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Exness Review

4.5/5 - (10 votes)

Exness review

 

Overall, Exness can be summarised as a dependable, highly regulated Forex Broker with competitive trading fees. Exness values security and is an excellent choice for Emirati traders. Exness has a trust score of 97 out of 99.

 

🔑Order Execution4/5
💵Commissions and Fees4/5
📈Range of Markets2/5
📊Variety of Markets4/5
⏰Withdrawal Speed5/5
👥Customer Support5/5
🖥️Trading Platform4/5
🎓Education4/5
📖Research4/5
🖋️Regulation4/5
📱Mobile Trading4/5
💯Trust Score97%

 

Exness Review

 

Exness Review – Analysis of Brokers’ Main Features

 

  1. ☑️ Exness Overview
  2. ☑️ Exness Detailed Summary
  3. ☑️ Exness Advantages Over Competitors
  4. ☑️ Who will Benefit from Trading with Exness?
  5. ☑️ Exness Safety and Security
  6. ☑️ Exness Affiliate Program Features
  7. ☑️ Exness Minimum Deposit
  8. ☑️ Exness Account Types and Features
  9. ☑️ Exness Base Account Currencies and Basic Order Types
  10. ☑️ How to Open and Close an Exness Account
  11. ☑️ Social Trading with Exness
  12. ☑️ Exness Trading Platforms
  13. ☑️ Which Markets Can You Trade with Exness?
  14. ☑️ Exness Fees, Spreads, and Commissions
  15. ☑️ Exness Deposits and Withdrawals
  16. ☑️ Exness Education and Research
  17. ☑️ Exness Customer Support
  18. ☑️ Exness VPS Review
  19. ☑️ Exness Cashback Rebates Features and Conditions
  20. ☑️ Exness Web Traffic Report
  21. ☑️ Exness’ Geographic Reach and Limitations
  22. ☑️ Best Countries by Traders
  23. ☑️ Exness vs JustMarkets vs RoboForex – A Comparison
  24. ☑️ Exness Alternatives
  25. ☑️ Exness Awards and Recognition
  26. ☑️ Our Experience with Exness
  27. ☑️ Recommendations according to our in-depth review of Exness
  28. ☑️ Exness Customer Reviews
  29. ☑️ Pros and Cons of Trading with Exness
  30. ☑️ In Conclusion
  31. ☑️ Frequently Asked Questions

 

Exness Review - Analysis of Brokers' Main Features

 

Exness Overview

 

Exness is a Cyprus-based forex and CFD broker founded in 2008 and provides a dependable trading platform for traders in the UAE and worldwide. With over 625,000 clients and multiple awards, the broker has earned a reputation for dependability and adherence to local regulatory standards.

Furthermore, Exness provides several trading accounts tailored to different levels of trading proficiency and risk appetite, making it suitable for a wide range of traders.

The broker offers approximately 100 forex pairs with tight spreads beginning at 0.1 pip. Traders can select from the advanced MT4 and MT5 platforms, including a comprehensive suite of forex analysis tools.

Exness, in addition to forex, allows you to speculate on various popular stocks and provides real-time market analysis and live news streams.

Exness places a high value on security, as evidenced by its compliance with the Payment Card Industry Data Security Standard (PCI DSS). The broker also stands out for its commitment to instant withdrawals 24 hours a day, seven days a week, including weekends, with no manual processing.

This feature is especially useful for traders who need quick and easy access to their funds. Overall, Exness provides a stable and secure trading environment and a diverse range of products and services, making it an excellent choice for Emirati traders.

 

Exness Overview

 

Exness Detailed Summary

 

🔑Broker🥇Exness
🏠HeadquarteredCyprus
🌎Global OfficesSouth Africa, Cyprus, United Kingdom, Seychelles, Kenya
📌Local Market Regulators in DubaiDubai Financial Services Authority (DFSA)
📍Foreign Direct Investment in Dubai23 billion USD (2022)
💱Foreign Exchange Reserves in Dubai158 billion USD (July 2024)
🌐Local office in DubaiNone
👤Governor of SEC in DubaiKhaled Mohamed Balama is the Governor of the Central Bank of the UAE
📈Accepts Dubai Traders✅Yes
🚩Year Founded2008
☎️Dubai Office Contact NumberNone
💻Social Media PlatformsFacebook
X
Instagram
LinkedIn
YouTube
🚨RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA
🥇Tier-1 LicensesFinancial Conduct Authority (FCA)
🥈Tier-2 LicensesCyprus Securities and Exchange Commission (CySEC)
Financial Sector Conduct Authority (FSCA)
Capital Markets Authority (CMA)
🥉Tier-3 LicensesFinancial Services Authority (FSA) Seychelles
Financial Services Commission of the British Virgin Islands (FSC BVI)
Financial Services Commission (FSC) Mauritius
Central Bank of Curaçao and Sint Maarten (CBCS)
🔢License NumberSeychelles – SD025
Curaçao – 0003LSI
British Virgin Islands – SIBA/L/20/1133
Mauritius – GB20025294
South Africa – FSP 51024
Cyprus – 178/12
United Kingdom – 730729
Kenya – 162 (Tadenex Limited)
🖋️DFSA RegulationNone
🌎Regional RestrictionsUSA, American Samoa, Baker Island, Guam, Howland Island, Kingman Reef, Marshall Islands, Northern Mariana Islands, Puerto Rico, Midway Islands, Wake Island, Palmyra Atoll, Jarvis Island, Johnston Atoll, Navassa Island, Martinique, US Virgin Islands, and the United States Minor Outlying Islands, Canada, Curaçao, Cuba, Sint Maarten, Falkland Islands, Uruguay, Australia, New Zealand, Vanuatu, North Korea, Malaysia, Singapore, Aland Islands, Andorra, Austria, Belarus, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Italy, Ireland, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Norway, Netherlands, Poland, Portugal, Romania, Russia, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Vatican City, Seychelles, Sudan, South Sudan, Réunion, Iraq, Iran, Israel, Syria, Yemen, Palestinian Territory
☪️Islamic Account✅Yes
🆓Demo Account✅Yes
✴️Non-expiring DemoNone
⏰Demo Duration21-days
📈Retail Investor Accounts5
📉PAMM AccountsNone
💧Liquidity ProvidersADS Securities, FXCM PRO, and others
👥Affiliate Program✅Yes
✏️Order ExecutionMarket
📒OCO OrdersNone
▶️One-Click Trading✅Yes
➡️Scalping✅Yes
💹Hedging✅Yes
👤Expert Advisors✅Yes
🗞️News Trading✅Yes
✳️Trading APINone
📊Starting spread0.0 pips EUR/USD
💰Minimum Commission per TradeFrom $0.1 per side, per lot
🔢Decimal Pricing5th decimal pricing after the comma
🔊Margin Call60%
⛔Stop-Out0%
⬇️Minimum Trade Size0.01 lots
⬆️Maximum Trade SizeUnlimited
🪙Crypto trading offered✅Yes
🔎Offers an AED AccountNone
🎖️Dedicated Dubai Account ManagerNone
📌Maximum LeverageUnlimited
🗝️Leverage Restrictions for DubaiYes, according to the account balance
💴Minimum Deposit (AED)37 AED ($10)
💵Deposit CurrenciesAll
💶AED Deposits Allowed✅Yes
💷Account Base CurrencyAED, AUD, ARS, AZN, BDT, BHD, BND, BRL, BYR, CAD, CHF, CLP, CNY, COP, CZK, DKK, DZD, EUR, GEL, GBP, GHS, HKD, HUF, IDR, ILS, INR, JOD, JPY, KES, KRW, KWD, KZT, LBP, LKR, MAD, MXN, MYR, NGN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUR, SAR, SEK, SGD, SYP, THB, TND, TRY, TWD, UGX, USD, UAH, UZS, VND and ZAR
💹Active Dubai Trader Stats49,000+
👥Active Dubai-based Exness customersUnknown
🔃Dubai Daily Forex Turnover13.1 billion USD
💳Deposit and Withdrawal OptionsBinancePay
Bitcoin
Debit Card
Credit Card
Internet Banking
Skrill
Neteller
Perfect Money
SticPay
USD Coin (ERC20)
USD Coin (TRC20)
Tether (USDT ERC20)
Tether (USDT TRC20)
WebMoney
Mybux
Ozow
SnapScan
⏰Minimum Withdrawal TimeInstant
⏱️Maximum Estimated Withdrawal TimeUp to 72 hours
🛎️Instant Deposits and Instant Withdrawals✅Yes
🏷️Segregated Accounts with Emirati BanksNo
📈Trading PlatformsMetaTrader 4
MetaTrader 5
Exness Terminal
Exness Trader app
⌛Trading Platform TimeUTC (Coordinated Universal Time)
👁️Observe DST Change✅Yes
🌐DST Change Time zoneUTC
💎Tradable AssetsForex
Metals
Crypto
Energies
Indices
Stocks
💵Offers USD/AED currency pairNone
⌚USD/AED Average SpreadNone
📉Offers Emirati Stocks and CFDsNone
🫶Languages supported on the WebsiteEnglish, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi
🔊Customer Support LanguagesMultilingual
🤝Copy Trading Support✅Yes
⏲️Customer Service Hours24/7
👥Dubai-based customer supportNone
💰Bonuses and Promotions for Dubai TradersNone
🎓Education for Emirati beginners✅Yes
💻Proprietary trading software✅Yes
🏆Most Successful Trader in DubaiUnknown
🔒Is Exness a safe broker for Dubai Traders✅Yes
🏅Rating for Exness Dubai8/10
💯Trust score for Exness Dubai97%

