Are you looking for a reputable, quality trading platform that is suitable for your investment school? Do you want to know if Exness is as good as what many people say? Do you want to better understand the activities and services that Exness provides to customers? Please continue reading the following article shared by EX Trading to get the most objective Exness broker review.

Some basic information about the Exness Forex exchange

History of formation and development of Exness exchange

What is Exness? This is one of the world’s leading forex and CFD exchanges. Founded in 2008 in Russia by a group of experts in the fields of finance and information technology. Since its inception, Exness has continuously developed and expanded its scale of operations. The exchange is present in many countries and regions around the world, such as Europe, Asia, the Middle East, Africa, and Latin America. Currently, Exness is headquartered in Limassol, Cyprus.

According to the latest statistics, Exness has more than 500,000 customers from more than 190 countries and territories. With recent trading volume reaching more than 3000 billion USD. Exness is also one of the main sponsors of famous football teams such as Real Madrid. Demonstrate your commitment and reputation in the trading field.

Evaluate whether the Exness Forex exchange is reputable or not.

For Exness broker review  to be reputable or not, we need to consider the following factors:

Are Exness operating licenses issued?

Exness is one of the trading exchanges with many operating licenses issued by reputable regulatory agencies in the world, including:

• License No. 178/12 of the Cyprus Securities and Exchange Commission (CySEC). Allows Exness to operate within the framework of the Markets in Financial Instruments Directive (MiFID) of the European Union.
• License No. 00010/21 of the International Financial Services Commission of Seychelles (FSA). Allows Exness to operate as an international investment company.
• License No. 16/43/13.1.1.4/39.6.1/10217 of the State Bank of some countries. Allows Exness to act as an intermediary payment service provider.
• These licenses all prove that Exness complies with strict regulations and standards on safety, transparency, and protecting customer rights.

Exness broker review  through transparency and safety

Exness always strives to create a transparent and safe trading environment for customers. The exchange has implemented some of the following programs:

• Using the most advanced technologies to secure customers’ personal information and transactions. Such as SSL encryption, two-factor authentication, DDoS protection, and fraud detection.
• Store customer funds on segregated accounts at reputable banks, such as Barclays, OCBC, and RHB. Ensure that customer funds are not affected by the financial risks of the exchange.
• Participate in compensation and insurance schemes, such as the Cyprus Investment Compensation Fund (ICF) and the Professional Civil Liability Insurance Program.
• Publish financial and operational reports audited by independent audit firms, such as Deloitte and MAP Audit.

Exness broker policies and terms

Exness also has clear and fair policies and terms for customers such as:

• No hidden or unreasonable fees apply, such as transaction fees, account maintenance fees, withdrawal fees, or currency conversion fees.
• Allows customers to withdraw money quickly and easily, within seconds. Through a variety of payment methods. Including bank cards, e-wallets, or online payment gateways.
• 24/7 customer support through many communication channels, such as phone, email, online chat, or connecting via social networks.

Exness broker review  through activities and services

Overview Review of Exness broker interface

Exness has a simple, easy-to-see, and user-friendly website interface. The exchange’s website supports many languages, including English, to serve customers from many different countries and territories.

On the exchange’s website, you can find basic and detailed information about the exchange. Support account types, and diverse trading products. Payment methods, promotions, Exness bonus, market news, and analysis. As well as instructions and technical support.

What leverage does Exness offer?

The leverage ratio is one of the important factors when choosing a trading platform. Leverage allows you to trade with a larger amount of money than you have in your account. However, leverage also increases trading risk.

Exness is one of the exchanges with the highest leverage ratio on the market. Exness offers leverage from 1:2 to 1:2000 for different account types. Depending on the type of trading product, your level of experience, and your trading strategy, you can choose the leverage ratio that is right for you.

Is the Exness trading platform good?

A trading platform is an important tool for you to execute trading orders, monitor the market, do technical analysis, and update news. Exness offers customers a variety of trading platform options, including:

MT4 Exness

MT4 is the most popular trading platform in the world, favored by many traders for its stability, versatility, and ease of use. MT4 allows you to trade over 120 product types, including forex, precious metals, cryptocurrencies, indices, and commodities.

You can use technical analysis tools, such as charts, indicators, trend lines, and price patterns. Additionally, you can also use MT4’s advanced features. Such as one-touch trading, and automatic trading with trading robots (Expert Advisors). Or copy the trades of other traders (Copy Trading).

MT5 Exness

MT5 is an upgraded version of MT4, updated with many new features to support effective trading. MT5 allows you to trade more than 150 types of products. Including forex, precious metals, cryptocurrencies, indices, commodities and stocks.

You can also use technical analysis tools, such as charts, indicators, trend lines, and price patterns. Additionally, you can also use MT5’s advanced features. Such as one-touch trading, and automatic trading with trading robots (Expert Advisors). Or copy the trades of other traders (Copy Trade).

Exness Web Terminal

Web Terminal is an online trading platform developed by Exness specifically for customers. Web Terminal allows you to trade more than 120 types of products, including forex, precious metals, cryptocurrencies, indices, and commodities.

