Traders can take their trading to the next level. Exness offers leading conditions and robust platforms to give your strategy the advantage it deserves. You can trade with tight and predictable spreads on all instruments.
- Louis Schoeman
Updated : May 22, 2025
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Min Deposit
USD 5/ 292,18 PHP
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Exness is one of the online brokers we investigated. For various reasons, it really stood out as one of the best online forex and CFD brokers.
Exness is a global multi-asset broker that was founded in 2008 with the mission to reshape the online trading industry. Since its inception, Exness has grown into one of the largest retail brokers in the industry by trading volume and active clients.
Exness offers trading in forex, cryptocurrency, stocks, indices, metals, and energies, all of which can be traded on its proprietary Exness trading terminal. The broker was driven by its desire to create a platform that truly benefited its clients and gives their clients the best chance of success.
Exness also stands out for its commitment to regulatory compliance and client security, both of which are critical in this high-stakes trading environment, especially for Filipino clients.
We found that the broker is licensed by top-tier authorities worldwide, ensuring a safe and competitive trading environment.
In addition, Exness also provides segregated accounts and membership in compensation funds, which provides the extra layers of security that Filipino traders require.
Exness is also an award-winning broker that received the Best Multi-Asset Broker at the 2025 Brokersview Awards in the Middle East and the Most Trusted Broker and Best IB/Affiliate Programme at the 2025 iFX EXPO in Dubai.
This indicates its creative client solutions, strong platform, and broad market reach. Besides the in-house trading platform, Filipino traders also have access to the popular MetaTrader 4 and MetaTrader 5 platforms, which are the preferred platforms of many traders worldwide.
With these platforms, traders can trade with a modest minimum deposit, making it available to a diverse spectrum of investors. Our research further indicated that Exness creates the best pricing and execution possible, giving its clients the best trading experience.
Its proprietary algorithms and expansive trading infrastructure offer superior conditions, including fast and reliable execution, low and stable spreads, and no overnight charges.
Exness’ affiliate program is also extremely lucrative, paying up to 40% of the revenue from active traders brought to the platform, with potential rewards of up to $1,850 per referral. This would appeal to Filipino traders looking to profit from the forex market as traders and partners.
With all the benefits mentioned above, Exness will definitely appeal to Filipino traders.
Is Exness a trustworthy broker for Filipino traders?
Yes, Exness is a reputable online multi-asset broker established in 2008 and officially registered and regulated by various financial authorities across the globe. In addition to its strong regulatory framework, Exness prioritizes client security by implementing robust protective measures.
Is Exness available for traders in the Philippines?
Yes, Exness is available to Filipino traders, with trading conditions adapted to their needs.
At a Glance
🔢 Established Year | 2008 |
⌛Regulation and Licenses | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
5️⃣Ease of Use Rating | 5/5 |
🎁Bonuses | None |
⏰Support Hours | 24/7 |
📊Trading Platforms | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness App |
🗂️Account Types | Standard, Standard Cent, Raw Spread, Zero, Pro, Social Standard, Social Pro, Demo, Islamic |
💰Base Currencies | USC, EUC, GBC, CHC, AUC, CAC, AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
✏️Spreads | From 0.0 pips EUR |
⬆️Leverage | Unlimited |
💷Currency Pairs | 100+ |
💴Minimum Deposit | 580 PHP ($10) – depends on payment system |
💶Inactivity Fee | None |
🗣️Website Languages | English, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi, etc. |
💵Fees and Commissions | Spreads from 0.0 pips, commissions from $0.1 |
🤝Affiliate Program | ✅ Yes |
❌Banned Countries | USA, American Samoa, Baker Island, Guam, Howland Island, Kingman Reef, Marshall Islands, Northern Mariana Islands, Puerto Rico, Midway Islands, Wake Island, Palmyra Atoll, Jarvis Island, Johnston Atoll, Navassa Island, Martinique, US Virgin Islands, and the United States Minor Outlying Islands, Canada, Curaçao, Cuba, Sint Maarten, Falkland Islands, Uruguay, Australia, New Zealand, Vanuatu, North Korea, Malaysia, Singapore, Aland Islands, Andorra, Austria, Belarus, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Italy, Ireland, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Norway, Netherlands, Poland, Portugal, Romania, Russia, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Vatican City, Seychelles, Sudan, South Sudan, Réunion, Iraq, Iran, Israel, Syria, Yemen, Palestinian Territory |
✴️Scalping | ✅ Yes |
✳️Hedging | ✅ Yes |
🛢️Trading Instruments | Forex, Commodities, Stocks, Indices, Cryptocurrencies |
🚀Open an Account | 👉 Click Here |
Regulation and Safety of Funds
Regulation in the Philippines
Bangko Sentral NG Pilipinas (BSP) does not regulate Exness. However, BDSwiss’ global regulations are listed in the table below.
