Exness is an online Forex and CFD broker founded in 2008. It provides traders with access to a wide range of financial assets including currencies, metals, cryptocurrencies, energies, and indices. With its advanced technology and multilingual customer service, Exness has quickly become a prominent name in the industry. However, before deciding to trade at any broker, traders need to evaluate its reputation. Follow the article below from BlogTrading to find the answer to this question.
What is Exness?
Exness is a leading CFD trading platform, offering a wide range of products including cryptocurrencies, Forex, stocks, energies, metals and indices. Founded in 2008 in St. Petersburg, Russia, Exness has undergone significant growth and moved its headquarters to the Czech Republic. After more than 15 years of operation, Exness has grown into an international group with four main subsidiaries: Exness (SC) Ltd, Exness B.V, Exness (VG) Ltd, Exness ZA (PTY) Ltd and Tadenex Limited.
Exness places great emphasis on transparency in all its operations, which is clearly demonstrated by the regular publication of independent audit reports. The platform has partnered with Deloitte (a Big Four) the world’s leading auditing firm, to conduct financial assessments. In addition, Exness is flexible in working with other independent auditing firms, depending on the specific requirements of each geographic area or legal regulations. This cooperation reinforces Exness’s commitment to integrity and transparency, providing investors with peace of mind when trading on the platform.
Exness Licenses
One of the core factors to assess the legitimacy and reliability of any trading platform is the licenses they possess. Up to now, Exness and its subsidiaries have been licensed by many of the world’s leading financial regulators, demonstrating their commitment to transparency and compliance with strict regulations:
FSA
The FSA is the authority responsible for licensing, supervising and developing non-bank financial services in Seychelles. This license is used by brokers to serve global clients due to its relative flexibility compared to higher level licenses.
CBCS
The CBCS is the main financial regulator of the two constituent countries of Curaçao and Sint Maarten. Central bank licenses are more stringent in nature than some other financial services authorities, particularly in relation to banking and broader financial activities.
FSC
The BVI FSC is the primary regulator that supervises and inspects all financial services in the British Virgin Islands including insurance, banking, trust business, company management, and fund operations. An FSC license ensures that the company operates in compliance with certain regulations.
FSC
The Mauritius FSC is the integrated regulator for the global non-banking financial services sector in Mauritius. A license from the FSC is chosen by many forex brokers due to its competitive regulatory environment, demonstrated compliance with international regulations and a certain level of investor protection.
FSCA
FSCA is a statutory regulator that monitors market conduct in relation to the provision of financial products and services in South Africa. The FSCA license shows that Exness complies with the specific regulations of South Africa, a developing market with increasingly stringent consumer protection requirements.
FCA
The FCA license is considered the “gold standard” in the financial services industry, requiring companies to comply with strict regulations on customer protection, capital management and transparency. Exness’s possession of an FCA license (even B2B) shows that the broker meets high standards of financial management and reporting.
CySEC
CySEC is a reputable and well-known regulator in the forex industry, with regulations that comply with the European Union’s MiFID (Markets in Financial Instruments Directive). The CySEC B2B license is similar to the FCA B2B, showing that Exness complies with the EU’s high standards in business-to-business transactions.
Exness Achievements
Exness has consistently published financial and operational reports to maintain transparency. 2023 was an impressive year for Exness as it continued to break records in trading volume and won many awards. In February 2023, Exness surpassed the $3 trillion mark in monthly trading volume. By December 2023, the total trading volume had reached over $3.6 trillion, averaging $3.7 trillion for the year. December 2023 recorded 685,374 active clients.
Exness has also received many prestigious awards from prestigious organizations:
- New Zealand financial magazine honored Exness with the following awards: Best Trade Executions, Best Order Management and Best Mini Broker.
- Financial Markets Expo, Cairo, 2021: Best Customer Support and Premium Loyalty Program Award.
- Dubai Expo, 2021: Most Innovative Broker.
- Traders’ Summit, 2021: Most People-Centric Broker and Global Broker of the Year.
- Jordan Financial Expo and Awards 2023: Broker of the Year.
