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Exness Review – Best Asian Broker
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Exness Review – Best Asian Broker

by February 15, 2015
Started in 2008, the Exness Group has become a leader in the realm of online forex and ECN brokerage. Based on strong foundations of openness, honesty, and transparency, Exness offers high quality service involving trading in various financial markets. According to users and clients, the strongest quality of Exness is fast account opening, easy verification and smooth operations.
Overview
Broker

Exness is regulated by CySec (Cyprus Securities and Exchange Commission), license 178/12, as part of the European Union. It has offices in Cyprus, St. Vincent, and Russia.

Details

It has built itself an impressive global presence with over 15000 new clients being signed up each month and total volumes going beyond $100 billion. In 2001 Exness, was awarded NQA’s ISO 9001:2008 certification for quality standard in currency and financial market trade.

Products And Services

As an international online broker, Exness offers trading services on a hundred and thirty-four currency pairs and futures. It is presented in different languages including English, Russian, Chinese, Hindi, Arabic, Urdu, Tamil, Thai, Vietnamese, Malay, Indonesian and Bengali. The official site is available in 23 languages.

Applications

MT4 and mobile platforms.

Deposit Methods

Offer most deposit methods including cards, bank wire and ewallets.

Withdrawal Options

Offer most withdrawal methods including cards, bank wire and ewallets.

Platforms Offered

MT4 and mobile platforms.

Live Support

Yes

Fees

Minimal

Account Types

Exness Micro, Exness Standard and Metal Currency Account

Positives

Exness has a very clear and easy-to-navigate landing page, which even has a currency converter

It has a search button, unlike many other forex brokers that makes navigation even easier.

Exness offers commission-free transactions which makes it a unique forex broker in the current market.

The broker is dynamic, allows may withdraw methods, is available in many languages and has fast execution of operations.

Negatives

On the whole, there is very little not to be pleased with when dealing with Exness.

Rating
Our Rating
User Rating
Rate Here
Reliability
80%
Withdrawals and Deposits
75%
47%
Security
85%
Platform
70%
Customer Service
65%
Spreads
68%
Slippage
58%
Bonus
40%
Bottom Line

Exness is one of the best platforms to trade and they have proved over time that why they are good. So, if you are looking for a reliable broker, then you can choose it. AS ALWAYS PLEASE LEAVE YOUR FEEDBACK/EXPERIENCE TO HELP OUR VIEWERS.

76%
Our Rating
47%
User Rating
You have rated this
Full Review

Exness Review – Best Asian Broker

Instant and market execution are both offered by Exness trading accounts. Instant execution is especially convenient for traders who wish to evade the slippage that characterizes some highly volatile market periods. The conflict of interest on Exness is limited on the spread. This is due to aggregation of prices quotes from liquidity providers and critical analysis of the positions open on their existing client base before the ask price is determined. This allows Exness to offer clients low spreads with minimum requotes.

The model used by Exness is unlike what other conventional brokers offer. The ECN model (which is the market Execution) eliminates client-broker conflict of interest since it is fully automated. The order processing is automatic and has little interference from humans. This makes it highly efficient and creates a trade environment that is devoid of requiotes.  The plan also offers negotiations for the best spreads available from various liquidity providers including Exante, FXCMpro, and Market Securities and ADS securities. Exness is completely transparent, and the price feed are easy to analyze from the Order Book on the platform. Here, there’s a compilation of the five least ask prices as well as the five top bid prices. This is done simultaneously with the volume of bids that correspond to it. Continue reading Exnees review..

Account Types

Exness Micro– this is also referred to as the mini account. It is the entry level account for which no minimum account is required. The account can leverage up to 1:2000 with a minimum trade size of 0.001 lots, a margin call of 60% and a 30% stop out level. No commissions are charged to the Micro account, and the spreads offers are quite competitive from 0.3 pips. However, this account limits one’s access to the interbank market.

Exness Standard– also known as the Classic Account, Exness’ standard account requires a minimum deposit of $2000. The account nonetheless offers a maximum leverage of up to 1:400, a minimum trade size for 0.1 lots, a 30% margin call, and 10% stop out levels. The account gives you access to Dealer’s Choice interbank market and tight spreads of 0.1 pips for the major currency pairs.

Metal Currency Account– this is an account for Exness clients who desire to invest in the asset portfolios consisting of precious metals and currencies. The assets include USD, Euro, Platinum, Silver, and Gold. The Metal-currency account allows the holder to diversify risks by distributing his capital throughout multiple financial instruments. It additionally allows one to generate profits through long-term changes in prices. Continue reading Exnees review..

Account Opening

The process of opening an account with tis broker is relatively streamlined and fully automated. It is easy and Exness couples this to an efficient dynamic portal. The portal lets you manage all trading activities including the trade accounts, billing information as well as a myriad other forex tools. Verification of identity and address is prerequisite before one can make a withdrawal. The portal allows the user to upload verification documents. However, these can also be sent directly to the company through email.

The account can be opened in more than 15 base currencies including Euro, USD, CAD, AUD, GBP, and RUB. Various deposit methods are accepted as well. They include, credit card, bank wire, Skrill, Webmoney, Ukash, Filspay, Neteller, Payweb, C-Gold and Perfect money. Most deposits are processed automatically however one must understand that depending on the provider the transfer fees differ. Continue reading Exnees review..

Platforms

Metatrader 4 is Exness’s main platform and is developed by MetaQuotes. It is highly innovative and features 9 timeframes, over50 technical indicators, and 32 analytical tools. It additionally supports expert advisors and automated trading strategies via a custom MQL4. It operates on most mobile devices as well as PCs and PDAs.

Metatrader 5 is more advanced and uniquely flexible. It has 21 timeframes, a custom MQL5 programming language, level 2 quotes  and  new ‘Buy Stop Limit’ and ‘Sell Stop Limit’ order types.  It offers MT5 demos with $100000 virtual money and leverage of up to 1:500

The WebTrader is exclusively web-based and is convenient for accessing the market via any browser without downloads or installations. It is user-friendly and has many useful features including one-click trading, multiple analysis options, and customizable workspace. Continue reading Exnees review..

Extra Features

Exness offers unique profession platforms. However, it additionally offers various other tools to enhance the trading experience of the clients. This includes free VPS hosting for traders who have a consistent balance of over %500 USD or equivalent.  There are also efficient analytics and monitoring statistics that give the investor a detailed view of their performance as well as their open positions.

Final Thoughts

Exness is one of the best platforms to trade and they have proved over time that why they are good. So, if you are looking for a reliable broker, then you can choose it.

AS ALWAYS PLEASE LEAVE YOUR FEEDBACK/EXPERIENCE TO HELP OUR VIEWERS..

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FXhour - Postmaster
Postmaster is managed by FXhour's internal news team. The team submits stories from quality news sources around the world, determined to provide viewer top quality content related to the Forex and Financial Market.

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Reliability
Withdrawals and Deposits
Security
Platform
Customer Service
Spreads
Slippage
Bonus