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Exness review 2023


Exness is a well-established Forex Broker brand that operates globally, with three main offices located in Seychelles, BVI, and South Africa. Its divided nature allows international clients to access financial services and investment solutions, while the global brand focuses on retail and mainly corporate solutions or partnerships. In addition, Exness has expanded its reach by establishing a UK-based entity, Exness UK Ltd, which is fully regulated and focuses on B2B proposals. The brand has won numerous awards for its stable and reliable brokerage services with tight spreads and no hidden commissions. Traders can enjoy a comfortable trading environment and the ability to trade a range of CFDs and Futures on various markets via MT4. Overall, Exness is a reputable and reliable broker that provides a comfortable trading experience to traders. For more information and reviews, you can visit the Defiway blog.

Exness Pros and Cons

Exness broker offers a favorable trading environment and is authorized by various authorities, including South Africa. However, it no longer holds CySEC and FCA licenses, and its product offerings are limited to Forex and CFDs. Additionally, there are no multi-currency accounts, and account conditions vary based on the jurisdiction. Despite these limitations, Exness is suitable for both beginners and professionals, and provides a range of research tools and analysis on the advanced MetaTrader technology. Here’s a table summarizing the advantages and disadvantages of Exness:

Global Broker with offices in SA, UK and SeychellesNo multi-currency accounts
Range of instruments including a good range of Forex and CFDsConditions are different based on entity
Suitable for both beginners and professionals
Based on MetaTrader technology
Advanced range of research tools and analysis

Exness awards

Exness has received several awards and recognitions over the years for its successful operations and exceptional services. These awards span across various categories such as customer satisfaction, trading technology, and overall rankings.

Furthermore, Exness has shown its commitment to social responsibility by actively participating in various social causes and sponsoring various organizations. Notably, the company has proudly sponsored the world’s number one football team, Real Madrid, and the legendary football player Cristiano Ronaldo.

Exness Reliability

Our Exness Trust Score, which takes into account their years of operation and reputation, is 8 out of 10, indicating a relatively good level of trustworthiness. However, we strongly recommend that potential clients carefully review the regulatory conditions, as Exness has undergone multiple entity and regulation changes over time. It is advisable to only sign up with brokers who are regulated and avoid offshore entities for better safety.

Exness has several strengths, such as being a regulated broker with a trading license in South Africa, offering segregated accounts and annual reports, and applying negative balance protection. However, it is not listed on a stock exchange, which could be a potential weakness.

It is important to understand how you are protected as an Exness client and to carefully review their regulatory compliance and risk management policies to make an informed decision.

Exness Leverage

Similar to other Forex brokers, Exness provides leverage options for its clients, allowing them to potentially increase their gains by multiplying their initial account balance. The level of leverage available depends on the specific instrument being traded, as well as regulatory restrictions and the client’s level of proficiency.

Based on recent research, Exness currently offers leverage levels in accordance with European regulations, which include 1:30 for major currencies, 1:20 for minor currencies, and 1:10 for commodities. However, it’s important to note that the maximum leverage ratio may be much higher for Exness’s global entity, depending on the country of the client’s origin.

It’s crucial for traders to understand how to use leverage effectively, as it can also lead to potential losses, and the use of leverage varies across different instruments.

Exness Account Types

Exness offers a variety of account types to cater to different trading needs. They offer over 80 currency options, instant payment options, and three main account types: Standard Cent Account, Standard Account, and Professional ECN Account with raw spreads and a commission charge per trade. Traders can also open a demo account to test their trading strategies or a live account to enter the forex markets live. However, it’s important to note that account offerings may differ for traders from different jurisdictions due to regulation and compliance. In our expert review, we find Exness’ account offerings to be a good proposal compared to other brokers. See the Exness Pros and Cons of Account below:


  • Fast digital account opening
  • Standard Account and Standard Cent Account
  • Professional ECN Account
  • Practice Demo Account


  • None

Exness Fees and Spreads

Exness has good pricing according to our review, with low spreads for standard accounts or commissions for ECN accounts, and no funding fees. However, it is important to check for inactivity fees or conditions based on your residency since they may vary. See the Exness fee table below for more details.

Exness offers tight variable spreads, but the spread you get depends on the account type you choose. Standard Cent Account Spreads start from 0.3 pips with no commission, while the Standard account costs are based on tight spreads starting from 0.1 pips. Lastly, the Professional ECN account features raw spreads plus a commission per trade, making it a good option for experienced traders. See some examples below for a better understanding of Exness costs and a comparison with other brokers, as well as a comparison of fees with another broker, FBS.

Based on our testing comparison to other brokers, Exness spreads are ranked as average, with an overall rating of 7 out of 10. Note that some brokers offer better spread conditions.

Exness deposits and withdrawals

Deposits and withdrawals are a breeze with Exness, as the company offers instant transactions with no commission using a variety of electronic payment systems that provide convenient funding control for your trading account.

Deposit Options

Exness allows you to choose from a variety of payment options so that you can choose the most suitable one for you. Exness usually does not charge any deposit fees or internal charges, but your payment provider may add fees based on your residence. Be sure to verify the fees before making a deposit.

  • Bank Wire Transfers
  • Major Credit Cards
  • E-wallets like Neteller and Skrill

We have ranked Exness Funding Methods as “Good” with an overall rating of 8 out of 10. The minimum deposit required is very low, starting at just $1. Fees are reasonable or non-existent, but some payment methods may not be available due to entity rules or your residency.


  • Global Broker with offices in SA, UK, and Seychelles
  • Range of instruments including a good range of Forex and CFDs
  • Suitable for both beginners and professionals
  • Based on MetaTrader technology
  • Advanced range of research tools and analysis


  • No multi-currency accounts
  • Conditions are different based on entity

Exness Minimum deposit

Exness does not require a specific minimum deposit amount, so you can start as small as $10. The professional account may require a minimum deposit of $200. Be sure to check the necessary margin requirements that are usually set for each trading instrument separately. Also, check the payment methods as some of them may set a minimum transfer amount.

Exness minimum deposit vs other brokers

Exness: $10

Most other brokers: $500

Exness does not charge any fees for withdrawals, and the withdrawal options include bank wire and credit cards, which are the most commonly used. Before initiating a transfer, it’s important to check with customer service to see if any fees are applicable due to your country of origin or your payment provider.

Exness customer support

Finally, in addition to favorable trading conditions, Exness provides quality customer support available in 13 languages for 24/5 and 24/7 in English and Chinese.

Our review finds that Exness has excellent customer support, which is highly regarded in the financial markets. It has been ranked as a good one through our testing process as well.


In conclusion, Exness is a broker that is regulated by various jurisdictions but has undergone changes in its regulations and entities over time. While Exness has been recognized for its achievements and high operational standards, it is important to note that some conditions may vary based on entity and international trading may not provide the same level of safety as top-tier regulated brokers. Despite this, Exness offers a range of account types and markets, along with comprehensive education and technical support through industry-leading platforms like MT4 and MT5.

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