 

Exness Detailed Summary

 

Exness Advantages Over Competitors

 

Exness has the following advantages over competitors:

 

  • Exness provides a variety of educational materials and resources that benefit novice and experienced traders looking to improve their trading skills.
  • ✅Exness provides customer support in multiple languages due to its global client base.
  • ✅Exness complies with all local and international regulatory standards, including the Payment Card Industry Data Security Standard (PCI DSS).
  • ✅With around 100 forex pairs available, traders have a broader range of options than many competitors who may offer a more limited selection.
  • ✅Exness offers MT4 and MT5, two of the most advanced trading platforms, including a comprehensive suite of analysis tools.
  • ✅Exness provides a variety of trading account types to cater to traders with varying levels of experience and risk tolerance. Other brokers do not always provide this level of flexibility.
  • ✅With spreads as low as 0.0 pips, Exness offers some of the industry’s most competitive rates.
  • ✅Exness was founded in 2008 and has over a decade of experience in the forex and CFD trading industries.
  • ✅The broker has received several awards, enhancing its reputation as a dependable, high-quality service provider.

 

 

and many more!

 

Exness Advantages Over Competitors

 

Who will Benefit from Trading with Exness?

 

  • Emirati traders who use automated trading systems will benefit from Exness’ free VPS service. This service provides low-latency, 24/5 market access without personal computers, making it an excellent choice for algorithmic traders.
  • ✅Exness offers 24-hour, multilingual customer service, which is especially useful for new traders navigating the platform and trading processes.
  • Exness is an excellent choice for Emirati traders interested in cryptocurrency trading, with 34 cryptocurrency pairs available. The broker’s diverse range of cryptocurrency pairs enables traders to gain access to the growing digital asset market.
  • ✅Emirati forex traders will benefit from Exness’ extensive range of 107 currency pairs, allowing them to align their strategies with the most appropriate pairs.
  • ✅Exness provides low and consistent spreads, as well as unlimited leverage. Exness is an excellent choice for forex traders in the United Arab Emirates because of its diversity and favorable trading conditions.
  • ✅Exness offers a wide range of trading accounts with varying commission structures for novices and professionals.
  • ✅Due to its competitive trading costs, low commissions, and tight spreads, Exness is an excellent choice for short-term traders, including scalpers. The broker’s trading execution model is critical to scalpers’ success, and Exness has been named one of the best brokers for scalping.
  • ✅Emirati traders who use high-leverage strategies will benefit from Exness’ range of high-leverage options, which range from 1:2 to unlimited depending on jurisdiction and asset.

 

 

What makes Exness competitive in terms of trading conditions?

Exness provides competitive trading conditions, including tight spreads as low as 0.0 pips.

 

Does Exness offer free training and resources?

Yes, Exness offers free training and resources to help traders improve their skills.

 

 

Who will Benefit from Trading with Exness

 

Exness Safety and Security

 

Exness Regulation in Dubai

 

Exness is not currently regulated by the Dubai Financial Services Authority (DFSA). However, Exness global regulations are listed in the table below:

 

🔑Registered Entity🌎Country of Registration📌Registration Number📍Regulatory Entity📈Tier🔢License Number/Ref
1️⃣Nymstar LimitedSeychelles8423606-1FSA3SD025
2️⃣Exness B.V.Saint Maarten148698(0)CBCS30003LSI
3️⃣Exness VG LimitedBritish Virgin Islands2032226FSC BVI3SIBA/L/20/1133
4️⃣Tortelo LimitedMauritius176967FSC3GB20025294
5️⃣Vlerizo (Pty) LtdSouth Africa51024FSCA2FSP 51024
6️⃣Exness (CY) LtdCyprusHE 293057CySEC2178/12
7️⃣Exness (UK) LtdUnited Kingdom0886148FCA1FSR 730729
8️⃣Tadenex LimitedKenya-CMA2162

 

Exness Protection of Client Funds

 

🔑Security MeasureInformation
📈Segregated Accounts✅Yes
🗂️Compensation Fund Member✅Yes, Financial Commission
💶Compensation Amount€20,000 per client
📝SSL Certificate✅Yes
⏩2FA (Where Applicable)✅Yes, Exness App
🔒Privacy Policy in Place✅Yes
⚠️Risk Warning Provided✅Yes
📈Negative Balance Protection✅Yes
⛔Guaranteed Stop-Loss Orders✅Yes, above 1.2 pips

 

Security while Trading

 

Exness places a high value on the safety and privacy of its clients’ trading activities. The broker complies fully with the Payment Card Industry Data Security Standard (PCI DSS), which establishes stringent requirements for protecting sensitive financial information.

This compliance ensures that all transactions, including deposits and withdrawals, are secure and not accessible to unauthorized individuals. Exness also uses advanced encryption technologies to secure data transmission between the trader’s device and the trading platform.

Overall, Exness offers a stable and secure trading environment, giving traders peace of mind as they execute trades.

 

Pros and Cons Regulation and Safety of Funds

 

✅Pros❎Cons
Exness provides Guaranteed Stop-Loss Orders (GSLO)The DFSA does not regulate Exness
There is a secure and transparent trading environmentExness is only regulated by one Tier-1 entity

 

 

Does Exness comply with PCI DSS standards?

