Summary of Exness: Reputation, Ratings, and Why It's Considered a Top FX Broker
The overseas FX broker Exness is highly rated by traders despite not offering bonuses, with many Japanese traders choosing to open accounts.
There are many reasons why Exness is considered one of the best FX brokers. It offers unique services and a flexible trading environment that set it apart from other overseas FX brokers, providing significant advantages.
If you're wondering what makes Exness stand out, refer to its reputation and ratings to decide whether to open an account. Use this article as a guide for your decision-making process.
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Is Exness a Safe and Reliable FX Broker for Opening Accounts and Trading?
Before diving into the features of Exness, let’s address concerns about the safety and reliability of FX brokers. Some investors may worry about potential risks or lack of trustworthiness. Rest assured, Exness provides a secure and well-structured trading environment that ensures peace of mind for all users.
Why Exness is a Safe Choice for Traders
Key Safety Features of Exness
- Regulatory Compliance：Headquartered in Cyprus, Exness holds a Cyprus Securities and Exchange Commission (CySEC) license and has obtained financial licenses in seven countries worldwide.
- Client Fund Protection：Client funds are kept in segregated accounts, ensuring they are separate from the company’s operational funds.
Exness is a member of a compensation fund, providing protection in case of unforeseen events. - Transparency：Exness publishes monthly reports detailing trading and withdrawal statistics, including the total amount withdrawn by clients.
These robust measures make Exness a highly reliable FX broker that even beginners can trust to open accounts and trade securely.
Why Beginners Can Feel Confident with Exness
Thanks to its comprehensive safety systems and transparent practices, Exness stands out as a trustworthy FX broker for new and experienced traders alike.
Let’s explore these safety features in more detail and see how Exness delivers a high level of trustworthiness and security for its users.
Exness's headquarters is licensed in Cyprus and has obtained financial licenses in seven countries.
Regarding the safety and reliability of Exness, it is evident from the fact that its headquarters is licensed in Cyprus and the group as a whole holds financial licenses in seven countries.
To begin, here is some information about Exness's headquarters:
| Item | Details |
| Company Name | Exness (Cy) Ltd |
| Company Address | 1, Siafi Street, Porto Bello, Office 401, CY-3042, Limassol, Cyprus. |
| Registration Number | 293057 |
| License Number | 178/12 |
| Regulatory Authority | Cyprus Securities and Exchange Commission (CySEC) |
The Cyprus license is known to be one of the most rigorous and difficult-to-obtain financial licenses in the world.
In addition, the financial licenses obtained by the Exness Group in other countries are as follows:
About the Licenses Obtained
- Exness (SC) Ltd (formerly Nymstar Limited): Licensed by the Seychelles Financial Services Authority (FSA), License No. SD025
- Exness B.V.: Licensed by the Central Bank of Curaçao and Sint Maarten (CBCS), License No. 0003LSI
- Exness (VG) Ltd (formerly Venico Capital Limited): Licensed by the British Virgin Islands Financial Services Commission (FSC), License No. SIBA/L/20/1133
- Exness (Cy) Ltd: Licensed by the Cyprus Securities and Exchange Commission (CySEC), License No. 178/12
- Exness (UK) Ltd: Licensed by the Financial Conduct Authority (FCA) in the UK, License No. 730729
- Exness ZA (Pty) Ltd: Licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, License No. 51024
- Exness (MU) Ltd: Licensed by the Mauritius Financial Services Commission (FSC), License No. GB20025294
The companies providing services to the Asian market are Exness (SC) Ltd (formerly Nymstar Limited), Exness B.V., and Exness (VG) Ltd (formerly Venico Capital Limited).
With so many financial licenses obtained and strict regulations enforced, it is evident that Exness operates in a sound and trustworthy manner.
Exness manages client funds through segregation and participates in a compensation fund, providing protection in case of emergencies.
Regarding the safety and reliability of Exness, it is clear that the broker manages client funds separately and is part of a compensation fund, ensuring protection for investors even in unforeseen circumstances.
About Client Fund Management
- Funds deposited by investors are fully segregated and managed in bank accounts separate from the company’s operational accounts. This ensures that client funds cannot be used for the company’s operations in case of any financial issues.
- Exness is a member of the Financial Commission, an international organization dedicated to resolving disputes in the forex market. This membership provides a compensation scheme of up to €20,000 per client.
The Financial Commission was established as a neutral third-party organization to fairly review and resolve complaints.
Compared to traditional financial regulatory bodies and legal frameworks, the Financial Commission aims for simpler and faster dispute resolution as an independent external organization.
Exness publishes monthly trading and withdrawal reports to ensure transparency.
Exness demonstrates its safety and reliability by publishing reports every month, detailing trading results and the total amount of withdrawals.
Transparency in Operations
- Exness publishes data on active traders, trading volume, and the total amount withdrawn on a monthly or quarterly basis via its official website.
- For example, during Q4 of 2023 (October to December), investors withdrew over $1.628 billion in profits from Exness.
Very few overseas FX brokers disclose such information, showcasing the high level of transparency Exness operates with.
While Exness does not reject withdrawal requests for unjustified reasons, requests that do not comply with the withdrawal rules may be put on hold or canceled. Please ensure compliance with the withdrawal policy when submitting your request.
