CFA Franc Forex Trading Accounts
Scam Forex Brokers in Cameroon
Exness Review
Overall Exness is considered low risk, with an overall Trust Score of 97 out of 100. The broker is licensed by one Tier-1 Regulator (high trust), three Tier-2 Regulators (average trust), and four Tier-3 Regulators (low trust). They offer Cameroonian traders five different retail trading accounts: Standard Account, Standard Cent Account, Raw Spread Account, Zero Account, and Pro Account.
- Kayla Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.9/5
Min Deposit
10 USD / 5,983 XAF
Regulators
FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
Trading Desk
MT4, MT5, Exness Terminal, Exness Trader app
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
The broker accepts Cameroon clients and has an average spread of 0.0 pips with commissions from $0.1 per lot, per side. Exness has an unlimited maximum leverage ratio and there is a demo and Islamic account available. MT4, MT5, and Exness platforms are supported. They are headquartered in Cyprus and regulated by FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, and FCA.
Exness is the brand name of a worldwide brokerage business that operates out of two major offices in Seychelles and is a member of the Cyprus Brokers Association.
The brokers’ divisional structure enables worldwide clients to benefit from personalized financial services and investment solutions, while the global brand opens a wide range of opportunities for retail and principally corporate solutions or collaborations, as well as corporate alliances.
The EU-based corporation in Cyprus provides fully regulated services to members across the European Economic Area (EEA) and the rest of the globe.
Furthermore, Exness expanded its worldwide reach by establishing a subsidiary in the United Kingdom, Exness UK Ltd, which is likewise appropriately and completely regulated as well.
They have won numerous awards as a retail broker because they provide stable and reliable brokerage services and a comfortable trading environment tailored to the needs of the most demanding traders.
Distribution of Traders
The broker currently has the largest market share in these countries:
India – 40.97%
Thailand – 25.24%
Japan – 5.11%
Nigeria – 3.61%
Egypt – 2.54%
Popularity among traders
Exness is one of the Top 10 forex and CFD brokers for Cameroonian traders.
What distinguishes Exness from other brokers?
They distinguish themselves with a commitment to transparency, low spreads, and excellent trading conditions. The broker caters to both beginners and experienced traders, providing a seamless trading experience.
What is Exness?
Exness is a prominent online forex broker recognized for offering a user-friendly trading platform and a diverse range of financial instruments, including forex, commodities, cryptocurrencies, and indices.
At a Glance
| 🏛️ Headquartered | Cyprus |
| 🏛️ Local office in Yaoundé? | No |
| 👍 Accepts Cameroonian Traders? | Yes |
| 📅 Year Founded | 2008 |
| 📱 Cameroonian Office Contact Number | None |
| ⚖️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 🔎License Number | Seychelles – SD025 Curaçao – 0003LSI British Virgin Islands – SIBA/L/20/1133 Mauritius – GB20025294 South Africa – FSP 51024 Cyprus – 178/12 United Kingdom – 730729 Kenya – 162 (Tadenex Limited) |
| ⚖️ BEAC Regulation | None |
| ✴️ Regional Restrictions | USA, American Samoa, Baker Island, Guam, Howland Island, Kingman Reef, Marshall Islands, Northern Mariana Islands, Puerto Rico, Midway Islands, Wake Island, Palmyra Atoll, Jarvis Island, Johnston Atoll, Navassa Island, Martinique, US Virgin Islands, and the United States Minor Outlying Islands, Canada, Curaçao, Cuba, Sint Maarten, Falkland Islands, Uruguay, Australia, New Zealand, Vanuatu, North Korea, Malaysia, Singapore, Aland Islands, Andorra, Austria, Belarus, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Italy, Ireland, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Norway, Netherlands, Poland, Portugal, Romania, Russia, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Vatican City, Seychelles, Sudan, South Sudan, Réunion, Iraq, Iran, Israel, Syria, Yemen, Palestinian Territory |
