The Raw Spread and Zero accounts offer no spread with commissions starting at USD 0,2 per lot. Then the Pro account has no commission, and the spreads start at 0.1. There is also their MT4 MultiTerminal which allows users to monitor up to 128 trading accounts simultaneously and up to 10 demo accounts. Users can trade on multiple accounts and trade instruments with the same suffixes on different account types. However, it should be understood that this platform is available on Windows and Linux only. In addition to MetaTrader MT4/MT5 and TradingView options, Exness traders can use the convenient WebTerminal which offers full access and functionality for traders without the need to download or install.
Very big list and I guess everyone can find here a company to its taste. This company is very user-friendly and they really for people’s interests. I placed 100 bucks just to test their withdrawal means and found no money after withdrawal request.
Trading Platforms
The Exness Zero Spread account offers zero spread on the top 30 instruments, market execution and no requotes. The online broker provides very solid trading conditions with focus on foreign exchange trading. Advanced technical analysis with trading indicators from trading Central are available. As you can see above, Exness doesn’t charge commissions on their Mini and Classic account options and only $25 per $1 million traded on their ECN account.
- This website is owned by Exness IB (Regional Representative).Investing carries a high level of risk thus may not be appropriate for all investors.
- For any transactions made with any of the third parties listed on the Exness page, the client and the third party are liable for any loss or damage to the client funds.
- Exness is an award winning brokerage platform that offers a range of markets with accounts suitable for all levels of trader.
- We think this account is best if you know exactly which currency pairs you intend to trade.
- I never expected this, but expectation is far different than reality.
In all our broker reviews, we go over the aspect of how safe a broker is, including their regulation, security protocols, and client fund protection. They were established in 2008, and as of 2021, their active traders had almost reached USD 1,000 billion monthly in trading volume. Some kind of reward may be provided from time to time based on certain campaign conditions. exness forex broker review Less financial products offered as compared to other online brokers of the like. BrokerNotes is powered by a dynamic team of writers, researchers, content strategists, data analysts, editors, traders, and investors. We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money.
Review of trading platforms
As previously highlighted in our detailed review, Exness is a Forex trading only broker, offering more than 120 currency pairs as well as gold and silver against the US dollar. A demo account can be created to test all available platforms and trading instruments. However, diversity of trading instruments outside the forex market, advanced software and educational programs are not the qualities you will find in abundance on Exness.
We already discussed some of the various features that are available through the different Exness platforms. However, there are some other aspects in terms of analytical tools that you can find on their platforms. Users are presented with a virtual amount of USD 10,000, which they can trade as they please. Once they are comfortable using the platform and/or have developed their strategy, they can switch to a live account. Then follow the prompts, provide your email and your region, and choose a password.
Trading Conditions
They also don’t offer the full range of commodities that some other brokers do, but they do have some cryptocurrency CFDs which helps offset some of the other limitations. Overall, we ranked Exness as average for their products on offer. If you’re just starting out as a beginner, the Standard Cent account could be a good option as it allows you to trade with smaller lot sizes (0.01).
- It is also Signals software so you can copy trade using MetaTrader signals.
- We also think unlimited leverage is pretty crazy and opportunistic from the broker.
- They will call and guide you step by step if you are fresh.
- However, clients do not have to do the calculations themselves, but can use Exness’s forex calculator, an extremely effective tool to quickly calculate the swap fee for your open position.
- Bonus is a tool for small and medium brokers to attract more customers.
EU citizens can use the services of the broker by using exness.eu. For the citizens of the UK, the access to the services is possible through exness.uk platform. However, the conditions of those platforms differ from the ones on exness.com platform, which is the subject of our review.
Is Exness a Good Forex Broker?
Anyone who is interested in investing in gold in the form of CFDs should choose Exness. That’s because the gold transaction costs here are among the lowest in the world. The average spread for the XAU/USD pair is only about 20 pips. However, clients do not have to do the calculations themselves, but can use Exness’s forex calculator, an extremely effective tool to quickly calculate the swap fee for your open position. You can check these spread number easily by yourself by creating an account in Exness, login and check within 5 minutes.
Both their official website and client support are available in 16 languages including English, Thai, Chinese, and Swahili. When he downloaded the app from the iOS app store, Exness Trade launched an entirely new branded product called Pocket Option which we hadn’t seen referenced anywhere on the Exness website. We are not entirely sure how to explain this, since we are not aware of any partnership between Exness and Pock Option, we can only presume this came about because Exness does not serve the Australian market. As an aside, my colleague also tried to test using the Australian Google Store and the Exness app does not show which makes sense. Nationals of a number of specific countries will not be able to trade with Exness due to various laws, governing bodies, and regulations within those countries.