Yes, to ensure client security, Exness adheres to the Payment Card Industry Data Security Standard (PCI DSS).

 

How does Exness protect my funds?

To keep client funds separate from the company’s operational funds, Exness employs segregated accounts.

 

 

Pros and Cons Regulation and Safety of Funds

 

Exness Affiliate Program Features

 

The Exness Affiliate program is designed to bring new forex traders to the platform. Exness clients can participate in the program by sharing a registration link on their website or social media.

Affiliates are eligible for a commission for each new client successfully referred to Exness. This commission structure is tier-based, with higher commissions awarded to affiliates who refer more customers.

The program includes various marketing materials and advanced tools to help affiliates promote Exness and attract new customers.

In terms of benefits, the Exness Affiliate program provides its participants with a consistent and reliable source of income. Affiliates can earn commissions for each new client they refer to Exness, and the number of clients they can refer is unlimited.

Furthermore, the program provides various benefits, such as access to marketing materials, advanced tools, and connecting with a large trading community. Affiliates can use the Exness Affiliate dashboard to monitor their performance and track their earnings easily.

 

 

What is the commission structure for Exness affiliates?

Exness offers up to $1850 depending on the country, platform, and size of the deposit made by your referral.

 

Are there different types of Exness partnerships offered?

Yes, the Exness Affiliate Program accepts payment via CPA (Cost Per Action) and CPL (Cost Per Lead).

 

 

How to open an Affiliate Account with Exness

 

To register an Affiliate Account, Emirati traders can follow these steps:

 

  • ✅Search for “Exness Affiliates” in your web browser to reach the Exness Affiliates website.
  • ✅To begin registration, go to the Exness Affiliates homepage and click the “Join Now” button.
  • ✅Fill in your personal information, such as name, email address, and country of residence.
  • ✅Select your preferred payment method from the list of options, which may include bank transfers, e-wallets, and other payment methods.
  • ✅Examine and accept the Exness Affiliates program’s terms and conditions by checking the appropriate box.
  • ✅To create your Exness Affiliates account, submit your application by clicking the “Submit” or “Register” button.

 

 

Finally, once your application has been approved, you can start promoting Exness and earning commissions by directing traffic to the Exness website and encouraging clients to sign up. You can place your affiliate link on various web platforms and earn commissions based on the trading activities of your referred clients.

 

 

Can I open an Exness affiliate account if I already have a trading account with Exness?

Yes, even if you already have an Exness trading account, you can open an Exness affiliate account. The affiliate account is distinct from your trading account and allows you to earn money by referring customers to Exness.

 

What are the benefits of becoming an Exness partner?

You can earn up to 40% revenue share and up to $1850 for each client you refer through the Affiliate Program.

 

 

How to open an Affiliate Account with Exness

 

Exness Minimum Deposit

 

🔑Live Account💵Minimum Dep.
🥇Standard37 AED / $10
🥈Standard Cent37 AED / $10
🥉Raw Spread1,800 AED / $500
🎖️Zero1,800 AED / $500
🏆Pro1,800 AED / $500

 

 

Is there a different minimum deposit for professional accounts?

Yes, a minimum first-time deposit of $500 is required for professional accounts.

 

Are there any commissions on deposits?

No, Exness does not charge any deposit commissions.

 

 

Exness Minimum Deposit

 

Exness Account Types and Features

 

🔑Live Account💴Minimum Dep.⏰Average Spread💰Commissions💵Average Trading Cost
🥇Standard$100.3 pipsNone10 USD
🥇Standard Cent$100.3 pipsNone10 USD
🥉Raw Spread$5000.0 pips$3.57 USD
🎖️Zero$5000.0 pips$0.17 USD
🏆Pro$5000.1 pipsNone6 USD

 

Exness Standard Account

 

Exness’ Standard Account is perfect for traders who prefer a simple, commission-free trading experience. This fundamental account accommodates various types of traders, with spreads being marked up instead of charged through commissions.

 

🔑Account Feature💴Value
💵Minimum Deposit Requirement37 AED / $10
📈SpreadsVariable, from 0.3 pips
➡️Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, KES, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💰Commission ChargesNone
📉Maximum leverage offeredUnlimited leverage
🖇️Instruments AvailableForex major pairs
Minor currency pairs
Exotic Forex pairs
Energies
Cryptocurrencies
Stocks
Indices
⬇️Minimum lot size0.01 lots
⬆️Maximum Lot Size200 lots from 7 am to 8h59 pm (GMT +0)
20 lots from 9 pm to 6h59 am (GMT +0)
💹Maximum positionsUnlimited
📊Hedged margin (%)0
🔎Margin Call (%)60
⛔Stop-out Level (%)0
📒Order ExecutionMarket Execution
☪️Islamic Account✅Yes

 

Standard Account

 

Exness Standard Cent Account

 

The Exness Standard Cent Account caters to new traders who have limited funds at their disposal. It has a low starting point of only 1,800 AED ($10), meaning beginners can begin trading immediately.

Similarly, the Standard Cent MT4 account offers lesser minimum transaction size options for those looking to experiment with various trading strategies without making hefty initial investments.

Most importantly, this type of account provides infinite leverage opportunities so traders are not restricted by limitations while leveraging trades based on their preferences and requirements.

 

🔑Account Feature💵Value
💳Minimum Deposit Requirement37 AED / $10
📈SpreadsVariable, from 0.3 pips
📉Account Base CurrencyUSC, EUC, GBC, CHC, AUC, CAC
💰Commission ChargesNone
📊Maximum leverage offeredUnlimited leverage
💹Instruments AvailableForex
Metals
⬇️Minimum lot size0.01 lot
⬆️Maximum Lot Size200 lots from 7 am to 8h59 pm (GMT +0)
20 lots from 9 pm to 6h59 am (GMT +0)
💷Maximum positions1000
🔎Hedged margin (%)0
📌Margin Call (%)60
📌Stop-out Level (%)0
📌Order ExecutionMarket Execution
☪️Islamic Account✅Yes

 

Exness Standard Cent Account

 

Exness Raw Spread Account

 

Traders concentrating on scalping, day trading, or algorithmic trading can benefit from the Competitive Spreads Account which is custom-made to fulfill their requirements.

This account guarantees competitive and narrow spreads that permit traders to carry out their tactics effectively while taking advantage of short-term market openings.

 

🔑Account Feature💷Value
📈Minimum Deposit Requirement1,800 AED / $500
📉SpreadsVariable, from 0.0 pips
💵Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR,NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💰Commission ChargesUp to $3.5 per side, per lot
💹Maximum leverage offeredUnlimited leverage
📊Instruments AvailableForex
Metals
Cryptocurrencies
Energies
Stocks
Indices
⬇️Minimum lot size0.01 lot
⬆️Maximum Lot Size200 lots from 7 am to 8h59 pm (GMT +0)
20 lots from 9 pm to 6h59 am (GMT +0)
📌Maximum positionsUnlimited
🗂️Hedged margin (%)0
🖋️Margin Call (%)30
⛔Stop-out Level (%)0
🏷️Order ExecutionMarket Execution
☪️Islamic Account✅Yes

 

Exness Raw Spread Account

 

Exness Zero Account

 

The Exness Zero Account boasts a requote-free environment, which adds to its trading dependability. It distinguishes itself from other brokers’ comparable accounts with exceedingly reasonable fees and highly competitive spreads.