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What Are the Features That Make Exness One of the Best FX Brokers, Backed by Positive Reviews and High Ratings?
Exness is often regarded as the best FX broker due to its outstanding features, as highlighted by positive reviews and ratings:
Recommended Features of Exness
- Unlimited leverage, reportedly up to 2.1 billion times, allowing for highly efficient trading with limited capital.
- A zero percent stop-out level with stop-out protection, enabling full utilization of margin.
- A zero-cut system ensures no negative balance, even during high-leverage trades.
- Industry-leading tight spreads combined with low trading fees, keeping total costs minimal.
- Social trading (copy trading) allows traders to profit without executing trades themselves.
- Free VPS available under certain conditions, ensuring trades are not affected by computer specs or internet connection issues.
- Exclusive swap-free status lets traders operate with major currency pairs without incurring swap fees.
There are very few overseas FX brokers that can match the trading environment Exness provides.
Don’t you agree that being called the best overseas FX broker is far from an exaggeration?
We will explain each of these features in detail so you can better understand Exness's superior trading environment.
Unlimited Leverage Reportedly Up to 2.1 Billion Times for Highly Efficient Trading | Exness's Trading Environment
One of the key reasons Exness is considered the best FX broker is its unlimited leverage, reportedly up to 2.1 billion times, enabling highly efficient trading.
About Unlimited Leverage
- While many overseas FX brokers offer leverage of 1,000x or 2,000x, Exness provides unlimited leverage, reportedly up to 2.1 billion times.
- To qualify for unlimited leverage, traders must meet three conditions: complete trades totaling 5 standard lots (500 cent lots), execute at least 10 trades, and maintain equity below $1,000 (up to $999.99).
- With such extraordinary leverage, traders have the potential to significantly grow their capital, even with limited initial funds.
- For those who don’t meet the conditions for unlimited leverage, the maximum leverage is 2,000x—still a highly competitive level.
In FX trading, maximizing capital efficiency is crucial for success. Unlimited leverage is, therefore, one of the most important features to consider.
However, higher leverage increases the risk of forced stop-outs due to small price movements. Traders must carefully monitor their margin maintenance levels when holding positions.
The Stop-Out Level Is 0% with Stop-Out Protection, Allowing Full Use of Margin | Exness Trading Environment
One of the reasons Exness is regarded as the best FX broker is its 0% stop-out level combined with stop-out protection, which allows traders to fully utilize their margin.
About the Stop-Out Level
- One of the most concerning scenarios in FX trading is a forced stop-out due to a decline in margin maintenance levels.
- While most FX brokers set stop-out levels between 20-50%, Exness offers an incredible 0% stop-out level.
- This feature alone allows for efficient use of investment funds, and when combined with stop-out protection, trading efficiency is further enhanced.
- Stop-out protection means that if the spread widens when the stop-out level is at 0%, Exness will cover half the spread as virtual funds, giving traders more time to avoid forced stop-outs.
With stop-out protection, traders have the opportunity to decide whether to close their positions, add more funds, or wait for market changes.
No other FX broker besides Exness reduces the risk of forced stop-outs by injecting their own funds for traders.
This demonstrates Exness’s commitment to enabling traders to utilize their investment funds as efficiently as possible.
Zero-Cut System Allows High-Leverage Trading Without Margin Calls | Exness Trading Environment
Another reason Exness is considered the best FX broker is its zero-cut system, which ensures no margin calls even during high-leverage trades.
About the Zero-Cut System
- While many FX brokers offer a zero-cut system, Exness extends this benefit even to trades using unlimited leverage, ensuring no margin calls.
- Imagine the potential negative balance that could occur if forced stop-outs happened with unlimited leverage. With Exness, traders can trade without such worries.
- Regardless of how high the leverage settings are, the zero-cut system guarantees that traders won’t incur debt from trading.
- Additionally, Exness has minimal restrictions on trading methods, reducing the likelihood of being penalized for violating terms and conditions.
As a globally renowned financial broker with ample operational funds, Exness minimizes the risks of its zero-cut system not being applied.
With over 700,000 active traders globally, Exness’s large scale and stability provide confidence for opening accounts and trading with peace of mind.
Industry-Leading Tight Spreads + Low Trading Fees Reduce Total Costs | Exness Trading Environment
One of the reasons Exness is considered the best FX broker is its industry-leading tight spreads and low trading fees, which help minimize total costs.
About Spreads
- Exness does not offer bonuses on any of its account types, allowing it to focus on lowering spreads and trading fees without adding unnecessary costs.
- Both spreads and trading fees are part of the total trading cost, so lower costs make it easier for traders to generate profits.
- The Zero Account and Raw Spread Account even offer some instruments with zero spreads, and 95% of the time, spreads are fixed, providing an advantage as they are less likely to widen.
- Both Zero and Raw Spread Accounts require trading fee payments, so compare the total costs with the Pro Account to choose the best account type for your trading needs.
For a concrete example of how tight Exness spreads are, comparing the Standard Account spreads with other FX brokers shows a clear difference:
| Broker | USD/JPY | EUR/JPY | Gold |
| Exness | 1.1pips | 1.9pips | 2.0pips |
| XMTrading | 1.5pips | 2.1pips | 2.5pips |
| FXGT | 1.7pips | 2.1pips | 2.5pips |
| AXIORY | 1.4pips | 1.3pips | 3.8pips |
Exness Offers a Swap-Free Status Allowing Trading Major Currency Pairs Without Swap Points | Exness Trading Environment
One of the reasons Exness is considered the best FX broker is its swap-free status, which allows traders to trade major currency pairs without incurring swap points.
