Exness claims to provide a list of excellent trading tools that can help you trade with confidence, regardless of your expertise. Are they worth it?
If you plan to enter the forex market or other financial markets, you basically need a broker, a trading platform, and an internet-connected device to run the software. Financial markets are now more accessible than ever, but that doesn't make online trading any less competitive. Therefore, if you want to make profitable trades, you need every advantage you can get. You can increase your chances of success by using the right combination of trading tools.
Trading tools basically allow you to make profitable trades and avoid bad ones. These tools can be used either for fundamental or technical analysis. Most traders like to use a combination of both technical and fundamental tools to get the best analysis of the price movements of a certain instrument. In Exness, there is a good amount of technical and fundamental tools provided on the platform.
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Why Exness?
The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.
Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.
Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.
The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.
Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.
Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.
The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.
Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.
The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.
Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.
One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.
Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.
Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.
When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.
From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.
Exness is a leading online brokerage firm that was founded back in 2008. The broker focuses on providing trading services, partnerships, and corporate solutions for worldwide clients. Exness offers a wide range of opportunities and a chance to explore various financial markets, such as forex, stocks, energies, indices, commodities, and cryptocurrencies.
It is suitable for both rookies and experienced traders. More importantly, their award-winning team of customer support is always ready 24/7 to assist clients in 16 languages. They also support clients with some of the best trading tools as explained below:
See Also:
1. Economic Calendar
The Economic Calendar is a tool that provides upcoming global high-impact economic news in chronological order by date. These major events usually have a significant effect on the financial markets and are typically announced in reports. Some examples are economic indicators, interest rate announcements, GDP releases, Consumer Price Index (CPI), Non-Farm Payrolls (NFP) numbers, and more. With the Economic Calendar, traders can easily keep track and analyze upcoming market-moving news, and use the data to plan their next trades.
Since the events could highly affect the price movements on the market during the time of release, it's a good practice to regularly check the calendar before the trading day. Important news that might cause higher impact is marked with a red icon under the "Impact" column.
Also, it's worth mentioning that Exness clients can get notified approximately 45 minutes before a news release to inform them of the time and instrument that might be affected by the underlying news. The notification will be sent via email to the "Mailbox" tab in the trading platform.
Furthermore, the Economic Calendar is accessible via websites or Exness Trader App. You can simply bookmark the page and visit it regularly to stay up-to-date with the market. By default, the calendar will show all of the upcoming events in chronological order. However, if you want to be more specific, you can choose the currencies or stocks that you'd like to analyze from the dropdown list. Then, you can see the relevant events in the table below it.
2. Trading Signals by Trading Central
Exness offers access to trading signals provided by Trading Central, a well-known investment research provider. The signals incorporate various analytical approaches, making it a valuable tool for any trader in all market conditions and time frames. You can get insights on expected trends in a specific financial market or instrument. It can certainly save your analysis time and give you a better chance at getting positive trade results.
The Trading Signals are available on your Personal Area or the Exness Trader App. You can easily access them for free and use them to plan your trades whenever you want. Just remember that not all of these signals are guaranteed to be fully accurate. So, you'll also need to apply your own trading knowledge and research instead of relying on these signals only.
3. Market News by FXStreet
Get access to a real-time feed of the latest Market News provided by FXStreet, which is known as a reputable source for up-to-date news and real-time forex analysis. This tool is available for free in your Personal Area or Exness Trader App. Financial markets react to big news, so it is quite important to keep track of the news when trading. By analyzing the price movements and how it reacts to certain news, you can make informed trading decisions, such as whether it's better to wait, open trade, or exit the trade.
4. TC Technical Analysis Indicator
Exness clients can get access to various technical analysis indicators provided by Trading Central. Simply download the multilingual, customizable plugin on the MetaTrader 4 desktop platform to use it. The plugin consists of a wide range of technical analysis strategies, forecasts, financial commentaries, and key areas that can be applied directly to the live trading charts. This feature is available on most tradable instruments and time frames. Additionally, it allows you to program and fill in orders based on Trading Central levels straight from your MT4 platform screen.
