Exness Nigeria
Exness’s Regulatory Status: A Closer Look
Exness’s global operations are backed by multiple regulatory licenses, ensuring a secure trading environment:
Financial Services Authority (FSA), Seychelles: Nigerian traders are typically registered under Exness (SC) Ltd, regulated by the FSA. While the FSA is considered a less stringent regulator compared to CySEC or the UK’s Financial Conduct Authority (FCA), Exness supplements this with robust compliance measures, such as segregated accounts and regular audits by reputable firms like Deloitte.
Cyprus Securities and Exchange Commission (CySEC): Exness (Cy) Ltd is regulated by CySEC, but it does not offer retail services to Nigerian traders, focusing instead on B2B services.