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#3 Recommended

Exness Review 2024

Complete review of Exness - the high-leverage broker popular with Kenyan traders. Discover unlimited leverage, instant withdrawals, and professional trading conditions.

Why Kenyan Traders Choose Exness

Key Advantages

  • Unlimited leverage up to 1:2000
  • Instant withdrawals 24/7
  • No minimum deposit requirement
  • Multiple international regulations

Perfect For

  • High-volume professional traders
  • Scalpers needing tight spreads
  • Traders wanting maximum leverage
  • International trading strategies
Important Notice for Kenyan Traders

Exness is not regulated by the Capital Markets Authority (CMA) of Kenya but accepts Kenyan traders through its international licenses. While Exness is well-regulated globally, Kenyan traders should understand that local regulatory protections may not apply.

Company Overview

About Exness

Exness is a global multi-asset broker founded in 2008, serving millions of traders worldwide. The company has built a strong reputation for offering unlimited leverage, instant withdrawals, and competitive trading conditions that appeal to both retail and professional traders.

Headquartered in Cyprus with offices globally, Exness has become particularly popular in emerging markets including Kenya, where traders appreciate the low barriers to entry and flexible trading conditions.

The broker is known for its innovative approach to forex trading, including their unique unlimited leverage feature and 24/7 instant withdrawal system that sets them apart from traditional brokers.

Key Facts

Founded:2008
Headquarters:Limassol, Cyprus
Global Clients:4+ million
Monthly Volume:$2+ trillion
Website:exness.com
Regulation & Safety

International Regulation

Financial Conduct Authority (FCA)

UK License: 730729

Top-tier regulation for European and international clients

Cyprus Securities & Exchange Commission (CySEC)

License: 178/12

EU regulation with MiFID II compliance

Financial Services Authority (FSA)

Seychelles License: SD025

International clients including Kenya

Security Features

Segregated client funds in tier-1 banks
Negative balance protection
SSL encryption and data security
Regular third-party audits
Compensation schemes up to €20,000

For Kenyan Traders

While Exness is well-regulated internationally, it's not CMA-licensed in Kenya. Kenyan traders fall under Seychelles FSA regulation.

Unlimited Leverage - Exness Signature Feature

How Unlimited Leverage Works

Exness offers unlimited leverage (up to 1:2000) for experienced traders who meet specific criteria. This feature allows qualified traders to maximize their position sizes with minimal margin requirements.

Qualification Requirements

  • • Minimum 10 real trades executed
  • • At least 5 weeks of trading activity
  • • Demonstrate risk management skills
  • • Account balance requirements vary by entity

⚠️ High Risk Warning

Unlimited leverage can lead to significant losses. Only experienced traders should use high leverage ratios.

Leverage by Account Type

Standard Accounts

Up to 1:2000 (unlimited for qualified)

Most popular for retail traders

Pro Accounts

Up to 1:200

For professional clients

Raw Spread Accounts

Up to 1:2000

Commission-based pricing

For Kenyan Traders

High leverage can amplify profits but also losses. Start with lower leverage (1:100-1:500) until you gain experience.

Trading Conditions

Account Types

Standard

Spreads from 0.3 pips

No commission

Raw Spread ⭐

Spreads from 0.0 pips

Commission per side

Zero

Zero spreads on major pairs

During specific hours

Pro

Professional trading conditions

Institutional features

Trading Specifications

Minimum Deposit:$1 (≈KES 150)
Maximum Leverage:1:2000 (unlimited)
Min Trade Size:0.01 lots
Max Trade Size:200 lots
Execution Model:Market Execution
Stop Out Level:0%
Margin Call:60%

Instruments

Forex Pairs:120+ pairs
Metals:Gold, Silver, Platinum, Palladium
Energies:Crude Oil, Natural Gas
Indices:20+ global indices
Cryptocurrencies:30+ crypto pairs
Stocks:100+ US stocks
Instant Withdrawals 24/7

Revolutionary Withdrawal System

Exness pioneered the 24/7 instant withdrawal system in the forex industry. Qualified traders can withdraw their profits instantly at any time, including weekends and holidays - a game-changing feature for active traders.

Instant Processing

Withdrawals processed within seconds for qualified accounts

24/7 Availability

Withdraw funds any time, even during weekends

Multiple Methods

Various payment methods supported for Kenyan traders

Payment Methods for Kenya

Bank Transfer

Local Kenya banks

Available

Cards

Visa, Mastercard

Instant

Skrill

E-wallet

Instant

Neteller

E-wallet

Instant

Perfect Money

Digital wallet

Instant
Spreads & Trading Costs
Currency PairStandard AccountRaw Spread AccountCommission (Raw Spread)
EUR/USD0.3 pips0.0 pips$3.50 per lot
GBP/USD0.7 pips0.1 pips$3.50 per lot
USD/JPY0.4 pips0.0 pips$3.50 per lot
Gold (XAU/USD)0.13 pips0.03 pips$3.50 per lot
BitcoinVariableTight spreads0.05% per side

Competitive Advantage: Exness offers some of the tightest spreads in the industry, especially beneficial for high-frequency and scalping strategies popular with Kenyan traders.

Trading Platforms & Tools

Available Platforms

MetaTrader 4

Most popular platform with extensive features

MetaTrader 5

Advanced platform for multi-asset trading

Exness Terminal ⭐

Proprietary web and mobile platform

Multi Terminal

Manage multiple accounts simultaneously

Trading Tools

VPS Hosting

Free for qualifying accounts

Trading Calculators

Pip, margin, profit calculators

Economic Calendar

Real-time market news and events

Market Analysis

Daily and weekly market insights

Copy Trading

Social trading features

Comprehensive Pros & Cons

Advantages

Unlimited Leverage

Up to 1:2000 leverage for qualified traders

Instant Withdrawals

24/7 instant withdrawal system

Ultra-Low Spreads

From 0.0 pips on major pairs

No Minimum Deposit

Start trading with as little as $1

Multiple Regulations

FCA, CySEC, FSA licenses

Wide Instrument Range

Forex, stocks, crypto, commodities

Disadvantages

No CMA Regulation

Not locally regulated in Kenya

High Leverage Risk

Unlimited leverage can lead to significant losses

Complex for Beginners

Advanced features may overwhelm new traders

No M-Pesa Support

Limited local payment options

Customer Support

No local Kenyan support office

Final Verdict
8.0/10
Very Good

Exness is an excellent choice for experienced Kenyan traders who need professional trading conditions. Their unlimited leverage, instant withdrawals, and ultra-tight spreads make them particularly appealing to active traders and scalpers.

However, the lack of CMA regulation and local support may concern some Kenyan traders. Exness is best suited for experienced traders who understand the risks of high leverage and don't require local regulatory protection.

Best For

Professional traders, scalpers, high-volume traders

Good For

Experienced traders wanting tight spreads

Not Ideal For

Complete beginners, traders needing local support

Multiple regulations • $1 minimum deposit • Unlimited leverage • Instant withdrawals

High Risk Warning

Exness offers very high leverage which significantly increases the risk of loss. 75-89% of retail investor accounts lose money when trading CFDs with high leverage. You should consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your money. This is especially important for Kenyan traders who may not have access to local investor protection schemes.

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