You can use technical analysis tools to support your trading. Like charts, indicators, trend lines, and price patterns. Additionally, you can use the convenient features of the Web Terminal, such as one-touch trading, voice trading, or setting up price alerts.

Does Exness offer a variety of trading products?

Exness is a platform that offers a variety of CFD financial trading products including crypto, forex, stocks, energy products, metals, and indices.

Cryptocurrency

Cryptocurrency trading products are digital currencies that are encrypted and operate on a decentralized network. The exchange allows you to trade the 7 most popular cryptocurrencies. Including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Tether and Binance Coin.

Forex

Forex trading products are currency pairs that quote the relative value of one currency unit compared to the unit of another currency in the forex market. Exness offers you more than 100 currency pairs to trade. Forex includes major, minor, and exotic currency pairs.

Stock

Stock trading products are securities issued by companies listed on stock exchanges. Exness allows you to trade CFD stocks of 81 major companies in the world such as Apple, Amazon, Facebook, Google, and Tesla.

Energy products

Energy trading products are natural energy sources used to produce electricity or run machinery. Exness allows you to trade energy CFDs on 6 types of non-renewable energy. Includes Brent oil, WTI oil, natural gas, coal, gasoline, and thermal oil.

Metal products

Metal trading products are chemical elements with metallic properties such as metallic luster, electrical conductivity, and thermal conductivity. The platform allows you to trade metal CFDs of 6 precious metals: gold, silver, platinum, palladium, copper, and nickel.

Indicators

Index trading products are statistical data calculated from the prices of a group of stocks. Or other assets to measure the performance of a specific market segment. Exness allows you to trade CFDs on 18 important stock indices in the world. Typically Dow Jones, S&P 500, Nasdaq, FTSE 100 and Nikkei 225.

See more: Experts reveal: An extremely effective Exness how to play

Exness account types and trading fees

To trade on Exness, you need to know about the account types and trading fees that Exness applies.

Main Exness account type

Exness offers two main account types including Standard and Professional. Each account type has unique conditions and features, suitable for different trading styles:

Standard account: This is the simplest and most accessible account type. Standard accounts include two types: Standard and Standard Cent. The account is commission-free, has spread from 0.3 pips, and leverages up to 1:Unlimited (depending on conditions). The minimum deposit amount depends on the payment system you choose.

Professional account: This is an outstanding account type and is recommended for experienced traders. The account has features such as instant order execution. Professional accounts include three types: Pro, Zero, and Raw Spread. Professional accounts have different commissions, spreads from 0 pips, and leverage up to 1:Unlimited (depending on conditions). The initial minimum deposit is from 200 USD (depending on the country of residence).

Exness transaction fees

Exness broker reviews transaction fees. Exness applies three main trading fees: commission fees, spread fees, and swap fees.

Commission: This is the fee that Exness charges when you open or close a trading position. Commission fees apply to Professional accounts only and depend on the financial instrument you trade.

Spread fee: This is the difference between the buying price and the selling price of a financial instrument. Spread fees apply to all accounts and depend on the financial instrument, trading time, and market conditions.

Swap fee: This is the fee you pay or receive when you hold a position overnight. Swap fees apply to all accounts (except Islamic accounts). Depends on the financial instrument, interest rates of central banks, and the number of days holding the position.

Exness platform for quick deposit and withdrawal services

One of the strong points of Exness broker review is the quick and convenient deposit and withdrawal service. Exness allows you to deposit and withdraw money using many different payment methods, including:

• Bank cards: You can use international bank cards such as Visa, Mastercard, and Maestro. Or domestic bank cards such as Vietcombank, Techcombank, ACB, and Sacombank. Deposit time is instant, withdrawal time is from 3 to 5 working days.
• E-wallets: You can use popular e-wallets such as Skrill, Neteller, Perfect Money, WebMoney, and Sticpay. Deposit and withdrawal time is instant.
• Online payment gateway: You can use online payment gateways such as PayTrust88, and Help2Pay. Deposit and withdrawal time is instant.
• Exness does not apply any fees for customers’ deposits and withdrawals.

Review of Exness about customer care and support services

Exness also has a professional and dedicated customer care and support team. You can contact Exness through many different channels, including:

• Phone: You can call the hotline to get questions or complaints answered.
• Email: You can email your questions to support@exness.com. Email service operates 24/7 and supports many languages, including some countries.
• Online chat: You can chat online with Exness staff on the website. Or via the Messenger app.
• Social network: You can follow the latest information about Exness. Through social networking channels such as Facebook, Instagram, Twitter, YouTube or Telegram.
• In addition, Exness also provides you with an FAQ (Frequently Asked Questions) area on its website. Where you can find answers to common questions about Exness. You can also find useful information about trading, analysis, and investing.

