Exness, known for winning first place in Finance Magnates rankings, offers revolutionary features like unlimited leverage, a Pro Account with no transaction fees, swap-free options for swing trading, and stop out protection that ensures no forced closure even if the balance goes negative. Upon account registration, users receive a 30 USD bonus leveraging Exness’s standout offerings. Despite its popularity and positive feedback, Exness has faced criticism and negative reviews, including rumors of withdrawal denials and other service-related issues, which they actively refute. The broker’s platform includes user-friendly tools integrated with TradingView, showcasing times of leverage restrictions to assist traders in planning their transactions. Exness is actively participating in Forex Awards and continuously updates its service offerings, maintaining transparency about its operational status and innovations like the introduction of Exness Premium and Exness Dollars.

We will thoroughly explain the reputation, reviews, and rumors of FX broker Exness.

Exness is a popular FX broker (FX broker/FX company) that has won first place in the world in the ranking of Finance Magnates, so there are many good reviews and bad reviews, as well as black rumors, reviews, and postings.

First of all, what is Exness? What kind of Forex broker is it?

Exness is a Forex broker that has been able to open accounts since February 2020 according to Hercules Finance.

Exness became popular worldwide almost instantly with four world-first services.

1. “Unlimited Leverage”… Because of the high leverage of 2.1 billion times, the margin required is 0 USD even if you place an order
2. “Pro Account”… No transaction fees and narrower spreads compared to standard accounts
3. “Swap-Free”… Convenient for swing trading because there is no transfer of swap points
4. “Stop Out Protection”… Even if the balance goes negative, it will not be forcibly closed (stop out)

When you open an account with Exness, you first receive a 30 USD unlimited leverage bonus.

Exness has also achieved 1st place in Forex broker rankings

The popularity of Forex broker Exness is such that it has taken first place in rankings published by an industry paper called Finance Magnate.

Exness has repeatedly become the world’s number one in the ranking of FX and CFD trading volumes of world FX companies (excluding FX companies) published by Finance Magnate since the 2000s.

Below is the Q2 2024 ranking by Finance Magnate (financemagnates(.)com).

1. Exness
2. ICMarkets (IC Market)
3. IG Group (including IG Securities)
4. Plus500 (Plus 500)
5. Saxo Bank (Saxo Bank)

In the Hercules Finance ranking, Exness is also a well-regarded FX company, alongside XM and FXGT.

Below is the popular ranking chosen by traders at Hercules Finance.

Exness is a regular at FX Awards

Exness is a regular winner at the annual FX Awards.

Below are the categories in which Exness has won awards at the FX Awards (minna-de.com/fxawards/).

• The most recommended FX company for trading Bitcoin “Bitcoin Broker Award” 2024
• Best Gold Trading 2023

The next FX Awards will be held at the beginning of next year!

20 good and bad reputations of Exness

Below, we explain the good and bad reputations of Exness.

1. There have been cases of withdrawal denials
2. Bank deposits and withdrawals are not available due to ongoing maintenance
3. Leverage restrictions are strict, and unlimited leverage cannot be used
4. Even if the balance goes negative, it will not be stop out
5. It is possible to withdraw the principal
6. There are stop hunting due to abnormal rates
7. If you open an account, you will receive a phone call
8. Orders are not executed
9. Arbitrage is not prohibited
10. The company is in financial trouble and could go bankrupt
11. The trading volume of FX and CFDs is the highest in the world
12. Swap-free status is quickly revoked
13. The minimum deposit amount is high
14. The spreads are wide and not narrow
15. Joining Exness Premium is meaningless
16. Fraudulent activities through imitation sites have occurred
17. Trading is possible even without completing personal verification
18. Income proof and source of funds investigations are conducted
19. Bonuses are not granted
20. Exness Dollars (EXD) has ended

Exness has a lot of bad reputations and black rumors due to its popularity.

