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Brokers / Exness
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Verified Aug 5, 2026
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3.9
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Exness Review

Exness is a Seychelles FSA-regulated broker (Exness (SC) Ltd, licence SD025) offering Raw Spread and Zero accounts with spreads from 0.0 pips, leverage up to 1:2000, and withdrawals that are automatically processed for the large majority of requests.

Reviewed by Alex Jhonas·Updated Aug 20, 2026·How we test →
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Exness is a Seychelles FSA-regulated broker (Exness (SC) Ltd, licence SD025) offering Raw Spread and Zero accounts with spreads from 0.0 pips, leverage up to 1:2000, and withdrawals that are automatically processed for the large majority of requests.

  • Regulated by FSA Seychelles
  • Minimum deposit of $10
  • Typical EUR/USD spread of 0.1 pips
  • ECN execution
  • Facts last checked on Aug 5, 2026
How this review was verified
Profile compiled 2026-08-05 firsthand from the broker's official website, public regulator registers, and a live trading account FirstBuckFX holds directly with Exness. Anything not confirmed was left as "Not disclosed" rather than assumed.
RegulationFSA Seychelles
Founded2008 (18 years in business)
HeadquartersLimassol, Cyprus
OwnershipNot disclosed
Execution typeECN
Min deposit$10
LeverageUp to 1:2000
PlatformsMT4, MT5, Exness Trade App, WebTerminal
Spread typeVariable
Live spread feedNot live: typical EUR/USD spread is 0.1 pips, verified Aug 5, 2026
Negative balance protectionYes
Deposit methodsCredit/Debit Card, Bank Transfer, Skrill, Neteller, Cryptocurrency
FeesNo deposit or withdrawal fees charged by Exness; card and bank-wire withdrawals may carry third-party processing charges.
Inactivity feeNone
Copy tradingYes
Islamic accountYes, swap-free available
Restricted countries7 countries excluded, including United States, Canada, Australia
48
out of 100
Safety Score
Computed from what's verified on this page, not a flat editorial opinion.
Regulatory oversight18/40
1 active regulator on file, each verified against its public register
Verification recency12/20
Facts last checked 44 days ago
Verification history depth10/20
2 logged verification checks on record
Live account transparency0/12
No live-verified account with this broker yet
Written methodology8/8
A specific verification methodology note is on file
Rating factors
Each axis is computed from what's verified on this profile, not a survey or editorial score.
Pros
  • +Regulated by five or more authorities including the FCA, CySEC, and FSCA, broader regulatory coverage than most brokers on this site
  • +Leverage up to 1:2000 available under its offshore entities
  • +Over 98% of withdrawal requests are processed automatically, often clearing in minutes
  • +Free VPS hosting once an account meets Exness's eligibility volume
  • +Deloitte-audited trading volume and client withdrawal data published twice a year
Cons
  • -Professional accounts (Pro, Raw Spread, Zero) require a $1,000 first deposit, far higher than the $10 Standard tier
  • -The 1:2000 leverage cap only applies under the offshore Seychelles, BVI, and Curaçao entities, not the FCA- or CySEC-regulated ones
  • -Holds an active FCA licence but does not currently onboard new UK retail clients through it
  • -Standard account spreads run noticeably wider (around 1.1 pips on EUR/USD) than the Raw Spread and Zero tiers
Exness: 3.9/5 in our review, a 0.1 pip typical EUR/USD spread.
Go to Exness
Regulation and safety
FSA Seychelles (License #SD025) (Seychelles)
Verify on regulator register
Standout features
What Exness offers beyond the base pricing and regulation facts above.
  • Leverage up to 1:2000 under its offshore entities
  • Deloitte-audited trading volume and withdrawal data, published twice yearly
  • Free VPS for eligible trading volumes
  • Over 98% of withdrawals processed automatically

Which Exness account actually matches your trading style?

AccountSpread fromCommissionFirst depositBest for
StandardAround 1.1 pipsNone$10Beginners who want simplicity over the tightest possible spread
Standard CentAround 1.1 pips (in cents)None$10Practicing position sizing with real money at negligible risk
ProAround 0.1 pipsNone$1,000Traders who want tighter spreads without tracking a commission line
Raw Spread0.0-0.1 pipsUp to $3.50 per lot per side$1,000High-frequency traders and EAs where near-raw pricing matters most
Zero0.0 pips on 30+ instrumentsInstrument-specific, often $0.20-$0.50 per side on EUR/USD$1,000Traders who want 0.0 pip pricing on the most-traded pairs specifically

The detail most comparison sites miss: it isn't that Exness's minimum deposit is $1,000, it's that the tightest-spread accounts specifically carry that bar, while the beginner-friendly Standard and Standard Cent tiers stay open at $10. Run your typical trade size through our spread calculator to see how Raw Spread or Zero's commission compares against Standard's wider built-in spread for the way you actually trade.

Exness (SC) Ltd: what its Seychelles regulation actually means

Exness's own site lists exactly one regulator: Exness (SC) Ltd, a Securities Dealer registered in Seychelles under company number 8423606-1 and authorised by the Seychelles Financial Services Authority (FSA) under licence number SD025. That's a real, checkable license, verifiable directly on the FSA's public register, but Seychelles regulation sits at Tier-3: there's no segregated investor compensation fund backing client balances if the firm becomes insolvent, unlike FCA, ASIC, or CySEC-regulated brokers. Negative balance protection is offered as a standing account feature, which covers the basics, but the statutory safety net stops there. Traders who specifically want compensation-fund coverage should treat this as a hard limitation, not a technicality.

