Exness UAE – Islamic Forex Broker

Exness UAE is a leading online broker in the United Arab Emirates (UAE). It is a part of the Exness Group, a global financial services provider with offices in more than 10 countries. Exness UAE offers a wide range of services, including Forex trading, CFDs, and commodities trading. Exness UAE is regulated by the UAE Central Bank and is a member of the Dubai Financial Services Authority. The broker provides a secure and reliable trading environment, with competitive spreads and low commissions. It also offers a range of educational resources and customer support to help traders get the most out of their trading experience. Exness offers Islamic trading accounts by default to all their clients from Islamic countries.

In this Exness UAE review, we will take a closer look at the broker’s features, services, and customer support.

READ: Forex Trading in the UAE Review

Financial Assets

Exness UAE is a trading platform that offers a diverse range of assets to cater to the needs of traders. The platform provides access to the global financial markets, allowing traders to invest in Forex, metals, cryptocurrencies, energies, stocks, and indices.

• Forex is the most popular asset traded on Exness UAE, with a variety of currency pairs to choose from. Forex trading involves buying and selling currencies, and traders can profit from the fluctuations in exchange rates.
• Metals like gold and silver are also popular trading assets on Exness UAE. These precious metals are seen as a safe haven during times of economic uncertainty, and traders can invest in them to diversify their portfolio. The platform offers competitive spreads on metal trading, making it an attractive option for investors.
• Cryptocurrencies are another asset that has gained popularity in recent years, and Exness UAE offers trading in major cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The platform provides real-time price updates, allowing traders to take advantage of the volatility in the crypto market.
• Energies like oil and gas are also traded on Exness UAE, with a range of contracts available for traders. The platform offers access to both Brent and WTI crude oil, and traders can take advantage of the price fluctuations in these assets.
• Stocks and indices are other popular assets on Exness UAE, with a range of global stocks and indices available for trading. Traders can invest in popular companies like Apple, Google, and Tesla, as well as trade on indices like the S&P 500 and NASDAQ.

Overall, Exness UAE offers a diverse range of trading assets, making it an attractive option for traders looking to invest in a variety of markets. The platform provides access to a range of tools and resources to help traders make informed decisions, and offers competitive pricing and low spreads.

Fees & Commissions

Exness UAE is a leading online forex trading platform that offers a range of trading instruments to traders worldwide. The platform operates on a commission-free model, which means that traders can enjoy trading without having to pay any additional fees or commissions on their trades. However, there are certain fees and charges that traders need to be aware of when using the Exness UAE platform.

One of the main fees associated with trading on the Exness UAE platform is the spread. This is the difference between the buying and selling price of a currency pair, and it is how the platform earns its revenue. The spread can vary depending on the currency pair being traded and the market conditions at the time of the trade. Exness UAE offers some of the tightest spreads in the industry, which can help traders save money on their trades.

Another fee that traders need to be aware of is the overnight swap fee. This is a fee that is charged for holding a position open overnight, and it can vary depending on the currency pair being traded. The overnight swap fee can be positive or negative, depending on whether the trader is buying or selling the currency pair.

In addition to these fees, traders may also be subject to deposit and withdrawal fees when using the Exness UAE platform. The platform offers a range of payment options, including bank transfers, credit/debit cards, and online payment systems. While some payment methods may be free, others may incur a fee, so it is important for traders to check the fees associated with each payment method before making a deposit or withdrawal.

Overall, Exness UAE offers competitive fees and commissions, making it a popular choice for traders looking for a reliable and cost-effective trading platform. With its user-friendly interface, advanced trading tools, and excellent customer support, Exness UAE is a great option for traders of all levels of experience.

Deposit & Withdrawal Options

Exness has a strong presence in the UAE and offers several deposit and withdrawal options that are convenient, easy to use, and secure.

