A registration form will appear where you must enter your first name, last name, email address, and contact phone number and choose the leverage size and account currency. I was very skeptical to start with Exness, but one of the guy requested me that it is a good platform. I have tired contacting, emailing support team, but all in vein with no response of them. I was happy to get a call from some account manager as a welcome call, but when I contacted him for this deposit issue, he never turned back.
You are able to download past buy and sell prices of an asset in Zip format over a specific time period. Users are presented with a virtual amount of USD 10,000, which they can trade as they please. Once they are comfortable using the platform and/or have developed their strategy, they can switch to a live account.
Exness Deposit Methods
The MetaTrader 5 trading platform unlike MetaTrader 4, enables share trading so it is a better choice if you wish to access the entire suite of trading products Exness offers. In fact, MetaTrader 5, is an upgrade on MetaTrader 4 meaning it is superior in every way. If you wish to know, see our deep dive for the differences between MetaTrader exness broker reviews 4 vs MetaTrader 5 to help you decide. Exness offers mobile trading apps, as well as MT4 and MT5 for both Android and iOS devices. These apps grant traders the flexibility to access their accounts, execute trades, and monitor market developments while on the move. Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables.
Before you do, read our Exness review and find out more about the broker’s pros, cons, how to trade, product offerings and more. Exness offers a dedicated Social Trading app that allows clients, especially beginners, to benefit from the experience of others. The platform enables users to browse through a list of successful traders (known as “Strategy Providers”), view their historical performance, and automatically copy their trades.
Are there any non-trading fees with Exness?
While Exness may not offer a proprietary trading platform, its use of MetaTrader 4 and MetaTrader 5 provides traders with powerful tools for analysis and trade execution. The addition of copy trading and a comprehensive support system ensures that traders can continue to grow and succeed. The ease of account registration, variety of account types and accessible deposit and withdrawal methods further enhance the user experience.
- Raw and Exness zero spread accounts may charge commissions while there is no commission for the pro account.
- Exness received numerous awards for various aspects of its competitive trading products and services.
- Exness equips traders with a comprehensive suite of market analysis tools, blending real-time trading signals, in-depth research insights, and proprietary analysis platforms to support informed decision-making.
What is the minimum deposit for Exness?
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Exness Trading Hours (GMT +
Exness’s commission structure is clear-cut depending on account kind, Standard Spread Basis accounts add no commissions, and Professional Accounts commissions vary based on conditions. The Pro account has no trading commission and is suitable for Professional Traders; the Raw Spread account charges $7 for round trade and features Interbank raw spreads alikeke. The third Professional account at Exness known as Zero account offering Zero spread for top 30 instruments and a commission from $0.05 each side per lot. On the negative side, there are some limitations in product offering with trading instruments only based on Forex and CFDs, also there are no multi-currency accounts while the proposal is different in each jurisdiction. Also, changes in regulations and Broker licenses enlarge changes and differences traders may see on trading accounts, that’s why it is better to verify whether this is suitable for you. While now retail traders mainly operate via SA licenses and international branches.
You can download the apps from google play or the app store for your android and iOS devices. Which ultimately gives you the opportunity to trade from anywhere in the world, even when you are on vacation. Having the platform in your handheld devices is like, you have the forex currencies in your pocket. The web terminal is built on HTML5, which gives you the fast-trading execution, while the data transferred is encrypted. However, Exness broker provides its service to retail clients via the subsidiary company named Nymstar Limited. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
- As far as deposit, withdrawal, and inactivity fees are concerned, Exness doesn’t charge for any of these.
- These may be limited to only certain jurisdictions or countries, specific account types, etc.
- Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst.
It also allows flexible leverage and has ultra-competitive trading fees, including swap-free trading. Exness automatically opens an MT5 standard demo account upon registration, and traders can open up to 100 MT4 and 100 MT5 demo accounts from their Exness Personal Area. They are entirely customizable, and traders can manage multiple accounts via the back office. Exness will archive MT4 demo accounts after 180 days of inactivity and MT5 accounts after 21 days (for some servers it can be 14 days). I like that Exness understands the requirements of demo usage for advanced and algorithmic trades by offering customization and unlimited access. The Exness Pro account is commission-free while the Zero and Raw Spread accounts include commission but have very low spreads down to 0 pips.
How fast is order execution with Exness?
The broker’s spreads are highly competitive, particularly for major currency pairs like EUR/USD. Exness’s spreads are dynamic, which means they can vary depending on market conditions, but they generally remain within a tight range, making it a preferred choice for many traders. The Zero Account offers zero spreads on 30 major forex pairs for up to 95% of the trading day, with a commission per trade. It is suitable for traders looking to capitalize on extremely tight pricing without worrying about spread costs, particularly during periods of high market volatility.
Additionally, automated trading and Expert Advisors (EAs) are fully supported, making the platform ideal for traders who rely on algorithmic strategies. Its intuitive layout and customizable interface make it a strong choice for those who require a comprehensive and advanced trading solution. The MT5 platform is available on Windows, macOS, and Linux, ensuring accessibility across various operating systems. Beyond its core trading services, Exness places a significant focus on flexibility and innovation. The broker provides traders with tailored experiences, offering a wide range of financial products, including forex pairs and CFDs on various assets. Exness broker provides different forex trading platform for investors to buy and sell currencies.
Is Exness a good broker for beginners?
Furthermore, traders can access instrument-specific insights, enabling them to make well-informed decisions based on the unique characteristics of each asset. Both MT4 and MT5 platforms offer advanced charting tools, customizable technical indicators, and an intuitive user interface. Traders can leverage these platforms for manual trading, algorithmic trading, and even copy trading through various plugins and features. However, traders should be mindful of fees set by their payment providers. Exness operates as a regulated broker, ensuring a safe trading environment.
With a wide range of trading instruments, including forex, commodities, indices and cryptocurrencies, traders have ample opportunities to diversify their portfolios. The platform’s low spreads, competitive leverage options and fast execution times make it an attractive choice for active traders looking to optimise their strategies. The broker offers user-friendly trading platforms, comprehensive educational resources, and a supportive customer service team, which can be valuable for those who are new to the market. Exness also provides a low minimum deposit requirement, allowing beginners to start with smaller trading capital. Moreover, the broker’s commitment to transparency and regulation instills confidence in beginners, providing a secure and reliable trading environment. Based on our extensive research and methodology, our expert team has rated Exness an impressive 9.1 out of 10.