5. Trading Central WebTV
Last but not least, Exness offers Trading Central WebTV, which allows traders to watch the latest financial news broadcast live on every trading day from the floor of the New York Stock Exchange. The videos are equipped with market commentary and insightful trading ideas provided by Trading Central. You can use the information to stay informed on the latest financial market events.
The news streams are updated at around 12:00 GMT on every trading day, basically before or at the time of the opening of the NYSE. You can watch the videos in multiple languages, including English, Simplified Chinese, and Arabic. This feature is accessible for free to all Exness clients as well as public viewers.
The Bottom Line
Exness provides easy access to a number of valuable trading tools. All of the tools mentioned above are completely free and can be accessed either directly from the website or your Personal Area. Each tool serves a unique purpose, so you can choose which ones are suitable for your trading styles and able to help you improve your trades. You can use them separately or make a combination depending on your needs.
Exness is a forex and CFD brokerage that serves clients to trade across multiple markets with the most stable and reliable pricing in the industry. Their features include spreads as low as 0 pips and maximum leverage of 1:unlimited.
20 Comments
Andy
Feb 10 2023
It seems that all the features of EXness described in the article are very important tools as they can tell you about the market itself and influence our decision making. Honestly, these are really great tools from Exness, and also don't forget that Exness founded in 2008, broker with 15 years' experience.
I was hoping the article would be about the mobile trading app. I mean, it seems like all the features we can use from Exness can come from its mobile trading app and website. I am really interesting with brokers. So, I opened the Exness details on the above link and found that the account I can open 5 types of accounts. Question is the above feature, is it available in all accounts? And for beginner, which account is better to start with?
Jason Timmy
Feb 10 2023
Andy: Man, I agree on the functions described above. I mean there are many market confirmations from both charts and tools. It can really make us as traders confident with our trading.
Don't worry about the features as it is available to all accounts and remember that Exness's features are free to use. As to which account might be right for you, I recommend starting with the standard account with only a $1 deposit. Or if you want to take less risk, you can choose a standard coin account whose amount is based on units of coins.
You can compare different accounts between standard and pro accounts at Exness as it offers more trading tools at $200 which is a very low deposit for Pro accounts compared to other brokers.
read here : Comparing standard and pro account in Exness
Eagles
Feb 10 2023
What I really like about the function of exness is the news. I mean a real news trader can help with the economic calendar, market news and what sets Exness apart from other brokers is the Trade Center WebTV. And what's more shocking is the language, and it's free to the public. We can even choose several languages. So, these features are really for global traders and beginners to know more about market state.
Now for the question. All of the above factors can really turn out to be good points for Exness as they are really useful for fundamental traders, technical traders and even mixed traders. But I really want to make sure that Exness is not a market making broker.
Jimmy
Feb 10 2023
Eagles: You don't need to worry about DD broker, as Exness itself is not a DD broker or market maker. These are STP brokers and also offer Raw Spreads. This proves that Exness as an ECN broker is really an NDD broker. So okay and highly recommend trading with them.
But you have to see the leverage. I mean there is no limit and you are free to choose the leverage. AS many new traders feel higher leverage is better, so is the amount of quit Forex. I think the unlimited leverage in Exness is a "trap" for people who don't understand anything about forex. In my opinion, unlimited leverage is the cons of the Exness point review.
Kennedy
Feb 10 2023
I am really interested with the TC Technical Analysis Indicator at Exness. by the way, it is free so we can use that indicator for free. I have some question, does anyone know the steps to install the TC technical analysis indicator on MT4? Or I can use it directly on Mobile trader (if possible?)
I think TC technical analysis indicator is really a premium feature because we can use key zone indicator which is very important to identify support and resistance area (most traders as I would be confused to define the SnR region, but since there is a key region shown, I think I can define the SnR region very well.
Phil
Feb 13 2023
@Kennedy: Hey there! To install the TC Technical Analysis Indicator on MT4, follow these steps: download the indicator from Exness or Trading Central's website, open the MT4 data folder, go to "MQL4" -> "Indicators," and copy the downloaded file into the "Indicators" folder. Restart MT4 to see the TC Indicator in the "Navigator" window.
As for using it on Mobile Trader, it depends on platform support. Check the documentation or contact Exness for more info.
