Exness Broker: A Reliable Option for the Indian Market
An in-depth review of Exness Broker, covering its features, benefits, and key aspects of its use in the Indian market
Trading on financial markets carries risks. 18+
Searching for a broker that understands the needs of Indian traders?
Exness is a globally recognized multi-asset broker with a strong presence in India. With innovative platforms, local payment options like UPI and NetBanking, and a commitment to transparency, Exness sets a high standard in the industry.
Explore key features, account options, and trading conditions in our in-depth review to see how Exness supports traders in India.
📅 Updated: 15.12.2024
⏱️ Reading time: 6 minutes
📑 Table of Content
What is Exness Broker?
Exness Brief Introduction
Exness is an international broker operating in the multi-asset trading market, established in 2008. The company specializes in providing access to trading contracts for difference (CFDs) across various asset classes, including forex, stocks, cryptocurrencies, and commodities.
Exness positions itself as a market maker that emphasizes the use of technology, algorithms, and data-driven approaches in its services. Its stated aim is to offer competitive pricing and efficient trade execution, backed by proprietary technological solutions.
Understanding CFDs (Contracts for Difference)
A CFD, or Contract for Difference, is a financial agreement where the buyer and seller exchange the difference between an asset’s current price and its price at the contract’s close. This type of trading offers several advantages:
Lower Trading Costs
CFDs eliminate additional charges like clearing fees, exchange fees, delivery costs, or stamp duties.
Leverage
Traders can manage larger positions with a smaller capital investment.
Accessibility
High market liquidity allows for seamless 24/5 trading.
Short-Selling
CFDs enable traders to benefit from both rising and falling market conditions.
Exness supports CFD trading by offering tools and conditions aimed at providing flexibility and efficiency. However, traders should evaluate these offerings against their individual needs and consider the inherent risks associated with leveraged trading.
Exness Global Presence
Exness operates its headquarters in Cyprus and maintains offices in several key locations worldwide.
These include:
* United Kingdom
* Seychelles
* South Africa
* Uruguay
* Curaçao
* Mauritius
* Kenya
* British Virgin Islands
Exness Group Licenses
Exness is a broker regulated by multiple authorities, known for its consistent compliance with top-tier security standards and financial regulations. The company operates under licenses issued by internationally recognized regulatory bodies, including CySEC, FCA, FSCA, FSA, FSC, CBCS, and CMA, ensuring robust oversight and accountability.
CySEC License (Cyprus)
The Cyprus Securities and Exchange Commission (CySEC) acts as the primary financial regulator in Cyprus. As an EU member state regulator, CySEC ensures that its operations and regulations align with the European MiFID standards for financial harmonization.
FCA License (United Kingdom)
The Financial Conduct Authority (FCA) regulates the financial markets in the United Kingdom, overseeing over 50,000 firms. Its mission is to maintain honest, competitive, and fair market practices.
FSCA License (South Africa)
The Financial Sector Conduct Authority (FSCA) serves as the regulator of market conduct for financial institutions in South Africa. It is the successor to the Financial Services Board and ensures fair practices in the financial sector.
FSA License (Seychelles)
The Financial Services Authority (FSA) of Seychelles is an independent statutory body tasked with regulating and supervising the international financial services sector. It aims to protect consumers and ensure stability in the industry.
FSC License (Mauritius)
The Financial Services Commission (FSC) in Mauritius is responsible for regulating, supervising, and inspecting all non-banking financial services and global business activities within the country.
FSC License (British Virgin Islands)
The British Virgin Islands Financial Services Commission (BVI FSC) is an autonomous regulatory body that supervises, inspects, and regulates financial services in the British Virgin Islands.
CBCS License (Curaçao and Sint Maarten)
The Central Bank of Curaçao and Sint Maarten (CBCS) oversees monetary policy in these territories. It provides advice to the governments of Curaçao and Sint Maarten and ensures the proper conduct of financial sector operations within its jurisdiction.
CMA License (Kenya)
The Capital Markets Authority (CMA) in Kenya serves as a governmental regulatory body tasked with supervising, licensing, and monitoring financial firms operating in the country to ensure transparency and stability in the market.
Exness Business Volume
Exness has established itself as a significant player in the financial markets, serving a large and growing client base.
The platform boasts:
800,000+ active monthly users
19+ million user accounts
1.9+ billion trades executed annually
180,000 registered partnerships
Active Clients in 2023
Exness demonstrates growth in active client numbers, reflecting its efforts to meet market demands.
Yearly Trading Volume Growth
Exness reports steady growth in trading volumes, showcasing its expanding operations.
Exness places a strong emphasis on trust and transparency in its relationships with both clients and partners.
To uphold these values, the company consistently publishes financial reports that are independently audited by Deloitte.
Exness Trading Platforms
What Is a Trading Platform?
A trading platform is software provided by brokers that enables traders to access financial markets. It allows users to open, close, and monitor their trades.
Trading on financial markets carries risks. 18+
MetaTrader Platforms
In CFD trading, the most widely used platforms are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Developed by MetaQuotes Software Corp, these platforms are offered by CFD brokers through individual trading accounts with unique login credentials.
Exness Web Terminal
The Exness Web Terminal is a custom-built trading platform designed to provide a smooth, efficient experience. Accessible from any browser or device via an MT5 account, the platform offers features tailored for traders:
- Intuitive interface for ease of use.
- Bulk order management for grouping, closing, or setting group take profits/stop losses.
- Integrated TradingView charts for advanced market analysis.
- Access to 100+ technical indicators and 50+ drawing tools.
Exness Trade Mobile App
The Exness Trade mobile app replicates the functionality of the Web Terminal, providing a seamless trading experience for users on the go. It is compatible with all major mobile devices, making it a convenient option for active traders.
800,000+ traders choose Exness every month
Are you one of them?