Reviews About Exness From Clients In Egypt
Without researching and reading reviews about a broker, you cannot be sure the trading platform is ideal for your style of investment. Also, you need to verify that the platform is not a scam, which means it must be duly regulated. In this article, you will find Exness reviews in Egypt. The information available in this post will include the experiences of previous and active traders, Exness regulators, etc.
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How to start trading with Exness in Egypt?
To begin, open a trading account with the broker by visiting the Exness website. Follow the on-screen instructions to register by entering your real name, email, etc. Then, submit the required verification documents, such as an ID and proof of address, to meet regulatory standards. Once your account is verified, deposit funds into your trading account using one of the available payment options. Choose a trading platform that suits your preferences and start monitoring the markets. Utilize trend analysis methods and stick to your trading plan. Protect your capital by employing risk management techniques.
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Do Exness clients recommend this broker to others, and why? (According to reviews on Traders Union - yes)?
Yes. Exness clients recommend this broker to potential traders. This broker is a safe and reputable trading platform, considering the licenses it has been issued by more than five regulators from different countries. Since being regulated by top financial agencies indicates that a broker is legal, Exness leads the brokers recommended by expert traders. Additionally, the broker's user-friendly platform, low transaction costs, competitive commissions and spreads, and vast trading instruments make it a top option for new traders.
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Is Exness a good choice?
Yes. Exness is a good choice of trading platform as it integrates sophisticated tools that can aid beginner and professional traders in the trading industry. This includes:
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Copy trading system
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Different trading platforms
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Charts and indicators
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Low minimum deposit
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Fast deposit and withdrawal methods, etc
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Why should I read reviews about Exness?
Reading reviews about Exness will help a trader know if what the broker claims to offer is available for traders. You can find out if a broker pays out profit and the time it takes to deposit or withdraw from the platform. In a nutshell, reviews can tell if Exness is a scam or a genuine broker.
Exness reviews from traders in Egypt
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Comment
I want to share how fast Exness and their team is to respond when you need help. I've gotta say, lam impressed. Whenever I've had a question regarding the site, their support team has been right there, ready to lend a hand. There was this one time I had an issue with a trade, and I needed help ASAP. I referred to their site which stated that their online support was available 24/7, so I gave it a shot and got a reply almost immediately. It's like they're always on standby, ready to tackle any problem that comes their way. Every time l've reached out, they've been super friendly and actually solved my problem.
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Comment
So far, moving money around with Exness has been smooth and easy for me. Whether I'm depositing funds to jump on a trading opportunity or cashing out my profits, the process has been hassle-free. One thing that I greatly appreciate is the responsiveness of their site in processing deposits. Accessible buttons are all over the site so no troubles are encountered trying to find that specific button to do that one thing. On top of that, on the off chance that you're experiencing delays, people from their team are easily approachable to help you out. If you're after a broker that handles your funds smoothly and has your back when things don't go as planned, Exness is worth checking out.
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Comment
Traders can utilize the risk management features available on Exness to minimize the risk of losing trades easily when they are trading cryptocurrencies like Bitcoin. This has become a popular strategy among traders of all levels and it is recommended. Doing this is easy on Exmess, you can set the volume in units for your BTC,volume in lots, and volume in currency. Including a stop-loss order helps to limit potential losses by automatically closing a trade when the price reaches a specified level. To use a stop-loss, determine the level at which you are willing to accept a loss if the trade moves against you. A take-profit order is used to lock in profits by automatically closing a trade when the price reaches a specified level. To use a take-profit determine the level at which you want to take profits if the trade moves in your favor.
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Comment
I consider Exness to be a straightforward and reliable broker. This company has been operating for a long time, and many traders trust it. The broker holds several licenses depending on the country where the company provides services. One of the company's features is the ability to open an account in any convenient currency, although I prefer euros. Also, Exness offers a wide range of trading instruments, and I mainly use highly liquid currency pairs.
