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Exness Review

Instant withdrawals and some of the highest leverage available anywhere.

4.5CySECFCAFSA (Seychelles)
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Min deposit
$10
Spreads from
0.0 pips (Zero/Raw Spread)
Max leverage
up to 1:Unlimited (Seychelles entity, lower-equity accounts); capped at 1:30 for CySEC/FCA retail clients
Commission
None on Standard/Pro accounts; about $3.50 per side per lot on Raw Spread and Zero accounts
Execution
Market maker / STP, varies by account type
Platforms
MT4, MT5, Web platform, Mobile app
Instruments
Forex, CFDs, Indices, Commodities, Crypto, Stocks
Tradable instruments
200+
Base currencies
USD, EUR, GBP, and 40+ other currencies
Payment methods
Bank transfer, Card, Skrill, Neteller, Crypto
Deposit fee
None
Withdrawal fee
None from Exness on standard methods; card issuer, bank, or blockchain network fees may apply
Inactivity fee
None
Education
Webinars, video tutorials, market analysis, and a structured learning hub (Exness Essential Learning)
Not accepted from
United States, Canada, and sanctioned/high-risk jurisdictions (e.g. Iran, North Korea, Syria) are not accepted. Exness (UK) Ltd (FCA) and Exness (Cy) Ltd (CySEC) do not currently onboard retail clients, so UK, EEA and Australian retail traders are not served; retail clients elsewhere are onboarded to the Seychelles, South African, Kenyan, Jordanian, BVI, Mauritian or Curaçao entities depending on residence.
Founded
2008
Headquarters
Limassol, Cyprus
Regulation
CySEC (178/12) — Exness (Cy) Ltd, FCA (730729) — Exness (UK) Ltd, FSA (Seychelles) (SD025) — Exness (SC) Ltd, FSCA (South Africa) (51024) — Exness ZA (Pty) Ltd, FSC (British Virgin Islands) (SIBA/L/20/1133) — Exness (VG) Ltd, FSC (Mauritius) (GB20025294) — Exness (MU) Ltd, CBCS (Curaçao) (0003LSI) — Exness B.V., CMA (Kenya) (162) — Exness (KE) Limited, JSC (Jordan) (51905) — Exness Limited Jordan Ltd
  • Demo account
  • Islamic account
  • Copy trading
  • Negative balance protection

Pros

  • Very low minimum deposit ($10) with no minimum on Standard/Cent accounts
  • Extremely high leverage (up to unlimited on smaller accounts via the Seychelles entity)
  • Fast deposits and withdrawals, often within minutes, with no Exness-side fees
  • Multi-regulated across CySEC, FCA, and FSA Seychelles with a long operating history since 2008
  • 24/7 multilingual customer support and a large educational content library

Cons

  • Narrower instrument range than many competitors, especially for stock and index CFDs
  • Unlimited leverage carries significant risk and is only available through the less-regulated offshore entity
  • Some users report withdrawal delays tied to extra verification checks
  • Copy trading and social features are more limited than dedicated copy-trading brokers

Account types

AccountMin depositSpreads fromCommission
Standard$10from ~1.0 pipsNone
Standard Cent$10from ~1.0 pipsNone
Pro$200from 0.1 pipsNone
Raw Spread$200from 0.0 pips~$3.50 per side per lot
Zero$200from 0.0 pips (major pairs)~$3.50 per side per lot

Regulation and safety of funds

Exness operates through multiple regulated entities rather than a single license. Exness (Cy) Ltd is authorised by CySEC in Cyprus (license 178/12), Exness (UK) Ltd is authorised by the UK's FCA (reference 730729), and Exness (SC) Ltd holds a Securities Dealer license from the Seychelles FSA (SD025). Additional entities cover South Africa (FSCA), the British Virgin Islands (FSC), Mauritius (FSC), Curaçao (CBCS), and Kenya (CMA). Which entity you're onboarded under depends on your country of residence, and this affects your maximum leverage and investor protections.

Clients under CySEC and FCA get segregated client funds and access to compensation schemes; clients under the Seychelles or BVI entities get much higher leverage but weaker regulatory backstops. Exness has operated since 2008 without major regulatory sanctions, which counts in its favour, but traders should understand which legal entity they are actually contracting with before depositing.

Fees and spreads

Exness runs five account types. Standard and Standard Cent accounts have no minimum deposit and no commission, with spreads from around 0.3-1.0 pips built into the price. Pro, Raw Spread, and Zero accounts typically require a deposit of roughly $200 and offer spreads from 0.0-0.1 pips, with Raw Spread and Zero charging a commission of about $3.50 per side per lot ($7 round turn).

There's no deposit fee, no inactivity fee, and no Exness-imposed withdrawal fee on standard payment methods, though bank wires and some card providers may pass through their own charges. Overall cost is competitive for forex majors but only middling for index and stock CFDs compared to specialist CFD brokers.

