Exness Commission Kenya Review
Exness is a multi-asset broker that gives clients access to over 30 instruments, such as Forex and metals. It holds licenses from multiple financial regulators which guarantee client funds are safeguarded.
Exness is proud to be a member of the Capital Markets Authority (CMA) in Kenya, giving it access to secure forex trading for Kenyan investors under strict regulatory oversight.
Online CFD trading
The Exness commission Kenya strives to offer secure and fair forex trading services in Africa. It also grants access to a variety of financial products and resources, such as online CFD trading on some of the world's premier markets.
The company provides online trading in a range of financial markets, such as stocks, cryptos, currencies, commodities and energies. Its products are regulated by multiple third-party authorities to give clients peace of mind through negative balance protection and segregated client funds.
Demo accounts allow traders to test their strategies, gain experience and explore the broker's services without risk of loss in real market conditions. They come in multiple languages and can be accessed from any device.
There is a range of account types to suit traders with various levels of trading expertise and distinct trading styles. Standard and Professional accounts come with their own features tailored towards individual preferences, while Individual accounts provide additional flexibility.
Both account types offer similar basic capabilities, yet differ in terms of leverage, spreads and margin requirements. While the Standard Account is suitable for most traders, the Professional Account caters to more experienced investors with superior knowledge and trading abilities.
Exness' powerful trading platform boasts superior market conditions on the world's financial markets, offering stable, low spreads and reduced slippage. Plus, it provides flexible leverage up to unlimited with no stop outs or instant withdrawals.
Additionally, it offers an industry-leading mobile trading platform and 24-hour support via live chat, email and phone. Furthermore, the firm provides a selection of educational tools and guides to help traders hone their trading skills.
Exness is a leading multi-asset trading firm and holds multiple licenses from different financial regulatory authorities. These include the UK's Financial Conduct Authority (FCA), CySEC, Seychelles and South African regulators.
Exness has a global reach, with headquarters in Cyprus. It operates two primary units - Nymstar and Vlerizo - both licensed by the Seychelles Financial Services Authority (SFSA) while Vlerizo falls under South African FSCA regulation.
Spreads
Exness is a leading forex broker that offers an array of CFDs. Their product offerings span across currencies, precious metals, energies and indices; plus they're regulated in multiple jurisdictions to accommodate traders from around the globe.
They provide accounts with a range of features, such as commission-free trading. Their spreads vary depending on the account type you select but tend to be tight. Furthermore, they provide negative balance protection.
The standard cent account is an ideal option for new traders, offering stable spreads, market execution and no requotes. Plus, with its low minimum deposit of just $1 and minimum trade lot size of 0.01 cents, this account makes trading accessible to everyone.
This account is accessible on both MetaTrader 4 and MetaTrader 5. The maximum leverage offered is 1:2000, there's no trading commission, and spreads start from 0.3 pips.
Accounts exist to suit different needs, but most traders will find the standard cent account sufficient for their trading requirements. Alternatively, traders have the option of opening a Raw Spread account which requires a $200 minimum deposit.
If you want to trade with a high amount of leverage, the Pro account is your best bet. The platform offers an extensive selection of shares from US and Chinese companies as well as multiple indices and sectors to choose from.
For instance, the S&P 500, DAX 30 and Nikkei 225 can all be traded with leverage of up to 1:5. They also provide silver and gold CFDs with leverage of up to 1:2000 on these currencies.
In addition to CFDs, the company provides spot contracts and futures for commodities like silver, gold, platinum, and palladium. While their selection is not as comprehensive as some of their South African competitors', it still provides a good range of instruments suitable for both novice and experienced investors alike.
Exness is a popular option for traders seeking an experienced CFD broker with competitive fees and spreads. They are regulated by multiple top-tier financial regulators, providing traders with a secure trading environment.
They provide a range of convenient deposit and withdrawal methods, such as bank cards, e-wallets and crypto wallets. Withdrawals to Nigerian bank accounts can be completed within 24 hours via online transfer, 3 business days for e-wallets, and 10 business days for credit and debit card transactions.
Trading conditions
Exness commission Kenya trading platform offers a wealth of features designed to assist traders in trading successfully. These include an efficient platform with low spreads, leverage (in some cases), free VPS hosting, and access to educational content from around the world.
Furthermore, the broker provides a demo account for novice traders to help them learn the fundamentals of Forex and CFD trading before investing real funds. This account enables them to practice trading without risking anything but their knowledge base.
Traders can access the Exness MT4 trading platform, which is accessible in both desktop and browser-based versions as well as mobile apps. With its intuitive user interface and robust feature set, this platform appeals to traders of all skill levels.
Another advantage of using the MT4 platform is its global accessibility; traders can open and close positions from virtually any location, enabling them to work from home or other remote locations without worrying about not being able to access their trading account.
Furthermore, the MT4 platform features an economic calendar to keep traders abreast of market events. This feature displays daily video clips and a brief technical analysis so traders can better prepare for upcoming occasions.
The Trading Central Indicator is an invaluable asset for MT4 clients, superimposing Trading Central's technical analysis strategies, forecasts and commentary onto a live chart. This makes it ideal for traders as they craft their own trading strategies and can even help identify potential opportunities before they arise.
Muslim traders can take advantage of the Islamic Account option, which offers them the chance to trade financial markets without incurring interest. This is particularly helpful for Muslims who may feel compelled to refrain from trading forex due to religious beliefs.
Exness' customer service team is accessible in English 24 hours a day and on weekends, as well as via telephone and online chat. The broker has an expansive help centre that offers advice on various topics from funding questions to technical difficulties.
Exness' trading platform provides access to an extensive selection of instruments, such as stocks, indices, currencies, gold, silver, energy and metals. Furthermore, its variety of accounts and cutting-edge software provide excellent trading conditions for both novice and experienced investors alike. Furthermore, Exness requires low minimum deposits and offers speedy withdrawals.
Customer service
Exness is one of the world's leading CFD brokers, offering a vast selection of financial products and services. Additionally, its customer service department operates 24/7 to assist clients with whatever need arises.
Customers of this broker can open an account quickly and deposit funds using multiple payment methods. Furthermore, customers have the added bonus of withdrawing their funds quickly - money will be credited to their accounts immediately upon making a request.
Before traders can begin using Exness, they must provide some basic information about themselves. This can be done by filling out their economic profile and providing proof of identification or residency documents. The company will verify the accuracy of this data before granting permission for them to utilize their account.
Verification of documents can take up to 30 days. Once it's completed, you will have full authorization to deposit and withdraw funds. If you have any queries during this time, please reach out to customer support for assistance.
Exness is a popular CFD broker that boasts high security and regulatory oversight. This guarantees you can trade without the fear of losing funds, as the company provides various trading tools and strategies to help minimize those risks.
This broker is ideal for those wanting to learn about CFD trading and become experienced traders. It boasts an intuitive platform with numerous features, as well as excellent customer support.
Thus, it's easy to see why this broker has become so popular among Kenyan traders. It is licensed in multiple countries and provides a range of account types and financial products. Furthermore, the firm boasts an excellent reputation for high-quality customer service as well as being one of the most secure brokers in the industry.
Exness' website is accessible in 18 languages and translated into 13 additional dialects, making it simple for international customers to navigate the platform. Furthermore, their customer service team is available 24/7 with multi-lingual capabilities.