Exness: FAQs
in Nigeria

At Exness, we continuously strive to offer our clients the best forex and CFD trading experience. Drawing from our extensive experience, we’ve observed that our users frequently have specific questions. In response to this, we have decided to share answers to some of the most common queries, enabling you to gain a clearer understanding of our offerings and how simple it is to commence trading with Exness.

Exness: FAQs in Nigeria
Make Money With Exness

How to Make Money With Exness in Nigeria?

To make money with Exness, you can participate in online trading. Exness is a reputable forex broker that allows you to trade various financial instruments, including:

  • Forex (Foreign Exchange): Trade currency pairs, speculating on their price movements. For example, you can buy a currency pair if you think its value will rise, and sell it if you expect it to fall.

  • Stocks: Invest in individual company stocks and potentially profit from their price fluctuations. Exness may offer CFDs (Contract for Difference) on stocks, which means you don't own the actual shares but speculate on their price changes.

  • Indices: Trade on market indices, such as the S&P 500 or the NASDAQ, which represent the overall performance of a group of stocks.

  • Cryptocurrencies: Engage in cryptocurrency trading, speculating on the price movements of digital assets like Bitcoin, Ethereum, and others.

  • Commodities: Trade commodities like gold, silver, oil, or agricultural products, taking advantage of changes in global supply and demand.

To get started, you need to open an account with Exness, deposit funds, and use their user-friendly trading platform. However, it’s important to remember that trading involves risk, and it’s essential to gain knowledge and practice before risking real money.
Exness Withdrawal process

How Many Days Does Exness Withdrawal Take?

The time it takes to process a withdrawal at Exness depends on the payment method you choose. Withdrawals are usually processed within 1 to 5 business days. E-wallets and online payment systems usually have faster processing times compared to bank transfers. However, the exact duration may also depend on your bank or payment provider's policies.

How to Change Leverage on Exness
for Nigerian Users?

To change the leverage on Exness, follow these steps:

  • Log in to your Exness trading account.

  • Navigate to the "Account Overview" section.

  • Find the specific trading account for which you want to modify the leverage and click on it.

  • Look for the "Change Leverage" option, which may be in the account settings or details.

  • From the dropdown menu, select the desired leverage level you wish to apply to your account.

  • Confirm the changes, and the leverage will be updated accordingly.

Keep in mind that leverage can significantly impact your trading performance and risk. Higher leverage allows you to control larger positions with a smaller amount of capital, but it also amplifies potential losses. Be cautious and adjust your leverage wisely based on your risk tolerance and trading strategy.

How to Open Exness Account in Nigeria?

To open an account with Exness, you can follow these steps:

  • Visit the Exness website (www.exness.com) and click on "Register" or "Sign Up."

  • Fill out the registration form with your personal details and choose the account type you want to open.

  • Verify your email address by clicking on the verification link sent to your email.

  • Complete the identity verification process by submitting the required documents.

  • Once your account is approved, you can fund it and start trading.

Exness Legit in Nigeria

Is Exness Legit
in Nigeria?

Yes, Exness is a legitimate online forex broker with a strong reputation in the financial industry. It was founded in 2008 and has since gained recognition for its transparency and compliance with regulations. The company operates under the oversight of reputable financial authorities, such as the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC).

Exness's commitment to financial security and client protection is evident through the segregation of client funds and membership in compensation schemes. These measures provide an additional layer of safety for traders, assuring them that their funds are kept separate from the company's operational funds.

The broker's legitimacy is further reinforced by its numerous awards and accolades received over the years. These accolades reflect Exness's dedication to providing quality services and innovative trading solutions to its clients worldwide.

Exness Reliable for Nigerian Users

Is Exness Reliable
for Nigerian Users?

Exness is a reliable forex broker with extensive experience, catering to diverse trader needs. It offers a wide range of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies, allowing traders to implement various strategies. Competitive spreads and low trading costs enhance its reliability, potentially increasing profitability. Different account types accommodate both beginners and experienced traders, offering varied features and leverage options. Traders should conduct due diligence and consider individual requirements, as financial markets involve risks. Overall, Exness's positive reputation makes it a dependable choice, but cautious risk management is essential for successful trading.

