Exness is a prominent forex and CFD broker, established in 2008 in Seychelles by a team of finance and IT experts. Here’s an overview of Exness, including its history, achievements, core principles, and plans.
A Brief History of Exness
Initially, Exness focused on providing an exceptional trading experience through advanced technology and low spreads. They were early adopters of the MetaTrader 5 platform. As Exness expanded globally, it secured its first international license in 2013, marking the start of its rapid growth. By 2023, Exness achieved over $5 trillion in monthly trading volume and attracted more than 800,000 active traders. The company now serves clients in over 100 countries, maintaining a reputation for reliability and transparency.
Numbers That Highlight Exness’ Success
- Trading Volume: Exness surpassed $5 trillion in monthly trading volume in 2023.
- Active Traders: Over 800,000 active traders globally.
- Client Withdrawals: More than $1 billion withdrawn by traders in 2023.
- Global Reach: Operating in over 100 countries with multilingual support.
Why Traders Choose Exness
- Competitive Spreads and Leverage: Tight spreads starting from 0.0 pips and leverage up to 1:2000 for Standard accounts.
- Variety of Account Types: Options include Standard, Standard Cent, Raw Spread, and Pro accounts.
- Fast Withdrawals: Most transactions are processed within a few hours.
- Reliable Platforms: Supports MetaTrader 4, MetaTrader 5, and proprietary web and mobile platforms.
- Strong Regulation: Regulated by the Financial Services Commission (FSC) of Mauritius, the Cyprus Securities and Exchange Commission (CySEC), and the Seychelles Financial Services Authority (FSA).
Key Achievements and Awards
- Best Forex Broker 2022 by World Finance.
- Best Execution Broker 2021 by Shares Magazine.
- Top 3 Brokers by Monthly Trading Volumes by FinanceFeeds.
- Licenses from CySEC, FSC Mauritius, and FSA Seychelles.
These awards and regulatory endorsements highlight Exness’ commitment to excellence and reliability in the industry.
Core Principles of Exness
- Transparency: Full disclosure of fees, spreads, execution, and trading conditions, with no hidden costs.
- Innovation: Continuous investment in new trading tools and technology to enhance the user experience.
- Security: Robust security systems and partnerships with leading banks to protect client funds and data.
- Regulation: Adherence to strict regulatory standards set by multiple tier-1 authorities.
Exness’ Future Plans
- Global Expansion: Penetration into new markets and regions.
- Diverse Asset Classes: Introduction of more trading options such as bonds and ETFs.
- Enhanced Resources: Improvement of educational content and trading tools for clients.
- Adopting New Technologies: Embracing AI and big data analytics to stay ahead of market trends.
- Client Focus: Continuous enhancement of customer satisfaction and retention.
Exness aims to evolve with modern traders’ needs, ensuring it remains a leader in the online trading industry.
FAQ About Exness
In which countries and by which regulators is Exness licensed?
Exness is licensed and regulated by authorities in Cyprus (CySEC), the United Kingdom (FCA), Seychelles (FSA), Mauritius (FSC), and South Africa (FSCA). These licenses ensure adherence to strict financial standards and provide a secure trading environment. Exness serves clients in over 100 countries.