Exness Review : Exness is home to hundreds of thousands of active customers and trillions of dollars in trading volume as of April 2022. The broker provides a vast array of financial instruments, including Forex, Crypto, Metals, Energies, and more for its customers. The award-winning broker offers several types of accounts that can meet the needs of each trader’s specific needs.
What exactly is Exness?
Exness, is the brand name for the international brokerage firm which provides its services via two major offices in Seychelles and also a broker in Cyprus. The divided structure of the company allows worldwide customers to avail bespoke financial and investment services while the global brand provides a wealth of opportunities for business and retail customers, mostly corporate clients or partnerships.
The EU company based located in Cyprus provides fully-regulated services for members within the EEA and around the world. Additionally, the broker increased its global reach and set up the UK-based company Exness UK Ltd which is as well fully and legally regulated.
In reality, Exness has won numerous accolades as a retail broker since it provides stable and reliable brokerage services that come with a cozy trading environment that is designed to accommodate even the toughest traders, with their low spreads and no hidden commissions beginning at 0.1 pip. Trading is provided via the user-friendly MT4 platform which allows you to trade various CFDs and Futures on a variety of markets
Most popular features of Exness
Instant withdrawals. One thing that Exness is very proud of is its quick withdrawals. According to the broker they can process an instant withdrawal. It is not necessary to do any manual processing and withdrawals are made instantaneously even during weekend.
A Free VPS hosting service. If you are looking for speedy efficient processing, Exness has free VPS hosting. The constant internet connection will protect you from problems that could disrupt your trading.
Comprehensive Price History. Exness lets clients access an archive that is historical of all price tick information. The broker pulls this archive from its current pricing. Just go to https://www.exness.com/tick-history/, select an instrument and time period, and click to download a zip file with past bid/ask prices.
A high volume of trade. Exness has an impressive trade volume. In April of 2022, the company boasted $2.105 trillion in total trade volume. There were 281,270 clients active at the time of April, 2022. These clients have made an aggregate of $870 million in withdrawals during the first quarter of 2022.
Transparent Broker. Exness is an open broker. It is also controlled by a variety of organizations, Exness also publishes its annual reports to allow clients to view its performance indicators and audits. The reports are available through
Exness Compliance and Regulation
There are several regulators to be aware of regarding this broker, because it is regulated according to its geographical location. Here are the names of all Exness the governing bodies of Exness:
- Exness SC Ltd.: Financial Services Authority (Seychelles)
- Exness Cyprus Cyprus Securities and Exchange Commission (Cyprus)
- Exness UK: Financial Conduct Authority (United Kingdom)
- Exness ZA Pty Ltd: Financial Sector Conduct Authority (South Africa)
- Exness B.V. Central Bank of Curacao and Sint Maarten (Curacao and Sint Maarten)
- Exness VG Ltd: Financial Services Commission (British Virgin Islands)
Exness Reliability & Security
Exness provides several tools for account security to protect against hackers. They include security types as well as pins for support. These are secondary accounts verifications that include an eight-digit code to verify the action. This code is sent via the method you prefer (phone or email according to your country, TOPN). The support pin is a special combination that Exness makes use of to confirm account owners whenever they reach out to customer support.
Broker Information and Regulations, as well as License:
Exness has experienced significant growth in recent years, and is now controlled by seven different authorities. The Financial Services Authority (FCA) and the commission for financial services (FCS) Financial Sector Contact Authority (FCCA) Cyber Securities and Exchange Commission (CYSEC) and, lastly, the Central Bank of Curacao and saint martin.
Exness Price
There aren’t any management costs when you use Exness and you can sign up for an account no cost through this broker (though the deposit amount will be anywhere between $100 and $300 dependent on the account you create). While there are no charges for withdrawals or deposits however, you should be aware that there are miner’s charges for crypto transactions, Perfect Money, Skrill and USDT deposits.
Exness Review : Pros & Cons
Pros
- Competitive Spreads
- MetaTrader Suite Available
- Islamic Accounts and Swap-Free Accounts.
- High Maximum Leverage
Cons
- No Bonuses/Promos
- There are no USA clients are allowed.
- Top Exness Features.
Exness Review : Conclusion
Exness’s accolades speak for their own. The broker has performed well at award shows, and it’s evident the reason. They have spreads that are competitive with low fees and low trading costs which will enable you to reduce the burden on your bank account while maximising profits.
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