Exness Has The Best Spread For Traders.
Among the major retail brokers, Exness Malaysia is by far the most popular. They give professional traders a safe place to sell and good trading conditions. Their low spread is one thing that makes Exness stand out.
Review Of The Exness Spread.
Cent Account
This account is the source for people new to Exness and the forex market. You only need to put down one dollar to open more than one $0.0001 lot. Traders here don’t trade much money, so the cent account is mainly used for practice. Brokers still have to treat them the same as other traders. Because of this, this type of account tends to have a higher spread.
But that isn’t the case with Exness. The spread is only 0.3 pip, which isn’t very high. The EUR/USD pair, the most common pair, only costs about 1.1 pip. This spread rate is much lower than the standard account rate of other brokers.
Mini Account
Data shows that 80% of all traders for Exness spread use a Mini account. Traders like it because it requires a small deposit.It gives them unlimited leverage. moreover, has a wide range of currency pairs, low spread, and lets them get their money immediately.
The EUR/USD pair of currencies spread about one pip. The spread rate for other well-known currency pairs is also pretty low. Exness doesn’t charge traders any commission for Bitcoin, Litecoin, Ethereum, etc., when they use a Mini account. Most people think the spreads on these currencies are the lowest on the forex market.
Classic Account
This account is for traders with a lot of experience because it costs $2,000 to open. Because of the spread rate, this type of account is popular with professional traders. It is the best account of Exness spread you won’t find anywhere else. Exness costs traders as little as 0.1 pip.
For the EUR/USD currency pair, the spread is only about 0.5 pip if you do an instant execution and only 0.9 if you do a market execution. This spread is the lowest ever compared to other big brokers. With this account, you can also trade cryptocurrency without paying any fees.
Exness Pro Account: Trading At The Next Level
When you trade forex as a business, choosing a good trading account is very important. If you think you have enough experience and want to play with the big boys, you need to be careful when picking your professional account. Therefore, Exness Pro account, is one of the best professional accounts on the market.
The old name for this account was Exness Classic account. But because of a recent change at Exness, the account is now called an Exness Pro account, which is a better name. Let’s look at how it works perfectly for traders who do it for a living.
What’s Included In An Exness Pro Account
Do you know that most professional accounts require a minimum deposit of $1000? Exness knows that traders worry about this, so the minimum deposit for this account is only $200, which is five times less than what other big brokers require.
This account has a spread that starts at only 0.1 pip. Spreads many big forex brokers like Exness don’t offer this low. Also, there are no fees or commissions of any kind and no hidden costs.
Exness Spread.
Next, the Exness Pro account has the most leverage, which helps margin traders make more money. So you can keep your order open and have more money left over. The most leverage that can be used with this account is 1:Unlimited, a feature only Exness has. Their smallest standard lot size is 0.01 lot.
Exness Leverage.
You can also place orders right away with this type of Exness account. Exness also has a powerful server. Because of this, the Exness doesn’t have too many mistakes. When you have to trade at a different price, this is called “slippage.” Then you put in the one because it takes the broker too long to carry out your order and the market price has changed.
Swap-free is a feature of the Exness Pro account for people who live in Muslim countries. That means you don’t have to pay anything to keep your positions open overnight
Lastly, you will get help in your language. You will have many questions that can only be answered by people who speak your language. Exness supports several languages, such as Chinese, Thai, Vietnamese, Bahasa Malaysia, Arabic, Russian, and English. It is best for you if you can speak one of those languages.
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