Exness is a well-established and reputable online forex and CFD broker that has been serving traders worldwide since 2008. Founded by a group of experienced financial professionals, Exness has grown to become one of the largest and most trusted names in the industry.
With a strong focus on innovation, transparency, and customer satisfaction, Exness has earned a loyal following among traders of all levels.
Company Overview
Exness’s mission is to provide its clients with access to the global financial markets through cutting-edge technology and exceptional customer service. The company’s vision is to become the world’s leading online broker by continuously innovating and adapting to the ever-changing needs of traders.
At the core of Exness’s values are integrity, transparency, and a commitment to putting the customer first. The company strives to maintain the highest standards of business practices and regulatory compliance, ensuring that its clients’ funds and personal information are always secure.
Throughout its history, Exness has achieved numerous milestones and accolades. In 2013, the company obtained a license from the Cyprus Securities and Exchange Commission (CySEC), solidifying its position as a regulated and trustworthy broker.
Exness has also consistently ranked among the top brokers in terms of trading volume, with monthly volumes exceeding $2 trillion in recent years.
Services and Features
Exness offers a comprehensive suite of trading services and features designed to cater to the needs of both novice and experienced traders. The company provides access to a wide range of financial instruments, including forex, metals, energies, indices, and cryptocurrencies.
- Forex – Major, minor and exotic currency pairs
- Metals – Spot gold and silver
- Energies – Crude oil and natural gas
- Stock CFDs – Shares of major global companies
One of the standout features of Exness is its advanced trading platforms. The company offers the popular MetaTrader 4 and MetaTrader 5 platforms, which are renowned for their reliability, speed, and versatility.
These platforms are available on desktop, web, and mobile devices, allowing traders to access the markets anytime, anywhere.
In addition to the MetaTrader platforms, Exness also provides its proprietary web-based trading platform, ExnessTrader. This user-friendly platform offers a streamlined trading experience, with intuitive navigation and a range of useful tools and features.
Exness offers several account types to suit the needs of different traders.
The Standard Account is ideal for beginners, with low minimum deposit requirements and competitive spreads. The Professional Account is designed for more experienced traders, offering even tighter spreads and higher leverage. The company also provides Islamic accounts that are compliant with Sharia law.
| Accounts | Minimum Dep | Spreads | Commission | Leverage |
|---|---|---|---|---|
| Standard | 10$ | from 0.1 | 3.5$ per 1 lot | 1:2000 |
| Micro | 10$ | from 0.1 | 3.5$ per 1 lot | 1:2000 |
| Cent | 10$ | from 0.1 | 3.5$ per 1 lot | 1:2000 |
| Zero | 200$ | 0 pips | No commission | 1:500 |
| Raw Spread | 200$ | 0 pips | No commission | 1:500 |
Regulation and Security
Exness places a strong emphasis on regulation and security, ensuring that its clients’ funds and personal information are always protected. The company is regulated by several top-tier financial authorities, including CySEC and the Financial Services Authority (FSA) of Seychelles.
As a regulated broker, Exness adheres to strict financial requirements and client fund protection rules. Client funds are segregated from the company’s operating funds and held in top-tier banks. Exness also maintains a high capital adequacy ratio to ensure financial stability and meet regulatory capital requirements.
In terms of security, Exness employs state-of-the-art encryption technology to safeguard client data and transactions. The company also offers two-factor authentication (2FA) for an additional layer of account security.
Customer Experience
Exness has earned a reputation for providing exceptional customer service and support. The company offers 24/7 customer support via live chat, email, and phone, with a team of knowledgeable and responsive professionals ready to assist clients with any questions or concerns.
User reviews and testimonials consistently praise Exness for its fast and reliable trade execution, competitive pricing, and user-friendly platforms. Many customers appreciate the company’s commitment to transparency and its efforts to educate and support traders of all levels.
However, some users have reported occasional issues with customer support response times during peak periods. While these instances are relatively rare, they highlight an area where Exness could potentially improve its service.
Market Position and Reputation
Exness has established itself as a leading player in the online trading industry, with a strong reputation for reliability, innovation, and customer-centricity. The company’s commitment to transparency and regulatory compliance has helped it stand out in a crowded and competitive market.
Compared to its competitors, Exness offers several unique selling points, including its advanced trading platforms, competitive pricing, and wide range of financial instruments. The company’s focus on technology and user experience has also helped it attract and retain a loyal customer base.
Exness has received numerous industry awards and recognitions over the years, further cementing its position as a top-tier broker. In 2020, the company was named “Best Forex Broker” at the World Finance Forex Awards, a testament to its outstanding services and reputation.
Pros and Cons
Like any broker, Exness has its strengths and weaknesses. Here are some of the key advantages and disadvantages of using Exness’s services:
Pros
- Regulated by top-tier financial authorities
- Advanced trading platforms (MetaTrader 4, MetaTrader 5, ExnessTrader)
- Competitive pricing and tight spreads
- Wide range of financial instruments
- Excellent customer support
- Strong emphasis on security and transparency
Cons
- Occasional issues with customer support response times during peak periods
- Limited educational resources compared to some competitors
- Some users may find the account verification process slightly lengthy
Is Exness A Good Company To Trade With?
Yes, Exness is a good company to trade with. Regulated by the FCA and CySEC, Exness ensures compliance with stringent financial standards, offering a secure trading environment. The company boasts advanced trading platforms like MetaTrader 4 and 5, along with its proprietary ExnessTrader, catering to both novice and experienced traders. With competitive pricing, tight spreads, and multiple account types, Exness provides flexibility and cost-effectiveness.
Exness places a strong emphasis on security and transparency, segregating client funds in top-tier banks and employing state-of-the-art encryption. Customer support is available 24/7, praised for its responsiveness and professionalism, although occasional delays have been reported during peak times.
Overall, Exness is a reliable and innovative broker with a strong commitment to customer satisfaction, making it a solid choice for traders seeking a secure and user-friendly trading experience.
