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Exness Review

Read our latest article to increase your trading knowledge: Exness Review   Overall, Exness can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees. Their spread is also very low with world-class education material and customer support. Exness has a trust score of 96 out of 99.   Exness currently maintains brokerage offices in Seychelles, Cyprus, United Kingdom, South Africa, Curaco and Sint Maarten, and the British Virgin Islands. Exness trades more volume than any upcoming broker*   Exness at a Glance   Broker’s NameExness Year Founded2008 HeadquartersLimassol, Cyprus Publicly TradedNo Used by260 000+ Traders Regulated ByCBCS, CySEC, FCA, FSA, FSC, FSCA Minimum Deposit$10 AwardsYes Trading Desk TypeMarket Maker, No dealing desk Accept US ClientsNo Bonus ProgramStandard +10% Welcome BonusNo Islamic AccountYes, available Account TypesStandard Cent, Standard, Pro, Raw Spread, Zero. Account Open LanguagesArabic, Bengali, Czech, Dutch, Filipino, French, German, Greek, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Vietnamese Demo Trading AccountYes Deposit with credit/debit accountYes Deposit with CryptocurrenciesYes Deposit with QIWIYes Bank Wire (Deposit/WithdrawalYes Deposit with NetellerYes Deposit with SkrillYes Trading CurrenciesYes Trading IndicesYes Yes Trading StocksYes Currency Pairs97 Major Forex PairsEUR/USD; USD/JPY; GBP/USD; USD/CHF; USD/CAD; AUD/USD; GBP/JPY NZD/USD; GBP/JPY Number of cryptos35 Minimum lot size trading volumeDepends on instrument Maximum lot sizeDepends on instrument SpreadsSpread depends on account type and instrument. Spreads are always floating. CFD FTSE Spread 1.5 pts (var) GBPUSD Spread 2.1 (var) Oil Spread 0.05 (var) Stocks Spread 0.1% Var ForexGBPUSD Spread 2.1 pips (var) EURUSD Spread 1.6 pips (var) EURGBP Spread 2 pips (var) Assets 55+ Leverage 1:2000 Forex: Spot TradingYes CFDs – Total Offered1273 Active Trader or VIP DiscountsNo Withdrawal feeYes Instant withdrawal and depositsYes. Depends on the payment system. May vary based on the payment provider’s processing Negative balance protectionYes In-house VPS hosting Yes, with $500+ deposits CFD Commission FeeDepends on account Inactivity fee chargedNo MetaTrader 4 (MT4)Available MetaTrader 4 (MT5)Available Zulu TradeAvailable MacAvailable Desktop AvailabilityYes Mobile AvailabilityYes Web AvailabilityYes AndroidYes iOSYes Customer ServiceYes, 24/5 in various languages namely English, Indonesian, Arabic, Japanese, French, Hindi, Portuguese, Russian, Spanish and Urdu. Education Exness Academy, Fundamental and Technical Analysis, Market news, webinars & Web TV Open an Account Click Here   Exness provides traders with financial services and investment solutions that are tailored according to the needs of its clients. Overall Rating 4.9/5 Rated #2 ofRecommended FX Brokers Minimum Deposit $10 Sign-up bonus No Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Trading Desk MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader) ₿ Crypto Yes Total Pairs 97 Islamic Account Yes Trading Fees Low Account Activation Time 24 Hours Visit Broker Exness Open a Trading Account Open an Affiliate Account   Exness Review – 20 Keypoint overview. Exness at a Glance Exness Review – 10 Keypoint overview. What is Exness? Safe or Scam? Pros and Cons Leverage Accounts Exness VS AvaTrade Vs FBS – Comparison Table Market Instruments Best Countries by Traders Fees Exness Customer Reviews – TrustPilot Deposit and Withdrawal Trading Platforms How to Open an Exness Account Customer Support Education Research Awards Conclusion   Exness only accepts retail traders in Nymstar Ltd (Seychelles). Exness is regulated by CBCS, CySEC, FCA, FSA, FSC, FSCA   What is Exness?   Broker Name Year Founded Registered Address Exness Minimum Deposit Maximum Leverage Regulations Exness Group2008Central Office Park Unit No.4 257 Jean Avenue, Centurion Gauteng, Johannesburg$11:2000CySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint Maarten   According to Research in South Africa, our Exness review shows that Exness was founded in 2008 with developments occurring at an impressive rate since the company’s inception.   Exness holds brokerage licenses in the United Kingdom, Cyprus, Seychelles, South Africa, BVI, Curaçao, and Sint Maarten.   Nymstar Limited, a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorized by the Financial Services Authority (FSA) with license number SD025. The registered office of Nymstar Limited is at F20, 1st floor, Eden Plaza, Eden Island, Seychelles.   