6 minute read
Is Exness a Good Broker in Nepal? A Comprehensive Review
from Exness
by Exness Blog
Yes, Exness is considered a good broker in Nepal due to its strong regulatory framework, low trading costs, user-friendly platform, and fast deposits/withdrawals. However, whether it's the best option for you depends on your trading style, goals, and expectations. In this article, we’ll explore everything you need to know about Exness from a Nepali trader’s perspective, including regulation, platform usability, fees, support, and more.
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1. Who is Exness?
Exness is a global forex and CFD broker established in 2008. It is regulated by top-tier authorities such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. With over 700,000 active clients globally and trillions in monthly trading volume, Exness is one of the largest brokers in the world.
The company offers trading on a variety of financial instruments, including:
Forex (major, minor, and exotic pairs)
Commodities (gold, silver, oil)
Indices
Cryptocurrencies
Stocks
So, how does this global broker perform in the context of Nepal?
2. Is Exness Legal in Nepal?
Currently, Nepal Rastra Bank (NRB) does not allow the direct use of foreign currency for investment purposes, including forex trading. However, many Nepali traders still access international brokers like Exness using digital wallets, cryptocurrencies, or international payment methods.
This means that while forex trading is not officially supported in Nepal, individuals can still trade at their own risk. Exness does not have a physical office in Nepal, but its online services are accessible without restriction. Thousands of Nepali traders use Exness daily.
So, from a legal perspective, trading with Exness is not illegal, but it's also not officially regulated or recognized in Nepal. Proceed with caution, ensure you understand the risks, and never invest money you can't afford to lose.
3. Is Exness Safe?
Yes, Exness is a safe and reliable broker. Here’s why:
A. Regulation
Exness is regulated by multiple financial authorities, including:
FCA (UK) – License number 730729
CySEC (Cyprus) – License number 178/12
FSA (Seychelles) – For international clients
These regulatory bodies enforce strict financial standards, client fund segregation, and regular audits. Although Nepali clients fall under the FSA license (which is less strict than FCA), the overall reputation of Exness remains positive.
B. Fund Security
Exness keeps client funds in segregated accounts, meaning your money is not used for the broker’s operational costs. They also offer negative balance protection, which ensures you won’t lose more money than you deposit.
4. Account Types Available for Nepali Traders
Exness offers both Standard and Professional accounts, with the most popular being the Standard and Raw Spread accounts.
Standard Account:
Zero commission
Spreads from 0.3 pips
Suitable for beginners
Raw Spread Account:
Spreads from 0.0 pips
$3.5 commission per lot
Ideal for scalpers and experienced traders
Minimum deposit requirements vary based on the payment method. For most Nepali users, you can start trading with as little as $10 using e-wallets or crypto.
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5. Deposit and Withdrawal Methods in Nepal
One of the biggest advantages of Exness in Nepal is the smooth deposit and withdrawal process. Here’s how Nepali traders typically fund their accounts:
Popular Methods:
USDT (TRC20/ERC20) – Most preferred due to low fees and fast processing
Perfect Money – Easy to use in Nepal
Skrill/Neteller – Accepted widely but comes with higher fees
Bitcoin (BTC) – For those who prefer crypto
Local Exchangers – Third-party services that help convert NPR to USDT or Perfect Money
Exness processes withdrawals instantly or within a few hours for most methods. This is a key benefit compared to many brokers that take days to process payouts.
✅ Tip: Always verify the wallet address and double-check before sending crypto. Mistakes cannot be reversed.
6. Trading Platform and Tools
Exness offers access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available for:
Desktop (Windows & Mac)
WebTrader (browser-based)
Mobile apps (iOS & Android)
Features:
One-click trading
Advanced charting tools
Technical indicators
Algorithmic trading with Expert Advisors (EAs)
Economic calendar and market news
VPS hosting (for professional traders)
Exness also has its own Exness Trader App, which is extremely beginner-friendly. It allows you to open, monitor, and close trades from your phone with just a few taps.
7. Trading Costs and Spreads
Exness is known for its competitive pricing. Depending on your account type, here’s what to expect:
Standard Account:
Spreads start from 0.3 pips
No commission
Raw Spread Account:
Spreads from 0.0 pips
$3.5 per lot per side commission
There are no hidden fees for deposits or withdrawals when using most supported methods. Overnight swap fees apply, but Exness also offers swap-free options (Islamic accounts) on request.
8. Customer Support in Nepal
Exness provides 24/7 customer support in English. Support channels include:
Live chat
Email
Help center with FAQs and guides
Currently, Exness does not offer Nepali language support, but many Nepali traders communicate in English or Hindi with the support team.
The response time is fast — typically within 30 seconds on live chat.
9. Education and Research
If you're a beginner, Exness offers a variety of educational resources:
Webinars (in English and other languages)
Video tutorials
Trading articles
Glossary and platform guides
While there’s no localized content for Nepal specifically, the resources are valuable for anyone looking to learn forex trading from scratch.
10. Pros and Cons of Using Exness in Nepal
✅ Pros:
Trusted and regulated international broker
Low minimum deposit
Instant deposits and withdrawals
Tight spreads and low fees
Supports crypto and e-wallet funding
User-friendly app for beginners
Fast customer support
❌ Cons:
Not officially regulated in Nepal
No local office or Nepali language support
Risk of using third-party exchangers
Limited stock and ETF offerings compared to other brokers
11. What Do Nepali Traders Say About Exness?
Many Nepali traders praise Exness for its fast withdrawals, low spreads, and smooth mobile experience. Local trading communities on Telegram and Facebook often recommend Exness to beginners due to its reliability and simplicity.
However, a few users caution against using unverified local exchangers, which may scam unsuspecting traders. Always use trusted methods and avoid sharing sensitive login details with anyone.
12. Is Exness the Best Forex Broker in Nepal?
It depends on your needs.
If you value fast withdrawals, low spreads, crypto funding, and a simple trading experience, Exness is arguably one of the best brokers available to Nepali traders.
However, if you’re looking for a broker with a local office, Nepali language support, or official government recognition, you won’t find it here (or with any other major forex broker for now).
For most individual traders in Nepal — especially those starting with small capital — Exness is a solid choice.
Conclusion: Should You Use Exness in Nepal?
Yes, Exness is a good broker in Nepal, especially for traders who:
Prefer fast crypto or e-wallet transactions
Want access to low spreads and minimal commissions
Trade on MT4/MT5 or mobile
Are comfortable trading in USD or USDT
Just keep in mind the legal grey area, use secure payment methods, and don’t fall for scams promising “guaranteed profits.” Like any trading platform, Exness provides the tools — but the results depend on your skills and discipline.
If you're ready to trade responsibly and want a trustworthy platform, Exness is a broker worth considering in Nepal.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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