Exness is a well-known global brokerage company that provides services from two main offices in Seychelles and a Cyprus Broker. This division of the firm offers worldwide clients to utilize customized financial services and investment solutions. In contrast, the worldwide brand offers vast opportunities to retail, and mainly for partnerships and corporate solutions.
The EU-based firm in Cyprus provides complete regulated services to the members of EEA and around the globe. In addition to this, the broker also spread globally and established a UK-based firm Exness UK Ltd which is also fully regulated.
Exness has won several awards as a retail broker. It provides stable brokerage services with a comfortable trading atmosphere to the most demanding traders with strict spreads and no secret commissions from 0.1 pips.
The top ten specifications of Exness are:
- Its headquarters present in Cyprus, UK, and Seychelles
- Exness has regulated under the License of CySEC, FCA, SFSA
- its platforms are MT4, MT5
- it deals in the financial instruments like Forex, Indices and Energies, Metals, and Cryptocurrencies
- Exness costs are 1.2 pips
- Exness demo Account is available
- its minimum deposit limit is 1$
- Exness base currenciesare USD and EUR
- Users can get education from Exness Academy with Learning and tech analysis
- its customer support is available 24/7
Exness Pros and Cons
Pro:
Exness offers a good trading environment and is authorized by a reputed authority called FSCA, the mainstay on MetaTrader tech, which gives good research, enough education, and analysis.
Con:
While on the negative side, there is some restriction in the product provided with trading instruments Forex and CFDs. It also doesn’t offer any multi-currency accounts, and the proposal is variated in each law.
Awards:
In Exness history of operation, it has been awarded several times in different fields like Customer satisfaction and trading technology. In addition to this, the Exness has an active effect in social life; it acts as an honored sponsorship partner with many organizations.
Exness is safe?
Exness is safe and not a scam. It performs its operations under relative country’s legal regulations authorized by FSCA South Africa (RSA) provides less risky Forex and CFDs.
Leverage:
Likewise, most Forex brokers, Exness, also provide the leverage usage, which may enhance the potential gains by its possibility to few starting accounts balance. Leverage levels are always based on the trading instrument and run by the regulatory limitations and user’s level of proficiency.
The maximum leverage a user may use as a retail trader is
- for major currencies, it’s 1:30
- for minor its 1:20
- for commodities, it’s 1:10
A global firm of Exness may allow higher leverage ratios which can be up to 1:1000. The country of user’s origin also defines it. A user has to learn how to use the leverage in the right way, as leverage may also bring potential losses.
Conclusion:
At last, we may say that Exness is transparent, fully regulated by several jurisdiction’s brokerage houses. Exness Mini and Standard accounts help traders of any level to join this global financial platform. It has been timely recognized in the world of the financial market due to its achievements and high-level operational standards.
