How to Make a Kenyan Withdrawal Without Verification
On February 16, 2023, Exness will request information about you including:
Proofs of Identity (POI) and Proof of Residence (POR). We require these documents to verify that you are the legitimate account holder.
Once you have provided all necessary information, you can continue with the registration process and begin trading with Exness.
Proof of Identity
Kenya has made it increasingly difficult or impossible for members of certain ethnic groups to obtain national identity cards, birth certificates and passports. Many citizens living along Kenya's borders - including those from neighboring Somalia - are affected by this policy and often lack the documents required to prove their citizenship.
Meimuna Mohamood, a resident of Garissa in the northeastern part of Kenya, has been unable to obtain birth certificates for her children for years due to not meeting the necessary qualifications. Furthermore, she can't prove her residence in an area even though she resides there.
The government has attempted to address these issues through the NEMIS program, which provides a single identity document for all children in Kenya. While its aim is to make it simpler for school-going children and their parents to acquire ID cards, critics say NEMIS has made it more difficult for those living in rural areas and small towns - particularly minority groups - to prove their identity.
Unfortunately, many have been turned away by the system or forced to pay additional fees. Those unable to cover these costs cannot obtain ID cards or access other benefits like bank accounts or M-PESA cash transactions because they lack necessary documents.
There are a number of reasons why this may be happening. First, many people in rural and small towns lack the necessary documents to apply for a national ID card. This could be due to not having access to banking services or having somewhere safe to store their child's school documents. Furthermore, they may lack land titles - another requirement for receiving a national ID card.
Third, many people lack access to mobile phone networks and thus cannot scan their documents into the NEMIS system. As a result, these individuals must take photos of their documents which may prove challenging.
The NIIMS process is intended to make it simpler for Kenyans to access government services and enhance the accuracy of data stored in national databases. Furthermore, it promises to reduce costs and streamline acquiring national ID cards.
Proof of Residence
In order to withdraw funds from your account without verification, Exness requires proof of residence and identity. You can either send a copy of your passport or utility bill with your name and address on it.
Submitting documents is a straightforward process, and once uploaded, they will be verified by Exness. After your documents have been approved, you can withdraw funds from your account.
Once you submit your identity and residency documents, you will receive a confirmation email. For further details, you may check your personal area. If any queries arise, feel free to reach out to our customer support team for assistance.
Once your documents have been verified, you can deposit and withdraw money in the same currency as your account. However, if you opt to change currencies during these processes, a conversion rate may apply.
Kenyans who reside in Nairobi can utilize Exness's mobile app for deposit and withdrawal funds. This platform enables you to monitor your account and trade from anywhere. Plus, Exness' iOS and Android applications let you receive push notifications and communicate with other traders.
Trade a range of markets, such as currencies, precious metals, energies and stocks/indices with this broker. It is one of the leading providers of CFD trading and offers leverage up to 1:200 on many products.
Exness has an excellent reputation within the industry and is regulated by both FSCA (South Africa) and FSA (UK). They are renowned for their reliable customer support and high-quality services.
The company provides access to more than 100 forex pairs, 30 cryptocurrencies, precious metals, energy and stock markets. Furthermore, they provide a suite of trading tools as well as an expansive educational library for traders.
MetaTrader 4 and MetaTrader 5 platforms enable traders to conduct trading, deposit funds and withdraw profits in more than 200 instruments. Exness also has a comprehensive mobile app that enables Kenyans to trade from anywhere with just one click - perfect for on-the-go trading!
Exness has become a highly sought-after broker among Kenyan traders, offering them an easy first time deposit of just $10 to begin trading with this broker and enjoy leverage up to 1:2000. Plus, Exness provides regular monthly payouts as well as incentives for superior performance.
If you have already registered with Exness and wish to withdraw your funds, the broker requires a verification code. This can be done either through your personal account or by contacting customer support.
If this process isn't done correctly, your account could be suspended and all funds blocked. Please ensure you provide accurate information about your identity and residency; these documents can be found on our website or requested from our customer service team.
Additionally, you must verify your email address to avoid fake accounts or those who are not the actual owners of an account. Once verified, trading will be seamless without any issues.
To begin the verification process, Exness requires you to provide them with a verification code sent directly to your phone. You'll receive an SMS on completion of this step that confirms receipt. Note: the code is only valid once.
This process is straightforward and only takes a few seconds. Additionally, you have the flexibility to change your phone number at any time; however, keep in mind that doing so counts towards the daily limit of five attempts.
Deposit and withdraw money from your Exness account in Kenya using various payment methods, including bank transfers. These options are fast, dependable and secure.
Traders can utilize various mobile applications to access their trading accounts and connect with other traders. These apps come in both iOS and Android formats, offering real-time price movements, charts, and other critical trading data.
The primary advantage of mobile applications is their accessibility; they can be used anywhere and offer Kenyan traders the convenience of trading while on-the-go.
The company provides a wide range of products and services, such as 107 currency pairs, 81 stocks and indices, 7 cryptocurrencies, 12 metals and energies - enabling clients to select the assets most suitable for their needs and trading style. Furthermore, the firm boasts high-quality customer support with competitive spreads.
Minimum Deposit and Withdrawal Requirements
Exness is a globally-recognized forex broker with thousands of active traders. Regulated by CySEC, FCA, and FSA in Cyprus, UK, and Seychelles respectively, Exness provides an array of trading accounts and instruments to its clients.
The platform is accessible in 14 languages, with clients being able to access MT4 and MT5 desktop applications as well as the MT4 WebTerminal and MT5 Mobile applications for both iOS and Android devices. Furthermore, there are a range of educational tools and multilingual support across both its terminals.
Exness offers traders access to a comprehensive suite of financial markets, including forex pairs, stocks, cryptos, precious metals and energies. They can choose from nine distinct account types with various minimum deposits required, trading platforms and execution types.
No fees apply to deposits and withdrawals, and a variety of payment methods are supported, making it simpler than ever to fund and withdraw your profits. However, some funding methods may charge an extra fee so be sure to check before using them.
When making a withdrawal, Exness will send you a verification code to confirm the transaction is legitimate. This is an excellent way to protect your funds since it prevents unauthorized parties from transferring funds from your account to their own.
Withdrawals can be made through popular ewallets and cryptowallets such as Skrill, Neteller, Tether, Perfect Money and Webmoney. These methods enable you to deposit and withdraw your funds instantly, with availability in many regions around the world.
The only disadvantage to these payment methods is that they're usually only available in your local currency, which could lead to exchange rate conversion fees when withdrawing funds from another base currency. Thus, opening an account denominated in one's home currency is recommended if trading at high volumes or avoiding such conversion fees is desired.
Exness is a good all-around broker for most traders, offering support for MT4, MT5, its proprietary platform and excellent customer service. Furthermore, Exness' entry-level accounts come at low costs with favorable trading conditions on its Pro Accounts; however, Exness' high leverage levels and low minimum deposits could increase your risk of account wipeout.