Just like when Exness resumed acceptance in February 2020, introduced Exness Premium in August 2021, restricted account opening windows in September 2023, raised the minimum deposit amount in December 2023, and started a pilot introduction of Exness Dollars in March 2024, major changes and updates are announced on Hercules Finance.

Official site (exness.com)

Real reputation 1. There have been cases of withdrawal denials at Exness

Steven

I’ve seen reviews about withdrawal denials at Exness, is it true? Is there fraud such as profit cancellation and withdrawal denial at Exness?

Hercules Finance Staff

The denial of withdrawals at Exness is not true.

There have been instances where affiliates fabricated stories about Exness’s withdrawal denials for the purpose of advertising other companies.

Affiliates and affiliate websites spreading false information and negatively campaigning against Exness with the intent of harassment is a common occurrence.

Exness also calls for caution against lies and frauds purporting to be Exness.

Among the lies about Exness, there is also “I was in contact with management staff at Exness, not just regular staff.”

Even inside Exness, regional representatives and management staff are generally prohibited from exchanging direct contact information with affiliates due to compliance issues.

Exness is not a scam, so do not believe in lies like “you can negotiate directly with management staff at Exness,” and ensure you do not become a victim of fraud by being lured to dangerous sites other than the official Exness website (exness.com).

Official site (exness.com)

There are restrictions on withdrawals from Exness

At Forex broker Exness, there are instances where the following conditions may impose restrictions on withdrawals:

• Withdrawal when the number of transactions for the earned profit is extremely low
• Withdrawal when personal verification is incomplete
• Withdrawal suspected of being a transfer to a third party with mismatched names

It is not an emerging broker with unclear withdrawal rules, so “withdrawal on the day of deposit” or “withdrawal with less than 10 transactions” can be done without issues.

At Exness, profits are cancelled if there is misconduct

At Forex broker Exness, if there is a violation of the terms and conditions, there will be cancellations of profits, refunds of the principal, and account freezing.

Below are examples of fraudulent transactions and prohibited methods that violate Exness’s terms and conditions:

• Scalping EA considered as server attacks
• Arbitrage with multiple accounts (colluding with other traders)
• Repeated gambling trades with a margin ratio of 100%
• Latency arbitrage and other types of arbitrage
• Repeated large orders with large lots

Not all of the above will necessarily result in profit cancellations or account freezing at Exness.

(Although not publicly stated by Exness) Many reviews and reputations indicate that if you repeat orders that reach a 100% margin ratio in a single order or repeat large orders with large lots at Exness and are considered special transactions, there may be responses such as execution delays.

If you do not engage in trading methods such as loopholes at Exness, you will not be subject to withdrawal restrictions or profit cancellations (profit forfeiture).

Receive 30 USD↗

Real reputation 2. Maintenance continues preventing bank deposits and withdrawals at Exness

Josh

Is it true that bank deposits and withdrawals at Exness cannot be made due to ongoing maintenance? In that case, how do you make a deposit?

Hercules Finance Staff

It is true that there have been many instances of maintenance for bank deposits and withdrawals at Exness, but compared to periods with frequent troubles, it is now stable and can be used reliably.

The maintenance of bank deposits and withdrawals is a fact that occurs when the payment service provider contracted by Exness has unstable service periods.

It is rare for Exness not to be able to make bank deposits or withdrawals.

The status of bank deposits and withdrawals at Exness can be accurately checked in the Personal Area (my.exness.com).

The minimum deposit amount for bank deposits at Exness changes

The minimum deposit amount for bank deposits at Forex broker Exness is usually about 100 USD, but it can be about 700 USD depending on the maintenance period.

The minimum deposit amount for bank deposits at Exness changes frequently, so it is important to be cautious.

Check the status of bank deposits↗

Recommended deposit and withdrawal methods when bank deposits and withdrawals are not possible at Exness

The deposit methods at Forex broker Exness are not limited to bank transfers.

