Exness review

Share dealing runs at a stock trade fee of $0, and the pricing model is listed as commission-free and low-fee. On this site's stock trade fee ranking Exness sits at 1 of 161, so the per-trade cost sits at the cheap end of the brands compared. Deposits and withdrawals carry no charge either.

The inactivity fee is $0, so a dormant account is not billed for sitting still. Exness ranks 1 of 56 on this measure, at the top of the table of brands compared. Some rivals charge for unused accounts, so this saves money for anyone who opens an account and leaves it quiet for a while.

The minimum deposit is $10, which is modest next to the median across the brokers here, €4.64. It is not the cheapest way in: CFI asks for $0 and Vantage for $5. On the minimum deposit ranking Exness sits at 100 of 213.

There is no deposit or withdrawal fee, so moving money into and out of the account costs nothing on this side. That sits on top of the $10 minimum deposit needed to open the account. It removes a charge that eats into returns at brokers that levy a payment or payout fee.

The brand lists the FCA, CySEC, the FSA Seychelles and the FSCA as its regulators. For UK clients the stated protection is FSCS up to GBP 85,000. Accounts opened with another entity sit under the rules of the regulator named for that entity, so the entity holding your money matters as much as the brand name.

Accounts run on MT4, MT5 and Exness Terminal. That covers the MetaTrader platforms as well as the Exness Terminal and the Exness Trade App, so the same account works from a desktop chart or a phone. The audiences named for the brand are beginners and day traders, which fits a platform set spanning both.

Retail leverage is listed at 1:Unlimited, so no ceiling is stated for the retail ratio. High leverage magnifies gains and losses in equal measure, and a small move against an open position can take out a large share of the balance. Size positions around that risk rather than around the available ratio.

The market list covers stocks, forex and cfds, all held on the same account, so a share trade and a currency position can sit together. Account types built around funds and bonds are not in that list, so anyone wanting a fund portfolio rather than individual instruments should compare elsewhere.