Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here
Exness Review Main Banner

Exness Review

Exness can be summarised as a trustworthy and regulated CMA broker that offers 0% deposit and withdrawal fees, low spreads, and a sign-up bonus of $10 USD / 1 148 KES  offered to first-time traders. It has a trust score of 98% out of 100.

Updated : August 30, 2022

Jump to:

Regulation and Safety of Funds

Account Types and Features

Account Registration

Range of Markets

Fees

Deposits and Withdrawals

Education and Research

Affiliate Program

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Exness Overview

Exness Review Education And Research

👉 Overall, Exness is a low-risk CFD and Forex broker with multiple regulations and authorization. Exness not only offers dynamic and flexible account types but offers some of the best trading conditions in the industry.

 

👉 Exness, founded in 2008, quickly rose to a monthly trading volume of over $180 billion and 15,000 new accounts registered each month by 2014. Exness traders now have access to over 200 financial products, several retail account types, and many resources.

 

👉 Exness is one of the most popular brokers even though it is not yet regulated by the Capital Markets Authority (CMA) in Kenya.

 

👉 The Exness Group’s website has been translated into 18 languages, and customer service is provided 24 hours a day, seven days a week in 13 different languages.

 

👉 Additionally, users have access to leverage, which may significantly reduce margin needs and allow for more flexible management of trading methods. Another benefit of Exness is that traders can withdraw cash instantly using a variety of electronic payment channels, giving traders complete control over their funds.

 

👉 This Exness review will provide Kenyan traders with the comprehensive details that they need to consider whether the broker is suited towards their unique trading objectives and needs.

 

Distribution of Traders

Exness Review Distribution of Traders

👉 The distribution of traders with Exness is as follows:

➡️️​ Thailand – 44%

➡️️​ Vietnam – 26.5%

➡️️​ South Africa – 9.2%

➡️️​ India – 6.7%

➡️️​ Saudi Arabia – 2.4%

 

Popularity among traders who choose Exness

🥇  While Exness does not visibly have a large market share in Kenya, many Kenyan traders make use of this innovative, reputable Forex and CFD broker, placing it firmly in the Top 10 brokers for Kenyan traders.

Exness At a Glance

🏛 HeadquarteredCyprus, with offices in the United Kingdom, Seychelles, South Africa, the British Virgin Islands, and Curaçao
🏙 Kenyan Based OfficeNo
✅ Accepts Kenyan Traders?Yes
🗓 Year Founded2008
📞 Kenyan Office Contact NumberNone
🤳 Social Media Platforms• Facebook
• Twitter
• Instagram
• LinkedIn
• YouTube
⚖️ RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
🪪 License Number• Seychelles – SD025
• Curaçao – 0003LSI
• British Virgin Islands – SIBA/L/20/1133
• Mauritius – GB20025294
• Africa – FSP 51024
• Cyprus – 178/12
• United Kingdom – 730729
⚖️ CMA RegulationNone
🚫 Regional RestrictionsThe United States
☪️ Islamic AccountYes
💻 Demo AccountYes
🛍 Retail Investor Accounts5
📊 PAMM AccountsNo
🤝 Liquidity ProvidersADS Securities, FXCM PRO, and others
💸 Affiliate ProgramYes
📲 Order ExecutionMarket
📊 Average spread0.0 pips EUR/USD
📞 Margin Call60%
🛑 Stop-Out0%
Crypto trading offered?Yes
💰 Offers a Kenyan shilling Account?Yes
👨‍💻 Dedicated Kenyan Account Manager?No
📊 Maximum LeverageUnlimited
🚫 Leverage Restrictions for Kenya?No
💰 Minimum Deposit (KES)1,100 KES (or equivalent to $10)
✅ Kenyan shilling Deposits Allowed?Yes
📊 Active Kenyan Trader Stats70,000+
👥 Active Kenyan-based Exness customersUnknown
💳 Kenya Daily Forex Turnover$100 million+
💵 Deposit and Withdrawal Options• Bitcoin
• Debit Card
• Credit Card
• Internet Banking
• Skrill
• Neteller
• Perfect Money
• Tether (USDT OMNI)
• WebMoney
• Mybux
• Ozow
🏦 Segregated Accounts with Kenyan Banks?Yes
📊 Trading Platforms• MetaTrader 4
• MetaTrader 5
• Exness Terminal
• Exness Trader app
✔️ Tradable Assets• Forex
• Metals
• Crypto
• Energies
• Indices
• Stocks
💸 Offers USD/KES currency pair?No
📈 USD/KES Average SpreadN/A
📉 Offers Kenyan Stocks and CFDsNo
🗣 Languages supported on WebsiteEnglish, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi
📞 Customer Support LanguagesMultilingual
⏰ Customer Service Hours24/7
👥 Kenyan-based customer support?No
✅ Bonuses and Promotions for KenyansNo
📚 Education for Kenyan beginnersNo
📱 Proprietary trading softwareYes
💰 Most Successful Kenyan TraderPatrick Mahinge (Net Worth – Private)
✅ Is Exness a safe broker for Kenyans?Yes
📊 Rating for Exness Kenya8/10
🤝 Trust score for Exness Kenya97%
👉 Open an account👉 Open Account

