Exness Kenya Review - Is Exness Kenya a Good Online CFD Broker?
Exness is an online CFD trading broker that provides Kenyan traders with a range of services and resources. These include free deposit and withdrawal options, low fees, as well as superior customer service.
The broker is regulated by both the Financial Conduct Authority (FCA) and CySEC. To protect client funds, it offers negative balance protection and segregated accounts.
Online CFD trading
Exness provides Kenyan traders with a robust trading platform to trade CFDs. Furthermore, they provide a free demo account so clients can test out their strategies without risking actual funds.
The website is user-friendly and provides access to a wealth of information, such as trading charts, order types and technical indicators. Furthermore, the company provides various support options like live chat or phone support.
Exness offers a $10 USD/KES sign-up bonus and zero deposit and withdrawal fees for new traders. However, to open an account, traders must provide documentation verifying their identity and residency.
Furthermore, the company is strictly regulated by financial regulators across different countries, meaning it can guarantee its clients are safeguarded and receive top-notch customer care.
On the Exness platform, traders have two primary account types: Standard and Professional accounts. Each type is tailored towards different trading styles and levels of experience as well as particular market conditions.
Standard accounts are the most popular type of account offered by most forex and CFD brokers. They're suitable for both novice and experienced traders alike, providing them with the opportunity to practice their trading techniques without risk of loss.
This account offers clients the flexibility to select their preferred lot size when opening or closing positions. The minimum trading volume required is one lot.
Exness offers several accounts in addition to the Standard one, for traders' specific needs. These include Raw Spread (which functions like a traditional ECN account); Pro (which offers single instant execution); and Zero (which features zero pip spread on 30 pairs).
These accounts offer unlimited leverage and an infinite number of open orders. Furthermore, they provide negative balance protection as well as segregated client funds.
Kenyan traders have several payment methods available to them for withdrawing money from their accounts, such as bank cards, e-wallets and online transfers. To make a withdrawal, log in to their Personal Area and follow the instructions there; typically they'll receive confirmation codes via email or SMS to confirm the transaction.
Spreads from 0 pips
Spreads are an integral factor in forex trading. They represent the difference between the bid price and ask price, which varies depending on your account and currency pair traded; major pairs typically average around 1 pip.
Exness offers a range of accounts to suit different traders' needs. You can opt for either a basic one with no commission trades, or upgrade to an advanced one that grants unlimited leverage. Furthermore, you can open a zero account which provides fixed 0 pip spreads on the top 30 most popular instruments.
The broker's website is user-friendly and provides an insightful overview of its services and fees. Furthermore, there is a comprehensive selection of support options such as live chat and email.
Funds can be deposited and withdrawn through a variety of methods, such as Bitcoin, Tether, SticPay, Neteller, Skrill, WebMoney and credit cards. Processing times depend on the chosen method but are usually instant.
Exness offers CFDs on a range of currencies, as well as stocks, indices, metals and commodities. As an established brokerage with multiple international governing bodies, Exness gives traders peace of mind when trading financial assets.
Exness is both licensed and regulated, plus they boast an impressive client support system to assist with any problems you may encounter. Their team is available in 13 languages through live chat, telephone or email - providing the perfect solution for every issue!
Exness' customer support system is one of the cornerstones of their service, providing 24 hour live chat support in any language you desire. Exness' live chat is truly top-notch - an integral component of their operation.
One great benefit of Exness is its Negative Balance Protection (NBP). This safeguards your funds in case there are any losses if there are negative balances on your account.
Exness is an ECN broker, using its extensive communication network to connect clients with liquidity providers from around the globe. As such, Exness' prices are usually tighter than what you would find if trading directly on the market.
Exness is a popular broker among Kenyan traders and offers several features, such as its free demo account. This is an excellent opportunity to test strategies and get acquainted with the platform before trading with real funds.
The company's powerful trading platform is available in two forms: web and desktop. Both provide extensive functionality and the freedom to trade from anywhere on a secure network. The web version is ideal for novice traders as it can be accessed directly through browser, while desktop versions provide more advanced customisation of charts and indicators.
Mobile trading is an essential element of any successful Forex strategy, and Exness provides a mobile app with all the essential trading tools and features. Compatible with both iPhone and Android devices, this app can be accessed from anywhere.
To open an account with Exness, you'll need to provide some basic details and proof of identity. This could be in the form of a passport, driving license, national ID card or other government-issued document. After being verified, you can deposit up to 50,000 USD and begin trading immediately.
You can open a Pro account for minimum commission-free spreads of 0.6 pips and maximum leverage of 1:2000. The platform is user friendly with access to technical analysis tools and expert advisors.
The broker's website provides detailed information about account types and offers up-to-date trading news and research. You can access these resources either from the home page or by logging into your personal account.
Exness' live forex market is renowned for providing valuable insights into the market and teaching traders about effective trading techniques that will maximize profitability. Not only that, but its education materials and webinars also offer invaluable guidance to new and experienced investors alike.
Exness offers a comprehensive selection of trading instruments, with 107 currency pairs available to trade. This includes majors and minors as well as exotics and cryptocurrencies.
Exness Kenya is a well-established online CFD broker that offers several features to enhance traders' experiences. This includes an extensive research and education section, as well as an expansive product selection featuring 107 currency pairs.
The company provides a robust selection of payment options and helpful customer support in multiple languages. Furthermore, the site is user-friendly with a free demo account so you can get started right away.
When selecting an online CFD broker, it is important to weigh the fee structure of each option before depositing your funds with any particular service provider. Doing this will enable you to make an informed decision and prevent you from being taken advantage of with overpriced deals.
It is wise to evaluate a broker's security measures and customer service. A high level of customer support is paramount in keeping your money safe.
The ideal customer support options will offer features such as chat services and email notifications that guarantee your queries are answered promptly. Moreover, they should provide answers to complex questions clearly and concisely; this makes it easier for you to stay abreast of developments in online CFD trading. Whether you are a novice or an experienced trader, having good quality customer service should be one of the deciding factors when selecting a CFD broker.