Exness review Featured
Exness is the most complete package for traders in Kenya and South Africa: local licences in both countries, M-Pesa and local bank funding, and withdrawals that are mostly processed automatically. Raw and Zero accounts suit scalpers; the Standard account suits everyone else.
#2 of 10
Score breakdown
Calculated automatically from the facts on this page. How we score.
Pros and cons
What we like
- Local licences in Kenya and South Africa
- Automated, fast withdrawals incl. M-Pesa
- Low $10 entry and tight Standard spreads
- Five account types for every style
Watch out for
- Very high leverage on offshore entities is risky for beginners
- Education is lighter than XM or HFM
- No cTrader or TradingView trading
Licences — verify them yourself
| Regulator | Entity | Licence | |
|---|---|---|---|
| FSCA South Africa | Exness ZA (Pty) Ltd | FSP 51024 | Verify on register ↗ |
| CMA Kenya | Exness (KE) Limited | Licence 162 | Verify on register ↗ |
| FCA United Kingdom | Exness (UK) Ltd | See register | Verify on register ↗ |
| CySEC Cyprus | Exness (Cy) Ltd | See register | Verify on register ↗ |
| FSA Seychelles | Exness (SC) Ltd | See register | Verify on register ↗ |
Search the entity name or licence number on the regulator's own site. If they don't match exactly, don't deposit.
Accounts and costs
| Account | Min deposit | EUR/USD spread | Commission |
|---|---|---|---|
| Standard | $10 | ~0.7 pips avg | None |
| Standard Cent | $10 | Similar to Standard | None |
| Pro | $200 | From 0.1 pips | None |
| Raw Spread | $200 | From 0.0 pips | Up to $3.50/side per lot |
| Zero | $200 | 0.0 on top instruments | Per lot |
Five account types across MT4, MT5 and its own Exness Terminal and app. Social trading, swap-free options and a free VPS for larger balances.
Deposits and withdrawals
- Payment methods
- M-Pesa (KE) · Local bank transfer (KE, NG, ZA) · Visa / Mastercard · Skrill · Neteller · Crypto
- Withdrawals
- Mostly automated; e-wallets and M-Pesa often within seconds
- Deposit currencies
- USD, ZAR, KES, NGN, + many more
- African-currency accounts
- ZAR, KES, NGN
Platforms and markets
- Platforms
- MT4, MT5, Exness Terminal, Exness Trade app
- Execution
- Market & instant execution
- Instruments
- 200+ — FX, metals, energies, indices, stocks, crypto
- Currency pairs
- 100+ currency pairs
- Copy trading
- Yes
- Islamic accounts
- Yes
Support
24/7 live chat, email, phone · 15+ languages
FAQ
Is Exness regulated in South Africa?
Yes. Exness ZA (Pty) Ltd is authorised by the FSCA (FSP 51024). Check the number yourself on the FSCA register.
Is Exness regulated in Kenya?
Yes. Exness (KE) Limited holds a CMA licence (Licence 162). Leverage for Kenyan clients is capped at 1:400.
Is Exness regulated in Nigeria?
No broker is licensed for online forex by SEC Nigeria yet. The SEC published draft rules in September 2026; until they take effect, Nigerians trade with offshore entities.
What is the minimum deposit at Exness?
$10 Standard · $200 Pro/Raw/Zero. Payment methods can set their own minimums.
Can I deposit with M-Pesa?
Yes. M-Pesa is supported for Kenyan clients.
Which platforms does Exness offer?
MT4, MT5, Exness Terminal, Exness Trade app.
How is the 8.9/10 score calculated?
From five weighted factors — regulation 30%, costs 20%, funding in Africa 20%, platforms 15%, support 15% — applied to the facts on this page. See "How we score" on our About page.
Sources: FXScouts Kenya ↗FXEmpire ↗ · Last checked Oct 2026