Which countries does Exness work in? Banned & Supported Countries

If you’re considering using Exness for forex or CFD trading, one of the first questions you should ask is: Which countries does Exness work in? The answer is both straightforward and nuanced. Exness operates in over 100 countries, but due to regulatory restrictions, there are certain regions where its services are not available.

Let’s dive directly into where Exness is available, where it’s restricted, and what that means for traders around the world.

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Exness Operates in Over 100 Countries

Exness is a globally recognized multi-asset broker, offering access to forex, stocks, indices, cryptocurrencies, and commodities. It holds licenses from top-tier regulators such as:

• The Financial Services Authority (FSA) in Seychelles

• The Financial Sector Conduct Authority (FSCA) in South Africa

• The Cyprus Securities and Exchange Commission (CySEC)

• The Financial Conduct Authority (FCA) in the UK

• The Capital Markets Authority (CMA) in Kenya

• The Financial Services Commission (FSC) in Mauritius

These regulatory licenses allow Exness to offer its services across a vast network of jurisdictions, especially in Asia, Africa, the Middle East, Latin America, and parts of Europe.

Countries Where Exness Actively Works

Exness is actively offering services in many countries where forex and CFD trading are legally allowed and regulated. These include:

1. Asian Countries

Exness is popular in several Asian nations where forex trading is legal and widely practiced:

• Thailand

• Vietnam

• Indonesia

• Malaysia

• India

• Pakistan

• Philippines

• Sri Lanka

• Bangladesh

• Nepal

In these regions, Exness often provides localized customer support, accepts local payment methods, and adapts its platform to regional preferences.

2. Africa

Exness has significantly expanded its footprint in Africa, thanks to the license from FSCA South Africa and FSC Mauritius. It’s operational in:

• Nigeria

• Kenya

• Ghana

• South Africa

• Uganda

• Tanzania

• Zambia

• Namibia

• Botswana

Exness provides multi-currency accounts, supports mobile money, and offers Islamic (swap-free) accounts where appropriate.

3. Middle East

Exness operates in multiple Middle Eastern countries where forex trading is allowed under local regulations:

• United Arab Emirates (UAE)

• Saudi Arabia

• Oman

• Qatar

• Kuwait

• Bahrain

• Jordan

• Lebanon

Thanks to swap-free trading options and Arabic-language support, Exness has seen wide adoption in the region.

4. Latin America

Exness also targets the Latin American market, offering its services in:

• Brazil

• Mexico

• Colombia

• Peru

• Argentina

• Chile

With local payment methods like PIX (Brazil) and regional language support, Exness continues to grow its user base here.

5. Europe (Non-EU Regions)

While Exness has a CySEC license and operates within certain EEA guidelines, most of its EU operations are limited due to regulatory constraints. However, in non-EU European nations, Exness is available, such as:

• Ukraine

• Serbia

• Georgia

• Azerbaijan

• Armenia

These countries allow traders more flexibility with leverage and instrument access.

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Countries Where Exness Is Not Available

Despite its broad global presence, there are key countries where Exness does NOT operate, primarily due to regulatory, legal, or geopolitical restrictions.

1. United States

Exness is not available to residents of the United States. The U.S. forex market is heavily regulated by the CFTC and NFA, and Exness is not licensed to operate there.

2. European Union (EU)

Although Exness holds a CySEC license, its services to EU countries are limited or restricted due to MiFID II regulations and Exness’s decision to scale down its EU retail operations. As a result, residents in Germany, France, Spain, Italy, and other EU countries may not be able to open an Exness account under the global entity.

3. United Kingdom

Exness UK is registered with the FCA, but the brand no longer offers retail trading services in the UK. This is due to the company's strategic shift away from UK retail operations.

4. Canada

Like the U.S., Canada has strict financial regulatory requirements, and Exness does not operate in the country.

5. North Korea, Iran, Syria

Due to international sanctions, Exness is not available in:

• North Korea

• Iran

• Syria

These regions are typically banned by most global financial institutions.

6. Other Restricted Countries

Depending on evolving regulations, Exness may also restrict or block access in:

• Belgium

• Japan

• Israel

• Yemen

• Cuba

• Russia (Retail trading currently not offered)

It’s always best to check Exness’s official website or contact support to confirm your country’s eligibility.

Why Does Exness Restrict Some Countries?

Exness’s availability is influenced by three main factors:

1. Regulatory Licensing

To operate in a country, brokers must comply with the local financial regulatory authority. In many jurisdictions, this involves obtaining expensive, time-consuming licenses. Exness focuses its efforts on regions where licensing is achievable and aligns with its business model.

2. Legal Restrictions

Countries like the U.S. and Canada have protectionist forex laws that prevent foreign brokers from targeting their citizens. Exness, like many brokers, simply chooses to avoid legal complications by not offering services there.

3. Business Strategy

Exness strategically focuses on emerging markets, where demand is high and regulation is less burdensome. These regions also allow higher leverage, making them more attractive to Exness’s retail client base.

How to Check If Exness Works in Your Country

If you're unsure whether Exness operates in your region, follow these steps:

1. Visit the Exness website from your local IP address. The platform automatically detects your country.

2. Try creating an account. If you're in a restricted region, you'll receive a notice.

3. Contact live chat support. Exness has 24/7 multilingual support to clarify any questions.

4. Use a VPN with caution. While some users try to bypass restrictions using VPNs, this can lead to account closure or withdrawal issues if you're found violating the terms of service.

Conclusion: Where Can You Use Exness?

In summary, Exness works in over 100 countries, with a strong presence in Asia, Africa, the Middle East, and Latin America. However, it does not operate in regions with strict financial regulations or international sanctions, such as the USA, Canada, EU, and North Korea.

If you live in a supported country, Exness can offer a powerful trading experience with low spreads, fast execution, and a flexible range of instruments. However, always verify your country’s status before registering to avoid potential issues.

Final Thoughts

Choosing the right broker begins with ensuring they are available and legally compliant in your region. Exness has built its reputation by focusing on accessibility, transparency, and robust infrastructure in high-demand markets. If your country is on the supported list, Exness can be a competitive option worth considering.

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