Traders who place great importance on narrow spreads and negligible slippage will benefit greatly from the profitable trade conditions furnished by the Zero Account.

 

🔑Account Feature💶Value
💳Minimum Deposit Requirement1,800 AED / $500
📊SpreadsVariable, from 0.0 pips
📈Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR,NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💰Commission ChargesFrom $0.1 per side, per lot
📌Maximum leverage offeredUnlimited leverage
🗂️Instruments AvailableForex
Metals
Cryptocurrencies
Energies
Stocks
Indices
⬇️Minimum lot size0.01 lot
⬆️Maximum Lot Size200 lots from 7 am to 8h59 pm (GMT +0)
20 lots from 9 pm to 6h59 am (GMT +0)
📍Maximum positionsUnlimited
📉Hedged margin (%)0
🖋️Margin Call (%)30
⛔Stop-out Level (%)0
🔎Order ExecutionMarket Execution
☪️Islamic Account✅Yes

 

Exness Zero Account

 

Exness Pro Account

 

The Exness Pro Account aims to cater to adept traders who possess a comprehensive understanding of the markets by providing customized trading conditions and benefits advantageous in obtaining an edge over others.

The Exness Pro Account is tailor-made to accommodate experts’ specific requirements, granting them the ability to execute complex trading tactics surpassing their rivals.

 

🔑Account Feature💴Value
💳Minimum Deposit Requirement1,800 AED / $500
📈SpreadsVariable, from 0.1 pips
💶Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💰Commission ChargesNone
🚩Maximum leverage offeredUnlimited leverage
📊Instruments AvailableForex
Metals
Cryptocurrencies
Energies
Stocks
Indices
⬇️Minimum lot size0.01 lot
⬆️Maximum Lot Size200 lots from 7 am to 8h59 pm (GMT +0)
20 lots from 9 pm to 6h59 am (GMT +0)
📍Maximum positionsUnlimited
💹Hedged margin (%)0
💹Margin Call (%)30
⛔Stop-out Level (%)0
🗂️Order ExecutionInstant Execution on Forex currency pairs, metals, energies, stocks, and indices and market execution on cryptocurrencies
☪️Islamic Account✅Yes

 

Exness Pro Account

 

Exness Demo Account

 

For traders to test their strategies and become acquainted with the platform’s features and trading instruments, Exness offers a comprehensive demo account.

The demo account is free to open, simple to use, and offers the same trading conditions as the real account but with virtual funds. This allows traders to practice without risk, eliminating the need for an initial deposit.

The Exness demo account can benefit both new and experienced traders. Beginners can use it to learn the basics of forex trading, while experienced traders can try new strategies and explore the platform’s advanced features.

The demo account simulates trading by displaying real-time market prices and a virtual balance that can be replenished.

The Exness demo account is notable for its resemblance to a real trading account. Traders have access to the same broad range of trading instruments as before, including 107 currency pairs and 34 cryptocurrency pairs, allowing them to simulate real-world trading scenarios and evaluate the platform’s performance.

Furthermore, the demo account supports various order types, including market, limit, and stop orders, allowing traders to practice various trading strategies.

Understanding that trading in the forex market is fraught with danger is critical. Furthermore, past performance does not guarantee future results. Before engaging in real-money trading, traders should always approach trading responsibly and assess their risk tolerance.

 

Exness Demo Account

 

Exness Islamic Account

 

Exness provides an Islamic account option for traders who adhere to Islamic finance principles. The Islamic account, a swap-free account, was created to adhere to Islamic religious principles.

The account is run aligned with Islamic law, which forbids charging or paying interest or usury. These accounts are based on profit and loss sharing, and traders are charged a commission rather than interest.

Exness offers two Islamic swap-free trading accounts namely, Standard Swap-free and Extended Swap-free. All applicable trading accounts opened by clients from non-Islamic countries are granted Extended Swap-free status by default.

Additionally, the Islamic account can invest in various assets, including stocks, forex, and commodities. The Exness Islamic account is an excellent choice for traders who want to trade in financial markets while adhering to Islamic religious principles.

The account is intended to provide traders with a Sharia-compliant trading environment, allowing them to participate in global financial markets while adhering to their faith’s principles.

The Islamic account is similar to a regular trading account in providing access to the same trading instruments and order types.

Furthermore, Muslim traders can use virtual funds to access the same trading conditions as a real account. Traders can practice trading in a risk-free environment without having to deposit.

 

Exness Islamic Account

 

Exness Professional Account

 

The Exness Pro Account is intended for experienced traders who thoroughly understand the financial markets. It offers a variety of tailored trading conditions and benefits to help professionals gain a competitive advantage.

This account is tailored to the needs of seasoned traders, allowing them to implement complex trading strategies and outperform their competitors.

Traders can use the sophisticated tools and features of the Pro Account to optimize their trading performance and achieve their financial goals with pinpoint accuracy.

 

Exness Professional Account

 

Pros and Cons Exness Account Types and Features

 

✅Pros❎Cons
Exness offers a Cent Account for beginnersThe spreads on commission-free accounts are wide
There is a low $10 minimum depositExness offers a limited range of tradable instruments across accounts
Exness’ accounts cater to different tradersUnlimited leverage can lead to substantial losses for Emiratis

 

 

Are demo accounts available?

Yes, leverage is available, with the maximum leverage varying depending on the account type.

 

Is leverage available on Exness accounts?

Yes, Exness provides demo accounts for trading practice.

 

 

Exness Base Account Currencies and Basic Order Types

 

Exness Base Account Currencies

 

You can choose an account currency when opening a trading account with Exness. Your selected currency will be the primary location for your funds in that specific account.

It is essential to be meticulous when selecting your preferred account currency since converting currencies during deposits and withdrawals may incur additional charges.

Moreover, remember that changing your chosen account currency isn’t impossible once set. Instead, traders must create a new trading profile on their Personal Area if they wish to modify their current selection.

Exness provides its users with multiple options of varying currencies to manage their trading budget conveniently and flexibly.

 

🔑Account Type💵Account Currencies
🥇Standard CentUSC, EUC, GBC, CHC, AUC, CAC
🥈StandardAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
🥉ProSame as Standard Account Currencies
🎖️Raw SpreadSame as Standard Account Currencies
🏅ZeroSame as Standard Account Currencies

 

Exness Basic Order Types

 

  • Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
  • Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
  • Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
  • ✅This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.

 

 

Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order. Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal. A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.

 

Exness Basic Order Types

 

How to Open and Close an Exness Account

 

How to open an Exness Account

 

To open an account with Exness, Emiratis can follow these steps:

 

  • ✅Go to the Exness homepage by typing “Exness” into your web browser’s search bar.
  • ✅To begin registration, navigate to the Exness homepage and click the “Open an Account” button.
  • ✅Choose the trading account type that best meets your needs and preferences from the options available.
  • ✅Choose the currency in which to operate your trading account.
  • ✅Fill in the blanks with your name, email address, and country of residence.
  • ✅Select a strong password for your Exness account.
  • ✅Examine the Exness terms and conditions carefully before checking the box to indicate your agreement.
  • ✅To submit your registration form and open your Exness trading account, click the “Register” or “Open Account” button.
  • ✅Check your inbox for an email from Exness, and then follow the instructions to confirm your email address.

 

 

Finally, log in to your newly created Exness account using your email and password once your email address has been verified.

 

 

Is there an account approval process?

Yes, accounts are typically approved through a process that includes document verification.

