A Guide on How to Play Exness in Kenya
As you begin your trading journey with Exness, here's a guide on how to set up and access your Exness account.
To deposit funds into your Exness account, first create an account using your phone number and country code (+254 for Kenyans). Afterwards, M-Pesa can be used to fund it.
To start your trading journey with Exness
Kenyans looking to trade on the financial markets via mobile device can sign up for an Exness account and start trading from their phone. The Exness app provides a secure, regulated environment with numerous trading tools like forex, CFDs, commodities, shares, indices, and cryptocurrencies.
Exness is a trusted, legal brokerage firm licensed and regulated by multiple authorities around the world. They provide various trading platforms, a low minimum deposit requirement, and superior customer support.
They provide free practice accounts to Kenyans to learn the fundamentals of trading and hone their risk management abilities. Traders can practice using the broker's platform by engaging in trading simulations to become familiar with its features, refine strategies, and test new trading techniques.
For traders new to trading, the Exness demo account is an ideal starting point. It's free and allows traders to trade virtual funds while testing out their strategies.
At Exness, there are various trading accounts tailored to suit your skill level and experience level. These include Standard, Standard Cent, Raw Spread, Zero and Pro accounts.
To open an Exness account, you will need to supply valid identification and proof of address. Additionally, you must answer a brief questionnaire about your economic knowledge and background. Once selected, you can choose the type of account and make your initial deposit.
Launching the app is a breeze. It connects directly to one of 64 Exness servers worldwide, providing fast trade execution under secure online trading conditions.
The app is compatible with a variety of operating systems, such as Windows, Linux (MetaTrader 4), Mac and iOS. It boasts an array of useful features like market news, analysis and trading alerts.
This trading app boasts a user-friendly interface to make it simpler for Kenyans to use. Additionally, it provides an extensive collection of trading tools and charts.
The Exness platform offers a vast selection of instruments and asset classes, making it suitable for traders of all levels of expertise. Additionally, the platform provides charting, technical and fundamental analysis, position management software, as well as being compatible with desktop, web browsers, and smartphones.
How to get your Exness account up and running
Exness Kenya is a forex broker that provides an effortless trading experience. It's accessible in multiple languages, supports various local currencies, and provides numerous deposit and withdrawal methods. Furthermore, Exness Kenya provides various account types to suit traders of all skill levels.
To get started with Exness, you must open an account and register your personal details. Doing this ensures your trading account remains secure from any fraudulence or scam activity. To verify your identity, submit a copy of both your ID and proof of domicile.
Once your account is set up, you can begin trading real money using your Exness Kenya app. Traders have several account types to choose from: Standard, Pro, Zero and Raw Spread accounts. Each has its own advantages and drawbacks so be sure to carefully consider which one best meets your needs before making a final decision.
Standard accounts are ideal for both novice and experienced traders alike, as they provide a user-friendly interface. Plus, it gives you the chance to hone your skills without fear of financial loss.
For advanced traders, the Exness Pro account is an ideal option. This type of account offers numerous advantages like unlimited leverage and the capacity to trade large sums of money at low cost. Furthermore, it provides various tools and resources for trading.
Exness Kenya app offers multiple funding options, such as internet banking, bank cards and e-wallets. Furthermore, there are no fees associated with deposits or withdrawals.
Funds can be transferred to and from your Exness account in foreign currencies through online banks, Bitcoin, VISA, Mastercard, Perfect Money, WebMoney, NETELLER, Skrill or Internal Transfer. Furthermore, you are also able to transfer funds from one Exness account in another country via internal transfers.
Exness is a renowned global multi-asset forex broker known for offering superior trading conditions. It provides various trading products, such as cryptocurrencies, Forex pairs, commodities and stocks as CFDs. Regulated by several financial authorities including the UK's FCA and Cyprus' CySEC, Exness boasts an impressive list of satisfied clients.
How to deposit money
Depositing money into your Exness account is simple and can be done through various payment options, such as credit cards or popular e-wallets. However, be mindful of potential transaction fees or charges applied by your bank, credit card provider or payment system.
Depositing into Exness is simple and fast; you can fund your account in a range of currencies. Most deposits are free-of-charge; however, please be aware that some credit card providers or banks may charge an additional transaction fee or commission that is outside the broker's control.
Withdrawals from your Exness account are instant, and you have a variety of banking options to choose from - including popular e-wallets like Skrill, Neteller and WebMoney as well as local bank transfers in South Africa.
The process is fast, with most withdrawal methods taking just 24 hours to complete. Please be aware, however, that certain withdrawal methods may take longer to process than others.
One of the great advantages to trading with Exness is its wide range of accounts, each offering different spreads and features. For instance, their Standard account boasts lower spreads than most brokers, while some Pro accounts even provide cheaper spreads.
Exness provides more than just the standard MT4 and MT5 trading platforms, offering a suite of innovative tools to make forex trading easier. These include automated strategies and an adjustable stop loss feature that helps minimize risk when trading forex online.
Once you are ready to begin trading, money can be deposited into your Exness account via various methods such as credit cards or popular e-wallets. These can be accessed via the website or mobile app.
Exness also accepts deposits through local bank transfers in South Africa, from banks such as ABSA, FNB, Standard Bank, Nedbank and Capitec. The minimum amount for a deposit through this method is $10; once the transfer has been completed you will receive the full amount in your Exness trading account.
How to withdraw money
The Exness Kenya app provides a range of methods for depositing and withdrawing funds, such as local bank transfers, e-wallets and credit cards. Furthermore, they support EPS - an electronic paper payment system that offers fast deposits without any processing delays.
The minimum deposit required to fund your account with each of these payment methods varies, but is always cheaper than other brokers' minimums. For instance, the Standard account requires just $10 as a minimum deposit!
Though it may appear like a small sum, it can give you the opportunity to begin forex trading with low spreads and flexible margins. Furthermore, you won't have to worry about dealing with currency conversion fees when withdrawing profits from your Exness account.
Another advantage of Exness is that it's FSCA-regulated, making it one of the safest options on the market. They offer a wide selection of trading accounts with flexible spreads and high leverage available.
They provide 24-hour customer support in 15 languages, including English. The broker's team can answer your queries by phone, email and live chat as well as through their online help centre.
Exness provides a wide range of deposit and withdrawal options, such as popular e-wallets like Skrill, Neteller, Perfect Money, Webmoney and USD Coin. You can fund your trading account in multiple currencies depending on where you reside; simply choose which base currency works best for you!
However, you should be aware that certain e-wallets can only be used in certain countries; so be sure to consult the list in your Personal Area before beginning use.
Make sure to deposit funds in the same currency you plan on withdrawing from your account. Otherwise, a conversion fee may apply from either your bank or payment provider.
To withdraw your earnings, select a withdrawal method from the list in your Personal Area. It's important to remember that some withdrawals may take up to 24 hours to process if they come from non-instant sources such as credit cards or bank transfers.