Regulation and Safety of Funds

Exness Review Regulation And Safety

👉 Exness is a multi-regulated broker and company with global offices. Exness is well-regulated and supervised by the following authorities:

➡️ The Financial Services Authority (FSA) in Seychelles under license number SD025 through its operating company, Nymstar Limited, a reputable Securities Dealer.

➡️ The Central Bank of Curaçao and Sint Maarten (CBCS) in Curaçao via Exness B.V, a Securities Intermediary. This organization is licensed under the number 0003LSI and provides services to persons and territories that are not members of the European Economic Area (EEA).

➡️ Exness VG Limited is regulated and supervised by the British Virgin Islands Financial Services Commission (FSC) under registration number 2032226 and license number SIBA/L/20/1133.

➡️ Tortelo Limited is regulated and supervised by Mauritius’ Financial Services Commission (FSC). It is registered under the number 176967 and operates under the license number GB20025294 as an Investment Dealer or Full-Service Dealer excluding underwriting.

➡️ Vlerizo (Pty) Limited is licensed as a respectable and genuine Financial Services Provider (FSP) in South Africa by the Financial Sector Conduct Authority (FSCA) under license number 51024.

➡️ Exness (Cy) Ltd is a company licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 178/12.

➡️ Exness (UK) Limited is a regulated, registered, and approved Investment Firm with the Financial Conduct Authority (FCA) under Financial Services Register number 730729.

 

👉 All customer monies are held in segregated accounts with the best-known institutions in the locations where Exness provides its services. The Financial Commission includes Exness as well. With a concentration on currency trading, the Financial Commission deals with disputes in the financial services business.

 

👉 Clients of the Financial Commission’s members like Exness are covered by a compensation fund, which may be thought of as insurance. The Financial Commission offers up to €20,000 in insurance coverage for each customer.

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Account Types and Features

Exness Review Account Types

👉 Both Standard Accounts and Professional Accounts are offered by Exness. Traders with varying degrees of trading expertise and distinct trading styles will find a variety of account choices in these two categories.

 

👉 Exness offers a variety of live trading accounts, including:

➡️ Standard Account

➡️ Standard Cent Account

➡️ Raw Spread Account

➡️ Zero Account

➡️ Pro Account

 

Live Trading Accounts

Standard Account

Exness Review Standard Account

👉 Standard Accounts are suitable for all traders, regardless of their level of experience, talent, or trading style. They are the most common form of account offered by most forex and CFD brokers.

 

👉 This account has the following characteristics.