| ☪️ Islamic Account | Yes |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 5 |
| 🚀 Offers a XAF Account? | No |
| 💻 Dedicated Cameroonian Account Manager? | No |
| 📈 Maximum Leverage | Unlimited |
| 📈 Leverage Restrictions for Cameroon? | Yes, according to the account balance |
| 💳 Minimum Deposit | 10 USD / 5,983 XAF |
| 💳 XAF Deposits Allowed? | Yes |
| 💰 Active Cameroonian Trader Stats | Unknown |
| 👥 Active Exness customers | 365,000+ |
| 💰 Cameroon Daily Forex Turnover | $5 trillion+ (Overall Forex Globally) |
| 💳 Deposit and Withdrawal Options | BinancePay Bitcoin Debit Card Credit Card Internet Banking Skrill Neteller Perfect Money SticPay USD Coin (ERC20) USD Coin (TRC20) Tether (USDT ERC20) Tether (USDT TRC20) WebMoney Mybux Ozow SnapScan |
| 💰 Segregated Accounts in Cameroon | No |
| 💻 Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Terminal Exness Trader app |
| 💰 Tradable Assets | Forex Metals Crypto Energies Indices Stocks |
| 🌐 Exness USD/XAF Forex Pair? | No |
| 📈 Offers Cameroonian Stocks and CFDs | No |
| 👨💼 Languages supported on Website | English, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/7 |
| 👥 Cameroon-based customer support? | No |
| 💰 Bonuses and Promotions for Cameroonians | No |
| ✴️ Education for Cameroonian beginners | Yes |
| 📊 Proprietary trading software | Yes |
| 💰 Most Successful Cameroonian Trader | Unknown |
| ✔️ Is Exness a safe broker for Cameroonian? | Yes |
| ✔️ Rating for Exness in Cameroon | 9/10 |
| ✔️ Trust score for Exness in Cameroon | 97% |
| 🎉 Open an account | Open Account |
Regulation and Safety of Funds
The broker is not currently regulated by the Bank of Central African States (BEAC). However, they are well-regulated by several reputable market regulators in other countries.
Security while Trading
Exness is recognised for its commitment to security and transparency in trading operations. It is a multi-regulated broker with stringent oversight, enhancing the trust and reliability of traders worldwide.
This includes financial audits by the prestigious ‘Big Four’ accountancy firm, Deloitte, ensuring additional financial security and transparency.
The broker also implements advanced security protocols to protect traders’ sensitive data. Instant withdrawals are processed through numerous trusted payment processors, ensuring the safety of transactional data.
Moreover, the broker offers negative balance protection, meaning traders can never lose more than their deposits, which is a critical safety net in volatile trading scenarios.
Does Exness’ regulation expire?
No, their regulations do not expire. However, regulations of any broker can change, be suspended, or even revoked according to specific circumstances, especially when the broker no longer meets the criteria for a specific license.
What is Exness’ trust score?
They have a trust score of 97%.
Awards and Recognition
The broker has received numerous awards acknowledging various aspects of its competitive trading environment, further reinforcing its credibility and recognition in the industry. Here are some of the recent awards Exness has received:
Best Customer Support Award at Financial Markets Expo Cairo 2021.
Premium Loyalty Program Award at Financial Markets Expo Cairo 2021.
Most Innovative Broker at Dubai Expo 2021.
Most People-Centric Broker at Traders Summit 2022.
Global Broker of the Year at Traders Summit 2022.
Has Exness received any awards for its services?
Yes, the broker has been recognized with several industry awards for its excellence in online trading.
What types of awards has Exness won?
The broker has received awards in categories such as “Best Forex Broker” and “Excellence in Trading Execution,” showcasing its achievements and leadership in the financial industry.
Exness Account Types and Features
Standard Account
The Standard Account offered by the broker is ideal for casual traders seeking a straightforward and commission-free trading experience. This basic account caters to a wide range of traders, while spreads are marked up rather than charged through commissions.
