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EXNESS anyone? 38 replies

EXNESS official representative 1,346 replies

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ExNess

  • #21
  • Aug 7, 2011 4:15am Aug 7, 2011 4:15am
Quoting dbeach777
I traded Live with them for awhile, and was very pleased with their low spread, high leverage, and automatic deposit and withdrawals.
I'd still be with them but they don't allow us citizens any more and had me close my account
The matter is that high leverage can lead to greater loss.
So, watch out.
I agree with NFA about the necessity of 1:50 leverage.
  • #22
  • Aug 7, 2011 4:56am Aug 7, 2011 4:56am
Higher leverage used in the right hands can be very powerful if the leverage is used for margin padding and in the wrong hands very bad, but the NFA should have no right to be able to tell US Citizens what type of leverage they can have or who to have it with, it should be the right of the individual. Does anyone stop anyone from buying lotto tickets, where the chances are astronomical of winning, no because the state controls the kickbacks. My soap box moment is over

Now in regards to ExNess, upon digging a bit deeper, they do not seem to be regulated. I have not heard any over the top issues with them. I have read they have fast withdrawls and decent spread. Best I would do is open a minimum live account with them to test things out, that is what I would do, take all steps at your own risk. Now 1:1000 leverage, priceless.
  • #23
  • Aug 7, 2011 9:35am Aug 7, 2011 9:35am
Why such a cynical question?
Its more a question of how many years!
2 to be exact.

Quoting MoreYummy
A while is how many days? their automatic withdraw is cool.
  • #24
  • Aug 7, 2011 9:38am Aug 7, 2011 9:38am
Good for you, Im fine with you agree with NFA...

I don't agree that they need to control my risk appitite!

Stupid traders can just as easily blow an account using 50:1 leverage

Quoting slovforex
The matter is that high leverage can lead to greater loss.
So, watch out.
I agree with NFA about the necessity of 1:50 leverage.
  • #25
  • Aug 7, 2011 9:41am Aug 7, 2011 9:41am
Agreed! And just because they offer 1000:1 leverage doesn't mean you gotta use it.... it only means you have that option and need to excercise responsibility

Quoting EricF
Higher leverage used in the right hands can be very powerful if the leverage is used for margin padding and in the wrong hands very bad, but the NFA should have no right to be able to tell US Citizens what type of leverage they can have or who to have it with, it should be the right of the individual. Does anyone stop anyone from buying lotto tickets, where the chances are astronomical of winning, no because the state controls the kickbacks. My soap box moment is over

Now in regards to ExNess, upon digging a bit deeper, they do not seem to...
  • #26
  • Aug 7, 2011 2:24pm Aug 7, 2011 2:24pm
Quoting slovforex

You are so funny))) You should be on The RidicuList of Anderson Cooper!
You just gave them a favour. Do you understand why?
1) Instead of keeping this thread off the spotlight, you "revived" it. As of now more people will go to their website to check their "high" spreads.
2) You attached a screenshot with their 8-pip spread on e/u. But when one studies this screenshot the spread of less then 1 pip is clearly seen.
Earlier one guy here posted a screenshot of 6-pip spread on e/u at Alpari, I did some research and the spread...
Hmmm, You said "when one studies this screenshot the spread of less then 1 pip is clearly seen". Really? Wanna point that out because I sure don't see it. I'm seeing a spread of 8.4 pips; Bid=1.42634 & Ask=1.42718
  • #27
  • Aug 7, 2011 11:16pm Aug 7, 2011 11:16pm
Quoting LEXngton
Hmmm, You said "when one studies this screenshot the spread of less then 1 pip is clearly seen". Really? Wanna point that out because I sure don't see it. I'm seeing a spread of 8.4 pips; Bid=1.42634 & Ask=1.42718
Just open your eyes...a little bit wider... or mop your glasses and look what was the spread during several ticks before it jumped to 8 pips.
  • #28
  • Aug 7, 2011 11:22pm Aug 7, 2011 11:22pm
Quoting dbeach777
Good for you, Im fine with you agree with NFA...

