EXNESS Dubai - EXNESS Forex Broker Review in Dubai, UAE

Exness is an exemplary forex broker in the FX industry due to its customer-oriented business strategy. Ever since its establishment in 2008, Exness has prioritized its clients' needs by creating the most convenient and secure trading environment. Moreover, the company’s dedication to its clients has paved the way for more than 72,700 active traders worldwide engaging in $325 billion monthly trading volumes as of December of 2019.

In addition to its continuous and steady growth, Exness has successfully obtained licenses from several regulatory authorities, such as the CySEC of Cyprus, FSA of Seychelles, FSCA of South Africa, and FCA of the UK.

At Exness Dubai, UAE, traders can trade a variety of instruments, including forex, metals, cryptocurrencies, energies, stocks, and bonds. They can also use multiple trading accounts based on their trading strategies and skillset. The Standard and Cent accounts are for general or new traders, while Raw, Zero, and Pro accounts are more suitable for professional traders.

With only $1 of your capital, Exness allows you to enjoy a low-cost trading experience, low spreads from 0 pips, zero/low commission, and super-fast order execution. All the above-mentioned services can be accessed on the MetaTrader 4 and MetaTrader 5 trading platforms. Exness also offers unlimited leverage services (1: Unlimited); a service which is not often offered by all forex brokers. The broker is committed to facilitating deposit and withdrawal services across various payment systems, including credit cards (Visa/MasterCard), and e-wallets (Skrill, Neteller, WebMoney, Perfect Money, and Bitcoin).

Furthermore, various educational and support programs are offered to Exness clients in the form of video courses, forecast analytics, market news, as well as scheduled webinars. In the event of encountering any trading-related problems, traders can reach out to the company’s help center and get the assistance they need. Traders can also contact the Exness 24/7 Multilanguage support service via email, phone call and live chat.

EXNESS Dubai Trading Accounts

Exness Dubai (UAE) offers different types of trading accounts to traders with different levels of trading proficiency and risk appetite.

The standard and standard cent accounts are simpler, and therefore, more suitable for new traders. Professional traders can enjoy the excitement of using Exness accounts, such as Raw, Zero, and Pro spreads which require an advanced level of trading knowledge.

The company's most popular account is the Exness Standard account which is available on the MetaTrader 4 and MetaTrader 5 trading platforms. The Standard account is a comprehensive trading account for general traders who prefer commission-free trading with flexible spreads as low as 0.3 pips. With only a $1 deposit, traders can open a standard account and take advantage of the maximum leverage of 1:2000 on MetaTrader 5 and 1: Unlimited on MetaTrader 4 with an unlimited number of maximum trading positions.

New traders are advised to upgrade from a demo account to a less risky live account, such as the standard Exness Cent account, accessible on MetaTrader 4. In this way, traders can trade in micro lots with only a $1 deposit. This account comes with spreads as low as 0.3 pips and leverage as high as 1: Unlimited.

The Standard Cent account does not require any commission; however, the available trading tools are limited to forex currency pairs and metals only.

The Exness Raw account is very popular with experienced traders who want lower spreads and a more stable commission. The spreads in this account are as low as 0 pips which will be available by depositing a minimum of $200. Traders can open an unlimited number of trading positions with a commission as low as $3.5 per lot. In addition, the leverage service can be used on MetaTrader 5 and MetaTrader 4 (1: Unlimited) trading platforms.

The Exness Zero account is more suitable for professional traders who prefer to trade using real market pricing. This account allows traders to get spreads as low as 0 pips on 30 currency pairs by depositing a minimum of $200. However, traders are to pay a $3.5 commission for each traded lot to take advantage of the unlimited number of trading positions and flexible leverage of 1:2000 on MetaTrader 5 and 1:Unlimited on MetaTrader 4.

The Exness Pro is the best trading account offered by the broker which allows traders to benefit from instant order execution with no commission. By making a $200 deposit, traders can benefit from low spreads of 0.1 pips and high leverage of 1:2000 on MetaTrader 5 and 1:Unlimited on MetaTrader 4.

Standard

Minimum Deposit: 10 USD
Leverage: 1:2000 (MT5), 1:Unlimited (MT4)
Minimum trade size: 0.01
Spread Type: Floating from 0.3 pips
Commission: No
Account Currency: USD, GBP, EUR, AUD, CHF, CAD
Platforms: MT4, MT5

👉 Open Standard

Standard Cent

Minimum Deposit: 100 Cent
Leverage: 1:2000 (MT5), 1:Unlimited (MT4)
Minimum trade size: 0.01
Spread Type: Floating from 0.3 pips
Commission: No
Account Currency: USD, GBP, EUR, AUD, CHF, CAD
Platforms: MT4