Platforms and tools

Exness supports MetaTrader 4 and MetaTrader 5 on desktop, web, and mobile, alongside its own Exness Trade mobile app and Exness Terminal web platform. The proprietary tools add conveniences like drag-to-modify stop-loss and take-profit levels and a built-in risk calculator, plus integrated TradingView charting with a large indicator library.

The proprietary platforms are easy to use but lag MT4/MT5 in advanced order types — there's no depth of market, OCO orders, or trailing stops on the Exness-built apps, so active traders who need those features should stick to MetaTrader.

Deposits and withdrawals

Exness supports bank transfer, bank cards, Skrill, Neteller, and several cryptocurrencies (USDT, BTC, ETH, USDC) for both deposits and withdrawals. Minimum deposit is as low as $10 depending on the method, and e-wallet or crypto withdrawals are typically processed within minutes once an account is fully verified.

Exness charges no deposit or withdrawal fee on its own side for standard methods; card issuers, banks, or blockchain networks may apply their own charges. Independent reviews and user feedback consistently rate withdrawal speed as a strength, though some traders report delays when additional identity checks are triggered.

Customer support

Support is available 24/7 through live chat on the website and inside the Personal Area, plus email and phone. Coverage spans more than a dozen languages, with round-the-clock English, Chinese, and Thai support specifically highlighted by Exness.

Trustpilot reviews (over 31,000 as of 2026) give Exness a 4.7/5 TrustScore, with about 89% five-star ratings; the most common complaints relate to account verification hurdles and occasional payment-processing friction rather than platform reliability.

Who is it for

Exness suits cost-sensitive retail traders who want a very low entry barrier, fast payouts, and access to MetaTrader with tight raw spreads. Its no-minimum Standard accounts make it approachable for beginners, while Raw Spread and Zero accounts serve more active traders who want lower per-trade costs.

Traders based in the US or Canada can't use Exness at all, and traders in the EU, UK, or Australia should expect leverage capped at 1:30 or similar rather than the eye-catching leverage figures marketed for offshore accounts. Anyone drawn purely by "unlimited leverage" headlines should understand that comes with materially higher risk of rapid account loss.

How to open an accountExness

Before you apply

Verification time
Documents typically reviewed within minutes to 24 hours
Minimum age
18+
Documents required
Proof of identity (passport, national ID, or driving licence, valid, with photo) plus proof of address (utility bill or bank statement, issued within the last 6 months); trading and withdrawing require full verification

Deposits and limited trading are possible before full verification, but withdrawals require completed KYC.

  1. 1

    Register an account

    Sign up on exness.com or in the Exness Trade app with an email address or phone number to create your Personal Area.

  2. 2

    Choose an account type

    Pick Standard or Standard Cent (no minimum deposit) for a low-cost entry, or Pro, Raw Spread, or Zero (from around $200) for tighter spreads and commission-based pricing.

  3. 3

    Verify your identity

    Upload a passport, national ID, or driving licence plus a proof-of-address document to unlock full account limits and withdrawals.

  4. 4

    Fund your account

    Deposit from $10 using a bank card, bank transfer, Skrill, Neteller, or crypto (USDT, BTC, ETH, USDC); most e-wallet and crypto deposits arrive in minutes with no Exness fee.

  5. 5

    Download a trading platform

    Install MetaTrader 4, MetaTrader 5, or the Exness Trade app, or trade directly from the Exness Terminal web platform.

  6. 6

    Start trading or try a demo first

    Open a free demo account to practise, or go live and place your first trade once your account is funded and verified.

Good to know before you start

Why you have to verify your identity

Why you have to verify your identity

Every regulated broker and exchange must confirm who you are before you can trade or withdraw. Expect to upload a passport or national ID and a proof of address under three months old (utility bill or bank statement). Most platforms approve documents within a few hours; a mismatch between your ID and the name on your payment method is the most common reason for delays.

How funding your account works

How funding your account works

Deposits by card or e-wallet usually land within minutes; bank wires take one to three business days and may carry a fee from your bank. Withdrawals go back to the method you deposited with, which is an anti-money-laundering rule rather than a platform choice. Start with the minimum, confirm a small withdrawal works, then scale up.

What to expect on your first trade

What to expect on your first trade

Open a demo account first if the platform offers one, then place a small live trade on a liquid market such as EUR/USD or BTC/USD. Check the spread, the commission and the swap before you confirm. Set a stop-loss on every position — losing a small amount quickly is the cheapest lesson in trading.

