Exness - is it worth it to work?
The Exness broker has been operating since 2008 under licensed from the regulatory authorities of Germany, the Netherlands, Sweden and Italy. Its headquarters are located in Saint Vincent and the Grenadines. In addition to it, there are British and Cypriot units. The first is regulated by the local FCA, the second by CySEC.In the "Contact" section of the exness.com website, technical support numbers are listed in different languages. As well as email and other contact information. But judging by the reviews of the Russian-speaking caliper, you won’t get help from him.
SMART GUIDE warns: Exness broker has no right to provide its services in Russia. Because it has not been registered with local regulators.
Asset range
Anyone who opens a "Personal Account" on exness.com will be able to trade more than 80 currency pairs. And if he chooses Mini or Classic accounts, then also futures.Leverage
Cent, Mini and Classic accounts have very wide leverage — from 1 to infinity. It can be used if the account has less than $1000. But there are two more conditions:- the minimum number of transactions is 5 lots;
- the minimum number of open positions is 10.
SMART GUIDE reminds: wide leverage is the main feature of the “kitchen”. But Exness broker does not hide it. Unlike his peers, he does not claim that client trades go to liquidity providers.
Account types
The number of options available depends on the chosen platform. Those who open a "My Account" on exness.com and place a bet on MetaTrader 4 will be able to choose one of the 4 accounts.
Execution of orders everywhere market
The maximum leverage in Cent, Mini and Classic accounts reaches 1:∞. In ECN, it is equal to 1 to 200. There is also a commission for trading volume. For every million dollars of turnover, you need to pay $25.How many accounts are offered to those who choose the MetaTrader 5 program
Leverage reaches 1 to 2000.
Liquidity providers
Broker "Exness" does without them. This becomes obvious once you learn about the leverage and the minimum deposit.The same opinion is shared by traders who have worked at exness.com and left their feedback. In their opinion, at best, this office is a dealing center with a sufficient number of clients to generate broad liquidity. And at worst, the kitchen. Then Exness makes money by playing against its clients, manipulating quotes and knocking down stops. Dozens of negative reviews speak in favor of the second version.
Directly in the description of the accounts, Exness Limited states that access to the interbank market depends only on its decision. Such honesty is commendable. Only the desire to open the "Personal Account" immediately disappears.
Refill
If you go to the official website exness.com, you can see that the broker offers more than 35 ways to deposit funds. In reality, there are fewer of them. Because the amount depends on the location of the trader. Most players have:- Visa, Mastercard cards;
- bank transfers;
- Tether, Bitcoin
- Yandex.Money, WebMoney, PM, Neteller, Skrill.
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