Founded in 2008, Exness stands out for its industry-unique unlimited leverage, tight spreads, and high execution power.

In this article, we will explain in detail the cashback system, account opening process, and the advantages and disadvantages of using Exness.

An overview of Exness is provided below. In the latter part of this page, we will go over its features in detail, dividing them into pros and cons. If you are considering using Exness, please refer to this as a helpful guide.

Management company	E​xness (SC) Ltd社
Established	in 2008
Registered address	Cyprus 1, Siafi Street, Porto Bello, Office 401, CY-3042, Limassol, Cyprus.
Financial license	Cyprus Securities and Exchange Commission (CySEC) (Registration No. 178/12)
Leverage	Up to 1:2000
Spread	1.1 pips / USDJPY, 1.0 pips / EURUSD Spreads are variable and may fluctuate.
Products handled	FX, Cryptocurrencies, Commodities, Stocks, Indices
Margin call	None (Zero-Cut System applied)
Japanese support	Avaiable
Trading tools	MT4/Mt5/Exnes App

The cashback rate for Exness

When using overseas FX, one thing you should definitely take advantage of is the cashback. It allows you to trade more profitably, so there’s no reason not to use it.

In this section, we will explain the cashback system of Exness.
From basic information to how beneficial it is and the steps to receive it, we will cover everything in detail, so please use it as a reference.

The cashback rate for Exness

The cashback rates for Exness when using MoneyCharger are as follows.

Standard Account, Standard Cent Account, Social Standard Account	40% of the spread
Standard Plus Account	0.51USD〜153USD
Pro Account	25% of the spread
Raw Spread / Zero Account	0.09USD〜27.66USD

※The above rates represent the cashback amount per 1 lot traded.

How much cashback can you receive from Exness when using Money Charger (Monecha)?　

Here, we’ll explain how much cashback you can receive when using Money Charger (Monecha).

As an example, we’ll show how much you can save by using Money Charger (Monecha) for the following trades.

Note: The figures below are as of March 2023 and may be subject to change depending on conditions and rates.

① When registering with Money Charger (Monecha) without being registered on any cashback site

By simply registering with Money Charger (Monecha), you can earn 487,500 JPY in cashback through your regular trading activities.

When trading with offshore FX brokers, using a cashback site allows you to trade more profitably and efficiently.

Note: The figures above are as of March 2023 and may vary depending on conditions and exchange rates.

② When switching from a major industry broker “Company T” to Money Charger (Monecha)

By switching to Money Charger (Monecha), which offers one of the highest cashback rates in the industry, you can receive even greater cashback rewards.
In the example above, simply switching to Money Charger (Monecha) would result in an additional 253,500 JPY in cashback each month.

There are many cashback sites available, but to maximize your benefits, be sure to choose one that best matches your trading style and conditions.

Note: The figures above are as of March 2023 and may vary depending on conditions and exchange rates.

Reasons to Use Cashback with Money Charger (Monecha)

When using a cashback site, the most important factors are the cashback rate and the speed of payment.

Money Charger (Monecha) offers the highest cashback rates and fastest payout speed in the world for the listed brokers.

The brokers currently listed are as follows. As of June 2023.

If you are using any of the listed offshore FX brokers, you can receive cashback based on your trading activity by registering with Money Charger (Monecha).

Money Charger (Monecha) offers a smooth and seamless process from registration to withdrawal.

Registering with Money Charger (Monecha) is very simple. Just fill in the required information, and your registration will be completed in as little as three minutes.

In addition, cashback withdrawals are also very smooth.

Cashback can be credited as early as the same day of the trade.

For FXFair and IS6FX, cashback can be credited the day after the trade.

The listed brokers offer the highest cashback rates in the world.

For the brokers listed, we offer the highest cashback rates in the world.

Money Charger (Monecha) is a company that has been involved in a wide range of FX-related businesses.
Because of its strong connections with brokers, it is able to offer cashback services under the best possible IB commission conditions.

Note: The figures above are as of March 2023 and may vary depending on conditions and exchange rates.

