Yet, a global entity of Exness may allow much higher leverage ratios up to 1:1000, which are also defined by the country of your origin.Īnd of course, always learn how to use leverage correctly, as leverage may increase your potential loses as well and is a different feature in various instruments. Since FCA and CySEC along with its European directive miFID significantly lowered the possibility for leverage levels, the maximum leverage you may use as a retail trader is Leverage levels always depending on the instrument you trade, as well defined by the regulatory restrictions and your personal level of proficiency.
The EEA registration and the provision of services on a cross-border basis performed by authorization from cross authorities within Europe that makes Exness operation standards highly reasonable ones.Īs the majority of Forex brokers, Exness also offers to use leverage, which may increase potential gains through its possibility to multiple initial accounts balance. Therefore, and due to operational standards that are set according to the requirements along with the customer protection, money segregation and participation in investor compensation fund or scheme.
Also, there is a license from an offshore Seychelles, which rather provides just registration than serious regulation, yet additional licenses from reputable authorities make things and Exness offers reliable. Thus, the broker permitted to provide financial products or services within its activity in above mentioned countries and in another country in the EEA. Exness UK Ltd is authorized and regulated by the Financial Conduct Authority, while Exness CY Ltd holds a license from CySEC. Is Exness legit?Įxness Group due to its presence in various countries and established offices regulated by necessary local authorities that also highly respected within the industry. No, Exness is not a scam it operates under relevant country’s legal requirements authorized by FSCA South Africa providing low risk Forex and CFDs. Currently, Exness proudly sponsors the world’s number one football team, Real Madrid, and the best football player alive, Cristiano Ronaldo.
Moreover, the Exness takes an active role in social life, as well as acting as an honored sponsorship partner with various organizations. On the negative side the are some limitations in product offering with trading instruments Forex and CFDs, also there is no multi-currency accounts and proposal is different in each jurisdiction.įorex, Metals, Indices and Energies, CryptocurrenciesĮxness Academy with Learning and technical analysisĪlong with its history of operation, Exness has been awarded and recognized many times including different aspects like Customer satisfaction, trading technology and overall rankings recognizing its success. The trading process is delivered by the intuitive platform MT4 with a possibility to trade a number of CFDs and Futures on a range of markets.Įxness provides good trading environemtn and is authorized by reoutable authority like FSCA, the mainstay on MetaTrader technology provides good research, education and analysis. Moreover, the broker also expanded its global reach and established a UK-based entity Exness UK Ltd which is also respectively and fully regulated.Īctually, Exness has won numerous awards as a retail broker as it offers stable and reliable brokerage services with the comfortable trading environment created to suit the most demanding traders with their tight spreads and no hidden commissions from 0.1 pips. The EU based company in Cyprus performs fully regulated services to the members within EEA and world. The divided nature of the firm enables worldwide clients to enjoy tailor financial service and investment solutions, while the global brand delivers vast opportunities to the retail and mainly corporate solutions or partnerships. Exness is the brand name of the global brokerage firm that delivers its services through two main offices in Seychelles and is a Cyprus Broker.