The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. They are also known as retail forex brokers or currency trading brokers. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes.
Creating a personal area on the website of Exness brokerage company will open access to unique trading instruments and international financial markets. Clients Exness will be able to trade and make money right now. An important trait of Exness forex broker is the provision of an effective information and problem resolution platform. A 24/7 client support is provided through emails, phones, messages and live charts.
Above we mentioned some of the basic information we get from Exness website. In this part of the review, we will see some commission levels found at Exness. In that case, if there are some issues, the company offers us a help center and Post-Chat. What’s more the company gives us their mail for further questions. Information about the company in the field of about, which gives us information about its history and processes which are taking place in the company.
You can even use scalping due to a new feature for hedging available on this platform. Promotions depend on the regulation of the entity a client is contracting with. Exness offers a number of products including FX, Metals, Indices, Cryptocurrencies, Commodities, Stocks, and Energies. When it comes to currency pairs and stocks, they currently have 107 currency pairs, 40 stocks and indices, 7 cryptocurrencies, as well we 12 metals and energies. I still remember the day that I join instaforex when have been scam by previous broker due to frequent slippage on chart make me loss 2000 USD in a month. Non-availability of bonus and discounts for both new clients and existing clients.
The only drawback is that the support operates 24/7 only in English, Chinese and Thai. The first option, Exness Express, is a straightforward interface compared to the other two and may not be sufficient for advanced traders. MetaTrader5 and the MetaTrader5 app provide a trading experience similar to what traders will find on their desktop version. One of the great features of the MT platforms offered by Exness is the ability to set up the platform for automated trading. The EXNESS group is a global broker, consisting of companies regulated by CySEC and the Belize IFSC. It offers trading in more than 120 forex currency pairs and various CFDs.
So, you can obviously fathom why the broker’s popularity increases exponentially every year. With Exness, you will also be able to store your capital in terms of 80 different fiat currencies. In these metal currency accounts, fiat currencies are paired with valuable metals like gold, silver, palladium and exness singapore platinum. Lastly, cryptocurrencies like tether and Bitcoin can also be used to transact money from your account. Firstly, you will be able to use debit or credit cards that have been issued by Visa or MasterCard to transact money in this platform.
Professionals, who perform many trades, can forecast their trading expenses using professional accounts with near-zero spread and predictable trading fees. EU citizens can use the services of the broker by using exness.eu. For the citizens of the UK, the access to the services is possible through exness.uk platform. However, the conditions of those platforms differ from the ones on exness.com platform, which is the subject of our review. I’ve chosen Exness broker because i got used to make business only with strong and serious partners without cheating and tricks.
Please note that the spread I mentioned above is only a general comparison. This pairs is low spread but others may has higher spread. For 6 most popular currency pairs, the spreads of Exness are lowest. Depending on your trading strategy, you can choose the suitable accounts. There are 2 accounts that do not require minimum deposit, which are Mini and Cent.
As the Kenya’s forex trading is getting popular so are the challenges – like security of the traders, oversight on trading conditions is becoming a concern. By December 2020, clients’ monthly trading volume reached 673.6 billion USD and active traders around the world surpassed 145,400. Exness is regulated and licensed by CySEC and FCA of the UK. Exness has recently claimed that they have more than 80,000 active traders on the website. A licensed trading company must comply with regulatory requirements. Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades.
They are regulated by a list of financial authorities, including the UK Financial Conduct Authority and the Cyprus Securities and Exchange Commission . XM.com does not have their own trading platform; instead, they use Meta-Trader. On the one hand, MT4 and MT5 are the most popular platforms in the world, on the other – an outdated design and the absence of price warnings.
Please note that trading, especially margin trading contains high risks of losing a deposit. These products may not be suitable for everyone and you should ensure that you understand the risks involved. To contact the author please use the email address below. I have been working with them for a long time and do not complain. Trading conditions are excellent, spread, I / O, terminal – super. I’m happy, and most importantly that when trading with them I do not have a feeling that I’m stuck in the wheels or bluntly led to the sink.