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EXNESS anyone? 38 replies

EXNESS official representative 1,346 replies

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ExNess

  • #2,101
  • Aug 12, 2016 12:31am Aug 12, 2016 12:31am
Quote
Dear Client,
we would like to inform you that the margin for new positions opened today from 05:45 to 06:05 (GMT+0) for currency pairs containing "CHF", "EUR" and "GBP" will be calculated based on a maximum leverage of 1:200. Please note this rule when choosing trading strategy.
Sincerely,
Exness Team


WOW time to look for new broker may be insta or hot .
  • #2,102
  • Aug 12, 2016 12:35am Aug 12, 2016 12:35am
Quoting TradeWTUC
Today i Got an email for exness. Adjustment to margin requirement during news releases Dear Client, We are constantly reviewing our trading conditions to better manage your risks and prevent big losses. As part of this continuous effort, we would like to inform you that the margin for new positions opened from 15 minutes before to 5 minutes after news releases of High importance will be calculated based on a maximum leverage of 1:200. After said period, the margin for these positions will be recalculated based on your pre-selected leverage. Please...
exness is getting more and more hopeless
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #2,103
  • Aug 12, 2016 12:41am Aug 12, 2016 12:41am
Quoting TradeWTUC
{quote} WOW time to look for new broker may be insta or hot .
agree
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #2,105
  • Aug 12, 2016 12:53am Aug 12, 2016 12:53am
I will monitor exness few days after that i will give try to other brokers, thanks for suggestion i will check it out.
  • #2,106
  • Edited 3:48am Aug 12, 2016 3:34am | Edited 3:48am
Damn! I just fails to understand what is the point of offering high leverage when you keep changing it automatically every few hours at backend?

At one point Exness claims to offer Unlimited Leverage & at the same time they automatically adjusts trader's positions to 1:200. Is it a new tactics to churn money from traders who's trading with high leverage?

Last month i suffered a big loss (had to close a partial position manually to maintain the leverage for other trades & which alone costed me around $4K) due to this leverage issue but somehow i kept calm as i didn't want to make it a big issue out here. The issue was subsequently fixed but the end result was that i lost money & this leverage issue finished one of my account. That time in my case this leverage issue arose due to some glitch but now they are intentionally making it a regular habit.

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Please stop pretending like you cares more about our money than us. It's trader's money & they know it better than you how to take care of it. Either limit the leverage to maximum 1:200 instead of offering unlimited or 1:2000 leverage or else just eliminate this auto leverage adjustment every few hours. I am with Exness since last 6 years despite of several hiccups during these years but now i also started finding it quite difficult to continue trading with these sort of restrictions.

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  • #2,108
  • Aug 12, 2016 6:07am Aug 12, 2016 6:07am
What a F*ck!
Changing leverage account like this!?...whithout any market issue!?

Instead you closing your account you are complaining!?

Sorry guys but the stupid one's isnīt this broker...but YOU !!!
  • #2,109
  • Aug 12, 2016 6:14am Aug 12, 2016 6:14am
Quoting deylon
Hidden
fbs.com have an alinea in their client agreement specifying that they can take your profit if it is done on "market abnormal condition", which means you can't trade news with them too
  • #2,110
  • Aug 12, 2016 9:06am Aug 12, 2016 9:06am
Dear Exness clients,

thank you for sharing your thoughts and opinions.

First of all, I would like to say that I understand how frustrating it may be for you to hear that we reduce the leverage.

However, as I explained above, the aim of the measure is to limit possible losses incurred by our traders during major news events.

Furthermore, this measure is in place only for 20 minutes around a 'high' news event, 15 minutes prior and 5 minutes past the news. Outside this 20-minute period, you can still use maximum leverage values as far as it is allowed by the leverage rules.

Needless to say, the market at news is still 'tradable' and all profits, irrespective of when they were made, be it during a 'calm' price movement or under 'abnormal market conditions', as avoandry has put it, belong to the trader.

Dear Forexgain, I have sent you a personal message regarding the 'glitch' you described in your post.

If you have any other questions, please do not hesitate to contact me.
  • #2,111
  • Aug 12, 2016 9:59am Aug 12, 2016 9:59am
OH dear exness,

That so kind of you that you take so much care of our accounts and money that you reduce leverage for us to avoid losses. you take all of our decisions in your hand for our safety wow thanks.
  • #2,112
  • Aug 12, 2016 10:34am Aug 12, 2016 10:34am
Hi Exness,

Replied back to you in the personal message & explained everything in detail.
  • #2,113
  • Aug 12, 2016 10:49am Aug 12, 2016 10:49am
Quoting avoandry
{quote} fbs.com have an alinea in their client agreement specifying that they can take your profit if it is done on "market abnormal condition", which means you can't trade news with them too
can you please copy paste the area where it appears
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #2,114
  • Aug 12, 2016 11:10am Aug 12, 2016 11:10am
This is ridiculous ... Changing leverage every next hour or on main events ... I am switching to some other broker ... How many are taking d same decision.. I am out of exness ... 
Re-Incarnated
  • #2,115
  • Aug 12, 2016 11:12am Aug 12, 2016 11:12am
I hope exness will remove this idiotic strategy of leverage reduction , until then i will not use it.
  • #2,116
  • Aug 12, 2016 11:40am Aug 12, 2016 11:40am
My withdrawal was not processed a month back they said its some technical issue. anyways i lost my equity next week. i have been very suspicious about exness since then i hope i get the profits this time and will look out for another broker..... I'm not implying anything i have been with exness for more than 3 years........stay safe guys
  • #2,117
  • Aug 12, 2016 11:51am Aug 12, 2016 11:51am
Quoting ptcl
My withdrawal was not processed a month back they said its some technical issue. anyways i lost my equity next week. i have been very suspicious about exness since then i hope i get the profits this time and will look out for another broker..... I'm not implying anything i have been with exness for more than 3 years........stay safe guys
Well, that's strange. I personally withdrew over $100K through neteller alone during 6 years of my trading with them but never faced even a single withdrawal issue.
  • #2,118
  • Aug 12, 2016 11:52am Aug 12, 2016 11:52am
Quoting primejarvis
This is ridiculous ... Changing leverage every next hour or on main events ... I am switching to some other broker ... How many are taking d same decision.. I am out of exness ...Â
im out of exness too, they are going from great to grave...
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #2,119
  • Aug 12, 2016 11:55am Aug 12, 2016 11:55am
Quoting Forexgain
{quote} Well, that's strange. I personally withdrew over $100K through neteller alone during 6 years of my trading with them but never faced even a single withdrawal issue.

agree, their withdrawals are good. however I suspect that too will depreciate at the rate they are goin
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #2,120
  • Aug 12, 2016 12:04pm Aug 12, 2016 12:04pm
Quoting deylon
{quote} agree, their withdrawals are good. however I suspect that too will depreciate at the rate they are goin
At one point of time I m 100% sure ... They will do some idiotic changes which will affect the companys repo... In simple words exness is not what it was ... They are breaking their own promise ... Leave it I am out of this shit ... Switching to some other broker ... If they do make the leverage changes back to earlier ... I will rejoin but till then bye bye exness
Re-Incarnated
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