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Exness Review
Exness review – Exness aims to deliver honest and transparent services to traders. They have a vast number of Exness Group’s clients spread throughout the world, which are also increasing day by day. With that said, extensive educational contents need to be introduced for the betterment of future clients.
Promotions
News
- October 19, 2017 – Exness presents partnership agreement with Real Madrid at Santiago Bernabéu
- August 2, 2017 – Exness announces official partnership with Cristiano Ronaldo
Account Types
What types of accounts are offered on EXNESS?
There are four different types of accounts:
- Cent
- Mini
- Classic
- ECN
Cent – For beginners, Cent will be the best account type since it’s very basic, and they don’t even require a minimum deposit. They provide 1:unlimited leverage and minimum to maximum trade size of 0.01 cent lot and 100 cent lot respectively. Denomination of the account is actually in cents. Margin calls are 60% whereas stop out levels are 0%.
Mini – Just like Cent, Mini also doesn’t require a minimum deposit, but maximum trade size is set as 0.01 and can go up till 200 lots. 1:Unlimited is the maximum leverage. Stop levels are 0% and margin call level is 60%, same as Cent.
Classic – Things are a bit different in a classic account; the leverage as well as minimum deposit is $2000 with 1: Unlimited leverage. 200 lots of maximum trade size and 0.1 lot of minimum trade size. Margin level is at 30% and stop levels is at 0%.
ECN – There is minimum commission required of 25$ per standard lot traded. Minimum trade size is at 0.1 lot, with no limitations on maximum trade size. Margin call level is 100% and stop out levels is 50%. Interbank market is provided with a multi-bank access and the leverage is fixed at 200:1.
Trading with professional advisors can be done through ECN, Mini and Classic accounts. Hedging strategies are also permitted.
Trading Platform
Traders can decide to trade on any platform of their liking. The choices are as follows:
MetaTrader 4 – If the trader is interested in forex trading then Exness highly suggest setting up MetaTrader 4 terminal. This platform is believed to be the most suitable and efficient for professional traders. This is the main reason behind Metatrading reaching industrial standards as far as forex trading goes.
MetaTrader 5 – As the name suggests this 5th-generation platform is an upgrade from the 4th version mentioned above. The improvements are made on the terminal’s interface and the performance and productivity has increased immensely. The features of the platform are also greater in number.
Mobile Platforms – This platform is great to keep track of trading results, anytime and anywhere via Exness MT4/MT5 mobile terminals. Their support has been provided by Android and iOS operating systems alike.
MT4 WebTerminal – Moving on to the web, this is a version of the famous MT4 trading platform and can be accessed through the webpage of Exness.
MT4 Multiterminal – If you desire to manage numerous accounts, assign lots to multiple accounts, and place orders with ease and at the same time, then MetaTrader 4 Multiterminal is the best choice for you.
Funding Methods
The various methods of withdrawal and deposit of money on Exness are discussed below:
Local payment (Excard) – The most suitable method for deposit can be done through virtual prepaid cards. These cards are also chosen in trader’s country natural currency.
Internal Transfer – Immediate transferring of money within Exness accounts.
Electronic payments – These can be done through Perfect Money, Ukash, Skrill (Moneybookers), Neteller, cashU, WebMoney and FilsPay.
Bank Cards – For credit or debit card transactions VISA, UnionPay, MasterCard and JCB can be used.
Wire Transfer – can also be used to deposit and withdrawal of money.
Awards
Customer Support
The customer support of Exness is outstanding, with the website capable enough to support 15 key languages like:
- English (24/7)
- Chinese (24/7)
- Malay
- Russian
- Arabic
- Farsi
- Hindi
- Thai
- Korean
- Bengali
- Spanish
- Indonesian
- Urdu
- Vietnamese
- Tamil
There are no stones left unturned when it comes to giving first class services to their customers, which is why they offer multiple methods to contact support. The methods are email, livechat, postal mail, call Back service and telephone 24/7.
Other Services
Analytics – In Forex market the utilization of analytics makes you capable enough to foresee the alterations in trading instruments exchange rates with a substantial possibility and then the information extracted can be used in deciding the correct trading strategy.
Dow Jones News – Exness clients are privileged to have access to extremely significant economic news which has an impact on Forex market. Known as Dow Jones news, this is the top news channel to enlighten people with relevant information regarding finance and business. They are renowned in providing real time broadcasting without any interruption or intervals. Exness trading account members are on the receiving end of this news.
Economic Calendar – Economic calendar can be used execute a choice of an event within a chosen time limit which can be filtered with the most vital events or the country you wish to see.
Trading Central Reviews – An agreement with Trading Central was made on 2013. Trading central is a top gun in the market for consulting services in finance.
TC.TechnicalAnalysis Trading Indicator – Exness advises traders to use TC.TechnicalAnalysis trading indicator for their own benefit.
Trading Central WebTV – WebTV can be used by Exness clients to see news of New York Stock Exchange.
Trader’s Calculator / Currency Converter – Can be used for calculation of transaction parameters like swap amounts, margin and cost of point. This information is crucial if your account has multiple open positions in numerous forex currency pairs and additional instruments.
Conclusion
There are numerous online Forex brokers available on the internet, so why chose Exness?
Exness doesn’t make empty promises of greatness, but actually provides remarkable customers services. Their services automatically convince the client that they care for them, and they clients come first! This can be proven by countless positive reviews about the company by actual clients on review blogs of Forex brokers. Effort and time is invested to address the client’s complaints and needs. Years have passed, but Exness has managed to uphold its reputation in being reliable and trustworthy. So our vote is with them in being an exceptional broker.
