Exness India
Exness is one of the Forex brokers that have been offering their services in India for over 10 years. It appeared in 2008 and attracted many clients with its flexible terms. Let's talk about them in more detail. Should I trust this company with my deposit and is it reliable?
About broker
The company was founded in 2008. Its activities are regulated by several financial commissions - the Seychelles FSA, the Cypriot CySEC and the British FCA.
Several terminals are used for trading - MetaTrader 4 and 5, as well as mobile platforms.
The broker's services are used by residents of many countries, including India, Pakistan, Japan, Brazil, Thailand and Russia. Despite the popularity among Indian traders, the support service answers only in English. It also hosts training courses.
Trading conditions
The strength of Exness is its low entry threshold: the minimum deposit is only $10 for standard accounts and $200 for certain account types. These are Pro, Raw Spread and Zero accounts.
The approach to leverage is original: if a client has less than $999 in his account, he is provided with infinite leverage. For owners of deposits over $1000 leverage is available from 1:100 to 1:2000.
The widest spread is on the Standard Plus tariff: it starts from 1 pip. On other types of accounts, spreads start from 0.1 - 0.3 pips, and on Zero and Raw Spread - from 0 pips.
A wide range of financial instruments is offered. This is not only a standard set of currency pairs, but also assets of the stock and commodity markets, as well as cryptocurrencies.
Advisor trading is supported: in this case, VPS hosting is provided at your disposal, for the use of which you do not have to pay.
Do you trust Exness
The company's clients claim that the funds earned here are withdrawn instantly. This means that, firstly, they are at least withdrawn, and secondly, this can be done without waiting several days or even weeks, as is usual in dealing centers.
This broker has been withdrawing money for several years already, so traders can have guarantees that their funds will not be lost.
Trading conditions are respected, and the information that the broker indicates on the home page is correct. The only thing is that if you do not have much experience in trading, you need to be more careful with unlimited leverage, otherwise all the funds that you earn at first can be lost just as easily.
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