Leverage: 1:30 | 1:1000


Regulation: SFSA, CBCS, FSC, FSCA


Broker: Exness

Leverage: 1:30 | 1:1000

Regulation: SFSA, CBCS, FSC, FSCA

Min. Deposit: 10 US$

HQ: Seychelles, SA, UK

Platforms: MT4, MT5

Found In: 2008

Website: exness.com

Exness Licences

  • E xness (SC) Ltd – authorized by SFSA, Seychelles license no. SD 025

  • Exness B.V. – Authorized by CBCS (Curacao), license number. 0003LSI

  • Exness (VG) Ltd – authorized by FSC(BVI) license number. SIBA/L/20/1133

  • Exness ZA Ltd (PTY) – Authorized by FSCA (SA) License no. 51024

Our Review Method

  • Experts at 55Brokers with more than 10 years of experience in Forex Trading, review trading conditions, including fees, platforms and verified safety. They also contacted customer service to verify trading conditions and offer expert opinions about Exness.

What is Exness?

Exness refers to the global brokerage company that delivers its services through three main office locations in Seychelles and South Africa. The firm’s divided structure allows international clients to access financial solutions and investment solutions while the global brand operates primarily as a retail brand and mostly corporate solutions or partnerships.

  • Exness has also increased its global reach by establishing Exness UK Ltd, a UK-based entity. This is fully regulated and focuses on B2B proposals.

Exness, a retail broker, has won many awards. It provides reliable and stable brokerage services and a comfortable trading environment that might suit most traders. They also have tight spreads and no hidden fees. Trading is done via MT4 with the possibility of trading a variety of CFDs or Futures on a wide range of markets. Below is a summary of Exness.


Exness offers a good trading environment. It is licensed by many authorities, including South Africa. However, we have seen that Exness previously had CySEC or FCA licensures, while it now operates primarily via SA license and international branches. MetaTrader technology is the foundation of our business. We also accept good research, education, and analysis which are good for all types of traders.

There are limitations to product offerings, with only Forex and CFDs trading instruments. Multi-currency accounts are not available as the proposals in each jurisdiction differ. Changes in regulations and broker licenses can increase the differences traders might see on trading accounts. It is therefore important to check if this is right for you.


  • Global Broker with offices across SA, UK, and Seychelles

  • Good range of instruments, including a good selection of Forex and CFDs

  • Both beginners and professionals will find this useful.

  • Based on MetaTrader technology

  • Advanced range of analysis and research tools


  • There are no multi-currency accounts

  • Regulations are constantly changing

  • Different conditions can be applied depending on the entity

  • Forex and CFDs are the only instruments that have a limited range

Rating of the company overall

  • Reliability ⭐⭐⭐⭐⭐

  • Platform ⭐⭐⭐⭐⭐

  • Commissions ⭐⭐⭐⭐

  • Support ⭐⭐⭐⭐⭐

  • Financial instruments ⭐⭐⭐⭐⭐



HeadquartersSouth Africa, UK, and SeychellesRegulationSFSA, CBCS, FSC, FSCAInstrumentsForex, Metals and Indices, Energy, CryptocurrenciesPlatformsMT4, MT5Prices1.2 pipsDemo Account/USDAvailableMinimum deposit10$Base currenciesUSD and EUREducationExness Academy for Learning and Technical AnalysisCustomer Support24/7

Overall Exness Ranking

Exness, according to our Expert findings, provides excellent trading conditions for traders including African clients. It also offers good service for Forex beginners. Exness offers excellent education and a wide range of platforms.

Exness Overall Ranking: 8 out of 10. Based on our testing, and compared with 500 other brokers. See Our Ranking below compared with other industry-leading brokers.


Brokers that offer Exness Alternatives

Exness doesn’t offer a wide variety of trading instruments and is unable to offer European trading. It has also changed its licenses, so it mainly operates via international entities. Based on our findings, spreads are comparable to the average. However, we found that some brokers may have slightly lower spreads or better regulations.


Exness’s operation history is not the only thing that we have seen. Exness has received a few awards in the past, but now it is constantly growing and being recognized for its achievements.

We also found Exness actively participates in social life and is a honored sponsor partner with many organizations. Exness proudly sponsored Real Madrid, the world’s top football team, and Cristiano Ronaldo, the greatest football player alive.

Exness is a scam or a safe broker?

Exness isn’t a fraud. It operates according to relevant country’s legal requirements, which are authorized by FSCA South Africa. They offer low-risk Forex and CFDs. Click here to view Axiory, which offers traders access the CFDs marketplace.

Is Exness Broker available?

Exness Group, with its established offices and presence in different countries, is always regulated locally. The broker is allowed to offer financial products and services as part of its international trading proposal.

Exness licenses are evolving. Exness used to operate under CySEC license. Exness is now operating in South Africa, but also has an international license with Seychelles and BVI licenses. While this license provides registration and not serious regulation, it’s reliable and Exness can rely on additional licenses from reputable agencies. The UK licenses and the branch are primarily a b2b tool.

