You have heard about the forex broker, Exness, but what is its real value? Is it a regulated and licensed broker that offers low spreads on 100 trading instruments? Does it charge commissions for financial operations? And is its support available round the clock? Read on to find out. Regardless of whether you're a novice or an experienced trader, Exness offers a great service. Listed below are some of its benefits.
Exness is a licensed and regulated forex broker
If you are new to trading in the forex market, then the Exness Standard account is for you. The only requirement for opening this account is a one-time deposit of $1 USD. This account is designed to teach you the basics of forex trading, and has a high level of leverage that helps you stay in your position longer. Exness estimates that 80% of their users open the Standard account. You can start trading with as little as $0.01 per trade and can have an account with Exness as soon as you are approved.
Exness is a regulated broker that operates under the laws of two tier-1 authorities in the UK and EU. They are a member of the investor compensation scheme, which provides its clients with a certain amount of compensation in the event that they are forced to go out of business. As a member of the EEA, https://newexness.com/login/ also has multiple licenses from leading international governing bodies.
It offers low spreads on 100 trading instruments
Exness offers a wide range of trading instruments with varying margin requirements and minimum and maximum positions. Most of its instruments have low spreads and can be traded with leverage of up to 1:100. Leverage varies by instrument and trading entity, as does the maximum leverage. For example, for gold futures, the maximum leverage is 1:200, while for platinum, the maximum leverage is 1:100.
The firm offers a demo account, which mimics the live trading experience and gives you access to virtual funds. The company is regulated by the FCA, Seychelles FSA, BVI Financial Services Commission, and the Central Bank of Curacao. Exness offers forex currency pairs, metals, cryptocurrencies, energies, stocks, indices, and more. Unfortunately, it no longer accepts retail clients in the EU and UK.
It charges no commissions on financial operations
You can use different types of accounts to trade on the forex market. There are standard accounts and professional ones. The standard account starts with a minimum deposit of US$1 and offers a leverage of up to 1:2000. There are also Islamic and Demo accounts. You can open an account easily and quickly. There is a minimum deposit amount for MT4 accounts, and some countries require additional documents, such as proof of residency.
Traders can use both BTC and USDT to trade. They can also choose from a zero-fee deposit option. The service also has zero-fee withdrawal options and aggressive pricing. You can choose from a Standard account with spreads as low as 0.3 pips. The platform has everything you need to get started quickly and become a successful trader. However, you should make sure to research all the charges before deciding to open an account with any particular brokerage.
It has 24/7 professional support
The 24-hour service at Exness ensures your satisfaction, and there is no fee to deposit and withdraw money. You can choose from a variety of deposit and withdrawal methods, including bank wire transfers, popular credit cards and debit cards, e-wallets, and cryptocurrencies. Deposits and withdrawals are instant, although some funding methods may incur service provider fees. Upon account verification, you will have access to your account and the services it offers.
To answer questions and solve problems, Exness offers 24 hour customer support in English, Chinese, and 15 other languages. Live chat, email, and phone support are all available. Their customer service representatives are knowledgeable and friendly and offer timely answers to common problems. If you're not sure how to proceed, you can also consult the company's help center, which provides helpful articles and videos to help you get started. Exness's 24/7 customer support is available in 15 languages, which makes it even more convenient for you to reach a representative.