Exness is a global broker that offers to trade on forex, stocks, indices, cryptos, and precious metals. It also provides a wide range of CFDs in these markets.
They offer several account types, including Standard Cent (designed for new traders), Standard, and Professional. These accounts can be denominated in 45 different base currencies.
Minimum deposit
Standard Cent accounts don’t require any minimum deposit, and you can start trading with as little as $1. This is a good option for beginners who don’t want to risk too much money.
Exness offers various account types designed to suit different trading styles. These include Standard and Professional accounts, each providing customized information about commissions, margin calls, and leverage.
These accounts can be used to trade forex, indices, CFDs on cryptos, and metals. They also offer a wide range of payment methods.
The minimum deposit at Exness is 1 USD for the Standard cent account, and it’s possible to fund your account with a credit card or e-wallet. Withdrawals can be made in ZAR through the local bank transfer system; no fees are associated with this process.
Leverage offered by Exness varies by account type, instrument, and trading entity, but it is generally high. Clients should know that this type of leverage can result in significant losses, so it’s best to use risk management strategies when using high-leverage accounts.
Minimum trade
Standard cent exness is the simplest trading account type available for new traders. This account type allows you to trade the smallest minimum volume possible, making it ideal for testing trading strategies and minimizing risk.
Despite being the most straightforward account, it offers plenty of features and options for trading on the MetaTrader platform. You can use it for a variety of tradable instruments, including forex, stocks, and commodities.
In addition, you can deposit and withdraw funds using bank transfers, credit/debit cards, e-wallets like Skrill and Neteller, and crypto-wallets like Bitcoin and Ethereum. All methods are instant on Exness’ side, and any delays are typically caused by the payment provider you select.
Exness has received several awards for its services and pleasant trading environment, making it a great choice for both beginners and experienced traders. The company also offers excellent customer support and a wealth of instructional materials. Its website is easy to navigate, and its accounts are regulated by the Cyprus Securities and Exchange Commission (CYSEC) and the Financial Conduct Authority (FCA).
Minimum leverage
Exness offers various trading instruments, including forex pairs, precious metals, energies, and indices. The broker also provides leverage up to 1:2000 on their suite of products, which is higher than most other brokers.
Leverage is an excellent tool for traders, especially beginners because it helps them trade with less money and amplify their profits and losses. However, it can also hurt them if they aren’t careful.
Standard Cent accounts are unique to Exness, as they measure trading volumes in cent lots rather than in lots (one lot = 100 000 units of the base currency). This ensures that traders can open short positions for practice or to test their trading strategies with lower risk.
To open a standard cent account, you must complete the registration form. Once you do, you can access your area to create an actual or demo trading account. You can set your leverage from here and choose which currency to use on your account.
Minimum time to trade
Standard cent exness accounts are designed for newer traders and are denominated in cents, meaning a much smaller trade volume than standard lots. This makes it ideal for testing your trading strategies and for a lower risk of losing money.
To open an account with Exness, you must complete a short registration form and create a unique password. Once you are verified, you can then deposit funds and begin trading.
You can deposit and withdraw funds instantly through the company’s web platform or a mobile app. Withdrawals are processed within seconds, and all transactions are completely secure.
Customer support is available in English 24 hours daily and over the weekend. It is also available through email, chat, and phone. In addition, a help centre offers detailed articles on a wide range of topics.
