A detailed explanation of Exness’ reputation and features

It offers unlimited leverage, which is rare in the industry, and a high-spec trading environment that even professional traders will be satisfied with!

Exness is an overseas FX broker that has earned a high reputation for offering an excellent trading environment, including unlimited leverage and the industry’s lowest spreads .

In recent years, brokers with high leverage have become more prevalent, and Exness is at the forefront of this boom. It also boasts the world’s largest trading volume among overseas FX brokers.

We will reveal why Exness has such high trading volume, as well as the good reviews of Exness and the bad reviews from active users.

Benefits of Exness

1.	Many millionaires! Aim for explosive profits with unlimited leverage
2.	Small amount high leverage is possible, making it ideal for the 10,000 yen challenge
3.	Gold and cryptocurrencies can be traded with the industry’s narrowest spreads.
4.	No bad reputation for refusing withdrawals or cancelling profits
5.	Swap-free and easy to hold for long periods
6.	Receive exclusive bonuses and perks for Premier members
7.	Fast deposits and withdrawals (24/7)
8.	Attentive Japanese support, even beginners can feel at ease
9.	The stop loss level is the best in the industry at 0%
10.	Scalping and multiple account hedging are possible
11.	Social Trading (Copy Trading) Recommended for FX Beginners
12.	Free VPS available if you meet financial requirements
13.	You can choose the account type that suits your trading style, such as a zero account
14.	The Exness App is easy to use
15.	A wealth of information available in Japanese
16.	Start trading at a great price with FXplus exclusive cashback

Cons of Exness

1.	There are no account opening bonuses or deposit bonuses
2.	If you are subject to a source of funds investigation, you will need to go through complicated procedures.
3.	Bank deposit minimum deposit is $100
4.	There are many rules limiting leverage
5.	The spread is wider in the early morning (5am to 7am Japan time)
6.	Requotes may occur depending on the account type.

This article is recommended for the following people

1. I want to know how safe is Exness?

2. I want to know the strengths and benefits of Exness

3. I want to know the disadvantages of using Exness

Table of Contents

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1. What kind of Forex broker is Exness?

   1. Owning eight licenses and expanding globally

   2. Segregation protects customer funds

   3. Member of the international dispute resolution organization (Financial Commission)

2. Benefits of Exness: A Good Review

   1. Use unlimited leverage to make huge profits
   2. Trade with the industry’s narrowest spreads
   3. There are no rumors of withdrawal refusal or profit cancellation.
   4. Swap-free and easy to hold for long periods
   5. Receive exclusive bonuses and perks for Premier members
   6. Fast deposits and withdrawals (24/7)
   7. Attentive Japanese support, even beginners can feel at ease
   8. The stop loss level is the best in the industry at 0%
   9. Updated trading conditions for traders
   10. Hedging is possible across multiple accounts
   11. Social Trading (Copy Trading) Recommended for Beginners
   12. Free VPS available if you meet financial requirements

3. The disadvantages of Exness revealed by its bad reviews

   1. There are no account opening bonuses or deposit bonuses
   2. If you are subject to a source of funds investigation, you will need to go through complicated procedures.
   3. Bank deposit minimum deposit is $100
   4. There are many rules limiting leverage
   5. The spread is wider in the early morning (5am to 7am Japan time)
   6. Requotes may occur depending on the account type.

4. Before you start trading with Exness

   1. Experience Exness trading with demo trading
   2. How to open an Exness account
   3. How to Log In to Exness
   4. Exness Trading Hours
   5. List of available deposit methods at Exness
   6. List of withdrawal methods available at Exness

5. 5Exness’s unique services are its greatest strength

6. More information on Exness

   1. Operating company information
   2. Japanese support and support desk
   3. Terms of trade and deposit protection rules
   4. Terms and conditions for each account type

7. Exness – Frequently Asked Questions (FAQ)

What kind of Forex broker is Exness?

Exness is an overseas FX broker established in Russia in 2008. Exness’s services for Japan were launched in 2020. Since then, its excellent service and bold trading conditions such as unlimited leverage have earned it a high reputation, and it has rapidly grown into a top-class broker in just a year.

Owning eight licenses and expanding globally

The Exness Group holds eight financial licenses, including those from the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Investments Commission (CySEC), which are some of the most difficult licenses to obtain globally , and operates globally.

Licenses held by Exness【登録番号】

The high level of safety of the Exness Group is attested to by the supervision of multiple strict third-party organizations. Another reason for Exness’s good reputation is the financial license that confirms the transparency of its business.

