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Exness Nigeria Review 2022 – Is Exness Broker legit?

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Exness Nigeria Review 2022

Exness was established in 2008 as a market maker FX and CFD broker. It offers many currency pairs and CFDs on various assets and is governed by the FCA and CySEC.

We liked Exness’s minimal spreads on the most popular currency pairings, low minimum deposit requirement, a wide selection of trading instruments, and numerous other benefits for Nigerian traders. However, for many Nigerian traders, the lack of a local office and local bank transfer can be a barrier.

Read our fair Exness Nigeria review, which offers a range of benefits and drawbacks for forex and CFD traders in Nigeria.

Pros of Exness Nigeria

  • Exness is governed by the top-tier FCA and CySEC, making it safe.
  • The lowest deposit requirement in Nigeria is $1, making it the weakest in the world
  • It is among the country of Nigeria’s oldest FX and CFD brokers.
  • In Nigeria, it offers the most currency pairs
  • The spreads are relatively lower than the bulk of other reputable brokers operating in Nigeria.
  • Leverage can reach a maximum of 1:2,000.
  • Exness accepts NGN as the base currency for Naira trading accounts.
  • In Nigeria, Exness accepts deposits and withdrawals via local bank transfers.

Cons of Hot forex Nigeria

  • In Nigeria, Exness doesn’t have a local presence
  • For customer service, Exness does not have a local phone number in Nigeria.
  • There is no bonus deal currently.

Is Exness Safe? 

Three top-tier regulatory agencies, one of which (FCA) is a Tier-1 regulator, oversee Exness. Since 2008, the broker has offered forex and CFD trading services, and in terms of transaction volume, it ranks among the top brokers worldwide.

The following regulatory agencies oversee Exness:

Authority for Financial Conduct 

The FCA regulates Exness as a forex and CFD broker and as an investment firm with license number 730729. The FCA is a premier regulatory body with offices in the United Kingdom. Clients from Nigeria are not included in the FCA regulatory compliance plan.

How are you protected?

Along with customer protection, money segregation, and involvement in investor compensation funds or schemes, there are intense levels of security thanks to industry norms that are developed in compliance with regulatory requirements.

Deposits and Withdrawals

Exness uses various payment methods to carry out instant deposits and withdrawals with no commission fees, giving you control over the financing of your trading account at your convenience.

Deposit Options

You may always choose a payment option that works for you because the options include the ability to use either method. Exness usually does not impose any deposit fees or internal costs, but your payment provider may apply additional charges based on the residence, so double-check.

Transfers by Bank Wire

principal Credit Cards,

Neteller and Skrill are E-Systems.

Here are some favorable and adverse findings on XM funding methods:

Exness Funding Methods had a good total score of 8 points. Although fees are reasonable or nonexistent and the minimum deposit is $1, some payments may not be possible owing to entity regulations or your residency.

Is Exness appropriate for new users?

With current financial news from Dow Jones, instructional materials, and Web TV with the most recent changes, Exness offers a free Demo account and high-quality educational resources. We can therefore conclude that Exness is excellent for beginners. Additionally, the platforms are user-friendly, making alternatives more straightforward for beginners.

Based on our study, Exness Education receives a 9 out of 10 overall ratings. We particularly appreciate how Exness sets up its knowledge base and supports the development of its traders. Therefore, the Exness professional teams offer potent tools that active traders may use simultaneously. Additionally, there are research tools, fundamental and technical analysis, weekly outlooks, trade suggestions, and many other things.

Exness Review Conclusion

Overall, the Exness review reveals that the broker is governed by several places, has evolved, and has also frequently altered its laws and legal structures. Exness received praise when it was due for its accomplishments and high standards of performance. 