Points to Note When Using a Cashback Site with Exness

When using a cashback site, you may not be eligible for certain promotions offered directly by the offshore FX broker, such as account opening or deposit bonuses.

Whether the cashback from the site or the broker’s bonuses offer greater benefits depends on your trading style and frequency.
It is recommended to carefully consider both options in advance to determine which is more advantageous for you.

How to Receive Cashback with Exness – Account Opening Required

To receive cashback with Exness, you first need to register with a cashback site. After registration, open a new Exness account or an additional account, and link it to the cashback site.

Once linked, you can start trading as usual, and cashback will be generated automatically based on your trading activity.

Here, we will explain the process of receiving cashback through the cashback site Money Charger (Monecha).

STEP 1: Register with Money Charger (Monecha)

Registration is required only if you are using Money Charger (Monecha) for the first time. If you have already registered with Monecha, please proceed to the “Open an Additional FX Account” step.

1. Access this page and register to use Money Charger (Monecha).
2. Enter your name (in Roman letters), email address, and password, then click the “Register” button.
3. A verification email will be sent to the email address you provided. Click the “Verify” button in the email to complete your Monecha registration process.

If you do not receive the email, please check that the email address you entered is correct and that the message has not been sent to your spam or junk mail folder.

STEP 2: Open an Exness Account

After registering with Money Charger (Monecha), you will need to link your trading account.
This section explains how to open a new Exness account and how existing Exness users can open an additional account.

For New Account Opening

By clicking the button below and completing the account opening process on the displayed page, you can open an account linked to Monecha.

Exness公式ページを表示

Please note that cashback will not be generated from accounts opened without clicking the above button.

FX口座新規開設手順はこちら

For Additional Account Opening

If you created your Exness account through Monecha, you can open an additional account linked to Monecha by clicking the button below, logging in on the displayed page, and opening a new account from your My Page.

If you already have an Exness account created before using Monecha, it is recommended to create a new Exness account through Monecha using a different email address.

The official Exness website will be displayed

※you already have an Exness account and wish to link your account to MONEY CHARGER (switching), you can change your account to one linked to MONEY CHARGER by sending a “Partner Change Request” e-mail to the official Exness support e-mail [support@exness.com].
※For existing trading accounts, partners cannot be changed.Once you have completed the change of partner request, you will need to add a new account.
※Due to the time and effort required to complete the above procedure, we recommend that you open an Exness account through MONEY CHARGER with a new e-mail address.

The procedure to open an additional FX account is here:

※The procedure differs for individuals who created an Exness account via MONEY CHARGER and those who already have an Exness account. For further information, please refer to “Additional Account Opening Procedures.”

STEP3. Application to register an FX account

①Log in to your My Page on MONEY CHARGER
　On this page, please enter your registered email address and password, then click the “Log in” button.

②Add a cashback account on the account management screen
　・Click on the “Account Management” tab on the menu.
　・Select “Exness” in the service provider name pull-down menu
　・Enter the account number of the Exness account you have opened in “Account Number.”
　・Click the “Add” button.

※If there are no issues with the procedure, your status will be updated to “Approved” within one business day and you will receive a completion e-mail to the e-mail address you registered.
　If there are any issues, we will notify you by e-mail and you will be asked to follow the instructions in the e-mail to complete the additional procedures.

STEP 4: Start Trading FX

At this point, the linking between your Money Charger (Monecha) and Exness accounts is complete.

You can now start trading as usual.

STEP 5: Cashback Withdrawal

By the end of the following day after your trade, cashback details will be reflected in the transaction history for each account number, and you will be able to request a cashback withdrawal.

Cashback can be credited as early as the same day of the trade.

6 Advantages / Positive Reviews of Exness

Here, we will introduce six advantages and positive reviews of Exness.

