Listed here as the regulated alternative rather than as a binary options provider — Exness does not offer them. It holds the FSCA authorisation that binary operators in South Africa do not, which is exactly why it belongs on the page.
Which entity would hold your money
This is the part that decides what happens if a withdrawal is refused, and the part most reviews skip.
| Entity | Regulator | Licence |
|---|---|---|
| Exness ZA (Pty) Ltd | FSCA (South Africa) — ODP | FSP 51024 |
| Exness (SC) Ltd | FSA Seychelles | SD025 |
| Exness B.V. | Curaçao | — |
Binary options are booked on: does not offer binary options.
How it scores
| Criterion | Weight | Score |
|---|---|---|
| Licensing and legal entity | 35% | 9/10 |
| Withdrawal record | 25% | 9/10 |
| Regulator actions | 20% | 9/10 |
| Cost and payout structure | 10% | 8/10 |
| Platform and support | 10% | 8/10 |
| Weighted total | 8.8 |
What works
- FSCA-authorised in South Africa, with the local complaints route
- Very fast withdrawal processing
- No minimum on most account types
What does not
- No binary options — CFDs and FX carry different risks
- Leverage can be extreme on offshore entities
Where it accepts clients
This is a plain link and earns us nothing. We include providers we have no commercial relationship with, because a ranking that only listed our partners would not be a ranking.
Frequently asked questions
Is Exness regulated?
Group entities hold licences, but the entity behind binary options is does not offer binary options. A licence held by one company in a group does not extend to another — check which entity appears on your client agreement.
How is the rating calculated?
Five weighted criteria, published in full at how we rate. Licensing carries 35% because on an unsupervised counterparty everything else is contingent. The score is derived from the sub-scores, not assigned.
Where does Exness accept clients?
Among the markets we cover: South Africa, United Arab Emirates, Kenya, Nigeria, Thailand, México, Perú. It does not accept clients in the EEA, the UK, the United States, Canada or Australia, where the product is prohibited for retail clients.
What should I check before depositing?
Verify the licence in the regulator’s own register rather than on the broker’s site, identify the legal entity named on the client agreement, and confirm the withdrawal method and processing time in writing.
Risk warning: binary options are high-risk speculative instruments and most retail accounts lose money. Nothing here is investment advice.