EXNESS, the New Zealand-registered Forex broker, is obviously racing for the title of the most active company this month. Only a day after the broker announced a series of improvements to trading conditions on all of accounts, including cuts in deposit requirements and leverage hikes, a new announcement was made by the company today: it's launching a WebTrader platform for Forex trading.
As you have perhaps guessed, the new platform is actually a browser-based version of the popular
MetaTrader 4 platform, which until this point EXNESS has offered in a version for downloading on your PC only. The company says it opted to launch the web solution in response to numerous requests from clients – and that's normal. By the way, the broker's team claims to have tested the platform on various browsers, including those used by devices based on Windows, Mac OS and Linux. A technical detail is that your computer should support Adobe Flash Player – that's feasible, unless your machine is more than seven years old.
The broker is reaching to a wider clientele with the web-based platform, as it comes in 11 different languages, ranging from English to Russian and Vietnamese. Moreover, the customer support (in a live chat) form is available directly from the trading terminal.
You must be curious on how you'll be able to use the WebTrader. Well, you need an account with EXNESS – choose between Classic, Mini and ECN. As you know, the Mini account now does not specify any minimum deposit now, so you can start with as much money as you consider rational. The leverage is substantial at up to 1:2000 and you can trade with micro lots - the stage is obviously set for different traders – from more ambitious and wealthy ones to newbies who shun big risks.
You can also open a trial (demo) account with the broker, but the nasty part is the verification procedure for which you need to provide not only your e-mail address but also your phone number and then enter codes (and yes, captchas).
EXNESS also says it has created its own application programming interface (API) for creating apps for the platform but I'm not sure whether the products created using this API would be compatible with MT4.
Nevertheless, the move of EXNESS towards a web-based platform deserves some appreciation. The list of Forex brokers with
browser-based platforms is growing, with Cyprus-based
Mayzus being the latest to join this group.
EXNESS promises that trading on the new platform will be officially possible from January 29, 2014.
About EXNESS
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.