Exness B.V., a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorized by the Central Bank of Curaçao and Sint Maarten (CBCS) with license number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.   Venico Capital Limited is authorized by the Financial Services Commission (FSC) in BVI with registration number 2032226 and investment business license number SIBA/L/20/1133. The registered office of Venico Capital Limited is at Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI.   Vlerizo (Pty) Ltd which is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with registration number 2020/234138/07 and FSP number 51024   Tip: Exness accepts South African traders – and is currently one of the fastest-growing ZAR Account brokers in South Africa. It also won the prestigious SA Shares award of the fastest-growing broker in Africa in 2020.   Not only does Exness provide brokerage services that 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. By providing MT4 as a trading platform, Exness provides traders with an array of CFDs and futures 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.   They also are one of the leading brokers that accept ZAR accounts deposit amounts depending on account type.   In addition, Exness is also involved with several organizations as an honorary sponsorship partner.   Overall, Exness is very competitive in terms of its trading fees and spreads. Their spread is super low compared to other FSCA-regulated brokers, there are no hidden trading fees, and commission with a Pro account is very straightforward. Their Standard and Raw Account also has super low spreads.     Safe or Scam?   Not only is Exness regulated and authorized by two of the strictest and most demanding authorities. Retail customers are signing up under CBCS, CySEC, FCA, FSA, FSC, FSCA.   Exness holds client funds in segregated accounts and provides clients with customer protection.   In addition to this is that Exness is a member of an investor compensation scheme, which pays out a certain amount to each client should the company become insolvent.   Its EEA registration along with it being regulated and authorized by CCBCS, CySEC, FCA, FSA, FSC, FSCA. This makes Exness a very reputable and reliable broker.   Overall Rating 4.9/5 Rated #2 ofRecommended FX Brokers Minimum Deposit $10 Sign-up bonus No Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Trading Desk MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader) ₿ Crypto Yes Total Pairs 97 Islamic Account Yes Trading Fees Low Account Activation Time 24 Hours Visit Broker Exness Open a Trading Account Open an Affiliate Account   Pros and Cons   ProsCons Regulated by United Kingdom, Cyprus, Seychelles, South Africa, Mauritius, BVI, and Curaçao.No multi-currency accounts available Client funds kept in segregated accountsTraining resource section only available in English Dealing-Desk Broker Tight spreads 130+ Currency Pairs with Multiple Trading Platforms   Leverage   Equity Maximum available leverage USD 0 – 9991:2000 USD 0 – 4 9991:2000 USD 5 000 – 29 9991:1000 USD 30 000 or more1:500   Exness offers maximum leverage of 1:2000 and makes provision for a calculator that works out the maximum leverage and margin requirements according to the trader’s current level of account equity. The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage. Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss. The amount of leverage is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that a trader has US Dollar 1,000 in his or her trading account and is trading ticket sizes of 500,000 USD/JPY, that leverage will equate to 500:1. However, to the global entity, Exness can provide higher leverage levels depending on the country of origin.   Accounts   Exness offers traders a choice between four accounts, namely a Standard, Raw Spread, Zero, and Pro Account.   Standard Account The Standard account is one of the most popular choices and is tailored to meet the needs of all types of traders.   Benefits of the Standard Account: Deposit amount depends on payment system Leverage 1:2000 Swap free available No trading commission Minimum lot size Depends on the instrument Maximum lot size Depends on the instrument Unlimited number of positions A hedging margin of 0% for Forex currency pairs along with metals, energies and indices and 100% for Cryptocurrencies A margin call of 60% and stop out of 0%, along with several others Instant withdrawals and deposits Negative balance protection In-house VPS hosting ($500+ deposits)   The Standard Account Offering is suitable for all traders, even those just starting out, these are feature-rich, commission-free, market execution account types with stable spreads, no requotes, and great execution.   