Exness Review 2024 Pros and Cons

BROKER REVIEWS

Exness has hundreds of thousands of active clients, as well as trillions in trading volume.

The broker offers a wide range of assets, including Forex, Crypto, Metals, Energies, and more, to its clients. The broker also has a variety of account types that will suit every trader’s individual needs.

KEY TAKEAWAY
・Leverage:From 1:100 up to 1:2000; with equity up to $999 – 1:Infinity
・Instant withdrawal of money 24/7
・Segregated accounts
・Narrow spreads

\Unlimited leverage/Open an account
with Exness

Summary of Exness Group Trading Company

Exness Trading Company has been working in the Forex market since 2008.
The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles.

The service is regulated by licenses of CySES(Cyprus Securities Commission),FCA(Office of Financial Regulation and Supervision of Great Britain)and FSA(Office of Financial Regulation and Supervision of the Republic of Seychelles).

The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds.

Exness broker holds a leading position in the ratings of Forex brokers in New Zealand, South Africa, and EU countries.

・more than 10 years working in the EU market.
・more than 72,000 active customers in 131 countries around the world.

Pros & Cons

Pros

Pros of Exness Group
・Leverage:From 1:100 up to 1:2000; with equity up to $999 – 1:Infinity
・Instant withdrawal of money 24/7
・Segregated accounts
・Narrow spreads

Cons

Cons of Exness Group
・No Bonus

Unlimited leverage on Exness

Unlimited leverage allows you to trade with negligible margin, allowing you to open larger positions and try different strategies.

Equity in the trading account must be less than $1000.
Traders must close at least 10 positions (excluding pending orders) and 5 lots (or 500 cents) on all live accounts in your personal area.

You can select “Unlimited Leverage” in the ” Personal Area “. However, the “Unlimited Leverage” option is only unlocked if all prerequisites are met.

Whenever you select “Unlimited Leverage”, your maximum available leverage will automatically change to the level when your account equity exceeds a certain amount.

Account Balance Maximum Leverage
Up to USD 0-999(only for MT4) 1:Unlimited
$0-4999 1:2000
$5,000-14,999 1:1000
$15,000-29,999 1:600
$30,000-59,999 1:400
$60,000-199,999 1:200
$200,000 or more 1:100

Note that unlimited leverage is not available for financial instruments belonging to the Exotic, Crypto, Energies, Stocks and Indices instrument groups.The margin for these instruments is held in accordance with the instrument’s margin requirements and is not subject to unlimited leverage.

Click Here For More Info:What are Exness’s unlimited leverage?

\Open an account for free/Trade with Exness’s
Unlimited Leverage

Trading Conditions for Exness Group Users

Trading Conditions
Trading platform MT4, МТ5, MultiTerminal, MT4 Web-Terminal, Mobile Platforms
Accounts Standard, Standard Cent, Standard Plus, Raw Spread, Zero, Pro
Replenishment/Withdrawal Tether, Bitcoin, Yandex.Money, Skrill, Neteller, WebMoney, Perfect Money,
VISA and MasterCard, internal money transfer
Minimum deposit Standard, Standard Cent, Standart Plus – 1 USD, Raw Spread,
Zero, Pro – $200
Leverage From 1:100 up to 1:2000; with equity up to $999 – 1:Infinity
Min Order 0.01 lot
Spread Standard, Standard Cent – from 0.3 pips, Pro – from 0.1 pips, Raw spread,
Zero – from 0 pips, Standard Plus – from 1 pip
Instruments Currencies, assets of stock and commodity markets, cryptocurrencies
Margin Call / Stop Out Standard: 60/0%, Standard Cent: 60/0%,Standard Plus: 60/0%,
Pro: 30/0%, Raw spread: 30/0%, Zero: 30/0%

Types of Accounts

  Standard accounts Professional accounts  
  ・Standard
・Standard Cent
・Raw Spred
・Zero
・Pro
 

Standard accounts

Feature-rich, commission-free accounts that suit the needs of today’s traders.
If you are new to trading, our standard accounts are a great choice for you.
Our most popular accounts have market execution, stable spreads and no requotes.

Professional accounts

Accounts that meet the needs of the most experienced traders.
Highlights include low spread or spread-free accounts with execution to suit scalpers, day-traders and algotraders.

If you are an experienced trader, these accounts are a good fit for you.
They come with raw spreads or even spread-free. Our professional accounts have execution to suit scalpers, day-traders and algotraders.

Standard accounts features

Standard Standard Cent
Minimum deposit Depends on payment system Depends on payment system
Spread From 0.3 From 0.3
Commission No commission No commission
Maximum leverage 1:Unlimited 1:Unlimited
Instruments Forex, metals, cryptocurrencies, energies, stocks, indices Forex, metals
Minimum lot size 0.01 0.01
Maximum lot size 200 (7:00 – 20:59 GMT+0)
60 (21:00 – 6:59 GMT+0)
200
Maximum number of positions Unlimited 1000
Hedged margin 0% 0%
Margin call 60% 60%
Stop out 0% 0%
Order execution Market Market
Swap-free Available Available

