Exness Go for India
Demo Account Bonus!
-
Get a large virtual account worth $10,000 US dollars. Create your own strategy and try it out without investment!
Overview
Exness Go is a mobile trading application developed by Exness, a regulated global broker. Key features:
- Available for iOS and Android devices
- Real-time market data and charting tools
- Access to forex, stocks, indices, commodities, and cryptocurrencies
- Multi-account management
- Secure encryption protocols
Table: Trading Instruments on Exness Go
| Instrument | Details |
|---|---|
| Forex | Access to major, minor, and exotic currency pairs |
| Stocks | Trade stocks from global markets |
| Indices | Cover major indices like S&P 500, NASDAQ, and more |
| Commodities | Trade commodities like gold, silver, and oil |
| Cryptocurrencies | Access to popular cryptocurrencies like Bitcoin, Ethereum |
Getting Started
- Download and install the app from the respective app store (App Store for iOS, Google Play Store for Android)
- Sign in with your existing Exness account credentials or register for a new trading account directly through the app
- Fund your account using the various payment methods supported by Exness, such as credit/debit cards, bank transfers, or e-wallets
- Customize the interface according to your preferences, set up watchlists, and configure alerts
- Start trading by accessing the wide range of financial instruments available on the platform
Verifying your account through Exness Go is straightforward. Indian users can upload their Aadhaar card and PAN directly through the app. This streamlines the KYC process, allowing you to start trading faster.
Exness Go offers various account types tailored to Indian traders. The Standard Account is popular for its low spreads on rupee pairs, while the Zero Account appeals to high-volume traders with its commission-based structure.
Enable two-factor authentication for an extra layer of security. This is crucial given the rise of cybercrime targeting financial apps in India. Use a separate device for 2FA to maximize protection.
Adjust trading parameters like lot size and leverage directly in the app. Remember, while high leverage can amplify profits, it also increases risk. Start with lower leverage until you’re comfortable with the platform’s nuances.
Analytical Tools in Exness Go
Exness Go brings the power of professional-grade analysis to your fingertips. Indian traders can leverage a suite of tools tailored for the local market. The app features popular technical indicators like Moving Averages and RSI, customized for rupee-based pairs.
Graphical analysis tools allow you to draw trendlines and Fibonacci retracements directly on your smartphone screen. This proves invaluable when tracking key support and resistance levels for Nifty 50 stocks.
The economic calendar highlights events impacting the Indian economy, such as RBI rate decisions. Sentiment indicators offer insights into market positioning on major currency pairs like USD/INR.
Table: Key Analytical Features in Exness Go
Feature | Benefit for Indian Traders |
Rupee-optimized indicators | Precise analysis of local currency pairs |
Mobile-friendly charting | Draw trendlines on-the-go for Nifty 50 stocks |
India-focused economic calendar | Stay informed on RBI decisions and GDP releases |
Sentiment indicators | Gauge market positioning on USD/INR |
Social Trading on Exness Go
Exness Go’s social trading feature opens up new possibilities for Indian investors. Copy trading allows you to automatically replicate the trades of successful traders. This is particularly useful for those new to forex or looking to diversify their strategies.
When selecting traders to copy, focus on those with a track record of consistent profits in rupee-based pairs. Pay attention to their risk management – look for traders who maintain a healthy balance between profit and drawdown.
The app provides detailed statistics on each trader’s performance. This includes win rate, average trade duration, and preferred instruments. Use this data to find traders whose style aligns with your goals.
Customizing Exness Go
Personalize your Exness Go experience to match your trading style. Create watchlists focused on key Indian markets – for example, grouping major IT stocks or tracking commodities that impact the rupee.
Set up price alerts for critical levels on instruments like USD/INR or Nifty futures. This ensures you never miss a trading opportunity, even in India’s volatile market conditions.
Language settings allow you to switch between English and Hindi, catering to your preference. Optimize app performance by adjusting chart settings and data refresh rates based on your device’s capabilities.
Resources and Support
Exness Go provides a wealth of educational resources tailored for Indian traders. Access video tutorials on topics like technical analysis of the Nifty 50 or fundamentals of trading USD/INR.
Participate in live webinars hosted by expert Indian traders. These sessions often cover strategies for navigating local market conditions, such as trading during the monsoon season’s impact on agricultural commodities.
The built-in trader’s calculator is invaluable for managing risk. Use it to quickly determine position sizes based on your account balance and risk tolerance. This is especially useful when trading volatile instruments like crude oil futures.
When contacting support, use the in-app chat for fastest response times. Indian traders can access support in both English and Hindi, ensuring clear communication on complex trading issues.
- Exness Academy: Access a vast library of educational materials, including video tutorials, webinars, and articles, to enhance your trading knowledge and skills
- 24/7 multilingual customer support: Exness’ dedicated support team is available round the clock to assist you with any queries or issues you may encounter while using Exness Go
- Trading tools: Leverage various trading tools, such as economic calendars, trading calculators, and market analysis tools, to stay informed and make data-driven trading decisions
Potential Issues and Solutions
While Exness Go aims for a seamless experience, some users have reported the following issues:
Issue: Connectivity problems
Solution: Ensure a stable internet connection for optimal performance. If you encounter connectivity issues, try switching to a different network or restarting your device. A strong and reliable internet connection is crucial for seamless mobile trading.
Issue: Login issues
Solution: Double-check your credentials (username and password) and ensure that you’re using the correct server address. If the issue persists, contact Exness’ customer support team for assistance. They can guide you through troubleshooting steps or reset your login credentials if necessary.
Issue: Price manipulation allegations
User comment: “Exness manipulated my entries twice, making me lose money on profitable trades. I have picture evidence.”
Exness response: “As a regulated broker, we would never manipulate prices or orders, as it goes against our license terms. Our trading volume and withdrawals are audited quarterly by the reputable firm Deloitte.”
While Exness firmly denies any price manipulation allegations, some users claim to have evidence suggesting otherwise. It’s important to note that price discrepancies can occur due to various factors, such as liquidity levels, market volatility, and the broker’s execution model. Traders are advised to thoroughly understand the order execution process and conduct their due diligence before engaging with any broker.
Issue: Stop losses being hit unexpectedly
User comment: “During news time, my stop loss was triggered, but on another broker’s platform, it wasn’t hit for the same trade.”
Exness response: “Spreads may widen during news releases or low liquidity periods. Leverage is also capped at 1:200 for new positions during such times to manage risk.”
Exness acknowledges that market conditions, such as news events and low liquidity, can lead to increased volatility and wider spreads. As a precautionary measure, leverage is temporarily capped to minimize the potential impact on traders’ positions during these periods.
Issue: Withdrawal difficulties
User comment: “Exness is withholding my withdrawal for over 15 working days with no resolution.”
Exness response: “We apologize for the inconvenience. Please share your details so we can investigate and resolve this promptly.”
While some users have reported delays or difficulties in withdrawing funds, Exness encourages users to contact their customer support team for assistance in resolving such issues promptly.