• Bank transfer
• Credit card payment
• Debit card payment
• Bitcoin (Bitcoin/BTC)
• Tether (USD Tether/USDT)
• USD Coin (USD Coin/USDC)
• TigerPay
• bitwallet
• SticPay

Card payments at Exness are recommended as they can be made in just a few seconds, just like online shopping on Amazon.

Real reputation 3. Exness has strict leverage restrictions, and unlimited leverage cannot be used

FX Beginner

Is it true that there are many leverage restrictions at Exness, and the 2.1 billion times unlimited leverage can hardly be used?

Hercules Finance Staff

There are many leverage restrictions at Exness, but it is not true that orders with unlimited leverage (unlimited leverage) can hardly be placed.

The Exness Terminal (my.exness.com) is convenient because it shows the times when leverage restrictions apply on the chart.

Forex broker Exness has the advantage of unlimited leverage, but also the disadvantage of many leverage restrictions.

Intuitively, you can place orders with Exness’s maximum 2.1 billion times unlimited leverage (unlimited leverage) for more than 70% of the time.

The remaining less than 30% of the time is when there are leverage restrictions and you cannot place orders with Exness’s unlimited leverage.

The times when leverage restrictions apply can be checked on the chart with the Exness Terminal (called my.exness.com), a trading tool implemented with TradingView.

Here is the Exness Terminal↗

Reasons why you cannot trade with Exness’s 2.1 billion times unlimited leverage (unlimited leverage)

The reasons and causes why you cannot place orders with Exness’s unlimited leverage are two-fold.

• Leverage release conditions are not met, so unlimited leverage cannot be changed
• Leverage restrictions are imposed, temporarily preventing orders with unlimited leverage

Traders who can change to unlimited leverage at Exness are only those who have achieved “a total of 0.5 lots or more of trading” and “10 or more trades”.

Exness’s Exness Terminal is convenient as it also shows the timing of leverage restrictions

Below are the leverage restrictions that occur with unlimited leverage at Exness for FX currency pairs and gold.

• When the effective margin is over $1,000
• A few minutes before and after the release of important economic indicators
• A few hours before the weekend and a few hours after the week starts

You do not need to memorize the detailed rules of Exness’s leverage restrictions.

As shown below, with Exness’s Exness Terminal (my.exness.com), the times when leverage restrictions occur are displayed on the chart, and additionally, the lower right shows the leverage applied to this order and the necessary margin for the order.

If you are trading with Exness, the Exness Terminal is recommended.

Here is the Exness Terminal↗

Real reputation 4. At Exness, you will not be stop out even if your balance goes negative

O.A

There is a rumor that you will not be stop out at Exness even if the balance falls below 0 USD, what does that mean? Isn’t the stop out level 0%?

Hercules Finance Staff

The stop out level at Exness is 0%.

However, normally, Exness has a mechanism called stop out protection (MidPlus stop out), which means that even if, for example, the spread suddenly widens causing a negative balance, you will not be stop out.

Some traders may have the stop out protection feature disabled, and even have a special setting where the stop out level is not zero.

Forex broker Exness has a special mechanism set up for stop out called stop out protection.

Below are the basic rules for Exness’s stop out mechanism.

• Normally, Exness has a stop out level set to 0% (zero stop out level)
• Additionally, depending on the trading lot, you may not be stop out even if your balance goes negative with Exness’s stop out protection
• However, Exness may decide to disable stop out protection or raise the stop out level above 0%

We will explain Exness’s stop out protection in detail next, but whether it is disabled or not? Whether it is applied or not? can be confirmed by going to “Settings” in the Personal Area (my.exness.com) under “Trading Conditions”.

About Exness’s Stop Out Protection and Negative Balance Protection

Exness’s Stop Out Protection is a mechanism where the forced liquidation level, or stop out level, can drop below 0 USD.

