Exness Review 2025

Key Takeaways

• Exness is a UK-founded broker that started operations in 2008.

• The broker uses popular platforms MetaTrader4 (MT4) and MetaTrader5 (MT5) as its desktop, web, and mobile platforms.

• The broker’s website can be accessed in 18 different languages.

• Exness offers helpful 24/7 customer support in 17 different languages.

• Exness affiliates Nymstar and Vlerizo Pty Ltd. are regulated by the Seychelles Financial Services Authority (FSA) and the South African Financial Sector Conduct Authority (FSCA), respectively.

• Exness claims to have had over 800,000 active global traders.

• Exness closed its European Economic Area (EEA) retail business in 2019 to focus on its business-to-business (B2B) unit. This pullout included its UK headquarters.

• The broker keeps its UK Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC) regulation for its B2B unit, but does not offer retail clients any top-tier regulation.

• Exness offers four main account types. Each account type is equipped to handle FOREX currency trading, metals, cryptocurrencies, energies, and indices.

• With 96 currency pairs, 81 stocks and indices, 10 cryptocurrencies, as well as 12 metals and energies, the broker has a growing market presence.

• Exness offers mostly competitive spreads and commissions across most account types.

• Exness customers can access a comprehensive research and education repository that is complemented by third-party material from Trading Central.

Overall Summary

Founded in 2008, Exness is a global CFD and FOREX broker serving over 800,000 active clients across multiple jurisdictions. You can access more than 220 instruments, including 96 currency pairs, stock CFDs, indices, commodities, and cryptocurrencies, though ETFs and bonds are notably absent. Exness supports both MetaTrader 4 and 5, alongside its proprietary Exness Terminal web and mobile app (no desktop version). However, real stocks and ETFs are not available, limiting asset diversification for those seeking broader exposure.

The broker operates under a complex regulatory framework, with Tier-1 licenses from the FCA (UK) and CySEC (EU), though these entities serve professionals only. Most retail clients are routed through offshore entities in the Seychelles, Mauritius, South Africa, Kenya, and Jordan, where oversight is less stringent.

Investor protection up to £85,000 and €20,000 is available only to professionals under FCA and CySEC, respectively. Retail clients do benefit from negative balance protection, and leverage can reach up to 2000:1 in some jurisdictions.

Account options are plentiful, ranging from the Standard account with just a $10 minimum deposit to more advanced Raw and Zero accounts that offer raw spreads from 0.0 and commissions from $0.05 per lot-side. EUR/USD spreads are as low as 0.0 with a $3.50 round-trip commission on the Raw account. There are no inactivity or withdrawal fees, and funding options include cards, bank transfers, and e-wallets.

The broker’s mobile app is intuitive, and the Exness Terminal delivers slick TradingView charts with over 100 indicators. Educational content is available but light compared to competitors. Despite some regulatory limitations and product gaps, Exness stands out for its raw spreads, fast execution, and suitability for both scalpers and algorithmic traders.

Is Exness Safe?

Yes, Exness is widely regarded as a reasonably safe and adequately regulated broker, with a solid operational track record since its launch in 2008. However, as a retail trader, you may not be as secure as you think.

The broker’s regulatory portfolio includes multiple licenses between Tier-1 to Tier-4 jurisdictions. Some of the most prestigious regulations it works with come from FCA in the UK and CySEC in the EU—both Tier-1 regulators. However, these licenses are restricted to professional clients only.

A quirk of this broker is that retail clients are typically onboarded under offshore branches regulated by the Seychelles FSA, Mauritius FSC, or other lower-tier jurisdictions in South Africa, Kenya, and Jordan. While every regulator is operated by professionals and tries to carry out its mandate as best it can, we don’t need to tell you that regulators are tiered for a reason – mostly around the robustness of their rules and the degree to which they protect retail traders.

Retail clients under offshore entities receive negative-balance protection, ensuring they can’t lose more than their deposit. However, they aren’t entitled to investor compensation. Professional clients registered under FCA and CySEC can access investor protection of up to £85,000 and €20,000, respectively, in the event of broker insolvency.