 

Account FeatureValue
💰 Minimum Deposit Requirement1,100 KES
📊 SpreadsVariable, from 0.3 pips
💵 Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, KES, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💸 Commission ChargesNone
📈 Maximum Leverage offeredUnlimited leverage
✔️ Instruments AvailableForex major pairs, minor currency pairs, exotic pairs, energies, cryptocurrencies, stocks, indices
📉 Minimum lot size0.01 lot
📈 Maximum Lot Size• 200 lots from 7 am to 8h59 pm (GMT +0)
• 20 lots from 9 pm to 6h59 am (GMT +0)
📊 Maximum positionsUnlimited
% Hedged Margin (%)0
📞 Margin Call (%)60
🛑 Stop-out Level (%)0
📱 Order ExecutionMarket Execution
☪️ Islamic AccountYes

 

Standard Cent Account

Exness Review Standard Cent Account

👉 This account is ideal for novice traders who want to get a taste of the market but are not ready to put their money at risk. Also suitable for skilled traders who want to test their trading techniques in actual market circumstances without the danger of loss, this account is the best option.

 

Account FeatureValue
💰 Minimum Deposit Requirement1,100 KES
📊 SpreadsVariable, from 0.3 pips
💵 Account Base CurrencyUSC, EUC, GBC, CHC, AUC, CAC
💸 Commission ChargesNone
📈 Maximum Leverage offeredUnlimited leverage
✔️ Instruments AvailableForex, Metals
📉 Minimum lot size0.01 lot
📈 Maximum Lot Size• 200 lots from 7 am to 8h59 pm (GMT +0)
• 20 lots from 9 pm to 6h59 am (GMT +0)
📊 Maximum positions1000
% Hedged Margin (%)0
📞 Margin Call (%)60
🛑 Stop-out Level (%)0
📱 Order ExecutionMarket Execution
☪️ Islamic AccountYes

 

Raw Spread Account

Exness Review Raw Spread Account

👉 Scalpers, day traders, and algorithmic traders can benefit from this account type, which offers competitive and low spreads.

 

Account FeatureValue
💰 Minimum Deposit Requirement57,000 KES
📊 SpreadsVariable, from 0.0 pips
💵 Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💸 Commission ChargesUp to $3.5 per side, per lot
📈 Maximum Leverage offeredUnlimited leverage
✔️ Instruments AvailableForex, metals, cryptocurrencies, energies, stocks, indices
📉 Minimum lot size0.01 lot
📈 Maximum Lot Size• 200 lots from 7 am to 8h59 pm (GMT +0)
• 20 lots from 9 pm to 6h59 am (GMT +0)
📊 Maximum positionsUnlimited
% Hedged Margin (%)0
📞 Margin Call (%)30
🛑 Stop-out Level (%)0
📱 Order ExecutionMarket Execution
☪️ Islamic AccountYes

 

Zero Account

Exness Review Zero Account

 

👉 Market execution is guaranteed with no requotes and the narrowest spreads and lowest commissions are provided by the Zero Account.

 

Account FeatureValue
💰 Minimum Deposit Requirement57,000 KES
📊 SpreadsVariable, from 0.0 pips
💵 Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💸 Commission ChargesFrom $0.1 per side, per lot
📈 Maximum Leverage offeredUnlimited leverage
✔️ Instruments AvailableForex, metals, cryptocurrencies, energies, stocks, indices
📉 Minimum lot size0.01 lot
📈 Maximum Lot Size• 200 lots from 7 am to 8h59 pm (GMT +0)
• 20 lots from 9 pm to 6h59 am (GMT +0)
📊 Maximum positionsUnlimited
% Hedged Margin (%)0
📞 Margin Call (%)30
🛑 Stop-out Level (%)0
📱 Order ExecutionMarket Execution
☪️ Islamic AccountYes

 

Pro Account

Exness Review Pro Account

 

👉 The Professional Account is reserved for traders with the most advanced knowledge of financial markets.

 

Account FeatureValue
💰 Minimum Deposit Requirement57,000 KES
📊 SpreadsVariable, from 0.0 pips
💵 Account Base CurrencyAED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
💸 Commission ChargesNone
📈 Maximum Leverage offeredUnlimited leverage
✔️ Instruments AvailableForex, metals, cryptocurrencies, energies, stocks, indices
📉 Minimum lot size0.01 lot
📈 Maximum Lot Size• 200 lots from 7 am to 8h59 pm (GMT +0)
• 20 lots from 9 pm to 6h59 am (GMT +0)
📊 Maximum positionsUnlimited
% Hedged Margin (%)0
📞 Margin Call (%)30
🛑 Stop-out Level (%)0
📱 Order ExecutionInstant Execution on Forex currency pairs, metals, energies, stocks, and indices and market execution on cryptocurrencies
☪️ Islamic AccountYes

 

Demo Account

Exness Review Demo Account

 

👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

 

👉 There is a certain degree of risk involved when trading financial markets and Exness offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

 

Islamic Account

Exness Review Islamic Account

 

👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.

