As one of the “big men” in the forex trading industry, Exness has affirmed its reputation and top service quality. Millions of investors around the world have chosen Exness to conduct their transactions and create attractive profit opportunities. If you are looking for a professional and stable trading platform, let’s explore this exchange further with TraderForex.
Introducing Exness platform
Born in 2008 in the city of St. Petersburg, Russia, Exness initially focused on providing diverse CFD trading products, including cryptocurrencies, forex, stocks, energies, precious metals and stock indices. After a journey of continuous development, the company’s headquarters was moved to the Czech Republic (the world’s most vibrant financial center).
With more than a decade of experience, Exness has become a powerful international corporation, owning 4 subsidiaries such as SC Ltd, Exness B.V, VG Ltd, PTY Ltd and achieving many significant achievements.
Is Exness reputable?
Exness is one of the prominent forex brokers, which has attracted the attention of a large number of traders globally thanks to its attractive trading conditions and professional services. However, with fierce competition in the industry, the question “Is Exness reputable?” is always the top concern of every investor. To answer this question, it is necessary to carefully consider factors such as operating licenses, transparency, trading policies, feedback from the user community,…
Operating license
Exness is a trading platform licensed by many of the world’s most reputable financial regulators, typically the Financial Sector Conduct Authority of South Africa (FSCA), Seychelles Financial Services Authority (FSA), BVI Financial Services Commission (FSC), Central Bank of Curaçao and Sint Maarten (CBCS), UK Financial Conduct Authority (FCA), Mauritius Financial Services Commission (FSC), Securities Commission Securities and Trading Cyprus (CySEC).
Owning these multiple licenses shows Exness’s commitment to complying with strict international regulations and providing a safe, transparent trading environment for customers.
Achievements achieved
According to the latest financial report, Exness has proven its leading position in the global financial market with impressive numbers. In 2022, the platform attracted nearly 2 million registered investors. In January 2023 alone, Exness recorded a huge trading volume of more than 2,822 trillion USD and had more than 414,502 active users.
Exness’s success is also affirmed through a series of prestigious awards from prestigious financial organizations around the world, including: Best Trade Executions, Best Order Management, Best Mini Broker, Best Customer Support, Premium Loyalty Program Award , Most Innovative Broker, Most People-Centric Broker and Global Broker of the Year. In particular, Exness is the first broker to achieve a monthly trading volume exceeding 1-2 trillion USD, a proud milestone in the industry.
Independent audit
Commitment to transparency is a core value of Exness. To ensure the highest reliability, Exness regularly publishes financial reports audited by Deloitte, one of the world’s leading auditing companies. In addition, depending on the specific requirements of each market, Exness also cooperates with other independent auditing companies to ensure full compliance with legal regulations.
Compensation Fund
With the backing of financial regulators, Exness’s compensation fund acts as a reliable layer of protection for traders. Funded by a portion of the monthly membership fee, the fund provides a maximum compensation of 20,000 EURO per client. Compensation decisions will be made based on the assessment of management agencies, ensuring objectivity and fairness.
Exness security
With a commitment to protecting customer information at the highest level, Exness always strictly complies with regulations of financial authorities. Thanks to that, customers can be completely assured about the safety of personal data and trading accounts.
Exness was once attacked
In April 2016, Exness faced a series of DDoS attacks that disrupted platform operations. Although the trading terminals and official website were affected, Exness’s technical team quickly detected and resolved the issue within 24 hours. Thanks to its solid security system and timely response, Exness has ensured that no personal information or customer assets are compromised.
Enhance security
To ensure the safety of customer information, Exness constantly improves its security system. In addition to using many modern authentication tools such as Google Authenticator, SMS and email, the exchange also organizes a “bug hunting and rewards” contest to invite cybersecurity experts around the world to participate. Thereby, Exness not only detects and promptly fixes potential vulnerabilities but also builds a strong security community.
Evaluate reliability
Exness has been recognized and awarded high scores by the world’s leading independent evaluation organizations. Platforms such as Forex-Ratings, 55Brokers, FXEmpire, SAShares, TopBrokers, ForexBrokers.co and WikiFX have rated Exness with a good average score, reflecting the platform’s trust and service quality.
Outstanding features of Exness
Exness is a prominent name in the Forex market, not only attracting users thanks to its reputation but also because of its outstanding features:
- Simple interface
The Exness interface is designed to be minimalist and intuitive, with black and white tones creating a professional, easy-to-see feel. The reasonable arrangement of features helps users, especially beginners, quickly get acquainted and conduct transactions conveniently. Furthermore, full Vietnamese support both on the platform and in customer service helps Vietnamese traders feel confident and secure when using.
