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Exness Review 2026: Costs, Leverage and Safety Tested

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29,000 trader reviews

CFDs are complicated instruments and have a high risk of losing money swiftly owing to leverage. Trading involves risk. You should examine if you understand how CFDs work and whether you can afford to incur the high risk of losing your money.
Trust Score

78

Min. Deposit

$10

Founded

2008

exness hero image
fazeelz-imtiaz-image

Editorial writer and Marketing Expert Forex/CFD/Crypto

For this 2026 Exness review I worked through the broker’s full platform range: the Exness Terminal web app, the Exness Trade mobile app, and the branded MT4 and MT5 builds. I opened accounts on both sides of the pricing model, spread-only and commission-based, read the client agreement to confirm which entity actually holds the account, counted the indicator libraries on each platform and traced the leverage tiers against what the broker publishes rather than what the marketing pages imply.

If you are a forex and metals trader who cares about cost per round turn and wants to keep your present MetaTrader setup, Exness is your best option. Get full MT4 and MT5 support with no restrictions on Expert Advisors, Raw Spread pricing from 0.0 pips, 0% stop out level and free VPS. Exness’s weaknesses are its product variety (CFDs only, no genuine shares or ETFs), its depth of research (two third-party feeds and nothing in-house) and a regulatory system where the two strongest licenses do not benefit retail clients at all.

Why you can trust us

Led by Fazeel Imtiaz, Director of Online Broker Research, our team opens and funds genuine accounts with every broker we analyze. We verify the client agreement to identify the legal body that owns the account, we tally what the platforms actually deliver rather than what the feature pages say, and we check every license number against the regulator’s own public register.

Scores are weighted and reported. Our business arrangements do not affect anything on this page and we make it clear when a figure is based on the broker’s own disclosures rather than our own evaluation.

Quick verdict

4.1
Editor's Rating

Meridian FX suits traders who want tight, transparent spreads on major pairs and the flexibility of three serious platforms — without giving up multi-jurisdiction regulatory oversight. Newer traders get a genuinely useful academy; active traders get raw-spread accounts and API access. Where it loses points is a fee structure that only truly rewards higher account tiers, and phone support hours that lag its chat and email response times.

What stands out
What stands out

Table of Contents

    Exness pros and cons

    Pros

    Cons

    My top takeaways for Exness in 2026

    • 5 account tiers and the one people miss is Pro. Spreads from 0.1 pips, no commission and quick execution on forex, commodities, energy, stocks and indices.
    • Raw spread round turn costs up to $7 per standard lot. My arithmetic below explains why this does not automatically beat the spread of just the standard account.
    • Leverage isn’t static, it’s stratified by equity. You can get to 1:Unlimited for under $5,000 and after $100,000 the limit reduces to 1:500.
    • The 0% stop out is the most important parameter on the account and it may go both ways. And the trade remains open when equity is positive, so you’re not caught on the way down.
    • Exness keeps its own tick history, so you may do backtesting on the prices recorded by the broker and check its execution claims independently. No one else does that for you.
    • Research is two external feeds, Trading Central and FXStreet, with no in-house desk and no customer sentiment data.

    Score breakdown

    Our nine categories are weighted toward things that compound: safety, cost and platform mechanics. The whole weighting is included in our technique.
    Trading Platform 9 / 10

    Full MT4 and MT5 plus a proprietary terminal with 100+ indicators and 50 drawing tools.

    Fees 9 / 10

    Raw Spread at up to $3.50 per side and Zero from $0.05 per side sit at the cheap end of the market.

    Trust 7 / 10

    Ten entities, eight regulators, 18 years trading, but no retail onboarding through either Tier-1 licence.

    Research 6 / 10

    Trading Central and FXStreet do the job. Nothing here is proprietary.

    Education 5 / 10

    A podcast and a product blog. No structured course, no glossary, no webinar programme.

    Mobile App 8.5 / 10

    TradingView charting, 100+ indicators, price alerts, in-app funding. No Expert Advisors.