Global Regulations
🔍Registered Entity | 🌎Country of Registration | 🔢 Registration Number | ⌛Regulatory Entity | 📊Tier | ✏️License Number/Ref |
🥇Nymstar Limited | Seychelles | 8423606-1 | FSA | 3 | SD025 |
🥈Exness B.V. | Saint Maarten | 148698(0) | CBCS | 3 | 0003LSI |
🥉Exness VG Limited | British Virgin Islands | 2032226 | FSC BVI | 3 | SIBA/L/20/1133 |
🏆Tortelo Limited | Mauritius | 176967 | FSC | 3 | GB20025294 |
🥇Vlerizo (Pty) Ltd | South Africa | 51024 | FSCA | 2 | FSP 51024 |
🥈Exness (CY) Ltd | Cyprus | HE 293057 | CySEC | 2 | 178/12 |
🥉Exness (UK) Ltd | United Kingdom | 0886148 | FCA | 1 | FSR 730729 |
🏆Tadenex Limited | Kenya | N/A | CMA | 2 | 162 |
Protection of Client Funds
🔍Security Measure | ℹ️ Information |
🗂️Segregated Accounts | ✅ Yes |
👤Compensation Fund Member | ✅ Yes, Financial Commission |
💵Compensation Amount | €20,000 per client |
🎓SSL Certificate | ✅ Yes |
2️⃣2FA (Where Applicable) | ✅ Yes, Exness App |
⛔Privacy Policy in Place | ✅ Yes |
⚠️Risk Warning Provided | ✅ Yes |
❌Negative Balance Protection | ✅ Yes |
🛑 Guaranteed Stop-Loss Orders | ✅ Yes, above 1.2 pips |
Is Exness registered in the Philippines?
Exness is quite popular in the Philippines, and although the broker does not have a license from the local financial regulatory authority, it is regulated in a reliable jurisdiction through authorities like CySEC, FSA, FSC BVI, and more.
Where is the headquarters of Exness?
Exness is a Cyprus Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12 and headquarters in Limassol.
Awards and Recognition
Exness has won a number of awards throughout its years in operation. This year alone, it has already won the following awards for a range of services and products:
✅In Dubai, UAE, it won the Brokersview Award for Brokers with Outstanding Assessment in the Middle East. This was a recognition of its proficiency and leadership in the region’s multi-asset trading market.
✅At the IFX EXPO held in Dubai, UAE, Exness received the Most Trusted Broker MEA award, demonstrating the broker’s dependability and solid reputation in the Middle East and Africa.
✅A second award at the same event, Exness got the Best IB/Affiliate Programme MEA. This recognized its outstanding affiliate and introducer broker programs in the region.
✅The Best Trading Conditions award was received at the UF Awards LATAM in recognition of the broker’s exceptional trading environments and conditions.
Account Types
🔍Broker | 💴Minimum Deposit | 🚀Open an Account | ⬆️Leverage | 📊Platforms |
🥇Standard | 580 PHP ($10) | 👉 Click Here | Unlimited | All |
🥈Standard Cent | 580 PHP ($10) | 👉 Click Here | Unlimited | All |
🥉Raw Spread | 29,032 PHP ($500) | 👉 Click Here | Unlimited | All |
🏅Zero | 29,032 PHP ($500) | 👉 Click Here | Unlimited | All |
🏆Pro | 29,032 PHP ($500) | 👉 Click Here | Unlimited | All |
🥇Social Standard | 29,032 PHP ($500) | 👉 Click Here | 1:200 | All |
🥈Social Pro | 116,130 PHP ($2,000) | 👉 Click Here | 1:200 | All |
Standard Account
This is Exness’s most popular account, suitable for all levels of traders. A low minimum deposit is required, meaning traders can begin with an amount that does not expose them to significant risk. It offers a transparent fee structure.
Standard Cent Account
This is an excellent option for beginner traders. Our research indicated that this account offers a real market experience and low risks by allowing trading in micro-lots. It also requires a very low minimum deposit.
