Exness in India 2024 | Review is it Safe or a good Broker forex? (2024)

Table of Contents
What is broker Exness? About Exness broker Is Exness legal in india What type of broker is Exness Indian? How does Exness work Advantages and disadvantages of Exness trading in India Advantages of Exness for trading in India Advantages of Exness for trading in India Is Exness regulated in India – Exness Regulation & Security Exness India review– Is Exness a Good Broker? Exness Range of Assets – Exness in Indian markets Exness in Indian Fees – Exness spread Exness in Indian commission Exness leverage in India Types of Exness accounts in India Exness trading platform in India Deposit and withdraw Exness in India Exness customer service in India Exness bonus in India Exness in Indian scams – Exness real or fake Who is Exness in India recommended for? How to Exness trading in india How do I open an Exness account in India? How to download Exness in India How to use Exness trading app in India How to Exness login india How to Exness demo account mt4, mt5 login How to connect Exness to mt5 Recommended by LinkedIn How to connect Exness to tradingview in India How to view Exness Trading Signals in India FAQs Exness customer care number india Exness banned in india What is the minimum deposit for Exness in India? Is Exness an ECN broker? Is Exness regulated? Is Exness a good Forex broker in India? Exness trading time in India How does Exness make money In India? How to deposit in Exness in india How to withdraw money from exness in india? How much is the maximum leverage at Exness in India? What platforms does Exness offer? What are the withdrawal fees at Exness in India? Is Exness suitable for beginners? Does Exness offer a demo account in India? How to change currency on Exness in India How long does it take to withdraw money from Exness India References

You are looking for a reputable and legal forex brokers in India. With so many options available, one of the frequently mentioned suggestions is Exness. The Exness platform is highly regarded by the trading community in India for its Forex and CFD trading conditions. To provide you with more information for your decision-making process in choosing a reliable Forex platform, below is a detailed review of Exness in India.

Here Is The Summary Of This Exness Review

  • Min Deposit: USD 10
  • Regulators: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
  • Trading Desk: MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader)
  • Crypto: Yes
  • Total Pairs: 97
  • Islamic Account: Yes
  • Trading Fees: Low
  • Account Activation Tim: 24 Hours

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What is broker Exness? About Exness broker

Exness is an online broker that provides trading services in the financial markets. It offers a range of financial instruments, including currency pairs, commodities, cryptocurrencies, indices, and stocks, for individuals and institutional traders.

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Exness was founded in 2008 and is headquartered in Cyprus. The broker operates under the regulation of several reputable financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom. It has gained popularity among traders globally due to its user-friendly trading platforms, competitive trading conditions, and reliable execution.

One notable feature of Exness is its focus on providing clients with tight spreads and low transaction costs. The broker offers different types of trading accounts to cater to the needs of various traders, including standard accounts with variable spreads and commission-free trading, as well as professional accounts with lower spreads and a commission fee structure.

Exness provides multiple trading platforms, including the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are available for desktop, web, and mobile devices. These platforms offer a wide range of trading tools, indicators, and charting capabilities, allowing traders to analyze the markets and execute trades efficiently.

In terms of client funds’ security, Exness follows strict regulatory guidelines. It keeps client funds segregated from its own operational funds and utilizes reputable banking institutions for these segregated accounts. Additionally, the broker offers negative balance protection, which means that clients cannot lose more than their account balance.

Is Exness legal in india

Exness is not a regulated forex broker in India. The Securities and Exchange Board of India (SEBI) is the country's financial regulatory body and it only allows trading with forex brokers that are registered with it.

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Exness is registered with regulators in other jurisdictions, such as the Financial Services Commission (FSC) in the British Virgin Islands and the Seychelles Financial Services Authority (FSA).

What type of broker is Exness Indian? How does Exness work

Exness is not only a forex trading platform in India but a global trading platform. Regardless of which country you are in, you can start trading on the Exness platform

Exness is an online forex and CFD (Contract for Difference) broker. It operates as a retail broker, providing services to individual traders who want to participate in the financial markets. Retail brokers like Exness cater to individual clients, as opposed to institutional clients such as banks or hedge funds.

As a retail broker, Exness offers a user-friendly trading platform and various trading instruments, allowing individual traders to speculate on the price movements of different financial assets. These assets include currencies, commodities, indices, and cryptocurrencies. Retail brokers typically provide access to the global financial markets and facilitate the execution of trades on behalf of their clients.

Exness Indian offers traders the opportunity to open individual trading accounts, deposit funds, and execute trades based on their trading strategies and preferences. They provide access to popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer advanced charting tools, technical indicators, and automated trading capabilities.

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Retail brokers like Exness earn revenue through spreads, which are the differences between the buying and selling prices of the financial instruments. They may also charge additional fees or commissions on trades, depending on the specific account type and trading conditions.

It’s important to note that the specific features, trading conditions, and regulations of Exness may vary depending on your jurisdiction and the type of account you choose. It’s recommended to review Exness’ official website and consult their customer support for detailed information tailored to your specific circ*mstances.

Advantages and disadvantages of Exness trading in India

Advantages of Exness for trading in India

  • Wide Range of Trading Instruments: Exness Indian offers a diverse selection of trading instruments, including major and minor currency pairs, commodities, stock indices, and cryptocurrencies. This allows traders to access various markets and find opportunities based on their preferences and strategies.
  • Multiple Trading Platforms: Exness supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their advanced charting tools, technical indicators, and automated trading capabilities, providing traders with a robust trading experience.
  • Competitive Trading Conditions: Exness aims to provide competitive trading conditions, including tight spreads and low commissions, to help traders optimize their trading costs. They also offer high leverage options, allowing traders to amplify their trading positions.
  • Account Types: Exness Indian offers different types of trading accounts, including standard accounts, ECN accounts, and professional accounts. This provides flexibility for traders with varying experience levels and trading preferences.
  • Educational Resources: Exness provides educational resources such as trading articles, tutorials, and webinars to help traders enhance their knowledge and skills. This can be beneficial for both beginners and experienced traders looking to improve their trading strategies.
  • Customer Support: Exness offers customer support services to assist traders with their inquiries and issues. Support is typically available through email, live chat, and phone, ensuring traders can seek help when needed.

Advantages of Exness for trading in India

  • Limited Regulatory Coverage: While Exness is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, it may not be regulated in all jurisdictions. Some traders may prefer brokers with broader regulatory coverage to ensure a higher level of investor protection.
  • Restricted Services in Certain Countries: Exness may have restrictions on providing services in certain countries due to regulatory limitations. Traders from these countries may need to seek alternative brokers to access the financial markets.
  • Limited Research and Analysis Tools: While Exness offers basic market analysis tools and resources, it may not provide as extensive research and analysis options compared to some other brokers. Traders relying heavily on in-depth research and analysis may need to utilize external tools or sources.
  • Inactivity Fees: Exness may charge inactivity fees if an account remains dormant for a certain period. Traders who do not actively engage in trading should be aware of these potential fees.
  • Limited Asset Classes: Although Exness offers a range of trading instruments, it may not cover all asset classes available in the market. Traders looking for specific niche assets or alternative markets may need to consider other brokers.

