Thousands of private traders have already downloaded and installed quality Exness software to access the broker’s trading tools. We did check out their Twitter account and it offers a healthy dose of trading updates on the market. Interestingly, clicking through from Twitter to the research allows access to the full reports. However, it is still limited to what’s posted on Twitter.
Further, all regulators like FCA, FSCA also have a public search on their website to check broker’s regulation & license number. Moreover, all the brokers that we have reviewed on our website are regulated with top regulators. Also, we have given links to their registration number in our reviews. Always choose a broker that is regulated with top tier regulators like FCSA, FCA or ASIC.
Exness doesn’t charge for funds to be deposited or withdrawn from a client account. As with all brokers, there is a chance that certain payment methods incur third-party fees. These don’t go to the broker, and as Exness offer a greater than average number of payment types, it should be possible to avoid these by choosing an alternative payment agent.
The platform that you choose needs to be trusted to deliver on its performance and reliability. Features need to work as advertised and downtime must not be a reality that you need to weather. Uses buy and stop orders and sell stop orders to profit on natural market movements. For every losing trade, you double the investment made in future trades in order to attempt to recover your losses, as soon as you make a successful trade.
If you are an intraday trader that opens/closes many positions daily, then it should be even more important for you to opt for a broker with the best trade execution speed. Another factor to consider is if the broker offers quick order execution speed. To save your time, we have already calculated & compared the fees of all the brokers for you in our comparison. Tracking the fees charged by a broker & then comparing it with other brokers is not easy, but we are here to help you with this. Regulation matters because it ensures the safety of your funds & protects you in case of any bad practice like fraud or manipulation by the broker.
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. For example, at the news release, or more precisely 15 before publication, spreads increase, and five minutes after the news release, the spreads decrease again. The same can be seen at the opening of trading platforms.
Before investing, please assess your competence to trade in the Forex markets and make sure you understand and appreciate all the risks, particularly in terms of leveraged trading. You know, before I started working with Exness, I tested the waters and traded with the other broker. Probably, no matter how silly it sounds, everyone needs to have such a bitter experience behind them to approach the issue of trade more seriously. Therefore, it was doubly pleasant to find such a company as Exness, and I value cooperation with it much more.
Once downloaded, users are welcomed by the landing screen, which gives them the option to sign up, log in, or contact customer support via live chat. The platforms are super-reliable and packed full of powerful software tools. The default settings for MT4 include 23 analytical objects and 30 technical indicators, which can be used to spot trading opportunities. Overall, we find the customer support of the broker of rather high quality. The main information of the website is available in 18 languages. The only drawback is that the support operates 24/7 only in English, Chinese and Thai.
You have to take leverage and margin seriously while trading on forex. If you manage your margin effectively, you can greatly minimize the risks of getting margin calls exness singapore that result in stop outs. Exness has fixed margin requirements that are in compliance with financial regulations.
For this, you should search for your broker’s name or their regulation number, on search on Regulator’s websites, as most of them have public search available. Below example is the image of what FSCA’s FAIS Financial Service provider search interface looks like. Any good broker will be compliant with major Regulators & will not have complaints against them. We found them to be knowledgeable & helpful in answering our questions.