Exness Kenya - How to Trade Bitcoin on Exness Kenya
Exness provides free crypto trading on many of the most sought-after digital assets. Traders can invest in Bitcoin, Ethereum, Litecoin, Ripple and many other digital coins without incurring a commission fee.
Exness also offers a fixed maximum leverage for most digital instruments, making it especially advantageous to gain profits through small trades.
Online CFD trading
Exness is a premier trading platform with superior market conditions on the global financial markets, offering CFD trading on forex, cryptocurrencies, shares and indices. It features an easy-to-use user interface as well as an app for account management, placing trades and monitoring performance.
The broker also provides VPS hosting and an education resource section in five languages with clearly explained content and instructional videos. Customers can take advantage of its mobile trading apps to trade while on-the-go.
Exness Kenya provides multilingual customer support via live chat and email, making it convenient for customers to communicate with company staff in their native tongue. This ensures smooth transactions and high levels of satisfaction.
Furthermore, the broker's customer service is available 24/7. As such, it has earned a reputation for being one of the most dependable online forex brokers in Kenya.
It provides an extensive range of currencies, from majors like USD and EUR to minors and exotic pairs. Plus, you can engage in CFD trading on precious metals, energies, stocks and indices as well.
Exness Kenya provides a variety of deposit and withdrawal methods, such as bank cards, FasaPay, Skrill, Neteller, Perfect Money, Tether and Webmoney. Please be aware that some of these payment options may not be available in your country.
Another advantage of Exness is its extended swap-free level, which permits clients to hold overnight positions without being charged any fees for XAU/USD, indices, cryptocurrencies and stocks. This is especially advantageous for investors hoping to benefit from the growing popularity of cryptocurrencies.
Additionally, it provides a free demo account for traders to test the waters before investing actual funds. This is an ideal way to determine if the platform meets your requirements and ensure that it adheres to all relevant regulations.
Exness boasts an expansive selection of currencies and is one of the few brokers to provide a zero-commission account. This account features no commissions on trading and a low minimum deposit requirement. Plus, it offers various account types and leverage levels.
MetaTrader 5
MetaTrader 5 is an advanced trading platform designed for use on the global financial markets. It boasts a robust suite of analytical tools for price analysis and other useful functions like Market Depth - which displays the top bids and offers for any security. Furthermore, it comes with multiple technical and graphical indicators.
It has been designed to be user-friendly and versatile, yet providing advanced technical capabilities for successful trading. The trading terminals come in 31 different languages and support a range of currencies.
Traders can access MT5 on PCs, Macs and Linux systems. There are various versions of the trading software available such as MT5 Web and MT5 Mobile; both accessible through a browser and offering various trading features like charting.
However, some traders may find the web version of MT5 less user-friendly than its desktop counterpart. The desktop versions offer greater customizability and offer more advanced charting and analysis tools.
One of the key considerations when selecting a forex broker is customer service. Exness excels here, offering 24/7 assistance through multiple languages, phone calls and emails.
Another consideration is the variety of account types available to traders from novice to expert. The standard account offers commission-free trading on MetaTrader 4 and MetaTrader 5, with spreads starting at 0.3 pips and no requotes.
The professional account is a more sophisticated trading option that provides various trade types and leverage levels. It is available on both MetaTrader 4 and MT5, featuring features such as automated order execution and market depth.
Furthermore, the professional account offers unlimited leverage and is perfect for experienced traders looking to trade larger volumes. Furthermore, it features an automatic stop-loss system and customizable stop limit orders.
The MT5 trading terminal features news and economic calendars to help traders make informed decisions and avoid potential pitfalls in their trading strategies. It also comes equipped with technical indicators, a comprehensive suite of analytical tools, as well as an integrated currency tester.
Exness Terminal
Exness provides its clients with an innovative trading platform on the world's financial markets. Its tools support all devices and are available in multiple languages, making it ideal for traders who need to trade on-the-go.
Exness allows you to trade forex and CFDs from any computer or mobile device with access to a wide range of instruments. MetaTrader 4 and MT5 trading platforms enable you to design, implement, and execute strategies with flexible features and advanced charting tools.
This powerful trading platform enables you to trade on a variety of currencies and CFDs, such as gold, silver, oil and cryptocurrencies like Bitcoin or Ethereum. It boasts numerous analytical objects and 30 pre-built technical indicators with the option to customize them.
The terminal also allows traders to trade in real time with its Market Watch feature, providing all relevant market data needed for informed decisions. This includes live prices and spreads for all CFDs offered by Exness as well as charts, indicators, and other tools.
Traders can deposit and withdraw funds using a variety of methods, including bank transfer, debit/credit cards, as well as e-wallets. Withdrawals usually go through instantly; however you should check with your broker's website for details on any fees that may apply.
Before trading with the Exness terminal, you must first register and verify your account. Doing this helps safeguard both personal and financial data. To do this, visit the Exness website and follow their instructions to complete registration.
Exness offers various account types and a zero-spread account which does not charge commission on trades. The broker offers tight floating spreads starting from 0.3 pips on the Standard Cent Account and 0.1 pips on the Pro Account.
This account type is ideal for beginners who need an easier entry point into the forex market. You can also try out their Demo account to gain a better understanding of how things work before investing your own funds.
Security measures
Cryptocurrencies such as Bitcoin provide a secure, decentralized means of exchange that does not need government authorization. They enable direct transfer of funds, making them ideal for e-commerce, payments, and remittances.
Crypto currencies are created through a process known as mining, in which computers verify and add new entries to the blockchain. This ensures there are no duplicate transactions and that the value of the currency remains constant.
Cryptocurrency trading can be a lucrative opportunity to make money, but it's essential to do so responsibly. This involves researching the market thoroughly, diversifying, using stop-limit orders and avoiding FOMO (fear of missing out). Furthermore, using leverage may allow for higher returns with smaller initial capital investments.
Ethereum, Bitcoin and Ripple are three of the most prominent cryptocurrencies worldwide. These digital assets have gained prominence due to their capacity for solving issues faced by traditional fiat currencies, such as low liquidity and expensive fees. Furthermore, these coins can be traded across borders - making them ideal for e-commerce activities and international trade.
With so many cryptocurrencies on the market, it's essential to choose one with a reliable reputation and secure network. Some coins may be vulnerable to theft, such as Monero which was hit by several major hacks in 2018.
There are various ways to trade responsibly. For instance, using a demo account allows you to experiment with strategies and techniques without risking real market exposure. Furthermore, various risk management tools like stop-limit orders and market alerts can be employed as well.
You can set limits on your trading volume and monitor the performance of your portfolio. Doing this helps you keep tabs on losses and recognize when to sell.
Despite these security measures, there's always the risk that you could lose more money than intended. Therefore, it is critical to follow your broker's rules and only invest what you can afford to lose.
Trading responsibly is essential when trading the spot market or futures and margin. Utilizing tools such as MetaTrader 5 or Exness Terminal can help monitor your trading activity and avoid emotional factors like FOMO (fear of missing out). This is especially pertinent if using leverage in trading.