Is Exness regulated in India – Exness Regulation & Security

Exness is a forex and CFD broker that operates under the regulation and oversight of multiple reputable financial authorities.

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Here are the key regulatory bodies that oversee Exness:

Financial Conduct Authority (FCA)

Exness (UK) Ltd is authorized and regulated by the Financial Conduct Authority in the United Kingdom (FCA), one of the most respected financial regulatory bodies worldwide. The FCA sets strict guidelines to ensure the fair treatment of clients and the security of their funds.

Cyprus Securities and Exchange Commission (CySEC)

Exness (Cy) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is a respected regulatory authority in the European Union and imposes regulations to safeguard the rights of traders and ensure the integrity of financial markets.

Financial Services Commission (FSC)

Exness operates under the regulatory oversight of the Financial Services Commission (FSC) in Seychelles. The FSC monitors and supervises financial activities to maintain the stability and integrity of the Seychelles’ financial system.

Financial Services Authority (FSA)

Exness operates under the regulatory framework established by the Financial Services Authority (FSA) in St. Vincent and the Grenadines. The FSA ensures compliance with financial regulations and promotes fair trading practices.

To check Exness’s licenses from various regulatory authorities, such as the FCA, CySEC, FSC, and FSA, you can follow these steps:

FCA (Financial Conduct Authority):

  • Visit the official website of the Financial Conduct Authority (FCA) at https://www.fca.org.uk/.
  • Look for a search or register option on the website. It might be located in the “Register” or “Check if a firm is authorized” section.
  • Enter “Exness” or “Exness (UK) Ltd” in the search field and initiate the search.
  • The search results will display the regulatory details, including the authorization status and any associated conditions or restrictions.

CySEC (Cyprus Securities and Exchange Commission):

  • Visit the official website of the Cyprus Securities and Exchange Commission (CySEC) at https://www.cysec.gov.cy/.
  • Look for a search or register option, usually located under the “Regulated Entities” or “Public Information” section.
  • Enter “Exness” or “Exness (Cy) Ltd” in the search field and perform the search.
  • The search results will show the regulatory information, including the license status and other relevant details.

FSC (Financial Services Commission):

  • Visit the official website of the Financial Services Commission (FSC) of the relevant jurisdiction (e.g., Seychelles) where Exness is regulated.
  • Look for a search or register option, typically under the “Regulated Entities” or “Licensees” section.
  • Enter “Exness” in the search field and initiate the search.
  • The search results should provide the license information and regulatory status of Exness.

FSA (Financial Services Authority):

  • Visit the official website of the Financial Services Authority (FSA) of the relevant jurisdiction (e.g., St. Vincent and the Grenadines) where Exness is regulated.
  • Look for a search or register option, often located under the “Regulated Entities” or “Licensees” section.
  • Enter “Exness” in the search field and perform the search.
  • The search results will display the license details, regulatory status, and other relevant information.

Exness India review– Is Exness a Good Broker?

Exness Range of Assets – Exness in Indian markets

Exness in India offers a range of assets for trading across various financial markets.

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These assets include:

  • Forex (Foreign Exchange): Exness provides access to a wide range of currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.
  • Commodities: Traders on Exness may have the opportunity to trade commodities such as gold, silver, oil, and other precious metals or natural resources.
  • Indices: Exness may offer trading on a selection of stock market indices, which represent the performance of a group of stocks from a particular exchange.
  • Cryptocurrencies: Some Exness accounts may allow for trading in cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and other popular digital currencies.
  • Stocks: Depending on the specific account type and market access, traders on Exness may have the option to trade individual stocks from various exchanges.
  • Energies: This category typically includes commodities like natural gas and Brent crude oil, allowing traders to speculate on energy prices.
  • Metals: In addition to gold and silver, Exness may offer trading in other metals like platinum and palladium.

Exness provides access to the forex market, which is the largest and most liquid financial market in the world. Investors can trade major currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as numerous minor and exotic currency pairs.

Exness in Indian Fees – Exness spread

The fees charged by Exness primarily consist of spreads, which is the difference between the buying and selling prices of a trading instrument. The spread is essentially the cost of executing a trade on the Exness platform.

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Here’s an overview of Exness spreads:

Raw Spread Account:

  • Spreads: Starting from 0.0 pips
  • Commission: Up to $3.50 per lot

Zero Account:

  • Spreads: Starting from 0.0 pips
  • Commission: None

Standard Account:

  • Spreads: 0.3 pips
  • Commission: None

Pro Account:

  • Spreads: 0.1 pips
  • Commission: None

The spreads offered by Exness can vary based on the type of trading account. The account types available may include standard accounts, ECN accounts, and professional accounts. Each account type may have different spreads and trading conditions.

Major currency pairs such as EUR/USD, GBP/USD, and USD/JPY generally have the tightest spreads due to their high liquidity and trading activity. The precise spreads for these currency pairs can vary depending on market conditions.

Spreads for instruments other than currency pairs, such as commodities, stock indices, and cryptocurrencies, can also vary. These spreads are influenced by factors like liquidity, market conditions, and the specific instrument being traded.

Exness in Indian commission

  • Raw Spread Account: Commission: Starts from USD 0.01 per side per lot, can go up to USD 3.50 per lot depending on the instrument traded.
  • Zero Account: Commission: USD 0.2 per side per lot.
  • Standard Account:Commission: USD 0.2 per side per lot, with a minimum commission of USD 2 per trade.
  • Pro Account:Commission: USD 0.2 per side per lot, with no minimum commission.

Exness’s low commission rates, such as the example you provided for the Zero Account, can indeed be a favorable aspect for traders looking to minimize their trading costs. However, it’s still important to assess all the costs involved, including spreads and any other fees, to get a comprehensive understanding of the total expenses associated with trading on the platform.

Exness leverage in India

Similar to many other countries, the regulations regarding leverage on the Exness platform in India are as follows.

Maximum leverage in Exness

Exness offers different leverage levels for various trading assets, and these levels may vary depending on the regulatory jurisdiction and the specific trading account type.

  • Forex Leverage: For forex trading, Exness provides flexible leverage options. The maximum leverage available can range from 1:2 to 1:Unlimited, depending on the regulatory requirements and the account type. It’s important to note that higher leverage can amplify both potential profits and losses, so it should be used with caution.
  • Commodities Leverage: Exness offers leverage for trading commodities such as gold, silver, oil, and other popular commodities. The leverage levels for commodities can range from 1:2 to 1:Unlimited, depending on the regulatory jurisdiction and the chosen account type.
  • Stock Indices Leverage: Exness provides leverage for trading stock indices, including popular indices like the S&P 500, Nasdaq 100, and FTSE 100. The leverage levels for stock indices can range from 1:2 to 1:Unlimited, depending on the regulatory requirements and the account type.
  • Cryptocurrency Leverage: Exness offers leverage for trading cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The leverage levels for cryptocurrencies can range from 1:2 to 1:Unlimited, depending on the regulatory jurisdiction and the chosen account type.

