Exness also pays immaculate attention towards their customers’ problems and complaints by offering the best customer support channels, which promise to resolve all issues in a fair manner. Exness consistently ranks among the best in customer support and client retention, which is one of the main reasons behind the broker’s success rate. Traders in South Africa can choose from a wide variety of forex and CFD brokers that are regulated by top-tier financial regulatory authorities. These brokers allow trading through CFDs on various capital markets including indices, commodities, cryptocurrencies, etc. The availability of leverage allows traders to open bigger positions with small initial deposits. metatrader 4 exness download Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
Besides the currency pairs, the choice of markets is limited and all of them are represented via CFDs. Registration of the main platform in an offshore is compensated by licenses in Europe and extensive experience of operation. Cons Conditions for ECN account are worse than average in the market.
You Have To Send An Email To Your Broker
This company is a locally registered International Business Company. The EU-focused branch of the broker is supported by Exness CY Limited, based and registered in Cyprus. Exness UK Ltd. is the FCA-regulated side of the brokerage. However, because the broker is regulated by the CySec, FCA and FSA, there is a high chance that it is not a scam.
Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue. In terms of risk management tools, neither Exness or IC Markets offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited. If you’re looking to trade currency pairs, both Exness and IC Markets offer forex trading. Exness have a slightly larger variety of currency pairs with 103 pairs, compared to 60 offered by IC Markets.
The disappointing thing is that they don’t come out regularly, not even every day. That is clearly not enough for a full-fledged analytical support of the customers. This is an upgraded version of MT4, which fixed some drawbacks of the previous version. In particular, the platform has more advanced system of order placement, improved functionality for timeframe analysis.
Trading Fees On The Index Trading
Less financial products offered as compared to other online brokers of the like. Besides updated news on market researches, website Exness () also provides analytical reports on various financial instruments through its trading channels and intuitive research tools. However, if the clients want to download the platforms that will be at their own discretion as downloading Exness is not mandatory. There are various accessible download links for both the MT4 and MT5 platforms.
You need to add your account information on Cashbackcloud so that we can verify your account and give your cashback. We get money after your activity which we share with you afterwards. And ask them to put your account under our affiliate network. That’s probably because your broker has no affiliate program or simply because we haven’t partnered up with them yet.
Open the “About” section and find legal documents there. The entire policy, from the bonus conditions to the resource terms, is described in detail and transparently in these rules. South Africa is not on the authorized and regulated country list, therefor Exness is not regulated with FSCA in South Africa.