Fees and spreadsExness

Typical spreads

InstrumentAccountSpreadCommission
EUR/USDStandardfrom ~1.0 pipsNone
EUR/USDRaw Spread/Zerofrom 0.0-0.1 pips~$3.50/lot/side

Deposit & withdrawal fees

MethodDeposit feeWithdrawal feeProcessing time
Bank cardFreeFreeInstant deposit; withdrawal typically within minutes to a few hours
Bank wireFreeFreeInstant to 1 business day deposit; withdrawal 1-3 business days
SkrillFreeFreeInstant
NetellerFreeFreeInstant
Crypto (USDT/BTC/ETH/USDC)FreeFreeTypically within minutes, subject to blockchain confirmation

Trust & reputation

Trustpilot

4.7 / 5

31,187 reviews · source

No regulator warnings or enforcement actions found

What clients complain about

The large majority of Trustpilot feedback is positive, concentrated on fast deposits/withdrawals and platform reliability. Recurring negative themes involve account verification hurdles that delay a first withdrawal, occasional payment-processor friction on card deposits, and confusion among traders about which regulated entity (and which leverage cap) they were onboarded under.

Country availability

Accepts clients from

  • South Africa
  • Kenya
  • Nigeria

Not available in

  • United States
  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Poland
  • Australia
  • Canada
  • Iran

Based on the platform’s published terms and regional entities. Availability changes — confirm on the official site before opening an account.

About the company

Parent company
Exness Group
Founded
2008
Headquarters
Limassol, Cyprus
Countries served
130+ countries
Clients
600,000+ active clients

Contact & support

Support hours
24/7
Live chat
Yes
Languages
English, Chinese, Thai, and 10+ other languages
Address
Exness (Cy) Ltd, Porto Bello Business Center, 1 Siafi Street, Office 401, 3042 Limassol, Cyprus

Awards & recognition

  • Best Trading Conditions MEA

    2026 · Ultimate Fintech (UF) Awards, iFX EXPO Dubai

  • Best in Class for MetaTrader

    2026 · ForexBrokers.com Annual Awards

  • Best Broker MEA

    2025 · iFX EXPO Dubai

  • Most Trusted Broker MEA

    2025 · iFX EXPO Dubai

Frequently asked questions

Is Exness a regulated broker?

Yes. Exness operates through several regulated entities depending on your country, including Exness (Cy) Ltd under CySEC (license 178/12), Exness (UK) Ltd under the FCA (reference 730729), and Exness (SC) Ltd under the Seychelles FSA (SD025).

What is the minimum deposit at Exness?

As little as $10 on Standard and Standard Cent accounts, depending on your payment method. Pro, Raw Spread, and Zero accounts generally require around $200.

Can US residents trade with Exness?

No. Exness does not accept clients from the United States or its territories, or from Canada.

Does Exness really offer unlimited leverage?

Under the Seychelles-regulated entity, accounts with lower equity can access very high or effectively unlimited leverage. Leverage steps down as account equity rises, and clients under CySEC, FCA, or other retail-protection regulators face much lower caps, often 1:30.

How fast are Exness withdrawals?

E-wallet and cryptocurrency withdrawals are typically processed within minutes once your account is fully verified; bank wire withdrawals take longer, usually a few business days.

Does Exness charge fees on deposits or withdrawals?

Exness itself does not charge deposit or withdrawal fees on standard methods, though your bank, card issuer, or the blockchain network may apply their own charges.

Which trading platforms can I use with Exness?

MetaTrader 4, MetaTrader 5, the Exness Trade mobile app, and the Exness Terminal web platform.

Sources

  1. exness.com/regulation/
  2. get.exness.help/hc/en-us/articles/5204826954258-Official-communication-channels
  3. get.exness.help/hc/en-us/articles/360007782812-Electronic-Payment-Methods-EPS
  4. get.exness.help/hc/en-us/articles/17537772392732-Verification-document-requirements
  5. get.exness.help/hc/en-us/articles/360011677700-Trading-account-currencies
  6. get.exness.help/hc/en-us/articles/360008194992-Available-trading-platforms
  7. brokerchooser.com/broker-reviews/exness-review
  8. forexbrokers.com/reviews/exness
  9. trustpilot.com/review/exness.com
  10. get.exness.help/hc/en-us/articles/10823695421084-Country-restrictions-for-Exness-services
  11. financemagnates.com/thought-leadership/ifx-expo-dubai-2026-exness-recognised-for-best-trading-conditions-at-the-uf-awards-mea/
  12. cysec.gov.cy/en-GB/entities/investment-firms/cypriot/?beginswith=e
  13. bvifsc.vg/regulated-entities/exness-vg-ltd-0
  14. topbrokers.com/all-about-forex-brokers/exness-is-regulated/
  15. fxempire.com/brokers/exness
  16. investinglive.com/directory/brokers/exness/review/
  17. forexandtrading.co.ke/brokerage-reviews/exness-review
  18. capitarise.co.za/exness-review-south-africa/
  19. tic.co.tz/exness/
  20. jsc.gov.jo/

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