Read our conclusion about Exness Reliability:

  • We have a 8 out of 10 Ranked Exness Trust Score for years of operation and a good reputation. We recommend that you carefully review the regulations as Exness has changed many times its entities and regulations. It is safer to only sign with strict regulations and to avoid offshore entities for greater safety.

What can you do to be protected?

There are many layers of protection that can be provided by the operational standards. These include customer protection, money segregation, and participation in an investor compensation fund or scheme.

Exness: Strong pointsPoints of weakness in ExnessRegulated BrokerStock Exchange not listedSouth Africa Trading licenseRegulations are constantly changingAnnual reports and segregated accountsGlobal proposal based off-shoreProtect your Negative Balance

Exness, like most Forex brokers, also offers leverage. This can increase potential gains by allowing multiple accounts to balance.

Leverage levels are determined by the instrument traded and also the regulatory restrictions and your level of proficiency.

Our research shows that the current levels of Exness stays are consistent with European regulations.

  • 1:30 major currencies,

  • 1 to 20 for minor

  • 1:10 to commodities.

However, a global entity may be able to allow higher leverage ratios than 1:000. These are also determined by your country of origin.

Learn how to properly leverage leverage, as it can increase your risk of losing money and can be a different feature in different instruments.

Types of accounts

Exness offers accounts with over 80 currencies options. The company also offers instant payment options. Standard Cent Account is ideal for smaller traders. Standard Account, Professional ECN Account has raw spread offering and a commission per trade.

You can also open a demo account to test trading strategies, or open a live forex account to trade live in the forex markets. Traders from different countries may have to accept different account options depending on regulation and compliance. However, Exness accounts that our experts reviewed were a good choice compared to other brokers.

Below are the Exness pros and cons of account:

ProsConsFast digital account openingDifferent account types can be based on the entityStandard Account and Standard Cents Account
ECN Account for Professionals
Practice Demo Account

Forex Contest

We believe that there are many additional features that Exness customers can use to participate and win valuable prizes in the Forex trading Contest that is held from time to time. The official website will inform traders residing in particular countries about the availability and possibility of engaging.

How do I open an Exness trading account?

These are the steps you need to take to open a Real Trading account. However, we recommend that you first open a Demo account to practice trading.

Market Instruments

Exness has a wide range of markets you can trade on. These include popular Forex , which offers 107 currency pairs, CFDs for Stocks and Indices as well as Metals and Energies. This is a good offer in the industry.

Exness markets range score is 8 out of 10 for good trading instrument selection. However, the only problem that exists is that different entities have different proposals reflecting their instrument selection.

Exness Fees

We believe Exness pricing is good. There are no spreads on standard accounts or commission for ECN accounts. However, you should check the conditions and inactivity fees based upon your location as they could vary. Below is our Exness Fee table.


Exness spreads are based on tight variable spreads. However, it is determined by the type of account you choose to trade. Standard Cent Account Spreads start at 0.3 pip with no commission on trading volume. This means that all trades are calculated and paid in cents. Standard account costs are based on tight spreads starting at 0.1 pip.

The Professional ECN account has a raw spread and a commission per trade, making it an attractive option for experienced traders. For a better understanding of Exness fees and comparisons with other brokers, see the following examples.

Exness Spreads are rated average with an overall rating of 7 out 10 based on our testing against other brokers. As you can see, Exness spread is indeed the best, although some brokers offer better spread conditions.

Asset/ PairSpread the Exness MessageSpread ETFinanceSpread OctaFXEUR USD Spread1.20.70.5Crude Oil WTI Spread432Spread the Gold0.30.370.2


Consider Exness rollover or overnight fee as an expense. It is always a good idea to verify all fees to see if they are applicable. Rollover charges are applied to positions that are held for more than one day. For overnight positions, each instrument has a different quote. This may be a fee, or a refund. See the sample below.

Withdrawals and deposits

Exness offers instant withdrawals and deposits with no commissionusing a variety of electronic payment systems that allow you to manage your trading account funds at your convenience.

Deposit Options

You have the option to use both methods of payment. However, depending on your residence, you might be charged an additional fee.

  • Bank Wire Transfers

  • Major Credit Cards,

  • esystems Neteller, and Skrill

We have compiled a list of positive and negative points about XM funding options:

  • We rated Exness Funding methods as Good, with an overall rating of 8/10. The minimum deposit required by law is 1$. Fees can be reasonable or non-existent. However, some payments may not be possible due to entity rules and your residency.