💰 Minimum Deposit Requirement 10 USD / 5,983 XAF
💵 Base Account Currency Options AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, KES, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
📈 Maximum Leverage Unlimited
📊 Spreads Variable, from 0.3 pips
📱 Instruments Available Forex major pairs
Minor currency pairs
Exotic Forex pairs
Energies
Cryptocurrencies
Stocks
Indices
💳 Commissions on trades None
✴️ Margin Call / Stop-out 60% / 0%
💸 Order Execution Market
✔️ Islamic Account Yes
🎉 Open An Account Open Account
Standard Cent Account
The Cent Account is specifically designed for beginner traders with limited financial resources. With a low entry point of just 6,100 XAF ($10), this account allows novices to start trading immediately.
The Standard Cent MT4 account offers a smaller minimum transaction size, enabling traders to explore their trading ideas with lower initial investments. Notably, the Cent account offers infinite leverage, providing traders with unlimited leverage opportunities.
| 💰 Minimum Deposit Requirement | 10 USD / 5,983 XAF |
| 💵 Base Account Currency Options | USC, EUC, GBC, CHC, AUC, CAC |
| 📈 Maximum Leverage | Unlimited |
| 📊 Spreads | Variable, from 0.3 pips |
| 📱 Instruments Available | Forex Metals |
| 💳 Commissions on trades | None |
| ✴️ Margin Call / Stop-out | 60% / 0% |
| 💸 Order Execution | Market |
| ✔️ Islamic Account | Yes |
| 🎉 Open An Account | Open Account |
Raw Spread Account
Traders focused on scalping, day trading, or algorithmic trading will find the Competitive Spreads Account tailored to their needs. This account ensures competitive and tight spreads, enabling traders to execute their strategies efficiently and capitalise on short-term trading opportunities.
| 💰 Minimum Deposit Requirement | 500 USD / 300,845 XAF |
| 💵 Base Account Currency Options | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
| 📈 Maximum Leverage | Unlimited |
| 📊 Spreads | Variable, from 0.0 pips |
| 📱 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
| 💳 Commissions on trades | Up to $3.5 per side, per lot |
| ✴️ Margin Call / Stop-out | 30% / 0% |
| 💸 Order Execution | Market |
| ✔️ Islamic Account | Yes |
| 🎉 Open An Account | Open Account |
Zero Account
The Zero Account is characterised by a no requote policy, enhancing trading reliability. Compared to similar accounts other brokers offer, the Zero Account stands out with its highly competitive charges and spreads.
Traders who prioritise tight spreads and minimal slippage will appreciate the advantageous trading conditions of the Zero Account.
| 💰 Minimum Deposit Requirement | 500 USD / 300,845 XAF |
| 💵 Base Account Currency Options | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
| 📈 Maximum Leverage | Unlimited |
| 📊 Spreads | Variable, from 0.0 pips |
| 📱 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
| 💳 Commissions on trades | From $0.1 per side, per lot |
| ✴️ Margin Call / Stop-out | 30% / 0% |
| 💸 Order Execution | Market |
| ✔️ Islamic Account | Yes |
| 🎉 Open An Account | Open Account |
Pro Account
Geared towards experienced traders with a solid understanding of the financial markets, the Professional Account provides tailored trading conditions and perks to gain a competitive edge.
This account is designed to meet the specific needs of professionals, empowering them to execute sophisticated trading strategies and outperform their competitors.
| 💰 Minimum Deposit Requirement | 500 USD / 300,845 XAF |
| 💵 Base Account Currency Options | AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR |
| 📈 Maximum Leverage | Unlimited |
| 📊 Spreads | Variable, from 0.1 pips |
| 📱 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
| 💳 Commissions on trades | None |
| ✴️ Margin Call / Stop-out | 30% / 0% |
| 💸 Order Execution | Instant Execution on Forex currency pairs, metals, energies, stocks, and indices and market execution on cryptocurrencies |
| ✔️ Islamic Account | Yes |
| 🎉 Open An Account | Open Account |
Demo Account
The Demo Account is an invaluable tool for traders to practice and familiarise themselves with trading concepts before engaging in real trading.
Upon registering a Personal Area, a default demo account with USD 10,000 virtual currency is created in the “Demo” tab of “My Accounts.” Creating multiple demo accounts is also effortless, thanks to a user-friendly process.