 

How long does it take to open an account?

The time it takes to open an account varies, but it is usually quick once all documents are submitted.

 

 

How to Close an Exness Account

 

To close a live trading account with Exness, Emirati traders can follow these steps:

 

  • ✅Contact Exness customer service by email at [email protected].
  • ✅If you are an existing client, enter your account number and support PIN.
  • ✅In your email, state clearly that you want to close your Exness trading account and ask for the steps needed to do so.
  • ✅Exness customer service will walk you through the account closure process and provide any additional information or documentation needed.
  • ✅Before closing your account, ensure all your trades, positions, and financial obligations have been settled.
  • ✅If you still have funds in your Exness account, submit a withdrawal request to transfer the funds to your designated bank account or payment method.

 

 

Lastly, Exness will confirm the closure of your trading account via email or other communication channels once your account closure request has been processed.

 

 

How can I initiate the process of closing my Exness account?

Email Exness at [email protected] from your registered email address to begin the process.

 

Do I need to provide any specific information when requesting account closure?

Yes, you should include your account information and the reason for the account closure in your email.

 

 

How to Open and Close an Exness Account

 

Social Trading with Exness

 

Exness Social Trading is a cutting-edge platform that aims to change how investors interact with financial markets. It enables traders to communicate with one another, share useful information, and copy trades in real time.

The platform has significantly impacted the trading landscape by allowing individuals to tap into the collective wisdom of a trading community and thus improve their investment strategies.

Exness takes this concept to the next level by providing a cutting-edge social trading platform with advanced tools and a rewarding commission structure.

As a result, it is an appealing option for both investors seeking to follow successful trading strategies and strategy providers seeking to monetize their trading expertise.

Existing Exness customers have the added benefit of using the platform with their current accounts, allowing them to serve as investors and strategy providers. When investors replicate their successful trades, strategy providers can develop trading strategies for others to use and earn commissions.

The platform has grown in popularity because it allows traders to generate trading signals and establish new market positions that others can emulate.

Exness Social Trading provides a dynamic and robust trading environment by leveraging the power of crowd wisdom and advanced sentiment analytics. It creates a mutually beneficial ecosystem in which traders can learn from successful investors and investors can profit from the tried-and-true strategies of seasoned traders.

 

 

Is there a fee for using Exness Social Trading?

No, all Exness clients have free access to the social trading feature.

 

How do I choose a trader to follow?

There are several signal providers, each with its trading strategies and track record.

 

 

Social Trading with Exness

 

Exness Trading Platforms

 

Exness offers Emirati traders a choice between these trading platforms:

 

  • ✅MetaTrader 4
  • ✅MetaTrader 5
  • ✅Exness Web Terminal
  • ✅Exness Trader App

 

MT4 and MT5

 

Exness provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are well-known in the industry for their sophisticated features and tools.

For in-depth market analysis, these platforms give traders access to multiple timeframes, numerous technical indicators, and comprehensive charting options.

Furthermore, Emirati traders can personalize their trading strategies, implement automated trading systems, and participate in a large trading community for insights and discussions.

 

MT4 and MT5

 

Exness Terminal

 

The Exness Terminal is the broker’s in-house trading platform intended to be user-friendly, particularly for new traders. It has a simple interface that makes navigation and instrument search easy.

TradingView charts, indicators, and drawing tools are available for effective market analysis. Traders can set stop levels based on percentage, account currency, or price, which improves convenience and usability.

 

Exness Terminal

 

Exness Trader App

 

Exness offers the Exness Trader App, a mobile trading application that provides a seamless and user-friendly trading experience for traders on the go. The app has a sophisticated dashboard and an easy-to-use home screen, making it simple for traders to navigate and access key features.

The ability to view curated TradingView trading signals for each instrument is a standout feature of the Exness Trader App.

This integration allows traders to stay updated on market trends and gain valuable insights directly within the app, increasing convenience and allowing for more informed trading decisions.

 

Exness Trader App

 

Pros and Cons of Exness Trading Platforms

 

✅Pros❎Cons
Emirati traders can choose from the Exness platforms, MetaTrader 4, and MetaTrader 5There is no desktop Exness app or terminal
There is seamless account integration across all platforms and devicesMobile trading is not as comprehensive as web or desktop

 

 

Are the trading platforms customizable?

Yes, Exness’ MetaTrader platforms are highly customizable.

 

Do the platforms offer advanced charting tools?

Yes, advanced charting tools are included with the MetaTrader platforms to aid in technical analysis.

 

 

Pros and Cons of Exness Trading Platforms

 

Which Markets Can You Trade with Exness?

 

Emirati traders can expect the following range of markets from Exness:

 

  • ✅Forex
  • ✅Metals
  • ✅Cryptocurrencies
  • ✅Energies
  • ✅Precious Metals
  • ✅Stocks
  • ✅Indices

 

Financial Instruments and Leverage offered by Exness

 

🔑Instrument🅰️Number of Assets Offered🅱️Max Leverage Offered
📈Forex100Equity 0 – 999: Unlimited
0 – 4,999: 1:2000
5,000 – 29,999: 1:1000
30,000+: 1:500
💎Precious Metals4Equity 0 – 999: Unlimited
0 – 4,999: 1:2000
5,000 – 29,999: 1:1000
30,000+: 1:500
💹Indices111:400 (US30, US50, USTEC)
1:200 All other Indices
📉Stocks100+1:20
🪙Cryptocurrency141:25
💡Energies21:200

 

Broker Comparison for a Range of Markets

 

🔑Broker🥇Exness🥈JustMarkets🥉RoboForex
📈Forex✅Yes✅Yes✅Yes
💎Precious Metals✅Yes✅Yes✅Yes
📌ETFsNoneNone✅Yes
▶️CFDs✅Yes✅Yes✅Yes
📉Indices✅Yes✅Yes✅Yes
📊Stocks✅Yes✅Yes✅Yes
🪙CryptocurrencyNone✅Yes✅Yes
🚩OptionsNoneNoneNone
💡Energies✅Yes✅Yes✅Yes
🗂️BondsNoneNoneNone

 

Pros and Cons Exness Range of Markets

 

✅Pros❎Cons
Exness offers over 100 forex pairs that can be traded, including major, minor, and exotic pairsRegardless of negative balance protection, traders can still clear their trading accounts when they use excessive leverage
Emirati traders can access global markets through ExnessExness offers limited non-Forex trading instruments

 

 

What commodities can be traded on Exness?

Exness allows you to trade commodity derivatives such as USOIL, XNGUSD, UKOIL, XAUUSD, XAGUSD, and XPTUSD.

 

Does Exness offer stock trading?

Yes, you can diversify your portfolio by including well-known names from the global stock markets, such as Alphabet, Boeing, McDonald’s, and Nike.

 

 

Pros and Cons Exness Range of Markets

 

Exness Fees, Spreads, and Commissions

 

Exness Spreads

 

Exness is well-known for its tight spreads, which begin as low as 0.0 pips for certain forex pairs. This competitive pricing is especially advantageous for traders who engage in high-frequency trading or want to reduce trading costs.