- Providing knowledge and news
To provide maximum support to traders, Exness has built an official homepage with a rich treasure of knowledge. Here, you can easily find the latest market information, in-depth analysis and trading support tools, helping to save time and improve trading efficiency.
- Many payment options
Exness offers a seamless trading experience with a modern automated payment system. Withdrawals are processed quickly, in just a few seconds, and can be made at any time, including weekends. Customers have a variety of payment methods to choose from such as Internet Banking, e-wallets (Neteller, Skrill), Visa/Mastercard and other forms of transfer. Most withdrawal transactions are completely free, providing maximum convenience to investors.
- Big leverage
Exness offers the most competitive leverage on the market, with unlimited leverage options allowing investors to take full advantage of profit opportunities. However, to ensure a balance between risk and profit, the leverage level will be flexibly adjusted depending on the asset type and deposit amount. Specifically, popular cryptocurrency pairs like BTC/USD and ETH/USD (1:400), while other altcoin pairs (1:20). Stocks and energies (1:20), and indexes (1:100).
- Commissions and Spreads
Exness’s fee structure is very diverse and flexible, depending on the account type and trading product the investor chooses. Some accounts are completely commission-free, incurring only small spreads on each trade. Meanwhile, other accounts may apply a fixed commission fee, usually 0.35 USD/order, in exchange for extremely low spreads.
- Free VPS hosting
With its free VPS service, Exness ensures a seamless and stable trading experience. Uninterrupted Internet connection helps execute orders quickly and accurately, even in highly volatile market conditions.
- Comprehensive price history
Exness provides an extremely rich treasure trove of historical price data. With just a few clicks on tick history, you can easily download the entire trading history of any financial instrument, thereby analyzing and making informed investment decisions.
- High liquidity
With more than 414,502 active users in the first quarter of 2023 alone and an impressive total trading volume of 2.822 trillion USD, Exness has affirmed its position as one of the largest, most reputable online exchanges. world. The withdrawal volume of up to 1,134 billion USD in the fourth quarter of 2022 also shows investors’ absolute confidence in the platform’s liquidity and withdrawal speed.
Types of Exness accounts
Exness offers 5 types of trading accounts, divided into 2 main groups: Standard and professional. Each account type, compatible with both MT4 and MT5 platforms, has unique characteristics in terms of minimum deposit and leverage. This helps investors choose the account that best suits their needs and trading style.
Standard account
This type of account is ideal for all types of traders, especially for those who are new to the market or experiencing the Exness platform for the first time.
| Account type | Standard | Standard Cent |
| Minimum amount | 1 USD | 1 USD |
| Leverage | -MT4: unlimited-MT5: 1:2000 | -MT4: unlimited-MT5: 1:2000 |
| Trading products | Forex, cryptocurrencies, indices, energies, metals | Forex and metals |
| Minimum volume | 0.01 | 0.01 |
| Maximum volume (lot) | From 7:00 – 20:59 GMT+0: 200 From 21:00 – 6:59 GMT+0: 20 | 200 |
| Largest pending order | Unlimited | 1000 |
| Spread | >= 0.3 | >=0.3 |
| Margin warning | 60% | 60% |
Professional account
With super low spreads and fast order execution, this account type is a powerful tool for professional traders. Especially suitable for those who make short-term, intraday transactions or use automated systems.
| Account type | Raw Spread | Zero | Pro |
| Minimum amount | 200 USD | 200 USD | 200 USD |
| Leverage | 1:2000 | 1:2000 | 1:2000 |
| Trading products | Forex, cryptocurrencies, indices, energies, metals | Forex, cryptocurrencies, indices, energies, metals | Forex, cryptocurrencies, indices, energies, metals |
| Commission | 3.5 USD | 3.5 USD | Miễn phí |
| Minimum volume | 0.01 | 0.01 | 0.01 |
| Maximum volume (lot) | From 7:00 – 20:59 GMT+0: 200 From 21:00 – 6:59 GMT+0: 20 | From 7:00 – 20:59 GMT+0: 200 From 21:00 – 6:59 GMT+0: 20 | From 7:00 – 20:59 GMT+0: 200 From 21:00 – 6:59 GMT+0: 20 |
| Largest pending order | 0.0 | 0.0 | 0.1 |
| Spread | Unlimited | Unlimited | Unlimited |
| Margin warning | 30% | 30% | 30% |
Platforms on Exness
Exness provides many diverse and reputable trading platforms for you to choose from, including MT4, MT5, Social Trading, WebTerminal,…. This helps investors to trade anytime, anywhere, using Many different ways, suitable for style and preferences.