The TC indicator is cool 'cause it has features like key zone indicators that help spot support and resistance areas. It makes defining those levels easier. Just remember, indicators are tools, so use them alongside other analysis methods and trade with caution.
Mark
Mar 7 2023
So basically, I wanna know what Trading Central is. I know there are many trading signal providers out there, but most of them are provided by brokers and their team. The problem is, these signals are usually bad and inaccurate even though they're free. However, Exness is different because they use a third-party provider called Trading Central. I'm curious to know how accurate Trading Central's signals are and if it's free to use without Exness. Can you explain that to me?
Thoriq
Mar 7 2023
Mark: In essence, Exness offers a trading signal service that is free to use and does not require a minimum account balance. This trading signal is considered accurate as it combines human analysis and AI analysis to provide insights into market movements. However, it's important to note that using this signal without Exness could be expensive as other platforms or brokers may charge for access to similar services.
Jackie
Mar 7 2023
As for the TC technical analysis indicator, I think the interaction with Autocharist is almost the same. I mean the way it works and the 3rd party plugins.The ones in there look pretty much the same. What is the difference between TC Technical Analysis Indicator and Autocharist and which one is the best?
Mamba
Mar 7 2023
Jackie: The main difference between the TC Technical Analysis Indicator and Autocharist is the approach it uses to analyze financial markets and identify trading opportunities.
The TC Technical Analysis Indicator focuses on technical indicators such as moving averages, MACD and RSI to provide buy and sell signals to traders. Traders can use these signals to make informed decisions about when to enter and exit a trade.
Autocharist, on the other hand, uses pattern recognition algorithms to identify potential trading opportunities. It scans the market for specific patterns and key levels and alerts traders when these patterns are discovered. This allows traders to take advantage of market movements before they occur, rather than simply reacting to market movements after the fact.
Another difference is that the TC Technical Analysis Indicator is a plugin for the popular TradingView trading platform although can be use in MetaTrader too, whereas Autocharist is a standalone software that can be integrated with various trading platforms.
which one is the best? Since Exness Traders is free, I think you should also try the TC Technical Analysis Indicator.
Thiery
Mar 7 2023
Trading Central is a company that provides financial market analysis and research to traders and investors. They offer various tools and services, such as market commentary, technical analysis, and trading signals, to help traders make informed decisions about their investments. Trading Central partners with different brokers and platforms to offer its services to traders worldwide.
Talking about Trading Central's signals are a helpful tool for traders that can provide insights into potential market movements. When it comes to using Trading Central's signals without Exness, it depends on the broker or platform you're using. Some brokers may offer the signals for free, while others may charge a fee or require a certain account balance to access them.
Cecilia
Mar 18 2023
Hey there! I'm interested in learning more about the Market News by FXStreet feature from Exness. To be honest, as a beginner trader, I'm not too concerned about where my Forex news comes from, as long as it's reliable. I can access some news on the MetaTrader platform, but I'm not sure how accurate they are. According to an article I read, FXStreet is a reputable source of news.
I'm curious to know what makes Market News by FXStreet so special. Is it really accurate? Also, can we access this news without a broker, and is it free? Thanks in advance!
Hunka
Mar 18 2023
The Market News by FXStreet is a feature offered by Exness that provides traders with access to news and analysis about the Forex market. It's a great tool for staying up-to-date on market developments and making informed trading decisions.
FXStreet is a well-known source of market news and analysis, so the information provided through this feature is generally reliable and accurate. It's a valuable resource for traders who want to stay informed about global events that could impact the financial markets.
Unfortunately, the Market News by FXStreet is only available through Exness, so you can't access it directly without a broker. So, you can call this special feature that Exness provide only for its trader!
