Exness is a globally recognized forex and CFD broker founded in 2008 and headquartered in Cyprus. With a strong presence in the Middle East, it is particularly relevant for United Arab Emirates traders due to its regulation by the Dubai Financial Services Authority (DFSA) in the DIFC. The broker serves over 500,000 active clients worldwide and offers trading in forex, metals, indices, cryptocurrencies, and commodities. For UAE traders, Exness provides localized support in Arabic and English, accepts AED deposits via Bank Transfer, Skrill, and Credit Card, and offers high leverage up to 1:2000 (subject to DFSA limits). The broker is known for its transparent pricing, fast execution, and flexible account types, making it a popular choice among both retail and high-net-worth traders in the UAE. Exness also stands out for its Islamic account option, which is genuinely swap-free and compliant with Sharia law.
| 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 | โ Available |
| Copy Trading | โ Not available |
| Demo Account | โ 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 | โ Yes |
| ECN/Raw Account | โ Yes |
| Islamic (Swap-free) | โ Yes |
| Scalping Allowed | โ Yes |
| Hedging Allowed | โ Yes |
| Expert Advisors (EA) | โ Yes |
| Copy Trading | โ No |
Exness offers a genuine swap-free Islamic account for Muslim traders in the UAE, compliant with Sharia law. This account does not charge or pay swap (interest) on overnight positions. It is available on all account types (Standard, Raw Spread, Zero) and can be requested via live chat or the personal area. There are no hidden fees, but the account is subject to a holding period: if you open and close positions within a short time, swap-free status may not apply. Exness does not charge any additional administrative fees for Islamic accounts. To apply, simply contact customer support and request the conversion. The process takes 24-48 hours. This makes Exness one of the most Sharia-compliant brokers for UAE traders.
| Feature | Details |
|---|---|
| Islamic Account Available | โ Yes |
| Swap Fees | โ 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 | โ All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | โ Available | 0.15 pips |
| Silver (XAG/USD) | Spot Silver | โ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | โ Available | $0.03โ$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | โ Available | 0.50 |
| Crypto CFDs | BTC, ETH, XRP, SOL | โ Available | $50 |
| Shares CFDs | Apple, Tesla, Amazon | โ Available | 0.02% |
| ETF CFDs | SPY, QQQ | โ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | โ Yes | Built into platform, real-time |
| Daily Market Analysis | โ Yes | Written + video reports |
| Video Tutorials | โ Yes | Beginner to advanced |
| Live Webinars | โ Yes | Weekly sessions, recorded |
| Demo Account | โ Yes | Unlimited, no expiry |
| Copy Trading | โ No | Not available |
| Free VPS | โ Yes (active traders) | For EA/automated trading |
| Local Language Support | โ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | โ Yes | 24/5 (Mon-Fri) | โ โ โ โ โ Excellent |
| Email Support | โ Yes | 24/5 | โ โ โ โ โ Very Good |
| Phone Support | โ Yes | Business hours | โ โ โ โ โ Good |
| โ No | โ | Not available | |
| Local Language | โ No | โ | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Exness โ | $10 | 0.10 pips | โ | โ | 4.1 |
| Pepperstone | $0 | 0.09 pips | โ | โ | 4.9 |
| IC Markets | $200 | 0.02 pips | โ | โ | 4.8 |
| XM Group | $5 | 0.80 pips | โ | โ | 4.7 |
Understanding how Exness protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for United Arab Emirates traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | โ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | โ Yes | Losses capped at account balance |
| Top-tier Regulation | โ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | โ Yes | Up to ยฃ85,000 (FCA) or โฌ20,000 (CySEC) |
| 2FA Security | โ Yes | Two-factor authentication available |
| SSL Encryption | โ Yes | All data encrypted in transit |
| Audit & Reporting | โ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Exness relevant to United Arab Emirates traders:
Exness is a highly recommended broker for United Arab Emirates traders, especially those who value DFSA regulation, low trading costs, and a genuine Islamic account. Its tight spreads, fast execution, and flexible account types cater well to both beginners and high-net-worth individuals. The broker's 24/7 support in Arabic and English, along with its local DIFC office, adds convenience. However, the lack of copy trading and limited local payment methods may be drawbacks for some traders. If you are a UAE trader looking for a reliable, regulated broker with excellent spreads and swap-free accounts, Exness is a top choice. It is best for active traders, scalpers, and those who prioritize transparency and regulation.