Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated September, 2024

Exness Overall rating

4.7
Ranked 5 out of 943 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
5.0
3
Regulation
3.0
2
Pricing rating
4.8
1
Features
Not rated
1
Customer Support
Not rated
1

Pros

  • Highly rated by users with a 4.6 out of 5 rating
  • Extensive regulatory oversight across multiple jurisdictions
  • Negative balance protection provided
  • High leverage options available
  • High popularity with over 25 million organic monthly visits
  • Well-established broker since 2008

Cons

  • Does not provide financials publicly
  • No deposit compensation scheme
  • Not licensed as a bank
* As of June 14, 2024

We tested Exness using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.

Trustworthiness & Regulation

* As of June 14, 2024

Exness is a regulated broker with oversight from multiple authorities including the MU FSC in Mauritius, the SC FSA in Seychelles, the ZA FSCA in South Africa, and the BVI FSC in the British Virgin Islands. The broker enjoys high user ratings, with a 4.6 out of 5 rating based on 47 user reviews, of which 41 are from verified real trading accounts.

Exness is ranked 4 out of 1102 forex brokers based on user ratings and 5 out of 1102 based on expert ratings. The broker also boasts a popularity rating of 5.0 out of 5, driven by its significant web traffic, ranking 2 out of 1102 for organic traffic with over 25 million monthly visits. Founded in 2008, Exness has established a solid reputation over its 16 years in business.

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Exness (MU) Ltd 3000 : 1
Exness ZA (PTY) Ltd 5000 : 1
Exness (SC) Ltd 5000 : 1
Exness (VG) Ltd 3000 : 1
Exness (KE) Limited 400 : 1
Exness B.V. 3000 : 1

Deposit Insurance

Exness does not provide a deposit compensation scheme, which means investors are not compensated if the financial firm fails. While this might be a concern for some, the broker does ensure that client funds are segregated from its operating capital, providing an extra layer of security.

The lack of deposit insurance is offset by the broker's comprehensive regulatory framework and the negative balance protection it offers, ensuring that clients do not lose more than their initial investment.

Spreads and Costs

* As of June 14, 2024

Exness offers competitive spreads across various asset classes, particularly in Forex. Compared to market-leading brokers, Exness' average spreads are in line or slightly higher in some categories but remain competitive overall.

Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers

Broker - Account Type Crypto Average Forex Average Indices Average Commodities Average
Exness – Standard 22.64 2.22 7.07 0.12
FxPro – Standard - 1.51 2.14 -
IC Markets – Standard 9.10 1.54 1.12 0.10
ThinkMarkets – Standard 16.89 2.06 1.59 0.14
Admirals – Trade - 2.65 - 0.19
Oanda – Standard - 2.43 - -
Forex.com – Standard - 3.05 - -

Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.

Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.

Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.

Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.

Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers

Broker - Account Type BTCUSD ETHUSD EURUSD USDJPY GBPJPY EURGBP AUDNZD CADCHF AUS200 US30 XAUUSD XAGUSD
Exness – Standard 38.87 6.40 1.29 1.87 3.89 1.98 2.63 1.62 6.41 7.74 0.20 0.05
FxPro – Standard - - 0.80 0.87 2.08 0.87 2.34 2.08 2.90 1.38 - -
IC Markets – Standard 15.19 3.00 0.87 1.19 2.16 1.37 2.27 1.38 1.28 0.95 0.17 0.02
ThinkMarkets – Standard 31.92 1.80 1.12 1.32 2.24 1.98 3.67 2.00 1.47 1.71 0.24 0.03
Admirals – Trade - - 0.96 1.53 2.88 1.15 4.17 5.21 3.57 - 0.35 0.03
Oanda – Standard - - 1.46 1.77 3.80 1.36 3.40 2.80 - - - -
Forex.com – Standard - - 1.41 1.71 4.34 1.51 5.23 4.08 - - - -

Swap Rates/Financing Fees

Swap rates are the costs or earnings derived from holding a position overnight. Positive swap rates mean the broker pays you, while negative swap rates cost you money.