    Account Types 9.5 / 10

    Five tiers plus a cent account and swap-free variants covers nearly every trader profile.

    Customer Support 8.5 / 10

    24/7 live chat in 14 languages, reachable from inside the app.

    Execution Speed 8.5 / 10

    Instant execution on Pro, market execution elsewhere, with public tick history to verify against.

    Trust and regulation

    Is Exness safe?

    Trust Score: 78 / 100. Exness is dependable. It has been trading since 2008 – thus will be 18 years old in September 2026 – with over 2,000 people across 13 offices and had a peak of $5.1 trillion in monthly trade volume in April 2024 before it stopped providing monthly data. It is not listed and has no bank.

    There is one reason why the score is 78 and not higher, and that is the most essential element on this site. Exness is licensed under two strong regulators, FCA in the UK and CySEC in Cyprus. Neither caters for retail clients. Both entities only deal with professional clients, through different geographical domains. If you register using the global site, the account opening procedure will re-route you to an offshore entity dependent on where you are located.

    The entity structure, per the broker’s own regulatory disclosures:

    Entity Country Regulator License Who it serves
    Exness (SC) Ltd. Seychelles FSA SD025 Selected non-EEA clients
    Exness B.V. Curaçao CBCS 0003LSI Selected non-EEA clients
    Exness (VG) Ltd. British Virgin Islands FSC SIBA/L/20/1133 Selected non-EEA clients
    Forexite Ltd. Belize FSC 22129 Selected non-EEA clients
    Exness (MU) Ltd. Mauritius FSC GB20025294 No current retail services
    Exness ZA (PTY) Ltd South Africa FSCA 51024 South Africa, via exness.co.za
    Exness (KE) Limited Kenya CMA 162 Kenya, via exness.ke
    Exness Limited Jordan Ltd. Jordan JSC 51905 Jordan, via exness.jo
    Exness (Cy) Ltd Cyprus CySEC 178/12 Professional clients only, via exness.eu
    Exness (UK) Ltd United Kingdom FCA 730729 Professional clients only, via exness.uk

    What that changes for you: under the offshore entities you keep segregated client funds, negative balance protection and the broker’s own Stop Out Protection. What you lose is the statutory safety net. An FCA retail client who loses money to a failed firm can claim on the FSCS. A Seychelles FSA client may not. Anyone saying “Exness is FCA regulated” and stopping there has given a deceptive answer.

    The partial substitution and its bounds. Exness is a member of the Financial Commission, which has a compensation fund of up to €20,000 per client funded by 10% of the monthly fees paid by member brokers. Read the trigger carefully. It pays when a member refuses to honor a judgment that the Commission has already made against it. It does not cover trading losses and it does not apply to a situation where the broker is insolvent across all of its clients. It’s an insurance on a dispute you win, but don’t get paid on, not on your deposit.

    How to check your own entity in thirty seconds: Go to your Personal Area, view legal documents or the client agreement and see the name of the firm in the header of the agreement that you signed. That name determines your leverage cap, your minimum deposit, your recourse. None of them are determined by the license list on the marketing pages.

    Fund and payment security: client money is ring-fenced from company funds, the payment stack is independently audited to PCI DSS, card payments flow through 3D Secure and the broker maintains a public bug bounty program. Over 98% of withdrawals are processed automatically, even on weekends.

    The complaint pattern Briefly: Exness had a TrustScore of 4.7 out of 31,598 reviews at the time of filing, with 89% at five stars and 6% at one star. Within that 6% the themes repeat: withdrawals or commission distributions stopped or delayed after a string of profits, unanticipated account limits, and slow ID verification at busy times. One reviewer said they waited eight days versus “instant withdrawal” claim. I can’t judge a single case and 6% at one star out of 31,000 reviews isn’t a statistical oddity in this sector. What I will say is that the pattern is in the public record, it clusters around verification and profitable withdrawals, and you should complete your KYC before you deposit, not after you want to take money out.