Exness is a member of the Financial Commission, an international organization that helps resolve FOREX disputes. What this means is that if Exness goes bust, the Financial Commission, as a neutral party, can adjudicate any claims against the broker. In principle, this measure is an insurance policy for retail traders, however, in practice, it does not cover traders’ losses incurred while engaging in self-directed trading, and it also does not apply to a broker’s entire client base should the broker become insolvent.

Like any broker, Exness isn’t entirely risk-free. But its strong regulatory coverage, ongoing global licensing efforts, and operational transparency offer some confidence that your funds are being handled responsibly.

How Exness Protects You from Reckless Leverage and Margin Trading

Depending on your account type and which entity you’re registered under, leverage at Exness can go as high as 2000:1. Clients trading through offshore jurisdictions often get access to the highest leverage, while more regulated branches restrict high leverage access to professional traders only. This gives experienced traders the freedom they want, while adding a layer of protection for newer retail clients.

One of the standout features at Exness is the ability to adjust your own leverage. If you want to take a more conservative approach, you can dial it down. That’s a major plus, especially for traders who understand how margin levels impact position sizing and drawdowns.

Asset-specific leverage is also in play. Major FOREX pairs can often be traded at maximum leverage, while riskier or more volatile assets like crypto come with lower default settings.

Exness also enforces a 30% margin call level on professional accounts, adding a built-in risk trigger before losses spiral. Combined with negative balance protection for all account types, this gives traders a controlled environment to scale positions responsibly.

How you are protected

All Exness entities offer negative balance protection, meaning you can’t lose more than you deposit. Exness also enforces strict fund-segregation policies. Your money is kept in separate bank accounts, making sure that it remains untouched even if the broker encounters financial difficulties.

As mentioned, only traders registered under the FCA and CySEC licenses can benefit from formal investor protection, up to £85,000 in the UK and €20,000 in the EU. Retail traders outside these regions don’t have access to compensation in the event of broker insolvency, though Exness does maintain a strong track record and publishes key operational metrics to improve transparency.

Despite these jurisdictional differences, Exness still provides a high standard of client protection through its risk controls, segregated accounts, and negative balance policy.

Regulation and other security measures

In addition to the broker’s regulatory coverage, it helps keep your funds secure by ensuring that all financial transactions conducted on Exness platforms are encrypted using up-to-date security protocols, providing a secure channel for deposits, withdrawals, and account activity.

However, unlike some competitors, Exness does not currently offer two-step authentication or biometric login options like Face ID or fingerprint access, which would further enhance login security.

Clients using MetaTrader 4 or 5 benefit from encrypted data transmission and can take advantage of various security settings built into the platforms, such as read-only access for third-party viewers and customizable permissions.

Taken together, these measures reinforce Exness’s commitment to providing a safe, stable, and technologically secure trading environment, even for traders operating through offshore entities.

Top broker features

There are many reasons to consider this broker. Here are some of them:

Low spreads and raw pricing: The broker offers raw spreads on major FOREX pairs like EUR/USD through its Raw and Zero accounts.

Flexible leverage options: You can access leverage up to 2000:1, depending on your region and account type, and you can also manually adjust leverage settings to match your risk tolerance.

Fast and free withdrawals: Withdrawals are processed instantly and in almost all cases come with zero fees.

Solid range of account types: From the beginner-friendly Standard account to professional-level Raw and Zero accounts, Exness caters to all experience levels.

Social and copy trading: Exness supports social trading via a dedicated platform that lets users follow and copy strategy providers, with performance stats like drawdown and trading reliability built in.

Strong research and trading tools: You can make the most of Trading Central analysis, integrated economic calendars, and over 100 indicators within the Exness Terminal platform.

Negative balance protection: All accounts include negative balance protection, ensuring that you never lose more than your deposited capital.

For Whom Is Exness Recommended?

Exness is a solid choice for beginners taking their first steps in FOREX to experienced professionals running complex strategies. New traders can benefit from the $10 minimum deposit on Standard accounts, along with the intuitive Exness Trade platform and negative balance protection.

Scalpers and high-frequency traders will appreciate the ultra-fast execution speeds, raw spreads from 0.0 pips, and support for algorithmic trading via VPS hosting. Professionals looking for advanced tools and tighter control can use the MetaTrader suite, high leverage up to 2000:1 (depending on region), and the broker’s Pro, Raw, or Zero accounts.

