EXNESS is a trading platform for CFDs and Forex. Its main office is situated in Cypruss. In addition, it has St. Vincent branch offices, one in Russia and another in Grenadines. The company (LTD) is regulated in Cyprus by CySEC where it is headquartered.
Clients are entitled to get bonuses for registering and also to get more bonuses for promoting the company itself. Bonuses are measured usually in percentage of a certain achievement. For example, for depositing money, a new trader can get as much as 35%.
Other bonuses can be obtained through different accounts. There is a bonus program called “profit ladder”. It works based on the trading volume.
In a bonus program called “Golden Ladder” the bonuses are connected to the gold price and the measure of clients’ trading volume. Simply said, the more a trader trades, larger the bonus becomes.
Holders of classic accounts can get a bonus for depositing and filling their account, but unlike the new traders, classic account holders get 10% of their bonus.
Another way to get bonuses is through contests.
There is contest each month for holders of mini accounts, and it rewards five best traders with $800-$2,400. Another contest for holders of Mini account, called success 35, enables best traders to get up to $500. Firs gets $500, half in cash, half in bonus to their account. Second placed gets $300, third placed $200 and a hundred bucks to each fourth and fifth placed trader.
Trading Accounts Types
Exness has four types of accounts. The basic one here is called “cent”. It is most suitable for beginners as it doesn’t have minimum deposit and it has a leverage of 2000:1. This account is called “cent” because its denomination is in cents. Users can not use hedging nor experts. Level of margin call is 60%, and the level of stop out is 30%.
Mini account also doesn’t have minimum deposit and has the same leverage as “cent” account. It also has the same levels of margin calls as well as the stop outs. But here, the maximum size of a trade is not set and trading can be done with hedging or experts.
The real deal starts with classic account which has a minimum deposit of $2000. It also has leverage of 2000:1
The level of margin call is set to 30% and the level of stop out at 10%.
Fourth account is the ECN. It has a commission of minimum $25 per traded standard lot, along with a at least 0.1 lots trade size. The level of a margin call is 100%, stop out level is 50% with the leverage being 200:1. Also, there is access from multi-bank to the market.
EXNESS offers to its traders several platforms including the MetaTrader4.
All four types of accounts can trade on MT4.
Next, there is Exness Webtrader. It is MT4 platform, but web-based. It allows traders to access the platform from any browser.
Mobile platforms are also available. For iPhone or iPad there is “iTrader”, for android-run devices there is droidTrader and unlike some othere, Exness has something for Windows based mobile devices – ExnessMT4.
Exness offers its client support in terms of training and educational materials including webinars and online lessons, forex analytics, and for holders of live account, VPS service.
Withdrawals and Deposits
Depositing money has been made as easy as possible. It can be payed via prepaid Excard. There is also an option to use Skrill, Payweb, Flispay, Neteller, Ukash, Perfect Money, or Cash U. Also, bank cards such are JCB, VISA, Master, union pay are option to deposit money, as well as bank wires.
All these methods can be used for withdrawing.
As for minimum depositing, it depends on the way of depositing. Bank transfers require minimum of $10. Nteller and skrill also $10, while Excard payments, internal transfers, Ukash ,cashU or webmoney can be used to deposit as little as $1. But what do you plan doing with it?
As for maximum payments, there are no limits, again with exception for methods that have certain specific restrictions. As for the withdrawing limits, it is the same to depositing – limits are only imposed by the method to withdraw money, and that is up to the money transfer provider.