Exness Unlimited Leverage - Review

Leverage is one of the most important tools that traders use while trading financial instruments online. People use leverage to amplify their potential profits while requiring minimal capital investment. However, leverage also comes with increased risk, making it a double-edged sword. 

Exness, a globally recognised forex and CFD broker, has gained significant attention for offering unlimited leverage to its clients. This feature requires a thorough examination of how it works and how to access it. In this Exness Unlimited Leverage review, we will explore this unique feature offered by Exness including the terms and conditions that apply.

Remember that Forex and CFDs available at Exness are leveraged products.
Their trading can result in the loss of your entire capital.

What is Exness Unlimited Leverage?

In traditional trading, leverage allows traders to control a larger position with a smaller capital upfront. For instance, a leverage of 1:100 means a trader can control $100 worth of assets with just $1 in their account. Exness' Unlimited Leverage takes this concept to its extreme by removing the margin requirements for certain trading instruments under specific conditions. This feature is available on all five trading accounts offered by Exness. 

However, unlimited leverage on Exness is not available by default and is recommended for experienced traders. Traders must satisfy certain conditions to qualify for this high-risk trading option. To mitigate risk exposure when using unlimited leverage, Exness has put in place the following conditions:

• To qualify for this feature, a trader’s total equity across all real trading accounts must be below $1,000.
• Additionally, the trader must have closed at least 10 real-money orders, excluding pending orders. These orders should have a combined minimum size of 5 standard lots (or 500 cent lots) across all real accounts.

Once the criteria are met, the option to enable unlimited leverage will become available in the leverage settings of any eligible trading account. However, certain assets are excluded from unlimited leverage. These include:

• Exotic (currency pairs)
• Cryptocurrencies
• Commodities (Energies)
• Stocks
• Indices
• XPD (currency pairs)
• XPT (currency pairs)

Further, remember that the maximum available leverage to you will depend on the country you reside in and the regulatory policies involved. As an example, the maximum leverage accessible to clients registered with Exness (KE) Limited in Kenya is 1:400.

Benefits of Exness Unlimited Leverage

Unlimited leverage on Exness has several advantages, particularly for certain types of traders. Here are some of the key benefits:

• Amplified Potential Profits - The most significant advantage of Unlimited Leverage is the potential for substantial profits from relatively small investments. Unlimited leverage allows traders to control larger positions with minimal capital. 

• Flexibility - Traders can choose their preferred leverage level based on their risk tolerance and trading strategy. This flexibility is especially useful for experienced traders who understand how to manage risk effectively.

• Access to Diverse Markets - While there are restrictions on some market products, people can apply this unlimited leverage option on a variety of trading instruments. 

• Low Capital Requirement - Exness requires a small minimum deposit of $10. With unlimited leverage, traders can enter high-value trades with minimal capital.

Risks and Considerations

While unlimited leverage offers significant advantages, it also comes with substantial risks. Traders must approach this feature with caution and a solid understanding of risk management. Here are some of the potential downsides:

• Amplified Potential Losses - The same mechanism that amplifies profits also magnifies losses. A small adverse price movement can result in substantial losses.

• Margin Calls and Liquidation - Trading with high leverage increases the risk of margin calls and account liquidation. If the market moves against a highly leveraged position, the trader may be required to deposit additional funds or face automatic closure of their positions.

• Psychological Pressure - High-leverage trading can be emotionally challenging, leading to impulsive decisions and overtrading. Traders must maintain discipline and stick to their trading plans.

Who is Exness Unlimited Leverage Suitable For?

Unlimited leverage, or even very high leverage, is not recommended for most traders. It's a risky strategy with a high chance of significant losses. However, some traders may consider it under specific circumstances. Let’s take a look at some trader profiles that may be best suited for unlimited leverage:

• Experienced Traders - Seasoned traders are probably the best suited for unlimited leverage. There is a high probability that such traders already understand the risks of high-leverage trading and have robust risk management strategies. A thorough understanding of margin, leverage, and the associated risks is essential.

• Traders with Small Accounts - Unlimited leverage is particularly advantageous for traders with limited capital. It allows them to maximise their trading potential with a small investment.

Trading Accounts on Exness

It is important to understand the trading accounts available on Exness and the fees they charge on these accounts. Exness provides a range of account types tailored to different trading preferences, each with different fee structures. Traders can choose from two standard accounts and three professional accounts. 

The Standard Account offers spreads starting from 0.2 pips on major currency pairs. Similarly, the Standard Cent Account features spreads beginning at 0.3 pips on major currency pairs. Meanwhile, the Pro Account delivers ultra-low spreads from 0.1 pips. The Standard, Standard Cent, and Pro accounts do not charge commissions.

On the other hand, the Raw Spread Account provides spreads as low as 0.0 pips, with a commission of up to $3.5 per side per lot. Finally, the Zero Account offers spreads from 0.0 pips on the top 30 instruments, with commissions starting from $0.2 per side per lot.

Exness’ Credibility

Prioritising regulated brokers is crucial for the best trading experience. No matter the level of leverage available, it’s crucial to select a broker overseen by strict regulatory authorities globally. Fortunately, Exness operates under the regulation of several organisations including the FSCA in South Africa, the CMA in Kenya, the FSC in Mauritius, the FCA in the UK, and the CySEC in Cyprus, among others.

On another note, Exness enjoys a strong reputation among online reviewers. It holds an impressive 4.6-star rating on Trustpilot from over 13,500 reviews. This rating reflects a high level of customer satisfaction. Moreover, Exness stands out as one of the largest brokers in the world by trading volume, further emphasising its appeal. 

Closing Remarks

The unlimited leverage option on Exness is a unique and innovative feature that sets it apart from many other brokers in the industry. It offers significant benefits, such as increased trading power, flexibility, and increased potential returns. Nonetheless, it also comes with substantial risks that must not be overlooked. Traders should approach unlimited leverage with caution, ensuring that they have a solid understanding of risk management and the financial markets.

Ultimately, Exness' unlimited leverage is best suited for traders with a strong understanding of margin and leverage. As a general rule of thumb, it may be wiser to start with lower leverage and gradually increase exposure as you gain experience and confidence. As with any trading decision, it's essential to conduct thorough research and consider your individual financial goals and risk tolerance before using unlimited leverage.

Remember that Forex and CFDs available at Exness are leveraged products.
Their trading can result in the loss of your entire capital.