Many people have the goal of earning additional income alongside their primary job. This interest has driven up the number of consumers engaging in trading platforms. Global brokerage Exness is no stranger to this industry; they are familiar with over 530,000 active clients and a monthly trading volume of over NGN 780.50 trillion (USD 3.31 trillion). Coupled with critical features like offering instant withdrawals 24/7, transparent price history, and fast and reliable execution, it’s unsurprising that Exness has earned its reputation as a reputable broker.
With the rise of mobile devices, Exness has fully fleshed out its trading application to accommodate more users worldwide— including those from Nigeria. In this article, we’ll explore in-depth the top features of the Exness trading app, its advantages over other platforms, and some tips on maximizing the Exness platform.
Top features of the Exness trading app
Full trading functionality – Users can manage all their orders easily over their phone, adjust their profit and stop loss levels, as well as customize leverage.
Real-time market data – The app can give real-time quotes, charts, and economic calendars for users on multiple asset classes.
Trade on multiple markets – The platform has access to over 200 assets in stocks, forex, metals, cryptocurrencies, indices, and energies.
24/7 deposits and withdrawals – Users can enjoy deposits and withdrawals every day using popular payment systems, e-wallets, and crypto-wallets.
Advanced trading tools – Exness relies on MetaTrader trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5) to enhance technical analysis capability. From technical indicators to customizable charts, traders can use these tools to make better trading decisions.
Free VPS hosting – Virtual Private Server (VPS) enables traders to run automated trading strategies that don’t rely on internet connectivity limitations, allowing users to facilitate fast and reliable execution anywhere.
In addition to these features, Exness ensures its security complies with the Payment Card Industry Data Security Standard (PCI DSS) standard, which is one of the initiatives established by the Central Bank of Nigeria, in an effort to fight off cyber threats.
Recently, under the broker’s Chief Security Officer, Kirill Ermakov, Exness has also implemented advanced security solutions to monitor and react to attacks. This ensures vulnerabilities are eliminated while anti-DDoS systems and other technologies still safeguard the company’s assets, systems, and operations.
Steps in using the Exness trading app
If you choose Exness as your brokerage, it’s essential to familiarize yourself with its different functions to ensure you meet your needs. Below are some key steps to consider:
Determine your account choice
Exness offers mainly two types of accounts: standard and cent accounts, with the latter only allowing users to trade forex and metals. While limited, cent accounts are best for beginners as these have lower spreads, margin requirements, and trade volumes. Both accounts offer unlimited leverage and spread starting from 0.3, so cent accounts can serve as a good stepping stone.
Research your intended markets
Exness provides a wealth of fundamental and technical analysis information, allowing you to use various tools like economic calendars and real-time price charts to anticipate market trends.
Organize instrument view
Given plenty of instruments available for trade on Exness, organizing them into categories to speed up your trading is ideal. On the application, you have the option to view securities under separate categories, namely “favorites,” “popular,” and “top movers” — with the latter two automatically updated based on the number of orders and price changes, respectively.
Brokerage Exness offers plenty of features that not only help improve the trading experience but can help users boost trading outcomes. If you’re interested in greater security and access when trading on free internet browsing or free data, we recommend visiting this post called “The Best Tunneling Apps/VPNs for Free Internet Browsing”.
Last Updated on July 25, 2023 by NetworkPalava Admin