1. Exness offers unlimited maximum leverage, and even under normal conditions, traders can enjoy leverage up to 1:2000 for highly efficient trading.
2. It provides nine different deposit and withdrawal methods, offering great flexibility and fast withdrawal processing.
3. Exness offers very tight and fixed spreads, ensuring cost-effective trading conditions.
4. With a Zero-Cut System and Japanese customer support, Exness provides a safe and reliable trading environment.
5. The swap-free option makes it easy to hold positions for the long term.
6. By adopting the NDD (No Dealing Desk) model, Exness ensures high execution power and trading transparency.

In offshore FX trading, it’s important to find a broker that best suits your needs.
Please use this information as a reference when choosing your broker.

① Exness offers unlimited maximum leverage! Even under normal conditions, leverage up to 1:2000 allows for highly efficient trading.

One of the main advantages of Exness is its maximum leverage of 1:2000.
Since Japanese FX brokers typically offer leverage up to only 1:25, using Exness allows you to trade with 80 times more leverage.

However, the available leverage varies depending on the product and account type.

Let’s take a look at each in detail.

Leverage by Product Category at Exness

At Exness, the available leverage varies depending on the product.
Be sure to check the leverage for the instrument you wish to trade in advance.

商品ごとのレバレッジは以下の通りです。

Tradable Instruments	Leverage
FX	Up to 1:2000
Cryptocurrency	Up to 1:400
Commodity	Up to 1:2000
Stocks	Up to 1:20
Indices	Up to 1:400

At Exness, you can trade with high leverage — up to 1:2000 for FX and commodities.

In addition, some products allow trading with unlimited leverage, which will be explained in detail later.

Leverage by Account Type at Exness

Exness offers five types of accounts.
Each account type has different features, so be sure to choose the one that best suits your trading style.

The features of each account are as follows.

Account Type	Features	Maximum Leverage
Standard	A standard and straightforward account type. With no commission fees and a low minimum deposit of just $10 (depending on the deposit method), it’s recommended for beginners in offshore FX or those using Exness for the first time.	Unlimited
Standard Cent	This account type allows for small-volume trading, with 1 lot equal to 1,000 units, making it the most accessible option among all account types. However, the number of tradable instruments is limited, and it is only available on the MT4 platform. It is recommended for beginners or those who wish to trade with lower risk.	Unlimited
Raw Spread	Although this account charges a trading commission, it offers tighter spreads than other account types, helping to reduce overall trading costs. Since the minimum initial deposit is set at $1,000, it is recommended for intermediate to advanced traders with some experience in offshore FX.	Unlimited
Zero	You can trade 30 major currency pairs with zero spreads on this account. However, spreads for other instruments are higher than those of the Raw Spread account, and the minimum initial deposit is set at $1,000. Therefore, it is recommended for experienced offshore FX traders who mainly trade major currency pairs.	Unlimited
Pro	This account uses the “Instant Execution” order method, allowing trades to be executed at the exact price requested. Since there is no slippage and the minimum initial deposit is set at $1,000, it is recommended for experienced offshore FX traders who engage in scalping strategies.	Unlimited

Each of the five account types has its own unique features, allowing you to choose the one that best suits your trading style.。

Beginners are recommended to choose the Standard or Standard Cent accounts, while experienced traders may prefer the Raw Spread, Zero, or Pro accounts.。

At Exness, trading with unlimited leverage is also available.

At Exness, you can trade with unlimited leverage once certain conditions are met.
Eligible instruments include major and minor FX currency pairs, as well as precious metals such as gold and silver.

The conditions for trading with unlimited leverage are as follows.

Exness is the only overseas FX broker that offers unlimited leverage.

For traders who want to trade with high leverage, Exness provides extremely favorable conditions.

② A wide variety of 9 deposit and withdrawal methods! Fast and smooth withdrawals

Here, we will explain the deposit and withdrawal methods available with Exness.

We will also introduce actual user feedback regarding the popular reputation that “Exness offers fast withdrawals.”。

Deposit Methods (Credit Card, Bank Transfer, etc.) and Fees

At Exness, you can choose from various deposit methods, and no fees are charged regardless of the method used.

