Exness – reviews of forex broker partner Real Madrid

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Exness Forex Broker Review

Last Updated: February, 2020.

Launched in 2008, the Exness Group is a true veteran of the online FX/CFD industry. Its reach extends to most of the world. It currently maintains offices in three different locations, where the brand is represented by three different corporate entities.

This way, the brokerage has secured the regulatory backing of three jurisdictions, two of which are indeed serving some major markets.

That considered, its reputation is hardly optimal. There are many problems with the operation from the perspective of traders. Most complaints focus on the withdrawal system/procedures, which are allegedly quite focused on denying withdrawal requests.

Stop-loss hunting and slippage is part of the Exness situation as well. While Exness support seems helpful and knowledgeable, many traders have complained about its inefficiency.

As mentioned, the corporate background of the operation is extensive and intricate.

The “global” side of the brokerage is handled by a certain Exness Limited, based in St Vincent and the Grenadines. This company is a locally registered International Business Company. It is licensed and regulated by the local authorities.

The EU-focused branch of the broker is supported by Exness CY Limited, based and registered in Cyprus. The registration number of the company is HE 293057. CySEC regulates this outfit. The CySEC license number of the operator is 178/12.

Exness UK Ltd. is the FCA-regulated side of the brokerage. The registration number of this company is 088611481. The FCA registration number is 730729.

In addition to the above, Exness is also registered with Italy’s CONSOB and Spain’s CNMV.

It is clear from the above that the regulatory status of the broker is quite outstanding. CySEC and FCA regulation means that it is fully MiFID-compliant, which also means that it should in fact be a trustworthy trading destination. It should also offer some attractive guarantees for traders.

What is the unique selling point of the brokerage? Why should you sign up and make a real money deposit with it?

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According to Exness.co.uk (and Exness.eu for that matter too), the broker is a sponsor of Real Madrid. According to the same page, it also sponsors Cristiano Ronaldo, arguably the best football player in the world.

Ronaldo has been playing for Italian side Juventus for a while now though. Either the information is out of date, or Exness has some sort of special sponsorship deal going with the football star.

The broker prides itself on its allegedly superb order execution, its tight spreads, commission-free deposits and withdrawals. Long story short: its trading conditions are theoretically very attractive.

Exness also promises direct access to interbank liquidity – which is also a major asset.

Environmentally conscious traders will be pleased to learn that the broker supports couple of WWF projects aimed at the protection of polar bears and Persian leopards.

What traders and would-be traders must know about Exness is that it is mostly a DD (Dealing Desk) broker, meaning that it acts as a market maker.

While it offers ECN access too, such accounts can only be had at Exness Ltd.

The Various Exness Account Types

The account type picture is a little hazy at Exness. The available selection depends on the broker branch one registers with, as well as the trading platform.

Exness Limited clients have the most options. MT5 accounts are only available on that branch.

There is a Mini Account offered, with a minimum deposit requirement of just $1. The maximum leverage on this account type is apparently 1:2,000. Spreads start from 0.3 pips.

The MT5 Classic Account features better spreads (from 0.1 pips) and a minimum deposit of $2,000.

As far as the MT4 platform is concerned, there’s a greater diversity of available account types.

The Cent Account and the ECN Account are only available for Exness Ltd. traders.

Like the above detailed Mini Account, the Cent one features a minimum deposit of just $1, allegedly unlimited leverage and spreads from 0.3 pips.

The ECN Account requires a minimum deposit of $300. The maximum leverage is 1:200 and spreads start from 0 pips. There is a $25 commission charged on every $1 mln traded.

The ECN account offers ECN execution and it does not have the broker acting as a market maker.

The Mini Account is available to Exness Ltd. and Exness CY Ltd. clients.

It too requires a minimum deposit of $1, with spreads beginning from 0.3 pips.

The Classic Account is available on all broker branches. It is therefore the “flagship” offer of the brokerage in this regard.

On MT4, it requires a minimum deposit of $500 and it apparently offers unlimited leverage. Spreads on this account type start from 0.1 pips. No trading volume-linked commissions are charged.

Exness Trading Platform Software

As made clear above, Exness supports MT4, MT5 and a selection of Mobile platforms.

MT4 is the flagship platform of the operation. It can be downloaded for free off the Exness website, and it can be installed in a couple of minutes. The platform is available for Windows, Mac, Linux as well as Android-based devices.