About the Swap-Free Status
- Exness grants a privileged swap-free status to all traders immediately after account registration, providing a trading environment without swap points.
- Major Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDTHB
- Minor Currency Pairs: AUDNZD, EURCHF, GBPJPY, AUDCHF, AUDJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, GBPCHF, GBPNZD, NZDJPY, NZDCAD
- Precious Metals: XAUUSD
- Cryptocurrencies: All available assets
- Traders can hold positions overnight on all the above financial instruments without paying swap fees.
However, if positions are held overnight for an extended period, the status may be downgraded to the standard swap-free status, which only applies to certain cryptocurrencies.
You can check your swap-free status in the personal area, so be mindful to avoid downgrades.
Social Trading (Copy Trading) Allows Profits Without Active Trading | Exness Trading Environment
Another reason Exness is regarded as the best FX broker is its social trading (copy trading) feature, which allows traders to earn profits without actively trading themselves.
About Social Trading
- Social trading at Exness is commonly referred to as copy trading.
- Copy trading is a system where a trader's strategies and positions are automatically copied in real-time and executed in your trading account.
- By mimicking the strategies of experienced traders, even those with minimal trading knowledge can have a chance to generate profits.
- At Exness, only those who pass the Strategy Provider examination can offer copy trading strategies, ensuring the credibility of the strategies provided.
Since the strategies are shared under the provider's name, there are fewer low-quality or poorly thought-out strategies.
There are over 1,000 investment strategies to choose from, and with a minimum capital requirement of just $10, the barrier to entry for copy trading is very low, providing an accessible option for traders.
Free VPS with Excellent Reputation Available Upon Meeting Conditions | Exness Trading Environment
One of the reasons Exness is considered the best FX broker is the availability of a free VPS upon meeting certain conditions, reducing the impact of computer specs or internet connectivity on trading.
About Free VPS
- With the free VPS, you can remotely access your trading environment from anywhere in the world, allowing for efficient use of EA (automated trading systems).
- To qualify for the free VPS, you need a total balance of at least $2,000 across all trading accounts. Alternatively, if your balance is between $500 and $1,999, you must have a total trading volume of $1,500,000 or more over the last 30 days.
- Benefits of the free VPS include faster order execution, increased stability (including a stable internet connection), 24/7 trading capability, independence from your computer's OS, and an unrestricted access environment.
- The free VPS servers are located near Exness trading servers in Amsterdam, Hong Kong, Singapore, Miami, and Johannesburg.
If your free VPS server is located in Miami or Johannesburg, it is recommended to change the server location during installation to optimize performance.
Using a free VPS can help you save on various costs, making it a great option for those who want to take their trading with Exness to the next level.
Open an account with Exness today!
What Are the Negative Reviews and Criticisms About Exness?
Exness has its share of negative reviews and criticisms. Here are some of the most commonly mentioned drawbacks:
Points Where Exness Falls Short
- No account opening or deposit bonuses, and no regular promotions or campaigns.
- Leverage restrictions based on timing and conditions can be stricter than expected, limiting high-leverage trades at certain times.
- The official website is inaccessible in certain languages, making it difficult to find for those unaware of its existence.
While Exness is considered one of the best overseas FX brokers, it is not perfect, and there are areas where it falls short. Let’s explore these points in more detail.
Exness Offers No Account Opening or Deposit Bonuses, Nor Regular Promotions
One reason Exness may not be recommended by some is the lack of bonuses or regular promotions.
Bonuses and Promotions
- Many FX brokers offer generous account opening or deposit bonuses, as well as occasional trading tournaments to give back to their customers.
- However, Exness lacks these types of regular bonuses or promotions, which can leave some traders feeling shortchanged compared to other brokers.
- While Exness offsets this by offering tight spreads, low trading fees, and unique services, some traders may feel the benefits are less tangible.
Traders who prioritize bonuses and promotions may find Exness less appealing and rate it lower because of this.
Exness Imposes Leverage Restrictions Based on Timing and Conditions, Limiting High-Leverage Trades
Another commonly cited drawback is the stricter-than-expected leverage restrictions based on timing and conditions, which can prevent high-leverage trades at certain times.
Leverage Restrictions
- Exness applies maximum leverage restrictions under certain conditions, which can sometimes cause traders to miss trading opportunities.
- Leverage restrictions based on account balance (effective margin).
- Leverage restrictions based on trading hours.
- Leverage restrictions based on the type of trading instrument.
- Leverage restrictions around economic indicator announcements.
- For instance, leverage is limited to 200x from 15 minutes before an economic indicator release to 5 minutes after the announcement.
These restrictions are generally applied to instruments impacted by economic indicators, but it’s understandable that some traders wish to capitalize on these moments with high leverage.
However, these rules are clearly stated in Exness’s terms and conditions. It’s essential for traders to accept them as part of the trading environment rather than expect changes based solely on individual preferences.
Exness's Official Website Is Unavailable in Certain Languages, Making It Difficult to Find Without Prior Knowledge
One reason Exness may not be recommended is that its official website is unavailable in certain languages, making it difficult for users to find unless they are already aware of its URL.
