Exness Review

Highlights: With Exness, you can easily trade various asset classes such as stocks, currencies, and commodities. Its multi-asset platform offers attractive spreads, instant withdrawals, and unlimited leverage. Exness is a leading online financial services company that has been in the fintech industry for over a decade. With a wide variety of products and services, it […]

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Editor Posted on 12 February 2024

Highlights:

The Exness Academy has a variety of educational resources that are designed to help students improve their trading skills. These include video lessons, articles, and more.
The Exness Terminal is an advanced trading platform that comes with a variety of features, such as a TradingView chart. It is additionally compatible with the latest versions of the MT4 and 5 software.
The Exness platform is known for its competitive costs. It doesn’t charge withdrawal fees, deposit fees, or inactivity fees.
With a wide range of tradable instruments, Exness is a great choice for investors. It offers a variety of CFDs, including 33 cryptocurrencies and over a hundred forex pairs.
The Exness platform is regulated by various top-tier organizations. This ensures that it follows strict safety and compliance guidelines.

With Exness, you can easily trade various asset classes such as stocks, currencies, and commodities. Its multi-asset platform offers attractive spreads, instant withdrawals, and unlimited leverage.

Exness is a leading online financial services company that has been in the fintech industry for over a decade. With a wide variety of products and services, it is the ideal choice for people who are looking to expand their current portfolio or start their online trading career.

The Exness platform is built on the pillars of trust, integrity, and innovation, and it enables investors to connect with the financial markets. In 2020, its total trading volume reached a record high of $6,784.4 billion.

The number of active clients has increased significantly over the past year. It reached 143,560, which is up from 72,721 in 2019.

Exness Details

Company Name				Exness (CY) Limited, Nymstar Limited
Country				Cyprus
Year Open				2008
Headquarters				Cyprus
Offices				Cyprus, Seychelles, United Kingdom
Employees				700+
License				CySEC 178/12, FSA Seychelles SD025, FSCA ZA 51024
Regulatory Authorities				CySEC, FSA SC, FSCA ZA
USA Clients				No
Japanese Clients				Yes
European Clients				No
Canadian Clients				No
Restricted Countries				Australia, Malaysia, New Zealand, Russia, USA

Regulatory Authority

Agency				Cyprus Securities and Exchange Commission
Short Name				CySEC (MiFID)
Country				Cyprus
Min Capitalization				EUR 730,000
Government Enforced Segregated Accounts				Yes
Description				The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market.


Agency				Financial Services Authority of Seychelles
Short Name				FSA Seychelles
Country				Seychelles
Min Capitalization				N/A
Government Enforced Segregated Accounts				No
Description				Safeguard the interest of the Seychelles non-bank financial services sector, through the establishment of a sound and ethical regulatory environment.To jointly create a conducive environment for the growth and development of the financial services industry of Seychelles, in alignment with the national economic development strategy and in strict compliance with local and international regulatory norms and best practices.


Agency				Financial Services Board of South Africa
Short Name				FSCA ZA
Country				South Africa
Min Capitalization				N/A
Government Enforced Segregated Accounts				Yes
Description				The FSB is an independent institution, established by statute to oversee the South African non-banking financial services industry in the public interest, and fully funded by fees and levies imposed on this industry.After more than 20 years of regulating the non-banking sector of South Africa’s financial services industry, the FSB has established itself as a reputable authority in this field, locally and internationally. Over the years, it has contributed to the stability of this industry while meeting its mandate of protecting consumers of financial products and services.

Account Types

At Exness, there are two Standard Accounts available: Standard and Standard Cent (designed for new traders, this account is denominated in cents). The table below covers key account features.

Feature	Standard	Standard Cent
Minimum deposit	From $10 (Depends on payment system)	From $10 (Depends on payment system)
Spread	From 0.3	From 0.3
Commission	No commission	No commission
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), 20 (21:00 – 6:59 GMT+0)	200 (7:00 – 20:59 GMT+0), 20 (21:00 – 6:59 GMT+0)
Maximum number of positions	Unlimited	1000

Deposit methods at Exness range from bank transfers to credit cards, cryptocurrency, and digital wallets.

Deposit Method	Minimum Deposit	Processing Time
Bitcoin	$10	up to 3 days
Bank Card	$10	up to 5 days
Internet Banking	$10	up to 7 days
Skrill	$10	within 5 hours
Neteller	$10	within 1 hour
Perfect Money	$50	up to 5 days
USD Coin (USDC ERC20)	$10	up to 3 days
Tether (USDT ERC20)	$10	up to 3 days
Wire Transfer	$10000	up to 3 days
Bank Transfer	$10	within 24 hours
Mybux	$10	up to 2 days
Ozow	$10	within 1 hour