Welcome to the bulliscoming Exness review, there have been so many forex Brokers launched in the market — which make it very hard to know the best and legit Forex broker to use.
However, there were standard Brokers that most forex traders have been using over the past few years. Traders would want to know the best Brokers with amazing features to use, but then, it’s essential to confirm the credibility of the Broker.
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Many Forex traders have been eager to read the honest Exness review to know if the broker is legit or not.
This is what I will be covering in this article, I will be reviewing the Exness broker from different aspects and with different sources. Before then, let’s have a brief understanding of what Exness broker is all about.
What Is Exness Broker?
Excess broker is a forex brokerage firm that allows its users to trade the global market, it has different products, and they are listed below:
Exness (SC) Ltd is a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorized by the Financial Services Authority (FSA) with license number SD025. The registered office of Exness (SC) Ltd is at 9A CT House, 2nd floor, Providence, Mahe, Seychelles.
Exness B.V. is a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorized by the Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.
Exness (VG) Ltd is authorized by the Financial Services Commission (FSC) in BVI with registration number 2032226 and investment business license number SIBA/L/20/1133. The registered office of Exness (VG) Ltd is at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI.
Exness ZA (PTY) Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with registration number 2020/234138/07 and FSP number 51024.
According to the platform, here’s what you get when you trade with Exness:
- Benefit from the best trading conditions
With leverage from 1:2 to 1:Unlimited, fast order execution, super-tight spreads, and much more start benefiting from some of the best trading conditions in the industry.
- Trade your favorite instruments
At Exness, you can trade more than 130 currency pairs and the most popular cryptocurrencies too.
- Test your strategies on a reloadable demo account
Exness offers reloadable MetaTrader demo accounts that never expire, which means that you can test your strategies anytime you want and improve your skills in a completely risk-free environment.
- Use the most popular trading platforms
Can’t decide between MetaTrader 4 and MetaTrader 5? Now, you can have both! Open your MT4 and MT5 accounts to start trading forex and cryptocurrency CFDs on the world’s favorite Desktop, Mobile, and WebTrader trading platforms.
- Get your questions answered 24/7
Contact Exness’ knowledgeable Customer Support Team to get your questions answered around the clock. Get in touch via Live Chat, email, or phone … the choice is yours.
- Withdraw your funds instantly
At Exness, withdrawing your money is automated and instant. Plus, you have a fantastic choice of withdrawal methods to choose from.
- Commission-free deposits and withdrawals
That’s right. You won’t pay any commission on your deposits and withdrawals at Exness.
- Low minimum deposit
Exness has made its trading services super accessible with a low minimum deposit of just $1.
Exness Broker Review
I will be evaluating the Exness review based on reviews by users across different online platforms. Let’s check out:
Exness Review Trustpilot
The reviews about Exness on Trustpilot are 70% negative.
Some users are pleased with their service while some users are complaining about the quality service and withdrawal issues.
Exness Review Quora
Excess review on Quora is quite not pleased – one of the reviews by a user is below;
“I have been trying to trade with exness because I was testing their demo accounts before and the conditions are good for me.
The spread is ok and the leverage is suitable or so I thought. I’m an administrator of a Brazillian forex group on Facebook. I’ve helped sign up over 19 customers for Exness and everyone I’ve checked is having a horrible experience with the FiboEa I posted on the Facebook group. Some individuals complained.
You could make income in starting but they watch your account, you can’t transfer and withdraw the amount in your exness account
0 stars for their customer service and transparency.
Persistent server issues that led to a loss of equity of account.
Exness tries to cover up and deny these common issues among the users of their platform in an attempt to avoid responsibility and liability. Privycript was the one fix the group found to resolve the issues mentioned above.
When traders make money, shadow brokers like Exness have several ways to steal their money. Some brokers trade orders with their customers and charge unreasonable spreads and commissions. On the other hand, others like exness make it impossible for traders to withdraw money using different tools to oppress. Still, others boldly steal the customer’s money and then close the store or rename it to a new name. Investors should pay close attention to how long a broker company has been operating.”
Related: XOXO BUSD Review 2022 – How Does XOXO BUSD Work
Exness Withdrawal Review
Exness claimed that all withdrawal requests are processed instantly. Your withdrawal request is then sent to our card processors and your bank, and the whole process can take from 7 to 10 business days for the funds to be reflected in your bank account.
But then, looking into different reviews by users across different platforms, their claim is false.
Some users complain of having issues with their first withdrawal.
Read: Meta Force Smart Contract Honest Review – Everything You Need to Know
Final Thought
Excess broker have been in existence over the past few years but we can’t ignore the user’s experience on the platform.
Hence, it may not be safe to use the broker.