Segregated management ensures high safety of customer funds

Exness protects customer funds through segregation in the event of bankruptcy . Even if an overseas FX broker faces financial difficulties such as bankruptcy, the deposited funds are protected and there is no risk of intentional theft.

Exness’ financial information can be seen in the accounting report by Deloitte Tohmatsu , one of the world’s four largest accounting firms . Looking at the document, Exness’ capital adequacy ratio always exceeds the ratio of segregated customer funds, making it a highly secure broker.

Member of the international dispute resolution organization (Financial Commission)

Exness has voluntarily joined the Financial Commission since 2021 .

The Financial Commission is a third-party organization that fairly resolves issues that arise between FX, CFD and virtual currency (crypto asset) brokers and their customers.

If you experience any problems with Exness, you can file a complaint through the Financial Commission and receive compensation of up to € 20,000 for financial losses .

In recent years, there has been an increase in issues with overseas FX brokers refusing to accept withdrawals, but being affiliated with a third-party organization like Exness provides great peace of mind for users in terms of safety.

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What are the benefits of Exness? Explained based on reviews and word of mouth

We will introduce the benefits of Exness through the voices of our users. You will learn about the services that are highly satisfying for users and why you can use Exness with confidence .

Many millionaires! Aim for explosive profits with unlimited leverage

Exness’s ” Unlimited Leverage ” offers traders a great opportunity to aim for explosive profits, and has produced many millionaires around the world. Unlimited Leverage is available if you meet the following conditions:

Terms and Conditions for Unlimited Leverage

In the past, brokers offering high leverage were often looked upon with distrust due to their wide spreads and constant rumors of withdrawal refusals. However, Exness has shattered that preconception. With extremely narrow spreads and unparalleled speed of withdrawal procedures, it has built an overwhelming sense of reliability .

It is no exaggeration to say that Exness has revolutionized the FX industry . Its influence is truly worthy of being praised as a game changer in the industry, and it continues to attract a lot of attention within the industry.

Gold and cryptocurrencies can be traded with the industry’s narrowest spreads.

Exness is particularly focused on XAUUSD and BTCUSD, and offers some of the narrowest spreads in the industry for its professional, zero and low spread accounts. Therefore, Exness has a good reputation among intermediate and advanced traders who mainly do scalping and day trading , and is used by many traders.

The table below compares the average spreads between 13:00 and 19:00 with those of other companies . We are comparing with overseas FX brokers that have a reputation for offering narrow spreads.

Comparison of Exness spreads with other companies (including trading fees)

Overseas FX Brokers	EURUSD	USDJPY	GBP USD	XAUUSD
Pro Account	0.8	1.3	1.0	1.3
Elite Account	0.6	0.8	0.8	1.6
Raw Zero Account	0.4	0.7	0.7	1
Blade Account	0.8	1.3	1.0	1.3

プロ口座
EURUSD	0.8
USDJPY	1.3
GBPUSD	1.0
XAUUSD	1.3
エリート口座
EURUSD	0.6
USDJPY	0.8
GBPUSD	0.8
XAUUSD	1.6
Rawゼロ口座
EURUSD	0.4
USDJPY	0.7
GBPUSD	0.7
XAUUSD	1
ブレード口座
EURUSD	0.8
USDJPY	1.3
GBPUSD	1.0
XAUUSD	1.3

Although not as good as ThreeTrader , Exness’ spreads are still quite good.

Since Exness allows for unlimited high leverage, many users find it easier to use.

Read also

Explaining Exness’s cryptocurrency FX (Bitcoin FX)! Advantages over competitors | Exness | FX Plus™

Exness is a broker that allows you to trade cryptocurrencies such as BTC and ETH. This article provides a detailed explanation of Exness’ cryptocurrency FX, including the cryptocurrency names, leverage, spreads, and trading hours.

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No bad reputation for refusing withdrawals or cancelling profits

With Exness, you will not be denied a withdrawal or have your profits cancelled as long as you are engaged in normal trading.

There have been no reports of users being denied withdrawals or having profits cancelled for unreasonable reasons. As long as you follow the terms of use, you can rest assured that you can freely withdraw any profits you have made from trading at any time .

On the other hand, several cases of domestic bank transfers being rejected were reported in March 2023.

However, it has become clear that this was caused by a technical problem on the part of the provider . Social media is full of information, so if you come across information about “Exness withdrawal refusal,” be sure to investigate the cause.

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Withdrawal refusal on Exness? Explaining the cause of withdrawal errors and how to deal with them | Exness | FX Plus™

When making a withdrawal with Exness, if you do not follow the rules, an error may occur. This may be suspected as a withdrawal refusal, but in reality, it is often caused by an operational error. If you understand the correct operation and rules, you can withdraw with confidence.

