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Abstract:Exness is a reputable online multi-asset broker established in 2008, offering a diverse range of tradable assets, including currencies, commodities, stocks, indices, and cryptos. With a daily execution of over 300,000 trades and monthly trading volumes exceeding $1 trillion, Exness is a high-volume broker known for its transparency. Regulated by CySEC, FCA FSCA, and FSA (offshore) in different jurisdictions, Exness adheres to strict financial standards.
Note: Exness does not offer services to residents of certain jurisdictions, including the USA, Canada, Iran, North Korea, Europe, the UK, Russia, Belarus and others.
If you are not a resident of the above countries and have an interest in Exness, you can learn Exness' key features at a glance via the table below and then continue reading the body part to learn more about its accounts and withdrawal. We hope this article is helpful to you.
Quick Exness Review Summary | |
Founded | 2008 |
Registered | Cyprus |
Regulation | CySEC, FCA, FSCA, FSA (Offshore) |
Security Measures | Account segregation, negative balance protection, two-step authentication, investor protection schemes |
Trading Instruments | CFDs on forex, commodities, stocks, indices, cryptos |
Demo Account | ✅($10,000 virtual funds) |
Account Minimum | $10 |
Maximum Leverage | 1:Unlimited |
EUR/USD Spread | Average 0.6 pips |
Trading Platform | MT4/5, Exness Terminal, Exness Trade app |
Deposit & Withdrawal Fee | ❌ |
A demo account is a virtual trading account that mimics real trading conditions, allowing you to practice without using real funds. It helps you to get acquainted with the account functionality and peculiarities of working with an Exness account without financial risks in advance.
When you register an Exness account, you can get a free MT5-based demo account with $10,000 in virtual funds by default.
Demo accounts are unlimited, but will expire after 21 days of inactivity. If you use your Exness demo account consistently, they will not expire.
Demo accounts are available for all account types except Standard Cent.
If you want to delete your Exness demo account, you can wait - Exness deletes MT4 demo accounts after 180 days of inactivity and MT5 ones after 21 days. Alternatively, contact customer support and inquire about demo account deletion.
Exness Demo Account Feature | |
Trading Platform | MT4, MT5, Exness Terminal |
Account Opening Fee | $0 |
Default Balance | $10,000 |
Account Duration | Unlimited |
MT4 demo accounts will expire after 180 days of inactivity | |
MT5 demo accounts will expire after 21 days of inactivity |
At Exness, you can choose from 5 different trading account types depending on your trading style. This includes 2 standard account types and 3 professional account types.
Generally speaking, the standard accounts are suitable for beginners and intermediate traders, while the professional accounts are best for professionals.
All accounts are swap-free, and the demo account is only not available on the Standard Cent account. So, if you want to start with risk-free demo accounts, the demo Standard account is your best choice.
Please feel free to find more detailed information about features of different account types in the table below:
Exness Account Features Comparison at a Glance | |||||
Account Type | Standard | Standard Cent | Pro | Zero | Raw Spread |
Best for | Beginners and intermediate traders | Beginners | Professional traders | 0 spread and low commissions | 0 spread |
Minimum Deposit | $10 | $3,000 | |||
Maximum Leverage | 1:Unlimited | ||||
Spread | From 0.2 pips | From 0.3 pips | From 0.1 pips | From 0 pips | |
Commission | ❌ | ❌ | ❌ | From $0.05 each side per lot | Up to $3.50 each side per lot |
Trading Instruments | Forex, metals, cryptocurrencies, energies, stocks, indices | Forex, metals | Forex, metals, cryptoсurrencies, energies, stocks, indices | ||
Swap-free | ✔ | ✔ | ✔ | ✔ | ✔ |
Demo Account | ✔ | ❌ | ✔ | ✔ | ✔ |
Exness does not charge any fees for creating new trading accounts. The account opening process is very easy and you don't need to provide much personal information. Whether you want to sign up for a demo account or a live/real account, there are only three steps by online application and you can own it.
