To get the nitty gritty details, traders can find the Customer Agreement on the Legal Documents page. I performed my tests with a Standard Account, using the Exness Terminal platform. The account was opened with the Seychelles entity of Exness (Exness (SC) Ltd). Once your account is live, any further deposits will need to be at least $10. Once your xcritical website account is set up (it shouldn’t take long to process), you’re ready to make your first deposit (the minimum is $200) and then proceed to select the account type which works best for you.
- Exness offers a very strong selection in forex, commodities, indices, and cryptocurrencies, affording clients opportunities with a greater variety of markets at their fingertips.
- Exness does not accept clients from the United States of America, American insular areas, European countries, the United Kingdom, and Vatican City.
- Exness has expanded its platform offering, first adding MetaTrader 4 (MT4) and then MetaTrader 5 (MT5) for desktop, web and mobile trading.
- There’s also the bi-weekly technical analysis with quality content and charts.
- This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit.
- Somehow, remember that different instrument has different trading conditions.
Exness Main Features
Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.
Why is It Important to Know Where Your Broker Subsidiary (Entity) is Regulated?
However, its technical indicators, customizable charts, and automated trading capabilities make it a popular option. Additionally, the broker provides its proprietary Exness Terminal app as a unique web trading solution, although it’s not available for mobile devices in certain areas. Additionally, Exness doesn’t charge for most deposits or withdrawals, and swap-free options are available. This selection is competitive with other CFD-only brokers we’ve evaluated, many of whom provide similar or slightly fewer offerings.
Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose. Besides lots of currency pairs, Exness also offers some instruments you would like to trade xcritical rezension on, such as Forex, Gold & silver and Commodities for your best choice. Besides lots of currency pairs, Exness also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto and Commodities for your best choice. From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types.
Product Range
When ing a forex broker, deposit and withdrawal features are some of the most important things to consider as it can easily affect the trades. In Exness, you can deposit and withdraw via Wire Transfer, credit/debit cards, Neteller, and Skrill. The processing time basically depends on the payment option you choose, ranging from several minutes to several days. At Exness, funds can be deposited and withdrawn using a wide range of methods, including bank transfer, credit/debit cards, and digital wallets.
Tradable Instruments
Both the trade copier and the strategy provider can earn from profitable trades. The trade copier uses the platform to find a strategy provider to follow. When the strategy provider makes a profit, they earn a commission from 0%–50%. Using watchlists in the Terminal platform, traders can view lists of instruments broken down by asset class and other useful lists like top movers and popular instruments. In this review, I tested the Exness Terminal platform, which has a basic, uncluttered interface, making it easy for beginners to navigate.
By default, the demo account provides access to MT5 with $10,000 in virtual currency, but you can use it to explore all available platforms. Read my full guide on the best brokers offering demo accounts, also known as paper trading, to learn more. The trading costs will depend on the account type you select, as the two commission-based accounts have lower spreads compared to the commission-free accounts. All account types use market execution, except for the Pro account which offers both instant and market execution methods. These platforms are equipped with extensive charting tools, automated trading capabilities, and user-friendly interfaces, enabling traders to implement a wide range of strategies and perform in-depth market analysis.