This feature allows traders to explore different strategies, test new techniques, and gain confidence in their trading abilities without risking real funds. The Demo Account offers a risk-free environment to sharpen trading skills and prepare for live trading.
Islamic Account
The broker offers swap-free trading accounts for residents of Islamic countries who adhere to Sharia law. With swap-free status, no swap is credited or withdrawn from the trading account.
This feature applies to various account types, including Pro, Raw Spread, Zero, Standard Cent, and Standard accounts.
There are two levels of swap-free status: Standard Swap-free and Extended Swap-free. Standard Swap-free exempts overnight swap charges for cryptocurrencies and stocks, while Extended Swap-free extends this exemption to additional symbols.
However, it is important to note that swap charges may still apply to other instruments. The broker monitors trading activity and reserves the right to cancel swap-free status if it is found to be misused.
What types of trading accounts are offered?
The broker provides a range of account types to suit different trader preferences, including Standard, Pro, and Raw Spread accounts.
What features distinguish the accounts?
The accounts offer competitive spreads, flexible leverage options, and a user-friendly interface. Traders can benefit from advanced trading tools and enjoy a seamless trading experience with these innovative features.
Overall Rating
- 4.9/5
Min Deposit
10 USD / 5,983 XAF
Regulators
FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
Trading Desk
MT4, MT5, Exness Terminal, Exness Trader app
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to open an Account
To register an account, Cameroonian traders can follow these easy steps:
Step 1 – Click on the register button.
Visit the Exness website and click the “Open an Account” or “Register” button.
Step 2 – Fill out the form.
Fill in the required personal information, such as your name, email address, and phone number.
Step 3 – Choose an account type.
Select the account type that suits your trading needs.
Step 4 – Choose a base currency.
Choose the base currency for your account from the available options.
Step 5 – Complete registration.
Complete the verification process by providing the necessary documents to verify your identity and address.
Exness Vs easyMarkets Vs Global GT – Broker Comparison
| Exness | easyMarkets | Global GT | |
| ⚖️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA | BVI FSC, CySEC, ASIC, FSA | FSCA, FSA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | easyMarkets Platform MetaTrader 4 MetaTrader 5 TradingView | MetaTrader 5 |
| 💰 Withdrawal Fee | No | No | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 10 USD / 5,983 XAF | 25 USD / 15,076 XAF | 5 USD / 3,008 XAF |
| 📈 Leverage | Unlimited | 1:2000 | 1:1000 |
| 📊 Spread | Variable, from 0.0 pips | 0.5 pips | From 0.0 pips |
| 💰 Commissions | From $0.1 per side per lot | None, only the spread | $10 |
| ✴️ Margin Call/Stop-Out | 60%/0% | 70%/30% | 80%/50% |
| ✴️ Order Execution | Market | Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | Yes | No | Yes |
| 📈 Account Types | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account | Web/App VIP Web/App Premium Web/App Standard MT4 VIP MT4 Premium MT4 Standard MT5 | Cent Account Mini Account Standard FX Account Standard+ Account Pro Account ECN Account |
| ⚖️ BEAC Regulation | No | No | No |
| 💳 XAF Deposits | Yes | Yes | No |
| 📊 XAF Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/7 |
| 📊 Retail Investor Accounts | 5 | 7 | 5 |
| ☪️ Islamic Account | Yes | Yes | No, all accounts are Sharia-compliant |
| 👉 Open an account | Open Account | Open Account | Open Account |
Trading Platforms
MetaTrader 4
MetaTrader 5
Exness Web Terminal
Exness Trader App
MT4 and MT5
The broker provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are highly regarded in the industry and offer various advanced features and tools.
Traders can access various timeframes, utilise numerous technical indicators, and analyse charts for comprehensive market analysis. With the MT4 and MT5 platforms, traders can customise their trading strategies, implement automated trading systems, and access a large community of traders.
Web Terminal
The broker also offers its in-house trading platform called WebTerminal. This platform is designed to be user-friendly, particularly for beginner traders. It provides a clean and intuitive interface, making navigation and instrument search simple.