 

👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.

 

👉 Traders of all levels of expertise regardless of their trading goals may engage in several financial markets without risking exposure to various forms of interest thanks to Exness’ Islamic Account option. During account registration, Muslim traders who reside in Islamic countries will automatically be given the Swap-Free account.

Account Registration

Exness Review Account Registration

👉 Traders can open an Exness account by completing the online registration and validating their personal information. To maintain a secure trading environment for all traders, Exness has implemented a Know Your Client (KYC) procedure in which traders must present evidence of their identity and proof of domicile.

 

👉 Once traders have completed this process, they can fund the trading account with the minimum deposit requirement before they can begin trading.

Exness Vs HotForex Vs XM – Broker Comparison

ExnessHotForexXM
⚖️ RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCAFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA, with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regionsFSCA, IFSC, ASIC/AFSL, CySEC, DFSA
📱 Trading Platform• MetaTrader 4
• MetaTrader 5
• Exness Terminal
• Exness Trader app
• MetaTrader 4
• MetaTrader 5
• MetaTrader 4
• MetaTrader 5
💰 Withdrawal FeeNoNoNone
📊 Demo AccountYesYesYes
📈 Minimum Deposit4,100 KES



500 KES500 KES
📈 LeverageUnlimited1:10001:888
📊 SpreadVariable, from 0.0 pips0.0 pips0.0 pips
💰 CommissionsFrom $0.1 per side, per lot$3 to $4$1 to $9

✴️ Margin Call/Stop-Out60%/0%• 40%/10%
• 50%/20%
• 50%/20%
• 100%/50% (EU)

✴️ Order ExecutionMarket

MarketMarket, Instant
💳 No-Deposit BonusNoNoNo
📊 Cent AccountsYesNoNo
📈 Account Types• Standard Account
• Standard Cent Account
• Raw Spread Account
• Zero Account
• Pro Account
• Micro Account
• Premium Account
• HFcopy Account
• Zero Spread Account
• Auto Account
• Micro Account
• Standard Account
XM Ultra-Low Account
• Shares Account
⚖️ CMA RegulationNoYesNo
💳 KES DepositsYesYesYes
📊 Kenyan shilling AccountYesYesNo
👥 Customer Service Hours24/724/524/5
📊 Retail Investor Accounts554
☪️ Islamic AccountYesYesYes

Trading Platforms

Exness Review Trading Platforms

👉 Exness offers Kenyan traders a choice between these trading platforms:

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ Exness Terminal

➡️ Exness Trader app

 

Desktop Platforms

Exness Review Desktop Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

 

👉 Exness lets Kenyan traders trade in a way that suits their unique trading style on MetaTrader 4. Instant Execution and Market Execution are two execution options available when trading CFDs. Regardless of the intricacy of the trading strategy, Kenyans can trade their preferred financial products seamlessly through the desktop terminal of MetaTrader 4.

 

👉 MetaTrader 5 has a specific MetaEditor tool for developing trading robots and technical indicators. Due to the tool’s integration with the platform, new programs will appear automatically in MetaTrader 5 and can be run immediately. Some of the features of the Exness MetaTrader 5 desktop platform include:

➡️ Access to a range of tradable instruments

➡️ Spreads from as low as 0.0 pips

➡️ 21 timeframes along with 3 chart types

➡️ Different order types

➡️ A comprehensive hedging system

➡️ 38 built-in indicators, and more.

 

WebTrader Platforms

Exness Review WebTrader Platforms

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ Exness Terminal

 

👉 Kenyan traders of all skill levels can invest in the financial markets thanks to the terminal’s numerous tools, which include flexible trading systems, algorithmic trading, and mobile trading. As a component of Exness’ MetaTrader 4 WebTrader, these essential features assist Kenyans to identify entry and exit locations, as well as recognising market trends.

