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Exness announces unlimited leverage for forex accounts below $1000

Mar 23 2016
By
Forexbrokerz.com

Online forex broker Exness announced today the launch of an exclusive service, Unlimited Leverage. It enables traders to open more positions and bigger lots starting out with just $1 (as this broker requires no minimum initial deposit).

Exness offers leverage up to 1:2000 to its clients by default, which is among the highest on the forex market. Leverage is a kind of virtual loan that traders can get from brokers. It allows investors to operate with higher amounts and to increase their profit. High leverage presents wider trading opportunities, but it also involves higher risk.


As a responsible broker, Exness has set certain requirements for account balances and account holders in order to prevent heavy losses and to ensure that the service is provided to traders with a certain trading skill and experience.


For purposes of high market loss prevention, The Unlimited Leverage promotion applies to accounts with less than $1000. Moreover, in order to benefit from the unlimited leverage offer, traders must have traded at least 10 positions (excluding pending orders) and 5 lots (or 500 Cent lots).


The promotion will start running from Monday 00:00 GMT to Thursday 23:59 GMT and on Friday, 00:00 GMT, leverage will be changed back to 1:2000. This rule applies to both new and open transactions.
"As a leading forex player, we take pride in setting new benchmarks and bringing innovative services to our clients. The launch of Unlimited Leverage is one such step in that direction and we believe that it will set a new pace in the industry," commented Petr Valov, Exness’s CEO.


The EXNESS group is a global ECN broker, consisting of a companies regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Belize International Financial Services Commission (IFSC). The broker is also registered with a number of EU regulatory authorities.

TAGS: exness  unlimited leverage  leverage  forex leverage 

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