Is Exness Trader Right For You?


https://newexness.com/trader-app/

The company behind Exness Trader is CySec regulated, and offers zero spreads on most instruments. There are two swap-free levels and MetaTrader 4 and 5 for mobile trading. This article will examine these features, as well as its fee structure. If you're unsure about whether Exness Trader is right for you, read on. Exness offers an extensive selection of trading instruments and a variety of deposit and withdrawal options.
Exness Trader is regulated by CySec

The CySec regulatory body oversees the financial industry in Cyprus, and https://newexness.com/trader-app/ is one of the many brokerage firms regulated by it. Traders can trade with Exness by depositing up to 2000 USD and using it for 30 days without verification. To deposit with cryptocurrency, traders must first complete a full profile. Verification usually takes less than 28 hours and involves filling out an Economic Profile, which is a simple questionnaire about your financial background and economic knowledge. Finally, a verification process requires you to submit your ID and proof of residency, and once approved, your account is available for trading.

Exness focuses on providing a high-quality customer experience for traders, and its customer support is available 24 hours a day, seven days a week. Its support team is available in English, Chinese, and eleven other languages, so it is possible to speak to an agent in any of these languages. Additionally, Exness offers a 24/7 live chat option for customers who prefer not to call live.
It offers zero spread on top 30 instruments

For traders based anywhere in the world, the Zero Spread on top 30 instruments offered by Exness Trader is a welcome addition. The company's customer support is available 24 hours a day, 7 days a week in English, Chinese, and 11 other languages. If you have any questions, you can always contact the company by email or request a callback. To start trading, all you need to do is deposit a minimum of $100 and you'll be off to the races!

There are several types of accounts available on Exness. Standard accounts are ideal for traders with a limited budget and are designed to meet the needs of new and experienced traders alike. They come with zero spread on top 30 instruments and are commission free. Traders can opt for a Standard Account or a Professional Account. Standard accounts require a minimum deposit of USD 1, and can come with low or zero spreads.
It has two swap-free levels

For traders residing outside Islamic jurisdictions, the exchange offers two swap-free levels. These are Standard Swap-Free and Extended Swap-Free. The Standard Swap-Free level offers swap-free trading on various tradable instruments, including stocks, indices, crypto, and minor forex pairs. The Extended Swap-Free level includes more than 20 trading instruments. Instruments not on the Standard list are subject to typical swaps.

Both Standard and Extended swap-free levels come with no trading charges for the most popular currencies. Standard and Extended swap-free levels have different overnight limits, but XAU/USD and EUR/USD are free from all charges. All other instruments, however, are subject to the Standard swap fee. Therefore, it's important to understand the swap-free level before choosing a broker. Aside from fees, traders should also examine the cost of conversions, non-trading fees, and withdrawal and inactivity fees.
It offers MetaTrader 4 and 5 for mobile

MetaTrader 4 and 5 are two of the leading trading platforms used by traders to buy and sell Forex. MetaTrader is an advanced software package that allows traders to conduct advanced trading actions, run trading bots, and analyze financial markets. You can also copy other investors' strategies using MetaTrader, and you can make use of its Broker Tick History to ensure that your orders are executed at true market prices. Using the mobile version of MetaTrader will make your job easier by allowing you to carry out transactions on the go, wherever you are.

The platform features both professional and standard accounts and offers access to a demo account. The demo account allows you to trade using virtual funds and simulates real trading with a live account. You can choose from a variety of trading instruments, and you can also open a demo account if you prefer. Exness offers several pricing plans depending on the type of account you choose. If you are new to forex trading, you can opt for a free trial account.