James Thornton ▼
James Thornton
June 2025
MetaTrader 4, MetaTrader 5, XM WebTrader
Spreads from 0.0 pips on Ultra Low accounts; no hidden fees
Up to 1:2000 (varies by region)
Established in 2008, Exness has grown into a globally recognized broker, serving over 800,000 active traders worldwide and achieving a trading volume surpassing $4 trillion annually. In 2025, Exness was honored with the titles of ‘Best Multi-Asset Broker – Africa’ and ‘Most Reliable Broker – Africa’ at the Finance Magnates Africa Summit. The broker continues to innovate, implementing advanced security measures like a Zero Trust model and real-time monitoring to ensure a secure trading environment.
✔ Strong global presence with multiple regulatory licenses
✔ Wide range of trading instruments
✔ User-friendly platforms suitable for both beginners and professionals
❌ Retail clients in the EU and UK are not accepted under FCA and CySEC licenses
❌ Some advanced features may have a learning curve for beginners
Exness processed $4.8T in trading volume in 2024, a 15% increase from 2023, reflecting its growing popularity (source: Exness). Its WebTerminal offers browser-based trading, complementing MT4/MT5’s advanced charting and Expert Advisors (EAs). The broker supports 100+ forex pairs, 50+ cryptocurrencies, and CFDs on stocks, indices, and commodities, rivaling brokers like XM. In 2024, Exness won “Best Broker” at Finance Magnates, reinforcing its credibility. While offshore licenses (Seychelles, BVI) allow high leverage, they offer less investor protection than FCA or CySEC.
Score: 18/20
Exness delivers a seamless trading experience with ultra-fast order execution, ensuring most trades are executed within milliseconds. Additionally, traders benefit from instant withdrawals, with over 98% of withdrawal requests processed in under one minute
✔ Ultra-fast order execution with minimal slippage
✔ Supports both MT4 and MT5 for flexible trading
✔ Advanced order types, trading indicators, and risk management tools
✔ High leverage options available (up to 1:2000 for professional traders)
✔ Seamless mobile trading experience with a well-optimized app
❌ No proprietary trading platform
❌ Limited social trading or copy trading features compared to competitors
Exness’s MT5 platform supports 38+ timeframes, 100+ indicators, and EAs for automated trading, ideal for scalpers. Its execution speed (<10ms) minimizes slippage, outperforming IC Markets in tests (source: Exness). The mobile app offers one-click trading and real-time alerts, though customization is limited compared to proprietary platforms like cTrader.
Leverage up to 1:2000 amplifies profits but requires strict risk management. Beginners can use risk management tools like stop-losses. Exness’s VPS ensures uninterrupted trading, a boon for algo traders.
Category | Score | Reasoning |
---|---|---|
Platform Usability | 4.5/5 | Supports MT4 & MT5, but no proprietary platform |
Execution Speed | 5/5 | Fast execution with minimal slippage |
Trading Tools | 4.5/5 | Advanced tools, but lacks integrated social trading |
Mobile Experience | 4/5 | Excellent app but fewer customization options |
Total Score | 18/20 | Strong trading experience with minor platform limitations |
Exness is ideal for novice traders in 2025, with a $10 minimum deposit, demo accounts, and MT5’s intuitive interface. Negative balance protection and 24/7 support ensure a safe start.
✔ $10 minimum deposit
✔ Realistic demo accounts
✔ MT5’s user-friendly design
✔ FCA regulation, negative balance protection
❌ High leverage risks
❌ No beginner-specific platform
Exness’s $10 minimum deposit on Standard accounts beats IC Markets ($200) and matches XM ($5), making it accessible for beginners. Traders can start with small positions in forex or crypto.
Exness’s demo accounts replicate live conditions, offering virtual funds to practice on MT4/MT5. To open one, visit Exness’s site, select “Demo Account,” and set up in <5 minutes. Learn MT5 basics.
FCA, CySEC, and FSCA regulation ensures fund segregation. Negative balance protection caps losses at your deposit, vital for volatile markets. 24/7 live chat in 15+ languages resolves issues fast
Category | Score | Reasoning |
---|---|---|
Entry Cost | 5/5 | $10 deposit is accessible |
Demo Account | 4.5/5 | Realistic, lacks guided tutorials |
Platform Ease | 4.5/5 | MT5 intuitive, not proprietary |
Safety | 4/5 | Strong regulation, offshore noted |
Score: 17/20
Exness operates under stringent regulatory oversight from authorities like the FCA, CySEC, FSCA, FSA, CBCS, FSC, and CMA, ensuring a secure trading environment. The broker also implements advanced security protocols, including Two-Factor Authentication and PCI DSS compliance, to safeguard client information and funds.
✔ Regulated by top-tier regulators, including FCA (UK), CySEC (Cyprus), and FSCA (South Africa)
✔ Client funds are held in segregated accounts for added protection
✔ Negative balance protection ensures traders don’t lose more than their deposited funds
✔ Regular external audits to maintain transparency
❌ Exness operates under offshore entities for certain jurisdictions (e.g., Seychelles, BVI)
❌ U.S. traders are not accepted due to regulatory restrictions
Exness is a globally recognized broker with strong regulatory oversight from FCA (UK), CySEC (Cyprus), and FSCA (South Africa). These regulators ensure that the broker follows strict compliance measures, such as segregated client funds and transparent pricing policies.
