Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Exness review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Exness suits beginners and day-traders who want forex, CFDs, metals, crypto and stocks under a single login, reachable from a minimum deposit of $10. Retail leverage of 1:Unlimited gives active traders room, and the listed investor protection runs through the FSCS scheme, capped at the level it states.

Key facts

Best for
Low running costs on a multi-market trading account for beginners and day-traders.
Minimum deposit
$10↗
Stock trade fee
$0↗
Inactivity fee
$0↗
Markets
Stocks, Forex, CFDs, Crypto, Metals↗
Regulators
FCA, CySEC, FSA Seychelles, FSCA↗
Investor protection
FSCS up to GBP 85,000↗
Deposit and withdrawal fees
no deposit or withdrawal fee↗
Platforms
MT4, MT5, Exness Terminal, Exness Trade App↗
Maximum retail leverage
1:Unlimited↗
Legal entity
Exness (SC) Ltd↗
Headquarters
Cyprus↗
Founded
2008↗
Pricing model
Commission-free, Low fees
Audience
Beginners, Day traders
Official website
exness.com

Facts checked September 26, 2026, 7 sources

Apps and profiles

Elsewhere
WikidataX

Pros and cons

Pros

  • A single account covers stocks, forex and cfds, so currency, metals, crypto and stock positions sit together.
  • Deposits and withdrawals carry no charge, so topping up or taking profit out adds no fee of its own.
  • The platform list covers MT4, MT5 and Exness Terminal, giving desktop terminals and a mobile app off the same login.
  • Pricing is described as commission free and low fees, so the headline offer is commission-free trading.
  • The group is named as regulated by FCA, CySEC and FSA Seychelles, with an FSCA licence recorded as 51024.

Cons

  • The minimum deposit of $10 is higher than CFI's $0, so opening a trial account costs more.
  • Retail leverage of 1:Unlimited magnifies losses as readily as gains, and the median share of retail accounts that lose money is 72.13%.
  • Investor protection is listed as FSCS up to GBP 85,000, a single scheme with a stated ceiling rather than cover that follows a larger balance.
Exness

Ready to try Exness?

Scored 9.4 / 10 by SumCue.

See alternatives

Who it suits

  • Beginners opening a first account, since the entry outlay is only $10
  • Day-traders who want forex, CFDs, metals, crypto and stocks under one login
  • Active traders comfortable with retail leverage of 1:Unlimited

Who should look elsewhere

  • CFI, if you would rather open an account with no minimum deposit than with $10
  • bunq, if you want everyday banking on a minimum deposit of €10 rather than leveraged trading
  • Fiesta Credito MX, regulated by CONDUSEF, if your need in Mexico is borrowing rather than market trading

Regulation and registers

Safety of the money starts with knowing which firm you are dealing with, and the South African register is the clearest entry point for Exness: the FSCA licence is recorded as 51024. Put that identifier into the regulator's own register and you can see the firm named against it, which is a stronger check than any brand name on a website. A register entry confirms that a firm is licensed to operate. It does not tell you what your money is covered by, nor which entity will hold your deposit if you sign up through a particular arm, so treat it as the start of the checks rather than the end. Licensing and protection are separate questions, and both deserve an answer before you fund an account.

Fees and currency costs

The published pricing is simple. The stock trade fee on the trading account is $0, so buying and selling shares carries no commission, and the account level inactivity charge is $0, so a dormant balance is not penalised. Cash handling is the other line to check: there is no deposit or withdrawal fee, which means funding the account and taking money back out are not charged separately from the trades themselves. The figure that asks for a decision is the minimum deposit of $10, because that is money committed before any return is earned. For a small first account the running cost is very low, so the real question is how much you are prepared to put at risk while you learn the platform.

