The Exness Global Group is an international multi-asset brokerage firm with official website exness.com that buys and sells various financial assets. The company offers trading and investment services in financial markets to more than 113,000 clients monthly. Traders can trade 130+ CFD and 100+ currencies and crypt currencies on MT4 and MT5 platforms.
Exness Asia is a branch of a broker working in the international market since 2008.
- Exness Asia & Singapore?
- Benefits and Drawbacks of Exness
- Market Instruments & Margin Requirements
- Exness Registration
- Exness DEMO Account
- Exness Standart Account
- Exness PRO Account
- Commission Fees and Spreads
- Deposit and Withdrawal
- Exness MetaTrader 4
- Exness MetaTrader 5
- Exness Web Terminal
- Social Trading
- Market Analysis
- Exness Academy
- Customer Support
The brand is audited by Deloitte and other independent auditors every month.
Three licenses from the regulators legalize the activity:
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Conduct Authority (FCA) of the United Kingdom
- Financial Services Authority (FSA) Seychelles
The brand is audited by Deloitte and other independent auditors every month. Three licenses from the regulators legalize the activity:
Major forex pairs - more than a dozen pairs such as AUDUSD, EURUSD, GBPUSD, NZDUSD
Exotic forex pairs - 60+ pairs such as AUDDKK, NZDSGD, TRYZAR
Minor forex pairs - almost 30 pairs including AUDCAD, CADCHF, GBPJPY
Metals - 8 contracts including XAGAUD, XAGEUR, XAUAUD, XPDUSD
Crypto - such as BCHUSD, BTCJPY, BTCUSD, ETHUSD, LTCUSD
Oil - USOIL
Shares - more than 50 companies, such as Apple Inc., Alphabet Inc. Class A, Bank of America Corporation, eBay Inc., McDonald's Corporation.
Indices - ten indices: Australia S&P ASX 200 Index, Germany 30 Index, France 40 Index
What is Exness Brand? What Do We Know About Exness in Singapore Financial Markets?
Exness company was founded in 2008 in St. Petersburg, Russia, with the headquarters currently located in Cyprus, the head registered office in Limassol. The official website is exness.com. The second largest office operates in Great Britain. As for the Exness Asia branch, it is based in Singapore. Exness is presented at other markets as well.
Exness Singapore is a truly unique brokerage company with a rich 10-year history. For instance, in 2019, the resource traders' fees reached a whopping $326 billion! Such significant sums mean great opportunities. Undoubtedly, the broker is highly rated in Singapore. The main reasons for that are the convenient Forex Market and sleek platform's functionality.
In March 2020 alone, the trading volume exceeded $785 billion. During the first quarter of the same year, clients deposited $192.7 million in profit. The broker's partners received $37.4 million at the same time.
Can Exness be Trusted and How Reliable is the service?
Due to high operational requirements for customer protection, Exness group is considered to run a low-risk online trading platform mainly because a respectable organization regulates it.
The EEA registration and the provision of financial operations on a cross-border basis executed by authorization from cross authorities in Europe make services provided by the company highly reasonable. The company's commitment to the forex market is one of its identifying features.
Is Exness legit in Singapore?
Exness due to its long-time presence in various countries and financial activity regulated by local financial conduct authority is highly reputable within the online trading industry. Thus, the brokerage platform is permitted to provide financial services in any country in the EEA, including Singapore. So, as expected, licenses from state authorities are what makes Exness offers secure and reliable.
Awards of Exness – The Best Forex Broker in Singapore?
Along with its continuous history of operation in the financial market, Exness has been recognized many times for its exceptional customer service, trading technologies, and overall rankings marking its success.
What's even more, the Exness market maker is known to take an active role in social life and being honored to have sponsorship deals with various famed organizations. The broker is a proud sponsor of Real Madrid and one of the best football players alive, Cristiano Ronaldo.
