Exness is a reputable exchange not only in some countries but worldwide. When news why is Exness not working appeared, many investors were worried and confused. So is this accurate information or not? Is Exness scamming users? Let’s find the most accurate answer with EX Trading in the following articles.

Is it true that the information about why is Exness not working?

To verify this rumor of Exness problems and crashes, let’s review some information related to Exness below. 

Information about the Exness trading platform

Investors are no strangers to Exness. This is a trading exchange that was established very early in 2008. The exchange was developed by a group of leading experts in the fields of finance and information technology. 

Among them, co-founder Petr Valor must be mentioned. He is a famous expert in the field of programming and the CEO of Exness. Currently, the group is headquartered in Cyprus. In addition, there are hundreds of offices located in countries around the world. 

• Exness License: Not only recognized by one organization, Exness is also licensed by a series of International Financial Management Agencies such as FCA, FSC, CYSEC, FSP, FSCA,…
• Trading Platforms: Exness cooperates with the most popular trading platforms today. Including Metatrader 4 and Metatrader 5. Besides, it also deploys applications that can be installed on phones and computers. Create convenience for traders to participate in simple transactions. 
• Trading products: There are more than 107 Forex currency pairs, 10 indices, 30 stock codes, energy (oil), cryptocurrency (BHC, ETH, LTC, XRP)
• The ICF Insurance and Compensation Fund will reimburse customers in the event of Exness’s bankruptcy. The compensation amount is up to €20,000.

Origin of information about Exness exchange collapsing

Recently, on social networking sites, news spread that the why is Exness not working. Although, it is unknown whether this is accurate information or just a rumor. But it also makes many people confused and worried. 

This news was clarified in 2016. According to research, on April 6, 2016, Exness was attacked by DDoS (DDoS – Distributed Denial of Service). DDoS attacks are known as a popular form of cybercrime to target high-level organizations and businesses. 

The incident was quickly detected and restored within 24 hours. But it still caused damage and seriously affected Exness. Exness’s trading terminals simultaneously encountered problems and were interrupted for a short time. 

However, this attack only disrupts the user experience when making transactions. The remaining personal information, accounts, and money are still kept safe and secure. 

Did the Exness exchange collapse?

The answer is NO. Up to now, there has been no case leading to the Exness exchange collapsing. All activities on the exchange always take place normally, order processing speed is fast, and information security is safe and transparent. Therefore, the number of people participating in trading at Exness is constantly increasing. If you are a new investor, you can safely participate in trading today. 

Why is Exness, not working exchange?

According to experts and investors, this is the most prestigious and best trading exchange in some countries. Not only that, it is also a familiar exchange for international investors. 

Exness always tries to protect customers’ interests in all cases in many different ways. Specifically:

• Applying directive 2014/65/EU on markets and financial instruments (MiFID) ensures compliance with claims and compensation for customers if Exness becomes insolvent. In case why is Exness not working, compensation will be made according to the above directive. 
• Exness follows the Segregated Account mechanism. At that time, investors’ money will be separated from Exness’ operating funds. The exchange absolutely will not use this money for any purpose or activity of the company. 
• In addition, Exness also uses the world’s leading independent auditing agency, Deloitte. 
• Since its inception, the exchange has been fully licensed by the world’s leading financial authorities. 
• Having risk insurance keeps investors safe. 
• All information related to Exness is provided fully, transparently, and clearly. 
• Customers can contact Exness to get answers to any information or problems they are having.

It can be seen that Exness is a reliable trading platform that investors can trust and participate in making profitable investments here. 

See more: Create Exness Account: Instructions for on your phone

If Exness crashes, how will users be compensated?

However, the case of why is Exness not working is very difficult. But if Exness not working forever,  what will happen in the future?

You don’t need to worry too much. Exness has a specific policy on compensation and support for investors as follows:

• Deposit insurance: Exness guarantees customers will not lose their deposited funds if the exchange collapses. Investors will receive compensation through independent financial insurance organizations or insurance funds.
• Customer transfer: Exness will transfer customers to another exchange of the same quality, ensuring financial safety for all investors. 
• Refund: If in the future Exness does not operate, the exchange will support customers by refunding deposits to customers.

See more: Exness scam? Facts all forex traders should know

FAQ – Why is Exness not working

There is a lot of news related to information about Exness collapsing and Exness being a scam. You can refer to a few questions below to better understand this issue. 

Can’t access the Exness domain name? Is it crashing?

Cases where users cannot access Exness are quite common. The cause may be due to being blocked by network operators, reporting errors, or not being able to connect due to restricted transaction policies. 

However, one thing is for sure, Exness is NOT DOWN, the scam information about Exness is baseless. If the link to Exness is broken, you can use the following tricks:

• Use another domain name.
• Fake IP by resetting DNS.
• Use free DNS change service 1.1.1.1.
• Use Google Translate by entering the link. Then, select the results next to the search. 

Is Exness licensed to operate in some countries?

The answer is NO. You can simply understand that, currently some countries do not have a license to control foreign exchange activities. Therefore, not only Exness but also all other exchanges around the world cannot have a license in some countries. 

So, if you see any ads for trading platforms licensed in some countries. One thing is for sure, this is a scam exchange. However, you don’t need to worry. Although not licensed by some countries, Exness has been recognized by reputable financial agencies around the world so it is impossible to scam. 

Above is all the information related to the issue of why is Exness not working. Hopefully, the above shares will help you find the correct answer and not be affected by rumors that affect your trading activities. Refer to the next articles to learn more about the latest news about Exness.