MetaQuotes’ most popular trading platform comes with scores of preinstalled technical indicators, drawing tools and supported time frames. It offers a Web Terminal option too, together with EA support. The broker features a VPS hosting option, so EAs can indeed be put to good use.

MT5 is advertised as the improved version of MT4, although that is generally not true for this platform. It is indeed designed to serve different purposes than its predecessor, and as such, it is hardly its direct competitor.

Exness’ version of the platform supports an impressive number of pending order types, such as: Sell Stop, Buy Stop, Sell Limit, Buy Limit, Sell Stop Limit and Buy Stop Limit.

Hedging is supported on MT5. The platform features some 21 time frames and there is a built-in FX calendar.

Market Coverage Provided by Exness

The brokerage is focused on Forex. To this end, it offers some 38 currency pairs, with some rather decent trading conditions. On the EUR/USD pair for instance, spreads start from just 0.5 pips on the co.uk MT4 Classic Account.

The margin requirement on the same pair is 3.3%.

The spread on some more exotic pairs can be quite daunting though. On the USD/MXN for instance, it is a handsome 70 pips.

Exness Deposits and Withdrawals

The broker only supports 4 Deposit/Withdrawal methods. That said, these methods cover most of the needs traders could have in this regard.

We are talking about Wire Transfer, Bank Card (VISA and MasterCard), Neteller and Skrill.

Of these methods, all but the Wire Transfer, are considered to be “instant”. Wire transfers take 3-5 business days to process.

The minimum deposit for wire transfers is $10. The same goes for Neteller and Skrill. Via card, the minimum is $3.

For withdrawals, the minimum is $40 for wire transfers. None of the supported methods charge any sort of fees.

Withdrawals are said to be instant on Neteller and Skrill.

Exness Review Conclusion

Exness looks like a solid trading destination. It is well regulated and the platforms/account options it offers are fairly decent as well.

That said, its reputation-related issues simply cannot be overlooked. There are way too many complaints out there to ignore, and they concern some of the most important operational aspects.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Exness

The Exness Group is an international, award-winning retail forex broker founded in 2008. With a deep understanding of traders’ needs, the forex company provides accessible, stable, and reliable brokerage services through the use of modern trading and investment technologies.

Clients of the Exness Group have the opportunity to trade forex currency pairs, precious metals, and CFDs, under some of the best trading conditions the industry has to offer, including instant withdrawal of profits and outstanding order execution.

The Group is authorized and regulated by key European financial regulators CySEC and the FCA, in line with its ongoing commitment to offer clients a secure trading environment within a transparent regulatory framework.

Real Madrid and Exness present their sponsorship agreement

“They are a symbol of strong leadership, they share our search for excellence”, stated Butragueño at the event, which Benzema, Kroos, Achraf and Vallejo also attended.

Real Madrid sign a sponsorship agreement with Exness

The club has established an alliance with a leading company in exchange markets operations.

EXNESS Group reviews and rating of the company

Important! To receive awards from our Association, you need to get out of the Personal Office of EXNESS; Go through the IAFT referral link on the broker’s website, previously cleaned the cookies and cache memory in your browser; Click “Login” and log in to the Personal Office EXNESS; Open a new account. After confirming the opening of a new account in the partner group of IAFT, you can make an internal transfer without a commission to the new account.

History of EXNESS Group

“Exness” group of companies was established in the year 2008. Thanks to the profitable conditions of cooperation, “Exness” company is always on top of the brokerage companies’ ratings nowadays. This company gives traders a possibility to perform their trading activity using more than 120 financial instruments and minimal currency spreads.

The broker’s official web-site is available in 18 languages with “Exness” live chat on it, and its English and Chinese-languages versions provide 24/7 support service. All you have to do to get access to the aforementioned features is to use “Exness” sing up function on the main page of the company’s web-site.

Exness Limited customers are provided with an access to “Unlimited leverage” feature. With the help of this opportunity they can perform a precise control of their deposits activity. Moreover, this feature significantly decreases the marginal calls. Beyond that, the traders are offered to participate in the exclusive affiliate program, to trade via their mobile devices and “Exness” web-terminal, and to work under any strategy they wish.

All “Exness” broker’ customers are provided with a possibility to withdraw their money almost immediately, with the help of the popular electronic payment systems. So, the trader can, at all hours, control the money amount on his/her trading account.

Exness(CY) Ltd is the member of ICF compensation fund that was created to ensure the financial security of the traders in case of force majeure. This broker is the partner of the following strongest world’s financial institutions: Barclays, OCBC Bank, Baltikums. The traders’ funds are placed on the special segregated accounts and the identification of each owner of the trading account is performed by the special protective algorithms guaranteeing the maximum security level.

