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 Execution | 4/5 |
💵Commissions and Fees | 4/5 |
📈Range of Markets | 2/5 |
📊Variety of Markets | 4/5 |
⏰Withdrawal Speed | 5/5 |
👥Customer Support | 5/5 |
🖥️Trading Platform | 4/5 |
🎓Education | 4/5 |
📖Research | 4/5 |
🖋️Regulation | 4/5 |
📱Mobile Trading | 4/5 |
💯Trust Score | 97% |
Exness Review – Analysis of Brokers’ Main Features
- ☑️ Exness Overview
- ☑️ Exness Detailed Summary
- ☑️ Exness Advantages Over Competitors
- ☑️ Who will Benefit from Trading with Exness?
- ☑️ Exness Safety and Security
- ☑️ Exness Affiliate Program Features
- ☑️ Exness Minimum Deposit
- ☑️ Exness Account Types and Features
- ☑️ Exness Base Account Currencies and Basic Order Types
- ☑️ How to Open and Close an Exness Account
- ☑️ Social Trading with Exness
- ☑️ Exness Trading Platforms
- ☑️ Which Markets Can You Trade with Exness?
- ☑️ Exness Fees, Spreads, and Commissions
- ☑️ Exness Deposits and Withdrawals
- ☑️ Exness Education and Research
- ☑️ Exness Customer Support
- ☑️ Exness VPS Review
- ☑️ Exness Cashback Rebates Features and Conditions
- ☑️ Exness Web Traffic Report
- ☑️ Exness’ Geographic Reach and Limitations
- ☑️ Best Countries by Traders
- ☑️ Exness vs JustMarkets vs RoboForex – A Comparison
- ☑️ Exness Alternatives
- ☑️ Exness Awards and Recognition
- ☑️ Our Experience with Exness
- ☑️ Recommendations according to our in-depth review of Exness
- ☑️ Exness Customer Reviews
- ☑️ Pros and Cons of Trading with Exness
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
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 Detailed Summary
🔑Broker | 🥇Exness |
🏠Headquartered | Cyprus |
🌎Global Offices | South Africa, Cyprus, United Kingdom, Seychelles, Kenya |
📌Local Market Regulators in Dubai | Dubai Financial Services Authority (DFSA) |
📍Foreign Direct Investment in Dubai | 23 billion USD (2022) |
💱Foreign Exchange Reserves in Dubai | 158 billion USD (July 2024) |
🌐Local office in Dubai | None |
👤Governor of SEC in Dubai | Khaled Mohamed Balama is the Governor of the Central Bank of the UAE |
📈Accepts Dubai Traders | ✅Yes |
🚩Year Founded | 2008 |
☎️Dubai Office Contact Number | None |
💻Social Media Platforms | Facebook X YouTube |
🚨Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
🥇Tier-1 Licenses | Financial Conduct Authority (FCA) |
🥈Tier-2 Licenses | Cyprus Securities and Exchange Commission (CySEC) Financial Sector Conduct Authority (FSCA) Capital Markets Authority (CMA) |
🥉Tier-3 Licenses | Financial 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 Number | Seychelles – 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 Regulation | None |
🌎Regional Restrictions | USA, 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 Demo | None |
⏰Demo Duration | 21-days |
📈Retail Investor Accounts | 5 |
📉PAMM Accounts | None |
💧Liquidity Providers | ADS Securities, FXCM PRO, and others |
👥Affiliate Program | ✅Yes |
✏️Order Execution | Market |
📒OCO Orders | None |
▶️One-Click Trading | ✅Yes |
➡️Scalping | ✅Yes |
💹Hedging | ✅Yes |
👤Expert Advisors | ✅Yes |
🗞️News Trading | ✅Yes |
✳️Trading API | None |
📊Starting spread | 0.0 pips EUR/USD |
💰Minimum Commission per Trade | From $0.1 per side, per lot |
🔢Decimal Pricing | 5th decimal pricing after the comma |
🔊Margin Call | 60% |
⛔Stop-Out | 0% |
⬇️Minimum Trade Size | 0.01 lots |
⬆️Maximum Trade Size | Unlimited |
🪙Crypto trading offered | ✅Yes |
🔎Offers an AED Account | None |
🎖️Dedicated Dubai Account Manager | None |
📌Maximum Leverage | Unlimited |
🗝️Leverage Restrictions for Dubai | Yes, according to the account balance |
💴Minimum Deposit (AED) | 37 AED ($10) |
💵Deposit Currencies | All |
💶AED Deposits Allowed | ✅Yes |
