How Forex broker Exness will perform in 2022
What Exness has achieved in 2022?In this article, we will learn about their performance in 2022 and plan to achieve more goals in 2023。
What Exness has achieved in 2022?In this article, we will learn about their performance in 2022 and plan to achieve more goals in 2023。
2022 has been a busy year for most investors and traders around the world, and current global economic conditions have created a variety of unique scenarios in many parts of the world.。In developed countries such as the United States, inflation has occurred and is beginning to become quite worrisome; following the aftermath of the Russian war, Europe has recently faced even greater problems。As a result, the governments of the United States and some other countries are trying to control the situation by setting high interest rates, which is both a risk and an opportunity for forex traders.。
If you plan to trade forex this year, you will need a good broker with favorable conditions。You need to ensure that brokers have a good safety net in place to keep the business afloat and improve the services they provide to their clients。In this post, we'll highlight Exness's highlights for 2022 and its future plans for 2023。Without saying much, let's get down to business。
Exness 2022 Performance Review
Contrary to what most brokers found themselves in last year, 2022 is a landmark year for Exness.。For example, the broker hit 2 in September 2022..Record $7 trillion monthly trading volume, becoming the world's largest retail market maker。Not only that, but the number of active traders increased to 360,000 during the month.。
The choice of broker is adjusted according to the needs of each trader. If you only need the basic platform and trading functions with the best attributes, then Exness may be your best choice。
Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of changes in its functions, which is very suitable for traders using scalping strategies (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。
Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。
Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves that the company has a high degree of stability.。
Exness supports deposits and withdrawals 24 hours a day, 7 days a week。However, it should be noted that the Company does not assume any responsibility if there is a problem with the deposit or withdrawal due to the payment system.。
Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, and the chosen payment provider may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。
Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。
In addition, Exness is one of the most transparent brokers in the online trading industry, and traders can find all the information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。
Exness offers different platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms。This makes it easier for traders to trade on Exness because they can also access the Exness platform anytime, anywhere.。
Over the years, Exness has developed into a broker that attracts traders, who comply with financial regulations such as FCA and CySEC, further strengthening their trust.。
One measure of customer confidence is the volume of transactions。As of December 2018, the monthly trading volume of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。
With the programs offered by Exness, traders also have the opportunity to earn extra income by becoming their partner。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。
Additional income from Exness Partners。Traders who register through the member link can earn up to 25% spread commission per trade.。
Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。
It can be concluded from the comments above that Exness is a trader's favorite broker due to its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits。The broker is also known for its maximum support for new and old partners.。
One of Exness's greatest achievements has been its success in expanding its global footprint, particularly in the SSA region.。For the first time, the broker has been granted a licence from the Capital Markets Authority of Kenya (CMA) allowing them to offer their products in Kenya in a protected regulatory environment.。For Exness, this is undoubtedly an important step in strengthening its influence, especially in sub-Saharan Africa.。Meanwhile, Kenyan clients can now sign up with brokers and quickly enter the market。
In October 2022, Exness established a brand new office in Cape Town to support all their activities in South Africa and increase their presence in the SSA region.。It is worth noting that the broker was granted a South African licence as early as 2021, so opening a branch there is undoubtedly an important milestone in improving services for South African traders.。
First Corporate Social Responsibility Project in Seychelles
In addition to growing its business, Exness is committed to contributing to society, launching its first Corporate Social Responsibility (CSR) programme in Seychelles last year.。The broker donated a total of 140 cork and whiteboards, benefiting 35 classes in a number of Seychelles schools, including Pointe Larue Primary School, Anse Aux Pins Primary School and Pointe Larue Secondary School.。
To ensure the school receives donations directly, the Exness CSR team visited Pointe Larue Middle School to see how they could help。During the visit, the principal told Exness that many of the school's blackboards were damaged and needed to be replaced.。As a result, the Exness CSR team agreed to provide new whiteboards and cork boards for schools。
