de | cn | ru

Brokers News

EXNESS Offers Metal-Currency Accounts to Forex Traders

EXNESS, the global Forex broker, is continuing to surprise us with its desire to suit the widest variety of traders with ingenious products: the company is now offering metal-currency accounts. 
In their essence, metal-currency accounts are investment products that enable traders to earn from diversifying their investment in a trading account. By the way, one of the best parts about this innovation is that there is no minimum requirement for an initial deposit to open such an account. And that does not surprise us given that EXNESS has constantly improved its trading conditions – the latest such move became reality in January 2014, when the broker cut its deposit demands and rose leverage. 
Let's get back to the essence of the accounts: they are investment portfolios, combinations of different currencies and precious metals. Let's look at the four possibilities that EXNESS currently offers:
MBA: bi-currency basket: USD + EUR
MBC: multi-currency basket: USD + EUR + GBP + JPY 
MBB: combined metals basket: Gold + Silver + Palladium + Platinum 
MBD: metal-currency account: the accounts we are talking about in their most complicated version: 
Gold + Silver + Palladium + Platinum + USD + EUR + GBP + JPY 
The deal is relatively straightforward – you put money into your account and then the deposit is converted into MBD, MBA (etc.) units, according to the portfolio you've picked. Your investment will be distributed across various trading instruments. Imagine that you've put money into an MBD account – after some time, the price of the MBD units rises and you can benefit from the difference earned. 
An important note is that the participation of each trading instrument in each portfolio is different, so take a look at this page to get an idea of how your money will be allocated across various investment streams. The returns will vary across portfolios – they are highest for the MBB (the metals basket), with their annual rate estimated to reach 30%. 
The main reason for opening a metal-currency account is protecting one's investments thanks to the diversified portfolio. These accounts are especially profitable in times of economic uncertainty when investors flock to buy Gold. Mots likely conservative traders who expects gains in the longer term would be happy to have such an account, as gains accumulate gradually and stably. 
Other brokers have also sought to offer new products that would fit the increased demand from traders for precious metals. For instance, FXCM Bullion, the Hong Kong-based subsidiary of the US FX broker, is enabling its clients to earn interest of 5% on non-invested funds in accounts for trading Gold and Silver over the counter. 


EXNESS Limited is a Forex broker, listed on New Zealand's Financial Service Provider Register as a financial services provider (No. FSP181164) and is also a member of the Financial Dispute Resolution Service. The company offers services to MetaTrader 4 (MT4) traders. EXNESS prides itself on offering profitability, reliability and convenience to its clients.  Some of the perks of using EXNESS include minimum floating, leverage of up to 1:2000, minimal non-trading risks, flexible deposit and withdrawal options and competent customer support. 
TAGS: exness  exness forex broker  forex accounts  forex trading  metal-currency accounts  precious metals  gold  silver  platinum  palladium  forex investments  new products 

More news about EXNESS

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Brokers News

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

Fortrade is the first broker to get an ASIC license in nearly 2 years

Mar 20 2019 15:03:35

  Fortrade acquired a financial services license from the Australian Securities and Investments Commission (ASIC), which hasn’t been very welcoming of new retail forex broker applicants lately. Read more

FP Markets launches a suite of cutting-edge MT4 tools for traders

Mar 06 2019 14:31:42

  FP Markets, a market-leading Forex and CFD provider, launches MT4 Trader Toolbox, a suite of twelve online trading tools which will take their clients’ trading to the next level. Read more

Major broker IG launched its US website

Jan 31 2019 13:15:37

  Global brokerage IG launched its website intended for US retail clients ( Residents of the US (with the exception of those in Arizona or Ohio) can now register on the broker’s website in less than 5 minutes and start trading. Read more announced important updates to its Web Trading platform

Jan 25 2019 15:13:43

  Major forex brokerage  proudly announced important updates of its in-house Web Trading platform, which will take your trading experience to the next level.   Accessible from all browsers and operating systems, Web Trading was launched in 2017. Read more

HotForex parent gets licensed by UK’s FCA

Jan 21 2019 12:31:59

  Less than a month after HotForex acquired license to operate in the UAE, the trading services provider gets an authorization by the Financial Conduct Authority of the UK. The UK subsidiary of the HF Markets Group, HF Markets (UK) Ltd. Read more

Rakuten Securities offers HK$700 prepaid cards as a welcome gift

Jan 18 2019 10:26:57

  Hong Kong forex broker Rakuten Securities offers up to HK$700 Spending Limit Prepaid Card as a welcome gift to new account registrants. Here are all the details you need to know about the company’s promotional offer, which is valid from now until the end of March 2019. Read more

XM applies for a forex dealer license in the US

Jan 11 2019 13:39:14

  The US subsidiary of major forex brokerage XM has applied for a membership with the National Futures Association (NFA). This became clear from a filing by the broker’s US entity Markets Inc. (previously Trading Point US Inc.) with the NFA dated January 3, 2019. Read more

HotForex acquired DFSA license, commences operations in the UAE

Jan 08 2019 10:45:37

  HotForex is now licensed by the Dubai Financial Services Authority (DFSA) and announced it commences operations in the United Arab Emirates (UAE). The Dubai arm of the HF Markets Group, HF Markets (DIFC) Ltd., acquired the DFSA license in December last year. Read more

de | cn | ru