Exness is one of the world’s leading forex trading platforms, established in 2008 and serving millions of traders globally. With over 15 years of operation, Exness has built a reputation for transparency, fast execution speeds, and excellent customer support. But is Exness truly reliable, or just another scam? This detailed review explores Exness’s licenses, trading products, fees, pros and cons, and real user experiences to help you make an informed decision in 2025.
Video summary
Highlights
| 💻 Trading platform: | MetaTrader 4/5 (desktop, web, and mobile), Exness Terminal (web), and Exness Trade App (mobile) |
|---|---|
| 📊 Accounts: | Standard type: Cent, Standard, and Plus Professional type: Pro, Zero, and Raw Spread |
| 💰 Account currency: | EUR, USD, GBP, CAD, AUD, and CHF for all account types; 38 more currencies for non-cent account types |
| 💵 Replenishment / Withdrawal: | Bank Wire, Bank Cards, Neteller, Skrill |
| 🚀 Minimum deposit: | $10 (Depends on the payment system and account type) |
| ⚖️ Leverage: | 1:unlimited for retail clients (Terms and Conditions apply) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | CFDs on: forex, cryptos, commodities, indices, and stocks |
| 💹 Margin Call / Stop Out: | Standard: 60%/0% Professional: 30%/0% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Cryptocurrencies — market; Other assets — instant/market (Pro), market (Zero, Raw Spread, and standard account types) |
| ⭐ Trading features: | Floating spreads; Fixed fee per lot on professional account types. |
| 🎁 Contests and bonuses: | No |
What Is Exness?
Exness is a forex and CFD (Contracts for Difference) broker founded in 2008 in St. Petersburg, Russia, by Petr Valov and a team of finance and IT experts. Its headquarters later moved to the Czech Republic, a key financial hub in Europe. Operating under the Exness Group, the broker includes entities like Exness SC Ltd (Seychelles), Exness B.V. (Curaçao), and Exness (UK) Ltd.
Exness offers a variety of trading instruments, including forex, precious metals (gold, silver), cryptocurrencies, stocks, indices, and energies. With a monthly trading volume exceeding trillions of USD and over 281,000 active clients (as of April 2022), Exness ranks among the largest forex brokers worldwide.
Is Exness Legit? Licensing and Regulation
A critical factor in assessing a broker’s trustworthiness is its regulatory status. Exness is licensed and regulated by several top-tier financial authorities:
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FCA (Financial Conduct Authority): The UK’s stringent financial regulator.
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CySEC (Cyprus Securities and Exchange Commission): Ensures compliance with European standards.
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FSCA (Financial Sector Conduct Authority): South Africa’s financial regulator, highly regarded in Africa.
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FSA (Seychelles), CBCS (Curaçao and Sint Maarten), FSC (BVI and Mauritius): Additional licenses for global operations.
Exness is also a member of the Investor Compensation Fund (ICF), protecting client funds up to €20,000 in case of insolvency. Client money is held in segregated accounts, separate from company funds, and audited by Deloitte, one of the “Big Four” accounting firms. This transparency and security make Exness a credible option.
Verdict: Exness is not a scam. Backed by reputable licenses and strong client protection policies, it’s a trustworthy broker.
Trading Account Opening
To reduce spreads on each trade, use a FXMaxim referral code when opening an account with Exness. Before that, register on the Fxmaxim website. How to open, deposit and verify a trading account | Firsthand experience of Fxmaxim.
Trading Instruments at Exness
Exness offers a diverse range of trading products tailored to both novices and seasoned traders:
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Forex: 107 currency pairs, including 7 majors (e.g., EUR/USD, GBP/USD), 25 minors, and 75 exotics.
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Metals: 10 instruments, featuring gold (XAU/USD), silver (XAG/USD), platinum, and palladium.
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Cryptocurrencies: 7 major pairs like BTC/USD, ETH/USD, LTC/USD, and XRP/USD.
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Stocks: 30 popular stocks, including Amazon, Apple, Google, and Tesla.
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Indices: Key indices like S&P 500 and Nasdaq 100.
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Energies: Crude oil and natural gas.
While not as extensive as some competitors, Exness focuses on high-demand assets, making it ideal for both short-term and long-term trading strategies.
Exness Account Types
Exness offers two main account categories—Standard and Professional—catering to different trader levels:
Standard Accounts
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Standard Cent: Perfect for beginners, trades in cents (1 USD = 100 cents), minimum deposit $10, spread from 0.3 pips, no commission.
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Standard: Suited for intermediate traders, minimum deposit $10, spread from 0.3 pips, leverage up to 1:2000 (MT5) or unlimited (MT4).
