Review Exness South Africa - What Does Exness Company Do?

Brokerage company Exness was founded in 2008. Exness Limited was registered on the islands of Saint Vincent and the Grenadines.

At the moment, Exness Group has several licenses: Nymstar Limited, a Securities Dealer, authorized and regulated by the Seychelles Financial Services Authority (FSA). Exness B.V. is a Securities Intermediary authorised and regulated by the Central Bank of Curaçao and Sint Maarten. Venico Capital Limited is authorised by the Financial Services Commission (FSC) in BVI. Tortelo Limited is authorised by the Financial Services Commission (FSC) in Mauritius.Vlerizo (Pty) Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP).

Exness is a retail Forex dealing center that offers the tightest spreads and the highest leverage.

Exness South Africa 2021


Brokerage Сompany Exness is a new look at online trading. It is trying to make trading as loyal as possible. The liquidity of international transactions is increasing every day because the positions of the Forex Market and retail are continually falling. It opens up a lot of opportunities for investing in the business. Since offline brokers are disloyal and can support only huge and too risky rates, most modern specialists place it on the Internet.;

Broker Exness takes first place in many reputable ratings. The liquidity of the website is vast for many reasons. In addition to the fact that the company provides many tools for analysis and currency tracking, Exness sets the minimum buy and sell price. The spreads indicator never exceeds the minimum, and from 2020 there is no commission for financial operations inside the exchange. More than 100000 active users are now registered on the website.

Here you find some useful information if you are looking for an ideal provider for trading. You will learn how MetaTrader 4 works, why Exness Global Forex Company is very popular in South Africa, and how to analyze market liquidity using the exchange.

The broker provides its services using a convenient digital portal located at The broker is well-known among the traders from South Africa, Asia, Europe or the CIS countries.

The company is under the control of the financial regulator CySEC. It conducts its activities through official representations that are located around the world.

What is Exness in South Africa?

Exness is a licensed company, duly regulated with a number of authorized regulators. In South Africa it is regulated with FSCA authority. Thus, trading with Exness Brokerage Company is safe for traders in South Africa. Exness traders can choose ZAR as the base currency of the account upon registration. In this case, all deposits made will be converted into ZAR.

As a broker, Exness deals with financial tools such as Cryptocurrency CFDs, Forex and Metals, among many other trading instruments. Unlike a traditional securities broker that mediates between an exchange and an investor, Exness only offers CFD (or Contract for Difference) products for a range of trading instruments and therefore acts as a multi-asset broker. Fulfillment of orders on behalf of its clients, market research, services and market information - these are just a small list of tasks that this excellent broker undertakes.

Exness Group in South Africa

Can Exness be Trusted and How Reliable?

Exness's financial audits are provided by the independent auditor Deloitte, one of the Big Four's global auditors, although Exness does collaborate with other independent auditors.

Is Exness legit in South Africa?

Exness legal entities are fully regulated by many financial regulators around the world:

  • Financial Services Authority (FSA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Conduct Authority (FCA)
  • Financial Sector Conduct Authority (FSCA)
  • Central Bank of Curacao and Sint Maarten (CBCS)
  • Financial Services Commission (FSC) - British Virgin Islands

As it was mentioned above the company is regulated by the Financial Sector Сonduct Authority in South Africa. So, the traders in RSA are in safe hands.

Exness Legit in South Africa


FSCA is an institution responsible for regulations and supervision of market behavior. FSCA aims to improve and support the efficiency and integrity of financial markets and to protect the customers of the financial markets by controlling their fair treatment by financial institutions.

Awards Exness Group

Over the last years Exness demonstrated excellent service and reliability. The broker has received several acknowledgements and rewards such as:

  • Most Transparent FX Broker 2019 (World Finance)
  • Global FX Broker of the Year 2019 (The European).
Exness Awards

Benefits and Drawbacks Exness Company

Exness provides traders with financial services and investment solutions tailored to the needs of clients in specific countries. But no company or service can be perfect. Let's consider the advantages and disadvantages of the broker.