 

👉 MetaTrader 5 WebTrader offers an array of trading tools, including fundamental and technical research, trading signals, and algorithmic trades, which are available on the platform. Kenyan Investors can stay on top of the markets by listening to live broadcasts of financial news updates.

 

👉 Expert Advisors be used to automate trading on the Exness MT5 platform by analysing market quotations and executing trades on the financial markets.

 

👉 With an easy-to-use interface and the latest charting technologies, the Exness Terminal provides traders with an all-around trading experience. The terminal has more than 50 drawing tools and more than 100 indicators for active traders.

 

👉 TradingView provides the charts on the proprietary Exness Terminal, which was developed by Exness’ inventive programmers and designers. In addition, the Exness Terminal is an HTML 5 online software that is dependable, quick, and user-friendly.

 

Trading App

Exness Review Trading App

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ Exness Trader app

 

👉 The Exness MetaTrader 4 and 5 trading terminals are not limited to desktop computers running Windows, macOS, or Linux. Traders with hectic schedules can trade while they are on the move thanks to the mobile trading feature on iOS and Android smartphones and tablets.

 

👉 With access to most of MetaTrader 4 and MetaTrader 5’s vital components, such as trading orders, interactive charts, and popular analytical tools, Kenyan traders can monitor their trading account and conduct mobile trading with a single click. Additionally, these iOS and Android mobile apps allow traders to get push alerts and communicate with other traders.

 

👉 With Exness Trader, Kenyans can trade with confidence from any location. Traders can take advantage of quick deposits and withdrawals, as well as on-demand customer service when choosing from more than 200 instruments.

 

👉 Kenyans will find that it is easy to get started with the Exness Trader platform since it includes all the necessities, such as candlesticks, indicators, and tools for computation. The Exness trading app is the ideal place to find CFDs on everything from FX to gold to oil to indices.

 

👉 In addition, another benefit is that traders can effortlessly switch between different charts and keep an eye on all trading transactions.

 

Range of Markets

Exness Review Trading App

👉 The range of markets that Exness offers include the following:

➡️ Forex

➡️ Metals

➡️ Crypto

➡️ Energies

➡️ Indices

➡️ Stocks

Broker Comparison for Range of Markets

ExnessHotForexXM
➡️️​ ForexYesYesYes
➡️️​ Precious MetalsYesYesYes
➡️️​ ETFsNoNoNo
➡️️​ CFDsYesYesYes
➡️️​ IndicesYesYesYes
➡️️​ StocksYesYesYes
➡️️​ CryptocurrencyNoYesNo
➡️️​ OptionsNoNoNo
➡️️​ EnergiesYesYesYes
➡️️​ BondsNoYesYes

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Trading and Non-Trading Fees

Spreads

Exness Review Trading Fees

👉 The spreads charged will vary according to the kind of account selected by traders, since each account caters to a particular sort of trader. Traders can anticipate the following typical spreads:

➡️ Standard Account – from 0.3 pips EUR/USD

➡️ Standard Cent Account – from 0.3 pips EUR/USD

➡️ Raw Spread Account – from 0.0 pips EUR/USD

➡️ Zero Account – from 0.0 pips EUR/USD

➡️ Pro Account – 0.1 pips EUR/USD

 

Commissions

Exness Review Commissions

👉 On some accounts, commissions are imposed at a set amount to guarantee that the broker is compensated for facilitating the transaction. The following commissions are charged:

➡️ Raw Spread Account – Up to $3.50 per side, per lot

➡️ Zero Account – From $0.1 per side, per lot

 

Overnight Fees, Rollovers, or Swaps

Exness Review Overnight Fees

👉 The fees that traders can anticipate while holding positions overnight will vary according to numerous factors, including the interbank rate, the size of the position, the duration of the position, the instrument being held, and whether the trader is long or short.

 

👉 Overnight costs on EUR/USD, for example, are typically -0.353 pips long (buy) and 0.096 pips short (sell).

