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Exness Trading Platform Review (2024)

An in-depth review of the Exness trading platform, covering its features, pros and cons, trading conditions, and whether it's the right choice for different types of traders.

2024-01-16
3 minutes
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Exness is a global forex and CFD broker that has been operating since 2008, serving over 400,000 active traders worldwide. This review goes over all aspects of the Exness trading platform to help you decide if it's the right choice for your trading needs.

Exness trading platform apps

Key Takeaways

  • Regulated by multiple tier-1 authorities including CySEC and FCA
  • Offers ultra-low spreads starting from 0.0 pips
  • Fast execution speeds with advanced technology infrastructure
  • Multiple trading platforms including MT4, MT5, and Web Terminal
  • Competitive trading conditions with leverage up to 1:2000

Trading Platforms and Tools

Exness provides traders with several platform options to suit different trading styles and preferences:

MetaTrader 4 (MT4)

The classic MT4 platform offers a familiar interface with all essential trading tools, including:

  • Advanced charting capabilities with 30+ technical indicators
  • Expert Advisors (EAs) support for automated trading
  • Custom indicators and scripts
  • Mobile trading apps for iOS and Android

MetaTrader 5 (MT5)

The more advanced MT5 platform includes additional features such as:

  • Economic calendar integration
  • Enhanced backtesting capabilities
  • More timeframes and analytical tools
  • Market depth information

Trading Conditions

Exness offers competitive trading conditions that cater to both beginners and professional traders:

Exness trading terminal

Account Types

Account Type Description
Standard Account Ideal for beginners with spreads from 1.0 pips
Raw Spread Account For experienced traders with spreads from 0.0 pips + commission
Pro Account For high-volume traders with institutional-grade conditions
Zero Account Commission-free trading with slightly higher spreads

Deposits and Withdrawals

Exness provides a wide range of payment methods with instant processing:

  • Bank cards (Visa/Mastercard)
  • Bank wire transfers
  • E-wallets (Skrill, Neteller, Perfect Money)
  • Local payment methods

Educational Resources

The platform offers comprehensive educational materials for traders of all levels:

  • Trading courses for beginners to advanced traders
  • Video tutorials and webinars
  • Trading guides and articles
  • Market analysis and daily updates

Pros and Cons

Advantages

  • Strong regulatory oversight and financial security
  • Competitive trading conditions with low spreads
  • Fast execution and minimal slippage
  • Wide range of trading instruments
  • Multiple platform options
  • 24/7 customer support

Disadvantages

  • Not available in some countries (including USA)
  • Limited range of educational materials compared to some competitors
  • High minimum deposit for some account types in specific countries

Safety and Regulation

Exness maintains high standards of security and regulatory compliance:

  • Regulated by CySEC, FCA, FSCA, and other authorities
  • Segregated client funds in tier-1 banks
  • Negative balance protection
  • Regular external audits

Customer Support

Support is available 24/7 through multiple channels:

  • Live chat with quick response times
  • Email support
  • Phone support in multiple languages
  • Comprehensive FAQ section

Final Verdict

Exness stands out as a reliable and competitive trading platform suitable for both beginners and experienced traders. The combination of low spreads, fast execution, and strong regulation makes it a solid choice for forex and CFD trading. While some limitations exist, such as country restrictions and minimum deposit requirements for certain accounts, the overall package offers excellent value for most traders.

Who Should Choose Exness?

  • Forex traders looking for competitive spreads and fast execution
  • Algorithmic traders who need reliable EA support
  • Beginners who want a user-friendly platform with good educational resources
  • Professional traders seeking institutional-grade trading conditions

Before opening an account with Exness, ensure that the platform is available in your country and that you understand the risks associated with forex and CFD trading. As with any financial decision, it's recommended to start with a demo account to familiarize yourself with the platform and trading conditions.

Three Investeers Team

Written by Three Investeers Team

Expert traders and educators passionate about making trading accessible to everyone.