Exness South Africa Fee
Exness South Africa Fee is one of the few brokers that provides trading accounts in ZAR and accepts local currency as its base currency. This makes the broker attractive for traders from South Africa who wish to trade with the Rand.
The broker also offers a complimentary demo account for risk-free testing of strategies in real market conditions. This is an ideal way to get started with forex trading and enhance your risk management abilities.
Online trading on Exness’ powerful trading platform
Exness is a licensed online trading broker offering investors in South Africa an array of trading options. It provides CFDs on more than 100 forex pairs, 30 cryptocurrencies, precious metals, energies and stocks. Clients have access to leverage levels up to 1:200 across all product offerings from Exness.
MetaTrader 4 provides an expansive library of technical indicators and charts, as well as interactive trading tools. Compatible with mobile phones and tablets, the software offers a convenient on-the-go experience. Furthermore, traders can copy other market experts and trade with an expansive selection of currency pairings.
Furthermore, the trading terminal boasts a comprehensive multilingual system. It's accessible in 14 languages on the website, during the account sign-up process and across all education interfaces.
MetaTrader 4 and 5 platforms offer a wealth of advanced trading tools, such as broker tick history which guarantees investor orders are executed at market prices. Furthermore, you can customize indicators and charts to meet your individual requirements with ease.
Traders can utilize the broker's advanced charting features to gain a better insight into the markets and identify trading opportunities before making any moves. This includes monitoring real-time price movements on charts of 1-minute, daily, weekly or monthly intervals with up to 21 timeframes.
The brokerage provides educational resources tailored to all levels of expertise, as well as an in-depth tutorial and economic calendar. Furthermore, it offers a free demo account and support from a team of professionals in multiple languages.
This website is user-friendly and uses a modern design to attract new customers. Unlike many other brokers that require significant initial investments before opening live accounts, the one offered by this broker requires no technical knowledge or investment before you can get started trading.
Always trade responsib
Exness is a leading global provider of online trading services in currencies, cryptocurrencies, metals and energy. Established in 2008, their reputation for excellent customer support and speedy execution have earned them an excellent reputation.
This broker is regulated by multiple authorities, such as CySEC and the UK FCA. Furthermore, it's a member of the Financial Commission which monitors and protects members within this industry.
A secure trading experience is paramount for any forex trader. To guarantee your funds remain safe, always choose a broker with an established reputation. Research the firm's regulations, assess its financial stability, and gauge how transparent and trustworthy they are; this information will give you insight into whether or not this particular broker meets your trading needs.
The company's social trading feature, Always Trade Responsib, allows traders to open a demo account and test out their trading strategies without risking real money. Once they feel confident with the platform, traders can switch over to a live one.
Furthermore, the broker offers a selection of trading accounts tailored to different experience levels. Its Standard account boasts low spreads starting at 0.3 pips on major currency pairs while the Standard Cent account allows investors to invest in cents instead of pips.
Trading has never been simpler for traders to manage their portfolios and reduce risks. They can open a Pro account with tighter spreads starting from 0.1 pips on some major currency pairs.
Exness is an international financial broker that offers trading in over 107 currency pairs. Their platform is user-friendly and supports trading on desktop, mobile and web platforms. Furthermore, Exness provides negative balance protection as well as a segregated account for clients.
Its client support team is available 24/7 to answer your queries and offer guidance. You can reach them via email, phone, or Live Chat for immediate assistance.
Exness offers an impressive selection of cryptocurrencies to trade, making it one of the top-rated cryptocurrency brokers. These include bitcoin, Ethereum, litecoin, Ripple and many more - making Exness an excellent choice for investors looking for a wide range of digital assets.
Low minimum deposit
Exness is a licensed forex and CFD broker offering an array of financial instruments. Its product portfolio includes forex and CFDs on commodities, indices, and cryptocurrencies. Furthermore, Exness' forex and CFD offerings feature several exotic currency pairs so traders can trade across global markets with ease.
Exness offers South African traders a low minimum deposit requirement. Funds in ZAR can be transferred directly into your trading account without any extra fees attached. Unfortunately, the transfer process may take some time due to its lengthy nature.
Another advantage to Exness is its competitive spreads for standard accounts. On average, EUR/USD trades at 0.7 pips, lower than other brokers such as XM (0.8 pips), FXTM (1.9 pips) and Hotforex (1.94 pips).
However, Exness does charge commission for opening and closing positions with its Raw Spread accounts - this is higher than what XM, FXTM or Hotforex offer on their ECN accounts.
The commission on Raw Spread accounts is determined by the value of each trade in the market. On an average $100,000 USD trading volume, it costs $7 per open and closed order.
Furthermore, there are no additional charges for dormant account maintenance. Other online brokers usually charge a fee if your account has been inactive for more than a few weeks.
Finally, Exness offers a range of deposit and withdrawal methods to their customers, including popular e-wallets such as Neteller and Skrill, USDT, Perfect Money, Webmoney, as well as wire transfers to South African banks.
Opening an account with Exness is easy in just a few steps. After completing registration, traders can access their Personal Area and start trading using a demo account - giving them the chance to become familiar with the platform before making a real deposit.
Betterthanmarket conditions on the world’s financial markets
Exness is a leader in online forex trading. They provide something for everyone from novice to expert traders, boasting state-of-the-art technology and scalability that rivals their competition. As an innovative fintech company, Exness ensures clients a fair playing field when regulatory scrutiny occurs and provides outstanding customer service. Exness boasts an unmatched client retention rate compared to their rivals, plus their streamlined client servicing model and low minimum deposit options make them your go-to solution for financial needs.