It is the best platform for the forex trading

In today's world of technology, every individual is concerned about their money. Most of the individuals have opted to put their savings in the financial market. Due to this awareness, we have seen a massive growth in new financial market users. Besides trading in the country's stock exchange, people are willing to participate in forex trading. But finding a trusted and affordable forex broker is not easy. We have discovered one of the top forex brokers in India “Exness”, and mentioned all the important information of Exness trading platform on ClipsTrust. Some users pronounce it as xness.

Exness is a widely popular forex trading platform that provides the facility of trading in financial markets including, making it one of the best finance companies in India, forex (foreign exchange) trading, stocks, indices, commodities, currencies and cryptocurrency. It was founded in 2008 by Petr Valov and Igor Lychagov in Cyprus, Europe. The company gained the trust of millions of users worldwide in forex trading through their easy-to-use platform and quick customer support services. They were aimed to provide a trading platform to retail traders for trading in 2 pair currency and multiple financial market segments.

From 2014 onward the company started to work under the regulation of Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. This increased transparency and faith of their clients.

Since 2008, the starting days of the company, they have always improved them and now has become one of the best forex online brokers in the world in terms of volume traded. They are the largest online forex broker with millions of currently active users.

1. Multiple Financial instruments: Exness provides the facility to trade in Forex, commodities, indices, stocks & ETF and cryptocurrency.

2. Various Trading Platform: Exness has a variety of platforms available for their clients.

3. Different types of accounts: It provides various kinds of accounts with different facilities available.

4. Advance Trading tools: Exness provides different kinds of tools that help in market research.

5. Best Customer support: Exness trading platform provides 24*7 customer support to their clients for queries like login problems, withdrawal details etc.

Exness has developed 4 types of trading platforms to serve their clients:

If you have opted for two step authentications then it will ask for a code sent to your registered phone number. Enter the code and tap the submit button.

Now you can access your Exness trading account.

There are many platforms available in the market for Forex trading but trading Exness has always been the first choice of every user.  Optimize your website with informative blog posts, articles and videos highlighting with the help of digital marketing companies provide benefits to rank higher in search engine results. Benefits of using the Exness platform are:

1. User friendly Platform: Exness provides the best user-friendly interface to make the research and trading easy for their customers.

2. Multiple financial instruments: They provide a common platform to trade in the different segments of the financial market that includes Forex, Stocks, Commodities, Indices, and Cryptocurrency.

3. Safe and Trustworthy: Exness is regulated through Cyprus Securities and Exchange Commission And Financial Conduct Authority (FCA) in the UK. It increases the trust of the clients on Exness.

4. Fast and easy Deposit and withdrawal: Exness provides the facility to add and withdraw money from multiple methods and ways like direct bank transfer, credit and debit card, E-wallet and cryptocurrency deposit/withdrawal.

5. Training and Guidance: They arrange special webinars to provide important information about the market and research to their users. They also help their users in using the available tools for the market research.

6. Free analytical tools: Exness has provided multiple analytical tools to their users at free of cost and also arrange training classes on how to use them.

7. World Wide Presence: Exness broker is available globally in almost all parts of the world. It has become easy for the users to use the exness service from anywhere in the world.

Beside the multiple use and benefits of Exness broker, it still lacks some factors and parameters.

Although Exness offers many instruments to their clients,it is still limited in certain areas. There are many regions where its clients are not able to trade in stocks & ETFs.

The high leverage facility provided by Exness is an advantage to the users but sometimes it becomes the reason for excessive losses. High leverage allows you to buy any security at discounted price but any fall in the price of that security leads to multiple times loss.

Exness charges some fees on the withdrawal of the funds through certain methods like e- wallet and direct bank transfer. These charges reduce the clients’ interest in using Exness.

Due to its main focus on forex, it has not well-developed interface and tools for other kinds of trading like stock and commodity. This makes it limited to the users who are interested in forex trading.

Whether it provides 24*7 support to their users, yet many of the users have faced the issue of their delay in response time. They have an experienced team at the support center who are not able to solve the customers queries.

It offers many free tools to their customers but many important research tools are not available at Exness. Even the tools available in Exness platform require special training sessions.

Exness has a well-developed platform to help both retail and professional traders. It offers multiple segment trading facilities to their users. Some of its services are:

Exness is widely famous for its forex trading terminal. It offers more than 100 currency pairs to trade for its users. It offers cost effective trading in currency pairs with minimum pips starting from 0.0 pips.

Exness provides the facility to trade in the stocks of the major companies in several countries. It is still developing its interface for stock trading to serve their user the best trading experience.

Exness provides the platform to trade in the cryptocurrency. It helps the user to speculate the volatility in their prices of these cryptocurrencies. Users can get the latest price and other important details of the top cryptocurrencies in the world like Bitcoin, Litecoin, Shiba Inu and many more.

