Is Exness Legal in Bangladesh?
Exness operates legally for traders in Bangladesh who want to trade forex, cryptocurrencies, and other financial instruments. To use the platform, users need to complete the standard account registration and identity verification process as required by local regulations. Traders should be aware of the minimum deposit requirements and understand how local tax laws apply to trading profits. Exness supports various payment methods for deposits and withdrawals, with funds typically processed within standard timeframes. The platform offers tight spreads across various instruments, making it suitable for different trading strategies, from short-term to long-term trading.
Legal Status of Forex Trading in Bangladesh
Forex trading in Bangladesh is regulated by the Bangladesh Securities and Exchange Commission (BSEC) and the Bangladesh Bank. Trading with Exness in Bangladesh is legal, but traders must follow local rules, such as trading currency pairs that involve the Bangladeshi Taka (BDT). Traders must comply with these regulations to ensure legal trading. After completing the account registration and verification process, traders can use Exness as their platform while adhering to the country’s financial regulations.
Exness Bangladesh Login & Account Access
Exness gives traders in Bangladesh easy access to their accounts through web and mobile platforms. They can view their positions, account balances, and current market prices at any time.
How to Login to Exness in Bangladesh
To log in to your Exness account in Bangladesh:
- Open the Exness website or launch the Exness mobile app.
- Enter your registered email address and password.
- Click the “Login” button to access your account.
After logging in, you can manage your trades, check live data, and use all features of the Exness trading platform. Always keep your login details secure and log out after each session to prevent unauthorized access. This will help you trade confidently, track your portfolio, and close your trades securely.
Account Registration Process
Creating an Exness account is a simple process that allows you to start trading quickly. To begin, visit the Exness website and follow the steps below:
- Visit the Exness website and click on “Open Account.”
- Enter your personal details like email, phone number, and country.
- Set a strong password for your account.
Exness will send a confirmation email. Verify your email to activate your account and begin trading.
Verification Requirements
Exness requires account verification to ensure security and comply with regulations. To verify your account, follow these steps:
- Upload a government-issued ID (passport, driver’s license, etc.).
- Submit proof of address (like a utility bill or bank statement).
- Wait for Exness to review and approve your documents.
Document verification typically takes 1-3 days. Once verified, you can deposit funds and start trading.
Available Payment Methods
Exness offers various payment methods to help you deposit and withdraw funds easily. You can choose the method that works best for you based on your preferences and location:
- Bank transfers
- Credit/debit cards
- E-wallets like Skrill and Neteller
- Local payment systems
During the deposit process, choose your preferred payment method and follow the on-screen steps to complete the transaction. Exness processes withdrawals quickly, but the timing can vary depending on the payment method you choose. To avoid delays, ensure your account is fully verified. This will make your transactions smoother, and you’ll receive your funds without issues. If you face any problems with withdrawals or payments, you can contact Exness customer support in Bangladesh.
Exness Trading Platforms for Bangladesh Traders
Exness offers several trading platforms for traders in Bangladesh, making it easy for them to trade on various devices based on their preferences.
MetaTrader 5 (MT5)
MT5 is an advanced trading platform that supports multiple asset types, including forex pairs, stocks, futures, and commodities, all within one interface.
MT5 is perfect for technical traders. It has 21 timeframes and more than 80 built-in indicators to help with market analysis. The platform also supports automated trading with Expert Advisors, which allow trades to be executed automatically based on market conditions. MT5 is ideal for traders who need advanced tools and deep analysis for more complex trading strategies.
MetaTrader 4 (MT4)
MT4 is a well-known platform used for forex trading. It’s easy to use, making it a favorite among both new and experienced traders.
Key Features of MT4:
- 9 timeframes for detailed market analysis
- Over 30 technical indicators
- One-click trade execution
- Works with Expert Advisors for automated trading
MT4 is popular for its stability and proven performance in forex markets. Its simple design is effective for currency trading, making it a solid choice for many traders.
Exness Trade App
The Exness Trade app lets traders manage their positions on smartphones and tablets. Bangladeshi traders can trade on the go, even when they are away from their computers.
The app provides real-time market data, executes trades, and manages accounts. Charting tools and position tracking are available on both iOS and Android devices. This app is ideal for active traders who require constant access to the markets.
Web Trading Options
Exness also offers web trading, which allows traders to access their accounts and trade directly through a browser, without downloading any software.
This platform provides all the features of the desktop version, such as advanced charting, real-time data, and fast trade execution. It’s perfect for traders who prefer not to install additional software and wish to trade from any device connected to the internet.