Copy traders also have a dedicated social trading app where they can either follow strategy providers or monetize their own strategies. However, because retail clients are onboarded through offshore entities, Exness is best suited to traders comfortable operating without investor protection in exchange for flexible trading conditions.

Here are the pros and cons of using this broker:

Offering of Investments

Here’s a breakdown of the financial assets offered by Exness:

FOREX CFDs

Exness offers 96 currency pairs, one of the largest selections in the industry. Traders can access major, minor, and exotic pairs with raw spreads from 0.0 pips on professional accounts. Flexible leverage up to 2000:1 is available, depending on where you live.

Stock CFDs

You can choose to buy over 90 stock CFDs, including popular U.S. and global equities. These are available on select account types, with fees typically built into the spread. For example, Apple CFD spreads can be as low as $2.90, depending on market conditions.

Indices CFDs

Exness offers 10–12 major stock index CFDs, including instruments like the S&P 500 and NASDAQ. Index trading features tight spreads and commissions from $0.25 per lot-side. However, fees on index CFDs are considered average compared to other brokers.

Commodity CFDs

The broker provides access to 18 commodity CFDs, including metals like gold and silver, and energies such as oil and natural gas. These instruments are available across most account types with varying leverage and spreads. Commodities can be traded through MT4, MT5, or the Exness Terminal.

Cryptocurrency CFDs

Exness offers 9–10 crypto CFDs, including Bitcoin, Ethereum, and Litecoin, mostly against USD. As we’ve mentioned about CFDs, you don’t get to actually own the underlying asset, but instead you speculate on price movements.

Account Types

Exness offers a suitable range of account types designed to cater to both beginner and advanced traders. The Standard account is the most popular, and indeed the only option, for retail traders. For pros, you can take your pick from the Pro, Raw Spread, and Zero, each differing in minimum deposit, pricing, and execution type.

Standard account: Ideal for new traders, this account allows trading in smaller volumes with a minimum deposit of just $10. It offers market execution, wider spreads, and only supports FOREX and metals.

Pro account: Designed for experienced traders, the Pro account has a $200 minimum deposit and offers both instant and market execution. Spreads are tighter and there are no commissions.

Raw spread account: This account offers ultra-tight spreads starting from 0.0 pips, with a commission of up to $3.50 per lot-side. The minimum deposit is $200 and all trades use market execution.

Zero account: Featuring zero spreads on top instruments and a per-trade commission starting at $0.05 per lot-side, the Zero account is suitable for traders who are most interested in price precision. It also requires a $200 minimum deposit.

Demo account: Loaded with $10,000 in virtual funds, the demo account is perfect for practicing strategies or exploring the platform.

Islamic (Swap-free) account: Exness supports swap-free Islamic accounts across all account types. Traders can choose from two levels of swap-free status, tailored to short-term or long-term trading needs, aligning with Sharia law by eliminating overnight interest charges.

Account opening

Opening an account at Exness is quick, fully online, and beginner-friendly. The process can take less than 20 minutes if you have your documents ready, and most accounts are verified within one business day.

What is the minimum deposit at Exness?

​​The minimum deposit at Exness depends on the account type. For the Standard account, the minimum deposit is just $10, making it ideal for beginners. More advanced accounts like the Pro, Raw Spread, and Zero require a $200 minimum deposit.

How to open your account​

After selecting “Open Account” on the Exness website, traders must provide their email, set a password, and select their country of residence.

Next, they choose their preferred account type and base currency, complete a short trading experience survey, and submit personal identification documents along with proof of residence. Once verified, clients can fund their accounts and begin trading immediately using the Exness Trade app, MetaTrader platforms, or the Exness Terminal.

Deposits and Withdrawals

Exness offers a range of deposit and withdrawal options designed for speed, flexibility, and cost-efficiency.​

Account base currencies

Exness offers 45 different base currencies for trading accounts. This wide selection allows you to match your trading account with your local bank currency, helping avoid conversion fees.

This variety positions Exness ahead of many competitors as some similar-sized brokers only offer as many as 10 account base currencies.

Exness deposit fees and options

Exness does not charge any deposit fees. Clients can fund their accounts using a variety of methods including credit/debit cards, bank transfers, and electronic wallets such as Skrill and Neteller.

