We gave xcritical reviews Exness a score of 6 out of 10 for a range of markets for trading. With nearly 100 Forex pairs to trade, and a decent range of cryptos and hard commodities like metals and energies we were impressed. However, we would have liked to have seen more and they have seen more shares, indices, and ETFs available.
Instruments Traded
When we test the platform, we found it performed as well as any desktop which is a good thing as it means you can use the platform on any medium you can access a web browser, even mobiles. Exness makes its money by charging a commission when orders are opened or closed. These start from USD 0.2 per (0.4 round-turn) a lot but vary depending on the instrument you’re trading. It’s important to note that both the open and close commission is bundled together when the position is first opened. Minimum order sizes start from 0.1 lots and the account is integrated with both MetaTrader4 and MetaTrader 5, there’s also a greater number of account currency types to choose from. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
Exness Terminal
Today, we are one of the world’s leading brokers, trading across multiple markets with the most stable and reliable pricing in the industry. As a result, you would have to manage your portfolios from a sub-standard trading platform, unless you invest in certain upgrades. This can be quite a hustle for advanced traders who need various tools to complement their trading. The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.
Currency Conversion Fee
Not only can you choose between 3 quality trading platforms they also have a good social trading app that avoids the generic offering many brokers are creating. Exness offers a wide range of features that are aimed at both beginners and advanced traders. When it comes to educational and research materials, Exness provides excellent in-house content for its clients. To begin with, there is the Weekly Forex Data segment which consists of in-depth analysis about price in the key upcoming events and trading ideas. There’s also the bi-weekly technical analysis with quality content and charts. In addition, Exness offers a web TV stream provided by Trading Central to add research value.
- The safety of traders’ funds is also guaranteed as Exness is one of the European-based STP/ECN brokers.
- Being arguably the most popular platform in existence, the MetaTrader family becomes a safe choice for almost any type of trader.
- In addition to offering the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, Exness also provides its Terminal web platform which features robust charting and order types in an otherxcritical minimalist design.
- Exness accepts deposits in different cryptocurrencies, available from within the client portal under its wallet section.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
This dynamic approach offers traders flexibility in managing their trading costs. Exness has hundreds of thousands of active clients, as well as $4.5 trillion in monthly trading volumes as of September 2023. The broker offers a wide range of assets, including Forex, Crypto, Metals, Energies, and more, to its clients. The award-winning broker also has a variety of account types that will suit every trader’s individual needs. Besides lots of currency pairs, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies and Commodities for your best choice.
The availability of these platforms enhances the overall trading experience and supports a variety of trading styles. Exness offers several account types which are suited to different levels of experience. The Standard account has no commissions while the RAW spread and Zero accounts are the best choices for experienced traders.
Regulated and Secure
Over the years, Exness has developed into a broker that attracts traders. Trader’s trust is further enhanced by its compliance with financial regulations like the FCA and CySEC. The company is also known to focus on complete transparency by consistently publishing its financial reports, which are reviewed by the Big Four accounting firm Deloitte, as written on its website. That means Deloitte would verify the existence and accuracy of all account funds and perform additional procedures, such as reconciliation of the funds and substantive testing of bonuses. This robust regulation ensures a high level of security and transparency, making Exness a reliable choice for traders around the world. Exness, founded in 2008, is a prominent global broker specializing in forex and CFDs.
Exness provides a wide range of deposit and withdrawal options, including credit/debit cards, e-wallets, and cryptocurrencies. Many transactions are processed instantly, and most methods have no fees. Exness offers mobile trading apps, as well as MT4 and MT5 for both Android and iOS devices. These apps grant traders the flexibility to access their accounts, execute trades, and monitor market developments while on the move.
Traders do not need to xcritical official site worry about transaction fees when depositing and withdrawing. Exness doesn’t charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others. Moreover, the company always makes sure to secure clients’ funds by providing negative balance protection and a segregated account that is entirely separate from corporate funds. Thus, it is not surprising that Exness has paved its way up and become one of the top global brokers on the market now. Within the website’s blog section, Exness features a category dedicated to education, with articles covering topics such as trading strategies and platform features.