Exness in India leverage rules

It’s crucial for traders to understand the risks associated with using high leverage. While it can amplify profits, it can also lead to significant losses. Traders should have effective risk management strategies in place.

Exness unlimited leverage

Exness unlimited leverage means that traders can trade with any leverage they desire, without any restrictions. This can be a very risky strategy, as it can lead to large losses if the market moves against the trader’s position. However, it can also be a very profitable strategy, if the trader is able to correctly predict the direction of the market.

Margin Exness

Margin in the context of trading refers to the funds or collateral required to open and maintain a trading position. Exness, like other forex brokers, uses margin requirements to ensure that traders have sufficient funds to cover potential losses.

When you open a trade, a certain amount of your account balance is set aside as margin, which is typically a percentage of the total trade value. The margin requirement is determined by the leverage ratio and the instrument being traded. Higher leverage ratios require lower margin amounts, while lower leverage ratios require higher margin amounts.

This is the initial deposit required by a trader to open a position with a broker. It’s determined by factors like position size, leverage, and the volatility of the asset being traded.

Exness offers different types of accounts, each with its own margin requirements. These requirements depend on the chosen account type, leverage, and the specific trading instrument.

For instance, on a Standard Account with a leverage of 1:100, trading EUR/USD with a position size of 1 lot requires a margin of 100 USD. This means the trader needs to deposit at least 100 USD to open this position.

Types of Exness accounts in India

In India, Exness offers investors the following types of accounts:

Exness Standard Cent account

  • Minimum initial deposit Depends on the payment system Maximum leverage: 1:Unlimited
  • Execution type Market Execution: Account currencies USC, EUC, GBC, CHC, AUC, CAC Hedged margin: 0% Trading instruments: Forex and Metals Minimum volume of a position: 0.01 cent lots
  • Maximum volume of a position: Day time: 200 cent lots & Night time: 200 cent lots
  • Margin Call: 60%, Stop Out 0%
  • Trading platforms: MT4
  • Trading commission: No commission charged
  • Swap Free: Available

Exness Standard account

  • Minimum Initial Deposit Depends on the payment system
  • Maximum Leverage: 1:Unlimited Execution type Market execution : AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZAR
  • Existing accounts only: MAUUSD MAGUSD MPTUSD MPDUSD MBAUSD MBBUSD MBCUSD MBDUSDHedged Margin: 0% Trading instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
  • Maximum number of positions: Day time: 200 lots & Night time: 20 lotsMargin Call: 60%, Stop Out 0%**
  • Trading Platforms MT4 and MT5
  • Trading Commission: No commission charged
  • Swap Free: Available

Exness Pro account

  • Minimum Initial Deposit Starting: from USD 200* Maximum Leverage: 1:Unlimited
  • Execution type: Instant Execution (Forex, Metals, Indices, Stocks, Energies), Market Execution (Cryptocurrencies)
  • Account currencies: AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES, KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZAR
  • Existing accounts only: MAUUSD MAGUSD MPTUSD MPDUSD MBAUSD MBBUSD MBCUSD MBDUSD
  • Hedged Margin: 0%
  • Trading instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
  • Maximum number of positions: MT4 Demo: 1000, MT4 Real: 1000
  • Maximum number of pending orders:nMT4: 100, MT5 Trial: 1000, MT5 Real: Unlimited
  • Maximum number of market orders: MT4: No special limit (only the limit for cumulative number of orders mentioned above), MT5 Trial: 1000, MT5 Real: Unlimited
  • Margin Call: 30%
  • Stop Out: 0%
  • Trading Platform: s MT4 and MT5
  • Trading Commission: No commission charged
  • Swap Free: Available

Exness Zero account

  • Minimum Initial deposit: Starting from USD 200
  • Maximum leverage: 1:Unlimited
  • Account currencies: AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZAR
  • Hedged margin: 0%
  • Trading instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
  • Maximum number of positions: MT4 Demo: 1000, MT4 Real: 1000
  • Margin call: 30%
  • Trading platforms: MT4 and MT5
  • Trading commission: Starting from USD 0.2/lot per side based on the trading instrument
  • Swap-free: Available

Exness Raw spread account

  • Minimum Initial Deposit: Starting from USD 200*
  • Maximum Leverage: 1:Unlimited (subject to conditions)
  • Account currencies: AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZAR
  • Hedged Margin: 0% Trading instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
  • Maximum number of positions: MT4 Demo: 1000 & MT4 Real: 1000
  • Margin Call: 30%
  • Trading Platforms: MT4 and MT5
  • Trading Commission: Up to USD 3.50 per lot
  • Swap Free: Available

Exness offers different types of trading accounts, each with its own features and advantages. Here are a few Exness account types that are commonly suitable for beginners:

  • Standard Account: Exness offers a Standard Account that is designed to be user-friendly and accessible for beginners. This account type typically has no minimum deposit requirement and offers competitive spreads. It is a good option for those who are new to trading and want a straightforward trading experience.
  • Cent Account: Exness also provides a Cent Account, which allows traders to start with smaller position sizes and trade with lower risk. This type of account is particularly suitable for beginners who want to gain trading experience and practice with smaller amounts of capital.
  • Mini Account: Exness offers a Mini Account that provides traders with reduced contract sizes. This account type can be beneficial for beginners who want to trade smaller volumes and manage their risk effectively.

Exness trading platform in India

MT4 and MT5 are the two platforms provided by Exness to customers when opening an account in India.

Metatrader 4 Exness

Exness offers MetaTrader 4 (MT4) as one of the trading platforms for its clients. MetaTrader 4 is a widely recognized and popular trading platform among forex traders due to its user-friendly interface, advanced charting tools, and extensive range of features.

  • With MT4 at Exness, traders can access various financial markets, including forex, commodities, indices, and cryptocurrencies. Some key features of MetaTrader 4 on Exness include:
  • Trading Tools: MT4 provides a comprehensive set of trading tools, including real-time quotes, interactive charts, technical indicators, and customizable trading strategies.
  • Expert Advisors (EAs): Traders can utilize EAs, which are automated trading systems, to execute trades based on pre-set rules. MT4 supports the use of EAs and allows for backtesting and optimizing strategies.
  • Mobile Trading: Exness offers mobile versions of MT4, enabling traders to access their accounts and trade on the go using their smartphones or tablets. This provides flexibility and convenience for traders who prefer mobile trading.
  • Multiple Order Types: MT4 supports different order types, including market orders, limit orders, stop orders, and trailing stops, allowing traders to implement various trading strategies.
  • Account Management: Traders can manage their Exness accounts directly within the MT4 platform, including depositing and withdrawing funds, monitoring account balances, and reviewing transaction history.

Exness mt5

Some potential benefits of MT5 include:

  • Expanded Market Access: MT5 provides access to a broader range of financial instruments, including stocks, futures, and options, in addition to forex and commodities.
  • Enhanced Charting and Analysis: MT5 offers advanced charting tools, an expanded set of technical indicators, and the ability to conduct in-depth market analysis.
  • Multiple Order Types: MT5 supports various order types, including market orders, pending orders, stop orders, and trailing stops, allowing for more precise trade execution.
  • Economic Calendar: The built-in economic calendar in MT5 provides timely information on economic events, news releases, and their potential impact on the markets.
  • Strategy Tester: MT5 includes a powerful strategy tester that allows traders to backtest and optimize trading strategies using historical data.

