Forex Broker Exness – Exness forex broker has been operating since 2008 and offers a full range of investment instruments. The site is very convenient for Russian citizens. This company is regulated by authorities such as the FCA, CySCE, IFSC and BaFin, so member privacy is paramount and non-negotiable.
Exness has no rules to make things difficult for customers and traders. This company also chooses not to operate in certain countries solely to ensure safety and to comply with applicable regulations in that country. Some information is only available in English, as it is not easy to switch to another language unless you have the correct knowledge or equivalent.
Forex Broker Exness
This is because if a problem occurs, the process of solving it will be very difficult, not only according to the laws in force in this country, but also from the customer’s side. If necessary, you can contact the company online or use your lawyer.
How To Register And Open An Mt4/mt5 Account On Exness
On the official site, you can register by entering the name of your country of origin and your email address. You must confirm by email from the link provided.
The company will contact you once the verification is complete, so be prepared. It is also possible to register through your social media account, but the verification process still needs to be completed.
The number of demos that can be created and the validity period are not limited. Traders are also deprived of the opportunity to choose different types of trading accounts that suit each trader’s skills and capital. Cent account deposits are only $1 and are suitable for beginners. And with a deposit of 200 USD, you get an ECN account with an adjustable spread. You download price action history from this site for both external and internal purposes to use for direct trading.
The company also ensures that the profits earned by the customers are paid by the respective markets. All operations on ECN accounts are transferred to interbank accounts in accordance with procedures. Therefore, the possibility of trade problems can be reduced.
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Exness also provides mobile versions for iOS and Android. All features from asset listings, trade types, technical analysis, news, free VPS hosting, deposits and withdrawals, even strategy tests can be done in this app.
Exness supports investments in various currencies, including the Russian ruble. There are also more than 30 instant deposit and withdrawal methods. Bank transfers and commission payments are governed by banking regulations and brokers are not involved in any way.
Exness is a member of FATF’s International Anti-Money Laundering Program, so the security of funds is strictly regulated – please read the agreement carefully. It is not allowed to transfer money to third parties. Withdrawal of funds can be made only to the owner’s personal account, the details of which were provided during registration, and can be withdrawn in the same way only during depositing.
Overall, the procedure for creating an account at Exness is very clear, easy and reliable. The created rules are aimed at facilitating cooperation. In addition, the company guarantees the transparency of prices and the professionalism of its employees. The security applied may seem excessive for small customers, but believe me, it is only designed to build trust between the company and the customer. Forex broker aims to be a leading company in the market, offering services to people with different backgrounds. Generally, a Forex broker is authorized by three regulatory bodies.
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Our review of Exness shows that the Forex broker is regulated by CySEC, the regulatory body of Cyprus, to operate in the EU. For its international services, Exness complies with the Seychelles regulatory framework. It also offers services to UK citizens with the necessary licence.
It has received and won several awards over the past few years for its services to retailers. Trading services are provided by the popular MetaTrader 4 and it provides access to various trading assets.
As we mentioned above, due to the international presence of the Forex broker, it follows the regulatory frameworks of different jurisdictions. A Forex broker is authorized under the Financial Conduct Authority, a top regulatory body, to offer its services in the UK. It is also licensed by CySEC, the main regulatory body of Cyprus and one of the most prominent organizations in Europe. Thanks to the CySEC license, the broker is allowed to offer services throughout the region.
Before you can start trading on Exness, you need to create a trading account. There are several types of accounts offered by the broker, ensuring that everyone can find something they like. With Exnes you can open the following accounts:
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A demo account is a great way to start trading in the market. Although it cannot be used for profit, it can be of great help if you want to learn more about the market and grow as a trader.
The standard trading account on Exness is the feature-rich account and is the most popular. This account is a good choice for all types of traders. The minimum investment for creation is $10 and the leverage can be up to 1:2000. The minimum investment for traders in Vietnam is $15.
There are three different types of professional accounts, one is Raw Spread, the second is Zero, and the third is Pro. When using a raw spread account, you have to pay spreads from 0 pips, and the commission per lot is up to 3.5 USD. There are no spreads for about 95% of the trading day on 30 pairs for a zero account.
After reviewing Exness, we can say that it is a legitimate Forex broker. The company has grown a lot over the years. Every day thousands of people use the services of a Forex broker.
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Due to the strict regulatory framework that the broker must adhere to, trading with this company is very safe and secure for retail traders. That’s why we recommend Exness to our readers to accept Indonesian customers. The average EUR/USD spread on trading accounts with the lowest minimum deposit is 0.70 pips. Maximum leverage up to 2000: 1. Islamic accounts available. MT4 and MT5 platforms are supported. Exness is regulated by the FSCA, FSA and FSC.
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Exness is a popular global broker with nine different trading accounts and one of the cheapest Cent accounts in the industry. Exness also offers over 100 Forex pairs to trade, more than any other broker. This broker also has several trading platforms and tools.
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Exness supports MT4, MT5 and their easy-to-use proprietary platform Exness Terminal, available as a desktop and mobile app. In addition to fundamental and technical market research tools such as FXStreet News and Trading Central, Exness also hosts educational seminars and live webinars led by experts in various fields.
Exness will be a tough choice for some traders. Although this broker has low trading fees and minimum deposits in various trading accounts, excellent trading tools and multiple trading platforms, its education and market analysis department is poor compared to other leading brokers . Indonesian clients may also be concerned that they will be joining through an entity regulated by the FSA, which has a very weak regulatory framework.
In 2018, Exness closed its retail business in the EU and the UK in response to tighter restrictions on retail CFD brokers – but it maintained business-to-business (B2B) services in each region. However, Exness is regulated by a number of secondary authorities, including the Seychelles FSA and the South African FSCA.
Security Features: Although traders join through the Seychelles FSA, we believe Exness is a safe broker to trade with. First, this broker has licenses from several regulators around the world. Secondly, this broker provides all clients with protection against negative balance, which means that traders cannot lose more than their initial investment. Finally, this broker is regularly audited by Deloitte, one of the most prestigious auditing firms in the world.
Exness Is A Multi Asset Broker
We check all licenses and regulations on the regulator’s online list. See below for details of organizations regulated by the Exness FSA:
We were very impressed with the large number of Forex pair options available at Exness. This broker also offers a good range of cryptocurrencies. The disadvantage is the small number of stock CFDs available for trading, limited to only 70 instruments.
Large Number of Forex Pairs: With over 100 Forex pairs on the books, Exness offers one of the largest collections in the industry.
High Leverage: Exness has 34 digital currencies to trade with a leverage of 400: 1. It is not the biggest selection in the world, but it is a high leverage for crypto trading compared to other brokers. Given the volatility of these assets, high leverage in crypto CFDs is highly unusual and traders are advised to use rates lower than the maximum rates offered.
Exness Trading Broker Review
Leverage in Forex pairs is unlimited. This is also very unusual for the industry and there are some caveats. For example:
Forex Pairs: Exness offers a wider range of Forex pairs than other brokers. This broker offers unlimited leverage if certain conditions are met.
Cryptocurrencies: Exness offers a variety of cryptocurrencies
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