Exness: Trading Platform
Introduction to Exness
Exness is a prominent forex and CFD broker operating in Kenya since 2008. The company provides traders with access to a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies. Exness has gained popularity among Kenyan traders due to its competitive spreads, advanced trading platforms, and reliable customer support. The broker is regulated by multiple financial authorities, ensuring a secure trading environment for its clients. Exness offers various account types to cater to different trading styles and experience levels.
Trading Platforms and Tools
Exness provides traders with multiple platform options to suit their preferences and trading needs. The broker offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their advanced charting capabilities and automated trading features. Additionally, Exness has developed its proprietary platform called Exness Terminal, which combines user-friendly interface with powerful trading tools. These platforms are available on desktop, web, and mobile devices, ensuring traders can access their accounts anytime, anywhere.
MetaTrader 4 Features
- 30 built-in technical indicators
- 9 timeframes for in-depth market analysis
- One-click trading functionality
- Expert Advisors (EAs) for automated trading
- Custom indicator development using MQL4 language
Exness Terminal Advantages
The Exness Terminal offers an intuitive user interface designed for both beginners and experienced traders. It provides advanced charting tools with over 50 technical indicators. The platform integrates real-time market news and an economic calendar. Traders can set price alerts and receive push notifications. Multi-asset watchlists enable efficient market monitoring across various instruments.
Account Types and Trading Conditions
Exness offers several account types to accommodate different trading strategies and preferences. The main account categories include Standard accounts and Professional accounts. Each account type comes with its own set of features, minimum deposit requirements, and trading conditions. Here’s a comparison of the key account types:
| Account Type | Minimum Deposit | Spreads | Maximum Leverage | Commission |
| Standard | $1 | From 0.3 pips | Up to 1:2000 | No |
| Standard Cent | $1 | From 0.3 pips | Up to 1:2000 | No |
| Raw Spread | $200 | From 0.0 pips | Up to 1:2000 | Yes |
| Zero | $200 | From 0.0 pips | Up to 1:2000 | Yes |
| Pro | $200 | From 0.0 pips | Up to 1:2000 | No |
Trading Instruments and Markets
Exness provides access to a diverse range of trading instruments across various asset classes. Traders can explore opportunities in forex, commodities, indices, stocks, and cryptocurrencies. The broker offers over 120 currency pairs, including major, minor, and exotic combinations. Commodity traders can access precious metals like gold and silver, as well as energy products such as crude oil and natural gas. Exness also provides CFDs on global stock indices and individual company shares from major exchanges.
Cryptocurrency Trading
Exness has expanded its offering to include cryptocurrency CFDs, allowing traders to speculate on the price movements of popular digital assets. The available cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH).
Deposits and Withdrawals
Exness offers a variety of payment methods for deposits and withdrawals, catering to the needs of Kenyan traders. The broker supports local payment options to ensure convenient and efficient transactions. Available payment methods include M-Pesa, bank transfers, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller), and cryptocurrency transfers. Exness processes withdrawal requests quickly, with most transactions completed within 24 hours. The broker does not charge any fees for deposits or withdrawals, although third-party payment providers may apply their own charges.
Education and Research
Exness is committed to providing educational resources and market research to help traders improve their skills and make informed decisions. The broker offers a comprehensive learning center with various materials suitable for both beginners and experienced traders.
Educational Resources
- Video tutorials covering platform usage and trading strategies
- Webinars hosted by industry experts
- E-books on fundamental and technical analysis
- Trading glossary for understanding financial terms
- Demo accounts for risk-free practice
Market Analysis and Research Tools
Exness provides traders with access to daily market analysis, economic calendars, and trading signals to assist in their decision-making process. The broker also offers integration with Trading Central, a leading provider of technical analysis and trading recommendations.
Customer Support and Safety
Exness prioritizes customer satisfaction and account security. The broker offers 24/7 customer support through various channels, including live chat, email, and phone. Support is available in multiple languages, including English and Swahili, to cater to Kenyan traders. Exness implements strict security measures to protect client funds and personal information, including:
Security Feature | Description |
SSL Encryption | Secure data transmission between clients and servers |
Two-Factor Authentication | Additional layer of account protection |
Segregated Accounts | Client funds held separately from company operational funds |
Negative Balance Protection | Ensures traders cannot lose more than their account balance |
Mobile Trading Experience
Recognizing the importance of on-the-go trading, Exness has developed robust mobile applications for both iOS and Android devices. These apps provide a seamless trading experience with features comparable to desktop platforms. Key aspects of Exness mobile trading include:
- Real-time quotes and charts
- Full range of order types
- Push notifications for market events and price alerts
- Account management and funding options
- Synchronization with desktop platforms
Exness Social Trading
Exness offers a social trading platform that allows traders to connect, share strategies, and copy trades from successful investors. This feature is particularly beneficial for newcomers who want to learn from experienced traders or those looking to diversify their trading approach. The social trading platform includes:
- Performance statistics of strategy providers
- Customizable copy settings
- Risk management tools
- Real-time updates on copied trades
Mobile App Feature | Description |
Chart Types | Candlestick, line, bar charts with multiple timeframes |
Technical Indicators | Over 30 popular indicators for technical analysis |
News Feed | Integrated economic calendar and market news |
One-Click Trading | Fast order execution with predefined risk parameters |
Multi-Account Support | Manage multiple trading accounts from a single app |
Frequently Asked Questions:
The minimum deposit for a Standard account with Exness in Kenya is $1. However, Professional account types require a minimum deposit of $200.
Yes, Exness provides swap-free accounts for traders who follow Islamic banking principles. These accounts do not incur overnight interest charges on positions held open overnight.
Yes, Exness supports M-Pesa as a payment method for both deposits and withdrawals, making it convenient for Kenyan traders to manage their funds.
