One of the highest-volume retail forex/CFD brokers globally, Exness offers its own proprietary Exness Terminal alongside MT4/MT5 and holds licences from CySEC, the FCA and South Africa's FSCA.
| Regulated entity | Exness (Cy) Ltd |
|---|---|
| Regulation | CySEC No. 178/12 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD025 |
| Other Tier-1 regulators | FSCA, CMA |
| Founded | 2008 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | $10 (varies by payment method; some methods allow as low as $1) |
| Avg. spread (EUR/USD) | 0.2 pips |
| Platforms | MT4, MT5, Proprietary (Exness Terminal) |
| Instruments | 100+ instruments across forex, indices, commodities, stock and crypto CFDs |
See Exness's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Standard (no commission), Pro, Raw Spread (commission-based, aimed at experienced traders), and Zero (offered in Standard/Pro/Raw variants with near-zero spreads on majors plus commission), with an Islamic/swap-free option across account types. |
|---|---|
| Execution model | Sources disagree -- some describe Exness as effectively operating a market-maker/dealing-desk model by default, while Exness's own marketing and some comparison sites describe STP/no-dealing-desk execution. This is a genuine disagreement between sources rather than a settled fact; Exness's own order-execution policy would be the authoritative source to check. |
| Withdrawals & deposits | Deposits are reported to process within about 30 minutes; minimum deposit figures conflict across sources (as low as $1 on some, $200 for the Pro account per others) and weren't reliably confirmed. Many withdrawal methods are reported fee-free, though other (lower-confidence) sources cite card withdrawal costs of 1-4%, bank wire fees of $20-50, and payment-service fees of 0.5-4% -- these should be verified against Exness's own current fee page before relying on them. |
| Overnight financing (swap) | Exness-specific swap-markup mechanics weren't independently confirmed in this research pass -- only generic, non-broker-specific explanations of forex swaps were found. Islamic/swap-free accounts are confirmed available, though the specific substitute fee structure, if any, wasn't confirmed. |
| Currency conversion cost | One lower-confidence source states fees apply on certain payment methods when depositing or withdrawing in a currency other than the one linked to the account, but no percentage was confirmed from a reputable source. |
| Inactivity fee | Multiple independent sources confirm no inactivity fee, no deposit fee, and no internal withdrawal fee on dormant accounts. |
| Customer service | Trustpilot rates it 4.5/5 from a very large base of reviews (29,000+), with 24/7 multi-channel support. Praise centers on responsiveness and execution; recurring complaints include withdrawal delays and, in some reviews, slow or unhelpful support. |
| Mobile experience | Reported figures vary by source -- Google Play ratings cited range from about 4.5 to 4.8 (review counts from roughly 12,000 to 220,000+ depending on source), and the App Store around 4.6. Source quality for these figures is moderate; treat as indicative rather than definitive. |
| Educational offering | One independent comparison site specifically critiques Exness's educational material as limited for beginner investors. Demo accounts are notably generous (up to 100 MT4 plus 100 MT5 demo accounts), but webinars and articles aren't considered a particular strength by that reviewer. |
See how Exness's spread cost compares across every researched broker → · Forex broker fees explained
Is Exness regulated?
Yes -- CySEC No. 178/12 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD025. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Exness fails?
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Exness?
Our research confirms a minimum deposit of $10 (varies by payment method; some methods allow as low as $1).
What trading platforms does Exness offer?
Exness offers MT4, MT5, Proprietary (Exness Terminal).
What is Exness's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 0.2 pips. See our cost calculator to compare this across every broker we've reviewed.
When was Exness founded?
Exness was founded in 2008.
How is Exness's overall score calculated?
Exness currently scores 3.97/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
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