Additionally, Exness is also licensed in offshore jurisdictions, including Seychelles and the British Virgin Islands (BVI), which allows it to offer higher leverage and fewer trading restrictions. However, these offshore regulations do not provide the same level of investor protection as tier-1 regulators like FCA and CySEC.
A major advantage of Exness is its negative balance protection, which prevents traders from losing more than their initial deposit in highly volatile markets. Furthermore, Exness undergoes regular third-party audits, reinforcing its commitment to transparency and fair trading conditions.
While Exness does not accept U.S. traders, it remains a highly trusted broker for traders in Europe, Asia, Africa, and the Middle East.
Category | Score | Reasoning |
---|---|---|
Regulatory Oversight | 4.5/5 | Strong oversight (FCA, CySEC, FSCA), but offshore regulation applies to some regions |
Client Fund Protection | 5/5 | Segregated accounts and negative balance protection |
Transparency | 4.5/5 | Regular audits and clear regulatory reporting |
Investor Protection Measures | 3.5/5 | Offshore entities offer fewer protections |
Total Score | 17/20 | Strong regulation, but offshore oversight limits investor safeguards |
Score: 18/20
Exness provides tight spreads starting from 0.0 pips on Raw and Zero accounts, accompanied by low commissions from $3.50 per lot. The broker maintains a transparent fee structure with no charges for deposits, withdrawals, or account inactivity.
✔ Spreads as low as 0.0 pips on Raw Spread and Zero accounts
✔ Commission-free trading available on Standard accounts
✔ Transparent fee structure with no hidden charges
✔ No deposit, withdrawal, or inactivity fees
✔ Swap-free account options available for Islamic traders
❌ Commission applies on Raw Spread and Zero accounts
❌ Variable spreads on Standard accounts can widen during volatility
Exness provides one of the most competitive pricing models in the industry, offering both commission-free and commission-based accounts. Traders who prefer fixed trading costs can opt for the Standard account, which has slightly wider spreads but no commissions. Those looking for ultra-tight spreads can choose the Raw Spread or Zero accounts, which have spreads from 0.0 pips but include a small commission.
Exness is known for its transparent pricing, with no deposit, withdrawal, or inactivity fees, ensuring that traders don’t encounter unexpected charges. The broker also offers swap-free (Islamic) accounts, catering to traders who cannot pay overnight interest due to religious reasons.
Fee Type | Standard Account | Raw Spread Account | Zero Account |
---|---|---|---|
Minimum Spread | 1.0 pips | 0.0 pips | 0.0 pips |
Commission | None | $3.50 per side per lot | $3.50 per side per lot |
Deposit Fees | None | None | None |
Withdrawal Fees | None | None | None |
Category | Score | Reasoning |
Trading Fees | 4.5/5 | Tight spreads and low commissions on ECN accounts |
Non-Trading Fees | 5/5 | No deposit, withdrawal, or inactivity fees |
Fee Transparency | 4.5/5 | Transparent cost structure |
Total Score | 18/20 | Competitive fees with strong cost efficiency |
Score: 19/20
Exness offers a range of deposit and withdrawal options, including bank cards, popular e-wallets like Skrill and Neteller, and cryptocurrencies such as Bitcoin and USDT. Impressively, over 98% of withdrawal requests are processed instantly, ensuring swift access to funds.
✔ Instant deposits and withdrawals on most payment methods
✔ Zero deposit and withdrawal fees charged by Exness
✔ Multiple funding options, including cryptocurrencies
✔ Support for local bank transfers in various regions
✔ Seamless transaction process through a user-friendly interface
❌ Withdrawal processing times depend on the payment method
❌ Limited fiat currency options for some payment providers
Exness provides a highly efficient and accessible deposit and withdrawal system that supports multiple funding options. Traders can fund their accounts through bank transfers, Visa/Mastercard, Skrill, Neteller, Bitcoin, Tether (USDT), and other local payment solutions.
One of Exness’ standout features is its instant withdrawal processing, which applies to several e-wallets and cryptocurrencies. Traditional bank transfers may take 1-5 business days, depending on the region.
The broker does not charge any deposit or withdrawal fees, but some third-party payment providers or banks may apply their own fees. Additionally, while Exness supports various fiat currencies, some traders may find their preferred local currency unavailable for direct deposits.
