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Exness - The Forex Broker with the Largest Trading Volume in the world
Best Account for Beginners in Forex 2022
Forex trading is a very complicated place for all beginners. Many studies show that over 90% of beginners lose money on their first trade. Therefore, it is not difficult to realize that most beginners of forex trading are advised to start with a forex demo account and practice with them in the months before the actual investment. I could be wrong, but this is not best practice.
In my experience, traders make a lot of money when using a demo account compared to losing a lot when using a live account. It is true that when traders use a demo account, the broker always gives them more chances to win as many as possible in order to earn their trust. Also, when using a demo account, the broker will provide a lot of benefits for beginners, such as: lower spreads, lower volatility, higher execution and price.
I know that almost beginners win from a demo account and get With a lot of money, they will become more confident and able to make real trades. However, it all seemed to be the exact opposite as they had to start all over again with a real account after practicing with a demo account a few months later. This means that you will spend a long time and a lot of money learning to trade. Also, for the reasons I mentioned above, some beginners accept to spend more time learning a real trading account.
Therefore, you should use a real trading account from the beginning. Because you will run into a more realistic risk. Failure is always an unforgettable lesson and you will know what to do in the future in the same situation. Therefore, I highly recommend the Exness Cent account – the best real trading account for beginners. Here’s why:
Exness is a large Forex broker
The first reason: Exness is the largest retail forex broker. Therefore, they get the best reputation. Exness trading volume keeps hitting new highs every year. More and more people are now choosing to trade with Exness.
- The minimum deposit for Exness
- Second, Exness Cent accounts do not require a minimum deposit. You can deposit as little as $1 or any amount you want. This is important because most beginners don’t want to save too much.
- Exness allows very small trading lots
- Third, you can open a position as low as 0.01 Lot Cent or 0.0001 Lot USD. This is the lowest minimum position value in the market. The lower the value of the order the better because you are a beginner and you have a 90% chance of failing. The purpose of this phase is practice. Therefore, the lower the order value, the more orders you can practice. Because of the low minimum order amount, you can practice in 1-3 months for as little as $10.
- Exness has high leverage
- Fourth, the Exness Cent account offers the highest leverage. The higher the leverage, the lower the margin. Therefore, you will have more free margin to keep open orders.
- Exness is the fastest
- You can deposit and withdraw money instantly in your cent account via local payment methods or your bank. Very simple and convenient. Since you’re just a beginner, the easier it is, the better. Furthermore, Exness has the fastest deposit and withdrawal system on the market. It is the world’s first fully automatic system. Every transaction you make can be done in seconds. No other broker can achieve the same.
- Exness is well supported
- Finally, Exness will support you in the native language, which is very important for beginners. Forex trading is very complicated. I am sure you will have many questions and only native speakers can help you. Exness supports many countries that use their native languages, such as: China, Thailand, Vietnam, Malaysia, Saudi Arabia and English-speaking countries…so it is very convenient for you if you speak these languages.
So with an Exness cent account, you won’t have to worry too much as it will always be supported in your own language.
If you’re wondering “How do I open an Exness Cent account?” my answer is, you just click here and follow the instructions.