Professional Accounts
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Pro: For experienced traders, spread from 0.1 pips, no commission, minimum deposit $200.
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Raw Spread: Ultra-low spreads from 0.0 pips, $3.5/lot commission per side, minimum deposit $200.
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Zero: Zero spreads on 30 major pairs, commission from $0.05/lot per side, minimum deposit $200.
Note: Exness provides a free Demo account with $10,000 in virtual funds for practice.
Exness provides five main account types, catering to different trader levels:
Exness Types
| Account Type | Spread | Maximum Leverage | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | From 0.3 pips | Up to 1:Unlimited | No | $10 |
| Standard Cent | From 0.3 pips | Up to 1:Unlimited | No | $10 |
| Raw Spread | From 0.0 pips | Up to 1:2000 | $3.5 per lot | $500 |
| Zero | From 0.0 pips | Up to 1:2000 | From $0 per lot | $500 |
| Pro | From 0.1 pips | Up to 1:2000 | No | $500 |
Key Highlights:
- Standard and Standard Cent accounts are ideal for beginners.
- Raw Spread, Zero, and Pro accounts are best for professional traders seeking lower spreads.
- Unlimited Leverage is available for experienced traders.
Trading Fees at Exness
Fees are a key consideration in any broker review. Exness stands out with its competitive cost structure:
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Spreads: Start from 0.0 pips (Zero and Raw Spread accounts), averaging 0.3 pips (Standard).
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Commission: None for Standard and Pro accounts; $0.05-$3.5/lot for Raw Spread and Zero accounts.
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Overnight Fees (Swap): Swap-free for gold, crypto, and stocks since 2021—a rare perk in the forex industry.
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Deposit/Withdrawal Fees: Free for most methods, with instant processing (bank withdrawals take a few hours max).
Compared to brokers like XM or IC Markets, Exness offers lower overall costs, especially with its swap-free policy.
Exness offers tight spreads and competitive fees, especially for Raw Spread and Zero accounts.
Exness Fees
| Account Type | Minimum Spread | Commission |
|---|---|---|
| Standard | From 0.3 pips | No |
| Raw Spread | From 0.0 pips | $3.5 per lot |
| Zero | From 0.0 pips | From $0 per lot |
| Pro | From 0.1 pips | No |
Key Benefits:
✅ No hidden fees
✅ Ultra-low spreads on ECN accounts
✅ Fast order execution
Trading Platforms
Exness supports a range of user-friendly trading platforms:
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MetaTrader 4 (MT4): Reliable, beginner-friendly, and widely used.
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MetaTrader 5 (MT5): Advanced features for multi-asset trading.
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Exness Trader: A proprietary mobile app for quick account management.
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Web Terminal: Browser-based trading, no download required.
All platforms boast lightning-fast execution (under 0.01 seconds) and robust technical analysis tools.
Deposit and Withdrawal Speed
Exness is renowned for its instant deposit and withdrawal processing, even on weekends—a major advantage:
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Deposits: Processed in seconds via e-wallets (Skrill, Neteller), bank cards, or crypto.
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Withdrawals: Instant via e-wallets, up to a few hours for bank transfers.
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Methods: Includes local bank options, e-wallets, and cryptocurrencies.
This efficiency makes Exness a top choice for traders needing fast access to funds.
Advantages of Exness
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High Reliability: Regulated by FCA, CySEC, and FSCA; audited by Deloitte for transparency.
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Low Costs: Competitive spreads and swap-free trading on key assets.
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Fast Execution: Near-instant order execution and withdrawals.
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24/7 Support: Multilingual assistance, including live chat, email, and phone.
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Flexible Leverage: Up to 1:2000 or unlimited (with conditions).
Disadvantages of Exness
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Higher Entry for Pro Accounts: $200 minimum deposit for Professional accounts.
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Limited Product Range: Fewer stocks and indices compared to some rivals.
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Basic Educational Resources: Lacks extensive learning materials for beginners.
Who Should Use Exness?
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Beginners: Standard Cent and Standard accounts are ideal due to low costs and high leverage.
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Professionals: Zero and Raw Spread accounts suit scalpers and high-volume traders.
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Fast Withdrawal Seekers: Exness excels for those prioritizing quick payouts.
Final Thoughts
Exness is a legitimate, transparent, and highly competitive broker in 2025. With top-tier regulation, low fees, blazing-fast execution, and stellar support, it meets the needs of both new and seasoned traders. However, if you’re looking for a broader product range or in-depth educational content, you might explore alternatives like XM or FBS.
Ready to try Exness? Start with a Demo account to test the waters before diving in!