Benefits and Drawbacks of Exness Company
Now let's take a peek into the pros (and cons) that have contributed to this particular brokerage provider's growth in the competitive market over the past years.
Market Instruments & Instruments Products
A wide selection of account types and functions is indeed what makes Exness so impressive. Particularly, the platform offers classic pairs and quite a few exotic ones – 107 pairs in total!
In addition to multiple currency pairs, trading opportunities also include investments in cryptocurrencies, indices, precious metals, crude oil, and shares.
Unfortunately, the broker still does not offer instruments for passive investing along with ETF and PAMM accounts.
Noteworthy, in 2020, Exness launched additional instruments, such as CFDs for shares.
Margin Requirements and other nuances
Margin requirements (broker's commission) is considered based on funds placed on the account and the selected leverage. However, when publishing important news, the margin for new positions is calculated on the maximum leverage 1:200. This leverage value is also used when calculating positions opened over the weekend - from 19:00 GMT+0 on Friday through to 23:00 GMT+0 on Sunday.
Some instruments have fixed leverage - these are exotic currency pairs, cryptocurrencies, oil, stocks and indices, also palladium and platinum.
Exness strives to avoid price gaps and guarantees that within 3 hours after the start of the trading day for the instrument, all pending orders will be without any slippage. Spread is floating; however, during 95% of the trading day, all top instruments maintain a spread of 0.0 pips.
The Exness broker provides 6 account types for beginners and professionals. There are also additional tools - calculators, converters, analytics from proven sources, educational articles, etc. Exness Asia Pte Ltd is a reliable partner in the Forex market!
Accounts and their Types
At the platform users can pick from 5 account types that feature instant payment options in addition to a free demo account, which is perfect to train on before participating in real trades.
Leverage up to
No commisson on trading volume
Leverage up to
Commission per lot/ side
Up to 3.5 USD
Leverage up to
Commission per lot/ side
From 3.5 USD
What's so engaging about Exness experience is that one can expect a 100% secure duly authorised and fully regulated online trading environment that will not be pushy instantly forcing its user to deposit real funds, but suggest that they practice their demo strategies before entering forex markets. You can choose your trading day and start practicing for free having reduced a high level of risk of losing your own money.
How to register
The registration process is no pain at all and takes a few steps to get you set up and ready for making transactions. Just follow these detailed instructions:
- Complete the registration form
- Verify your information
- Deposit funds
- You're ready to place your first trade
Three accounts can be considered as good ones for inexperienced traders: demo, cent, and standard accounts.
One of the investment advice pieces for newbies is Exness general risk warning. This broker emphasizes the necessity of learning everything about trading conditions, transactions at the financial markets, etc. General risk warning helps new investors be more realistic and better understand the essence of the transactions at the financial markets and control all their invested capital.
A demo account with $10.000 virtual currency units allows new clients to learn how to place trades without risks and losses, manage strategy, also granting access to more advanced trading functions, such as taking part in demo contests. In the demo version novice investors don't risk losing all their invested capital.
The standard account type is intended mainly for rookie traders who have an initial deposit lower than $100. Additionally, the standard account provides the highest spreads, which is why there is not much sense in using it in other scenarios.
All in all, try the standard acc. if you're a first-time trader and want to start with a low deposit and not to pay fees on trades.
The professional account offers instant order executions and is recommended for more experienced users. Once you have your Pro account active, you are given access to excellent fill with no fees on trades. The minimum deposit is set at $200
This is probably the most cost-saving type, with a commission starting as low as USD 3.5 per lot. Zero account name means zero spread on the top 30 trading instruments. So, there is no broker spread, while market fluctuations may be present in less liquid instruments. Zero spread is also offered on the rest of the instruments for almost 50% of the trading period. Suitable for the use of expert traders.
Raw Spread account
Also known as ECN account, a raw spread account comes with real market prices available for all instruments. It is currently considered the most innovative in the financial market. Concerning spreads, they are usually low or even zero as it indicates minimum broker's influence on the trading process and can provide the highest speed of order execution.
