Exness: A Forex Broker That Provides Cent Account

Investor Milenial
3 min readApr 14, 2021

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New to trading? Don’t worry, everything always starts from scratch, including when you are in the world of trading. To suit the needs of new traders, Exness provides a selection of standard cent accounts that might suit them.

Overview

Founded in 2008, Exness is a well-regulated broker with tight spreads and unlimited leverage. With its market methods and instant execution and full support for MT4 and MT5, Exness is a good choice — this is also supported by Exness’s reputation as a sponsor of Real Madrid which is well publicized.

Unlike its competitors, Exness offers 24/7 customer service and most traders will find something that satisfies their needs from the wide variety of account types on offer.

Is Exness Safe?

Exness is considered a new broker when compared to other competitors in the market. The company was founded in 2008 and has been regulated by the Financial Conduct Authority (license: 730729) since 2016 and CySEC (license number 178/12) since 2012.

In terms of market innovation, traders view Exness as a more traditional broker due to its reluctance to include the social trading aspect; however, the lack of exposure to social networks doesn’t appear to have a negative impact, as this broker consistently generates 450 billion USD worth of business annually.

Exness has received frequent industry awards and recently won awards for Best Global Forex Customer Service 2019, Best Global Forex Trading Experience 2019 and Most Trusted Global Forex Broker 2019 at the Global Forex Awards. Exness is also one of the main sponsors of Real Madrid.

Trading Conditions

Trading conditions at Exness are arguably the best in business and trading is generally carried out on the market without intervention. With low-cost cent accounts for new traders, unlimited leverage on all MT4 accounts, and a wide range of assets to trade on, Exness ensures that its product offering will appeal to all types of traders.

Account Type
Exness is an STP / ECN type broker, so it can provide its clients with a choice of four types of trading accounts, namely Cent, Mini, Classic, and ECN. The favorite account type of Indonesian traders is the Mini account. However, novice traders usually choose to register for a Cent account. The following is a complete description of the services for each account type:

1. Standard

  • Minimum deposit none
  • Leverage up to 1:Unlimited
  • Spread from 0.3

2. Standard Cent

  • Minimum deposit none
  • Leverage up to 1:Unlimited
  • Spread from 0.3

3. Raw Spread

  • Minimum deposit 200 USD
  • Leverage up to 1:Unlimited
  • Spread from 0.0
  • Commission per lot/side up to 3.5 USD

4. Zero

  • Minimum deposit 200 USD
  • Leverage up to 1:Unlimited
  • Spread from 0.0
  • Commission per lot/side from 3.5 USD

5. Pro

  • Minimum deposit 200 USD
  • Leverage up to 1:Unlimited
  • Spread from 0.1

Benefits of Registering with Exness

  • Various deposit and withdrawal methods, including Wire Transfer, Credit Card, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, Bitcoin, and Tether.
  • Exness also offers deposit withdrawal channels through local banks which can be done via Internet Banking in an exclusive manner. Payment and withdrawal services at this broker are provided free of charge or without fees, no matter what transaction method you use.
  • The account base currency options include USD, EUR, INR, AUD, RUB, IDR, BTC and USDT.
  • Muslim traders can choose the interest-free (swap-free) account option that complies with the provisions of the Shariah.
  • Exness does not limit trading techniques, so traders are free to use any technique, including for Hedging, Scalping, News-Trading, and Autotrading.

Conclusion

Until now, Exness is a trusted and professional STP / ECN broker. Amazingly, Exness is one of the brokers that is monitored cleanly, without ever getting caught in a case that damaged its reputation. This could be for example bad payments, embezzlement of funds, or accusations of an Exness broker of fraud.

Even so, of course there are still some subjective and minor complaints from clients. So, there’s no need to hesitate anymore to become an Exness broker partner to get a comfortable trading experience.

To join Exness, you can access the following link: https://bit.ly/3dZmaP4

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