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Swap-free and easy to hold for long periods

Exness uses a ” swap-free ” system where no swaps are incurred for certain instruments.

Exness has two types of swap-free: ” Standard Swap-Free ” and ” Preferential Swap-Free “. The two types of swap-free are determined by Exness’ proprietary algorithm, mainly based on trading volume.

Standard swap-free applies to all account types and cryptocurrencies except Bitcoin cross pairs .

When preferential swap-free is applied, in addition to standard swap-free, FX currency pairs will also be eligible for swap-free.

Exness preferential swap-free stocks

The advantage of swap-free stocks is that no swap is incurred when a position is carried over to the next day, making it easier to maintain long-term positions .

In particular, virtual currency swap-free is popular because it allows you to hold for long periods without worrying about swap costs. It is also ideal for “holding” in the hope of a long-term price increase.

Receive exclusive bonuses and perks for Premier members

Exness Premier is a program for loyal customers with high trading volume who can receive special benefits.

Specifically, this includes favorable trading terms, support from a dedicated account manager, access to Exness top management, and Exness Dollars when you retain your Exness Premier status.

Exness Premier has tiered statuses, including “Preferred,” “Elite,” and “Signature,” and the more you trade, the more luxurious VIP services you can receive. There are even traders who work hard to trade in order to become Premier.

For more information about Exness Premier, check out the following article:

Read the full article here

Become an Exness Premier Member! | Exness | FXPlus™

One of Exness’s popular programs, “Exness Premier,” is now available to residents of Japan from July 2021! Although it is a program exclusively for large-volume customers, by meeting the conditions, you can receive high-quality special services and benefits that are thoroughly differentiated from general customers.

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Fast deposits and withdrawals (24/7)

Exness responds to customer withdrawal and deposit requests 24 hours a day, 365 days a year, and is a well-known broker for its fast deposit and withdrawal responses.

All payments other than bank transfers (domestic bank transfers) are generally processed automatically and instantly, so withdrawals and deposits are completed quickly .

If you make a deposit by bank transfer between 9am and 2pm on weekdays, the funds will be reflected in your account within about 10 minutes.

Attentive Japanese support, even beginners can feel at ease

Exness has Japanese support staff on staff, and their specialized support staff will carefully respond to any questions or concerns you may have in Japanese.

Exness’ Japanese support has been highly praised for its sincere response when problems arise, including compensation in the event of the aforementioned trading malfunctions.

The stop loss level is the best in the industry at 0%

Exness’ stop loss level is set at 0%, the lowest in the industry. In other words, stop loss at Exness is essentially the same as a ” zero cut “.

The lower the stop loss level, the less funds will be left at the time of stop loss, but it allows for higher-risk, higher-return trading .

By setting extremely low stop loss levels like Exness does, traders can use up to the limit of their own funds as margin, making it a great fit for high leverage trading.

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Can you trade with a negative balance on Exness? The secret is stop-out protection | Exness | FXPlus™

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Updated trading conditions for traders

Exness regularly reviews its trading environment and makes improvements that traders will appreciate.

In the summer of 2024, trading costs dropped significantly. Specifically, the spreads for the particularly popular gold traded by 20%, crude oil traded by 68%, and Bitcoin traded by 64% have improved significantly. Trading at lower costs is now possible.

In addition, the reinstatement of free swaps for crude oil has made it easier to trade crude oil for long periods.

Hedging is possible across multiple accounts

Exness officially recognizes the following hedging strategies which are generally prohibited in overseas Forex trading:

Exness’s Hedging Trading Strategies

However, if you use another overseas FX broker, that broker must allow hedging. Please be careful as using an account with a broker that prohibits hedging may result in your account being frozen or suspended .

Scalping is also possible with Exness. Scalping is prohibited by domestic FX brokers and some overseas FX brokers, but there have been no reports of people being unable to withdraw funds due to scalping with Exness. You can trade in any style you like.

Social Trading (Copy Trading) Recommended for FX Beginners

Exness offers a copy trading service called ” Social Trading ,” which allows novice traders to copy entire trades made by more experienced traders.

The best thing about social trading is that it gives you the opportunity to make profits without any learning or experience as you can use professional trading strategies .

Copy trading is often used by overseas FX brokers to commit fraud, and many people distrust it.

However, Exness Social Trading has been in operation since 2015 and is now used by traders around the world. It also has a good reputation on social media, and there have been very few reports of fraud or misconduct, so it can be said to be highly safe.