In our opinion, this is the best choice if you are still learning and are not yet ready for high-volume trading.
Raw Account
The Raw account offers the lowest spreads with a fixed commission per lot on market execution.
Zero Account
We found that the Zero account offers zero spread on the top 30 instruments. It offers market execution with no requotes. It is specifically designed with high-frequency and scalpers in mind.
It is ideal for Filipino traders prepared to spend more for the potential of tighter spreads and faster execution.
Pro Account
The Pro Account is Exness’ instant execution account, with zero commission and low spread. It offers forex, metals, cryptocurrencies, energy, equities, and indices for trading. This account offers Filipinos the best possible trading conditions and benefits.
Social Standard Account
With the Social Standard account, you can get started as a strategy provider. It comes with a lower minimum deposit, market execution, and low and stable spreads.
With this account, Filipino traders will be introduced to the world of social trading, engage with a community, and replicate the transactions of more experienced traders.
Social Pro Account
Filipino traders who are highly committed to social trading and want advanced features can use the Exness Social Pro Account. It comes with instant execution, the lowest and most stable spreads, and a higher minimum deposit.
Islamic Account
In addition to the above-mentioned account types, Exness offers a Swap-Free Islamic Account that adheres to Islamic financial practices. Traders who reside in Islamic countries have the option to open a swap-free account on any of the live account types.
These accounts do not charge swaps on overnight holdings and have no additional costs. Filipino traders who follow the Islamic religion can thus respect their religious beliefs and still engage in the financial markets.
Demo Account
If you want to register for a demo account, you will receive $10,000 in virtual funds, with which you can practice trading methods without the risk of losing any real money.
It will remain open as long as you frequently use the demo account. However, it will be deleted after 21 days if you don’t use it. Our research indicated that traders can trade on any financial instrument and test many approaches on PCs and mobile devices.
Which account type is best in Exness?
The Standard account is the best option for beginners due to its fixed spreads, low minimum deposit, and high leverage. However, the Pro and Raw Spread accounts may suit experienced traders requiring lower spreads and faster execution speeds.
Do Filipino traders need to verify their accounts with Exness?
Yes, to verify your account at Exness, you must present identifying documents such as a passport or ID card and a current utility bill or bank statement to confirm domicile.
How to Open an Account Step-by-Step
Filipinos can register for an account with Exness. Follow these steps:
Step 1: Go to the official website and click on the yellow “Register” button
Step 2: Complete the online registration form
You must complete a registration form and fill in the personal details required. You’ll also have to create a password.
Step 3: Wait for verification from Exness
Submit the form, and Exness will email you a verification code, which you need to click to confirm your email address.
- Now, you can log into your new account and upload further documents to complete your identity verification. This includes a copy of your ID or passport and a recent utility bill or bank statement as proof of residency.
- Exness will verify these documents and then approve your account for trading.
- Make the required minimum deposit through any payment method, and you will be ready to start trading.
Is leverage available on Exness accounts?
Yes, leverage is accessible, with the maximum leverage variable depending on the account type and the balance.
Can Filipinos open an account online with Exness?
Yes, the account opening process is entirely online and normally takes only a few minutes.
Min Deposit
USD 5/ 292,18 PHP
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading Platforms and Software
Exness offers Filipino traders the following Trading Platforms:
➡️MetaTrader 5
➡️MetaTrader 4
➡️Exness Trader App
➡️Exness Web Terminal
MetaTrader 5
Our research on MetaTrader 5 indicates that it offers increased functionalities and features and quickly became one of the most popular trading platforms by online foreign exchange traders and brokerage services worldwide.
With MT5, Filipino traders can trade CFDs. It is also a powerful platform for currency pairs and other financial instruments. Download it for free.
The trading platform provides numerous tools to enhance Filipino traders’ trading experience, such as fundamental and technical analysis, trading signals, and algorithmic trading. The platform also broadcasts the latest financial news reports to keep traders up-to-date on the markets.
Due to the trading signals and copy trading capability in MT5, traders can follow the signals of successful traders and copy their trading strategies.
The trading platform is available for Windows, macOS, and Linux-powered desktops, and traders can also do mobile trading on their iOS and Android smartphones and tablets.
Equipped with all the integral trading tools, including trading orders, interactive charts, and popular analytical tools, you can monitor your account and perform mobile trading in a single click.
MetaTrader 4
MT4 is a well-known trading platform among traders of all levels and experience.
