How to Trade With Exness South Africa
Exness South Africa provides an impressive selection of trading assets, such as forex, CFDs on commodities, precious metals and indices. Furthermore, traders have the option to invest in cryptocurrencies and gold futures contracts.
The broker offers two trading platforms, MT4 and MT5, that can be accessed with browsers and provide multilingual capabilities.
Online CFD trading on Exness’ powerful trading platform
Exness is one of the world's leading CFD brokers, boasting over 300,000 traders and $2 trillion+ in monthly trading volume. They provide clients with access to 200+ financial CFD instruments including Forex, Shares, Indices, Energies and Metals from both desktop and mobile platforms.
Exness' robust trading platform offers a host of features and tools to help you trade confidently and efficiently. Their terminals can be downloaded onto PC and desktop devices as well as online via major web browsers.
Traders can open an account in several languages, including English, German, French, Italian and Spanish. Upon registration they will be asked for proof of ID and address; once verified the accounts can be funded with up to 50,000 USD.
Withdrawals are usually processed quickly and for free, though minimum amounts may apply depending on the chosen payment method. A currency conversion fee may apply when deposits and withdrawals from bank accounts in different currencies than that used for trading accounts.
Deposits and withdrawals can be made using a variety of payment methods, such as credit/debit cards and electronic wallets. Transaction fees and fees for international bank transfers may also apply.
The website is user-friendly and provides a multilingual service for those who prefer trading in multiple languages. Furthermore, there are plenty of educational resources for new traders such as a biweekly technical review and educational videos in five languages.
Exness is a reliable choice for South African traders as they are authorized and regulated by both the FSA in Seychelles as well as Vlerizo (Pty) Ltd in South Africa. As such, Exness provides traders with peace of mind when trading.
South African traders have the advantage of using ZAR as their base currency, enabling them to deposit and withdraw without extra charges. Standard and Pro account types are available with this currency, providing a range of choices for those looking to open an account in South Africa.
MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms offer traders access to over 200 CFD instruments and the freedom to create their own trading strategy. Both MT4 and MT5 web terminals are accessible on desktop and mobile devices alike, plus they provide a host of charting tools and expert advisors for automated trading.
Always trade responsib
Exness is a global forex broker that serves more than 232,000 traders around the world. Its offices are situated in Seychelles, South Africa, British Virgin Islands and Curacao; additionally it's regulated by CySEC and UK's FCA.
On its website, the company states its commitment to safeguarding and empowering customers. Its corporate social responsibility (CSR) programs address a range of topics including education and the environment; additionally, it addresses social and medical needs within communities where it operates.
Exness offers a selection of account types to accommodate different trading styles and levels of experience. These include a Standard Account, Professional Account, Raw Spread Account, and Zero Account.
Investors should exercise caution when trading to maximize the value of their investments. They should avoid excessive leverage that may cause losses of profits and should limit risk by trading only with funds they can afford to lose.
Exness' deposit and withdrawal policies are designed to shield traders from fraud and money laundering. The company has a rigorous Anti-Money Laundering policy that requires that deposits and withdrawals be made with the same payment method used when funding the trader's account.
Deposit and withdrawal requests must be confirmed by providing a copy of the same document that was provided during account opening. Traders should note that this document may take up to 24 hours for Exness to validate.
The broker's support team is available 24/7 to answer your queries. You can contact them through live chat or email to discuss your trading requirements and worries.
When opening an account with Exness, they'll require identification and residential papers to be verified. After these have been checked for authenticity by Exness, you'll receive a verification code to confirm your identity.
With this code, you can deposit or withdraw funds into and from your account. The company's customer service team will verify your transaction and provide an account number as well as a link to access it.
Easy to trade
If you're new to online trading, Exness South Africa provides an effortless signup and start trading right away. The registration process is quick and painless; traders can open an account within 48 hours!
To begin trading with Exness, you must decide which account type best suits your needs. The broker offers various account types such as Standard and Pro accounts with varying minimum deposits and trading costs.
Traders have the option of selecting from a range of trading platforms, including MT4 and MT5. The latter is ideal for technical investors due to its extensive library of indicators and other tools.
Exness is one of the few brokers who offers a demo account, giving you the chance to practice your skills and strategies without risking anything. Furthermore, Exness provides various educational materials and tools designed to enhance your trading abilities.
Once you're ready to trade, Exness' trading platform and automated tools make it easy. Plus, their live chat support team are always available if you have any queries or issues.
Once you've selected the account that best meets your needs, there are a variety of methods for depositing and withdrawing funds. Credit cards, bank transfers, and other popular payment options can all be utilized; however, keep in mind that there may be a transaction fee if depositing or withdrawing funds from another bank account than your trading account.
Exness's deposit and withdrawal process is straightforward, with most payment methods available instantly. Withdrawals from popular cryptocurrencies like Bitcoin are processed within 24 hours, while Tether takes up to 72 hours.
Additionally, Exness does not charge swap fees on a variety of instruments like stocks, crypto, and indices. This is an advantageous feature for traders who wish to keep their investments overnight while saving on fees.
Registering for an Exness account is simple - just complete a brief questionnaire, provide your ID, and proof of address documents. After verification takes place - usually taking about 48 hours - you can deposit funds and begin trading right away!