Founded in 2008 and headquartered in Cyprus, Exness has grown into one of the world's largest forex brokers, processing over $5 trillion in monthly trading volume. For Sri Lanka traders, Exness offers a compelling package: ultra-low minimum deposits ($10), high leverage up to 2000:1, and a wide range of trading instruments including forex, gold, oil, indices, and cryptocurrencies. The broker supports local payment methods like Bank Transfer, Skrill, and USDT, making it easy for Sri Lankans to fund accounts. With strong regulation from the FCA, CySEC, ASIC, and other top-tier bodies, Exness provides a secure environment for retail forex traders in Sri Lanka. Whether you're a beginner or an experienced trader, Exness's flexible account types and robust platforms (MT4/MT5) cater to diverse trading styles. Its Islamic account option also makes it accessible to Muslim traders in Sri Lanka. Overall, Exness is a reliable and cost-effective broker for the Sri Lankan market.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,ASIC,FSA,FSCA,CBCS |
| Min Deposit | $10 |
| Max Leverage | 2000 |
| Platforms | MT4, MT5 |
| Islamic Account | β Available |
| Copy Trading | β Not available |
| Demo Account | β Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $0 | 0.10 pips | 0.10 pips |
| GBP/USD | 0.30 pips | $0 | 0.30 pips | 0.30 pips |
| XAU/USD | 0.15 pips | $0 | 0.15 pips | 0.15 pips |
| S&P500 | 0.50 | $0 | 0.50 | 0.50 |
| BTC/USD | $50 | $0 | $50 | $50 |
| Feature | Available |
|---|---|
| Demo Account | β Yes |
| ECN/Raw Account | β Yes |
| Islamic (Swap-free) | β Yes |
| Scalping Allowed | β Yes |
| Hedging Allowed | β Yes |
| Expert Advisors (EA) | β Yes |
| Copy Trading | β No |
Exness offers a genuine swap-free Islamic account for Sri Lanka Muslim traders who wish to trade in accordance with Sharia law. This account type is available on all account tiers β Standard, Standard Cent, Raw Spread, and Zero β with no swap charges on overnight positions. Importantly, Exness does not impose any hidden fees or expiry dates on Islamic accounts, making it one of the most transparent swap-free offerings in the industry. To apply, Sri Lanka traders simply need to request an Islamic account via the Exness client portal or contact customer support via live chat. The request is usually processed within 24 hours. Once activated, the account remains swap-free indefinitely. This is a significant advantage for Muslim traders in Sri Lanka who want to trade forex without interest.
| Feature | Details |
|---|---|
| Islamic Account Available | β Yes |
| Swap Fees | β No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | β All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | β Available | 0.15 pips |
| Silver (XAG/USD) | Spot Silver | β Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | β Available | $0.03β$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | β Available | 0.50 |
| Crypto CFDs | BTC, ETH, XRP, SOL | β Available | $50 |
| Shares CFDs | Apple, Tesla, Amazon | β Available | 0.02% |
| ETF CFDs | SPY, QQQ | β Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | β Yes | Built into platform, real-time |
| Daily Market Analysis | β Yes | Written + video reports |
| Video Tutorials | β Yes | Beginner to advanced |
| Live Webinars | β Yes | Weekly sessions, recorded |
| Demo Account | β Yes | Unlimited, no expiry |
| Copy Trading | β No | Not available |
| Free VPS | β Yes (active traders) | For EA/automated trading |
| Local Language Support | β No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | β Yes | 24/5 (Mon-Fri) | β β β β β Excellent |
| Email Support | β Yes | 24/5 | β β β β β Very Good |
| Phone Support | β Yes | Business hours | β β β β β Good |
| β No | β | Not available | |
| Local Language | β No | β | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Exness β | $10 | 0.10 pips | β | β | 4.1 |
| Pepperstone | $0 | 0.09 pips | β | β | 4.9 |
| IC Markets | $200 | 0.02 pips | β | β | 4.8 |
| XM Group | $5 | 0.80 pips | β | β | 4.7 |
Understanding how Exness protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Sri Lanka traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | β Yes | Client money held in separate bank accounts |
| Negative Balance Protection | β Yes | Losses capped at account balance |
| Top-tier Regulation | β Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | β Yes | Up to Β£85,000 (FCA) or β¬20,000 (CySEC) |
| 2FA Security | β Yes | Two-factor authentication available |
| SSL Encryption | β Yes | All data encrypted in transit |
| Audit & Reporting | β Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Exness relevant to Sri Lanka traders:
Exness is a highly recommended broker for Sri Lanka traders, especially those starting out or trading with small capital. The low minimum deposit ($10), high leverage (2000:1), and local payment methods (Bank Transfer, Skrill, USDT) make it easy to get started. The broker's strong regulatory oversight from the FCA, CySEC, and ASIC provides a secure environment, though the absence of a Sri Lanka-specific license is a minor concern. The genuine Islamic account is a big plus for Muslim traders. Best suited for retail forex traders who prioritize low costs, flexible leverage, and reliable platforms (MT4/MT5). More advanced traders may miss cTrader or TradingView. Overall, Exness offers excellent value and is a top choice for Sri Lanka traders.