Reviews About Exness From Clients In Tunisia
Reading reviews in Tunisia should be among the first assignments potential traders must carry out since it helps traders gain insights into the broker's performance. You can learn if Exness pays out profit to clients, how long it takes for the broker to fulfill withdrawal orders, and the overall trading conditions by reading Exness reviews. In this article, TU experts will provide traders with Exness regulatory information and reviews of Exness by previous and active traders.
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Is Exness popular in Tunisia?
Yes. Exness is among the low-cost, legal, and beginner-friendly brokers in Tunisia. This broker, who is renowned for providing numerous passive income options (For example, the Exness affiliates program) to complement the conventional trading of stocks, currency pairs, and other trading instruments, is recommended by experts.
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How much money do you need to start trading with Exness?
The minimum deposit on Exness starts at $1, depending on the trading account you choose.
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Is Exness good for beginners?
Yes. Exness is among the list of brokers recommended for beginner traders.
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Is Exness a scam or not?
Exness is not a scam broker. The broker is licensed by reputable regulatory bodies such as CySEC FCA (UK, 730729), FSA (Seychelles, SD025), (Cyprus, 178/12), FSC (BVI) SIBA/L/20/1133, CBCS (Curacao, 0003LSI), FSCA (South Africa, 51024), and CMA (Kenya, 162). Additionally, Exness is a member of the Financial Commission, providing insurance coverage of up to EUR 20,000 per client in case of force majeure.
Exness reviews from traders in Tunisia
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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 Regulated in Tunisia? Is it Legit?
Exness is a legal trading platform that offers traders in Tunisia the best trading platform to invest in, even though Tunisian regulators do not license it. Exness is an offshore broker in Tunisia and operates with licenses issued by financial regulators in well-known countries. These include:
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Seychelles Financial Services Authority (FSAS, SD025)
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The Financial Conduct Authority in the United Kingdom (FCA, 730729)
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South Africa Financial Sector Conduct Authority (FSCA, 51024)
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Financial Services Commission (FSC) - Mauritius
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Cyprus Securities and Exchange Commission (CySEC, 178/12)
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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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Financial Services Commission (FSC, SIBA/L/20/1133)—British Virgin Islands
Exness has been an active investment platform since 2008, with several affiliated entities offering a wide range of multi-asset financial services. All Exness entities strictly adhere to regulations and guidelines set by relevant regulatory bodies, ensuring consistency despite differences in product offerings. The broker aligns with the trading norms of Tunisia, a predominantly Muslim country, with approximately 99% of its population identified as Muslim as of 2022.
Exness offers an Islamic account for traders seeking to conduct business following Sharia law, catering to the Muslim population in Tunisia. The Islamic Account provides access to a wide range of trading assets, including Forex, indices, commodities, and cryptocurrencies.
The broker also follows the financial protocols of Moroccan authorities within its operational framework. Additionally, Exness offers negative balance protection, which reimburses losses if an account balance reaches zero. Exness provides traders with favorable working conditions, such as competitive commissions, fast order execution, and seamless fund withdrawal processes.
Traders can open a variety of accounts, each tailored to a particular level of experience and financial capability. Opening a demo account is an option available to novice traders. Demo accounts serve as practice accounts or educational resources for novice and seasoned traders.
Pros and cons of Exness
Below are the pros and cons of the Exness trading platform in Tunisia.
👍 Pros
• Exness provides Tunisian traders with a wide range of trading instruments, including metals, commodities, stocks, cryptocurrency, energies, Forex, and CFDs.
• Exness integrates over 120 currency pairs, stocks, and cryptocurrencies and provides a comprehensive range of CFD options.
• Exness integrates top security features for traders, instilling confidence in its services.
• The platform offers sophisticated yet user-friendly trading platforms, including desktop and mobile versions of MT4 and MT5 and the Exness Trading Terminal, which is accessible on browser-based and mobile platforms.
• Trading activities on the platform are transparent, and the broker enhances the protection of investments with segregated account protection for an additional layer of security.
• Exness attracts a diverse range of traders due to its low minimum deposit requirement.
• The platform offers a round-the-clock instant withdrawal option that makes it easy and quick to access funds. Exness complies with the Payment Card Industry Data Security Standard (PCI DSS) because it values privacy.
• Exness expands its portfolio of products by adding social trading services that let users replicate signals.
• Exness offers favorable conditions, including low fees, abundant liquidity, and servers located in major Forex hubs, to users of expert advisors.
• Additionally, traders can benefit from free VPS hosting by trading for at least 14 days and accumulating a total deposit of $500 over time.
👎 Cons
• The Exness training materials, which are currently only available in English, might be challenging for non-native speakers to use.
• Even though Exness offers fundamental research tools, some traders might need more sophisticated features for in-depth examination.
• The absence of investment fund services on the platform, such as PAMM accounts, could be a turnoff for users.
Short summary about Exness
Exness has actively participated in the Forex market since 2008 and holds the 2nd position among 396 companies in the TU Ranking, which evaluates over 100 criteria and includes an account opening test. Additionally, Exness is a member of the Financial Commission, providing insurance coverage of up to EUR 20,000 per client in case of force majeure.
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 using Exness's service can benefit from the broker's low commissions, fast order execution, and fund withdrawals.
Exness offers a wide range of financial services through its affiliated entities, holding a prominent position in Forex ratings with a monthly trading turnover exceeding 3000 billion USD. The broker 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.
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).