Review
Overview
Exness is the online forex broker with the highest possible leverage (2000:1) of all reliable forex and spread betting brokers. Excess is founded in 2008 and based in St. Petersburg,… more
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Exness is the online forex broker with the highest possible leverage (2000:1) of all reliable forex and spread betting brokers. Excess is founded in 2008 and based in St. Petersburg, Russia. The broker is very famous around the globe for its easy-to-use trading platform, high leverage and low spreads. In the year 2012 alone, more than $450 billion worth of transactions were conducted by Exness. Exness is a great broker for both beginning and experienced traders as the minimum initial deposit required is just $1 and the higher-entry account types have excellent terms and features.
Exness trading platforms
Exness has mutiple trading platforms available including the most popular one worldwide, MetaTrader 4 and recently also MetaTrader 5. Expert or professional traders who operate multiple accounts can use the available MetaTrader 4 Multiterminal trading platform. Exness recently developed a MetaTrader trading app for iPhone, iPad, Blackberry, Android and Windows devices which includes all features the PC version has.
Exness trading account types
Exness has 4 types of trading account each with particular benefits and features. There basically is a trader account for each type of trader.
Exness commissions and spread fees
Exness doesn’t charge any commission for trading on regular trading accounts. On every trade a small spread will be levied of about 0.3 pips which is very low and competitive within the industry. On ECN accounts there are no spreads but a small commission payable of $25 per one million dollar traded.
Exness deposit and withdraw information
On Exness traders can deposit and withdraw funds using the following payment methods.
– CashU
– MasterCard
– Perfect Money
– QIWI
– RBK Money
– Skrill/Moneybookers
– Neteller
– Visa
– WebMoney
– Wire Transfer
– Ruble Wire Transfer
– Yandex Money
Exness is the only broker with automatic withdrawal of funds as a feature. You no longer need to wait for the processing of a withdrawal request, all fund withdrawal requests are automatically processed and no other broker has this feature until this day. Exness licensed and regulated by CySec (license 178/12). Exness complies with European market trading standards and can thus be considered a reliable, trustworthy broker.
Exness customer support
Exness customer support is 24/7 available by phone, email, ,postal mail, fax and live chat in 17 major languages. Postal mail can be send to: Office 309, Regus Nevsky Plaza Business Centre, Nevsky prospect 55, lit. A, Saint Petersburg, Russian Federation, 191025.
Exness review conclusion
Exness is by far a unique forex and ECN broker by means of low competitive spreads of just 0.3 pips per trade, low minimum initial deposit required of just $1 and insanely high (the highest) maximum leverage available of 2000:1. Exness is also the only broker with automated withdrawal requests and payout the fastest of all online brokers. I rate Exness a 8/10 which could have been higher if the broker had social trading features and was available for traders from the United States.
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