    Trust and company data

    Our review validated that both Tier-1 entities are limited to professional clients, by cross-checking ten legal entities with each of the eight regulators’ public registers.
    Feature Exness
    Year founded 2008
    Publicly traded (listed) No
    Bank No
    Total licensed entities 10
    Tier-1 licences (retail onboarding) 0
    Tier-1 licenses (professional only) 2
    Segregated client funds Yes
    Negative balance protection Yes
    Statutory compensation scheme (retail) No
    External dispute resolution Yes (Financial Commission, up to €20,000)

    Range of investments

    Everything on Exness is a contract for difference. You trade the price, you never own the asset, and that holds for the stocks as much as the crypto.

    Six asset classes are live: forex, metals, energies, indices, stocks and cryptocurrencies. On its own forex page Exness names 28 major and minor pairs, and the full list runs higher once exotics are counted, varying by account tier. The total catalogue sits somewhere between 200 and 250 symbols depending on which account you hold and which platform you load, with MT5 carrying more than the web terminal. Exness publishes no headline total, so treat any round number you read elsewhere with suspicion and count the instrument list inside your own platform before you build a strategy that needs a specific market.

    Stocks and indices: the stock CFD lineup covers global single names including Amazon, NVIDIA and Tesla, trading Monday to Friday from 13:40 to 19:45 server time (GMT+0), with some available pre-market from 10:00. Around ten major indices are available. There is no underlying share ownership and no ETFs.

    Cryptocurrency: crypto CFDs trade 24/7 outside maintenance windows, covering BTC and ETH pairs plus crosses such as BTCXAU, BTCJPY and BTCZAR. Several of those crosses run in close-only mode. Standard accounts pay daily swaps on crypto, and accounts registered in selected Islamic countries are swap-free by default. You never hold the token.

    Leverage: this varies by the entity that holds your account and by your account equity, not by a single published ceiling. Full tiers are in the fees section below. Exness offers 1:Unlimited on eligible accounts, which I would not switch on. The reasoning is in the leverage section, and it is about the 0% stop out rather than the leverage number itself.

    What is missing: real equities, ETFs, bonds, futures, options and agricultural commodities. If you want to hold an actual share, this is the wrong broker.

    Available investment products

    Our review confirmed six asset classes, all traded as CFDs, with 28 major and minor forex pairs named on the broker’s own forex page and a full catalogue in the 200 to 250 range that shifts by account and platform.
    Feature Exness
    Forex trading (CFDs) Yes
    Tradeable symbols (total) ~200 to 250, varies by account and platform
    Forex pairs (majors and minors, per broker) 28
    Real US stocks (shares) No
    Real global stocks (shares) No
    ETFs No
    Stock CFDs Yes
    Index CFDs Yes (~10)
    Commodity and energy CFDs Yes
    Cryptocurrency (underlying) No
    Cryptocurrency (CFDs) Yes
    Copy trading No (discontinued June 2026)

    Fees

    The number moves more than anything else, and so does the tier you choose. The cost is the reason most people join an Exness account. There are five accounts which are either spread-only or raw spread plus commission models.

    Account Spread from Commission Execution Margin call Stop out Min lot
    Standard 0.2 pips None Market 60% 0% 0.01
    Standard Cent 0.2 pips None Market 60% 0% 0.01
    Pro 0.1 pips None Instant (market on crypto) 30% 0% 0.01
    Raw Spread 0.0 pips Up to $3.50 each side per lot Market 30% 0% 0.01
    Zero 0.0 pips From $0.05 each side per lot Market 30% 0% 0.01

    Most new accounts start at Standard. No commission, spreads from 0.2 pips, market execution, margin call 60%. It’s the easiest tier to get your head around and a good place to start at a small size.