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Comment
I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them oliviatrader 44 at gmail com WhatApp +1 (423) 248 - 2140
Is Exness legal in Egypt?
Exness is a safe and legal trading platform offering traders in Egypt top passive income opportunities. Despite not having a license in Egypt, Exness is governed by financial regulators in well-known countries. These include:
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Cyprus Securities and Exchange Commission (CySEC, 178/12)
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Seychelles Financial Services Authority (FSAS, SD025) South Africa Financial Sector Conduct Authority (FSCA, 51024)
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Financial Services Commission (FSC, SIBA/L/20/1133) - British Virgin Islands
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The Financial Conduct Authority in the United Kingdom (FCA, 730729)
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Financial Services Commission (FSC) - Mauritius
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The Capital Markets Authority (CMA, 162) - Kenya
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Central Bank of Curacao and Sint Maarten (CBCS, 0003LSI)
Actively trading Forex since 2008, Exness operates through several affiliated entities that provide a broad range of multi-asset financial services. All Exness entities strictly adhere to regulations and guidelines set by relevant regulatory bodies, ensuring consistency across their offerings. To cater to traders in Egypt adhering to Sharia law, Exness provides an Islamic account. This account grants access to a wide array of trading assets, including Forex, indices, commodities, and cryptocurrencies, in compliance with Islamic principles. The broker follows the Egyptian authorities' financial protocols within its operational framework.
Moreover, Exness offers negative balance protection, safeguarding against losses in case an account balance reaches zero. The broker's services are designed to provide traders with favorable conditions, such as competitive commissions, fast order execution, and seamless fund withdrawal processes. Traders have various account opening options, including the demo account, which serves as a valuable training tool for traders of all levels of experience.
Short summary about Exness
Exness has been an active participant in the Forex market since 2008 and ranks 2nd among 396 companies in the TU Ranking, based on an evaluation of over 100 criteria and an account opening test. Exness is also a member of the Financial Commission, providing insurance coverage of up to EUR 20,000 per client in case of force majeure.
The broker offers a wide range of financial services through its affiliated entities, with a leading position in Forex ratings and a monthly trading turnover exceeding 3000 billion USD. Exness provides CFDs for cryptocurrencies, stocks, over 120 currency pairs, energy, and metals. Traders have various options for opening accounts to suit their needs, including access to a demo account for training purposes.
Exness supports trading in 35+ currencies, with minimum deposits starting at $1 (amount may vary based on account type). Leverage options range from 1:2000 to 1:Unlimited, with conditions applicable for opening positions and trading volumes. Spreads vary depending on the account type (Standard, Standard Cent – from 0.2 pips; Pro – from 0.1 pips; Raw Spread, Zero – from 0 pips; Standard Plus – from 0.8 pips). Traders that use Exness's service can benefit from the broker's low commissions, fast order execution, and fund withdrawals.
Is Exness good for beginners?
Exness is an excellent trading platform for Egyptian Forex or stock trading newbies who have no prior trading experience in the Forex or stock markets. Beginners can easily navigate and execute trades on this platform because of its user-friendly design. By using the copy trading system, new traders can begin trading as soon as they create an account and replicate the trades of more seasoned and successful traders.
Exness provides inexperienced traders with a demo account so they can learn how to create trading strategies and about the financial market without having to risk real money. Before switching to live trading, beginners can greatly benefit from using the demo account to get comfortable with the trading process. Exness also offers instructional resources, including tutorials and articles, to assist novices in learning the fundamentals of trading.
Furthermore, Exness's customer support team is quick to respond and ready to help traders with any queries or problems they might run into while trading. Beginners can rely on the support team for help with placing trades, depositing funds, or withdrawing funds from their accounts.
For long-term trading success, it is critical that inexperienced traders only invest money they can afford to lose, continue their education, and keep up with market developments. Overall, Exness is a beginner-friendly platform with a low minimum deposit requirement, making it accessible to new traders who may not want to invest a large amount initially.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).