From our perspective, education is also at a very high level, along with technical assistance from the significant MT4 or MT5 platforms, in addition to the availability of the Mini and Standard accounts that enable traders of any size to join a variety of markets. Exness vs ic markets; Trade Forex on 0.0 pip spreads with one of the world’s leading forex brokers –

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Sell Bitcoin (BTC) to Visa and MasterCard TRY card

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Sell Bitcoin (BTC) to Visa and MasterCard TRY card

It is not possible to transfer Credit card in Turkish Lira to Bitcoin directly; you should use the help of an intermediary. The most convenient way to carry out the transaction is to cooperate with online exchangers. These resources offer favorable terms of cooperation, assistance from qualified technical support specialists and prompt processing of customer requests.

You should not search for a performer via the Internet, this can be fraught with loss of time and money. There are many scammers on the Global Network who are trying with all their might to lure the money of naive users and appropriate it for themselves. To avoid troubles and speed up the process of choosing the best offer, you should use the proven monitoring resource BestChange.

The portal bestchange.com/bitcoin-to-visa-mastercard-try.html publishes reliable exchange resources that offer sell Bitcoin (BTC) to Visa and MasterCard TRY card quickly and easily. All published exchangers have received many positive reviews from clients and have proven honest work. Working with such services will be easy and safe. You only need to choose a reliable service provider with optimal conditions for the transaction.

Features of choosing an exchange service for conducting a financial transaction

When choosing a suitable service provider for transferring Credit card to BitCoin cryptocurrency, it is important to pay attention to several key aspects:

  • Exchange rate. Exchange rates may vary among different exchange platforms due to the fees they charge. Therefore, it is worth comparing different offers and choosing the most profitable one.
  • Availability of cryptocurrency reserves. Before making an exchange, make sure that the exchanger you choose has enough Bitcoin to complete your trade in the required amount.
  • Amount restrictions. Check if there are restrictions on the minimum or maximum exchange amount. This may influence your choice of platform.
  • Additional commissions. Research any additional fees that may be applied to your trade, as they can significantly impact the profitability of the exchange.
  • Technical support. Check for 24/7 technical support. If problems arise, it is important to be able to get help and answers to questions.
  • Bonus program. If you plan on making frequent trades, find out if there is a frequent flyer bonus program that will allow you to earn extra bonuses on every trade.

To easily compare different offers and choose the best option, you can use the BestChange aggregator. On the resource bestchange.com you can search for rating of exchange websites in order to choose the most advantageous offer and conduct an exchange with confidence in its safety. Make informed choices when exchanging cryptocurrencies.

How to conduct a financial transaction

After choosing the best offer on the BestChange online exchanger, you should go to its official website to carry out the transaction. There you will see preset options for asset conversion, including source and target currency, which are usually configured automatically.

Next, fill out the application form with the following required information:

  • The amount of Turkish Lira that you intend to exchange for the Bitcoin cryptocurrency.
  • Details of your cryptocurrency wallet.
  • Your name and contact details.

Before submitting an exchange application, be sure to check the correctness of the specified data to avoid possible errors and typos. After this, make payment for the application within the established deadlines, as failure to meet the deadlines may lead to cancellation of the application.

After successful payment, all you have to do is wait for your cryptocurrency wallet to be replenished, which usually takes from 30 to 60 minutes. Once the funds are credited to your balance, the exchange operation will be considered successfully completed.

Cooperation with verified exchangers on the instagram.com/bestchange/ monitoring portal guarantees you the safety, simplicity and profitability of exchange operations.

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All Forex Trading Indicators Guide in 2023: A Comprehensive Overview

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All Forex Trading Indicators Guide in 2023

In the fast-paced world of forex trading, staying ahead of market trends is crucial for making informed decisions and achieving success. To accomplish this, traders rely on a wide array of forex trading indicators that provide valuable insights into price movements, trend direction, and potential entry and exit points. This comprehensive guide explores the essential forex trading indicators that are set to shape the foreign exchange markets in 2023, including the Acceleration/Deceleration Oscillator (AC).

1. Moving Averages:

Moving averages are fundamental tools used by traders to identify trends, support, and resistance levels. The Simple Moving Average (SMA) and Exponential Moving Average (EMA) are two common types used for assessing market momentum and smoothing price data.

