Exness Review in 2024 Spreads & Fees Compared

broker exness

³Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded. Any interaction with this website constitutes an individual and voluntary operation on the part of the person accessing it. This website and its content should not be understood as an invitation for the contracting and/or acquisition of Exness’ financial services and products.

Delay and sometimes completely avoid stop outs while trading with Exness. Manage your account and get the support you need with just a few clicks. Build your portfolio with confidence with our up-to-date market analysis and other resources. Is a Securities Intermediary registered in Curaçao with registration number (0) and authorised by the Central Bank of Curaçao and Sint Maarten (CBCS) with licence number 0003LSI.

These platforms are renowned for their extensive charting tools, technical indicators, and capabilities for algorithmic trading. Overall, these are both nice touches to otherxcritical powerful charts, loaded with over 100 indicators and almost as many drawing tools. Our proprietary Exness Trade app is available in the majority of countries where we accept registrations. If you don’t see the download buttons on this page, it means that the app is xcritically not available in app stores in your country. Enjoy hassle-free deposits and withdrawals with a wide range of payment options. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

One prominent feature is the real-time push notifications that traders receive directly to their devices, ensuring they stay informed about market movements, price alerts, and potential trading opportunities. Exness offers mobile trading apps, as well as MT4 and MT5 for both Android and iOS devices. These apps grant traders the flexibility to access their accounts, execute trades, and monitor market developments while on the move. For example, it is easy to find the most copied providers and “best” strategies but not the least copied or worst performing ones, which can result in a database bias when sorting through providers. The MetaTrader 5 trading platform unlike MetaTrader 4, enables share trading so it is a better choice if you wish to access the entire suite of trading products Exness offers. In fact, MetaTrader 5, is an upgrade on MetaTrader 4 meaning it is superior in every way.

About the Editorial Team

In the table below, we compare the published spreads Forex brokers list on their websites with the published spreads Exness list for their commission-based accounts. Exness does claim to have an average of 0 pips for selected certain currency pairs and this stands out since no other broker claim this. Overall, Exness’ flexible deposit and withdrawal options contribute to a user-friendly experience, allowing traders to efficiently manage their funds. The broker’s efforts to minimize fees make it a favorable choice in this regard. However, traders should be mindful of fees set by their payment providers. Exness does not specify a minimum deposit requirement, allowing traders to start with an amount that suits their financial situation.

Similar to the Zero Account, this account also xcritical official site offers ultra-low to no spreads with the Lowest Commission Brokers, which is capped at USD 3.5 per lot in each direction. While the commission does vary depending on the instrument traded, the degree of this variation appears to be less than the Zero Account which can fluctuate more widely. Overall, while these spreads aren’t bad, they’re also not the best, so If you’re looking for a broker with the tightest spreads, you can read our analysis on the Lowest Spread Forex Brokers. We set out in 2008 to balance ethics and technology to reimagine how the ideal trading experience could be. Today, as a leader in the industry of CFD trading, servicing over 800,000 active traders, we know we’re on the right path. Both MT4 and MT5 platforms offer advanced charting tools, customizable technical indicators, and an intuitive user interface.

What is the minimum deposit to open Exness account?

broker exness

If you are logged in to an MT4 account, you will be redirected to download the MT4 mobile app on your phone. ²Deposit fees may be applied to specific payment methods to maintain the integrity of our payment processes. Compare Exness with the top 3 similar brokers that accept traders from your location. Exness is a xcritical scammers quality broker with global investment opportunities for traders of all abilities.

Exness’ commitment to this diverse selection empowers traders to diversify their portfolios, adapt to market conditions, and implement a wide range of trading strategies to achieve their financial goals. Exness is one of the largest forex brokers globally by trading volumes, handling several trillion dollars worth of volume. If it continues to grow, I would like to see it begin to accept retail clients in its Tier-1 regulatory jurisdictions which would help it be more competitive with Highly Trusted brokers. With our user-friendly platform, low fees and comprehensive range of trading options, we are committed to empowering you to trade with confidence. MetaTrader 4 and MetaTrader 5 are both available as mobile applications, allowing Exness clients to open positions from an easy-to-use app in any location.

The Exness Zero (0) Spread Account offers no spreads throughout 95% of the trading day. However, our review found commission is applicable, with charges from $3.50 per lot/side. Exness supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) terminals. Both platforms are industry-recognised and available for free download to PC and desktop devices, or via all major web browsers including Windows XP, Windows 10+, and Mac. Exness is one of the most accessible brokers and accepts traders from most countries, aside from residents of certain jurisdictions including the USA, Iran, North Korea, Europe, the United Kingdom, and others.

Is Exness regulated?

  1. Instant order execution is available for assets across forex, metals, indices, energy, and stocks but not cryptocurrencies and is a good choice if you want greater control of your orders.
  2. MetaTrader 4 is the world’s most popular trading platform, so is a safe choice when it comes to Forex trading platforms.
  3. We are science-driven, using sophisticated models and data in everything we do to keep our clients protected and offer them better-than-market conditions.
  4. Today, as a leader in the industry of CFD trading, servicing over 800,000 active traders, we know we’re on the right path.

Locations available to open a live trading account include Malaysia, Zimbabwe, Zambia, Kuwait, Kenya, Japan, Uganda, Vietnam, Thailand, Nigeria, Pakistan, Indonesia, and more. Exness offers various account options that suit the needs of multiple trading strategies and experience levels. These include the Standard Cent, Standard, Pro, Raw Spread and Zero options. All have pros and cons, so understand your trading needs before opening a live account. The Exness Group assures a high level of safety and security for its clients. The personal area and portal access are password protected, complying with local data privacy laws.

The Pro account targets seasoned traders, offering limitless orders, smaller volumes, and low spreads from 0.1 pip. The Zero account, designed for market execution, provides zero spreads on top instruments for 95% of the day, making it suitable for expert advisors. Lastly, the Raw Spread account, tailored for experienced traders, boasts ultra-low, stable spreads with a fixed commission per lot, no position limits, and market execution. Exness offers five account types plus a demo account for each account type, except for Standard Cent. The commission-free Standard and Standard Cent accounts are ideal for casual and beginner traders. The margin call level is at 60%, and the minimum trade size is 0.01 lots and cent lots, respectively.

Furthermore, the app provides important information such as deposit limits and expected processing times, ensuring transparency and aiding in effective financial planning. Additionally, the app’s security features require verification for transactions, giving users peace of mind that their funds are handled safely. It’s worth noting that while the Exness app aims to facilitate smooth transactions, adhering to the company’s policy for using the same method for deposits and withdrawals is crucial to avoid any transaction rejections. Exness offers 97 tradable currency pairs with competitive spreads, a transparent fee structure, and industry recognised trading platforms to complete transactions. Minimum deposits start from $10, ideal for getting started with your forex trading journey.

Trading Platform

An account can be opened in minutes through the online registration portal with no deposit needed for the Standard and Standard Cent solutions. The Pro, Raw Spread and Zero accounts are activated when a qualifying deposit is made. Note, the margin call is 30% for the Pro, Zero and Raw Spread accounts and 60% for the Standard and Standard Cent solutions.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Alongside the full MetaTrader suite, including both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), Exness offers its flagship mobile app, the Exness Trade app for Android and iOS Devices. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Exness Trade app is exclusively compatible with MT5 accounts set up via an Exness trading account only. MT4 account holders cannot connect to the Exness Trade app with their MT4 account; instead, they are redirected to download the MT4 mobile app for their trading needs.