- FMAS 2024: Best Multi-Asset Broker and Most Trusted Broker in Africa.
- Cyprus Responsible Business Awards (RBA) 2024: Exness’ CSR team received 5 awards including gold for firefighting initiatives and public-private partnerships.
- UF Awards 2025: Best Broker in LATAM takes place within the framework of iFX EXPO LATAM 2025.
- Smart Vision Summit Oman 2025: Most Trusted Multi-Assets Broker and Best Copy Trading Program.
- FMAS 2025: Best Multi-Asset Broker – Africa and Most Reliable Broker – Africa.
Exness Security and Safety
Exness not only focuses on regulatory compliance but also invests heavily in high-tech security measures, ensuring the safety of client funds and data.
Exness has been hacked
Around April 2016, Exness experienced a series of DDoS (distributed denial of service) attacks. As a result, the platform experienced operational disruptions, affecting access to Exness trading terminals and websites, causing inconvenience to users.
However, Exness’s team of experts responded extremely quickly. They detected and fixed the attacks within 24 hours. More importantly, despite the temporary impact on the trading experience, no personal information or funds or assets of users were leaked or lost. This demonstrates Exness’s strong commitment to prioritizing the protection of customers’ assets and information, turning the security challenge into a testament to Exness’s responsiveness and reliability.
Security Upgrade
In addition to standard account security layers such as Google Authenticator, SMS verification codes and email verification codes, Exness goes further in strengthening cybersecurity. Exness regularly holds “bug bounty” competitions with attractive rewards, up to tens of thousands of dollars for each event. Through these competitions, the group invites “white hat” hackers and security experts from all over the world to join in searching for vulnerabilities and security errors on Exness Global Limited’s website, services and applications. This proactive approach helps Exness detect and fix potential weaknesses early, demonstrating its commitment to ensuring a safe and secure trading environment.
Insurance Policy
Exness is a member of the Financial Commission, an independent international organization that resolves disputes in the financial services industry. This provides users with significant peace of mind, as the Financial Commission acts as a neutral third party in the event of a dispute. They will resolve the matter quickly, fairly and efficiently, ensuring that all parties involved receive a satisfactory answer.
To further protect clients, the Financial Commission maintains a compensation fund funded by the allocation of 10% of the monthly membership fee. This fund provides coverage of up to €20,000 per client in the event of a dispute that is proven to be the broker’s fault.
Exness Highlights
So what makes Exness different and attracts millions of traders to it? Here are the highlights that have positioned Exness among the top brokers in the market:
Providing essential knowledge and news
Exness is not only a broker but also a resource center for investors. The platform owns an official blog that updates hot news in the financial market and provides a valuable knowledge base. From basic concepts to in-depth analysis, Exness helps users save time searching for reliable sources of information to hone their skills and grasp the market effectively.
Friendly, multilingual interface
Exness is highly appreciated for its simple, intuitive and easy-to-use interface. With a dominant black and white color scheme and a reasonable layout, this platform avoids information overload, making it easy for users, especially newbies, to operate. In particular, Exness has full Vietnamese support, from the platform interface to customer care services, bringing convenience to Vietnamese users.
High Trading Volume and Outstanding Liquidity
With its huge trading volume, Exness affirms its position as a highly liquid Exness platform. In January 2023, the platform attracted more than 414,502 active users with a total trading volume of up to 2,822 trillion USD. In addition, the withdrawal of 1,134 billion USD in Q4 2022 further strengthens the confidence in Exness’s transaction processing capabilities and abundant liquidity.
Diverse payment options and superior deposit/withdrawal speed
Exness stands out with its automated payment system, allowing withdrawal transactions to be processed in just a few seconds, even on weekends. This exchange also supports many flexible deposit/withdrawal methods, meeting the diverse needs of customers, including: Internet Banking, cryptocurrencies (TRC20, ERC20), Visa/Mastercard credit/debit cards, e-wallets (Neteller, Skrill,…), bank transfers (Bank/Wire Transfer),… Notably, most withdrawal transactions at Exness are free or commission-free, helping to optimize profits for investors.