👉 Open Standard

Raw Spread

Minimum Deposit: 200 USD
Leverage: 1:2000 (MT5), 1:Unlimited (MT4)
Minimum trade size: 0.01
Spread Type: Floating from 0 pips
Commission: Yes, up to 3.5 USD per lot/side
Account Currency: USD, GBP, EUR, AUD, CHF, CAD
Platforms: MT4, MT5

👉 Open Raw Spread

Zero

Minimum Deposit: 200 USD
Leverage: 1:2000 (MT5), 1:Unlimited (MT4)
Minimum trade size: 0.01
Spread Type: 0 pip
Commission: Yes, up to 3.5 USD per lot/side
Account Currency: USD, GBP, EUR, AUD, CHF, CAD
Platforms: MT4, MT5

👉 Open Zero

Pro

Minimum Deposit: 200 USD
Leverage: 1:2000 (MT5), 1:Unlimited (MT4)
Minimum trade size: 0.01
Spread Type: Floating from 0.1 pips
Commission: No
Account Currency: USD, GBP, EUR, AUD, CHF, CAD
Platforms: MT4, MT5

👉 Open Pro

EXNESS Dubai Deposit & Withdrawal Methods

Exness offers instant deposits and withdrawals via various methods, such as Credit cards, e-wallets, and internet banking without additional fees.

🔸 E-Cards (Visa, MasterCard)
🔸 SticPay
🔸 Skrill
🔸 Neteller
🔸 Perfect Money
🔸 WebMoney
🔸 Online Banking
🔸 Bitcoin

At Exness, traders can also withdraw their funds instantly from their accounts. Trade using the following payment methods:

🔸 SticPay
🔸 Skrill
🔸 Neteller
🔸 Perfect Money
🔸 WebMoney

Exness does not charge additional fees for deposits and withdrawals; however, the company is not responsible for any transaction fees charged by the banks, payment systems, or credit card providers. With that in mind, you should double-check with your financial/banking institutions for any additional or hidden fees.

Bear in mind that the name registered on your payment system should be the same as the one used in your trading account because Exness does not accept any payments from third parties to prevent any fraudulent activities such as money laundering.

EXNESS Broker Safety of Funds

Exness is regulated by several major supervisory entities, such as the CySEC of Cyprus, FSA of Seychelles, FSCA of South Africa, and FCA of the UK. Therefore, the company is bound by the regulations to meet certain standards, such as keeping the clients' funds in segregated bank accounts, completely separate from the company's funds, and maintaining a certain amount of capital.

Exness provides a quarterly financial report and a detailed record of its price movements on the official website to show complete transparency towards its clients. This financial report is audited by Deloitte, one of the world's biggest audit firms.

Additionally, all Exness trading accounts come with an additional layer of security, including a two-factor authentication via SMS and email.

EXNESS Broker Spreads

The spreads offered by Exness are floating with low/zero commission based on the trading account.

The Exness Pro account comes with flexible spreads as low as 0.1 pips, and Exness Cent and Standard accounts come with spreads as low as 0.3 pips with no commission.

The Exness Raw and Zero accounts are offered with floating spreads starting from 0 pips; however, traders who want to use these two accounts need to pay a $3.5 commission per lot traded.

The available spreads for the most common currency pairs are counted in pips as follows:

EXNESS Broker Trading Platforms

Exness offers two of the most popular trading platforms, i.e. MT4 and MT5.

MetaTrader 4 can be accessed on Android, iOS, Windows, Mac, Linux, and multi-platform using the Standard Cent, Standard, Raw Spread, Pro, and Zero accounts. Two types of order execution are available, namely instant and market order. This platform offers 23 analytical tools, 30 built-in technical indicators in addition to automated trading with Expert Advisors (EAs). All communications are encrypted using 128-bit keys.

The MetaTrader 5 platform offers improved interface, output, and performance. Traders can take advantage of 38 built-in indicators, 22 analytical tools, 46 charting tools, as well as 1-minute charts and up to 21 timeframes on Standard, Raw Spread, Pro, and Zero accounts. This platform can be accessed on Mac, Windows, iOS, and Android with instant and market order execution.

Traders can also use the Web terminal from MetaQuotes to start trading. It does not require you to download or install anything. This easy-to-use, fast and reliable web platform is securely encrypted and offers 50 charting tools and 100 indicators. The chart is provided by TradingView.

Financial Markets at EXNESS Dubai

At Exness, traders can benefit from convenient trading in a variety of trading instruments.

Forex pairs, metals, energies, cryptocurrencies and stock indices are available on both MT4 and MT5 platforms. Meanwhile, shares can only be traded using the MT5 platform.

Almost all Exness accounts offer trading in 107 currency pairs, 12 types of metals and energies, 13 cryptocurrencies, as well as 81 stock indices and stocks. Keep in mind that the standard cent account is more limited and only supports 34 currency pairs, gold, and silver