
Reviews About Exness From Clients In Malaysia
Reviews about Exness in Malaysia
According to customer reviews on the Traders Union portal, this broker is considered safe and reliable. They have a low spread, several account types and trading platforms, quick deposit and withdrawal procedures, training materials, and round-the-clock customer support. The shortcomings highlighted are the limited advanced trading instruments and the lack of regional regulation.
Exness as established itself as one of the leading brokers in the financial trading industry, with intuitive features and account types that suit different traders. It offers financial trading services as a brokerage firm to traders from various regions and countries, including Malaysia. In this article, we discuss the legitimacy and safety of Exness as a trading platform and firsthand experiences on Exness reviews shared by clients in Malaysia. We aim to provide you with a comprehensive report that offers valuable insights from Malaysian traders on their experience trading with Exness in the Malaysian trading community.
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Does Exness work with clients from Malaysia?
Yes. Exness accepts clients who are nationals of Malaysia. However, it doesn’t accept clients with resident status in Malaysia.
Exness reviews from Malaysian traders
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Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
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Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
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Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
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Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
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Comment
best trading platform and it has the best technical team
Is Exness regulated in Malaysia? Is it safe?
Exness is one of the leading brokers that accept clients who are nationals of Malaysia. Exness is not directly regulated in Malaysia. However, it’s a licensed and reliable broker regulated by other notable financial agencies in different countries.
Therefore, it is a safe broker because it operates under strict financial standards and practices to ensure compliance with the regulatory bodies it holds a license with.
Exness is regulated by financial bodies like the Cyprus Security and Exchange Commission (CySEC) located in Cyprus, the Financial Conduct Authority (FCA) located in the United Kingdom, the Financial Service Authority (FSA) located in the United Kingdom, etc.
Besides, Exness has a physical presence in Malaysia, providing tailored assistance to traders in the region. The presence of the Exness office in Malaysia furthermore gives credence to the reliability of the broker. By operating from Malaysia, it is expected to also comply with the regulatory requirements for brokers in Malaysia.
Does Exness offer Islamic accounts?
Yes, Exness offers Islamic accounts, also known as swap-free accounts Swap-free accounts are ideal for traders who adhere to Sharia law prohibiting receiving or paying interest.
Here are some of the general features of Islamic accounts on Exness:
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Swap-Free Trading: The Islamic accounts on Exness waive rollover interest for trades held overnight to ensure compliance with the Sharia law.
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Same Trading Conditions: The Islamic accounts on Exness offer the same trading conditions as available on regular accounts.
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Requires a Verification Process: The Islamic accounts are available to traders from Islamic countries who wish to align with the Sharia law of no Riba. However, traders may need to undergo and pass a verification process to be eligible to open an Islamic account.
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Customer Support: Finally, Exness offers Islamic account traders dedicated support related to compliance with the Sharia law.
How to start trading with Exness
Exness offers various account types, including standard/standard cent, pro, zero, and raw spread, to meet the needs of different traders. As a beginner, you can start with the standard cent account, which allows you to trade in cents. This can help you to get familiarized with the financial market and build confidence without losing much in the process.
So, here is a step-by-step guide to start trading on the Exness broker:
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Register an Account: Visit Exness.com and click the ”Sign Up” or ”Register” tab to get started. Fill in all information as required and click on “Continue”. Next, choose the account type you wish to open (e.g., standard, zero spread, etc.) and submit.
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Verify Your Identity:Exness demands a passport, driver’s license, or a national ID card as proof of identity (POI). It also requires a permanent resident card, utility bills (like electricity, internet, water, gas, or landline telephone bill), a recent bank statement, or a local tax bill as proof of residence (POR). So, submit any of the required documents accordingly to be granted full access to start trading on the Exness broker.
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Deposited Funds into Your Trading Account: The next step is to deposit into your account using any suitable deposit methods provided by Exness.
Finally, download the trading platform for mobile or desktop and log in using the details on your account dashboard to start trading. You can also use the WebTrader for trading activities.
Team that worked on the article
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
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 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).