About the Unavailability of the Official Website
- As of September 27, 2023, the Japanese version of Exness’s official website has been de-indexed from search engines, making it impossible to find via search engines.
- This measure was taken as part of Exness’s strategy to avoid regulatory issues with Japan’s Financial Services Agency. However, users who already know the official URL can still access the site without any issues, and the site remains accessible in Japanese through a language switch option.
- This is a risk-hedging strategy by Exness and does not indicate a withdrawal from the Japanese market.
Although some time has passed since the Japanese site was de-indexed, many people continue to open accounts with Exness, and Japanese support is still being provided as usual.
Japanese support staff are reportedly based in the Malaysia office, so users can expect continued reliable support in the future.
What Types of Traders and Trading Strategies Are Best Suited for Exness?
We've explored both the positive and negative reviews of Exness, but which types of traders would benefit the most from using Exness? Here’s an overview of trader types and trading strategies that align well with Exness:
Traders Best Suited for Exness
- Intermediate or advanced FX traders who are unaffected by the lack of bonuses.
- Traders who prefer not to deal with restrictive rules like prohibitions on hedging.
- High-leverage traders aiming for significant gains, such as tens of thousands to hundreds of thousands of yen in one trade.
- Traders who primarily use scalping or swing trading strategies.
If any of the above apply to you, it’s likely that you’ll find Exness a satisfying and stress-free platform for your trading needs.
If none of these categories resonate with you, it might be better to consider opening an account with XMTrading or FXGT instead.
Intermediate or Advanced Traders Unaffected by the Lack of Bonuses | Who Is Exness Best For?
One of the trader types best suited for Exness is intermediate or advanced traders who are not impacted by the absence of bonuses.
Traders Comfortable Without Bonuses
- Many FX brokers are known for their generous account opening or deposit bonuses, but some experienced traders actually prefer trading without bonuses.
- Accounts with bonuses often come with wider spreads, higher swap points, or other factors that increase trading costs.
- For example, traders accustomed to XMTrading’s KIWAMI Extreme Account or Zero Account would have no issues transitioning to Exness.
- Intermediate or advanced traders often trade with larger capital and focus on cost efficiency, making the lack of bonuses irrelevant to their trading needs.
Exness offers tight spreads and a privileged swap-free status, eliminating concerns about swap points.
Even in the worst-case scenario, Exness’s stop-out protection feature buys time before forced stop-outs, allowing traders to use their funds as efficiently as possible.
Traders Who Prefer Freedom from Restrictive Trading Rules, Such as Hedging Bans | Who Is Exness Best For?
Exness is ideal for traders who want to avoid restrictive trading rules, such as bans on hedging.
About Trading Rules
- Exness provides a flexible trading environment with minimal restrictions, significantly reducing the chances of violations or penalties due to terms and conditions.
- Hedging is allowed across the same account, multiple accounts, and even between different brokers, making Exness stand out from other FX brokers.
- Scalping is fully supported, including high-frequency trading systems and EA (automated trading systems) with scalping logic.
Exness is highly recommended for traders who want to use their preferred strategies without limitations.
High-Leverage Traders Aiming for Significant Profits in a Single Trade | Who Is Exness Best For?
Exness is ideal for traders who want to target significant profits, ranging from tens of thousands to hundreds of thousands of yen, using high leverage.
About High-Leverage Trading
- Exness offers unlimited leverage, reportedly up to 2.1 billion times, allowing for unparalleled trading efficiency.
- This style involves a higher degree of risk but can yield massive profits for those comfortable with high-leverage trading.
- For example, the profit per pip movement differs significantly between 1,000x and unlimited leverage, making leverage settings a critical factor in FX trading.
- Traders who want to dominate the market with high-leverage trades will find Exness particularly appealing.
However, high leverage also increases the risk of forced stop-outs. It is recommended to develop strong discretionary trading skills before engaging in such trades.
Traders Using Scalping or Swing Trading as Their Primary Strategy | Who Is Exness Best For?
Exness is well-suited for traders who primarily use scalping or swing trading strategies.
About Scalping and Swing Trading
- With tight spreads and no restrictions on scalping, Exness is highly recommended for scalping traders.
- Similarly, swing traders can benefit from Exness by choosing between Pro, Zero, and Raw Spread accounts to minimize trading costs.
- Exness is trusted by professional traders and institutional investors, supporting large-lot orders seamlessly.
- With a maximum withdrawal limit of $10,000,000 (approximately 1.5 billion yen), Exness caters to high-net-worth investors and large-scale traders.
Exness is an excellent choice for advanced traders and institutional investors who require a robust trading environment for high-volume trades.
Open an account with Exness today!
What Types of Traders and Strategies Are Unsuitable for Exness?
While we’ve covered both positive and negative aspects of Exness, let’s explore which types of traders might find Exness unsuitable.
Traders Unsuitable for Exness
- Traders focused on bonuses rather than personal funds.
- Traders with no experience in FX trading or using overseas FX brokers.
If any of the above applies to you, it might be better to consider a more versatile broker like XMTrading. Let’s delve into these points further to help you decide.
Traders Focused on Bonuses Rather Than Personal Funds | Who Is Exness Unsuitable For?