2. Relative Strength Index (RSI):

The Relative Strength Index (RSI) measures the speed and change of price movements, indicating overbought and oversold conditions. Traders use RSI to spot potential reversals and confirm the strength of a trend.

3. Moving Average Convergence Divergence (MACD):

MACD is a versatile indicator that provides insights into trend direction and momentum. By analyzing the MACD line, signal line, and histogram, traders can identify crossovers and divergence signals for potential trade opportunities.

4. Bollinger Bands:

Bollinger Bands consist of three lines: the middle (SMA), upper, and lower bands. These bands help traders gauge market volatility and identify potential breakouts or reversals when price moves beyond the bands.

5. Fibonacci Retracement:

Fibonacci retracement levels help traders identify potential support and resistance levels based on key price retracement levels. These levels are drawn from the Fibonacci sequence and are widely used for setting price targets and stop-loss levels.

6. Stochastic Oscillator:

The Stochastic Oscillator assesses overbought and oversold market conditions, providing valuable insights into potential reversals. By comparing current prices to a range of prices over time, traders can gauge momentum and make more informed trading decisions.

7. Parabolic SAR:

The Parabolic SAR is a trend-following indicator that helps traders set trailing stop-loss levels. It appears as dots above or below price charts, signaling potential trend reversals when dots switch sides.

8. Average True Range (ATR):

ATR measures market volatility, helping traders set appropriate stop-loss levels and assess position size based on current market conditions. High ATR values indicate increased volatility, while low values suggest calmer market conditions.

9. Ichimoku Cloud:

The Ichimoku Cloud is a comprehensive indicator that provides a holistic view of price movements. It includes five components that collectively offer insights into trend direction, support and resistance levels, and potential breakout areas.

10. Acceleration/Deceleration Oscillator (AC):

The Acceleration/Deceleration Oscillator or simply Accelerator Oscillator (AC) is a unique forex trading indicator designed to reveal the acceleration or deceleration of a price trend. Developed by Bill Williams, the AC is an essential component of his Alligator Indicator system.

Acceleration/Deceleration Oscillator (AC): Unveiling Trend Acceleration

The Acceleration/Deceleration Oscillator (AC) is a valuable tool that complements the Alligator Indicator system developed by renowned trader and author Bill Williams. It plays a crucial role in revealing the acceleration or deceleration of a trend, providing traders with key insights into market momentum.

How the AC Works:

The AC measures the difference between the Awesome Oscillator (AO) and a 5-period Simple Moving Average (SMA) applied to the AO. The Awesome Oscillator, another indicator devised by Bill Williams, assesses the momentum of a market trend by comparing the 5-period Simple Moving Averages of the median prices of two consecutive bars.

Interpreting the AC:

When the Acceleration/Deceleration Oscillator is above the zero line, it signals an acceleration of the current trend, indicating an increase in momentum. Conversely, when the AC is below the zero line, it suggests a deceleration of the trend, with momentum declining.

Confirmation with Other Indicators:

For stronger trade signals, traders often combine the AC with other indicators, such as the Alligator Indicator and the Awesome Oscillator. Convergence of signals from multiple indicators can lead to higher probability trade setups.

Using AC for Trend Reversals:

The AC can help traders identify potential trend reversals when it forms divergences with price movements. Bullish divergences occur when the price forms lower lows, while the AC prints higher lows, indicating a possible upward reversal. Similarly, bearish divergences signal potential downward reversals.

Setting Stop-Loss and Take-Profit Levels:

Traders can use the AC to set appropriate stop-loss and take-profit levels, ensuring better risk management in their trades. Tightening stop-loss levels when the AC shows deceleration can protect profits, while setting take-profit levels during acceleration periods can maximize gains.

Conclusion

As the forex market continues to evolve in 2023, traders must equip themselves with a wide range of indicators to gain a competitive edge. The Acceleration/Deceleration Oscillator (AC) stands as an essential tool for unveiling trend acceleration and deceleration, empowering traders to make more informed and profitable trading decisions. By incorporating the AC into a comprehensive trading strategy, traders can better navigate the dynamic foreign exchange markets and achieve success in their forex trading journey.

