Exness Review crypto broker 2024

Our veredict

Exness is a well-regulated and versatile broker offering a robust platform for trading various assets, including cryptocurrencies. It provides access to over 35 cryptocurrency CFDs, allowing traders to engage in commission-free trading with competitive spreads. The platform is user-friendly and supports MetaTrader 4 and 5, along with its proprietary Exness Terminal, catering to both beginner and advanced traders. Exness stands out for its flexible account types, high leverage options up to 1:2000, and efficient, fee-free deposit and withdrawal processes.

However, it’s worth noting that Exness primarily operates through offshore entities, which may offer limited investor protection compared to onshore regulated brokers. Additionally, the cryptocurrency spreads can be relatively wide, which might increase trading costs for users. While Exness offers a comprehensive suite of trading tools and platforms, it only provides CFDs, meaning traders cannot invest in real assets, which might not be suitable for those looking for long-term investments. Overall, Exness is recommended for traders seeking a broad range of trading instruments and advanced trading tools, especially those comfortable with the higher risks associated with high leverage and offshore regulation.

Pros

No Deposit or Withdrawal Fees The platform does not charge fees for deposits or withdrawals, making it cost-effective for traders to manage their funds.
Multiple Account Types The broker offers various account types, including Standard, Pro, Raw Spread, and Zero accounts, catering to different trading styles and experience levels.
Wide Range of Cryptocurrency CFDs Exness provides access to over 35 cryptocurrency CFDs, enabling traders to diversify their trading portfolio with a variety of crypto assets.

Cons

3,5

Threenvest Score

Fees

4/5

Regulated

CySEC, FCA

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To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

Why choose Exness?

Exness is a compelling choice for cryptocurrency trading due to its robust offerings and features tailored to various types of traders. Firstly, Exness provides access to over 35 cryptocurrency CFDs, enabling traders to engage in a wide range of crypto assets without the need to own them physically. This flexibility allows traders to speculate on price movements and benefit from both rising and falling markets.

Additionally, Exness is known for its competitive trading conditions, including commission-free trading on standard accounts and narrow spreads, which help to minimize trading costs. The platform supports high leverage up to 1:2000, giving traders the potential to maximize their returns, although it should be noted that this also increases the risk.

Exness also excels in user experience and security. It offers user-friendly platforms such as MetaTrader 4, MetaTrader 5, and the proprietary Exness Terminal, which are equipped with advanced trading tools and features. Furthermore, Exness ensures a high level of security through measures like segregated client funds and negative balance protection, which safeguards traders’ investments and prevents them from incurring losses beyond their deposited amount. These attributes make Exness a reliable and attractive option for both novice and experienced cryptocurrency traders.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert on our site, I can confidently say that Exness is a solid choice for cryptocurrency trading. With over 35 crypto CFDs available, high leverage options up to 1:2000, and commission-free trading on standard accounts, it offers both flexibility and cost-efficiency. The platform’s robust security measures and multiple regulatory approvals provide a safe trading environment. For those looking to trade crypto, Exness’s user-friendly platforms and comprehensive customer support make it an excellent choice for both beginners and experienced traders.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.