“Exness” company’s customers are able to use some financial reviews and analytical materials of the professional traders, who give an objective assessment of the current conditions of the markets and forecast the future movements of the currency pairs. Such analytical materials will definitely be of benefit to the traders with the different level of skills.

“Exness” reviews on this page will help the financial markets’ players to make the right choice. Aside from that, you can find “Exness” rating on IAFT web-site.

Real reviews of EXNESS 2020

pretty good ecn provider. believe me newbies, it’s is a ver y important factor to check before you start trading with a broker which opens an access to the interbank. this one has everything arranged already, like good bridges and fast execution of pending orders. once i even asked them to send me some info about my order execution. just for the sake of curiosity, you know))) and theн did! sent me a report showing a lot of numbers and values. it was a greek to me haha))) but i also found there what i actually needed – i saw the nprovider’s name, which proves that they execute outside of their platfor. cannot say a word ‘bout other account types. never tried them.

I’ve chosen Exness broker because i got used to make business only with strong and serious partners without cheating and tricks. Open my account 3 months ago and have already withdrawn earning several times. Plus, a couple of day ago i got some bonuses and i am glad that this company is trying to improve its trading conditions. I’m gonna recommend this company to all my friends who are thinking about trying their hand on financial markets.

i placed 100 bucks just to test their withdrawal means and found no money after withdrawal request. i still have no idea where they took my money. actually i don’t give a fuck cause have no problems with money. i just tested them. another scammer. don’t deal with it.

yeap dudes. i confirm all those words you wrote above. the same shit happened with me. dunno what 2 do now((( probably someone here can help in my situation. i made depo and even traded with currency pairs, but not for long… then my friendz offered me to come to another dealing center with better conditions. why not. and i placed a request for withdrazwals. but no such luck(( well, i’ve been waiting for 16 days already. one positive sign is that their support service answers my messages – they say they got problems with processin. but i dont believe ‘em. seems like they are hoodwinking me and promising jam tomorrow…
pleeeez help me out with that situation! maybe someone found a way to get money back! what should i do?

I can’t but agree that this rating contains only the best brokerage companies. Very big list and I guess everyone can find here a company to its taste. As for me, I like EXNESS. This company is very user-friendly and they really for people’s interests.

СОДЕРЖАНИЕ

Broker review EXNESS

​Forex broker EXNESS has long been working in the Forex market and its main specialization is the provision of trading services in the international financial markets. At the moment, the broker offers all clients the opportunity to trade with more than 120 financial instruments on the most favorable trading terms. The company has an ISO certificate as well as a CySEC license (No. 178/12).

The main advantages of the broker are:

– automatic withdrawal of funds from the account without restrictive limits;

– favorable trading terms;

– the possibility of free use of VPS-service;

– profitable partner program;

– access to the interbank market;

– qualified support in 15 languages.

With EXNESS you can trade currencies and metals in Forex. In addition, futures and CDF are also available for trading. For trading, the broker provides millions of traders with convenient and already trusted trading terminals such as MetaTrader4 and MetaTrader5.

There are several accounts at the choice of the customer:

  • Minimum deposit – none
  • Leverage – unlimited
  • Spread from 0.3 pips.
  • Minimum order volume – 0.01 lot
  • Minimum deposit – none
  • Leverage – unlimited
  • Spread from 0.3 pips.
  • Minimum order volume – 0.01 lot
  • Minimum deposit – 2 000 USD
  • Leverage – unlimited
  • Spread from 0.1 п.
  • Minimum order volume – 0.01 lot
  • Minimum deposit – 300 USD
  • Leverage – 1:200
  • Spread from 0 pip.
  • Minimum order volume – 0.01 lot

For ensuring the safety of allocation of the clients’ funds, they are stored separately from the company’s funds on bank accounts thus providing protection from force majeure.

According the client’s reviews the metal-currency account is also very popular. This account is an investment portfolio which consists of one or more precious metals and/or currencies. The distribution of money between several financial instruments diversifies risks, thereby keeping investments from price fluctuations.

The EXNESS broker allows to get additional profit from participating in the partner program. All its participants can receive up to 25% of additional income.

There are several options to deposit/withdraw money:

– YandexMoney, Perfect Money, WebMoney, Neteller, Skrill, CachU EPSs.

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