Exness Review 2022: Hi There this is Nagaraju from Reviewedhub and today we will do an in-depth review on Exnesss Broker. Nextness broker was founded in 2008 and they are really popular in africa and asia regions.
If you have any questions about this Exness Review 2022 article you can simply ask us from the comment section Given Below.
Exness Review 2022
Broker Details and Regulations and License:
Exness has enjoyed substantial growth over recent years and is now regulated by seven different jurisdictions. The financial services authority (FCA) the financial services commission (FCS) the financial sector contact authority (FCCA) the cyber securities and exchange commission (CYSEC) and last the central bank of curacao and saint martin.
Assets and Markets
Users who hold accounts or thinking to open an account on Exnesss broker can trade various assets across six asset classes, But to be more precise those are more than 104 experts with spreads to vary based on the account type the clients can choose.
More than 100 stocks such as google, amazon and tesla, 10 indices which include US tech 100 and spx 500 index among others. More than 20 Cryptocurrencies such as bitcoin ethereum and litecoin energies that include crude oil and brand and last three metals called palladium and silver.
Exnesss offers two types of accounts standard and professional, However there is a further split a standard account comes into two versions.The standard and the standard sent. While the professional account splits into three versions the Way spread the Zero and the Pro. Now let's have a look on how they compare to each other.
Starting with the two standard accounts We can see that the spread for both start at 0.3 pips and both have no commissions and unlimited leverage. The first main difference comes to the instruments available for each, as the standard account allows forex, metal, cryptocurrencies, energy, stocks and dices, and the send account only allows forex and metals.
The minimum load size is set to 0.01 and the max to 200 for both accounts, heads margin margin calls stop out other executions and swap three are the same for both accounts.
Last and quite important the standard account is available for mt5 while the standard send is available for mt4, both will work with the native Exness terminal platform as well when it comes to the professional accounts which according to the Exness are designed for the most experienced traders these are three types.
They're all spread Zero and pro. Zero spread has the lowest spread with fixed commissions per load and market execution. The zero count offers zero spread on the top 30 instruments. Market execution and no requotes.
The pro offers instant execution with zero commissions and low spread, the minimum deposit is set to 200 dollars for all three accounts, the spread for the first two start at zero pips while the pro starts from 0.1.
The main difference is on commissions as for row spreads at 3 dollars and 50 cents per lot on 0 10 cents per load and last on the pro there are no commissions.
All professional accounts offer access to all assets the broker has to offer and can be traded on both their native platform or by using metatrader 5 platform.
A service that needs to be mentioned here and offered by Exness is Social Trading. Which means users can copyright other traders that deploy their strategy by paying a commission to them.
On their website or when you create an account you can see how they perform what are the requirements and how to join.
Exness offers four different platforms to its traders those are Metatrader 4, Metatrader 5 Metatrader, Web terminal and their Native Exness Terminal platform.
All platforms are available on mobile as well. Exness offers a decent amount of funding options, those are bitcoin, bank cards, skrill, net teller, online bank transfer, perfect money, stick pay, tether and web money.
The minimum deposit for most of them is 10 dollars, but for online bank transfer and perfect money the minimum is set to 55 and 50$ respectively. When it comes to withdrawals the minimum starts at one dollar but could go up to a hundred dollars depending on the option spec.
Last when it comes to speed most of the deposit and withdraw options will see your account funded instantly. bitcoin and tether could take up to 72 hours according to this table and online bank transfer up to 6 hours.
Users can contact customer service via email phone and live chat according to their website support is available 24 hours a day for 7 days a week for english chinese and thai languages. For the other languages supported there is a schedule that allows you to know when they are available so let's have a look on the pros and cons of the Exness broker.
Exness Review 2022 Pros and Cons
Starting with the pros, it is a regulated broker it has been around for more than 14 years, offers six asset classes to trade with offers two different type of accounts split further into five types, four trading platforms offered metatrader 4 metatrader 5, webtrader and their native Exness terminal.
Decent selection of platforms for depositing withdrawing funds offered, social trading is available and last 24/7 customer support.
On the cons now USA and most european clients are not allowed less trading instruments compared to the competition offered high spreads on some account times and, last they offer no welcome bonus.
Overall Exness is a well regulated forex broker and has been around for more than 14 years, to open an account you can click the below Get Started Button and create a Exness Account.
Thank You for Reading this article If you have any questions about this Exness Review 2022 article you can simply ask us from the comment section Given Below.