Why We Review Exness
As part of our mission to help traders make informed decisions, we evaluate brokers like Exness based on critical criteria such as regulation, trading conditions, fees, account types, and user experience. This helps traders — whether beginners or experienced — understand if a broker offers fair, transparent, and competitive trading conditions. Exness is reviewed here because it is widely used globally and often promoted as a reliable forex and CFD broker.
What Is Exness?
Exness is an online multi-asset broker founded in 2008 that offers trading in Forex and CFDs on various financial instruments, including currencies, metals, commodities, indices, cryptocurrencies, and stocks. It supports popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary Web and mobile terminals.
Exness is known for its technology-driven execution, competitive trading conditions, and access to flexible leverage levels. It is regulated in multiple jurisdictions and serves traders worldwide.
Who Should Use Exness?
Exness caters to a broad range of traders:
✅ Ideal for:
- Beginner traders who want a simple onboarding process and easy-to-use platforms.
- Forex traders seeking fast execution and tight pricing.
- Active traders and scalpers who benefit from low spreads and fast order processing.
- Experienced traders who want flexible account options and advanced platform features
- Traders who want competitive deposits and withdrawals in multiple currencies and methods.
⚠️ May be less suitable for:
- Traders seeking direct stock ownership or the widest asset range available at brokers specializing in equities and ETFs.
- Those who prefer extensive educational research tools, which may be less comprehensive than some other brokers.
Pros & Cons
👍 Pros
- Strong global regulation and trust score with oversight by FCA, CySEC, and other authorities.
- Reliable and versatile platforms including MT4, MT5, web, and mobile.
- Competitive trading costs — low spreads and flexible leverage.
- Fast and transparent deposits & withdrawals, with no fees on most methods.
- 24/7 multilingual customer support.
- Islamic swap-free accounts available for compliant trading
👎 Cons
- Services may be limited or unavailable in some regions due to local regulation.
- Range of tradable instruments is narrower compared to some specialized brokers
- Leverage flexibility can increase risk if not used carefully
- Educational and analytical tools may be less extensive than industry leaders.
What Types of Accounts Does Exness Offer?
Exness offers multiple account types designed to suit different trading experience levels and trading strategies. These accounts range from beginner-friendly options to professional-grade accounts with advanced trading conditions.
Which Exness Account Is Best for Beginners?
For beginners, Exness provides Standard Accounts that focus on simplicity, lower risk, and ease of use. These accounts do not charge trading commissions and are suitable for traders who are still learning how the Forex market works.
- Standard Cent Account
This account uses cent lots, allowing traders to trade with very small position sizes. It is ideal for beginners who want to test strategies, understand order execution, and manage risk with minimal capital.
Not sure what a lot size is in Forex trading? You can learn more here.
- Standard Account
The Standard account offers commission-free trading with stable spreads and access to a wide range of trading instruments. It is suitable for beginner and intermediate traders who want straightforward trading conditions.
What Are Exness Professional Accounts?
Exness professional accounts are designed for experienced traders who require tighter spreads, faster execution, and more flexible trading conditions. These accounts typically involve commission-based pricing.
- Pro Account
The Pro account offers lower spreads and faster execution, making it suitable for experienced traders who want improved pricing without overly complex fee structures. - Zero Account
The Zero account provides near-zero spreads on major currency pairs for most of the trading day. This account uses a commission-based model and is suitable for traders who rely on precise entry points. - Raw Spread Account
The Raw Spread account features ultra-low spreads combined with a fixed commission per trade. It is particularly suitable for scalpers, day traders, and high-frequency trading strategies.
Does Exness Offer a Demo Account for Practice?
Yes, Exness offers demo accounts on both MT4 and MT5 platforms. Demo accounts allow traders to practice trading with virtual funds in real market conditions, helping them test strategies and become familiar with the trading platform without any financial risk.
What Investment Products Can You Trade on Exness?
Exness offers a variety of financial instruments, including:
- Forex pairs (major, minor, and exotic)
- CFDs on commodities (gold, silver, oil)
- Indices tracking global markets
- Cryptocurrency CFDs (Bitcoin, Ethereum)
- CFDs on stocks and ETFs (limited selection compared to dedicated equity brokers)
Exness Fees
Exness offers competitive cost structures:
📉 Spreads & Commissions
- Spreads vary by account type and market conditions.
- Raw Spread and Zero accounts often offer very tight spreads (as low as 0.0) with a commission.
- Standard accounts have wider spreads but no commission
💰 Other Fees
- No management fees or inactivity fees on most accounts.
- Many deposit and withdrawal methods are free
- Some asset classes may carry swap/overnight fees
Overall, Exness’s fee levels are considered competitive and often lower than many rivals in the retail forex space.
What Are the Steps to Register an Exness Account?
You can open an Exness account in just a few steps:
Step 1: Account Registration
- Visit the official Exness website
- Click Register / Open Account
- Enter your email, country of residence, and a secure password
Step 2: Choose Trading Account
- In this step you can choose Demo Account or Real Account
Step 3: Complete Profile
- Select Complete Profile Button
- Confirm email address
- Next step complete your profile information
- Answer some questions from Exness
- Confirm phone number
Step 4: Verify identity
- After completed Profile details complete, go to Verify identity now
- Upload a government-issued ID
The photo must be clear, sharp, high-quality, and show all four corners of the document.
- Wait a minute
- Completed Verify Identity
Step 5: Create a Trading Account
- Choose Demo or Real account
- Select trading platform (MT4, MT5, or Web Terminal)
- Choose the account type that fits your trading style
Step 7: Deposit Funds
- Select Deposit
- Select a payment method
I recommend using Deposit USDT BEP20 ( You can buy USDT from Binance ) for the cheapest rate
- Deposit funds into your trading account
- Start trading once the balance is available
Summary
Exness remains a reputable, tech-driven broker with strong global regulation, competitive fees, flexible account options, and reliable platforms suitable for both beginners and experienced traders. However, traders should be aware of the risks involved with leverage and the slightly narrower range of tradable instruments compared to some other brokers.