 

Here are the typical spreads traders should anticipate:

 

🔑Account💴EUR/USD📈XAGUSD💵BTC/USD📉US Oil💶AAPL📊USTEC
🥇Standard Account1 pip3.8 pips496 pips9.5 pips0.9 pips55 pips
🥈Standard Cent Account1 pip3.8 pipsN/AN/AN/AN/A
🥉Raw Spread Account0 pips1.9 pips193 pips4.4 pips0.5 pips10 pips
🏅Zero Account0 pips0.1 pips193 pips2.3 pips0.3 pips8.5 pips
🏆Pro Account0.6 pips2.4 pips310 pips5.9 pips0.6 pips34 pips

 

Commissions

 

Exness provides various account types, including commission-free trading, while others may charge a commission based on trading volume. The commission structure is clear, allowing traders to anticipate their trading costs.

Some accounts have a fixed rate commission to ensure Exness is compensated for the services in arranging the transaction.

 

In this situation, commissions are levied on the following accounts:

 

  • ✅Raw Spread Account – Up to $3.50 per side, per lot
  • ✅Zero Account – From $0.1 per side, per lot

 

Exness Overnight Fees, Rollovers, or Swaps

 

These are fees charged when a position is held open overnight, also known as swap fees. Rates can differ depending on the trading instrument and account type. Exness provides detailed information on overnight fees to help traders make educated decisions.

 

Here are some swap fees that traders can expect:

 

🔑Instrument➡️Long Swap▶️Short Swap
EUR/USD-0.62 pips0
GBP/USD-0.31 pips0
XAG/USD-0.4066 pips0
XAU/USD-27.6429 pips0
BTC/USD00
US OIL-2.85 pips-2.44 pips
Shares00
US TEC (Nasdaq)0 USD0 USD
UK 1000.595 GBP-0.595 GBP

 

Exness Inactivity Fees

 

Dormant accounts are not charged an inactivity fee.

 

Exness Currency Conversion Fees

 

Exness may charge a currency conversion fee if you trade in a currency other than the base currency of your account. When a trade is opened or closed, this fee is typically a small percentage of the trade’s size.

 

Pros and Cons of Exness Trading and Non-Trading Fees

 

✅Pros❎Cons
Exness has a transparent fee scheduleThe spreads on commission-free accounts can be high when compared to those of other brokers

 

 

Are there commissions on trades?

Yes, commissions vary by account type, with some accounts providing commission-free trading.

 

Is there an inactivity fee with Exness?

No, Exness does not levy inactivity fees on inactive accounts.

 

 

Pros and Cons of Exness Trading and Non-Trading Fees

 

Exness Deposits and Withdrawals

 

Exness offers Emirati traders the following deposit and withdrawal methods:

 

  • ✅Bitcoin
  • ✅Debit Card
  • ✅Credit Card
  • ✅Internet Banking
  • ✅Skrill
  • ✅Neteller
  • ✅Perfect Money
  • ✅WebMoney

 

 

and many more!

 

How to make a Deposit with Exness

 

To deposit funds to an account with Exness, Emirati traders can follow these steps:

 

  • ✅Emirati traders can access their Exness account through the official website or trading platform.
  • ✅After logging in, they should navigate to the ‘Deposit’ section in the dashboard or account management area.
  • ✅Choose a preferred payment method from the available options, including bank transfers, credit/debit cards, or e-wallets like Skrill or Neteller.
  • ✅Specify the deposit amount and provide any required information.
  • ✅Review all the details to ensure accuracy and confirm the transaction.
  • ✅Additional verification steps may be necessary to finalize the deposit, depending on the payment method.

 

 

Upon successful deposit, traders will receive a confirmation message or email.

 

 

How long do Exness Deposits take?

The processing time for deposits can vary depending on the payment method used. E-wallets and credit/debit cards usually process deposits instantly, while bank transfers can take several business days.

 

Can I deposit in different currencies?

Yes, Exness accepts deposits in multiple currencies.

 

Are there any restrictions on deposit amounts?

Yes, the deposit amount may differ depending on the payment method used.

 

 

Exness Deposits and Withdrawals

 

How to Withdraw from Exness

 

To withdraw funds from an account with Exness, Emirati traders can follow these steps:

 

  • ✅To withdraw funds from an Exness account, Emirati traders can log in and go to the ‘Withdrawal’ or ‘Funds Management’ section.
  • ✅Choose the preferred payment method for withdrawal, typically the same method used for deposits.
  • ✅Specify the withdrawal amount and review the withdrawal details.
  • ✅Confirm the transaction.
  • ✅Depending on the withdrawal method, additional verification may be necessary.

 

 

Finally, traders will receive a confirmation once the withdrawal is processed.

 

 

How long do Exness Withdrawals take?

Exness is known for its quick withdrawal process, offering instant withdrawals 24/7, even on weekends.

However, the actual time may vary depending on the withdrawal method, with e-wallets and certain other methods offering instant withdrawals, while bank transfers could take several business days to process

 

How quickly are withdrawals processed with Exness?

Withdrawals are processed in the order they are received.

 

Can I withdraw profits separately from deposited funds?

Yes, profits and deposited funds must be withdrawn separately.

 

 

How to Withdraw from Exness

 

Exness Deposit Currencies, Deposit and Withdrawal Processing Times

 

🔑Payment Method✏️Deposit Processing🖋️Withdrawal Processing💵Min Deposit💶Min Withdrawal
💷BinancePay30 minutes30 Minutes$10$1
🪙BitcoinUp to 72 hoursUp to 72 hours$10$10
💳Debit CardInstantUp to 72 hours$10$3
💸Credit CardInstantUp to 72 hours$10$3
🖥️Internet BankingInstantUp to 72 hours$10$4
⏩SkrillInstantInstant$10$10
✳️NetellerInstantInstant$10$4
💴Perfect MoneyInstantInstant$50$2
📍SticPay30 minutes30 Minutes$10$1
🗝️USD Coin (ERC20)24 hours24 hours$10$100
🔒USD Coin (TRC20)24 hours24 hours$10$10
📈Tether (USDT ERC20)24 hours24 hours$10$100
📉Tether (USDT TRC20)24 hours24 hours$10$10
➡️Tether (USDT OMNI)Up to 72 hoursUp to 72 hours$10$100
💻WebMoneyNoneInstantNone$1
📌MybuxInstantInstant$10$5
🔎OzowInstantNone$10None
💹SnapScan30 MinutesN/A$10N/A

 

Broker Comparison – Deposit and Withdrawals

 

🔑Broker🥇Exness🥈JustMarkets🥉RoboForex
⏰Minimum Withdrawal TimeInstantInstantUp to 1 working day
⏱️Maximum Estimated Withdrawal TimeUp to 72 hours10 bank daysUp to 10 working days
💳Instant Deposits and Instant Withdrawals✅Yes✅YesNone

 

Pros and Cons of Exness Deposits and Withdrawals

 

✅Pros❎Cons
Exness offers instant deposits and withdrawalsExness could place certain restrictions on withdrawals

 

 

How quickly are deposits processed?

In most cases, deposits are processed within 30 minutes.

 

Can I withdraw funds at any time from Exness?

Yes, withdrawals can be made anytime, giving you access to your funds around the clock.

 

 

Pros and Cons of Exness Deposits and Withdrawals

 

Exness Education and Research

 

Education

 

Exness offers the following Educational Materials to Emirati traders:

 

  • ✅Exness Academy
  • ✅Webinars
  • ✅Educational Videos
  • ✅Articles

 

 

and more!

 

Exness also offers Emirati traders the following additional Research and Trading Tools:

 

  • ✅Analytical Tools
  • ✅Trader’s Calculator
  • ✅Economic Calendar
  • ✅Currency Converter
  • ✅Tick History
  • ✅Trading Central WebTV

 

and more!