Traders who are eligible for Exness’s Stop Out Protection will not be stopped out if their balance falls below 0 USD due to sudden spread widening or other reasons, as long as the loss is below the amount derived using the following formula:

For example, if you have ordered 1 lot of gold and the spread is $20, you can withstand up to a -$10 drop.

Exness’s Stop Out Protection is applied automatically, so no calculations are necessary.

The tolerance level provided by Exness’s Stop Out Protection increases with more lots and wider spreads.

Furthermore, Exness’s negative balance protection is referred to as NBP (No Additional Margin Required).

More details on Stop Out Protection↗

Real Reviews 5. Withdrawals of Principal at Exness

Anonymous

What does “withdrawal of principal” mean at Exness? Can you withdraw funds during a transaction without settling?

Hercules Finance Staff

At Exness, withdrawal of principal means you can withdraw funds or transfer them to another FX account up to a balance of 0 USD if you are in a profitable state.

In simple terms, when you are winning at Exness, you can withdraw your own funds down to a level that does not reach 0% of the stop-out level, securing your principal safely.

This feature of withdrawing principal at Exness is convenient for traders who have tried it once and felt its effectiveness.

If you rely too much on withdrawing principal at Exness, you may be disappointed when it takes time to process withdrawals and you fail.

Other FX brokers do not allow withdrawals while there are open positions unless the maintenance margin exceeds 200% or 150%, making withdrawal of principal a significant advantage at Exness.

Real Reviews 6. Stop Hunting Due to Abnormal Rates at Exness

Anonymous

Does Exness engage in stop hunting? Do they compensate for losses during abnormal rates (tick errors)?

Hercules Finance Staff

Stop hunting does not occur at Exness.

Exness has compensated for losses during incidents of abnormal rates in the past.

Not limited to Forex brokers like Exness, abnormal rates can occur at any Forex company.

In the case of Exness, they handle compensation for losses when abnormal rates (tick errors) occur.

If you determine that an abnormal rate has occurred at Exness, it is recommended to consult with Exness.

Real Reviews 7. You will receive a call after opening an account at Exness

Anonymous

When you open an account at Exness, will you get a call? What should I do if I can’t speak English?

Hercules Finance Staff

You might receive a call if you open an account at Exness.

The call would be from customer support, so you can have a conversation without worry.

Forex broker Exness’s customer support often makes calls to traders to provide support after they open an account.

It is okay to answer calls from Exness as and when you can.

If you have any questions at Exness, you can also inquire from the trader via ticket in the personal area (my.exness.com).

Make an inquiry↗

Real Reviews 8. Exness does not execute orders

Takashi-san

I saw an image of order rejection at Exness. What is that about? Is it difficult to execute orders at Exness?

Hercules Finance Staff

Exness Pro accounts, by default, are set to an instant execution mode which makes it less susceptible to slippage but harder to execute.

Other Exness account types prioritize executions over slippage with a market execution method.

Forex broker Exness’s rejection of orders or failure to execute is mostly seen with Pro accounts.

The following details the different handling methods for each account type at Exness.

Since 2024, Exness Pro accounts also have the option to choose market execution instead of instant execution.

The Difference Between Market Execution and Instant Execution

The Instant Execution in Exness Pro accounts is not without its disadvantages.

The Pro account at Exness has the advantage of choosing Instant Execution, which ensures no slippage, in addition to having a narrower spread compared to Standard accounts.

If you have sufficient funds, starting with a Pro account at Exness, which has a better reputation than a Standard account, is recommended.

Open a Pro account↗

Real Reviews 9. Arbitrage is not prohibited at Exness

Mr. Afro

“I heard that Exness does not prohibit arbitrage. Is that true? Are there no prohibited trades at Exness?”

Hercules Finance Staff

“At Exness, arbitrage and similar practices are generally prohibited. The official website (exness.com) explicitly states in the ‘Agreement on Trading Terms’ (in English) that arbitrage is prohibited.”