Consult with the helpful support of Exness for up-to-date information.   A Summary Overview Standard Account offering: Standard Cent Our positioning New to trading? Try trading with cent-lots. The same as Exness Standard account, but the trading units are much smaller and great for learning with. Key Message for Users A great entry account if you want standard conditions, but prefer to trade smaller lots and want to start with a lower capital investment. Minimum deposit Depends on payment system Leverage up to 1:2000 Trading instruments Forex currency pairs, metals, cryptoсurrencies, energies, indices Trading Commission no commission Spread from 0,3 Maximum number of positions Unlimited Hedged margin 0% Margin call 60% Stop out 0% Order execution Market Swap-free Available Standard Our positioning The default choice for most traders, this account is suitable for those just starting out or those who already have some trading experience. Key Message for Users The default account – a go-to account that is the most popular account for new Exness traders. A great place to get started if you are looking for standard conditions. Minimum deposit Depends on payment system Leverage up to 1:2000 Trading instruments Forex currency pairs, metals Trading Commission no commission Spread from 0.3 points Maximum number of positions 1000 Hedged margin 0% for for forex currency pairs, metals, energies, indices 100% for cryptocurrencies Margin call 60% Stop out 0% Order execution Market Swap-free Available   Raw Spread Account   This type of account offers the lowest raw spreads with a relatively low fixed commission. In addition, it has several similar features as that of the Standard account, with notable differences such as:   A minimum deposit of $500 (7 034.70 ZAR) Commission per lot or side from $3.5 (49.25 ZAR) Spread from 0.0 pips A margin call of 60% and stop out of 0%, along with several others   Zero Account   This account allows traders to obtain 0 spreads for 95% of the trading day on a total of 30 pairs. In addition, there are similar and standard account features as with the Standard Account, but it differs in the following ways:   A minimum deposit of $500 (7 034.70 ZAR) Commission per lot or side from $0.1 (1.60 ZAR) Spread from 0.0 pips A margin call of 30%   Pro Account   The pro account is known as Exness’s instant execution account. With this account, traders have access to excellent fill with no commission charges/fees on trading.   Tailored to the specific needs of more experienced and professional traders, who demand the lowest spreads (even spread-free), instant execution, or algo-trading optimized account conditions.   All accounts are eligible for Swap-free for Muslim countries.   These accounts meet the requirements of any professional trader or trading style from scalping and day-trading to automated trading. Choose only the best for your trading style.   Consult with the helpful support of Exness for up-to-date information.   As with the Standard Account, there are a set of basic features, and the Pro Account varies in the following ways:   A minimum deposit of $500 (7 034.70 ZAR) No trading commission Spread from 0.1 pips A margin call of 30%   Overview of Exness Pro-, Raw Spread and Zero Account   PRO ACCOUNT Our positioningA commission-free, instant execution account that features low spreads and excellent fills. Ideal for those looking for an edge over market execution accounts and those who know how to get the most from instant execution. Key Message for UsersWant the flexibility to trade at a specific price, or set your tolerance level to have your order filled at market price? Then this is the commission-free, instant execution account for you Minimum deposit$500 Margin RequirementFixed margin requirement for specific instruments Leverage1:2000 Trading InstrumentsForex currency pairs, metals, cryptocurrencies, energies, indices, stocks Trading CommissionNo trading commission Spread from0.1 Hedged margin***0% Order execution (FOREXInstant execution ₿ Order execution (Cryptocurrency)Market execution Orders execution (CFD on Futures) Market execution Swap-FreeAvailable RAW SPREAD Our positioningA market execution account with the lowest raw spreads and a fixed trading commission Key Message for UsersWant the lowest raw spreads and