 

Research and Trading Tool Comparison

 

🔑Broker🥇Exness🥈JustMarkets🥈RoboForex
📈Economic Calendar✅Yes✅Yes✅Yes
📉VPS✅Yes✅Yes✅Yes
💹AutoChartistNoneNone✅Yes
👁️Trading View✅YesNoneNone
📍Trading Central✅YesNone✅Yes
📊Market Analysis✅Yes✅Yes✅Yes
📰News Feed✅Yes✅Yes✅Yes
💻Blog✅Yes✅Yes✅Yes

 

Pros and Cons Exness Education and Research

 

✅Pros❎Cons
Exness has several innovative trading tools that traders can use to make informed decisionsWhile Exness offers some education, it is not as comprehensive as that offered by competitors
There is free VPS for eligible clientsThere are limited standalone tools and research
Exness incorporates Trading Central and TradingViewExness does not offer AutoChartist

 

 

Is there a dedicated research team at Exness?

Yes, Exness Research focuses on scientific discovery and innovation to improve trading efficiency.

 

What types of educational materials does Exness offer?

Exness’ Education Centre provides regular updates, tips, and tricks to help traders improve their strategies.

 

 

Exness Education and Research

 

Exness Customer Support

 

🔑Customer Support🥇Exness Customer Support
⏰Operating Hours24/7
🌎Support LanguagesMultilingual
🔊Live Chat✅Yes
💻Email Address[email protected]
☎️Telephonic Support✅Yes
🏆The overall quality of Exness Support5/5

 

Pros and Cons of Exness Customer Support

 

✅Pros❎Cons
Exness’ customer support is available around the clock24/7 customer support is limited to certain regions

 

 

Does Exness have a FAQ section for customer support?

Yes, Exness’ website includes a comprehensive FAQ section. This section contains frequently asked questions about various topics, including trading terminals, deposits, and withdrawals.

 

What languages does Exness customer service support?

Exness customer service representatives are fluent in 16 languages, including English, Chinese, Thai, Vietnamese, and Swahili.

 

 

Exness Customer Support

 

Exness VPS Review

 

Exness offers traders a free Virtual Private Server (VPS) hosting service, providing a stable and secure trading environment. A VPS is a remote virtual computer system allowing traders to trade anywhere. This is valuable for automated trading and consistent internet access.

Exness’ VPS ensures uninterrupted trading even during high market volatility. It is known for stability, speed, and reliability, offering tick-level data for thorough price analysis.

This free VPS service demonstrates Exness’ commitment to empowering traders with essential tools for success, improving trading experiences and performance.

 

 

Is the Exness VPS service reliable?

Exness VPS hosting is well-known for its stability, speed, and dependability.

 

Can I access my Exness VPS from anywhere?

Yes, a virtual private server (VPS) is a computer system that can be controlled remotely from anywhere.

 

 

Exness VPS Review

 

Exness Cashback Rebates Features and Conditions

 

Exness offers a Cashback Rebate system as an integral feature of its Introducing Brokers Program. This system enables partners to share rewards with the clients they refer, resulting in a mutually beneficial arrangement.

 

Key attributes of Exness’ cashback rebates program include the following:

 

  • ✅Rebate Percentage: Partners can set the rebate percentage anywhere between 0% and 100%, allowing them to personalize the pay-out structure.
  • ✅The system provides partners with tools to group their referred customers. This facilitates efficient and automated rebate payments.
  • ✅Through their Personal Area, partners can manage all aspects of the rebate system, including creating, approving, and rejecting rebate requests.
  • ✅Rebates are paid daily to clients who have closed trades within the previous 24 hours, with partners having the option to approve these daily payments.

 

 

Finally, the Cashback Rebate system does not apply to the Social_Standard and Social_Pro accounts.

 

 

How are Exness rebates managed?

Rebates are managed in the Personal Area, where partners can create, approve, and reject rebate requests.

 

Can partners set their own rebate percentages?

Yes, partners can choose a rebate percentage ranging from 0% to 100%.

 

 

Exness Cashback Rebates Features and Conditions

 

Exness Web Traffic Report

 

🌎Global Rank2,675
🚩Country Rank640
📊Category Rank23
📌Total Visits26.7 million
📍Bounce Rate60.23%
📖Pages per Visit2.32
⏰Average Duration of Visit00:01:53
🔎Total Visits in the last three monthsJune – 19.6 million
July – 25.5 million
August – 26.7 million

 

Exness Web Traffic Report

 

Exness’ Geographic Reach and Limitations

 

Exness Current Expansion Focus

 

Exness is expanding across Africa, Asia, and Europe.

 

Countries not accepted by Exness

 

Exness restricts users from various countries including:

 

  • ✅USA
  • ✅Australia
  • ✅New Zealand
  • ✅Canada
  • ✅Denmark

 

The full list of countries can be viewed via the Exness website.

 

Popularity among Emirati traders who choose Exness.

 

Exness is one of the Top 10 forex and CFD brokers for Emirati traders.

 

 

Is Exness regulated in multiple jurisdictions?

Exness is regulated by several financial authorities, extending its global reach.

 

Can traders from the UAE trade with Exness?

Yes, traders from the United Arab Emirates can use Exness.

 

 

Exness' Geographic Reach and Limitations

 

Best Countries by Traders

 

🔑Country📈Market Share
🥇India32.12%
🥈Thailand28.29%
🥉Bangladesh6.38%
🏅South Africa4.97%
🎖️Egypt3.99%

 

Best Countries by Traders

 

Exness vs JustMarkets vs RoboForex – A Comparison

 

🔑Broker🥇Exness🥈JustMarkets🥉RoboForex
📝RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMAFSAIFSC
📈Trading PlatformMetaTrader 4
MetaTrader 5
Exness App
Exness Terminal
MetaTrader 5
MetaTrader 4
JustMarkets App
MetaTrader 4
MetaTrader 5
cTrader
R StocksTrader
R MobileTrader
💴Withdrawal FeeNoneNone✅Yes
🆓Demo Account✅Yes✅Yes✅Yes
💵Min Deposit37 AED4 AED37
⬆️LeverageUnlimitedUp to 1:30001:2000
📉SpreadVariable, from 0.0 pipsFrom 0.0 pips0.0 pips
💰CommissionsFrom $0.1 per side, per lot$3 units per lot/side$10 per million traded
⛔Margin Call/Stop-Out60%/0%40%/20%Margin: 40% - 60%
Stop-out: 10% - 40%
🗂️Order ExecutionMarketMarketMarket
💶No-Deposit BonusNone✅Yes✅Yes
🪙Cent Accounts✅Yes✅YesNone
📊Account TypesStandard Account
Standard Cent Account
Raw Spread Account
Zero Account
Pro Account
MetaTrader 4 Standard Cent Account
MetaTrader 4 Standard Account
MetaTrader 4 Pro Account
MetaTrader 4 Raw Spread Account
MetaTrader 5 Standard Account
MetaTrader 5 Pro Account
MetaTrader 5 Raw Spread Account
Prime Account
ECN Account
R StocksTrader Account
ProCent Account
Pro Account
🖋️DFSA RegulationNoNoNo
💳AED Deposits✅Yes✅Yes✅Yes
📌AED AccountNoneNoneNone
👥Customer Service Hours24/724/524/7
🚩Retail Investor Accounts575
☪️Islamic Account✅Yes✅Yes✅Yes
⬇️Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️Maximum Trade SizeUnlimited100 lots500 lots
⏰Minimum Withdrawal TimeInstantInstantUp to 1 working day
⏱️Maximum Estimated Withdrawal TimeUp to 72 hours10 bank daysUp to 10 working days
🔖Instant Deposits and Instant Withdrawals✅Yes✅YesNone

 

Exness vs JustMarkets vs RoboForex – A Comparison

 

Exness Alternatives

 

  • 🥇 GO Markets is an Australian broker that provides a variety of trading instruments, including forex, CFDs, and cryptocurrencies. GO Markets provides traders with advanced charting tools, educational resources, and competitive spreads in addition to its user-friendly MetaTrader 4 and MetaTrader 5 platforms.

