Choosing the right broker will impact your forex trading career. You need to find the broker that fulfills your needs. There are some aspects that separate good brokers from bad ones. Exness is one of those good brokers you are looking for. I’ve tried to review this broker based on my personal experience and let me know what you think of this broker.
The Exness started giving services to its clients from 2008. Its office is registered in Cyprus and Saint Vincent and the Grenadines. It has come a long way after its inception. It is now one of the top ECN brokers of the world. It is one of my personal favorite forex brokers and I have been using it for a long time. Exness is not available for US-based traders but it is always ready to cater its service to the rest of the world.
Exness is a highly regulated Forex broker so you can trust them with your money. It is regulated by Financial Conduct Authority (FCA) in the UK, by CySEC in Cyprus, CONSOB in Italy, FI in Sweden, CNMV in Spain, AFM in the Netherlands, and BaFin in Germany.
Exness Account Details
If you are using the MT4 platform you can open four types of accounts with Exness. Based on the type of account you are using spreads and minimum deposit may vary. Leverage is unlimited in all types of account except with ECN account in which maximum leverage is 1:200. ECN accounts do not charge any spreads but it has a fix commission rate of $25 USD per 1 million USD traded.
Also Read: FXOpen Broker Review
Exness Deposit and Withdrawals
One of the reasons why many traders choose Exness is because of its different methods available for deposit and withdrawals. Deposit and withdraw are instant with Skrill, Neteller, Perfect Money, WebMoney, and Cashu. In case of wire transfer and credit cards withdraws may take 3-5 days.
It provides a wide range of instruments to trade with. They have forex currency pairs, gold, silver, and cryptocurrencies. Altogether it provides around 116 instruments.
Customer service experiences have always been the best with Exness. They have multi-lingual customer support including English, Russian, Chinese, Hindi, Farsi, Urdu, Vietnamese, Indonesian, Arabic, Thai, Bengali, Malay, and Tamil. They have 24 hours live chat service and they respond very quickly.
Exness Trading Platforms
One has four alternatives when choosing a trading platform with this broker.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- MT4 WebTerminal
- Mobile Platforms
Also Read: XM Broker Review
If you live in Europe or in Asia, Exness is the best broker for you. As mentioned before I have many years of experience with Exness and I never faced any problem with this broker. Hence I would definitely recommend this broker. Please let me know what are your experiences with this broker.
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