Score
Exness Trade
Vanuatu|1-2 years| https://ex-nesstrade.live/fxtrade/index-2.html
Website
Rating Index
Contact
Licenses
Licensed Institution：ADROMKT LIMITED
License No.：700546
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Vanuatu
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Exness Trade also viewed..
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- MT4 Full License
Website
ex-nesstrade.live
Server Location
Lithuania
Website Domain Name
ex-nesstrade.live
Server IP
45.125.66.120
Company Summary
| Exness Trade Review Summary | |
| Founded | 2023-09-27 |
| Registered Country/Region | Vanuatu |
| Regulation | Suspicious Clone |
| Market Instruments | Forex/Indices/Shares/Crypto/Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | As low as 0.3 pips |
| Trading Platform | Allpips(iOS/Linux/Laptop/PC/Android/Web)/MT4(iOS/Laptop/PC/Android) |
| Min Deposit | 300 USD/EUR |
| Customer Support | Email: info@ex-nesstrade.com |
| Live Chat | |
Exness Trade Information
Exness Trade Trade is a unregulated broker registered in Vanuatu. The broker offers various tradable instruments with a maximum leverage of 1:500 including FX pairs, indices, metals, crypto, and shares. The broker also provides demo accounts and 7 live account types. The minimum spread is as low as 0.3 pips and the minimum deposit is 300 USD/EUR. Exness is still risky due to its Suspicious Clone status.
Pros and Cons
| Pros | Cons |
| MT4 available | Suspicious Clone |
| Leverage up to 1:500 | Unspecific account and withdrawal information |
| Spread as low as 0.3 pips | No 24/7 customer support |
| Demo account available |
Is Exness Trade Legit?
The Suspicious Clone status of Exness is risky, even though it is regulated by the Vanuatu Financial Services Commission(VFSC). However, The Suspicious Clone status is less safe than a regulated one.
What Can I Trade on Exness Trade?
Exness Trade offers a wide range of market instruments, including FX pairs, indices, metals, crypto, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Crypto | ✔ |
| Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Exness Trade has 7 live account types with different first deposits and typical spreads. However, due to the official website being inaccessible, there only list 4 types: Flat, Crypto, Cent, and Standard. Traders who want a low spread and low first deposit can choose a flat account, while those with a sufficient budget can open a standard account. In addition, the demo account are predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Flat | Crypto | Cent | Standard |
| First Deposit | 300 USD/EUR | 400 USD | 500 USD/EUR | 1000 USD/EUR |
| Typical Spreads | 0.04 | 0.04 | 2.0 | 1.2 |
| Min. Volume Lots | 0.01 | 0.01 | 0.01 | 0.01 |
| Max. Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
Exness Fees
The typical spreads are from 0.04 pips but the broker also claims the spread as low as 0.3 pips. While the lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Exness Trade cooperates with the authoritative MT4 trading platform available in iOS, Linux, Laptop, PC, Android, and Web. The broker also supports trading through AllpipsiOS, Laptop, PC, and Android versions.
| Trading Platform | Supported | Available Devices |
| Allpips | ✔ | iOS/Linux/Laptop/PC/Android/Web |
| MT4 | ✔ | iOS/Laptop/PC/Android |
Deposit and Withdrawal
The minimum deposit is 300 USD/EUR. Exness accepts VISA, MasterCard, tether, bitcoin, and Ethereum for deposit and withdrawal
Copy Trading
Exness Trade also offers copy trading in over 200+ countries.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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