    Pro is the tier that gets skipped over, and I think that’s a mistake. The spreads are available at 0.1 pips, there is still no commission and it operates instant execution across forex, commodities, energy, equities and indices. Instant execution means you receive the price you clicked or you get nothing and that matters if you trade tight stops and despise slippage. Crypto is still on market execution.

    Raw Spread & Zero built in volume. Raw Spread charges up to $3.50 per side per lot, thus a round turn on one standard lot costs up to $7 plus the raw spread at that point. Zero cuts the commission floor to $0.05 per side per lot and maintains 0.0 pip spreads on a limited instrument set during trading hours.

    The math involved: One standard lot of EUR/USD on Standard costs you the spread alone. So at 0.8 pips you are paying some $8 for the round turn. On Raw Spread the same trade costs up to $7 in commission plus the raw spread which generally is between 0.0 and 0.3 pips on EUR/USD in liquid hours so anywhere around $7 to $10 all in. On those statistics the two tiers are close enough for Standard to win. The spread opens up on instruments where the marked up spread is wider than the commission. It widens as your size grows since commission scales in a straight line whereas a terrible spread pinches on every entrance and every departure. Before you switch, run your own pairs through the trading calculator for a week.

    Standard Cent doesn’t get enough recognition. The balance and lot sizes are in cents, thus a $10 deposit will appear as 1,000 cents and a 0.01 lot will represent a tenth of the comparable Standard position. It is the cheapest honest way to test a live strategy against real execution instead of a demo feed.

    Minimum deposits are the most inconsistently reported figure attached to this broker, and that is not the reviewers’ fault. Exness publishes no single global number on its account pages, because the threshold moves with your entity, your country and your payment method. The floor is around $10 for Standard and Cent. Professional tiers are commonly quoted between $200 and $1,000. Check the figure inside your own Personal Area at signup and do not trust a number you read anywhere else, this page included, without confirming it.

    Leverage and margin

    Maximum leverage is tiered by account equity rather than fixed at a headline number.

    Account equity Max leverage
    $0 to $4,999.99 1:Unlimited if eligible, otherwise 1:2000
    $5,000 to $29,999.99 1:2000
    $30,000 to $99,999.99 1:1000
    $100,000 and above 1:500

    To unlock 1:Unlimited you need at least 10 closed positions totalling 5 lots or more, and equity under $5,000. It applies to forex majors, minors and precious metals only. Crypto, stocks, indices and exotic pairs carry fixed caps whatever your balance. Clients under the Kenya entity are capped at 1:400. During high-impact news the broker raises margin requirements temporarily across volatile instruments, and your available leverage falls with them.

    Fazeel’s take

    The 0% stop out is the setting that actually matters here, more than the leverage figure everyone quotes. On most brokers a stop out at 20% or 50% force-closes you while there is still equity in the account, and traders hate it. Exness leaves the position open until equity reaches zero. That sounds like a gift and it reads well in marketing copy. In practice it removes the last mechanical brake between a bad trade and an empty account. Run 1:Unlimited on a $200 balance and a 20-pip move against you can take the whole thing, with nothing stepping in on the way down. Negative balance protection stops you owing money. It does not stop you losing all of it.

    Editorial writer and Marketing Expert Forex/CFD/Crypto

    fazeelz-imtiaz-image

    Non-trading fees

    No account opening fee, no account management fee, no inactivity fee. Exness covers third-party transaction costs on withdrawals, though a handful of deposit methods still carry a charge from the payment provider itself. Currency conversion applies at variable rates when your deposit currency differs from your account currency. Swaps apply on overnight positions, with swap-free trading available on major forex pairs, gold and crypto, and accounts registered in selected Islamic countries set to swap-free by default.

    Trading fees and account data

    Our review confirmed commission of up to $3.50 each side per lot on Raw Spread and from $0.05 each side per lot on Zero, taken from the broker’s own professional accounts page, alongside no inactivity fee and no broker-side withdrawal charge.

