Regulatory Oversight and Accreditations #
💼 Licensed by the Financial Services Authority (FSA) in Seychelles under license number SD025
💼 Overseen by the Central Bank of the Caribbean and Sint Maarten (CBCS) via Exness B.V., an esteemed securities dealer, holding license number 0003LSI.
💼 Governed by the British Virgin Islands Financial Services Commission (FSC) with registration number 2032226 and license number SIBA/L/20/1133 for Exness VG Limited operations.
💼 Regulated by the Financial Services Commission (FSC) of Mauritius for Tortelo Limited, holding registration number 176967 and license number GB20025294, excluding underwriting.
💼 As a Financial Services Provider in South Africa, Vlerizo (Pty) Limited is supervised by the Financial Sector Conduct Authority (FSCA) with license number 51024.
💼 Cyprus Securities and Exchange Commission (CySEC) licenses Exness (Cy) Ltd under number 178/12, headquartered in Cyprus.
💼 Additionally, Exness (UK) Limited is authorized by the Financial Conduct Authority (FCA) in the UK as a regulated, registered, and authorized Investment Firm under license number 730729.
💼 Granted license number 162 by the Capital Markets Authority (CMA) in Kenya for operations in the region.
Account Types #
🌟 _Standard Account (_MT4/MT5/ Exness web trader)
A standard account is suitable for traders of any skill level, catering to diverse trading styles and preferences. It's the most common type of account offered by the majority of forex and CFD companies today.
| Account Feature | Value |
|------------------------------|------------------------------------------------------------|
| 💰 Minimum Deposit Requirement | $10 |
| 📊 Spreads | Variable, starting from 0.3 pips |
| 💵 Account Base Currency | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, KES, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
| 💸 Commission Charges | None |
| 📈 Maximum Leverage offered | Unlimited leverage |
| ✔️ Instruments Available | Forex major pairs, minor currency pairs, exotic pairs, energies, cryptocurrencies, stocks, indices |
| 📉 Minimum lot size | 0.01 lot |
| 📈 Maximum Lot Size | - 200 lots from 7 am to 8h59 pm (GMT +0) |
| | - 20 lots from 9 pm to 6h59 am (GMT +0) |
| 📊 Maximum positions | Unlimited |
| % Hedged Margin (%) | 0 |
| 📞 Margin Call (%) | 60 |
| 🛑 Stop-out Level (%) | 0 |
| 📱 Order Execution | Market Execution |
| ☪️ Islamic Account | Yes |
🎯 Standard Cent Account (MT4 only) –
This account is perfect for novice traders who wish to familiarize themselves with the market dynamics without risking their own capital. It's also an excellent choice for seasoned traders seeking to validate their strategies under real market conditions without financial exposure.
Account Feature | Value |
|---|---|
💰 Minimum Deposit Requirement | $10 |
📊 Spreads | Variable, starting from 0.3 pips |
💵 Account Base Currency | USC, EUC, GBC, CHC, AUC, CAC |
💸 Commission Charges | None |
📈 Maximum Leverage offered | Unlimited leverage |
✔️ Instruments Available | Forex, Precious Metals |
📉 Minimum lot size | 0.01 lot |
📈 Maximum Lot Size | - 200 lots from 7 am to 8h59 pm (GMT +0) |
- 20 lots from 9 pm to 6h59 am (GMT +0) | |
📊 Maximum positions | 1000 |
% Hedged Margin (%) | 0 |
📞 Margin Call (%) | 60 |
🛑 Stop-out Level (%) | 0 |
📱 Order Execution | Market Execution |
☪️ Islamic Account | Yes |
| ☪️ Islamic Account | Yes |
📈 Raw Spread Account (MT4/MT5/Exness web trader)
👉 Account varieties like this one, offering competitive and narrow spreads, suit scalpers, day traders, and algorithmic traders, among others.
Account Feature | Value |
|---|---|
💰 Minimum Deposit Requirement | $500 |
📊 Spreads | Variable, starting from 0.0 pips |
💵 Account Base Currency | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
💸 Commission Charges | Up to $3.5 per side, per lot |
📈 Maximum Leverage offered | Unlimited leverage |
✔️ Instruments Available | Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices |
📉 Minimum lot size | 0.01 lot |
📈 Maximum Lot Size | - 200 lots from 7 am to 8h59 pm (GMT +0) |
- 20 lots from 9 pm to 6h59 am (GMT +0) | |
📊 Maximum positions | Unlimited |
% Hedged Margin (%) | 0 |
📞 Margin Call (%) | 30 |
🛑 Stop-out Level (%) | 0 |
📱 Order Execution | Market Execution |
☪️ Islamic Account | Yes |
💰 Zero Account (MT4 or MT5)
The Zero Account ensures market execution without requotes and offers the narrowest spreads and the most competitive fees in the industry.
