Exness Broker Review 2020

Are you looking to know everything about Exness Broker? This is a complete guide on Exness trading. Get unbiased customer reviews, ratings, and many more. Let's rock and roll below!

Exness: Reliable Online Trading on the Financial Markets

More than 60k active clients from all around the globe for their Instant withdrawal of funds, 24/7 technical support, Instant market execution, and other benefits.

Service information

Demo Account Yes
Minimum Deposit $1
Max Leverage 1:2000
Spreads from 0.0
Type of Broker ECN
Tradable Assets Currencies, Gold, Silver, Stock Indexes, Oil nad Cryptocurrencies
Deposit Options VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether, WebMoney

Company information

Established 2008
Regulated by CySEC, FSA, FCA
Telephone 00801148968
Customer Support 24/7 in 7 languages

Exness-Featured-DailyForexTrading.Net

know basics - Exness Review

Exness Broker started to cruise in the streets of Forex back in 2008. Traders love this place because of two reasons; Regulatory Lapse and Licensing from (FCA) Financial Conduct Authority.

Since the launch of the Exness Group, they gained a lot of respect, and that’s why they have more than 60k active clients from all around the globe

Additionally, you can count Exness in for “Different Account Types” and “Financial Instruments” to deal with different strategies.

Discovering award-winning platforms for Forex isn’t an easy task, but guess what?

We have a surprise for you, and that is “Exness Broker.” Yes, we will be unleashing the covers from the “Exness” company to help you know the in-depth details of their history and “How everything works.”

Let’s rock and roll!

Interesting things of exness broker

There’s no doubt that Exness Groups are achieving their goals real quick, and all thanks to the collaboration of “Real Madrid FC and WWE Russia” because without the help of these giants, it wouldn’t be possible to achieve this fame.

When it comes to “Growth Rate” of Exness Broker, they have worked really hard to improve everything systematically in order to improve trading conditions.

"Their key to success is their customer-centric business; that’s

   why they are earning so many traders/investors every week"

Today, Exness Broker is the “Second-to-None” choice for every investor who demands “Quality Service and Guides.”

We aren’t biased here, and everything we are listing here is completely based on the experience and reviews of “Several Trading Communities Online.”

But, you must be wondering about which criteria you are recommending Exness Broker? With more than five years in trading, here’s what we count.


Trustworthy


Trading Cost


Trading Conditions


Local Services

Regulations

Low Spread

Good Prices

Payment System

Previous Activities

Low Commission

Trading Platforms

Local Offices

 

Low Swap

 

Availability

 

Low Slippage

 

 

 

Great Bonuses

 

 

And if we talk about “Exness Broker” by keeping the above criteria in-front of us, then we aren’t hesitating to call Exness Group a good place for the investors. They have earned respect, and that’s why traders are turning towards them.

Before we head towards more details of “Exness Broker,” why not talk about the “Account Types of Exness Broker,”

Let’s talk about it.


#Account Types of Exness Broker

There are three types of account that Exness is offering to you:

  • Beginners
  • Professional
  • Expert
Beginners

Exness is offering a standard account for the beginners because they don’t have any piece of knowledge about “Trading.” With the help of a standard account, you can deposit a small number of funds in your trading account, trade small positions, and can enjoy low margin requirements.

Following are the trading conditions of “Standard Cent Account” of Exness Broker:

  • Spread is as low as 0.3 pip
  • You don’t have to deal with “High Margin Requirement.”
  • No minimum requirements to deposit funds in your account
  • Great Local Support
  • Low minimum volume per trade because the minimum the volume the greater it is for the beginner
Professional Traders

Most professional traders like to open up the “Professional Trading” account because of the best trading conditions they provide. Let’s break down the key features of “Professional Traders.”

  • Spread is as low as 0.3 pip but you can drop it to 0.1 pip
  • There’s no trading commission involved
  • Unlimited Leverage, you don’t have to wait for the specific time in order to invest
  • You can withdraw your money within no time. You can deposit the funds in your account through local bank, e-wallets and credit cards
  • Support is always up for you to assist
Experts

If you’ve already learned a lot about trading and want to pursue your goals with your knowledge and experience, then “Zero Account” from the Exness is waiting for you. All the experienced candidates of trading know the value of Zero Account because you trade in the real market.

