Exness Broker Review: An In-Depth Look

As professional broker reviewers at DayFunded, it's our job to provide you with the most thorough and unbiased reviews of trading brokers. Today, we're going to take an in-depth look at a broker that's been around since 2008 – Exness. With varying opinions on its service, it has secured itself an average rating of 7.4 among traders that we studied.

About the Broker

Exness is operated by a string of companies, including Nymstar Limited, Exness B.V., Venico Capital Limited, and Vlerizo (Pty) Ltd. Having marked its inception in 2008, it's been available online and serving a growing clientele for over a decade now. Be aware though, if you're a U.S.-based trader, Exness might not be your go-to option as U.S. Traders aren't allowed.

Account & Trading

One of the standout features of Exness is the surprisingly low minimum account size, which sits at just $1. This basically means that anyone willing to try their hand at trading can open an account with Exness. The minimum position size is at 0.01 which helps traders to manage their risks effectively.

Exness is often touted for its serious regulation, setting a peace of mind for many traders who consider trading with them. Additionally, Exness offers low spreads, which appears to be appealing for those conscious of their trading costs.

Additional Features

Exness doesn’t just stop at the low account size and serious regulation; they provide a number of additional features like free educational resources for those who are new to the trading world or even veteran traders looking to brush up their knowledge.

They also offer a Virtual Private Server (VPS) for their traders which provides a stable connection to the trading platform, segregating accounts for added security and management of your funds, and the PAMM and LAMM services which are extremely helpful for investors who'd prefer to get their portfolio managed by experienced traders.

However, they have not provided the specifics about the maximum leverage for their services.

Community Engagement

One standout feature of Exness is its commitment to driving a sense of community amongst traders. They frequently hold trading contests which not only spurs some friendly competition but can also lead to great rewards.

Concluding Remarks

Overall, the combination of a serious regulatory framework, an array of additional features, a low-entry barrier with its minimum account size, and engaging community activities makes Exness a viable choice for many traders. Those looking for a broker providing a balance between learning, trading, and an engaging trading community might find Exness fits the bill.

Remember, it's essential that you thoroughly research and consider your unique requirements before heading into the world of trading, no matter which broker you choose.

Happy trading!