Exness has been active in the Forex market since 2008. It ensures its activities in the legal field in more than 130 countries around the world, strictly observing the legislative norms of all jurisdictions in which it operates. In addition, the broker is a permanent member of the Financial Commission, which provides a compensation fund that covers up to 20,000 euros per person in case of force majeure. Exness holds leading positions in various Forex ratings and regularly receives industry awards. For example, the company was awarded the title of "Best Broker" in the Best Mini Broker nomination according to the World Finance Awards.

The company's monthly trade turnover is 325.8 billion USD. Exness offers a wide range of trading instruments, including CFDs on cryptocurrencies, stocks, more than 120 currency pairs, energy resources and metals.

Favorable working conditions have been created for traders: low commissions, instant execution of orders and prompt withdrawal of funds. The company provides several account opening options to meet the diverse needs of traders. A demo account is also available, which is a useful tool for both beginners and experienced traders who want to test their strategies without the risk of losing real funds.

Trading Tools

Exness is distinguished by a wide range of tradable instruments that meet different preferences and strategies of traders. The company offers the opportunity to trade commodities, including precious metals and energy, which allows traders to diversify their portfolios and reduce risks. In the foreign exchange market, Exness provides a wide range of currency pairs, including major, minor and exotic currencies, which opens up opportunities for participation in various market segments.

Cryptocurrency lovers can trade a variety of cryptocurrency pairs without possessing real digital assets, which allows them to use the volatility of the cryptocurrency market without having to store cryptocurrencies. The inclusion of indices, stocks and options further expands trading opportunities by giving traders access to different market segments and the ability to apply different strategies.

Exness's commitment to such a variety of trading instruments allows traders to diversify their portfolios, adapt to changing market conditions and apply a wide range of trading strategies to achieve their financial goals. Thus, Exness provides everything necessary for successful trading and helps traders effectively manage their investments.

Trading Platforms

Exness provides a variety of trading platforms to meet the different needs of traders. These platforms offer an extensive set of features, a user-friendly interface and compatibility with various devices, which guarantees uninterrupted trading.

• Mobile trading Applications

Exness offers mobile applications, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), for Android and iOS. These apps allow traders to access their accounts, execute trades and monitor market changes on the go. Mobile applications provide full functionality similar to desktop versions, providing convenience for active trading regardless of location.

• Web trading

Exness provides a web platform accessible directly through a web browser. This platform is convenient and accessible without requiring the installation of additional software. The web platform provides all the necessary tools for market analysis and trading, which makes it ideal for those who prefer to trade from various devices without the need to install programs.

• Desktop platforms

Exness supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) desktop platforms. These platforms are known for their powerful charting tools, technical indicators and algorithmic trading capabilities. MT4 and MT5 offer advanced manual trading capabilities and allow you to create and use trading robots and scripts to automate trading processes.

• Charts and additional features

Exness's MT4 and MT5 platforms provide advanced charting tools, customizable technical indicators and an intuitive interface. Traders can use these platforms for manual and algorithmic trading, as well as for copying trades using various plug-ins and additional functions. The platforms support the analysis of large amounts of data and provide many tools for technical analysis, which makes them suitable for traders of all levels.

Exness offers traders a wide range of trading platforms that meet different needs and preferences, providing flexibility and convenience of trading in any situation.

Types of accounts

Exness offers a comprehensive set of five different account types to meet the diverse needs of traders. These accounts — Standard Cent, Standard, Pro, Zero and Raw Spread — offer a wide range of features suitable for different levels of experience and trading preferences. Whether you are a beginner who wants to test strategies on small volumes, or an experienced trader aiming for ultra-low spreads, Exness provides solutions to expand your trading experience.

• Standard Cent

The Standard Cent account is designed for beginners, allowing them to trade smaller volumes of cent lots to test strategies. It offers stable spreads, reliable execution and no commissions, which makes it an ideal launching pad. The account provides access to 36 trading instruments, allowing beginners to gradually gain experience in real market conditions.

• Standard

The Standard account is suitable for both beginners and experienced traders. It is characterized by the absence of minimum deposit requirements, stable spreads and more than 120 trading options. This universal solution allows traders of all levels to enjoy the flexibility and simplicity of trading without additional financial barriers.

• Pro

The Pro account is aimed at experienced traders and offers unlimited orders, smaller volumes and low spreads starting from 0.1 pips. This type of account provides professional trading conditions, giving traders the opportunity to effectively manage their positions and use a variety of strategies.

