Exness Review: Overview and details about Exness

Exness review will be useful information for traders looking for a reputable exchange. If you are a “new” trader and are starting to learn about trading exchanges in the US but don’t know which one to choose? Exness is a perfect choice for new investors. No need to advertise too loudly, Exness always wins the trust and love of US traders. Let’s Learn Forex Trading and learn more about this exchange through the article Exness Review below. 

Exness Review some basic information about the exchange

For long-time traders, Exness is certainly no stranger. The exchange was founded and developed by Exness Group in 2008. 

Currently, Exness Forex is considered one of the most reputable trading platforms today with a series of licenses issued by major financial institutions in the world. These include FSA, FSCA, FSC, CBCS,… 

The head office is located in the Czech Republic, specifically: No. 1, Siafi Street, Porto Bello Building, Office 401 Limassol City. In addition, Exness also expanded its operations by setting up offices in major countries such as England, Singapore, Malaysia, Curacao,…

>>>See more: Instructions for registering an Exness account

Evaluate whether Exness is a reputable trading platform or not.

Based on the information above, it can be seen that this is a reputable trading exchange, recognized by many international financial agencies and organizations. Specifically:

• Exness (Cy) Ltd is an investment company, currently headquartered in the Republic of Cyprus, licensed and regulated by the Cyprus Securities and Exchange Commission ( CySEX ) under license number 178/12.
• FCA: Financial Services Authority authorized and regulated in the UK under Financial Services Registration number 730729.
• FSCA: Financial Industry Regulatory Authority in South Africa.
• FSC: Financial Services Commission licensed in Mauritius with registration number 176967 and Investment Dealer license number GB2002594.
• FSC: Licensed at BVU with registration number 2032226 and investment business license number SIBA/L/20/1130.
• FSA: Exness is licensed and regulated by the Seychelles Financial Services Authority under license number SD025.
• Exness BV is a securities intermediary company regulated and licensed by the Central Bank of Curacao and Sint Maarten with license number 0003LSI.

Exness review 5 types of trading accounts

There are basically 2 main groups: Standard accounts and professional accounts. In there:

• Standard Account: This account group is designed specifically for new, inexperienced investors. At that time, you will participate in trading with the most standard and competitive conditions. The Standard account group includes 2 types: Standard and Standard Cent
• Professional accounts are suitable for long-term, experienced traders. There are 3 types of professional accounts: Raw Spread, Zero, and Pro. 

Characteristics and trading conditions of each account group can be referred to in the following table:

Trading conditions	Standard account group		Professional account team
	Standard	Standard Cent	Raw Spread	Zero	Pro
Deposit money	From $10	From $10	From 200$	From 200$	From 200$
Spread	From 0.3 pips	From 0.3 pips	From 0.3 pips	From 0.0 pips	From 0.0 pips
Commission	0$	0$	7$	0.4$	0$
Lever	1: ∞	1: ∞	1: ∞	1: ∞	1: ∞
Minimum deflection mass	0.01 lots	0.01 lots	0.01 lots	0.01 lots	0.01 lots
Maximum deflection mass	200 lots (7:00 – 20:59 GMT + 0)/20 lots (21:00 – 6:59 GMT + 0)	200 lots	200 lots (7:00 – 20:59 GMT + 0)/20 lots (21:00 – 6:59 GMT + 0)	200 lots (7:00 – 20:59 GMT + 0)/20 lots (21:00 – 6:59 GMT + 0)	200 lots (7:00 – 20:59 GMT + 0)/20 lots (21:00 – 6:59 GMT + 0)
Maximum number of open orders	∞	1000 orders	∞	∞	∞
Margin Call	60%	60%	30%	30%	30%
Stop out	0%	0%	0%	0%	0%

Exness review details 5 trading platforms 

Currently, Exness is providing 5 trading platforms, including 4 forex trading platforms and 1 copy trading platform. Specifically:

Exness review MT4

MT4, a trading platform developed by MetaQuotes, is extremely familiar to traders around the world. MT4 is simple to use and possesses many outstanding features. Specifically:

• 3 types of price charts with 9 different time frames.
• 4 pending orders.
• 30 technical indicators.
• 23 effective analysis tools.
• Professional EAs advisory system, capable of single-stream strategy backtesting.
• Secure data with a 128-bit key.
• Instant order matching and market order matching capabilities. 
• Can be installed on macOS, Windows, and Linux operating systems.

