fxgnosis
Last updated: July 19, 2026

Exness

Verified
Founded: 2008HQ:
CY flag
Cyprus
Website: exness.com
Score
4.23
External ratings
TP4.729 951 reviews

Exness was founded in 2008 in Limassol, Cyprus. It is an international multi-asset broker covering forex, metals, cryptocurrencies, indices, stock CFDs and energies.

Overview

Regulation

FCA CySEC FSCA CMA FSA

The group holds seven licences in total; beyond those shown it also operates under FSC BVI and CBCS Curaçao. Exness Cyprus and Exness UK serve B2B clients only and are not available to retail traders. In South Africa, clients are onboarded through Exness ZA (Pty) Ltd, an FSCA-authorised Financial Services Provider (FSP 51024) under the FAIS Act, while trading accounts are contracted with Exness (SC) Ltd under FSA Seychelles SD025. Because the local entity is FSCA-authorised, an unresolved complaint can be escalated to the FAIS Ombud after the broker's own procedure, a route retail clients in many offshore-only markets do not have.

Platforms and instruments

MetaTrader 4 MetaTrader 5 Exness Terminal

Around 250 instruments are available. Negative Balance Protection is enabled by default: account balance cannot go below zero.

Account types

  • Standard: deposit from $10, spread from 0.20 pips (EUR/USD from 0.8 pips), no commission
  • Standard Cent: deposit from $10, spread from 0.30 pips (EUR/USD from 0.6 pips), no commission, cent lots
  • Pro: deposit from $200, spread from 0.10 pips (EUR/USD from 0.6 pips), no commission, instant or market execution
  • Raw Spread: deposit from $200, spread from 0.00 pips, commission up to $3.50 per lot per side (EUR/USD $2.5)
  • Zero: deposit from $200, spread from 0.00 pips on 30 core instruments, commission from $0.05 per lot per side (EUR/USD $2.5)

Leverage up to 1:Unlimited on the FSA Seychelles entity, by account equity:

1:Unlimitedequity below $1,000
1:2000equity above $1,000

Unlimited leverage is activated manually in account settings after 10 closed orders with a total volume of 5 lots. Swap-free mode is available.

Account currency is chosen at opening. Standard, Pro, Raw Spread and Zero support an extended list including ZAR, USD, EUR and dozens of other currencies. Standard Cent supports only the six cent variants (USC, EUC, GBC, CHC, AUC, CAC); a ZAR cent account is not offered.

Payments for clients from South Africa

DepositCapitec PayOzowInternet BankingVisaMastercardSkrillNetellerBinancePayUSDTBitcoin
WithdrawalInternet BankingSkrillNetellerSticPayBinancePayUSDTBitcoin

Capitec Pay is marked Recommended for deposits and Internet Banking for withdrawals in the Personal Area. Capitec Pay, Ozow and bank cards are deposit-only; SticPay is withdrawal-only. Crypto withdrawals require a prior deposit through the same method. Exness charges no fees on deposits or withdrawals; third-party payment provider fees are covered by the broker. Funds can be withdrawn to personal accounts only; third-party recipients are not accepted.

Withdrawal

According to Exness, more than 98% of withdrawals are processed automatically 24 hours a day. Processing times depend on the method:

  • Internet Banking: instant to 24 hours, limit $10-30,000 per transaction
  • BinancePay: instant to 30 minutes, limit $10-20,000
  • Neteller, SticPay: instant to 24 hours, limit $10-10,000
  • Skrill: instant to 24 hours, limit $10-12,000
  • Bitcoin: up to 1 hour, limit $200-1,000,000
  • USDT: around 15 minutes, limit $10-1,000,000

Exact amounts and any third-party provider fees are shown in the Personal Area when the method is selected.

Localisation and support

The website and Personal Area are in English, the primary language of financial services in South Africa. Support runs 24/7 in several languages including English, with a South Africa toll-free phone line at 0800 980 600. Market news, analysis and structured educational courses on the broker's site are published in English.

Additional programmes

Copy Trading is not available to South African clients: the Personal Area shows "Unfortunately, the application is not available in your country" for the Copy Trading section.

Public sources

Trustpilot: 4.7 out of 5 across 29,951 reviews (May 2026). No regulatory fines against Exness have been recorded.

Pros and cons

Pros
  • Most withdrawals automatic 24/7
  • South African rand (ZAR) account
  • No broker fees on deposits and withdrawals
  • Negative balance protection
  • 24/7 support
  • MT4 and MT5 platforms
  • Adjustable leverage

Account types

Accounts available to clients from South Africa.

AccountDepositSpreadCommission
Standard$10avg 0.8 pipsNone
Standard Cent$10from 0.3 pipsNone
Pro$200avg 0.6 pipsNone
Raw Spread$200avg 0.0 pips$5 per lot
Zero$200avg 0.0 pips$5 per lot

Spread shown for EUR/USD. Commission is round turn per lot.

Payment methods

Available deposit and withdrawal methods for clients from ZA.

Deposit
Binance₿ BTCCapitec PayInternet BankingMCNETELLEROzowSkrillUSDTVISA
Instant, no broker-side fees
Withdrawal
Binance₿ BTCInternet BankingNETELLERSkrillSticPayUSDT
1-24 hours, no fee

Regulation & Licenses

File first with the broker: the Ombud takes a complaint only if the broker failed to resolve it within six weeks. Then escalate to the FAIS Ombud: faisombud.co.za, email [email protected], free for the complainant. The Ombud mediates and can award compensation up to R3.5 million (previously R800,000; the new limit applies to complaints received from 1 July 2024 and is not retrospective). Costs and interest fall outside the limit, and the limit itself can be exceeded if the responding party agrees in writing.