For more information about Exness Social Trading, please see the following article:

Read the full article here

Trade like a pro with Exness Social Trading! | Exness | FX Plus™

With Exness’s social trading, even beginners to FX can trade in the same way as experienced traders. You can also become a “strategy provider” and receive rewards from investors who use your strategy.

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Free VPS available if you meet financial requirements

With Exness, you can use a VPS for free by meeting the following conditions. As a VPS rental service, these conditions are relatively easy to meet .

Exness Free VPS Terms and Conditions

VPS is a virtual server. Virtual servers can be operated without being affected by external factors such as PC connection problems, so they are essential for using automated trading systems .

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Introducing the bad reviews and complaints about Exness

On the other hand, not all of Exness has a good reputation. Some of its trading conditions have a bad reputation. Based on the reputation on social media, we will introduce the points that users feel are disadvantages .

There are no account opening bonuses or deposit bonuses

Exness is a broker that does not generally offer bonuses such as account opening bonuses or deposit bonuses . Brokers that have the highest trading conditions among overseas FX brokers often do not offer bonuses, but there are also complaints about this.

However, in general, brokers who focus on the trading environment do not offer bonuses. Exness does not offer bonuses, so it is inevitable that they do not offer bonuses, as they allocate their funds to creating a favorable trading environment.

If you are subject to a source of funds investigation, you will need to go through complicated procedures.

One of the most talked about topics regarding Exness recently is the tightening of fund management.

Exness will be conducting source of funds investigations on traders who deposit large amounts of funds from 2023 onwards. Source of funds investigations are a measure to prevent the use of illicit money, such as for money laundering .

The source of income test requires you to explain how you get your income and provide documents to prove it, and it has a reputation for being a tedious process.

Bank deposit minimum deposit is $100

There is also a noticeable reputation that the limits on the amount that can be deposited at Exness have become stricter .

Specifically, bank transfers, which previously allowed deposits of just 1 dollar (approximately 150 yen), will be subject to a minimum deposit of 100 dollars (approximately 15,000 yen) in 2024.

Additionally, the Pro account, which previously only allowed deposits of $500 , has now been increased to $1,000 , causing major frustration for traders who want to start small.

Also, please note that the minimum deposit amount may vary depending on the deposit and withdrawal provider used by Exness.

There are many rules limiting leverage

Exness sets detailed leverage limits for high-risk situations. Since there are a large number of users who trade with the aim of high leverage, there are many complaints about the leverage limit rules.

In Exness , as your equity balance increases, your maximum leverage will be gradually reduced. In addition, Exness has leverage limits at the time of index announcements and individual leverage limits for each stock , so it is important to note that there are many situations where you will be subject to restrictions.

It is necessary to fully understand the limitations and use leverage according to the situation. The following article explains in detail Exness ‘s ” leverage limitations “, ” maximum leverage by stock “, and ” how to change leverage “.

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Explaining the conditions for Exness’ unlimited leverage, leverage limits and how to change them! | Exness | FX Plus™

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The spread is wider in the early morning (5am to 7am Japan time)

Generally, spreads tend to be wider in the early morning Japanese time. This is because the New York and London markets, which have high trading volumes, are closed at that time.

Among them, Exness is known for having spreads that tend to widen, especially in the early morning hours Japan time .

High leverage is one of Exness’s strengths, but you should try to avoid rollovers when your margin maintenance ratio is extremely low.

Requotes may occur depending on the account type.

Exness has a reputation on social media for having a high number of “requotes” (rejections of execution) , where orders are rejected at certain times.

Exness’s Pro account uses a method called Instant Execution as its execution method. Instant Execution has the advantage of almost no slippage, but the disadvantage is that requotes occur frequently.

Exness Swap-Free Tier

Requotes are particularly common when indicators are announced or when there is a large tick volume, which can often be stressful when trading.

However, other accounts use Market Execution , so no requotes occur. If you want to avoid slippage, you should use a professional account, and if requotes are stressful, you should use a non-professional account.

Before you start trading with Exness

Experience Exness trading with demo trading

Exness offers demo accounts for all account types . Since Exnessdoes not offer new account opening bonuses, it is a good idea to first experience the trading environment with a demo account.

The trading environment for demo and real accounts is almost the same, so you can experience the Exness trading environment risk-free.

In addition, FX beginners should definitely use it to learn how to use and operate MT5. If you open a personal area from the link below, you can immediately start demo trading with an MT5 account.

Open the Exness account page

If you would like to open an Exness demo account, you can do so after opening your Personal Area by clicking on “ Try Demo Trading ” on the new account opening page.

