Exness Review: A Top-Notch Forex Broker and the Official Partner of Real Madrid

Launched in 2008, Exness has become a leader in the forex industry thanks to its tight spreads, fast execution, and reliable customer service team. They also have an impressive array of trading tools and platforms that allows traders of all levels to take full advantage when investing.

They offer the MetaTrader 4 (MT4) platform across desktop, mobile, and web versions, as well as a wide variety of other tools such as MetaTrader5, MultiTerminal, Autochartist, and Trading Central. In addition to these features, Exness also provides its clients with a range of bonuses and rewards.

They even have an official partnership with Real Madrid to show their commitment to providing a quality Forex trading service that has earned them industry awards such as the Best Global Forex Customer Service 2019 and the Most Trusted Global Broker.

Exness also offers great spreads, ranging from 0.1-0.2 pips on major currency pairs. Moreover, Exness is regulated by the Financial Conduct Authority (FSA) of the UK and is a member of the Investor Compensation Fund.

This means that your funds are secure and insured against any unexpected losses should the broker default. They are also regulated by Cyprus Securities and Exchange Commission.

The platform is easy to navigate, with an intuitive interface that makes it simple for beginners to get started. You can access the trading platform from any web browser, with both desktop and mobile versions available.

Exness also offers a range of educational resources to help its clients get up to speed with the forex markets. They offer free eBooks, tutorials, webinars, and live seminars so you can stay informed and make more informed trading decisions.

In addition to this, they also charge an overnight rollover fee if you choose to hold a leveraged position open overnight. This fee varies depending on the currency pair, but is generally between -0.3% and -1%. Exness has no management fees, and anyone can open an account for free.

However, there is a minimum deposit requirement ranging from $10 to $200 based on the account you open. This is similar to platforms such as Tradeo that requires the same minimum deposit.

Deposits are generally instant with most methods, while withdrawals can take up to 1-3 business days depending on the payment method.

Do they offer an asset index?

You’ll be happy to hear that Exness offers a wide range of financial instruments that you can trade. These include over 120 currency pairs, as well as precious metals and indices. With such an extensive asset index, traders can find the currency pair or instrument that best suits their trading strategy.

Exness customer support

As mentioned earlier, Exness has an experienced customer support team that is available 24/7 to answer any queries you may have. You can reach out to them through email, live chat, or telephone. Customer service responsiveness is a key factor when selecting a broker. With regards to Exness customer support, Anton Kharitonov (a financial expert at Traders Union) commented:

“Exness is known for its high quality services […] Traders working with this broker note a high level of technical support which contributes to Exnesses’ good customer support results.” 

What refund policies and bonuses do they have?

Exness does not have a specific refund policy for traders, although you can always contact their customer service team to discuss any concerns you may have. As for bonuses, Exness offers several promotions and rewards, such as welcome bonuses and trading competitions.

Does Exness offer margin trading?

Yes, Exness allows its clients to trade with leverage of up to 1:2000. Leverage can be adjusted depending on your trading strategy and risk appetite.

Do they offer copy trading?

Yes, Exness offers a copy trading feature that allows traders to automatically follow and copy the trades of successful traders. This is great for beginner traders who are still learning the ropes of forex trading.

How can I register and open an account with Exness?

Opening an account with Exness is pleasantly straightforward. All you have to do is fill in the online form, provide your personal information, and make a deposit. Once these steps are complete, you will be able to start trading on the platform. The registration process is secure and encrypted with advanced SSL technology, so your personal data is always secure.

How does Exness compare to JustMarkets?

Both are respected and regulated brokers. Exness provides services to the UK, while JustMarkets does not.

Conclusion

If you’re looking for a reliable Forex broker, then Exness could be the perfect choice for you. They have recently received another award for the Fastest Order Execution according to the Traders Union Award 2022, which is a show of their commitment to offering the best service possible.

With competitive fees, a wide range of payment options, responsive customer service representatives, and a comprehensive educational center, Exness is a solid choice if you’re seeking a forex broker.

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