    Feature Exness
    Minimum deposit From $10, varies by entity and method
    Variable spreads Yes
    Fixed spreads No
    Commission-free account available Yes (Standard, Standard Cent, Pro)
    Raw spread account commission Up to $3.50 each side per lot
    Lowest commission tier From $0.05 each side per lot (Zero)
    Inactivity fee No
    Withdrawal fee (broker side) No
    Islamic (swap-free) account Yes
    Professional account Yes
    Free VPS Yes, conditions apply

    Compared to top competitors

    Three brokers from our roster that a reader weighing this one usually looks at next, each picked for a directly comparable trait: the same offshore-retail reality, the same leverage ceiling, or the same zero entry barrier. What separates them is oversight.

    Side-by-side data

    Overall Rating 4.0/5
    Founded

    2007

    Minimum deposit

    $0

    Spread from

    0.1 pips (Pro) / 0.9 pips (Standard)

    Max leverage

    1:4000 advertised, 1:1000 under $10k equity

    Tier-1 retail oversight

    No, BVI FSC only

    Platforms

    MT4, MT5, proprietary app, Share4you

    Copy trading

    Yes (Share4you)

    Visit Site
    Overall Rating 4.3/5
    Founded

    2014

    Minimum deposit

    $100

    Spread from

    0.0 pips (Raw) / 1.6 pips (Classic)

    Max leverage

    1:1000, varies by entity

    Tier-1 retail oversight

    Yes

    Platforms

    MT4, MT5, TradingView, Tickmill Trader

    Copy trading

    Yes (Tickmill Social Trading)

    Visit Site
    Overall Rating 4.3/5
    Founded

    2010

    Minimum deposit

    $0 to $500, varies by entity

    Spread from

    0.0 pips (ThinkZero) / ~1.0 to 1.2 pips (Standard)

    Max leverage

    1:500 non-EU, 1:30 UK and EU

    Tier-1 retail oversight

    Yes

    Platforms

    MT4, MT5, ThinkTrader, TradingView

    Copy trading

    Yes (ThinkCopy)

    Visit Site

    How to read that table. The broker on the left has the lowest entry barrier, the highest advertised leverage and the thinnest oversight. The two on the right carry genuine Tier-1 retail licences and charge for it in a higher deposit or a lower leverage cap. There is no free option in that row. You are picking which trade-off you can live with, and the right answer changes as your balance grows.

    Mobile trading app

    Two routes exist on mobile and they are not equivalent, so pick before you install. The Exness Trade app is the proprietary one and it is the better experience for anyone not running automation.

    Charting:

    charts run on TradingView with 100+ indicators, 50 drawing tools and 9 timeframes. Nine covers most workflows, though it is fewer than the MetaTrader apps offer, and there are no sub-minute intervals.

    Order management

    the trade ticket is the best thing about this app. You can set take profit and stop loss by price, by pips, by money, or by percentage of account equity. That last option is uncommon and it is how I size risk, because it scales with the account instead of needing recalculation every time the balance moves. One-click trading is available, and price alerts fire as push notifications.

    Funding and support

    you deposit and withdraw inside the app rather than being bounced to a browser, and live chat sits in the app in 14 languages. It needs Android 6.0 or iOS 15.0 and up.

    The limitation

    the Exness Trade app cannot run Expert Advisors. If your strategy is automated you are on the MetaTrader mobile apps instead, and those are a step down on charting. MT5 mobile gives you 21 timeframes but only 30+ indicators and 20+ drawing tools, with FXStreet news built in. You end up choosing between the better ticket and the working robot.