The Terminal features TradingView charts, a wide range of indicators, and drawing tools, allowing traders to analyse the markets effectively. Traders can set stop levels based on percentage, account currency, or price, enhancing convenience and ease of use.
Trader App
The Trader App is a mobile trading application offered by the broker. It provides a seamless and user-friendly trading experience on the go. The app features a sophisticated dashboard and an intuitive home screen, making it easy for traders to navigate and access essential features.
One notable feature of the Trader App is viewing curated trading signals for each instrument. TradingView, a renowned platform for market analysis, provides these signals.
This integration lets traders stay updated with market trends and receive valuable insights directly within the app. It enhances convenience and enables traders to make more informed trading decisions.
What trading platforms are available?
The broker offers the MT4 and MT5 platforms, providing traders with powerful tools, advanced charting capabilities, and a user-friendly interface for effective trading.
Does Exness support mobile trading?
Yes, the broker’s mobile app is compatible with both Android and iOS devices, allowing users to trade seamlessly from their smartphones or tablets.
Range of Markets
Cameroonian traders can expect the following range of markets:
Forex
Metals
Cryptocurrencies
Energies
Precious Metals
Stocks
Indices
What financial instruments can I trade?
There is a diverse range of markets offered, allowing traders to engage in forex trading with major, minor, and exotic currency pairs.
Does Exness provide access to cryptocurrency trading?
Yes, the broker allows traders to access and trade popular cryptocurrencies like Bitcoin, Ethereum, and others.
Broker Comparison for Range of Markets
| Exness | easyMarkets | Global GT | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | No | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | No | Yes | Yes |
| ➡️️ Options | No | Yes | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | No | Yes |
Overall Rating
- 4.9/5
Min Deposit
10 USD / 5,983 XAF
Regulators
FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
Trading Desk
MT4, MT5, Exness Terminal, Exness Trader app
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Exness Trading and Non-Trading Fees
Spreads
The spreads are tailored to Cameroonian investors’ unique requirements and trading techniques. The spreads levied will vary based on the account type selected, as each account is designed to accommodate a variety of traders.
Commissions
Some accounts have a fixed rate commission to ensure the broker is compensated for the services in arranging the transaction. In this situation, commissions are levied on the following accounts:
Raw Spread Account – Up to $3.50 per side, per lot
Zero Account – From $0.1 per side, per lot
Overnight Fees, Rollovers, or Swaps
Traders who hold positions overnight should expect to incur charges that vary depending on several factors, including the financial instrument held, the length of time kept, the size of the position, and the current interbank rates.
Deposit and Withdrawal Fees
The broker does not charge Cameroonian traders any deposit or withdrawal fees.
Inactivity Fees
Dormant accounts are not charged an inactivity fee.
Currency Conversion Fees
When Cameroonian traders deposit or withdraw funds in XAF, they could face currency conversion funds.
What are the trading fees?
The broker has built a reputation for its competitive and transparent fee structure. The trading fees primarily consist of spreads, that can vary based on factors such as the chosen account type.
Are there non-trading fees?
The broker is committed to transparency, and non-trading fees, such as deposit and withdrawal charges, are clearly outlined on the platform.
Exness Deposits and Withdrawals
The broker offers Cameroonian traders the following deposit and withdrawal methods:
BinancePay
Bitcoin
Debit Card
Credit Card
Internet Banking
Skrill
Neteller
Perfect Money
SticPay
USD Coin (ERC20)
USD Coin (TRC20)
Tether (USDT ERC20)
Tether (USDT TRC20)
WebMoney
Mybux
Ozow
SnapScan
How long do Deposits take?
Deposits can be instant or take a few days, depending on when the deposit is made and which payment method is used. Typically, electronic payment methods and credit/debit cards are quick, while conventional bank transfers could take a day or two.
How long do Withdrawals take?
It can take a few minutes or a few days. The broker is known for its efficient and swift withdrawal processes.
How to Deposit Funds
To deposit funds to an account, Cameroonian traders can follow these steps:
Step 1 – Log into your account.
