Exness - How to Start Trading With a Broker?
Exness is one of India's leading forex brokers, providing an extensive range of trading instruments such as currencies, cryptocurrencies, indices and energies.
The company accepts a variety of payment methods, such as credit cards, electronic wallets and bank transfers. However, it's essential to check your country's regulations prior to depositing or withdrawing profits.
Online CFD trading
Exness is a global CFD broker with offices in the UK, Seychelles and Hong Kong. It offers various trading platforms like MetaTrader 4 and MetaTrader 5. Furthermore, Exness boasts an excellent education center to assist new traders.
Signing up for an Exness account is easy and only takes a few minutes to complete the registration process. All that's left for you to do is provide your personal information, then select an account type based on your experience level and needs. Furthermore, you can create a demo account as practice before opening a real one.
Once signed up, you'll receive a login and password for your Personal Area. Here, you can deposit and withdraw funds, manage trading accounts, view trade history and communicate with customer support via email or live chat.
Before you can begin trading with Exness, however, the broker must first verify your identity and residency. This includes filling out an Economic Profile and providing Proof of Identity and Residence documents. This step is essential in safeguarding their clients' funds and ensuring they are trading securely.
Verification usually takes 1-2 days, and your profile will be verified once all required documents have been submitted. Once verified, you'll receive an email indicating its status.
If you're uncertain of which documents to submit, consult their website or reach out to their customer support team. They'll be more than happy to guide you through the process and assist with fulfilling verification requirements.
Once your identity and residency have been verified, you can begin depositing and withdrawing funds into and from your account. You can do this using various payment methods such as bank transfers, credit/debit cards, e-wallets, and crypto-wallets.
Fund your Exness account using a prepaid card for added convenience and to avoid fees on deposits and withdrawals. Plus, you can deposit and withdraw using Exness' mobile app!
Exness offers a free demo account to test out their trading platform before investing any money. This is an ideal option for new traders as it allows you to practice your skills without risking any financial investments.
Trading on Exness’ powerful trading platform
Exness is an online forex and CFD broker offering a range of trading options. With its user-friendly platform and comprehensive research/education resources, Exness makes for an ideal choice for both beginning and experienced investors alike.
Exness allows you to open an account online in minutes, though they will require documents verifying your identity and residency. You may also be required to pay a small registration fee for this service.
Once registered, you can start trading using the company's trading platforms. They provide a comprehensive selection of instruments including Forex currency pairs, metals, cryptosurrencies, energies, indices and stocks for traders to choose from.
The company offers a free demo account that enables clients to test their strategies without risk in real market conditions. It's an excellent way for investors to become acquainted with the trading platform and practice risk management techniques before trading with actual funds.
Furthermore, Trading Central's mobile trading app is an ideal resource for traders on-the-go. It includes charting across seven timeframes (M1, M5, M15, M30, H1 and H4) as well as classic indicators like Moving averages and Bollinger Bands. Furthermore, Trading Central provides economic calendar updates, news updates and trade ideas through this app.
Exness takes your personal information seriously and uses a range of security tools to safeguard it. These include sending you six-digit codes via phone or email for verification, as well as supporting PINs that can be entered using either computer or smartphone devices.
Exness' powerful trading platform is accessible from any location - at home or while on the go. It comes as both a web-based version and app for Android, iOS, and Windows devices.
In addition to trading, Exness Academy provides additional training and guidance. Its vast library of resources includes YouTube video content, VPS hosting, profit/margin calculator, economic calendar, and more.
This platform is regulated by the FSCA, boasting ultra-low spreads and no hidden fees, plus no commissions when trading with a Pro account. This makes it an attractive alternative to IC Markets and OctaFX in terms of trading costs.
Always trade responsib
One of the most critical elements of trading is always acting responsibly. You should understand your risks and have a plan for each trade you make. Use stop losses and manage risks carefully when trading with leverage, as high-leverage can increase losses. Furthermore, ensure there's enough equity/cash in your account to cover margin calls if necessary, and refrain from buying large shares in new companies until you have some experience working with them.
When selecting a broker for your account, security should be top of mind. Exness offers various account verifications such as support PINs that protect against hacking and ensure only you have access to it. Plus, Exness provides multiple platforms so customers can trade from mobile phone or online; plus they offer 24/7 customer support in multiple languages including English, Thai and Chinese. Lastly, look out for brokers that don't charge annual fees.