Exness Group Is A Multi-Asset Brokerageur Name

Here is a brief knowledge about Exness and services:

Exness (SC) LTD is a Securities Dealer registered in Seychelles with registration number 8423606-1 and authorised by the Financial Services Authority (FSA) with licence number SD025. The registered office of Exness (SC) LTD is at 9A, CT House, 2nd Floor, Providence, Mahe, Seychelles.

Exness B.V., a Securities Intermediary registered in Curaçao with registration number 148698(0) and authorised by the Central Bank of Curaçao and Sint Maarten (CBCS) with licence number 0003LSI. The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao.

Exness is a low-risk CFD and Forex broker with multiple regulations and authorization. Exness not only offers dynamic and flexible account types but offers some of the best trading conditions in the industry. Exness is proud to have physical offices in Nigeria. , Exness is very competitive in terms of its trading fees and spreads. Exness has local offices in Lagos, Nigeria. Exness is regulated by FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA. Exness has a trust score of 4.9 out of 5 and is considered as a trustworthy and safe broker.

David Morris email address & phone number | Exness CEO contact information - RocketReach.

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Discover instant withdrawals, 24/7 support, advanced trading platforms & more. Join now! 35+ Ways To Deposit. Low minimum deposit, spreads from zero pips, fast execution, firm pricing & more. Client support 24/7. Types: EUR/USD, USD/CAD, USD/JPY, GBP/USD.

Pro

Minimum Deposit

$10

Commission Per Trade

Decimal Pricing

Up to 5

Trading Instruments

Forex, Metals, Cryptocurrencies, Energies, Stocks, Indices.

How do I make a withdrawal?

Log in to your Personal Area.
Click on the 'Withdrawal' tab.
Select the payment method you choose to use.

Minimum deposit

USD 10

Minimum withdrawal

Refunds: USD 0* Profit withdrawals: USD 10**

Maximum withdrawal

USD 10 000

Deposit and withdrawal processing fees

Free

Deposit processing time

Average: Instant*** Maximum: up to 30 minutes

Deposit and Withdrawal Options

Bitcoin

Debit Card

Credit Card

Internet Banking

Skrill

Neteller

Perfect Money

Tether (USDT OMNI)

WebMoney

Mybux

Ozow

Which account is best in Exness?

Standard accounts are recommended for all traders, as it is the simplest and most accessible account offered. Includes the Standard Account and Standard Cent Account. MT4 combines both pending and market orders open concurrently. This amount combines both pending and market orders open concurrently.

Is Exness good for beginners?

The default choice for most traders, this account is suitable for those just starting out or those who already have some trading experience. 📒 The default account – a go-to account that is the most popular account for new Exness traders. A great place to get started if you are looking for standard conditions.

Can we trust Exness?

Exness is a transparent broker. In addition to being regulated by several different organizations, it also makes its reports publicly-available so that clients can view its audits and performance indicators. You can access these reports at https://www.exness.com/financial-reports/.

Where was Exness founded?

Exness, the Cyprus-based multi-asset broker which creates a favorable market for traders with a unique combination of technology and ethics, has built a reputation as a world-class employer of choice.

How many clients does Exness have?

According to Exness' financial data, the multi-asset broker also increased the number of active clients by 58%, reaching almost 375,000. It is worth mentioning that Exness also published its data for the first quarter of 2023, reaching almost 450,000 active clients for the first time.

What type of trading is Exness?

The Exness Group is a multi-asset brokerage; a brokerage being any organization or company that buys and sells financial assets. In this case, Exness deals with financial instruments such as CFD on Crypto, Forex, and metals among many other trading instruments.

Which platform does Exness use?

MetaTrader WebTerminal gives you access to every single instrument Exness offers. From MetaTrader's Market Watch, you can monitor real-time prices, spreads and more for every CFD available.

What Exness means?

Founded in 2008, Exness is a forex and CFD broker offering access to trading in currencies, cryptocurrencies, stocks, indices, and commodities. Exness offers its proprietary Trading Terminal platform and MetaTrader 4 and 5

How do I join Exness?

Here's how:

From your new Personal Area, click Open New Account in the 'My Accounts' area.- JOIN US HERE
Choose from the available trading account types, and whether you prefer a real or demo account.
The next screen presents the following settings:

What is forex?

Forex (or foreign exchange) refers broadly to the process of exchanging the currency of one country with another currency. The forex market is an industry offering products and services centering around this process.

