History and Founding of Exness
Founded in 2008, Exness was established by a group of finance and IT professionals with the goal of creating a broker that prioritizes transparency, trust, and technological innovation. Starting as a small company, Exness has grown into one of the leading brokers in the industry, with a strong global presence and millions of clients worldwide.
Exness Today
Exness has evolved into a global leader in the online trading industry, serving clients across multiple regions and continents. With over 600,000 active traders and a monthly trading volume exceeding $2 trillion, Exness stands as a powerhouse in the financial markets. The company operates under several regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK, ensuring a safe and secure trading environment for its clients.
Exness Commitment to Security and Transparency
At Exness, maintaining the highest levels of security and transparency is at the core of its operations. As a globally recognized and regulated broker, Exness is committed to providing a secure trading environment where clients can trade confidently, knowing that their funds and personal data are protected. Here’s how Exness upholds its commitment to security and transparency:
1. Client Fund Protection
Exness ensures that all client funds are kept safe by adhering to strict industry standards:
- Segregated Accounts: Client funds are stored in segregated bank accounts, separate from the company’s operational funds. This ensures that your funds are only used for trading purposes and are not mixed with the broker’s finances.
- Top-Tier Banks: Exness works with reputable banks to hold client funds, offering an additional layer of security for its clients.
2. Regulation and Licensing
Exness operates under multiple regulatory authorities to ensure a secure and compliant trading environment:
- Cyprus Securities and Exchange Commission (CySEC): Exness is authorized and regulated by CySEC, ensuring adherence to strict European regulatory standards.
- Financial Conduct Authority (FCA): Exness is also regulated by the FCA in the UK, one of the most respected financial regulators globally.
- Additional Licenses: Exness holds licenses from other regulatory bodies, including the Seychelles Financial Services Authority (FSA) and the South African Financial Sector Conduct Authority (FSCA), covering its operations in different regions.
3. Regular Financial Audits
Transparency is one of Exness’s core values, and the company undergoes regular independent audits to maintain the trust of its clients:
- Audit by Deloitte: Exness works with Deloitte, one of the “Big Four” global auditing firms, to conduct independent audits of its financials. The results of these audits are published for public viewing, ensuring complete transparency about the company’s financial health and operations.
- Public Reporting: Exness regularly publishes its financial performance, including trading volume, client withdrawals, and key financial metrics. This transparency gives traders confidence in the broker’s reliability and operational integrity.
4. Advanced Data Encryption
Exness takes data security seriously and employs state-of-the-art encryption technologies to safeguard client information:
- SSL Encryption: The platform uses SSL (Secure Sockets Layer) encryption to protect all data transmitted between the client and Exness’s servers. This ensures that personal and financial information is secure and inaccessible to unauthorized third parties.
- Secure Transactions: Every transaction, including deposits and withdrawals, is processed through secure and encrypted channels to prevent fraud and data breaches.
5. Risk Management Tools
Exness provides traders with access to a range of risk management tools that enhance security by helping them control their trading exposure:
- Stop Loss and Take Profit: Traders can set Stop Loss and Take Profit levels to automatically close trades and minimize losses or lock in profits.
- Negative Balance Protection: Exness offers negative balance protection, ensuring that traders will never lose more than their initial investment, even during extreme market conditions.
- Leverage Control: Traders can adjust their leverage settings based on their risk tolerance, allowing them to control the size of their positions and manage potential exposure more effectively.
6. Transparent Trading Conditions
Exness is committed to providing fair and transparent trading conditions:
- No Hidden Fees: Exness’s fee structure is clear and transparent, with no hidden commissions or unexpected charges. Traders can view all trading fees, including spreads, swaps, and commissions, before placing their trades.
- Real-Time Pricing: The broker ensures that all clients receive real-time market prices without manipulation. This transparency guarantees that traders execute trades at the most accurate prices.
- Execution Transparency: Exness provides detailed information on execution speeds and ensures that all trades are executed promptly, with no re-quotes or unfair slippage.
7. Customer Support and Transparency
Exness offers 24/7 multilingual customer support, ensuring that clients can access help whenever needed:
- Open Communication: The support team is transparent and ready to assist clients with any inquiries about trading conditions, account security, or financial operations.
- Educational Resources: Exness provides a wide range of educational materials and resources to ensure clients understand the trading process, risk management, and platform functionalities clearly.
Exness Core Values
- Innovation: Exness is constantly innovating its services and platforms to meet the evolving needs of traders.
- Integrity and Transparency: Exness operates with a commitment to fair trading practices, and its transparent fee structures and execution policies ensure a trustworthy trading environment.
- Client-Centric Approach: The company offers 24/7 customer support in multiple languages, ensuring that clients receive timely assistance whenever they need it.
Awards and Recognitions
Over the years, Exness has received numerous industry awards for its excellence in trading conditions, customer service, and innovation in the financial markets. These awards solidify Exness’s reputation as a leading broker in the online trading space.
Exness Social Responsibility
Exness is committed to making a positive impact through its Corporate Social Responsibility (CSR) initiatives. These efforts focus on sustainability, environmental protection, and contributing to various community development projects worldwide.
FAQ: About Exness
What is Exness?
Exness is a global online broker offering access to various financial markets, including Forex, metals, cryptocurrencies, indices, and commodities. Founded in 2008, Exness provides trading services to both retail and professional traders with a focus on transparency, security, and innovative technology.