Exness · Broker overview
That structure matters for a South African reader because the entity on your contract, not the brand.
- Account types
- Standard · Standard Cent · Pro · Zero · Raw SpreadChecked on 2026-09-13 · Source: exness.com
- Spreads
- Standard from 0.2 pips · Pro from 0.1 pips · Zero from 0 pips · Raw Spread from 0 pipsChecked on 2026-09-13 · Source: exness.com
- Commission
- Standard: none · Pro: none · Zero: from 0.05 USD per lot per side · Raw Spread: up to 3.50 USD per lot per sideChecked on 2026-09-13 · Source: exness.com
- Maximum leverage
- Majors: customizable · USD/ZAR 1:200 · indices 1:200–1:400 · USOIL 1:2000 · USD/MXN 1:50Checked on 2026-09-14 · Source: exness.co.za · trading conditions
- Margin call and stop out
- Margin call: 60% (Standard), 30% (Pro, Zero, Raw Spread) · Stop out: 0% · Hedged margin: 0%Checked on 2026-09-13 · Source: exness.com
- Order execution
- Market: Standard, Zero, Raw Spread · Instant: Pro (market for crypto)Checked on 2026-09-13 · Source: exness.com
- Platforms
- Exness Terminal · Exness Trade · MT4 · MT5Checked on 2026-09-13 · Source: exness.com
- Swap-free account
- Available on all account typesChecked on 2026-09-13 · Source: exness.com
That structure matters for a South African reader because the entity on your contract, not the brand, determines which regulator stands behind your account.
Spreads and commission, account by account
Typical spreads differ by account type. Standard starts from 0.2 pips, Pro from 0.1 pips, Zero from 0 pips, and Raw Spread from 0 pips. Commission follows the same split: Standard and Pro charge none, Zero charges from 0.05 USD per lot per side, and Raw Spread up to 3.50 USD per lot per side. The trade-off is structural — the accounts quoting from zero spread recover the cost on commission, and the accounts with no commission price it into the spread.
| Account | Typical spread from | Commission | Execution |
|---|---|---|---|
| Standard | 0.2 pips | None | Market |
| Standard Cent | — | — | — |
| Pro | 0.1 pips | None | Instant (market for crypto) |
| Zero | 0 pips | From 0.05 USD per lot per side | Market |
| Raw Spread | 0 pips | Up to 3.50 USD per lot per side | Market |
On the Standard account, individual instrument spreads are published per pair. EUR/USD is quoted at 0.8 pips, GBP/USD at 1 pip, USD/JPY at 1 pip, AUD/USD at 0.9 pips, AUD/JPY at 1.1 pips, EUR/GBP at 1.3 pips, EUR/JPY at 1.6 pips, GBP/JPY at 2.2 pips, NZD/USD at 1.4 pips, USD/CAD at 1.4 pips and USD/CHF at 1.3 pips — commission $0 on all of them. The ZAR pair sits far outside that band: USD/ZAR is quoted at 116.8 pips. USD/MXN is 63.45 pips and USD/THB 300 pips. Metals and energy follow their own scale: XAU/USD 26 pips, XAG/USD 3 pips, USOIL 2 pips, US30 1 pip. All of these carry $0 commission on Standard.
Rules are one half of the picture and conditions are the other. Look at what a broker charges before you move any money.
Trading conditionsLeverage, margin thresholds and where the limits bite
Leverage is not uniform. Majors are customizable, while USD/ZAR is capped at 1:200, USD/MXN at 1:50, indices at 1:200–1:400, and USOIL at 1:2000. The ZAR pair carrying a lower ceiling than oil is the detail worth pausing on: the cap reflects the pair's volatility characteristics, not its liquidity in your local market.
Margin thresholds differ between account families. Margin call triggers at 60% on Standard, and at 30% on Pro, Zero and Raw Spread. Stop out is 0% across the board, and hedged margin is 0%. Lot limits are Min 0.01 and Max 200 lots between 07:00 and 20:59 GMT+0, dropping to 60 lots between 21:00 and 06:59 GMT+0. Open positions are unlimited. The overnight window is where position sizing on larger accounts runs into a hard ceiling.
Swaps: the cost that does not appear on the spread line
Swap rates on Standard vary widely and often run in only one direction. EUR/USD shows -0.57/0 pips, GBP/USD -0.14/-0.14 pips, AUD/USD 0/-0.18 pips, EUR/GBP -0.43/0 pips, USD/JPY 0/-1.33 pips, USD/CAD 0/-0.81 pips, USD/CHF 0/-0.94 pips, NZD/USD -0.39/0 pips, EUR/JPY 0/-0.89 pips, GBP/JPY 0/-1.84 pips, AUD/JPY -0.01/-0.22 pips. USD/ZAR shows -18.7/0 pips and USD/MXN -22.01/0 pips. On commodities and indices the overnight charge is larger still: XAU/USD -53.49/0 pips, XAG/USD -0.84/0 pips, USOIL 0/-20.03 pips, US30 -9.59/0 pips.
For anyone holding positions past the daily rollover, the swap line is not a rounding error. A single-day trade and a multi-week position on the same instrument are different cost structures entirely.
Exness is a globally regulated broker holding multiple licences from financial regulators around the world.