EXNESS Review: MT4 forex broker offering low spreads and high leverage

exness-250The EXNESS group is a global broker, consisting of companies regulated by CySEC and the Belize IFSC. It offers trading in more than 120 forex currency pairs and various CFDs.

Its clients are able to choose from market and instant execution, MetaTrader 4 and MetaTrader 5 trading platforms, and several account types. As regards its trading conditions, Exness offers one of the highest leverage levels in the industry – 1:2000, and you can open an account by depositing as little as $1.

 
 

Regulation: CySEC (Cyprus), IFSC (Belize)
The brokerage is also registered with the relevant regulatory bodies in Germany, the Netherlands, Poland, Spain, Italy, and Sweden.
Online since: 2008
Trading model: DD, ECN
Trading platforms: MetaTrader 4, MetaTrader 5
Min. Deposit: No ($1)
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:2000 (1:200 for ECN accounts)
Bonus: PayBackFX rebates

Cost of trading

Spread: Floating, varying by account type
– averaged 1 pips on EUR/USD
– averaged 0.4 pips on EUR/USD + commission
Commission: $ 2.5 per standard lot (per side)

Latest news about Exness

Exness reports drop in trading volume, active clients in June

Exness, a forex broker regulated in Cyprus and the UK, has released its June trading metrics, which show that its trading volume

Exness UK licensed as a full principal by FCA

EU forex broker Exness announced on Friday its UK arm has acquired “IFPRU €730k” forex broker license by the UK’s Financial Conduct Authority (FCA).

Exness hikes max leverage on exotic forex pairs

Exness, a EU-regulated forex broker in Cyprus and the UK, announced it is increasing the leverage for over 50 exotic forex pairs

FxPro, Exness, Dukascopy, other forex brokers also hike margins ahead of elections in France

FxPro, Exness, Dukascopy bank and several minor forex brokers followed suit and said they will be temporarily raising the margin requirements ahead

Exness-held funds grow to $157.5 mln at end-2016

Forex brokerage group Exness held funds in the amount of $157.5 million at the end of 2016, the group said. Traders had

Exness’ trading volume, active clients post new record levels in Mar 2017

Exness, a EU-regulated forex broker in Cyprus and the UK, said on Monday it reached a new record-high trading volume of $313.7

Exness posts record-high monthly trading volume of $266 bn in Jan 2017

Exness, a EU-regulated forex broker in Cyprus and the UK, reported a record monthly trading volume of $266 billion in January 2017.

Exness, HotForex. VinciCM, Invest.com, ActivTrades alter trading conditions to meet new CySEC regulation

Several Cyprus-regulated forex brokers are making amendments to their trading conditions in order to meet the new requirements of the Cyprus Securities

Saxo Bank’s trading volume outgrows that of FXCM in Dec 2016

Danish forex bank Saxo Bank outperformed US retail giant Forex Capital Markets (FXCM) in terms of trading volume in December 2016, according

Exness’ trading volume reaches new high in 2016

Exness, a EU-regulated forex broker in Cyprus and the UK, saw its trading volume exceeding $2.4 trillion in 2016, posting an annual