Exness Review: A Step-by-Step Walkthrough of the Trading Platform

Jamie McNeill

Getting Started: Setting Up an Account

Signing up with Exness was way easier than I expected. I clicked on “Open Account” , filled out basic details (name, email and password) and was in. The verification process took maybe 10 minutes max. You upload your ID, proof of address and that’s it. No back-and-forth emails or waiting days to get approved. I’ve tried other platforms where this part can drag on forever, so Exness impressed me here.

Once I was logged in the layout was simple and clean. I didn’t feel overwhelmed even though I’m not a pro trader. Everything was laid out nicely—charts, tools and settings were just where you’d expect them to be. Honestly it felt like the app and website were built for regular people not just experts.


What Exness Offers (Quick Overview)

Here’s what stood out to me about Exness:

  • Regulated and Trusted: They’re regulated by big names like CySEC, FCA and FSCA so they’re legit.
  • Tons of Options: You can trade Forex, crypto, stocks, commodities and indices.
  • Accounts for Everyone: Whether you’re new or experienced they’ve got different account types to fit your style.
  • Good Platforms: They support MT4, MT5 and their own app.
  • Low Costs: Tight spreads and some accounts don’t charge commissions.
  • Fast Withdrawals: Money comes through almost instantly.
  • Helpful Resources: They have guides, webinars and analysis tools if you want to learn more.
Exness - a broker for life

Pros and Cons of Exness

Pros:

  • Regulated and trustworthy.
  • Affordable—low fees and tight spreads.
  • Really easy to deposit and withdraw funds.
  • Simple enough for beginners but also has tools for pros.
  • Customer support is solid and available 24/7.

Cons:

  • Cryptocurrency trading fees could be better.
  • Some tools might feel overwhelming if you’re just starting out.
  • Not available in every country which might be a disappointment for some.

First Impressions: Trust and Safety

When I first checked out Exness my top question was: “Is this legit?” Thankfully it is. They’re regulated by serious organizations like CySEC and the FCA which means they follow strict rules to protect your money. They even keep client funds separate from company funds, so your money isn’t at risk if something goes wrong. Plus, they’ve got negative balance protection, so you won’t lose more than what you put in.

Exness - Trust and Safety

What Can You Trade on Exness?

Honestly, I was impressed with the variety. Here’s what they offer:

  • Forex: Over 100 currency pairs.
  • Commodities: Instruments like gold, silver and oil.
  • Crypto: Bitcoin, Ethereum and other big ones.
  • Indices: Global indices like the S&P 500.
  • Stocks: CFDs for popular company stocks.

This gave me a lot of options to try out different markets and strategies. If you like variety, you’ll appreciate this.


How Much Does It Cost?

Exness keeps things affordable. Here’s a quick breakdown:

  • Spreads: Tight especially on Pro accounts.
  • Commissions: Standard accounts have zero commissions; Pro accounts charge about $3.5 per lot.
  • Hidden Fees: None at least from what I saw. Deposits and withdrawals were free.

Overall, it’s good value for what you get. Just know that crypto trading fees are a bit higher compared to other platforms.


Platforms: MT4 MT5 and Exness App

Exness works on both MT4 and MT5 which are popular trading platforms. If you’ve traded before you probably know them. For me MT5 was great because it has more features like Depth of Market.

The Exness Trader App is their mobile platform, and I liked it a lot. It’s simple to use, doesn’t lag and shows all the real-time data you need. I could trade on the go without feeling like I was missing out on anything.


What Accounts Can You Open?

  • Standard Accounts: These are great for beginners. Low minimum deposits and no commissions make it easy to start.
  • Pro Accounts: These are for more experienced traders who want raw spreads and don’t mind a small commission.

I started with the demo account which was great for practice. Then I moved to a Standard account which felt like the right balance of simple and affordable.

Minimum initialdepositSpreadCommission
Standard CentNoFrom 0.3 pipsNo
StandardNoFrom 0.2 pipsNo
ProYes, region basedFrom 0.1 pipsNo
Raw SpreadYes, region basedFrom 0.0 pipsFrom 0.05 USD for each side per lot
ZeroYes, region basedFrom 0.0 pipsUp to 3.50 USD for each side per lot

Customer Support

I’ve got to give Exness credit for this. Their customer support is good. The live chat is fast, and the people there actually know what they’re talking about. They also have email support and a detailed Help Center if you like figuring things out yourself. It’s 24/7 so no matter when I had an issue I could get help.


Is It Easy to Use?

Yes definitely. The whole platform is smooth and intuitive. The dashboard is clean and doesn’t feel cluttered. You get all the important features like one-click trading, advanced charts and automated tools if you’re into that. Even during volatile markets, the platform didn’t freeze or lag which is a huge plus.


Deposits and Withdrawals

This was one of my favorite things about Exness—instant withdrawals. I could access my money within minutes and there were no weird delays or fees. You can use:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets like Skrill and Neteller

FAQ

Is Exness a good broker?

Yes Exness is a solid broker that focuses on innovation and keeping things ethical. They’ve got advanced tools a global team and a strong focus on trader security making them a good option for CFD trading

Is it safe to trade in Exness?

Yes, Exness is safe to trade with. It’s regulated by trusted authorities and has measures like segregated accounts to keep your funds secure. They also have good customer support making it a solid option for forex and CFD trading.

Which country is Exness based in?

Exness is based in Cyprus with its main office in Limassol. They also have offices in other countries like the UK, South Africa, Seychelles, Kenya and a few others so they can serve clients around the world.

Final Thoughts

So, what’s the verdict? For me Exness delivered in most areas. It’s reliable, affordable and easy to use. The fast withdrawals and great customer support were the cherry on top. Sure, it’s not perfect—crypto fees could be better and advanced tools might feel a bit much for beginners—but overall, it’s a solid platform for anyone looking to trade.

If you’re new, start with a demo account and see how it feels. If you’re experienced, the Pro accounts and tools might be just what you need. Either way Exness is worth a shot.