Review of Exness
Exness is a relatively new online Forex broker in the business, and they offer some more helpful trading conditions. There are two main Forex brokers, Exness and Alpari from Russia, but they operate in jurisdictions where laws are not the most respected. Exness is regulated by laws of the Russian federation, but that doesn’t mean that that foreign traders have a good reason to feel comfortable with it. However, Exness, similar to Alpari knows about this and makes extra efforts to provide fair treatment to its clients. However, for the doubt regarding the broker’s regulation, there is no other point with regard to the trading services offered by this broker where traders have found any fault.
When it comes to innovativeness, Exness falls in the old school category of brokers, based of Exness forex review, because it has not yet stepped into the world of social networking. However, that doesn’t affect how its clients rate it in terms of quality services. It is worth nothing that Exness has already done more than $450 billion business in the year 2012 based.
Other noticeable affiliations of Exness include the following:
• FSPR Registration in New Zealand – Regd. No. 3570551
• Registration with Financial Dispute Resolution Service – Regd. No. 181164
There are different types of trading accounts on offer:
• The Market Maker/Fixed Spread Account
• ECN Account
The later offers changeable spreads.
Exness is Certified
The Forex brokerage services offered by Exness are certified and comply with ISO 9001:2008 with regard to financial and currency markets.
In addition, Exness is also the winner of the:
• Russia – Best Forex Broker 2011
• Middle East – Best Forex Broker for 2012
• Asia – Best Standard Forex Broker 2012
• Russia – Best Forex Broker 2012
These awards stand testimony to the performance that this Forex broker delivers. Exness doesn’t support social network integration. However, beyond that there are no other major setbacks that could be noted in this award-winning broker’s service.
The ECN trade accounts from Exness offer interbank liquidity having zero spreads for peak market hour durations. The ECN liquidity of Exness consists of the following:
• ADS Securities
• Market Securities of KYTE Group
Therefore, the liquidity providers of Exness comprise of most of the ask prices and bid prices when it comes to trading with Exness ECN accounts.
One of the main features of Exness is that the offer extremely high leverage to even smaller accounts. The 2000 to 1 leverage gives smart traders the power to make the most out of the market without tying down all their capital with the broker. This means that you could stave off your money in your bank, where it would be safer and earn you interest.
On the other hand, the broker would only have a smaller amount of your money. Exness offers a more standard higher-end leverage of 100 to 1 to larger traders – more specifically those with accounts larger than $10,000. Like any other major Forex broker, Exness also offers trading on MT4 platform. In addition, they also offer demo accounts without any limitations.
Exness Deposit and Withdrawal
Exness offers extremely fast and professional payment processing. It is possible to process withdrawals automatically without the need for you to do anything. However, each type of withdrawal method comes with a certain fees, but these charges are not large – with the highest one being just 1%. However, it would certainly mean that your profit is going to get affected.
Deposit and withdrawal methods
Exness offers withdrawal through the following methods:
• Internal Transfer
• Liberty Reserve
• RBK Money
• Perfect Money
• Skrill or Moneybookers
• Ruble Wire Transfer
• Wire Transfer
• Yandex Money
Exness also offers Automatic funds withdrawal for its clients. Exness also allows new traders to trade their swap-free accounts at no additional charges. This is difficult to find and can prove to be highly advantageous in several long-term strategies.
Proficient Support – Our specialists are ever ready for offering consultation on any topic in 4 languages. They are available round the clock and all days of the week. The staff at Exness are the leading experts in the financial and currency markets. This ensures that our clients get access to only professional and correct decision makers. A successful trader has many qualities that contribute to his/her success. This includes:
• Critical thinking