Launching the CSR program is a great opportunity for Exness to build its presence in the country and make a positive impact on society, and Exness may have the opportunity to launch more CSR projects in Seychelles or other countries in the future。
Exness 2022 most successful projects
According to Exness, the loyalty program featuring Exness Dollars (EXD) is one of the most successful in 2022.。The program aims to increase customer lifetime value and retention by rewarding customers with Exness Dollar, Exness's exclusive virtual currency。
The program essentially reimburses the trader a portion of the spread and commission on each trade in the form of an EXD。The more deals they open, the higher the reward。Rewards accumulate in the customer's reward wallet, and each month they can use the EXD available to cover up to half the cost of future positions。
Overall, the program proved to receive a positive response from Exness clients, so the broker decided to further expand the program。In fact, Exness is planning to fully launch its loyalty program in the near future so that customers around the world can quickly enjoy the benefits of EXD.。
Other Updates
In addition to successful loyalty programs, 2022 also introduces many new features and updates。First, partial order closing, allowing traders to close only part of their positions on the Exness trading terminal。The broker also integrates TradingView charts with the Exness terminal and app so that traders can easily perform technical trades using a variety of drawing tools and indicators.。
The highlight of the new feature is the Exness terminal and the customizable portfolio display on the app, which enables traders to move fields, sort their open trades by tool, and modify their stops and take profits with a single click. Provides traders with a high degree of flexibility, allowing them to change the interface according to their trading needs。
Overcoming problems and challenges
Despite its success in 2022, Exness also faces some daunting challenges due to increasing demand and volume.。With an average monthly trading volume of more than $2 trillion, it is certainly not easy to maintain its reliability and competitive trading conditions.。
To overcome this problem, Exness uses their technical expertise to maintain the quality of their products。For example, brokers have implemented advanced algorithms and automation in the trading system to ensure a seamless trading experience, and introduced fast withdrawals, capable of processing withdrawal requests in just a few seconds。
Server decentralization is another strategy used by Exness to cope with growing trading volumes, significantly improving the efficiency of trade execution and enhancing the quality of brokers。The broker claims that they plan to continue to diversify their servers to keep up with growing volumes.。
Exness 2023 Future Planning
In 2023, Exness plans to continue to provide high-quality products and unique features, including medium-price stops, instant withdrawals, server decentralization, etc., and will also focus on developing systems to prevent abuse and ensure customer safety。
Customer-oriented improvements will be top priority in 2023, says broker。This means that Exness will focus on optimizing its products and eliminating all shortcomings in the products to maximize user satisfaction。Exness will also try to use a more balanced approach that combines ethics, reliability, innovation and technical capabilities. They need to ensure that they provide the best trading experience in the market and surpass competitors。
Not only that, Exness also plans to diversify its business by entering emerging markets and establishing operations in new countries they have never set foot in, which will allow them to attract new customers from all over the world and work harder.。
Finally, Exness wants to add new crypto-related products to meet the needs of crypto enthusiasts around the world.。More cryptocurrency account types, payment methods and other cryptocurrency-friendly features are expected by 2023, after all, the main goal of brokers is to serve all types of traders, not just certain trading style groups.。
Conclusion
According to the review, Exness is an established broker with an impressive track record and a variety of unique products, including excellent trading conditions, complete regulations, low spreads and fees, and advanced technology used in the system。Despite difficult times in the forex industry, the broker performed particularly well in 2022, successfully achieving several milestones.。Exness once again proves their reliability and commitment to providing traders with the best trading environment。
As for 2023, Exness seems to be aiming for a bigger picture as a global broker, with plans to expand into new regions and reach a wider audience.。This effort is also accompanied by a series of technological breakthroughs and improvements in modern areas such as cryptocurrency trading, so we can look forward to these plans and see what surprises remain。
Exnessis a Forex and CFD broker offering clients trading across multiple markets with the industry's most stable and reliable pricing, offering traders spreads as low as 0 pips and leverage up to 400: 1。
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