Exness is not ideal for traders who rely on bonuses instead of their own capital.
About Bonus-Focused Traders
- Exness does not offer account opening, deposit, or trading bonuses, so all trading must be done with personal funds.
- If you prioritize bonuses and promotions, brokers like XMTrading or FXGT would be more suitable.
- Exness rewards are limited to Premium Club members, which is available only to high-volume traders.
Becoming a Premium Club member requires significant trading volume, making it inaccessible to most retail traders.
If you don’t want to use personal funds at all, choose a broker with generous bonuses for opening an account and trading.
Traders Without Experience in FX or Overseas Brokers | Who Is Exness Unsuitable For?
Exness is not suited for traders who lack experience in FX trading or using overseas brokers.
About FX Experience
- Exness’s unique trading environment and withdrawal rules are geared towards professional and experienced traders, not beginners.
- If you are new to FX and looking for an easier learning curve, XMTrading is a more beginner-friendly option.
- XMTrading offers a versatile platform with no unusual rules, making it easier for novice traders to adapt.
Starting with a specialized broker like Exness can be overwhelming for beginners. It’s better to familiarize yourself with FX trading on a more beginner-friendly platform like XMTrading before transitioning to Exness.
With XMTrading, you can receive a ¥13,000 account opening bonus, allowing you to explore FX trading risk-free and gain valuable experience.
What Are the Benefits of Opening an Account and Trading with Exness?
By opening an account and trading with Exness, you can enjoy several benefits as a trader. Here’s what we’ve discovered:
Advantages of Exness
- Low stop-out levels reduce the risk of forced stop-outs, even with increased unrealized losses.
- Wide range of financial instruments, including major currency pairs, gold, and cryptocurrencies, are available for swap-free trading.
- Capital can be moved or withdrawn during position holding (capital extraction), allowing for risk mitigation.
- Fast withdrawal processing ensures funds arrive quickly, even on weekends.
- Zero stop level simplifies placing limit and stop orders.
In addition to these favorable conditions, Exness offers unique advantages that will be covered below.
Low Stop-Out Levels Reduce the Risk of Forced Liquidations | Benefits of Exness
One of the key benefits of Exness is its low stop-out levels, which make forced liquidations less likely, even when unrealized losses increase.
About Forced Stop-Outs
- Exness offers a top-class stop-out level of 0%, significantly reducing the risk of forced liquidations compared to other brokers.
- In addition to the low stop-out level, Exness provides a stop-out protection feature, making it even less likely to experience forced liquidations than brokers like iFOREX.
- Forced stop-outs can lead to losing your entire deposit, resulting in mounting losses, but Exness minimizes this risk.
With Exness, the longer time before forced liquidation allows for the possibility of market reversals, turning unrealized losses into profits.
Once you experience this trading environment, you may find it hard to switch to other brokers.
Recommended Reading → Does XMTrading Engage in Stop Hunting? How Choosing the Right Broker Can Prevent It
Wide Range of Swap-Free Financial Instruments, Including Major Currency Pairs, Gold, and Cryptocurrencies | Benefits of Exness
Another significant benefit of Exness is its wide range of swap-free financial instruments, including major currency pairs, gold, and cryptocurrencies.
About Swap-Free Status
- While different brokers have varying swap point rates, traders often accept swap losses as a cost of holding positions long-term. But is this really necessary?
- Exness provides a privileged swap-free status, eliminating concerns about swap points during the status period.
- This status allows traders to hold positions in assets like gold or cryptocurrency CFDs, even during unfavorable market movements, giving time for losses to turn into gains.
- Swap points are an unavoidable cost for holding positions, but with Exness, this concern is eliminated.
From the moment you register, you’re granted a privileged swap-free status, allowing you to hold positions without worrying about unnecessary costs.
Capital Extraction Allows Low-Risk Trading by Moving or Withdrawing Funds While Holding Positions | Benefits of Exness
One key advantage of Exness is the ability to perform "capital extraction," allowing traders to move or withdraw funds even while holding positions, enabling lower-risk trading.
About Capital Extraction
- Exness allows traders to use a creative method known as "capital extraction," enabling low-risk trading.
- Capital extraction involves withdrawing your initial deposit (capital) while keeping the profit in your trading account, thereby minimizing risk.
- When successfully executed, the maximum potential loss becomes zero, with two main approaches:
- Withdrawing funds while keeping positions open (capital extraction with open positions).
- Securing profits exceeding the initial deposit and then withdrawing (capital extraction after closing positions).
For Exness users, the recommended approach is to perform capital extraction while keeping positions open, as described in the first method.
Refer to this article for a detailed explanation of the benefits and process of capital extraction.
Fast Withdrawals Ensure Peace of Mind, Even on Weekends | Benefits of Exness
Another advantage of Exness is its fast withdrawal processing, allowing funds to arrive quickly—even on weekends.
About Withdrawal Times
- Exness allows withdrawal requests 24/7, including weekends, through the personal area.
- Regardless of timing, withdrawal requests are processed sequentially, with funds often arriving in just a few hours to your bank account.
- For bank transfers, note that you must use accounts with major banks supporting the "More Time" system for faster processing.
For traders seeking a stress-free withdrawal experience, Exness's speed and reliability are unmatched.