Pros Cons
  • regulated by many financial regulators: CySEC, FCA, FSCA, FSA, CBCS, FSC (BVI), FSC
  • Over 100 trading pairs with several trading platforms
  • Tight spreads
  • Client funds are held in segregated accounts
  • Dealing broker
  • No multi-currency accounts are available
Exness Pros and Cons

Get Fast Order Execution

Exness Pros and Cons

Rely On Us For 24/7 Support

Exness Pros and Cons

Enjoy Low Transaction Costs

Exness Pros and Cons

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Exness Broker Online: Getting Started

To start working in Exness Group, you need to register. No costs are required to do this. Creating an account is entirely free, so you do not have to pay for membership in the exchange, among other things you can get Exness Bonus.


Registration is straightforward. You need to specify your region of residence, e-mail and come up with a password. In some regions, Exness is not available. It is due to the policies of some European and Asian countries. The most significant traffic shows South Africa, Asia and the UK.

For a comfortable start at the broker, users should start with a mini-account. It allows you to deposit any money and not overpay on simple transactions.

Experienced traders work with ECN-account, as it will enable increasing the price of earned money. Exness South Africa most often chooses a CENT account because it is set up for the Forex market. Affiliates are already almost winning the pan-European earnings figures.

To ensure maximum comfort, users can use third-party helpers. The loyal policy of Exness Group does not prohibit analytical, strategic and automatic programs. But the resource recommends using only official applications so that they do not affect the process of making a deal and can not disclose the private data of the client. All accounts of the exchange are verified and protected with a 128-bit key, so internal security is solid.

Exness Broker

Exness Website - EXNESS.COM Your Friend

The Exness website is not suitable for trading. But its functions are essential to track markets accurately.

The online resource is indispensable for specialists in various fields. As some publications indicate, the use of the Exness desktop is useful for analytics and even training in financial standards. A broker often holds webinars and lectures for new users.

Exness Website - EXNESS.COM

On the site you will find such valuable functions:

  • Analytics;
  • News;
  • Webinars;
  • The School of Trading;
  • Informational articles.

Exness Group often provides links to useful resources and encourages learning outside the provider. High loyalty is typical for this exchange. If a client cannot find any information they need, they can contact Support. Managers will quickly find an article, feature or announcement.

Market Instruments & Products

Exness's range of trading instruments includes currency pairs, gold, silver, platinum, palladium, cryptocurrencies, energy, stocks and indices.


Forex is a currency exchange market in which individuals, companies and financial institutions exchange currencies for each other at floating rates. Exness has a ZAR account option for traders from South Africa. It is possible to open an account using ZAR as the account currency.

Exness Market Instruments and Products


An iconic feature of energy as a trading product is high price volatility. It is driven by political and environmental factors, supply and demand, extreme weather conditions, and global economic growth. That is why energy is a fairly popular product offered by the broker.

Precious Metals

From time immemorial, gold and silver have been used to exchange for goods and currencies, and today these precious metals continue to be popular among traders. Exness offers spot gold and silver transactions against major currencies.


Exness Company offers trading with some of the most popular cryptocurrencies globally, such as Bitcoin CFDs, Litecoin, Ethereum, Ripple, and Bitcoin Cash. The major pairs are Forex currency pairs, gold, silver, platinum, palladium, and cryptocurrencies with market execution.

Accounts and their Types - Standart, Pro, Cent, Zero

Exness offers several types of accounts for traders, each of which is designed for different trading styles. Accounts are divided into two main types: Standard and Professional. Choosing the account depends on your experience and trading style.

Each account type has separate commission terms, margin requirements and leverage requirements.

Let's explore each of the account types in detail as well as the ability to log in to Exness login personal area

Account Types

How can I register an account and choose a more suitable type for my purposes?

In order to start as a trader, you need to select the type of account that suits your tasks and trading strategy, and register.

Account Registration

Signing up for Exness is easy and hassle-free. The procedure will take a few minutes and can be done any day.

  • Go to the Exness homepage.
  • Select the "New Account" tab, enter your current country of residence, and your email address, and strong password. Click "Continue".
  • Your Personal Account has been successfully registered, and you can have access to your profile data.