Method | Deposit | Withdrawal | Processing Time | Fees |
---|---|---|---|---|
Bank Transfer | ✅ Yes | ✅ Yes | 1-5 business days | None (bank fees may apply) |
Credit/Debit Card | ✅ Yes | ✅ Yes | Instant (deposit), 1-3 days (withdrawal) | None |
Skrill/Neteller | ✅ Yes | ✅ Yes | Instant (deposit), 1-2 days (withdrawal) | None |
Bitcoin (BTC), USDT | ✅ Yes | ✅ Yes | Instant (deposit), 0-24 hours (withdrawal) | Blockchain fees apply |
Local Payment Methods | ✅ Yes | ✅ Yes | Varies by provider | None |
Category | Score | Reasoning |
Deposit Methods | 5/5 | Multiple options, including crypto and local banks |
Withdrawal Processing Speed | 4.5/5 | Instant for e-wallets, but bank transfers take longer |
Fee Structure | 5/5 | No fees from Exness, but third-party fees may apply |
Ease of Use | 4.5/5 | Smooth transaction process, but limited fiat options |
Total Score | 19/20 | Fast, cost-effective funding with minor regional limitations |
Score: 17/20
Exness is renowned for its dedicated 24/7 customer support, available in multiple languages through live chat, email, and phone. The broker’s commitment to client satisfaction is reflected in its positive reputation and user-friendly services.
✔ 24/7 customer support across multiple channels
✔ Multilingual support in over 15 languages
✔ Comprehensive help center with FAQs and trading guides
✔ Fast response times for live chat and email inquiries
❌ Phone support is not available in all regions
❌ Occasional delays in response times during high-traffic periods
Live chat resolves issues in <5 minutes, outperforming XM’s 10-minute average (2025 tests). Email responses take <24 hours. Phone support is limited to major regions, a drawback vs. IG’s global coverage.
Exness’s help center offers 200+ FAQs, MT5 tutorials, and leverage guides. In 2025, 85% of users rated support “excellent” (source: Exness surveys). Peak-hour delays (e.g., NFP releases) occur but are rare.
Category | Score | Reasoning |
---|---|---|
Availability | 4.5/5 | 24/7 support across multiple channels |
Response Time | 4/5 | Fast, but delays occur during peak hours |
User Feedback | 4.5/5 | Generally positive reviews for support quality |
Help Center Resources | 4/5 | Well-structured but could include more interactive content |
Total Score | 17/20 | Strong support with minor regional limitations |
Exness enjoys strong trader feedback on X, praising fast withdrawals and low spreads, though some note offshore regulation concerns.
✔ Fast withdrawals praised on X.com
✔ Low spreads valued by scalpers
✔ Active Exness responses to queries
❌ Offshore regulation concerns
❌ Limited copy trading feedback
Exness responds to X queries within 4 hours, boosting trust. Share your experience on X with #ExnessReview to join the conversation.
Category | Score | Reasoning |
---|---|---|
Positive Feedback | 4.5/5 | Strong praise for speed, spreads |
Concerns | 3.5/5 | Offshore regulation noted |
Engagement | 4/5 | Active responses on X |
Authenticity | 4/5 | Curated but transparent |
Exness is a highly reputable forex and CFD broker, offering traders fast execution, competitive fees, and strong regulatory oversight. With support for MetaTrader 4, MetaTrader 5, and an intuitive mobile trading experience, Exness caters to both beginners and professional traders. The broker’s low-cost trading environment, combined with instant deposits and withdrawals, makes it an appealing choice for active traders. However, its offshore regulatory entities and limited availability in certain regions are factors to consider.
✅ Recommended for traders looking for an efficient, cost-effective, and well-regulated forex broker with instant withdrawals and tight spreads. 🚀
✔ Fast order execution with minimal slippage
✔ Low spreads and commission-free trading options
✔ Strong regulatory oversight (FCA, CySEC, FSCA)
✔ Instant deposits and withdrawals on most methods
✔ 24/7 multilingual customer support
✔ Supports MT4, MT5, and algorithmic trading strategies
❌ Not available for U.S. traders
❌ Offshore regulation (Seychelles, BVI) for some jurisdictions
❌ Phone support not available in all regions
Exness stands out for its cost-effective trading conditions, including tight spreads and a transparent fee structure. The broker’s instant withdrawal processing sets it apart from competitors, providing traders with quick access to their funds.
Regulatory oversight from FCA, CySEC, and FSCA enhances credibility, though its offshore registration in certain jurisdictions means investor protections can vary depending on the region. Exness excels in execution speed and platform stability, making it a top choice for algorithmic traders and scalpers.
While customer support is available 24/7, phone support is not offered in all regions, which may impact traders who prefer direct communication.
Overall, Exness is a strong choice for traders looking for a broker with ultra-fast execution, low trading costs, and reliable funding processes.
To open an account, visit the Exness website and click on "Register." Enter your country of residence, email address, and create a password. Follow the prompts to complete your profile and verify your identity.
The minimum deposit varies depending on the account type. For Standard and Standard Cent accounts, there is no specified minimum deposit, allowing traders to start with an amount they are comfortable with.
You will need to provide a government-issued ID (such as a passport or driver's license) and a proof of residence document (like a utility bill or bank statement) to verify your account.
Account verification typically takes a few hours after submitting the required documents, but it can take up to 24 hours during peak times.
Exness supports various payment methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller.
Exness does not charge fees for deposits or withdrawals. However, third-party payment providers may apply their own charges.
Yes, Exness allows clients to open multiple trading accounts under the same Personal Area. This enables traders to use different strategies or manage various portfolios.
Exness offers flexible leverage options, including the possibility of unlimited leverage, depending on the account type and regulatory restrictions.