Exness Profile Details: Key Information About The Company

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Exness Trading Company, founded in 2008, operates in 130+ countries, offers 35 currency support, up to 1:2000 leverage, and a $10 minimum deposit. It holds licenses from various regulatory authorities.

Exness, established in 2008, is a prominent financial trading platform that provides access to various currency pairs, stocks, commodities and cryptocurrencies. Operating legally in more than 130 countries while complying with local laws, Exness supports over 35 currencies, offering up to 1:2000 leverage with a $10 minimum deposit. This comprehensive page will provide a detailed profile of Exness company profile, covering various aspects of the broker.

What an Exness profile includes

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Exness is a globally recognized Forex broker with a strong presence in numerous countries. The broker offers a wide range of trading assets, including more than 120 currency pairs, cryptocurrencies, stocks, energy, and metals. The broker stands out for providing favorable trading conditions, including low commissions, instant order execution, and swift fund withdrawals.

Exness General information

Let's delve into the key Exness business profile details, including the broker’s contact details and a snapshot of the company's customer service.

Contact Information

For easy reference, here's a table with Exness' official website address and contact channels:

Official website https://www.exness.com

Support email

support@exness.com

Phone number

Available in your personal account

Live chat

Available on the website

The broker provides 24/7 support and if you reach out by mail, they typically reply within 24 hours.

Enterprise History and Synopsis

Exness boasts a remarkable history and notable achievements. The company was established in 2008, and since then, it has rapidly expanded its global presence. Additionally, Exness is a member of the Financial Commission, providing insurance coverage of up to EUR 20,000 per client in the event of a force majeure. The broker's monthly trading volume as at September 2023 was over $4 Trillion, proving its popularity amongst traders worldwide.

Exness Executive Team

Exness is led by an experienced executive team, led by the CEO Petr Valov. The broker was founded in 2008 by Petr Valov, who aimed to create a company that adhered to strong ethical values and embraced a science-based, algorithmic product approach.

Customer Base

Exness caters to a broad and diverse customer base, offering its services to clients worldwide. With more than 650,000 active customers spanning over 130 countries, the broker has established a global presence that appeals to traders from various regions. As of September 2023, the cumulative amount of client withdrawals exceeded $1.7 billion, highlighting the broker's commitment to facilitating efficient fund withdrawals for its clients.

This extensive customer base reflects Exness's ability to provide services that meet the diverse needs of traders globally. Based on clients’ reviews, the broker's broad appeal can be attributed to its competitive trading conditions, reliable services, and adherence to regulatory standards.

Legal Entities and Regulation

If you’re wondering whether Exness broker is legit, here’s all you need to know about Exness broker’s regulation before taking the plunge.

Exness operates under strict regulation and holds licenses from multiple regulatory authorities. Here is a list of the regulatory authorities and their corresponding license numbers:

  • FCA (UK), License Number: 730729

  • CySEC (Cyprus), License Number: 178/12

  • FSA (Seychelles), License Number: SD025

  • CBCS (Curacao and Saint Martin), License Number: 0003LSI

  • FSC (British Virgin Islands), License Number: SIBA/L/20/1133

  • FSC (Mauritius), License Number: GB20025294

  • FSCA (South Africa), License Number: 51024

  • CMA (Kenya), License Number: 162

Products Overview

Exness offers a wide array of trading assets, which includes:

  • Currency pairs (majors, minors, and exotic)

  • Indices

  • Stocks

  • Energies

  • Cryptocurrencies

  • Metals

Exness Services

Exness is known for providing a range of services to its clients. Here are the main features of Exness services:

1. Portfolio management

Exness offers a portfolio management solution that simplifies the process of managing your investments and strategies. With an invite-only approach, traders can curate their network of investors using private QR codes or links, limiting access to their strategy or fund. Traders have the flexibility to set their performance fees, with payments processed on the last Friday of each month.

2. Free VPS (Virtual Private Server)

Exness offers free VPS services strategically located next to their MT servers. This ensures a fast and secure trading environment, allowing traders to run automated strategies without being affected by personal desktop or internet connectivity limitations.

3. Free Currency Converter

Traders have access to a free currency converter tool, simplifying the process of converting between different currencies.

4. Analytical Tools

From moving averages and RSI to custom indicators, Exness provides a comprehensive set of fundamental and technical analysis tools. These tools empower traders to plan their trades with confidence, enabling better decision-making.

Other advantages of trading with Exness

  • Multiple account currencies: Exness offers more than 35 account currencies, including EUR, CHF, ZAR, INR, and many others.

  • Low minimum deposit: You can start trading with Exness with a minimum deposit of just $10. This makes Exness good for beginners or those who don’t want to break the bank while trading.

  • Flexible leverage: The broker offers leverage of 1:2000 at the start, and it can go up to 1:Unlimited under certain conditions.

  • Competitive spread: Depending on the account type, Exness offers spreads ranging from 0.0 pips to 1 pip.

  • Margin Call / Stop out: Different account types have various margin call and stop-out levels to manage risk.

What could be improved?

Multilingual Training Resources: Exness could enhance its training resources by offering them in multiple languages, providing a more inclusive learning experience for traders across the globe.

Limited Bonuses: Exness currently offers little to no bonuses, which may leave some traders looking for more incentives and rewards for their trading activities. A comprehensive exness bonus program could go a long way in incentivizing clients.

Limited Asset Variety: The absence of ETFs (exchange-traded funds) and options in Exness' asset offerings may limit the choices available to traders who seek diversity in their investment portfolios.

Complex Complaint Process: Some traders might find the complaint process at Exness to involve unnecessary bureaucratic procedures, leading to a perception of red tape. Simplifying and expediting the complaint resolution process could improve the overall client experience.

FAQs

What is the company profile of Exness?

Led by Petr Valov and available in over 130 countries, Exness is a renowned Forex broker with a history dating back to 2008. With multiple tradable assets and competitive trading conditions, the company has achieved significant recognition and success in the industry.

Is Exness a trusted broker?

Exness is a highly trusted broker, as it operates legally in over 130 countries and holds licenses from various regulatory authorities, ensuring compliance with local laws and offering insurance coverage to its clients.

Which country is Exness from?

Exness is headquartered in Cyprus but has a global presence, serving clients worldwide.

Who is the owner of Exness?

Exness is led by the CEO, Petr Valov.

Team that worked on the article

Christopher Egemonye
Contributor

With a masters in Business administration, Christopher is a financial content writer with a knack for crafting articles, blogs and insightful reviews about all areas of finance. His passion for writing led him to work as a full-time writer for forex brokers (DecodeFx, Keytomarkets) and finance-related blogs (Bitcompare, moneyzine), creating educational pieces for investors and traders around the world. In his spare time, he runs a crypto YouTube channel while learning about ways to help his readers make better financial decisions.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).