Forex broker Exness explicitly prohibits arbitrage in its terms of use.

It is recommended to trade with a Forex broker like Exness, where the rules are clear, rather than with risky Forex brokers or cryptocurrency exchanges that do not prohibit hedging with other companies or arbitrage.

Real Reviews 10. Exness is facing bankruptcy, and insiders are moving to other companies like XS

Mr. Gold

“Why are there rumors that Exness is in a dire financial situation or facing bankruptcy? I am concerned because people from Exness are moving to other companies like XS.”

Hercules Finance Staff

“While we cannot accurately capture the real-time management status of Exness, the stories about Exness’s bankruptcy risk and financial troubles stem from a small truth that has evolved into larger rumors. Due to its size, it is common to see former Exness employees working at other companies in the Forex industry. I have heard stories from former Exness employees now at other brokers about Exness being sold, failing in China, and mass resignations, but these were mostly based on a fraction of the truth.”

We summarize the rumors about Exness, a Forex and CFD broker.

• Exness considering selling itself
  This was a story I heard from a former Exness employee who had handled the Chinese market, among others. Whether the talk of selling at that time was true or not, Exness soon moved into one of the top 10 tallest office buildings in the world.
• Mass layoffs of Chinese staff at Exness
  This was a story I heard from a former Exness employee. In reality, around that time, both staff and traders from the Exness Chinese market moved to other Forex brokers. Initially, this reduced Exness’s sales in the Chinese market, but they have since recovered.
• Exness is planning to worsen its trading environment due to corporate disease
  This was a story I heard from a former executive at Exness. After that story, Exness started new initiatives such as rebranding, launching Exness Dollars, and establishing Exness Bank.

Exness is one of the world’s leading Forex and CFD brokers, with the highest trading volume in these categories, and is audited by external firms like Deloitte Touche Tohmatsu Consulting. While Exness is not without bankruptcy risk, it is one of the industry giants.

Exness, like many in the Forex industry, does not limit transitions to other companies or the establishment of new brokers as an everyday occurrence.

Official Site (exness.com)

List of Forex brokers where former Exness employees have moved

Below is a list of Forex brokers to which people who worked at Exness have moved.

• Tradeview
• Axi
• XS
• Errante
• AximTrade
• CXMDirect
• IUX
• VTMarkets
• MonetaMarkets
• MONAXA

While the trading environment and conditions at other Forex brokers have become similar to Exness, only Exness offers a 30 USD bonus with unlimited leverage.

Real Reviews 11. Exness has the highest trading volume for Forex and CFDs in the world

Mr. Midnight

“Exness claims to be number one in the world, but DMMFX is advertising that they are number one. What are these rankings for?”

Hercules Finance Staff

“Both the ranking where Exness claims to be number one and the one where DMMFX claims to be number one refer to the trading volume rankings by Finance Magnate. DMMFX has become number one in the world in terms of FX trading volume. Meanwhile, Exness has achieved the top spot in the world for trading volume in Forex and CFDs under special financial regulations.”

At Hercules Finance, we focus on Forex brokers like Exness rather than others.

If you’re talking about the world’s number one in Forex, it’s Exness.

Previously, Exness used to publish data such as the number of account openings, the number of active traders, trading volumes, and withdrawal amounts on its official website (exness.com).

Official Site (exness.com)

Real Reviews 12. Swap-free status is quickly revoked at Exness

Mr. FX

“I heard that the USD/JPY and gold are swap-free at Exness. There seems to be talk of revoking swap-free status, but is it true that, like unlimited leverage, there are strict restrictions and hardly any trades can be made swap-free?”

Hercules Finance Staff

“Many traders at Exness can trade popular items like FX, gold, oil, the Nikkei average, and Bitcoin, swap-free. Exness revokes swap-free status for traders it deems to have exceeded the usage limits of swap-free. This restriction on revoking swap-free status is not unique to Exness but is also implemented by other major Forex brokers such as XM and HFM.”