When you trade in the Exness Zero Account, you get pip as low as 0. This is the lowest spread ever that you’ll get in the market.

Also, with this account, you’ll enjoy the lowest commission ever. For instance, other brokers charge you $10 for the as their commission fee, but when it comes to Exness, you’ll have to pay only $7, which is just incredible.

It’s because they are growing with every second and the bigger the company, the lowest the cost, Simple. So, these are the accounts that “Exness Broker” is offering to you.

Let’s track down more detail about “Exness Group.” There’s another type of account as well ENC; you can message us right now to get the details of this account. 

Exness Registration - DailyForexTrading.Net


If all the above-given information has compelled you to invest with the help of “Exness Broker,” then you’ll first have to create an account. Let us guide you with the screenshots.

How to open your account on Exness

There’s no complication involved in opening the account, but if you still have any confusion, then all of them will fade away after this short guide.  

Step 1: Getting started with the “Exness Account” is easy, and you can simply Click Here. And if you want to get things done real quick, then you must keep a few things along with you on the table such as; Address Details, Credit Card, and National ID Card. But, if you don’t want to open your real account first, then you can open up Demo Account without entering the above-given things.

Exness-DemoAccount-DailyForexTrading.Net

Step 2: Now, it’s time to move to the next step, and that is “Verifying your identity.” It is to tell you that “Exness Security Level is too strict,” and they keep the check and balance of who’s signing up. Just like you get yourself registered with bank or Amazon, you’ll need to prove your identity first before you “Head” towards the features of the website

Step 3: Once you’ve verified the account, you’ll be sent an email containing your “Password,” and you can finally login to your account with the help of your email and password. Once done with the login, you can start to take the classes of “How to trade, How to get access to the Market and to choose a Currency Pair.”

Note* They have provided you with 1-2 minute videos, and you can reach out to the videos by opening your notification center.

That’s how easy it is to open an account on “Exness.” Still, have any questions in mind? Feel free to comment down below.

How to withdraw money from Exness

To withdraw the money, you need to follow the steps given below:

  1. Login to your account
  2. Click on the withdrawal button
  3. Choose the payment system
  4. Enter the information in the form
  5. Verify if it’s you who’s using the account
  6. Click on the finish button, and you’re done

Pros and Cons of Exness Broker Services

So, we will be breaking down the pros and cons of the following services:

  • Security
  • Costs and Accounts
  • Trading
  • Education Support

PROS & CONS OF EXNESS SECURITY


Pros


Cons

You don’t have to worry about your money because it’s completely safe

Limited Security Features for the US Investors

They are associated with different regulations companies, and that’s why they are considered as Safe for the “European and the US” investors

 

They have an International Broker

 

Pros & Cons of Costs and Accounts


Pros


Cons

Initial Investment is as low as “Etoro Broker.”

They don’t offer you any Demo Accounts

They have unlimited Leverage Available

Limited to Few Currencies

Zero Trading Commission

No Bonus

0% Hedging Margin

 

Pros and Cons of Exness Trading


Pros


Cons

Low Spread as compared to other Trading Networks

No Social Trading Available

Instant Withdrawal and Deposit System Available

No Bonus and Discounts for the New and Old Accounts

They provide you suitable trading platforms, and the names are; MetaTrader 4 and 5, Mobile Trading, and Web Trading

 

Pros and Cons of Education Support


Pros


Cons

24/7 Customer Care Support

Language Barrier

Free Courses are available

Chat is available in 5 Languages only

Webinars and Lessons on a Daily/Weekly Basis

 

Facilities offered by the Exness Broker

There are different facilities that “Exness Broker” is offering to you. How about writing all of them below? Scroll down and check if they are really worth a look.

Spread Table

As mentioned above, there are three types of accounts that “Exness Broker” is offering to you; beginner, professional, and expert. All the accounts have different spread tables, and we have indexed everything below.