Exness web terminal

Exness provides a web-based trading platform called Exness Web Terminal. The Exness Web Terminal allows traders to access their trading accounts and trade directly from their web browsers without the need to download or install any additional software.

  • User-Friendly Interface: The web terminal has an intuitive and user-friendly interface, making it easy for traders to navigate and execute trades.
  • Real-Time Quotes and Charts: Traders can access real-time quotes for various financial instruments and view interactive charts for technical analysis.
  • One-Click Trading: The web terminal supports one-click trading, making it convenient and efficient to enter and exit trades quickly.
  • Multiple Order Types: Traders can place different types of orders, including market orders, limit orders, stop orders, and more.
  • Account Management: Traders can manage their Exness trading accounts directly through the web terminal, including depositing and withdrawing funds, monitoring account balances, and reviewing transaction history.
  • Mobile Compatibility: The Exness Web Terminal is compatible with mobile devices, allowing traders to access their accounts and trade on the go using smartphones or tablets.

Overall, both MT4 and MT5 are powerful and widely used trading platforms in the industry. The choice between them may depend on individual trading preferences, the specific assets being traded, and the trading strategies employed.

Deposit and withdraw Exness in India

Exness deposit methods in Indian

Exness offers a variety of deposit methods to facilitate funding your trading account. The specific deposit methods available may vary depending on your country of residence and the regulations in place. However, here are some common deposit methods that Exness typically supports:

  • Bank Wire Transfer: This method allows you to transfer funds directly from your bank account to your Exness trading account. Bank wire transfers may involve fees and longer processing times compared to other methods.
  • Credit/Debit Cards: Exness usually accepts major credit and debit cards, such as Visa, Mastercard, and Maestro, for instant deposits. This method is convenient and widely used by many traders.
  • E-Wallets: Exness often supports popular e-wallet services, including Skrill, Neteller, and WebMoney. E-wallets provide a fast and secure way to deposit funds into your trading account.
  • Online Payment Systems: Depending on your region, Exness may offer online payment systems like FasaPay, Perfect Money, Qiwi Wallet, and others. These systems are designed for online transactions and provide convenient deposit options.
  • Cryptocurrencies: Exness may accept deposits in cryptocurrencies such as Bitcoin or Ethereum. This method allows for secure and anonymous transactions, though it’s important to check the specific cryptocurrencies supported by Exness.

Exness minimum deposit in Indian

  • Standard Account: The minimum deposit for a Standard Account with Exness is typically around $1. This account type is designed for traders who prefer fixed spreads.
  • Raw Spread Account: The minimum deposit for a Raw Spread Account is typically around $200. This account type offers raw spreads with a commission per trade, which can be beneficial for traders who prioritize tight spreads.

How long does Exness withdrawal take

  • Bank transfer: 2-5 business days, Maximum Processing Time 10 business days
  • Credit/debit card 1-3 business days, Maximum Processing Time 7 business days
  • E-wallets 1-2 business days, Maximum Processing Time 5 business days
  • Cryptocurrency 1-2 hours, Maximum Processing Time 24 hours

Exness customer service in India

Exness has been known to provide reliable and responsive customer support to their clients. While the quality of customer support can vary based on individual experiences, Exness has generally received positive feedback for their customer service. Here are some factors that contribute to the perception of Exness’ customer support being good:

  • Timely response: Exness aims to provide prompt responses to customer inquiries and concerns. They strive to address client queries in a timely manner, ensuring that traders receive the assistance they need in a reasonable timeframe.
  • Multiple support channels: Exness offers various channels through which clients can reach their customer support team. This includes email support, live chat, and potentially phone support. By providing multiple avenues for communication, Exness makes it easier for traders to get in touch and receive assistance in their preferred way.
  • Knowledgeable and helpful staff: Exness customer support representatives are generally knowledgeable about their platform, services, and trading-related matters. They are trained to provide accurate information and guidance to help traders navigate any issues they may encounter.
  • Multilingual support: Exness serves a global clientele and often offers customer support in multiple languages. This language support makes it more convenient for traders from different regions to communicate effectively and receive assistance in their preferred language.
  • Client-focused approach: Exness places importance on understanding and addressing the needs of their clients. They strive to provide personalized support and solutions to meet the requirements of individual traders.

It’s worth noting that experiences with customer support can vary from person to person, and occasional delays or issues may occur. Additionally, factors such as the complexity of the inquiry and the volume of support requests at any given time can influence response times. However, Exness generally maintains a positive reputation for their customer support services.

Exness bonus in India

In India, Exness offers the following Bonus programs. Exness has limited bonus offerings, making it quite challenging to find bonus programs from Exness. Exness does not offer any trading bonuses at this time. However, they do offer a variety of other promotions, such as:

  • Referral program: You can earn a commission for every new client you refer to Exness.
  • Affiliate program: You can earn a percentage of the spread revenue generated by clients you refer to Exness.
  • Competitions: Exness regularly hosts competitions where you can win prizes, such as cash and trading signals.
  • Education: Exness offers a variety of educational resources, such as webinars, eBooks, and trading courses.

Exness referral bonus

Exness offers a referral program that allows you to earn a commission for every new client you refer to Exness. The amount of commission you earn depends on the country of the referred client and the account type they open.

  • Commission: The commission you earn is a percentage of the spread revenue generated by the referred client. The percentage varies depending on the country of the referred client and the account type they open.
  • Qualifying clients: To qualify for the referral program, the referred client must make a deposit of at least USD 10 and trade at least 1 lot of currency.
  • Payment: Commissions are paid out monthly. The minimum payout amount is USD 10.

Exness welcome Bonus in India

Exness currently does not offer any account opening bonus programs. In the realm of Forex brokers, Exness may be considered one of the platforms with limited offerings in this regard. Therefore, in terms of bonus competitiveness, Exness may not be ranked at the top. Despite the absence of bonuses, Exness is highly regarded for its credibility, with a large number of customers participating compared to many other brokers.

Exness in Indian scams – Exness real or fake

Exness is a legitimate online brokerage firm that provides trading services to clients worldwide. It is important to note that Exness, like any other financial institution, has had its share of negative reviews and complaints from some users. However, these negative experiences do not necessarily indicate that Exness is a scam or fake.

Exness is regulated by reputable financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles. These regulatory bodies impose strict guidelines and oversight to ensure that Exness operates in compliance with financial regulations and maintains transparency in its operations.

Check if the broker is regulated by a credible financial authority. Exness is regulated by CySEC and the FSA in Seychelles, which provides a level of oversight and protection for clients. Research the broker’s reputation by reading reviews and feedback from multiple sources. It’s important to consider both positive and negative reviews and assess the overall sentiment.

