Exness review fees, platforms all you need to know

Also, once you have opened an account, the base currency cannot be changed, though a new account can be opened in an alternative currency. The exness group was established in 2008, with several global affiliates offering trading across the world. The ceo and founder, petr valov, is shaping the organisation with transparency and honesty at the heart of the business strategy. Ecs is not a financial services firm and does not operate as a financial services firm. Raw spread, zero and pro accounts require $200 minimum initial deposit. Except for a slight difference depending on your country, non-trading fees are low to non-existent.

Yes, exness is considered a trustworthy broker with  exness long-standing reputation in the forex market. It operates legally in over 130 countries and holds licenses from multiple regulatory authorities. When you choose exness, you are choosing a large, well-capitalised broker that provides a total trading service, leaving you free to concentrate on what’s important—the markets. I left an earlier review about how an account can be wiped out with their slippage issues. But after I contacted their support team with the trade id’s they have finally refunded my money back.

Which is precisely why cfds are great instruments for speculating short term, whereas real stocks provide better options for investing long term. Exness's browser-based webtrader provides fast trading and customization without downloading software. Includes charts, analysis tools, sentiment indicators, and account management features. Like other retail brokers, exness relies mostly  on spreads, commissions, and financing charges rather than fixed client fees.

In summary, exness caters to clients worldwide, maintains a global operational footprint, and complies with regulation across several  jurisdictions. They provide an accessible platform for international forex and cfd trading. When a trader holds a position open after market close, they are charged a small overnight or swap fee.

Regulation is present in various jurisdictions, giving traders the added sense of security required when investing capital. The exness zero (0) spread account offers no spreads throughout 95% of the trading day. However, our review found commission is applicable, with charges from $3.50 per lot/side.