Exness Dollar plans to cut transaction costs by half
Exness Dollar Rewards is a special program that can be used to minimize spreads and commissions。How it works?What are the terms?
Exness Dollar Rewards is a special program that can be used to minimize spreads and commissions。How it works?What are the terms?
Dollar Rewards is a loyalty program run by Exness that allows traders to save money when trading or placing orders.。It allows traders to aim to reduce spreads and commissions, which make up the bulk of a trader's transaction costs。
Exness dollar as the currency of this loyalty program (EXD) can be used to pay 50% of the spreads and commissions deducted from potential transactions。Traders who take advantage of the scheme pay only half the transaction cost and pay the balance in EXD。However, EXD can only be used on a single trading account, not on multiple accounts。
1 dollar equals 1 dollar。So if a trader initiates an order equal to $20 spread and commission, the trader will only pay $10 and the EXD will pay the remaining $10。This means that the more orders a trader opens, the more transaction costs are saved。
The benefit of EXD is that traders don't need to do anything special to get it other than trading, and there are no goals or minimum requirements to get EXD。Every order initiated by the trader is rewarded, and every EXD earned by the trader is his own, without worrying about hidden penalties, cuts or commissions。Earned EXD can be found in the trader's reward wallet and can be used to cover the spread and commission costs of as many trades as possible。
The accumulated EXD will be available at the end of each month, or it can be allocated by selecting the trading account to use the EXD。Once an account is selected, 50% of the transaction fee for each new order on that account will be borne by the available EXD。
To simplify the process, perform the steps in the following order:
- Open the rewards wallet, which is located in the Personal Area under the Settings tab。
Find the accumulated EXD amount under Available Rewards。
Go to the trade distribution and select the trading account that will use the EXD。
From then on, all transaction costs will be reduced by half relative to the number of EXDs available。
Exness Dollar rewards are also designed to reward loyalty。When a trader trades for three months in a row, he will receive an additional Exness Dollars reward, called the activity reward; the more the EXD trader earns through trading, the greater the activity reward。
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, which makes it easier for traders to trade on Exness because the Exness platform can be accessed 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.。
Exness Dollar Program Terms
- EXD Trading Rewards - the portion of a trader's spreads and commissions that will be returned in the form of EXD。
Activity reward - this is the reward that the trader receives for three consecutive months of continuous trading, and the trader can monitor this additional EXD to understand its amount。
Next Reward - refers to the EXD accumulated by the trader during the month, which the trader can use at the end of the month。
Available Rewards - This refers to the number of available EXDs that a trader can use and allocate to a trading account。
Trade allocation - this involves the specific trading account that will use the EXD。, EXD will cover half of the future transaction costs when transferred to the account。
This loyalty program is a relatively new initiative initiated by Exness and is being improved over time.。It is recommended that users using the Exness Trader app should update it to the latest version so that they can access the reward wallet on their mobile device and check the number of EXDs they have。
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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