Indices help a user to check the market’s overall behaviour. Indices are the group of top companies of that sector. Exness provides the updated and correct price of indices like US30, Nasdaq100, UK100, DAX30 and ASX200.

Exness offers the facility to trade ETFs (Exchange Traded Funds). Trading in ETFs helps in diversifying the portfolio and it is the best segment to invest the money in the share market.

Besides providing the platform to trade and invest money Exness also schedules educational webinars with experts of the market. It helps the beginners to understand the complex market terms easily and use their money wisely.

Exness provides many free tools to their customers for market research and better market analysis. There are multiple technical analysis tools, Economic calendar and market news update tabs to help the users make better financial decisions. Some of these tools are:

Economic calendar is a tool which provides details of upcoming market events like release of reports, meetings, market data and many more.

Exness Provide analytical tools like Economic Calendar, Trading Central and FX Street. These tools boost the research and analysis speed of every individual. Trading central provides the charts of the companies and indices with indicators to make profitable strategies. FX Streets provides the latest and trending news of the market.

Exness has multiple prebuilt tools to manage and minimise risk.

This is the latest technical support provided to the users in web charts and meta4 and meta5, which automatically recognise the chart patterns and support resistance levels that help the user in better analysis.

This tool is used to know the charges and fees applicable on a certain amount of trade in a specific segment.

Exness provides the currency converter tool that helps in knowing the value of a currency with respect to others.

Exness provides various types of deposits and withdrawal that vary from account to account.

Minimum Deposit

The Exness minimum Deposit amount directly depends on the account type of the user:

Standard account: The Exness minimum deposit for the standard account holder is generally $10.

Professional account: $500 is the minimum deposit amount for the professional account holder in Exness.

Demo trading account: There is no deposit amount required in the demo trading account of the Exness.

Social trading account: To access the Exness social trading account you need to deposit amounts from $500 to $2000.

Method of deposit: Exness offers the facility to deposit money from different mode of payments.

Minimum Withdrawal amount: The minimum withdrawal amount varies in the range of $1 and $10 according to the method used for the withdrawal process.

Withdrawal method: Exness provide multiple kind of Withdrawal methods to their users including

Processing Time: The processing time for withdrawal of the money from an Exness account varies with the method used for withdrawal:

There are no fees applicable on Exness on deposit and withdrawal of funds Expect some charges on third party payments. Here are complete details of the fees and other charges on Exness trading platform:

Deposit Fees: Exness does not charge any fees on the deposit of the money into the account of Exness through any medium of the payment including bank transfer, debit and credit card payments, E- wallet and cryptocurrency. But there can be an outside charge on some kind of payments, that is not controlled by Exness and totally applicable to those third parties.

 Withdrawal Fees: Exness does not charge any kind of fees and charges on the withdrawal of funds from the Exness account. But like the deposit, some third party can charge fees on the withdrawal of the funds to their account, for example:

Bank Transfer - Bank may charge some kind of commission on the withdrawal

E- wallet - E payment provider may charge some fees on currency conversion.

Cryptocurrency - There are some kinds of fees applicable on the blockchain of some cryptocurrency.

Commissions on trading: The main source of income of the Exness is through the commissions on the trading from the users. The commission may vary for the different account as:

Pro account - no commission is being charged on pro accounts currently.

Zero account - $0.05 for each side per slot

Raw spread account - $3.5 for 1 slot on each side

Standard and standard cent account: no commission is charged

Overnight Holding Fees: The overnight fee is applied when a user holds his position for a night. This fee varies with swap rate. Swap rate is decided through the currencies used in the trade.

Currency Conversion fees: This fee is applicable when a user deposits or withdrawals funds different from its base currency provided at the time of registration.

Inactivity fee: If a user is found to be inactive for more than 6 months then his account will be charged by some amount generally $5 or $10.

Here, we have fully explained the top forex broker “Exness”. It has emerged as the most trusted and discovered forex platform across the world. From the information provided above, you will get more faith and trust on the Exness website. Exness has all that you want to be a pro trader. Explore all the Exness features from ClipsTrust.

Ans. No Exness is not illegal in India but it is not regulated by Indian financial authorities like RBI and SEBI. So there will be no legal support you can take from the indian authorities in any kind of financial losses.

Ans. The Exness requires the minimum deposit of $10 in its standard account and $ 500 for its pro accounts.

Ans. Yes, Exness is a trusted broker as it is regulated by Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA).

Ans. Yes Exness is a RBI approved broker for forex trading. It has to follow the guidelines of the RBI and other government authorities.

Ans. You have to deposit the minimum required amount to start trading on Exness.