a fixed trading commission? Try this NEW market execution account! Minimum deposit $200** Margin Requirement- Leverage1:2000 Trading InstrumentsForex currency pairs, metals, cryptocurrencies, energies, indices, stocks Trading Commissionup to $3.5 (approx 56 ZAR) Spread from0.0 Floating (low spread) Hedged margin***0% Order execution (FOREX)Market execution ₿ Order execution (Cryptocurrency)Market execution Order execution (CFD on Futures)Market execution Swap-FreeAvailable ZERO Our positioningA specialized market execution account type where spreads are 0.0 pips for almost all of the trading period*. Like the Raw Spread account, but with true spread-free, or near spread-free trading with a trading commission amount specific to the instrument, giving you even more control over your trading costs. Highly requested by algo-traders. Key Message for UsersWant stable spreads of 0.0 pips for most instruments for almost of 95% of the day? Check out this specialized commission-based account. Minimum deposit$500 Margin Requirement- Leverage1:Unlimited Trading InstrumentsForex currency pairs, metals, crypto, energies, indices Trading Commissionfrom $0.1 (approx 1.6 ZAR) Spread fromFloating (zero spread)* Hedged margin***0% Order execution (FOREXMarket execution ₿ Order execution (Cryptocurrency)Market execution Orders execution (CFD on Futures)Market execution Swap-FreeAvailable * 0.0 pips for more than 95% of the trading period for EURUSD, Gold and others. Floating spread during key periods such as news and rollovers. ***Margin for some instruments like Cryptos is charged 100% even when fully hedged.   Demo Account   Provision is also made for Demo Accounts where traders can test their trading strategies in a risk-free environment that mimics the functions of a live account and traders have access to virtual funds.   Overall Rating 4.9/5 Rated #2 ofRecommended FX Brokers Minimum Deposit $10 Sign-up bonus No Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Trading Desk MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader) ₿ Crypto Yes Total Pairs 97 Islamic Account Yes Trading Fees Low Account Activation Time 24 Hours Visit Broker Exness Open a Trading Account Open an Affiliate Account   Exness vs AvaTrade vs FBS – Comparison Table Exness AvaTrade FBS RegulatationCySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint MaartenIreland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch.IFCS Minimum Deposit$10$100$1/ ZAR R16 Welcome BonusNoOpen a trading account in 1 minute and receive up to $ 10.000 Bonus.$140 Islamic AccountYes, availableYes, availableYes Leverage1:Unlimited400:11:3000 Withdrawal feeYesZeroyes SpreadsThe minimum spread across all accounts is 0.1 pips0,9 pips3 pips Demo Trading AccountYesYesyes Account TypesStandard, Cent, Raw, Zero and Professional AccountStandard, Islamic, and demo accountCent, Micro, Standard, Zero Spread, ECN, and Crypto Account Comissions$3.5 dollars / R56 ZARNo Comissions$80 dollar / R1280 ZAR per each lot traded   You might also like: Exness vs FXTM You might also like: Exness vs IC Markets You might also like: Exness vs Pepperstone You might also like: Exness vs XM   Market Instruments   Exness offers traders the opportunity to trade in instruments like Forex currency pairs, metals, cryptoсurrencies, energies, indices, and stocks.   MajorsGBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF, Minors AUDCAD, EURCHF, AUDCHF, CHFJPY, NZDJPY, EURCAD, CADJPY, CADCHF, AUDNZD, NZDCAD, AUDGBP, USDHKD, USDCNH, SGDJPY, ZARJPY, NOKJPY, TRYJPY, HKDJPY, SEKJPY, DKKJPY, MXNJPY, USDPLN, NZDMXN, CHFSEK, NZDSEK, CADTRY, NZDSGD, TRYZAR, CHFDKK, DKKSGD, Exotics NOKDKK, SEKNOK, USDZAR, USDTRY, USDSEK, EURTRY, USDMXN, USDNOK, USDTHB, EURZAR, USDRUB, EURNOK, USDDKK, EURSEK, USDSGD, EURMXN, EURSGD, EURPLN, CHFTRY, GBPDKK, GBPSGD, GBPSEK, GBPTRY, GBPZAR, CHFSGD, AUDSGD, CHFNOK, NZDZAR, CHFZAR, AUDNOK, AUDDKK, AUDTRY, AUDSEK, AUDMXN, AUDZAR, USDZAR, USDTRY, USDSEK, USDMXN, USDNOK, USDTHB, USDRUB, USDDKK, USDSGD, USDPLN, EURTRY, EURZAR, EURNOK, EURSEK, EURMXN, EURSGD, EURPLN Exotics (USD, EUR crosses) USDZAR, USDTRY, USDSEK, USDMXN, USDNOK, USDTHB, USDRUB, USDDKK, USDSGD, USDPLN, EURTRY, EURZAR, EURNOK, EURSEK, EURMXN, EURSGD, EURPLN Exotics (not USD, EUR crosses GBPDKK, GBPSGD, GBPSEK, GBPTRY, GBPZAR, CHFSGD, AUDSGD, CHFNOK, CHFTRY, NZDZAR, CHFZAR, AUDNOK, AUDDKK, AUDTRY, AUDSEK, AUDMXN, AUDZAR, NZDMXN, CHFSEK, NZDSEK, CADTRY, NZDSGD, TRYZAR, CHFDKK, DKKSGD, NOKDKK, SEKNOK Metals XAUUSD, XAGUSD, XAUAUD, XAUGBP, XAUEUR, XAGGBP, XAGAUD, XAGEUR, XAGUSD, XAUAUD, XAUGBP, XAUEUR, XAGGBP, XAGAUD, XAGEUR ₿ Crypto BTCUSD, ETHUSD, BCHUSD, LTCUSD, ETHUSD, BCHUSD, BTCKRW, BTCJPY Indices US500, HK50, AUS200, USTEC, UK100, FR40, DE30, US30, US500, AUS200, STOXX50, FR40, HK50, USTEC, UK100, STOXX50 Energies USOIL StocksBAC, CSCO, C, KO, EBAY, XOM, JPM, MSFT, MS, ORCL, INTC, PFE, WFC, VZ, AAPL, FB, NKE, AMD, T, JNJ, PYPL, V, WMT, NVDA, MCD, BABA, NFLX, MA, AMZN, GOOGL   Best Countries by Traders   Thailand Vietnam South Africa India Saudi Arabia   Fees   The fees that Exness charges are based on the type of account pertaining to commission fees.   