Reviews About Exness From Clients In Israel
Exness reviews in Israel will provide new traders opting to use the Exness trading platform with the information they need to make an informed decision when choosing a trading platform. Experts suggest that traders compare 4 to 5 trading platforms before choosing the platform that suits their trading style and financial capacity. Reading reviews about Exness is essential to ensuring the broker is not a scam, especially when the reviews are from active or previous traders.
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What do Traders Union users think about Exness?
Traders Union users believe Exness is a reliable and reputable broker that pays out profits to traders on time.
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How to start trading with Exness?
Proceed to the Exness website to register for a trading account with the broker. To register, input your actual name, email address, and other details as directed by the on-screen instructions. Submit an ID and proof of address, among other necessary verification documents, to comply with regulatory requirements. Deposit into your trading account using one of the available payment methods after your account has been validated. Select a trading platform based on your preferences to place your first trade.
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Is Exness regulated? Is it legit in Israel?
Exness is a legitimate broker, although it is not regulated in Israel. This broker is governed by the following regulatory bodies: The Capital Markets Authority (CMA, 162) - Kenya; the Central Bank of Curacao and Sint Maarten (CBCS, 0003LSI); the Financial Services Commission (FSC, SIBA/L/20/1133) - British Virgin Islands; the Financial Services Commission (FSC, SD025) - Seychelles; the Financial Conduct Authority in the United Kingdom (FCA, 730729); and the Financial Services Commission (FSC, SIBA/L/20/1133) - Mauritius.
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What is the Exness minimum deposit for clients in Israel?
If you will be opening a Standard or Standard Cent account type, there is no minimum deposit, but the minimum amount could vary depending on the selected payment method. Professional account types have a minimum initial deposit of USD 200.
Exness reviews from traders in Israel
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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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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.
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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 regulated in Israel? Is it legit?
Exness is a legal trading platform that accepts clients in Israel. This broker is among the safest trading platforms traders in Israel can invest with, even though the broker is not licensed in this jurisdiction. Exness follows the regulations set forth by the regulators listed below.
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The Financial Conduct Authority in the United Kingdom (FCA, 730729)
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Seychelles Financial Services Authority (FSAS, SD025)
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Financial Services Commission (FSC, SIBA/L/20/1133) - British Virgin Islands
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Cyprus Securities and Exchange Commission (CySEC, 178/12)
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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)
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South Africa Financial Sector Conduct Authority (FSCA, 51024)
Exness has been trading Forex actively since 2008, and it has several affiliated entities that offer a wide range of multi-asset financial services. All Exness entities strictly comply with the regulations and guidelines prescribed by relevant regulatory bodies, maintaining consistency despite differences in product offerings.
The Central Bureau of Statistics (CBS) classification system for the nation's population (2021 data) indicates that roughly 73.8% of people are Jewish, 18% are Muslim, 1.9 are Christians, and 1.6 are Druze. Exness offers traders in this location trading accounts that are in line with the protocols set by each trader's religious beliefs.
Since the majority of people in Israel are Muslims, Exness offers an Islamic account for traders who wish to operate under Sharia law. A large selection of trading assets, such as Forex, indices, commodities, and cryptocurrencies, are accessible through the Islamic Account.
Exness adheres to the financial protocols set by Israeli authorities within its operational framework. Additionally, the broker offers negative balance protection, ensuring coverage for losses if an account balance reaches zero. Traders using Exness benefit from favorable working conditions, including competitive commissions, fast order execution, and easy fund withdrawals. There are multiple account opening methods available, including the option of a demo account, which serves as a valuable training tool for traders of all levels.
Is Exness suitable for beginners?
Exness offers a user-friendly trading platform that is ideal for Israeli newcomers to Forex or stock trading, even those with no prior experience. The platform's intuitive design makes it easy for beginners to navigate and execute trades. Through the copy trading system, new traders can start trading immediately after creating an account by replicating the trades of more experienced traders.
To help inexperienced traders learn without risking real money, Exness provides a demo account. This allows beginners to develop trading strategies and gain an understanding of the financial markets. Practicing with the demo account can significantly benefit newcomers before they transition to live trading.
Exness also offers a range of educational resources, including tutorials and articles, to help beginners learn the basics of trading. Additionally, the platform's customer support team is responsive and ready to assist traders with any questions or issues they may encounter while trading.
To achieve long-term trading success, inexperienced traders should only invest money they can afford to lose, continue their education, and stay updated on market developments. With its beginner-friendly approach, low minimum deposit requirement, and low transaction fees, Exness is an accessible platform for new traders looking to enter the market.
Exness Trading Hours
Traders can trade the Forex market 24 hours a day, five days a week, from Monday to Friday. The Forex market is not open on weekends on the Exness trading platform, but you can trade cryptocurrencies on weekends. Exness trading hours for Forex are dependent on the Forex trading sessions; the table below demonstrates the summer and winter opening and closing times for the international trading sessions and the Exness market hours. Note: GMT+0 is the default time on the Exness server.
| Forex trading session | Summer (opening and closing time) | Winter (opening and closing time) |
|---|---|---|
07:00 - 15:00 |
08:00 - 16:00 |
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20:00 - 05:00 |
21:00 - 06:00 |
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12:00 - 20:00 |
13:00 - 21:00 |
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23:00 - 08:00 |
23:00 - 08:00 |
The busiest times on the Forex market are when the London and New York sessions coincide. The U.S. and London markets are the most active and provide the finest trading opportunities. They overlap from 1 p.m. to 5 p.m. GMT+0. Exness is open for stock trading Monday through Friday from 14:40 to 20:45 (GMT +0) in the winter and from 13:40 to 19:45 in the summer. However, these hours have been extended to include the following due to the adoption of new technology and an increase in trading demand:
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Regular Trading Hours - 2:30 PM to 9:00 PM GMT, Monday through Friday.
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Pre-Market Trading - 9 a.m. to 2:30 p.m
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After-Hours Trading - 9pm and 1am the following day
Exness CFD market hours
| Type of CFD stocks | Trading hours during summer | Trading hours during winter |
|---|---|---|
Equity CFDs (stocks) |
Open Mondays: 10:00:00 and 13:40:00 Close Fridays: 19:45:00 |
Open Mondays: 11:00:00 to 14:40:00 Close Fridays: 20:45:00 |
Index CFDs |
Open Sundays: 21:55:00 Close Fridays: 19:59:59 |
Open Sundays: 22:55:00 Close Fridays: 20:59:59 |
Forex CFDs |
Open Sundays: 21:05:00 Close Fridays: 20:59:00 |
Open Sundays: 22:05:00 Close Fridays: 21:59:00 |
Commodity CFDs |
Open Sundays: 22:05:00 Close Fridays: 20:59:00 |
Open Sundays: 23:05:00 Close Fridays: 21:57:59 |
Crypto CFDs |
24/7 |
24/7 |
Note:
This market is closed on Sundays between 22:05:00 and 21:05:00 (summer) and 21:35:00 and 22:05:00 (winter) for certain cryptocurrency CFD assets.
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).