Log into your Exness Personal Area.
Step 2 – Go to the deposit section.
Navigate to the “Deposit” section.
Step 3 – Choose a trading account.
Choose the trading account you wish to deposit funds into from the drop-down menu.
Step 4 – Select a deposit method.
Select your preferred deposit method. The broker supports a variety of payment methods, including bank wire transfers, credit/debit cards, and several e-wallet services.
Fund Withdrawal Process
To withdraw funds from an account, Cameroonian traders can follow these steps:
Step 1 – Log into your personal area.
Enter your account credentials to access your Personal Area.
Step 2 – Go to the withdrawal section.
Within your Personal Area, locate and select the “Withdrawal” section.
Step 3 – Choose an account type.
Select the trading account from which you want to withdraw funds.
Step 4 – Select a withdrawal method.
Choose your desired withdrawal method from the list of possibilities. Exness strives to process withdrawals in the same way that deposits are processed whenever possible.
Education and Research
The broker offers the following Educational Materials to Cameroonian traders:
Exness Academy
Webinars
Educational Videos
Articles
The broker also offers Cameroonian traders the following additional Research and Trading Tools:
Analytical Tools
Trader’s Calculator
Economic Calendar
Currency Converter
Tick History
Trading Central WebTV
What educational resources does Exness offer?
The broker provides a comprehensive range of educational materials, including tutorials, articles, and webinars, designed to enhance the knowledge and skills of traders, whether they are beginners or experienced.
How does Exness support research in trading?
The broker fosters research in trading by offering access to market analysis, real-time updates, and expert insights. This commitment ensures that traders stay informed and make well-informed decisions in their trading activities.
Bonuses and Promotions
Exness does not currently have bonuses or promotions advertised on the official website.
Affiliate Program Features
The following are some of the Affiliate Program Features that traders can expect:
Competitive Commission Rates: The broker offers competitive commission rates for its affiliates. The exact rate depends on the trading volume of the clients you refer.
Timely Pay-outs: As an affiliate, you can expect timely pay-outs of your commissions.
Marketing Tools: They provide various marketing tools to help you promote their services. This includes promotional banners, landing pages, and tracking links.
Detailed Reports: You’ll have access to detailed reports about your referrals’ trading activity and your earned commissions. This helps you track your performance and optimise your marketing strategies.
Dedicated Support: The broker provides dedicated support to its affiliates. You can contact their affiliate support team with questions or need assistance.
What features does the Affiliate Program offer?
The Affiliate Program provides a range of features, including personalized tracking links, real-time performance analytics, and customizable marketing tools, empowering affiliates to optimize their outreach and maximize earnings.
How does the Affiliate Program support its members?
The Affiliate Program supports members with dedicated account managers, timely payouts, and a robust reporting system. This ensures affiliates have the resources and information needed to succeed in their partnership with Exness.
How to open an Affiliate Account
To register an Affiliate Account, Cameroonians can follow these steps:
Step 1 – Go to the affiliate section.
Go to the Exness website and navigate to the Affiliate section.
Step 2 – Click on the affiliate option.
Click on the “Become an Affiliate” button. You’ll be directed to a registration form.
Step 3 – Fill out the form.
Enter your details, such as your full name, email address, and phone number.
Customer Support
| ⏰ Operating Hours | 24/7 |
| 👥 Support Languages | Multilingual |
| 💬 Live Chat | Yes |
| 💻 Email Address | [email protected] |
| 📱 Telephonic Support | Yes |
| ✔️ The overall quality of Admirals Support | 5/5 |
How can I reach Exness customer support?
The broker provides customer support through various channels, including live chat, email, and phone.
Is Exness customer support available 24/5?
Yes, they provide customer support 24 hours a day, five days a week.
Corporate Social Responsibility
Exness, a global financial services provider specialising in online trading, demonstrates its commitment to social responsibility through various CSR initiatives.