As the value of currencies fluctuate, they can turn a profit (or loss) for forex market participants with brokers providing the services enabling this.

The forex market presents a wide range of instruments to trade on- such as metals, energies, indices, stocks, and cryptocurrencies. Exness offers Contract for Difference (CFDs) products that pay out the difference between the value of an instrument at the time of opening a position, and the value of the same at the time of closing a position - this is where profit and loss is derived from.

Terms you need to know

Here is an exhaustive list of terms complete with simple explanations and examples, to help you get a good understanding of how trading works.

Currency pair, Cross pairs, Base currency, and Quote currency

Currency pair

Two currencies of different countries combined to trade in the foreign exchange (forex) market.

Example: EURUSD, NZDCAD

Cross pair

A currency pair that does not contain USD.

Example: EURGBP, NZDCHF

Base currency

The first currency of a currency pair is called the base currency.

Example: EUR is the base currency for the currency pair EURUSD.

Quote currency

The second currency of a currency pair is called the quote currency.

Example: USD is the quote currency for the currency pair EURUSD.

Bid price and Ask price

Bid price

The price at which a broker is willing to buy the base currency in a currency pair. It is also the price at which clients sell the base currency of a currency pair.

Ask price

The price at which a broker is willing to sell the base currency of a currency pair to the client. It is also the price at which clients buy the base currency of a currency pair.

Note:

Buy orders open at Ask price and close at Bid price.

Sell orders open at Bid price and close at Ask price.

Spread: Spread is the difference between the Bid and Ask prices of a particular trading instrument. The value of spread is set in points. Both types of spread, namely dynamic and stable spread, are offered across various Exness’ account types.

You can read more about this here.

Lot and Contract size

Lot: A lot is the standard unit size of a transaction. Typically, one standard lot is equal to 100,000 units of the base currency.

Contract size

This is a fixed value, which denotes the amount of base currency in 1 lot.

For most instruments in forex, it is fixed at 100,000.

Pip, Point, Pip size, and Pip value

Pip

This is the value of price change (4th decimal for most forex instruments)

For example, the price change from 1.35422 to 1.35432 is 1 pip.

Point

This is the minimum value of price change (5th decimal for most forex instruments.

For example, the price change from 1.35432 to 1.35433 is 1 point.

1 pip = 10 points

Pip size

This denotes the position of the pip in a price. For most instruments, it is 0.0001 because the pip is the 4th decimal place.

Pip value

Pip value helps us determine the value of 1 pip. By doing so, we can calculate how much profit or loss a client will make if the price changes by one pip.

Pip value = Pip size × Contract size × Lots

Leverage and Margin

Leverage

This is the ratio of equity to loan capital. Exness offers up to 1:Unlimited leverage on some trading instruments on all accounts.

Margin

This is the amount of funds in account currency, withheld by a broker, for keeping an order open.

Note: The higher the leverage, the less the margin.

You may read more about the relationship between leverage and margin here.

Balance, Equity, and Free margin

Balance

The total financial result of all completed transactions and depositing/withdrawal operations on an account. It is either the amount of funds you have before you open any orders or after you close all open orders.

The balance of an account does not change when trades are open.

Equity

Equity = Balance +/- Profit/Loss

Free margin

Free margin = Equity - Margin

This is the amount of funds remaining in your account after the margin has been placed on hold.

Profit and Loss

Profit or loss is calculated as the difference between the closing and opening prices of an order.

Profit/Loss = Difference between closing and opening prices x Pip value

Note:

Buy orders make a profit when the price increases while Sell orders make a profit when the price decreases.
Buy orders make a loss when the price decreases while Sell orders make a loss when the price increases.

Margin Level, Margin Call and Stop Out

Margin Level

Ratio of Equity to Margin, denoted as a percentage.

Margin Level = (Equity / Margin) x 100%

Margin Call

This is a notification sent in the trading terminal, signalling the need to deposit or close a few positions to avoid Stop Out. This notification is sent once Margin Level hits the Margin Call level set for that particular account by the broker.

Stop Out

Stop Out is the automatic closure of positions when the Margin Level hits the Stop Out level set for the account by the broker.

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This website is for informational purposes only and is not intended to be personal financial advice, and a statement reminding others that there's an inherent risk involved with financial decisions and the website owner will not be held liable for any loss. Trading is risky

Please do your own research.