Exness review: Is it a legit or scam forex broker?

What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. MT4 WebTerminal platform with a focus to facilitate CFD trades and Future trading options on a wide range of financial markets. Exness offers easy deposits and withdrawals of funds. Demo version is offered for different types of accounts, with the exception of Standard Cent. At creation of the demo, the traders are given a virtual balance of US $10,000.

  • It offers 107 currency pairs including majors like USD/CAD, EUR/USD and GBP/USD.
  • The biggest difficulty is not opening an account, but verifying personal data.
  • Exness provides quick and quality support using various methods.
  • They send you a refund but you never get your profit withdrawals, they say your bank is rejecting the transaction.
  • Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard.

In my opinion, there is no platform scamming with such a small amount of money. Instead, Exness wants its customers to experience the best services with an amount of money that everyone can afford – just $1. Depositing money into the Exness trading platform is simple. You simply have to complete a single-user profile survey to begin depositing money into your trading account. You’ll have to give an identity proof and evidence of residency to deposit large sums. When you transfer money into your trading account by the bank account, a deposit fee can be billed by the broker.

The first kind of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you’re billed trading fees. In such instances, you’re paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker. The minimum deposit that you must deposit to begin on Exness is $1.


Block Jewel

You may utilize charting tools, EAs, and even a news feed embedded into the platform. Their MT4 is speedy, and it offers a lot of options. Leveraged traders may be concerned about their liabilities if they close a position with a negative figure. There is no requirement to put more money to offset the negative balance in such situations. Exness automatically sets the trader’s account value back to 0.

Commissions on the cryptocurrency market

I’m surprised, how bad their customer service and how they treat their customer like they give misleading information. You can access both via Web Trading or on other versions more suitable for your need, which is free from download or installation platform accessible via the browser. Above are some of the prominent features of this amazing broker. It has many more features like their ECN account; Exness provides a spread of practically 0 pips.

I special thank to company’s owner to provide local payment system for Indian… I spent a few days testing the desktop, web and mobile platforms provided by Exness. I found that the MT4 and MT5 platforms were like those offered by other brokers. The company’s own mobile trading application was also a good one since it is updated regularly and was very easy to use. Still, I was concerned about the company’s lack of a wire transfer option.

73% of retail CFD accounts lose money with this provider. Over the past 14 years, Exness has grown into one of the leading online brokers available to the public. Of course, there is no sure-fire way to guarantee profits; thus, you must carefully assess your agent before you select them. It’s a common misconception that all brokers will be the same, but that’s not correct. Wrong judgment, in the beginning, can set your investments at risk. Note that the content on this site should not be considered investment advice.

exness trustpilot

Customers from most other regions are accepted and can participate with a very solid broker that provides a very decent trading environment, superior spreads and a large selection of Forex pairs. Today, a large amount of traders have chosen Exness as their trusted broker, with their professional trading environment and support service. The company is also proud sponsor of the football team Real Madrid and their star player Cristiano Ronaldo. Payment methods – Exness provides several options of depositing funds, including mybux, USDT, Bitcoin, Bank Card, Neteller, Perfect Money, WebMoney, and Skrill. In my review, I used a bank card and the transaction took less than 10 minutes to complete. I found the Android version of the application to be very good and easy to use.

There are various accessible download links for both the MT4 and MT5 platforms. As for the drawbacks, the calculator does not provide the amount of all commissions on the trade, as, for example is done on RoboForex website. Noteworthy, the broker practically did not provide a functionality for data analysis. In particular, the website does not have any automatic signal generation system, which has long become a part of ‘basic package’ for brokers. Everything is quite modest in terms of relevant content, trading signals and technical perks.

Is Exness scam or safe Broker?

Thank you for taking the time to leave a review about Exness. We are a company that is constantly evolving and your feedback helps us in improving our offerings. We do hope that you will continue using our platforms so that we can deliver the exceptional service you deserve. Besides, for now European clients can not sign with Exneess so is better to choose European Broker like HFM. Lastly, the Professional ECN account features raw spread plus the commission per trade making it a good option for experienced traers.

Traders also have the liberty to enjoy internal transfers between accounts with equal ease and speed, thereby granting the Exness customers full control over their funds any time. If users face any issues, they can get in touch with the customer service team via live chat, phone or email. I am regular with exness since 2015, I never encounteted such problem but in 2022 after march. No live chats no support no email responses no call centeres. I am sorry to say once upon a time you guys were best but now you are getting worse.

exness trustpilot

We are also a community of traders that support each other on our daily trading journey. Exness support was pathetic, they intentionally manipulate spread and wipeout accounts and the same balance as my other broker accounts not wipeout. I had mailed almost 6-7 times but still have not gotten a reply.

Their support just replied me that the transaction is finished. They even now deleted my account with several hundred dollars left after I submitting negative review. I contacted exness again they still keep saying I should contact my bank. We have requested your details via Trustpilot’s Find Reviewer, if you could provide your information there such as your account number, we can check your account and look into this further.

Exness Review 2022

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically. Exness is the favourite of many online traders because of its negative balance protection. Our Exness account review found that they’re a professional platform for online trading solutions.

All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. This Exness review page contains information about investing with Exness.

exness trustpilot

Exness has a wide variety of over 100 instruments available for you to trade with. This Exness review breaks down each of the relevant non-trading charges for you in detail. In the following table we take the main parts of any good brokerage and compare Exness against freetrade, and easyMarkets.

I did my research and I’m suspecting that they are making me lose. Please aware of scammer, there are some telegram channel using Exness name to get money from people. You have to deposit money to have your funds released. They will not help you if you deposit small amounts. We’d like to apologize for the negative experience.

Most agents don’t charge too much money for this operation. In general, Exness doesn’t charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often trade, for example weekly or daily trading.

Offices located in Cyprus and the United Kingdom do not provide services to retail clients. As per our review 2022, Exness also has Exness Academy. Exness Academy has video tutorials, webinars, news from markets, information materials, and other educational material for traders to enhance their trading skills and trading ideas.

They keep saying I should send them my…

Many unethical brokers try to pressurise consumers into larger financing for superior services. Exness, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and https://broker-review.org/ transparent. The more lots traded by the consumer, the more benefits will come along. Exness’s social trading platform allows traders to share their expertise with others to build a community of investors and traders.

I tried depositing as little as $10 and the company accepted it. However, for professional accounts, the company has a minimum deposit of $200. A key strength of Exness is in the variety of products that it has. The company offers its products in almost all popular categories, including cryptocurrencies, currencies, metals, energies, stocks, and indices. It offers 107 currency pairs including majors like USD/CAD, EUR/USD and GBP/USD.

We also added American broker Interactive Brokers, one of the leaders on the stock market, to the table. In spring 2020, the broker announced exness company review the launch of trading of some instruments via CFD contracts. For now, the stock market is represented on the platform fragmentarily.