Exness Forex Review Vietnam

Exness Forex in Vietnam 

Exness is a leading international Forex broker that has been providing online trading services since 2008. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Exness is also registered with the Financial Conduct Authority (FCA) in the United Kingdom. In this article, we will learn the pros & cons of Exness Forex Broker in Vietnam and other key features. 

Exness offers a wide range of trading instruments, including Forex, CFDs, commodities, indices, and cryptocurrencies. The broker provides access to the global financial markets through its advanced trading platforms, including the popular MetaTrader 4 and MetaTrader 5. 

Exness is a popular choice for traders in Vietnam due to its competitive spreads, fast execution speeds, and reliable customer service. The broker also offers a range of educational resources, such as webinars, tutorials, and market analysis, to help traders improve their trading skills. 

Exness is committed to providing a secure trading environment for its clients. The broker uses advanced encryption technology to protect its clients’ funds and personal data. Additionally, Exness is a member of the Investor Compensation Fund, which provides compensation to clients in the event of broker insolvency. 

Exness Account Types

• Standard Account: This is the most basic account offered by Exness. The minimum deposit for this account depends on the payment system. It provides tight spreads starting from 0.2 pips and doesn’t charge any commission on trades. The maximum leverage offered is 1:Unlimited. Moreover, a swap-free option is also available for those who require it.
• Standard Cent: This is similar to the standard account but it’s denominated in cents, making it a great choice for beginners or those who want to test new strategies without much risk. The minimum deposit and the spread are the same as the standard account. The maximum leverage is also 1:Unlimited. The available trading instruments for this account are Forex and metals. The account also comes with a swap-free option.

For more experienced traders, Exness provides professional accounts:

• Pro Account: This account requires a minimum deposit of $200. It offers very tight spreads starting from 0.1 pips with no commission. The maximum leverage is 1:Unlimited. A swap-free option is also available for this account. The available trading instruments include forex, metals, cryptocurrencies, energies, stocks, and indices.
• Zero Account: This type of account also requires a minimum deposit of $200. It offers the tightest spreads, starting from 0 pips, and charges a commission starting from $0.05 for each side per lot. The maximum leverage is also 1:Unlimited. A swap-free option is available. Traders can deal in forex, metals, cryptocurrencies, energies, stocks, and indices using this account.
• Raw Spread Account: This is the premium account offered by Exness. The minimum deposit required is $200. It offers spreads from 0 pips and charges a commission of up to $3.50 for each side per lot. The maximum leverage is 1:Unlimited. The account holders can trade forex, metals, cryptocurrencies, energies, stocks, and indices. A swap-free option is also available for this account.

Exness Social Trading Accounts

• Social Standard Account: This account type is designed for all types of traders, from beginners to professionals. The minimum deposit required to open this type of account is $500. This account offers spreads from 1 pip, which means the cost of trading is relatively low. There is no commission fee charged by the broker for the trades executed in the Social Standard account. The maximum leverage offered is 1:200. This means for every $1 a trader has in their account, they can trade up to $200 on the forex market. The Social Standard account allows trading in a variety of financial instruments including forex, metals, and cryptocurrencies.
• Social Pro Account: This is an advanced trading account type suitable for professional traders. The minimum deposit requirement for this account is higher, standing at $2000. However, it offers more competitive spreads starting from just 0.6 pips. Like the Social Standard account, no commission is charged for the trades executed in the Social Pro account. The maximum leverage is the same at 1:200, allowing traders to open larger positions with a smaller initial deposit. The Social Pro account also offers a wide range of tradable assets including forex, metals, and cryptocurrencies.

In conclusion, both Exness Social trading accounts offer attractive features for different types of traders. Whether you are a beginner or a professional trader, you can choose the account that best suits your trading style and experience.

Exness Demo Account

The Exness Demo Account offers a risk-free platform for individuals looking to practice and develop their trading skills. It provides a simulated environment that allows users to get familiar with the platform’s functionalities and features without risking actual capital. This virtual trading account is a versatile tool for both beginners and experienced traders, as it provides the opportunity to test trading strategies under real market conditions. Whether you’re learning the basics of trading or fine-tuning your strategies, the Exness Demo Account provides the perfect platform to do so in a risk-free manner.

Financial Instruments Available

Exness, a prominent online trading platform, offers a wide assortment of financial instruments available in Vietnam. Here is a detailed expansion of each:

• Forex CFD: Forex or Foreign Exchange Contract for Difference (CFD) allows Vietnamese traders to speculate on the price movements of various currency pairs without actually owning the currencies. Traders can make profits from both rising and falling markets.
• Commodities CFD: Commodities CFD trading involves speculating on the price movements of various raw materials or primary agricultural products, such as gold, oil, wheat, etc. Traders in Vietnam can take advantage of price fluctuations without having to own the physical commodity.
• Stocks CFD: This allows Vietnamese investors to speculate on price movements of shares from leading global companies. Unlike traditional stock trading, with Stocks CFDs, traders don’t own the underlying shares and can profit from both rising and falling markets.
• Indices CFD: Indices CFD trading allows investors in Vietnam to speculate on the price movements of major global indices such as the S&P 500, Dow Jones, NASDAQ, etc. Traders can take advantage of the broad market movements without having to trade individual stocks.
• Crypto CFD: With Crypto CFDs, Vietnamese traders can speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and more without actually owning the digital currencies. This form of trading allows traders to take advantage of the highly volatile crypto market.

All these instruments are available on Exness for Vietnamese traders with leveraged trading options, enabling them to multiply their trading capital and potential profits. However, it’s crucial to note that leveraged trading also amplifies potential losses.