We found that it’s a user-friendly and reliable option for Filipino traders. Trades are executed quickly, and the platform is stable, a plus for Filipino traders with unreliable internet connections.
The MT4 platform’s many tools allow traders of all skill levels to use it. These include flexible trading systems, algorithmic trading, and mobile trading.
These integral parts of MetaTrader 4 enhance your trading experience by helping you effectively determine entry and exit points and identify market trends.
Supporting trade execution modes, including Market and Instant Execution, MT4 also provides charts, expert advisors, trading signals, and technical indicators.
Signals enable traders to copy other traders’ trading orders and trading strategies. There are also financial news and alert tools to update traders with the latest trading news and articles.
Filipino traders who want to diversify their trading portfolios outside conventional forex pairs will find MT4 beneficial.
Exness Trader App
For traders on the go, the in-house Exness Trader App offers the basic features required to handle trades efficiently from any mobile device.
Because Filipino traders must make snap judgments in response to changes in the market, the app’s design places a high priority on efficiency and speed.
The Exness Trader App can guarantee that users never miss a trading opportunity as it is customized to notify traders about important price changes, news, and events. This will give Filipino traders a competitive advantage who must keep up to date with international financial news.
We also found that the app’s software provides most payment options in the Philippines, guaranteeing hassle-free deposits and withdrawals. Overall, Filipinos will have an advantage when using the Exness Trading App as it will assist them in managing funds.
Exness Web Terminal
The Exness Web Terminal will most benefit Filipino traders who would rather not download extra software.
The Web Terminal fully integrates with both MT4 and MT5 accounts and guarantees a seamless transition without requiring the management of several platform interfaces. It has an intuitive design and smooth switching between several trading instruments.
The Web Terminal’s accessibility from any internet-connected device is an advantage for Filipino traders, which is helpful for those who travel frequently or swap between devices.
We found that trades made on the Web Terminal immediately reflect across all platforms since trading strategies are kept updated, and real-time synchronization capabilities make quick reactions.
Can I use Expert Advisors (EA) with a mobile trading terminal?
No, this is impossible on a mobile trading terminal; it is only available on MT4 and MT5 desktop trading terminals.
Are Exness’ trading platforms customizable for Filipino traders?
Yes, Exness’ customizable trading platforms allow Filipino traders to tailor their trading environment to fit their needs.
Range of Markets
Exness offers all trading instruments across its platforms, although traders should ensure they can trade with their preferred instrument on their registered live account. Let’s look at what we found under Exness’ instruments.
🔍Instrument | 🔢 Number of Assets Offered | ⬆️Max Leverage Offered |
➡️Forex | 100 | Unlimited |
➡️Stocks | 100+ | 1:20 |
➡️Cryptocurrencies | 27 | 1:25 |
➡️Indices | 11 | 1:400 |
➡️Precious metals | 15 | Unlimited |
➡️Energies | 3 | 1:200 |
Exness vs AvaTrade vs Vantage Markets – Broker Comparison
🔍Broker | Exness | AvaTrade | Vantage Markets |
⌛Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | CIMA, VFSC, FSCA, ASIC |
📊Trading Platform | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | AvaTrade WebTrader AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 MetaTrader 5 ProTrader Vantage App Vantage Social trading ZuluTrade Myfxbook AutoTrade DupliTrade |
💵Withdrawal Fee | None | None | ✅ Yes |
🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
💴Min Deposit | 580 PHP ($10) | 5,751 PHP ($100) | 2,903 PHP ($50) |
⬆️Leverage | Unlimited | 1:30 (Retail) 1:400 (Pro) | 1:500 |
✏️Spread | Variable, from 0.0 pips | Fixed, from 0.9 pips | From 0.0 pips |
💷Commissions | From $0.1 per side, per lot | None | From $3 |
🛑Margin Call/Stop-Out | 60%/0% | 25% – 50% (M) 10% (S/O) | 80%/50% |
🧑⚖️Order Execution | Market | Instant | Market |
❌No-Deposit Bonus | None | None | None |
💰Cent Accounts | ✅ Yes | None | None |
🗂️Account Types | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account Social Standard Account Social Pro Account | Retail Account Pro Account Islamic Account | Standard STP Raw ECN PRO ECN |
✴️BSP Regulation | None | None | None |
💴PHP Deposits | ✅ Yes | None | None |
📌PHP Account | None | None | None |
⏰Customer Service Hours | 24/7 | 24/5 | 24/5 |
➡️Retail Investor Accounts | 7 | 1 | 3 |
☪️Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
⬇️Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
⬆️Maximum Trade Size | Unlimited | Unlimited | Unlimited |
⏱️Minimum Withdrawal Time | 24 hours | 2 to 48 hours | Instant |
🕰️Maximum Estimated Withdrawal Time | 3 days | Up to 10 days | 3 – 5 working days |
✔️Instant Deposits and Instant Withdrawals? | None | None | ✅ Yes |
🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
10 Best Forex Brokers in the Philippines
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Fees, Spreads, and Commissions
Fees
Exness stands out above other brokers for its competitive commission fees and zero-pip spreads. Filipinos can expect trading and non-trading fees when they start trading with Exness.