The raw spread will satisfy customers' needs, who value reliability over the size of the commission.
Quite a few drawbacks include several trading instruments limited to 40 currency pairs, which is, in fact, quite reasonable, as ECN system implies currency interbank exchange commission.
Commission Fees and Spreads
Exness spread derives from tight variable spreads, in its turn defined by the account type used by a trader. Both the Standard and Pro accounts do not charge commissions, the Raw and Zero accounts actually have commission fees up to $3.5. Although the broker does not charge any fees when deposits or withdrawals are made, you need to verify with a payment provider you've chosen as they might waive fees that you may be held liable for.
What's more, Exness has an overnight fee which is applicable in case if positions are held longer than a day. Overall, each instrument has its own fee, which is charged for the overnight positions or can also be provided as a refund.
Exness Broker Leverage
Exness is known to offer leverage, which increases potential gains through the possibility of multiple initial balances. The leverage levels tend to depend on the instrument one trades, as well defined by the regulatory restrictions and a user's personal proficiency.
Exness global allows maximum leverage ratios as high as 1:1000. Users can select the leverage level that suits their personal needs. Margin and leverage levels are always dynamic and react to holidays, world economic news, and the level of equity in a user's account, so you have to learn how they work, otherwise it can increase your potential loses and is featured differently in various instruments.
Deposit and Withdrawal – One of the strengths of Exness Global
The broker surely can satisfy most customers with a range of ways to deposit and withdraw funds. The transfers can be carried out through payment cards, electronic or cryptocurrency wallets, etc. The best thing is, instant withdrawal option is available.
The broker offers the following payment methods to process deposits and withdrawals:
- Bank Card
- Internet Banking
- USDT or Tether
- AstroPay Card
- Perfect Money
- Internal Transfer
Deposits and Exness Minimum deposit
Exness offers convenience and flexibility with various payment options to choose from, making it possible for users to deposit money any time, any day, including holidays and weekends.
The platform performs instant no-commission deposits and withdrawals, though you might better double-check the conditions of your chosen EPS provider as some do apply service fee charges.
There is no requirement for a specific amount of a minimum deposit at the beginning, so you are absolutely free to start with only $1. Still, the Pro acc. may set $200 as a minimum transfer amount, thus don't forget to check on the requirements typically set for each instrument individually.
The broker always strives to keep withdrawals quick and easy. The time required for withdrawal processing usually ranges from several minutes to several hours or days, which mainly depends on the method you choose. Some fees may also apply due to your country of origin. The broker sets up automatic instant withdrawals for payment systems, while the procedure may take time for bank cards and cryptocurrency wallets.
- AstroPay, Internal Transfer, Perfect Money, Skrill, Neteller, WebMoney – instant withdrawal
- Bitcoin – 3-4 hours
- Internet Banking, USDT, or Tether – up to 72 hours
- Bank card – 3-5 business days
The service does not charge commission for funds withdrawal, but the payment system you choose to stick with may charge their commission instead.
Trading Platforms that You can Trade within Exness
Exness grants user-friendly trading software, including most popular forex instruments, such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTerminal, and Exness Terminal allow access on any system: Windows, Mac, Linux, as well as the mobile platform of any kind. Now let's have a detailed review of the terminals and focus on their main specifications.
MetaTrader 4 (MT4)
MT4 has been a "workhorse" of online trading for professionals worldwide for many years. It is a reliable platform and does not overload the hardware.
- flexible trading with numerous strategies
- instant and market execution orders
- auto-trading option eligible through Expert Advisors for automatic work
- over 20 different analytical objects for technical analysis along with 30 built-in indicators
- possibility to develop own robots
MetaTrader 5 (MT5)
This is an upgraded version of MT4 with even more powerful possibilities, which fixed some drawbacks of the previous version. It is suitable both for beginners and for the creation of advanced trading robots.