The broker offers a demo version of the account, which is very convenient for new members. Novice traders can practice trading, work out several strategies without fear of losing funds.


Exness Demo Account

The demo account functions can be accessed through the trading platform and will depend on the offering in terms of asset classes, financial instruments, spreads, leverage and so on. To access the demo account, the trader must download the platform in one of the following ways:

  • PC - MS Windows, Linux or Mac OS
  • Mobile device - smartphone and tablet on Android, iPhone or iPad on iOS

A demo account for novice traders is a great solution which can help them avoid high risk while learning how to trade. They will be able to improve their skills and experience as traders in a risk-free environment using virtual funds.


Standard Account

Standard accounts are the easiest and most affordable of the offered accounts. Therefore any trader can open them. This type of account is divided into just a Standard Account and a Standard Cent Account.

The Standard Account is a popular choice and adapted for all traders, both beginners and professionals.

Basic features of a standard account:

  • Low deposit requirements, depending on the payment system the trader uses
  • Stable spreads, flawless execution with no trading fees.
  • Over 120 currency pairs and trading instruments.
  • Orders are executed with market execution (no requotes).
Exness Standard Account for South Africa


Exness Standard Cent Account

This type of account is suitable for novice traders, because it allows them to trade with smaller volumes with smaller trading units (cent lots), and as a result, with lower risks. The Standard Cent account is perfect for testing the trading strategies of novice traders.

The main functions of the Standard Cent Account:

  • The only account type allows the use of cent lots
  • Stable spreads, reliable execution and no trading commissions;
  • Orders will be executed with market execution (no requotes)
  • Over 36 currency pairs.

Professional accounts are recommended for more experienced traders. Some accounts offer instant order execution.

Professional account types include Pro Account, Zero Account, and Raw Spread Account. Let’s get a closer look at them.

Exness Standard Cent Account for South Africa


Exness Pro Account

This is the account for professional traders.

Here are several conditions Exness offers on a Pro account:

  • Trading in Metatrader 4 and Metatrader 5.
  • The minimum deposit is $ 200.
  • Trading over 100 currency pairs, 30 stocks, 10 indices, oil, and 10 currency / metal pairs available.
  • Market execution of transactions.
  • Spreads from 0.1, no additional commission.
  • Margin Call level - 30%
Exness PRO Account for South Africa


Exness Raw Spread Account

The main feature of this type of account is tight spreads and low commissions.This one is suitable for more experienced traders.

There are the following characteristics:

  • Market execution,
  • Spreads from 0 pips,
  • Fixed commission of $ 7 per full lot (opening and closing a trade).
  • The minimum trade size is 0.01 lot.
  • The minimum deposit is $ 200.

Among the financial instruments are: more than 80 currencies, 8 pairs with metals, 6 - with cryptocurrencies, 30 stocks, 9 indices, as well as oil.

Exness Raw Spread Account for South Africa


Exness Zero Account

This account practically does not differ in terms of conditions from Raw Spread. The only significant difference is that there are zero spreads for 30 currency pairs during 95% of the trading day. Also, the additional commission here may be slightly higher.

Exness Zero Account for South Africa


Commission Fees & Spreads

Exness is highly ambitious with its trading commissions. Their Spread is very low, there are no hidden fees, and the fees with a Pro account are very simple and clear.

Here is an overview of all the fees a trader should consider when trading on Exness:

  • Extremely tight Spread: Exness offers variable spreads for all of its trading accounts.
  • With a Standard Account there is a low 1 pip spread on average for EUR / USD.
  • On a Raw Spread Account is 0 pips, but on this type of account there are trading commissions.
  • Exness commission is $ 3.5 (each order) for opening and closing a position for Raw Spread & Zero accounts with a trading volume of $ 100,000 (1 standard lot).
  • For Standard and Pro accounts, no commission is charged.

The company also has a rollover or day-to-day commission that applies if positions are held for more than one day. Each tool has its own fee that is charged for these overnight positions.