Where both the Standard and Pro accounts do not have commissions that are charged on trading, the Raw account has commission fees up to $3.5 (approx. 56 ZAR), Zero Account commission fees from $0.1 ( approx. 1.6 ZAR) and the Pro account has no commission fees.   With the Standard Account the minimum deposit depends on the payment system. With the Raw, Zero and Pro accounts each having a minimum deposit of $500.   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 Customer Reviews – TrustPilot   One of the best brokers I have seen. One of the best brokers I have seen, with a very low spread and no swap charges. Fast withdrawal and deposit. Best Broker. I began to use Exness the last year, before’ i came here to reed different reviews, it disappointed me lot, but i decided to try them! Its a best broker i used ever! Fast withdrew within 2 minutes only especially through Skrill! Touchable support, Tight spreed without commission and no swap but tight swaps in some pairs! Congratulation Exness! Some people here do complain on market manipulation, but what i experienced them! If you trade by following the risk management, you will not come here to ignore them! What i’m not sure to them, if the account reach to more than 200,000 USD Profit, are they ready to give out my money? Customer support is taking so much time. Customer support is taking so much time to connect.. Whenever I have problem and trying to connect with customer support, its taking more than 30 mins and it places me in the q, please upgrade ur stuff and make it instant support to the customer.   Deposit and Withdrawal Exness provides the following payment methods through which deposits and withdrawals can be processed:   Deposit & Withdrawal Methods USD or Tether ₿ Bitcoin Internet Banking Bank Card AstroPay Card Perfect Money Neteller Web Money Skrill Internal Transfer   A trader should acknowledge that there is a minimum deposit that can be made through using these payment providers with a general $1 required from USDT/Tether, Internet Banking, AstroPay Card, WebMoney, and Internal Transfer.   Traders must ensure that they confirm any other minimums that may apply by contacting Exness before they register a live trading account, subjecting them to a minimum deposit before they can start trading in live financial markets.   Although most payment providers indicate deposit speeds that are instant USDT may take up to 72 hours and Bitcoin up to 4 hours.   As with the processing speed on deposits, withdrawals may also take some time to process and for it to reflect in the trader’s account.   Instant withdrawal speedAstroPay Card, Perfect Money, Neteller, WebMoney, Skrill, and Internal Transfer Up to 4 hoursBitcoin Up to 72 hoursBoth Internet Banking as well as USDT/Tether Between 3 – 5 working daysBank Card   Exness does not permit third-party payments due to strict regulations and as a safeguard against money laundering.   Trading Platforms   Exness provides traders with a choice between MetaTrader 4, MetaTrader 5, WebTerminal as well as Exness Terminal. Exness Terminal is its own sophisticated and customized trading terminal entirely developed and maintained by Exness developers.   MetaTrader 4   This is the most popular trading platform used in the trading community for various reasons such as:   MT4 Popularity It allows for flexible trading with numerous trading strategies Provision for both instant and market execution orders Technical analysis can be performed through using a variety of tools such as 23 different analytical objects along with 30 built-in indicators Auto-trading is made possible through Expert Advisors   MetaTrader 5   Is the upgrade from MetaTrader 4 and provides traders with a variety of features in addition to what MetaTrader offers, including:   MT5 Features Meta Editor MetaQuotes Language 5 Hedging System Additional charts and timeframes Provision made for fundamental analysis 38 built-in indicators along