Exness is a platform that allows traders around the world to trade foreign currency. The broker operates on the forex platform. Exness provides all of its clients with all the assistance they require. They are known as one of the biggest forex brokers on the market.
Exness has a very firm policy regarding transparency and user security. For these reasons, Exness provides all its transactions and relevant information on its website. This Is to provide transparency about Exnesss dealings to their clients to build trust in its community.
Moreover, Exness believes in the full protection of clients; that is why they have incorporated the best security certifications. Exness has been certified by FCA and CySEC, which are known to be the best security certifications. This keeps their clients that they are in good hands. This is why Exness broker
is the choice of so many traders.
Exness has also designed multiple account types to accommodate each type of client. Whether a beginner, an expert, or an occasional trader, Exness has something for them. Through those accounts, Exness provides relevant services to their clients. For professional traders, Exness has provided different facilities and perks such as zero commissions and near-zero spreads. This helps traders generate more revenue from their trades. Similarly, Exness provides its new traders with support through no minimum deposit and support from their multilingual staff.
Types of accounts
Exness has designed four different types of accounts for all of its user-base. These accounts facilitate all sorts of traders, from beginners and professionals to expert traders. They cent accounts for beginners, standard accounts for intermediate traders, and Pro accounts for professionals. In addition, they also have Zero accounts for professionals.
Exness provides their new users with a special account which helps them become better traders step by step. For example, they have no minimum deposit policy for Cent account users, and they have also limited the account to a maximum of 2000-dollar deposit. This is so that new users do not encounter big losses and get disheartened.
What makes this account special is that other brokers provide new users with demo accounts. In contrast, Exness believes that true growth can only take place under real-life circumstances. That is why new users are given a real account to grow under pressure and learn real-life market trends.
Occasional traders are provided with Exness Standard accounts through which they can trade. They have higher deposit limits than cent users, and the account also gives them better spreads with currency pairs. The account does not have any minimum deposit limit.
Professional brokers are given Pro accounts, while many professionals also use standard accounts. To open a Pro account, there needs to be a minimum of $2000-dollar deposit. The account provides Pro traders with zero commission advantage and lower spreads.
Although, Exness does charge them for every trade so that Exness earns as well. Exness provides their clients with the facility of instant withdrawals so that they can withdraw their deposits or earnings instantly from a local bank.
Exness also provides 24/7 customer support with multilingual staff. Exness also facilitates their Muslim clients with free sway for Islamic countries.
Expert traders who have been traders for many years and have meticulously studied the market can opt for Zero accounts. These accounts are called Zero accounts because they have zero hidden charges and commission fees. This account also allows them to trade ECN, which is more difficult.
The ECN market also requires traders to pay commission fees for every trade. The market is also known for higher risks and volatility of trends. Although, with Zero accounts, traders have zero spreads and pips.
For professional or expert traders, both Zero and Pro accounts would be suitable and appropriate. The accounts give them low commission rates and zero spreads which makes their traders more profitable.
The level of a trader is determined through their understanding of market strategies how they can understand the market trends and devise a strategy to earn a profit. Traders either go for a short position, which means small trade to earn a small profit.
Other traders go for a long position where they try to earn a larger profit. Each strategy also corresponds to the account they are using. So, therefore, always opt for an account that suits your trading position.
If you are a small and occasional trader, then a Standard or a Cent account would be most appropriate for you. However, if you are a long-term trader, then a Pro or a Zero expert account will be the right one for you.
This is all you need to know about Exness and its facilities. It is a broker which you can trust and which will always treat you as an important client.