Exness Minimum Deposit
Exness minimum deposit for a live trading account is $10. This minimum deposit is equivalent to 1 199 KES. Exness can be summarised as a trustworthy and regulated CMA broker that offers 0% deposit and withdrawal fees.
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minimum Deposit
Pros and Cons
👉 Exness charges a minimum deposit amount of 10 USD.
👉 This is equivalent to 1,100 Kenyan Shilling (KES) at the average exchange rate between the United States Dollar and the Kenyan Shilling.
👉 Exness is governed and licensed by several international organizations, including the FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, and FCA, but not the Capital Markets Authority (CMA).
👉 These severe regulatory organizations dictate that all client funds be maintained in segregated accounts at top-tier banks, apart from the broker account.
👉 This money cannot be used to satisfy the broker’s financial commitments or operational demands; it must only be used to assist traders’ trading activities.
👉 In addition, this cash must be promptly accessible for withdrawal at any time. Exness is a reputable organization that offers a safe, fair, and secure trading environment that is regulated, protected, and secured using some of the most modern protocols and security measures in the industry.
Deposit fees and deposit methods
👉 Exness does not charge any deposit fees when Kenyan traders fund their accounts. When paying the minimum deposit amount, traders can use any of the following methods:
➡️ Debit Card
➡️ Credit Card
➡️ Internet Banking
➡️ Perfect Money
➡️ Tether (USDT OMNI)
👉 When traders make the minimum deposit, they could utilize any of the supported deposit currencies according to their selected form of payment. Exness is one of the only brokers that offer such an extensive range of currencies for deposits, withdrawals, and as base currencies for accounts.
A step-by-step guide to depositing the minimum amount
👉 Funding your account with Exness consists of the following 5 steps:
Step 1 – Click on Deposit in your Personal Area.
👉 Log into your dashboard and hover the right-hand side and click on the deposit button.
Step 2 – Choose a payment method from the listed options.
👉 Note that the payment methods available may vary based on your Personal Area’s registration location. To filter the instant methods, switch on Only Instant Methods.
Step 3 – Fill in the necessary details
👉 Complete the required details which include the amount you wish to deposit, preferred currency and which account to fund.
Step 4 – You will be redirected to your chosen payment system’s website
👉 Here you can – complete your transfer.
5. Step 5 – Once completed you will be able to view your Transaction history.
👉 Here you will see the details like transaction ID and the status of all your transactions.
USD 10 / 1156 KES
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
MetaTrader 4 and MetaTrader 5
Account Activation Time
Exness Kenya Pros and Cons
|✔️ Pros||❌ Cons|
|Exness has a global presence and has authorization and regulation with market regulators around the globe||There is a limited selection of tradable instruments and only a few asset classes|
|Exness offers instant withdrawals and deposits||There are only a few funding options offered|
|Kenyan traders have a choice between several dynamic account types|
|Client fund safety is guaranteed and there is investor protection offered|
|Exness offers 24/7 customer support that is both prompt and helpful|
|There are tight and variable spreads offered with competitive commissions|
Verdict on Exness
👉 Overall, Exness is very competitive in terms of its trading fees and spreads.
Does Exness have a KES account?
Yes, Exness allows Kenyans to register a KES-denominated account.
How long is Exness’ deposit time?
Deposits made through Bitcoin and Tether can take up to 72 hours, but all other payment methods are instant.
What is the minimum deposit with Exness?
The minimum deposit with Exness is 10 USD / 1,100 KES.
Does Exness charge deposit fees?
No, there are no fees charged on deposits.
Where does Exness keep my funds?
Exness keeps all client funds secure in bank accounts with top banks, away from the broker account where operational funds are kept.