Spreads
For its several account types, Exness offers varying spreads to accommodate different trading strategies and risk tolerances. On the Standard Account, traders can enter the market at a very competitive low-cost spread of 1 pip on EUR/USD. Currency spreads start at 0 pips.
On the Pro Account, traders can expect even tighter spreads, like 0.6 pips on EUR/USD, which can be an advantage to traders who trade in larger volumes.
Our research also indicated that the spread for commodity trading at 3.8 pips for precious metals like silver (XAGUSD) is also reasonable. Another example is Bitcoin (BTC/USD), where the spread is 496 pips.
Commissions
Exness sets up its commissions according to the services rendered and the instrument traded. There are no commission charges on the Standard, Standard Cent, and Pro accounts.
We found that the account types with trading commissions applied to them are the Zero and Raw Spread accounts, and the commissions also vary depending on the instrument traded.
For Zero accounts, the trading commission begins at USD 0.2 for one side per lot, and on the Raw Spread account, the commission has a rate of up to USD 3.5 per lot per one direction for the vast majority of instruments.
Overnight Fees
Overnight or swap fees are important for Filipino traders who maintain overnight positions. The swap fees charged by Exness change according to the financial instrument and the state of the market. Swaps can be applied as standard, triple, or not, depending on the day and trading instrument.
Most cryptocurrency instruments are swap-free, while swap is applied triple on Wednesdays for most forex and metal instruments and on Fridays for stocks and some cryptocurrency instruments. Exness offers swap-free accounts to those registered in Islamic countries.
Deposit and Withdrawal Fees
Exness’ website clearly states that the broker charges no fees on deposits and withdrawals. This is a huge advantage to Filipino traders who can transfer money into and out of their trading accounts and effectively manage their accounts.
Inactivity Fees
Another huge advantage of Exness is that it does not charge inactivity fees.
Currency Conversion Fees
Filipino traders have the advantage that Exness accepts the Philippines peso (PHP) as the base currency. They do not have to be concerned with any currency conversion fees.
Do Filipinos pay any deposit fees with Exness?
No, most payment methods have no fees on deposits into your trading account but traders should be aware that their bank might charge a deposit fee.
Does Exness charge an inactivity fee?
Exness does not charge an inactivity fee, no matter how long your account lies dormant.
Min Deposit
USD 5/ 292,18 PHP
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
97
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deposit and Withdrawal Options
💳Payment Method | 🌎Country | 💵Currencies Accepted | ⏱️Processing Time |
➡️Bank Cards | All | Various | Instant – 24 hours |
➡️Skrill | All | Various | Instant – 24 hours |
➡️Neteller | All | Various | Instant – 24 hours |
➡️Perfect Money | All | Various | 30 minutes – 24 hours |
➡️SticPay | All | Multi-currency | Instant – 30 minutes |
➡️Cryptocurrency | All | USDT TRC20, USDC ERC20, USDT ERC20 | Instant – 1 day |
➡️BinancePay | All | Multi-currency | Instant – 30 minutes |
Deposits
Bank Wire
✅Navigate to your personal area with Exness.
✅Go to ‘Deposit’ and select ‘Bank Wire.’
✅Enter the amount and your desired currency.
✅Exness will send you bank wire details to transfer from your bank account.
✅Confirm the payment.
Credit or Debit Card
✅Navigate to your personal section with Exness.
✅Go to ‘Deposit’ and select ‘Credit/Debit Card’.
✅Enter the deposit amount and the required card information.
✅Confirm the payment.
Cryptocurrency
✅Navigate to your personal section with Exness.
