Read Exness broker review before buying a new FX trading account. Since 2008, Exness has established a strong global presence – offering a range of tradable currency pairs globally. Today, Exness processes a monthly trading volume of $4 trillion+ through different account types – designed to support all experience levels, strategies, and trading styles. Plus, the majority of client reviews prove Exness’ trustworthiness, competitive trading conditions, and safety for all traders. As someone looking to open a new account with Exness, review the offered services, selection of assets, and broker’s customer support to make an informed decision. Keep reading for a comprehensive Exness broker review to buy a new Forex trading account.
Exness: Regulation And Safety
Before opening a new forex trading account, let’s start Exness review with the broker’s regulation and safety. Operating as a regulated forex trading broker, Exness maintains compliance with global financial authorities – including CySEC, FCA, FSA, FSCA, FSC, and MiFID. These global regulatory bodies require Exness to maintain strict financial standards. For instance, your funds are separated from the broker’s operational capital through segregated accounts. In addition, Exness enforces Anti-Money Laundering (AML) procedures for all account types. Combined with multi-factor authentication, these safety procedures protect your FX trading accounts from unauthorized access. Definitely, Exness broker review highlights regulation and safety for new FX trading accounts.
Exness: Trading Spreads, Commissions, And Fees
Exness reviews also reveal competitive trading spreads, commissions, and fees on all FX trading accounts. Primarily, Exness generates revenue through multiple account charges – including spreads, commissions, swap rates, inactivity charges, and currency conversions. You can start trading with Exness at a minimal spread of 0.3 pips and no commission with standard cent accounts. Meanwhile, standard FX trading accounts offer an even tighter spread of 0.1 pips. While Exness’ spreads are affordable, you should still review the broker’s inactivity charges, rollover costs, and other fees. Typically, these charges may vary based on your location – potentially increasing your overall trading cost. Definitely, review Exness broker’s spreads, commissions, and fees before buying a new FX trading account.
Exness: Supported Account Types
Exness broker review also highlights supported account types. Exness supports five different account types – with options to demo each account before making a deposit. Commission-free standard accounts are an ideal for beginners looking to trade with lower costs. You can also buy the Standard Cent account to evaluate new FX trading strategies with an affordable minimum deposit of $10. More experienced traders should buy the Exness Pro accounts to trade lager volumes at the lowest spreads of 0.1 pips. These Pro accounts require a $200 minimum deposit – lower when compared to the competitive pricing in the industry. Additionally, you can open a new Raw Spread Account to start trading with a $500 minimum deposit and ultra-low stable spreads. Keep in mind that these raw spread accounts charge a fixed commission of up to USD 3.50 – depending on the selected financial asset. Indeed, read Exness broker review that highlights supported account types.
Exness: Support For Unlimited Leverage
Before buying a new FX trading account, review Exness broker’s support for unlimited leverage. As one of the unlimited leverage forex brokers, Exness adjusts FX leverage based on the supported equity for your trading account. Of course, qualified trading traders can take advantage of infinite leverage to maintain a profitable position in the market. Exness supports unlimited leverage for all account types. To start trading with infinite leverage, you should maintain a minimum equity of $1,000 on your account. Once qualified, choose between 1:2 to 1:unlimited leverage – based on your risk tolerance, trading style, and FX strategy. Keep in mind that the support for unlimited leverage also depends on chosen FX currency pairs. For instance, you can only access a 1:200 leverage to open new positions for exotic currency pairs. Indeed, Exness broker supports unlimited leverage for multiple FX trading accounts.
Exness: Trading Instruments
Finally, read Exness broker review to evaluate supported trading instruments for different FX trading accounts. Exness’ support for multiple forex currency pairs will likely impress serious FX traders like you. In fact, you can trade over 100 unique currency pairs – including majors, minors, and exotics. Additionally, you can explore commodities, cryptocurrencies, metals, indices, and shares on your trading accounts. This extensive range of instruments supports diverse trading preferences, strategies, and styles – creating new opportunities to diversify portfolios. Indeed, the Exness broker review reveals support for multiple instruments on FX trading accounts.
Read Exness broker review before buying a new FX trading account. As a trusted FX broker, Exness is registered under multiple financial authorities to create a safe environment for traders. While trading, you can take advantage of competitive spreads, commissions, and other charges across all supported account types. In addition, maintain a $1,000 equity in your account to take advantage of flexible trading leverage of up to 1:unlimited. Of course, you can trade multiple financial instruments with Exness accounts to diversify your trading portfolio. Follow the points above for comprehensive Exness forex broker reviews to open an FX trading account.