★★★★☆
Account types
Trading account | Min. deposit | Max. leverage* | Spread |
Mini | $1 | 1:300 | 0.2-1.1 pips |
Classic | $2 000 | 1:300 | 0.1-0.9 pips |
ECN | $300 | 1:200 | 0.1-0.4 pips + $ 2.5 per standard lot |
*Leverage goes up to 1:200 for professional traders and to 1:unlimited for non-EU residents.
The Company. Security of Funds
Company
|
Country
|
Regulation
|
Exness (Cy) Limited
|
Cyprus
|
CySEC
|
Exness (UK) Limited
|
UK
|
FCA
|
Trading Conditions
Minimum initial deposit
$5, while other brokers, also CySEC-regulated, demands $ 500 from its clients.
Trading Platform
MetaTrader 4 and MetaTrader 5.
Conclusion
EXNESS is a reliable broker with solid regulation, offering its clients a variety of tradeable instruments on two platforms under attractive trading conditions. To sum up the above, here are the advantages and drawbacks in relation to this broker:
Pros | Cons |
Solid regulation | No proprietary platform |
MT5 and MT4 both available | Leverage capped at 1:2000 (as required by law) |
Attractive spreads | |
No initial deposit required |