Exness Review Is Exness Legit Or Scam Fx Broker️

I have been trading with this broker about 1 year after attending their seminar in my city. HotForex provides various account types and payment methods. You can also trade MT5 here that is not supported widely by many brokers. You may need to use VPS to have the best execution because the ping is pretty high in in volatile time. Anyway, this is a good choice of broker in Asia.

Guys, I thought I was the only one facing huge problems with exness. On the previous FOMC I traded gold, and it wiped my account. I made a sell stop order and at first social trader tools it went down and triggered my TP and went even beyond my TP but as always it just froze and only came back when the trade was going up, and I was on a loss.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. We’re happy you had an outstanding experience! Exness is really scam never get inside this broker or you will lose your money. They are manipulative in such a way that when trading gold spot …. Also, always consider Exness rollover or overnight fee as a cost, which is charged on the positions held longer than a day. Each instrument charges a different quote for overnight positions, which may be as a fee or a refund, see sample on some of the instruments above.

Exness Group due to its presence in various countries and established offices regulated by necessary local authorities, also highly respected within the industry provides fully legit status. Moreover, the Exness takes an active role in social life, as well as acting as an honored sponsorship partner with various organizations. Currently, Exness proudly sponsors the world’s number one football team, Real Madrid, and the best football player alive, Cristiano Ronaldo. Along with its history of operation, Exness has been awarded and recognized many times including different aspects like Customer satisfaction, trading technology and overall rankings recognizing its success. Use the MetaTrader 5 web platform without downloading or installing any application.

Their PAMM is good with massive PAMMs to pick. Broker is among few brokers offering PAMM and you can invest. However, don’t be surprised if a steady profitable PAMM suddenly lost 80% fund in 1 day. I was trading Gold with profit, had a stop loss in place.

Spreads

I was scammed by a local broker and decided to find an international broker and hotforex is among popular one in my region so I picked it. I started with demo account and come to live account in a few weeks. I feel this broker never avoid to reply your questions. During years I been with this broker, I had some struggles and problem like slippage or slow payout but everything were resolved by broker in a few days after emailing or live chat.

Apps are highly regarded and well developed, so you can apply full customization on your phone, as well as check account status, request withdrawals and see fee reports, all from your mobile. And I lost some trades and found out that anytime you are in loss they manipulate the spreads to increase it form 300 to as far as 700 points …. Truth truth I though I was the only one experiencing that …….

Exness Review

Then I have sent them an email with all the details and screenshots. After 24 hours again I contacted live chat service then they told me they have tons of clients, they don’t know how long it will take to resolve. I deposited R2000 https://xcritical.com/ into my account and traded few loosing trades. Then after 3 loosing trades i entered a sell in usdcad which streight away went in my sell direction. As it goes my platform got disconnected then got connected in 5 minutes.

No, Exness is not a scam it operates under relevant country’s legal requirements authorized by FSCA South Africa providing low risk Forex and CFDs. Click here to see Axiory which also offers traders access to the CFDs market. On the negative side there are some limitations in product offering with trading instruments only based on Forex and CFDs, also there is no multi-currency accounts and proposal is different in each jurisdiction. Exness is the brand name of the global brokerage firm that delivers its services through two main offices in Seychelles and is a Cyprus Broker.

I have also noticed that the trade execution is quite smooth however due to hotforex spread I always enter the market few points earlier and so is my exit strategy. Payments processing is always on time and does not requires extra struggles. I get them within a week or less whenever i tried. Exness is a really bad broker, i deposited money about R1000, i traded NZD employment change they refused to place my trade so i thought maybe its due to insufficient funds as their spread was about 63 on NZD/USD. So today i went to trade the CAD emplyment change with a lower lot size and on the 5 times i took a buy they kept sayin insufficient funds. As i type ive withdrawn my money and i advice people not to use exness because theyre going to cheat you and wont give you a valid reason as to why.

Access your account and start trading in just a couple of clicks. Lastly, together with comfortable conditions for trading, you will get advanced support that brings customer service in 13 languages available 24/5, and support 24/7 in English and Chinese. Exness gained actually quite good rankings for its support and is recognized among financial markets for its excellence. Thre are free and simple to use apps suitable for iPhone and Android devices, supporting MT5 and MT4 versions as well, so you can remain updated about trading on the go.

