71.67% of retail investor accounts lose money when trading CFDs with this provider.

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Exness Review

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Founded in 2008, The Exness Group grew to a monthly trading volume of more than $180 billion, as well as 15,000 new accounts opened each month, in 2014. Today, traders with Exness have access to more than 120 financial instruments to trade across.

Trading platforms available from Exness includes MetaTrader 4, MetaTrader 5, mobile trading platforms and the MT4 WebTerminal. There are also 120 different currency pairs to choose from, as well as free VPS hosting, while traders are offered up-to-date financial news from Dow Jones and a trader's calculator and currency converter.

The Exness Group’s website has been localised into 18 languages, with 24/5 client support available in 13 different languages. Users also have access to leverage, which can considerably lower margin requirements and allows trading strategies to be managed flexibly. They also offer traders the instant withdrawal of funds using a number of electronic payment systems, providing traders with full control of their funds.

Exness (UK) Ltd is authorised and regulated by the Financial Conduct Authority to offer Contracts For Difference (CFDs) in various underlying investments.


  • Segregates client funds
  • Established in 2008
  • Regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF
  • Min. deposit from $1


To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Exness offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 178/12). Exness puts all client funds in a segregated bank account and uses tier-1 banks for this. Exness has been established since 2008, and have a head office in Cyprus.

Before we dive into some of the more detailed aspects of Exness’s spreads, fees, platforms and trading features, you may want to open Exness’s website in a new tab by clicking the button below in order to see the latest information directly from Exness.

Visit Exness

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Exness screenshot Open a demo account

71.67% of retail investor accounts lose money when trading CFDs with this provider.

What are Exness's spreads & fees?

Like most brokers, Exness takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The commisions and spreads displayed below are based on the minimum spreads listed on Exness’s website. The colour bars show how competitive Exness's spreads are in comparison to other popular brokers featured on BrokerNotes.

EUR/USD (Average: 0.7 pips) 1.1 pips 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) 1.2 pips 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) 0.2 pips 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) 0.2 pips 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) 0.3 pips 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) 0.3 pips 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) 0.2 pips 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) 0.3 pips 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Exness’s minimum spread for trading EUR/USD is 1.1 pips - which is relatively high compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Exness vs. similar brokers.

See all Spreads

How much does Exness charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Exness at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $7.49. Here’s a rough breakdown of the fees and how this compares against IG & XTB .

Exness IG XTB
Spread from: $ 1.00 $ 6.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 1.00 $ 6.00 $ 2.00
$5 more $1 more
Visit Exness Visit IG Visit XTB

All fees/prices are for informational purposes and are subject to change.

What can you trade with Exness?

Exness offers over 105 different instruments to trade, including over 103 currency pairs. We’ve summarised all of the different types of instruments offered by Exness below, along with the instruments offered by IG and XTB for comparison.

FX / Currencies Exness IG XTB
# of forex pairs offered 103 90 48
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies* No Yes Yes
Commodity CFDs Exness IG XTB
# of commodities offered 0 34 21
Metals No Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs Exness IG XTB
# of stocks offered 0 8000 1606
UK shares No Yes Yes
US shares No Yes Yes
German shares No Yes Yes
Japanese shares No Yes Yes
See Exness's InstrumentsSee IG's InstrumentsSee XTB's Instruments

What’s the Exness trading experience like?

1) Platforms and apps

Exness is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

Exness Screenshot

Exness also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See Exness's platforms

2) Executing Trades

Exness allows you to execute a minimum trade of 0.01 Lot. This may vary depending on the account you open. Exness allows you to execute a maximum trade of 200 Lot. As Exness offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As a market maker, Exness may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Exness offers its traders below.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller

3) Client support

Exness support a wide range of languages including English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish.

Exness has a BrokerNotes double AA support rating because Exness offer over three languages email and phone support.

4) What you’ll need to open an account with Exness

As Exness is regulated by CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Exness’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Exness you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. *Availability subject to regulation.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.exness.com/ on 01/10/2021.