Exness Kenya Review - Is Exness Kenya a Trusted Forex and CFD Broker?
Exness is a Kenyan multi-asset broker offering online CFD trading on forex, precious metals, commodities, indices and energies. It has licenses in both Africa and the UK as well as CySEC and the Seychelles Financial Services Authority.
The platform is accessible on Metatrader 4 and 5 and provides a host of trading tools and indicators. Furthermore, a free demo account allows you to practice your strategy without risking real money.
Online CFD trading
Exness Kenya is a reliable Forex and CFD broker with an impressive reputation, as well as great trading conditions. It provides various financial products, multiple account types, and an attentive support team.
Exness' powerful trading platform offers CFD trading for any level of trader - from stocks and currencies to metals and energy - with leverage levels up to 2000:1 on many products. It's an ideal opportunity for investors to profit from the world's financial markets.
MetaTrader 4 from the company is designed for flexible trading systems and algorithmic trading, providing investors of all levels with numerous tools to aid in their investing decisions. These include instant execution and market execution as well as 38 built-in indicators and more.
Exness provides a free demo account to help traders become acquainted with the platform and learn about trading before using real funds. This is an essential step in the process, as it enables traders to fine tune their strategies without risking any real cash out of pocket.
One of the great advantages to Exness is their wide range of payment methods, meaning you can deposit or withdraw cash at your leisure. Popular cryptocurrency Bitcoin as well as bank cards and e-wallets such as Skrill, Neteller, Perfect Money and Tether are all supported.
They don't charge a withdrawal fee and transactions back to your original payment method are usually instantaneous. This is an enormous advantage over other brokers who often take days before completing transactions and charge a withdrawal fee.
Exness' customer service team is accessible via telephone, email and live chat to answer any queries you may have. They boast an expansive library of trading resources including financial news and can assist in identifying entry and exit points for your trading strategy.
Exness is a multi-asset online trading company that gives its customers access to an array of instruments. Regulated in over 130 countries by multiple financial regulatory bodies, Exness guarantees full adherence to local laws and regulations across all jurisdictions.
The company's superior trading platform is powered by MetaTrader, offering more than 50 tools and 100 technical indicators. The user-friendly and intuitive trading interface also boasts a number of advanced features like an interactive charting tool.
Exness offers the traditional MetaTrader platform as well as a web-based terminal and apps for iOS and Android devices. These mobile applications allow traders to monitor their account, conduct trading while on-the-go, receive push alerts, and chat with other investors.
Traders have access to a wealth of trading tools, such as market scanners, live news feeds and trend indicators. Furthermore, there are numerous strategies available which traders can employ in order to make profitable trades.
Exness provides leverage up to 1:2000 on MT5, as well as tight spreads from 0.3 pips, without charging any trading commission. Furthermore, they provide trading in hard commodities like gold, silver and oil.
The broker offers a selection of account types designed to accommodate different trading styles and needs. Both Standard and Professional accounts can be utilized by both novice and experienced investors alike.
Exness provides two versions of MetaTrader software for traders: MT4 and MT5. The latter is best suited to currency trading.
Both applications offer high-tech encryption and industry-standard data privacy. Both Personal Area and portal access are password-protected, guaranteeing all client details remain secure.
Among other features, the broker supports multiple payment methods and is compliant with Anti-Money Laundering regulations. Furthermore, it offers 24-hour customer support in various languages.
Exness is a global Forex and CFD broker that specializes in emerging markets and Sub-Saharan Africa. Established in 2008, the group holds licenses from multiple financial regulatory authorities such as the South African Financial Sector Conduct Authority, Cyprus Securities and Exchange Commission and Financial Services Commission of Seychelles.
Free demo account
Exness demo account is a free trading platform that allows you to practice forex trading without risking your own funds. It's an ideal way for you to build confidence and become acquainted with the platform before investing real funds.
Exness offers its clients a vast selection of indices, commodities and currencies to trade on its powerful trading platform. Furthermore, they provide numerous tools and features designed to help you become an efficient trader.
Fund your account with a variety of local payment methods, such as Bank Card, Perfect Money, WebMoney, Neteller and Skrill. Unlike many other brokers, you are allowed to withdraw profits in any local currency and return them back to the source at any time.
To open a free demo account with Exness, just sign up on the website or app. After entering your country, email address, and password you'll receive an accurate representation of how trading on the real market works onscreen.
The broker's impressive trading platforms give traders access to a vast array of global markets and sophisticated trading tools, like advanced analytics and customizable charts. Plus, you can even construct automated systems using the MQL5 programming language.
MetaTrader 4 and MetaTrader 5 are two popular platforms that enable traders to trade online or on-the-go. Compatible with Windows, MacOS, and Linux computers, these programs enable easy trading from virtually anywhere.
Exness' MetaTrader desktop platforms and mobile apps for iOS and Android allow traders to open and close positions from any location - perfect for those who travel frequently.
Exness offers an expansive selection of CFDs on precious metals, such as gold, silver, platinum and palladium. Leverage ranges from 1:2000 for gold and platinum to 1:100 on silver.
The company provides a selection of indices, such as the NASDAQ, S&P500, FTSE100 and DAX30; however, their range is somewhat limited in comparison to other South African brokers' offerings.
Exness is a regulated multi-asset broker that offers exceptional trading conditions to its customers around the world. Established in 2008, it holds several licenses from regulatory organizations around the world such as South Africa and Kenya.
Licensed in Kenya
Holding a CMA license from the Capital Markets Authority is essential for traders in Kenya who wish to trade safely and responsibly. By choosing an experienced local forex broker with regulatory oversight, you can rest assured that they understand and adhere to all CMA regulations.
In February 2018, EGM Securities became the first local broker to receive a CMA license; as such, they remain the sole broker in Kenya currently authorized by CMA to offer online forex and CFD trading services to residents. This move by government has seen an influx of investors into Kenya's online forex and CFD markets.
It is essential to recognize that CMA regulations for online Forex and CFD trading in Kenya are relatively new, not as developed as counterparts in Europe or Australia. Therefore, there may still be risks involved when trading forex with local brokers. Nonetheless, the introduction of the CMA regulatory framework has brought some transparency and liquidity to this industry.
Trading responsibly involves several other important aspects that traders should be mindful of, such as setting boundaries, limiting unnecessary risk and only trading what one can afford to lose.
You should make sure the Forex broker you select provides secure SSL encryption at all times and a demo account for practice trading before investing real money. This way, you can learn how to trade online forex safely without risking your hard-earned funds.
Exness' robust trading platform is accessible on both Android and Windows operating systems, boasting a user-friendly design with plenty of features suitable for both novices and seasoned traders alike.
The platform gives you access to over 5,000 global financial markets, such as stocks, bonds, commodities and currencies. Furthermore, it provides sophisticated trading tools and features designed to help you make informed decisions.
Furthermore, our platform is supported by a 24-hour support team who will answer any queries. You can even use the live chat feature to contact a member of our team directly.