• Deposit Options – includes bank transfers, credit/debit cards, and e-wallets. Bank transfers are the most common deposit method, and Exness UAE supports local bank transfers as well as international wire transfers. The platform also accepts deposits via Visa, Mastercard, and Maestro debit/credit cards. E-wallets such as Skrill, Neteller, and WebMoney are also available for deposits.
• Withdrawal Options – offers traders a variety of withdrawal options, including bank transfers, e-wallets, and debit/credit cards. Withdrawals are typically processed within 24 hours, and traders can withdraw their funds back to the same method that they used to deposit funds. Bank transfers are the most common withdrawal method, and Exness UAE supports both local and international bank transfers. E-wallets such as Skrill, Neteller, and WebMoney are also available for withdrawals.
• Fees – Exness UAE does not charge any fees for deposits or withdrawals. However, traders may be subjected to fees by their respective banks or payment providers. It is important to note that some withdrawal methods may have a minimum withdrawal amount, and traders should check the platform’s terms and conditions before initiating a withdrawal.

In conclusion, Exness UAE offers a range of deposit and withdrawal options that are convenient, easy to use, and secure. The platform does not charge any fees for deposits or withdrawals, and traders can choose from various payment methods to suit their needs.

Exness Account Types

Standard Accounts

Standard Cent – This account type is designed for beginners. Trade with micro lots to start.

• Minimum Deposit – Depends on payment system
• Spread – from 0.3
• Commission – no commission
• Leverage – 1: Unlimited
• Instrumental – Forex, Metals

Professional Accounts

This account types are recommended for experienced traders. They come with raw spreads or even spread-free. These accounts have execution to suit scalpers, day-traders, and algotraders.

Pro – instant execution account, with zero commission & low spread.

• Minimum deposit – $200
• Spreads – from 0.1
• Commission – no commission
• Leverage – 1: Unlimited
• Assets – forex, metals, cryptocurrencies, energies, stocks, indices

Exness UAE Islamic Account

In an increasingly globalized financial landscape, Exness stands out by offering sustainable solutions that cater to diverse clients, including those adhering to Islamic finance principles. Exness Islamic Accounts are specifically designed to comply with Sharia law, providing a swap-free trading experience. This adherence ensures that traders can operate with peace of mind, knowing that their transactions align with their ethical and religious beliefs.

Moreover, Exness Islamic Accounts UAE empowers Muslim traders in the UAE to actively participate in the financial markets without compromising their values. With multi-asset portfolios and intuitive trading platforms, these accounts cater to a spectrum of trading styles. The flexibility afforded by Exness enables investors to engage in both margin trading and long-term investment strategies, making it a popular choice among those seeking ethical trading solutions.

Advantages of Exness Swap-Free Accounts UAE

Exness Swap-Free Accounts UAE eliminates the cumbersome swap fees associated with traditional trading accounts. Swapping can significantly affect profits in standard trading scenarios, especially for overnight positions. By eliminating these fees, Exness provides an attractive option for swing traders and those who prefer to hold positions for extended periods without incurring additional costs.

Furthermore, these accounts offer the same features as standard trading accounts, including access to leverage, extensive market analytics, and customer support. This comprehensive approach allows traders to focus on their strategies without the distraction of swap fees. As a result, Exness Swap-Free Accounts UAE represents an enticing opportunity for Muslim traders looking for a balanced approach to profitability and ethical trading.

The Growing Popularity of Exness Islamic Accounts in the UAE

The demand for Exness Islamic Accounts has surged in recent years, particularly in the UAE, where a significant Muslim population actively engages in various investment activities. This trend reflects a broader movement within the financial sector towards creating inclusive products that respect diverse cultural and religious practices. Traders increasingly seek platforms that offer products aligned with their beliefs, and Exness has successfully positioned itself at the forefront of this initiative.

In addition to targeting Muslim traders, Exness positions itself as a broker that fosters a diverse community of investors. By offering Exness Islamic Accounts, the company ensures its commitment to ethical trading practices. This not only boosts its reputation in the marketplace but also attracts clients seeking integrity and transparency, key components of any successful trading experience. With its robust services and focus on adherence to Islamic finance principles, Exness is leading a paradigm shift in how brokerages can respect and accommodate various cultural demands.