Exness Broker Deposit Options in Vietnam

Exness is a leading foreign exchange broker that provides its services to clients from all over the world, including Vietnam. For traders in Vietnam, Exness offers several broker deposit options to ensure a smooth and convenient trading experience. Here are the options:

• Bank Transfer: This is perhaps the most common method of deposit. Vietnamese traders can transfer funds directly from their bank account to their Exness account.
• Credit/Debit Cards: Exness also accepts payments through internationally recognized credit and debit cards such as Visa, MasterCard, and Maestro.
• E-Wallets: For those who prefer digital transactions, Exness accepts deposits through various e-wallet platforms. These include Neteller, Skrill, and WebMoney.
• Local Payment Methods: Exness also supports local payment methods to accommodate the needs of Vietnamese traders. This includes local bank transfers, Internet Banking, Mobile Banking, or QR Pay.
• Cryptocurrencies: Exness also allows deposits in certain cryptocurrencies like Bitcoin, which can be an advantage for those who prefer this method for its speed and security.

Remember that deposit times can vary depending on the method chosen, with some being instant while others might take a few business days. Additionally, the Exness minimum deposit amount and maximum deposit limits, and potential processing fees depend on the method chosen, so it’s important to review these factors before making a deposit.

Exness Broker Withdrawal Options in Vietnam

Exness Broker Vietnam offers multiple withdrawal options for its clients. These options are designed to make it easy and convenient for you to access your funds. Here are the main options:

• Bank Transfers: Exness allows its clients in Vietnam to withdraw funds directly into their bank accounts. This is one of the most reliable withdrawal methods and is suitable for large transactions.
• E-Wallets: E-wallets are digital platforms that allow users to store and transfer money. Exness supports a variety of E-wallets including Skrill, Neteller, and Perfect Money. These platforms are popular for their low transaction fees and quick processing times.
• Credit/Debit Cards: You can also withdraw your funds directly to your credit or debit card from Exness. This is a convenient option if you use your card frequently for financial transactions.
• Crypto Withdrawals: Exness also supports withdrawals in cryptocurrencies like Bitcoin. This is a modern and increasingly popular withdrawal method, especially among tech-savvy traders.
• Local Exchangers: Exness has partnered with several local exchangers in Vietnam that can convert your forex earnings into local currency. This is a great option if you want to withdraw your money in Vietnamese Dong.

Remember, the Exness minimum withdrawal amount, times, and fees may vary depending on the method you choose. It’s always a good idea to check the specific details on the Exness website or contact their customer support for more information.

Trading Tools

Exness is a well-known forex broker in Vietnam that offers a wide range of trading tools to its clients. The broker provides its clients with access to the MetaTrader 4 and MetaTrader 5 trading platforms, which are widely considered some of the best trading platforms in the industry. These platforms come equipped with advanced charting tools, a wide range of technical indicators, and a variety of order types, including market, limit, stop loss, and take profit orders. 

In addition to these trading platforms, Exness also offers its clients a range of other trading tools, including economic calendars, market analysis, and trading signals. These tools can help traders make informed trading decisions and stay up-to-date with the latest market news and events. 

Exness also offers its clients a range of educational resources, including webinars, video tutorials, and a comprehensive knowledge base. These resources can help traders improve their trading skills and learn new strategies. 

Overall, Exness is a great choice for traders in Vietnam who are looking for a broker that offers a wide range of trading tools and educational resources. The broker’s user-friendly trading platforms, comprehensive market analysis, and educational resources make it a great choice for traders of all skill levels. 

Education and Customer Support

Exness is a leading international forex broker that provides traders with access to a wide range of financial markets. With its headquarters in Cyprus, Exness has offices in Vietnam, as well as other countries around the world. 

Exness offers a range of services to its clients in Vietnam, including educational resources, customer support, and trading platforms. The broker provides educational resources to help traders understand the forex market and develop their trading skills. These resources include webinars, tutorials, and e-books. 

Exness also provides customer support to its clients in Vietnam. The broker has a team of experienced customer service representatives who are available 24/7 to answer any questions or concerns that traders may have. The customer service team can be contacted via email, phone, or live chat. 

Overall, Exness is a reliable and reputable forex broker that provides traders in Vietnam with access to a range of services, including educational resources, customer support, and trading platforms. The broker’s customer service team is available 24/7 to answer any questions or concerns that traders may have. Additionally, the broker provides access to a range of trading platforms, including the MetaTrader 4 and 5, as well as the Exness WebTrader. 

Is Exness broker Legal in Vietnam?

Yes, Exness Forex Broker is legal in Vietnam. The broker is regulated by the State Bank of Vietnam, which is the country’s central bank and the primary regulator of the financial sector. Exness is also a member of the Vietnam Financial Investment Association, which is a self-regulatory organization that ensures the safety of investors and the integrity of the financial markets. 

Exness is a reliable and secure broker that offers a wide range of trading services, including Forex, CFDs, and commodities. The broker provides its clients with access to a variety of trading platforms, including the popular MetaTrader 4 and 5. Additionally, Exness offers competitive spreads, low commissions, and fast execution speeds. 

Overall, Exness is a safe and reliable broker that is legal in Vietnam. The broker is regulated by the State Bank of Vietnam and is a member of the Vietnam Financial Investment Association. Exness provides its clients with access to a variety of trading platforms, competitive spreads, low commissions, and fast execution speeds. 

Exness Review in Vietnam – Conclusion

In conclusion, Exness has made a significant mark in the financial market of Vietnam. Their secure trading platform, coupled with their commitment to transparency and customer service, has earned them a strong presence in the country. Offering competitive spreads and leverage, as well as a user-friendly interface, Exness has proven to be a reliable choice for both beginner and seasoned traders in Vietnam. Their continuous efforts to enhance their services and adapt to the ever-changing financial landscape demonstrate their dedication to their Vietnamese clients.