Exness Minimum Deposit and Other Information about Deposit Processes

Trading needs good broker to become the intermediary between the trader and the trading market. In this case, functions of broker and its trading platform can be very useful since it is not only to become bridge, but there are also many features that bring more benefits for the trader that uses the trading platform from the broker. As for the forex trading, there is famous forex broker that can become reliable platform. Exness Trading Company is the great choice. The trading company has started its business in 2008 and its broker’s activities are managed by Nymstar Limited. This is a company registered in Republic of Seychelles. That is why FSA becomes one of the regulators of the Exness. However, FSA is not the only regulator that provides licenses and regulates the broker. There are also CySEC (Cyprus Securities Commission and also FCA in UK. These three regulators are famous for its reliability so there will not be any trust and security issues with the services from Exness.

Services of Exness are surely excellent. That is why it becomes one of the top forex brokers right now. It is friendly with the beginners or novice traders with its demo account that will provide opportunity for beginners to learn the trading before they open the standard and even professional account. Then, exness minimum deposit also becomes something interesting that will be other attractive points of Exness. In term of minimum deposit, Exness provides low threshold that will be beneficial for the novice traders. However, it is quite unique since the minimum deposit is determined by the deposit method used by the traders. There are many methods that can be used by traders. They can use bank card, internet banking, Webmoney, and even some cryptocurrency, including Bitcoin. Basically, the minimum deposit is $10 however different threshold is set for deposit by using Perfect Money since its minimum deposit is $50. These minimum deposits are dedicated for the standard account. When trader wants to use professional account, the requirement of deposit is different and it is at $500.

Regarding the deposit method, Exness provides various currencies and traders can choose the most convenient currency for them. The main currency is US dollar or USD, but there also EUR, AUD, GBP, JPY and other currencies. There will be no difference in term of minimum deposit since difference only occurs in its deposit method and type of account. However, traders should be aware it is possible to lose some money during the deposit process by using other currency than USD since there is currency conversion based on the exchange rate. Then, Exness does not apply any deposit fees. This is great benefit since there will be no reduction from the amount of deposit transferred into the account. However, trader once again should pay attention to the transaction fees. Since there will be transfer process, it is possible to have transfer fee. As for duration to take the deposit into the account, basically it can be instant. It does not take much time get the deposit registered into the account. However, depositing by using cryptocurrency, the Bitcoin and Thether, will require up to 72 hours.