Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score. We opened and tested all of Exness’s accounts and found that its trading costs are slightly higher than average on its Standard accounts but significantly lower than average on its Pro accounts. While Exness is globally well-regulated, its business model does not align with Indian regulatory frameworks. Residents who trade through Exness do so without SEBI oversight or access to Indian-based recourse in case of disputes.
- We were pleased to note that TradingView, one of the most popular third-party trading tools on the market, is fully integrated into the platform and provides technical insight and instant pattern recognition.
- This diverse selection allows you to explore and diversify your trading portfolio.
- Exness offers competitive pricing, with Standard accounts having no commission and spreads starting from 0.3 pips.
- With over 100 forex pairs, 34 crypto pairs, 98 blue-chip stocks, 13 commodities and 10 indices, you’ll have plenty of assets to choose from.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. The Exness YouTube channel is mostly dedicated to analysis, but it also features a useful range of educational platform tutorial videos on how to use Exness Terminal and MetaTrader 4 and 5. Here, you can find everything from basic setup to more advanced topics like how to connect to Exness VPS. Alongside the fundamental insights, Exness produces Market Outlook videos presented by experienced strategists highlighting actionable trade setups, sentiment cues, and chart patterns.
- For their standard account, average floating spreads start from 0.9 pip on EUR/USD.
- Exness does offer a live chat bot which is decent but it still couldn’t answer some basic questions like “Is there an inactivity fee”.
- Exness offers several account types which are suited to different levels of experience.
- No software download is required, and it works on any device with internet.
The broker also provides negative balance protection, ensuring customers cannot lose more than their initial outlay. This dedication to security and clarity helps its customers to build confidence, thereby improving the whole trading experience. Also, changes in regulations and Broker licenses enlarge changes and differences traders may see on trading accounts, that’s why it is better to verify whether this is suitable for you. Exness in South Africa is part of the broader Exness Group, a global entity that operates in over 180 countries, servicing a broad client base ranging from individual traders to institutional clients.
Deposit Methods
The company operates under the legal entity of Nymstar Limited, which is regulated by the Financial Services Authority (FSA) of Seychelles. Seamlessly convert between different currencies with our currency converter tool, making it convenient for international traders. Effectively manage risk by using our investment calculator to calculate potential profits and losses based on various trading scenarios.
Expanding the quantity of content, if it remains just as high-quality, would be a welcome addition. Overall, these are both nice touches to otherxcritical powerful charts, loaded with over 100 indicators and almost as many drawing tools. Exness accepts deposits in different cryptocurrencies, available from within the client portal under its wallet section. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.
The divided nature of the firm enables international clients to access financial services and investment solutions, while the global brand operates retail and mainly corporate solutions or partnerships. Exness.com takes the security of its clients’ funds seriously, and protects all traders through negative balance protection. Exness is a broker you should consider if you’re looking for a wide selection of currency pairs. Trade CFDs on over 90 pairs with flexible leverage, as well as the US Dollar Index. Exness apps enable very fast deposits, push notifications and trust bringing online investing. Clients can also access Trading Central’s analysis directly through the client portal.
Trading Features
Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further empowers traders while on the move. Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. Exness does not provide a web APK, as the web terminal is browser-based and requires no download.
The 17 years old broker reported 748,000 active clients as of March 2024, continuing its strong growth trajectory. Excess’s trading volumes have reached extraordinary levels, with the company reporting $4.47 trillion in monthly trading volume for April 2024—a figure that exceeds the GDP of many countries. This exceptional trading activity places Exness among the largest retail forex brokers globally by volume, matching its outstanding online visibility metrics. If you are a beginner and don’t really understand all the concepts of trading and just want to find good signal providers to follow, the Exness social trading app is a decent option.
Exness is a large, well-established CFD broker that has grown significantly since its launch in 2008. It offers an extensive selection of tradable instruments, including a standout range of currency and crypto pairs. Exness ensures segregation of client funds and provides negative balance protection, adding a layer of security.
Their help centre also has some pretty good information which can answer some basic questions. Opening an account with Exness is relatively straightforward and entails the usual steps. You will need to provide proof of identity, proof of residency, and verify your email and phone number.
Check real-time quotes from Exness and Pepperstone in the table below. Compare bid and ask prices to find the most favorable trading conditions. For somedays you will get smooth transection but one day suddenly they will block your refunds & withdrawal. Everytime they will ask bank statement which we need to pay bank & get till date statements. These are the main steps to get started and open Real Trading account and follow with Exness login, yet we recommend to start with Demo account and practice trading first as indicated above.
Whether you’re a beginner or an experienced trader, the demo account is a great sandbox to try out new strategies and xcritical courses scam refine existing ones. The saying “Practice makes perfect” holds true, especially in the field of online trading. As a trader in the Philippines, you have the opportunity to harness the power of an Exness demo account. We built the website to assist forex traders in finding the right forex brokers to trade with ease. We are committed to transparency, accuracy, and comprehensive insights.
Scalpers benefit from Exness’s fast order execution and 24/7 market access through VPS hosting (if they qualify for one) for uninterrupted, low-latency trading. They can also keep trading costs low with Raw Spread accounts, which offer spreads from 0.0 pips plus commissions. Exness has been a long-time provider of Trading Central to complement its in-house research offering, including xcritical videos with technical and fundamental market analysis. Headlines from FXStreet also stream within the Exness MetaTrader platform suite, client portal and in the web platform. 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.
Additionally, Exness provides market-analysis tools, educational resources and trading signals to help clients improve their trading skills. The platform also features advanced charting tools, economic calendars and news feeds that assist traders in making informed decisions. Traders can choose from several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are suitable for market participants of all experience levels. With its user-friendly interface, advanced charting tools, and mobile trading options, Exness is an excellent choice for beginners looking to enter the world of online trading. These extra instruments supplement the strong trading platforms by giving traders useful information, analysis, and decision-support tools to improve their whole trading environment.