Exness Forex Broker Review
The Financial Services Authority (FSA) of the Seychelles has regulated Exness. They offer four different types of accounts, including a demo account and no inactivity fees. Exness spreads vary depending on the type of account you have, ranging from 0 pips to 0.1 to 1.3 pips for Mini accounts. ECN accountholders have the lowest spreads, but they must pay a commission proportional to their trade volume. Exness allows margin trading and flexible leverage, though there are some ESMA restrictions.
Exness is regulated by the Financial Services Authority (FSA) of Seychelles
The Seychelles' FSA regulates https://exness-ex.com/ retail division. The firm also has a business-to-business division, which is regulated by the UK Financial Conduct Authority. Clients can open a Standard Account, which requires a one-time deposit of one dollar, or a Zero Spread or Raw Spread account, requiring a two-week minimum deposit.
It offers 4 trading accounts
Exness has several account types. These include a Standard Account, a Cent Account, and a Professional Account. Each offers unique trading conditions and features. The Standard account is recommended for beginners, as it is the easiest to use. The Standard Cent Account combines market orders and pending orders. The Standard Cent account does not offer demo accounts or the ability to close positions. The Professional account is for experienced traders who want to trade more in the forex market.
It offers a demo account
If you are new to forex trading, it can be intimidating to learn the ropes. Often, new traders rush into the market without a clear strategy or plan, and then decide to stop trading altogether. With Exness, new traders don't have to worry about such problems. A demo account is a risk-free way to try out trading before committing to a real account. To sign up for a demo account, simply login to your Personal Area, tab over to My Accounts, and select 'Try Demo' under the account type you'd like to use. A demo account will appear, where you'll be able to choose the trading platform and currency, and create a password.
It charges no inactivity fees
Among the benefits of using Exness is that it offers very low spreads on ECN accounts and has no inactivity fees or funding costs. Exness also offers a wide range of accounts with different features. For example, the Standard Cent Account has 0.3 pips spreads and no commission on trading volume, while the Standard ECN account offers a raw spread plus a commission per trade. For more information, visit Exness's website.
It offers no transaction fees or commissions
Exness offers a wide variety of trading accounts. Standard accounts are available with a minimum deposit of $1 and a maximum leverage of 1:2000. Professional accounts feature lower minimum deposits and can range from US$1 to $1500. Islamic accounts are also available. You can open a trading account in minutes, and it is easy to withdraw funds without any fees. You can also contact customer support via phone, email, and live chat.
Find out what would make you a perfect team member… MORE
Sign up below for our email newsletter and receive info on upcoming activities, classes, deals and special culinary events.
7920 Santa Fe Drive
Overland Park, KS 66204
(across from Clock Tower in Historic Downtown Overland Park)
phone: 913-341-4455
fax: 913-341-5070
Monday – Friday | 10am – 6pm
Saturday | 9am – 6pm
Sundays | 10am – 2pm
Open later when there are events or classes…which is most nights! Please call.
Monday – Friday | 9am – 5pm
Available anytime by appointment