Exness broker review  about the pros and cons

Outstanding advantages when trading Exness

Exness has many outstanding advantages that make it the top choice of many traders, especially in some countries. Some advantages of Exness are:

• High reliability: Exness is a reputable and transparent exchange. Audited by independent auditing firms such as Deloitte and MAP S.Platis. Exness also publishes trading volume figures. Number of customers and withdrawal amount per month on the website.
• Flexible trading conditions: Exness has many account types for you to choose from, from Standard to Professional. You can trade with spreads as low as 0 pips. High leverage up to 1:Unlimited (depending on conditions). No commissions are charged for Standard accounts.
• Convenient trading platform: Exness supports the MT4 trading platform. You can download MT4 for free on desktop, and mobile or access MT4 online. You can use MT4 MultiTerminal to manage multiple MT4 accounts at the same time. Additionally, you can also use trading robots (EAs) to automate trading activities.
• Good customer support: Exness has 24/7 customer support in multiple languages. You can contact Exness via phone, email, online chat, or social networks.

Some disadvantages of Exness exchange

Although the Exness exchange has many outstanding advantages. However, some disadvantages cannot be avoided when reviewing Exness broker :

No separate trading platform: Exness only supports the MT4 trading platform. Therefore, Exness cannot be accessed with its separate trading platform. This may reduce the variety and creativity of features and trading tools. In addition, MT4 may also encounter some technical problems or be incompatible with some devices.

No promotions or training programs: Exness does not have many promotions or training programs for customers, especially in the UK. This may reduce customer appeal and commitment to the exchange.

Experience in trading effectively at Exness

To trade at Exness effectively. Here are some useful experiences for you.

The best trading time for traders in the UK

The best trading time for traders in the UK is when the market has great fluctuations and high liquidity. This is the time when there is important economic news. Or when there is overlap between trading sessions of different regions.

You can follow the economic calendar to see economic events that affect the market. You can also view the trading hours table to see when trading sessions start and end.

Exness broker reviews the best trading time for traders:

• From 14:00 to 17:00 (some country’s time): This is when the European trading session begins and the Asian trading session ends. This is a time of great volatility and high liquidity. Especially with currency pairs involving euros (EUR) or British pounds (GBP).
• From 20:00 to 23:00 (some country’s time): This is when the American trading session begins and the European trading session ends. This is the time when there is a lot of important economic news from the US. As well as interest rate decisions of the Federal Reserve (FED). This is a time of great volatility and high liquidity. Especially with currency pairs involving the US dollar (USD).
• From 2:00 to 5:00 (some country’s time): This is when the Asian trading session begins and the American trading session ends. This is the time when there is a lot of important economic news from Japan, China, Australia, and New Zealand.

You should choose the appropriate trading time for the financial instrument. You should also pay attention to other factors such as price range, slippage, order execution speed, and trading risk.

See more: Open Exness Account: Latest guide for new traders

How to take advantage of Margin and Stopout

Margin and Stopout are two important concepts in CFD trading. Margin is the amount of money you need in your account to open a trading position. Stopout is the price at which your trading position will be closed automatically when your account does not have enough Margin to maintain the position.

Margin and Stopout have a direct impact on your profit and risk when trading. You can take advantage of Margin and Stopout by:

• Use reasonable leverage: Leverage is the ratio between the amount of money you can trade and the amount of money you have in your account. The higher the leverage, the lower the margin, and vice versa. High leverage can help you increase profits when the market moves in the desired direction. But it can also increase risk when the market goes against it.
• Set Take Profit and Stop Loss: Take Profit and Stop Loss are two types of orders that help you pre-determine your desired profit and risk levels when trading. When the price reaches the Take Profit or Take Loss level. Your trading position will be closed automatically. Helps you preserve capital and limit risks.
• Track Margin and Stopout: Margin and Stopout are two important indicators that you should track when trading. You can view your Margin and Stopout on the MT4 Terminal window. You should maintain a high Margin to be able to open new trading positions. Or withstand market fluctuations.

Which Exness account type is right for you?

You should choose an account type that suits your experience, knowledge, goals, budget, and trading style. Below are some suggestions for you to choose the right Exness account type.

If you are a beginner in trading, you should choose a Standard or Standard Cent account. This type of account has the simplest and most accessible trading conditions, recommended for all traders.

If you are experienced in trading, you should choose a Professional account. This account type has outstanding trading conditions and is recommended for highly skilled traders.

If you are someone who wants to test new trading strategies or test trading robots (EAs). You should choose a Demo account. This type of account allows you to trade with virtual currency without fees or risks. You can open an unlimited number of Demo accounts. With the same trading conditions as real accounts.

Summary:

In this article, EX Trading has Exness broker reviews on outstanding features. As well as sharing experiences to trade effectively at Exness. Hopefully, this article has provided you with useful and interesting information about EX Trading. Wishing you successful trading with Exness!

FAQs:

Is Exness transparent?

Exness always strives to create a transparent and safe trading environment. By using the most advanced technologies to secure personal information and transactions. Store customer funds on different accounts. Publish audited financial and operational reports.

What is the Exness leverage ratio?

The leverage ratio at Exness is from 1:2 to 1:2000 for different account types.

Is Exness deposit and withdrawal fast?

One of the strong points of Exness broker review is the quick and convenient deposit and withdrawal service. The Exness platform supports a variety of different payment methods.