Many trading websites and platforms offer bonuses when you join to entice you to use their services. The same is true of Exness, a reputable Forex broker that provides a few bonuses to clients. Please continue reading to learn more about the Exness bonus and how to use it. Exness provides a welcome bonus to all new customers who open a real account with a broker.
This welcome bonus is a 10% bonus scheme calculated as a proportion of a net deposit. A net deposit is a sum of the deposits made to and withdrawals from trading accounts. The clients will probably have access to trade the currency pair and accrue a few expenses once an account is established as an exness bonus. Only through this bonus may a broker compensate the trader’s discretion and reimburse some or all of the trader’s expenses.
What is the Exness bonus?
When it comes to exness, there is no traditional deposit bonus. An incentive-free loyalty program “drive” from the previous year is still in place. Everything depends on how many trades have been completed and how many bets the clients placed. Each task completed is recorded in the financial credit history. As the funds accumulate, clients eventually get bonuses.
Among the prominent international exchanges that don’t base commissions on reserved funds is Exness. There is no need to pay when replenishing a deposit, with the third sector of the financial system being the exception because bonus promotions occasionally permit use.
Does Exness Have Bonuses?
Yes, Exness offers a welcome bonus to entice new customers. When you join up for a new Exness account, you can receive a $10 welcome bonus. The only prerequisite is that you confirm your email and phone numbers. Exness occasionally gives other perks in addition to this one. These exness bonuses may be determined using the following methodology:
Percentage of the net deposit
The client’s original deposit is the net, less whatever money they may have taken out. Occasionally, Exness will give out bonuses calculated as a percentage of the net deposit. For instance, your bonus would be $1 if your net deposit was $20 and you received a 5% bonus.
Percentage of traded volume
The total number of lots traded by the client over a predetermined period is the volume traded. You may be eligible for a bonus calculated as a percentage of the volume traded, depending on the bonus type.
Volume eligible for crediting/bonus: 1 lot
You cancel your two lots EURUSD order. Since there is a 2 USD bonus on EURUSD, you will receive a bonus of $4. Since Exness rounds off the lots when computing bonuses if your order closed on 2.1 lots, you wouldn’t receive any bonus for the extra 0.1 lots.
But this 0.1 will still be used and calculated in the following lot. For instance, if your order for 0.9 lots of XAUUSD is closed. Since XAUUSD and EURUSD belong to the same group, the additional 0.9 will be added to your current 0.1. You will have one lot in your total, and the bonus will be $2.
Extensive Analysis of the EXNESS Group in India
For merchants, the Exness in India is a wise option. The broker gives its customers enticing trading conditions and complies with all local regulator’s standards. According to ratings of Forex brokers in South Africa, New Zealand, and EU nations, Exness Broker is in the top spot.
To suit the needs of its consumers, the company stresses adopting cutting-edge technologies. Whatever the type of account opened, every user gets access to a complete set of tools. Exness also develops new trading instruments that give traders more chances to make money. You can trade currency pairings, cryptocurrencies, metals, equities, and energy today on the Exness.com website.
Listed below are some Exness statistics that traders may find helpful when selecting a broker:
- More than 325 billion US dollars worth of commercial transactions take place each month;
- More than 72,000 active users in 131 different nations;
- Working in the EU market for more than ten years.
By becoming well-known among users, The Exness has established its name in the broker business. Even those who don’t trade currencies online are aware of it. It has always been possible to draw clients in with the help of the Exness bonus programs. Before choosing to engage with a specific business, it is crucial to evaluate the trading environment. A comparison of the trading conditions for Indian traders in the EXNESS Group has been prepared by analysts from the Traders Union.