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EXNESS — Forex Broker

EXNESS:

Company: EXNESS Ltd.
On-line since: 2009
Country of origin: Russia
Regulation: Unregulated.
Payment options: WebMoney, Moneybookers, Liberty Reserve, AlertPay, CashU, Pecunix, Perfect Money, C-Gold, MoneyMail, RBK Money, credit cards and wire transfer
Minimum account size: $100
Minimum lot size: 0.01 lots
Leverage: from 1:50 to 1:1000
Spreads: Variable — 1.1 pip on EUR/USD on average
Rating:
5.3/10 with 178 votes

Rate broker — EXNESS:
Categories: MetaTrader Forex brokers
Oil trading brokers
Gold trading brokers
Forex brokers with CFD trading
WebMoney Forex brokers
Liberty Reserve Forex brokers
Moneybookers Forex brokers
Opinions: See EXNESS reviews.

Advantages:

  • MetaTrader platform.
  • Very low variable spreads.
  • Multiple ways of account funding.
  • Trade Forex, CFD, futures, commodities, oil and gold.
  • Metal-currency trading accounts available.

Disadvantages:

  • No important disadvantages.

Click here to open an account with EXNESS


Reviews:

22 reviews of EXNESS are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Hervé from france05/22/2010

Good broker, deposits and withdrawals are very fast but the order is placed a little too much residue on the market ... their support line is excellent.


David from South Africa05/21/2010

WELCOME TO EXNESS REQUOTE HELL !!!!

Exness is the worst trading company I have EVER used !!

DO NOT OPEN AN ACCOUNT WITH THEM.

Be warned you will make a few hundred easy then the crap starts..

Profitable trades will not close without getting requote upon requote.

A losing trade will NOT get closed upon request and keep running into MASSIVE losses by means of REQUOTES.

TRADE EXECUTION is Terrible and YOU WILL NOT GET ANY RESPONSE FROM THE HELPDESK REGARDING TRADES THAT WENT INTO A LOSS DUE TO REQUOTES AND BAD EXECUTION.

EVEN STOP LIMIT AND STOP LOSSES DOES NOT GET HONOURED.

THESE PEOPLE MUST BE STOPPED STEALING MONEY AS THEY SEE FIT !!!


a eko k from Indonesia05/19/2010

EXNESS is BAD Brokerage, the spreads is Fantastic but it often get Higher during fast movement sometimes 5 - 15 pips. Beware if you using this, I use this broker and planning becoming IB but this condition make me think twice.

Also my Stop Loss Often trigger missed 0.5 - 6 pips. This broker actually the BAD broker I have ever used.....

BEWARE


ale from kenya05/12/2010

I started trading with this broker and everything was going perfect, given that i loosing money but since i started making money..all hell broke. One monday 10th..I was trdinng Pound dollar and i was making some really profit..when the spread moved from 3pips to 24pips..I talked to them and some funny guy told me it was due to my internet connection..how...????????I ask

pure scam..I withdraw all that i had..then and then.....!!!!!


Nam Son Le from US05/12/2010

Exness is a cheating broker and make many big spread in trading, not right as they stated on website. We should highly care with them. Evenly when high volatile market, they also cut the transation on server making many loss


Chuks from USA05/01/2010

I have been with a number of brokers and have not seen any as efficient as EXNESSFX to be honst! You can do whatever on your account even if the market is closed. You can change leverage, withdraw, just name it....

It is true that I've had a run in with them over their non-working SMS Code system but everything seems to be working just fine now.

The only thing I can complain about is this: CUSTOMER SERVICE! If not for Michael and one other guy that I know, you would never get any reply to your requests. But overall, this broker still stays on top of others that I have experienced. You get your money faster, which is the most important thing for me!

If anyone finds a better and more honest and effiecient broker than ExnessFx, please contact me!


lol from Russia02/21/2010

http://www.fcsm.ru/document.asp?ob_no=204431

it is not about exness at all, it is Press Releases lol, cheater indeed


Baha from Uzbekistan02/19/2010

Hi guys,

Here is all proof again and again the real things i want to say Exness is not good broker if you don't believe that open real account with more than ****$ you will see in the beginning you will win and again if you have good system and enough knowledge you will succeed temporarily and then THE REAL SCENE will show off: 1 You will notice big changes in spread and wrong numbers for pairs compared with many MM brokerage platforms' price indication on all pairs.

2. SERVER FREEZE times happens as usual:

3. At news release times they will play much tricky games for their profit

3. Hedging is not working properly

4. They hold the prices for moments and wait till it goes for their profit if you are making scalping.

5. To many requetes all the time

6. Good customer support

7. TOO BAD EXECUTION

8. Even withdrawal system is automatic they somewhat play tricky action when you want to make withdrawals(two times i tried but still they are saying wait will change security setup for it....and even you claim for making withdrawal again and again there is no point in getting the positive answer.

To be honest i have 2 real account with them i hoped they will do act truly and honestly but my patience come an end when my first account burnt and now trying to close my second account soon and look for another broker, guys if u r familiar with good one just inform me i will pay for any good advice or we may deal ...


Ibs from UK02/18/2010

Here's a further transcript of a conversation with Exness' 'Live Chat' that went down today for ages as their servers were being set up to defraud their customers.

