India's Best Forex broker Exness 2021 Review - Trade with exness at zero risk


 

Exness Review 2021 - SAFE OR SCAM?

Not only is Exness regulated and authorized by two of the strictest and most demanding authorities. Retail customers are signing up under FSA (Seychelles) a very reputable authority. Exness holds client funds in segregated accounts and provides clients with customer protection.

In addition to this is that Exness is a member of an investor compensation scheme, which pays out a certain amount to each client should the company become insolvent.

Its EEA registration along with it being regulated and authorized by FCA and CySEC makes Exness a reputable and reliable broker.

OPEN TRADING ACCOUNT WITH EXNESS AND GET $5000 CLICK BELLOW

 

EXNESS REVIEW OF PROS AND CONS

✔️130+ Currency Pairs with Multiple Trading Platforms
✔️ Client funds kept in segregated accounts
✔️ Dealing-Desk Broker
✔️ Regulated by both CySEC and FCA
✔️ Tight spreads
✔️ Regulated by both CySEC and FCA
✔️ Dealing-Desk Broker
✔️ Client funds kept in segregated accounts

exness account

LEVERAGE

Due to the high risks involved Exness does not accept Clients from the UK or EU. Exness offers maximum leverage levels of up to 1:2000 on all accounts which can be opened, and Exness also makes provision for a calculator that works out the maximum leverage and margin requirements according to the trader’s current level of account equity.



ACCOUNTS

Exness offers traders a choice between four accounts, namely a Standard, Raw Spread, Zero, and Pro Account.


Standard Account

The Standard account is one of the most popular choices and is tailored to meet the needs of all types of traders.


With the Standard account, traders can benefit from:

  • A minimum deposit of $1
  • Leverage up to 1:2000
  • Spreads from 0.3 pips
  • No trading commission
  • Minimum lot size of 0.01
  • Maximum lot size which ranges from
  • 7:00 – 20:50 GMT+0 at 200 lots
  • 21 – 6:59 GMT+0 at 20 lots
  • Unlimited number of positions
  • A hedging margin of 0% for Forex currency pairs along with metals, energies, and indices and 100% for Cryptocurrencies
  • A margin call of 60% and stop out of 0%, along with several others

Raw Spread Account

This type of account offers the lowest raw spreads with a relatively low fixed commission. In addition, it has several similar features as that of the Standard account, with notable differences such as:
  • A minimum deposit of $500
  • Commission per lot or side of up to $3.5
  • Spread form 0.0 pips
  • A margin call of 30%

The Zero Account

This account allows traders to obtain 0 spreads for 95% of the trading day on a total of 30 pairs. In addition, there are similar and standard account features as with the Standard Account, but it differs in the following ways:
  • A minimum deposit of $500
  • The commission per lot or side from $3.5
  • Spread from 0.0 pips
  • A margin call of 30%

Pro Account

The pro account is known as Exness’s instant execution account. With this account, traders have access to excellent fill with no commission charges/fees on trading.
As with the Standard Account, there are a set of basic features, and the Pro Account varies in the following ways:

  • A minimum deposit of $500
  • Spread from 0.1
  • A margin call of 30%
  • All accounts are eligible for Swap-free for Muslim countries.
Provision is also made for Demo Accounts where traders can test their trading strategies in a risk-free environment that mimics the functions of a live account and traders have access to virtual funds.


MARKET INSTRUMENTS

Exness offers traders the opportunity to trade in instruments like Forex, metals, Cryptocurrencies, energies, and Indices.


FEES

The fees that Exness charges are based on the type of account pertaining to commission fees.
Where both the Standard and Pro accounts do not have commissions that are charged on trading, the Raw account has commission fees up to $3.5 and the Zero Account from $3.5


Whereas the Standard Account has a minimum deposit of $1, the Raw Spread Account along with the Zero and Pro accounts have a minimum deposit of $500.


Exness also has a rollover or overnight fee which is applicable should positions be held longer than a day. Each instrument has its own fee, which is charged for these overnight positions, this may either be charged as a fee or provided as a refund.


Although Exness does not charge any fees when deposits or withdrawals are made, traders need to verify with their chosen payment provider before transfers are done as payment providers may waive fees that the trader will be held liable for.

exness forex broker


DEPOSIT AND WITHDRAWAL

Exness provides the following payment methods through which deposits and withdrawals can be processed:


✔️USDT or Tether
✔️Bitcoin
✔️Internet Banking
✔️Bank Card
✔️AstroPay Card
✔️Perfect Money
✔️Neteller
✔️WebMoney
✔️Skrill
✔️Internal Transfer

Trader should acknowledge that there is a minimum deposit which can be made through using these payment providers with a general $1 required from USDT/Tether, Internet Banking, AstroPay Card, WebMoney and Internal Transfer.


A minimum deposit of $2 is needed when using Perfect Money, $3 when using a Bank Card and $10 when using either Neteller or Skrill. Bitcoin, however, does not specify a minimum deposit amount.
Although most payment providers indicate deposit speeds which are instant USDT may take up to 72 hours and Bitcoin up to 4 hours.


As with the processing speed on deposits, withdrawals may also take some time to process and for it to reflect in the trader’s account.


Instant withdrawal speed – AstroPay Card, Perfect Money, Neteller, WebMoney, Skrill and Internal Transfer

✔️Up to 4 hours – Bitcoin
✔️Up to 72 hours – Both Internet Banking as well as USDT/Tether
✔️Between 3 – 5 working days – Bank Card
✔️Exness does not permit third-party payments due to strict regulations and as a safeguard against       money laundering.

TRADING PLATFORMS

Exness provides traders with a choice between MetaTrader 4, MetaTrader 5, WebTerminal as well as Exness Terminal. Exness Terminal is their own sophisticated and customized trading terminal, entirely developed and maintained by Exness developers.

MetaTrader 4

This is the most popular trading platform used in the trading community for various reasons such as:

  1. It allows for flexible trading with numerous trading strategies
  2. Provision for both instant and market execution orders
  3. Technical analysis can be performed through using a variety of tools such as 23 different analytical objects along with 30 built-in indicators
  4. Auto-trading is made possible through Expert Advisors


MetaTrader 5

Is the upgrade from MetaTrader 4 and provides traders with a variety of features in addition to what MetaTrader offers, including:

  • MetaEditor
  • MetaQuotes Language 5
  • Hedging System
  • Additional charts and timeframes
  • Provision made for fundamental analysis
  • 38 built-in indicators along with 22 analytical tools and 46 graphical objects

WebTerminal

WebTerminal as a trading platform provides traders with the following features:

There is no need to download or install software as it has an interface like the desktop version,Speed by being a HTML5 web app and added security through the encryption of data, Featuring of basic functions that traders need and use to trade effectively

  • Trading operations of various types
  • Quotes provided in real-time
  • Price charts which are fully customizable
  • Basic analytical objects

Exness Terminal

Similar to WebTerminal in that it is a web version of a trading terminal. The main advantage is that it is both web browser and mobile browser friendly.  Exness Terminal is  entirely developed by the Exness developers. This means that Exness have the ability to continuously improve it in order to give their  customers a better user experience. Exness also have their own tailored made mobile apps developed by their in-house developers.

 

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