Home Forex brokers Exness broker, The Best Forex brokers. Detailed review of Exness broker Top 1 best Forex brokers 2020 with the lowest fees in the world

Exness broker, The Best Forex brokers. Detailed review of Exness broker Top 1 best Forex brokers 2020 with the lowest fees in the world

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Exness broker, The Best Forex brokers. Detailed review of Exness broker Top 1 best Forex brokers 2020 with the lowest fees in the world

With super fast money withdrawal, it takes you only 3 to 5 minutes to transfer money to your account. I highly appreciate Exness due to its fees of transactions.

In my opinion, Exness meets all the requirements without thinking about changing other whether yu are a new or professional trader.

How about you? You can choose a suitable one for yourself.

To register Exness broker, click here

Exness is a broker which developed quite early.

Exness is famous and best known among traders because of two factors: unlimited leverage and extremely fast withdrawal.

Introduction of Exness forex broker

Exness was founded in 2008 by a group of experts in finance and information technology.

One of the co-founders of Exness is Petr Valov – an expert in programming, who is also the CEO of this corporation.

Exness Corporation currently owns many sub-brands operating in different markets.

Exness’s headquarters is located in Cyprus and its offices are located in the UK, Malaysia and Singapore. Over the years, Exness has maintained a steady growth. Its average monthly trading volume in 2019 is about $340 billion, which is quite large number.

Currently, Exness is serving about 70,000 customers worldwide and this figure is still growing.

Exness offers a wide range of financial instruments used in trade finance, including currency pairs, metals, digital currencies, energy and indices.

To register Exness broker, click here

The operating licenses and insurance policies for Exness’s customers

The operating licenses of Exness broker

Exness Corporation operates with multiple entities suitable for different markets, including:

  • Exness Limited, an International Business Company in Saint Vincent and Grenadines with business code 21927 (IBC 2014), operating the website exness.com
  • Nyrstar Limited, registered in Seychelles with business code 8423606-1 and licensed by Financial Services Administration (FSA) with code SD025.
  • Exness (Cy) Ltd, licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with code 178/12, operating the website exness.eu
  • Exness (UK) Ltd, licensed and regulated by Financial Enforcement with code 730729 to provide Contracts for Difference (CFDs) under various types of underlying investments and operate the website exness.uk.

Exness Nymstar will support transactions  with individual customers. Exness UK and Exness CY are separate entities, directly under the corporation  and using the Exness’s brand, focusing on business relationships with other firms.

To register Exness broker, click here

The insurance policy of Exness broker

As a member managed by reputable financial management institutions, Exness is obliged to comply with the strict regulations set forth by these organizations such as directive No. 2014/65/EU on financial markets and tools. (MiFID II).

In addition, these firms are also members of the respective Compensation Program. The goal of this program is to ensure that customer claims are dealt with and insured through compensation in case Exness loses payment capacity.

Exness also applies the mechanism called Segregated Accounts, which maintains customers’ money in segregated accounts. This means that customers’ money is separate from operating funds of Exness and is not allowed to use for any business activities.

Types of trading Exness broker accounts

Exness offers up to 6 types of accounts for MT4 and 4 types of accounts for MT5 platform.

Specifically, for MT4, there are some following types:

  • ECN
  • Standard
  • Standard Cent
  • Pro
  • Raw Spread
  • Zero

For MT5, there are only 4 types:

  • Standard
  • Pro
  • Raw Spread
  • Zero

To register Exness broker, click here

Standard account:

It is the most popular type of account for all Exness traders with extremely low minimum deposits and extremely high leverage (1: 2000 for MT5 and unlimited for MT4)

  • Minimum initial deposit: 1$
  • Spread: 0.3 pip
  • Commission: No
  • Leverage up to: No limit
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Hedged margin : 0% (Crypto 100%)
  • Margin call : 60%
  • Stop-out: 0%
  • Instruments: Forex, Metal, Crypto, Energy, Indices.

To register Exness broker, click here

Standard Cent account:

It is a suitable account for newbies (1 lot Cent is equivalent to 0.01 standard lot). You can freely test your trading methods with extremely low risk level and still experience trading on real accounts.

  • Minimum initial deposit: 1$
  • Spread: from 0.3 pip
  • Commission: No
  • Leverage up to: No limit
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Hedged margin : 0% (Crypto 100%)
  • Margin call : 60%
  • Stop-out: 0%
  • Instruments: Forex, Metal.

To register Exness broker, click here

Raw Spread account:

Raw Spread account has relatively low spread with more than 0 pips and relatively competitive commission.

