What is Exness? Latest Exness floor review

Exness is a famous broker, extremely famous in Vietnam market next to other famous brokers like XTB, XM or Hotforex. In fact, it is not easy to understand Forex as well as Exness floor. Because each time has different evaluation of floor results. But in this article, we will give the most accurate reviews about Exness floor. Let's refer to offline!

What is Exness?

Exness is a Forex broker established in 2008 under registration number 21927 (IBC 2014) in St. Petersburg, Russia; with 3 main companies including: Exness Limited, Exness CY and Exness UK with corporate headquarters located in Cyprus and operational offices located in Singapore and Malaysia.

What is exness ?

Subsidiary Exness Limited is authorized and regulated by CySEC (Cyprus National Securities and Exchange Commission), license number 178/12. Currently, Exness has an average of 43,000 new accounts registered every month, with an average monthly transaction of $265,000 million.

One of Exness's most important moves was the company's rapid relocation of headquarters from Russia to Europe, and the sponsorship of the Real Madrid team and Formula 1 racing cars that made Exness' name "popular". boom" in the forex market.

Types of accounts on Exness

Exness currently offers 4 main account types: Cent Account, Mini Account, Exness Classic Account and ECN account. However, depending on each branch, customers will be able to use different account types. Exness Global customers (including Vietnam) will be favored to use all 4 types of accounts above.

Types of trading products

Exness offers a wide variety of trading products such as: Currencies, Crypto, Energy, Stocks, Indices

Stocks: 30 codes, including the most popular stocks provided by Exness such as Amazon, Alibaba Group, Apple, eBay, Facebook, Alphabet or Google...

Forex: more than 100 currency pairs including 7 major pairs, minor pairs and rare currency pairs.

Metals: Gold, Silver with USD, EUR, GBP, CAD.

Crypto: Currently Exness allows trading of 5 products, namely Bitcoin Cash, Bitcoin, ETH, Ripple, Litecoin as CFDs against the Dollar.

Indices: Exness offers 10 types of indices including Australia's S&P 200, S&P 500, US30, JP225...

Energy: Crude Oil

Exness trading platform

Exness supports 2 main platforms: MT4 and MT5 software.

MT4 software is integrated by Exness for many different versions from integrating software for computers running Windows, Mac and Linux operating systems, to integrating day-to-day experience on Web Terminal so that you don't have to worry. download the MT4 application, if this inconveniences you.

MetaTrader 4 software

Not only Exness but all other Forex brokers now consider MT4 as the standard software for forex trading MetaTrader 4 (MT4) is the world's leading platform for trading on financial markets. In addition, Exness also provides basic features for MT4 software such as:

Flexible transaction

MetaTrader 4 makes it possible to execute multiple trading strategies at the same time with two execution modes: Instant and Market.

Analysis

Thanks to 23 built-in analytical objects and 30 technical indicators, traders can perform technical analysis intuitively, helping traders to react promptly to price movements. Furthermore, Exness clients are provided with financial news from the world's leading service providers and a Technical Analysis indicator from the international analysis agency Trading Central (TC).

Autotrading feature (automatic trading)

Thanks to a special trading robot called an Advisor System (EA), analysis and trading activities in the forex market can be fully automated. You can use MetaQuotes Language 4 (MQL4) to create your own trading robots and scripts and import new EAs in just a few minutes.

Security

Protecting customer data is one of Exness' priorities, so all communications between the server and the trading platform are securely encrypted with a 128-bit key.

Types of accounts on Exness

MT5 software

This is an upgraded software from MT4, so it contains more advanced features such as:

Offers a variety of charting frames & timeframes

MT5 will provide you with 21 timeframes that also keep a history of quotes in a concise format.

Fundamental analysis

In addition to the forex calendar, MetaTrader 5 also integrates news events, their expected and forecast effects on currency pairs, making it easier for traders to predict price trends.

Indicators & analytical object tools

MetaTrader 5 offers 38 built-in indicators, 22 analytical tools and 46 graphical objects, equipping traders with additional features to enhance the trading experience.

Deposit and withdrawal methods

The strongest advantage that cannot be ignored of Exness is the super-fast deposit and withdrawal. Thanks to the provision of more than 35 different withdrawal methods for you to choose from. Below are the deposit and withdrawal methods offered by Exness exchange.

Credit/debit cards: Only cards issued by Visa and Mastercard can be used with Exness. Deposits are usually processed instantly and withdrawals usually take 3-5 business days.

Domestic transfer: In Vietnam, you can use domestic transfer to make withdrawals quickly within the day.

E-wallets: Skrill, Neteller, Perfect Money (Exness Ltd only) and WebMoney (Exness Ltd only). Transactions are usually processed instantly for these methods.

For Vietnamese traders, we recommend using withdrawals via Internet Banking or Ngan Luong. Especially if you have not registered for Internet Banking, the form of top-up via Ngan Luong will be extremely suitable for you. When they can be connected to a number of other 3rd party applications such as Viettel's recharge application, for example.

In particular, compared to many other exchanges, the deposit and withdrawal at Exness is super fast. It only takes a few minutes to get money to your account. Not only that, due to automatic technology integration, you can withdraw money even on weekends. A great advantage that not all reputable Forex brokers can do.

Is Exness a scam?

Every Forex broker has strengths and weaknesses, it's important that you see if that strength is right for you. For me, I find Exness exchange quite reputable. The time when this floor was the most popular in Vietnam was 2013. At this time, Vietnamese investors invested on this floor a lot. But because it has not focused on the Vietnamese market, there is no staff specifically in charge of the Vietnamese market, so there is no breakthrough.

As you know FCA and CySec are the two leading prestigious agencies in the world. The exchanges adopted by these two organizations have extremely high levels of trust, up to 99.99%. So the names licensed by the FCA and CySec are both great addresses. Including Exness.

Many people ask: Is the exness floor a scam? This is difficult to answer, but look at the company's metrics to determine for yourself. This exchange has grown as strong as it is today because they are certified by the No. 1 regulatory agencies of the most stringent countries in the world such as: Spain, Sweden, Italy, the Netherlands and Spain. Virtue.

To ensure its transparency and safety, Exness registered as a member of ICF. This is an investor compensation fund, which means that the amount that investors receive when at risk can be up to 20,000 EUR. In some other cases, the compensation value can exceed 90%.

Moreover, their operating mechanism is also completely separate, not under the management of any organization. This means that all activities are carried out completely transparently and openly. Furthermore, their financial statements are all prepared by Big Four auditors.