Exness Review

David Okonjo

Written by

David Okonjo
Lisa Martinez

Fact Checked by

Lisa Martinez

Updated

Jan 4, 2026
Broker review header

92

Trust Score: 92/100

Based on regulatory status, company history, and financial transparency

  • #1 retail broker by volume: $4.5+ trillion monthly
  • Instant automated withdrawals - often seconds
  • Unlimited leverage on Standard accounts
  • Raw spreads from 0.0 pips on professional accounts
  • Regulated by CySEC, FCA (B2B), FSCA, FSA, CMA
  • Public financial reports audited by Deloitte
  • 600,000+ active traders globally
  • Swap-free extended on most instruments

Founded

2008

Headquarters

Limassol, Cyprus

Clients

600,000+ Active Traders

Why choose Exness

Exness has established itself as one of the world's largest retail forex brokers by trading volume, consistently exceeding $4.5 trillion in monthly trading volume as of 2026. Founded in 2008, the broker serves over 600,000 active traders globally and has built its reputation on three key pillars: instant automated withdrawals, unlimited leverage options, and exceptional transparency through public financial reporting audited by Deloitte. Exness offers five account types ranging from beginner-friendly Standard accounts with a $10 minimum deposit to professional Raw Spread and Zero accounts for experienced traders. The broker is known for its innovative features like Swap-free extended (no swap on most instruments), Stop Out Protection, and one of the most reliable withdrawal systems in the industry. While Exness maintains strong CySEC and FCA regulation, retail clients are typically onboarded to offshore entities to access higher leverage, as the broker is not available to EU retail clients, US residents, or several other jurisdictions.

Pros

  • Industry-leading withdrawal speed (instant/seconds)
  • Exceptional transparency with public financial reports
  • Massive liquidity - $4.5+ trillion monthly volume
  • No inactivity, deposit, or withdrawal fees
  • Multiple account types for all trader levels
  • Strong multi-jurisdiction regulation
  • Stop Out Protection feature

Cons

  • Not available to EU retail clients, US, UK, Canada, Australia
  • Retail clients routed to offshore entities for leverage
  • Customer support can be busy during peak times
  • Limited stock CFD selection compared to competitors
Exness logo

Exness

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Popular choice

Min Deposit:

$0

Inactivity Fee:

No

Regulated:

No

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Exness offers one of the most competitive fee structures in the industry for 2026. The broker charges no inactivity fees, no deposit fees, and no internal withdrawal fees - third-party payment provider fees may apply. Standard accounts are commission-free with spreads from 1.0 pips on EUR/USD. Professional accounts (Pro, Raw Spread, Zero) require a $200 minimum but offer significantly tighter spreads. The Pro account offers spreads from 0.6 pips with no commission - often the lowest overall cost for most traders. Raw Spread accounts offer 0.0 pip spreads with a $3.50 per lot per side commission ($7 round turn). Zero accounts feature 0.0 pip spreads on major pairs for 90-95% of the trading day with variable commissions from $0.20 to $8.00 per lot depending on the instrument.

InstrumentStandardRaw/Pro
EUR/USDFrom 1.0 pip0.0 pips + $3.50
GBP/USDFrom 1.2 pips0.0 pips + $3.50
USD/JPYFrom 1.1 pips0.0 pips + $3.50
Gold (XAU/USD)From 2.0 points0.0 points + $3.50
US30 (Dow Jones)4.0 points1.5 points
BTC/USDFrom 25 pointsVariable

Deposit Fee

$0

Withdrawal Fee

$0

Inactivity Fee

$0

Account Maintenance

$0

Non-trading fees

Inactivity fee: No.

Exness maintains a robust regulatory framework with licenses from multiple jurisdictions including CySEC, FCA (for B2B/professional services), FSCA, FSA Seychelles, FSC Mauritius, CBCS Curaçao, and CMA Kenya. The broker stands out for its exceptional transparency, publishing monthly financial reports audited by Deloitte. Client funds are held in segregated accounts at top-tier banks, and negative balance protection is provided to all clients globally. However, retail traders from the EU, UK, US, Canada, and Australia are typically not accepted due to regulatory restrictions, with most retail clients onboarded through the FSA Seychelles entity to access unlimited leverage.

