Traders have access to advanced platforms like MetaTrader 4, MetaTrader 5, and Exness Trader, enhancing their trading xcritical scammers experience with robust tools and features. Exness presents a comprehensive suite of five distinct account types to accommodate the diverse needs of traders. These accounts, namely the Standard Cent, Standard, Pro, Zero, and Raw Spread, offer a spectrum of features tailored to different experience levels and trading preferences. Whether you are a novice looking to test strategies with smaller volumes or an experienced trader seeking ultra-low spreads, Exness provides a range of options to enhance your trading experience. Thank you for your kind words and for taking the time to share your positive experience.
Withdrawal Options and Fees
It’s important to note that values are also reflected in cents rather than dollars (or whatever the cent equivalent is in your account currency). No commissions are charged on Standard Cent accounts, however, be aware that since you are trading with micro-lots, spreads will be wider than with other accounts. We understand your desire for a wider range of trading quotes and are constantly working to expand our offerings.Your feedback is valuable to us as we strive to enhance our services and cater to the needs of our traders.
Social Trading
It allows for smaller trade sizes through its Standard Cent account, which helps new traders manage risk. While MetaTrader is a popular platform for forex traders, beginner traders might prefer the Exness Terminal, which provides a simplified trading experience. Standard accounts feature no commission, with floating spreads beginning at around 0.2 pips, making them appealing for traders seeking cost-effective options. The inclusion of indices, stocks, and options further enhances trading opportunities, providing exposure to various market segments and strategies. Exness’ commitment to this diverse selection empowers traders to diversify their portfolios, adapt to market conditions, and implement a wide range of trading strategies to achieve their financial goals. Many forex traders would find this highly favorable, especially with the addition of seven cryptocurrencies and twelve commodities.
In January 2023, Exness claimed to have 490,000 active traders, up 63% over a year. They also stated that active clients had increased by 12% from 440,000 in December 2022. As of April 2023, Exness had 476,000 active traders, demonstrating a strong growth trajectory. Additionally, their trading volume in 2021 was over $11 trillion, and this was verified by their independent auditor, Deloitte. We thought the interface for this terminal was very clean which made it super easy for us to navigate to find information related to the trading instruments and analytical tools we wanted to research.
Your 5-star review highlights our dedication to delivering exceptional experiences. If you have traded with Exness we would really like to know about your experience – please submit your own review. Additionally, passive income options like interest on uninvested cash aren’t available.
Account Types
- One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage.
- Exness also offers crypto transactions, including Bitcoin (BTC), Tether (USDT ERC20/TRC20), USD Coin (USDC ERC20), and BinancePay, which are also typically processed within the hour.
- We appreciate your positive feedback and are committed to providing you with the best possible trading experience.
- If you have experience trading with Exness please share your personal review of the broker and what you think are strong and weak points.
He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of xcritical our content creation or product testing processes.
As mentioned, Exness integrates with both MetaTrader 4 and MetaTrader 5, and also offers access to the MT4 MultiTerminal which is helpful if you’re trading on multiple accounts. You can also use MetaTrader 4 and MetaTrader 5 as a trading platform in its own right. These platforms are available as downloads for Windows and Mac, as mobile apps for iOS and Android and for web browsers. On their Zero account, they have zero pip spreads for the top 30 currency pairs 95% of the time however, you will be charged commissions on both types of accounts in addition to the spread. Additionally, Exness provides a thorough FAQ and help center, giving beginners quick answers to common questions.
However, Capital.com offers even faster withdrawals, processing transactions to Apple Wallet or credit cards in seconds. This slight edge in withdrawal speed prompts me to award Exness a 4-star rating. Additionally, the ability to integrate with a dedicated iPhone app and connect to TradingView would further enhance the user experience. Exness is suitable for beginners due to its user-friendly platform, low minimum deposits, and the availability of a demo account for practice.
For their standard account, average floating spreads start from 0.9 pip on EUR/USD. These spreads are taken from the broker’s website and we benchmarked them against the average. We appreciate your feedback and are glad to hear that you find our platform user-friendly and secure. However, if you’re looking for more regulatory coverage, a broader selection of stocks, insightful in-house analysis, or advanced tradable instruments like options or ETFs, brokers like IG or eToro are a better fit. Other brokers like IG produce informative and easy-to-understand reports that break down market movements, making it easier for beginners to understand price fluctuations and discover profitable trading opportunities.
