Exness is a globally recognized forex and CFD broker founded in 2008 and headquartered in Cyprus. With over 800,000 active traders worldwide and a monthly trading volume exceeding $4.5 trillion, it is one of the industry's giants. For Djibouti traders, Exness stands out due to its low minimum deposit of $10, high leverage up to 1:2000, and support for popular local payment methods like Bank Transfer, Skrill, and USDT. The broker offers a wide range of instruments, including forex pairs, commodities, indices, and cryptocurrencies, making it suitable for retail traders in Djibouti. Its strong regulatory framework (FCA, CySEC, ASIC, FSA, FSCA, CBCS) adds a layer of security, though it lacks a specific Djibouti license. Overall, Exness is a compelling option for Djibouti traders seeking flexibility, low costs, and a reliable trading environment.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,ASIC,FSA,FSCA,CBCS |
| Min Deposit | $10 |
| Max Leverage | 2 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $0 | 0.10 pips | 0.10 pips |
| GBP/USD | 0.30 pips | $0 | 0.30 pips | 0.30 pips |
| XAU/USD | 0.15 pips | $0 | 0.15 pips | 0.15 pips |
| S&P500 | 0.50 | $0 | 0.50 | 0.50 |
| BTC/USD | $50 | $0 | $50 | $50 |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Exness offers Islamic (swap-free) accounts for Djibouti Muslim traders who wish to trade in accordance with Sharia law. These accounts eliminate interest (swap) on overnight positions, making them halal. The swap-free status is genuine and applies to most instruments, though some exceptions (like cryptocurrencies) may incur a small administrative fee. To apply, simply select the Islamic account option during registration or contact Exness support after opening a standard account. There are no hidden fees, and the account functions identically to regular accounts in terms of spreads, leverage, and platforms. This makes Exness a strong choice for Muslim traders in Djibouti seeking a Sharia-compliant broker.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.15 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.50 |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | $50 |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Exness (current) | $10 | 0.10 pips | Yes | No | 3.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
Exness is a highly recommended broker for Djibouti traders, especially those looking for low costs, high leverage, and flexible payment options. Its strong regulatory framework and long track record since 2008 provide confidence. The availability of Islamic accounts and support for Bank Transfer, Skrill, and USDT make it particularly suitable for Djibouti's retail and Muslim traders. However, the lack of a local license and limited educational resources in local languages are downsides. For experienced traders who can manage risk and verify regulation independently, Exness is an excellent choice. Beginners should use the demo account first and focus on risk management due to the high leverage.