Regulatory Status

RegulatorCountryTierLicense
Cyprus Securities and Exchange Commission (CySEC)CyprusTier-1178/12
Financial Conduct Authority (FCA)UKTier-1 (B2B only)730729
Financial Sector Conduct Authority (FSCA)South AfricaTier-251024
Financial Services Authority (FSA)SeychellesTier-3SD025
Financial Services Commission (FSC)MauritiusTier-3-
Capital Markets Authority (CMA)KenyaTier-2-
Central Bank of Curaçao and Sint Maarten (CBCS)CuraçaoTier-3-

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionFinancial Commission member - up to €20,000 per complaint
Compensation SchemeFinancial Commission Compensation Fund (up to €20,000)

Exness is the undisputed industry leader in deposit and withdrawal processing speed. The broker's automated withdrawal system processes requests in seconds - often within 3-5 seconds 24/7 including weekends. Exness charges no internal deposit or withdrawal fees, though third-party payment providers may apply their own charges. The broker supports an impressive 11 base currencies including USD, EUR, GBP, and various African and Asian currencies. Minimum deposits are just $10 for Standard accounts and $200 for professional accounts. Deposit options include credit/debit cards, e-wallets (Skrill, Neteller, Perfect Money), cryptocurrency (USDT, Bitcoin), and local bank transfers in many regions.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit Card (Visa, Mastercard)InstantFree$10
SkrillInstantFree$10
NetellerInstantFree$10
Perfect MoneyInstantFree$10
USDT (Tether)InstantFree$10
BitcoinInstantFree$10
Bank Wire Transfer1-3 business daysFree$10
Local Bank Transfers (Region-specific)Instant to 24 hoursFreeVaries

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
All MethodsInstant (seconds)Free$1
Credit/Debit CardInstant to 3 days (bank processing)Free$3
E-wallets (Skrill/Neteller)InstantFree$1
Cryptocurrency (USDT/BTC)InstantFree$1
Bank WireInstant (Exness) + 3-5 days (bank)Free$20

Base Currencies

USD, EUR, GBP, AUD, CAD, ZAR, KES, GHS, VND, CNY, JPY

Exness offers a fast and streamlined account opening process that can be completed in minutes. The broker requires standard KYC documentation including ID verification and proof of address. Exness provides five distinct account types: Standard and Standard Cent for beginners (from $10), and Pro, Raw Spread, and Zero accounts for professional traders ($200 minimum). One of Exness's standout features is unlimited leverage on Standard accounts - available when account equity is below certain thresholds under specific conditions. Demo accounts are free and unlimited, and Islamic swap-free accounts are available upon request.

Account Types

Account TypeMin. DepositKey Features
Standard Account$10
  • Spreads from 1.0 pip
  • No commission
Standard Cent Account$10
  • Spreads from 1.2 pips
  • No commission
Pro Account$200
  • Spreads from 0.6 pips
  • No commission
Raw Spread Account$200
  • Spreads from 0.0 pips
  • Commission $3.50 per lot per side ($7 round turn)
Zero Account$200
  • 0.0 pip spreads on 30 major instruments for 90-95% of trading day
  • Variable commission $0.20-$8.00 per lot per side

Verification Steps

  • Time to open: Minutes online, verification typically same day
  • Demo Account: Yes
  • Islamic Account: Yes
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Exness offers the Exness Trade app, a proprietary mobile application that provides a clean, fast, and feature-rich trading experience. Rated 4.7/5 on iOS and 4.5/5 on Android, the app integrates full trading functionality, account management, instant deposits/withdrawals, and unique features like sentiment analysis and an in-app trading calculator. The app supports biometric login for enhanced security and push notifications for price alerts. Traders can also use the standard MetaTrader 4 and MetaTrader 5 mobile apps for a more traditional trading experience.

App Features

  • Full trading functionality with one-tap execution
  • Instant deposits and withdrawals within the app
  • In-app trading calculator (margin, pip, profit)
  • Market sentiment analysis indicators
  • Real-time streaming quotes and charts
  • Complete account management
  • Economic calendar integration
  • Push notifications for price alerts and execution
  • Multi-account management
  • Biometric login (Face ID/Touch ID/Fingerprint)

Exness provides multiple desktop trading options including the proprietary Exness Terminal (web-based), MetaTrader 4, and MetaTrader 5. The Exness Terminal is a modern web-based platform featuring TradingView charts, fast execution, and a clean interface accessible from any browser. MT4 remains popular for forex trading and EAs, while MT5 offers enhanced features including depth of market and more timeframes. Exness provides free VPS hosting for qualifying traders to enable 24/7 automated trading. The broker also offers Social Trading for copy trading functionality.