💷Account Base Currency | AED, 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 Stats | 49,000+ |
👥Active Dubai-based Exness customers | Unknown |
🔃Dubai Daily Forex Turnover | 13.1 billion USD |
💳Deposit and Withdrawal Options | BinancePay 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 Time | Instant |
⏱️Maximum Estimated Withdrawal Time | Up to 72 hours |
🛎️Instant Deposits and Instant Withdrawals | ✅Yes |
🏷️Segregated Accounts with Emirati Banks | No |
📈Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Terminal Exness Trader app |
⌛Trading Platform Time | UTC (Coordinated Universal Time) |
👁️Observe DST Change | ✅Yes |
🌐DST Change Time zone | UTC |
💎Tradable Assets | Forex Metals Crypto Energies Indices Stocks |
💵Offers USD/AED currency pair | None |
⌚USD/AED Average Spread | None |
📉Offers Emirati Stocks and CFDs | None |
🫶Languages supported on the Website | English, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi |
🔊Customer Support Languages | Multilingual |
🤝Copy Trading Support | ✅Yes |
⏲️Customer Service Hours | 24/7 |
👥Dubai-based customer support | None |
💰Bonuses and Promotions for Dubai Traders | None |
🎓Education for Emirati beginners | ✅Yes |
💻Proprietary trading software | ✅Yes |
🏆Most Successful Trader in Dubai | Unknown |
🔒Is Exness a safe broker for Dubai Traders | ✅Yes |
🏅Rating for Exness Dubai | 8/10 |
💯Trust score for Exness Dubai | 97% |
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!
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.
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 Limited | Seychelles | 8423606-1 | FSA | 3 | SD025 |
2️⃣Exness B.V. | Saint Maarten | 148698(0) | CBCS | 3 | 0003LSI |
3️⃣Exness VG Limited | British Virgin Islands | 2032226 | FSC BVI | 3 | SIBA/L/20/1133 |
4️⃣Tortelo Limited | Mauritius | 176967 | FSC | 3 | GB20025294 |
5️⃣Vlerizo (Pty) Ltd | South Africa | 51024 | FSCA | 2 | FSP 51024 |
6️⃣Exness (CY) Ltd | Cyprus | HE 293057 | CySEC | 2 | 178/12 |
7️⃣Exness (UK) Ltd | United Kingdom | 0886148 | FCA | 1 | FSR 730729 |
8️⃣Tadenex Limited | Kenya | - | CMA | 2 | 162 |
Exness Protection of Client Funds
🔑Security Measure | Information |
📈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 environment | Exness 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.
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.
Exness Minimum Deposit
🔑Live Account | 💵Minimum Dep. |
🥇Standard | 37 AED / $10 |
🥈Standard Cent | 37 AED / $10 |
🥉Raw Spread | 1,800 AED / $500 |
🎖️Zero | 1,800 AED / $500 |
🏆Pro | 1,800 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 Account Types and Features
🔑Live Account | 💴Minimum Dep. | ⏰Average Spread | 💰Commissions | 💵Average Trading Cost |
🥇Standard | $10 | 0.3 pips | None | 10 USD |
🥇Standard Cent | $10 | 0.3 pips | None | 10 USD |
🥉Raw Spread | $500 | 0.0 pips | $3.5 | 7 USD |
🎖️Zero | $500 | 0.0 pips | $0.1 | 7 USD |
🏆Pro | $500 | 0.1 pips | None | 6 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 Requirement | 37 AED / $10 |
📈Spreads | Variable, from 0.3 pips |
➡️Account Base Currency | AED, 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 Charges | None |
📉Maximum leverage offered | Unlimited leverage |
🖇️Instruments Available | Forex major pairs Minor currency pairs Exotic Forex pairs Energies Cryptocurrencies Stocks Indices |
⬇️Minimum lot size | 0.01 lots |
⬆️Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
💹Maximum positions | Unlimited |
📊Hedged margin (%) | 0 |
🔎Margin Call (%) | 60 |
⛔Stop-out Level (%) | 0 |
📒Order Execution | Market Execution |
☪️Islamic Account | ✅Yes |
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 Requirement | 37 AED / $10 |
📈Spreads | Variable, from 0.3 pips |
📉Account Base Currency | USC, EUC, GBC, CHC, AUC, CAC |