How to open an Exness account

To open an Exness account, follow the steps below:

Exness Account Opening Procedure

First, open the account opening page using the link below.

Open Exness account page

Once you have entered your personal information such as your email address, password, name, and address, and uploaded your identity verification documents, your Exness account will be open.

The following article provides a detailed illustration of the Exness account opening procedure. Please refer to it if you have any questions about opening an account.

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Detailed explanation of how to apply for an Exness real account and account opening procedures | Exness | FX Plus™

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How to Log In to Exness

To log in to Exness, open Exness using the link below.

Open the Exness login page

Click “Sign In” in the top right corner of the screen to open the login page.

Once the login page opens, enter your email address and password and click “Continue” to log in to your My Page.

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A thorough explanation of Exness login procedures and points to note! Also introducing how to log in to MT4/MT5 | Exness | FX Plus™

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Exness Trading Hours

Exness FX currency pairs and CFDs can be traded during market open hours in Japan, Europe and the US.

Exness Trading Hours

In addition, Exness cryptocurrency trading is available 24 hours a day, 365 days a year. However, maintenance may be performed, so be sure to check your emails regularly for updates.

Also, please note that Exness uses Greenwich Mean Time (GMT+0) for its server time, so the time displayed on MT4/MT5 may differ from that of other companies that use GMT+2 (GMT+3 during daylight saving time).

List of available deposit methods at Exness

You can fund your Exness account with bank transfers, credit cards, online wallets and cryptocurrencies.

Exness Deposit Methods

For detailed deposit procedures and precautions to take into account when depositing funds into Exness, please see the article below.

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Exness Deposit Methods | Exness | FXPlus™

This article explains how to deposit funds into your Exness trading account and the deposit procedure using actual screens. There are three main ways to deposit funds into Exness: credit card/debit card, bank transfer, cryptocurrency deposit, online wallet transfer, and cryptocurrency payment service.

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List of withdrawal methods available at Exness

Withdrawals from your Exness account can be made via bank transfer, credit card, online wallet or cryptocurrency.

Exness Withdrawal Methods

1. If you have made a deposit by credit card, the funds will be refunded and must be withdrawn to the credit card used for the deposit. Profits cannot be withdrawn using this method.
2. Instant means that the transaction begins immediately without any manual intervention on Exness’s side. Please note that this does not mean that the funds will arrive immediately.

Generally, withdrawals to online wallets are reflected immediately. In addition, withdrawals using cryptocurrencies are processed immediately by Exness after the withdrawal request, so the funds usually arrive within an average of 15 to 30 minutes.

For detailed withdrawal procedures and precautions from Exness, please see the article below.

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Exness Withdrawal Methods | Exness | FXPlus™

We explain how to withdraw money from your Exness trading account and each withdrawal procedure using actual screens. With Exness withdrawal, you can withdraw money by “credit card/debit card”, “bank transfer”, “cryptocurrency transfer”, and “online wallet transfer”, just like depositing money.

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Exness’s greatest strength is its unique service

In addition to offering one of the best trading environments among overseas FX brokers, Exness has also earned a good reputation on social media thanks to its high-quality services that make use of the knowledge and experience of its group management.

Particularly positive reviews included unlimited leverage, swap-free trading, and narrow spreads. However, some negative points were pointed out, including the lack of bonuses and sometimes strict trading conditions.

However, the services offered by Exness are unique and attractive to many traders. Exness offers a cutting-edge trading environment for traders of all levels, from beginners to advanced traders. Come and experience the comfortable trading environment offered by Exness for yourself.

Open Exness account page

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A thorough comparison of Exness spreads for all stocks! Also includes explanations of early morning spreads and contract rejections | Exness | FX Plus™

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More information on Exness

Operating company information

Japanese support and support desk

As this is an international call, the customer will be responsible for the call charges.

Terms of trade and deposit protection rules

Terms and conditions for each account type

1. Please check
   your account type
   for details on supported currencies .
2. Unlimited Leverage is available only if your account balance is less than $5,000, you have closed at least 10 positions (excluding limit orders), and traded 5 lots or more. The maximum leverage is subject to restrictions based on your account balance.
3. Between 6:00am and 3:59pm (7:00pm to 4:59am in winter time), the maximum number of lots is limited to 20 lots.
4. The fee is per order (one way) and per lot. The transaction fee varies depending on the trading instrument.
5. You can open up to 100 trading accounts.

Exness – Frequently Asked Questions (FAQ)

We have compiled a list of frequently asked questions about Exness.