Exness has an average swap rate of -6.75, which is relatively higher compared to other industry-leading brokers. This suggests that holding positions overnight might be more expensive with Exness compared to its competitors.

Broker Best Average NZDUSD Swap Short NZDUSD Swap Long USDJPY Swap Short USDJPY Swap Long XAUUSD Swap Short XAUUSD Swap Long
Exness -- -6.75 -0.10 -0.06 -2.77 0.00 0.00 -37.59
FxPro -- -4.03 -0.14 -0.15 -3.33 1.02 19.15 -40.75
IC Markets Best -2.27 -0.10 -0.14 -2.59 1.25 20.78 -32.84
ThinkMarkets -- -2.33 -0.14 -0.14 -2.61 1.08 19.57 -37.37
Admirals -- - - - - - 14.27 -31.59
Oanda -- - 0.00 0.00 -0.15 0.09 - -
Forex.com -- - 0.00 0.00 0.00 0.00 - -

Does Exness Offer Islamic/Swap-free Accounts?

Islamic or swap-free accounts are designed to comply with Sharia law, which prohibits earning interest. These accounts do not incur swap or rollover interest on overnight positions.

Exness offers Islamic accounts for traders who require them. To be eligible, traders must open an account and then apply for the swap-free option. The application process is straightforward, and once approved, the account will not incur any swap charges on overnight positions.

Other Fees

In addition to spreads and swap rates, Exness may charge other fees. These include:

Fee Type Amount
Withdrawal Fee Varies depending on the method, typically no fees
Inactivity Fee No inactivity fees
Deposit Fee No deposit fees (Deposit fees may be applied to specific payment methods to maintain the integrity of Exness' payment processes).

Overall, Exness has a transparent fee structure with minimal non-trading fees, making it a cost-effective choice for traders.

Comparison to other Brokers

* As of June 14, 2024

When comparing Exness to other leading brokers like IC Markets and FxPro, Exness stands out due to its high user ratings, extensive regulatory oversight, and competitive spreads. While Exness may not offer deposit insurance, its negative balance protection and segregation of client funds provide substantial security.

The broker's swap rates are on the higher side compared to some competitors, but its overall cost structure remains competitive. Exness is well-established with significant web traffic, indicating a strong presence in the market.

Its leverage offerings are also among the highest, appealing to traders seeking greater exposure. However, the lack of public financials and deposit compensation scheme may be a consideration for some traders.

Trading Platforms - Mobile, Desktop, Automated

Platform Desktop Mobile Web Automated Trading
MetaTrader 4 Yes Yes Yes Yes (MQL4)
MetaTrader 5 Yes Yes Yes Yes (MQL5)
Exness Terminal - Yes Yes -

Exness offers MetaTrader 4 and MetaTrader 5 platforms, which are known for their robust trading features, advanced charting tools, and automated trading capabilities through MQL4 and MQL5 programming languages. Both platforms are available on desktop, mobile, and web, providing flexibility for traders to access their accounts from any device.

Automated trading is supported, allowing traders to create and use expert advisors (EAs) to automate their trading strategies. The MQL4 and MQL5 languages are relatively easy to learn, with extensive documentation and community support available.

Investors can also trade the markets via Exness Terminal, a web trader app with top-tier features. The Exness Terminal is a secure and streamlined web trader platform for trading over a hundred popular CFDs, with multiple available chart types provided by TradinView, customizable with indicators, drawing tools and more.

What Can you Trade?

Asset Class Number of Instruments
Forex CFD 80
Crypto CFD 15
Stock CFD 70+
Stock Index CFD 9
Commodities CFD 9
ETFs -
Bond CFD -
Futures CFD -

Exness offers a variety of tradable instruments across multiple asset classes, including Forex, Crypto, Stocks, Indices, and Commodities CFDs. The broker provides access to 80 Forex pairs, 15 Crypto CFDs, over 70 Stock CFDs, 9 Stock Index CFDs, and 9 Commodities CFDs.