Look into the measures the broker takes to safeguard client funds. Reputable brokers typically keep client funds segregated from their own operating funds and may offer additional protections such as insurance coverage. A trustworthy broker will provide clear and comprehensive information about its services, fees, and trading conditions. Ensure that the broker’s website and documentation are transparent and easy to understand.

Assess the quality and responsiveness of the broker’s customer support. Legitimate brokers typically offer reliable customer support channels to assist clients with their inquiries and concerns.

It’s important to conduct thorough research and due diligence before choosing a brokerage firm. This can help you make an informed decision and mitigate the risks associated with online trading.

If you have specific concerns or questions about Exness, it is advisable to reach out to their customer support directly or consult with independent financial advisors who can provide personalized guidance based on your individual circ*mstances.

Who is Exness in India recommended for?

Exness is recommended for several types of traders and investors. Here are some groups of individuals who may find Exness suitable for their trading needs:

  • Beginner Traders: Exness offers a user-friendly trading platform and a range of educational resources, making it suitable for those who are new to trading. The educational materials, including webinars, eBooks, and trading courses, can help beginners understand the basics of trading and develop their skills.
  • Experienced Traders: Exness provides access to a wide range of financial instruments, including forex, commodities, cryptocurrencies, and more. This broad selection can attract experienced traders who prefer to diversify their trading portfolio and take advantage of different market opportunities.
  • Active Traders: Exness offers competitive spreads and fast execution speeds, which can be attractive to active traders who engage in frequent trading activities. The platform is designed to handle high trading volumes efficiently.
  • Scalpers and Day Traders: Exness offers an ECN (Electronic Communication Network) account type, which is suitable for scalpers and day traders who aim to profit from short-term price fluctuations. The ECN accounts provide access to direct market liquidity and tight spreads.
  • Traders Seeking Regulation: Exness is regulated by reputable financial authorities, such as CySEC and the FSA in Seychelles. This regulation helps provide a level of trust and client fund protection, making it appealing to traders who prioritize a regulated trading environment.
  • Traders Interested in Copy Trading: Exness offers a copy trading service called “Exness Social Trading,” which allows traders to replicate the trades of successful traders. This feature can be beneficial for those who prefer a more hands-off approach to trading or wish to learn from experienced traders.

How to Exness trading in india

If you want to start trading forex or CFDs in the Indian market, follow the detailed instructions below

How do I open an Exness account in India?

To open an account with Exness, you can follow these general steps:

Step1: Visit the Exness website: Go to the official Exness website (www.exness.com).

Step2: Click on “Open Account”: Look for the “Open Account” or “Sign Up” button on the website’s homepage and click on it. This will typically direct you to the account registration page.

Step3: Select the account type: Exness offers different account types, such as Standard Accounts, Raw Spread Accounts, and Pro Accounts. Choose the account type that suits your trading preferences and click on it to proceed.

Step 4: Fill in your personal information: Provide the required personal information, including your name, email address, country of residence, and phone number. Make sure to provide accurate information.

Step 5: Choose your trading platform: Exness offers popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Select the platform you prefer for trading.

Step 6: Agree to the terms and conditions: Read and agree to the terms and conditions of Exness. It is important to review and understand the terms before proceeding.

Step 6: Account verification: Exness may require you to verify your identity and address. This typically involves submitting identification documents, such as a passport or driver’s license, and proof of address, like a utility bill or bank statement. Follow the instructions provided by Exness to complete the verification process.

Step 7: Fund your account: Once your account is verified, you can deposit funds into your Exness trading account. Exness supports various deposit methods, including bank transfers, credit/debit cards, and online payment systems. Choose the method that is most convenient for you and follow the instructions provided.

After your account is funded, you can log in to your Exness trading platform using the credentials provided during the registration process. You can then select your desired financial instruments, set your trading parameters, and start trading.

How to download Exness in India

Exness download for windows 10

To download the Exness trading platform for Windows 10, you can follow these steps:

+ Visit the Exness website: Go to the official Exness website (www.exness.com).

+ Navigate to the “Trading Platforms” section: Look for the “Trading Platforms” or “Download” section on the Exness website. This section typically provides information about the various trading platforms offered by Exness.

+ Select the Windows version: Within the “Trading Platforms” section, locate the option for the Windows version of the trading platform. It may be labeled as “MetaTrader 4 for Windows” or “MetaTrader 5 for Windows,” depending on the version you prefer. Click on the appropriate option.

+ Start the download: After clicking on the Windows version of the trading platform, you will typically be directed to a page where you can start the download process. Look for a “Download” button or link and click on it.

+ Save the installation file: Once you click on the “Download” button, a file will begin downloading. Choose a location on your computer where you want to save the installation file and wait for the download to complete. The file will usually have a .exe extension.

+ Run the installation file: After the download is complete, locate the saved installation file on your computer. Double-click on the .exe file to run the installation process.

+ Follow the installation prompts: The installation process will guide you through a series of prompts. Follow the on-screen instructions and select the desired options, such as the installation location and any additional features you may want to include.

+ Launch the Exness trading platform: Once the installation is complete, you can launch the Exness trading platform from your computer. Look for the program icon on your desktop or in the Start menu and double-click on it.

+ Log in or create an account: When the Exness trading platform opens, you will be prompted to log in using your existing Exness account credentials (username and password). If you don’t have an account yet, you can create one directly within the platform.

Exness Download for mobile

To download the Exness trading app for your mobile device, follow these steps:

For Android:

  • Open the Google Play Store: Open the Google Play Store app on your Android device.
  • Search for “Exness”: In the search bar at the top of the Play Store, type in “Exness” and tap the search icon.
  • Locate the Exness app: From the search results, look for the official Exness trading app. It should be listed as “Exness – Forex Trading” or a similar name.
  • Select the Exness app: Tap on the Exness app listing to open the app page.
  • Install the app: On the app page, tap the “Install” button to download and install the Exness app on your Android device.
  • Launch the Exness app: Once the installation is complete, you can find the Exness app on your device’s home screen or app drawer. Tap on the app icon to launch it.
  • Log in or create an account: When the Exness app opens, you can log in using your existing Exness account credentials (username and password). If you don’t have an account yet, you can create one directly within the app.

For iOS (iPhone/iPad):

Open the App Store: Open the App Store on your iPhone or iPad.

  • Search for “Exness”: In the search tab at the bottom of the App Store, type in “Exness” and tap the search button.
  • Locate the Exness app: From the search results, look for the official Exness trading app. It should be listed as “Exness – Forex Trading” or a similar name.
  • Select the Exness app: Tap on the Exness app listing to open the app page.
  • Install the app: On the app page, tap the “Get” button to download and install the Exness app on your iOS device. You may need to authenticate with your Apple ID or use Touch ID/Face ID.
  • Launch the Exness app: Once the installation is complete, you can find the Exness app on your device’s home screen. Tap on the app icon to launch it.
  • Log in or create an account: When the Exness app opens, you can log in using your existing Exness account credentials (username and password). If you don’t have an account yet, you can create one directly within the app.

How to use Exness trading app in India

To use the Exness trading app, please follow these general steps:.