with 22 analytical tools and 46 graphical objects   WebTerminal   WebTerminal as a trading platform provides traders with the following features:   Web Terminal Features There is no need to download or install software as it has an interface like the desktop version Speed by being a HTML5 web app and added security through the encryption of data Featuring of basic functions that traders need and use to trade effectively Trading operations of various types Quotes provided in real-time Price charts which are fully customizable Basic analytical objects   Exness Terminal   Similar to WebTerminal in that it is a web version of a trading terminal. The main advantage is that it is both a web browser and mobile browser friendly.   Exness Terminal is entirely developed by the Exness developers. This means that Exness has the ability to continuously improve it in order to give their customers a better user experience. Exness also have their own tailored made mobile apps developed by their in-house developers.   Main features include the following:   Main Features Trading portfolio and history Symbols Deposit tab for real and demo account Trading Live chat support Charting tools and time frames How to Open an Exness Account   Exness offers a very simple and digital way to open an account which can be completed in just a few easy steps. Exness even provides a how-to video which can be viewed here. Exness also offers traders the option to open more than just one trading account.   The steps involved with opening an account are:   Step 1 – Open the Exness Website and click on the “Open Account” tab. Navigate to the official Exness website and at the top right of the screen click on the “open an account” tab.   Step 2 – Fill in your personal details. On the online application form, the applicant enters their country of residence, email, and a password that they will use to log in on the website and the Exness Trader app.   Step 3 – Choose your account type. After this information has been submitted, the applicant is taken to a screen where the applicant can choose between a demo account which is automatically created with a virtual deposit of $10,000 (140 397.00 ZAR) or a real account.   The personal area is accessed through the menu option, in the personal area, the trader will find their live account and the option to open more accounts   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.   Step 4 – Start Trading. Finally, you can start trading.   Overall Rating 4.9/5 Rated #2 ofRecommended FX Brokers Minimum Deposit $10 Sign-up bonus No Regulators CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Trading Desk MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader) ₿ Crypto Yes Total Pairs 97 Islamic Account Yes Trading Fees Low Account Activation Time 24 Hours Visit Broker Exness Open a Trading Account Open an Affiliate Account   Customer Support   Exness can be contacted either by telephone or via email. Clients also have the option to start Live Chat on any of the pages on the website.   Assistance is also provided in various languages, including English Indonesian, Arabic, Japanese, French, Hindi, Portuguese, Russian, Spanish and Urdu. 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.   Education   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 to 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 analyze markets   Exness provides webinars that are normally scheduled ahead of time. There are currently no events that are planned   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.   var url = “https://tracking.avapartner.com/impression/?affid=113841&bannerid=29678&adTheme=603&campaign=151253&campaignName=Google%20Ads&tag=113841&affclickid=Landingpage&source=SA Shares”; if (typeof window.aSC == “undefined”) window.aSC = 0; window.aSC += 1; var cIX = window.aSC – 1; var ifr = document.createElement(“iframe”); ifr.setAttribute(“src”, url + “&sid=” + Math.random()); ifr.setAttribute(“frameborder”, “0”); ifr.setAttribute(“scrolling”,”no”); ifr.setAttribute(“style”, “width:970px;height:90px;”); var cP = document.getElementsByClassName(“avaJavaCode”)[cIX]; cP.parentNode.insertBefore(ifr, cP); var url = “https://tracking.avapartner.com/impression/?affid=113841&bannerid=32232&adTheme=638&campaign=113675&campaignName=Default%20Campaign&tag=113841&affclickid=Landingpage&source=SA Shares”; if (typeof window.aSC == “undefined”) window.aSC = 0; window.aSC += 1; var cIX = window.aSC – 1; var ifr = document.createElement(“iframe”); ifr.setAttribute(“src”, url + “&sid=” + Math.random()); ifr.setAttribute(“frameborder”, “0”); ifr.setAttribute(“scrolling”,”no”); ifr.setAttribute(“style”, “width:320px;height:50px;”); var cP = document.getElementsByClassName(“avaJavaCode”)[cIX]; cP.parentNode.insertBefore(ifr, cP); 10 Best Forex Brokers in South Africa for 2023 Rank Broker Review Regulators Min Deposit Official Site #1 Read Review $100 Visit Broker #2 Read Review $5 Visit Broker #3 Read Review $1 Visit Broker #4 Read Review $100 Visit Broker #5 Read Review $10 Visit Broker #6 Read Review $100 Visit Broker #7 Read Review $200 Visit Broker #8 Read Review $100 Visit Broker #9 Read Review $0 Visit Broker #10 Read Review $10 Visit Broker #1 4.8/5 User Score #2 4.7/5 User Score #3 4.5/5 User Score #4 4.4/5 User Score #5 4.7/5 User Score #6 4.6/5 User Score #7 4.7/5 User Score #8 4.8/5 User Score #9 4.7/5 User Score #10 4.7/5 User Score   Research 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   Awards and achievements   Awards   Most Transparent FX Broker 2019 (World Finance) and Global FX Broker of the Year 2019(The European). Best Customer Support Award at Financial Markets Expo Cairo 2021 Premium Loyalty Program Award at Financial Markets Expo Cairo 2021 Most Innovative Broker at Dubai Expo 2021 Most People-Centric Broker at Traders Summit 2023 Global Broker of the Year at Traders Summit 2023   Achievements   First broker to exceed the $1 trillion and $2 trillion marks in monthly trading volume   Conclusion   Exness is a fully regulated and transparent broker with not only high operational standards but superior service delivery in that it caters to all types of traders with different levels of experience.   The type of accounts provided are tailored for different traders and commission costs on trades along with other pricing is relatively low when compared with other brokers. Exness offers competitive spreads, prices, and trading conditions.   Traders can experience a safe trading environment with the provision of an array of financial instruments and top-notch trading platforms that further cater to their every need.   Disclaimer   The trading of financial instruments involves a high level of risk which may not be suitable for all traders. Traders need to evaluate their objectives along with their level of experience before making decisions regarding the trading of financial instruments.   Traders face the risk of great losses that may exceed their initial deposit. Exness does not accept liability for any losses or damage and by using the information and/or tools and products provided on the website, traders acknowledge the risks involved.   None of the products or information provided on the Exness website is intended to be used as recommendations or encouragement to be used to trade financial instruments.   Traders may seek independent and professional advice should they deem it necessary.   You might also like: Exness Account Types Overview You might also like: Exness Demo Account – Step by Step You might also like: Exness Fees and Spreads You might also like: Exness Islamic Account Overview You might also like: Exness Minimum Deposit You might also like: Exness Sign up Bonus You might also like: Exness VPS review   Frequently Asked Questions     Is Exness Regulated in South Africa?   Yes, Exness is regulated with the FSCA in South Africa with registration number 2020/234138/07 and FSP number 51024.   What is Exness withdrawal time in South Africa?   Exness withdrawal time is under 24 hours during weekdays.   What account types are offered by Exness?   Exness offers the Standard and Standard Cent account and the Pro, Zero and Raw spread accounts for more experienced, professional traders.   What are the deposit methods available for Exness?   To deposit funds, traders can choose between Bitcoin, Bank card, Internet banking, Skrill, Neteller, Perfect money, Tether (USDT OMNI), Webmoney, Mybux and Ozow.   Does Exness offer a demo account?   A demo account is offered by this broker. The demo account does not expire, but will be deleted after a period of 21 days of inactivity.   What is the minimum deposit for an Exness account?   You can start trading with Exness for a minimum deposit of $10 / ZAR 160 for South African traders.   Does Exness have Volatility 75?   No, unfortunately not – Exness does not offer Vol 75 Index trading.   4.7/5 – (44 votes)

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Creator :Louis Schoeman

Published on : 2023-01-03 06:00:22

Source :thenewage

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