The platform supports over 45 base currencies, helping clients avoid currency conversion charges if matched with their local bank account. Most deposit methods are processed instantly or within a few hours, though bank transfers may take longer depending on the provider.

Funds can only be deposited from accounts registered in the same name as the Exness trading account.

Exness withdrawal fees and options

Withdrawals at Exness are also free of charge, with zero internal withdrawal fees. Clients can withdraw funds using the same methods as deposits, including bank cards, e-wallets, and bank transfers, depending on regional availability.

Processing times are typically fast, with many withdrawals completed instantly or within 24 hours. Similar to deposits, withdrawals must be in the name of the trader.

Customer Service

Exness offers a comprehensive and multilingual customer support system perfectly constructed to help traders around the clock. Live chat is accessible directly on the Exness website and offers immediate assistance to traders who need solutions.

You can also contact the broker through email and phone. Exness provides customer support in 14 languages. This robust support infrastructure ensures that traders have access to quick and effective service, enhancing the overall trading experience with Exness.

Commissions and Fees

Here’s a breakdown of Exness’s spreads, commissions, swap fees, and other charges.

Spreads

Spreads at Exness vary depending on the account type. Standard accounts are commission-free but have wider spreads, starting from 1 pip. For tighter spreads, Pro accounts start from 0.1 pips, while Raw Spread and Zero accounts offer spreads from 0.0 pips, a great choice for scalpers and high-frequency traders.

Commissions

Commissions are only charged on professional accounts. The Raw Spread account comes with a $3.50 per side per lot (i.e., $7 round turn), while the Zero account offers commissions starting from $0.05 per lot-side, depending on the instrument. Standard and Pro accounts are commission-free.

Swap fees and Islamic accounts

Exness offers two levels of swap-free (Islamic) account options, catering to different trading styles, for example, day trading versus holding positions overnight. While these accounts do away with interest charges, they may include fixed charges on specific instruments. All account types support swap-free status upon request and approval.

Inactivity fee

Exness charges no inactivity fee, which means traders won’t incur penalties for dormant accounts. This makes Exness attractive for part-time or casual traders who may not trade continuously.

Other commissions and fees

There are no deposit or withdrawal fees for using bank cards, electronic wallets, or bank transfers. Stock CFD fees are embedded in the spread (e.g., Apple CFD at ~$2.90), and index CFD trading (e.g., S&P 500) includes a commission of $0.25 per lot-side. No account maintenance or platform fees are charged.

Platforms and Tools

Here is an overview of the Exness desktop and web trading platforms in terms of key usability features:

Platforms

On desktop, Exness supports MT4 and MT5, two of the most popular platforms in the industry. These platforms are sure to give you advanced charting capabilities, algorithmic-trading support, custom indicators, and multi-window views.

Users can set price alerts, manage risk with various order types, and access historical data for backtesting. The desktop versions are particularly suited for professional traders who require deep functionality and custom setups.

For browser-based trading, Exness offers its proprietary Exness Terminal, a lightweight but robust web platform powered by TradingView charts. The Exness Terminal features intuitive drag-and-drop tools, over 100 indicators, integrated Trading Central analytics, and a native economic calendar.

Look and feel

The Exness Terminal and MetaTrader desktop platforms offer a clean, user-friendly interface. While the MetaTrader platforms will be well known to most traders, the Exness Terminal focuses on simplicity with intuitive navigation. You can enlarge chart areas by hiding the watchlist and trade panels, although we found that the overall layout customization to be somewhat limited.

Login and security

Security-wise, Exness’s platforms offer only single-step login, without two-factor authentication (2FA). The lack of biometric login options like Face ID or fingerprint access further reduces login security.

Search functions

The search function is efficient and easy to use across the Exness platforms. Traders can either type in an instrument name directly or browse through category folders to find specific products. This straightforward approach makes navigation accessible even for newbie users.

Placing orders

You can find all the essential order types when placing orders on both the MetaTrader and Exness Terminal platforms: market, limit, stop, and stop limit. Time-in-force options like Good ‘til Canceled (GTC) and Good ‘til Time (GTT) are also supported, although trailing stop orders are not available on the Exness Terminal.