Let’s start with the Beginner’s Account Spread table, and we will lead the pack towards other accounts:

Beginner’s Account

You’ll get the lowest Raw Spread and a low fixed commission. Perfect for the beginners!

Minimum Deposit

$500

Leverage Up-to

1:2000

Spread From

0.0

Commission

Up-to 3.5 USD


PROFESSIONAL ACCOUNT

This account doesn’t ask for any sort of commissions.

Minimum Deposit

$500

Leverage Up-to

1:2000

Spread From

0.1

Commission

No Commission


EXPERT ACCOUNT (ZERO ACCOUNT)

Get 0% commission for 95% of the trading per day. However, you’ll be charged for 5% of the trading.

Minimum Deposit

$500

Leverage Up-to

1:2000

Spread From

0.0

Commission

From 3.5 USD

You can open a demo account and check how everything works and then invest in “above-given” accounts.

It’s time to talk about the execution of the “Exness Broker.” Here’s everything you need to know about the Execution type.

exness Execution Type

There are two types of execution types that “Exness Group” is offering to you.

  • Instant Execution
  • Market Execution

Instant Execution: If you want to execute things instantly with a defined budget, then instant execution plays the role there. For instance, you want to buy GBPUSD at the price of 1.3900, then you’ll have to wait for the market to reach that place, or you can buy the GBPUSD from the pending order when the price is reached at your desired position.

The order is executed right from the Exness group to the servers, and then back to Exness via your account.

In short* you buy values when you see your desired results in the market with instant execution.

Market Execution: Market Execution is another option for all the investors of “Exness Group.” For instant execution, you’ll have to wait for the specific time to come and invest in it, but that’s not the case with “Market Execution.”

Market Execution means that your order will be placed at the best possible prices of the market. In the instant execution, there’s no guarantee of “getting indulged with the market things,” but with Market Execution, you will be involved in the Market Execution without any obstacle coming your way.

Now, we are done with the execution of “Exness Broker,” it’s time to talk about Commission/Fee, Leverages, and Customer Care Services.

Commissions/Fees

With different account types to deal with different strategies, you really need to have a look at the Commissions and Fees of Exness Group. We will collapse everything in the table; just give it a look because it’s an important phase too.

Account Type

Mini

Classic

Minimum Deposit

$1

$2000

Leverage Up-to

1:2000

1:2000

Commission Per Trade

No

No

Deposit Via Currency

Yes

Yes

Spread From

0.3

0.1

Minimum Volume

(1k)

(10K)

Maximum Number of Positions

100

No Limit

Margin Call/Stop Out

60%/0%

30%/0%

Access to Interbank Market

No

Dealer’s Choice


MARGIN AND LEVERAGE

You can calculate the Margin and Leverage by simply heading towards the official website of “Exness” and set the “Yellow Dot” regarding your requirements. Here’s the screenshot below.

Exness-Margin&Leverage-DailyForexTrading.Net

Customer Services

Exness Group is known for providing the best services, and that’s why they have so many investors from around the globe.

Some of the details regarding their “Customer Services” are listed below:

Supported Languages

Arabic, Chinese, English, Hindi, Indonesian, Korean, Russian, Thai, Urdu, Vietnamese

Customer Services by

Email, Phone Call, Live Chat, Call Back

Availability of Customer Service Members

24/7

Email Response Time

Up-to 48 Hours

Order on Telephone

No

Personal Account Manager

Yes

That’s what you’re going to get with the Customer Services of “Exness Broker.”

Comparison of Exness VS. XM

Now, it’s time to talk about the comparison between Exness Broker vs. XM Broker. We are writing this section because people are searching for this in the search engines, so we have decided to help you understand “How they are different.”


Broker’s DNA Rating


XM Group (9.7/10)


Exness (9.5/10)

Why Choose Them?

-Nine Years of Experience

-Sort Out Client’s Fund

-Ten Years of Experience

-Sort Out Client’s Fund

Spot Forex

Yes

Yes

Forex CFD

Yes

No

CFD

Yes

No

Spread Betting

No

No

Social Trading

No

No

Head Quarters

Sydney, Australia

Limassol, Cyprus

Pros and Cons of Exness Broker

You simply can’t ignore this section before we think of investing anywhere in the world. Pros and Cons of any service/product can help you choose “What you love” wisely.