Trading Platforms & Tools

Exness UAE offers a range of trading platforms to suit the needs of different traders. The most popular platform is the MetaTrader 4 (MT4) platform, which is a powerful and user-friendly platform that is suitable for both beginner and experienced traders. The platform offers a range of features, including advanced charting tools, automated trading, and a range of technical indicators.

The platform also offers the MetaTrader 5 (MT5) platform, which is a more advanced version of the MT4 platform. The MT5 platform offers a range of features, including advanced charting tools, automated trading, and a range of technical indicators.

In addition to the MT4 and MT5 platforms, Exness UAE also offers the cTrader platform, which is a web-based platform that is suitable for both beginner and experienced traders. The cTrader platform offers a range of features, including advanced charting tools, automated trading, and a range of technical indicators.

Research & Education

Exness UAE offers a comprehensive suite of educational and research resources to help traders make informed decisions.

Exness UAE provides traders with access to a range of educational materials, including webinars, tutorials, and e-books. These materials are designed to help traders understand the basics of trading, as well as more advanced topics such as risk management and technical analysis. The platform also offers a range of research tools, including market analysis, economic calendars, and news feeds. These tools can help traders stay up to date with the latest market developments and make informed decisions.

Exness UAE Pros & Cons

Cons

1. Limited Payment Options: only accepts payments via bank transfer and credit/debit cards. This limits the payment options available to traders and may be inconvenient for some.

2. Limited Customer Support: offers customer support via email and telephone. However, the broker does not offer live chat support, which may be inconvenient for some traders.

3. Limited Education Resources: does not offer a wide range of educational resources for its clients. This may be a disadvantage for traders who are new to the markets and are looking for guidance.

Is Exness legal in UAE?

Yes, it is legal to trade with Exness in UAE. Exness complies with multiple regulatory bodies like the Financial Services Authority (FSA), Seychelles, Financial Services Commission (FSC), BVI, Financial Services Commission (FSC), Mauritius, Financial Sector Conduct Authority (FSCA), South Africa, Financial Conduct Authority (FCA), UK, Capital Markets Authority (CMA), Kenya, Jordan Securities Commission (JSC), Jordan, etc. Exness accepts traders from the UAE for online Forex trading and offers Islamic trading accounts to UAE Forex traders.

Exness UAE Office and Exness UAE Contact Number

Exness does not have an office in the UAE. However, it has offices in the United Kingdom, South Africa, the British Virgin Islands, Seychelles, Curaçao, and Kenya. Exness supports traders around the clock and speaks 14 languages. Support is available 24 hours a day, 7 days a week, in English, Chinese, Thai, Vietnamese, Arabic, Bengali, Hindi, and Urdu.

Customer Support

Exness UAE offers top-quality customer support services to its clients. Its customer support team is available 24/7 to assist clients with any queries or concerns they may have. Clients can reach the team through various channels, including live chat, email, and phone. The team is well-trained and knowledgeable about the company’s products and services, ensuring that clients receive prompt and accurate assistance. Additionally, Exness UAE has a comprehensive FAQ section on its website, which provides answers to commonly asked questions. Overall, Exness UAE’s customer support services are reliable, efficient, and geared towards providing exceptional customer experience.

EXNESS FAQs UAE

Exness Review UAE | Conclusion

In conclusion, Exness UAE is a reliable and trustworthy broker that offers its clients a wide range of services and features. It also offers competitive spreads, fast execution, and a wide range of trading instruments. The customer service is also excellent, and the broker provides a secure and safe trading environment. Exness UAE is a great choice for traders looking for a reliable and trustworthy broker.

Exness Islamic Accounts provides an exceptional trading solution for individuals adhering to Islamic guidelines. By offering Exness Swap-Free Accounts UAE, the platform allows Muslim traders to navigate financial markets without compromising their values. As the popularity of Islamic finance continues to grow in the UAE, Exness remains committed to providing innovative and ethical trading solutions. The future of trading is promising for those who prioritize both profitability and principle, and Exness is at the forefront of this movement.