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Unlocking Global Markets: How Crypto Payments Drive Cross-Border Ecommerce

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Unlocking Global Markets

In the ever-expanding realm of ecommerce, cross-border transactions have become a significant driving force behind business growth. As companies aim to tap into global markets, the challenges associated with traditional payment methods can hinder their progress. However, the emergence of cryptocurrency payment options has opened up new opportunities for ecommerce to engage in seamless cross-border online business. In this article, we will explore how crypto payments are revolutionizing the landscape and empowering businesses to unlock global markets.

The Limitations of Traditional Payment Systems

Traditional payment systems, such as credit cards and bank transfers, have long been the standard for online transactions. However, when it comes to cross-border ecommerce, these methods present various limitations. High transaction fees, slow processing times, and currency exchange complications often lead to friction and dissatisfaction among international customers. Moreover, the involvement of multiple intermediaries increases the risk of fraud and data breaches.

Enter Crypto Payments

Cryptocurrencies, such as Bitcoin, Ethereum, and others, provide a compelling alternative to traditional payment systems in cross-border ecommerce. Here’s how they are driving the transformation:

  1. Fast and Efficient Transactions: Crypto payments enable near-instantaneous transactions that bypass the need for intermediaries. The decentralized nature of cryptocurrencies allows for peer-to-peer transactions, eliminating unnecessary delays and reducing processing times significantly.
  2. Lower Transaction Costs: Cryptocurrencies offer cost advantages by eliminating intermediaries and reducing transaction fees associated with traditional payment systems. This cost-effectiveness is particularly beneficial for cross-border transactions, where fees can be exorbitant.
  3. Simplified Currency Exchange: Cryptocurrencies function as a universal medium of exchange, transcending the complexities of traditional currency conversions. By accepting crypto payments, businesses can expand their customer base globally without the need to handle multiple currencies or rely on fluctuating exchange rates.
  4. Enhanced Security and Privacy: Cryptocurrencies employ advanced cryptographic techniques that ensure secure and private transactions. The blockchain technology underlying cryptocurrencies provides transparency, immutability, and protection against fraudulent activities, fostering trust between buyers and sellers across borders.
  5. Financial Inclusion: Crypto payments enable businesses to reach underserved markets where traditional banking infrastructure is lacking. By leveraging cryptocurrencies, ecommerce businesses can tap into emerging economies, empowering individuals who may not have access to traditional financial services.

Challenges and Considerations

While the adoption of crypto payments in cross-border ecommerce brings significant advantages, it is essential to address certain challenges and considerations:

  1. Volatility: Cryptocurrencies are known for their price volatility, which can present risks for businesses. However, the growing popularity of stablecoins, which are pegged to fiat currencies, mitigates this concern by providing stability and minimizing fluctuations.
  2. Regulatory Landscape: The regulatory environment surrounding cryptocurrencies is still evolving. Businesses must stay informed about the legal and compliance requirements in the jurisdictions they operate to ensure they adhere to relevant regulations.
  3. User Adoption: While crypto payments have gained traction, widespread user adoption is still progressing. However, as more individuals become familiar with cryptocurrencies and their benefits, user adoption is expected to increase, fueling cross-border ecommerce growth.

Conclusion

In the era of global connectivity, cross-border ecommerce presents immense opportunities for businesses. By embracing crypto payments, ecommerce companies can overcome the limitations of traditional payment systems and unlock global markets. Faster transactions, lower costs, simplified currency exchange, enhanced security, and financial inclusion are some of the advantages that cryptocurrencies offer. While challenges remain, the ongoing developments in the crypto space, including stablecoins and evolving regulations, are paving the way for a future where cross-border ecommerce becomes seamless and inclusive. As businesses navigate this evolving landscape, embracing crypto payments can be the catalyst for unlocking the full potential of global markets.

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