The swap-free status at Forex broker Exness can be checked in the personal area.

Although there is no exact data, the content discussed with insiders at Exness indicates that over 80% of many traders are subject to swap-free status.

The latest application conditions for swap-free status at Exness can also be checked from the settings in the personal area (my.exness.com).

Check Swap-free Status↗

Is Exness’s swap-free superior to others? Are there many restrictions?

Exness’s swap-free offers more freedom than other Forex brokers.

• Time Limit: Semi-permanent. No restrictions such as 2 days after order.
• Eligible Items: Popular items are almost all swap-free.
• Usage Limitations: Swap-free regardless of account type.

Exness does not have restrictions like XM’s KIWAMI extreme account (kiwami account) being the only swap-free one.

Nor does it have a time limit like FXGT or HFM, where orders are only swap-free for a maximum of 5 days.

Real Reviews 13. The minimum deposit amount at Exness is high

Mr. Company Employee

“Why can’t I do the 10 USD challenge at Exness? I’m also concerned that the minimum deposit amount is over 200 USD.”

Hercules Finance Staff

“The minimum deposit amount at Exness is, only 100 USD is required for the first time.

For a Standard account and Standard Cent account, the minimum deposit amount at the time of the first deposit is equivalent to 150 USD.

For a Pro account, Zero account, and Low Spread account, the minimum deposit amount at the time of the first deposit is equivalent to 1,000 USD.

For each FX account at Exness, from the second deposit onwards, you can deposit from a few USD.”

The minimum deposit amount for the first time at Forex broker Exness was raised in December 2023.

You cannot do the 100 USD challenge from the start at Exness, but from the second deposit onwards, you can deposit from as little as 1 USD.

Check the Deposit Page↗

What does a subsequent deposit at Exness mean?

At Forex broker Exness, the minimum deposit amount varies with the number of deposits to the FX account.

Once the leverage release conditions are met in any FX account at Exness, unlimited leverage can be set from the start for any subsequent accounts opened.

Real Reviews 14. The spreads at Exness are wide and not narrow

Trader

“Why are the spreads at Exness not narrow at all?”

Hercules Finance Staff

“The spreads at Exness vary completely by account type. If you want the narrowest spreads, please choose the Zero account. While there is a small transaction fee for Exness’s Zero account, you can trade popular items at zero spread (0 pip spread).”

At Forex broker Exness, the spreads and transaction fees vary completely by account type.

Below is a comparison table of spreads and transaction fees for the USDJPY (US Dollar to Japanese Yen) by account type at Exness.

The transaction fee for Exness’s Zero account, for example, is 0.7 USD for a 0.1 lot (10,000 currency units) order of USDJPY.

The transaction fees are not high, so if you are particular about spreads, Exness’s Zero account is recommended.

Open a Zero Account↗

Real Reviews 15. Joining Exness Premier has no meaning

Professional Trader

“I have heard that joining Exness Premier requires a high amount of personal funds, but there aren’t many benefits. What are the advantages of becoming an Exness Premier trader?”

Hercules Finance Staff

“There are several exclusive bonuses and services for Exness Premier. While the recent perks for Exness Premier have been repetitive, there are occasional offers like iPhone giveaways, so if you can achieve it, it is recommended to do so. According to insiders at Exness, there are no plans to end Exness Premier but rather a direction to increasingly utilize it.”

Below are the main perks of Exness Premier.

• Premier Continuation Reward Bonus
• Dragon Pass
• Birthday Gift

Personally, given the current compliance policy at Exness, it may be difficult to offer further significant perks or services through Exness Premier.

While the current services may not be worth achieving at all costs, if you can achieve Exness Premier, it is recommended to do so.

Real Reviews 16. Scams involving fake Exness sites are occurring

Mr. Lifetime Negative

“Exness is warning about scams. What has happened?”