💰Commission Charges | None |
📊Maximum leverage offered | Unlimited leverage |
💹Instruments Available | Forex Metals |
⬇️Minimum lot size | 0.01 lot |
⬆️Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
💷Maximum positions | 1000 |
🔎Hedged margin (%) | 0 |
📌Margin Call (%) | 60 |
📌Stop-out Level (%) | 0 |
📌Order Execution | Market Execution |
☪️Islamic Account | ✅Yes |
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 Requirement | 1,800 AED / $500 |
📉Spreads | Variable, from 0.0 pips |
💵Account Base Currency | AED, 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 Charges | Up to $3.5 per side, per lot |
💹Maximum leverage offered | Unlimited leverage |
📊Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
⬇️Minimum lot size | 0.01 lot |
⬆️Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
📌Maximum positions | Unlimited |
🗂️Hedged margin (%) | 0 |
🖋️Margin Call (%) | 30 |
⛔Stop-out Level (%) | 0 |
🏷️Order Execution | Market Execution |
☪️Islamic Account | ✅Yes |
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 Requirement | 1,800 AED / $500 |
📊Spreads | Variable, from 0.0 pips |
📈Account Base Currency | AED, 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 Charges | From $0.1 per side, per lot |
📌Maximum leverage offered | Unlimited leverage |
🗂️Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
⬇️Minimum lot size | 0.01 lot |
⬆️Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
📍Maximum positions | Unlimited |
📉Hedged margin (%) | 0 |
🖋️Margin Call (%) | 30 |
⛔Stop-out Level (%) | 0 |
🔎Order Execution | Market Execution |
☪️Islamic Account | ✅Yes |
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 Requirement | 1,800 AED / $500 |
📈Spreads | Variable, from 0.1 pips |
💶Account Base Currency | AED, 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 Charges | None |
🚩Maximum leverage offered | Unlimited leverage |
📊Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
⬇️Minimum lot size | 0.01 lot |
⬆️Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
📍Maximum positions | Unlimited |
💹Hedged margin (%) | 0 |
💹Margin Call (%) | 30 |
⛔Stop-out Level (%) | 0 |
🗂️Order Execution | Instant Execution on Forex currency pairs, metals, energies, stocks, and indices and market execution on cryptocurrencies |
☪️Islamic Account | ✅Yes |
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 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 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.
Pros and Cons Exness Account Types and Features
✅Pros | ❎Cons |
Exness offers a Cent Account for beginners | The spreads on commission-free accounts are wide |
There is a low $10 minimum deposit | Exness offers a limited range of tradable instruments across accounts |
Exness’ accounts cater to different traders | Unlimited 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 Cent | USC, EUC, GBC, CHC, AUC, CAC |
🥈Standard | AED, 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 |
🥉Pro | Same as Standard Account Currencies |
🎖️Raw Spread | Same as Standard Account Currencies |
🏅Zero | Same 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.
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.
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.
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.
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 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.
Pros and Cons of Exness Trading Platforms
✅Pros | ❎Cons |
Emirati traders can choose from the Exness platforms, MetaTrader 4, and MetaTrader 5 | There is no desktop Exness app or terminal |
There is seamless account integration across all platforms and devices | Mobile 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.