Flexible and Competitive Leverage
High leverage is one of the main attractions of Exness, especially for traders who prefer the “hit it fast – win big” strategy. Exness offers leverage up to 1:infinite (unlimited) for certain accounts and conditions.
However, the specific leverage will vary depending on the type of trading instrument and the deposit amount. Leverage tends to decrease with higher initial deposits. Additionally, certain asset groups have fixed leverage:
- Cryptocurrencies: Fixed at 1:400 for major pairs (BTC/USD, ETHUSD, LTCUSD, BCHUSD, BTC/KRW, BTC/JPY) and 1:20 for other Altcoins (BNBUSD, DOTUSD, SOLUSD, ADAUSD, DOGEUSD,…).
- Stocks: Fixed at 1:20.
- Energies: Fixed at 1:20 (USOIL, UKOIL, XNGUSD).
- Indices: Fixed at 1:100.
Flexible Commissions and Spreads
At Exness, commissions and spreads are flexible, depending on the account type and trading product. Some account groups do not charge commissions, only applying small spreads that vary depending on the trading instrument. Meanwhile, other account groups may apply commissions from 0.35 USD/way, providing diversity to suit each trader’s strategy.
Free VPS Hosting
To ensure fast execution speed and high reliability, Exness offers free VPS (virtual private server) hosting. This service protects trading from potential internet interruptions, ensuring continuous and stable operation even when the network connection is down.
Comprehensive Price History
Exness is committed to transparency by providing clients with access to a detailed historical price data archive. Investors can easily visit https://www.exness.com/tick-history/, select the desired instrument and time period, and download a zip file containing historical bid/ask price data. This feature is a great aid for analysis and testing of trading strategies.
Exness Trading Accounts
Exness offers a wide range of account types to suit different types of traders, from beginners to experts. The platform currently has a total of 5 account types, divided into 2 main groups: Standard (Standard, Standard Cent) and Professional (Raw Spread, Zero, Pro).
| Criteria | Standard | Standard Cent | Raw Spread | Zero | Pro |
| Object | All traders, especially for beginners | Newbie, wants to make small volume trades | Professional trader | Professional trader, prefers 0 spread | Professional trader, prefers fast order execution |
| Currency unit | USD | Cent (eg: 10 USD = 1000 Cents) | USD | USD | USD |
| Minimum deposit | Low (method dependent) | Low (depends on method) | 200 USD | 200 USD | 200 USD |
| Trading products | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy | Forex, metals | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy (including 30 major stocks) |
| Commission fee | No | No | 0.25 – 3.5 USD/lot/side (except stocks) | From 0.2 USD and up | No |
| Spread | Volatile, competitive | Volatile, competitive | From 0 pips and up | Almost 0 pips on 30 major instruments (95% of the time) | Low, stable |
| Maximum leverage | 1: Unlimited | 1: Unlimited | 1: Unlimited | 1: Unlimited | 1: Unlimited |
| Order matching | Market | Market | Market | Market | Instant |
Exness Trading Products
Although not the broker with the most diverse asset portfolio on the market, Exness still provides a full range of popular, widely traded assets, meeting the needs of most investors:
- Forex: Exness offers more than 100 currency pairs to trade, including major pairs, minor pairs and exotic pairs. Exness’s strength lies in its competitive spreads (differences) of around 0.3 pips on standard accounts, even 0 pips on professional accounts, helping to optimize transaction costs for investors.
- Stocks: With around 100 popular stocks from major corporations such as Amazon (AMZN), Tesla (TSLA), Verizon, Visa, and PepsiCo, Exness offers access to leading companies. While the portfolio may not be as extensive as some stock-specialized brokers, the stocks offered are all popular names in the market.
- Commodities: Exness supports trading in some basic commodities such as gold, silver, and crude oil. However, the platform does not offer agricultural products such as wheat, coffee, or natural gas. Therefore, if investors have a need to trade these specialized commodities, Exness may not be the optimal choice
- Cryptocurrencies: Investors can trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP). This portfolio is enough to meet the needs of new investors or those interested in large-cap, highly liquid digital currencies.
