Reviews About Exness From Clients In Germany
Exness is a well-known broker that has been operating in the Forex market since 2008. The company is popular among traders from Germany for a number of reasons, including a low entry threshold and a wide range of financial instruments. How profitable is it to cooperate with this project, and do Exness' promises really correspond to reality? Real Exness reviews of traders from Germany, which describe in detail the process of interaction with Exness, its strengths, and weaknesses, will help us to understand this question.
Despite the fact that Exness broker does not have a BaFin license, the broker actively cooperates with traders from Germany, as evidenced by numerous reviews. Exness reviews in Germany consistently give the project high marks, praising its low entry threshold, unlimited leverage, narrow spreads, adequate commissions, and availability of a training account.
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How to make money with Exness in Germany?
You can either trade on your own or earn passive income by participating in the Exness affiliate program.
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Can I trust Exness?
Feedback about Exness, as seen on the Traders Union website, suggests that traders view the broker as reliable and promising, emphasizing its commitment to safeguarding depositors' funds and personal data. The trust in Exness is also evidenced by its impressive client base - the project now boasts more than 700,000 satisfied investors.
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What are Exness Commissions and Fees?
Yes, Exness has withdrawal and deposit fees. However, the broker does not charge inactivity fees and imposes no swap fees for most popular instruments, including stocks, cryptocurrencies, and gold. Read more about Exness spread.
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Why should I read reviews about Exness?
It is worth reading Exness reviews in order to understand how much the broker's offers match your trading style and expectations.
Exness reviews from traders in Germany
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Exness has been a huge help for me in making many successful trades! Don’t get me wrong, trading isn’t any get-rich-quick scheme. It takes time, effort, and a solid strategy. But with Exness, I've seen some solid returns on my investments. Their platform is super user-friendly, with all the tools and indicators you need to make informed decisions. I've had my fair share of wins and losses, like any trader. But overall, I've managed to grow my account nicely with Exness. Whether it's catching a trend or nailing a well-timed trade, they've provided the platform and support I need to succeed.
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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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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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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.
Is Exness legit? Is it regulated in Germany?
Is Exness regulated by any financial authorities? In Germany, the Federal Financial Supervisory Authority (BaFin) oversees the activities of brokerage organizations. However, there is no information on the Exness website regarding whether it holds a license from the local regulatory authority. Nevertheless, this does not hinder Exness from actively engaging with German traders and providing them with a high level of service.
Exness is a safe option for investors as it is regulated by several authorities, including:
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Seychelles Financial Services Authority (FSA)
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Central Bank of Curaçao and St. Maarten (CBCS)
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British Virgin Islands' Financial Services Commission (FSC BVI)
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Financial Supervisory Commission of Mauritius (FSC Mauritius)
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Financial Sector Supervisory Authority (FSCA)
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Cyprus Securities and Exchange Commission (CySEC)
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UK Financial Conduct Authority (FCA)
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Capital Markets Authority (CMA)
The license numbers can be found on the broker's website in the "Regulation" section.
Another argument in favor of Exness' safety is its membership in the Financial Commission. This means that if the broker fails to fulfill its obligations, each client will receive guaranteed compensation of up to 20,000 euros.
Exness also promises traders multi-factor authentication to prevent unauthorized access to accounts, 3D Secure technology to minimize the risk of fraud, and protection against negative balance. Additionally, depositors' funds are kept separately from the company's funds, ensuring you can have full confidence in the safety of your capital.
Is Exness a good broker for beginners?
Yes, Exness can indeed be considered an excellent choice for novice traders, as the broker combines all the features necessary to provide a first-class trading experience.
The financial agent offers transactions with CFDs on currencies, stocks, indices, commodities, and cryptocurrencies via MT4 and MT5 terminals, as well as its proprietary platform, Exness Trading Platform. Also, here one can read about Exness trading signals.
Key features of cooperation with the project include:
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Minimum deposit from 1 US dollar.
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24/7 support in 15 languages.
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A wide range of payment systems with zero commission (bank cards, Neteller, Skrill, Perfect Money, Webmoney, Tether, USD Coins, etc.).
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Instant deposits and payouts.
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The highest leverage on the Forex market (initially up to 1:2000, with restrictions removed after closing at least 10 positions).
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Proprietary Stop Out Protection function.
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Ultra-fast execution of orders in milliseconds.
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No overnight commissions.
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Minimum order volume of 0.01 lots.
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Floating spreads from 0 pips.
Additionally, the company offers market analysis, webinars, tutorials, and other educational materials to help beginners understand the intricacies of Forex trading. On the platform, you will find an economic calendar, investment calculator, currency converter, tick history, VPS hosting, and the WebTV trading center (a video news service of the New York Stock Exchange). To start trading with Exness, you can open Exness real account and begin accessing the financial markets.
Users can also participate in the Exness affiliate program and earn a stable income for each referred client. The company provides all necessary promotional materials, including advertising banners, landing pages, videos, logos, and widgets for websites. Depending on the referral's country, deposit amount, and trading activity, the broker pays up to $45 for each verified user and up to $1850 for a referral's trading activity.
Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
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).