Hercules Finance Staff

“Exness is raising awareness about fraud and hacking-related scams. There have been instances of scams involving fake Exness apps, imitation Exness sites, and emails pretending to be from Exness. If you suspect something is amiss at Exness, it’s best to contact customer support (my.exness.com).”

The types of fraud occurring with FX brokers like Exness are as follows.

• Fraud through fake apps
• Fraud through imitation sites
• PC hacking

The fraud involving fake Exness apps and imitation sites is often only distinguishable by minor differences in display.

Regarding unauthorized withdrawals to third parties due to PC hacking, Exness has recently tightened withdrawal rules so that withdrawals can only be made to online wallets registered under the same email address.

To avoid being scammed by someone pretending to be Exness, download apps and obtain Exness information only from the official Exness website (exness.com) or Exness personal area (my.exness.com).

Official Site (exness.com)

There are scams posing as FX brokers, as well as data breaches by FX brokers

Not all entities claiming to be FX brokers are legitimately operating with a license.

There are scam operators posing as FX brokers.

Unfortunately, even financial-license-holding FX brokers can be launched targeting only traders, such as newly established brokers by owners with no track record or FX brokers that cause accidents by leaking important trader personal information due to sloppy information management systems.

When opening an account or receiving bonuses with minor or newly established brokers, extreme caution is necessary.

Real Reviews 17. Trading is possible at Exness even without completing identity verification

Anonymous

“It seems that trading is possible at Exness even without completing identity verification. Is it okay to start Forex by depositing money and trading as it is?”

Hercules Finance Staff

“You can trade Forex at Exness even without completing identity verification. Although not recommended, traders who want to start trading Forex immediately without having documents on hand for identity verification can deposit funds via bank transfer and also withdraw profits at Exness.”

At Forex broker Exness, the amount and methods available for depositing increase as you progress with identity verification.

To avoid problems such as not being able to withdraw from Exness, it is recommended to fully complete identity verification before starting Forex trading.

Open an Account with Your Email↗

Withdrawal issues at Exness when identity verification is incomplete

Below are examples of withdrawal issues that have occurred at Exness when identity verification is incomplete.

• Bank withdrawal was rejected for sending to a third-party bank account
  If identity verification is incomplete, the registered name at Exness and the bank account name for withdrawal may be considered mismatched.
• The old surname was automatically loaded, and bank withdrawal was rejected for sending to a third-party bank account
  Exness promotes completion of identity verification through machine reading rather than human checks, and depending on the reading results, it may be necessary to contact customer support.

If you are unsure about how to open an account or complete identity verification at Exness, check the Exness manual.

Real Reviews 18. Exness conducts income proof and funds source investigations

Anonymous

“Traders at Exness are talking about income proof? Funds source investigation? What is this about? Are there restrictions on deposits, etc.? If not approved, can you not withdraw?”

Hercules Finance Staff

“Exness’s income proof (funds source investigation) is a check conducted to prevent money laundering, based on the financial licenses Exness holds, registration regulations, and compliance policies. The funds source investigation at Exness started in August 2024 and initially involved a randomly selected part of traders. The selected traders must submit bank transaction histories and pay slips to Exness to prove the origin of the funds deposited.”

Additional documentation for income proof and funds source investigation, referred to as Exness’s income proof or funds source investigation, may become mandatory for all traders at Exness in the future.

Below are examples of additional documents requested for Exness’s income proof.

• Bank account transaction history
• Pay slips
• Withholding tax certificate

For example, if you are depositing funds earned from other FX brokers (FX brokers/FX companies) into Exness, you need to submit documents showing how those funds were acquired and the route of deposit into Exness.

Income proof is a separate process from identity verification (KYC).

Official Site (exness.com)

Will you pass Exness’s income proof and funds source investigation? What if you don’t?

I have successfully passed Exness’s income proof and funds source investigation.

