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/10

Exness Trade

Vanuatu Vanuatu | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://ex-nesstrade.live/fxtrade/index-2.html

Website

Rating Index

Contact

https://ex-nesstrade.live/fxtrade/index-2.html
Building, BP 1276, Port Vila, Vanuatu

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Vanuatu
Operating Period
2-5 years
Company Name
Exness Trade MKTLimited
Email
info@ex-nesstrade.com
Address
Building, BP 1276, Port Vila, Vanuatu
Verified Site
About Us
Wiki Q&A
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Official Website

Verified Site

  • ex-nesstrade.live
    45.125.66.120
    Server Location
    Lithuania Lithuania
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Exness TradeReview Summary
Founded2023-09-27
Registered Country/RegionVanuatu
RegulationSuspicious Clone
Market InstrumentsFX pairs/Indices/Metals/Shares/Crypto
Demo Account
LeverageUp to 1:500
SpreadAs low as 0.3 pips
Trading PlatformAllpips/MT4(IOS/Laptop/PC/Linux/Android)
Min Deposit$300
Customer SupportEmail: info@ex-nesstrade.com
Live chat

Exness Trade Information

Exness Trade is a broker. The tradable instruments include FX pairs, indices, metals, shares, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $300. Exness Trade is still risky due to its suspicious clone status.

Exness Trade Information

Pros and Cons

Pros Cons
Leverage up to 1:500Suspicious Clone
24/7 customer supportInaccessible official website
MT4 availableUnclear swap fee
Spread as low as 0.3 pipsUnspecific transfer time and fee information
Demo account available
Various tradable instruments

Is Exness Trade Legit?

Exness Trade is regulated by VFSC with license number 700546, but the current status is 'suspicious clone'.

Is Exness Trade Legit?
Is Exness Trade Legit?

What Can I Trade on Exness Trade?

Exness Trade offers a wide range of market instruments, including FX pairs, indices, metals, shares, and crypto.

Tradable Instruments Supported
FX pairs
Metals
Indices
Shares
Crypto
Stocks
Commodities
ETFs
Bonds
Mutual Funds
What Can I Trade on Exness Trade?

Account Type

Exness Trade has four account types: flat, crypto, cent, and standard. Traders who want low spreads can choose flat and crypto accounts, while those with a sufficient budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

Account Type FlatCryptoCentStandard
First Deposit300 USD/EUR400 USD500 USD/EUR1000 USD/EUR
Typical Spreads0.040.042.01.2
Min. Volume lots0.010.010.010.01
Max. Leverage1:5001:5001:5001:500

Exness Trade Fees

The spread is as low as 0.3 pips and 0% commission. 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, Laptop, PC, and Android to trade. Besides, it offers a propriety Allpips trading platform available in IOS, Laptop, PC, and Android Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
AllpipsIOS/Laptop/PC/Linux/Android-
MT4IOS/Laptop/PC/AndroidExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

The minimum deposit is $300. Exness Trade accepts Visa, Mastercard, Tether, Bitcoin, and Ethereum for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of Exness Trade?

Exness Trade operates without any verified financial licenses from mainstream regulatory authorities, registering its primary entity, Exness Trade MKTLimited, in the offshore jurisdiction of Vanuatu. The firm holds an unverified license from the Vanuatu Financial Services Commission (VFSC), which does not provide the level of investor protection, capital adequacy requirements, or dispute resolution common to major regulators like the FCA or ASIC. According to WikiFX assessment, this structure presents a high-risk profile for traders, reflected in its overall score of 1.36. Investors should be aware of the significant risks associated with placing funds under such an unregulated framework.

04-02
United States

Is Exness Trade suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Exness Trade or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Exness Trade?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

¿Es posible recuperar fondos tras un fraude de inversión?

La recuperación de fondos tras un fraude de inversión puede resultar difícil, pero tomar medidas oportunas puede ayudar a recuperar parte de las pérdidas. Se recomienda conservar registros de transacciones y comunicaciones relevantes, contactar con el banco para intentar detener o congelar los pagos y presentar una denuncia ante las autoridades competentes. Además, los inversores pueden utilizar los canales de reclamación pública de WikiFX para aumentar la visibilidad del problema.

In a week

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

In a week

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

In a week

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

In a week
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