Exness Owners

Who Owns Exness?

Exness was founded by Petr Valov and Igor Lychagov in 2008. The ownership of the company is private, with the specific ownership details not publicly disclosed. The company operates globally and is regulated by several bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.

Trading on an Unverified Account Exness

Can I Trade on an Unverified Account Exness in Nigeria?

Yes, Exness allows users to trade on an unverified account. However, trading on an unverified account may come with certain limitations. To access the full range of services and benefits, it is highly recommended to complete the verification process. Verified accounts typically enjoy advantages such as higher deposit and withdrawal limits, enhanced security measures, and access to additional trading features. By verifying your account, you can maximize your trading experience and take advantage of the full benefits that Exness has to offer.

Exness Spread and Commission for Nigerian Users

How Much is Exness Spread and Commission
for Nigerian Users?

Exness offers competitive spreads and commissions, but the exact values can vary based on the chosen account type and trading instrument. The broker provides both fixed and variable spreads, catering to the diverse needs of traders. Additionally, some account types may have commissions applied on certain trades. To get precise information about spreads and commissions, it is advisable to visit Exness's official website or access their trading platform. There, you can find comprehensive details on spreads, commissions, and other trading costs, allowing you to make well-informed decisions for your trading strategies.

How to Deposit Currency to Exness in Nigeria?

To deposit funds into your Exness account, follow these steps:

  • Log in to your Exness account: Visit the Exness website (www.exness.com) and log in using your registered email address and password. If you don't have an account, you can create one easily by clicking on the "Register" or "Sign Up" option and following the registration process.

  • Go to the "Deposit" section: After logging in, navigate to your account dashboard or the main menu, where you'll find a "Deposit" or "Funds" section. Click on it to proceed to the deposit options.

  • Choose your preferred payment method and currency: Exness provides various deposit methods to cater to your convenience, such as credit/debit cards, bank transfers, electronic wallets (e-wallets), and local payment options specific to certain regions. Select the payment method that suits you best. Additionally, choose the currency in which you want to make the deposit.

  • Enter the deposit amount and follow the on-screen instructions: Input the amount you wish to deposit into your trading account. Exness typically has minimum deposit requirements based on the account type, so ensure that you meet the minimum deposit for your chosen account. After entering the deposit amount, carefully review the details and follow the on-screen instructions to complete the transaction.

Depending on your chosen payment method, you might be redirected to a secure payment gateway or prompted to provide additional information for verification purposes. Follow the provided instructions and ensure that all information is accurate to avoid any delays in processing your deposit.

How to Include Servers in Exness Metatrader?

To include Exness servers in the MetaTrader trading platform, you need to ensure you have the MetaTrader platform installed on your device. Once you have it installed, open the MetaTrader platform and proceed with the following steps:

  • Click on "File" in the top menu and select "Login to Trade Account" from the dropdown menu. A new window will appear.

  • In the login window, enter your Exness account login credentials, including your account number and password.

  • After selecting the server, click the "Login" button to connect to the chosen Exness server. If your login credentials are correct and the server selection is accurate, you will successfully log in to your Exness MetaTrader account.

  • Look for the "Change Leverage" option, which may be in the account settings or details.

Once logged in, you can access your trading account and start trading various financial instruments within the MetaTrader platform.

How to Login Exness in Nigeria?

Logging in to your Exness account is a straightforward process that allows you to access your trading account and manage your activities. Here's a detailed step-by-step guide on how to log in:

  • Open Your Browser. Launch your web browser on your computer or mobile device. Ensure you have a stable internet connection.

  • Visit the Exness Website. Type "exness.com" in the address bar of your browser and press Enter. This will take you to the official Exness website.

  • Click on the "Login" Button. Look for the "Login" button on the top-right corner of the Exness homepage and click on it.

  • Enter Your Credentials. To log in, enter your account number or email associated with your Exness account and input the password you set during registration.

