Exness Spreads, leverage, minimum deposit Revealed

Let's start here:

　　Exness is a globally recognized forex broker, operating in over 170 countries, offering a diverse range of tradable assets, including currencies, commodities, and cryptocurrencies. With a daily execution of over 300,000 trades and monthly trading volumes exceeding $1 trillion, Exness is a high-volume broker known for its transparency. Regulated by CySEC , FCA FSCA, and FSA in different jurisdictions, Exness adheres to strict financial standards. In this Exness review, we'll explore the broker's offerings in detail to reveal the real exness.

Pros and cons of Exness

What type of broker is Exness？

　　Exness is a leading forex broker founded in 2008 in St. Petersburg, Russia. The company is based in Cyprus and is regulated by the FCA of the UK, CYSEC of Cyprus, FSCA of South Africa and FSA of Seychelles. Exness is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Exness acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that Exness has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients.

Is Exness Legit？

　　Yes, Exness operates legitimately, regulated by four regulatory authority across four jurisdictions, specifically, ASIC in Australia, FCA in the United Kingdom, FSCA in South Africa, and FSA in Seychelles.

　　Exness is closely monitored by various government and regulatory bodies in different regions or countries, done to make sure they follow the rules and guidelines that keep financial markets fair and safeguard the interests of clients.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	ASIC	Exness (UK) Ltd	Market Making (MM)	730729a
	CYSEC	Exness (Cy) Ltd	Market Making (MM)	178/12
	FSCA	EXNESS ZA (PTY) LTD	Retail Forex License	51024
	FSA	Exness (SC) Ltd	Retail Forex	SD025

　　Exness's UK entity, Exness (UK) Ltd, is regulated by tier-one regulator FCA under regulatory number 730729a，holding a license for Market Making (MM).

　　Exness's second entity in Cyprus, regulated by the tier-2 regulator CYSEC under regulatory number 178/12, holding a license for Market Making as well.

　　EXNESS ZA (PTY) LTD in South Africa, regulated by FSCA under regulatory number 51024, holding a license for Retail Forex.

　　Exness's fourth entity in Seychelles, Exness (SC) Ltd is regulated by the offshore regulator FSA under regulatory number SD025, holding a license for retail forex.

Market Instruments

　　Exness offers various CFD trading products, covering Forex, Commodities, Stocks, Indices and Cryptos. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions. The platforms are highly customizable and offer a wide range of technical analysis tools and resources. Currently, cryptocurrencies and currency pairs appear to be unavailable.

Exness Minimum Deposit

　　To start trading with a very small amount of money, you can opt for a Standard Cent account, which requires a minimum deposit of just $10. With a Standard Cent account, you have access to the smallest lot size, known as the cent lot, allowing you to begin trading on various instruments with a margin of only $10.

　　The actual minimum amount required to initiate trading, however, will vary based on several factors, including the account type you choose, the payment method you use for deposits, regional regulations, and the prevailing market conditions.

　　Honestly, Exness's $10 minimum deposit is relatively low when compared to many other brokers in the industry, on the more accessible end of the spectrum, while many brokers set their minimum deposits at $100 or higher.

　　Here is the table showing the comparison of Exness minimum deposit with other brokers:

Broker	Logo	Minimum Deposit
AvaTrade		$100
Exness		$10
Pepperstone		$200
TMGM		$100

Exness Account Types

　　Exness offers standard and professional accounts. The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.

　　The Pro account is an account that can meet the needs of experienced traders. It features ultra-low spreads, even without spreads. Its execution is suitable for scalpers, day traders and algorithmic traders. The professional account has a minimum deposit of $200.

　　Besides, Exness provides two social trading account options for strategy providers: Social Standard and Social Pro. The Social Standard account requires a minimum deposit of $500, offers spreads from 1 pip, no commission, maximum leverage of 1:200, and supports forex, metals, and cryptocurrencies. The Social Pro account, tailored for professional strategy providers, demands a $2000 minimum deposit but offers instant execution, lowest spreads from 0.6 pips, no commission, maximum leverage of 1:200, and covers the same range of instruments.

Exness Demo Account

　　Certainly, Exness offers clients access to demo accounts that last for 30 days. The Exness Demo account is virtually funded at $10, 000 USD. Basically, Exness demo accounts include the following features:

• Free to registere
• Easy to fund
• Access to leverage up to 2000:1
• Experience real market conditions

　　Here is a simple guide to help you top up your Exness demo account:

1. Log in to your Exness Personal Area.
2. Go to the “My Accounts” tab and select the “Demo” section to find your preferred Demo account.
3. Click “Set Balance” and enter your desired amount, like USD 500, into the provided box. You can even set a lower balance if needed.
4. If you're using a grid view, click the gear icon on the account box to access the options, and then click “Set Balance.”
5. Confirm your action by clicking “Set Balance” once more.

　　These steps will quickly adjust your Demo account balance to your desired amount.

