Exness is a popular Forex broker that was established in 2008. They have quickly grown to become one of the most prominent players in the online trading industry. Known for their transparent trading platform and easy-to-use tools, Exness is a top choice for traders. There are a number of reasons to use this broker, and we ll go over some of these in this review. Listed below are some of the benefits of trading with Exness.
The first thing you should know about Exness is that they offer four different types of accounts for different types of traders. These are designed for new traders as well as seasoned professionals. Beginners can choose between the Standard Cent account and the Standard and Pro accounts. Expert traders can choose the Zero account. Each of these types of accounts provides different levels of trading capabilities. The types of accounts Exness offers are important for your trading success. Listed below are some pros and cons of each account type.
- Exness charges fees. Forex brokers generally charge a fee for overnight orders. Exness charges this fee if a client leaves their order open for more than one trading day. Many long-term traders will leave their orders open for days or even weeks before closing the take profit order. However, this fee is well worth it if you re trading for the long term. These traders are likely to leave their orders open for several days to weeks to see if they can make money.
- Exness offers multiple trading platforms. Its website has a help center where you can find answers to common questions. Exness also has a chat form in the bottom right corner of the screen where you can reach live operators who can help you trade with ease. Moreover, the platform is user-friendly and can be used on any device, including mobile phones. Apart from that, Exness offers an economical VPS hosting service that is easy to use and has numerous other features.
- Another benefit of using Exness is the fact that it does not charge fees for withdrawals or deposits. However, customers should check whether their country of origin and payment provider will charge them. - In addition, Exness offers instant withdrawal. Withdrawals happen automatically, without human intervention. Traders will appreciate this as it is the fastest among all forex brokers. If you are looking for an account with fast withdrawal speed, this is the best choice.
- If you re just starting out and don t have a lot of capital, a zero account may be an ideal choice for you. In addition to forex trading, the broker also offers CFDs in Metals, Energies, and Crypto. MT5 traders can also take advantage of unlimited leverage through the Standard Account. Moreover, they can copy expert traders strategies and learn from their experience. A good option for beginners and experienced traders alike.