Kenya Review

Exness Account Types: Tailored for Every Trader

Exness offers a variety of account types designed to suit different trading styles and experience levels. Kenyan traders can choose from Standard and Professional accounts, each with unique features. Below is an overview of the available options:

1. Standard Accounts

 Standard Account: Ideal for beginners, this account requires a $10 minimum deposit and offers commission-free trading with spreads starting from 0.3 pips. It supports unlimited leverage (subject to conditions) and is suitable for traders seeking simplicity and affordability.

 Standard Cent Account: Designed for new traders, this account allows trading in smaller lot sizes (cents), minimizing risk. It’s perfect for practicing strategies without significant financial exposure. Note that the Standard Cent account does not support KES as a base currency.

2. Professional Accounts

 Raw Spread Account: This account offers ultra-low spreads (from 0.0 pips) with a fixed commission per lot, making it ideal for high-volume traders who prioritize tight spreads. Maximum leverage is 1:400.

 Zero Account: Tailored for scalpers and day traders, the Zero account provides zero spreads on select instruments for a commission per lot. It also supports leverage up to 1:400.

 Pro Account: Designed for experienced traders, the Pro account offers instant or market execution with no commission and competitive spreads. It’s suitable for those who trade larger volumes and prefer flexibility.

3. Islamic Accounts

Exness caters to Muslim traders in Kenya by offering swap-free Islamic accounts across all account types. These accounts eliminate overnight swap fees, aligning with Sharia principles. Traders can convert a standard or professional account to swap-free by contacting customer support.

Key Takeaway: Exness’s diverse account offerings make it accessible to traders of all levels, from beginners testing the waters with the Standard Cent account to professionals leveraging the Zero or Raw Spread accounts for advanced strategies.

Trading Platforms: Power and Flexibility

Exness provides a robust suite of trading platforms to meet the needs of Kenyan traders, whether they prefer desktop, web, or mobile trading. Here’s a closer look:

1. MetaTrader 4 (MT4) and MetaTrader 5 (MT5)

Both MT4 and MT5 are industry-standard platforms known for their reliability and advanced features. Kenyan traders can access:

 Over 12 customizable chart types, including candlesticks, Renko, and Kagi.

 Hundreds of built-in indicators and over 50 drawing tools for technical analysis.

 Support for Expert Advisors (EAs) for automated trading strategies.

 Customizable timeframes and trading alerts available on any device.

MT5 offers additional features like more timeframes, advanced order types, and an economic calendar, making it ideal for traders seeking a more comprehensive platform.

2. Exness Terminal

The proprietary Exness Terminal is a web-based platform with a minimalist design, perfect for traders who prefer simplicity. It allows quick management of pre-trade and post-trade orders and supports drag-to-modify stop-loss and limit levels.

3. Exness Trade App

For mobile trading, the Exness Trade App is a standout feature. Available on Android and iOS, it offers real-time quotes, advanced charting, and seamless account management. Kenyan traders appreciate its integration with M-Pesa for instant deposits and withdrawals, making it a convenient option for trading on the go.

4. Free VPS Service

Exness provides a free Virtual Private Server (VPS) for traders depositing at least $500. This ensures reduced latency, uninterrupted trading, and reliability, even during power outages—a significant advantage in Kenya.

Key Takeaway: Exness’s platform offerings combine power, flexibility, and accessibility, making it easy for Kenyan traders to execute strategies across devices.