ProsConsGlobal Broker with offices across SA, UK, and SeychellesThere are no multi-currency accountsGood range of instruments, including a good selection of Forex and CFDsRegulations are constantly changingBoth beginners and professionals will find this usefulDifferent conditions can be applied depending on the entityBased on MetaTrader technologyForex and CFDs are the only instruments that have a limited rangeAdvanced range of analysis and research tools

Exness Minimum deposit

Exness doesn’t require you to have a minimum amount in order to get started. You can start with as little as 10$. Professional accounts may require 200$. You should also check the margin requirements for each trading instrument individually. You should also check the payment methods as some may require a minimum amount to be transferred.

Exness Minimum Deposit vs Other Brokers

ExnessAll Other BrokersMinimum Deposit$10$500

How do I withdraw money from Exness

Exness charges no fees for withdrawals or deposits. There are many withdrawal options, including Bank Wire and Cards. Please check with customer service before you make any transfer to see if there are any fees. These may be due to your country or the payment provider.

Check out our funding snapshot:

Trade Platforms

You can choose from industry leaders MetaTrader4 or MetaTrader5, as well as mobile trading platforms and MT4 WebTerminal. See our review of the benefits and cons of each platform.

Ratings for Platforms

Both platforms are widely used in the industry. MetaTrader4 is a simple and functional trading platform. MT5 offers powerful new features and more options. Both can be accessed via Web Trading, or other suitable versions that are available via the browser.

However, the Web version is less powerful than the desktop version. If you need to create a strategy that’s comprehensive and have more customization and charting capabilities, go for desktop.

Exness Tradingn Platform have been rated Good with an overall rating of 8 out 10, compared to more than 500 other brokers. It is good because it has multiple versions and limited MetaTrader technology. We would also rank highly if we had access to research, tools, robot trading, EAs, and quality execution.

Desktop platform

Both MT4 & MT5 are compatible with all devices, including PCs and MACs. You can choose which platform you use to either the industry standard version or the newly developed version MT5. It is important to note that both platforms are supported by each account, so you don’t need to specify. You can use them all at once, which is awesome.

What trading styles are permitted?

Exness allows almost any type of trading, which makes it possible for you to trade at Exness. There are many useful tools, including a glossary, Technical analysis by Trading Central and high quality VPS hosting. You can also access economical calendars, quotes history, and the most recent news regarding the Forex market via Dow Jones News. This is the largest provider of information worldwide, so it is included in the streaming line.

Mobile Trading Platform

There are many apps that you can use on your iPhone or Android device. They support MT5 as well as MT4 versions, so you can keep up to date with trading wherever you are. These apps are well-respected and well-developed. You can customize your phone to see account status, withdraw funds, and view fees reports all from your smartphone.

Customer Support

In addition to trading conditions that are comfortable, you’ll also receive support in 13 languagesavailable 24/7, as well as support in English and Chinese.

  • Customer Service in XM has been rated Good with an overall rating of 8 out 1. Exness has achieved excellent rankings for its support. It is also recognized by financial markets for its excellence. Our test also ranked Exness as a good one.

Check out our ranking and find out more about customer service quality:

ProsConsExness Academy is a learning centerNoneDemo Account available
Analyses of the Fundamentals and the Technical
Comprehensive research tools
Trading calculators, insights and trading ideas
Webinars, Market News and Web TV


Exness Education

Exness has its own Exness Academy, which is designed to educate and support traders from around the globe. The learning materials are categorized by level of experience, covering the basics and ending with the practice.

Exness is good for beginners.

Exness offers free Demo account and quite quality education materials. You also get the most recent financial news from Dow Jones. Educational materials and Web TV with the latest updates. Exness is a good choice for beginners. The platfroms make it easy for newbies to use the platform.

  • Exness Education’s overall rating is 9. Based on our research, Exness’s ability to organize the knowledge and invest in its traders’ advancements is something we love. Exness’ professional trading teams provide traders with powerful tools and one-stop access. You will also find research tools, technical analysis, and fundamental analysis, as well as weekly outlooks and trading ideas.

Exness Review Conclusion

Exness’s overall review concluded that broker is regulated by different jurisdictions. However, it has changed its regulations and entities many times. Exness was recognized for its accomplishments and high operational standards. We believe that Exness has the Mini and Standard accounts, which allow traders of all sizes to join a range of markets. Education is also excellent, as well as technical support via the industry-leading MT4 and MT5 platforms.

We recommend that you carefully review the conditions as they can vary depending on who you are trading with. International trading may not offer the same level of security as top-tier regulated brokers. European clients cannot sign with Exneess at the moment, so it is better to choose a European broker like HFM.

Based On Our Financial Expert Opinion Is Good For:

  • Starting traders

  • Traders who love MT4 or MT5 platforms

  • CFD and Currency Trading

  • EAs can be used to run

  • It is suitable for many trading strategies

Exness Updates

Exness UK and EU entities located in Cyprus have not been able to offer trading services or accept new clients. Exness currently operates its branch in South Africa, which was authorized by FSCA and via an international subsidiary in offshore Seychelles.

We advise traders to conduct their own research before opening an account with any regulated entity. At the moment, it is the South African Exness entity.