Exness is an online trading platform or rather a broker that has been active since the year 2008. They provide brokerage for Forex and CFD. The country where it originated is Cyprus and has the Regulations of CySEC, FSA, FSCA and FCA. The major languages of operation are English, Chinese, Thai and 9 more. They are available 24 X 7. They have both mobile applications and web-based platforms for trading. The minimum deposit required to start the account is 1 dollar. The maximum leverage is unlimited. Scalping is also allowed on this platform. With this brief introduction, let us move forward to get more details about Exness.
Exness has a hold in the market at impressive rates, and after almost 12 years of operation, it has risen to be recognised as the industry leader. In 2020, the client’s monthly trading volume reached 673.6 billion USD. The number of active users of their brokerage globally reached a benchmark of 145,400. Exness has been overwhelmingly improving, and they offer a wide range of financial instruments like currency pairs, crypto, indices, stocks, metal and energies. Basically, as a newbie, you can be confused by the website and would not look appealing and easy to understand. But the layout is meant to offer you the best efficiency possible. The landing page comes with the option to register, and you can easily sign up. The site is very fast and seamlessly operates.
The visuals and the aesthetics of the page are very appealing and vibrant. It is organised, and once you start using it, it will become a piece of cake for you to use it. They have certain features which would grab the interest of the people in the first place. The corresponding features are:
- It is a multi regulated brokerage that will help you enhance security and make you protected against any frauds. Hence, trusting the broker is easier. Exness follows multiple regulations to keep security at the top priority.
- They provide 24 X 7 support, and that is very important. You are likely to face problems at any hour of the day, and you can reach them at any point. There is very minimal trading downtime, and they work rigorously to provide excellent customer services
- Few of the astounding features like unlimited leverage and 0.0 pip spreads make them stand out in the industry. The account does not have the regular tier-based structure. The initial cost to start trading is minimal.
Trading Acounts Available:
There are different modes of account set up in Exness. They have a specialised approach instead of a tiered approach. Customers can actually customise their needs and necessities. Being a trader, you have specific choices and needs. Exness has been the pioneer to satisfy all your needs with great precision. New traders who are not at all aware of the needs of trading are also offered all-rounder accounts designed by them. There are standard accounts and professional accounts. Under professional accounts, there are Raw Speed, Zero and Pro. Let us see the feature of each account in details:
Standard
Deposit (minimum) actually depends on the payment system. There are leverages up to 1:unlimited (MT4) and 1:2000 (MT5). There are Forex currency pairs, cryptocurrencies, indices, stocks, metals and energies available as trading instruments. There is no trading commission involved. The Spread starts from 0.3 and has 0% hedged margin. The margin call is 60 percent.
Raw Speed and Zero
The minimum deposit is around 200 dollars with the same leverage as a standard pack. Similar trading instruments as the standard pack are available. There is a 3.5 dollar commission. Spread is 0.0, and hedged margin is 0% with a 30% margin call. The stop out percentage is 0. The order execution is market.
Pro
The minimum deposit is around 200 dollars with the same leverage as a standard pack. Similar trading instruments as the standard pack are available. There is no commission for trading. Spread is 0.1, and hedged margin is 0% with a 30% margin call. The stop out percentage is 0. The order execution is instant and market.
Exness has been one of the leading Forex brokerages with excellent customer services and extensive trading products globally. They have been extremely focused on following regulations for utmost security. People would love to use and rely on Exness Brokerage.