Supported Platforms

  • Exness Terminal (Web): Exness's proprietary web-based platform featuring TradingView charts, fast execution, and modern design. Accessible from any browser with no download required.
  • MetaTrader 4 (MT4): Industry-standard forex trading platform with EA support, ideal for automated trading strategies.
  • MetaTrader 5 (MT5): Advanced multi-asset platform with enhanced features for professional traders.
  • Social Trading: Copy trading platform allowing traders to replicate strategies of successful traders.

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Exness offers a comprehensive range of CFD instruments covering forex, cryptocurrencies, commodities, indices, and stock CFDs. With over 100 forex pairs available (significantly above industry average), Exness provides excellent diversification for currency traders. The broker also offers 35+ cryptocurrencies with high leverage (up to 400:1), competitive gold trading conditions, and 70+ stock CFDs. However, stock selection is more limited compared to dedicated stock CFD brokers, and there are no ETFs or bonds available. Leverage options are among the most flexible in the industry, with unlimited leverage available on Standard accounts under certain conditions.

Available Instruments

0
Forex Pairs107
Indices10
Stocks70
Commodities12
Cryptos35

Leverage Limits

InstrumentMax Leverage
ForexUnlimited (conditions apply), up to 1:2000 standard
IndicesUp to 400:1
StocksUp to 20:1
CryptoUp to 400:1

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Frequently Asked Questions

Yes, Exness is a legitimate broker regulated by multiple authorities including CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), CMA (Kenya), and others. The broker publishes monthly financial reports audited by Deloitte, demonstrating exceptional transparency. Client funds are held in segregated accounts with negative balance protection. However, retail traders are typically onboarded to the offshore FSA Seychelles entity.

The minimum deposit for Exness Standard and Standard Cent accounts is just $10. Professional accounts (Pro, Raw Spread, Zero) require a $200 minimum deposit. Some payment methods may have lower minimums depending on your region.

Exness is the industry leader in withdrawal speed. The broker's automated system processes most withdrawals instantly - often within seconds. This includes weekends and holidays. Bank wire withdrawals are processed instantly by Exness but may take additional days for bank processing.

Exness offers unlimited leverage on Standard and Standard Cent accounts under certain conditions. Unlimited leverage is available when account equity is below specific thresholds set by Exness. As equity increases, leverage automatically adjusts downward. Professional accounts offer up to 1:2000 leverage.

Exness does not charge internal withdrawal fees. However, third-party payment providers (banks, e-wallets) may apply their own fees. Most e-wallet withdrawals (Skrill, Neteller, crypto) are completely free.

Exness is not available to residents of the EU, UK, US, Canada, Australia, and several other jurisdictions due to regulatory restrictions. The broker primarily serves clients in Asia, Africa, Middle East, and Latin America. Check Exness website for the full list of restricted countries.

Exness offers the proprietary Exness Terminal (web-based with TradingView charts), MetaTrader 4, MetaTrader 5, and the Exness Trade mobile app. Social Trading is also available for copy trading. Free VPS hosting is provided for qualifying traders.

Yes, Exness offers swap-free (Islamic) accounts upon request. Additionally, Exness provides 'Swap-free Extended' which automatically removes swap charges on most liquid instruments for all traders, regardless of account type.

Spreads vary by account type. Standard accounts have spreads from 1.0 pip on EUR/USD with no commission. Pro accounts offer spreads from 0.6 pips with no commission. Raw Spread accounts have 0.0 pip spreads with $3.50 per lot commission per side. Zero accounts offer 0.0 pip spreads on major pairs with variable commission.

Yes, Exness offers Social Trading which allows users to copy the strategies of successful traders. You can filter strategy providers by performance metrics, set risk management controls, and automatically replicate trades. A minimum investment applies.
David Okonjo

David Okonjo

Price Action • Market Strategy • Global Markets

Author of this review

David is a seasoned market strategist who has led research teams at multiple international brokerage firms. Known for his insightful market commentary, he provides daily analysis and educational content on price action trading.

Chief Market Strategist — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

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