Exness Review - What to expect from the broker

Exness is a Forex broker that proudly sponsors the world's number one football team, Real Madrid. Exness is a subsidiary company of Exness (Cy) Ltd, a corporation that is regulated in Cyprus by the CySEC. The average spread is for EUR/USD 0.6 pips*, to open a standard trading account, the minimum deposit is $1.

What do we cover in our Exness Review?

General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

Website address: www.Exness.com
Instruments: Forex - 80 currency pairs
The minimum deposit to open a standard account: $1
Demo account: Yes, free of charge
Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard), Mobile Money, M-Pesa

Exness Trading Platform

For FX and CFD trading, Exness offers MT4 and MT5. A popular forex trading platform can be used not only for executing trades but also for analyzing financial markets or automated trading. Both trading platforms can be downloaded to any computer or can be accessed via just a web browser or a mobile application. According to Exness, the order execution time is from 0.1s.

Exness Spreads

As any other CFD broker, Exness charges a spread fee. For the most current spread charges, please visit the Exness.com website. Here is a spread comparison table that contrasts Exness spreads with popular industry competitors.

Asset	EUR/USD	USD/JPY	GBP/USD	AUD/USD
Exness *	0.6	0.7	0.7	0.9
Pepperstone**	1.0	1.0	1.0	1.0
eToro**	1.0	1.0	2.0	1.0

*Average spreads recorded on 14.10.2021 at 15:10 GMT, data were taken from the Contract specifications page for the PRO account (min. deposit - 500 USD). **Minimum Spreads recorded on 18.8.2023 at 11:26 GMT from the website of the broker.

To sum up the Exness Review

Exness adheres to strict regulatory guidelines of the CySEC - License number 178/12. The broker offers competitive spreads and a free demo account for practise FX trading. The minimum deposit for the standard account is as small as it can get - 1 buck.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with Exness.

Michael Kuchar

Author of the article

Hi, I'm Michael and my area of expertise is Forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and use a combination of fundamental and technical analysis to anticipate potential market movements. My current main interest lies in cryptocurrencies, especially in Ethereum and decentralized applications.

See my latests posts

6 comments

Emmanuel

October 07, 2020 AT 16:02 / reply

I opened exness trading app, went straight to the deposit option, but surprisingly, I did not find the Mobile Money option. So far all I'm seeing is AstroPlay Card, Bank card, Bitcoin, Neteller, Perfect Money and WebMoney

Michael

October 07, 2020 AT 16:50 / reply

Hello Ammanuel, That's odd, mobile money option should be there as well, I have verified this information with Exness. Please contact their customer support to resolve this issue.

Julius

January 02, 2021 AT 15:15 / reply

Thanks for that info, I've checked with iqoption. Can you please add more brokers who offer Binary options trading and mobile money...

Michael

January 03, 2021 AT 18:24 / reply

Hello Julias, I will try, but I don't to promote here companies I don't trust, so rather to promote one or two solid companies than dozens of shady ones.

Michael

September 19, 2021 AT 23:00 / reply

I Enquired recently and was told that the Momo option is not active now however they are currently working on reactivating it. He couldn't give me a timeline. But assured it would be restored

ArabMoni12

March 01, 2024 AT 01:34 / reply

I love it just a beautiful application