 

  • 🥈 FBS is a global broker that specializes in forex and CFD trading. FBS, which has a presence in over 190 countries, offers a variety of account types to traders of varying experience levels. The broker offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5, as well as features such as leverage of up to 1:3000 and an extensive selection of educational materials.

 

  • 🥉 XTB is a European broker that provides forex, CFDs, and social trading via its xStation 5 platform. The platform is renowned for its intuitive interface, sophisticated charting tools, and real-time market commentary. Multiple financial authorities, including the Financial Conduct Authority (FCA) and the Komisja Nadzoru Finansowego (KNF), regulate XTB, providing a secure and transparent trading environment.

 

Exness Alternatives

 

Exness Awards and Recognition

 

Exness received the following recent awards and recognition:

 

  • ✅Broker of the Year at the Jordan Financial Expo and Awards 2024 (JFEX).
  • ✅Most Innovative Broker of the Year at the Forex Traders Summit Dubai 2024.
  • ✅Best Global Broker of the Year at the Traders Summit 2022.
  • ✅Global Broker of the Year at the Traders Summit 2022.

 

 

and more!

 

Exness Awards and Recognition

 

Our Experience with Exness

 

According to our investigation, Exness is a robust and dependable trading platform that caters to a wide variety of trading needs. We appreciate the intuitive user interface, allowing easy navigation regardless of trading experience.

One feature that stood out for us is the quick withdrawal process, a crucial factor for traders who need timely access to their funds. Due to order placement restrictions, however, the platform may not be ideal for traders interested in scalping.

 

Exness Trading Platform

 

The versatility of the Exness trading platform impressed us. MetaTrader 4 and MetaTrader 5 are supported, allowing us to select a platform that aligns with our trading strategies.

We also found the demo account feature especially useful for novices who wish to practice without incurring any financial risk. While the platform is feature-rich, we did experience a few technical issues, which is an area that could be improved.

 

Quality of Exness’ Customer Service

 

The majority of our interactions with Exness’ customer service have been positive. Our confidence in the platform is increased by the team’s responsiveness and promptness in addressing issues. We were especially impressed by the openness and prompt resolution of our issues.

However, we came across some user comments about account safety, suggesting there’s room for improvement in this area. Overall, we find the customer service reliable, but a few aspects could be fine-tuned for an even better experience.

 

Exness Response Time

 

🔑Support Channel⏰Average Response Time⏱️User-based Response Time
☎️PhoneA few minutesA few minutes
💻Email24 hoursWithin a few hours
🔊Live Chat5 minutes2 minutes
📱Social Media5 minutes4 minutes
👥Affiliate24 hoursBy the end of the day

 

Our Experience with Exness

 

Recommendations according to our in-depth review of Exness

 

  • ✅Increase Customer Support Options: Add live chat functionality or region-specific phone lines to provide traders with immediate, personalized assistance.
  • ✅Strengthen Risk Management Protocols: Implement stronger safeguards and educational resources to encourage responsible trading behavior.
  • ✅Improve Website Usability: Simplify website navigation, create a more user-friendly interface, and make the site mobile-friendly.
  • ✅Develop in-depth tutorials, webinars, and educational content to equip traders with essential trading knowledge and skills.

 

 

Finally, improve market research regarding the quality of research reports, expand technical analysis features, and provide timely market insights to keep traders updated on market trends.

 

Recommendations according to our in-depth review of Exness

 

Exness Customer Reviews

 

 

🥇 Impressive speed!

 

My time on Exness has been positive. The speed with which you can deposit and withdraw funds is impressive. – Majid Qubaisi 

 

 

🥈 Reliable.

 

I have used Exness for a long time and have always been happy with their service. Compared to other brokers, Exness has consistently provided reliable execution, deposits, and withdrawals over the past five years. – Layla Hamadi

 

 

🥉 Fantastic!

 

Exness is a fantastic exchange that allows traders to access various instruments. The withdrawal process also begins instantly. – Noora Sharqawi 

 

 

Exness Customer Reviews

 

Pros and Cons of Trading with Exness

 

✅Pros❎Cons
Exness is known for its safe and transparent trading environmentThere are limited tradable instruments compared to other brokers
Traders can expect free deposits and withdrawalsUnlimited leverage is extremely risky
Exness offers Emirati traders an AED-denominated trading accountThe DFSA does not regulate Exness

 

In Conclusion

 

According to our comprehensive review, Exness is a strong contender in the trading landscape, especially for Emirati traders. The platform provides a diverse range of assets and trading instruments to accommodate a variety of trading styles and strategies.

Furthermore, the quick withdrawal process is one of the standout features, which we believe is a significant advantage for traders who require timely access to their funds.

The trading platform’s support for MetaTrader 4 and MetaTrader 5 allows traders to select a platform that best suits their trading needs. Another advantage is the availability of a demo account, which is especially beneficial for beginners who want to practice without financial risk.

Customer service is generally commendable, with a high response rate and an emphasis on resolving issues as soon as possible. We did, however, notice some user comments about account security, indicating that there is still room for improvement in this area.

Trading signals and Cashback Rebates are two additional features that enhance the trading experience and provide valuable resources for novice and experienced traders. However, the platform may not be ideal for scalping strategies because of certain order placement limitations.

 

 

Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Emirati investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

 

 

Frequently Asked Questions

 

What is Exness’ deposit process?

The Exness deposit process is instantaneous and entirely digital, and there are several payment methods with a $10 minimum deposit.

 

How long does it take to withdraw from Exness?

Exness withdrawal processing times vary depending on the method of withdrawal. Withdrawals from e-wallets are frequently processed instantly, whereas bank wire transfers may take several business days.

 

What is the difference between an Exness Real and a Demo account?

Real money and real trades are involved in a real account, whereas a demo account allows you to practice trading with virtual money.

 

Does Exness have Nasdaq 100?

Yes, Exness allows traders to participate in the performance of the top 100 non-financial companies listed on the Nasdaq stock exchange by trading on the Nasdaq 100 index.

 

Is Exness Safe or a Scam?

Exness is a safe broker. Exness is multi-regulated by several entities globally, employs robust security features, is audited frequently, and provides a safe and transparent trading environment.

 

Is it necessary to verify an Exness account?

Yes, account verification is required.

 

Is Exness regulated?

Yes, Exness is governed by several agencies, including the FCA, CySEC, FSC, FSA, FSC BVI, CMA, and FSCA.

 

What is Exness’ customer service like?

Exness’ customer service typically provides timely and pertinent responses in various languages.

 

Does Exness have VIX 75?

No, the VIX 75 index is not available for trading at Exness.

 

Is a bonus program available for the new Exness account types?

No, Exness does not have any sign-up bonuses.

 

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