Jack R Jackson

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Is Exness safe or a scam broker?

Exness, officially Exness Group, was founded in 2008 and has grown into one of the largest retail forex and CFD brokers globally, with reported monthly trading volumes exceeding $3 trillion. It operates multiple regulated entities: Exness (UK) Ltd and Exness (CY) Ltd, licensed by the FCA and CySEC, as well as entities under the Seychelles FSA, Mauritius FSC, and South Africa FSCA. The broker’s official website is https://www.exness.com . The FCA and CySEC registrations place Exness in the high-trust category, enforcing strict financial requirements and investor protections. Its offshore entities allow flexible leverage and conditions for international clients. Independent reviews highlight Exness as a trustworthy broker with transparent reporting, as it publishes financial data audited by Big Four accounting firms. While some traders critique its reliance on offshore entities for global operations, there is no evidence suggesting scam behavior. Overall, Exness is considered a safe and regulated broker.