    Available mobile platforms and tools

    Our review confirmed TradingView charting with 100+ indicators and 50 drawing tools, 9 timeframes, in-app funding, and risk entry by price, pips, money or equity percentage. Expert Advisors are not supported on the proprietary app.
    Feature Exness
    Android app Yes
    Apple iOS app Yes
    TradingView charting on mobile Yes
    Mobile charting indicators 100+
    Mobile drawing tools 50
    Mobile timeframes 9
    Price alerts Yes
    Risk entry by equity percentage Yes
    Deposit and withdraw in app Yes
    In-app live chat Yes, 14 languages
    Expert Advisors on proprietary app No

    Trading platforms

    Full MT4 and MT5 support is the single most practical thing Exness offers, and it is what separates it from brokers that lock you into a proprietary platform with no way out. Your expert advisors run unmodified. Your custom indicators load. Your templates and saved layouts come across. If you have spent three years building a setup in MetaTrader, you are not rebuilding it here.

    MetaTrader: MT5 is the better of the two now, carrying more symbols than the web terminal along with stop-limit orders and depth of market. MT4 stays available because a large share of the EA market is still written against it. Both run on desktop, in the browser through MetaTrader WebTerminal, and on mobile. Pricing is bound to your account tier, not to the platform, so your cost is identical across MT4, MT5 and Terminal.

    Exness Terminal charting: the proprietary web platform is more capable than most broker-built terminals. It ships 100+ built-in indicators, 50 drawing tools and 10 default timeframes. It runs in Chrome 92, Edge 92, Firefox 104, Opera 78, Safari 15 on macOS and Safari 16 on iOS or later.

    Order ticket and position management: one-click trading is available, the economic calendar sits inside the interface rather than in a separate tab, and multi-position management lets you close or modify a group of positions instead of working through them one ticket at a time. That last one saves real time when you are running several correlated positions and want out of all of them.

    What Terminal does not do: there is no Expert Advisor support, so algorithmic traders end up back in MetaTrader regardless of how good the web ticket is. Treat Terminal as the discretionary platform and MetaTrader as the automation platform, and the pair works well together.

    Execution model, which is easy to miss: Standard accounts run market execution across the board. Pro accounts run instant execution on forex, metals, energies, stocks and indices, and market execution on crypto. Raw Spread and Zero run market execution. If price certainty matters more to you than fill certainty, that difference is the reason to look at Pro.

    Tick history, and why it matters: Exness publishes its own tick history. You can backtest a strategy against the broker’s recorded pricing instead of a third-party feed, and you can audit its execution claims yourself rather than taking the marketing line on trust. Very few brokers hand you that data, and it is the most underrated feature on the account.

    VPS: free for MetaTrader users, running Windows Server 2019 with 2 CPU cores, 2 GB RAM and 50 GB of disk, sited next to the Exness MT servers. Eligibility conditions apply and are shown in the Personal Area.

    avalible trading plateforms

    Available trading platforms and features

    Our platform walkthrough confirmed 100+ indicators and 50 drawing tools in Terminal, 10 default timeframes, one-click trading, multi-position management and a built-in economic calendar. Terminal has no Expert Advisor support.
    Feature Exness
    Demo account Yes
    Proprietary web platform Yes
    MetaTrader 4 Yes
    MetaTrader 5 Yes
    MetaTrader WebTerminal Yes
    Charting indicators (Terminal) 100+
    Drawing tools (Terminal) 50
    Trade from chart Yes
    Expert Advisors (MetaTrader) Yes, unrestricted
    Expert Advisors (Terminal) No
    Public tick history Yes
    Free VPS Yes, conditions apply
    Retail API No

    Available order types

    Our review confirmed market, limit and stop orders in Terminal’s trade ticket, with stop-limit and depth of market available through MT5.
    Order type Exness
    Market Yes
    Limit Yes
    Stop Yes
    Stop-limit (MT5) Yes
    Depth of market (MT5) Yes
    Guaranteed stop-loss (GSLO) No

    Research

    Research is where the account starts to feel thin. Everything on offer comes from two outside providers and Exness produces nothing of its own.

    Trading Central: this is the most useful piece of the stack. Signals are delivered through the Personal Area and the mobile app, blending technical methods across timeframes, and Trading Central also supplies a technical analysis indicator and a WebTV feed for fundamental commentary. Coverage spans five asset classes. The full Trading Central suite is not included, only the slice Exness licenses.

