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Forex support and investment advice, broker comparison and more. 65 Currencies, 18 Commodities, 17 Indices, 50+ stocks, 36 Crypto, AUS, UK, Dubai. In forex trading, scamming practices are often carried by the brokers. there were 7 Guilty Verdicts against 4XP in the Forex Peace Army. Gleneagle Securities PTY Limited, doing business as Global Prime FX, is a company that is registered Trade with the #1 rated broker on Forex Peace Army. FREE CRYPTOCURRENCY NEWSLETTER

Clients from other parts of the world can enjoy unlimited maximum leverage allowed on it. It also has a high trading volume. However, the maximum leverage of Exness is In such a case, the broker allows them to reset the balance in his account back to zero.

There is also no obligation to deposit more funds as working capital in order to cover up the negative balance. Though the ECN account holders pay the lowest spreads, they have an obligation to pay a commission proportionate to their trading volumes. All the updated market news is supplied via Dow Jones news feed, which has its own news channels that are streamed directly to the client portals of Exness.

Besides updated news on market researches, website Exness www. The regulated forex companies under the Exness banner also assure to provide support to the traders in the event of the broker becoming insolvent. As such, there are no rollover fees or inactivity fees charged by Exness, which is an excellent advantage for Exness clients.

Unlike other contemporary online brokers, Exness does not charge a hefty commission and unnecessary trading costs like inactivity fees. All these account options require different account balances, and the traders can open a trading account which he thinks he would be able to manage in terms of maintaining the minimum account balance and enjoying the trading spreads.

Swap rates particularly those on leveraged overnight positions are applied as mentioned in the Client Agreement. Fees and commissions may vary depending on the trade size or instrument the client is trading. It is the perfect platform for those who are not so used to sudden interruptions or downtime, which are pretty much inherent to online FX trading.

Through its excellent customer support, Exness customers can get help whenever required via live chat, phone call, or email through the contact us section. The stringent account security adds reliability to the platform and helps them. As these market makers operate online, the only way of interaction is through the customer care executives via the contact us section. So, it is essential to have a robust support team, which immensely adds to the credibility of the platform, and the clients also feel very safe and at peace while trading via this platform.

Risk warning: Please note CFDs are complex instruments and come with high risk. Many retail investor accounts lose money when trading CFDs. As per our review , Exness also has Exness Academy. Exness Academy has video tutorials, webinars, news from markets, information materials, and other educational material for traders to enhance their trading skills and trading ideas.

Exness also allows traders to place stop-loss limits. Risk disclaimer: The forex market is subject to volatility. Please consider your financial condition and invest as per your risk appetite. Exness Features Pros Cons Registration process is absolutely free and also the traders are allowed to start over trading even with a minimum account balance that reduces the burden of financial commitments to a large extent.

Less financial products offered as compared to other online brokers of the like. If one trading account fails to earn a substantial amount of profits or if the trader is not satisfied with the amount of profit, he can swiftly switch on to the other accounts and place trades at his own discretion.

Leverage ratio for European clients is low at only Excellent customer care service available through the Contact us section. The contact us section allows you to contact the customer support executives instantly via live chat, phone calls, emails, or even over social media platforms. As far as the working process is concerned, Exness offers some of the easiest steps directed towards account creation on the platform. To trade with Exness online trading platform, traders need to follow the simple steps.

Registration for account opening requires traders to visit the official website of Exness, and fill up the registration form, that they will get on the upper right-hand corner of the page. They need to fill in their credentials as to their full name, address, email id, phone number.

With these credentials, this website will create an account in the name of the trader and the account number will be shared with the trader. The trader also needs to provide a robust password for his account number. This password he will need to feed in every time he logs in to his account number on the Exness platform. How Does Exness Work? Next, in order to make this account active, the trader needs to produce and upload documents in support of the details that he had provided at the time of registration of the account on the Exness platform.

Valid documents that are accepted on the Exness platform are a driving license, bank statement, or any other government stamped documents. For address verification code, any of the utility bills will do, but make sure that the utility bills are not more than 6 months old. Bank statements are also accepted. All these documents should contain the same details as fed into the registration form by the trader otherwise, the account will stand inactive.

The trader, however, does not need to reply to this mail received at his email address as this is an autogenerated one. Mini accounts can be funded with any amount at the discretion of the traders. The Pro account is apt for experienced traders.

Alternatively, there is also a provision to sign up for a demo account that is absolutely free. Through a demo trading account, the traders can test the online trading ecosystem and the trading strategies that work. The payment system of Exness is very convenient.