Step 1: Go to Exness' website and click the 'Register' button on the homepage.
Step 2: Enter your country/region of residence, a valid email address, the desired password, and partner code (optional). Since the information will be required to verify the account, ensure it is accurate.
Then tick that you have declared and confirmed that you are not a citizen or resident of the US for tax purposes. Click the 'Continue' button.
Step 3: Choose the account type, demo or real.
If you click the 'Demo Account' button, the proprietary Exness demo web-based trading platform loads, which is very clear and easy to use. You can search your interested instruments on the left and learn about the live spread price on the right. Also, choose your volume, set take profit and stop loss in the right.
If you click the 'Real Account' button, the interface is as follows. If you want to start real trading, you have to deposit funds into your Exness trading account, as we have mentioned before, at least 10 USD.
Before depositing, you have to click the 'Complete profile' button to verify your contact details, including the email address and phone number, and add your profile information.
Exness deposits and withdrawals can be executed 24/7 and no commissions.
Exness offers multiple funding methods, including online bank transfers, bank cards, e-wallets like Neteller, Skrill, and Sticpay, and cryptocurrencies.
No fees for all deposits and the minimum deposit amount starts from 10 USD.
Most deposits can be processed in 30 minutes.
You can learn more detailed information about Exness deposits in the table below:
Exness Deposit Methods | Minimum Deposit | Maximum Deposit | Deposit Fee | Deposit Time |
Online Bank Transfer | 12 USD | 10,000 USD | ❌ | Instant - 45 minutes |
Bank Card | 10 USD | Instant - 30 minutes | ||
Bitcoin (BTC) | 200,000 USD | Instant - 1 hour | ||
Neteller | 50,000 USD | Instant - 30 minutes | ||
Online Bank Transfer #2 | 12 USD | 150 USD | Instant - 5 days | |
Online Bank Transfer #3 | 700 USD | Instant - 30 minutes | ||
Pay with Bank | 600 USD | |||
Skrill | 10 USD | 100, 000 USD | ||
SticPay | 10, 000 USD | |||
Tether (USDT ERC20) | 200, 000 USD | Instant - 15 minutes | ||
UPI/Online Bank | 530 USD | Instant - 45 minutes | ||
UPI Direct | 30 USD | 1,000 USD | Instant - 1 hour | |
UPI Express | 120 USD | |||
UPI ID | 10 USD | 530 USD | Instant - 45 minutes | |
UPI QR Pro | 200 USD | 1,000 USD | Instant - 30 minutes | |
UPI Snap & Go | 50 USD | 500 USD | ||
USD Coin (USDC ERC20) | 10 USD | 200, 000 USD | Instant - 15 minutes |
As for withdrawals, Exness does not offer as many options as deposits, but there are still some withdrawal methods that can be chosen from, including the online bank, Neteller, Skrill, Sticpay, and cryptocurrencies.
The minimum withdrawal amount is only 1 USD for Sticpay and transfer between your accounts.
All withdrawals are also free of charge and can be processed within 1 day. Then your withdrawal request is sent to Exness card processors and your bank, and the whole process can take from 1 to 30 business days for the funds to be reflected in your bank account depending on the bank and country you are located in.
Exness Withdrawal Methods | Minimum Withdrawal | Maximum Withdrawal | Withdrawal Fee | Withdrawal Time |
Online Bank | 3 USD | 10,000 USD | ❌ | 1 hour - 1 day |
Neteller | 4 USD | Instant - 1 day | ||
Skrill | 10 USD | 12,000 USD | ||
SticPay | 1 USD | 10,000 USD | ||
Transfer between your accounts | 1,000,000 USD | |||
Tether (USDT TRC20) | 10 USD | Instant - 15 minutes | ||
Bitcoin (BTC) | 200 USD | Instant - 1 hour | ||
Tether (USDT ERC20) | 100 USD | Instant - 15 minutes | ||
USD Coin (USDC ERC20) |
Note: You must use your personal payment accounts for deposits and withdrawals. Exness will not accept direct payments or payments to or from third parties. All the information you need regarding transactions can be found in your Personal Area.
