Start Trading Forex with Exness in Sri Lanka

Reasons for Exness Popularity

The reasons for Exness’ huge popularity among the fraternity of forex traders in Sri Lanka are several.

Low Minimum Deposit for Sri Lankan Traders 

The big plus that has worked in favor of Exness is its low minimum deposit requirement; it enforces only a minimum deposit of $10, approximately 3,000 Sri Lankan Rupees, thus availing access to forex to anyone concerned and with limited funds. The minimum deposit for a professional account is $500, approximately 150,000 Sri Lankan Rupees; however, Pro accounts have more advantages in comparison with a Standard account. This low entry cost removes one of the major barriers for so many Sri Lankans who would like to have a go at currency trading.

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Support for MT4 and MT5 Platforms

One of the major reasons traders like Exness is that it offers both MT4 and MT5. It is highly popular among Forex traders worldwide. Both MT4 and MT5 have user-friendly features and are embedded with charts, technical indicators, and automated trading options—very powerful in nature. While it may sound pretty basic, these platforms are actually trusted and used by professional traders worldwide. Exness offers Bangladeshi traders MT4 and MT5, thus providing top-notch software similar to the professionals for conducting all trade activities.

High Leverage Trading Conditions

Exness offers very high leverage, reaching 1:2000. This will let you trade large positions in comparison with the money you really have on your account. For example, if you deposited $100 at a leverage of 1:2000, you would have $200,000 in trading power.

Leverage can increase both potential profits and possible losses, however. With 1:2000 leverage, if your $200,000 trade changes just 0.5% against you, that could wipe out the whole of your $100 capital.

Responsible risk management is critical when using high leverage. Never risk an amount you can’t afford to lose. Proper stop losses, position sizing, and money management techniques must be followed towards the risks associated with high leverage trading.

Financial Regulators and the Legality of Exness in Sri Lanka 

Exness is an international broker that is overseen by popular financial regulatory bodies. It is allowed to practice Forex trading, which is legal in Sri Lanka and governed by the Central Bank of Sri Lanka.

Exness has licenses from major regulators, such as:

• FSA — Financial Services Authority, Seychelles.
• FCA — Financial Conduct Authority, United Kingdom.
• CySEC — Cyprus Securities and Exchange Commission.
• FSCA — Financial Sector Conduct Authority, South Africa.
• FSC — Financial Services Commission, Mauritius.

These popular regulatory bodies ensure Exness meets high standards, operates transparently, and safeguards clients’ funds. This gives the confidence to Sri Lankan traders to be assured that they trade through a very reliable and trusted broker.

Types of Accounts Provided by Exness

Exness has five account types: the Standard Account, plus four others. There is a Standard Cent Account targeting those who are just starting to trade with small money and low risk. Then there is a Raw Spread Account for intermediate and advanced traders that execute many trades with low spreads. The Pro Account is characterized by professional trading conditions, and with Zero Account, there is no spread on the top 30 stocks. You can select an account type that best fits your needs and experience with trading.

Deposit and Withdrawal Methods

Exness makes it possible for you to deposit and withdraw your money in Sri Lankan Rupees, US Dollar, Euro, British Pound, and more. All transactions are in real time and don’t have the fee for deposits or withdrawals.

Exness Trading Platforms

How to Register an Exness Personal Account and Open a Trading Account

You need to meet only two simple requirements to start trading on the Exness: register, pass verification, choose the type of trading account and fund it, download the trading platform.

How to Sign Up for Your Exness Personal Area

Signing up for an Exness personal area is easy.

1. Visit the Exness website
2. Find and click the “Open Account” button
3. Enter your personal details like name, email, password
4. Indicate the country of residence and contact information
5. Check the box for terms and conditions
6. Submit your application
7. Check your email for the verification link and activate

Create an Exness account

So, that is a pretty easy procedure to get your Exness personal area set up.

Complete Your Profile and Verify Identity

On the following pages, complete your profile and verify your identity. This step is required for security and regulatory purposes. You will need to upload clear copies of your government-issued ID, such as your passport, national ID card, or driver’s license.

Depending on your country and the type of account you have, you may be required to upload more documents. These might include a recent utility bill or bank statement as proof of address and details about the source of your funds.

Fund Your Account with a Low Minimum Deposit 

After your profile is complete and verified, you can proceed to fund your trading account. Exness has a long list of funding methods, including bank transfers, credit/debit cards, and online payment systems.

One great thing about Exness is the low minimum deposit. It makes it easy for traders of all levels to begin trading. The exact amount you need to pay as a deposit depends on the type of account you wish to open, but generally, it is pretty affordable.

Open a Trading Account and Start Trading 

After funding your account, you can open a trading account. This is usually easy and can be done from your personal area.

1. Log in to your Personal Area
2. Open a trading account
3. You will be asked to select the account type you prefer
4. Now your account is open and funded

Open a new Exness account

Now that your trading account is open and funded, you may start trading. You will be provided with several types of trading platforms: MT4, MT5, Web, and Mobile versions.

Exness Affiliate Program

Exness has one of the best and leading affiliate programs, offering excellent payouts. You can earn up to $1,850 for each client you refer to Exness. The company has varied plans for commissions, allowing self-determination of the most appropriate one.

In light of this, one of the major advantages of the Exness Affiliate Program is that the payments are scheduled in such a way that you will get your commission at regular intervals. Not only that, but Exness has competitive commission rates, and their affiliate program is also another great opportunity.

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Trusted by Sri Lankan Traders 

So basically, many traders from Sri Lanka trusted the delivery of Exness’s good service. Many local traders reported good experiences regarding user-friendly trading platforms, competitive pricing, and efficient customer support.

One trader from Lagos commented, “I have been using Exness for the past 2 years. Their platforms are simple, and trade execution is fast. Never had issues with withdrawals or deposits.”

Another trader from Abuja chimed in, “I like Exness for its transparency. The pricing is clear, and I don’t feel cheated. Support is always there to help with any questions.”

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Exness Customer Support

ExnExness offers great customer support to its traders:

• Availability 24/7, 5 days a week, to attend to all kinds of questions and issues
• Multipurpose contact methods: Live chat, Email, and Phone
• Friendly, knowledgeable support staff in multiple languages

Knowledge base and a section with frequently asked questions on the website, which includes guides and other useful resources for traders of all skill levels

A Little More Information About Exness

Exness was established in 2008 to provide excellent trading services all around the world.

First of all, Exness worked on the ease of use of its trading platforms and attractive trading conditions such as low spreads and fast execution. It quickly attracted many traders to the platform. 

With growth, Exness got licenses from some very respectable regulators: Seychelles FSA and the CySEC in Cyprus. These licenses enable Exness to work legally in most countries and show that it provides a safe trading environment.

Today, Exness is one of the largest Forex brokers all over the world, having over 2 million traders from 120+ countries. The company has won numerous “Best Forex Broker” awards for its high-quality services.

Exness has offices in Europe, Asia, the Middle East, and other regions. It never stops increasing services and characteristics within its arsenal, like educational resources, powerful trading tools, fast withdrawals, which explains why many traders choose Exness as their top broker today.

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