Exness Updates

Turned out to be a nice company to work with. Nice leverage conditions, wide range of tradable products and handy tradinf platforms. And all things mentioned above are covered with legal regulation. We’d be happy to help resolve your issues as best we can.

Download MetaTrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets. During the first launch, you will be prompted to open a free demo account allowing you to test all the features of the trading platform. Also, you can open a demo account and test trading strategies or open a live account to enter forex markets live. Yet,traders of world jurisdictions may be subjected to different account offerings that range according to regulation and compliance.

Forex Contest

I built few strategies on Exness social trading. It will help you earn money without manually trading. You known Forex trading is very painful to beginner even thought you are in at intermediate. Sometime the marker is going crazy and you lost your money.

When it came back my trade wasnt there anymore. Then i contacted them via a live chat to complain and they asked me for my login id which i provided. They said to me i did not place any trade that day .

And of course, always learn how to use leverage correctly, as leverage may increase your potential loses as well and is a different feature in various instruments. Leverage levels always depending on the instrument you trade, as well defined by the regulatory restrictions and your personal level of proficiency. Needs to review the security of your connection before proceeding.

Metatrader 4 Android

Fundamental and technical analyses are useless here. Exness does not require a specific amount at the beginning, so you will be able to start as small as 10$. The professional account may demand though 200$, and of course check on the necessary margin requirements that are usually set for each trading instrument separately.

• However, don’t be surprised if a steady profitable PAMM suddenly lost 80% fund in 1 day.
• I consider hotforex is among the top brokers.
• Good platform optinos mt4, mt5 mobile etc, Crypto trading is offered and its an added plus in my opinion for though into crypto trading.
• So the professional teams of Exness provide active traders with one-stop powerful tools.
• I found that the trade hit my TP and went even beyond, but when I come back I find it on a loss.
• Download MetaTrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets.
• Trading for quite some time with the hotforex broker, almost two year of trading.

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. Are they correctly regulated or it’s fake licence…. The deactivate your stop loss especially when you are a good trader …. At first I use to be in profits with a spread of 300points that sounded right to …. Their spread are manipulative specially when you are a good trader …. And I closed the trade manually … I reported to them and they said they were going to get back to me it’s been 2months now …..

Trading with leverage can wipe your account even faster. The only thing I found essential in my trading career is the rare spread widening, low slippage / no re-quote during news releases. They allowed news trading and scalping too but in a fair manner which clearly states that it is a good broker. Becuase bad brokers does not allows winnings of the traders. It allows you to trade on the Forex and exchange markets from any browser and operating system.

If you can provide us with the following information, we can escalate this with our team. Exness provides free Demo account and along with up-to-date financial news from Dow Jones, educational robust materials and Web TV with the latest updates. We really like how Exness organizes the knowledge base and invest in its traders’ improvements.

See some of the examples below for a better understanding of Exness costs and comparison with other brokers, as well compare fees to another broker FBS. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!

Is Exness Safe Or A Scam

I restarted the mt4 platform and tried it again the next 15 minutes several times but still didn’t work. Later after minutes, the trade instead of hitting my TP it hit my SL. After this happened and I talked to live chat four times, 1st and 2nd time they told me it was a technical issue on our Real 11 server and it will be resolved within 24 hours. After 24 hours, 4th time when I contacted the chat service, they told me that I have to send an email then they will take action and it may take 24 hours to resolve.

I consider hotforex is among the top brokers. Currently I have been trading with hotforex for the past two years and i don’t found out any bad glitches to report my fellow traders. The trading assets have decent leverage with tight spreads. I get my withdrawal processed within two business days.

How To Open Account

In addition, this broker has swift payout and it’s really a reliable broker. I have tested Hotforex by trading for more than one and a half year and i can say that the micro account is one of the best possible replacement for small funds traders like us. I am saying it because of the account opening by small amount deposits.

I have been trading hotforex for close to a year and 8 months now, live, started with a micro test account last 2018 which i used for testing. Trading environment is decent, most spreads especially on usd and eur pairs are tight and scalping is very doable. Good platform optinos mt4, mt5 mobile etc, Crypto trading is offered and its an added plus in my opinion for though into crypto trading. Forex trading in general is gaining popularity around south east asia due to accessibility.