Reviews About Exness From Clients In Singapore
Exness has been operating since 2008 and is on the list of the world's best brokers. The company has won a dozen international awards, serves hundreds of thousands of satisfied clients and partners, and holds licenses from reputable regulators. However, before you start cooperating with Exness, it is important to learn the opinions of users who have already tested the broker’s trading conditions. Read on to find out whether Exness’ promises are true and whether the company is regulated in Singapore. This article provides detailed reviews about Exness, including a description of the broker’s main pros and cons.
According to feedback from Singaporean users, Exness is a good option for long-term cooperation. Traders point out such advantages as a license from the local regulator, 24/7 support, segregated accounts, a wide range of rate plans and financial instruments, and commission-free profit withdrawal.
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Is Exness profitable?
Yes, trading with Exness is profitable, as the broker provides a wide selection of assets and account types, a low entry threshold, fast order execution, competitive spreads, customizable leverage, zero withdrawal fees, and free VPS hosting.
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Does Exness charge withdrawal fees?
No, Exness does not charge fees on withdrawing funds.
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Can I start trading with Exness from scratch?
Yes, Exness suits novice investors for several reasons. The company offers a demo account, a low entry threshold, the classic MT4/MT5 platforms, unlimited leverage, and an opportunity to copy transactions of other traders.
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Does Exness allow earning passive income?
Yes, Exness provides an opportunity to earn without investments. The company’s website describes the terms of the affiliate program, through which you can receive a fixed commission for each invited client.
Exness reviews from traders in Singapore
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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 Singapore? Is it safe?
You may be wondering if Exness is legit. It holds a license from the Monetary Authority of Singapore (MAS) and fully complies with the regulator’s requirements. The broker is also supervised by CySEC (Cyprus), the FCA (UK), the FSAS (Seychelles), the FSC (British Virgin Islands), the Central Bank of Curaçao and Sint Maarten (CBCS), the FSCA (South Africa), and CMA (Kenya), which makes Exness the safest option for cooperation. The company is a completely legal player in the Forex market.
How reliable is Exness?
Exness is known in more than 150 countries. The broker is regulated by reputable supervisory authorities of the UK, Cyprus, Seychelles, Kenya, South Africa, etc., strictly observing laws of these countries. It applies advanced technologies for security and protection of client funds, including segregated accounts. Exness provides users with round-the-clock multilingual support and free access to VPS and steadily fulfills all payment obligations. Additional protection measures include:
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automated withdrawal;
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3D Secure technology, which allows additional verification of the cardholder during transactions;
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compliance with the Payment Card Industry Data Security Standard (PCI DSS).
In addition, Exness is a member of the Financial Commission, an independent organization that settles disputes between investors and the company. If Exness violates a client agreement, the client will receive compensation of up to 20,000 euros. The broker’s reliability is also evidenced by its impressive client base – Exness currently has more than 700,000 active clients worldwide and 64,000 partners. For complete information, see Exness Review 2024.
How to make a lot of money with Exness?
Exness offers various account types, namely Standard, Standard Cent, Standard Plus, Raw Spread, and Zero. The minimum deposit is $1 and spreads start at 0 pips. You can trade major, minor, and exotic currency pairs, as well as stocks, indices, commodities, and cryptocurrencies on desktop and mobile versions of Metatrader 4, Metatrader 5, and Exness’ proprietary trading platform. There are also Exness trading signals provided by experienced traders based on thorough analysis. The company does not impose any restrictions on the use of strategies and does not charge deposit or withdrawal fees. All Exness features can be tested on a demo account. Exness promises investors:
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customizable leverage (1:2,000 at the beginning and unlimited later);
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no commissions for holding positions overnight;
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super-fast order execution;
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stop-out insurance.
In addition to all of the above, Exness provides traders with access to free training: webinars, online courses, tutorials, expert analytics, etc. Another option for passive income earning is an affiliate program with an opportunity to receive up to $1,850 for each referral. Or you can become an Introducing Broker (IB) and earn up to 40% of the company's income. Funds can be deposited/withdrawn using credit and debit cards, bank transfers, electronic payment systems, and cryptocurrencies.
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).