Is Exness Kenya a Genuine Forex Broker?
Exness Kenya is an established forex broker that has been in operation since 2008. They provide a range of trading products and services.
Trading options offered by Stock, Index & Metals Broker include forex, CFDs, stocks, indices and metals. Furthermore, an app allows traders to trade while on-the-go!
This company is licensed by the CMA and provides zero deposit and withdrawal fees. Furthermore, they boast low spreads.
Trading with a Reputable Account Manager
Finding a trustworthy account manager is essential for the success of your trading venture. They should assist in developing skills, improving risk management, and increasing profit potential. Furthermore, they must offer various services and products tailored towards meeting individual requirements.
A reliable broker should also be willing to answer your queries and offer support in multiple languages. They should have a help center accessible in English, Chinese, and Thai.
Exness is a forex broker that provides various accounts for traders with various levels of expertise. Its Pro account caters to more seasoned traders while the Standard account caters to newcomers.
Kenyan traders have access to a range of deposit and withdrawal methods, such as ewallets, credit cards and bank wires. Before using any particular payment method it's essential to confirm the minimum required deposit amount.
Exness adheres to multiple regulatory bodies and international standards when it comes to security. It has secure logins and portal access, as well as high-tech encryptions and industry-standard data privacy protocols.
The firm provides a broad selection of financial instruments, such as CFDs and Forex. It has become an attractive option for many forex traders in Kenya due to its superior customer service and top-tier trading platforms.
Traders can access the platform via web browser or mobile app, with customer support available 24 hours a day and seven days a week.
When selecting a broker in the United Kingdom, it's essential to find one regulated by the FCA (Financial Conduct Authority). Doing this ensures your funds remain safe should the company go bust and you won't lose more than what you initially invested.
Another advantage of working with a broker regulated by the FCA is that you will enjoy negative balance protection. This means you may lose less than your original investment, providing great security for your trading capital.
Exness also offers a CPA program for affiliates that pays up to $1,770 per active customer referred by you. This program can be utilized by affiliates in over 40 countries and provides an easy way for people to make extra income without investing much effort.
Trading with a Demo Account
Demo accounts offer traders the opportunity to practice trading without risking real money. They let you test new strategies and learn about Forex brokers before investing any actual funds. Furthermore, demo accounts help refine your trading skills and boost overall performance in the markets.
ExnessKenya provides a selection of demo accounts to fit your individual needs and goals. Whether you're just starting out or an experienced trader experimenting with a new strategy, there is something here for everyone.
Exness offers a demo account as an incentive, allowing you to test out its trading platform without risking any of your own funds. With this free service, you can explore all of Exness' market analysis and order management capabilities without risking any of your own funds.
To open an account with Exness, you'll need to register and verify your personal details. This process is fully digital and typically takes less than 48 hours.
Once your account has been verified, you can begin trading immediately. With Exness, you can fund and withdraw using various payment methods including Mpesa; however, please be aware that this may not be convenient for all traders.
Alternatively, you can fund your Exness account through bank transfer. To complete this process, provide your bank account number, email address and password.
Before you can begin trading with ExnessKenya, you must first create an account. Doing so grants access to your Personal Area where you can manage your funds and make deposits and withdrawals.
Once your account has been opened, it's time to select your trading strategy. Make sure the strategy fits with your trading style, risk tolerance and investment objectives.
As you trade, a balance will accumulate in your demo account. This allows you to determine how much capital needs to be invested into the market to reach your objectives.
Once you've chosen a trading strategy, it is essential to execute regular trades to stay within your expected profit and loss. Furthermore, be sure to adhere to the capital management regulations of your broker; doing so may prevent reaching your maximum leverage limit and incurring margin calls.