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Exinity Review

Exinity Review

Exinity is a multi-asset online broker based in the UAE, the Middle East & North Africa (MENA). The broker is a new concept based on investing and trading, combining risk-driven speculation with convenient technology. Our Exinity review will cover the Exinity account types, capital requirements, trading platforms, customer contact details, and more.

Exinity Headlines

Exinity is a part of Exinity Group, a new global wealth management organization backed by 20 years of experience in trading and investment.

The Group is home to its retail businesses including Exinity, Alpari International, and ForexTime (FXTM), with 2m+ clients worldwide.

Exinity (the name combines the word ‘exchange’ with the word ‘infinity’) encapsulates the brand’s core belief in trading – the exchange of value – as a vital engine of prosperity.

The company also runs the established FXTM and Alpari Group brokerage firms.

Exinity believes that the way to create returns over time is to combine longer-term investments with short-term higher-risk trading that can give the potential for returns in any market conditions.

The broker provides opportunities in the Middle East through regulation from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi and the Financial Services Commission of Mauritius.

Trading Platform

The broker offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading terminal options. Both are industry-recognized platforms available for free download to PC desktop devices and compatible to trade via all major web browsers.

MetaTrader 4

  • 9 timeframes
  • Live news streams
  • Customizable charts
  • 4 pending order types
  • Analysis of quote dynamics
  • MQL4 programming language
  • 30+ built-in technical indicators
  • Access to Expert Advisors (EA)
  • Ability to overlay analytical objects
  • User-friendly, multilingual interface

MetaTrader 5

  • 21 timeframes
  • One-click trading
  • Built-in virtual hosting
  • Copy-trading available
  • Integrated market news
  • 4 order execution modes
  • Built-in economic calendar
  • 35 built-in technical indicators
  • Sentiment and economic calendar
  • Set stop loss and Take Profit levels
  • Enhanced order management capabilities
  • Customizable charts, view up to 100 simultaneously
  • 6 pending order types on MT5
Exinity Metatrader 5 Platform
MetaTrader 5 Platform

Both MetaTrader platforms are available in 10+ languages.

Assets

Exinity offers clients trading opportunities in assets in the below global markets:

  • Indices: speculate on 30+ index CFD’s, long or short
  • Stocks: CFD and Stock CFDs available on popular US and Honk Kong shares
  • Forex: 150+ FX pairs across major, minor and exotic currencies
  • Commodities: speculate on metals and energies including gold, silver, and oil

The broker currently does not offer cryptocurrency trading.

Fees

The broker does not charge a commission for any trading activity across stocks, energies, and indices. A $2 per lot commission applies on forex pairs and metals trades.

Exinity spreads are competitive, with ECN-level pricing. Typically these are 0 pips on major forex pairs like EUR/USD and USD/JPY. ECN spreads on US stocks are 3 pips on Apple and 20 pips for Visa trading. Contract specifications can be found on the broker’s website or directly on its trading platforms.

Traders can be assured of no additional account management and data fees if trades are executed at least once per month. The broker offers swap-free trading on positions held for up to 7 days.

Leverage

Exinity offers flexible leverage rates that can be selected at account opening. The maximum leverage opportunities vary by trading volume, though a breakdown of initial rates is given below.

Bear in mind that some financial jurisdictions may limit the maximum leverage you can access.

Also, note that leverage will vary based on the notional value of the trade and market.

  • Major FX: 1:500
  • Minor FX: 1:200
  • Exotic FX: 1:100
  • Indices CFDs: 1:100
  • Commodities: 1:50
  • US Stock CFDs: 1:10

Mobile Apps

MetaTrader 4 and MetaTrader 5 are both available as mobile applications. The apps are free to download for Apple (iOS) and Android (APK) devices. The mobile apps do not quite offer the same functionality as the desktop clients, limiting some analysis tools, indicators, and charting customization options, though the overall functionality is very competitive for mobile platforms.

Exinity Mobile App
Mobile App

Payment Methods

Deposits & Withdrawals

This depends on the account.

Overall, traders can deposit and withdraw funds from an Exinity account using Neteller, credit and debit cards, and bank transfers.

Exinity does not accept cash deposits.

Most payments happen instantly, but if a withdrawal or deposit via bank transfer this can take up to 5 days.

Regulation & Licensing

Exinity Group Limited has regulations across several countries of service. This includes authorization by the Financial Services Regulatory Authority (FSRA) in the UAE to offer the Exinity Pro Trader platform.

Other regulatory approval includes from the Financial Conduct Authority (FCA) in the UK, Financial Services Commission (FSC) in Mauritius, and Capital Market Authority (CMA) in Kenya, East Africa. Exinity Ltd follows stringent compliance measures and traders should feel assured that client funds are held in segregated banks.

Additional Features

There are various additional education and analytical insights available to Exinity traders. This includes insightful commentary from expert analysts highlighting trade ideas and what’s driving current market conditions. The commentary also includes company news expectations and announcements.

Online workshops are available via the broker’s website. These are ideal for new and experienced traders, designed to build trading knowledge from market specialist knowledge.

A blog is available on the broker’s website for the latest news across the Exinity Group. Stay up to date with broker developments, market news, and economic publications.