Exness Spreads

Exness Broker Leverage

About 15 years ago, only owners of very large capitals could participate in trading on the financial market. That is because the size of a standard lot on Forex is 100,000 units of the base currency. That was the case before the emergence of brokers who introduced leverage and allowed traders to make money on foreign exchange transactions even with small capital. Modern companies like EXNESS brokers offer flexible leverage without limiting the trader's options.

Exness Broker Leverage

What is leverage

In essence, these are borrowed funds that a trader borrows from a broker for a large transaction. For example, a trader wants to make a deal for $ 10,000, but he has only $ 500 at his disposal. In this case, he can use a leverage of 1:20 - in this case, the funds invested by him will be multiplied by 20 times.

The broker provides the missing amount to the trader, but not permanently, but as if in debt. When the deal is closed, the trader will return the amount of the collateral that he took using the leverage to the broker. And the profit on the deal is completely the property of the trader.

Exness allows the leverage from 1:2 to 1:2000 on all accounts and provides a calculator that determines the maximum borrowed capital and requirements set for the margin in accordance with the current capital level of the trader's account.

The larger the fundings, the stricter the requirements for the margin (the number of leverage decreases). For example, if the account has up to $ 999, then the leverage can be any, but for owners of an extensive account of $ 200,000 or more, leverage is available only up to 1:100.

Experts say that beginners should not be tempted to trade with large leverage. Until a trader gains enough experience, take a leverage of no more than 1:5, and even better, practice on a demo account.

Deposit and Withdrawal is One of the Strengths of Exness Global

Exness provides several options for withdrawing and depositing funds:

  • USDT or Tether
  • Bitcoin
  • Internet banking
  • Bank cards
  • AstroPay card
  • Perfect money
  • Neteller
  • WebMoney
  • Skrill
  • Internal transfer

Exness Company Deposit and Withdrawal

Deposits and Exness Minimum Deposit

Here are some main features of making a deposit to Exness:

  • no commissions for depositing funds;
  • the minimum deposit amount is lower than that of most other brokers;
  • various payment methods are supported;
  • all deposit currencies are supported, except for possible conversion rates;

After the trader completes the registration process on the website, he can enter his personal account and follow a few steps to deposit the minimum amount, depending on the account type chosen by the trader (there can be accounts suitable for beginners and professional trader accounts):

  • The trader must first make sure that his personal account has been reviewed and approved by Exness.
  • A trader can enter his personal account and click on "Deposit funds" next to the trading account that he wants to fund.
  • The user will be redirected to the new web page and afterwards he / she can simply follow the instructions for making the initial deposit.

Please, pay attention to several important recommendations to help traders make a Exness deposit without problems:

  • Carefully review the minimum deposit requirements by chosen payment system. In addition, the payment methods must be managed by the same name as the Exness account.
  • Remember that the deposit currency is the same as the withdrawal currency.
  • Please check your details carefully when entering your account number or any important personal information. Errors in the information provided may result in delays in replenishment.



Exness strives to create a comfortable trading environment and make withdrawals fast, convenient, and accurate with various payment systems to choose from. The advantage of this very broker is that merchants have the ability to withdraw funds at any time and on any day, including weekends and holidays. When withdrawing funds, the processing of funds in the trader's account may also take some time.

Here's a quick overview of Exness Withdrawal:

  • AstroPay card, Perfect Money, Neteller, WebMoney, Skrill and internal transfer - the withdrawal speed is instant
  • Bitcoin - up to 4 hours
  • both internet banking and USDT / Tether - up to 72 hours
  • bank card - in the period from 3 to 5 working days

In addition, the entity does not allow third-party payments due to strict regulations and as a protection against money laundering.

African Region Deposits and Withdrawals:

Country Deposit Withdrawal
Ghana (GH) e-wallet MyBux e-wallet MyBux
Kenya (KE) e-wallet MyBux
e-wallet MyBux
Bank transfer
Namibia (NA) e-wallet MyBux
e-wallet MyBux
Nigeria (NG) e-wallet MyBux
QR Payment
e-wallet MyBux
Rwanda (RW) Mobile Money
e-wallet MyBux
Mobile Money
e-wallet MyBux
South Africa (ZA) e-wallet MyBux
Ozow and SnapScan
Internet banking
e-wallet MyBux
Uganda (UG) e-wallet MyBux Mobile Money
e-wallet MyBux
Zambia (ZM) e-wallet MyBux e-wallet MyBux

Trading Platforms that You Can Trade With in Exness

The trading software offered by the brokerage company to traders is called a platform and is used to execute their trades.