✅Go to ‘Deposit,’ select ‘Cryptocurrency,’ then the cryptocurrency you want to use.
✅Enter the deposit amount and confirm.
✅You will be given a wallet address to transmit your cryptocurrency.
✅Complete the transfer from your cryptocurrency wallet.
e-Wallets or Payment Gateways
✅Navigate to your personal section with Exness.
✅Go to ‘Deposit’ and select your chosen e-wallet.
✅Enter the deposit amount and log in to your e-wallet account when requested.
✅Complete the transaction with your e-wallet account.
Withdrawals
Bank Wire
✅Navigate to your personal area with Exness
✅Go to ‘Withdrawal’ and select ‘Bank Wire’.
✅Enter the withdrawal amount and provide your bank account information.
✅Confirm the withdrawal request.
Credit or Debit Cards
✅Navigate to your personal area with Exness.
✅Go to ‘Withdrawal’ and select ‘Credit/Debit Card.’
✅Enter the withdrawal amount and confirm the card information used for the deposit.
✅Submit and confirm the withdrawal request.
Cryptocurrency
✅Navigate to your personal area with Exness.
✅Go to ‘Withdrawal’ and select ‘Cryptocurrency.
✅Select the type of cryptocurrency you wish to withdraw.
✅Enter the withdrawal amount and the wallet address into which the funds must be transferred.
✅Confirm your withdrawal.
e-Wallets or Payment Gateways
✅Navigate to your personal area with Exness.
✅Go to ‘Withdrawal’ and select the e-wallet you wish to use.
✅Enter the withdrawal amount.
✅Confirm the transaction.
Can I deposit with a payment method registered to a third-party user?
You can only fund your account using payment systems registered under your name; any payment systems registered under anyone else’s name are prohibited.
What do I do if the processing time for funds to reflect in my account is exceeded?
If the maximum processing time is exceeded, contact the customer support team with your transaction ID and identity verification for further assistance.
Leverage and Margin
Exness’s leverage and margin policies seem very flexible for Filipino traders, which is quite an advantage in terms of risk management and strategy.
With Exness, leverage varies depending on a trader’s account equity. Exness offers unlimited leverage for accounts with equity ranging from $0 to $999. With an equity level of $0 to $4,999, Filipinos get leverage of up to 1:2000.
An account balance of $5,000 to $29,999 has a maximum leverage of 1:1000; for accounts of $30,000 or more, the maximum leverage drops to 1:500.
Exness’s margin requirements are dynamic and alter in response to changes in leverage. This interaction between leverage and margin is crucial to keeping a trader’s portfolio risk-appropriate.
Margin requirements will rise as equity falls, meaning larger investments require a more careful trading strategy. This leverage model clearly shows that Exness is committed to providing individualized trading conditions that may accommodate different risk tastes and trading strategies.
In other words, Filipino traders can start trading with less capital and still have a chance to be involved in the markets.
Which leverage is good for beginners with Exness?
Leverage is solely a trader’s choice. Most professional traders use the 1:100 ratio to balance trading risk and buying power. If you are a novice trader just starting to trade, try using a low leverage, 1:10.
What margin call levels are set for the available trading accounts with Exness?
The margin call is 60% on the Standard account types, whereas on the professional account types, it is 30%.
Educational Resources
Exness offers various educational and research tools on its website. In the table below, let’s examine what is available for Filipino traders.
➡️Economic Calendar | ✅ Yes |
➡️VPS | ✅ Yes |
➡️AutoChartist | None |
➡️Trading View | None |
➡️Trading Central | ✅ Yes |
➡️Market Analysis | ✅ Yes |
➡️News Feed | ✅ Yes |
➡️Blog | ✅ Yes |
➡️eBooks | None |
➡️Educational Videos | ✅ Yes |
➡️Platform Tutorials | None |
➡️Webinars | ✅ Yes |
➡️Seminars | ✅ Yes |
➡️Live Support | ✅ Yes |
In addition to the above-mentioned tools, Exness also offers the following:
✅Meet Exness Team Pro – they offer traders in the Philippines a special chance to interact with the team of seasoned traders at Exness. This includes sessions about trading tactics, experiences, and best practices.
✅Currency Converter – this useful tool allows Filipino traders to convert between several currencies quickly.
✅Tick history – this useful tool provides historical pricing information for various financial products.
✅Trading Central Web TV – It provides real-time insights and expert analysis of the forex market, much as having a trading analyst on call.
