The search of finding the right broker can be difficult in the Forex World. There are thousands of certified brokers operating worldwide. All of them have different terms and conditions. They are regulated by different bodies as well. Although it provides more options for traders, the choice can be difficult. Every brokerage house offers something that attracts people. Plus, there are only thousands of certified brokers. The unregistered ones are more than this and are operating globally.
If you want to select a broker, first make sure it is regulated. Also, you can check the reviews about all brokers on the Internet. If it is a popular one, you can check its credibility through reviews by reputable websites and forums. This is the best way to distinguish fake brokers from real ones. It will also help you decide if it is the right one for you. One of the most popular brokerage firms in the world is Exness. It has supportive conditions for supporters and is supervised by International regulators as well.
Hence, it is a trusted broker. Not only that, but it is also one of the few to offer bonuses for their customers. If you are not familiar with the Exness Bonus, do not worry. We have gathered here everything you need to know about it. So, without any further ado, let’s get started.
Is Exness Trusted?
Exness is one of the most popular and reliable brokerage houses across the globe. It is supervised by some of the well-known regulatory bodies, such as FSA, CySEC, FSCA, etc. Moreover, you can get through all the reviews on the Internet that support the broker’s credibility. In a few words, Exness is a trusted and safe brokerage firm.
The Exness Bonus Program
New traders find it hard to sign-up for a new account. That is because they are usually hesitant about their initial deposit. But, Exness is quite different from most brokers. They provide ease for their traders with a bonus.
When a user has created a new account, the broker offers them a 10% net deposit bonus. It is the difference between the amount of money deposited from the account and withdrawn from it. This amount depends on the trader. Although it is not necessarily a huge bonus, it is good enough to compensate for your deposit.
Also, Exness can lure many new traders using this bonus. Since new traders hesitate to trade large amounts of money, they can use the bonus to trade. It may not be much, but they can still earn profits with it if they go right. Other than that, there are no bonuses for beginners. However, there are other promotional programs for advanced and traders as well.
How to Get The Exness Bonus
Now that you know what the Exness Bonus is about, let’s discuss how to get it. Here are all the important steps you need to know to avail of the bonus.
- Firstly, you need to set up an account. Although there are various types available, you need a standard one for the bonus. It is only available for this certain type because Professional accounts are for advanced traders, while this bonus is meant for newcomers.
- You need to provide all the necessary information for your identification to open an account. The broker will help you with the process.
- Once you are all set up, you will have to deposit an amount into your account. For the Standard accounts, you can have the initial deposit as low as $10.
- After depositing the amount, you can choose the bonus program. It will be calculated as 10% of your deposit.
You are all set now to start trading. However, there are some important things you need to know about the bonus. It is also one of the most frequently asked questions, where can traders use the bonus amount?
What You Need to Know About The Exness Bonus
The Exness bonus is a great start for beginners. But, it is important to note that you can not withdraw it. The bonus amount is not actual money, although it does add up with the amount you have in your account. It means you can only use it for trading purposes. While many people may consider it a downside, it is actually not. If you look at it from a trader’s perspective, you can understand how handy that amount will come in trading and winning profits in the longer run.
Also, there are certain jurisdictions where you can not get the bonus. The regions that FCA and CySec supervise are not allowed to offer their traders any bonuses. Hence, traders from Europe and some other jurisdictions can not avail the bonus due to their restriction of brokers providing any bonuses.
Another important thing to note is that it is not a referral bonus. Exness does not offer any such bonuses that involve inviting more people to them. This bonus is solely a compensation award for beginners for choosing the Exness brokerage firm.
More Exness Bonuses and Promotions
Exness also offers some other bonuses. However, this is the only one for newcomers. The other popular one is the Premier Program. It is designed for entry-level traders, intermediate traders, as well as experienced traders. It is divided into three tiers, Preferred, Elite, and Signature. Each comes with exciting new opportunities and privileges for traders. This way, even advanced clients can get support and discover new ways to get even better. The benefits range from getting analysis from expert traders to making networks in the world. It is safe to say that the Premier program is definitely worth signing for, regardless of your experience.
If you are looking for a broker that offers opportunities for its traders, it does not get better than Exness. Their bonuses sign-up and Premier program are enough to convince beginners to sign up with them. The points mentioned above will help you get a clearer picture of the Exness bonus and how to get it.