Exness Broker: A Comprehensive Guide for Traders

Exness broker is a well-known name in the Forex trading industry. Founded in 2008, the company has grown to be a popular choice for many traders who want to trade in the financial markets. This article aims to provide a comprehensive guide for traders who want to know more about Exness broker, including the company’s history, the services it offers, its trading platforms, account types, fees, and regulations.

Company Overview

Exness broker is a leading online forex and CFD broker that offers trading services to clients worldwide. The company is registered in Seychelles and is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The broker’s global head office is located in Limassol, Cyprus, while it has other offices in the United Kingdom and Dubai.

Exness is known for its transparency and reliability. The company has won various industry awards for its innovation and excellence in customer service. It has also gained a reputation for offering some of the tightest spreads in the market, fast order execution, and an excellent range of trading tools and educational resources.

Trading Platforms

Exness offers a range of trading platforms, including:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• Exness Web Terminal
• Mobile App (iOS and Android)

MT4 and MT5 are popular trading platforms that offer advanced charting tools, technical analysis indicators, and trading robots. They are also available on desktop, web, and mobile devices, which makes trading more accessible for traders on-the-go.

The Exness Web Terminal is a web-based trading platform that provides instant access to the markets without the need to download or install any software.

Account Types

Exness offers three main account types, including:

• Standard Account
• Professional Account
• ECN Account

The Standard Account is designed for beginners and traders who want to test the waters with a small investment. The account includes fixed spreads, instant order execution, and the ability to trade in micro-lots.

The Professional Account is designed for more experienced traders who want lower spreads, faster execution speed, and the ability to trade in larger volumes. The Professional Account also comes with exclusive access to the VPS service, which ensures uninterrupted trading even in highly volatile markets.

The ECN Account is designed for traders who want to trade in a market with no dealing desk intervention. The account offers variable spreads, market execution, and the ability to trade in large volumes. The ECN Account also comes with commission charges, which can be a disadvantage for some traders.

Fees and Charges

Exness broker is known for its low fees and charges. The broker offers some of the tightest spreads in the market, with the EUR/USD pair starting at 0.1 pips. The broker charges commissions on ECN accounts, which range from $2.5 to $3.5 per lot. However, the broker does not charge any deposit or withdrawal fees, which is a big advantage for traders.

Regulations

Exness broker is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The broker adheres to strict regulations regarding the safety of clients’ funds, segregation of funds, and risk management policies. The broker also offers negative balance protection, which ensures that traders do not lose more than the amount they have deposited.

Customer Support

Exness offers excellent customer support to its clients. The broker has a dedicated support team that is available 24/7 to assist clients with their queries. Traders can contact the support team via email, live chat, or phone. The broker also offers multilingual support in several languages, including English, Chinese, Arabic, Indonesian, and Spanish.

Education and Resources

Exness offers an extensive range of educational resources to help traders improve their skills and trading strategies. The broker provides a range of articles, videos, webinars, and tutorials that cover various topics, including technical analysis, fundamental analysis, risk management, and trading psychology.

The broker also offers a demo account that enables traders to practice trading in a risk-free environment. The demo account comes with virtual funds, which traders can use to test their strategies without risking their capital.

Conclusion

Exness is a reputable broker that offers a range of services to clients worldwide. The broker is known for its transparency, reliability, and excellent customer support. Exness provides traders with a range of trading platforms, account types, and low fees, making it an appealing choice for both beginners and experienced traders.

If you are looking for a broker that offers tight spreads, fast execution speed, and an excellent range of educational resources, Exness broker is worth considering.