Spreads and commissions for Exness trading

　　At Exness, spreads and trading commissions vary depending on the type of account and trading instrument. In general, spreads are low and competitive compared to other Forex brokers. In addition, the detailed trading instrument table provided by Exness allows clients to check spreads, commissions and other important details before opening a position in a particular instrument. For some instruments, such as XAGAUDm, on the standard account, Exness offers average spreads of 9.2 pips, no commissions and a maximum leverage of 1:2000. In addition, clients can adjust the stop loss level according to their needs and trading strategies. In short, Exness offers competitive spreads and commissions, allowing clients to trade efficiently and profitably on a wide variety of trading instruments.

Trading Platforms

　　Exness offers traders a comprehensive suite of trading platforms to accommodate various trading needs. Traders can access MetaTrader 5 and MetaTrader 4 on desktop, or utilize the Exness Trade app, MetaTrader 5 mobile, and MetaTrader 4 mobile for on-the-go trading. Additionally, web-based trading is facilitated through the Exness Terminal, MetaTrader Web, and Web Terminal, enabling traders to access their accounts and trade directly from their web browsers.

　　Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through Exness VPS.

Trading Tools

　　Exness equips traders with a robust suite of trading tools. From staying ahead of economic events with the economic calendar to strategizing with the trading calculator and currency converter, Exness empowers informed decision-making. Additionally, in-depth historical data (tick history) and VPS hosting cater to technical analysis enthusiasts, while Trading Central WebTV offers valuable insights from industry experts. This comprehensive toolkit empowers traders of all experience levels to analyze market movements and make strategic trading decisions.

Exness Leverage

　　The maximum leverage offered by Exness is up to 1:unlimited, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. Therefore, it is essential that traders choose the right amount based on their risk tolerance.

Deposit and Withdrawal

　　The minimum deposit is around 10 USD, making it affordable for traders who wish to start with a small amount. Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders.

　　Exness offers tailored payment solutions, with regional options dependent on account registration country and global methods accessible universally but requiring account verification. Supported payment modes include bank cards (VISA, Mastercard, Maestro) and electronic systems like Neteller and Skrill. While Exness does not levy fees on electronic payments, users should verify potential charges from their providers. Note that bank card transactions are subject to specific withdrawal protocols, including a priority system for refunds.

　　Here is the video showing how to depsoit with bank card for your refrence:

Education in Exness

　　Exness offers a range of educational resources that can help traders improve their understanding of the foreign exchange market and their trading skills. These resources include trading analysis tools, which provide detailed information on trading results and help traders identify patterns and trends. In addition, they offer calculators to help traders calculate trading costs and potential profits. Economic calendars and currency converters are also useful tools for traders who need to keep abreast of economic events and currency fluctuations. Overall, Exness educational resources are an excellent way for traders to learn more about the market and improve their trading strategy.

Exness Customer Service

　　Exness has a high quality customer support service, which is available in several languages and offers different communication channels to meet the needs of its customers. Users can contact the support team via live chat, email and telephone, and some of these services are available 24 hours a day, 7 days a week. The support staff is highly trained and ready to assist users with any problems or queries they may have. In addition, Exness offers a FAQ section on its website, which covers a wide variety of topics and common questions to help users find answers to their questions quickly and easily.

　　However, the Exness website is only available in Chinese.

Conclusion

　　In conclusion, Exness is a reputable and well-regulated forex broker, offering extensive trading assets and multiple trading platforms targets various traders. Their focus on transparency and client education is reflected in their educational tools and resources, as well as the detailed information provided on their trading instruments screen. Although its Market Making model may be a disadvantage for some traders, Exness compensates for this with competitive spreads and fast, commission-free deposits and withdrawals. Overall, Exness is a good choice for traders of all experience levels looking for a reliable and transparent Forex broker.

Frequently Asked Questions about Exness

　　Is it safe to trade with Exness？

　　Yes, Exness is a broker regulated by the FCA, CYSEC, FSCA and FSA, which guarantees a high level of security and protection for client funds.

　　Are there any commissions in Exness？

　　Exness does not charge fees, but credit card providers, banks or payment systems may charge transaction fees or commissions.

　　What deposit and withdrawal methods are available at Exness？

　　Exness offers deposits and withdrawals via bank card and Perfect Money.

　　Does Exness offer educational resources for traders？

　　Yes, Exness offers a variety of educational resources, including trading analysis tools, calculators, economic calendars, currency converters and more.

　　 What are the pros and cons of trading with Exness？

　　Among the pros of Exness are multiple regulation, variety of account types and trading platforms, competitive spreads and multilingual customer service. Cons include limited deposit and withdrawal methods and lack of advanced technical analysis tools.

Risk Warning

　　Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's essential to understand and acknowledge these risks before engaging in online trading. Additionally, please note that the information provided in this review is subject to change as the company updates its services and policies. The date of this review's generation is also crucial, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. The reader assumes full responsibility for the use of the information provided in this review.