BrokerSafari Evidence Score
This is an evidence-based editorial calculation, not a guarantee of safety, an account test or an investment recommendation. It uses only the structured research recorded for this broker, never another website’s rating.
- BrokerSafari Evidence Score
- 7.9 / 10 — Good
- Evidence confidence
- medium
- Evidence coverage
- 59.8%
- Assessed quality score
- 8.2 / 10
- Evidence-gap penalty
- −0.3
- Score before caps
- 7.9 / 10
- Calculated score after caps
- 7.9 / 10
- Regulation & Legal Entity
- Weight 30%; coverage 66.7% (2/3 inputs). Quality 8.3 / 10; 24.9 / 30 weighted points before normalization and penalties.
- Safety & Client Protection
- Weight 20%; coverage 0% (0/4 inputs). Quality unassessed — not zero.
- Transparency
- Weight 15%; coverage 75% (3/4 inputs). Quality 9.0 / 10; 13.5 / 15 weighted points before normalization and penalties.
- Fees & Trading Costs
- Weight 10%; coverage 100% (4/4 inputs). Quality 7.5 / 10; 7.5 / 10 weighted points before normalization and penalties.
- Deposits & Withdrawals
- Weight 10%; coverage 60% (3/5 inputs). Quality 7.5 / 10; 7.5 / 10 weighted points before normalization and penalties.
- Trading Platform & Products
- Weight 10%; coverage 100% (4/4 inputs). Quality 8.4 / 10; 8.4 / 10 weighted points before normalization and penalties.
- Track Record & Independent Evidence
- Weight 5%; coverage 50% (1/2 inputs). Quality 8.0 / 10; 4 / 5 weighted points before normalization and penalties.
Quality uses only assessable inputs. Entirely unassessed categories are excluded and remaining category weights are normalized; missing evidence is not zero quality. Coverage separately measures assessed input weight out of 100%. A gap penalty of 0.0, 0.3, 0.7 or 1.2 is applied before regulatory caps. Source strength affects confidence, not a direct multiplication of the quality score.
Rating cap
None.
Why this score?
Verified strengths
- Regulation & Legal Entity — Account-serving legal entity: partially verified. Partial verification only; unresolved scope remains an evidence gap.
- Regulation & Legal Entity — Relevant financial regulation: partially verified. Only the documented relevant entity/permission is verified, not every group licence or account.
- Trading Platform & Products — Platform identity and clarity: verified.
Provider-disclosed evidence
- Transparency — Company transparency: high.
- Transparency — Legal-document transparency: high.
- Transparency — Regulatory-disclosure transparency: high.
- Fees & Trading Costs — Spread transparency: medium.
- Fees & Trading Costs — Commission transparency: medium.
- Fees & Trading Costs — Overnight-fee transparency: medium.
- Fees & Trading Costs — Live trading-cost testing/corroboration: provider disclosed only.
- Deposits & Withdrawals — Deposit and withdrawal fee transparency: medium.
- Deposits & Withdrawals — Payment-method transparency: medium.
- Deposits & Withdrawals — Withdrawal-term transparency: medium.
- Trading Platform & Products — Mobile availability: disclosed.
- Trading Platform & Products — Trading-product transparency: medium.
- Trading Platform & Products — Platform testing: provider disclosed only.
Supplementary independent evidence
- Track Record & Independent Evidence — Independent-source documentation: medium.
Evidence gaps
- Regulation & Legal Entity — Regulatory warnings and enforcement: unassessed.
- Safety & Client Protection — Client-money segregation: unassessed.
- Safety & Client Protection — Negative-balance protection: unassessed.
- Safety & Client Protection — Investor-protection coverage: unassessed.
- Safety & Client Protection — Security controls: unassessed.
- Transparency — Contact transparency: unassessed.
- Deposits & Withdrawals — Independent withdrawal testing/corroboration: unassessed.
- Deposits & Withdrawals — Verified withdrawal findings: unassessed.
- Track Record & Independent Evidence — Operating history: unassessed.
- A relevant entity/regulator relationship is verified; other group licences and account-specific coverage remain unresolved.
Verified concerns
No verified adverse finding is recorded in these inputs. This is not a clean bill of health or continuous monitoring.
Broker Overview
Exness is a multi-entity trading group, not a single global contracting company. The applicable company, products, leverage, fees and protections depend on customer location and account terms.
| Independent regulator record | CySEC record for Exness (Cy) Ltd, licence 178/12. |
|---|---|
| Retail availability caveat | Exness states Exness (Cy) Ltd and Exness (UK) Ltd do not offer retail services. |
| Other regional entities | Some are listed on the group regulatory page; verify the exact entity and permissions for the account. |
| Testing | No live account, execution, deposit or withdrawal test by BrokerSafari. |
Regulation
The CySEC entry is verified for Exness (Cy) Ltd, but Exness explicitly says the company does not offer retail services. Exness also states that Exness (UK) Ltd does not offer retail services. Neither record should be used to infer the entity serving a retail customer in another jurisdiction.
Exness lists further regulated entities on its corporate site. The account agreement must identify the company, its regulator and the product scope relevant to the customer.