Account Feature | Value |
|---|---|
💰 Minimum Deposit Requirement | $500 |
📊 Spreads | Variable, starting from 0.0 pips |
💵 Account Base Currency | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
💸 Commission Charges | From $0.1 per side, per lot |
📈 Maximum Leverage offered | Unlimited leverage |
✔️ Instruments Available | Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices |
📉 Minimum lot size | 0.01 lot |
📈 Maximum Lot Size | - 200 lots from 7 am to 8h59 pm (GMT +0) |
- 20 lots from 9 pm to 6h59 am (GMT +0) | |
📊 Maximum positions | Unlimited |
% Hedged Margin (%) | 0 |
📞 Margin Call (%) | 30 |
🛑 Stop-out Level (%) | 0 |
📱 Order Execution | Market Execution |
☪️ Islamic Account | Yes |
🚀 Pro Account (MT4/MT5/Exness web trader)
Tailored for traders with profound expertise in the financial markets, Professional Accounts offer advanced features and tools.
Account Feature | Value |
|---|---|
💰 Minimum Deposit Requirement | $500 |
📊 Spreads | Variable, starting from 0.0 pips |
💵 Account Base Currency | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
💸 Commission Charges | None |
📈 Maximum Leverage offered | Unlimited leverage |
✔️ Instruments Available | Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices |
📉 Minimum lot size | 0.01 lot |
📈 Maximum Lot Size | - 200 lots from 7 am to 8h59 pm (GMT +0) |
- 20 lots from 9 pm to 6h59 am (GMT +0) | |
📊 Maximum positions | Unlimited |
% Hedged Margin (%) | 0 |
📞 Margin Call (%) | 30 |
🛑 Stop-out Level (%) | 0 |
📱 Order Execution | Instant Execution on Forex currency pairs, metals, energies, stocks, and indices and market execution on cryptocurrencies |
☪️ Islamic Account | Yes |
☪️ Exness Islamic Account
Depending on their trading style and strategy, forex traders may choose to hold their positions open for more than 24 hours on a trading day.
👉 This could lead to incurring overnight or rollover fees, which are considered a form of interest prohibited by the Riba principles of Sharia law. Consequently, Muslim traders often face restrictions in forex trading.
👉 Fortunately, Exness offers an Islamic Account option, enabling traders with diverse skill levels and trading objectives to engage in multiple financial markets without being exposed to various types of interest.
👉 Upon account registration, Muslim traders residing in Islamic countries are automatically assigned a Swap-Free account.
How to open an Account with Exness #
It takes about 5 minutes to open an account with Exness.
From the Exness homepage, we clicked on the New Account tab where we were directed to register an account.
Registration form required us to fill in our country of residence and email address and choose a password. This allowed us access to Exness Personal Area.
For countries with their own local regulations Eg Kenya which is regulated by CMA, the website requests to redirect as shown on screenshot below
To guarantee a safe trading environment for all traders, Exness has created a Know Your Client (KYC) protocol requiring traders to provide proof of identification and proof of residence.
Trading Platforms
Exness offers Uganda traders a choice between these trading platforms:
🔹 MetaTrader 4 -
🔹 MetaTrader 5
🔹 Exness Terminal
🔹 Exness Trader app
Trading Instruments
👉 Traders can expect the following range of markets from Exness:
💱 Forex CFD
🔶 Commodities CFD
💹 Crypto CFD
🛢️ Energies
📈 Indices CFD
📊 Stocks CFD
Additionally, it provides a respectable selection of cryptocurrencies and a maximum leverage of 2000:1. However, the number of available stock CFDs for trading is limited to 97, which is somewhat disappointing. It's important to note that this count may vary depending on the trader's account type.
A wide range of Forex pairs: Exness boasts an extensive collection of over 100 Forex pairs, encompassing major, minor, and exotic pairs, making it one of the most comprehensive selections in the industry.
Exness features 34 cryptocurrencies available for trading with leverage of up to 400:1. While not the largest assortment available, it offers higher leverage for crypto trading compared to many other brokers. Given the volatility of these assets, the high leverage on crypto CFDs poses potential risks, and traders are advised to exercise caution and consider using lower leverage levels than the maximum offered.
Exness Trading and Non-Trading Fees
Spreads