• Zero

The Zero account is designed for market execution and provides zero spreads on leading instruments for 95% of the day. This makes it ideal for the use of trading advisors (robots) and those who seek to minimize trading costs. Zero offers unique conditions for traders who value accurate execution and minimal spreads.

• Raw Spread

The Raw Spread account, designed for experienced traders, boasts ultra-low and stable spreads with a fixed commission per lot. It offers no position restrictions and market execution. This type of account is designed for those who are looking for the best market conditions with minimal costs.

Thus, Exness provides a variety of accounts that meet the different needs and preferences of traders, providing flexibility, convenience and excellent trading conditions.

Commissions and fees

Exness does not set minimum deposit requirements, which allows traders to start with the amount that corresponds to their financial situation. However, traders should consider the possible minimum transaction amounts set by their payment providers. This provides flexibility and accessibility for novice traders. Exness uses a variable spread model for its trading instruments, and the spread values may vary depending on market conditions and account type. This dynamic approach allows traders to effectively manage their trading expenses by choosing the most appropriate conditions for their strategy. 

The fee for trading CFDs depends on the selected account type. Some accounts have fees, but Exness offers zero spreads for certain accounts, which makes CFD trading more accessible and profitable.

Forex trading in Exness is mainly related to spreads. The company is known for its competitive spreads, which can help traders minimize trading costs. Competitive spreads make Forex trading a cost-effective choice.

Exness does not charge a fee for account management. This allows traders to save their funds and not worry about the additional costs associated with account maintenance. It is also important to clarify that Exness does not charge for inactivity. This is a significant advantage for those traders who may not trade regularly and want to avoid additional costs.

In this way, Exness provides flexibility and transparency in terms of commissions and fees, offering competitive conditions for its traders. Despite the lack of some details, Exness does its best to provide traders with convenient and profitable trading conditions. Traders are advised to contact customer support to obtain the most complete and up-to-date information about all commissions and fees.

Three main competitors were selected among the existing brokers to analyze trading commissions: Exness, RoboForex and Pocket Option. Each broker was evaluated according to the level of commissions, and the results showed the following:

Exness is characterized by an average commission of $4.25, which classifies it as a broker with a high level of trading fees. This may be due to the provision of a number of professional services and a variety of trading tools, which makes it suitable for experienced traders who are willing to pay for a high level of execution and security. 

As a result, the choice of a broker depends on the individual priorities of the trader: Exness is suitable for those who value quality and are willing to pay for it.

Safety

Exness operates as a regulated broker, providing a secure trading environment for its clients. The broker's obligations to prevent fraud and ensure the safety of funds underline its commitment to protecting traders. Exness applies strict anti-Money Laundering (AML) and Know Your Customer (KYC) procedures to verify the identity of its customers and prevent illegal activities. These measures include the use of advanced technologies to monitor and detect suspicious activity, which allows you to maintain the integrity of your trading environment. Additionally, Exness uses multi-factor authentication to protect customer accounts from unauthorized access, which significantly increases the level of security.

Exness maintains segregated accounts, which means that customer funds are kept separate from the broker's operating funds. This ensures that client funds will not be used for the company's commercial operations. Segregated accounts are an important practice to ensure the security of clients' funds, as they protect them from possible financial problems of the broker.

Exness is subject to regulation by reputable financial authorities, which requires the company to adhere to strict financial standards. These standards include maintaining sufficient capital reserves to protect customer funds and ensure the financial stability of the company. The regulation also provides for regular audits and inspections, which helps to maintain a high level of transparency and trust in the broker.

In this way, Exness demonstrates its commitment to ensuring the safety and security of traders through strict fraud prevention measures, reliable protection of client funds and compliance with all regulatory requirements. These efforts are aimed at creating a safe and reliable trading environment for all customers.

Conclusion

Based on comparison with other brokers in the market, Exness represents a highly competitive participant due to a number of key features. Exness offers a variety of trading platforms, including Exness Trade Terminal, mobile applications, MT4 and MT5. This provides traders with flexibility and the ability to choose the right platform for their trading strategies, which TeleTrade or Pocket Option cannot boast of. With a minimum deposit of only 1 USD, Exness makes the financial threshold for entering the Forex market extremely affordable, which is especially attractive for beginners and traders starting their way in investments, especially considering the fact that on platforms such as RoboForex and Forex Club the minimum deposit is 10 USD, and for example on Pocket Option it is already 50 USD.

Exness stands out from the competition due to its wide range of trading platforms, low minimum deposit, high leverage, competitive spreads and flexible risk management conditions. These factors make Exness an attractive choice for a wide range of traders, from beginners to experienced investors seeking to trade effectively in international financial markets.