Legal Entity & Jurisdiction
Exness (Cy) Ltd
| Legal entity | Exness (Cy) Ltd |
|---|---|
| Regulator | Cyprus Securities and Exchange Commission (CySEC) |
| Licence / reference | CySEC licence 178/12; company registration 293057 |
| Jurisdiction | Cyprus |
| Client type | Not available in the cited record; check the local account agreement. |
| Record status | Listed in the CySEC investment-firm register when checked; Exness states that the entity does not offer retail services. |
| Evidence type | Regulator record |
| Source | CySEC — Exness (Cy) Ltd |
| Last checked |
Exness (SC) Ltd
| Legal entity | Exness (SC) Ltd |
|---|---|
| Regulator | Seychelles Financial Services Authority (FSA) |
| Licence / reference | SD025, as disclosed by Exness |
| Jurisdiction | Seychelles |
| Client type | Not available in the cited record; check the local account agreement. |
| Record status | Provider-disclosed on Exness’s regulatory page; not independently matched to a current FSA record in this research pass. |
| Evidence type | Provider disclosure |
| Source | Exness — regulatory disclosures |
| Last checked |
Exness (VG) Ltd
| Legal entity | Exness (VG) Ltd |
|---|---|
| Regulator | Not available in this research record |
| Licence / reference | Not available in this research record |
| Jurisdiction | British Virgin Islands |
| Client type | Not available in this research record; check the local account agreement. |
| Record status | No regulator record matched for this entity in the cited material. |
| Evidence type | Exness regulatory page discloses this entity and licence SIBA/L/20/1133; not independently matched in this research pass. |
| Source | Not available in this research record |
| Last checked |
Exness (UK) Ltd
| Legal entity | Exness (UK) Ltd |
|---|---|
| Regulator | Not available in this research record |
| Licence / reference | Not available in this research record |
| Jurisdiction | United Kingdom |
| Client type | Not available in this research record; check the local account agreement. |
| Record status | No regulator record matched for this entity in the cited material. |
| Evidence type | Provider disclosure; Exness states this entity does not offer retail services. This review does not claim that it serves a retail account. |
| Source | Not available in this research record |
| Last checked |
Broker brands may operate through multiple companies. The applicable regulator, permissions, products, client protections and complaint route depend on the legal entity named in the account agreement and the customer’s jurisdiction. A group company’s licence does not automatically apply to another company.
License Information
| Exness (Cy) Ltd | CySEC licence 178/12; official register record checked; provider says no retail services. |
|---|---|
| Exness (SC) Ltd | FSA Seychelles reference SD025; provider-disclosed, not independently matched in this review. |
| Exness (VG) Ltd | Provider-disclosed reference SIBA/L/20/1133; not independently matched in this review. |
| Last checked | 22 October 2026 |
Company Information
Exness publishes separate legal documents and entity disclosures. This review has not independently established which company would contract with a particular applicant; the terms presented during account opening are essential.
Trading Platforms
Exness describes web and mobile access and a range of platform options. Third-party terminal availability and account-server access can depend on the regional company and account type. BrokerSafari did not connect to a live or demo server.
Trading Products
Exness’s public pages describe leveraged products across forex and other asset classes. The actual instrument list, contract type and account eligibility must be checked for the entity serving the customer; a global homepage is not a complete local product specification.
Trading Conditions
The provider publishes different account types and variable conditions. Spreads can change with instrument and market conditions; account leverage and execution terms also depend on the applicable agreement. This review does not reproduce a fixed headline spread as a typical cost.
Fees
| Spreads | Variable; instrument and account dependent. |
|---|---|
| Commission | May apply to selected account types or instruments; check the current account schedule. |
| Swap / overnight charges | May apply depending on instrument and account eligibility; provider describes some swap-free instruments. |
| Deposits and withdrawals | Exness states that its own fees may be absent for some methods, but payment-specific charges or conditions can apply. |
| Live pricing test | Not conducted by BrokerSafari. |
Deposit & Withdrawal
Exness describes local and international payment methods and says some payment methods may involve charges. The available method, limits, processing and third-party fees can vary by region and account. BrokerSafari has not deposited or withdrawn funds.
Research Summary
The review confirms one official CySEC record, records a second licence as provider-disclosed, and highlights the group’s stated non-retail scope for its UK and Cyprus entities. Other terms and platform claims remain provider disclosures.
Safety / Regulation Analysis
A licence held by an affiliate does not identify the retail account counterparty. Verify the legal name, regulator entry, permissions, country and product in the agreement. Company claims about payment speed or security are not firsthand test results and do not guarantee an outcome.
Our View
Exness publishes a detailed multi-entity regulatory page, and CySEC independently lists Exness (Cy) Ltd under licence 178/12.
The critical distinction is retail eligibility: Exness says its UK and Cyprus entities do not offer retail services. The account-serving company must be identified separately.
A score does not guarantee results or establish that a broker is safe. Every broker receives an evidence score. Unknown information is excluded from quality assessment, not treated as poor performance. Coverage, confidence and a modest evidence-gap penalty reflect research limitations; verified concerns and regulatory caps remain separate.
