Exness is one of the largest retail forex brokers by trading volume. The company started in 2008, but it does not accept clients from every country, as regulatory requirements and business decisions limit where it can operate. In this guide, we list Exness's banned and restricted countries and explain where Exness is available through its regulated entities. We also suggest a few alternatives worth comparing before you open an account.
Exness decides eligibility when you register, based on where you live. You can check whether Exness accepts clients from your country on its website.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Exness Banned and Restricted Countries List
According to Exness, it 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, Vatican City, and US Virgin Islands.
Additionally, Exness does not accept residents of the countries and territories below. The list can change at any time.
- 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: India, 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, Liechtenstein, Lithuania, Luxembourg, Malta, North 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
- 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 Islands
- 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
A country not appearing on this list does not mean Exness will accept you, or that Exness is regulated in your country.
Where Exness Is Available: Supported Regions and Regulators
Exness operates through several regulated companies, and the one you are registered with depends on where you live. Your entity decides which regulator oversees your account, which products you can trade and what investor protection applies.
| Exness entity | Regulator | Licence | Generally for clients in |
|---|---|---|---|
| Exness ZA (PTY) Ltd | 
| FSP 51024 | South Africa |
| Exness (KE) Limited | 
| 162 | Kenya |
| Exness Limited Jordan Ltd | 
| Reg. No. 51905 | Jordan |
| Exness MENA Financial Brokers L.L.C | 
| On the CMA register | Decided by Exness based on where you live |
| Exness (SC) Ltd | 
| SD025 | Decided by Exness based on where you live |
| Exness B.V. | 
| 0003LSI | Decided by Exness based on where you live |
| Exness (VG) Ltd | 
| SIBA/L/20/1133 | Decided by Exness based on where you live |
| Forexite Ltd | 
| 9110312 | Decided by Exness based on where you live |
Make sure you are onboarded with the right entity for where you live. Check which entity is named in your account documents before you deposit.
What Exness Has to Offer
Exness offers CFDs on forex, metals, cryptocurrencies, energies, stocks and indices. Clients can trade on MetaTrader 4 and MetaTrader 5, as well as Exness's own platforms: the Exness Terminal for web trading and the Exness Trade app for mobile. This mix covers both traders who prefer familiar industry standard tools and those who want a simpler, streamlined interface.
Spreads on major forex pairs can be as low as 0.2 pips on the Standard account, with no commission charged. TradingBeasts readers who register with our partner code i5i10zputd can request a daily rebate of 35% of the commission Exness pays us, lowering their trading costs further.
Exness is regulated by several authorities, including the FSCA in South Africa, the CMA in Kenya, the JSC in Jordan and the FSA in Seychelles. Holding licences from multiple regulators shows a willingness to operate under established rules, which is one of the first things we look at when assessing any broker.
Alternatives to Exness
HFM: Alternative With Multiple Account Types
HFM is a global forex and CFD broker with over 4 million clients. It offers CFDs on forex, energies, indices, metals, bonds, stocks, cryptocurrencies, commodities and ETFs, and supports MetaTrader 4, MetaTrader 5 and the HFM app.
The Cent and Premium accounts have spreads from 1.4 pips on major forex pairs with no commission, and the Pro account from 0.6 pips. For raw pricing, the Zero account offers spreads from 0.0 pips on major forex pairs with a commission of $3 per side per lot on forex.
HFM is regulated by several authorities, including the DFSA in the UAE, the FSCA in South Africa, the CMA in Kenya and the FSA in Seychelles. It also supports copy trading and lets clients open accounts in several base currencies.
Your capital is at risk. Leveraged products may not be suitable for everyone.
Pepperstone: Alternative With FCA, ASIC and BaFin Regulation
Pepperstone is a globally regulated broker with clients in over 170 countries. Established in 2010, it holds licences from several regulators. These include the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany and the DFSA in the UAE, among others. The broker gives access to over 1,350 CFDs covering forex, indices, commodities, cryptocurrencies, currency indices, ETFs and shares.
The Standard account offers spreads from 1.0 pips on major currency pairs with no commission, while the Razor account starts from 0.0 pips on major forex pairs with a commission of $3.50 per lot per side on MetaTrader 4, MetaTrader 5 and TradingView, or $3.00 on cTrader.
74.1% of retail CFD accounts lose money
IC Markets: Alternative With Over 2,200 Instruments
Established in 2007, IC Markets is one of the world's largest forex brokers by trading volume, consistently ranked second globally in data compiled by Finance Magnates, with monthly volumes above USD 1 trillion. It offers over 2,200 CFD instruments across forex, indices, metals, energies, commodities, stocks, bonds, cryptocurrencies and futures, available on MetaTrader 4, MetaTrader 5, cTrader and TradingView.
The Standard account offers spreads from 0.8 pips on major forex pairs with no commission. For tighter pricing, the Raw Spread account starts from 0.0 pips on major forex pairs with a $3.50 commission per lot per side on MetaTrader, or $3.00 per side on cTrader and TradingView. The IC Markets group is regulated by ASIC in Australia, CySEC in Cyprus, the FSA in Seychelles, the SCB in the Bahamas and the CMA in Kenya, and holds a 4.8 out of 5 rating on Trustpilot from more than 56,000 reviews.
72.31% of retail CFD accounts lose money
Our Final Thoughts on Exness Supported and Restricted Countries
Exness does not serve clients from the US, the UK, most of Europe, Australia, Canada and several other countries. Because the list changes over time, Exness's registration process is the most reliable way to check whether it accepts you, and it is worth confirming that Exness is regulated in your country before you open an account. Whether you can use Exness or not, it's worth comparing it with the alternatives above to find the broker that best fits your trading needs.
Frequently Asked Questions
Exness restricts some countries because of regulatory requirements, international sanctions and business decisions. Exness is not regulated in every country, and it decides whether to accept you when you register, based on where you live.
No. According to Exness, it does not accept residents of India, Malaysia, the UK or the EU member states.
Exness holds licences from regulators including the FSCA in South Africa, the CMA in Kenya, the JSC in Jordan and the FSA in Seychelles. Whether trading with Exness is permitted where you live depends on your local rules, so check that Exness is regulated in your country before you open an account.
No. Always register with your real country of residence. Using a VPN or a false address breaks Exness's client agreement and can lead to your account being closed or problems withdrawing your funds.
HFM, Pepperstone and IC Markets are solid alternatives with a similar offer, including forex and CFD trading on MetaTrader 4 and 5. HFM offers Cent, Premium, Pro and Zero accounts, Pepperstone is regulated by the FCA, ASIC and BaFin, and IC Markets offers over 2,200 instruments. Check that the broker you choose is regulated for clients in your country.
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