Reviews About Exness From Clients In Pakistan
According to customer reviews on the Traders Union portal, Exness is considered reliable and safe. It offers multiple account types like the Standards, Pro, Zero spread, and Raw spread. Each account type has unique features like minimum deposit, commission structure, and leverage options to suit various traders.
Reviews and feedback about Forex brokers are crucial for making informed decisions, especially when they come from traders within a region. Region-based feedback on brokers provides an insightful glimpse into users’ experience and satisfaction, which can be beneficial in shaping the opinion and public sentiment of other traders from the region. In this article, we look into the firsthand feedback and reviews about Exness from Pakistan clients on their experience trading with the broker. It also covers the main features of Exness, minimum deposit, and the legitimacy of the Forex broker in Pakistan.
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Does Exness work with clients from Pakistan?
Yes, Exness accepts clients from Pakistan.
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Is it easy to withdraw profits from Exness?
Yes. You can withdraw profits using any of the available withdrawal methods on Exness. Besides, withdrawal is almost instant, depending on the withdrawal method.
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What is the minimum deposit on Exness in Pakistan?
The minimum deposit on Exness in Pakistan is $35.
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Can I trust Exness?
According to a review by Traders Union, you can. Exness is a reputable Forex broker regulated by the Financial Service Authority (FSA), Central Bank of Curaçao (CBCS), Financial Service Commission (FSC), Financial Sector Conduct Authority (FSCA), Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA), and Capital Market Authority (CMA).
Exness reviews from Pakistan traders
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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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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.
Is Exness regulated in Pakistan? Is it legit?
Regulatory institutions in Pakistan do not officially regulate Exness. However, it is a trustworthy financial trading broker, regardless. Exness is an authorized broker that operates legally in Pakistan; it complies with the regulatory requirements of the Securities and Exchange Commission of Pakistan (SECP), which makes it a good choice for Pakistan traders.
Furthermore, it is worth noting that Exness is regulated by other reputable and strict financial institutions like FSA, CySEC, CBCS, FSCA, FCA, and CMA, which allows it to operate in Pakistan.
Does Exness offer Islamic accounts?
Yes, Exness offers Islamic accounts predominantly to Forex traders from Muslim countries. Islamic accounts on Exness, also known as swap-free accounts, come with features that comply with the Islamic Sharia law that prohibits riba or the charging of interest. Here are some of the key features of Islamic accounts on Exness:
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Swap-Free Trading: Swap-free accounts are typically free of interest on trade positions held overnight, ensuring account holders comply fully with the Islamic Principle of no riba.
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Flexible Trading Conditions: Exness doesn’t impose any form of restriction on swap-free accounts. Essentially, traders with Islamic accounts are offered the same trading conditions and features that are available on regular trading accounts.
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Available for Multiple Instruments: Exness offers traders with Islamic accounts access to a wide range of trading instruments in the financial markets, which includes Forex, indices, commodities, and cryptocurrencies.
How to trade with Exness in Pakistan
Trading with Exness in Pakistan requires simple steps, which include the following:
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Account Registration: Visit Exness.com to sign up for a trading account by appropriately filling in the details on the sign-up field.
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Account Verification: The next step is to verify your identity by submitting a government-issued ID and proof of residence (e.g., bank statement, utility bill, etc.) into appropriate fields for account verification.
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Deposit Funds: deposit into your trading account using any of the available payment options provided.
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Choose a Trading Platform: Download the trading platforms (MT4 or 5) you selected when creating an account, and log in with the account details.
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Execute Trades: Analyze the financial market using a defined and reliable strategy to find trading opportunities. Place a buy/long or sell/short order accordingly and manage your risk using appropriate stop loss and take profit. You may also use the web version of Exness to execute trades.
Exness minimum deposit in Pakistan
The Exness minimum deposit in Pakistan via local bank transfer is $35. However, this amount may vary depending on the deposit option a client uses.
Main trading features
Exness has many features that make it a popular choice for beginners and experienced Forex traders in the financial market. One of the features it offers is multiple account types like the Standards, Pro, Zero spread, and Raw spread. Each account type has unique features like minimum deposit, commission structure, and leverage options to suit various traders.
Furthermore, Exness also offers clients a wide range of instruments, flexible leverages, automated trading features, copy trading services, low spreads and fees, responsive customer support, and educational materials to facilitate learning.
Opportunities for passive income
Exness offers clients the opportunity to earn passive income through copy trading. Copy trading is a feature that allows traders to copy the trades of other experts to their accounts. Exness hosts its copy trading service on the Social Trading platform, where beginners and busy traders can make passive income from copying the trades of profitable traders.
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).