For example, you could trade early Saturday morning, secure profits, request a withdrawal, and have funds available for leisure activities by Saturday afternoon. However, this speed is not always guaranteed, so keep expectations realistic.
Zero Stop Level Simplifies Limit and Stop Orders | Benefits of Exness
One more advantage of Exness is its zero stop level, making it easier to place limit and stop orders.
About the Stop Level
- The stop level is the minimum distance from the current market price required by brokers for placing new limit or stop orders.
- In response to user feedback, Exness has set the stop level to zero for all account types.
- This makes scalping, EA (automated trading systems), and trailing stops in MT4/MT5 easier and more efficient.
With a zero stop level, traders only need to maintain a minimum distance of 1 point (0.1 pips) from the ASK or BID price, providing a significant advantage for placing limit and stop orders.
What Are the Drawbacks of Opening an Account and Trading with Exness?
After opening an account and trading with Exness, we identified several drawbacks worth considering:
Disadvantages of Exness
- The minimum initial deposit is set individually for each account type and tends to be high.
- The maximum lot size per trade during Tokyo trading hours is limited to 60 lots.
These points highlight some of Exness's drawbacks, which we will explain in detail below.
The Minimum Initial Deposit Is Individually Set for Each Account Type and Is Relatively High | Disadvantages of Exness
One of the drawbacks of Exness is that the minimum initial deposit is individually set for each account type and tends to be relatively high.
About Minimum Initial Deposits
- At Exness, the initial deposit amount is set per account type, differing from the standard minimum deposit.
- To use a Standard or Standard Cent account, an initial deposit of at least $150 is required.
- For Pro, Zero, or Raw Spread accounts, an initial deposit of at least $1,000 is required.
- This minimum initial deposit must be made at least once to activate trading for the selected account type.
- For subsequent deposits, the minimum deposit amount depends on the deposit method used, and this applies to additional accounts of the same type as well.
Due to Exness's tight spreads and low trading fees, this high initial deposit requirement is understandable, but it's important to be aware of it.
The Maximum Lot Size per Trade During Tokyo Trading Hours Is Limited to 60 Lots | Disadvantages of Exness
Another drawback of Exness is the limit on the maximum lot size per trade during Tokyo trading hours, capped at 60 lots.
About Lot Size Limits
- For all account types except the Standard Cent account, Exness limits the maximum lot size for orders placed during Tokyo trading hours.
- From 21:00 to 06:59 server time (06:00 to 15:59 Japan time), the maximum trade size is restricted to 60 lots per order.
- As a result, traders wanting to place large lot orders during this time must split their orders into multiple entries.
During other hours, the maximum lot size per order increases to 200 lots. Understanding these time-based trading rules is crucial to avoid missing trading opportunities.
These rules are unique to Exness, so it may take some time to adapt when starting out.
Open an account with Exness today!
Exness: A FX Broker Renowned for Fast Withdrawals and High Withdrawal Limits
When opening an account or trading with an FX broker, one of the biggest concerns for many Japanese traders is the potential for withdrawal issues.
It’s true that some FX brokers are suspicious, with cases of withdrawal refusals leaving traders stuck. Such brokers should be avoided at all costs.
For traders worried about withdrawal issues, Exness offers a secure and reliable platform.
Exness Provides Instant Withdrawals Unaffected by Time or Day
Exness is recognized as one of the fastest FX brokers in the industry for withdrawals. The reasons behind this are clearly outlined on their official website:
Withdrawal Processing Times
- 95% of Exness withdrawals are processed instantly (within 1 minute).
- Once funds leave Exness's custody, the timing of funds being credited depends on your chosen payment provider.
Exness’s approval times for withdrawals are incredible!
I don’t think there’s another FX broker besides Exness that processes 95% of withdrawal requests instantly within 1 minute.
How Much Can Be Withdrawn in a Single Request with Exness?
Exness stands out not only for its fast withdrawals but also for its ability to handle high withdrawal amounts.
With many professional and full-time traders using Exness, the broker accommodates high-value withdrawals effortlessly.
Maximum Withdrawal Amount
- When withdrawing using Bitcoin (BTC), Tether (USDT), or USD Coin (USDC), Exness allows up to $10,000,000 per withdrawal request.
- At an exchange rate of 160 yen to the dollar, $10,000,000 equals 1.6 billion yen. With such high withdrawal limits, there’s no stress when it comes to withdrawals.
For bank transfers, the maximum per transaction is $25,000 (equivalent to 4 million yen at 160 yen to the dollar).
If you wish to withdraw more than $25,000, you’ll need to make multiple withdrawal requests. Unfortunately, bulk withdrawals exceeding this limit are not possible.
FAQs About Exness's Reputation, Reviews, and User Feedback
By reading this article, you’ll understand that Exness offers an incredibly attractive trading environment as an FX broker.
Exness is often referred to as the best FX broker due to its many unique services that other brokers don’t offer.
Below are frequently asked questions about trading with Exness, which you can use as a reference when opening an account.
Is It True That Exness Is Risky Because It Doesn’t Have a Financial License Issued by the Japanese Financial Services Agency?
Answer
- It’s true that Exness does not operate with a financial license issued by the Japanese Financial Services Agency.
- However, as mentioned in this article, Exness operates under seven financial licenses issued by overseas government agencies across its group companies.