Alerts and notifications

The Exness Terminal platform allows you to set price alerts, which is helpful for tracking key levels without monitoring the screen all the time. Alerts can be triggered when the price touches pre-set support or resistance levels.

Mobile Trading

The Exness mobile trading experience is strong in usability and functionality but could benefit from improved security and native alert features. Here’s a summary of how Exness performs across key mobile trading metrics.

Platforms

You get access to three core mobile apps: Exness Trade, MT4, and MT5, each catering to different trader needs. The Exness Trade app, available on iOS and Android, is the broker’s proprietary platform.

For more advanced functionality, you can use the MT4 and MT5 mobile apps, which include features like multi-timeframe charting, technical analysis indicators like Bollinger Bands, Moving Averages, and RSI Indicators, pending orders, and real-time account monitoring. These apps offer advanced charting with over 30 built-in indicators, 9 timeframes, and interactive price charts.

Exness also offers a Social Trading app, specifically for users who want to copy professional traders. This app allows investors to browse trading strategies, monitor performance metrics like drawdown and profitability, and copy trades in real time, all from a mobile device.

Look and feel

The Exness MetaTrader mobile suite is sleek, intuitive, and well-organized. It offers a clean interface that follows the functionality of the desktop version, making it easy for traders to navigate among charts, order panels, and instruments. You’ll find all the core features, and the platform supports multiple languages, including Arabic, Spanish, Vietnamese, and more.

Login and security

Security on the mobile app is limited to one-step login. There is no 2FA or biometric login options like `face ID or fingerprint unlock. This is a notable gap, especially for users prioritizing enhanced login security on mobile devices.

Search functions

The mobile platform offers a straightforward and efficient search tool. Traders can either type the name of a financial instrument or browse through categorized folders to locate products..

Placing orders

​Users can place the full range of standard order types: Market, Limit, Stop, and Stop Limit. Time-in-force conditions like Good for Day, GTC, and GTT are supported.

Alerts and notifications

One key limitation is that price alerts cannot be set directly within the mobile app. While notifications triggered from the desktop platform can still appear on mobile devices, the inability to configure alerts natively on mobile reduces flexibility for on-the-go traders.

Research and Development

Exness offers Trading Central to all clients directly within its client portal and Exness Terminal. This includes analyst views with specific price forecasts, support and resistance levels, and directional signals shown as green or red arrows on the charts. The platform also integrates Trading Central WebTV, providing daily video commentary and trading ideas straight from the New York Stock Exchange floor.

Exness features a live Market News section, powered by FXStreet, accessible within the client portal. This real-time stream ensures traders stay informed of major economic and geopolitical events impacting the markets.

The economic calendar is embedded within the Exness Terminal platform. Exness Terminal provides charts similar to TradingView, with over 100 indicators and a rich set of drawing tools. The user-friendly interface supports pre-trade and post-trade drag-and-modify functionality for stop-loss and take-profit levels.

Exness includes social sentiment analysis for currency pairs, offering traders insight into how others are positioning in the market—a useful tool for gauging crowd behavior.

Though the volume of content is moderate in today’s information-saturated environment, the quality is strong, and both beginner and advanced traders can benefit.

Trading statistics

Exness offers a comprehensive Trading Calculator that enables traders to accurately compute such essential metrics as pip value, margin requirements, spreads, and commissions. This tool is invaluable for pre-trade planning and risk management, allowing users to assess potential costs and profits before executing trades.

For traders interested in in-depth market analysis, Exness provides access to historical tick data. This feature allows users to download and analyze precise price movements over specific periods, facilitating the development and backtesting of trading strategies.

On the Social Trading side, the platform features performance metrics for each strategy provider, including:

●     Maximum drawdown – shows the worst peak-to-trough decline, helping you gauge risk.

●     Monthly returns – gives insight into recent profitability.

●     A proprietary Trading Reliability score – calculated by combining a provider’s safety score and Value at Risk (VaR). This helps rank strategies based on consistency and risk management.

Trading signals

Integrated directly into the Exness Terminal and client portal, Trading Central delivers analyst-generated signals in the form of directional arrows and price forecasts. These signals come with support and resistance levels, as well as articles explaining the logic behind each recommendation. The signals are updated regularly and appear as overlays on charts, making them easy to interpret in real time.