Deposits and Withdrawals

Exness Review Deposits And Withdrawals

👉 Exness offers the following deposit and withdrawal methods:

➡️ Bitcoin

➡️ Debit Card

➡️ Credit Card

➡️ Internet Banking

➡️ Skrill

➡️ Neteller

➡️ Perfect Money

➡️ Tether (USDT OMNI)

➡️ WebMoney

➡️ Mybux

➡️ Ozow

 

How to Deposit Funds with Exness

👉 Adding money to an Exness trading account is extremely easy. For a smooth deposit, follow these steps:

➡️ Firstly, Kenyans must ensure that their Proof of Identity and Proof of Residence papers are evaluated and approved by the site. Deposit limitations are enforced if the account has not been confirmed.

➡️ To start trading, a certain minimum deposit is required, depending on the kind of account that Kenyan traders have. For Standard accounts, this deposit is determined by the payment method being used, while Professional accounts have a deposit requirement of 57,000 KES as their first investment requirement.

➡️ The minimum deposit amount for a particular payment method should be checked before utilizing it.

➡️ An Exness account holder’s name must appear on all the payment service account statements.

➡️ Kenyan traders must remember that they must withdraw in the same currency in which they deposited funds. Currency exchange rates at the time of transaction apply, even if the deposit currency is different from the account currency.

➡️ As a last precaution, Kenyan traders are urged to double-check that they have entered the account number correctly, as well as any other personal information that could be requested.

 

How to Deposit Funds Into Your Account

👉 Step 1 – Go To The Official Exness Website

➡️ Go to www.exness.com and log into your account by click on “Sign In”.

Exness Review How to Deposit Funds Into Your Account Step 1

 

👉 Step 2 – Click on “Deposit”

➡️ Once logged in, click on “Deposit” in the left corner of your screen. 

Exness Review How to Deposit Funds Into Your Account Step 2

 

👉 Step 3 – Deposit Your Funds

➡️ You can now deposit funds into your account. 

Exness Review How to Deposit Funds Into Your Account Step 3

 

How to Withdraw Funds with Exness

👉 When Kenyan traders open an Exness account, they are given the option to choose a payment method according to a specific region. Logging into the Personal Area will provide Kenyan traders access to a list of payment methods that are accessible to them, including local Kenyan options.

 

👉 In terms of fund withdrawals, traders must consider information such as processing time and commission charges, which will be shown by the PA for the traders’ perusal.

 

👉 Traders with an Exness trading account may do the following actions to make a withdrawal:

➡️ On the Exness website, the user must first log in to their Personal Area.

➡️ Click on the “Withdrawal” tab on the dashboard

➡️ Select a preferred payment method

➡️ Fill in the required information, such as the bank account number, payment method information, and the amount to be withdrawn

➡️ Confirm the transaction by providing the verification code sent either via SMS or email.

➡️ Click “Submit.”

 

👉 Kenyan traders can withdraw funds at any hour of the day or night since they have access to their funds at any given time. In addition, there are a few basic principles that Kenyans must consider before they withdraw funds from their Exness trading account:

➡️ The account’s free margin, which is shown in the trader’s Personal Area, determines how much money traders can withdraw at any one moment.

➡️ Kenyan traders can only withdraw their funds using the same payment method that they used to deposit cash.

➡️ If traders deposited money into their Exness account using a variety of payment methods, they must withdraw via those same payment methods in the same proportion.

➡️ Kenyan traders should withdraw money according to the sequence in which the payment system prioritizes it. Kenyans are urged to use a bank card first, then Bitcoin, then anything else they wish to save time.

 

How to Withdraw Funds From Your Exness Account 

👉 Step 1 – Go to the Exness Website

➡️ Go to the official Exness website at www.exness.com and click on “Sign In”.

Exness Review How to Withdraw Funds From Your Exness Account Step 1

 

👉 Step 2 – Click on “Withdrawal”

➡️ Once you are logged in, click on “Withdrawal” and withdraw your funds. 

