If to choose a “national” forex exchange, Exness will definitely be the first name mentioned. Although overall, compared to many other forex brokers, Exness has almost no outstanding points. Everything is just enough, from products to trading software provided by Exness, or some specialized products such as stocks or ETFs are just popular codes, not “extensive” rich. bowl” like other floors. However, Exness has a very specific way of developing a strategy that is very suitable for the “style” of Asians. To be precise, Exness really understands the psychology of traders, so it gives them exactly what they want and need. So what does Exness have? Is Exness really worth your trading? Let’s detailed evaluation of Exness floor
One of the points that ensures the credibility and safety of a forex broker is the licensing and regulatory agency.
This is something we pay close attention to to new traders. Please find a licensed broker to trade, in order to avoid maximum risk for your account. The reason for saying that is because when you deposit money into your account, it means that the floor will be the place to pay for all trading orders as well as the “key box” to keep your money. Therefore, with a reputable trading floor, they will make it difficult for you to withdraw money or lack liquidity, so the withdrawal time usually lasts a long time.
Therefore, to ensure credibility, Exness is no exception when it receives licenses from two leading financial regulators such as FCA and CySec. In addition, Exness is also licensed by regulatory authorities from Spain, Italy, Sweden, the Netherlands and Germany to be able to operate in these markets.
Review Exness
Not stopping there, Exness is also a member of the Investor Compensation Fund (ICF). This means that traders will receive a maximum compensation of “up to 20,000 EUR, or a claim of up to 90% for investors” should Exness encounter any problems.
In addition to the above points, Exness is also a broker with a separate account mechanism, due to the influence of the FCA license. Therefore, customer deposits are stored by Exness at one of the leading banks such as: Barclays bank, Baltikums bank and OCBC bank.
What types of trading accounts does Exness offer?
Previously, Exness only provided 4 main account types: Cent account, Mini account, Classic account and ECN account.
However, true to the criterion that the forex broker understands trader psychology and also competes with other exchanges such as ICMarkets, FBS or XM, Exness has made significant improvements to suit the needs of traders. than. In which, trading accounts on 2 software are MT4 and MT5 with 2 main types: standard account and professional account.
With MT4 software, there will be 2 standard accounts: Standard and Standard Cent and 3 professional accounts: Raw Spread, Pro and Zero.
In contrast, MT5 software, Exness only offers 1 standard account and 3 professional accounts including: Raw Spread, Pro and Zero.
If you are a newbie, we recommend using MT4 when trading at Exness. However, if you want to play stocks, you must open an account at MT5. Therefore, you need to base on your own trading needs to consider which account to open.
Products traded at Exness
Exness offers a full range of trading products for you to choose from, including:
Products traded at Exness
Currencies: 107 pairs of which Exness offers 7 major currency pairs; 25 minor currency pairs and 75 rare currency pairs.
Stats: 10 stats
Stocks: 30 codes, including the most popular stocks provided by Exness such as Amazon, Alibaba Group, Apple, eBay, Facebook, Alphabet or Google…
Energy: oil (2 codes)
Cryptocurrencies: 7 pairs which offer 4 main cryptocurrencies: BTC, ETH, LTC and XRP
Coins: 10 codes which provide 4 main metals: gold, silver, platinum and palladium.
Methods of depositing and withdrawing on Exness
Exness floor allows deposit and withdrawal 24/7 including Saturday and Sunday, super fast only 3-5 minutes.
This is the biggest advantage of Exness that so far no forex broker can match. The reason for that is because Exness implements an automatic withdrawal review mode, not manual approval like many other exchanges, so the speed is not only fast, but you can withdraw whenever you want, even in the last 2 days. week
If you read this far, you understand why Exness is trusted by so many traders?
In fact, Exness had a lot of complaints about candlestick corrections and unexpected closings, but all of them were resolved smoothly. To be fair, Exness is really a “beautiful” floor. You can sign up for an Exness account here: Sign up
