instruments, like scalpers.

    Asset List Overview

    Currency Pairs
    Cryptocurrency Pairs
    Index CFDs
    Options, Features, and Synthetics
    Equity CFDs / DMA Shares
    Maximum Retail LeverageUnlimited
    Maximum Pro LeverageUnlimited

    Exness Leverage

    Exness leverage ranges from a minimum of 1:2 to a maximum of unlimited leverage, depending on the geographic jurisdiction of traders and the asset. Unlike many brokers who restrict equity leverage to between 1:5 and 1:20, Exness offers from 1:500 to unlimited. Given its flexible and dynamic approach to leverage, Exness adds another layer of competitiveness, but traders must ensure they execute risk management to avoid magnified losses. Exness offers negative balance protection, meaning traders can never lose more than their deposits.

    Exness Trading Hours (GMT + 0)

    Asset Class
    Monday 00:00
    Sunday 24:00
    Sunday 21:05
    Friday 20:59
    Sunday 22:05
    Friday 20:59
    European Equities
    US Equities
    Monday 13:40
    Friday 19:45


    • Equity markets open and close each trading session, unlike Forex, cryptocurrencies, and commodities, which essentially trade 24/5.

    Account Types

    Exness offers five account types plus a demo account. The commission-free Exness Standard and Exness Standard Cent account are ideal for casual and beginner traders. The margin call level is at 60%, and the minimum trade size is 0.1 lots and cent lots, respectively. The Exness Standard Cent account is also an excellent option for traders to test new strategies, EAs, and signal providers. The minimum deposit is $10 or payment processor dependent, and Exness notes that 80% of clients select the Exness Standard account.

    The Exness Pro, Exness Zero, and Exness Raw Spread accounts are commission-based choices for demanding traders. The margin call level is at 30%, the minimum trade size is 0.1 lots, and the minimum deposit is $200, which is low considering the competitive pricing environment.

    The account base currencies are AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZARAMD, AUC, BGN, CAC, CHC, CLP, COP, CZK, DKK, DZD, EUC, GBC, GEL, HRK, ILS, ISK, KGS, LBP, LKR, MAGUSD, MAUUSD, MBAUSD, MBBUSD, MBCUSD, MBDUSD, MPDUSD, MPTUSD, NOK, NPR, PLN, RON, RUR, SEK, and SYP. It represents the most comprehensive availability versus all competitors.

    Exness Demo Account

    Exness automatically opens a $10,000 demo account upon registration, and traders can open up to 100 MT4 and 100 MT5 demo accounts from their Exness Personal Area. They are entirely customizable, and traders can manage multiple accounts via the back office. Exness will delete MT4 demo accounts after 180 days of inactivity and MT5 ones after 21 days. I like that Exness understands the requirements of demo usage for advanced and algorithmic trades by offering customization and unlimited access.

    I want to caution beginner traders in using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not provide exposure to real trading psychology and can create unrealistic trading expectations.

    Trading Platforms

    Exness deploys its lightweight, user-friendly, web based proprietary Exness Trading Terminal, complemented by the mobile trading alternative Exness Trade App for Android and iOS devices. The former features 50 drawing tools and 100 indicators, and the latter has 24/7 in-app support, but both are only available for MT5 accounts and only support manual trading strategies.

    Traders can also rely on the market leading MT4, the primary choice for algorithmic trading, and MT5. Both trading platforms feature built-in copy trading services, and the MT4 trading infrastructure remains the most versatile, with 25,000+ add-ons, custom indicators, and EAs.

    Overview of Trading Platforms

    Platform Languages
      • English
  • OS Compatibility
      • Mac
      • Linux
      • Mobile
      • Web
  • Charting Package
    Mobile Alerts
    E-mail Alerts
    Guaranteed Limit Orders
    Guaranteed Execution
    One-click Execution
    OCO Orders
    Interest on Margin
    Web-based Trading
    Mobile Trading
    Proprietary Platform
    Automated Trading
    Social/Copy Trading
    MT4/MT5 Add-Ons
    Guaranteed Stop Loss
    Negative Balance Protection

    Unique Features

    Exness upgrades its trading environment with services by Trading Central, including the MT4 plugin TC Technical Analysis Indicator. I like the free VPS offer, which only requires a total deposit of $500, a minimum free margin of $100, and trading activity within the past 14 days. It is one of the most generous offers and ideal for demanding traders who require low-latency 24/5 market access without running their PC, like scalpers and algorithmic traders.


    Exness received numerous awards for various aspects of its competitive trading environment.

