exness Reviews

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Exness  Review

Website: www.exness.com
Regulation FCSM
Phone: +7 812 927 16 61

Company Addresses:
Krasnoselskaya 2,
office 3
St.Peterburg
Russian Federation

Leverage: 1:100-1:1000
Minimum Deposit: $10
Automatic withdrawal
Bonus for Mini accounts: any size deposit is increased by 25%
Bonus for Classic accounts: any size deposit is increased by 15%
Stop Order: Yes
Limit Order: Yes
Trailing Stop Order: Yes
24hr Trading: Yes
Islamic Account: Yes
Website Languages: English,Arabic,Russian,Indonesian,Malaysian,Spanish,Thai,Hindi,Georgian
Supported Services: newsletter, online, phone, chat
Personal Account Manager: Yes
Personal Dealer: Yes
On-line since: 2009
Browser platform: none
Downloadable platform: EXNESS Metatrader 4 (MT4)
Mobile platform: none
Phone dealing: Yes
No Dealing Desk Execution: Yes
Fixed spreads: No, best available buy and sell prices are presented
Guaranteed stop losses? No, all orders are executed at best available price
Hedging capability: Yes
Timezone GMT
Scalping allowed: Yes, all trading methods are allowed.
Account currencies available: USD
Demo account: Unlimited, with re-deposits allowed.
Live chat support: Yes - well above average in terms of patience and knowledge.
Swap-free accounts Yes - no extra charges and available to everyone, not just Islamic traders
Typical spread on EUR/USD: 0.1 pips (0.00001) on Expert Accounts, 0.4 pips (0.00004) on Classic Accounts, 0.7 pips (0.00007) on Mini Accounts
Order processing: STP (Straight Through Processing)

Payments accepted:
Payments are accepted on the website in 8 different currencies and payable through Moneybookers, Webmoney LibertyReserve AlertPay PerfectMoney c-gold ......

EXNESS, Exchangeness of Traders with offices in Russia, St.Peterburg, Krasnoselskaya is a Forex trading Firm that also offers other financial services to their registered clients.

EXNESS is a fairly new entrant into the forex arena, and it offers some very interesting trading conditions. Small accounts can enjoy insanely high leverage of 1000:1 (yes, ONE THOUSAND to one), making it possible for smart traders to take advantage of the market without having all their capital tied up with their broker: you can keep more of you money in the bank where it's safe and earning interest, while a much smaller chunk is with your broker. Larger account holders ($10,000+) are still given decent maximum leverage of 100:1.

EXNESS offers Trial account or Demo account to the clients who’d rather practice trade before investing money in real market. Demo or Trial Account can be opened with deposit of $100000 fictitious money, with complete range of trading instruments and real trading environment on Meta Trader terminal interface. The demo account gives clients access to Meta Trader Platform with real market and features.

MetaTrader4 by Metaquotes Software Corporation is the platform of choice for Exness. Potential clients are free to download the platform from the link provided. Like many of its competitors Exness offers a trial or demo account option so that those new to online trading can test and develop their trading skills before putting any funds at risk in real trading activities. A section of the website devoted to introducing traders to Forex and the like is a bit cursory in its approach.

EXNESS offers 150 currency pairs to trade. Spread is available from 0.4 points. They allow automatic withdrawals. 700 trading instruments. Forex crosses, CFDs on shares, futures. Quotes up to 5 digits are available. And they offer unlimited trial account.

Payment processing is also fast and efficient with many withdrawals processed automatically with no human intervention (depending on the payment method used).

Next on the list are spreads, which are kept extremely low, with EUR/USD starting at 0.4 pips on mini accounts and as low as 0.1 on accounts of $100,000+. Either way, these are some of the best spreads you'll find anywhere, and in spot forex there are no commissions to pay on top of this.

Another apparent emphasis at Exness is security since even the home page link uses the secure version of the HTTP web protocol HTTPS, which is designed for secure ecommerce transactions.

The trading services that Exness offers to clients are Forex trading, CFD trading and futures trading. The website is admirably clear about the trading hours for each of the different services. Parts of the website mention account minimums and leverage ratios. It would be more convenient if client options were spelled out more clearly.

EXNESS also gives clients access to trading a huge number of instruments, from 150 forex pairs to CFDs from 11 different exchanges from New York to Jakarta, as well as Russian futures (FORTS) and NYMEX.

To top everything off, all traders are welcome to trade swap-free accounts, with NO EXTRA FEES. This is quite rare and can be a huge advantage in many longer-term strategies.
 

 


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