EXNESS Review

Under the trading name of Exness group, Exness has been in existence in the forex trading business since 2008. Ever since it has amassed itself a huge number of clients globally all wanting a taste of the awesome provision in trading with it.

Trading Accounts

Exness has three trading accounts that have been designed to meet the respective tastes of its many clients. Each account has some distinct features that are appreciated by each of the groups that they are intended for.

These trading accounts are the mini trading account, the classic account, and the demo account.

The Exness Mini Account

The Exness mini account is an account that has been designed with specifications aimed at newbie traders or small-scale traders. The following are among the notable features of this account type.

1. No commissions charged.
2. Allows deposits through e-currency channels and wire transfer.
3. Spreads from 0.3.
4. Has the stop order command to shield you from incurring deeper losses.
5. Instant market execution.
   
   

The Exness Classic Account

This is an account type designed to fit the trading behaviors of professional and those with a vast experience in trading. It has advanced features and is a little bit sophisticated compared to the mini account.

Among the features of this account type include:

1. It is a commission free account meaning no commission is charged at all on trading,
2. Leverages of up to 1: 2000.
3. Allows deposits from both wire transfer and e-currency.
4. Offers lucrative spreads from 0.1 pips.
5. Offers clients access to the interbank market.
6. Fast market execution.
7. Has the stop order command.
8. No limit on the number of positions.

The Exness Demo Account

The Exness demo account is a special account that has been set to meet the needs of new clients with little or no idea about the forex trading concept. The account will introduce a new client to forex trading and will allow the client to learn on execution trades as well as execute trades though in a virtual manner. There is some virtual cash that will help the client know how to execute his or her trades. This account serves as an initiation tool to clients before they can cross over to live trading on either the mini or classic account.

The Company. Security Of Funds.

Exness as earlier indicated was founded in 2008 by a group of like-minded individuals with interest in the forex trade. The outcome has been a steady growing fir that has managed to make a big name out of itself in the globally in the forex circles. Due to this globalization Exness has managed to penetrate various countries around the world by offering its top-notch services. This has made it restructure and it is operational in almost 13 languages.

The firm has a dedicated and highly qualified personnel that helps the clients with queries or issues arising while they are trading. The personnel will help solve their issues as well as offer advisory services which are a plus to any client. This also reflects in their specially designed and tendered products that bids to offer competitive services to all of its clients despite different needs and preferences.

Exness is a credible company with all its licenses on check apart from getting a pass to operate by various regulatory authorities in territories it operates from. Among the licenses it has acquired include:

1. Licensed and given a clean bill of operation by the United Kingdom's financial conduct authority (FCA).
2. Licensed to operate in Cyprus by the Cyprus Securities and Exchange Commission (CySEC).
3. It also has been licensed by the concerned regulatory authorities in Spain, Italy, Sweden, the Netherlands, and Germany.

Still, on its credibility, Exness has ensured that clients' funds entrusted to them are kept safe and secure and this upholds their integrity and trust with its many clients. Among the measures put across to ensure the safety of such funds includes:

1. Partnering with major banks that are very credible. Such banks include Barclays bank, Baltikums bank and OCBC Bank.
2. Segregation of clients' funds from the firm's operation funds in a bid to prevent a mix-up.
3. Ensuring proper risk management strategies to prevent unwarranted losses that may affect the clients’ funds.
4. Exness is a member of various compensational schemes that will sort out clients’ issues concerning funds in case of liquidation of the firm.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit varies from the two accounts. The mini account has its minimum deposit set at $1 while the classic account has its minimum deposit set at $2000. This will serve as your base capital in your trading activities.

Commissions And Spreads

All accounts are commission free and have very tight spreads from 0.1 pips for the classic account and 0.3 for the mini account.

Trading Platforms

Exness uses among the best trading platforms that help in the fast and efficient execution of trades by its many clients. These platforms include the MetaTrader 4, the MetaTrader 5, the mobile platform and the mt4 web platform.

Among the key advantages of these platforms include:

1. Provision of quality charting and analysis tools.
2. A user-friendly and easy to use interface.
3. Compatibility with a host of devices, operating systems, and browsers.
4. Secure in protecting clients’ information and identity.
5. Fast trade execution speeds.
   
   

Promotions

The following are the promotions currently on offer at Exness.

1. Partners are entitled to a stipulated bonus on the total earnings from trading.
2. Features an affiliate program that will entitle you to a certain commission on putting Exness’ banners on your website.
   
   

Deposits And Withdrawals

Deposits and withdrawals are easy to execute and use modes such as Neteller, skrill, visa, and MasterCard. There is no limit to withdraw or deposit. There are two ways to transact ether commission free or instant. There are no transaction charges if you use the commission-free mode, however, it is relatively slower. In instant, you will be charged a certain amount.

BRIEFLY ABOUT Exness

Exness is a very legitimate trading firm if you are to judge by the plenty of partners it has and also Exness customer reviews and comments. The specially tendered services and products are so welcoming and will definitely provide a client with an awesome trading experience. This is a trader that is strongly recommended to anyone both the new and experienced in the forex trading concept.