    Among the most recent ones are:

    • Best Customer Support Award at Financial Markets Expo Cairo 2021
    • Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
    • Most Innovative Broker at Dubai Expo 2021
    • Most People-Centric Broker at Traders Summit 2022
    • Global Broker of the Year at Traders Summit 2022

    Research and Education

    Exness relies on Trading Central services and FXSreet for trading signals, market coverage, and economic news. I find that approach ideal, which allows Exness to focus on maintaining and improving its core trading environment while delivering value-added services via trusted third-party providers. Traders can access them via the Exness Personal Area, within the proprietary trading platforms, or MT4.

    Education is not available, but Exness targets experienced traders, making the absence of educational content irrelevant to the business model of Exness.

    I recommend beginners who want to trade with Exness seek in-depth education from third parties available for free, including trading psychology, before opening an Exness trading account. Beginners should always avoid paid-for courses.

    Customer Support

    Support Hours24/7
    Customer Supportemail-support chat-support
    Website Languages
      • English
      • Spanish
      • Arabic
      • French
      • Japanese
      • Other
      • Chinese
      • Russian
      • Portuguese
      • Malay
      • Thai
      • Bahasa
  • Exness provides customer support 24/5 in English, Chinese, Thai, Arabic, Indonesian, Hindi, Urdu, Bengali, Vietnamese, Japanese, Korean, French, Spanish, and Russian. 24/7 customer support is available in English, Thai, and Chinese. The Help Center attempts to answer the most common questions, while live chat offers the most convenient method for non-urgent matters. I like that Exness provides phone support, which is ideal for emergencies.

    Exness Customer Support

    Bonuses and Promotions

    Exness neither offers bonuses nor promotions, but it maintains a high-paying partnership and affiliate program with up to 40% revenue share or $1,850 per client. Exness notes 119,000 partners, $1B+ in affiliate payouts, and $2.9M as the top monthly affiliate payout.

    Opening an Account

    Opening an Exness trading account follows well-established industry standards via an online application. The first step consists of providing the country of residence, e-mail address, and the desired password, which loads the Exness Terminal. It also grants access to the secure and user-friendly Exness Personal Area from where traders can add, customize, and manage trading accounts, access trading recommendations, and engage in social trading as a strategy provider.

    Exness Account Opening

    Exness is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency document. Exness might ask for additional information on a case-by-case basis.

    Minimum Deposit

    The minimum deposit at Exness is $10 for commission-free accounts and $200 for commission-based accounts.

    Payment Methods

    Exness supports bank wires (via ClearBank), credit/debit cards, USDT, USDC, Bitcoin, Neteller, Perfect Money, and Skrill.

    Accepted Countries

    Exness accepts traders from most countries and is one of the most accessible brokers, except for traders who are US persons.

    Deposits and Withdrawals

    The secure Exness Personal Area handles all financial transactions for verified clients

    Exness Deposits

    Exness does not levy internal deposit or withdrawal fees and processes most withdrawal requests to e-wallets within seconds, but it may take up to 24 hours. Bank wires can take up to three business days, and credit/debit card withdrawals up to five days. The name on the payment processor and the Exness account must match, and if traders use multiple payment processors to deposit, they must withdraw in equal proportions.

    For example, making a $700 deposit via debit card and $300 via Skrill means a trader must withdraw 70% of profits via the same debit card and 30% via Skrill. Exness will highlight recommended payment processors, identifying the best methods filtered by the geographic location of traders and withdrawal experience by Exness.

    Is Exness a Good Broker?

    I like the trading environment at Exness for its low trading fees, flexible leverage, swap-free trading on select assets, choice of account base currencies, supported payment processors, and order execution statistics. I rank Exness among the most trusted brokers, and the investor compensation fund adds a layer of safety. Exness is an excellent Forex broker due to its broad-based sector coverage with 97 currency pairs. The partnership program is an outstanding and high-paying option for those seeking passive income opportunities.

    Exness Alternative Brokers & Comparisons


    What is the minimum deposit for Exness?

    The Exness minimum deposit is $10 for commission-free accounts and $200 for commission-based alternatives.

    Is Exness an ECN broker?

    Exness is a market maker but offers ECN-like execution in its commission-based trading accounts.

    Is Exness regulated?

    Exness remains regulated by the FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), FSA(Seychelles), CBCS (Curaçao and Sint Maarten), FSC (Mauritius), and FSC (BVI).

    Is Exness a good Forex broker?

    Exness ranks among the best choices for a Forex broker, as it is one of the few that offers almost 100 currency pairs. It also allows flexible leverage and has ultra-competitive trading fees, including swap-free trading.

    About the Author

    DailyForex.com Team
    The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.