Are you looking for a global brokerage firm that can provide reliable, personalized services? Read this Exness Review and find out if it would be the right fit for your business.
If you’re thinking about joining Exness, or are already a member, you may be wondering if it’s a scam or not. There are many Forex brokers out there, and it can be difficult to know which ones are legitimate and which ones aren’t.
In this Exness review, we’ll take a look at the company, its history, and what people are saying about it to see if it’s a scam or the real deal.
This Forex broker was founded in 2008. It’s headquartered in Cyprus and has offices in Seychelles, Curaçao, South Africa, and the UK. The company is regulated by the CySEC, FCA, and SFSA. Exness offers two different account types – Standard and ECN accounts.
The minimum fixed deposit for a Standard account is $1, while the minimum fixed deposit for an ECN account is $500. Leverage is up to 1:200 for Standard accounts and 1:500 for ECN accounts. Spreads start at 0.3 pips for both account types.
Exness has won numerous awards over the years, including “Best MT4 Broker” at the United Kingdom (UK) Forex Awards 2013 and “Most Trusted Forex Broker” at TheForexAwards 2015.
How to register & open an account with Exness
In order to open an account with Exness, you will need to complete a short registration form and submit some personal documentation. The process is straightforward and only takes a few minutes to complete.
Once you have registered and logged in, you will be able to access the full range of Exness services and start trading online.
How to deposit & withdraw funds
When it comes to online trading, one of the most important things is finding a broker that you can trust. This is why we have decided to do an Exness review. In this review, we will take a look at all the different aspects of this broker to see if it is a scam or the real deal.
One of the most important things when it comes to online trading is choosing a broker that offers a variety of deposit methods. Exness offers its clients a wide range of deposit methods, which makes it easy to find one that suits your needs. You can choose to deposit funds via bank transfer, credit/debit card, or e-wallet.
Another important thing to consider when choosing an online broker is the fees charged for depositing and withdrawing funds. Exness charges very competitive fees for both depositing and withdrawing funds. For example, there are no fees charged for bank transfers and only 0.5% for credit/debit card deposits. This makes Exness a very attractive option for those looking for a broker with low fees.
Overall, we were impressed with what we found in our Exness review. The broker has an excellent range of features on an easy-to-use platform, which makes it easy for beginners and experienced traders to get the most out of their trading experience. We especially liked the low single-digit spreads on some assets and the tools for completing basic trading options. As we’ve said above, Exness comes with a free Demo account which is linked up to the real account. You can use this feature to experiment with your strategies on historical charts and access educational material.
Benefits and disadvantages of trading on Exness
One of the main advantages of trading with Exness is that they offer very low spreads on major currency pairs. This can be as low as 0.1 pips on EUR/USD and 0.01 pips on GBP/USD. They also offer a very generous leverage of up to 1:2000, which means that you can trade with a small amount of capital and still make decent profits (or losses).
Another advantage of Exness is that they offer a wide range of deposit and withdrawal options, including bank transfer, credit/debit card, Neteller, Skrill, UnionPay, WebMoney, and more. Deposits are usually processed instantaneously, while withdrawals typically take 1-2 days to process. There are no fees for deposits or withdrawals (except for bank transfers), which means that you get to keep all the money sent by your customers or earned through your trading activities. In terms of security, Exness uses Cryptocoderz Cold Storage for customers’ funds. All data is hosted on SSAE 16 certified servers located in Canada, USA, UK and Japan. Our experience shows that the platform can be quite slow at times, particularly their MT4. However, mobile trading should work just fine even if it’s not as complete as it is on the web trader.
In conclusion, we believe that Exness is a reputable broker and is not a scam. However, we would like to see more clarity around its fee structure and some improvements in its customer support offering. Overall, we believe that Exness is a good choice for those looking for a reliable forex broker.