These instruments are traded as CFDs (Contracts for Difference), which allow traders to speculate on price movements without owning the underlying asset. CFDs offer leverage, which can amplify both gains and losses. To see the individual symbols available for trading, visit the Exness website.

Available Leverage

Exness offers high leverage options, with maximum leverage for retail clients ranging from 1000:1 to 3000:1, depending on the regulatory jurisdiction. For instance, under the SC FSA in Seychelles, the maximum leverage is 3000:1, while under the BVI FSC in the British Virgin Islands, it is 1000:1.

High leverage allows traders to control larger positions with a smaller amount of capital, but it also increases the potential for significant losses.

Prohibited Countries

Exness cannot open client accounts in certain countries due to regulatory restrictions. These prohibited countries include the United States, Canada, and several others. For a complete list of restricted countries, please visit the Exness website or contact their customer support.

Exness Account types

  Standard Standard Cent Raw Spread Zero
Commission-3.5USD Per LotAs Low As 3.5USD Per Lot
Maximum leverage1:Unlimited
Mobile PlatformMT4 Mobile, MT5 Mobile, Proprietary
Trading platformMT4, MT5, WebTraderMT4, MT5MT4, MT5, WebTrader
Spread TypeVariable Spread
Minimum Deposit1-200
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 1:Unlimited
Typical Spread 0.2-1.2
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 MobileProprietary
Spread type Variable Spread
Minimum deposit 1
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard Cent
Maximum leverage 1:Unlimited
Typical Spread 0.2-1.2
Trading platform MT4MT5
Mobile platform MT4 MobileMT5 MobileProprietary
Spread type Variable Spread
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Raw Spread
Commission 3.5USD Per Lot
Maximum leverage 1:Unlimited
Typical Spread 0
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 MobileProprietary
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Zero
Commission As Low As 3.5USD Per Lot
Maximum leverage 1:Unlimited
Typical Spread 0
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 MobileProprietary
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Exness Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
one.exness.link
exness.com
Organic monthly visits 69,379,624 (97%)
Organic traffic rank 1 out of 943 (Forex Brokers)
Paid monthly visits 2,288,800 (3%)
Total monthly visits 71,668,424
Bounce rate 86%
Pages per visit 1.12
Average visit duration 00:00:22.4870000

Exness Profile

Company Name Nymstar Limited
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2008
Headquarters Seychelles
Office Locations Seychelles
Account Currency AUD, CAD, CHF, EUR, GBP, HUF, JPY, SGD, USD, ZAR, HKD, IDR, CNY, MXN, AED, ARS, AZN, BND, BRL, GHS, IRN, JOD, KES, KRW, KZT, MAD, MXN, MYR, NGN, NDZ, OMR, PHP, QAR, RON, SAR, THB, UGX, UAH, BHD, BDT, XOF, EGP, KWD, PKR, UZS, VND, CAC, CHC, EUC, GBC, USC
Support Languages Arabic, Chinese, English, Hindi, Indonesian, Japanese, Korean, Portuguese, Spanish, Thai, Vietnamese, Bengali, Urdu
Funding Methods Bank Wire, Bitcoin, Credit/Debit Card, FasaPay, Neteller, Perfect Money, Skrill, Webmoney, Boleto Bancario, Tether (USDT), Pix
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals
Prohibited Countries Andorra, Afghanistan, Anguilla, Albania, Netherlands Antilles, Antarctica, American Samoa, Austria, Australia, Bosnia and Herzegovina, Barbados, Belgium, Bulgaria, Bermuda, Bahamas, Bouvet Island, Belarus, Canada, Central African Republic, Switzerland, Cuba, Cyprus, Czech Republic, Germany, Denmark, Estonia, Western Sahara, Spain, Finland, Fiji, Falkland Islands (Malvinas), Micronesia, Faroe Islands, France, French Guiana, Gibraltar, Greenland, Guadeloupe, Greece, South Georgia and the South Sandwich Islands, Croatia, Haiti, Hungary, Ireland, Israel, British Indian Ocean Territory, Iraq, Iran, Iceland, Italy, Kiribati, North Korea, Cayman Islands, Liechtenstein, Lithuania, Luxembourg, Latvia, Monaco, Macedonia, Myanmar, Malta, Mauritius, Malaysia, New Caledonia, Norfolk Island, Nicaragua, Netherlands, Norway, New Zealand, French Polynesia, Poland, Pitcairn, Portugal, Palau, Reunion, Romania, Russia, Seychelles, Sudan, Sweden, Singapore, Saint Helena, Slovenia, Svalbard and Jan Mayen, Slovakia, San Marino, Syria, Turks and Caicos Islands, French Southern Territories, Tuvalu, Ukraine, United Kingdom, United States Minor Outlying Islands, United States, Uruguay, Saint Vincent and the Grenadines, Virgin Islands, British, Vanuatu, Wallis and Futuna, Yemen, Mayotte, Palestine, Aland Islands, Saint Pierre and Miquelon, Curacao, Kosovo, Saint Barthelemy, Sint Maarten
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Exness User reviews

