Exness Review in Jan. 2024

Published on 04/11/2023

Fact checked 09/01/2024

TrustedBrokers Score

4.3 / 5

CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital.

Markets
3.8 / 5
Trading environment
4.0 / 5
Deposits and withdrawals
5.0 / 5
Investor protection
3.8 / 5
Customer service
4.7 / 5

Our take on Exness

Exness.com is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).

Once you start trading with Exness, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.

You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.

Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit Exness to create an account and see for yourself what this broker has to offer.

Likes
Low and stable spreads.
No swap charges across most FX pairs.
Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
Withdrawals processed instantly in a wide range of currencies.
Negative balance protection is available.

Dislikes
No access to a compensation fund in the event of bankruptcy.
No CFDs on agricultural commodities, ETFs or government bonds.

Easily navigate this review:

3.8 / 5

Markets

Trade CFDs on over 200 popular instruments spanning Forex, crypto-currencies, stocks, indices and commodities, often without swap. Pre-market trading is available across a handful of large caps. However, there are no CFDs on agricultural commodities, ETFs or government bonds.

4.0 / 5

Trading environment

Exness.com offers trading account types for beginners, advanced and professional users alike. You can also trade most currency pairs, cryptocurrencies, stocks and indices without swap. However, you'll need to deposit US$3,000 or more for the best trading conditions.

Range of platforms

MetaTrader 4 and 5: are among the world's most popular trading platforms for retail traders. Trade from the charts, manually or through trading robots. If you're new to MetaTrader, we suggest downloading MetaTrader 5, which supports a wider range of markets and order types. It's also much faster than its predecessor.

Exness Terminal: is Exness' in-house web trading platform. We like its sleek and user-friendly interface built around TradingView charts. However, unlike MetaTrader, it doesn't support trading robots.

Trading conditions

Exness offers trading accounts for beginners, experienced and professional traders alike. Its Standard account, designed for beginners, has an unbeatable US$1 minimum deposit. You may also qualify for unlimited leverage, subject to conditions.

Exness also offers Pro, Raw and Zero accounts for advanced users. These trading accounts offer highly competitive trading conditions, but require a US$3,000 minimum deposit.

Swap-free trading: is available across most currency pairs, cryptocurrencies, stocks and indices for all users.

Copy trading

You may copy other traders on the MetaTrader platform through third-party apps available on the MetaTrader Marketplace. However, Exness has also built its own social trading platform. You can search and filter traders based on their risk profile and return on investment, as illustrated in our second screenshot.

Trading tools

Trading Central: Exness has partnered with Trading Central to provide daily trading signals across Forex, cryptocurrencies, stocks, indices and commodities. We particularly like the ability to embed these signals directly within MetaTrader 4 through Trading Central's 'Technical Analysis Indicator' (Windows only). They're also available through the client portal, as illustrated in our third screenshot.

VPS: if you have an interest in automated trading, we suggest hosting your Expert Advisors on a virtual private server. You can apply for a free VPS strategically located near Exness' own servers if you meet relatively low deposit and/or trading volume requirements. Visit Exness.com for more information.

Platforms
MT4
MT5
Copy trading

Operating systems
Web trading
Android
iOS

Less

5.0 / 5

Deposits and withdrawals

It's fast and easy to fund your account with Exness.com. Exness charges no fees on deposits or withdrawals, and will even cover third-party withdrawal fees. We also like that you can choose from 40+ currencies for your trading account.

3.8 / 5

Investor protection

Exness.com takes the security of its clients' funds seriously, and protects all traders through negative balance protection. However, you won't be covered by an investor compensation scheme.

4.7 / 5

Customer service

Customer support is available over live chat, email or phone (to a Cypriot telephone number) on a 24/7 basis, in several languages. We were impressed with the speed and quality of its service. Its online Help Centre is also very thorough.

Exness Alternatives

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About the author

I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.