Regardless of what type of trader you are, whether it is an experienced professional or a beginner, there are a lot of factors you need to keep in mind when looking at different trading platforms. These factors include Account types, Platforms, Spreads, Customer service, and Legality in the United States and Israel.
Among the myriad regulated online and offline forex and CFD trading firms, the award for best customer service goes to Exness. In addition to exemplary customer service, the firm offers a well-rounded and comprehensive list of trading options to suit the needs of even the most discerning of traders. With a robust suite of trading platforms, the firm can provide traders with a full range of trading solutions and access to an array of the most popular instruments and currencies in the industry. Currently, the firm has a presence in eight markets across three continents and is headquartered in London.
Whether you are an experienced trader or a novice, Exness offers a variety of account types. Each type has different rules relating to leverage and commission. The Exness resource center provides in-depth information about each account.
The Standard account is ideal for novice traders who wish to trade with low spreads. It features unrestricted access to MT4 and MT5 trading platforms. It also offers a competitive fixed trading commission per instrument. The minimum markup is 1.0 pips. It provides access to 140 currency pairs.
The Pro account is for experienced traders who wish to use advanced tools and features. It offers access to MT5 trading platforms and expert advisors. It also offers a variable commission structure per trade.
Whether you are new to forex trading or a more experienced trader, there are several Exness trading account types to choose from. These types of accounts vary depending on your preference for trading and the instruments you use.
For instance, a Micro account is designed for traders who want to focus on less risky positions. The minimum trade lot size is 0.01, while the maximum lot size is 200. You can trade more than 100 currency pairs and use leverage to increase the size of your trades.
If you want to trade in stocks, indices, or commodities, you will probably want to open a Standard account. The Standard Account has no minimum deposit requirement and you can trade currencies, commodities, and cryptocurrencies. This type of account also offers unlimited leverage and negative balance protection. It is also the most popular account type on the Exness platform.
Traders can open an account with Exness and access several trading assets. These include indices, forex, oil trading, cryptocurrencies, and shares. Exness also provides educational materials to help its clients trade more effectively. In addition, it offers a wide variety of payment methods.
Before registering with Exness, you must first create an account. The company requires a name, email address, and password. Traders can also use a demo account to practice trading.
After opening an account, you can make a deposit. There are several payment methods that Exness accepts, including credit cards, WebMoney, Perfect Money, and Skrill. There are also instant withdrawal facilities available. However, some payment methods may also attract fees.
Several payment options are available for Exness traders. Some of them are instant, while others require a few days to process a transfer. Traders can request alternative methods but should be aware that the company reserves the right to deny transactions if they don’t meet the minimum requirements.
For example, a customer can fund an account using Visa, MasterCard, or Bitcoin. In addition, they can also use an electronic wallet. In addition, some payment systems allow a trader to initiate a transaction in just a few hours.
The broker’s live chat function is excellent. The company offers support in 13 languages and offers technical support in thirteen languages. The company’s website is encrypted with a 256-bit SSL certificate. It also offers a free demo account. This demo account allows users to experience the live market conditions in a simulated environment.
Legality in the United States and Israel
Founded in 2009, Exness is a B2B financial services provider based in mainland Europe. Its proprietary Exness Terminal platform is user-friendly, and it offers a good selection of trading instruments. In addition to forex, Exness offers CFDs on stocks and indices and cryptocurrencies. Exness also provides a small selection of commodities.
The Exness site also includes a free economic calendar that shows an analyst’s forecast of upcoming economic releases. The site is stocked with several other useful items, including market news and technical insights. The site also offers a chatbot to help with inquiries.
The Exness website also offers a free Exness Demo account for beginners to get a feel for the site. This account allows you to trade the market without risking real money.