  • Solve the CAPTCHA (if required). For security purposes, Exness may ask you to solve a CAPTCHA to confirm that you are not a bot. Simply complete the CAPTCHA as instructed.

  • Click on "Login". After entering your login credentials and solving the CAPTCHA (if required), click on the "Login" button to proceed.

  • Access Your Account. If your login details are correct, you will be granted access to your Exness account. You can now view your trading account, perform transactions, access your trading history, and manage other account-related activities.

  • Logout After Usage. Remember to log out of your Exness account once you have finished your trading or account-related activities. This is important to ensure the security of your account and personal information.

Exness Login YouTube

How to Login Exness Youtube?

Exness, a prominent online trading platform, maintains an informative YouTube channel that offers a wealth of resources, including videos on how to login and navigate their platform effectively. To access their official channel, simply search "Exness" on YouTube. Once there, you'll find a collection of tutorials and guides that walk you through the login process step-by-step, making it easy for both beginners and experienced traders to access their accounts. Additionally, the channel might contain other valuable content like market analysis, trading strategies, and educational materials to enhance your trading skills.

How to Open Exness ECN Account
for Nigerian Traders?

To open an ECN (Electronic Communication Network) account with Exness, follow these steps:

  • Log in to your Exness account or register for a new one.

  • Go to the "Accounts" section.

  • Select "ECN" as the account type you want to open.

  • Complete the necessary information and submit the required documents for verification.

  • Once your account is approved, you can fund it and start trading on the ECN account.

Exness Broker Regulated in Nigeria

Is Exness Broker Regulated in Nigeria?

Yes, Exness is a regulated broker. It is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulatory bodies oversee the company's operations and ensure compliance with financial regulations, providing a degree of protection to traders and clients.

Exness Forex Broker Legal in Nigeria

Is Exness Forex Broker Legal in Nigeria?

Yes, Exness is a legal and accessible option for forex trading in Nigeria. Exness is a globally renowned forex broker that's regulated by multiple respected financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.

However, it's important to note that while Exness itself is a regulated entity, forex trading regulations can vary from country to country. Therefore, Nigerian traders are advised to keep updated with their local regulations and to ensure that they're operating within those rules when engaging in forex trading.

Which Country Owns Exness

Which Country Owns Exness?

Which country owns Exness remains undisclosed as the ownership details of the company are not publicly known. However, it is essential to note that since its inception, Exness has grown into a global brokerage firm that operates in various countries worldwide. Exness continues to provide trading services and investment opportunities to its clients while adhering to regulatory standards and maintaining a reputation in the financial industry.

Exness Minimum Deposit for Nigerian Traders

What is Exness Minimum Deposit for Nigerian Traders?

The minimum deposit needed to open an account with Exness varies depending on the type of account and the chosen payment method. For Standard accounts, the minimum deposit is as low as $1, while Pro accounts may require a higher minimum deposit, usually starting at $200.

Furthermore, the minimum deposit requirements can differ based on the payment method selected. Certain payment options may have higher minimum deposit limits due to additional transaction fees or processing costs. It is crucial for traders to carefully examine the exact deposit requirements corresponding to their preferred account type and payment method before proceeding to open an account with Exness.

Is There an Exness Office in Nigeria?

Exness does not have a local office in Nigeria.

But Exness has offices in several locations, including:

  • Cyprus: 1, Siafi Street, Porto Bello, Office 401, Limassol.

  • United Kingdom: 107 Cheapside, London.

  • Seychelles: 9A CT House, 2nd Floor, Providence, Mahe.

  • South Africa: Offices 307&308 Third Floor, North Wing, Granger Bay Court, V&A Waterfront, Cape Town.

  • Curaçao: Emancipatie Boulevard Dominico F. “Don” Martina 31.

  • British Virgin Islands: Trinity Chambers, P.O. Box 4301, Road Town, Tortola.

  • Kenya: Courtyard, 2nd Floor, General Mathenge Road, Westlands, Nairobi.