Currently, Exness is one of the addresses chosen by investors when trading Forex. Are you also interested in this exchange but are worried about the issue of Exness deposit and withdrawal. If so, then you have come to the right address. The article below from Forex Trading provides all the necessary information to help you answer all your questions. Let’s see!
Introducing Exness exchange
Before going deeper into the issue of Exness deposit and withdrawal, first, you should learn thoroughly about the Exness exchange, its history, and asset types as well as an accurate assessment of the reputation of the exchange.
History of Exness
Exness Trading Platform was founded in 2008 by a team of experienced experts in the fields of finance and information technology in Cyprus.
Exness’s trading platform is developed by MetaQuotes Software Group. The provides users with two main platforms including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
In addition, the exchange’s revenue report is also audited by Deloitte Company – the world’s largest independent auditing company. Therefore, everyone can completely trust the reputation of the exchange.
To date, Exness is considered the forex exchange with the largest trading volume in the world with nearly 600 billion USD.
Types of assets on the Exness exchange
Exness trading platform provides investors with 6 main asset groups including:
– Cryptocurrencies: popular cryptocurrencies traded on the exchange are: BTC, LTC, DOT, BTC, and BNB…
– Forex: Exness provides more than 100 different currency pairs for investors to trade, including major currencies, minor currencies, and rare currencies.
– Stocks: The exchange allows investors to trade more than 80 types of stocks of many large companies in the world such as Amazon, Apple, and Tesla…
– Indices include US30, US500, UK100…
– Energy like oil and gas…
– Metal gold, silver…
The exchange has 4 types of accounts: Mini Account, Cent Account, ECN Account, and Classic Account. Specifically:
– Mini Account: no minimum deposit amount. Low spreads and leverage up to 1:2000.
– Cent Account: This is considered the most popular account for new investors. The account does not require a minimum deposit amount. The amount after deposit is divided into 100 units, the lowest transaction is 0.001 lot.
– ECN Account: This account type is suitable for large and medium investors. The account spread is almost 0.
– Classic account: Account with a minimum deposit of $2000.
See more: Discover Exness – The world’s leading Broker
Review of the Exness platform
Similar to other Forex trading platforms, Exness also has its own advantages and disadvantages. Specifically, experts Exness review including the following advantages and disadvantages:
Advantages of the Exness trading platform
– Trading platform for many cryptocurrencies and many other types of assets.
– The platform deposits and withdraws money quickly, which can be considered the fastest among the trading platforms on the market today.
– The exchange does not stipulate a minimum deposit level for the two accounts, Mini Account and Cent Account, so it is suitable for even investors who are just starting to enter the market. Meanwhile, many other exchanges often set a minimum deposit of $100 – $200.
– The exchange has a strong, thoughtful, and enthusiastic support and customer care team. In particular, Exness currently has a support team in the UK market entirely in English.
Limitations of the Exness trading platform
– Opening an account is quite complicated, requiring many verification steps. However, this is also considered an important step to help improve security and future risks.
– Even Exness accounts are often locked:
In some cases, for example, if you deposit too much money at once, you may be suspected of money laundering. At this time, your account may be temporarily locked for a few days pending verification.
– About 15 minutes before important news, the leverage level usually returns to 1:200.
How to Exness deposit and withdrawal
Regarding the issue of Exness deposit and withdrawal, investors can do it in the following ways:
How to deposit money on Exness
There are 4 ways to deposit money into your Exness account including deposit with Visa/Master card, deposit with Skrill, and internet banking.
Method 1: Deposit using Visa/Master card
To deposit money on Exness, follow these steps:
Step 1: Log in to your Exness account. On the right side of the screen, select “Bank Card” and choose payment method via Visa Mastercard.
Step 2: Enter the amount you want to deposit in the “Amount” box and select “Continue”.
Step 3: Fill in your Visa/Master card information including name, card number, CVV number, and expiration date. Next, you choose your trading account, deposit amount, and “Continue”.
Step 4: After transaction information is displayed, select “Confirm”.
So your transaction is completed. However, in some cases, the system may require you to enter the OTP code sent by the bank before completing the deposit transaction.
Method 2: Deposit via Skrill
Depositing money via Skrill is done through the following steps:
Step 1: After logging in to your account, in the “Personal area” go to the “Deposit” section and select Skrill.
Step 2: You choose the trading account you want to deposit money into. Then enter the amount to trade and “Continue”.
Step 3: At this time, a summary of transaction information will appear, select “Confirm” to continue.
Step 4: You will then be redirected to Skrill’s page to perform the next steps. You log in to your Skrill account and follow the instructions to deposit money.
Method 3: Deposit money into Exness using Internet Banking
Steps to deposit money using Internet Banking include:
Step 1: Log in to your Exness account, and select “Deposit”. In case you use the English interface, it will be “Deposit” and choose the deposit method using Internet Banking.
Step 2: Fill in the necessary information about the account number, currency, and amount to deposit and “Continue”.
Step 3: You confirm payment. At this time, the system will ask you to enter the bank name, select the bank and click “Confirm”. After that, the bank will send you the OTP code. You enter the code into the system to complete the deposit to your Exness account.
How to withdraw money from Exness
Basically, withdrawing money from Exness will be similar to depositing money into the exchange. Thus, there will still be 4 ways: withdraw money with a Visa/Master card, deposit with a Skrill, and internet banking.
Withdrawal steps will be the same as depositing money, the only difference is that instead of selecting “Deposit”, you click “Withdraw”.
However, when withdrawing money using Internet banking, if you need to enter the OTP code sent by the bank when depositing money, then Exness staff will call or text the phone number or Exness account number you have registered. Sign and provide withdrawal confirmation code. You enter the code into the system and select “Confirm WithDrawal” to confirm the withdrawal.
See more: Exness – Trade With The World’s Leading Broker Exness
How to handle when unable to Exness deposit and withdrawal
In some cases, Exness deposit and withdrawal may not be performed due to a number of reasons such as system error, incorrect deposit and withdrawal amount, and account verification status are not guaranteed… Please try to fix this as follows:
– Check your Exness account to see if it has been fully verified or not.
– Check whether the deposit and withdrawal amounts are in accordance with the exchange’s regulations.
– Try again with another form of payment.
If you have tried all the above methods and still cannot deposit or withdraw money from your account, please contact the exchange’s customer care team via hotline or email address for advice and support.
Some notes when Exness deposit and withdrawal
Depositing and withdrawing money on the Exness exchange is not too difficult. However, to ensure safety, you should keep in mind the following notes:
– Fill in accurate deposit and withdrawal account information to avoid errors that make deposits and withdrawals take more time.
– The account performing the transaction must be registered with the correct legal name and match the name registered to the Exness account. In case the two names do not match, the deposit and withdrawal transaction will not be performed.
– Depending on each account, the minimum deposit amount will also vary. Therefore, please ensure the minimum balance to make transactions.
Conclude:
Above, Forex Trading has compiled and provided you with all the necessary information about Exness deposit and withdrawal. Please review carefully to make your deposit and withdrawal transaction process smoother and more convenient. Good luck. Finally, don’t forget to regularly visit the Forex Trading site to update more useful knowledge.
FAQs:
Is it safe to deposit and withdraw money on Exness?
Exness has a policy to protect investors’ rights and an absolute information security system, so it is very safe and transparent. Please feel secure in your transactions.
Is there a fee for depositing and withdrawing money at Exness?
The process of depositing and withdrawing money on the Exness exchange is completely free.
How long does it take to deposit and withdraw money on Exness?
Deposit and withdrawal transactions on Exness are processed quickly and completely automatically. Usually, this process takes just a few minutes or a day.