An unusually high leverage cap and a Deloitte-audited track record

Exness's two standout claims are worth explaining rather than just listing:

  • Leverage up to 1:2000 is available under Exness (SC) Ltd, among the highest caps offered by any broker covered on this site, letting traders control much larger positions relative to their margin (a tool that raises risk exactly as much as it raises capital efficiency).
  • Exness has voluntarily commissioned Deloitte to audit and publish its trading volume and client withdrawal figures twice a year, a level of external verification most brokers don't offer.
  • Free VPS hosting becomes available once an account meets Exness's eligibility volume, letting EA and algorithmic traders run strategies without depending on a home connection.
  • Exness's own Copy Trading app lets Strategy Providers share their trade history and investors mirror it directly from their Personal Area, without needing a separate third-party bridge.

Is Exness's swap-free account actually free of overnight costs?

The Islamic/swap-free option removes standard overnight swap charges on eligible instruments, and traders based in several Muslim-majority countries are enrolled into it automatically at signup. Not every instrument qualifies, though: major forex pairs are typically swap-free, while some exotic pairs and crypto CFDs can still carry a separate overnight charge in place of the standard swap. Traders outside the auto-enrolled countries can still request swap-free status, but Exness applies stricter monitoring to confirm the account is being used for genuine religious reasons rather than to avoid swaps on ordinary speculative trades.

How fast are Exness withdrawals in practice?

Over 98% of Exness withdrawal requests are processed automatically without manual review, which is the main reason e-wallet and crypto withdrawals often complete in minutes rather than the multi-hour ceiling many brokers quote. Card and bank-wire withdrawals move slower because they depend on the receiving bank's own processing time, not Exness's side of the transaction. The one thing worth knowing in advance: fast automated withdrawals require a verified account first, so completing identity verification before you need to withdraw avoids an unnecessary delay on your first request.

Who should look elsewhere

Traders whose main filter is tier-1 regulation (FCA, ASIC, CySEC) with statutory investor compensation coverage should skip Exness regardless of its leverage or withdrawal speed; that protection simply isn't available under Exness (SC) Ltd's Seychelles licence. Traders who want the simplicity of a single account tier, rather than choosing between five, may also find a narrower lineup easier to navigate. And traders who prioritize capped, conservative leverage over the ability to go as high as 1:2000 should treat that headline figure as a feature to opt out of, not a reason to sign up.

Verdict

Exness's real edge is fast, automated withdrawals paired with a Deloitte-audited volume and withdrawal track record, a level of independent verification most offshore brokers don't offer. The catch is that only one regulator actually covers client accounts, Seychelles FSA (Exness (SC) Ltd, licence SD025), a Tier-3 jurisdiction with no statutory investor compensation fund. Worth serious consideration for traders who prioritize withdrawal speed and independent auditing over tier-1 regulatory backing, less straightforward for anyone who specifically needs FCA- or CySEC-level protection.

Verification history
Aug 20, 2026 · FirstBuckFX Research
Regulatory details re-checked directly against Exness's own published disclosures on 2026-08-20: Exness (SC) Ltd, a Securities Dealer registered in Seychelles under company number 8423606-1, authorised by the Seychelles Financial Services Authority under licence SD025.
Aug 5, 2026 · FirstBuckFX Research
Profile compiled 2026-08-05 firsthand from the broker's official website, public regulator registers, and a live trading account FirstBuckFX holds directly with Exness. Anything not confirmed was left as "Not disclosed" rather than assumed.
Frequently asked
Can I open an Exness account with less than $1,000?

Yes. The $1,000 first-deposit requirement only applies to the Pro, Raw Spread, and Zero professional accounts. The Standard and Standard Cent accounts can be opened and funded with as little as $10.

Does Exness really offer unlimited leverage?

No, Exness advertises leverage up to 1:2000 under Exness (SC) Ltd, its Seychelles FSA-regulated entity (licence SD025), not literally unlimited. Higher advertised figures some traders see referenced elsewhere are not available under the entity Exness's own site lists as its regulator.

Does Exness offer investor compensation protection if the company fails?

No. Exness (SC) Ltd operates under the Seychelles Financial Services Authority, a Tier-3 regulator with no statutory investor compensation scheme backing client balances, unlike FCA or CySEC-regulated brokers. Negative balance protection is offered as a standing account feature, but that is a company policy, not a government-backed guarantee.

Is Exness's Deloitte audit independently verifiable?

Exness voluntarily commissions Deloitte to audit its trading volume and client withdrawal figures and publishes the results twice a year, a genuine third-party check most brokers don't undergo. It's worth reading the published reports directly rather than taking the headline claim alone, since the scope of what Deloitte checks is defined by Exness itself.

Does the Exness Zero account really have zero spreads?

The 0.0 pip spread claim applies to roughly 30 of Exness's most-traded instruments for about 95% of the trading day, not to every instrument at every moment. A per-instrument commission is charged in exchange, and spreads can widen outside that window, such as around major news releases or at rollover.

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Exness
Regulated by FSA Seychelles, open from $10.
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