Exness Broker Review

Range of investments

Although the range and availability of CFD products will depend on the Exness entity that holds your account and the specific account type you choose, there are generally 96 currency pairs for forex trading, 10 indices, 18 commodities, 10 cryptocurrencies, and over 90 stock CFDs.

While Exness offers a smaller range of tradable products than the industry average, it still has the most popular products to help meet the majority of its clients’ needs. However, if you are looking to trade a product that Exness doesn’t offer you will of course need to use a different broker.

Cryptocurrency: Cryptocurrency trading is available at Exness through ten different CFDs, but not the underlying asset (e.g., you can’t actually purchase and hold bitcoin). Bitcoin, Litecoin, and Ethereum CFDs against the U.S. dollar are obtainable, and the other seven CFDs trade bitcoin against various other currencies or commodities like the Japanese yen or gold.

Exness fees

Exness offers an extensive selection of account types with five primary offerings: two standard accounts and three professional accounts. Note that there are also two specific social copy trading account types, Social Standard and Social Pro, with their own trading conditions for those who wish to share their trading strategies for easy copying.

The trading costs will depend on the account type you select, as the two commission-based accounts have lower spreads compared to the commission-free accounts. All account types use market execution, except for the Pro account which offers both instant and market execution methods.

Standard Cent: This account has the highest spreads, comparably, and more restrictive risk management in terms of margin stop-out levels, and offers market execution.

Standard: Similar to the Standard Cent account, this one has slightly better spreads, less restrictive margin stop-out levels, and offers market execution.

Pro: The Pro account has even lower spreads than the other two commission-free accounts and you can switch between instant (dealer, or market maker) and market (agency) execution.

Zero Spread: Exness’ “zero spread” account charges a per-trade commission of $3.5 per side ($7 per round turn) and provides market execution, with no restrictions on leverage or stop-out, although margin calls trigger at 30%.

Raw: The Raw account also charges a per-trade commission of up to $7 per round turn lot ($3.5 per side) and features lower spreads with market execution, no restriction on leverage or stop-out, and a 30% trigger on margin calls.

Exness accepts deposits in different cryptocurrencies, available from within the client portal under its wallet section.

Active Trader program: Exness offers a Premier Program with various perks available depending on your total lifetime deposits and quarterly trading volumes, akin to an active trader program.

While there are no discounts in spread or commissions, there are three tiers: you qualify for Preferred if your total accrued deposits are at least $20,000 with $50 million or more in trading volume per quarter, Elite if you have at least $50,000 in deposits and $100 million or more in volume, and Signature if you have at least $100,000 in deposits and $200 million or more in volume. All tiers provide priority customer support, exclusive educational content, and trading analytics, along with special promotions and rewards from Exness. The benefit to the higher tiers are lifestyle benefits, such as access to events and unique experiences.

While some lifestyle perks can be valuable depending on your style and tastes, I am more of a fan of discounts on trading costs for active traders and believe educational content should be free regardless of the need to recoup the costs of providing such content to traders.