Exness is an international broker which since 2008 has been providing services on trading 120+ instruments on financial markets. The minimum deposit is only 1 dollar. The main platforms are MT4 and MT5, access to them is provided through desktop, mobile and browser terminals developed by the broker. Let's consider the broker Exness.
Legality and reliability of Exness
The headquarters are in Cyprus. The operator is Nymstar Limited authorized by SFSA (Seychelles) registration no. SD 025.
The Group consists of two companies with respective licenses:
Exness (Cy) Ltd - authorized by CySEC (Cyprus) registration no. 178/12
Exness (UK) Ltd - authorized by FCA (UK) registration no. 730729
A licence issued by the UK Commission means that the company meets strict criteria:
organizes reliable protection of clients, their finances and personal data
is regularly audited by global auditors
provides a comfortable environment for trading
The comfort is seen at least in the fact that Exness offers virtual private servers for round-the-clock stable operation. All clients receive tight spreads, and all commissions are honestly specified in the characteristics of accounts. And at least three accounts have no commission: Standard, Standard Cent and Pro.
Clients receive 24-hour support in English and Chinese. For native speakers of another 13 languages, support is available all day long. The site is localized in 15 languages. There is no Inhouse analytics, but financial news of Dow Jones, Trader Central, Web TV is offered.
Trading platforms and Exness terminals
The Exness broker provides access to the MT4 and MT5 platforms through convenient terminals on computers, mobile devices and a browser. A trader can work with financial markets as he or she likes.
The company offers several types of accounts:
Mini, Standard, Standard Cent and ECN accounts.
Pro accounts, Zero, Raw Spread.
Standard accounts are best for beginners. They have no fees, and the minimum deposit is $1. You can trade in lots of 0.01 units. Professional accounts require a minimum deposit of $200, spreads range from $0.0 and commissions range from $0 - $3.5.
All Exness Singapore accounts for beginners and professionals allow you to trade 120+ financial market instruments:
100+ currency pairs - forex market is the main direction of Exness.
8 types of contracts for metals
7 pairs of cryptocurrencies
Shares of 50+ companies worldwide
Indices of large trading regions
Oil - Crude Oil and Crude Oil Brent
Margin requirements depend on the selected tools. In some cases, they change under the influence of market news, and in some, they remain fixed.
In most cases, Exness guarantees that there are no price gaps. Spread is floating. The specifications on the website specify average values, which are updated every trading day. During most of the time (95%) spreads remain 0.0 pips for the top 30 instruments.
Exness Asia is a reliable broker with a long history and a good choice of instruments!