I don't agree that they need to control my risk appitite!

Stupid traders can just as easily blow an account using 50:1 leverage
For me, 50:1 leverage can restrain my risk appetite in most of the cases, but you are right, it does not help reckless traders at all!
  • #29
  • Aug 7, 2011 11:56pm Aug 7, 2011 11:56pm
Quoting slovforex
Just open your eyes...a little bit wider... or mop your glasses and look what was the spread during several ticks before it jumped to 8 pips.
So what? He's pointing out that spread at the time of the SCREENSHOT was 8.4 pips smart guy, ha ha ha... Who gives a crap what the spread was before that, what a simpleton.
  • #30
  • Aug 8, 2011 1:08am Aug 8, 2011 1:08am
Quoting LEXngton
So what? He's pointing out that spread at the time of the SCREENSHOT was 8.4 pips smart guy, ha ha ha... Who gives a crap what the spread was before that, what a simpleton.
Who gives a crap to one-time spike? Did it affect your LOSS or PROFIT?
  • #31
  • Aug 8, 2011 4:22am Aug 8, 2011 4:22am
Quoting slovforex
Who gives a crap to one-time spike? Did it affect your LOSS or PROFIT?
Slovforex,

I partially agree with LEXngton. The spread was too high, even for "one-time spike", because it may affect your trades.
But when analyzing the broker work, it's better to look at the average spread.
  • #32
  • Aug 8, 2011 8:20am Aug 8, 2011 8:20am
Quoting dbeach777
Why such a cynical question?
Its more a question of how many years!
2 to be exact.
I just want to know it.
Sometimes a while means week, month to others.

thanks.
  • #33
  • Aug 9, 2011 5:44am Aug 9, 2011 5:44am
Quoting Julian_Ass
Slovforex,

I partially agree with LEXngton. The spread was too high, even for "one-time spike", because it may affect your trades.
But when analyzing the broker work, it's better to look at the average spread.
yeah, it does make sense when spread widening affects trades...
  • #34
  • Aug 9, 2011 9:13pm Aug 9, 2011 9:13pm
Im guessing that screenshot was taken at or after market closing.... That doesnt count

Quoting slovforex
yeah, it does make sense when spread widening affects trades...
  • #35
  • Aug 10, 2011 1:50am Aug 10, 2011 1:50am
Quoting dbeach777
Im guessing that screenshot was taken at or after market closing.... That doesnt count
Right...remark: except market opening...
  • #36
  • Aug 14, 2011 10:06am Aug 14, 2011 10:06am
Quoting dbeach777
Im guessing that screenshot was taken at or after market closing.... That doesnt count
Its Live mkt spread you can see in screenshot date is 01 augest 2011 Monday
  • #37
  • Aug 14, 2011 10:57am Aug 14, 2011 10:57am
Does anyone REALLY trade with them with 1:1000 leverage?

That is ridiculous. And, a surefire way for newbies to blow up accounts in HOURS not even days at this point.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #38
  • Aug 14, 2011 1:11pm Aug 14, 2011 1:11pm
You gotta be joking. This has "Russian bucketshop" written all over it.
  • #39
  • Aug 14, 2011 1:28pm Aug 14, 2011 1:28pm
Nope watch let me see if I can find it.

I wish I could open an account with them at 1000 to 1 with a hundred bucks just to see what the hell actually goes on.



Quoting Marv
You gotta be joking. This has "Russian bucketshop" written all over it.
Attached Image
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #40
  • Aug 14, 2011 3:08pm Aug 14, 2011 3:08pm
Quoting XTrade
Nope watch let me see if I can find it.

I wish I could open an account with them at 1000 to 1 with a hundred bucks just to see what the hell actually goes on.
Huh?
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