I tried to close orders in profit, and the system wouldn't let me, then cable dropped to a position where I was 50 pips in deficit then the system came back up.

Tried to get details of their regulators, they referred me to a page in 'Russian' text only, which I'm going to have to ask a colleague tomorrow to translate for me.

If not already with these guys,PLEASE DON'T USE THEM!

You are now chatting with Pk(Customers department (English))

PK: Hello!

Me: Could you tell me what the problems are with your server today please. I tried to close some orders when I returned from work and cable was at 1.5639, and your system just went dead until cable dropped to 1.5598 and my trades were in deficit. Could you explain what's happening with your servers. Also, could you provide me with details of your regulators again please.

PK: i'm very sorry there is some kind of malfunction right now we are working hard to fix it:

Me: Well that's not good enough, as this has been going on for some time now. Could you also tell me who your regulators are please in Russia?

PK: sorry for kept you waiting

http://www.fcsm.ru/document.asp?ob_no=204431 (paragraph 14 here)

PK: SORRY ITS ONLY IN RUSSIAN

Me: Yes thanks, I've received this document already, and I've also read their website which is all in Russian, so I'm looking for a contact e-mail address at the FCSM rather than having to ring them directly. Since you have an 'English Department', have you not got a translation of this in English?


Ibs from UK02/16/2010

These guys are 'sharks' to say the least. Pending Orders don't get filled REGULARLY,'instant' executions often don't execute until the trade is going against you, and they DO NOT respond to complaints, contrary to what others may have experienced.

I've had issues with them for over a week now, and was given their dealer desk and 'manager's e-mail address. Today, when rendering another complaint with Michael (is this a one man band company?),I was told they did send a reply to my last e-mailed complaint - but I had changed my e-mail address (I've had the same e-mail address for over 10 years now...).

If you are newly looking for a Broker, don't go with EXNESS - they are conmen.


baha from uzbekistan02/03/2010

BTW, one click executions take 360 seconds to 10 minutes with real account, be aware of these if u wanna open account ... cuz today i am seeing kinda situations these days...


Baha from Uzbekistan02/03/2010

Hi, guys

Hmmm, thought these guys would be honest but found they are also crooks. why? Just observe them during London session times and you will assume what i am hinting at. If you have real account you will understand it and there are proof what i am saying: WHATCH THESE!!!

2010.02.03 18:30:54 '3994': requote 0.88572 / 0.88589 for open sell 0.01 AUDUSDm at 0.88570 sl: 0.00000 tp: 0.00000

2010.02.03 18:26:45 '3994': requote 1.59521 / 1.59537 for open sell 0.01 GBPUSDm at 1.59566 sl: 0.00000 tp: 0.00000

2010.02.03 18:26:04 TradeContext: ping error

2010.02.03 18:26:02 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:26:02 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:26:02 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:26:02 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:25:59 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:26:01 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 18:25:57 '3994': order sell 0.01 AUDUSDm opening at 0.88692 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 17:56:39 '3994': connect failed [Íåò ñâÿçè]

2010.02.03 17:08:31 '3994': order sell 0.01 GBPUSDm opening at 1.59729 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 17:08:27 '3994': order sell 0.01 GBPUSDm opening at 1.59736 sl: 0.00000 tp: 0.00000 failed [Trade context is busy]

2010.02.03 17:07:21 TradeContext: ping error

You may say that u have bad internet connection, right? But you mistake if you think so...cuz i have 6 trading platforms, 4 of them demo and the rest are real, and as for the exness, it acts very very bad in news release times others are good enough. So, relating to execution it is 40% which is too bad, and if are wining trade they secretly subtract your money from whole profit you won't notice it if you are not careful, and if u don't believe those, you are welcome to open account and burn you money....Last but not least, FOREX is not casino, in fact is heart of worldwide economies,, BUT as for the brokers they let us be in the game which is not fair by themselves, therefore most of traders like us think that forex is hogwash, but i say depends on mostly brokers.......... EXNESS is not doing its fair and acts as a selfish ... and you guys investigate carefully whenever open and close orders you made, i mean the amount of money, count them, u will see the truth by your own...


Bola from UK01/29/2010

Yeah, theyre customr support is gr8, thatwhen I have problems with theyre system; the ONLYcustomer help man 'michal', says to me to just reinstall metatrader - even in the middle of an open trade.

Keep it up - left Exnesss already.


Bahtiyor from Uzbekistan01/26/2010

Hi guys

It me again who gave review on FXopen in this site, I thought everything carefully and now have opened account with EXNESS. I wished to open ECN account but telling you guys truth it will be very hard to find pure ECN. So, it's also good if there is brokerage companies even type like Market Maker which works for fro advantages. The most respectful part of this broker is customer service team, if more precisely saying his name is Michael, this guy is very helpful for clients like us. Meanwhile, the withdrawal system is automatic which is good. Sometimes Quotes or busy lines occur as it happens with many other brokers, and as for the execution's quality it is 70% depending on market times.

Anyway, I wish I will stay LONG with this Russian broker. Recommend others it's in fact worth if you don't make mistakes by yourself...


Svami from India01/22/2010

I just like to give my thanks to your services. I have been trading using Exness for over a 6 monthes now and have been extremely impressed by the speed and efficiency of services.

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