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Family First-Overview of Minimum Deposit, Spreads & Leverage

Exness Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-11-12 18:18

Abstract:This Exness brand is owned and operated by a compant called Nymstar Limited, which is registered in Seychelles. Nymstar Limited does not fall under any regulatory agencies, and this Exness is definately a fake one. Please be aware of the risk.

  GENERAL INFORMATION

  This Exness brand is owned and operated by a compant called Nymstar Limited, which is registered in Seychelles. Nymstar Limited does not fall under any regulatory agencies, and this Exness is definately a fake one. Please be aware of the risk.

  PRODUCTS

  Exness offers clients both spot and CFD trading across 120+ instruments in the markets listed below.

  Forex – 100+ currency pairs including majors, minors, and exotic

  Commodities – Including metals such as XAU/USD, energies, and agriculture

  TRADING PLATFORM

  Exness supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading terminals. Both platforms are industry-recognised and available for free download for PC and desktop devices, or via all major web browsers including on Windows XP, Windows 10+, and Mac.

  FEES & COMMISSION

  Exness spreads are generally tight and are variable based on the account type chosen. Spreads start from 0.3 pips on the Standard Cent Accounts and from 0.1 pips on the Standard Account, with no commissions on all trading volumes.

  The Pro ECN Account features a raw spread with a variable commission structure per trade.

  The Exness Zero (0) Spread Account offers no spreads throughout 95% of the trading day across 30 currency pairs. However, our review found commission is applicable, with charges from $3.50 per lot/side.

  Popular metals, including gold, are offered in the form of a currency pair such as XAU/USD. A useful spread comparison table is available on the brokers website.

  LEVERAGE

  The leverage offered to Exness clients varies by account type, instrument, and trading entity due to regulatory requirements. Some regulators allow high margin rates, up to 1:2000, and leverage can even be unlimited in some jurisdictions, accommodating all trading strategies.

  DEPOSITS

  Minimum deposits vary by account type and by payment method. Exness traders can open a Standard Account with just $1, which is very competitive vs OctaFX at $25 and IC Markets requiring a $200 minimum. Exness does not charge a fee for any payment method, however, third-party charges may be applicable. You must verify your account before attempting to add funds.

  Funding your account is simple, and can be completed by accessing your personal trading area. 50+ base currencies are available for live trading accounts including USD, AUD, ZAR, and KWD. Accepted account payment methods include:

  WebMoney – Instant Processing, minimum deposit $1

  Perfect Money – Instant funding, minimum deposit $50

  Bank Wire Transfer – Instant funding, minimum deposit $3

  Offline Bank Transfer – Instant funding, minimum deposit $10

  Debit/Credit Cards – Including Mastercard and Visa. Instant funding, minimum deposit $3

  E-Wallets – Including Neteller and Skill (1% fee). Instant processing, minimum deposit $10

  WITHDRAWALS

  Exness does not charge for withdrawals. Minimum and maximum limits vary by the chosen method, including a $6 minimum amount for debit/credit card withdrawals. Clients will be pleased that transactions back to your original payment method are instant. Typically, a 5-day wait, often with applicable fees, is offered by competitor brokers.

  TRADING HOURS

  Exness follows standard office hours, operating in the UK GMT time zone. Trading is available for 24 hours, Monday to Friday. Typically, forex pairs open for trading on Sunday at 21:00 and close on Friday at 22:00. Trading hours may vary depending on local public holiday dates. Keep an eye on the news section of the broker‘s website for a full calendar of previous and upcoming closures. Timings do vary by instrument; all details can be found on the broker’s website.

  CUSTOMER SUPPORT

  Exness offers 24/7 customer support, available in 18+ languages including English, Chinese and Thai:

  Email Address – support@exness.uk

  Helpline Telephone Number – 0800 014 8528

  Headquarters Address – 1, Saifi Street, Porto Bello Business Centre, Office 301, 3042, Limassol, Cyprus

  ACCOUNT CURENCIES

  USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, TRY, SEK, NOK, DKK, CH

  ACCOUNT TYPE

  Exness offesr different accounts to suit your needs. All account types provide access to their complete range of financial products and all trading platforms. Exness has three account namely:

  · Islamic Account

  · ECN Account

  · Demo Account

Related broker

Unverified
Exness
Company name:E​xness (SC) Ltd
Score
1.51
Website:https://www.exnessid.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.51

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