- Indices: Exness offers 10 major indices in the world including FTSE 100, S&P 500 and Dow Jones Industrial Average. Although the number of indices is not too large, these are all important indices, showing the strength of major economies, providing opportunities for investors to diversify their portfolios.
Exness Trading Platforms
Exness offers a rich ecosystem of trading platforms to suit everyone’s needs and preferences:
MT4 and MT5
Exness supports the world’s two most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both are available on PC, web and mobile applications, integrating advanced functions such as copy trading, automated trading.
| Features | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
| Trading tools | Over 200 tools | Over 200 tools |
| Indicator | 50 indicators | 38 indicators |
| Analysis tools | Not mentioned (built into indicator) | 22 analysis tools |
| Chart type | 3 types of charts | 3 types of charts |
| Time frame | 9 default timeframes | 21 timeframes (default and custom) |
| Pending order type | 6 types (Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss) | 8 types (add Buy Stop Limit, Sell Stop Limit) |
| Maximum leverage | 1:Unlimited | 34:20:00 |
| Account | Standard, Standard Cent, Zero, Raw Spread, Pro | Standard, Standard Cent, Zero, Raw Spread, Pro |
| Asset | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy | Forex, Cryptocurrency, Indices, Stocks, Metals, Energy |
| Spread | Low from 0.0 pips | Low from 0.0 pips |
| Commission | May apply depending on account type | Starting from 0 (depending on account type) |
MT5 is an upgraded version with more professional features and more diverse time frames than MT4. However, MT4 still meets the needs of most traders thanks to its stability and familiarity. MT4 and MT5 accounts are separate, you need to open a corresponding account if you want to trade on that platform. If you do not want to download the application to your device, you can use WebTerminal to trade directly on the web browser.
WebTerminal
WebTerminal is an effective solution from MetaQuotes, allowing users to access and trade directly on the MT4, MT5 platform via a web browser. This saves time and does not require software installation on computers or mobile devices. With cross-platform compatibility, WebTerminal works smoothly on all operating systems and devices, from Windows, macOS to Android, iOS.
Exness Terminal
Exness Terminal is a proprietary trading platform developed by Exness itself (not a third party like WebTerminal). The platform has an intuitive, user-friendly interface with essential features such as watchlists, one-click trading, and powerful charts powered by TradingView.
- TradingView Charts: 50 drawing tools, 100 indicators, 9 timeframes and 7 chart types.
- Order types: Supports market orders and full range of pending orders.
- Features: Market sentiment indicator, helping investors grasp the buy/sell order ratio of other traders.
However, currently Exness Terminal is only integrated with MT5 accounts.
Exness Trade App
A mobile version of Exness Terminal, Exness Trade App is designed specifically for traders on the go. It offers a user-friendly experience, integrating all the necessary features from fund management, market news analysis to trade execution and management right on your mobile phone. Exness Trade App is available on the Apple App Store and Google Play Store.
MT Mobile
MT Mobile is the official mobile application of MetaQuotes, supporting both MT4 and MT5 platforms, allowing traders to execute buy and sell orders, monitor price charts, use technical analysis tools, and manage accounts on their phones or tablets. The application is designed with a friendly interface, easy to use and optimized for iOS and Android operating systems. Thanks to that, users can monitor market fluctuations and respond promptly to trading opportunities while on the go, improving investment efficiency and not missing important moments.
Social Trading
Exness Social Trading is an ideal platform for those who do not have much knowledge or experience in trading. The popular “copy trade” feature allows investors to automatically copy the orders of experienced traders. This helps users increase their chances of winning and learn from the best, without having to do in-depth market analysis themselves.
How to Register and Verify Exness
To start trading on Exness, investors need to register an account and verify their identity (KYC). This process is quite simple, researched to ensure account security.
Register an Exness account
Investors can register an Exness account through the website or mobile application:
On the Exness website
- Step 1: Go to the Exness homepage at: https://www.exness.com/vi/.
