Exness Review Exness is an online Forex broker that was established in 2008 in St. Petersburg, Russia. Since then, this broker has grown from strength to strength. This is not surprising as the company is one of the rare breed of online Forex brokers that practices transparency in its business operation. In terms of market innovation, Exness can be still considered an old school broker as it has yet to adopt the social networking concept of Forex trading. Nevertheless, this broker is still highly rated by its clients solely because of the quality of its services as indicated by the $450 billion worth of business done so far in just 2012.
Whilst many FX firms are continuing to major on refining zero spread FX trading accounts for retail customers, EXNESS has announced the launch of financial instruments with fixed spreads, with ten currency pairs already available on Mini and Classic accounts.
EXNESS has introduced what was at one point a very commonplace method of offering trading by market makers, conferring that the accommodation of its clients’ wishes is paramount. In order to differentiate the fixed spread accounts from those with floating spreads, traders can find the list of new financial instruments, which have the suffix “f”, in the “Forex_Fixed” symbol group in their terminal.
According to EXNESS, trading financial instruments with fixed spreads has certain advantages such as a predictable spread in changing market conditions and simple advisor settings. The company emphasizes that market execution will be used for orders with these currency pairs.
Traders can find the list of currency pairs with fixed spreads on the EXNESS website, on the page with contract specifications. To read the full announcement from EXNESS,
Trading Platform As for trading platforms, Exness provides its clients with the reliable MetaTrader based trading platforms. Traders can choose with between MetaTrader 4 or MetaTrader 5. Professional traders with multiple accounts to manage can opt for the MetaTrader 4 Multiterminal platform. For those who are constantly on the go they also have the option to use their mobiles devices to trade with the MetaTrader platforms for iPhone, iPad, Blackberry, Android devices and Windows Mobile Enabled Devices.
Regulated by CySEC, FCA Headquarters Country Cyprus Foundation Year 2008 Publicly Traded No Number Of Employees 200Min.
Deposit $1 Max.
Leverage 1:2000 Mini
Account Yes
Demo Account Yes
Premium Account Yes
Segregated Account Yes
Islamic Account Yes
ManagedAccount Yes