    News and calendar: FXStreet supplies a live news feed inside the Personal Area and the app. The economic calendar is Exness’s own and it appears on the website, in the app and inside Terminal, which is the right place for it. Having the calendar in the trading interface rather than a separate tab is a small thing that changes how often you actually check it.

    Calculators: the trading calculator and currency converter are practical rather than analytical. They size a position and check margin before you place it, and that is all they need to do.

    What is absent: there is no in-house analyst desk, no client sentiment data showing how the broker’s own book is positioned, no pattern-recognition scanner and no equity research. If your process depends on the broker feeding you trade ideas, you will outgrow this fast. If you run your own analysis and need a clean calendar plus a news feed, it covers you.

    Available research tools images

    Available research tools

    Our review confirmed Trading Central signals across five asset classes, an FXStreet news feed, and a filterable economic calendar. Client sentiment data, pattern scanners and in-house research are not offered.
    Feature Exness
    Economic calendar Yes
    Trading signals (Trading Central) Yes
    Technical analysis indicator (Trading Central) Yes
    Market news feed (FXStreet) Yes
    Trading calculator Yes
    Currency converter Yes
    Public tick history for backtesting Yes
    In-house analyst desk No
    Client sentiment data No
    Pattern recognition scanner No
    Equity or fundamental stock research No

    Education

    Education is the weakest module on the account, and the distance between what the site promotes and what it teaches is wide. Written content: the blog runs four sections covering product, community, integrity and company news. That is a corporate newsroom, not a learning path. There is no structured beginner course, no progression from basics to advanced, no glossary, no live webinar programme and no quizzes or certification. Video and audio: the Born to Trade podcast is the main original content, built around interviews with working traders. It is worth your time if you want perspective rather than instruction, and the people on it have actually traded. Volume is moderate and nothing written supports it. What actually teaches you here: the demo account and the Standard Cent account. One costs nothing and the other costs almost nothing, and both let you learn against live execution instead of a slide deck. If you are starting from zero, learn somewhere else and use Exness for execution.

    Available educational offerings

    Our review confirmed a podcast series and a help centre inside the client portal. Structured courses, quizzes, progress tracking and a glossary are not offered.
    Feature Exness
    Podcast series Yes
    Video content Yes
    Help centre Yes
    Demo account Yes
    Cent account for live micro-testing Yes
    Structured beginner course No
    Live webinars No
    Glossary No
    Quizzes or progress tracking No

    Final thoughts

    Exness has built a real position among forex and metals traders who care about cost per round turn and want their MetaTrader setup left alone. Raw Spread and Zero pricing, unrestricted Expert Advisors, a free VPS, published tick history and a 0% stop out make it hard to beat on mechanics, and the Pro account is better than its reputation.

    It loses ground on three fronts. Product range is CFDs only, at roughly 200 to 250 symbols, with no real shares and no ETFs. Research is two licensed feeds and nothing in-house. And the regulatory structure means your account almost certainly sits offshore with no statutory compensation scheme, however good the FCA licence number looks on the homepage.

    If you already know what you trade, run your own analysis, and want the cheapest realistic execution with MetaTrader intact, Exness earns a place on your shortlist. If you want to own assets, or you need a broker to teach you, look elsewhere.

    “CFDs are complex instruments. You risk losing your capital.”

    Exness star ratings

    Feature Exness
    Overall rating 4.1 / 5
    Trust Score 78 / 100
    Trading Platform 9 / 10
    Fees 9 / 10
    Trust 7 / 10
    Research 6 / 10
    Education 5 / 10
    Mobile App 8.5 / 10
    Account Types 9.5 / 10
    Customer Support 8.5 / 10
    Execution Speed 8.5 / 10

    FAQs

    Yes, through ten legal entities holding licences from eight regulators, including the FCA in the UK, CySEC in Cyprus, the FSCA in South Africa, the FSA in Seychelles and the CMA in Kenya. The detail that matters is that the FCA and CySEC entities serve professional clients only and do not onboard retail traders, so most retail signups are routed to an offshore entity such as Seychelles, Curaçao, BVI or Belize. Those entities carry segregated funds and negative balance protection but no statutory investor compensation scheme. Exness is a Financial Commission member, and that fund covers up to €20,000 per client where a ruling goes unpaid, not where the broker becomes insolvent.