Professional accounts features

Raw Spread Zero Pro
Minimum deposit $1,000 $1,000 $1,000
Spread From 0.0 From 0.0 From 0.1
Commission Up to $3.50 each side per lot From $0.2 each side per lot No commission
Maximum leverage 1:Unlimited 1:Unlimited 1:Unlimited
Instruments Forex, metals, cryptoсurrencies, energies, stocks, indices Forex, metals, cryptoсurrencies, energies, stocks, indices Forex, metals, cryptoсurrencies, energies, stocks, indices
Minimum lot size 0.01 0.01 0.01
Maximum lot size 200(7:00 – 20:59 GMT+0),60 (21:00 – 6:59 GMT+0) 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0) 200 (7:00 – 20:59 GMT+0), 60 (21:00 – 6:59 GMT+0)
Maximum number of positions Unlimited Unlimited Unlimited
Hedged margin 0% 0% 0%
Margin call 30% 30% 30%
Stop out 0% 0% 0%
Order execution Market Market Instant (forex, metals, energies, stocks, indices), market (cryptocurrencies)
Swap-free Available Available Available
Click Here For More Info:Exness Account Types Compared 2024

Spread

Standard Standard Cent Raw Spread Zero Pro
USDJPY 1.1pips 1.1pips 0.0pips 0.0pips 0.7pips
EURUSD 1.0pips 1.0pips 0.0pips 0.0pips 0.6pips
GBPUSD 1.2pips 1.2pips 0.1pips 0.0pips 0.7pips
EURJPY 2.2pips 2.2pips 0.4pips 0.0pips 1.4pips
GBPJPY 2.5pips 2.5pips 0.5pips 0.0pips 1.6pips
AUDUSD 1.4pips 1.4pips 0.2pips 0.0pips 0.9pips
USDCAD 2.1pips 2.1pips 0.3pips 0.0pips 1.3pips
EURGBP 1.6pips 1.6pips 0.4pips 0.0pips 1.0pips
XAUUSD 20.0pips 20.0pips 6.3pips 0.0pips 12.5pips

Exness Group Commissions & Fees

Account type Spread (minimum value) Withdrawal commission
Standard From $3 None
Standard Cent From $0.03 None
Standart Plus From $10 None
Pro From $1 None

Trading Platforms

・MetaTrader 4 by MetaQuotes Software Corp
・MetaTrader 5 by MetaQuotes Software Corp
・The Exness Trader App by Exness
・Exness Terminal by Exness

Expert Review of Exness Group

Exness Forex brokers is known for its high-quality services. Traders working with a broker note a high level of technical support, which contributes to the achievement of good results in their work. Modern tools and service help investments to be profitable.

Exness is the perfect broker for those who want to combine active trading with a passive investment. Technology platforms and best trading conditions allow to optimize the profitability of passive investments with minimal risk.

Social trading and diversified investment portfolios are the most popular services not only for investors, but also for traders who receive an additional commission with their help.

Bonuses Paid by the Broker

There are currently no existing bonus programs for new types of accounts.

Withdrawal Options and Fees

The Exness broker carries out an instant withdrawal of funds through the following
payment systems: Perfect Money, WebMoney, Neteller, Skrill.

Exness guarantees the withdrawal of funds at the request of the trader without restrictions
on the number of transactions. Currency input and output is available 24/7.

Withdrawal of funds through Yandex Money is carried out within 24 hours. With Bitcoin,
withdrawal can take up to 4 hours, and through Tether – up to 72 hours.
The term for withdrawing funds to a Visa / Mastercard bank card is 3-5 days.

Exness Premier

Exness Premier is a loyalty program that rewards our most active and loyal Exness Premier members with a range of exclusive benefits that grow as they qualify for bigger and more prestigious membership tiers.

How does Exness Premier benefit me?

Benefit
・Priority customer support
・Exclusive educational materials
・Enhanced trading analytics
・Special promotions & Rewards
・Dedicated account manager
・Visit Exness in cyprus 

Priority customer support

All of your requests will be prioritized and escalated to senior customer support team members who will deal with your issues promptly.

Exclusive educational materials

Join our Premier webinars and seminars covering a wide range of trading topics, and gain access to educational content prepared exclusively for our Premier clients.

Enhanced trading analytics

Get exclusive access to additional Trading Central services, as well as a free subscription to top fundamental and technical analysis sources. Plus, enjoy early access to all weekly and quarterly reports produced by Exness trading specialists.

Special promotions & Rewards

Through our exclusive reward schemes and promotional campaigns, you can receive some amazing gifts and cash rewards.

Dedicated account manager

You will have a dedicated account manager who will personally handle your requests at the highest priority, as well as keep you informed about all the latest Premier Program activities, events, and opportunities.

Visit Exness in cyprus

Get an exclusive invitation to our head office in Cyprus – the birthplace of our better-than-market conditions. Meet with employees and learn how our ideology helped form the leading multi-asset broker we are today.

Creating an Exness Account

1.  Visit the Exness website.
2.  Click on the “Open account” button, usually located in the top right corner of the page.


3. Fill out the registration form with your personal information, including your name,
email address, and phone number.


4. Agree to the terms and conditions, then click “Register.”
5. You will receive a confirmation email with a link to verify your account.
Click on the link to complete the registration process.

Customer Support Service

The broker provides traders with 24/7 customer support.
Customer support contacts are in the personal account.

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.

FAQ

Q.Is Exness a Good Broker?

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

Q.How much does it cost to start Exness?

You can sign up for a trading account for free and start your journey.
Exness doesn’t charge any money to register for an account.

Q.Is Exness good for beginners?

Exness is a brilliant choice for beginners as well as seasoned traders.

Conclusion

Exness offers competitive spreads, prices, and trading conditions.
The type of accounts provided are tailored for different traders and commission costs on trades along with other pricing is relatively low when compared with other brokers.

Traders can experience a safe trading environment with the provision of an array of financial instruments and top-notch trading platforms that further cater to their every need.

\Unlimited leverage/Open an account
with Exness

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