In the world of trading, it has become a keen interest for many traders to approach a reliable Forex company. But, this includes many questions and queries that a trader get bewildered and is daunted to choose one such broker company because one is unable to delineate the scattered information over the internet about multiple brokers and hence the viewer is left confused! Or he might end up making a wrong decision which can cost a lot!
For getting the right information, one is supposed to keep their eye on some authentic and informative articles, the review one preferably, as they will hold the maximum required information and have the collective data gathered in one single platform. This is why I am here to put some efforts in writing a review on Exness Broker, so that you might get some idea on what’s the right choice you should make.
Before we begin, I should brief you about the Exness Broker – A Forex broker company, with its offices situated in Seychelles, is a firm that allows clients from across the globe to enjoy investment solutions and financial services. The further information will be caught once we gather Exness information that will enable you to have a comparative analysis of the mentioned features with other brokers for making a potential decision for yourself.
Table of Contents
How do they Compare?
Undoubtedly, every online system of trading possesses some advantages and disadvantages, but we compare in order to pick the one with minimum risks associated. So, there should be a balanced approach to compare the systems. Comparative analysis includes features of different Brokers so that one can see the differences and become ready to go by. Let’s have a look upon features of Exness Broker in this review.
1. What’s the minimum amount required to deposit in Exness?
One such feature is to notice the minimum amount to deposit. The minimum deposit refers to the least amount required while opening an account in Exness. Many traders can enjoy the trading with a minimum deposit of $1 only, in Exness. Which is simply incredible! Whereas, other brokers are seen to have the minimum amount from $7 to $15, and some are also seen to have the minimum deposit of even $50! This is why a giant number of traders have been actively using Exness – with about 20,000 traders within the span of 5 years!
2. How do they facilitate traders?
Exness facilitates its traders by providing them two platforms of the MetaTrader; MT4 and MT5, and there is plenty of information available on the internet where you can read the comparison between them and choose what you think is suitable for you.
Moreover, Exness offices are present worldwide, so that traders don’t feel any language barrier. The vast range of languages that Exness uses include: English, Chinese, Russian, Malay, Arabic, Urdu, Hindi, Farsi, Bengali, Tamil, Thai, Korean, Vietnamese, and Spanish.
3. How many account types do they offer?
The account type depends on the minimum deposit. You’ll get the options while you are opening an account. The properties of these accounts are as:
a. Standard Account
Minimum Deposit: $1
Spread from: 0.3 pips
Maximum leverage: 1:2000
Commission: Not any
b. Raw Spread
Minimum Deposit: $200
Spread from: 0.0 pips
Maximum leverage: 1:2000
Commission: on 1 lot, approximately $3.5
c. Zero Account
Minimum Deposit: $200
Spread from: 0.0 pips
Maximum leverage: 1:2000
Commission: on 1 lot, approximately $3.5
d. Pro Account
Minimum Deposit: $200
Spread from: 0.1 pips
Maximum leverage: 1:2000
Commission: Not any
4. How you should trust if Exness is real or a scammer?
It is a very important concern which if not considered can leave you in a great loss! Before heading, you should know the authenticity of the company. Although many other brokers are licensed and regulated by Finacom PLC (Hong Kong’s Financial Commission), Exness is licenced and regulated by a good number of regulatory authorities which makes it 100% safer to use.
The authorities include: Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA), UK Financial Conduct Authority (FCA), South Africa Financial Sector Conduct Authority (FSCA), Central Bank of Curacao and Sint Maarten (CBCS), and Financial Services Commission (FSC) – British Virgin Islands.
This review included the main highlights where you can get the idea on how Exness works. To explore more and get your questions answered, there is a need to survey more. Besides, to make any trades on the Exness platform, one needs to pass the compliance, which might take a few to many days.
To cut the long story short, Exness is one of the fastest-growing Forex companies with exclusively attractive features, especially the relatively low amount of fee to be paid, hence this is why the number of traders in Exness are swelling exponentially. Enjoy Trading!
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