How to Download Exness Trading Platform
Downloading the Exness trading platform is fast and simple. You can begin trading in just a few easy steps. Whether you’re on a PC or mobile phone, Exness provides clear instructions for downloading and setting up the platform on your device.
Download Exness for PC in Bangladesh
To start trading on your computer through Exness, you need to download and install their trading platform. This is a simple and quick process, and you can start trading instantly. Below are the steps to download Exness on your computer:
- Visit the official Exness website.
- Navigate to the “Platforms” section and select “Download for PC.”
- Click the download link to start the process.
Once the installer is downloaded, run the file and follow the on-screen instructions to complete the installation. After installation, open the platform, log in with your credentials, and you’re ready to start trading. Exness for PC provides full access to advanced charting, technical analysis tools, and fast trade execution.
Mobile App Download
The Exness mobile app allows you to trade anywhere, with complete access to your trading account via your smartphone or tablet. It’s available on both iOS and Android platforms, so it’s easy to trade anywhere and at any time. This is how you can download the Exness mobile app:
- Go to the App Store (for iOS) or Google Play Store (for Android).
- Search for “Exness” and select the official app.
- Tap “Download” to install the app on your device.
Once installed, open the app, log in with your account details, and begin trading on the go. The Exness mobile app offers access to live market data, charting tools, and the ability to execute trades from anywhere. It’s perfect for traders who need a flexible and easy-to-use mobile trading solution.
Bangladesh-Specific Trading Conditions
Exness offers tailored trading conditions for clients in Bangladesh, covering costs, account leverage, and deposit requirements.
Spreads and Commissions
Standard accounts on Exness offer spreads starting from 1 pip on major forex pairs. Premium accounts come with tighter spreads but include small commissions per trade. Spreads can widen due to market volatility, especially during significant economic events.
Raw spreads are shown directly in the trading terminal, allowing traders to estimate potential costs before entering trades. This transparency ensures that traders know exactly what to expect when opening positions.
Leverage Options Available in Bangladesh
Exness offers flexible leverage for Bangladeshi traders, depending on the account type and asset being traded. Leverage can go up to 1:2000, allowing traders to control larger positions with less capital. However, higher leverage increases risk, so it’s important to understand the risks before using it. Traders can adjust their leverage based on individual trading preferences, making risk management easier when trading forex, stocks, or other assets.
Minimum Deposit for Bangladeshn Accounts
Exness has a low entry barrier. Standard accounts only require a $10 deposit to start trading, making it accessible for beginners to try out trading strategies.
Professional account types need a $200 deposit to begin. These accounts offer lower spreads and faster execution, making them ideal for active traders. Bangladeshi traders can fund their accounts using local payment options, including bank transfers and electronic payment methods in Bangladeshi taka (BDT).
Exness Office in Bangladesh & Customer Support
Exness is a reliable forex broker providing solid customer support and quality services to traders in Bangladesh. The platform offers easy access to customer care and trading tools, ensuring a smooth trading experience.
Exness Customer Care Number Bangladesh
Bangladeshi clients can contact Exness through customer care for any questions. Exness provides 24/7 support via phone, email, and live chat. Whether you need help with login issues, withdrawals, or deposit inquiries, the customer support team is ready to assist.
Exness Bangladesh Contact Information
To contact Exness in Bangladesh, use the following options:
- Phone: Call Exness at +35725008105 for quick support.
- Email: Reach the support team at [email protected] for any questions about verification or account registration.
- Help Center: Visit the Exness Help Center for helpful guides and FAQs about trading.
Once you choose Exness, you can trade confidently, knowing you have the right tools, including the Exness trading platform, and reliable support for all your trading needs. Exness is committed to providing a smooth trading experience from account setup to managing your trades.
Frequently Asked Questions
Is Exness Banned in Bangladesh?
Exness is not banned in Bangladesh. However, it is important to note that Exness may not be fully regulated by Bangladeshi authorities. Traders should verify the legal status of using the platform before signing up.
Can I Use Exness in Bangladesh?
Yes, you can use Exness in Bangladesh. The platform is accessible to traders in Bangladesh, but it is crucial to check the latest regulatory updates to ensure compliance with local laws.
Is Exness Trading Legal in Bangladesh?
Exness trading is not fully regulated by Bangladeshi financial authorities, so traders should be cautious and ensure they follow all relevant laws before using the platform for trading.
How to Change Trading Platform on Exness?
To switch trading platforms on Exness, log into your account, select the new platform (like MT4 or MT5), and follow the instructions to download and set it up. Your account details will remain the same across all platforms.