Forex trading (Also known as foreign exchange trading) is an online foreign exchange trading market. The market pursues buying and selling operations regarding all sorts of foreign currencies across the globe.
The market had observed a daily turnover of 6.6 trillion dollars by the end of 2019. Furthermore, it is the only type of market open 24 hours a day and 7 days a week for trading.
Nonetheless, you need to get yourself with one of the regulated brokerage houses of the locality to start forex trading in a specific area.
Regulated brokers are legal forex trading firms regulated by the government authorities to oversee the forex trading operations in the region.
Exness brokers are one of the credible names in the work of the foreign exchange market. The brokerage house commits many benefits to their clients. And one of them is the benefit of Exness minimum deposit.
But first, let us have a brief of the history of the broker company to get a better picture of its services and credibility.
A brief about Exness
Exness is one of the brokerage firms in the forex market. The firm came into being in the year 2008. It is regulated and overseen by the Cyprus securities and exchange commission (CySEC) and Fsca.
Exness has its headquarters in Cyprus with its operational offices in the United kingdom, Singapore, and Malaysia.
The company is divided into three entities. I.e., Exness CY, Exness UK, and Exness limited. The firm is popularly known for its flexible accounts types and diversity of financial instruments.
The firm currently offers three types of real live trading accounts that are as under
- Exness standard account
- Exness is spread account
- Exness zero account
- Exness pro account
Apart from these accounts, Exness also holds a free demo account to offer their new clients to practice the trade.
All of the above-mentioned live trading accounts consist of different requirements and specifications, plus the minimum deposit for each varies for all. However, the overall lowest deposit of all is 10 US dollars ( for the standard account).
The firm gives a lot of Exness minimum deposit benefits to their customers. Let us look at some of them in detail.
Advantages of Exness minimum deposit- opportunities starting from a 10$
Exness allows you to start trading operations from an amount as low as 10 US dollars. There are countless benefits of Exness minimum deposit, that is as follows.
You get one of the best brokers for yourself.
Exness is an award-winning firm. Hence when you sign up for the Exness minimum deposit, you get registered with one of the best and trustworthy forex brokers in the world.
And the same is the reason that you are at ease and do not have to switch brokers after every few months.
You get to 100* the minimum deposit.
Exness provides you a chance to multiply your minimum deposit 100 times. Wondering how?
Well, Through the leverage too. Don’t know what it is? It is a renowned tool in the forex trading world used to boost profit generation up to a hundred times.
It means that you get a chance to pursue the trading operations of a far greater amount than the actual amount that you have in your live-fired trading account.
The leverage rate varies, but it is expressed mostly in ratios such as 1:10, 1:50, or 1:100, and so on. So, let’s say you have 10 dollars in your live trading account, and you apply the leverage of 1:100.
You can now trade with the sum of 10,000 thousand even though you don’t have that much in your account.
Transparency of operations
As discussed earlier, Exness holds a reputable position in the market or foreign exchange. And reputation and credibility are some of those elements which aid the trader to decide whether to trust the brokerage house or not.
Thus when you get yourself registered with Exness with the minimum deposit at Exness. You get transparency and safety of money transactions and trading operations.
You get a free demo account
Different brokerage houses grant demo accounts to their clients to make them understand the basics of trading. And so is the case with Exness.
When you sign up for the minimum deposit at Exness, you get free access to their demo account. The free demo account at Exness holds more than 80 instruments, including entities, commodities, and all sorts of currencies.
Also, the account uses MT4 as the main trading platform. However, the demo account is exempted from any bonus at Exness.
Security of funds
The government authorities of the locality legalize regulated brokers. The regulated broker is bound by the law to grant their customers the complete safety of funds. As in case of failure, the firm can even observe a completed ban on their trading operations. Which any firm obviously. don’t want
And, since the Exness is one of the regulated broker firms working for quite a long time now. So when you register for an Exness minimum deposit. You can rest assured of the complete security of funds.
Some extra but crucial information
How to deposit the minimum asked amount.
The firm lets its clients deposit the minimum amount in their accounts in a wide variety of ways. You can use Bitcoin, online money transfer, Bankcard, Perfect money, Internal transfer Web money, or skrill to make the minimum deposit.
To conclude, Exness is one of the many amazing platforms to step into the world of forex trading. The platform enables a trader to trade on commodities, foreign exchange, or cryptocurrencies.
Furthermore, the site provides traders with other facilities such as a friendly and efficient environment to start trading.
Exness minimum deposit is one of the important ways to benefit from all of the other advantages. You can further look on to their official website for more information and assistance.