Blog Forex Trading

Exness Review

1. WHAT IS EXNESS ?

The Exness Group is an international, award-winning retail forex broker founded by a group of like-minded finance and IT professionals in 2008. With a deep understanding of traders’ needs, the modern forex company provides accessible, stable, and reliable brokerage services through the use…
Regulation: CySEC (Exness (Cy) Ltd), FCA (Exness Europe Ltd)

Why should you choose EXNESS ?
EXNESS LT (NZ) has been recognized by awards from the famous financial publication World Finance Media for “Best Trade Executions”, “Best Order Management” and “Best Mini Broker.” By the middle of 2014 EXNESS clients’ monthly trading volume was more than $180 billion.
And since the website is available in 23 different languages including English, Chinese, Russian, Vietnamese, Farsi, Hindi, Urdu, Tamil, Thai, Bengali, Indonesian, and Malay, people from all over the world can participate in the fun.


2. EXNESS PLATFORM:

MetaTrader 4
MetaTrader 4 and the newer MetaTrader 5, with its enhanced terminal interface, increased performance and speed, are the trading platforms of choice at EXNESS as they work well with currency pairs, CFD’s, and futures.

MetaTrader 4 provides the most freedom to implement trading strategies and traders around the world have created a large number of expert advisors (EA) for this terminal. Clients who prefer algorithmic Forex trading can easily adapt their advisors and use them effectively by trading on EXNESS servers.

EXNESS offers MetaTrader 4 for traditional desktop computers as well as the most popular mobile platforms, Macs, and Linux.

EXNESS also offers the MT4 web platform. This platform, run by MetaQuotes, is a Web terminal that features all the basic functions needed by traders including real-time quotes, customizable price charts, various chart timeframes, and basic analytical objects. It is offered at the request of many of its clients who were interested in using a traditional desktop platform.

MetaTrader 5
MetaTrader 5 supports trading shares and options. Two new types of pending orders have been added- Buy Stop Limit and Sell Stop Limit and additional conditions when trading on the stock market are now available- Fill or Kill (FOK) and Immediate or Kill (IOK).

The MT5 terminal supports Level 2 quotes, which make it possible to analyze market depth and new programs automatically appear in MetaTrader 5.

For whatever reason, MT5 developers have taken away the ability to hedge Forex positions.

Mobile Platforms
Traders can perform most of the functions of the Metatrader 4 and Metatrader5 platforms from their mobile devices. Mobile Forex trading gives traders the ability to complete trades from anywhere. The important thing is to have an Internet connection. As the number of mobile platforms for various devices grows, more and more traders will opt for mobile Forex trading so this ability is important for the continued growth of this company.

3. DEPOSITS AND WITHDRAWALS:

Convenient and profitable: Over 35 ways to make a deposit without commission
Deposits and withdrawals:

  • Visa/Matercard.
  • Neteller/Skrill.
  • Perfectmoney/ Cashu.
  • Wire transfers/ Local Bank transfers (internet banking)
  • Bitcoin and more…

One of EXNESS’s main advantages is the automatic withdrawal of funds using a number of electronic payment systems, providing traders with around-the-clock control of their trading accounts’ funds.

Withdrawals are done instantly upon request and funds are returned using the same method employed for the deposit.

4. TYPES OF ACCOUNTS:

MetaTrader 4:

MetaTrader 5:

5. CUSTOMER SUPPORT:
Client support is available in 13 languages.

  • English, Chinese:
    GMT: 24/7
    Local time: 24/7
  • Russian:
    GMT: Mon – Fri, 05:00 – 21:00
    Local time: Mon – Fri, 08:00 – 00:00 MSK
  • Thai:
    GMT: Sun 23:00 — Fri 23:00
    Local time: Mon 06:00 — Sat 06:00 ICT
  • Malay and Indonesian:
    GMT: Sun 23:00 — Fri 23:00
    Local time: Mon 07:00 — Sat 07:00 MYT
  • Arabic:
    GMT: Sun 23:00 — Fri 23:00
    Local time: Mon 01:00 — Sat 01:00 EET
  • Farsi:
    GMT: Mon — Fri, 04:00 — 20:00
    Local time: Mon — Fri, 07:30 — 23:30 IRST
  • Hindi and Urdu:
    GMT: Sun 23:00 — Fri 23:00 (Sat/Sun 04:00 — 20:00)
    Local time: Mon 04:30 — Sat 04:30 IST  (Sat/Sun 09:30 — 01:30 (next day) IST)
  • Tamil:
    GMT: Sun 23:00 — Fri 23:00
    Local time: Mon 07:00 — Sat 07:00 MYT
  • Bengali:
    GMT:Mon — Fri, 04:00 — 20:00
    Local time: Mon — Fri, 10:00 — 02:00 (next day) BST
  • Vietnamese:
    GMT: Mon — Fri, 01:00 — 17:00
    Local time: Mon — Fri, 08:00 — 00:00 ICT
  • Spanish:
    GMT: Sun 23:00 — Fri 23:00
    Local time: Mon 00:00 — Sat 00:00 CET
  • Korean:
    GMT: Mon — Fri, 07:00 — 15:00
    Local time: Mon — Fri, 16:00 — 00:00 KST

Conclusion:
I found my broker review of EXNESS to be a pleasant experience and I actually had fun doing it. The information is clearly presented and navigation throughout the site runs smoothly. The broker’s popularity can be evidenced by the continuing number of clients reported each year.

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