  • Log in or create an account: If you already have an Exness trading account, launch the app and log in using your existing account credentials (username and password). If you don’t have an account yet, you can create one directly within the app by following the registration process.
  • Familiarize yourself with the app interface: Once you’re logged in, take some time to explore the app interface and familiarize yourself with its features and layout. The Exness trading app provides access to various tools and functionalities for trading, analyzing the markets, and managing your account.
  • Choose your preferred financial instruments: Use the app’s navigation or search function to find the financial instruments you wish to trade. Exness offers a range of instruments, including forex, commodities, cryptocurrencies, and more. Select the instrument(s) you want to trade and add them to your watchlist or favorites for easy access.
  • Analyze the markets: Utilize the app’s charting tools and indicators to analyze the markets and identify potential trading opportunities. The Exness trading app often provides real-time market data, price charts, and technical analysis tools to assist you in making informed trading decisions.
  • Place trades: When you’re ready to execute a trade, select the desired financial instrument and choose the appropriate order type (such as market order or pending order). Specify the trade parameters, such as the trade size (lot size), stop loss, and take profit levels. Review the details and confirm the trade.
  • Monitor and manage your trades: Keep track of your open positions and monitor their performance through the app. You can modify or close your trades as needed, set up alerts or notifications for price movements, and access various account management features, including depositing or withdrawing funds.
  • Stay informed with news and updates: The Exness trading app may provide access to market news, economic calendars, and other relevant updates. Stay informed about the latest market developments and news that could impact your trading decisions.

How to Exness login india

To log in to your Exness broker account, follow these steps:

+ Visit the Exness website: Go to the official Exness website (www.exness.com).

+ Click on “Log in”: Look for the “Log in” or “Sign in” button on the website’s homepage. Click on it to proceed to the login page.

+ Enter your credentials: On the login page, you will typically find fields to enter your username and password. Enter your Exness account username and password in the respective fields.

+ Solve the security check: Some login pages may include a security check to verify that you are not a robot. Follow the instructions provided, such as selecting specific images or entering a verification code, to complete the security check.

+ Click on “Log in” or “Sign in”: Once you have entered your credentials and completed the security check (if applicable), click on the “Log in” or “Sign in” button to proceed.

+ Access your account: If the provided username and password are correct, you will be logged in to your Exness broker account. You will then have access to your account dashboard, trading platform, account settings, and other relevant features.

How to Exness demo account mt4, mt5 login

To access a demo account on the Exness MT4 or MT5 platforms, follow these steps:

  1. Visit the Exness website: Go to the official Exness website (www.exness.com).
  2. Click on “Log in”: Look for the “Log in” or “Sign in” button on the website’s homepage. Click on it to proceed to the login page.
  3. Click on “Create Demo Account”: On the login page, you will usually find an option to create a demo account. Look for a link or button that says “Create Demo Account” or something similar. Click on it to proceed.
  4. Fill in the demo account registration form: You will be directed to a demo account registration form. Fill in the required details, including your name, email address, preferred trading platform (MT4 or MT5), and any other requested information. Make sure to select the appropriate platform you want to use for the demo account.
  5. Submit the form: After filling in the necessary information, review the details to ensure accuracy and click on the “Submit” or “Create Account” button to proceed.
  6. Receive your demo account login credentials: Once you have successfully submitted the demo account registration form, you will receive an email containing your demo account login credentials. This will typically include a username and password specifically for your demo account.
  7. Download and install the MT4 or MT5 platform: If you don’t already have the MT4 or MT5 trading platform installed on your device, you will need to download and install it. Visit the Exness website and navigate to the “Trading Platforms” section to download the desired platform (MT4 or MT5).
  8. Launch the MT4 or MT5 platform: After installing the platform, launch it on your device.
  9. Enter your demo account credentials: On the MT4 or MT5 platform login screen, enter the demo account username and password that you received via email.
  10. Select the demo server: In the server field on the login screen, select the appropriate demo server. The server name will be provided in the email you received with your demo account credentials.
  11. Click on “Login”: Once you have entered the necessary information, click on the “Login” button to access your demo account on the MT4 or MT5 platform.

How to connect Exness to mt5

To connect your Exness trading account to the MT5 platform, follow these steps:

+ Download and install the MT5 platform: Visit the Exness website and navigate to the “Trading Platforms” section. Download the MT5 platform compatible with your device (Windows, Mac, or mobile).

+ Launch the MT5 platform: Once the MT5 platform is installed on your device, open it by clicking on the application icon.

+ Select “Login to an existing account”: On the MT5 platform login screen, select the option that says “Login to an existing account.”

+ Search for “Exness” in the broker list: In the search bar, enter “Exness” to filter the broker list.

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+ Choose the Exness server: From the list of Exness servers that appear, select the server that corresponds to your account type (live or demo). The server name may include “Exness-Real” or “Exness-Demo” followed by a number.

+ Enter your Exness account credentials: In the login and password fields, enter the username and password associated with your Exness trading account.

+ Configure additional settings (if necessary): If you need to adjust any additional settings, such as proxy or server settings, you can do so by clicking on the “Options” button on the login screen. However, in most cases, you can leave these settings as default.

+ Click on “Login”: After entering your account credentials and adjusting any necessary settings, click on the “Login” button to connect your Exness account to the MT5 platform.

+ Wait for the connection: The platform will attempt to connect to the Exness server using the provided credentials. If the login information is correct, the platform will establish a connection, and you will see your account details and trading interface.

+ Start trading: Once connected, you can start trading on the MT5 platform using your Exness account. You can access various trading tools, charts, indicators, and place trades directly within the platform.

How to connect Exness to tradingview in India

Exness does not have a direct integration with TradingView. However, you can still use TradingView alongside your Exness trading account by following these steps:

  • Open TradingView: Visit the TradingView website (www.tradingview.com) and sign in to your TradingView account. If you don’t have an account, you can create one for free.
  • Access the TradingView charting platform: Once you’re logged in, navigate to the TradingView charting platform. This is where you can analyze charts, apply indicators, and execute trades.
  • Add the Exness symbol: In the TradingView charting platform, locate the search bar at the top left corner of the screen. Enter the symbol or trading pair you want to analyze or trade with Exness. For example, if you’re interested in EUR/USD, type “EURUSD” in the search bar.
  • Choose the Exness data feed: TradingView provides data from various brokers and exchanges. While Exness is not directly integrated, you can choose a compatible data feed that closely matches Exness’ price data. Look for a data feed that offers pricing and trading data similar to Exness.
  • Analyze and trade: Once you have selected the Exness symbol and data feed within TradingView, you can use the charting tools, indicators, and other features to analyze the market. However, please note that you will still need to execute trades directly through the Exness trading platform or app.

How to view Exness Trading Signals in India

Exness doesn’t have its own proprietary trading signals service. However, you can use the MetaTrader platform provided by Exness to access and use trading signals from signal providers who offer their services through the MetaTrader platform.