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 |
📈Forex | 100 | Equity 0 – 999: Unlimited 0 – 4,999: 1:2000 5,000 – 29,999: 1:1000 30,000+: 1:500 |
💎Precious Metals | 4 | Equity 0 – 999: Unlimited 0 – 4,999: 1:2000 5,000 – 29,999: 1:1000 30,000+: 1:500 |
💹Indices | 11 | 1:400 (US30, US50, USTEC) 1:200 All other Indices |
📉Stocks | 100+ | 1:20 |
🪙Cryptocurrency | 14 | 1:25 |
💡Energies | 2 | 1:200 |
Broker Comparison for a Range of Markets
🔑Broker | 🥇Exness | 🥈JustMarkets | 🥉RoboForex |
📈Forex | ✅Yes | ✅Yes | ✅Yes |
💎Precious Metals | ✅Yes | ✅Yes | ✅Yes |
📌ETFs | None | None | ✅Yes |
▶️CFDs | ✅Yes | ✅Yes | ✅Yes |
📉Indices | ✅Yes | ✅Yes | ✅Yes |
📊Stocks | ✅Yes | ✅Yes | ✅Yes |
🪙Cryptocurrency | None | ✅Yes | ✅Yes |
🚩Options | None | None | None |
💡Energies | ✅Yes | ✅Yes | ✅Yes |
🗂️Bonds | None | None | None |
Pros and Cons Exness Range of Markets
✅Pros | ❎Cons |
Exness offers over 100 forex pairs that can be traded, including major, minor, and exotic pairs | Regardless of negative balance protection, traders can still clear their trading accounts when they use excessive leverage |
Emirati traders can access global markets through Exness | Exness 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.
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 Account | 1 pip | 3.8 pips | 496 pips | 9.5 pips | 0.9 pips | 55 pips |
🥈Standard Cent Account | 1 pip | 3.8 pips | N/A | N/A | N/A | N/A |
🥉Raw Spread Account | 0 pips | 1.9 pips | 193 pips | 4.4 pips | 0.5 pips | 10 pips |
🏅Zero Account | 0 pips | 0.1 pips | 193 pips | 2.3 pips | 0.3 pips | 8.5 pips |
🏆Pro Account | 0.6 pips | 2.4 pips | 310 pips | 5.9 pips | 0.6 pips | 34 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 pips | 0 |
GBP/USD | -0.31 pips | 0 |
XAG/USD | -0.4066 pips | 0 |
XAU/USD | -27.6429 pips | 0 |
BTC/USD | 0 | 0 |
US OIL | -2.85 pips | -2.44 pips |
Shares | 0 | 0 |
US TEC (Nasdaq) | 0 USD | 0 USD |
UK 100 | 0.595 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 schedule | The 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.
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.
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.
Exness Deposit Currencies, Deposit and Withdrawal Processing Times
🔑Payment Method | ✏️Deposit Processing | 🖋️Withdrawal Processing | 💵Min Deposit | 💶Min Withdrawal |
💷BinancePay | 30 minutes | 30 Minutes | $10 | $1 |
🪙Bitcoin | Up to 72 hours | Up to 72 hours | $10 | $10 |
💳Debit Card | Instant | Up to 72 hours | $10 | $3 |
💸Credit Card | Instant | Up to 72 hours | $10 | $3 |
🖥️Internet Banking | Instant | Up to 72 hours | $10 | $4 |
⏩Skrill | Instant | Instant | $10 | $10 |
✳️Neteller | Instant | Instant | $10 | $4 |
💴Perfect Money | Instant | Instant | $50 | $2 |
📍SticPay | 30 minutes | 30 Minutes | $10 | $1 |
🗝️USD Coin (ERC20) | 24 hours | 24 hours | $10 | $100 |
🔒USD Coin (TRC20) | 24 hours | 24 hours | $10 | $10 |
📈Tether (USDT ERC20) | 24 hours | 24 hours | $10 | $100 |
📉Tether (USDT TRC20) | 24 hours | 24 hours | $10 | $10 |
➡️Tether (USDT OMNI) | Up to 72 hours | Up to 72 hours | $10 | $100 |
💻WebMoney | None | Instant | None | $1 |
📌Mybux | Instant | Instant | $10 | $5 |
🔎Ozow | Instant | None | $10 | None |
💹SnapScan | 30 Minutes | N/A | $10 | N/A |
Broker Comparison – Deposit and Withdrawals
🔑Broker | 🥇Exness | 🥈JustMarkets | 🥉RoboForex |
⏰Minimum Withdrawal Time | Instant | Instant | Up to 1 working day |
⏱️Maximum Estimated Withdrawal Time | Up to 72 hours | 10 bank days | Up to 10 working days |
💳Instant Deposits and Instant Withdrawals | ✅Yes | ✅Yes | None |
Pros and Cons of Exness Deposits and Withdrawals
✅Pros | ❎Cons |
Exness offers instant deposits and withdrawals | Exness 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.