Exness does not perform detailed checks like “this salary was deposited into Exness on this day,” but rather, as long as they can ascertain that the trader has the financial capacity to deposit the funds they are depositing into Exness, it’s okay.

Also, if you fail Exness’s income proof or funds source investigation or get stuck with additional document requests from Exness, you will face deposit and trading restrictions.

It’s not true that failing Exness’s income proof or funds source investigation means you cannot withdraw and will face withdrawal denials.

If you have any questions, contact Exness customer support (my.exness.com).

Real Reviews 19. You cannot receive bonuses at Exness

Anonymous

“Can you not receive bonuses at Exness? One of the attractions of FX is the bonuses, such as account opening bonuses or 100% deposit bonuses, even if the spreads are wide.”

Hercules Finance Staff

“You can indeed receive bonuses at Exness. Exness offers a 100 USD account opening bonus to one person each month and up to 150 USD in 100% deposit bonuses.”

Forex broker Exness offers five types of bonuses.

• Account opening bonus 100 USD (one person per month)
• 100% deposit bonus up to 150 USD
• Unlimited leverage bonus 30 USD
• Exness Premier
• Exness Dollars 1 EXD=1 USD

At Exness, you can receive either an account opening bonus, a 100% deposit bonus, or an unlimited leverage bonus.

There are also limited-time campaigns, so check the list of bonuses at Exness.

Receive a Bonus

Speaking of bonuses at Exness, the unlimited leverage bonus

The most popular bonus at Exness is the unlimited leverage bonus.

Once you change the leverage to 21 billion times unlimited leverage at Exness, you can receive a 30 USD unlimited leverage bonus.

Please proceed to apply for the Exness unlimited leverage bonus.

Real Reviews 20. Has Exness’s Exness Dollars (EXD) ended?

Anonymous

“I am not accumulating Exness Dollars. Why is that?”

Hercules Finance Staff

“Exness Dollars (EXD) are restricted in some countries and regions. Whether you are eligible for Exness Dollars (EXD) can be seen by checking the Exness Dollars displayed in your personal area (my.exness.com).”

Forex broker Exness started offering Exness Dollars on a trial basis in March 2024.

Although the number of eligible participants is gradually increasing, not all traders who have opened accounts at Exness are yet eligible for Exness Dollars (EXD).

Traders who received the above email from Exness are eligible for the loyalty program called Exness Dollars.

FAQs to summarize the article

What unique features does Exness offer?

Exness offers unlimited leverage, a Pro Account with no transaction fees, swap-free options for swing trading, and stop out protection to prevent forced closures even if the balance goes negative.

Is there a welcome bonus for new users at Exness?

New users receive a 30 USD bonus upon account registration, which leverages some of Exness’s standout offerings.

What criticisms does Exness face despite its popularity?

Exness has faced criticism including rumors of withdrawal denials and other service-related issues, although the company actively refutes these claims.

How user-friendly is the Exness trading platform?

The platform integrates user-friendly tools with TradingView, helping traders plan their transactions with information on leverage restrictions.

Does Exness participate in Forex industry awards?

Yes, Exness actively participates in Forex Awards and has won multiple awards, continuously updating its service offerings.

How does Exness handle leverage and trading limits?

Exness showcases times of leverage restrictions through its platform, aiding traders in making informed trading decisions.

Are there any recent innovations introduced by Exness?

Exness has introduced innovations such as Exness Premium and Exness Dollars, enhancing its service offerings.

What is Exness’s reputation in the trading community?

Exness is recognized for its advanced trading features and has won first place in finance rankings, reflecting a strong reputation despite mixed reviews.

Can traders use high leverage without restrictions at Exness?

While Exness offers high leverage options, there are certain times when restrictions apply, which are clearly indicated on the trading platform.

What measures does Exness take to ensure transparency and reliability?

Exness maintains transparency about its operational status and continuously updates its services, ensuring reliability in its offerings.