- Step 2: In the right corner of the screen, click on the “open account” tab.
- Step 3: Fill in the necessary information such as selecting the country/region, email address, secure password, select “continue”.
- Step 4: At this step, the screen will display two options: “demo account” and “trading account”. If you want to practice without risk, choose “demo account” with 10,000 USD virtual money.
On the Exness app
- Step 1: Download the Exness app to your phone from the App Store (iOS) or Google Play Store (Android).
- Step 2: Open the app and follow the on-screen instructions to register an account, the process is similar to the website.
KYC Verification Guide
After registering an account, identity verification is required to be able to deposit/withdraw funds and trade without limits.
- Step 1: After successful registration, investors will be redirected to the “my account” page, select “become a real trader”.
- Step 2: Select to send the code via email. Check your inbox (possibly including spam/junk folder), enter the 6-digit code you received and click “continue”.
- Step 3: Enter your phone number and select “send me code”. Enter the 6-digit code sent to your phone and select “continue”.
- Step 4: Fill in all required personal information (date of birth, address, …). Then select “continue” and then “complete verification”.
The above steps are just to complete the basic verification. To remove deposit/withdrawal limits and enhance security, you need to continue with the advanced verification step:
- Step 5: You will be asked to answer some questions related to your trading experience and purpose of using the account. Answer these questions and select “continue”.
- Step 6: This is the most important step in the KYC process, investors need to provide documents to verify identity and address including country name, type of document, upload required documents.
Document verification takes 3 to 7 minutes, but in some cases it can take up to 24 hours. While waiting for full verification, you can still deposit up to $2,000, trade, and withdraw profits.
Exness Deposit and Withdrawal Regulations
Exness only accepts payments made from the client’s own account. This means that Exness does not accept payments from third-party accounts to protect the safety of both the client and the exchange. Exness offers a variety of payment methods to facilitate users. However, to ensure safety and compliance, traders need to note some important terms regarding deposits and withdrawals.
Deposit Rules
When depositing funds into your Exness account, please keep the following points in mind:
- Make sure your Exness trading account is verified before depositing.
- The first deposit amount must be equal to or higher than the minimum deposit required for your chosen account type. This may vary between Standard and Professional accounts.
- Regardless of the payment method, double check to ensure that you have not entered the wrong account number or any other personal information.
- Account deposit time 24/7, flexible transaction management.
Withdrawal Rules
Withdrawals at Exness also have their own rules to ensure safety and transparency:
- Investors can withdraw funds at any time, in an amount that does not exceed the available margin in the account.
- Withdrawals can only be made via the same payment method used to deposit funds into the account.
- If multiple payment methods have been used to deposit funds into the account, the amount withdrawn via each of those payment systems will not exceed the amount deposited via that same method.
Disadvantages of Exness
Despite its many outstanding advantages, Exness also has some disadvantages that traders need to consider:
- Complicated account creation process: Exness can make it difficult for new users to register an account due to the rather thorough verification steps. However, this is also a plus point in terms of security, especially with features such as automatic deposits and withdrawals, helping the platform comply with anti-money laundering regulations and minimizing risks for traders later.
- Risk of temporary account blocking: If you make large deposits (e.g. $1 million in a day), your account may be blacklisted for suspected money laundering. Exness will temporarily block your account for a few days to verify the source of funds before reopening it.
- High Slippage During Important News: Although Exness spreads are quite stable, during important economic news, slippage can increase. This sometimes makes stop loss orders less effective.
- Leverage reduced to 1:200 before important news: To limit risks for both traders and the platform, Exness will automatically adjust leverage to 1:200 15 minutes before important economic news is released. This may affect the strategies of traders accustomed to using high leverage.
Conclusion
The above are detailed reviews of the Exness platform compiled by BlogTrading to provide investors with the most comprehensive view. Hopefully, this information will help you make accurate and appropriate trading decisions. Always remember that although the forex market can bring attractive profits, it also comes with a significant level of risk. Thorough research and effective capital management are always the keys to protecting assets.