Getting started

Opening the account is a small commitment. The minimum deposit is $10, which is the amount that has to be in the account before trading starts, and after that deposits and withdrawals carry no charge, so adding funds later or taking a slice of profit out does not come with a separate fee. That pairing matters for a first account: the entry cost is low and repeatable, and money can be moved in either direction without a handling charge while you learn the markets on offer. What these figures do not cover is the cost of the trades themselves or the risk carried on the account, so size the deposit as money you can afford to lose rather than as a formality that unlocks the platform.

Who runs it

The firm behind the brand is named as Exness (SC) Ltd, the base of the group is Cyprus, and it has been trading since 2008. The South African register adds a second anchor, with the FSCA entry recorded under licence 51024. The legal entity name matters more than the trading name, because the entity is the party that holds client money and answers a complaint, and the register entry is the quickest way to confirm which firm that is. Check the entity printed on your own account paperwork against the register before you fund it, since the company named there is the one that matters if something goes wrong.

How Exness compares

Where Exness is available

Available
Everywhere except United States
Licence in United Kingdom
FCA, checked September 26, 2026
Licence in Cyprus
CySEC, checked September 26, 2026
Licence in Seychelles
FSA Seychelles, checked September 26, 2026
Licence in South Africa
FSCA (51024), checked September 26, 2026

Frequently asked questions

What does it cost to open and run an Exness account?+

The minimum deposit is $10, the stock trade fee is $0 and the inactivity charge is $0, so the ongoing cost of holding the account is very low. Deposits and withdrawals carry no charge either, so moving money in or out adds no fee of its own. The outlay that matters is the deposit you commit at the start.

Is my money protected if the broker fails?+

The listed protection is the FSCS scheme, with cover capped at the level stated for eligible claims. Anything held above that ceiling is not covered by the scheme, and the protection runs through the regulated entity rather than the brand name, so it is worth checking which company your account is with before you fund it. The scheme covers qualifying claims rather than trading losses.

Which markets can I trade on one Exness account?+

A single account covers stocks, forex and cfds. That mix suits a trader who wants to hold a currency position, a metals position and a crypto position at the same time without opening accounts elsewhere, and the same login also reaches stock trading. It is built around active positions rather than around holding cash, so it suits people who expect to trade often.

How much leverage do retail accounts get?+

Retail leverage is listed as 1:Unlimited, which is far above the ceiling most retail traders need. Leverage magnifies a small price move into a large change in the account in both directions, so a position can be closed out by a move you did not expect. Across the brokers ranked here the median share of retail accounts that lose money is 72.13%.

How do I deposit and withdraw money?+

You fund the account from a minimum deposit of $10, and deposits and withdrawals both carry no charge. That means small regular top-ups and taking a slice of profit out do not come with a separate handling fee, which suits people who trade in and out of positions rather than holding a single position for years. The payment methods available depend on the entity you are registered with.

Which platforms and apps can I use?+

The platform list covers MT4, MT5 and Exness Terminal, so the same account can be traded on the established desktop terminals or on the broker's own app. Older terminals suit traders who want full chart control on a big screen, while the app covers trading away from a desk. Both run off the same login and the same balance.

Who is Exness aimed at?+

The stated audience is beginners and day-traders, and the pricing model is described as commission free and low fees, which pairs with a minimum deposit of $10 for people opening a first account. It is aimed at active trading rather than long-term investing, because the account is built around positions in stocks, forex and cfds rather than around parking money for years.

How is Exness regulated, and how do I check it?+

The group is named as regulated by FCA, CySEC and FSA Seychelles. The South African entry is the easiest to verify, because the FSCA licence is recorded as 51024 and that identifier can be matched against the regulator's own register. Regulators set different rules, so the authority attached to your own account is the one that counts.

Should I pick Exness over CFI or bunq?+

It depends what you want the account for. CFI asks for no minimum deposit where Exness asks for $10, and bunq's minimum deposit of €10 belongs to a bank account rather than to leveraged trading. Exness makes more sense if you want stocks, forex and cfds and a trade driven account rather than everyday banking.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Account fee, Retail accounts that lose money.

Exness

Exness

Low running costs on a multi-market trading account for beginners and day-traders.

9.4/10See alternatives