Exness review
Exness is a CFD and forex broker headquartered in Limassol, Cyprus, offering currency pairs, metals, energies, indices, stocks and crypto CFDs through MetaTrader 4, MetaTrader 5 and its own Exness Terminal and mobile app. The Exness Group operates through several regulated entities: the FCA in the UK and CySEC in Cyprus cover institutional and professional business, FSCA in South Africa and CMA in Kenya add regional licences, and offshore entities in Seychelles, Mauritius, Belize and Curaçao handle most retail volume. Leverage on those offshore entities runs up to 1:2000, well above what FCA or CySEC rules allow for retail clients, so the specific entity a client signs up with materially changes their protection and available leverage.
Exness key facts
- Website: www.exness.com
- Category: CFD and forex broker
- Founded: 2008
- Headquarters: Limassol, Cyprus
- Regulation: FCA UK, CySEC Cyprus, FSCA South Africa, CMA Kenya, plus offshore entities in Seychelles, Mauritius, Belize and Curaçao
- Platforms: MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade App
- Minimum deposit: $10 on Standard and Standard Cent accounts
- Max leverage: Up to 1:2000, varies by entity and instrument
- Markets: Forex, metals, energies, indices, stocks and crypto CFDs
- FYI Score: 96.2/100 (ranked #3 of the CFD brokers we track)
Regulation & licences
- Exness Group entities hold licences from the FCA in the UK and CySEC in Cyprus, alongside FSCA in South Africa and CMA in Kenya.
- UK and EU/EEA retail clients are generally not accepted on the FCA or CySEC entities, which serve institutional and professional business; retail sign-ups in most other regions default to Exness's offshore entities in Seychelles, Mauritius, Belize and Curaçao.
- Client funds are held in segregated accounts per Exness's own disclosures, though the offshore entities carry materially less regulatory protection than an FCA- or CySEC-licensed broker.
Spreads & fees
- Raw Spread and Zero accounts offer spreads from 0.0 pips plus a per-lot commission; Standard and Standard Cent accounts use a spread-only model, typically 0.3 to 1.0 pips on majors.
- No account, deposit or inactivity fees; internal withdrawals are free, though third-party payment providers may apply their own charges.
- Swap-free, Islamic-compliant account variants are available across the main account types.
Platforms & tools
- MetaTrader 4 and MetaTrader 5 support, alongside Exness's own Exness Terminal for web and desktop and the Exness Trade mobile app.
- Instant execution and fast withdrawal processing are frequently cited features in third-party reviews.
- Free demo accounts and an in-house economic calendar and market analysis section.
Markets, instruments & account types
- 95+ forex pairs plus metals, energies, indices, around 98 individual stock CFDs and a range of cryptocurrency CFDs.
- Five main live account types: Standard, Standard Cent, Pro, Raw Spread and Zero.
- Minimum deposit from $10 on Standard and Standard Cent accounts; roughly $200 recommended on Pro, Raw Spread and Zero accounts.
- Leverage up to 1:2000 on some entities and instruments, subject to much lower caps for clients booked through FCA- or CySEC-regulated entities.
Markets
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Platforms
MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade App
Who Exness is for
Exness suits cost-sensitive, high-frequency traders drawn to raw spreads from 0.0 pips and very high leverage, but clients based in tightly regulated markets should check exactly which Exness entity and licence they are signing up with before funding an account.
Pros
- Very tight spreads from 0.0 pips on Raw Spread and Zero accounts, appealing to high-frequency and scalping traders.
- Wide market range across forex, metals, energies, indices, stocks and crypto CFDs.
- Choice of platforms: MetaTrader 4, MetaTrader 5 and Exness's own terminal and mobile app.
- No account, deposit, withdrawal or inactivity fees beyond standard trading costs.
Cons
- Retail clients in the UK and EU/EEA are generally not accepted on the FCA or CySEC entities; retail sign-ups default to offshore entities in Seychelles, Mauritius, Belize or Curaçao with materially lighter oversight.
- Leverage up to 1:2000 on offshore entities is far above what top-tier regulators allow retail clients, raising the risk of large, fast losses.
- Regulatory coverage is fragmented across many entities, making it easy for a prospective client to misjudge which protections actually apply to their account.
- Exness does not publish a named founder or CEO, unusual for a broker of its scale and a limit on transparency for competitive research.
Exness FAQ
Is Exness regulated?
Yes, but through several different entities. The FCA in the UK and CySEC in Cyprus regulate Exness's institutional and professional business, while FSCA in South Africa and CMA in Kenya add regional retail licences. Most international retail clients are onboarded to offshore entities regulated in Seychelles, Mauritius, Belize or Curaçao, which carry lighter oversight than the FCA or CySEC entities.
What is the minimum deposit at Exness?
Standard and Standard Cent accounts can be opened from $10. Pro, Raw Spread and Zero accounts are aimed at more active traders and typically require around $200.
What leverage does Exness offer?
Up to 1:2000 depending on the entity, instrument and account balance, well above the roughly 1:30 cap that FCA- and CySEC-regulated retail brokers must apply. This leverage is only available through Exness's offshore entities.
What trading platforms does Exness support?
MetaTrader 4 and MetaTrader 5, plus Exness's own Exness Terminal for web and desktop and the Exness Trade mobile app.
Compare Exness with other CFD brokers
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