Details for each deposit method are as follows:。

Deposit Methods	Minimum Deposit Amount	Time for Funds to Be Reflected in Account
BinancePay	$10	Within 30 minutes
Bitwallet	$10	Within 30 minutes
Bitcoin	$50	Within 24 hours
Bank Card	$10	Within 30 minutes
Offline Bank transfer #2	$10	Within 3 hours
Offline Bank transfer #3	$80	Within 12 hours
Offline Bank Transfer	$10	Within 3 hours
Perfect Money	$10	Within 30 minutes
SticPay	$10	Within 30 minutes
USD Coin (USDC ERC20、USDC TRC20)	$10	Within 24 hours
Tether (USDT ERC20、USDT TRC20)	$10	Within 24 hours

All deposit methods offer quick processing times, allowing you to start trading smoothly.

However, there are a few important points to keep in mind when making a deposit.
Be sure to check these details in advance before proceeding with your deposit.。

Deposits must be made under the same name as the registered name on your Exness account.

Withdrawal Methods (Bank Transfer, bitWallet, etc.) and Fees

At Exness, there are various withdrawal methods available.

No withdrawal fees are charged regardless of the method used.

Withdrawal Method	Minimum Withdrawal Amount	Time for Funds to Be Reflected in Account
BinancePay	$1	Within 30 minutes
Bitwallet	$1	Within 24 hours
Bitcoin	$50	Within 24 hours
Offline Bank Transfer	$210	Up to 5 days
Perfect Money	$2	Within 24 hours
SticPay	$1	Within 24 hours
USD Coin (USDC ERC20, USDC TRC20)	$10	Within 24 hours
Tether (USDT ERC20, USDT TRC20)	$10	Within 24 hours

There are a few important points to keep in mind when making a withdrawal.
It’s a good idea to review them during the deposit stage in advance.

。

Withdrawals can only be made using the same payment method, account, and currency used for the deposit.

If multiple deposit methods were used, withdrawals must be made according to the priority order below:
Credit/Debit Card > Bitcoin > Other withdrawal methods

When multiple deposit methods are used, withdrawals must be made in proportion to the deposit amounts.

Exness Is Known for Its Fast Withdrawals

Exness has a strong reputation for its fast withdrawals. Quick withdrawals allow traders to deposit and trade with peace of mind.

Here are some actual tweets about Exness’s withdrawal process.

Many users have given positive feedback, making it a platform you can use with confidence.

exnessの出金は神業です。
銀行口座への出金も20分位でした。。。

某フォレックスは、2ヶ月とか3ヶ月待つことも。。。何やねんこの違い。

#ゲムフォレックス

— gahigahi (@gahigahi) April 26, 2023

Exnessめちゃくちゃ出金はやい

— みやかわ (@sequence_po) April 27, 2023

熱くなって負けそうだからexnessからある程度出金したんだけど3時間ぐらいで着金した件。

いつものところじゃなく
「サポートライフ」
だったけど。

生活を支えていただきありがとうございます。

— ぶるすな (@BlueSnyaiper) April 27, 2023

③ Exness offers extremely tight and fixed spreads

At Exness, fixed spreads are offered on certain instruments.
Since only a few offshore FX brokers provide fixed spreads, Exness is highly recommended for traders who prefer trading under fixed spread conditions.

Here, we will explain more about fixed spreads and the spreads available for each account type.

Major currency pairs have fixed spreads 90% of the time.

At Exness, fixed spreads are offered on 10 instruments — nine major currency pairs and gold — for 90% of the time.
With fixed spreads, it becomes easier to understand and manage trading costs, allowing for smoother and more predictable trading.

