Exness broker allows traders around the world to trade on the forex market remotely with attractive benefits. What sets Exness apart from all of its competitors is that it works towards the benefits of its traders. As a result, Exness single-handedly is the best forex broker right now, with skyrocketing revenues and transparency.
Exness believes in complete transparency and providing the best security measures for all of its clients. Therefore, the broker displays all transaction information and relevant details on its website. The key idea which exness believes in is that transparency is the key towards trust in a community.
Exness has rigidly tried to build its security measures to obtain the top of line certifications. Right now, exness is certified by CySEC and FCA, which are the best security measures anyone can get. This is to assure their clients that they are in good hands. In addition, exness minimum deposit for accounts is near to zero to further facilitate its clients.
Besides security, exness has also partnered with Deloitte, which is recognized as the best accounting company globally. This further reassures exness’s clients regarding the level of transparency exness believes in.
Exness offers different types of accounts for different types of traders. The trading community is very diverse, and exness recognizes that. Therefore, it tries to facilitate them by providing different accounts to choose from.
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Different accounts
No matter what type of trader you are, Exness has an account for you. Currently, exness has four different types of accounts to choose from. The exness Cent account is for beginners. Exness Standard account is for intermediate traders, and the Pro account is for professionals. Finally, the Zero account is for trading experts.
Cent
The cent account is specifically for beginners. Unlike other brokers, which offer demo accounts for beginners, exness believes otherwise. Exness thinks that exposing beginners to real-life trading demographics is far more beneficial for their growth. The pressures of the market can help develop traders better than simulations.
The cent account does not have minimum deposit limitations, although it has a maximum deposit limit of 2000 dollars. However, since many new traders start trading with huge sums of money, when they lose, they are discouraged. Therefore, it is always wise to start trading with small trades and gradually increase. This allows traders to develop significant knowledge about the market and its trends.
Standard
The standard account is for traders who occasionally take part in trading. This gives them good spreads and pips when trading. The standard account also allows trading with higher risk factors when to compare to the cent account. Similarly, the account has no minimum deposit restrictions.
Pro
The Exness Pro account is for full-time traders who indulge in high-risk trading. This account allows traders to trade with high-risk currencies with minimum spreads. The account does not charge any commission fees. However, the account has a minimum deposit of 2000 dollars in order to open the account.
While there are no hidden charges, exness does charge a standard trade fee after every execution. In addition, the account allows traders to instantly withdraw or deposit via their local banks. Apart from that, Exness also provides premium customer services to its traders. The staff are multilingual and operate 24/7.
Zero
The Zero- account is especially for expert traders who trade with currencies with high volatility. The account is true to its name, with zero charges or hidden fees. This enables traders to maximize their profits and take full advantage.
Expert traders also trade with ECN, which has extremely high volatility and risk factors. Expert traders can only trade ECN as it is a complex commodity. Though as high is the risk factor of ECN, so are the profits.
The Zero account traders are not required to pay any fees or commission charging; this makes the trade highly profitable.
Strategies
The different accounts for traders enable traders to devise different strategies. With fluctuating values and risk factors, traders need analytic strategies to maximise profit execution. There are two different types of trading strategies.
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