There has been an increase in the number of people who want to explore the forex market. However, most people are not sure where is the most reliable and secured place to trade. After 2 years of trading, I can assure you that Exness is one the best place for you to become a trader. Here are the reasons why:
Exness is a company specialized in the field of offering forex trading services. They have three entities operating in Europe, Asia, and UK. Since they are one of the biggest trading platforms in the world, Exness is very serious about their security and transparency. You can easily review their financial reports, funds, and clients’ information (visit this link). Their auditor is Deloitte (the biggest independent accounting firm in the world) so you can rest assured all this data is real. Also, their fund in segregated accounts is 40 times worth of the money their clients cash in so you don’t have to worry about losing money due to technical problems or crisis.
Spread is the amount of money that traders have to give back to the broker. Almost all brokers doesn’t charge any commission of traders, so the only way they can make money is through spread. The lower the spread, the less you have to pay the broker.
In comparison to other brokers, Exness has one of the best spreads. Some popular currency pairs such as EURUSD, GBPUSD... usually have the spread around 1 pip, sometimes dropping to 0.5 pip. Exness also has fixed and dynamic (floating) for traders to choose what’s best for their trading strategies. I myself prefer floating spread because it is lower in general and it fits my strategy.
Exness has different types of accounts that are suitable for traders at different levels. For example, new traders can try out the Cent account, which is designed to have low deposit, low spread and good leverage so that you can practice trading. For more experienced traders, there is a Mini account, which is chosen by 80% of Exness traders. The Classic and ECN account is great for professional traders thanks to its best trading conditions in the market.
Exness has a great customer support policy. They can now helping clients in Chinese, Thai, Vietnamese, Bahasa Malaysia, and Persian. Furthermore, they have a 24/7 customer service system that will help you with any problems you encounter, which is super helpful to new traders. You can check their customer service here.
What I love about Exness is that they leave the paying work to the machines, which helps lowering the time it takes you to transfer or withdraw money. If you have traded with other brokers, you can notice how long they take. One more thing, thanks to the fast transferring system, you can easily and quickly transfer your money between different accounts at Exness in less than a minute.