Account Types

Exinity currently offers only one trading account: Exinity Trader Pro, the first product developed by Exinity Group. The account requires approval before you can begin trading. Base currencies are available in either USD or AED. Minimum deposit requirements are $10,000. Key features of Exinity Trader Pro are:

  • ECN pricing
  • Exclusive events
  • Flexible leverage
  • Scalping opportunity
  • Swap-free, halal trading
  • Negative balance protection
  • Market insight and analysis from experts
  • Personal account management from a dedicated team in Abu Dubai
  • Commission-free trading on stocks, energies, indices, and stock CFDs

To open a Pro account you will need to provide identity verification, proof of address, and evidence of net assets of at least $500,000. These may not be required if clients have sufficient trading experience or relevant industry documents. Applications are processed within 24 hours of completed documents being received by the broker.

Exinity Benefits

  • Mobile trading apps
  • 24-hour customer support
  • Negative balance protection
  • Industry-established MT4 and MT5 access
  • Regulation across the jurisdiction of service
  • Flexible leverage with competitive ECN pricing

Exinity Drawbacks

  • No cryptocurrency trading
  • Commissions charged on forex pairs and metals

Trading hours

The brokerage follows standard office hours and 24-hour trading hours, Monday-Friday. However, these timings may vary by instrument. Exinity publishes upcoming changes to trading hours, including public holidays, on its website.

Exinity trading conditions and fee structure
Exinity MetaTrader 4 Platform

Contact Details

Support is available  24 hours a day Monday – Friday, then 9 am – 2 pm on Saturdays, and 10 am – 6 pm on Sundays (All GMT).

  • Email: Visit the Contact Us page.
  • Contact Number: +971 2418 0300
  • Live Chat: logo at the bottom right of each webpage
  • Address: 16-104, 16 Floor, Al Khatem Tower, ADGM Square, Al Maryah Island, Abu Dubai, UAE

Safety & Security

The Exinity Group presents a high standard of security protocols in place for traders with positive reviews. Personal area and portal access are password protected. Secure login protection is present for the MT4 and MT5 platforms, with high-tech encryptions and industry-standard data privacy.

Restricted Countries

Note, the Exinity brand does not provide services to residents of the USA, Japan, Canada, Mauritius, Haiti, Hong Kong, Suriname, the Democratic Republic of Korea, Puerto Rico, and the occupied area of Cyprus.

Exinity Verdict

Exinity offers a competitive trading environment with an ECN pricing structure, industry-renowned platforms, and swap-free, halal trading.

The Pro Service is advanced and aimed mostly towards experienced traders, requiring evidence of trading experience and a large minimum deposit.

The broker is globally regulated and offers safety features like negative balance protection and personal account managers.

FAQs

What Trading Platform Does Exinity Offer?

Exinity offers industry-established MetaTrader 4 and MetaTrader 5 trading terminals. These boast advanced trading features, including technical indicators, customizable interfaces, and sophisticated graphs and charts.

Is Exinity Regulated?

Yes, Exinity Limited is regulated by several established financial bodies. This includes the Financial Services Regulatory Authority (FSRA) in the UAE, the Financial Conduct Authority (FCA) in the UK, Financial Services Commission (FSC) in Mauritius, and Capital Market Authority (CMA).

Can I Trade With Leverage With Exinity?

Exinity offers flexible leverage that can be selected at account opening. This can go as high as 1:500 for major forex pairs, though other assets have lower rates.

Does Exinity Group Have Global Presence?

Yes, the Exinity Group has a global presence, offering financial services to investors across the world. The broker’s network of offices includes Hong Kong, Yerevan in Armenia, and Abuja, Nigeria.

What Customer Service Options Does Exinity Offer?

Exinity offers several customer support options available 24/7, Monday to Friday. This includes email, telephone, and live chat via the website.

Accepted Countries

The Exinity brand does not provide services to residents of the USA, Japan, New Zealand, Canada, Mauritius, Haiti, Hong Kong, Suriname, the Democratic Republic of Korea, Puerto Rico, or the Occupied Area of Cyprus.

Alternatives to Exinity

If you are looking for alternatives to Exinity we have compiled a list of the top 5 brokers that are similar to Exinity below. This list of brokers like Exinity is in order of similarity and only includes companies that accept traders from your location.

  1. Vantage Markets – Vantage Markets is a competitive Australian forex and CFD broker with a wide range of instruments, features, and tools provided at low-cost
  2. Grand Capital – Grand Capital is an online forex broker that also offers CFD and cryptocurrency trading. The Grand Capital Group comprises two companies, both named Grand Capital Ltd, based in St Vincent and the Grenadines and Seychelles.
  3. Pepperstone – It is a multi-asset broker offering trading via the MT4 and MT5 platforms.
  4. XTrade – XTrade is a competitive global forex and CFD broker with ECN and STP accounts, both offering MT4 access and a wide range of assets.
  5. OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
  6. Forex4you – Forex4you is an established forex broker offering the MT4 platform, as well as additional tools including copy-trading signals, an economic calendar, and market news. 
Exinity LogoExinity provides flexible low-cost trading in FX, commodities, indices, and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
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