Exness is a Forex company established in 2008. It is a recommended company for scalping because the spread is narrow and the transaction cost is low. There are a wide variety of currency pairs and 127 types are available. Therefore, there should be the most stocks handled among the existing Forex companies. There are multiple account types, and you can choose according to your trading style and preferences. The company also has a very high quality of user support and a very good reputation from users. It has a financial license from the FCA (Financial Conduct Authority) in the United Kingdom and has a high credit rating.
Company information
Exness is an overseas Forex brand operated by Nymstar Limited. The FX trading service will be available in 2008.
Operating company name | Nymstar Limited |
Headquarters location | F20, 1st floor, Eden Plaza, Eden Island, Seychelles |
license | FSA:Seychelles Financial Services Agency |
Business start date | 2008 |
Capital | Unpublished |
number of employees | 500 |
license
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is Exness licensed?
Company Name | Acquisition license |
Nymstar Limited | FSA:Seychelles Financial Services Agency |
Exness(Cy)Ltd | Cyprus Securities and Exchange Commission (CySec) |
Exness(UK)Ltd | UK Financial Conduct Authority (FCA) |
Email support
Exness supports the following:
Inquiry method | Contents |
You will receive a reply within 24 hours on weekdays. You will receive a reply in about a day. | |
Live chat | Available hours: Weekdays 8:00 to 12:00 (Japan time). Use chat if you want an immediate response. |
supported language
support 10 languages. Below is a list of supported languages.
- English
- Chinese language
- Thai language
- Bahasa Indonesia
- Tiong Vietnam
- Hindi
- Korea
- Francais
- Espanol
- Portuguesa
- Japanese
- Bengali
Loss compensation
Exness has a guarantee system.
Guarantee system | Contents |
Zero cut | They will not charge any loss in excess of the margin to protect the trader’s funds. There is no risk of having a debt. |
Withdrawal method
Exness supports the following withdrawals.
Withdrawal method | Withdrawal fee | Reflection time |
credit/ debit card | Free | A few days to 2 months |
Bank remittance | Free | 1-3 business days |
Bitcoin | Free | Within 72 hours |
Tether | Free | Within 72 hours |
Bitwallet | Free | Immediately |
STICPAY | Free | Immediately |
Perfect Money | Free | Immediately |
Webmoney | Free | Immediately |
Payment method
Exness supports the following deposits.
Payment method | Deposit fee | Reflection time |
Bank remittance | Free | within 24 hours |
credit card | Free | Immediately |
Bitcoin | Free | Within 72 hours |
Tether | Free | Within 72 hours |
Bitwallet | Free | Immediately |
STICPAY | Free | Immediately |
Perfect Money | Free | Immediately |
Webmoney | Free | Immediately |
Account type
Exness supports the following account types.
item | Standard account | Professional account Low spread | Professional account zero | Professional account Low spread |
Trading platform | MT4,MT5 | MT4,MT5 | MT4,MT5 | MT4,MT5 |
Brands handled | Foreign exchange Precious metals energy Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index Cryptocurrency | Foreign exchange Precious metals energy Stock index Cryptocurrency |
Transaction fees | Free | $3.5 | $3.5 | Free |
Spread | 1.1pips | 0.0pips | 0.0pips | 0.6~0.7pips |
Minimum trading volume | 0.01 | 0.01 | 0.01 | 0.01 |
Stop level | 2.7pips | 2.7pips | 4.4pips | 2.7pips |
Scalping | Possbile | Possbile | Possbile | Possbile |
Automatic trading | Possbile | Possbile | Possbile | Possbile |
Double-decker | Possbile | Possbile | Possbile | Possbile |
Minimum deposit | $1 | $200 | $200 | $200 |
Currency pair
Exness supports a large number of currency pairs. Spreads are also listed.
Currency pair | Standard account | Low spread account | Zero account | Professional account |
AUD/USD | 1.5 | 0.2 | 0.0 | 0.9 |
EUR/USD | 1.0 | 0.0 | 0.0 | 0.7 |
GBP/USD | 1.5 | 0.2 | 0.0 | 1.0 |
