Exness is a 13 years old and very well known forex broker. From this article i am going to fully review exness forex broker. Exness is a legit forex broker or scam? totally discuss with you.
According to exness official website exness is a cyprus based forex Ecn broker. It’s head office is in Cyprus. Exness is founded by a group of professionals in the area of Finance and IT in 2008. It have almost 20 Lakh+ active traders from all over the world. In this broker trading volume is almost 800 billion us dollar in every month. Every month traders are withdraw almost 250 million+ us dollar from exness.
Exness Authorizations & Regulation
Exness broker have various types of regulations and authorization. It’s registered in Seychelles with the name of Nymstar Limited, by the Financial Services Authority (FSA). It’s registered by Central Bank of Curaçao and Sint Maarten (CBCS) with the official name of Exness B.V. Also exness is authorized by Financial Services Commission (FSC) with the official name of Venico Capital Limited. Vlerizo Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa.
Exness providing different types of trading pairs all major and minors currency pairs like eurusd, Gbpusd, Usdjpy, Audusd, Nzdusd etc. Some metals pairs like XAUUSD, XAGUSD, XPDUSD, XPTUSD etc. Major Crypto currency pairs like BTCUSD, ETHUSD etc. Also providing all popular indices pairs, like US30, AUS200, HK50, JP225 etc. You have many options to trade in exness.
It’s providing many types of trading platform to their traders. You can directly download exness mobile app from play store and start trading from it. Exness mobile app is available for android and IOS users. Also, you can easily trade by using Metatrader4 (MT4) and Metatrader5 (MT5) trading terminals. Users can also use Ctrader or web terminal.
Trading accounts types
You can open real or demo both accounts in exness. Mainly there are two types of accounts. Standard and professional account. If you are a beginners then you can choose standard account. Professional accounts is for pro traders. In professional accounts there are also three category. Raw spread, Zero Spread and Pro account.
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This account types are very popular and suitable for all types of traders. In this types of account mt4 and mt5 both trading platforms are available. You can take leverage to 1:2000. In mt4 platform you can take unlimited leverage. Spreads starting from 0.3 pips. No fixed spreads are available. No trading commission are charged in types this account.
Raw Spread Account
This account is for low spreads and a low fixed commission. Minimum deposit is 500 USD. You can take Unlimited leverage. Spreads starting from 0.0 pips. Trading commission is upto 3.5 USD per lot.
Zero Spreads Account
Zero spread account is one of the best account providing by exness. In this account you can trade in zero spreads in 95% of trading days on 30 pairs. Minimum deposit amount is 500 USD. You can choose unlimited leverage. Per lot commission is upto 3.5 USD.
It’s a instant execution account with no trading commission. Spreads are starting from 0.1 pips. Minimum deposit is 500 USD. You can take unlimited leverage.
Deposit and withdraw Methods
Exness forex broker providing various types of deposit and withdraw options. You can deposit by using crypto currency like bitcoin and USDT (Omni). Popular International e-wallets like neteller, Skrill, webmoney, perfect money etc. Local payment methods like Offline Bank transfer, Online Bank transfer, UPI, phonpay, debit and credit card etc. You can withdraw by using same types of withdraw options. In crypto and ewallets withdraw are instant. For local withdraw option it can take upto 24 hours.
Exness have a 24×7 dedicated support team to solve the problems of the users. You can contact exness customer support by using live chat or email. No Customer support no is available. Live chat is supported various types of regional languages like hindi, bengali etc.
Traders have to verify their before start trading in exness. For account verification you can upload National id card, Passport, driving license etc. After successfully upload id card, with in 2 working days your account will be verified.
Why Choose Exness?
- 13 years old well reputed forex broker.
- Instant withdraw and deposit options.
- Dedicated Customer support.
- Low spread and swap charges compare to others.
- Various types of regulations and authorizations.
- Client funds kept in segregated accounts.
The above information about exness forex broker is based on my personal research and analysis. All information source is from Exness official website and many others third party’s websites and blog. Before investing in real account please do your personal research. If you want then you can create an account in it from here. I can say at the end exness is a good forex broker.