Exness

RegulationFSA (Seychelles), CBCS (Curacao), FSC (BVI), FSCA, CMA (Kenya), FCA, CySEC and ESMA
Trading softwareMetaTrader5
HeadquarteredOffice Address: Seychelles

Exness is a well-established broker since 2008. Exness has headquarters in Seychelles, Saint Martin, British Virgin Islands, South Africa, United Kingdom, European area, France, Nigeria and Brazil. Exness to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FSA (Seychelles), CBCS (Curacao), FSC (BVI), FSCA, CMA (Kenya), FCA, CySEC and ESMA.

In October 2018, the company decided to close its retail operations based in the UK and Cyprus due to a lack of competitiveness and other factors. Exness still operates in the UK and European Union in general, but only to offer financial services for professional institutions.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.

The safety of traders’ funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness’s ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn’t charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.