MT4 and MT5
Exness provides two popular trading platforms, chosen by many investors: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both are accessible on computers and mobile devices. Although there are many similarities, each platform has unique characteristics to meet the diverse needs of investors.
MetaTrader 4 (MT4):
- Friendly interface: Easy to use, suitable for even beginner investors.
- Diverse tools: 200 trading tools, 50 indicators, meeting basic technical analysis needs.
- Flexible leverage: Up to 1: infinity, suitable for many different trading strategies.
- Competitive spreads: From 0.0 pips, helping investors optimize profits.
- Copy trading feature: Learn and follow successful experts.
MetaTrader 5 (MT5):
- Modern platform: Intuitive interface, more advanced features than MT4.
- Product diversity: Supports trading in forex, metals, digital currencies, energy, indices, and stocks.
- High leverage: Up to 1:2000, for experienced investors.
- Fast order matching: Execute trading orders quickly and accurately.
- In-depth analysis: 38 indicators, 22 analytical tools, help make more accurate trading decisions.
- WebTerminal
WebTerminal is MetaQuotes’ online platform, allowing MT4 and MT5 trading right on a web browser without the need to install software. With WebTerminal, you can trade anytime, anywhere and on any device with an internet connection.
- Exness Terminal
Exness Terminal is an online trading platform developed by Exness itself, bringing a completely new trading experience. Unlike WebTerminal, Exness Terminal has an intuitive, modern interface and integrates many unique features. The platform offers in-depth analytical tools from TradingView, along with sentiment indicators to help make smarter trading decisions. Currently, Exness Terminal only supports MT5, meeting the needs of professional traders.
- Exness Trade App
Exness Terminal mobile app is a comprehensive mobile trading platform. The application fully integrates features from account management, market analysis to transaction execution, helping investors capture all opportunities in the market.
- MT Mobile
MT Mobile offers ultimate convenience, allowing trading on the MT4 and MT5 platforms with ease. Thanks to this application, you can make transactions anytime, anywhere right on your phone.
- Social Trading
Exness Social Trading is a useful tool for investors who want to learn and profit from the market. The “copy trade” feature allows copying trades of experts, helping you be more confident when participating in the financial market.
Exness trading products
Exness is a diverse trading platform, offering up to 107 Forex currency pairs, including rare pairs like USDVND. However, to optimize profits, investors often focus on currency pairs with high liquidity. Besides Forex, Exness also expands its investment portfolio with:
- Index: 10 indexes representing the world’s leading stock markets.
- Stocks: 30 stock codes of famous technology companies such as Amazon, Apple, Google…
- Cryptocurrencies: 7 most popular cryptocurrency pairs such as Bitcoin, Ethereum, Litecoin, XRP.
- Precious metals: 10 metal codes including gold, silver, platinum, palladium.
How to register for Exness
To start trading at Exness, the first and most important thing investors need to do is create an account and complete the verification process. Here is a step-by-step guide to help you carry out the process easily and quickly.
Step 1: Access Exness
Please visit the official website for the Vietnamese market. Although Exness.com is the main site globally, due to IP blocking in Vietnam, users can use sub-sites such as Exness-trading.market to trade. If you want to access Exness.com, you can use VPN software to change the IP, but it is not necessary because the subpages are fully functional.
Step 2: Register an account
Enter personal information including country, email and password. Check to confirm you are not a US citizen, then tap Continue. A verification email will be sent, click the link in the email to activate your account.
Step 3: Choose an account
Real account: For serious traders who want to invest for real.
Demo account: Suitable for beginners who want to get acquainted with the platform, however you will not be able to withdraw money from this account.
Step 4: Basic account verification (KYC)
Access the “Setup” section and select “Complete profile”. Verify email and phone number by receiving code via email, text message, enter verification code into the system. Provide personal information that matches identification documents such as CCCD or passport. Once completed, you can trade with a maximum amount of 2,000 USD. To trade larger amounts, you need to upgrade your verification.
Step 5: Advanced verification
Provide information about economic records, choose the type of verification documents (CCCD, passport). Upload clear photos of documents to the system. Note, do not send photos via Facebook because the image quality is compressed. Instead, send via email or Zalo. After successful verification, deposit and withdrawal limits will be increased, helping you trade freely without limits.
Step 6: Complete the process
Once the account is fully verified, the system will display the complete verification status. Now you can deposit money and start trading on Exness with all functions unlocked.
Exness deposit and withdrawal regulations
Exness stands out with its super-fast deposit and withdrawal speeds, fully meeting the trading needs of traders. With more than 35 diverse payment methods, you can completely proactively choose the most suitable form. Some popular methods in Vietnam include:
- Credit/debit card (Visa/Mastercard): Deposits are usually processed immediately, withdrawals take about 3-5 business days.
