Traders can also rely on the market-leading MT4, the primary choice for algorithmic trading, and MT5. Both trading platforms feature built-in copy trading services, and the MT4 trading infrastructure remains the most versatile, with 25,000+ add-ons, custom indicators, and EAs. Trading with a regulated broker will limit the potential for fraud and malpractice.
Exness Trade presents essential features for managing trading accounts, trading instruments, charts with indicators, and quick access to order history and alerts. Better-than-market conditions, unique features and cutting-edge security, partnered with our dedication to transparency and excellent customer service, are the reasons traders continue to choose Exness. Once your funds leave our custody, it’s up to your chosen payment provider to process the funds and credit your account.
Exness Regulation & Security
When the specified period has passed, the margin on positions opened during the period is recalculated based on the amount of funds in the account and the selected leverage value. These include FX majors like AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. These currency trading pairs are all available to trade completely swap-free at Exness, so you can hold your positions for longer at no extra charge. The most popular currency pairs to trade are the ones that offer the most liquidity – i.e. the ones that people trade the most. Capitalize on the frequent price movements of popular currency pairs with ultra-fast execution. Get your FX trading orders executed in milliseconds on all available terminals.
The broker offers a wide range of assets, including Forex, Crypto, Metals, Energies, and more, to its clients. The award-winning broker also has a variety of account types that will suit every trader’s individual needs. With our user-friendly platform, low fees and comprehensive range of trading options, we are committed to empowering you to trade with confidence. The Exness Pro account is commission-free while the Zero and Raw Spread accounts include commission but have very low spreads down to 0 pips. The margin call level is at 30%, the minimum trade size is 0.01 lots, and the minimum deposit is $200, which is low considering the competitive pricing environment.
Table of Contents
The online broker allows clients to tailor financial services and investment solutions to their personal needs. Our Exness broker review for 2024 will cover account registration and sign in, login security, minimum deposit requirements, payment methods, social trading, and more. The Standard Cent account is tailored for newbies, allowing them to trade smaller volumes with cent lots for testing strategies. With stable spreads, reliable execution, and no commission, it provides an ideal starting point with up to 36 trading instruments.
MetaTrader 4 and MetaTrader 5 are both available as mobile applications, allowing Exness clients to open positions from an easy-to-use app in any location. The apps are available for free download and are compatible with iPhone (iOS) and Android (APK) devices. The full suite trading features available on the desktop platforms is accessible, including analytical tools, plus customisable charts and graphs. The Exness Social Trading offering has potential xcritical scammers but needs some important refinements, including potentially moderating the claims made by providers which more strict regulators could frown upon.
Exness’ comprehensive approach to customer support reflects their commitment to assisting traders effectively and enhancing their trading experience. The inclusion of indices, stocks, and options further enhances trading opportunities, providing exposure to various market segments and strategies. Exness’ commitment to this diverse selection empowers traders to diversify their portfolios, adapt to market conditions, and implement a wide range xcritical of trading strategies to achieve their financial goals. Exness has hundreds of thousands of active clients, as well as $4.5 trillion in monthly trading volumes as of September 2023.
- The Exness Group has headquarters in Limassol, Cyprus, alongside offices in London, United Kingdom, South Africa, Seychelles, Curaçao, and the British Virgin Islands.
- Whether you are a novice looking to test strategies with smaller volumes or an experienced trader seeking ultra-low spreads, Exness provides a range of options to enhance your trading experience.
- Traders benefit from access to advanced platforms such as MetaTrader 4, MetaTrader 5, and the proprietary Exness Trader, which feature robust tools and user-friendly interfaces.
- Clients can also utilise the virtual funds to understand the platform’s features, improve risk management techniques and trial new trading strategies.
- Everything you find on The Price Trader is based on reliable data and unbiased information.
Trade assets from global markets
The minimum deposit is $10, depending on the payment method, and Exness notes that 80% of clients select the Exness Standard account. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Exness features an above-average commission-free cost structure but a highly competitive commission-based alternative. Equity CFD traders get low commissions and tight swaps, and Exness offers swap-free trading on selected assets, which extends its cost advantage. Therefore, Exness is ideal for demanding short-term traders, like scalpers, to medium-to-long-term leveraged strategies. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Popular Forex Guides
You can read more about the changes in margin requirements in the FAQ section below. Beginners who seek in-depth educational content from their Forex broker will not find it at Exness, as beginners are not the core market of this industry leader. Education content is not available as Exness targets experienced traders, making the absence of educational content irrelevant to the business model of Exness. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.
The Standard account, suitable for both novice and experienced traders, features no minimum deposit requirements, stable spreads, and over 120 trading options. The Pro account targets seasoned traders, offering limitless orders, smaller volumes, and low spreads from 0.1 pip. The Zero account, designed for market execution, provides zero spreads on top instruments for 95% of the day, making it suitable for expert advisors. Lastly, the Raw Spread account, tailored for experienced traders, boasts ultra-low, stable spreads with a fixed commission per lot, no position limits, and market execution.
Forex Fees
The Pro Account features a raw spread with a variable commission structure per trade. Everything you find on The Price Trader is based on reliable data and unbiased information. Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.