- Hedging System
- additional charts and timeframes
- MetaQuotes Language 5
- over 30 built-in indicators along with 22 analytical tools and 46 graphical objects
WebTerminal includes basic features of MT4 and MT5 but comes with no need to install anything.
- no registration required
- no additional software
- basic functions of MT4 and MT5
- speed and added security
- real-time quotes
- customizable price charts
Exness Terminal is the company's own sophisticated terminal designed and supervised by Exness Group developers.
- web and mobile-friendly platform
- transactions portfolio and history
- charting tools and timeframes
- live chat support
Exness Social Trading
Social Trading makes it simple as novice clients can copy experienced traders while enabling both to earn from profitable trades.
The investors are the clients browsing and copying the trades made in strategies of experienced traders.
The Strategy Provider
The strategy provider profits off the trades as investors also earn from those.
Market Analysis & Research Tools
The broker offers the following research tools:
- Market Analysis Calendar
- Currency Converter
- Tick History
- VPS for Traders
Education by Exness
Exness also provides quite a few educational options, including Exness Academy, Webinars, and Glossary.
The Academy caters specifically to rookie traders in building their skills and helping them understand the core principles of transactions related to trading.
The webinars provided by the company are usually scheduled ahead of time.
The Glossary comprises terms from A-Z used by both beginner users and experienced traders
Customer Support – a Good Relationship with Each Client
Along with comfortable conditions for online trading, every user gets advanced round-the-clock customer support available in 13 languages. Exness gained fairly high rankings for its excellent support service and is recognized among other brokers for it as well.
Conclusion about Exness Group
Exness Group has created a totally safe trading space tailored for customers with different levels of experience. The company is a fully regulated and transparent broker globally recognized for its achievements offering secure online investment standards, low commission fees on trades, and top-notch customer support.
The broker offers its traders to experience superior trading platforms, competitive spreads, prices, and conditions.
Frequently Asked Questions (FAQ)
👉 What is Exness?
Exness is a duly authorized international CFD/FX brokerage company offering services in over 130 financial instruments. CFDS are leveraged products. Trading in cfds carries a high level of risk. But if you choose Exness market maker all the risks will be significantly reduced.
👉 Is Exness Asia trusted?
Exness is regulated by CySEC and FCA, which are two of the most renowned and trusted forex regulators in the market. Moreover, the broker provides superior personal data protection. So, choosing Exness is an absolutely safe investment.
👉 Are Exness Signals Reliable?
Based on its long-time presence in the market, Exness has established its reputation as a highly respectable and reliable broker.
👉 Are Exness Commissions Low?
The Standard and Pro accounts do not apply commission fees charged on trades, yet the Raw spread charges commission up to $3.5 with Zero Account commission set at $3.5 as well.
👉 Is Exness Regulated?
Yes, the broker is regulated by financial services authority bodies: FCA, CySEC, SFSA, CBCS, FSC (BVI), and FSC.
👉 How does Exness Trading Work?
Exness spread uses tight variable spreads as a basis, defined by user's account type. Spreads start from as low as 0.1 pips.
👉 Exness How to Trade Algorithm?
- Fill the registration form
- Verify your credentials
- Deposit funds
- Learn about trading terminals
👉 Exness How to Deposit?
- Log in
- Proceed to the Deposit section
- Select preferred payment system
- Choose the account you'd like to deposit funds into
- Enter the amount of your deposit and click Next.
👉 What is the Minimum Deposit for Exness?
Minimum deposits are set at $1 for Cent account, $10 for a Standard acc., and $200 for a Pro acc. respectively.
👉 Where is Exness Broker Located?
The company's headquarters is located in Cyprus with main trading servers located in the Netherlands.
👉 What is Exness Social Trading?
It is a service by which investors copy strategies of strategy providers while both of them earn on profit together.