- Low minimum lot size
- Tight spreads and low minimum balances
- Commission-free accounts available
Not so great for
- Limited range of financial instruments
- Fewer tool and features compared to competitors
- Mixed user reviews
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Having a reliable and capable broker is imperative to successful trading. One of the top choices for trading is Exness, a widely available online trading platform and multi-asset broker.
In this review, we’ll cover how Exness works, the type of financial instruments it offers, costs and more.
Founded in 2008, Exness is a multi-asset global trading platform headquartered in Cyprus. Since its inception, the platform has grown steadily and amassed over 145,000 active traders across the globe.
Today, it offers access to 120+ tradable instruments, including forex, metals and cryptocurrencies. In March 2021, its monthly trade volume was reported to have hit a record high at $930.6 billion.
With Exness, you can experience the global markets by trading on a wide range of asset classes, including forex and CFDs on metals, energies, cryptocurrencies, indices and stocks. You can also benefit from little to zero trade commission, or free spreads depending on the account type you’ve chosen.
In addition, Exness also provides multi-language support with 24/7 live chat should you require urgent support.
Transactions on Exness’ PC and mobile platforms are processed with Secure Sockets Layer (SSL) protocol to safeguard its client data. To ensure that your information is secure while operating Exness, always keep a lookout for the SSL security icon (a lock sign) is displayed on the address bar of your web browser.
Nymstar Limited is the trading name of Exness Group, which is a securities dealer authorised and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025.
Below is a list of tradable instruments you can trade on Exness:
Navigate the markets and trade with ease through the features available on Exness online trading platform, such as:
Here is an overview for each of Exness’ feature-rich accounts:
|Commission per lot/side|
Note: The information provided is accurate at the time of writing (22 April 2021).
If you have any enquiries, you may reach Exness directly through the following contact details:
You can apply online for an Exness trading account as long as you’re over 18, not a US citizen and not bankrupt.
Here’s a step-by-step signup process:
To verify your information and fulfil KYC requirements, you’ll need to submit any of the following documents:
With little to no trade commission, Exness is certainly an affordable platform to trade on. Its compatibility with the highly popular MT4 and MT5 platforms also provide a secure and streamlined trading environment for both beginner and experienced traders.
However, Exness does come with a few caveats, one of them being the lack of deposit and withdrawal support with bank nor wire transfers. Compared to other online trading platforms in the markets, Exness also fall short in its variety of stocks, indices, cryptocurrencies and commodities. It also doesn’t offer bonds and ETFs. Based on reviews on TrustPilot, numerous users have also complained about the lack of responsiveness from Exness’ support team.
Before signing up with Exness, make sure to compare it with other alternatives available in the market to ensure that you find a trading platform that is best suited to your trading needs.
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