Exness Forex Broker Review

 

Founded in 2008, Exness is a global Forex and CFD broker that offers clients the opportunity to trade a wide range of tradable assets including currencies, metals, commodities, indices and shares. The broker also provides a range of trading platforms, education and research tools to help traders tailor their financial services to their individual needs.

The company is regulated in multiple jurisdictions and has a strong focus on transparency with client accounts and trading costs being reported by the company on a monthly basis. Additionally, the broker is one of very few brokers that publishes its trading volume with a view to demonstrate its commitment to openness and trust.

Account opening at Exness is relatively simple with the website requiring just a country of residence, email address and password. This account will grant access to the Exness terminal and a user-friendly Personal Area from which it is possible to add additional trading accounts, monitor activity and participate in social trading.

A full suite of trading features are available on the proprietary Exness Terminal platform, with a variety of order types including market and pending orders. Users of the platform can also access a large number of news and analysis via a comprehensive news feed. MetaTrader 4 and 5 are also offered for those preferring the more traditional graphical interfaces, with both of these offering access to a more extensive list of trading tools.

Traders can open a standard or a standard cent account with Exness, both of which are designed for new investors and come with no commissions on trades, as well as a range of trading instruments. For more experienced traders, the broker also offers a professional account with tighter spreads and no swap fees.

All account types at Exness are accessible on mobile devices with the standard account allowing up to 50 trades per day and the cent account limiting the number of daily trades to 10. In addition, all accounts can be opened in 45 different base currencies.

The minimum deposit required to start trading at Exness is $10, which is very competitive compared to OctaFX which requires a $25 minimum and IC Markets with a $200 minimum. The broker accepts a number of payment methods and does not charge any fees for deposits or withdrawals.

The company also offers a generous referral program which pays out rewards to existing customers who refer new trading partners to the firm. This includes a variety of prizes based on trading volume and the number of active trades. Those interested in the scheme can sign up through an affiliate link on the company website, where they can find more information. In addition, the firm has an extensive library of informative video lessons and articles to help potential customers understand what they can expect from their service. Exness is a reputable and reliable broker, with robust internal security measures in place to protect clients' interests and segregated funds to ensure that the broker can pay out their winnings.