 

Tradable Instruments	Standard / Standard Cent	Raw Spread	Zero	Pro
USD/JPY	1.1pips	0.0pips	0.0pips	0.7pips
EUR/USD	1.0pips	0.0pips	0.0pips	0.6pips
GBP/USD	1.2pips	0.1pips	0.0pips	0.7pips
EUR/JPY	1.9pips	0.3pips	0.0pips	1.2pips
GBP/JPY	2.0pips	0.3pips	0.0pips	1.3pips
AUD/USD	2.9pips	0.9pips	0.0pips	1.8pips
USD/CHF	1.4pips	0.2pips	0.0pips	0.9pips
USD/CAD	2.1pips	0.3pips	0.0pips	1.3pips
EUR/GBP	1.6pips	0.4pips	0.0pips	1.0pips
XAU/USD	20.0pips	6.3pips	0.0pips	12.5pips

All account types offer tight spreads, allowing you to trade under favorable conditions.。

At Exness, spreads vary depending on the account type.

The spreads at Exness vary depending on the account type.

The spreads and trading fees for each account type are as follows.

	Standard / Standard Cent	Raw Spread	Zero	Pro
Minimum Spread	0.3pips	0.0pips	0.0pips	0.1pips
Trading Commission	None	Up to 3.5 USD (one way)	As low as 0.2 USD (one way)	None

With Raw Spread and Zero accounts, trading is available with extremely tight spreads starting from 0.0 pips, and from 0.1 pips with the Pro account.

Please note that trading commissions apply to the Raw Spread and Zero accounts.
Be sure to choose the account type that best fits your trading style.

④ Exness offers a Zero-Cut System and Japanese support, ensuring a safe and reliable trading experience

Exness provides a Zero-Cut System and Japanese language support, allowing traders to use its offshore FX services with confidence and peace of mind.

Even beginners in offshore FX trading can start trading with confidence and ease.

“No Margin Call” – Zero-Cut System Applied

At Exness, the Zero-Cut System is applied to all currency pairs.
Even if your balance becomes negative due to high-leverage trading, you will not be responsible for any debt or negative balance.

The Zero-Cut System is a mechanism that covers losses in the event of a sudden market crash where a stop-out (forced liquidation) cannot be executed in time.

With domestic FX brokers, margin calls (additional margin requirements) can occur, and if you fail to deposit the required funds by the specified date, your positions will be closed.
In the event of a market crash, such as during the COVID-19 shock, you could suffer losses exceeding your margin.
However, with overseas FX brokers that offer a Zero-Cut System, no margin calls are issued, and you are protected from negative balances.

Since there is no risk of falling into debt, you won’t have to worry about dipping into your living expenses for trading.

Comprehensive Japanese Customer Support

In addition, Exness offers comprehensive support in Japanese. You can contact them through the following methods.

It’s a bit disappointing that Japanese support is not available by phone, but it’s reassuring that you can easily contact them via chat or email if you have any concerns.

⑤ Swap-free is applied, making it easier to hold positions for the long term.

At Exness, a swap-free option is applied. In addition to the “Standard Swap-Free” status available upon account opening, traders who reach a certain trading volume can be upgraded to the “Extended Swap-Free” status, which covers a wider range of instruments.

The instruments exempt from swap charges under the Standard Swap-Free program are as follows:

• XAU/USD (Gold)
• Cryptocurrencies
• Stocks

In addition, once you are upgraded to the Extended Swap-Free status, the following instruments will also become swap-free:

XAUUSD	NZDUSD	EURJPY
Cryptocurrencies	USDCAD	EURNZD
Stocks	USDCHF	GBPCHF
AUDNZD	USDJPY	GBPNZD
AUDUSD	AUDCHF	NZDJPY
EURCHF	AUDJPY	NZDCAD
EURUSD	EURAUDUSOIL	USOIL
GBPJPY	EURCAD
GBPUSD	EURGBP

By using a swap-free option, you won’t incur costs when carrying positions over to the next day, making it easier to hold positions long term.

⑥ The NDD (No Dealing Desk) system is adopted, ensuring high execution power and trading transparency.

At Exness, the NDD (No Dealing Desk) system is adopted as the order execution method.

With the NDD system, traders can interact directly with the market, resulting in higher execution power and greater trading transparency.

Although NDD brokers typically generate revenue through spreads, which can make them wider, Exness offers both the advantages of the NDD model and exceptionally tight spreads.

