Exness

Exness Commissions & Fees

Exness does not charge any fees except for spread or commission, depending on your account type. For the Standard accounts, no commission is payable.

For Professional accounts, there is commission but it depends which account you choose. Zero account has commission from $3.50 per lot per direction. Raw Spread has fixed commission up to $3.50 per lot per direction. The only Professional account with zero commission is the Pro account.

Exness Deposits & Withdrawals

Exness accepts the standard payment methods which are used throughout the industry, as well as local payment systems depending on the country. It does not offer the biggest variety of payment methods, but it definitely satisfies the most frequent payment methods such as bank cards and eWallets, which are now preferred by many clients.

Exness accepts a minimum deposit of $3 by bank card. This is fantastic for clients who are newbies and want to experiment with a real account instead of a demo account, but don’t really have to risk a lot as they can opt in for a Standard Cent.

Notably, Exness has instant deposits and withdrawals on many of its payment systems to access your funds 24/7. You can learn more about them on the Deposits & Withdrawals page on the website.

Exness Trading Conditions

Trading conditions depend on the account type traders choose. Spreads start from 0 pips on the Zero account for the most popular pairs, including EURUSD. This comes with low commission starting from $3.50 per lot per side. The Pro account offers zero commission on all pairs and comes with low spread. Standard accounts also have spread but it’s low by market standards.

Exness Account Types

Exness offers two sets of accounts – Standard and Professional.

Standard includes both Standard and Standard Cent accounts – great for newbie traders due to the low deposit of $1 and small lot size.

Their Professional accounts are where it gets interesting. The Zero account has zero spread 95% of the day for the top 30 instruments, including XAUUSD, EURUSD, USDJPY.

Pro account is their instant execution, zero commission account. It has low spreads and is good for expert traders. And Raw Spread account comes with fixed commission up to $3.50 per lot per side and low, raw spreads. Plenty of choice, whatever experience you have in trading.

Demo accounts are available for all accounts except Standard Cent.

The screenshot below highlights the differences between all the account types offered by Exness.

Exness Platforms and Tools

Exness is another renowned MetaTrader Broker, offering the popular MT4 and MT5 platforms by MetaQuotes, along with the MetaTrader 4 Multiterminal which is intended for simultaneous management of multiple accounts. Particularly helpful for those who manage investors’ accounts and for traders working with many accounts simultaneously. Exness also provides the Exness WebTerminal.

The platforms are available on Desktop, Mac OS, & Linux, iPhone & Android.

For mobile trading, Exness has the Exness Trader app as well as the Social Trading app for people who want to invest in other traders’ strategies.

Is Exness Mobile Friendly?

Exness is considered a mobile friendly platform as the broker’s mobile trading apps are compatible with both iOS and Android powered devices. With the Exness Trader app, traders will be able to do the following:

• Access interactive charts
• Access a large library of technical indicators
• Customizable charts
• View live news feeds
• View trading history
• View economic calendar

Exness Website

The Exness website has recently been updated and is a lot more user-friendly than it’s older version.

Navigating through the website, it’s easy to find information about their account types and contract specifications. They have also added an education section that provides users with training and advice on how to trade, market analysis, and risk management.

Exness Homepage 2020

The new site is clear and bold, it’s refreshing to see something different from a broker who does not follow the industry norm.

Exness provides clients with more than 160 trading instruments to choose from, covering Forex, Stocks, Indices, Cryptocurrencies, Energies, and Metals. The broker maintains tight spreads, flexible margin requirements and fast order execution.

Customer support service at Exness is multilingual and is available in 13 different languages, including Chinese, Vietnamese, Thai, Farsi, Arabic, Urdu and Nigerian. To communicate with the support team, traders can use live chat, email, social media or call them directly on the phone.

Traders at Exness have access to Trading Central technical analysis via WebTV. In addition, Exness also provides Tick history for their traders to ensure effective strategy testing. For trading education, Exness has a new department dedicated to training and learning.

Beginners and experts can visit the Exness Academy to top up their skills. They also provide free webinars and seminars for Exness clients with Q&A sessions with their trading experts. For newbie traders, the broker encourages education and training before placing real trades and provides support to those who need it.

Noteworthy Points to mention for Exness

They are one of only a few brokers that publish their financial reports online and are audited quarterly by Deloitte.

From our observation, Exness provides its clients with a good array of trading instruments and account choices, with decent trading conditions. Their customer service is great and easily accessible. And the addition of their educational section makes them a top player in the industry.