- These include licenses from the Cyprus Securities and Exchange Commission (CySEC), which is known to be more difficult to obtain than a Japanese FSA license.
- Exness operates globally under CySEC regulations, providing services to multiple countries, which should reassure users of its legitimacy.
- Until a few years ago, Exness provided services to Japanese users through a company licensed by CySEC.
- Given this background, it’s clear that Exness is not a risky or suspicious FX broker but rather a highly trustworthy and secure platform.
Can Exness Reject Withdrawals If I Violate the Terms of Use?
Answer
- FX brokers, including Exness, enforce strict measures against traders who violate the terms of use, such as account suspension, freezing funds, or rejecting withdrawals.
- Although Exness has fewer prohibited activities compared to other brokers, any violation or suspicion of wrongdoing will result in withdrawal requests being put on hold until the issue is resolved.
- Unlike domestic FX brokers, international brokers like Exness do not offer leniency, so traders must follow the rules and adhere to the terms of use.
- If a violation is confirmed, accounts may be frozen, and balances may be forfeited, leaving no room for complaints. Ensure you fully understand and comply with the rules.
Which Countries Are Home to the Companies Providing Services to Japanese Exness Users?
Answer
- Services for Japanese users are provided by three companies: Exness (SC) Ltd (formerly Nymstar Limited), Exness B.V., and Exness (VG) Ltd (formerly Venico Capital Limited).
- Exness (SC) Ltd is based in Seychelles, with an address at 9A CT House, 2nd floor, Providence, Mahe, Seychelles.
- Exness B.V. is based in Curaçao, with an address at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.
- Exness (VG) Ltd is based in the British Virgin Islands, with an address at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI.
- Depending on the situation, services may reflect the licenses from either Seychelles or Curaçao. Both are trustworthy companies, so there is no significant difference in terms of reliability.
Does Exness Really Allow Free Hedging for Trades?
Answer
- Exness is one of the rare FX brokers that officially permits various types of hedging, as it does not classify hedging as a prohibited activity.
- Hedging is allowed within the same account, across multiple accounts, and even between different brokers without any warnings or penalties.
- Such a flexible trading environment is uncommon, making Exness highly rated among traders who prefer unrestricted trading styles.
- For professional traders and investors, the ability to trade freely without complex rules is one of Exness's most appealing features. It’s ideal for those who want to avoid unnecessary restrictions.
Is It Risky for Japanese Traders to Open an Account and Trade with Exness?
Answer
- Exness is a globally recognized financial broker operating under multiple legitimate financial licenses, so Japanese traders face no issues opening accounts or trading with Exness.
- The Japanese Financial Services Agency (FSA) warns against FX brokers without a Japanese license, but such warnings are the extent of their action.
- Investors choosing Exness and trading under their own responsibility are not subject to penalties under any regulations.
- The Financial Instruments and Exchange Act only restricts FX brokers from soliciting clients within Japan without a license. There are no laws penalizing individual investors for using overseas brokers.
- With a transparent and reputable operational history, Exness is far from being a shady or risky company, so there’s no need for undue concern.
Can Traders Make Billions in Profit and Become Millionaires with Exness?
Answer
- Exness offers unparalleled leverage of up to approximately 2.1 billion times, allowing traders to potentially achieve massive profits.
- While Exness doesn’t provide account opening or deposit bonuses, it is theoretically possible to achieve billion-yen profits through high-leverage trading using personal funds.
- However, success depends on understanding the basics of FX trading, developing a personal trading style, and avoiding gambling-like trades.
- Gambling trades require multiple consecutive wins, which is extremely difficult, so a disciplined approach is essential.
- By building a solid trading strategy and entering trades confidently, traders can use unlimited leverage effectively and potentially achieve substantial profits, even starting with minimal capital.
- Trying small challenges, such as starting with 10,000 or 20,000 yen, could be a fun and practical way to explore the possibilities.
Is Exness a Broker with High Execution Speed and Minimal Slippage or Requotes?
Answer
- Exness generally uses market execution for all account types except the Pro account, and it has a solid reputation for high execution speed.
- The official website proudly highlights Exness's ultra-fast execution speed, enabling millisecond trade execution on both the MetaTrader platform and Exness Terminal.
- The main advantage of market execution at Exness is that trades are executed at lightning speed, ensuring 100% execution in the market for buy and sell orders.
- Traders can execute and close orders without missing their preferred timing, except when using instant execution in the Pro account, which operates differently.
- Instant execution processes orders at the requested price, meaning trades may face requotes if there is a discrepancy between the order price and the current market price.
- This method is more suited for professional traders who can read the market, as requotes may occur frequently. However, instant execution ensures that orders are never executed at a price other than the one specified.
- For Pro account users, switching between instant execution and market execution is possible. If requotes occur too often, switching to market execution is a viable solution to ensure smoother trading.
Should I Use MT4 or MT5 as My Trading Platform with Exness?
Answer
- Exness provides a wide range of trading platforms, including proprietary ones, offering traders plenty of options.
- Currently available platforms include MetaTrader 5, MetaTrader 4, Exness Trade App, MetaTrader 5 Mobile, MetaTrader 4 Mobile, Exness Terminal, and MetaTrader Web Terminal.
- If you are new to Exness, MT5 is recommended as it is the latest version with enhanced features.