Here are the steps to view and use trading signals on the MetaTrader platform:

Open MetaTrader

  • Launch your MetaTrader platform. This could be either MetaTrader 4 (MT4) or MetaTrader 5 (MT5), depending on which platform you are using. Navigate to the Signals Tab:
  • At the bottom of the platform, you’ll find different tabs like “Trade,” “Exposure,” “Account History,” etc. Click on the “Signals” tab.

Select a Signal Provider

  • You’ll see a list of available signal providers. You can review their performance statistics, trading strategy, and other relevant information to help you make a choice. Subscribe to a Signal:
  • Once you’ve chosen a signal provider, click on their name to view their profile. You’ll find an option to “Subscribe” or “Follow” their signals. This might require creating an MQL5 account.

Set Your Parameters

Configure the parameters for how you want to receive and follow the signals. This might include setting a lot size, stop-loss, and take-profit levels.

Confirm Subscription

  • Review the terms and conditions, and if you agree, confirm the subscription. Activate Auto-Trading (if necessary):
  • In some cases, you might need to activate the Auto-Trading feature on your MetaTrader platform to ensure that it executes the signals automatically.

Monitor Your Trades

The trades from the signal provider will now be executed on your account according to their signals. You can monitor these trades in real-time. Remember, while using trading signals can be a helpful part of your trading strategy, it’s important to conduct your own research and analysis. Additionally, past performance is not indicative of future results, so exercise caution and use proper risk management techniques.

FAQs

Exness customer care number india

  • Live chat: Can't find the answers you're looking for? Ask our support team in live chat.
  • Email: support@exness.com and we'll get back to you in 24 hours.
  • Phone: +35725030959

Exness banned in india

Exness is not banned in India, but it is not regulated as a forex broker by the Securities and Exchange Board of India (SEBI). This means that it does not have the official authorization to operate in India.

It's worth noting that in India, there is no specific law that forbids individuals from trading forex with brokers based outside the country. However, because Exness is not regulated by SEBI, there may be certain risks associated with trading with them.

The Reserve Bank of India (RBI) has compiled a list of unauthorized forex trading platforms, and Exness is included in this list. This implies that the RBI does not endorse or recommend trading forex with Exness. However, it's important to emphasize that engaging in forex trading with Exness is not considered illegal according to Indian law.

In summary, while Exness is not prohibited in India, it is essential to be aware that trading with them carries a level of risk due to their lack of regulation by SEBI. Additionally, the RBI advises caution when dealing with platforms like Exness, but it is not against the law to trade with them.

What is the minimum deposit for Exness in India?

  • Cent Account: The Cent Account is designed for beginners and allows trading with smaller volumes. The minimum deposit for this account type is typically low, ranging from $1 to $10, depending on the base currency.
  • Mini Account: The Mini Account is suitable for traders looking for competitive spreads and low minimum deposit requirements. The minimum deposit for a Mini Account can range from $1 to $50, depending on the base currency.
  • Classic Account: The Classic Account offers a wider range of trading instruments and competitive spreads. The minimum deposit for a Classic Account can range from $2,000 to $3,000, depending on the base currency.
  • ECN Account: The ECN Account provides access to ECN trading conditions, including tight spreads and fast execution. The minimum deposit for an ECN Account can range from $300 to $500, depending on the base currency.

Is Exness an ECN broker?

Exness is a broker that offers both ECN and non-ECN accounts, providing traders with a choice between different types of accounts based on their preferences and trading styles.

ECN Accounts:

Exness offers ECN accounts, which are known for providing direct market access. This means that orders are executed directly on the interbank market without passing through a dealing desk. ECN accounts typically have tighter spreads and may charge a commission on trades.

Non-ECN Accounts:

In addition to ECN accounts, Exness also offers non-ECN accounts. These accounts may operate using a market maker model, where the broker acts as the counterparty to trades. Non-ECN accounts may have slightly wider spreads but may not charge a separate commission.

Is Exness regulated?

Yes, Exness is regulated by multiple financial authorities. The regulatory oversight helps ensure transparency, client protection, and adherence to regulatory standards. Here are the regulatory bodies that oversee Exness:

  • Financial Conduct Authority (FCA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Services Authority (FSA)

Is Exness a good Forex broker in India?

Exness is generally considered a reputable and popular forex broker with a significant presence in the industry. However, whether a broker is “good” or suitable for you depends on your individual trading needs, preferences, and priorities.

Exness trading time in India

The trading hours for Exness may vary depending on the financial instruments you are trading and the specific market sessions.

Here are the general trading hours for the major financial markets:

Forex Market: The forex market operates 24 hours a day, five days a week, from Monday to Friday. However, specific currency pairs may have different trading hours due to their respective market sessions. The forex market generally opens on Sunday at 22:00 GMT and closes on Friday at 22:00 GMT.

Stock Market: Exness offers trading on selected stock CFDs. The trading hours for stock CFDs are typically aligned with the underlying exchanges where the stocks are listed. These exchanges have specific trading hours, usually based on the local time of the exchange. For example, if you are trading US stocks, the trading hours would generally be from Monday to Friday, 09:30 to 16:00 Eastern Time (ET).

Commodities: Exness provides trading on various commodity CFDs, such as gold, silver, oil, and more. The trading hours for commodity CFDs are determined by the underlying commodity markets. Each commodity may have different trading hours based on the specific market session and exchange where it is traded.

How does Exness make money In India?

Exness, like many other forex brokers, generates revenue through several avenues. Here are some of the primary ways Exness makes money:

  • Spreads: The main source of revenue for Exness comes from the spreads it offers to traders. The spread is the difference between the buying (ask) and selling (bid) prices of a currency pair. Exness earns a portion of this spread for facilitating the trade.
  • Commissions: Depending on the type of account and trading instrument, Exness may charge a commission on trades. For example, their Raw Spread Account charges a commission on top of the spread.
  • Overnight Financing (Swap Fees): Exness may charge or pay swap fees for positions held overnight. This is a fee associated with the cost of borrowing or lending currency in the interbank market.
  • Market Making (Non-ECN Accounts): In non-ECN accounts, Exness may act as the counterparty to trades, which means they can potentially profit from traders’ losses.
  • Affiliate and Introducing Broker Programs: Exness has referral programs where individuals or entities can earn a commission for referring new clients to the platform.
  • Interest on Client Funds: In some cases, brokers may earn interest on the funds held in client accounts, although this is typically a small source of revenue.
  • Additional Services: Exness may offer additional services or products (like VPS services, educational resources, etc.) that come with a fee.

How to deposit in Exness in india

To deposit funds into your Exness trading account in India, you can follow these general steps:

+ Log in to your Exness account: Visit the Exness website and log in to your trading account using your username and password.

+ Navigate to the deposit section: Once logged in, locate the “Deposit” or “Fund Your Account” section. This section is typically accessible from the account dashboard or the main menu.

+ Select the deposit method: Exness offers various deposit methods, including bank wire transfer, credit/debit cards, and electronic payment systems like Skrill, Neteller, and WebMoney. Choose the deposit method that is most convenient for you.

+ Enter the deposit details: Follow the prompts to enter the required deposit details. This usually includes specifying the deposit amount, selecting the base currency, and providing any additional information specific to the chosen deposit method.

