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News Exness

Exness
up to 32% of spread
Partner ID: chboc20nbz
Exness is one of the few brokers that managed to reach $180B in client trading volume by 2014, being founded in 2008. By 2018, the volume has amounted to $346B. Regulated by CySEC, FCA (UK), FSA (Seychelles). Exness is also audited by such giants as Advanced Business Solutions (ABS) and Deloitte. Its liquidity providers are Hotspot and CFH. In their reviews, Exness traders highlight high-speed execution, bug-free platform, and a rather simple verification process. Beginners may get quite interested in cent accounts with no minimum deposit. Exness customer support is very responsive when it comes to any complaints or negative reviews.
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Exness strengthens Financial Sector Conduct Authority (FSCA) regulatory status with Over-the-Counter Derivative Provider (ODP) license acquisition

Exness (https://apo-opa.co/3LKDl87), one of the largest multi-asset retail brokers in the world, has announced that it has reached yet another significant regulatory milestone. The Financial Sector Conduct Authority (FSCA) has granted the company an ‘Over-the-Counter Derivative Provider’ (ODP) license in South Africa, broadening its license portfolio.

This achievement underscores Exness’ dedication to client security, high regulatory standards, and transparency within the South African market.

The ODP license mandates stringent risk management protocols, and reporting standards, providing clients with an extra layer of protection in the trading environment. This enhanced regulatory status further reinforces Exness’ position as a trusted broker for local traders.

Paul Margarites, Exness Regional Commercial Director, said, “The ODP license acquisition signifies a significant stepping stone for Exness in South Africa. Our promise to provide a frictionless trading experience doesn’t stop at trading conditions and a seamless client journey but extends to robust safety and security measures that put our clients first. In today’s online trading landscape adherence to the FSCA’s stringent standards ensures that our South African clients have an extra layer of peace of mind when trading with Exness.”

Exness uses technology and ethics to raise the industry benchmark and create favourable conditions for traders. It offers clients a frictionless trading experience through its superior proprietary platform and unique market protections, allowing traders to experience how the markets should be.

Distributed by APO Group on behalf of Exness.

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Exness Takes Home Five Awards at The Cyprus Responsible Business Awards 2024

In recognition of its commitment to corporate social responsibility (CSR) and dedication to creating a better future for the communities in which it operates, Exness, one of the world's largest multi-asset brokers, was awarded no less than five awards at the Cyprus Responsible Business Awards (RBA) 2024, held in Larnaca on 9 July 2024.

This awards ceremony recognizes companies for their positive social and environmental impact in Cyprus, and Exness’ impactful initiatives were identified in multiple categories:

Environment - Firefighting initiatives, Gold award: Exness' comprehensive wildfire prevention and response program earned top honors. This initiative included donating firefighting vehicles, collaborating with the Department of Forests and local organizations on reforestation efforts, and partnering with the Cyprus Institute of Technology to develop custom drones to help the Department of Forests in early fire detection, tailored explicitly to the Cypriot terrain.

Public-Private Partnership, Gold award: Exness was commended for its successful collaboration with government agencies and local organizations to tackle critical environmental challenges related to wildfires. This partnership increased the firefighting capacity for the Department of Forests and the development of innovative drones for early fire detection.

Long-term investment, Silver award: Exness was recognized for its enduring dedication to environmental conservation and community development. Beyond immediate response efforts, the company has fostered an ongoing relationship with the Department of Forests to ensure sustained support for firefighting and environmental initiatives. Exness also contributed substantially to Cyprus' healthcare initiatives, including providing medical equipment during the COVID-19 pandemic.

Corporate volunteering, Bronze award: Exness' employee volunteering program, which empowers staff to engage in initiatives across education, environment, and health, was acknowledged for fostering a culture of giving back to the community.

Education/scholarships: The Exness Fintech Scholarships program received a gold award for providing financial aid and educational opportunities to promising students in the science, technology, engineering, and mathematics (STEM) fields, helping to nurture future talent in Cyprus.

Maria Christophide, Exness CSR Project Manager, expressed, "These awards are a true reflection of our passion for making a real difference in both our environment and our community. This moment belongs just as much to our incredible Exness volunteers, the brilliant students supported by the Exness Fintech Scholarship, and the amazing people at the Cyprus Institute of Technology and the Department of Forests. Their dedication inspires us every day. This award isn't just an honor, it's fuel to do even more, creating a brighter future for everyone."

Exness' outstanding performance at the RBA 2024 sets a new benchmark for corporate social responsibility in the fintech industry.

Exness attributes its success to leveraging technology to offer clients an ethical and frictionless trading experience. Beyond its business achievements, the company has a comprehensive CSR vision, showcasing its dedication to creating a positive impact within the communities it operates. 

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Double Honours at FMAS 2024 for Leading Broker Exness

Exness, one of the world’s largest brokers, has secured the significant title of Best Multi-Asset Broker and Most Trusted Broker in Africa at the Finance Magnates Africa Summit (FMAS) 2024. Exness’s leadership in the African financial sector has grown in influence, and this award highlight its commitment to client-centricity and exceptional trading solutions.

Exness acted as the summits partner, and showcased its recent rebrand alongside its dedication to a frictionless trading experience powered by cutting-edge technology. Its advanced products resonated strongly with attendees.

Paul Margarites, Regional Commercial Director at Exness, stated:

These awards stand as a powerful validation of our focus on empowering traders with the best possible experience and superior trading conditions. Africa represents a critical growth market for us, and this recognition underscores our commitment to the region and our alignment with the core values enshrined in our recent rebrand – ethics and technology.

Exness also orchestrated discussions centred around industry progression. In his presentation “Gold, South African Rand, and the 2024 Outlook”, Terence Hove, a Senior Financial Markets Strategist at Exness, offered a comprehensive understanding of economic and political development and its impact on key assets.

COVID-19 update

Update regarding our services: Please note that we have an arrangement in place for all incoming and outgoing post should you wish to contact us via this method. There is no change to any of our regular communicational services should you wish to contact us. Exness continues with business as usual.

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Exness Focuses On B2B

Exness continually reviews the markets in which it operates to ensure where we do business is in alignment with our strategy.

In light of an internal business decision to focus on other markets and grow our B2B operations, we have decided to close retail business in EU/EEA including the UK. As a company which values all of our clients, we realise this may be disappointing and we apologise for any inconvenience.

If you are interested in speaking to us about our B2B offering, please email [email protected].