Company Overview – History and Establishment
Exness was founded in 2008 with the mission to provide open and transparent trading to people worldwide. Over the years, it has grown into a global financial services leader with traders from numerous countries. Exness is regulated by several financial regulatory agencies and provides a secure and safe trading platform.
Regulatory Information
Exness is strictly regulated, adhering to stringent financial laws set by international regulatory bodies. This ensures that traders’ funds are safe and that the company is operated in a transparent and safe environment.
International Licenses
Exness is licensed by various regulatory authorities around the world, allowing it to conduct business with clients globally. The licenses ensure that Exness works under international financial standards and provides a secure trading environment.
- Financial Services Authority (FSA) – Seychelles
- Cyprus Securities and Exchange Commission (CySEC) – Cyprus
- Financial Conduct Authority (FCA) – United Kingdom
- South Africa Financial Sector Conduct Authority (FSCA) – South Africa
Exness complies with these regulations with the segregation of client funds and the company engaging in ethical trading practices.
Compliance in India
Exness is compliant with Indian laws, offering services to Indian traders in accordance with Indian financial regulations. Exness does not necessarily have a direct license in India, but it is functioning under international regulations that are compliant with the global financial standards adopted by Indian authorities.
The firm makes sure to meet the requirements of compliance and works towards offering a safe trading environment to Indian traders. Exness follows all Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures to trade safely and in compliance with its Indian clients.
Trading Conditions
Exness offers comfortable trading conditions to accommodate different types of traders. With close spreads, various account options, and high leverage, Exness ensures that the traders have everything they need to manage their positions effectively and make trades successfully.
Account Types
Exness provides several account types to accommodate different trading styles and needs. These are:
- Standard Account: Ideal for novice traders, with close spreads and easy access to major currency pairs.
- Raw Spread Account: Suitable for professional traders, with very low spreads and a small commission.
- Pro Account: For professional traders who need sophisticated tools and tighter spreads for high volume trading.
- Zero Account: Suitable for scalpers and high-frequency traders with zero spreads and a commission-based system.
These accounts give the traders the most suitable option based on their experience and trading strategy.
Spreads and Commissions
Exness offers close spreads of 0.0 pips, as a function of the account chosen. The Raw Spread Account provides the closest spreads but with a minimal charge per transaction, while the Standard Account provides no charges but broader spreads. Traders can anticipate competitive prices that allow for effective execution and minimal cost of trading.
Leverage Options for Indian Traders
Indian traders can get high leverage with Exness with a maximum leverage of 1:2000 based on market conditions and trading account. High leverage gives them the capability of trading higher volumes with a limited margin, thus increasing potential revenues. However, it is imperative that traders should use the practice of leverage smartly to curtail the amount of risk attached.
Technology and Innovation
Exness uses the most advanced technology to help traders trade effortlessly and securely. Their trading platforms are designed with leading-edge tools for real-time data, fast order execution, and comprehensive market analysis. Exness ensures that both new traders and professional traders have a good and effective trading environment that is updated and enhanced regularly to meet users’ growing demands.
In addition to a user-friendly interface, Exness has advanced features such as mobile trading and automated trading facilities. The platform’s technology is geared towards offering low latency and high-speed trading. Regular software updates and robust cybersecurity measures also complement the trading experience, enabling traders to feel safe while operating their accounts and executing trades.
Customer Support for India
Exness offers 24/7 dedicated customer support to Indian traders in various languages. Regardless of the type of assistance you need for technical problems, account-related questions, or platform support, Exness provides instant assistance via chat, email, or call.
Local Support Options
Indian traders are supported locally by Exness’ expert team, which is fully familiar with the specific needs and demands of the Indian market. Support is available in Hindi and English so that communication is always clear and any problems are solved at a quick rate. Exness also provides several contact methods like live chat and phone support so that traders can access the assistance they require at all times.
Exness Educational Resources
Exness offers different educational resources aimed at helping the traders improve their skills and understanding. They feature video lessons, webinars, and market analysis, trading method, and utilization of the platform articles. If you are either a new trader or an expert, these are resources that aim to lead you through the trading process and guide you to making informed decisions.
The Exness Education Center can be located on their website, giving users free comprehensive learning material. Traders can also receive access to expert insights and information through regular market analysis and webinars conducted by seasoned traders.
Corporate Social Responsibility
Exness is also a proponent of corporate social responsibility (CSR) through sponsoring different charitable and community projects. It seeks to improve education, interact with local communities, and promote sustainability. Exness has sponsored some programs in the past like providing funds to educational programs, environmental programs, and natural disaster relief programs.
By associating its values with social causes, Exness wants to contribute positively to society. Its CSR activities prove an interest in giving something back to the societies it operates in, having a great impact that goes beyond the monetary arena.