Exness also provides copy trading through its Social Trading platform. Here, users can follow and automatically copy trades from thousands of strategy providers. Each provider is rated based on a proprietary Trading Reliability score.

Education

Exness provides a solid enough selection of educational resources aimed at both beginner and intermediate traders. Most of this content is available in text and video format through the Exness Blog and the company’s YouTube channel. Topics range from basic trading strategies and platform tutorials to advanced guides such as algorithmic trading with Python on MT5 and the use of Fibonacci retracements.

A unique aspect of Exness’s educational strategy is the Team Pro initiative, featuring a group of experienced traders who share insights and trading approaches in an influencer-educator format. These contributors also participate in periodic webinars and panel discussions, which are available as archived videos. While these resources can be insightful, they sometimes veer toward promotional content and may include unverified or unbalanced claims, so discretion is advised when consuming this material.

Exness offers a strong, focused product suite centered on FOREX and CFD trading, though it lacks access to real stocks, ETFs, or bonds. The broker brings to the party ultra-low spreads on key FOREX pairs, a sleek proprietary trading terminal, and flexible account options tailored to both beginners and professionals. With support for social and algorithmic trading, free deposits and withdrawals, and oversight from multiple regulators, including the FCA, CySEC, and the FSA, Exness is a smart pick for traders who value flexibility, low-cost execution, and platform versatility.

Final Thoughts on Exness

Exness is a globally active broker that stands out for its low-cost entry, with Standard accounts starting at just $10 and zero fees on deposits, withdrawals, or inactive accounts, an appealing setup for both new and budget-conscious traders.

Though limited to CFD trading, Exness offers access to more than 220 instruments across FOREX, indices, commodities, stocks, and cryptocurrencies. FOREX traders, in particular, benefit from ultra-tight raw spreads from 0.0 pips and commissions as low as $0.05 per lot-side on select accounts. The broker also supports flexible leverage up to 2000:1, depending on jurisdiction, giving high-frequency and algorithmic traders room to scale strategies efficiently.

For traders seeking raw pricing, fast execution, and flexible trading conditions—with minimal cost barriers—Exness delivers a well-rounded platform backed by modern infrastructure and scalable tools, especially suited to experienced and technical traders.

Conclusion

Exness is a global FOREX and CFD broker that has rapidly expanded since its founding in 2008, offering a range of account types and platforms to suit traders of all experience levels. While its product range is narrower than some competitors, primarily focused on FOREX and CFDs, it provides a strong infrastructure with low-cost trading, quick deposits and withdrawals, and access to major platforms like MT4, MT5, and its proprietary Exness Terminal.

Notably, Exness supports social and copy trading, caters to scalpers and algo traders with features like free VPS hosting, and maintains competitive pricing through zero-commission accounts and raw spreads. Its user-friendly setup and extensive educational tools make it appealing to both beginner and professional traders.

Despite its strengths, Exness does have some limitations. It does not offer services to retail clients in highly regulated jurisdictions like the UK or EU, instead onboarding them through offshore entities in regions with more lenient oversight.

Review Methodology

The team at Arincen collected more than 120 pieces of data covering in excess of 100 licensed FOREX companies. Data collection was done in three ways:
1. Companies’ Websites.
2. Other Websites that have ranked FOREX companies.
3. A survey questionnaire (referred to here as Survey “1”) we had sent to the companies invited to participate in the exercise.
We have identified 12 criteria for our assessment, each containing several aspects and carrying its own relative weight. These include licensing, deposits and withdrawals, number of assets etc. 
Afterward we validated the data by:
1. Registering with FOREX companies as a secret shopper and/or as Arincen.
2. Survey number “2,” in which we asked these companies’ customers for important feedback and past experience.
The next step saw us evaluate and rank each company, relying on the hard work of 15 Arincen employees. We were very careful in ensuring the most accurate assessment possible, including taking into account different languages, as well as the various mobile-app operating systems, e.g., Apple, Samsung etc.

To add credibility to our research project, we sent a final and third survey (referred to here as Survey “3”) to enable participating FOREX companies evaluate our own research and whether it accurately reflects the realities on the ground. We were fortunate enough to receive a mark of 9.9 out of 10! We have kept to a minimum the margin of error, which stood at a measly 1%. To learn more on how we came up with the evaluation, please click here.