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. Exness takes customer support seriously, offering multilingual assistance 24/7. Traders can easily reach out to their dedicated support team through live chat, email, or phone, ensuring prompt responses to queries or concerns. On the xcritical website, you can also find helpful shortcuts to frequently asked questions to aid you quicker.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Additionally, Exness provides market-analysis tools, educational resources and trading signals to help clients improve their trading skills. The platform also features advanced charting tools, economic calendars and news feeds that assist traders in making informed decisions. In addition to its regulatory licenses, Exness offers negative balance protection and segregated client accounts to enhance its safety. The broker also employs advanced encryption technologies to secure all financial transactions, making it a safe choice for traders looking for a reliable trading environment.
Exness is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency document. I recommend beginners who want to trade with Exness seek in-depth free education from third parties available for free, including trading psychology, before opening an Exness trading account. The Exness Profit Calculator is a useful tool for estimating the potential outcome of a trade before taking a position live in the market. Traders can input details such as the instrument, nominal trade size, and open and close prices to calculate the potential profit or loss for that position.
He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. We’ve found Exness to be a moderately trustworthy broker based on its trust score and regulatory status. According to ForexBrokers.com, Exness has an “Average Risk” trust score, indicating a fair level of reliability. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness offers several types of accounts targeted at different groups of traders, which helps customers choose the one that will better fit their style of trading. The Standard Account is good for beginners, it offers zero-commission trading and tight spreads, enabling users to trade without bothering their heads about additional fees. Experienced traders usually prefer the Pro Account, offering lower spreads with a commission on trades. For those who require the tightest spreads possible, the Raw Spread xcritical cheating Account is ideal for scalping and high-volume traders. Exness also has an Islamic Account that complies with Sharia law for traders who need interest-free trading conditions. Exness is considered a reliable broker, founded in 2008 and regulated by well-known authorities such as the FCA, CySEC, and FSA.
Use our comparison tool to compare two brokers based on their trust rating, costs, features, platforms and many other aspects. More advanced traders may prefer MT4 or MT5, both available at Exness, which allows traders to customise their indicators, has many more chart types, and has algorithmic (or automated) trading. Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official Exness website or contact their customer support.
Traders can program and fill in orders based on the TC Indicator levels directly from their MT4 screen. We were impressed by the large number of Forex pairs available at Exness. View the latest quotes from Exness and Eightcap to compare bid and ask prices across various currency pairs. A nominal currency conversion fee is charged when trading or funding in a currency different from the account’s base currency. Traders on Exness can access major global stock indices such as the US Tech 100 and the S&P 500. Though the number of indices offered is limited, the inclusion of high-profile benchmarks ensures exposure to broad market trends and macroeconomic movements.
In cases where a bank card is used, the transaction is instantaneous, while other methods like Perfect Money can take up to 5 days. Negative balance protection is a feature that Exness offers to all its clients on all of its accounts, no matter if they are standard or pro accounts. Exness will cover all losses that a trader will make and effectively set their balance back to zero.
We tested deposits and withdrawals in INR via a Visa credit card and found that our deposit was processed almost instantly and it took 24 hours for our withdrawal to arrive in our account. One drawback is that the platform does not allow traders to set price alerts and notifications, but these are available on the mobile version. We were pleased to note that TradingView, one of the most popular third-party trading tools on the market, is fully integrated into the platform and provides technical insight and instant pattern recognition.
While most electronic payment methods offer fast withdrawals, it’s important to note that bank card and wire transfer withdrawals may take up to seven business days to complete. Exness strives to process withdrawal requests quickly, with most completed within 24 hours, allowing for seamless access to your funds. Traders using Exness’ MT4 version benefit from fast execution speeds and minimal slippage, ensuring a smooth trading experience. The platform also includes nine timeframes, six pending order types, and over 50 pre-installed technical indicators, providing traders with extensive analytical tools to refine their strategies. Available for Windows, macOS, and Linux, MT4 on Exness remains a go-to choice for forex and CFD traders looking for simplicity and efficiency.