Exness Thailand Review
Exness is a reputable forex and CFD broker that was established in 2008. It has its headquarters in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. With over a decade of experience in the financial markets, Exness has built a strong reputation and has become a popular choice for traders looking for a reliable and trustworthy broker. In this Exness Thailand review, we will examine the broker’s features, services, and fees to assist you in determining whether it is the right broker for you.
Exness Thailand offers a wide range of trading services to its clients and is a leading online broker. The Thai Securities and Exchange Commission (SEC) regulates it, and it is a member of the Thai Futures Exchange (TFEX). Clients can access a variety of markets, including Forex, CFDs, commodities, indices, and stocks trading through Exness Thailand. The broker also provides a range of trading tools and services, such as automated trading, copy trading, and educational resources. Let’s find out more about what Exness offers to its traders in Thailand.
Account Types
The Standard Account
- suitable for novice traders
- offer access to more than 120 currency pairs, CFDs on indices, commodities, and stocks.
- with a minimum deposit of $1.
- Leverage ranges from 1:200 to 1:Unlimited
- spreads start from 0.1 pips
The Standard Cent Account
- the deposit is in cents instead of dollars. The minimum deposit for this account type is $10.
- offer access to more than 120 currency pairs, as well as CFDs on indices, commodities, and stocks.
- Leverage is up to 1:200
- spreads start from 0.3 pips
The Professional Accounts
- designed for experienced traders who require more advanced tools and features to execute their trading strategies.
- The minimum deposit for this account type is $200.
- three different leverage options, which are 1:200, 1:300, and 1:Unlimited.
- The spreads for this account type are floating, starting from 0.1 pips.
The Raw Spread Account
- designed for traders who want to trade with the tightest spreads possible.
- offers raw spreads from 0 pips
- with a commission of $3.5 per lot.
- The minimum deposit for this account type is $200
- traders can access a wide range of trading instruments.
The Zero Account
- designed for traders who want to trade with zero spreads.
- charges a commission of $3.5 per lot
- the minimum deposit is $200
- offers access a wide range of trading instruments, including forex, commodities, and indices.
The Pro Account
- designed for professional traders who require the most advanced trading tools and features.
- The minimum deposit is $500
- three different leverage options, which are 1:200, 1:300, and 1:Unlimited.
- The spreads are floating, starting from 0 pips.
Islamic Account
- swap-free and compliant with Sharia law.
- offer access to more than 120 currency pairs, CFDs on indices, commodities, and stocks.
- Leverage is up to 1:200
- spreads start from 0.1 pips
Trading Instruments
- Forex: Traders can benefit from the high liquidity and low transaction costs of Forex trading.
- CFDs: Traders can speculate on the price movements of a wide range of underlying assets using CFDs, which are a type of derivative instrument. CFDs are leveraged instruments, which means that traders can open positions with a fraction of the capital required to buy the underlying asset.
- Indices: Indices are a type of financial instrument that tracks the performance of a group of stocks or other assets. Exness offers a range of indices, including the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite.
- Commodities: Exness Forex offers a range of commodities, including gold, silver, oil, and natural gas, which traders trade on the financial markets as physical goods.
- Cryptocurrencies: Exness Broker provides a variety of cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin.
- Stocks: Exness offers a range of stocks from a variety of exchanges, including the New York Stock Exchange and the London Stock Exchange, which represent shares of ownership in a company.
- ETFs: Exness Forex broker offers a range of ETFs that track the performance of a basket of assets, including those that track indices, commodities, and currencies. These ETFs are a type of investment fund.
- Bonds: Investors can lend money to a company or government and receive a fixed rate of interest by investing in bonds, which are a type of debt instrument. Exness provides a variety of bonds, such as government bonds and corporate bonds.
- Options: Traders have the right, but not the obligation, to buy or sell an underlying asset at a predetermined price through options, which are a type of derivative instrument. Exness provides a range of options, such as call and put options.
Trading Platforms
Exness Thailand provides traders with access to a wide range of financial markets through its leading online trading platform. The broker offers various trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, all designed to provide a secure and reliable trading environment.
Traders prefer the MetaTrader 4 platform, which is powerful and user-friendly, offering advanced charting tools, automated trading systems, and a variety of technical indicators. The latest version, MetaTrader 5, and the cTrader platform also offer similar features and a range of order types.
In addition to trading services, Exness Thailand provides educational resources, customer support, and trading tools to help traders make informed decisions. The platform is constantly monitored and updated to ensure a secure and reliable trading environment, with customer support available through live chat, email, and telephone.
Fees and Charges
Exness Thailand offers a wide range of services to its clients and charges various fees for using its online trading platform. Traders must understand these fees and charges before engaging in any trading activities.
Exness Forex Broker charges a commission fee based on the volume of the trade and the asset type. The commission fee is a percentage of the total value of the trade. Additionally, traders may incur additional fees for certain services such as account maintenance, deposits, and withdrawals.
The broker also charges a spread fee, which is the difference between the bid and ask prices of the asset being traded. The spread fee is fixed and charged for each trade regardless of its size. Moreover, an overnight fee is charged for trades that remain open overnight, which is a percentage of the total value of the trade.
Lastly, Exness Thailand charges a fixed withdrawal fee for any funds withdrawn from the trading account. Traders must understand all of these fees and charges to make informed decisions and avoid any unnecessary costs.
