About Exness (Cy) Ltd
Company Overview
Exness (Cy) Ltd is the Cyprus-registered entity of the global Exness Group, a major player in the online trading industry. The company is headquartered in Limassol, Cyprus, and was established in 2011 (company registration HE 293057). While the group itself was founded in 2008, Exness (Cy) Ltd serves as the European arm, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 178/12. The broker operates under the official domain exness.eu, which focuses on B2B institutional liquidity solutions, but its retail offering is widely available through group websites.
Regulation and Safety
Exness (Cy) Ltd is regulated by CySEC as a CIF (Cyprus Investment Firm) with licence number 178/12. This licence authorises the firm to provide forex and CFD trading services to retail and professional clients across the European Economic Area. As a regulated entity, it must comply with MiFID II standards, including client fund segregation, negative balance protection, and participation in the Investor Compensation Fund (ICF) for eligible clients. The broker's registration with CySEC is active and dates back to September 2012.
Account Types and Trading Conditions
Exness offers a range of account types to suit different trading styles and capital levels. According to industry information, the broker provides Standard, Cent, Pro, Raw Spread, and Zero accounts. The Standard account allows a minimum deposit of $10 and features variable spreads from 1.0 pip on EUR/USD with no commission.
The Cent account is designed for beginners with micro-lots. The Pro account requires a $200 minimum deposit and offers spreads from 0.6 pips with no commission. The Raw Spread and Zero accounts provide raw spreads from 0.0 pips but charge a commission per lot.
Leverage is available up to 1:2000 on certain accounts, depending on the instrument and regulatory limits.
Trading Platforms and Instruments
The broker supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available on desktop, web, and mobile devices. These platforms provide advanced charting tools, automated trading via Expert Advisors (EAs), and a wide range of technical indicators. Exness offers trading in over 100 instruments, including forex pairs, commodities, indices, cryptocurrencies, and stock CFDs. The broker also provides a proprietary web trader platform for browser-based trading. For institutional clients, the broker offers customised liquidity solutions via its API.
Deposits and Withdrawals
Exness is known for fast and flexible deposit and withdrawal options. The broker supports bank wire transfers, credit/debit cards, and a variety of e-wallets such as Skrill, Neteller, and local payment methods. Deposits are typically processed instantly, and withdrawals are often completed within hours.
The broker does not charge fees for most deposit methods, and withdrawal fees are minimal. Exness also offers an instant withdrawal feature for certain account types, allowing clients to access funds quickly. However, some user complaints have reported delays or blocks on withdrawals, particularly for larger amounts or during verification reviews.
Customer Support and Education
Exness provides customer support via live chat, email, and phone, with multilingual agents available 24/7. The broker also offers an extensive education section on its website, including video tutorials, webinars, articles, and a glossary of trading terms. For active traders, Exness provides market analysis, economic calendars, and trading signals. The broker's overall rating on Trustpilot is 4.7/5 based on thousands of reviews, indicating generally positive client experiences, though isolated complaints exist.
Overview compiled by FXCanary from regulatory records and public data. full Exness (Cy) Ltd review