© HOTEL INOU, ALL RIGHTS RESERVED.
When it comes to margins, they again vary on the individual’s location and the client category. On the contrary, if you sign-up as a professional client, you do not come under the EEA Regulations, which makes you eligible for lower margins- to the extent of 0.5%. Besides, International clients are also allowed lower margins due to the non-interference by the Seychelles Financial Services Authority , the regulator for global clients. However, the margins are directly proportional to the invested capital- higher the equity, higher the margins. A correct choice of a trading platform is the first step to success for every beginner. But a large variety of brokers can puzzle even an experienced trader.
You can become a participant in the Forex contest for owners of real or Demo accounts during different holiday periods. The rules are usually based on the need for active trading during the drawing period and to obtain the best results among all the competition participants. Most often, real cash prizes with the possibility of withdrawal or gadgets are drawn among the participants.
Most crypto exchanges support the EUR/ USD trading pair. According to the Exness review, it has a wide range of accounts to offer when it comes to account types to choose from. These accounts are varied in nature and designed to suit everyone interested in trading. An additional source of income is an affiliate program that Exness encourages its traders to participate in and attract new customers. Being an Exness client, a trader simply places a broker’s registration link on their social media or any other resource.
And I found Exness, the most suitable forex broker for me. It is a high degree of risk to trade securities and derivatives. You should be aware of the risk before you start trading. Brokerschecked.com does not provide any investment advice.
Thanks to its license from CySEC, the broker is permitted to offer services throughout the region. XM’s Research and Education section is well designed, offering live market news provided by Reuters and in- house technical analysis written by industry experts. Exness also provide handy bite-sized video explainers of how trading works in several different languages.
I’ve been trading with Exness for over 2 years now and I guess it totally deserves my trust. I still have to use the second broker for copy-trading though, as copy-trading really is organized much more professionally with the use of ctrader tools. I want to give them 0 stars for their customer service and transparency. Clients can choose to set their account in almost any currency . Metatrader 4 and 5 s are available as trading platforms on almost any device and all major operating systems. Technical analysis tools such as forecasts from Trading Central or trading signals from Autochartist can be implemented and used in one’s daily trading routine.
From New York and Tokyo indices, to top tech and pharmaceutical companies, there’s plenty of investment options on the Exness Markets app. Ping connection between the trading server of the Forex dealer and the VPS-server is about 0.01 seconds. This eliminates delays in order execution and slippage, which is very important for clients who use Expert Advisors – scalpers. In 2020, currencies are as unstable as possible, so stock exchanges are trying to use it. Shares are constantly falling, so the average account on Exness realizes its position in the Forex market.
The amazing thing here is that you don’t have to pay a fee for your submission. Currently, you can deposit a minimum of 1 dollar in Exness trades. Also, through the broker’s platform, there is an opportunity to invest Exness’s minimum deposit of 10 dollars or more . You can start a business by investing here as per your need. However, you are not advised to start with a small amount of capital.
However, all accounts do have competitive spreads and commissions. Exness sosafe.com/new/why-should-you-trade-options.html offers a variety of fee-free deposits and withdrawals via debit/credit cards, Neteller, Skrill Perfect Money, WebMoney and Cryptocurrencies. Multilingual customer support is also available 24/7 via live chat, email and phone. There is also a comprehensive Help Center on the broker’s website.
You can also trade via the popular platforms MT4/MT5, which is great for technical analysis and automated trading systems. When it comes to safety, Exness holds several brokerage licenses. This includes the UK’s Financial Conduct Authorty and CySEC of Cyprus. As a result, you should have no concerns about the safety of your funds when using Exness for your online trading needs. Now we are discussing the details of each trading account type in Exness review 2021.
The Standard and Pro accounts do not have commissions that are charged on trading, but the Raw account has commission fees up to US Dollar 3.5 and the Zero Account from US Dollar 3.5. Exness charges fees based on the type of account pertaining to commission fees. Exness provides traders with financial services and investment solutions that are tailored according to the needs of its clients. Exness is an English forex broker company that is based in Limassol, Cyprus.
Also, don’t invest any money that you cannot afford to lose. It provides an automated menu initially which includes all the commonly asked queries. At the end of the menu, there is an option to connect live with customer support executives. Non-trading fees include all the charges incurred to the trader without executing any trades. The Non-trading fees at Exness are comparatively lower than most of the regulated brokers in Nigeria. It offers the highest number of currency pairs in Nigeria.
Moreover, the broker also expanded its global reach and established a UK-based entity Exness UK Ltd which is also respectively and fully regulated. The most important is the regulation of the broker, make sure that the broker that you are about to choose is regulated with minimum 1 top tier regulator like FCA, ASIC, CySEC or FSCA. To open your trading account you need to follow these 3 steps. One of the most important metric that we give importance to while comparing and recommending a broker is the standards of customer support.
The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Spreads are high in my opinion, which prevents short term trading and scalping. On the other hand the overnight fees are nowadays high, too, which lays a burden onto the swing and longer term trader. It is hard to accept this, since I opened my account at a time when the EURUSD spread in Exness really was 0.2 pips. During the London and New York session they spread seems to be closer to the promised, but they never meet each other, really.