✅Exness Education YouTube Channel – Filipino traders looking to learn more through video content will find great information on this channel.
What is Exness VPS?
The Exness VPS service enables users to run automated trading strategies unaffected by personal desktop or internet connectivity limitations.
Is there a dedicated research team at Exness?
Yes, Exness’ research team focuses on scientific discovery and innovation to improve trade efficiency.
Bonuses and Promotions
Doing a thorough investigation on the Exness website, we found no indication of bonus offerings. The broker does not offer a welcome, no-deposit, or deposit bonuses for new or existing clients. However, they do have a rewarding affiliate program.
It seems like this affiliate program intends to provide partners with considerable earnings opportunities by leveraging their networks and marketing talents to bring new clients to Exness.
Affiliate Programs
Exness offers various ways for its partners to earn, such as revenue share, CPA, or the rebates program. Filipinos can generate income when they partner with a strictly regulated broker.
Features
Affiliate marketing with Exness is an excellent way for traders to make money by bringing in new customers to use their trading platform.
Exness offers two ways traders can benefit from this program: the Introducing Broker Program and the Affiliate Program. Both reveal that it is easy to use and suitable for everyone.
With the Introducing Broker Program, Filipino partners can receive up to 40% of Exness’ revenue. Partners will receive a portion of the broker’s revenue from the trading activity of every active client referred to Exness.
This program will provide a reliable source of income as long as the new customers continue trading. The Affiliate Program offers a pay-out of up to $1,850 for each new client that becomes an active client, whether based on the country, platform, and the size of the deposit your referral.
Exness accepts traffic from more than 130 countries, and Filipino partners can earn extra bonuses for the best performance.
Affiliates can rely on Exness’ library of promotional assets, which includes banners, landing pages, movies, GIFs, logos, and widgets, to bolster their online presence and advertising campaigns.
The minimum first-time deposit required is only 580.65 PHP ($10), and regardless of where they are, affiliates can access and manage their business through the partner site on their mobiles.
Here, partners may monitor their performance, view their payment history, and gain new clients from anywhere.
Exness’ affiliates program works as the broker has regulatory licenses in various jurisdictions. They also offer great forex leverage, fast deposits and withdrawals, and commission-free payment channels.
How to Register an Affiliate Account Step-by-Step
Step 1: Go to the official website and click on the “Partners” tab
Opening the “Partners” section, you can research all the information applicable to the affiliation program. It provides comprehensive explanations of the various partnership programs, earnings you can expect, and the terms and conditions.
Step 2: Click on “Start Now”
Step 3: Complete the online registration form
Provide your personal details, including your name, email address, and contact details. Create a strong password that meets Exness’ criteria to keep your account safe from unauthorized access.
Step 4: Wait for verification from Exness
After submitting the form, you will receive a verification message via email, which you must click on to verify your email address. You can now access the Exness Affiliate Personal Area, where you have the opportunity to personalize your affiliate profile.
Within the Affiliate Personal Area, you’ll discover various promotional tools and materials at your disposal. Use these tools to generate traffic to Exness using your exclusive affiliate link.
What is the Cost Per Action (CPA) Program of Exness?
Cost Per Action is an affiliate advertising model where affiliates are compensated for any action taken directly from their marketing campaigns. Affiliates are paid when a new user they introduced makes a first-time deposit.
Can a company become a corporate affiliate with Exness?
Yes, it is possible, and when a company becomes a corporate affiliate, it has the same benefits as an individual affiliate. Still, there are some important differences in the legality and profile verification process to be aware of.
Customer Support
🫴🏻 Customer Support | 👥Exness Customer Support |
⏰Operating Hours | 24/7 |
➡️Support Languages | Multilingual |
🗣️Live Chat | ✅ Yes |
💻Email Address | [email protected] |
☎️Telephonic Support | ✅ Yes |
5️⃣The overall quality of Exness Support | 5/5 |
Exness Response Time
🫴🏻 Support Channel | ⏰Average Response Time | ⏱️User-based Response Time |
☎️Phone | A few minutes | A few minutes |
24 hours | Within a few hours | |
🗣️Live Chat | 5 minutes | 2 minutes |
📱Social Media | 5 minutes | 4 minutes |
🤝Affiliate | 24 hours | By the end of the day |
In what languages can clients expect to be served with Exness?
Client support is available in English, Chinese, Thai, Arabic, Vietnamese, Bengali, Hindi and Urdu.