+ Verify the deposit information: Before proceeding, review the deposit details to ensure accuracy, including the deposit amount and payment method information.

+ Initiate the deposit: Once you have reviewed and confirmed the deposit details, initiate the deposit by clicking the appropriate button or following the instructions provided. This may involve redirecting to a secure payment gateway or following the steps specific to the chosen deposit method.

+ Complete the payment: Depending on the deposit method, you may need to provide additional information or follow specific payment instructions. This can include providing card details, logging in to an e-wallet account, or initiating a bank transfer. Follow the steps provided to complete the payment.

+ Confirmation and account update: After completing the payment, you should receive a confirmation of the successful deposit. The deposited funds will be reflected in your Exness trading account balance.

How to withdraw money from exness in india?

To withdraw funds from your Exness trading account, you can follow these general steps:

+ Log in to your Exness account: Visit the Exness website and log in to your trading account using your username and password.

+ Navigate to the withdrawal section: Once logged in, locate the “Withdrawal” or “Withdraw Funds” section. This section is typically accessible from the account dashboard or the main menu.

+ Select the withdrawal method: Exness offers various withdrawal methods, including bank wire transfer, credit/debit cards, and electronic payment systems like Skrill, Neteller, and WebMoney. Choose the withdrawal method that is most convenient for you.

+ Enter the withdrawal details: Follow the prompts to enter the required withdrawal details. This usually includes specifying the withdrawal amount, selecting the withdrawal method, and providing any additional information specific to the chosen withdrawal method.

+ Verify the withdrawal information: Before proceeding, review the withdrawal details to ensure accuracy, including the withdrawal amount and payment method information.

+ Submit the withdrawal request: Once you have reviewed and confirmed the withdrawal details, submit the withdrawal request by clicking the appropriate button or following the instructions provided. This may involve confirming your withdrawal request via email or providing additional security verification if required.

+ Wait for processing: After submitting the withdrawal request, Exness will process the request based on their withdrawal processing times. The processing times can vary depending on the withdrawal method and other factors. Exness will provide an estimated timeframe for the completion of the withdrawal.

+ Confirmation and receipt of funds: Once the withdrawal request has been processed, you will receive a confirmation, and the funds will be transferred to your designated withdrawal account or payment method.

How much is the maximum leverage at Exness in India?

  • Standard Cent Account: This account has a maximum leverage of 1:2000.
  • Standard Account: This account has a maximum leverage of 1:1000.
  • Pro Account: This account has a maximum leverage of 1:500.
  • Raw Spread Account: This account has a maximum leverage of 1:100.
  • Zero Account: This account has a maximum leverage of 1:100.

What platforms does Exness offer?

  • MetaTrader 4 (MT4): MT4 is a widely popular and highly regarded trading platform known for its user-friendly interface, advanced charting capabilities, and extensive range of trading tools. It supports automated trading through Expert Advisors (EAs) and provides access to various markets, including Forex, commodities, indices, and more.
  • MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers enhanced features and functionalities. It provides a more comprehensive range of asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. MT5 also supports more advanced order types and additional analytical tools.
  • MetaTrader WebTrader: Exness also offers a web-based version of the MetaTrader platform called WebTrader. It allows you to access and trade the markets directly from your web browser without requiring any software download or installation. WebTrader provides similar features and functionalities as the desktop versions of MetaTrader.
  • Mobile Trading Apps: Exness provides mobile trading applications compatible with iOS and Android devices. These apps allow you to trade on the go, providing access to your trading account, real-time market data, charting tools, and order execution capabilities.

What are the withdrawal fees at Exness in India?

  • Bank transfer: The processing fee for bank transfers typically ranges from USD 20 to USD 50.
  • Credit/debit card: The processing fee for credit/debit cards typically ranges from 2% to 5% of the amount withdrawn.
  • E-wallets: The processing fee for e-wallets typically ranges from 1% to 3% of the amount withdrawn.
  • Cryptocurrency: The processing fee for cryptocurrency withdrawals is typically zero.

Is Exness suitable for beginners?

Yes, Exness can be suitable for beginners in trading. The platform offers user-friendly trading interfaces and provides educational resources to help beginners learn and understand the basics of trading.

Here are some reasons why Exness can be suitable for beginners:

  • User-Friendly Platforms: Exness offers popular and intuitive trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have user-friendly interfaces, making it easier for beginners to navigate and execute trades.
  • Demo Accounts: Exness provides demo accounts, allowing beginners to practice trading without risking real money. Demo accounts simulate real market conditions and provide a risk-free environment for beginners to familiarize themselves with the trading platforms and test their strategies.
  • Educational Resources: Exness offers educational resources such as tutorials, articles, videos, and webinars to help beginners understand the fundamentals of trading. These resources cover topics like market analysis, trading strategies, risk management, and more.
  • Low Minimum Deposit: Exness offers flexible account options with low minimum deposit requirements. This allows beginners to start trading with a smaller initial investment and gradually increase their position as they gain experience and confidence.
  • Customer Support: Exness provides customer support services to assist beginners with any questions or concerns they may have. Their support team can provide guidance on platform usage, account setup, and general trading inquiries.
  • Risk Management Tools: Exness offers risk management tools, such as stop-loss and take-profit orders, to help beginners manage their risk exposure. These tools allow traders to set predetermined levels at which their trades will automatically close to limit potential losses or secure profits.

Does Exness offer a demo account in India?

Yes, Exness does offer a demo account. A demo account allows traders to practice trading in a risk-free environment using virtual funds. This is an excellent way for both beginner and experienced traders to familiarize themselves with the platform, test trading strategies, and gain confidence before trading with real money.

How to change currency on Exness in India

To change the currency on your Exness trading account, you’ll need to follow these steps:

  • Go to the official Exness website (https://www.exness.com/) and log in with your account credentials.
  • Once logged in, you’ll be directed to your account dashboard.
  • Look for a section that contains details about your trading account. This is usually found on the main page after logging in.
  • Within the account details section, there should be an option to change the currency. It may be labeled as “Account Currency” or something similar.
  • Click on the drop-down menu or option that allows you to select a new currency. Choose the currency you wish to change to.
  • Depending on Exness’ specific process, you may need to confirm the currency change. This could involve agreeing to any associated terms or conditions.
  • Double-check that the selected currency is correct. If everything looks right, save or confirm the changes.
  • Once you’ve successfully changed the currency, you may receive a confirmation message. This could be in the form of a pop-up or an email.

How long does it take to withdraw money from Exness India

  • Bank transfer 2-5 business days
  • Credit/debit card 1-3 business days
  • E-wallets 1-2 business days
  • Cryptocurrency 1-2 hours

Here are some reviews about Exness India broker to help you gain a better understanding of this brokerage. Through the shared information, you can conduct your own research and delve deeper into Exness. Afterwards, you can make a decision on whether to participate or not. However, it’s important to understand that any Forex broker carries risks, and no broker is 100% safe.

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Exness in India 2024 | Review is it Safe or a good Broker forex? (2024)

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