Let’s break down the Pros and Cons of Exness Broker and see if the deal is really worth it?

Pros

They are offering you a variety of accounts to deal with different strategies- will discuss in detail down below

  • Excellent Customer Care services are their key to success- you will get the answer to your questions on email, phone, social accounts, and live chat
  • They have more than 120 Forex pairs with different financial instrumental
  • Exness is working hard on reducing the financial commitments by concentrating on the tight spread and low minimum balance
  • They are linked with FCA, CySEC and other reliable regulatory

Let’s now talk about the cons:

Cons

  • When compared with other “Giant Brokers,” they are less in numbers and variety of financial instruments
  • Purchase for European clients are round-off at 1:30

What do you think of the “Pros and Cons” of Exness Broker? Do let us know in the comment section.

Before wrapping up everything, we have decided to write on “Exness Broker Bonus, Contest and promotions” to help you know more about the platform. Let’s get started!

Exness Broker Bonus

When you sign up for the Exness Broker account, they will welcome you with several bonuses. Let us break down a few conditions of bonuses for you:

  • You’ll get 35% Deposit Bonus for your first-time account deposit- this offer is valid for new customers only
  • You can get a “Profit Ladder” bonus, but it comes up with different trading volumes- If you’re investing high, you’ll get a great bonus
  • If you’re a classic account holder, then the bonus amount will be added to your fund of the percentage of the deposit amount. Your deposit can be increased by 8-10%

Exness Broker Contest

There are different Contests being performed or played on the Exness Group website, and you can participate in the contest too. Nowadays, there’s a contest going on with the title “Trade with your trial account, play the game and win real money from Red Bull Racing.”

Have a look at the screenshot below to understand the conditions of the game.

Exness-ContestReward-DailyForexTrading.Net

To learn more about the contest, you’ve to head towards the official website of the Exness because there are a few upcoming contests as well. Just subscribe to their newsletter, and they will keep you updated with everything coming up.

Exness Broker Promotions

When it comes to promotions, every single broker loves to do that, but it depends on “time.” Right now, they aren’t dealing with any promotions. You can’t predict the promotions because it is the broker who decides, “When will you have the promotions.”

So, that’s all from the section “Exness Broker Review” and we are hopeful that the content has helped you a lot in achieving what you’re striving for.

Still, have any questions in mind? Feel Free to comment down below.

frequently ask questions

Exness offers 4 types of trading accounts: Cent, Mini, Classic and ECN. There is no minimum deposit requirement for Mini accounts while Classic accounts require a minimum deposit of $2000 whereas ECN accounts can be opened for just $300.

How to withdraw from your Exness account
  1. Log in to your Exness Personal Area on our home page.
  2. Click on the Withdrawal section.
  3. Select the payment system you wish to use.
  4. In the pop-up menu that appears, select the account you wish to withdraw from.
  5. Choose the currency of your payment system.

Exness is a Forex Broker that offers people online Forex services on many different platforms such as MT4, MT5, Web and Mobile platforms. Exness is founded in 2008 by a group of finance and information technology professionals. The founder of Exness is Petr Valov.

Exness is considered average-risk, with an overall Trust Score of 73 out of 99. Exness is not publicly traded and does not operate a bank. Exness is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

While Exness also allows scalping and hedging. You can trade with EAs (expert advisors) on both XM Group and Exness. In terms of risk management tools, XM Group does offer negative balance protection to prevent you owing your broker more than you've deposited, but Exness doesn't offer this.

Exness spreads are very low
So all information were published on it's website are accurate 100%. If you trade fix spread currently pairs, Exness offers the lowest spread. They only charge 0.5 pip for EURUSD. For ECN account, Exness only charges 2.5$ each lot.

YOU CAN USE EA FOR TRADING AT EXNESS
You can install any EA you want. You also can ask for free VPS to host your EA which runs 24/7. You also can install robot trading.

Exness Review. Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

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