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 |
💹AutoChartist | None | None | ✅Yes |
👁️Trading View | ✅Yes | None | None |
📍Trading Central | ✅Yes | None | ✅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 decisions | While Exness offers some education, it is not as comprehensive as that offered by competitors |
There is free VPS for eligible clients | There are limited standalone tools and research |
Exness incorporates Trading Central and TradingView | Exness 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 Customer Support
🔑Customer Support | 🥇Exness Customer Support |
⏰Operating Hours | 24/7 |
🌎Support Languages | Multilingual |
🔊Live Chat | ✅Yes |
💻Email Address | [email protected] |
☎️Telephonic Support | ✅Yes |
🏆The overall quality of Exness Support | 5/5 |
Pros and Cons of Exness Customer Support
✅Pros | ❎Cons |
Exness’ customer support is available around the clock | 24/7 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 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 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 Web Traffic Report
🌎Global Rank | 2,675 |
🚩Country Rank | 640 |
📊Category Rank | 23 |
📌Total Visits | 26.7 million |
📍Bounce Rate | 60.23% |
📖Pages per Visit | 2.32 |
⏰Average Duration of Visit | 00:01:53 |
🔎Total Visits in the last three months | June – 19.6 million July – 25.5 million August – 26.7 million |
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.
Best Countries by Traders
🔑Country | 📈Market Share |
🥇India | 32.12% |
🥈Thailand | 28.29% |
🥉Bangladesh | 6.38% |
🏅South Africa | 4.97% |
🎖️Egypt | 3.99% |
Exness vs JustMarkets vs RoboForex – A Comparison
🔑Broker | 🥇Exness | 🥈JustMarkets | 🥉RoboForex |
📝Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | FSA | IFSC |
📈Trading Platform | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | MetaTrader 5 MetaTrader 4 JustMarkets App | MetaTrader 4 MetaTrader 5 cTrader R StocksTrader R MobileTrader |
💴Withdrawal Fee | None | None | ✅Yes |
🆓Demo Account | ✅Yes | ✅Yes | ✅Yes |
💵Min Deposit | 37 AED | 4 AED | 37 |
⬆️Leverage | Unlimited | Up to 1:3000 | 1:2000 |
📉Spread | Variable, from 0.0 pips | From 0.0 pips | 0.0 pips |
💰Commissions | From $0.1 per side, per lot | $3 units per lot/side | $10 per million traded |
⛔Margin Call/Stop-Out | 60%/0% | 40%/20% | Margin: 40% - 60% Stop-out: 10% - 40% |
🗂️Order Execution | Market | Market | Market |
💶No-Deposit Bonus | None | ✅Yes | ✅Yes |
🪙Cent Accounts | ✅Yes | ✅Yes | None |
📊Account Types | Standard 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 Regulation | No | No | No |
💳AED Deposits | ✅Yes | ✅Yes | ✅Yes |
📌AED Account | None | None | None |
👥Customer Service Hours | 24/7 | 24/5 | 24/7 |
🚩Retail Investor Accounts | 5 | 7 | 5 |
☪️Islamic Account | ✅Yes | ✅Yes | ✅Yes |
⬇️Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
⬆️Maximum Trade Size | Unlimited | 100 lots | 500 lots |
⏰Minimum Withdrawal Time | Instant | Instant | Up to 1 working day |
⏱️Maximum Estimated Withdrawal Time | Up to 72 hours | 10 bank days | Up to 10 working days |
🔖Instant Deposits and Instant Withdrawals | ✅Yes | ✅Yes | None |
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 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!
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 |
☎️Phone | A few minutes | A few minutes |
24 hours | Within a few hours | |
🔊Live Chat | 5 minutes | 2 minutes |
📱Social Media | 5 minutes | 4 minutes |
👥Affiliate | 24 hours | By the end of the day |
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.
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
Pros and Cons of Trading with Exness
✅Pros | ❎Cons |
Exness is known for its safe and transparent trading environment | There are limited tradable instruments compared to other brokers |
Traders can expect free deposits and withdrawals | Unlimited leverage is extremely risky |
Exness offers Emirati traders an AED-denominated trading account | The 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.