Besides, Exness reserves the right to change the processing time for deposits and withdrawals without prior notification.
Steps vary by payment method, but generally, the process for withdrawing money from your trading account is as follows:
Step 1: Open the Withdrawal section of your Personal Area (PA).
Step 2: Select a payment method from those available.
Step 3: Complete all required fields, including the withdrawal amount and trading account selection, then select Continue.
Step 4: Choose Confirm if the withdrawal details are correct.
Step 5: Confirm the withdrawal with your current security type (steps may vary).
Step 6: Follow any additional on-screen instructions (if applicable).
Step 7: Once the withdrawal is complete, a confirmation message will be displayed and your withdrawal will be credited to your chosen payment account.
Please consider each payment method presents unique conditions, which you can find out more about in the Exness article at https://get.exness.help/hc/en-us/articles/10888943315228-Payment-method-information, or your PA.
Exness is officially registered and regulated by four financial authorities across the globe. These regulatory bodies ensure that Exness adheres to strict standards of financial stability, security, transparency, and fair trading practices.
To be specific,
Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License No. |
CySEC | Regulated | Exness (Cy) Ltd | Market Making (MM) | 178/12 | |
FCA | Regulated | Exness (UK) Ltd | Institution Forex License | 730729 | |
FSCA | Regulated | EXNESS ZA (PTY) LTD | Retail Forex License | 51024 | |
FSA | Offshore Regulated | Exness (SC) Ltd | Retail Forex License | SD025 |
You can verify Exness' regulatory status and explore more details on WikiFX.
In addition to its strong regulatory framework, Exness prioritizes client security by implementing robust protective measures. For example, account segregation, negative balance protection, two-step authentication, and investor protection schemes.
Logo | ||||
Broker | Exness | Plus500 | HFM | FXOpen |
Regulation | CySEC, FCA, FSCA, FSA (Offshore) | ASIC, FSA, CySEC, FCA, FMA, MAS | CySEC, FCA, DFSA, FSA (Offshore) | CySEC |
Product Offering | CFDs on forex, commodities, stocks, indices, cryptos | 2,800 CFDs, cryptos, indices, forex, commodities, shares, ETFs | CFDs on forex, metals, energies, stocks, indices, bonds, commodities, ETFs, cryptocurrencies | 700+, indices, commodities, forex, shares, cryptos, ETFs |
Demo Account | ✅($10,000 virtual funds) | ✅ | ✅ | ✅ |
Account Minimum | $10 | $100 | $0 | $/€300 |
Maximum Leverage | 1:Unlimited | 1:300 | 1:2000 | 1:30 |
Trading Platform | MT4/5, Exness Terminal, Exness Trade app | Own proprietary platform | MT4/5, HFM Trading App | MT4/5, TickTrader, TradingView |
Copy/Social Trading | ✅ | ❌ | ✅ | ❌ |
Promotion | ❌ | ✅ | ✅ | ❌ |
Best for | Beginners | Experienced traders | Beginners | Experienced traders |
Yes. Exness is a reputable online multi-asset broker established in 2008, which has operated for over 15 years. It is regulated well by multiple regulatory authorities across the globe and offers security measures to protect clients' funds.
Yes. Exness offers free demo accounts with up to $10,000 in virtual funds.
Just click the 'Try free demo' button on the homepage of Exness' official website, and then follow the directions.
No. Your funds on the demo account are virtual, not real money, you cannot withdraw any of them.
We always advise beginners to start with risk-free demo accounts, and then open the most basic real/live account, such as the Standard Cent account.
The minimum withdrawal amount varies on the method you choose, varies from 1 to 200 USD.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.