Exness has long been a prominent name in the world of forex and online trading, but many traders and investors still ask: who owns Exness? We will explore the ownership structure, the history of the company’s founders, and the strategic decisions that have contributed to Exness’s rapid growth and success. By examining Exness’s legal structure, leadership, and financial backing, we can better understand the forces that drive this industry leader.

The Founders Behind Exness

Exness was founded in 2008 by two Russian entrepreneurs, Petr Valov and Igor Lychagov. Both men had extensive experience in the online trading and technology sectors, which led them to the creation of Exness. Their shared vision was to offer a trustworthy, transparent platform for traders worldwide, one that would provide superior execution and service.

  • Petr Valov: With a strong background in IT and web development, Petr was responsible for Exness’s digital infrastructure. His focus on developing cutting-edge technology has helped Exness maintain an edge in the competitive world of online trading platforms.
  • Igor Lychagov: A financial expert and MBA holder, Igor contributed his knowledge of financial management to ensure Exness was built with both technological prowess and a sound business model. His vision for client satisfaction and market accessibility shaped Exness into a company focused on delivering results.
The Founders Behind Exness

Together, Valov and Lychagov set out to build a broker that would provide fast order execution, competitive spreads, and a platform that would cater to both novice and professional traders. Over time, Exness grew from a small startup to one of the top brokers in the online trading industry.

The Exness Group: A Global Network of Subsidiaries

Exness operates through a network of companies spread across the globe. This structure enables Exness to offer services in multiple regions while complying with local regulations. Below is a breakdown of some of the most prominent subsidiaries that make up the Exness Group:

Exness EntityJurisdictionRegulatory BodyLicense Number
Exness (SC) LtdSeychellesFinancial Services Authority (FSA)SD025
Exness B.V.CuraçaoCentral Bank of Curaçao & Sint Maarten0003LSI
Exness (VG) LtdBritish Virgin IslandsFinancial Services Commission (FSC)SIBA/L/20/1133
Exness (CY) LtdCyprusCyprus Securities and Exchange Commission (CySEC)178/12

Each subsidiary is registered and regulated in its respective jurisdiction, enabling Exness to operate in various regions with legal compliance. This decentralized structure not only supports Exness’s international reach but also ensures that the company can offer localized services while adhering to local laws and regulations.

Exness’s Ownership: Insights into Private Ownership

Exness's Ownership: Insights into Private Ownership

Unlike publicly traded companies, Exness remains privately owned, with most of its shares controlled by the co-founders, Petr Valov and Igor Lychagov. The exact ownership stakes are not disclosed, but it is clear that the two founders have maintained significant control over the company’s operations and direction.

Key facts: 

  • Private Ownership: Exness does not have publicly listed shares, so it is not required to disclose ownership details in the same way as public companies.
  • Co-Founders in Charge: Both Petr Valov and Igor Lychagov play active roles in managing Exness, ensuring that the company’s original values of transparency, trust, and customer focus remain at the core of the business.

The decision to keep the company private has allowed Exness to maintain flexibility and make decisions that are in the best interest of its clients without external shareholder pressure. However, Exness does have a number of investors and stakeholders who have contributed to the company’s growth.

The Role of Investors and Strategic Partnerships

Exness has attracted investment over the years, helping it expand its operations and enhance its technological offerings. While the full list of investors and shareholders is not publicly available, the company’s strategic growth has been supported by various funding sources, including venture capital and institutional investors.

In addition to investments, Exness has also formed key partnerships with industry leaders to strengthen its brand and operations. A notable example is its partnership with Deloitte, which has provided auditing and financial transparency services, ensuring that Exness meets high standards of governance and accountability.

Notable partnerships and investments: 

  • Deloitte: Provides audit services to ensure transparency and financial integrity.
  • Liquidity Providers: Exness works with leading banks and liquidity providers, ensuring that it can offer competitive pricing and fast trade execution.
  • Financial Technology Experts: Exness collaborates with leading technology providers to enhance its platforms and ensure it remains ahead of the competition.

Regulatory Compliance: Ensuring Trust and Stability

Exness operates in compliance with several top-tier financial regulators globally. This multi-jurisdictional regulatory presence not only demonstrates Exness’s commitment to transparency but also builds trust with clients. Some of the key regulatory bodies overseeing Exness’s operations include:

  • Cyprus Securities and Exchange Commission (CySEC): Ensures Exness’s compliance with European Union regulations, providing clients with protections under EU law.
  • Financial Services Authority (FSA) in Seychelles: Grants Exness the ability to offer trading services to clients globally.
  • Financial Conduct Authority (FCA) in the UK: Regulates Exness’s operations within the United Kingdom, adding an additional layer of trust for UK-based clients.

By maintaining regulatory compliance in multiple jurisdictions, Exness ensures that it adheres to international standards of trading and client protection, which enhances its credibility as a trustworthy broker.

Regulatory Compliance: Ensuring Trust and Stability

Exness’s Growth Strategy: Building for the Future

Exness’s strategy has been centered around technological innovation and global expansion. The company has focused on creating platforms that are easy to use, scalable, and capable of supporting millions of traders worldwide. Key components of Exness’s growth strategy include:

  • Innovation in Trading Platforms: Exness continually updates its trading platforms, including MetaTrader 4 (MT4) and Exness Trader, to offer a seamless and efficient trading experience.
  • Client-Centric Approach: By prioritizing customer service and fast withdrawals, Exness aims to differentiate itself from competitors and maintain a high level of client satisfaction.
  • Global Reach: Exness is committed to expanding into new markets, particularly in Asia, Europe, and the Middle East, where the demand for online trading continues to grow.

Exness’s Future Outlook

Exness’s Future Outlook

Exness’s leadership continues to evolve, with both co-founders staying active in the business. The company is well-positioned to continue its leadership in the forex and CFD trading space, driven by its strong technological foundation, transparent operations, and commitment to customer satisfaction.

Looking ahead, Exness will likely continue to focus on:

  • Expanding its global footprint: Targeting emerging markets and increasing its client base.
  • Investing in advanced technology: Enhancing algorithmic trading capabilities and artificial intelligence to further streamline trading operations.
  • Offering more diverse financial products: Increasing its range of CFDs and expanding into new asset classes.

Conclusion

Exness’s ownership, while largely controlled by its founders, has allowed the company to remain nimble and responsive to the needs of its clients. Through a combination of private ownership, strategic partnerships, and robust regulatory compliance, Exness has established itself as a leading global broker. The continued leadership of Petr Valov and Igor Lychagov ensures that Exness remains focused on its core mission: providing transparent, accessible, and innovative trading solutions to clients around the world.

Exness Broker

FAQs

Who founded Exness?

Exness was founded in 2008 by two Russian entrepreneurs, Petr Valov and Igor Lychagov. They combined their expertise in technology and financial management to create a transparent and efficient trading platform.

Who owns Exness today?

Is Exness a publicly traded company?

Does Exness have investors?

Is Exness regulated?