The platform can be a multi-assets one. Traders can trade both in the Forex market and with other asset classes such as CFDs on stocks, stock indices, metals, and cryptocurrencies. The client can choose the appropriate platform, understand his strategy, and decide what assets to trade. With Exness the traders can choose MetaTrader4, MetaTrader5, and WebTerminal as their trading platform.

MetaTrader 4 (MT4)

MT4 is one of the most popular trading platforms. The most valuable features of the Exness MT4 platform include:

  • Flexible trading opportunity with numerous trading strategies
  • Possibility of automatic transactions through advisors
  • Option of both instant and market execution of orders.
  • A large set of various analytical objects and built-in indicators for large-scale technical analysis.

It is important to consider: by opening a MetaTrader 4 account, a trader will not be able to use MetaTrader 5 with the same MT4 credentials and vice versa. It is necessary to open separate trading accounts if both platforms are needed.

MetaTrader 5 (MT5)

Exness MT5 is just an upgraded version of the previous platform. Here are some critical additional attributes:

  • MetaEditor
  • Additional charts and timeframes
  • MetaQuotes 5 language
  • Hedging system
  • Fundamental analysis provided
  • 38 built-in indicators, 22 analytical instruments, and 46 graphical objects.

MetaTrader 4 and MetaTrader 5 have the following common features:

  • Trading instruments:
    • Forex currency pairs including gold, silver, platinum and palladium
    • Cryptocurrencies
    • Indices
    • Energy (USOil and UKOil)
    • Stock
  • Hedging available
  • Demo accounts available (except standard cent accounts)
  • Order Execution: Instant and Market
  • Expert Advisors, Scripts and Indicators


Exness WebTerminal (a web version) is a browser-based terminal that does not require installation and is accessible through your browser. It supports basic functions available in the desktop version.

The main features of WebTerminal include:

  • the platform has the same interface as the PC version, no need to download software
  • Provides the basic functions to trade effectively
  • Speed being an HTML5 web application and enhanced security due to data encryption.
  • Main analytical objects
  • Selling and buying operations of various types
  • Provides real-time quotes
  • Fully customizable price charts

Exness Terminal

Exness Terminal is a specialized trading terminal developed by the specialists of the broker itself. It is exclusively available to Exness traders who trade on the MT5 platform. Such custom development makes it possible to constantly improve the terminal by adding convenient and necessary features for all who deal with trades.

To work with a custom Exness Terminal, a trader needs:

  • Register for an account using a valid email address.
  • Enter your login information, and you will be taken to your personal account.
  • Find the "Trade" button for your account; notice the "in terminal Exness" below it.
  • By clicking on the "Trade" button, you can trade in the Exness terminal.

Exness Social Trading

Social trading allows traders or investors to copy and implement the strategies of their colleagues or more experienced traders at finacial markets.

While most investors do their own fundamental and technical analysis, there is a class of traders who prefer to observe and replicate the analysis of others.

Social trading gives everyone access to trading and investing. Social platforms (and brokers) allow traders to copy more experienced investors who share their dealings information. There are, actually, two main roles:


An investor is a trader who views and selects trading strategies created by experienced traders (we call them a strategy provider), subsequently copying the trades made in these strategies.

Strategy provider

He is an experienced trader who has a deep understanding of the trading process and creates an interesting and profitable strategy that investors can use.

Investors also profit in the form of commission at a set rate if the strategy provider's strategy is profitable.

Exness Exness Social Trading

Market Analysis & Research Tools

One of the main factors influencing confident and booming trading is a deep knowledge of a trader and his understanding of the mechanisms of the markets.

Therefore, reliable brokers present a wide range of analytical tools and research materials. And Exness is among these brokers.