NZD/USD | 2.0 | 0.5 | 0.0 | 1.2 |
USD/CAD | 2.3 | 0.4 | 0.0 | 1.3 |
USD/CHF | 1.5 | 0.3 | 0.1 | 1.0 |
USD/JPY | 1.1 | 0.0 | 0.0 | 0.7 |
AUD/JPY | 1.3 | 0.1 | 0.0 | 0.8 |
CAD/JPY | 2.6 | 0.7 | 0.3 | 2.4 |
CHF/JPY | 2.7 | 0.3 | 0.4 | 1.8 |
DKK/JPY | 2.3 | 0.6 | 0.5 | 1.4 |
EUR/JPY | 1.9 | 0.4 | 0.1 | 1.2 |
GBP/JPY | 2.0 | 0.5 | 0.0 | 1.2 |
HKD/JPY | 2.0 | 0.5 | 0.4 | 1.3 |
MXN/JPY | 40.8 | 15.0 | 11.7 | 25.5 |
NOK/JPY | 16.6 | 8.0 | 7.7 | 10.2 |
NZD/JPY | 2.9 | 0.9 | 0.0 | 1.8 |
SEK/JPY | 20.6 | 10.0 | 8.8 | 12.7 |
TRY/JPY | 21.8 | 4.4 | 3.4 | 13.3 |
ZAR/JPY | 6.5 | 0.5 | 0.5 | 2.3 |
AUD/CAD | 2.5 | 0.6 | 0.3 | 1.5 |
AUD/CHF | 2.3 | 0.6 | 0.1 | 1.4 |
AUD/DKK | 353.2 | 185.1 | 97.6 | 220.7 |
AUD/GBP | 2.3 | 0.8 | 0.0 | 1.4 |
AUD/MXN | 752.2 | 467.1 | 171.8 | 558.5 |
AUD/NOK | 3035.5 | 1311.7 | 1357.6 | 1337.8 |
AUD/NZD | 2.3 | 0.3 | 0.2 | 1.5 |
AUD/SEK | 1759.1 | 855.0 | 789.2 | 1111.3 |
AUD/SGD | 6.0 | 4.8 | 3.3 | 3.8 |
AUD/TRY | 303.5 | 152.3 | 123.9 | 236.9 |
AUD/ZAR | 337.0 | 190.3 | 87.8 | 287.4 |
CAD/CHF | 1.5 | 0.2 | 0.2 | 1.2 |
CAD/MXN | 778.0 | – | – | 558.6 |
CAD/NOK | 1010.5 | – | – | 629.8 |
CAD/PLN | 331.7 | – | – | 210.3 |
CAD/TRY | 324.4 | 160.6 | 130.2 | 209.8 |
CAD/DKK | 106.4 | – | – | 66.7 |
CHF/MXN | 2274.5 | – | – | 1703.8 |
CHF/NOK | 1434.2 | 717.4 | 679.6 | 896.7 |
CHF/PLN | 474.1 | – | – | 298.7 |
CHF/SEK | 1730.1 | 861.4 | 839.6 | 1081.6 |
CHF/SGD | 21.9 | 12.7 | 11.0 | 14.4 |
CHF/TRY | 463.7 | 219.9 | 190.7 | 352.0 |
CHF/ZAR | 303.6 | 171.7 | 74.4 | 430.9 |
DKK/PLN | 74.9 | – | – | 47.2 |
DKK/SGD | 5.4 | 4.6 | 3.5 | 3.5 |
DKK/ZAR | 82.4 | – | – | 70.7 |
EUR/AUD | 2.3 | 0.4 | 0.0 | 1.5 |
EUR/CAD | 2.4 | 0.3 | 0.0 | 2.0 |
EUR/CHF | 2.9 | 1.0 | 0.5 | 1.8 |
EUR/DKK | 62.3 | – | – | 39.7 |
EUR/GBP | 1.6 | 0.4 | 0.0 | 1.0 |
EUR/HKD | 47.8 | – | – | – |
EUR/MXN | 967.4 | 476.5 | 437.8 | 935.8 |
EUR/NOK | 2500.0 | 1685.9 | 337.2 | 1385.7 |
EUR/NZD | 3.6 | 1.0 | 0.6 | 2.2 |
EUR/PLN | 176.3 | 87.1 | 55.2 | 118.1 |
EUR/SEK | 2240.0 | 981.5 | 449.4 | 1991.0 |
EUR/SGD | 9.3 | 4.4 | 2.8 | 5.8 |
EUR/TRY | 251.6 | 130.5 | 87.9 | 246.0 |
EUR/ZAR | 781.0 | 387.1 | 163.1 | 488.2 |
GBP/AUD | 2.8 | 0.7 | 0.0 | 1.8 |
GBP/CAD | 3.5 | 1.1 | 0.0 | 2.2 |
GBP/CHF | 2.7 | 0.9 | 0.0 | 1.7 |
GBP/DKK | 478.8 | 248.0 | 127.5 | – |
GBP/ILS | 91.1 | – | – | 53.2 |
GBP/MXN | 1095.7 | – | – | 1021.5 |
GBP/NOK | 1722.2 | – | – | 1565.0 |
GBP/NZD | 6.6 | 2.5 | 1.3 | 4.1 |
GBP/PLN | 561.7 | – | – | 364.3 |
GBP/SEK | 2079.6 | 1046.8 | 898.6 | 1292.2 |
GBP/SGD | 148.6 | 76.1 | 38.8 | 92.8 |
GBP/TRY | 555.3 | 264.3 | 231.2 | 469.4 |
GBP/ZAR | 513.2 | 273.5 | 123.5 | 501.3 |
USD/CHN | 40.5 | – | – | 25.2 |
USD/DKK | 65.7 | 31.8 | 16.5 | 42.0 |
USD/HKD | 38.9 | 16.7 | 14.2 | 24.4 |
USD/HRK | 182.4 | – | – | – |
USD/HUF | 31.0 | – | – | 18.3 |
USD/ILS | 47.6 | – | – | 29.8 |
USD/LTL | 8.8 | – | – | – |
USD/MXN | 1225.9 | 313.3 | 296.1 | 715.8 |
USD/NOK | 1028.0 | 512.2 | 492.6 | 642.5 |
USD/PLN | 337.0 | 168.6 | 142.9 | 217.6 |
USD/RUB | 368.4 | 157.5 | 151.0 | 230.2 |
USD/SEK | 1243.2 | 619.8 | 608.7 | 777.0 |
USD/SGD | 14.1 | 6.7 | 2.7 | 8.9 |
USD/THB | 83.6 | 40.3 | 34.4 | 50.0 |
USD/ZAR | 474.5 | 93.9 | 24.9 | 296.5 |
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about Exness, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. Double-decker, scalping, and automated trading are permitted.
Case study | Contents |
Withdrawal priority | Credit cards have the highest priority. Next is BTC and electronic wallet. |
Withdrawal while holding a position | You cannot withdraw while you have a position. |
Trades that overload the system | Making many transactions in a short time using the system violates the trading rules. The account may be frozen. |
Withdrawal method different from deposit method | Please use the same deposit method to prevent money laundering. |
Other Forex companies, virtual currency exchanges
If you are looking for other Forex companies or crypto exchanges, there is a list below in the link below
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