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Investment

Exness Broker and 8 Things Traders Should Know About That

Can the Exness broker be your preferred forex broker? Find the answer below?

If you want to trade forex, you need a broker without exception. Why? Because working with a forex broker increases your profit opportunities. Forex brokers can also provide access to a trading platform where you can buy and sell a variety of foreign currencies.

Choosing to work with a forex broker is one of the best decisions a novice trader can make. Brokers help learn and better understand the forex market.

Yes! look for it which is always the first question. The second question, how to find the best forex broker? What criteria should be considered in choosing a forex broker for trading, and many more.

Exness broker is one of the most trusted forex brokers who can help your forex trading. Because Exness Group has developed at an impressive rate, and is recognized today as an industry leader.

By December 2019, Exness Broker clients’ monthly trading volume reached 325.8 billion USD and active traders around the world surpassed 72,721. Currently the Exness Group offers a wide range of financial instruments, including currency pairs, metals, cryptocurrencies, energies, indices, and stocks.  

Here 8 things traders should know about Exness Broker.

1. Exness Broker Founded in 2008

The Exness Group was founded by a group of like-minded professionals in the area of finance and information technology in 2008.

2. High Level Service

Exness official website has been localized into 15 languages and Exness offer client support in 13 languages, including 24/5 support in 11 languages and 24/7 support in English and Chinese. Exness broker give traders exactly what they seek: constant improvement, new opportunities to explore the financial markets, and the opportunity to work with a recognized leader in the financial industry.

Exness Broker is also audited by Deloitte. Deloitte is one of the Big Four global auditors and the largest professional services network in the world, Deloitte provides auditing, risk management, financial advisory, and many other services.

3. Exness Broker Regulation

When selecting a company for a long-term partnership, a trader should consider the company’s trading conditions. Additionally, they must also consider if that company is legally regulated and licensed.

1. Financial Services Authority (FSA)

Nymstar Limited is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. View more information here.

FSA is the autonomous regulatory body responsible to license, regulate, enforce regulatory and compliance requirements, monitor and supervise the conduct of business in the non-bank financial services sector in Seychelles.

Nymstar Limited operates under this website for the provision of services to selected jurisdictions outside the European Economic Area (EEA).

2. Cyprus Securities and Exchange Commission (CySEC). Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12.

3. Financial Conduct Authority (FCA). Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729.

4. Margin And Leverage

At Exness Broker, you can select the level of leverage that suits you. Margin and leverage levels are dynamic and react to the level of equity in your account, holidays, weekends and economic news.

5. Easy to Open an Account

Exness have put together a simple guide on how to get Exness account up and running in 5 simple steps.

  • Step 1: Register and open an account
  • Step 2: Verify your profile
  • Step 3: Make your first deposit
  • Step 4: Learn all about our trading terminals
  • Step 5: Start Trading

6. Deposit and Withdrawals

Deposit

Exness Broker provide a great variety of payment methods to make your trading day easier.  Exness only accepts payments from accounts in the client’s own name. Payments from third party accounts are not accepted.

Once you have chosen the payment method, it is time to decide how much to deposit. Minimum deposit requirements based on account type. Exness have some minimum deposit requirements for certain account types.

Minimum deposit requirements based on chosen payment method: Some payment methods may have some minimum deposit requirements.

Leverage and Margin: Since margin for the trades you open will be held based on your chosen leverage, it is a good idea to check if the amount deposited is sufficient to open trades based on your current leverage setting. You may use our Trader’s calculator to calculate margin.

Withdrawals

The vast majority of withdrawals are instant and typically, you receive the money within seconds. The term instant indicates that a transaction will be carried out within a few seconds without manual processing by our financial department specialists. If in any case the stated deposit or withdrawal time is exceeded, Exness Broker support team can help you.

7. Platform Trading

When you start trading forex with Exness Broker, you’ll use MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are the most popular forex trading platforms in the market.

If you open a MetaTrader 4 account, you won’t be able to use MetaTrader 5 with your MT4 login and vice versa. If you want accounts for both MT4 and MT5, you’d have to open separate trading accounts for them.

You can access the MT4 and MT5 platforms with these terminals:

  • Exness Terminal and WebTerminal
  • MetaTrader Mobile Terminals
  • Exness Trader Mobile Terminal
  • Desktop Terminal

8. Type Account on Exness

Exness Broker offers a wide range of account types, all designed to suit a diverse range of trading styles. They are divided into two main types: Standard and Professional. Each account type offers its own set of conditions for commission, margin call, and leverage among many others.

Standard Accounts

Standard accounts are recommended for all traders, as it is the simplest and most accessible account offered. Includes the Standard Account and Standard Cent Account.

Professional Accounts

Professional accounts stand out from all other account types available, as some offer instant order executions, and are recommended for more experienced traders. Includes the Pro Account, Zero Account, and Raw Spread Account.

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Investment

The Definitive Guide to Swing Trading Stocks, Give a Profit Guide with Swing Trading

eBooks and a website is sources of information. With both of them all kinds of knowledge we can get, including information about the world of forex.

Kevin Brown through his website and ebook entitled The Definitive Guide to Swing Trading Stocks share knowledge about swing trading with traders around the world.

The site and ebook provides useful courses that provide great education to anyone who is interested trading education. They both talk about the basics rules of trading and learn what swing trading is all about

Kevin Brown is a trader who has more than 20 years of experience in the world of trading. He has found that 90% of traders make mistakes and that is why most lose money or only break even. It doesn’t have to be like that because successful trading can be repeated.

Specifically through his eBook he wants to help people around the world become profitable traders. And he aims to share experiences and knowledge with those who swing trading successfully. Kevin guarantees that he can teach traders to trade profitably.

Kevin has designed his ebook to be easy to understand, with clear steps to guide traders. The ability to generate profits consistently in the market can be obtained and repeated if a proven approach is taken. He designed this swing trading book for one reason, to show how he has done it and how people can do the same thing.

Kevin explains things like how to identify the best stocks to watch for swing trading, how many stocks to trade at any given time to maximize your portfolio and reduce risk. Why the stock indexes are your friend and enemy at the same time.  How best to place entry/exit orders for the best executions. How to calculate a positive mathematical expectation for a trading system. How to determine the optimum amount to risk per trade, and many-many more.

The eBook also shows how to properly calculate all the methods listed in the book and you can utilize most of the trading software packages (megastork, TradeStation, Telecharts, eSignal/Advanced GET, Trade Navigator, Stockcharts.com, Incredible Charts, SwingTracker, AmiBroker, NinjaTrader, Spreadsheets).

Overall, Swing trader guide is a great eBook by Kevin Brown, and it is worth the money that is paid for it ($299).

The book adds value to any trader who is involved in swing trading and offers supplementary software and other books with it. The supplementary materials are great as they help the traders or investors to completely understand what swing trading is all about and how to make the most money by holding stock rather by buying and selling.

Books that are backed with a money back guarantee are normally the ones you can trust as if the product or service doesn’t work for you, you can get your money back.