- However, MT4 remains a popular choice for traders who rely on EA (Expert Advisors) because it has a vast library of indicators and trading strategies.
- Exness allows traders to open up to 200 trading accounts, so you can experiment with various account types to find the platform that best suits your trading style.
Exness offers one of the most advanced trading environments among FX brokers, making it ideal for professional traders and investors.
However, with robust investor protection mechanisms, it is also a good option for those looking to dive deep into FX trading and maximize their profits.
With Exness, even large withdrawals are processed smoothly, making it a highly recommended FX broker with no withdrawal concerns.
Open an account with Exness today!
What Kind of FX Company Is Exness? Reasons to Choose and Recommended Features
Exness is highly popular among Japanese traders due to its rare offering of unlimited leverage.
Here, we’ll introduce the features, benefits, and key differences between Exness and other FX brokers.
Recommended Features of Exness as an FX Broker
Recommended Features
- Unlimited leverage (approximately 2.1 billion times) allows for highly capital-efficient trading.
- Not only does the margin maintenance rate go as low as 0%, but it also includes a Stop Out Protection feature.
- Supports high-value withdrawals with fast bank transfer processing, earning excellent reviews for withdrawal reliability.
- Provides Japanese support for beginners, including live chat from 8:00 AM to 12:00 AM on weekdays and 24/7 email support with responses typically within one business day.
- Holds a Securities Dealer License (No. SD025) issued by the Seychelles government.
- Its group companies collectively hold seven valid financial licenses, ensuring a high level of safety and trustworthiness.
- Boasts over 800,000 active traders worldwide and more than 2,400 employees, making it one of the largest financial securities dealers globally.
- Offers unrestricted trading environments without limitations on trading strategies or positions.
- Allows hedging within the same account, across multiple accounts, and even between brokers without violating terms of use.
- Provides five account types, all offering spreads below the industry average.
- Although bonuses are not available, there are account types optimized for scalping.
Exness Basic Specifications
| Account Opening Bonus | Deposit Bonus | Leverage |
| None | None | Unlimited |
| Spread | Financial License | Zero Cut |
| Average 1.7 pips | Seychelles Government | Applied |
| Deposit Methods | Withdrawal Methods | Japanese Support |
| 11 Types | 11 Types | Weekdays 8:00 AM to 12:00 AM |
Exness is ideal for those seeking a flexible trading environment and maximizing the efficiency of their investment capital.
Summary of Why Exness Is Considered the Best FX Broker Based on Reviews and Feedback
This article explored the reviews, evaluations, and feedback surrounding the FX broker Exness, as well as the features that make its trading environment exceptionally appealing.
Summary
<< The Safety and Reliability of Exness >>
- The headquarters hold a Cyprus financial license, and the group as a whole has obtained financial licenses from seven countries.
- Client funds are managed in segregated accounts and covered by a compensation fund, ensuring financial protection in unforeseen situations.
- Monthly trading and withdrawal records are publicly disclosed, enhancing transparency.
<< Why Exness Is Called the Best FX Broker >>
- Unlimited leverage (up to 2.1 billion times) allows for highly capital-efficient trading.
- Margin maintenance rates of 0% combined with a Stop Out Protection feature enable full utilization of trading capital.
- The Zero-Cut system ensures no additional liability even with high-leverage trading.
- Industry-leading narrow spreads and low transaction fees reduce overall trading costs.
- Preferred Swap-Free Status lets traders hold positions in major currency pairs without incurring swap charges.
- Social trading (copy trading) allows even beginners to earn by copying successful strategies.
- Free VPS access (upon meeting conditions) minimizes the impact of hardware or internet issues on trading.
<< Points Where Exness May Not Be Suitable >>
- No account opening or deposit bonuses, and no regular promotional campaigns are offered.
- Strict leverage restrictions during certain hours may limit high-leverage trades.
- The Japanese official website is not publicly indexed, making it difficult to find without prior knowledge.
<< Who Exness Is Ideal For >>
- Intermediate or advanced traders who can trade without relying on bonuses.
- Traders seeking a flexible trading environment without restrictive rules such as hedging bans.
- High-leverage traders aiming for significant gains with minimal capital.
- Scalping or swing traders seeking tailored account types for their trading style.
<< Key Benefits of Exness >>
- Low margin cut-off levels reduce the risk of forced liquidation, even during significant drawdowns.
- Wide range of swap-free instruments, including major currency pairs, gold, and cryptocurrencies.
- Allows position holding while withdrawing funds (capital extraction), enabling lower-risk trading strategies.
- Fast withdrawal processing ensures funds are credited quickly, even on weekends.
- Zero stop levels make setting limit and stop orders more flexible and precise.
Although Exness does not offer account opening or deposit bonuses, it provides numerous unique services that other brokers cannot match.
It features a trading environment suitable for professional traders, institutional investors, and full-time traders.
Exness is ideal for those who want to maximize their capital efficiency, utilize unlimited leverage, and create effective trading strategies in a secure environment.
With no maximum leverage restrictions, Exness has become a popular choice among Japanese traders as a leading overseas FX broker.
The Zero-Cut system ensures traders can hold positions without worrying about debt, regardless of leverage size, making Exness a safe and appealing option for efficient trading.
While there are no bonuses, the low spreads make Exness an excellent choice for scalping traders in particular.
Open an account with Exness today!