- Domestic transfer: Quick deposit and withdrawal within the same day, convenient for many people.
- E-wallets: Skrill, Neteller, Perfect Money and WebMoney (Exness Ltd only), transactions are processed quickly.
Exness offers a variety of payment methods, however you need to note some important terms:
- Source of funds: All deposits must come from your main account. Exness does not accept funds from other people’s accounts.
- Account Verification: Before depositing, make sure your trading account is fully verified.
- Minimum deposit level: The first deposit amount must meet the minimum amount according to the regulations of each account type (Standard or Professional).
- Check information: Always carefully check your bank account or e-wallet information before making a transaction to avoid errors.
- Deposit 24/7: You can deposit money into your account at any time.
Regarding withdrawals, you need to remember:
- Withdrawal using available funds: The withdrawal amount cannot exceed the available balance in the account.
- Same method: You can only withdraw via the same method used to deposit.
- Withdrawal rate by source: If you have used multiple deposit methods, the withdrawal amount will be divided proportionally to the amount deposited through each method.
For example: If you deposit 10,000 USD, of which 7,000 USD via Skrill and 3,000 USD via Neteller, when withdrawing, you must withdraw 70% of the amount via Skrill, 30% via Neteller. To ensure the trading process goes smoothly, you should read Exness’s terms and conditions carefully before making any transaction.
Evaluate customer service at Exness
Exness is proud to have a professional customer support team, ready to provide support in more than 15 different languages. Especially in the Vietnamese market, we have built a team of experienced consultants, operating 24/7 to answer all questions.
Investors can contact Exness through the following channels:
- Email: support@exness.com
- Online chat: Chat box in the lower right corner of the website screen.
- Toll-free switchboard: 18006371
Before contacting support staff, you can search for answers to frequently asked questions in the support center: https://get.exness.help/hc/vi. Here, you will find detailed instructions on how to use the floor’s features, helping to quickly solve problems you encounter.
FAQ
Which country’s Exness platform is from?
Exness Group is one of the big names in the field of Forex trading, known for registering its subsidiary Nymstar Limited in Seychelles. Although headquartered in the Czech Republic, Europe’s bustling financial center, bordering countries such as Poland, Germany, Austria and Slovakia, Exness maintains a global presence through its companies. different children.
Is Exness a scam?
Licensed by many of the world’s leading prestigious financial agencies, Exness has affirmed its position as a trustworthy trading platform. The operating history has no stains about being hacked or leaking customers’ personal information, further strengthening investors’ confidence. This means your assets and information are always secure when trading at Exness.
What information is needed to register for Exness?
When registering for a trading account at Exness, you will be asked to provide some basic personal information including:
- Valid email address: This is the main channel for Exness to contact you and send important notices to you.
- Mobile phone number: This phone number will be used to authenticate identity and receive OTP codes.
- Identification documents: You need to have your ID card/CCCD/Passport ready to verify personal information accurately.
If I don’t use my Exness account, will it be locked?
Exness has regulations on account management to ensure effective use. Specifically:
Test account:
- MT4: If the balance is less than 50 USD and there is no trading activity for 180 days, the account will be deleted.
- MT5: Account will be deleted after 21 days of inactivity.
Real account:
- MT4: If the balance is less than 5 USD and there is no trading activity for 180 days, the account will be deleted.
- MT5: If the balance is less than 1 USD and there is no trading activity for 15 days, the account will be locked.
Which trading accounts do not charge overnight fees?
With Exness, investors have many trading account options to suit their style and budget. From accounts with extremely low spreads like Raw Spread, Zero to Standard/Standard Cent accounts for beginners, along with the option of a Pro (Islamic) account with no overnight fees, Exness always puts its best foot forward. Customer benefits come first.
What if deposit and withdrawal requests are rejected?
The transaction was declined due to:
- Cardholder name does not match.
- Account has insufficient funds.
- The transaction amount is too large.
For specific reasons, please:
- Login to Exness.
- Check transaction history.
- View detailed information about the reason the transaction was rejected.
In which time zone does the Metatrader platform trade?
The MetaTrader 4 and MetaTrader 5 trading platforms on Exness both use the GMT+0 time zone as the default time zone. Unifying time zones helps ensure the accuracy and synchronization of transaction data.
The above information provides an overview of the Exness exchange. However, investors need to note that the foreign exchange market has many potential risks. Investing in exchanges including Exness, which is not licensed to operate in Vietnam. This means that investors will have to bear full responsibility for any risks that may occur.
