Exness List of Supported & Banned Countries

Exness is one of the world's most respected forex and CFDs brokers. The company started in 2008 and serves customers from a wide range of countries. However, there are several countries from which Exness does not accept clients. In this review, we will be looking at the countries in question and offer you some alternatives to Exness with great trading conditions.

Not sure if Exness supports traders from your country? Try opening an account, if this works, they welcome traders from your country

Remember that forex and CFDs available at Exness are leveraged products and can result in the loss of your entire capital.
Please ensure you fully understand the risks involved.

Is Exness available in my country? List of Prohibited Countries

Exness does not accept nationals and residents of the USA, American Samoa, Baker Island, Guam, Howland Island, Kingman Reef, Marshall Islands, Northern Mariana Islands, Puerto Rico, Midway Islands, Wake Island, Palmyra Atoll, Jarvis Island, Johnston Atoll, Navassa Island, Martinique, Vatican City, and US Virgin Islands.

Additionally, Exness does not accept residents of:

• North America: Canada, Cuba, Nicaragua, The Bahamas
• South America: Uruguay
• Oceania: Australia, New Zealand, Vanuatu, Christmas Island, Cocos (Keeling) Islands, Fiji, Heard Island and McDonald Islands, Kiribati, Micronesia (Federated States of Micronesia), Niue, Norfolk Island, Palau, Samoa, Tokelau, Tuvalu
• Asia: Malaysia, Myanmar, North Korea, Singapore, South Korea, Russian Federation
• Europe: Albania, Andorra, Austria, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Macedonia, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Svalbard and Jan Mayen, Sweden, Switzerland, United Kingdom, Faroe Islands, Greenland, Åland Islands
• Africa: Central African Republic, Democratic Republic of the Congo, Libya, Mali, Mauritius, Rwanda, Seychelles, Somalia, South Sudan, Sudan
• Middle East: Afghanistan, Iran, Iraq, Israel, Palestinian Territory, Syrian Arab Republic, Western Sahara, Yemen
• Antarctica: Antarctica, Bouvet Island
• British Overseas Territories: Anguilla, Bermuda, British Indian Ocean Territory, British Virgin Islands, Cayman Islands, Falkland Islands, Gibraltar, Pitcairn Islands, Saint Helena, South Georgia and the South Sandwich Islands, The Turks and Caicos
• Caribbean: Barbados, Bonaire (Sint Eustatius), Saba, Haiti, Saint Martin, Saint Vincent and the Grenadines
• Dutch Territories: Caribbean Netherlands, Curaçao, Sint Maarten
• French Territories: French Guiana, French Polynesia, French Southern Territories, Guadeloupe, Martinique, Mayotte, New Caledonia, Réunion, Saint Barthélemy, Saint-Pierre and Miquelon, Wallis and Futuna

If the country of your residence is not on this list it means you are in one of the countries that Exness supports. To be absolutely sure, It's best to visit Exness directly to see if that's the case. If opening a new account works, you are good to go.

What Exness Has to Offer

We always have to look at a company’s regulatory status whenever we review them. Exness is regulated by the CySEC, the FCA, the FSA, the FSCA, and the FSC. This means that multiple regulators watch their every move to ensure they obey the law. Note that regulated brokers can also break the law. However, having numerous regulators like this is a sign that a company is willing to operate within set rules and regulations.

There are a variety of trading instruments clients can trade on Exness. Some markets they can trade instruments from include forex, metals, cryptocurrencies, energies, stocks, and indices. Note that most of these instruments are CFDs. CFD trading involves a lot of risks, and a lot of traders end up losing their funds. Make sure you understand the risks involved before investing.

Nonetheless, Exness offers some of the best trading conditions in the market. For example, the spreads can go as low as 0.6 pips for the EURUSD pair. Additionally, clients get access to some of the best trading platforms in the world. Exness traders enjoy access to the Exness Trader on top of MetaTrader 4 and 5. This is very attractive for both novice and experienced traders.

Sadly, these impressive features are not available to traders worldwide. Exness does not accept clients from all countries. Above is a look at the countries from which Exness does not accept clients.