Deposit & Withdrawal Options
Exness Thailand provides its clients with a variety of deposit and withdrawal options, which include bank transfers, credit/debit cards, and e-wallets.
- Bank Transfers: Clients can make deposits and withdrawals to and from their Exness accounts using bank transfers. The funds will be credited to the Exness account within 1-3 business days.
- Credit/Debit Cards: This is done by transferring funds from a credit/debit card to the Exness account. The funds will be credited to the Exness account within 1-3 business days.
- E-Wallets: Clients can also make deposits and withdrawals using e-wallets. This process takes 1-3 business days.
Exness requires all clients to use the same payment method for deposits and withdrawals in order to ensure the security of their funds. Additionally, clients must make all deposits and withdrawals in the same currency. Exness Thailand is dedicated to providing a secure and convenient way for clients to manage their funds, offering various deposit and withdrawal options to guarantee the safety and security of their funds.
Security Measures
Exness provides a secure and reliable trading environment for its customers. The company has implemented a range of security measures to ensure the safety of its customers’ funds and data.
Exness Thailand has implemented a segregated account system to protect customer funds. This system keeps customer funds separate from the company’s own funds, protecting them from potential losses. Additionally, the company requires customers to enter a unique code sent to their mobile device through a two-factor authentication system to access their accounts.
The broker also protects customer data by storing it on secure servers and encrypting it using the latest encryption technology. The company has a strict privacy policy that ensures customer data is not shared with any third parties.
Finally, Exness has implemented a range of security measures to protect its customers from cyber-attacks, including firewalls, anti-virus software, and regular security audits. Exness Thailand’s commitment to providing a secure trading environment is evident in its implementation of these security measures.
Security Measures
Exness provides a secure and reliable trading environment for its customers. The company has implemented a range of security measures to ensure the safety of its customers’ funds and data.
Exness Thailand has implemented a segregated account system to protect customer funds. This system keeps customer funds separate from the company’s own funds, protecting them from potential losses. Additionally, the company requires customers to enter a unique code sent to their mobile device through a two-factor authentication system to access their accounts.
The broker also protects customer data by storing it on secure servers and encrypting it using the latest encryption technology. The company has a strict privacy policy that ensures customer data is not shared with any third parties.
Finally, Exness has implemented a range of security measures to protect its customers from cyber-attacks, including firewalls, anti-virus software, and regular security audits. Exness Thailand’s commitment to providing a secure trading environment is evident in its implementation of these security measures.
Education Resources
Exness Thailand actively commits to providing traders with the best educational resources to help them succeed in the Forex market. It recognizes the power of knowledge and strives to equip its traders with the necessary tools and resources to make informed decisions and achieve their full trading potential.
Its comprehensive library of educational materials, including tutorials, webinars, and e-books, offers step-by-step instructions on how to use its trading platform, analyze the markets, and make informed trading decisions. The webinars provide valuable insights from experienced traders, and the e-books offer a complete overview of the Forex market with proven strategies for successful trading.
Along with the educational resources, the broker offers a range of trading tools and services, including a user-friendly trading platform, trading signals, and automated trading systems, to identify profitable trading opportunities.
Customer Support Services
Exness actively provides leading customer support services in the Forex trading industry. Since its inception in 2008, the company has consistently delivered quality customer service to its clients. A team of experienced and knowledgeable customer support representatives is available 24/7 to assist customers with queries and concerns.
Exness Thailand offers a variety of customer support services, including live chat, email, and telephone support, which customers can access via the website, email, or telephone. The customer support team, well-versed in the Forex trading industry, offers accurate and up-to-date information about the company’s services and products and provides advice and guidance on their use.
The company is committed to ensuring customer satisfaction and is dedicated to providing the best possible customer support services.
The Benefits & Risks
The benefits of trading with Exness in Thailand include:
- access to a wide range of financial instruments
- competitive spreads
- low commissions
- offers a range of trading tools and features, such as automated trading, copy trading, and leverage.
- the platform is user-friendly and provides a secure trading environment.
Trading with Exness Thailand poses some risks:
- potential for losses due to market volatility
- possible losses due to market movements
- does not provide any form of financial advice or guidance, so traders should always do their own research before making any trades.
Exness Thailand offers traders a range of reliable and secure trading services. Traders can access a wide range of financial instruments, enjoy competitive spreads, and benefit from low commissions. However, traders must always be aware of the risks associated with trading and conduct their own research before making any trades.
Is Exness a Legitimate Broker in Thailand?
Exness is a legitimate broker in Thailand. The Thai Securities and Exchange Commission (SEC) regulates the company, and the Thai Investors Protection Fund (TIPF) counts it as a member. Additionally, Exness is a member of the Financial Commission, which is an independent dispute resolution organization that provides traders with an extra layer of protection.
Exness commits to providing a secure trading environment for its clients by using advanced encryption technology to protect their data and funds. Moreover, Exness complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
Conclusion
In conclusion, Exness Thailand offers a wide range of services and features to its clients, making it a reliable and trustworthy broker. The Thai Securities and Exchange Commission regulates the broker, ensuring a secure trading environment. Traders can enjoy competitive spreads, low commissions, and fast execution speeds. Exness Thailand also provides various trading tools and resources to help traders make informed decisions. Overall, traders looking for a dependable and trustworthy broker should consider Exness Thailand.
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