Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Exness Trade

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

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

Website

Rating Index

Contact

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

license Forex License

risk

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

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

Basic Information

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

Users who viewed Exness Trade also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
TMGM

TMGM

8.58
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
TMGM
TMGM
Score
8.58
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GO Markets

GO Markets

8.98
Score
20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
20+ yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website
vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

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

Company Profile

Company Profile

Review summary

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

Exness Trade Information

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

Exness Trade Information

Pros and Cons

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

Is Exness Trade Legit?

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

Is Exness Trade Legit?
Is Exness Trade Legit?

What Can I Trade on Exness Trade?

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

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

Account Type

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

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

Exness Trade Fees

The spread is as low as 0.3 pips and 0% commission. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Exness Trade cooperates with the authoritative MT4 trading platform available in IOS, Laptop, PC, and Android to trade. Besides, it offers a propriety Allpips trading platform available in IOS, Laptop, PC, and Android Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

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

Deposit and Withdrawal

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

Deposit and Withdrawal

Company Profile

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

Wiki Q&A

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

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

04-02
United States

Is Exness Trade suitable for forex trading beginners?

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

04-02
United States

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

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

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

Three days ago

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

Three days ago

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

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

Three days ago

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

Three days ago
View More
Write a Review
1
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com