Some Great Alternatives to Exness

Pepperstone - (Alternative for UK, EU and International Traders)

Pepperstone stands out as a top-tier alternative to Exness. They are a reputable global broker with a strong track record and a presence in 174 countries. Established in 2010, this broker holds regulatory licenses from various institutions. These include the FCA in the UK, the CySEC in Cyprus, the ASIC in Australia, and the BaFin in Germany, among others. Additionally, Pepperstone offers a wide range of trading instruments, including CFDs on forex, indices, commodities, cryptocurrencies, currency indices, ETFs, and shares.

On another note, Pepperstone is known for its competitive pricing. The standard account offers tight spreads from 1.0 pips for major currency pairs, commission-free. The razor account provides even tighter spreads, starting from 0.0 pips, but incurs a commission based on the trading platform used. For MetaTrader 4 and 5, the commission is $3.5 or €2.6 per side per lot, depending on the account currency. TradingView also charges $3.5 per side per lot, while cTrader offers a slightly lower commission of $3 per side per lot. For non-USD accounts on TradingView and cTrader, the commission is converted to the account currency using the spot exchange rate.

75.9% of retail CFD accounts lose money

Forex.com - (Alternative for European, US and International Traders)

Forex.com is a solid alternative to Exness. This company has a reputable track record and is regulated by several bodies. These include the CFTC and NFA in the US, the FCA in the UK, the IIROC in Canada, and the CySEC in Cyprus. Such heavy regulations are attractive to all kinds of traders. Furthermore, based on client assets per the 2022 monthly Retail Forex Obligation reports published by the CFTC, Forex.com is the No. 1 Forex broker in the US.

There are a variety of trading instruments available on Forex.com. Traders from the US can invest in the Forex, futures and futures options markets. EU, UK and international clients can trade here CFDs on Forex, Stocks, Commodities and Indices. 

Forex.com does not charge high trading fees. For example, the spreads on Forex.com can be as low as 1.0 pips for some major currency pairs on the Standard Account. A commission account is available for clients who want to trade with ultra-low spreads on Forex.com, these start from 0.0 pips on major currency pairs and have a competitive trading commission starting at 5 USD per 100k USD traded. Additionally, STP Pro and Corporate accounts are available to accommodate all kinds of traders.

Available on Forex.com is the MT4 platform. This is one of the best trading platforms in existence. Many experienced traders vouch for its versatility and fast execution. In addition to that, the company also supports an easy integration of the TradingView platform.

75-76% of retail investor accounts lose money when trading CFDs with this provider.

OANDA (Alternative for US traders)

OANDA US has the respect of many traders in the market. The company has been in operation for over 25 years. OANDA operates under strict supervision from some of the best regulators in the world. The company is regulated by the CFTC, the NFA, the FCA, the IIROC, and the ASIC, among other regulators. Many traders will gladly trade with a broker under such strict regulations.

There are a variety of markets in which traders can invest with OANDA. Their main focus, however, is on the forex market. In this category, they offer speculation on over 70 different currency pairs.. This opportunity to diversify one’s portfolio is always attractive to all kinds of traders.

The typical spreads on OANDA can start from 1.0 pips on major currency pairs. As such, trading charges on OANDA are favourably low and industry-standard. Additionally, commission accounts are available for clients who want to trade with ultra-low spreads. The trading platforms on OANDA include the fxTrade mobile app and the MetaTrader 4 and MetaTrader 5 platforms. 

Forex trading involves significant risk of loss and is not suitable for all investors.

Our Final Thoughts on Exness Supported & Prohibited Countries

Exness is one of the best forex and CFDs brokers in the world. Sadly, there are many countries and jurisdictions that Exness does not accept clients from. Many people cannot enjoy the features that Exness has to offer. However, several alternatives to Exness are available to clients from all over the world. In this review, we looked at the countries that Exness restricts. We then provided a few alternative companies for people in these countries. If you cannot access Exness from your location, we hope the companies mentioned here meet your trading needs.