Many users appreciate Exness for its combination of narrow spreads and strong execution, making it one of the key attractions of the platform.

https://twitter.com/GonzooW0720/status/1349296783327854593?s=20

https://twitter.com/fx_gogogo/status/1261557513683521536?s=20

Two Disadvantages / Negative Reviews of Exness

Here, we will introduce the disadvantages and negative reviews of Exness.

1. Exness does not offer any ongoing account opening or deposit bonuses.
2. Leverage may sometimes be restricted.

Since each overseas FX broker has its own unique features, it’s a good idea to review them together with the advantages and positive reviews.

① Exness does not offer any regular account opening or deposit bonuses.

Exness does not offer any ongoing account opening or deposit bonuses.
However, considering its high leverage and tight spreads, the overall cost performance can still be regarded as excellent.

Although Exness does not offer its own exclusive bonuses, you can receive cashback by opening an account through a cashback website.

On the cashback site Money Charger, you can receive cashback based on your trading volume by opening an Exness account through the site.
If you’d like to receive bonuses with Exness, be sure to take advantage of Money Charger.

② Leverage may sometimes be restricted.

Exness is attractive for its high leverage, including the option of unlimited leverage, but there are cases where leverage restrictions may apply.

Leverage may be limited in the following situations:

• When the margin balance requirements are not met
• Before and after major economic news releases
• Before or after weekends and public holidays

The reason leverage restrictions are applied is to prevent traders from suffering significant losses.
When there is a possibility of large market fluctuations, leverage limits are imposed in line with this intention.

Frequently Asked Questions about Exness 

We will answer some frequently asked questions about Exness in a Q&A format.

Q. Can I use MT4 or MT5?
Q. Does Exness offer trust protection or segregated accounts?
Q. Has Exness ever refused withdrawals?
Q. Is Exness compatible with automated trading (EA)?

Q. Can I use MT4 or MT5?

At Exness, both MT4 and MT5 are available for use.
You can trade using the platform you are most comfortable with.

In addition, Exness offers several convenient platforms for traders, such as the Exness Trade App and the Exness Web Terminal.
Be sure to take advantage of these tools as well.

Q. Does Exness offer trust protection or segregated account management?

Exness uses segregated account management, not trust protection.

On the official Exness website, the following statement is provided regarding segregated account management.

Customer funds are segregated: Your funds are kept separate from our own, so even if any changes occur to our company, your funds will not be affected. We also ensure that our own capital ratio always exceeds the ratio of segregated customer funds.

お客様の資金の保全方法 – Exnessヘルプセンター

It appears that traders’ funds are properly managed, but if you feel uncertain, it’s a good idea to adjust your deposit and withdrawal amounts accordingly.

Q. Has Exness ever refused withdrawals?

Based on our independent research on reviews and feedback regarding Exness and withdrawal refusals, we did not find any reports or complaints claiming that withdrawals were denied.
Therefore, Exness can be considered a reliable overseas FX broker where you can trade with confidence.

In the rare case that a withdrawal is refused, it is likely due to a violation of the terms and conditions by the user.
When trading, it is recommended to fully understand the terms of service to avoid any withdrawal issues.

Q. Is Exness compatible with automated trading (EA)?

At Exness, automated trading (EA) is available for all account types.
Even beginners or those who don’t have much time to trade can take advantage of automated trading (EA) on Exness to seize profit opportunities.

Moreover, with its tight spreads and high execution power, Exness is also well-suited for scalping trades, making it an ideal environment for EAs to perform effectively.

Summary

In this article, we explained the cashback system, advantages, and disadvantages of Exness.

Exness offers excellent trading conditions such as unlimited leverage, tight spreads, and high execution power, making it a favorable choice for overseas FX trading.
Although there are no ongoing bonuses, you can still trade more profitably by taking advantage of cashback programs.

Through Money Charger, you can receive cashback for your Exness trades.
With its high cashback rate, you can enjoy even greater trading benefits.

If you plan to use the Exness cashback system, be sure to make use of Money Charger.