What Is Exness?
Exness operates through multiple legal entities and directs customers to regional websites and account agreements. This review does not treat group-level licences as covering every customer.
The provider publishes platform, product, cost and funding information, but BrokerSafari has not tested any account or payment process.
Is Exness Regulated?
CySEC’s register lists Exness (Cy) Ltd under licence 178/12. Exness states that this company and Exness (UK) Ltd do not serve retail clients. Other entity references on the group page are provider disclosures unless separately verified.
Company and Legal Entity
The group publishes multiple legal entities and legal-document sets. The exact contracting company for a customer is not determined by the brand name alone.
A brand name, a company registration and a financial-services licence are different things. A company registration alone should not be interpreted as a financial-services licence. The legal entity in the customer agreement must match the relevant regulatory record and the services being supplied.
Markets and Trading Products
The Exness website describes leveraged products across multiple asset classes. Instruments and account access vary by entity and jurisdiction; no universal product list is asserted here.
Trading Platform
Exness describes web/mobile platform access and third-party terminal options. Platform testing and account compatibility checks were not performed by BrokerSafari.
BrokerSafari has not independently tested the trading platform. A published platform name or download link is not a test of execution, account access, data security or the ability to recover money.
Fees and Trading Costs
Published fees include variable spreads and possible account- or instrument-specific commission and overnight charges. A payment method may also have its own terms or fees.
Deposits and Withdrawals
The provider lists multiple payment methods and notes that charges and processing depend on the method and region. No payment was independently tested.
BrokerSafari has not independently tested withdrawals from Exness. Before funding an unfamiliar provider, review withdrawal eligibility, identity-verification requirements, fees, payment-recipient details and the entity responsible for the account. No withdrawal speed or success rate is asserted here.
Is Exness Safe?
Regulatory evidence is entity-specific. Confirm that the entity in the agreement serves retail customers in the relevant jurisdiction and holds permissions for the offered product.
What Should Traders Verify?
- Match the exact website and legal entity against the customer agreement and payment recipient.
- Search the relevant regulator’s official register; compare the name, domain, reference number and contact details.
- Check whether the permission covers the intended service, client category and jurisdiction.
- Read the complete fee schedule, including overnight financing, conversion and account charges.
- Review funding, withdrawal and account-closure terms before sending money.
- Identify the complaint route and any investor-protection eligibility; do not assume these apply across a group.
Evidence Reviewed
A Last Checked date records when the source or its availability was reviewed. It is not a promise of continuous monitoring. A record found for a similarly named company is not transferred to the entity under review. No third-party rating or customer report is adopted as regulatory verification.
What We Could Verify
- CySEC lists Exness (Cy) Ltd under licence 178/12.
- Exness states that Exness (Cy) Ltd and Exness (UK) Ltd do not provide retail services.
- The provider publishes separate legal documents and regional entity disclosures.
Information Still Unclear
- The legal entity that would serve a particular reader until the account agreement is checked.
- Current regulator status and client scope for group entities not independently matched here.
- Live costs, execution, platform performance and payment outcomes; none were tested.
How BrokerSafari reviews brokers
| Evidence standards | BrokerSafari prioritizes primary evidence such as financial-regulator registers, legal disclosures and official company documents. Broker claims are attributed to the broker unless independently verified. Third-party reviews and user reports may provide useful context, but they are not treated as substitutes for regulatory records. |
|---|
Risk disclaimer
This review is general research, not personal financial advice or a recommendation to open an account. Trading and investing involve the risk of loss. Leverage can increase losses, while regulatory authorization does not guarantee investment performance, withdrawal outcomes or provider solvency.
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FAQ
CySEC lists Exness (Cy) Ltd under licence 178/12. Exness states that this entity and Exness (UK) Ltd do not offer retail services. Retail account eligibility and the servicing entity depend on the customer’s jurisdiction and agreement.
The evidence confirms one regulator record and identifies the provider’s disclosed entity structure, but does not give a universal verdict for every account. Verify the exact legal company and its permissions before relying on a licence claim.
Exness has entity-specific regulatory records, but account safeguards depend on the company, product and country. BrokerSafari did not test account operations, execution or withdrawals.
Exness publicly identifies several operating companies on its regulatory and legal-document pages. This review does not infer a specific contracting entity from the group brand.
Exness operates regional websites and entities. The customer agreement and local regulator record determine the service and protections for an individual account.
Confirm the precise legal entity and domain in the account agreement, then check the relevant regulator’s own register for matching permissions and contact details. Read the fee schedule, withdrawal conditions and complaint procedure. Establish which jurisdiction governs the account and whether any investor-protection scheme applies. A group licence or a similarly named firm is not sufficient evidence for your particular account.
No. This page is desk research of the public sources and limitations identified in Evidence Reviewed. BrokerSafari has not opened or funded an account, placed live trades, measured execution or independently tested withdrawals from this provider. Company descriptions of platform features and transaction times are not firsthand findings. The numerical Evidence Score reflects documented research, not firsthand testing or assurance of operational reliability.