Exness was founded in 2008 with developments occurring at an impressive rate since the company’s inception.
If you have been wondering how to start your forex trading journey then this is the right article for you. Forex trading has been one of the means through which most people achieve their life goals. And to begin this journey you need to choose the best broker and a great mentor. Exness gives you the opportunity to understand the forex market and trade happily with its plethora of resources. If you are already a trader then this is the time to make a move to experience top class broker service.
Exness currently maintains brokerage offices in three different locations, where the brand is represented by three different corporate entities (Cyprus (HQ), UK, Seychelles).
Exness provides traders with financial services and investment solutions that are tailored according to the needs of its clients.
Not only does Exness provide brokerage services which are both stable and reliable, but provision is also made for a comfortable trading environment.
Included in its offering, Exness provides traders with tight spreads from 0.1 pips and there are no hidden commission fees involved. With providing MT4 and MT5 as a trading platform, Exness provides traders with an array of CFDs and futures [Cryptocurrencies , Stocks, FX, Metals, Indices, Commodities and Energies] on numerous markets.
Exness has customer support that is offered in thirteen different languages and ensures that traders stay up to date by providing the latest financial news. In addition, Exness is also involved with several organizations as an honorary sponsorship partner. Proud Sponsor of Real Madrid.
Exness is regulated and authorized by two of the strictest and most demanding authorities.
Regulated By Cyprus Securities and Exchange Commission (Cyprus) & The Financial Conduct Authority (United Kingdom). Retail customers are signing up under FSA (Seychelles) a very reputable authority.
Exness holds client funds in segregated accounts and provides clients with customer protection.
Exness offers traders a choice between four accounts, namely a Standard, Raw Spread, Zero and Pro Account. Widely utilized account type is the standard account.
The Standard account is one of the most popular choices and is tailored to meet the needs of all types of traders.
With the Standard account, traders can benefit from:
- A minimum deposit of $1
- Leverage up to 1:2000
- Spreads from 0.3 pips
- No trading commission
- Minimum lot size of 0.01
The fees that Exness charges are based on the type of account pertaining to commission fees. Exness also has a rollover or overnight fee which is applicable should positions be held longer than a day. Each instrument has its own fee, which is charged for these overnight positions, this may either be charged as a fee or provided as a refund.
Although Exness does not charge any fees when deposits or withdrawals are made, traders need to verify with their chosen payment provider before transfers are done as payment providers may waive fees that the trader will be held liable for.
Exness offers a very simple and digital way to open an account which can be completed in just a few easy steps. Submit the required information and a demo account is automatically created with a virtual deposit of $10,000.
You can access your personal area on the site and in the app. When opening more accounts, the trader has the option of choosing between the accounts, followed by choosing their leverage and currency, followed by choosing a password for the specific account.
Instant Deposits and Withdrawals, Trading Research and News, clients in other parts of the world aside Europe, the maximum leverage which can be used is unlimited. Mobile Money as a payment method is possible on exness (yes, one of the main reasons you should choose EXNESS deposit and withdrawal made easy you choose to withdraw anytime you want) using your MTN MOBILE MONEY, VODAFONE CASH etc.
Exness also offers traders the option to open more than just one trading account.
DEPOSIT AND WITHDRAWAL
Exness provides the following payment methods through which deposits and withdrawals can be processed:
To verify your identity, you can use either
- Ghana Card
- Driver’s license
And for proof of residence, you’ll need a bank statement or utility bill or tax payment form.
Exness can be contacted via Live Chat , by telephone, or via email. Assistance is also provided in 14 different languages, but assistance in some languages isn’t always available immediately and the waiting periods are indicated next to the language. Exness also provides access to a Help Centre, which offers a search box where clients can type in keywords to help them find answers to topics which they are querying.
Exness provides a variety of educational tools that range from an Exness Academy to Webinars and a Glossary.
The Exness Academy provides information on topics such as:
- Essentials – caters specifically for beginners in teaching them and helping them understand the core of what trading is
- Development – which can aid traders to build on their skills by teaching them to manage risk and providing them with the opportunity to study other traders
- A final step is known as the Breakthrough, where traders can put their knowledge to the test by starting to analyse markets
The Exness glossary features terms used in the trading community from A – Z. This is not only to be used by beginner traders but also more experienced traders who need a point of reference.
In addition, Exness also provides Insights and analysis along with news from markets which can be used not only by beginners but also by more experienced traders who want to keep up to date with insights, analysis and various news topics from different markets.
Exness provides a range of research tools such as:
- Calculators with which to calculate basics of the trader’s positions including, Margin, Point Profit, Swap Long and Short, and several others
- A currency converter
- VPS Hosting
- A Market Analysis Calendar
- WebTV, and
- Statistics such as Tick History