Cecilia
Mar 18 2023
I'm really interested in the Forex News feature that Exness offers. Since you mentioned that the FXStreet News can only be found on Exness, it seems like a unique and valuable feature that's only available to Exness traders. I agree that it could be a great trading tool to help me trade with more confidence, like the article said. I'm definitely planning on trying it out to see how reliable the news really is. Overall, I find it to be a very interesting tool and I appreciate your responses. Thanks
Boris
Mar 18 2023
About the economic calenders that mentioned in the Exness Trading tools there. I want to confirm something. As you have said, the economic calender had contained the date of the economic calender, from major event into high impact economic event such as GDP, The FED Interest rate, CPI, NFP and etc. And you have said that we can analyze the event that can be impacted for the Forex Market. Okay as far as that I understand. If the USD impacted because the FED rises the interest rate, USD will be stronger than other pair, it can make either bearish in the direct pair or bullish at indirect pair.
What i want to confrim is that event ecomomic in there is fixed. So, it cannot change or it can change and suddenly can add more event. Because I have encountered in another economic calender even at the MetaTrader or the broker. Why they need to do that suddenly? Can I have an explanation?
Helma
Mar 18 2023
As you know, the Economic calendars are based on a schedule of events that are known in advance, such as government releases of important economic data like employment figures, inflation rates, and central bank interest rate decisions. However, these calendars are subject to change due to unforeseen circumstances, such as changes in political or economic conditions, natural disasters, or other events that may impact the release of economic data. In such cases, the calendars may be updated to reflect the new information or rescheduled events. Additionally, some brokers or platforms may have different economic calendars or may add additional events to their calendars based on their own research or analysis.
If you're a news trader or trading during major news events, it's important to check the economic calendar regularly because changes can occur without warning.
Roberto
May 20 2023
Hey there! So, I stumbled upon this fantastic article that delved into Exness and their impressive support for both fundamental and technical analysis. I just wanted to take a moment to express my gratitude to the author for sharing such valuable insights.
Now, here's the thing—I consider myself more of a scalper, someone who thrives on those short-term trades. And that got me thinking: Do I really need to dive deep into fundamental analysis, or can I simply rely on technical analysis to guide my trading decisions? I mean, with the fast-paced nature of scalping, does fundamental analysis hold as much significance?
I'd love to hear your perspective on this matter. Thanks a bunch for providing such an enlightening article. It's greatly appreciated!
Peter Enzo
May 20 2023
@Roberto: Well, in my opinion, as a fellow scalper, I think it's fair to say that our main focus lies in the world of technical analysis. It's all about those short-term price movements and spotting the perfect entry and exit points, right?
Fundamental analysis, on the other hand, tends to take a more long-term perspective and may not have an immediate impact on our rapid-fire scalping trades. That's not to say it's completely irrelevant, but it might not hold as much weight in our trading decisions.
That said, it's always a good idea to have a general awareness of major economic events and news releases. They can create volatility in the markets, and as scalpers, we want to be prepared for any sudden shifts.
So, my advice would be to keep honing your technical analysis skills, leverage the tools and indicators provided by Exness, and stay on top of any market developments that could affect your trades. Remember, it's all about finding what works best for you and your unique scalping approach. Good luck out there!
Hagai
May 21 2023
How significant is the feature offered by Exness, the Trading Central WebTV, in terms of staying updated with the latest financial news? The article mentions that this feature provides traders with the opportunity to watch live financial news broadcasts from the New York Stock Exchange, accompanied by market commentary and insightful trading ideas from Trading Central.
Considering the fast-paced nature of the financial markets, staying informed about market events and trends is crucial for making informed trading decisions. With the Trading Central WebTV, traders can access real-time market updates and valuable insights that may potentially impact their trading strategies.
Could you elaborate on the advantages and benefits of utilizing Trading Central WebTV? How does it enhance the overall trading experience and assist traders in making more informed decisions? Your perspective on this matter would greatly help me in evaluating the significance of this feature.
Terry
Jun 2 2023
@Hagai: Trading Central WebTV is a total game-changer, dude! It's packed with awesome advantages and benefits that make your trading experience supercharged and help you make smarter moves. First off, you get real-time market analysis, news updates, and insights from industry pros, all delivered right to your screen. This means you're always in the loop and can stay on top of the latest market trends, economic events, and trading opportunities.
With Trading Central WebTV, you'll be armed with all the knowledge you need to make informed decisions. It covers a wide range of financial instruments like stocks, indices, commodities, and currencies. So, you can diversify your trading portfolio and explore different markets to maximize your profit potential.