Exness Review How to Withdraw Funds From Your Exness Account Step 2

Exness Education and Research

Exness Review Education And Research

👉 Exness does not offer any educational material but offers the following research tools:

➡️ Analytical Tools

➡️ Trader’s Calculator

➡️ Economic Calendar

➡️ Currency Converter

➡️ Tick History

Exness Affiliate Program

Exness Review Affiliate Program

👉 Exness is a frontrunner in the field when it comes to regular and appealing pay-outs. Each active customer referred by an affiliate earns the affiliate a commission of up to $1,770.

 

👉 First-time deposits (CPA) and leads (CPL) are paid for by Exness, with CPA as follows:

➡️ It pays up to $1,770 depending on the platform, country of residence, and the amount that referred customers deposit with a minimum first-time deposit of $10.

➡️ More than 40 nations across the globe can use Exness.

➡️ Additional incentives are offered for the greatest overall performance.

➡️ The CPA plan is chosen by default when a trader registers.

 

👉 The following are included in the CPL plan:

➡️ Kenyan affiliates can earn up to $25 for each signup of the referral site that they utilize.

➡️ The pay-out will rise in proportion to the number of new members.

➡️ High traffic as Exness currently receives visitors from over 40 countries.

➡️ Regular monthly pay-outs are guaranteed, as are incentives for the greatest overall performance.

➡️ This plan is only available via the Exness Affiliate Department and Kenyans must contact the team for all queries.

Exness Social Responsibility

Exness Review Social Responsibility

👉 With a primary emphasis on the supply of investment services, Exness has had a noticeable presence in global financial markets since its inception in 2008. As the company’s chief executive officer, Petr Valov is passionate about the company’s policy on Corporate Social Responsibility (CSR) and how it enables him to give back to society.

 

👉 Employees and customers alike can rely on Exness to be open with them about their aims and aspirations while also serving as a steadfast support system for them as they strive to reach their full potential professionally and personally.

 

👉 Exness continuously strives to achieve more in Corporate Social Responsibility, whether it is in education, environmental reasons or addressing any risks, social and medical, in the society where people live and work in. Exness is committed to providing educational opportunities for today’s children that are relevant to the broker’s own line of work. 

Verdict on Exness

👉 Exness provides a simple trading solution for both new and experienced traders, thanks to the wide range of accounts it offers. Among these accounts are commission-free, commission-based, and spread accounts.

 

👉 Because Exness employs innovative software and technology, it assures reduced trading risks. As a result, traders can be certain that their orders will be executed quickly and securely.

 

👉 There are more than 30 options to withdraw and deposit money at the firm. Moreover, most of its deposit and withdrawal options are free. In addition, Exness provides free VPS hosting and quick withdrawal access when a withdrawal request has been made.

Exness Current Popularity Trend

👉 According to Google Trends, Exness has increased in Google searches in Kenya in the past month. 

Exness Review Google Trends

Exness Pros and Cons

✔️ Pros❌ Cons
Exness is well-regulated by several reputable entitiesThere is a lack of educational materials
Exness offers some of the highest leverage ratios in the forex marketThere is a limited selection of tradable instruments
Customer support is available 24/7
There are several instant deposit and withdrawal options offered to traders
Kenyan traders can set KES as their base account currency, and they can make deposits in Kenyan shilling
There is a choice between powerful trading platforms across devices
Exness offers free VPS hosting
There are a few trading tools to choose from

Frequently Asked Questions

 

Is Exness a good and legit broker?

Yes, Exness is considered good and is well-regulated by FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA.

Which trading platforms are supported by Exness?

Exness supports the use of these trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • Exness Web-based Terminal
  • Exness Proprietary Trader App

Does Exness offer leverage and what is the maximum ratio offered?

Yes, Exness offers the following leverage ratios:

  • Equity up to $30,000 (3,400,000 KES) – 1:500
  • Equity between $5,000 to $29,999 (570,000 KES to 3,400,000 KES) – 1:1000
  • Equity between $0 to $4,999 (0 KES to 570,000 KES) – 1:2000
  • Equity between $0 to $999 (0 KES to 114,000 KES) – Unlimited leverage

What is the overall rating for Exness out of 10?

The overall rating for Exness is 8/10.

Is Exness suitable for beginner and professional traders?

Yes, Exness is an ideal broker that can be used by beginner and professional traders.

 

9/10 - (3 votes)