The Exness Group is a multi-asset brokerage; a brokerage being any organisation or company that buys and sells financial assets. In this case, Exness deals with financial instruments such as CFD on Crypto, Forex, and metals among many other trading instruments.
The role of a traditional securities broker is to act as an intermediary between an investor and a securities exchange, centralised locations such as the New York Stock Exchange (NYSE) or London Stock Exchange (LSE) are examples. There are different approaches to brokering, but that’s an entire topic on its own so we recommend reading more about understanding market makers if you would like a detailed look at the Exness approach.
Exness offers only CFD (or Contract For Difference) products on the range of trading instruments and therefore does not operate as a securities broker, but as a multi-asset broker.
Aside from executing the orders on behalf of their clients, brokerages are also expected to provide research, services, and market intelligence - these functions make the difference between a good broker and a great one. Although important for day-to-day operations, it is competitive trading conditions where the attractive advantages are found; unlimited leverage and spread type are examples of these conditions.
A brokerage requires very strict regulations and licencing to operate; with Exness those organisations include:
- Financial Services Authority (FSA)
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Conduct Authority (FCA)
- Financial Sector Conduct Authority (FSCA)
- Central Bank of Curacao and Sint Maarten (CBCS)
- Financial Services Commission (FSC) - British Virgin Islands
We recommend reading more about the regulatory details for Exness to understand how comprehensively covered we are.
Another important consideration a brokerage must provide is transparency; it’s with this in mind that Exness publishes financial audits periodically. These are provided by independent auditor Deloitte, one of the “big four” global auditors, to ensure accuracy, though Exness does partner with other independent auditors depending on the requirements of the financial audit (geography, regulations, etc).