WHY YOU SHOULD OPEN EXNESS ACCOUNTS

By | 4 November, 2019

Although Exness was founded more than 10 years ago, it has grown quickly into one of the biggest forex brokers in the world today. The greatness of Exness forex broker is undeniable. Thousands of traders have chosen this broker and you should too. Today, we will show you how great Exness is and what type of Exness accounts should you open.

Why you should open Exness accounts

Exness is a very reliable forex broker with more than 10 years of experience in the forex market. Exness is regulated by CySEC and FCA, two of the most credited financial organizations in the world. Moreover, Exness is very transparent. They show that by uploading all their business records on their website so that people can check how they’re doing. The average trading volume of Exness in 2018 is more than 300 billion dollars each month. That means a great number of traders have come to Exness to do business. You can be absolutely safe when trading with this broker.

In addition, Exness has very low trading cost. All of their regular accounts are commission-free and have very low spreads, only around 0.8 pip for the major currency pairs. Slippages hardly ever happen at Exness.

But the best feature of Exness that we would like to stress on is its state-of-the-art deposit/withdrawal system. For most brokers, when you want to withdraw your profit, the process usually takes hours or even days to complete. However, at Exness, thanks to its fully automatic system, transactions only take seconds to process. The money will be in your account in just a blink of an eye. No other broker can do the same as Exness. If you want a reliable and cheap broker that does things quickly, choose Exness immediately.

Exness accounts

Exness Cent account

The Exness Cent account is truly the account for starters in forex trading. The minimum deposit for this account is only 1 dollar yet the leverage is up to 1:Unlimited. As I said before, this account is totally commission free. The minimum volume of position is only 0.01 lot and you can open up to 1000 positions. All your orders can be executed instantly with Cent account.

Exness Mini account

Just like Exness Cent account, Exness Mini account is also for beginners, but it has features that suit traders with more experience too. The minimum deposit required is also 1 dollar only. Leverage is up to 1:Unlimited. It also doesn’t any commission for trading. The minimum volume of position is also 0.01 lot but now you can only open as many as 100 positions. For one Personal Area, you can open as many accounts as you like, while Cent account only lets you open 10.

Exness Classic account

Now this is the account for experienced traders. Exness Classic account has more features that are suitable for experienced people. For example, the minimum deposit is 2000 USD, something a beginner cannot do. The leverage is still 1:Unlimited maximum and the account is also free of commission. The spreads of Classic account is definitely lower than that of Cent and Mini account. The minimum volume of position is ten times higher, which is 0.1 lot. Similar to Mini account, you can open unlimited accounts in your Personal Area.

Exness ECN account

ECN account is for the professionals and experts only. If you don’t have much experience in forex trading, never trade ECN accounts. Firstly, the minimum deposit of Exness ECN account is 300 dollars. Leverage is only 1:200 maximum. Moreover, for every million dollars you trade, you have to pay 50 dollars for commission. However, you can open up to 2000 positions at once.

That’s all you need to know about Exness broker and Exness accounts. Follow us to know more about how to open an account at Exness or the full Exness review.

Source information: top6forexbrokers.net/broker-reviews

 

 

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