24/7 customer support is available in English, Thai, and Chinese. The Help Center attempts to answer the most common questions, while live chat offers the most convenient method for non-urgent matters. I like that Exness provides phone support, which is ideal for emergencies. Exness deploys its lightweight, user-friendly, web based proprietary Exness Trading Terminal, complemented by the mobile trading alternative Exness Trade App for Android and iOS devices. The former features 50 drawing tools and 100 indicators, and the latter has 24/7 in-app support, but both are only available for MT5 accounts and only support manual trading strategies.
- When you choose Exness, you are choosing a large, well-capitalised broker that provides a total trading service, leaving you free to concentrate on what’s important—the markets.
- I rank Exness among the most trusted brokers, and the investor compensation fund adds a layer of safety.
- In 2022, it is one of the five largest companies in the world, offering the opportunity to trade in more than 120 financial instruments.
- Today, the company boasts more than 300,000 active users and a monthly trading volume of $1 trillion.
- The Exness Pro, Exness Zero, and Exness Raw Spread accounts are commission-based choices for demanding traders.
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Unique Features
The name on the payment processor and the Exness account must match, and if traders use multiple payment processors to deposit, they must withdraw in equal proportions. Exness relies on Trading Central services and FXSreet for trading signals, market coverage, and economic news. I find that approach ideal, which allows Exness to focus on maintaining and improving its core trading environment while delivering value-added services via trusted third-party providers. Traders can access them via the Exness Personal Area, within the proprietary trading platforms, or MT4. The Exness Pro, Exness Zero, and Exness Raw Spread accounts are commission-based choices for demanding traders. The margin call level is at 30%, the minimum trade size is 0.1 lots, and the minimum deposit is $200, which is low considering the competitive pricing environment.
No problem – You control the data you let other see. Exness accepts traders from most countries and is one of the most accessible brokers, except for traders who are US persons. I want to caution beginner traders in using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not provide exposure to real trading psychology and can create unrealistic trading expectations. When you choose Exness, you are choosing a large, well-capitalised broker that provides a total trading service, leaving you free to concentrate on what’s important—the markets. Please do not use, they are holding my money, deposit were smooth, but withdrawal is rejected, my account is fully verified but no money when i need it the most…
Discover the right solution for your team
Most traders will pass verification after submitting a copy of their ID and one proof of residency document. Exness might ask for additional information on a case-by-case basis. Traders can also rely on the market leading MT4, the primary choice for algorithmic trading, and MT5. Both trading platforms feature built-in copy trading services, and the MT4 trading infrastructure remains the most versatile, with 25,000+ add-ons, custom indicators, and EAs. Today, the company boasts more than 300,000 active users and a monthly trading volume of $1 trillion. Do it with our flexible sharing features – you can share a single trade or an entire trading day with a single click.
- For example, making a $700 deposit via debit card and $300 via Skrill means a trader must withdraw 70% of profits via the same debit card and 30% via Skrill.
- If you use a VPN service, make sure you are connecting from the country that is authorized for fbs.com services.
- MFE/MAE vs Time/Price etc., Profit factor, SQN, Kelly Criterion etc., are all available in your dashboard.
- Education is not available, but Exness targets experienced traders, making the absence of educational content irrelevant to the business model of Exness.
- They are entirely customizable, and traders can manage multiple accounts via the back office.
TradesViz is the best journaling and trades analysis companion for Exness. Want to learn more about the stocks you are trading? TradesViz offers built-in in-depth fundamentals and 13-F filings analysis and visualizations for every US stock and company.
Wis not to love about Exness
One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. For example, making a $700 deposit via debit card and $300 via Skrill means a trader must withdraw 70% of profits via the same debit card and 30% via Skrill. Exness will highlight recommended payment processors, identifying the best methods filtered by the geographic location of traders and withdrawal experience by Exness. They blocked my Level up account after I have completed about 80% of requirements saying 2 accounts were opened on same IP.
Exness features an above-average commission-free cost structure but a highly competitive commission-based alternative. Equity CFD traders get low commissions and tight swaps, and Exness offers swap-free trading on select assets, which extends its cost advantage. Therefore, Exness is ideal for demanding short-term traders, like scalpers, to medium-to-long-term leveraged strategies. I like the trading fees at Exness and the absence of swap rates on leveraged overnight positions on several assets. It ensures traders can have a competitive edge, generating more profits from existing strategies versus more expensive brokers.
FOREX.com
Depositing money and withdraw process is very good. Our emphasis is on providing useful insights to users in a digestible way. MFE/MAE vs Time/Price etc., Profit factor, SQN, Kelly Criterion etc., are all available in your dashboard. 100+ Statistics + drill-down into ANY datapoint in ANY chart in TradesViz to truly discover your hidden trading edge. Exness supports bank wires (via ClearBank), credit/debit cards, USDT, USDC, Bitcoin, Neteller, Perfect Money, and Skrill.
6 Best Forex Brokers Philippines – Analytics Insight
6 Best Forex Brokers Philippines.
Posted: Sat, 10 Jun 2023 10:28:43 GMT [source]
Exness presents eight regulated entities and maintains a secure trading environment. Exness automatically opens a $10,000 demo account upon registration, and traders can open up to 100 MT4 and 100 MT5 demo accounts from their Exness Personal Area. They are entirely customizable, and traders can manage multiple accounts via the back office.