MT5 – Exness Review

MT5 is an upgraded product from the previous MT4 platform, possessing outstanding features such as:

• 3 price charts with 21 different timeframes. 
• 6 pending orders.
• 38 technical indicators.
• 22 analytical tools.
• 46 different graphic objects. 
• There are EAs advisors.
• There are reciprocal transactions, preserving risks.
• The economic calendar can be followed right on the platform.
• Supports market order matching and instant order matching. 
• Allows users to invest in stocks directly.
• Support level 2 quotes for traders. 
• Can be easily installed on Windows, macOS, and Linux operating systems.

Exness Trader

According to investors, the Exness Trader platform has a friendly interface. You can open an account, view news, make deposits, withdraw money,… on the same application. 

Outstanding features of Exness Trader:

• 3 price charts with 7 time frames.
• 4 indicators.
• Traders will be able to trade all account types that Exness offers. 
• Analyze user trading account performance. 
• Helps traders analyze prices, providing free trading signals on each currency pair. 
• Update economic events.

Exness Terminal

This is an exclusive web trading platform of Exness, which is simple to use without downloading. Main function:

• 7 chart types with 9 timeframes. 
• Provides more than 80 technical indicators and 50 analytical tools.
• 6 types of pending orders. 
• There is a market sentiment indicator. 
• Can be used on Android, Windows, Linux, macOS, and iOS operating systems.

Exness Social Trading

With this platform, investors are allowed to register to follow the accounts of professional traders. When a professional trader places an order, the order is copied on the investor’s account. 

If the order is profitable, you will have to pay the trader a commission according to the original agreement. If the order fails, no commission will be charged. According to reviews of the Forex Exness platform, this platform is very suitable for new investors without experience to learn more. 

>>>See more: Registering Exness broker account on your phone

Exness review advantages and disadvantages of Exness exchange

Below are a few Exness review on the pros and cons that investors should know.

Advantage

Defect

Prestigious, licensed by the world’s leading prestigious financial institutions.  Low transaction costs, suitable for newbies and professional investors. Attractive, unlimited leverage ratio. Diverse different types of trading accounts.  Diverse trading platforms. Exness has a fast order-matching speed. Fast deposit/withdrawal speed, rarely errors.  Opening an Exness account is simple and fast.  Dedicated and professional support team.

Premium trading products are not yet supported. Spreads are often stretched when strong fluctuations occur in the market.

(FAQ) Some frequently asked questions about the Exness trading platform

To better understand the Exness exchange, traders can refer to the frequently asked questions below for more information.

Is Exness a scam?

The answer is NO. Based on the Exness review above, it can be determined that this is one of the most reputable exchanges in the world. You can feel completely secure when making transactions. In addition, you can send any complaints or problems to the Customer Service department to receive the most satisfactory explanation.

Does Exness support the US?

The answer is yes. Currently, Exness is headquartered in Cyprus, has a dense office system in more than 130 countries, and supports 26 different languages, including the US. So, you can easily get acquainted with the exchange and make transactions in a simple way.

Is identity verification required when opening an account at Exness?

Many people worry about identity sharing when opening an account at Exness. In fact, Exness is doing very well in information security with its 128-bit system. In addition, if you make a deposit using Webmoney, PerfectMoney will not need to verify your identity.

For other deposit methods such as Visa/MasterCard card, Skrill e-wallet, and Neteller,… you will need to provide a photo of the front and back of your ID card/ID card, driver’s license, or passport.

Thus, the article shared about the Exness review has compiled the latest information about the exchange. Hopefully, the above sharing and reviews of LearForexTrading will help investors gain more knowledge about financial investment and successfully make profits in the upcoming trading sessions.