Which communication channels does Exness use officially?
You can contact Exness via email, messages sent through MetaTrader’s internal mailbox, phone, and live chat with a support team member.
Social Responsibility
Although Exness does not have any active Corporate Social Responsibility (CSR) projects in the Philippines, the broker is clearly committed to doing the right thing for society and operating ethically.
According to our research, Exness has incorporated its core principles and beliefs into its CSR program, emphasizing education, environmental protection, and crisis management.
The broker believes strongly in education, has given academic scholarships, and donated necessary resources to elementary schools.
Environmental protection is also important to them. They are examining their environmental footprint and teaming up with knowledgeable NGOs to advance sustainability.
Exness has also contributed greatly through its humanitarian activities and assisted in various disaster relief operations globally. In 2020, Exness officially launched its Exness CSR initiative with donations to COVID-19 relief programs.
Since then, it has been actively involved in various programs such as giving support to people impacted by forest fires in Cyprus, beach and underwater clean-ups, volunteer work at a Malaysian shelter for crippled dogs, the donation of exercise bikes to schools for disabled students, and the provision of technology aid to visually impaired children.
The broker has been involved in many other social responsibility programs. To find out more, go to its website, click “Company” at the top of the homepage, and then click “Exness in the community.”
User Comments and Reviews
With its high level of popularity, it didn’t surprise us to find thousands of user reviews on Exness. Some recent ones are:
🥇”Exness is a good broker, especially with their very fast withdrawals. My only problem is that this broker is a market maker, I hope that in the near future they add ECN accounts related to real market liquidity.”
🥈”I am very happy with Exness as it is a smooth, reliable, efficient forex broker for the last 16 years. Exness have multiple options like zero spread account etc. which are best.”
🥉”Exness is by far the best broker out there. Never had any complaints, would 100% recommend Exness to any trader.”
🏆”Exness is an excellent trading platform with a user-friendly platform, and fast trade execution. And they offer a wide range of trading instruments. Secure transactions and quick deposit/withdrawal processes make Exness a top choice for both beginners and experienced traders. Highly recommended!”
In Conclusion
A huge advantage for Filipino traders is that they can use their local PHP currency to deposit and withdraw funds, impacting currency fees they can save on. Exness is also dedicated to transparency and complies with strict rules by two top authoritative bodies.
Our Insight
In my opinion, Exness is a good option for Filipino traders. The broker offers a variety of account types with attractive spreads and leverage. In addition, Exness also offers a good collection of trading instruments and many educational and research tools.
Our Recommendations
Although Exness’ offers are competitive and comprehensive and competitive, there are still some areas where it could improve:
✅Mobile trading is a definite option in the Philippines, and optimizing mobile trading platforms would be a good idea.
✅Another drawback is the lack of PAMM accounts and other services for investment funds. This would also be hugely beneficial to Filipino traders.
✅Not all trading instruments are available on all account types. Some trading instruments are only available on specific account types, limiting traders’ options for opening accounts.
Pros & Cons
✅Pros | ❌Cons |
Exness’ trading accounts are multi-currency | Exness is not regulated in the Philippines |
Offers trading on its in-house platform as well as MT4 and MT5. | Exness does not offer any bonuses or promotions to new or existing clients |
Regulated through FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and CMA, which ensure trading with a trustworthy broker | Commission-free accounts typically have wide spreads |
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Frequently Asked Questions
Is Exness a trustworthy platform?
Exness is widely regarded as a safe and secure platform for trading, thanks to its status as a licensed and regulated broker overseen by prominent international regulatory bodies such as FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and CMA.
In which country does Exness have its headquarters?
Exness was established in 2008 in Cyprus, and its headquarters is in Limassol. It is a well-regulated and established broker with various other offices globally.
Can Filipino traders engage in Exness' affiliate program?
Yes, Filipino traders can join the Exness affiliate program and earn money recommending new clients to the platform.
Is it easy to withdraw from Exness?
It is easy to withdraw funds from Exness, and most withdrawal requests are processed instantly. However, it can take 1 to 30 business days for the funds to reflect in your bank account, depending on the bank and country in which you are located.
Is Exness PCI DSS compliant?
Exness is independently audited and meets all PCI DSS requirements for secure payments.
This includes efficient data management, bespoke security with providers, data encryption, network monitoring, and regular vulnerability scans, safeguarding users against potential data breaches and fraud during bank card transactions.