Well, apparently you're looking for the best online broker in the world, right? There are many brokers with very low minimum deposit or even no minimum deposit. Most of them offer access to instruments, such as stocks, cryptocurrencies, forex and even more. Some brokers even offer a free welcome bonus. You can start investing without having to deposit any of your own money. This is also a great opportunity to test the broker's trading platform. But as an investor, you want to be sure you are dealing with a broker that is safe, that is, one that is regulated. One of these regulated brokers is Exness which has a license to provide financial services in the European Union.
For example, brokers regulated in the European Union are required to protect all clients against negative balances and keep their money in segregated accounts. They must also regularly report open and closed trades to the relevant financial regulators. But most importantly, clients are protected by a compensation fund - so even if a licensed company goes bankrupt, its clients can claim compensation - usually up to €20,000 per person. So if you want to start investing, we recommend that you open an account with a legitimate broker.
Exness Trading Company has been working in the Forex market since 2008. The broker's activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings.
The company's monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrencies, stocks, more than 120 currency pairs, energies and metals. Exness's service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders' needs.
Advantages of trading with EXNESS Group:
Free VPS hosting;
Instant withdrawal of money 24/7;
segregated accounts;
Narrow spreads;
Multiple trading platforms: MT4, MT5, MultiTerminal, mobile platforms.
Exness Reliability & Security
Exness has several account-security tools that help protect against hacking. These tools include security types and a support pin. Security types are secondary account verification, such as a six-digit code to confirm and action. This code is sent to your chosen method (phone, email, or, depending on your country, TOPN). A support PIN is a unique combination that Exness uses to verify account owners when they contact customer support.
Generally, this broker appears to be well-reviewed, though it was deemed "Average" on TrustPilot. They have received average-to-favorable ratings from websites like:
TrustPilot: 2.8/5
Forex-Ratings: 3/5
55Brokers: 5/5
FXEmpire: 4.4/5
SAShares: 4.7/5
TopBrokers: 3.9/5
ForexBrokers.co: 9.1/10
WikiFX: 9/10
Top Exness Features
Instant Withdrawals. One feature that Exness is proud of is its instant withdrawals. According to this broker, you can carry out a withdrawal in just seconds. No manual processing is necessary, and withdrawals are instant even on the weekends.
Free VPS Hosting. If you want fast, reliable execution, Exness has free VPS hosting. The uninterrupted internet coverage will safeguard against issues that could interrupt your trading.
Comprehensive Price History. Exness allows clients to access a historical archive of all price tick data. The broker draws this archive from its real-time pricing. Just go to https://www.exness.com/tick-history/, select an instrument and time period, and click to download a zip file with past bid/ask prices.
High Trade Volume. Exness has a brag-worthy trade volume. As of April of 2022, it boasted $2.105 trillion in total trading volume. There were 281,270 active clients as of April of 2022, and these clients made a total of $870 million withdrawals in the first quarter of 2022.
Transparent Brokers. Exness is a transparent broker. In addition to being regulated by several different organizations, it also makes its reports publicly available so that clients can view their audits and performance indicators.
Exness User Experience
Exness has won a lot of accolades, and this speaks to its customer experience. It was the first broker to exceed $1 and $2 trillion benchmarks in monthly trade volume, and it has been given several awards, including:
“Best Customer Support” – Financial Markets Expo, Cairo, 2021
“Premium Loyalty Program Award” - Financial Markets Expo, Cairo, 2021
“Most Innovative Broker” – Dubai Expo, 2021
“Most People-Centric Broker” – Traders' Summit, 2021
“Global Broker of the Year” – Traders' Summit, 2021
There are several trading platforms with Exness, allowing you access to the broker via mobile phone, web, and download. It is always a positive sign when a broker has a variety of platforms, as these allow you to trade from a desktop at home as well as on-the-go.
Exness provides a range of assets to its traders in the categories of Forex, Metals, Cryptocurrencies, Energies, Indices, and Stocks. Here are some details about each asset class and what it includes:
Forex: 97 Pairs
Metals: Silver, Palladium, Platinum, and Gold
Cryptocurrencies: 35 Cryptos with Up to 1:400 Leverage, 24/7 Trading
Energies: Crude Oil, Brent Crude Oil, and Natural Gas
Indices: Down Jones Industrial Average, FTSE 100, S&P 500, etc.
Stocks: Google, Tesla, AliBaba, Amazon, Intel, etc.
Final Thoughts on Exness
Exness' accolades speak for themselves. This broker has done well at awards shows, and it's easy to see why. They have competitive spreads, low fees, and low costs of trading that will allow you to minimize the impact to your wallet while potentially maximizing profits.