4.4
(51 )
Ranked 47 out of 943 (Forex Brokers)
This rating is based on 43 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.

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Exness Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Standard Cent Raw Spread Zero
Forex20.00% Of The Spread20.00% Of The SpreadUp to $100.00 Per LotUp to $100.00 Per Lot
Oil / Energies20.00% Of The Spread-Up to $16.25 Per LotUp to $16.25 Per Lot
Metals20.00% Of The Spread20.00% Of The SpreadUp to $16.25 Per LotUp to $16.25 Per Lot
Shares / Equities-Up to $9.00 Per LotUp to $9.00 Per Lot
Indices20.00% Of The Spread-Up to $2.75 Per LotUp to $2.75 Per Lot
Cryptocurrencies20.00% Of The Spread-Up to $9.00 Per LotUp to $9.00 Per Lot
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard
Forex 20.00% Of The Spread
Oil / Energies 20.00% Of The Spread
Metals 20.00% Of The Spread
Indices 20.00% Of The Spread
Cryptocurrencies 20.00% Of The Spread
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Standard Cent
Forex 20.00% Of The Spread
Metals 20.00% Of The Spread
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Raw Spread
Forex Up to $100.00 Per Lot
Oil / Energies Up to $16.25 Per Lot
Metals Up to $16.25 Per Lot
Shares / Equities Up to $9.00 Per Lot
Indices Up to $2.75 Per Lot
Cryptocurrencies Up to $9.00 Per Lot
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Zero
Forex Up to $100.00 Per Lot
Oil / Energies Up to $16.25 Per Lot
Metals Up to $16.25 Per Lot
Shares / Equities Up to $9.00 Per Lot
Indices Up to $2.75 Per Lot
Cryptocurrencies Up to $9.00 Per Lot
Payment Options
Direct to broker account (Daily)
Cash back is credited directly to your broker account daily.
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

New clients cannot be accepted from these regions: EEA/UK/AU/NZ/MY

* Some exclusions may apply

What are Exness rebates?

Exness rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Exness rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Exness rebates can I earn?

Use our forex rebate calculator to estimate your Exness rebate earnings:

 
You must enter a valid number

Exness Regulation / Money Protection

3.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Exness (MU) Ltd 3000 : 1
Exness ZA (PTY) Ltd 5000 : 1
Exness (SC) Ltd 5000 : 1
Exness (VG) Ltd 3000 : 1
Exness (KE) Limited 400 : 1
Exness B.V. 3000 : 1

Exness Promotions

Exness Symbols

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