Is Exness Legal in Thailand?
What Is Exness?
Founded in 2008, Exness is a global forex and Contracts for Difference (CFD) broker headquartered in Cyprus. With over 800,000 active clients and a monthly trading volume exceeding $4.5 trillion as of 2023, Exness has established itself as one of the largest retail brokers worldwide. The platform offers a diverse range of financial instruments, including:
Forex pairs: Major, minor, and exotic currency pairs.
Commodities: Gold, silver, crude oil, and more.
Indices: Popular stock indices like the S&P 500 and FTSE 100.
Cryptocurrencies: Bitcoin, Ethereum, and other digital assets.
Stocks: CFDs on major companies like Apple, Tesla, and Google.
Exness is renowned for its tight spreads (starting from 0.0 pips), high leverage (up to unlimited in some cases), and fast execution speeds. It operates primarily through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are industry standards for online trading. Additionally, Exness offers a mobile app, Exness Go, for traders who prefer to manage their trades on the go. But how does Exness fit into Thailand’s financial landscape, and is it legal for Thai traders to use? Let’s dive into the details.