Read our Exinity Review and Learn More About a Forex Broker who Offers An Attractive Trading Experience

Being in the business for more than 20 years actively, Exinity Forex broker has become one of the leading operators in the financial industry. The brokerage company primarily focuses on citizens of the Middle East. Throughout its existence, the broker has been in partnership with other financial services providers. Exinity is also one of the leaders when it comes to fintech innovations and unique aspects of trading. The broker tries to create favorable conditions and an attractive atmosphere for customers. In our Exinity review, we will further talk about the main advantages of the brokers, as well as features that are offered to customers.

License/regulation

Is Exinity legit? This is a question that would interest a lot of traders who want to sign up with the broker. Indeed, the latter is authorized and regulated by the FSRA, which is one of the main regulators in the Forex industry. The broker has all the necessary qualifications to be eligible for trading. Its services are reliable and trustworthy. In addition to being a licensed brokerage company, Exinity also has negative balance protection. To store customers’ funds safely, segregated Clients Money accounts are introduced, that ensure the money is kept in a secure place.

Platform

There are 2 major platforms available on the website for trading, both of which enjoy massive popularity among traders: MetaTrader 4 and MetaTrader 5. MetaTrader 4 is an optimized platform for currency trading and includes a powerful charting system, which will aid traders throughout the process. Customizable layouts and the possibility of automated trading strategies is also noteworthy. MetaTrader 5 is designed to help customers to trade with great flexibility. You can access a wide range of order types and at the same time, economic calendar and market news are integrated within the platform.

Unfortunately, there is no mobile trading platform, but for sure Exinity will also introduce this innovation in the future.

Assets

On Exinity you can trade the following assets: FX, metals, energies, indices, US stocks, stock CFDs. We should point out that at the moment there is no crypto trading available. Stocks are traded 8 hours during the day and all other assets are traded from Sunday night to Friday evening. The diversity of trading instruments is necessary so that customers can have freedom of choice. Different markets have advantages and disadvantages so it’s completely up to a trader which one to choose.

Accounts

On Exinity there is only one type of trading account which is a professional account. It is also called Exinity Trader Pro and has numerous advantages. First of all, they are all swap-free and you are offered commission-free trading. The account offers competitive spreads and flexible leverage. It is possible to open an account in USD or AED. However, before you open an account make sure that you meet the requirements that are indicated on the website. You need to have relevant qualifications and employment to apply for the account. Otherwise, your request will be rejected.

Bonus

There is no available bonus at the present time on Exinity. No VIP program is present for loyal customers as well. Bonuses ensure that more clients come to the broker’s website. While there is no bonus for new customers. You can use other features and unique aspects of the broker.

Extra features (e.g. educational material)

As for extra features, there is a broad array of offers on the website, including educational material. There are online webinars available on the website and workshops, where you can register and listen to research analysts as well as experts who have notable experience in finances. The broker offers a separate blog, where articles can be found, containing analysis of markets and useful information that will help traders to increase their knowledge and expertise in trading. It is completely free to use the blog.

As for workshops, you need to fill out an application. The information is usually available on the website.

Deposit/withdrawal

At the present moment, you can only use bank transfers for deposits and withdrawals. Depending on your location and other factors it could take 3-5 days before your request for deposit/withdrawal is approved. The minimum deposit for opening the account is $10,000. There are no limitations on the minimum account you can withdraw from the broker’s website. The same can be said about maximum withdrawal. Payment methods are secure on Exinity and your money is stored in safe hands.

Support

Without decent customer support and service, it is impossible to talk about the broker, because friendly customer support defines a lot both for the broker itself and customers. Exinity has several methods for contacting on the website: mobile phone, e-mail, and of course a live chat. The number is available at the bottom of the website, as well as email. As for a live chat, it is present at the bottom right corner of the website. First, you need to indicate your name, then language, and a message containing your question. Normally Exinity tries to get back to clients within several hours, but for sure you will get an answer within 24 hours.

Verdict

Based on the information above and various features of the broker we need to come to the conclusion of our Exinity review – can this broker be trusted? First of all, the broker’s activity for more than 2 decades proves that it is a completely legit operator that has a lot of customers already. Secondly, the broker is licensed and authorized by the FSRA, which is a prominent regulator in the financial industry. While there are no bonuses, other features and educational material make up for the absence of promotions. Overall, we would definitely recommend this broker to every person engaged in trading.

FAQ

Which currencies are available on Exinity?

Currently, it is possible to open a new account in 2 different currencies: USD and AED. As soon as you fill out a form to sign up on the website, you will be able to choose a preferred currency and start trading.

Does Exinity have a mobile app?

No, Exinity does not have a mobile app that can be downloaded on iOS and Android devices. However, you can still use the mobile version of the website via different browsers and access all features.