It offers different search instruments which their clients can use:

  • Market analysis calendar informs about the main economic events affecting the market.
  • Currency Converter helps to convert different currencies.
  • VPS hosting provides a fast and uninterrupted connection, protecting the broker´s clients from many troubles that can arise during the trading process, for instance, the power outages and connection problems.
  • WebTV is streaming financial news from the NYSE hosted by Trading Central
  • Calculators

    help to calculate the fundamentals of a position, including margin, point profit, swap long and short, and more.
  • Tick history. Exness allows their clients to download tick history for all major currency pairs for subsequent import into MT4.

Education by Exness Company

Great support for those who want to trade is an extensive training center, Exness Academy. Here you will find many video tutorials and glossaries to help learn new trading methods due to Education Exness project.

The Academy provides educational packages for the company´s clients:

Basics - designed for beginners to educate them and help to understand the essence of the trading.

Development - helps traders develop their skills by teaching them how to manage risk and allowing learning strategies from other traders.

Breakthrough - traders can test their knowledge by starting to analyze the markets.

Customer Support - a Good Relationship with Each Client

Since Exness is an international broker, there are over 18 languages. The company supports phone calls, email and live chat. This allows customers to get 24/7 support. The appropriate answer to the client's question is given within a few minutes. In addition, the broker's website contains a service with the most common answers to user questions. Customers can independently study popular articles, documentation, and answers to some questions.

Conclusion about Exness Group

Nowadays, Exness has gained popularity and respect in the investment business. It provides an extensive list of assets, offers, and services. The company has been on the market for a long time, it has many licenses, it is regularly audited by a company from the big four audit firms, so clients can trust it. From the very beginning of its creation and until now, the company has been working very seriously for its clients.


What is Exness All About?

Exness is an international financial broker that has been providing a range of trading services to investors since 2008, and in recent years, the company has earned the trust of many users, and has also earned a reputation as a reliable guide to the world of finance.

Is Exness Trustworthy?

Exness creates a safe trading environment. It is regulated by the FCA, CySEC and SFSA, CBCS, FSC (British Virgin Islands), FSC (Mauritius). The international audit of the company is carried out by the well-known audit firm Deloitte. These facts, as well as reviews of satisfied customers over the years, confirm the broker's impeccable reputation.

Does Exness offer Nasdaq?

Exness offers NASDAQ CFDs on its platform as USTECm.

Exness South Africa Regulations - How is it regulated in the Region?

In South Africa Exness is in TOP-3 best rated brokers. Recently the company got regulated by FSCA in RSA.

Which Bank does Exness Use?

Exness works with many trusted banking institutions worldwide. There are several banks in RSA supporting the payments through online banking:

  • ABSA Bank
  • Standard Bank
  • First National Bank
  • Nedbank
  • Capitec Bank
  • Investec Bank

How Does Exness Trading Work?

Exness offers many practical features, such as tight spread, real-time trading platforms, prompt methods of funding/withdrawals, available instruments, and support educational sources. The investors have to open and verify an account, make the first deposit, and learn the trading terminals.

How to Trade Using Exness ?

To become a trader with Exness, an investor must take several necessary steps.

  • Step 1: Register and verify an account .
  • Step 2: Make your first deposit.
  • Step 3: Explore the trading terminals.
  • Step 4: Start trading.

How to Deposit with Exness?

To deposit with Exness:

  • Log in to your Exness Personal Area;
  • Click on the Deposit section;
  • Select the payment system you want to use;
  • Select the account to which you want to deposit funds;
  • Enter the currency and amount of your deposit and click Next
  • Double-check your deposit details and click “Confirm Payment”.

You will be redirected to the website of the selected payment system, where you can complete the transfer.

What is the Minimum Deposit for Exness?

The Exness minimum deposit amount is 10 US dollars. With such an amount, it is possible to open a trading account.

Where is Exness Broker Located?

The headquarter of the broker is located in Limassol, Cyprus.

What is Exness Social Trading?

Social trading helps inexperienced clients start their journey in the investment world as they can copy the strategies and trades of experienced traders, earning commissions on profitable trades.

Log into your Exness account and find the Social Trading section. Here you can choose whether you will be an investor (the one who copies actions) or a trader who provides a strategy.