Exness Expands African Presence with Forex Educator Nathan Halaba

What happened

Exness confirmed on 23 July 2026 that Nathan Halaba, a trader and content creator with a significant following across Sub-Saharan Africa, has joined Exness Team Pro, the broker’s global network of experienced traders who share educational content and promote disciplined trading practices. Halaba operates Forex Supremes, an education platform that focuses on structured risk management, trading psychology, and avoiding the over-leverage and revenge-trading patterns common among retail traders.

Halaba stated that he tested Exness’s platform execution, spreads, and withdrawal process before agreeing to the partnership, and emphasized that the broker’s values aligned with the discipline-first philosophy he teaches through his content. Jorge Iglesias Botas, Exness’s Senior Influencer Marketing Manager, described the recruitment as part of the company’s strategy to support credible educational voices rather than profit-focused promotion.

Why it matters

The addition of a regionally prominent educator to Exness Team Pro is a continuation of the broker’s longstanding focus on emerging markets, particularly across Africa, Asia, and the Middle East, where regulatory frameworks are less restrictive and retail interest in forex continues to grow. Exness processes over four trillion dollars in monthly trading volume — a figure that places it among the highest-volume retail brokers globally — and much of that activity originates outside the EU and UK.

For European readers, the more relevant detail is what the announcement confirms by omission: Exness closed retail onboarding for EU, EEA, and UK residents in 2019, and that position has not changed. The broker holds a CySEC licence (178/12) and an FCA licence (730729), but these licences underpin the group’s regulatory credibility and institutional standing rather than active EU retail service. EU visitors to Exness’s website are directed through a signup flow that rejects them at the country-of-residence step.

The Investor Compensation Fund (up to EUR 20,000) and ESMA’s negative balance protection technically apply to the CySEC entity, but since no EU retail clients are onboarded, these protections are not practically available to European traders. Exness’s offshore entity, licensed by the FSA in Seychelles, serves the non-EU retail client base and offers higher leverage and fewer restrictions than would be permitted under ESMA.

The Team Pro expansion into Africa is therefore a direct play for markets where Exness can operate without the ESMA 30:1 leverage cap, mandatory risk warnings, and product intervention measures that apply across the European Economic Area.

What this means for you

If you are an EU, EEA, or UK resident looking for a broker with Exness’s pricing structure — the Pro account offers spreads from 0.3 pips on EUR/USD with no commission, and the Raw Spread account delivers ECN-style execution from 0.0 pips — the closest regulated alternatives available to you are:

• Pepperstone: CySEC-regulated EU entity (388/20), BaFin licence in Germany, raw spreads from 0.0 pips, $3.50 per lot per side commission, full ESMA compliance.
• IC Markets: CySEC-regulated (362/18), raw spreads from 0.0 pips, cTrader and TradingView support alongside MetaTrader.

Both brokers serve EU clients under ESMA’s leverage and protection framework, offer competitive pricing that approaches Exness’s cost structure, and provide the investor compensation and segregated fund safeguards that Exness’s offshore entity does not.

For traders outside the EU who can access Exness, the broker’s combination of tight spreads, instant withdrawals, and a $10 minimum deposit remains one of the most cost-effective propositions in retail forex. The recruitment of educators like Halaba suggests Exness is doubling down on regions where it can offer its full offshore product suite without the constraints that apply to European-licensed competitors.