Every day, the website representing Exness records thousands of visits. Among them, some people come in to update new news, and there are also people who come in to trade. It can be seen that Exness is very popular with traders. But some new traders still wonder Exness is from which country. Is it a reputable exchange? To know the answer, please read EX Trading is article below.
Exness is from which country?
Many investors choose Exness as a profitable trading platform. However, some users do not clearly understand the origin of Exness. For new traders, the origin of Exness will make them even more confused. This psychology is understandable because inexperienced traders will need to trade on a exchange with clear origins.
However, you can rest assured because Exness has been and is a globally famous exchange. Furthermore, Exness also received many operating licenses from major financial agencies around the world. Currently, Exness has offices in the UK, South Africa, Seychelles, Curacao, British Virgin Islands, Singapore and Malaysia.
Exness’s starting point in St. Petersburg, Russia by experts who love technology and finance. However, Exness set its first successful milestones when it moved its headquarters from Russia to Cyprus – a famous and very large financial center in Europe.
What is Exness?
Exness is a foreign exchange exchange owned by Exness Group. This group was founded in 2008 by Petr Valov – an expert in the financial technology industry.
At present, Exness is always in the Top 1 most prestigious Forex trading exchange globally. During its operation, Exness achieved many proud milestones. In particular, it must be awarded the most transparent Forex broker, the global Forex broker of the year in Europe in 2019.
New traders participating in the financial market should refer to Exness along with other exchanges to choose the most effective place to invest.
Does the Exness trading platform have an operating license?
As we just mentioned, Exness is licensed to operate by major financial institutions in the world. Particularly Exness has not been licensed. Not only Exness but other forex exchanges also encounter the same situation.
Should you invest in Exness?
Once you clearly understand the origins of Exness, are you ready to invest in the exchange? We have selected two important pieces of information about Exness’s reputation to help you make a faster decision.
Types of Exness Forex trading licenses
Forex trading license is the most important factor to evaluate a quality trading platform. They are issued by major financial institutions. In each country, there will be a specialized agency in charge of implementing this type of paper.
Currently, Exness has been awarded 3 types of foreign exchange trading licenses (which many Forex exchanges are not approved for), including:
- License from the Financial Conduct Authority (FCA). Is the body that regulates the transactions of companies in the UK. This is also one of Europe’s financial centers, so the forex license issued by FCA is always among the top in the world.
- License from Cyprus Securities and Exchange Commission (CySEC). This is a Cypriot forex regulator with a reputation that competes with the FCA.
- License from Financial Sector Conduct Authority (FSCA). Also, a financial authority that regulates foreign exchange trading in South Africa. Exchanges with a license from this organization will be approved to operate legally in Africa.
In addition, Exness holds licenses from the FSA of Seychelles, CBCS of Curaçao, and Sint Maarten, FSC of BVI, and FSC of Mauritius.
With the above information, are you confident in making transactions at Exness? You will see that it doesn’t matter how much Exness is from which country. More importantly, it is a professional and safe environment that meets all international standards.
See more: Exness Broker Review: Strengths and Weaknesses to know
Exness insurance policy
Exness builds insurance policies for users. All investors with accounts on Exness are entitled to this policy. The customer insurance program will protect negative balances, giving new traders better control when placing orders. Some inexperienced users will fall into a negative state by not placing a stop-loss order or using a lot of leverage.
If your account balance is negative, Exness will use a null command to return the balance to 0. At this point, users can deposit money into the account and trade normally. However, you need to note: that negative amounts will be deducted. Therefore, don’t forget to contact support to get your money back. This is a useful feature for Exness users that helps it stand out and receive favor over other exchanges.
Exness is from which country? Effective trading experience on Exness
As above, we have given you the answer about Exness is from which country. Exness’s starting point is St. Petersburg, Russia but later moved to Cyprus.
When you trade at Exness, you can be completely assured of its reputation. The only thing left for you is to accumulate experience to trade effectively. But how to achieve this? Do you need a lot of capital or find a 1:1 expert? That’s not necessarily the case, please read carefully the trading experience on Exness below:
- Choose high leverage when opening an account on any Exness forex trading platform. This will help you minimize deposits while trading.
- No trading at 00:00. Because the spread cost will be extended, causing the night spread to be higher. It is best to trade during the day to keep spreads as low as possible.
- Prioritize cryptocurrency trading because its conditions are the best compared to other exchanges.
- Withdrawing and depositing Exness will optimize processing time for free. Of course, you can also use deposit/withdrawal via USDT to replace Visa and MasterCard.
- Pay attention to the time zone when trading: the time zone on Exness is GMT+0, different from most other exchanges that use GMT+2.
See more: Open Exness Account: Latest guide for new traders
Answers to frequently asked questions about the Exness exchange
In addition to wondering Exness is from which country, we report that users ask many questions about this exchange. To answer your questions, we have compiled the 4 most frequently asked questions from traders about the Exness exchange as follows:
How many asset types are there on the Exness exchange?
Exness is divided into two account types: standard and professional. This is also the difference between Exness compared to other forex exchanges.
Currently, Exness is offering 5 account types:
- Standard.
- Pro Account.
- Zero Account.
- Raw Spread.
- Standard Cent.
Is Exness a scam?
Exness is financially transparent. The operating situation is always updated continuously by this trading exchange. Parameters you can track include the number of customers, the number of monthly, quarterly, and annual investments, the capital flow of the exchange, and customer deposits…
In addition, Exness is being financially supervised by the auditing company Deloitte. Just this information will help Exness Exchange become the top name in the most prestigious exchange.
What is Exness’s customer service like?
Many people wonder Exness is from which country, and who will assist in solving problems when the account has problems. Exness has a team of professional staff, supporting up to 16 common and popular languages in the world. Traders can rest assured to contact Exness support when needed.
You can contact the exchange’s support team by one of the following methods:
- Send an email to support@exness.com.
- Chat online with staff in the chat box on the website.
- Call Exness switchboard 18006371.
All of the above contact methods are free so you can use them with peace of mind.
Epilogue
EX Trading’s answers about Exness is from which country and related issues such as Exness maintenance and exchange information are necessary for traders. Hopefully, this has helped you gain more useful information about Exness – the world’s leading reputable exchange. In addition, if you are interested in the issue of withdrawing money from Exness, remember to follow our next sharing article for more detailed information.
