Exness is one of the largest Forex exchanges globally. However, there are some articles claiming that Exness is a scam and that Exness is multi-level. What is the truth about the issue of Exness? Is a large exchange like Exness reputable? Let’s find the answer with EX Trading through one Exness review below.
Information about Exness exchange
Before you want to comment on any problem with Exness, take some time to learn about it and then evaluate it. Regarding Exness, it has been in the market for more than 15 years. Is a forex and CFD trading platform. Belongs to the top largest trading exchanges in the world. Industry experts have answered the question of whether Exness is reputable or not on their blog, you can read more.
Exness was launched in 2008. It supports 16 different languages. In particular, Exness has competitive trading fees, standard order matching at extremely fast speeds, simple withdrawals and deposits, and a professional user support team. Exness’s quality is recognized by financial institutions with an operating license. Traders around the world also love and trust Exness. If you still have doubts about the reputation of the exchange, EX Trading will help you get more “talking data” about Exness in the next part of the article.
>>>See more: Exness review: Trading platform chosen by experts
One Exness review
We will conduct an Exness review so you can know whether the Exness exchange is reputable or not. We have refined the factors below and will give you a satisfactory answer.
Exness has an operating certificate
To become a Forex exchange is not difficult. However, being identified as a reputable trading exchange is not easy. Financial agencies only license operations to exchanges that can prove their quality. Besides, any exchange that wants to expand its scale in different countries also needs this operating certificate.
Currently, Exness has been granted operating certificates from many reputable organizations. Specifically, in 2018 – after 10 years of efforts – Exness affirmed its position to rise to the top of the largest Forex exchange. Therefore, if you ask whether Exness is reputable, it means you do not know what organization’s licenses the Forex exchange has. Below are some of the most prestigious and powerful financial institutions in the world that have licensed Exness.
FCA (Financial Conduct Authority)
This is the agency responsible for licensing the operation and management of qualified Forex brokers. Including Exness, approved and licensed to operate by FCA. This agency is headquartered in the UK. FCA is in charge of establishing and managing regulations for the fields of banking, currency, accounting, dividends, and other transactions.
CySEC (Cyprus Securities and Exchange Commission)
CySEC is responsible for licensing, monitoring, and supervising the trading market in Cyprus. This agency has the right to handle companies that violate the laws of Cyprus as well as the European Union. In the West in general and the stock exchange market in particular. CySEC is the most demanding supervisory organization.
Financial Sector Conduct Authority (FSCA)
FSCA is headquartered in South Africa. Specializes in monitoring and regulating the non-bank segment in this market. FSCA has been in operation for more than 20 years, its predecessor being FSB.
Exness has been recognized by all three major financial agencies. This proves that articles with headlines about whether Exness is reputable are false information. Exness Forex exchange meets international standards and is a safe and optimal trading place for all investors.
In addition, Exness also owns a class 2 license from these agencies. Including the FSA of Seychelles, CBCS of Curaçao and Sint Maarten, BVI of Virgin (UK), and FSC of Mauritius.
In addition to the above prestigious certificates, what makes Exness different and stand out from other exchanges? We invite readers to explore the next content of the article.
Is Exness reputable when all information is made transparent?
As we just mentioned above, Exness is one of the largest exchanges in the world. Traders’ deposits reach an average of $700 to $900 billion per month. This terrible number also proves the trust that traders place in Exness. This information is also posted on the Exness website. And continuously updated according to actual transactions of traders. Clearly, Exness is not afraid to publicize its activities.
If you still have doubts about whether Exness is reputable, learn about Deloitte. This is the audit agency for Exness, also one of the 4 largest auditing companies in the world.
Exness has a customer protection policy
We can confirm with you that Exness is a reputable exchange because it has a negative balance protection policy for customers. This is Exness’s most prominent program that helps increase its reputation in the world financial market.
Negative balance protection means you won’t lose money in your account. This policy provides good support for all traders, especially new traders. Exness understands the fear of financial risks of investors who have just entered the market. Besides, unexpected variables in trading can blow your account balance and knock you out of the game. Exness will help you escape that difficult situation. Protect negative balances and keep accounts active.
In addition, Exness’s program supports traders to try trading to find the most optimal strategy. From there, it helps traders gain more experience and more easily trade successfully.
>>>See more: Open Exness Account: Latest guide for new traders
Is Exness reputable? What is Exness’s secret to success?
We just mentioned the legality, the amount of money traders deposit each month, customer protection policy… All of these factors help Exness score points with customers. However, customer service is what keeps traders going. As well as expanding the trader community on Exness. It can be said that the quality of customer care is the final piece of the puzzle of whether Exness is reputable or not, Exness scams customers.
In addition to good customer service. Exness surpasses its competitors and ranks first in the foreign exchange market thanks to the following advantages:
Possessing an outstandingly good deposit and withdrawal system
Many platforms have problems with deposits and withdrawals. Perhaps you feel this is not important until you encounter a problem. Suppose: you see a potential market and want to invest. Then, you deposit money but discover that your account balance has not increased because the deposit is stuck. In the end, you lose a good opportunity. In other cases, you want to withdraw profits from your account balance for other plans. Unfortunately, the money is not withdrawn on time as you expected, and you have to endure all the consequences afterward.
When trading at Exness, you will not fall into the above situations. Exness’s system is installed to automate investor deposit and withdrawal transactions. We can use two words to talk about Exness’s deposit and withdrawal speed: convenient and super fast. Besides, the customer service team will support you immediately if you encounter problems during the transaction. You can verify the information that EX Trading has just given by comparing many different exchanges.
Exness is different from its competitors
Every trading platform wants to attract customers. Exness prioritizes the best experience. Currently, Exness has been constantly upgrading user support features. Some features highly appreciated by traders include the VPS server, Exness Social platform, tick history, and Exness calculator…
Through one Exness review, you can see if Exness is reputable. If it is not reputable and well-developed, the platform will certainly not be able to equip users with so many features.
Resolve problems quickly
Exness owns a professional customer care team. The exchange has a team of who are always ready to help customers solve problems related to depositing and withdrawing money, can’t log in to Exness. This is a great plus that helps every trader have no difficulty connecting with a support person.
Epilogue
With the above information, EX Trading hopes to help you find the answer to the question of whether Exness is reputable and provide one Exness review. The articles spreading bad rumors mean that competitors want to bring down Exness’s quality. Above all, real reviews and customer experiences are the main factors that have helped Exness perform well until now. Open an Exness account today to explore.
