Bonus Exness Kenya
Exness Kenya recently obtained an FX brokerage license from the Capital Markets Authority of Kenya (CMA), further expanding their presence in the region.
Exness provides online CFD trading on a wide selection of markets and instruments, such as forex, commodities, indices, energies and cryptocurrencies. They also provide various account types including commission-free and spread accounts.
Online CFD trading
Exness Kenya provides online CFD trading on more than 200 instruments, such as forex currency pairs, metals, crypto currencies, stocks, indices and energies. With offices around the world - in the United Kingdom, Cyprus, Seychelles and South Africa - Exness has an expansive global reach.
The broker is regulated by the UK Financial Conduct Authority and CySEC, while its Nymstar and Vlerizo subsidiaries hold licenses from Seychelles Financial Services Authority and South African FSCA respectively.
Exness provides a broad selection of trading instruments and support tools to help traders maximize their trades. These include MetaTrader 5, an advanced platform for CFD trading, and MetaEditor - a tool which enables users to create custom scripts, technical indicators and trading robots.
Exness offers a free demo account to all new clients as an incentive. This is an invaluable opportunity to become familiar with the MetaTrader 5 platform and craft your own strategies. Furthermore, this is an ideal chance for practice risk management techniques and testing new trading tactics before investing actual funds.
Leverage, or the ability to buy more than you have in your account, is available on some types of CFDs. This gives you the potential to trade with much larger sums than what you actually possess; however, if you don't understand how leverage works and how to manage risks properly, then you could end up losing a substantial amount of money.
Leverage available to traders varies between trading entities and instruments. Retail traders usually have access to leverage of up to 1:30, while professional investors have the option of trading at up to 1:500.
Exness offers a host of features to protect clients against losses, such as negative balance protection and segregated client funds. These measures are essential for guaranteeing investors' security.
Exness has earned a well-deserved reputation for providing a secure trading environment. To further bolster this commitment, the company is authorized and regulated in each jurisdiction where it operates, plus publishes its financial reports with complete transparency - including regular audits by Deloitte, one of the Big Four accounting firms.
Fast withdrawals
Exness Kenya provides traders with a selection of deposit and withdrawal methods, such as Bank Card, Perfect Money, WebMoney, Neteller and Skrill. These options are user-friendly with fast processing times.
To deposit funds, simply log in to the Personal Area and click "Deposit." You can also make deposits from your mobile device using the Exness Trader app. Similarly, if you need to withdraw funds, log in to the Personal Area and click "Withdrawals."
Withdrawal requests are processed 24/7. Usually, they take 24 hours to process but could also take up to 72 hours. If you're uncertain about your withdrawal status, contact the broker and inquire.
When depositing funds, it's essential to select the correct base currency. Doing so helps avoid exchange rates or conversion fees on your deposit. Furthermore, take into account any minimum requirements set forth by your account type when choosing which currency type should be used.
You have the option to select the currency for your account, though be aware that any deviation may result in a loss of funds if not done with the base currency. This depends on your country's regulations.
Before making a payment, it's wise to check with your bank or payment system for any applicable additional charges or fees. These can usually be found on the website of your chosen payment option.
Another alternative is to utilize personal payment accounts managed under your name, which may provide a more secure method for funding your trading account. However, keep in mind that these personal accounts are not insured against fraud or loss.
Security-wise, always withdraw funds in proportion to the amounts deposited into your account. This helps prevent money laundering and guarantees your financial safety.
Exness is well-regulated across multiple regions, making it a reliable option for forex traders. Although its withdrawal from the EU/UK market due to tougher regulation is cause for concern, Exness remains licensed by Cyprus's CySEC and South Africa's FSCA. Furthermore, Exness has offshore operations in Seychelles - another sign that this company has earned itself an excellent reputation.
Betterthanmarket conditions on the world’s financial markets
Are you looking to trade the world's biggest financial markets from your phone or laptop without needing a physical trading desk? Exness's user-friendly mobile app makes it simple to navigate these global markets with ease. From market analysis and trending news, to mobile deposit and withdrawal options and 24/7 in-app support, this one-stop shop for all online trading needs provides invaluable value. With features like real time price and volume updates, Exness helps maximize time and money with its superior mobile capabilities.
Always trade responsib
Trading responsibly is essential when engaging in any financial activity. This means taking time to understand risks and how to minimize them. Furthermore, trading responsibly means not risking more money than you can afford to lose, as well as using leverage sparingly whenever possible.
Kenya presents many business opportunities due to its strong market-based economy and ongoing legal reforms. Furthermore, as a member of the Common Market for Eastern and Southern Africa (COMESA), businesses in Kenya can access 21 other countries, providing them with access to an expansive market.
Kenya is increasingly seen as one of the most attractive countries to open a business. Furthermore, World Bank ease of doing business rankings indicate that the government is actively working to make doing business easier and more profitable for entrepreneurs in Kenya.
Domestic trade in Kenya is an integral component of the economy, providing employment and facilitating distribution of goods and services. Therefore, it's essential that this sector continues to flourish.
In order to accomplish this goal, the country has taken various policy initiatives and measures to support this sector. These include i-Tax, an online platform for filing taxes; e-citizen portal for registering company names, businesses and partnerships; as well as business law reforms to ease of doing business. All of these policies have contributed to improving the country's ranking on the World Bank ease of doing business 2020 survey.