  • Minimum initial deposit: 200$
  • Spread: from 0.0 pip
  • Commission: 3.5$ (Rare pairs and indicators have different commission)
  • Leverage up to: No limit
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Hedged margin : 0% (Crypto 100%)
  • Margin call : 30%
  • Stop-out: 0%
  • Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

Pro account:

The spread of Pro account is higher than Raw Spread and no Commission fees. In addition, with Pro account, you are able to trade more than 30 popular securities such as Apple, Amazon, Ebay, Facebook, Alibaba, Google, Nike … etc.

  • Minimum initial deposit: 200$
  • Spread: from 0.1 pip
  • Commission: No
  • Leverage up to: No limit
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Hedged margin : 0% (Crypto 100%)
  • Margin call : 30%
  • Stop-out: 0%
  • Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

Zero account:

The spread of Zero account is equal to zero during 95% of opening time of the market.

It is almost like ECN account with extremely competitive costs and some advantages that ECN do not have such as a wide range of instruments including forex, crypto, metals … along with no limit leverage.

However, commission on rare metal instruments and currencies is very high.

  • Minimum initial deposit: 200$
  • Spread: from 0.0 pip
  • Commission: more than or equal to 3.5$
  • Leverage up to: No limit
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Hedged margin : 0% (Crypto 100%)
  • Margin call : 30%
  • Stop-out: 0%
  • Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

ECN account:

ECN account is intended for specific forex traders who wish to trade directly with the interbank market.

ECN account has some advantages such as low spread (only more than or equal to 0 pips), the ability to access to the interbank market. The disavantage is that the initial deposit is quite high compared to other ($ 300) and trading instruments are limited (only forex pairs, no metals like gold or silver or stock indices …).

In addition, the leverage is only 1: 200, many times lower than other types.

  • Minimum initial deposit: 300$
  • Spread: from 0.2 pip
  • Commission: 25$/1 milion $ of trading volume
  • Leverage up to: 1:200
  • Maximum number of open positions and pending orders: No limit
  • Volume of positions: from 0.01
  • Margin call : 100%
  • Stop-out: 50%
  • Instruments: Forex

To register Exness broker, click here

Exness trading platform of Exness broker

Exness completely provides MT4, MT5 platform and trading on WebTerminal platform.

The instruments which Exness offers

The instruments which Exness offers are diverse. You can find almost every instrument you want, including: Currency, Crypto, Energy, Stock, Indices.

  • Forex: over 100 currency pairs including 7 major pairs, sub-pairs and rare pairs.
  • Metal: Gold, Sliver with USD, EUR, GBP, CAD.
  • Crypto: Exness currently allows trading of 5 products called Bit.c.oin C.ash, Bit.c.oin, E.T.H, Rip.ple, Lite.c.oin in the form of CFDs with USD.
  • Energy: Crude oil
  • Stock: 30 stock codes of large corporations and firms in the world such as Google, Facebook, Amazon …
  • Indices: Exness provides 10 types of indices, including S&P 200 Australia, S&P 500, US30, JP225…

To register Exness broker, click here

Exness social trading

In March 2019, Exness launched its advanced social trading platform (Social Trading).

You can choose any successful forex trader and copy their trades. If the trader makes a profit, you also make a profit based on the ratio of your funds.

Exness customer support service

Exness is most appreciated for because of this factor. It takes you only from 10 to 20s to wait for the appearance to answer any questions of yours.

Even for relatively difficult and time-consuming, the Exness support staff are also very quick to give you answers.

After discussing, you can ask Exness for sending you a copy of the conversation between you and support staff to save the important information you just asked, if you want,

There are 13 languages Exness currently supports.

To register Exness broker, click here

Deposit and withdrawal methods of Exness broker

Deposit and withdrawal speed of Exness broker is the second most highly valued factor.

Exness deposit speed is extremely fast, it can be said to be the fastest among Forex platforms today, which is one of the main reasons that Vietnamese and international traders choose Exness.

Depositing and withdrawing money at Exness are instant with automatically processed procedures, without any human intervention.

Exness offers 8 different deposit and withdrawal methods, including:

  • Visa & Mastercard
  • Neteller
  • Skrill
  • Local Bank
  • Money
  • Bit.c.oin & U.S.D.T
  • Sticpay electronic wallet

In general, if you are a customer who wants to use huge leverage and fast withdrawal speed, Exness is really an attractive choice. In addition, the quality of Exness customer support service is also highly appreciated compared to its competitors.

To register Exness broker, click here

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