STUDY RECORD · last re-checked 2026-09
Exness (institutional / B2B entities Exness (UK) Ltd and Exness (Cy) Ltd) — institutional liquidity provider
Exness operates through multiple entities with varying regulatory licenses, including FCA and CySEC. Their services are segmented, with institutional offerings restricted to professional clients only. The firm’s self-measured trading volume claims should be approached with caution due to lack of independent verification.
Exness (SC) Ltd · · evidence score 79/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FCA | 730729 | UK | tier-1 | open source ↗ |
| CySEC | 178/12 | Cyprus | tier-2 | open source ↗ |
| FSA Seychelles | SD025 | Seychelles | tier-3 | open source ↗ |
| FSCA | 51024 | South Africa | tier-2 | open source ↗ |
| FSC Mauritius | GB20025294 | Mauritius | tier-2 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
What this record teaches
Four reading skills, each anchored to something the firm actually published.
- 01 — Teaching pointExness operates as a multi-entity broker with various regulatory licenses.
- 02 — Teaching pointInstitutional services are offered by Exness (UK) Ltd and Exness (Cy) Ltd only.
- 03 — Teaching pointRetail clients are served through Exness (SC) Ltd and other international entities.
Claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
Testable claims
- Exness (UK) Ltd is an Investment Firm authorised and regulated by the FCA under FRN 730729, operates exness.uk, and per the group's own regulation page does not offer trading services to retail clients (https://www.exness.com/regulation/)
- Exness (Cy) Ltd is a Cyprus Investment Firm authorised and regulated by CySEC with licence number 178/12, operates exness.eu, and per the same page does not offer services to retail clients
- Exness (SC) Ltd is a Securities Dealer authorised by the Seychelles Financial Services Authority with licence number SD025 (own site); the FSA Seychelles business register lists Exness (SC) Ltd, Type: Securities Dealer, website exness.com (https://fsaseychelles.sc/search-business/exness-sc-ltd)
- Exness ZA (PTY) Ltd is authorised by the South African FSCA as FSP 51024, and Exness (SC) Ltd is additionally authorised as an OTC Derivatives Provider (ODP) by the FSCA; Exness (MU) Ltd holds a Mauritius FSC Investment Dealer licence GB20025294
Claims we cannot verify from outside
- Trading-volume and 'most trusted' style marketing metrics on exness.com are the firm's own figures/characterisations
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| FX, Metals, Energies, Indices, Stocks, Cryptocurrencies | Retail and professional traders via international entities (Exness (SC) Ltd etc.), Institutional/professional-only services via Exness (UK) Ltd and Exness (Cy) Ltd, which the group states do not offer services to retail clients |
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.
Self-check
Answer these before you consider the record read. If you cannot, re-read the licence and the claims ledger — the answers are all in what the firm published.
- What types of clients does Exness (UK) Ltd serve according to its regulations?
- Which regulatory bodies license Exness (Cy) Ltd and Exness (SC) Ltd?