    It starts from around $10 on the Standard and Standard Cent accounts, and the professional tiers, Pro, Raw Spread and Zero, are set higher. Exness publishes no single global figure because the threshold changes with your entity, your country and your payment method. Check the amount shown in your own Personal Area at signup rather than relying on any published number, this page is included.

    Yes, both MT4 and MT5 are fully supported on desktop, in the browser and on mobile, with no restrictions on Expert Advisors or third-party indicators. MT5 carries more symbols than the proprietary web terminal and adds stop-limit orders and depth of market. A free VPS running Windows Server 2019 is available to MetaTrader users, subject to eligibility conditions shown in the Personal Area.

    Up to 1\:Unlimited on eligible accounts, but it is tiered by equity rather than fixed. Accounts under $5,000 can reach 1\:Unlimited with at least 10 closed positions totalling 5 lots or more, and the default otherwise is 1:2000. Above that the ceiling falls to 1:2000 up to $29,999.99, 1:1000 up to $99,999.99, and 1:500 from $100,000, and it applies to forex majors, minors and precious metals only. Clients under the Kenya entity are capped at 1:400.

    Yes, and it runs on the same platforms as a live account, including MT4, MT5 and Exness Terminal. It is the right place to test the trade ticket and your Expert Advisors before you fund anything. If you would rather test against live execution at a small cost, the Standard Cent account denominates balances and lot sizes in cents.

    No. Exness does not accept retail clients resident in the United States, and none of its entities hold the US registration required to offer retail forex or CFD trading there. CFDs are not available to US retail traders from any broker, so this is a market-wide restriction rather than something specific to Exness.

    Our testing

    Why you should trust us

    Fazeel Imtiaz leads broker research at YourForexBroker.com. He has been testing retail trading platforms since 11 YEAR and has opened and funded live accounts with brokers across Asia, Africa and Latin America. His work focuses on execution quality, real cost per round turn, and how a broker’s regulatory structure changes what protection a trader actually holds.

    Every page on this site is written by a named researcher, checked against primary sources by a second person, and edited before it publishes. Our ratings and rankings are our own and are never influenced by our commercial arrangements. Where a figure comes from the broker’s own disclosures rather than our measurement, we say so on the page.

    How we tested

    We open and fund real accounts with every broker we review, then work through each platform the broker offers rather than reading the feature list.

    For this review we tested the Exness Terminal web platform, the Exness Trade mobile app, and the branded MT4 and MT5 builds. We read the client agreement to confirm which legal entity held the account. We checked all ten entity licence numbers against each regulator’s own public register. We counted the indicator and drawing-tool libraries on each platform, traced the equity-based leverage tiers against the broker’s published documentation, and compared commission and spread structures across all five account tiers.

    Where sources disagree, and on this broker they disagree most on minimum deposits, instrument counts and leverage caps, we default to what the broker publishes itself and tell you the figure is disputed rather than picking one silently.

    About the Editorial Team

    fazeelz-imtiaz-image

    Editorial writer and Marketing Expert Forex/CFD/Crypto

    Forex risk disclaimer

    There is a very high degree of risk involved in trading CFDs and margin-based foreign exchange. Leverage works in both directions and can amplify losses as easily as gains. Market volatility, liquidity gaps around news events, and limited regulatory protection under offshore entities can all materially affect the price and liquidity of an instrument. You should not assume that any method, technique or indicator described on this page will be profitable or will avoid losses. Only trade with capital you can afford to lose.