There are various payment methods available on the Exness trading platform, so the trader will never face any issues as to the payment options. Exness offers EPS, cryptocurrency, bank cards, local payment systems, and internal transfers. Though at the time of registration only some basic details were required to fill in the registration form, to make the deposits and withdrawals the traders need to feed in some more details like the card details if he is using cards or e-wallet details if he is using e-wallets to make the deposit money.

Though there is a high risk associated with trading with an online broker, trading with Exness will build in that confidence in you that you have never experienced with any other FX brokers alike. Yes, Exness is undoubtedly a good FX broker with amazing forex ratings forex ratings. It is in no way a scam broker. Offices located in Cyprus and the United Kingdom do not provide services to retail clients.

This Telegram channel does not have educational information, and they do not post news or charts. Although they share important information, it might be an annoyance to some that every signal they send has a paragraph below that tries to convince non-paying members to join their paid VIP channels. Members are even allowed to leave comments on their signals if you have any doubts or observations, which they are quick to respond to. It is important to note that this Forex Telegram group shares Nasdaq market information only as at the time of writing.

Every day they have different information, sometimes memes, daily price charts, and breaking news. However, they mostly show forwarded messages from their VIP Telegram group that will talk about pips, profit, and periods of a certain pair. This Forex Telegram channel offers educational information on social trading as well. They add links so you can continue reading if you are interested in their content. They send out messages that vary in their content. Some days they post about a broker they recommend with an attached link.

You will also find charts that are analyzed and drawn on for a better understanding. You can read last week's briefing to catch up if necessary and stay posted on market updates even from the free group. Some of these are not profoundly analyzed, which could complicate the understanding of beginners. However, most charts are explained in a short paragraph below and have colored markers on them for a better recognition.

It is important to mention that this Forex channel does not provide any educational services. Forex Technical Analysis and Signal offers a premium account for those who understand price charts and would like to receive even more updates.

You can find two groups from this page: the first is Profit Forex Signals, and it has over 3. The suggestions and information posted on this group are for traders who already understand the basics. The second Facebook group, initiated in , is Learn Forex with Profit Signals that, as the name may suggest, offers social Forex learning through daily posts. This group has over four thousand members.

If you like what they offer in their free groups, you can also become a member to access more information and Forex charts. The group was created in and has thirty-nine thousand members today. Forex Trading for Beginners offers free courses that are mostly focused on what they believe is critical for profitable Forex trading: chart formations.

The training program is sent to you in an easy to understand format through videos with organized and clear information. You can also learn about mastering emotions, setting stop losses, and understanding trading techniques. Forex Traders U. A is an excellent group if you want to communicate with other traders. You can ask questions and respond to posts about advanced trading subjects or topics for beginners.

Their over two hundred and thirty-seven thousand members have access to files that have been uploaded. These include free courses, books on how to trade, PDFs about Forex myths, and more. It is a safe group since every post and file uploaded must be approved by the admins in order to appear on the timeline. There is a section for events.

In the discussion section, you are allowed to post or comment so as to read, share, or ask about Forex information. Other members promote their courses, ask questions, and talk about market movements. Although members and admins upload media such as charts, there is no section available for files such as Forex PDFs or eBooks. If you choose to enter the group, you must answer three questions in order to be approved.

In this way, the admins try to control bots or people who are not genuinely interested in Forex trading. They believe communication is critical and offer their Whatsapp number, Telegram channel, and email address for you to contact them in a more private manner. In this group, with over one hundred and forty-seven thousand members, you will find links to important news that can change market sentiment so as to be aware of any changes. This group has only one admin, James Hook, which lets you join without asking any questions once you send a request.

In the media section, you can find images, videos, and albums. The admin has uploaded videos where he explains chart movements in less than five minutes. These videos have been recorded from his computer screen, and he works on charts as he talks to the viewer. They are aimed at Forex traders who understand basic technical language.

The admin opened this group less than a year ago and already has forty-eight thousand members. Although you may not post, you are free to comment, like, or share what the admin uploads making it an excellent way to communicate with other traders. There are also pinned announcements with information on future courses or downloadable Forex videos through a link. This group has a file section with no uploads and a media folder with photos and videos about charts.

Some of these are not explained, which leaves new traders without helpful information. Their fifteen thousand members can interact with each other on the discussion tab. You are allowed to upload pictures and videos as long as they are a positive element for the group since a post must be approved beforehand before it gets published. In this Forex group, you can find inquiries of people who need suggestions, information on specific brokers, insight on currency pairs, and even simple definitions like what a broker is and does.

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