|Broker Name||EXNESS (CY) Ltd.|
|Headquartered In||51035, CY-3500, Limassol, Cyprus|
|US Clinets Accepted||No|
|Broker Status||Independent Broker|
|Broker Type||Market Maker|
|Telephone Number||+7 812 4548 812|
|Fax Number||+7 812 4548 812|
|International Office||United Kingdom, Cyprus, China, Malaysia|
|Web Site Language||Multiple Languages|
|Free Demo Account||Yes|
|Min. Deposit||$ 1|
|Account Currency||USD, EUR, GBP, AUD, CHF, CAD, CNY, NZD, RUB, TRY, IDR, INR, AED, SAR, JPY|
|Minimul Order Vol.||0.01|
|Interest on Margin||Yes|
|OS Compatibility||Windows, Mac, Linux, Mobile, Web|
|Streaming News Feed||No|
|Customer Service Hours||24 hours|
|Place Trades Over the Phone||Yes|
|No Deposit Bonus||Yes|
|Bonus for First Deposit||No|
|PAMM / MAM Account||mam|
|Depoist Option||Crdit/ Debit Cards Wire Transfer Neteller Skrill WebMoney Internal Transfer BitCoin|
|Withdrawal Option||Neteller Skrill WebMoney CASHU VISA/ Master Card Internal Transfer BitCoin|
|Trading Platform||MT4 MT5 MT4/5 Android MT4/5 IOS WebTrader|
|Precision Pricing||5 Digits|
|Type of Spread||Floating ECN|
|Trading Instruments||Forex CFDs Commodities Metals Oil Gold Indices CryptoCurrency|
|One Click Execution||Yes|
|Web Based Trading||Yes|
|Customer Support Lang||English, Arab, Bengal, Vietnamese, Indonesian, Chinese, Malay, Persian, Russian, Thai, Hindi|
|Personal Account Manager||Yes|
|Email Response time||24 hours|
|Other Promotion||Yes ( )|
|Close trade over the phone||Yes|
Exness is an online Forex broker that was established in 2008 in St. Petersburg, Russia. Since then, this broker has grown from strength to strength. This is not surprising as the company is one of the rare breed of online Forex brokers that practices transparency in its business operation. In terms of market innovation, Exness can be still considered an old school broker as it has yet to adopt the social networking concept of Forex trading. Nevertheless, this broker is still highly rated by its clients solely because of the quality of its services as indicated by the $450 billion worth of business done so far in just 2012.
As for trading platforms, Exness provides its clients with the reliable MetaTrader based trading platforms. Traders can choose with between MetaTrader 4 or MetaTrader 5. Professional traders with multiple accounts to manage can opt for the MetaTrader 4 Multiterminal platform. For those who are constantly on the go they also have the option to use their mobiles devices to trade with the MetaTrader platforms for iPhone, iPad, Blackberry, Android devices and Windows Mobile Enabled Devices.
Although Exness doesn’t have as many types of trading platforms as some online Forex brokers, the company do take note of the types of clients that they have. This is evidenced by the four different types of trading accounts they provide for traders. The types of trading accounts are classified as:
(Minimum deposit is $1)
For those absolutely new to the Forex market and just wishes to get a feel of the trading environment.
(Minimum deposit of $10)
For Forex beginners as well but with improved trading conditions.
(Minimum deposit $5000)
For Professional Traders with full range of tools and trading facilities.
(Minimum deposit $1000)
For Professional traders who want a trading condition where there is no conflict of interest between them and their broker.
Exness clients can use any amount of leverage when trading on the forex market: from 1:2 to 1:2000. This provides the freedom to choose trading strategies to traders with very different deposit sizes.EXNESS leverage depends on the type of trading account and the volume of funds it contains. Margin requirements increase when the funds available in a client’s account increase. This is due to the increasing costs of hedging open orders. As a result, leverage is changing as well.
|EQUITY, USD||Maximum Forex Leverage||ECN|
|0 – 2999||1:2000||1:200|
|3000 – 9999||1:1000||1:200|
|10000 – 19999||1:600||1:200|
|20000 – 49999||1:400||1:200|
|50000 – 199 999||1:200||1:200|
|200000 or More||1:100||1:100|