Exness Review – Reliability Guaranteed
Exness is a time-hardened forex brokerage with one of the most transparent price histories for its instruments in the industry. Out Exness review focused on rating the company from a complete or relative beginner’s viewpoint, therefore not all advanced features will be discussed in detail. However, knowing that some veterans are also in search of new brokers to sign up on, we will gloss over them very briefly.
The broker is currently licensed and regulated by the Financial Services Authority (FSA) of Seychelles, making it available for the majority of nationalities all over the world. Multiple countries have recognized the legitimacy of a license from Seychelles, therefore safety is more or less guaranteed with Exness.
The most unique features include Instant automated withdrawals, stable spreads across all instruments, and a beginner-friendly approach to their platforms and systems. Overall, Exness is a solid choice for anybody getting their feet wet with FX trading, as well as those with years of experience under their belt.
As for the trading features on Exness forex broker, they’re pretty much on-par with the relatively larger brands currently competing against them. The minimum deposit is as low as 10 USD, with leverage reaching a maximum of 1:2000 for FX pairs. For traders from Vietnam, the minimum deposit is $15. And when it comes to spreads, Exness may not have the best deal (0.3 pips floating spread), but it is still a relatively advantageous rate compared to the rates they have on other features we’ve just mentioned. But this is just a description of one of the two account types the broker has, which deserve a section of their own.
Exness Account Types – Simple & Easy
There are two account types you can apply for on Exness. They are the Standard account and the Professional account. Although they may seem self-explanatory in many ways, it’s best if we dive deeper into explaining the features in more detail.
Standard Account
Consider this account type the bread and butter of every trader, not just Exness traders. It’s the most common, and the most popular one as well. Most brokers are indeed rated based on what they offer on their standard accounts. In terms of Exness Standard account, here’s what you can expect:
- Leverage – 1:2000
- Minimum Dep – 10 USD
- Spreads – 0.3 pips floating
- Commissions – None
Professional Account
The Professional account at Exness FX brokerage is a bit different than what many veterans may be used to. It is split in 3 different parts with 3 different features. Those features are the following:
Raw Spread
- Leverage – 1:2000
- Minimum Dep – 200 USD
- Spreads – 0.0 float
- Commissions – 3.5 USD
Zero
- Leverage – 1:2000
- Minimum Dep – 200 USD
- Spreads – 0.0 float
- Commissions – 3.5 USD
Pro
- Leverage – 1:2000
- Minimum Dep – 200 USD
- Spreads – 0.1 float
- Commissions – None
- Instant executions
Exness Opinion – Final Verdict
Exness forex broker is a top-notch company with offers to suit everybody that signs up with it. It’s a high-end professional brokerage with all instruments required to see reasonable returns in the FX market.
Its leverage to spread ratio is among the most advantageous offers in the industry, helping it stand out from the competition. Any beginner or veteran trader looking for a new brokerage should consider signing up on Exness. Even though the broker doesn’t have a bonus offer, its minimum deposit requirements still make it accessible enough for everybody.
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