With a strong dedication to making a positive impact, the broker actively engages in various projects that benefit the community. Here are some examples of Exness’ CSR efforts:
Education Support: The broker supports academic pursuits by funding programs and initiatives, including scholarships and financial aid for higher education institutions. By investing in education, they aim to empower individuals and contribute to the development of future generations.
Environmental Sustainability: The broker recognises the importance of ecological responsibility and strives to reduce its carbon footprint. The company promotes the use of renewable energy sources and advocates for the purchase of environmentally friendly products. By prioritising sustainability, they aim to contribute to a greener future.
Community Engagement: They actively give back to the community through financial contributions and in-kind services. The company supports various local non-profit organisations, addressing various social and humanitarian issues. Through these initiatives, the broker aims to make a positive difference in the lives of those in need.
Inclusivity and Diversity: They are committed to fostering an inclusive and welcoming work environment for all employees. Internally, the company implements programs that promote diversity, equality, and employee well-being. Externally, the broker extends its inclusivity efforts to the communities in which it operates, aiming to create a positive impact beyond its organisational boundaries.
These CSR projects demonstrate Exness’ dedication to social responsibility and its desire to contribute to the betterment of society. Through these initiatives, the broker strives to make a positive difference in education, environmental sustainability, community support, and inclusivity.
Does Exness engage in CSR initiatives?
Yes, the broker is committed to corporate social responsibility and actively participates in various initiatives focused on community development, sustainability, and social welfare.
What CSR practices does Exness follow?
The broker follows CSR practices that prioritize ethical business conduct, environmental sustainability, and community engagement. They aim to make a positive impact beyond their core business operations.
Verdict
Overall Exness is a global financial services provider that offers a range of trading options and features for traders worldwide. The company has established a strong reputation in the industry, with over 12 years of experience and multiple regulatory licenses.
10 Best Forex Brokers in Cameroon
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Min Deposit
Official Site
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Leverage at Exness ranges from a minimum of 1:2 to a maximum of unlimited leverage, depending on the geographic jurisdiction of traders and the asset. | They do not offer an XAF-denominated account for Cameroonian traders. |
| The broker offers instant withdrawals from a trusted broker with numerous payment processors. | Unlimited leverage can be extremely dangerous. |
| They provide high transparency and financial audits by Big Four Accountancy Deloitte. | While the broker offers a variety of markets that can be traded, a limited number of financial instruments are still available. |
| Exness has maintained a tick data archive since 2015, which can be valuable for backtesting strategies. | |
| The broker provides a wide choice of trading accounts with different approaches to charging commissions for both novices and professionals. | |
| They provide excellent 24/7 multilingual customer service. | |
| The broker offers some of the lowest commissions in the forex market. |
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Frequently Asked Questions
Is Exness Safe or a Scam?
They are a reputable financial services provider with multiple regulatory licenses, including licenses from the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and Financial Sector Conduct Authority (FSCA).
How do I withdraw funds from my account?
To withdraw funds, log into your Area, select the withdrawal option, choose the trading account, select your preferred withdrawal method, enter the amount, and confirm the withdrawal.
Does Exness offer a demo account?
Yes, the broker offers a demo account with $10,000 in virtual funds that traders can use to practice trading strategies and familiarise themselves with the trading platform.
What is the minimum deposit at Exness?
The minimum deposit varies based on the account type. For the Standard account, the minimum deposit is $10.
Is Exness regulated?
Yes, they are regulated by several authorities, including the FCA, CySEC, FSC, FSA, FSC BVI, CMA, and FSCA.
These regulatory bodies oversee and supervise Exness’ operations to ensure compliance with industry regulations, safeguard client funds, and maintain transparency and fairness in trading activities.
How long does it take to withdraw from Exness?
The processing time for withdrawals can vary depending on the withdrawal method. E-wallet withdrawals are often processed instantly, while bank wire transfers may take several business days.
Does Exness have Nasdaq 100?
Yes, the broker offers trading on the Nasdaq 100 index, allowing traders to participate in the performance of the top 100 non-financial companies listed on the Nasdaq stock exchange.
What trading platforms does Exness offer?
They offer several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and their proprietary Exness Trading Terminal and App.
