Introduction
ExactTrading.com is an online trading platform that offers a variety of financial instruments for trading, including forex, stocks, and commodities. The company is headquartered in the UK and is regulated by the Financial Conduct Authority (FCA). ExactTrading.com offers a standard account with a minimum deposit of $250 and a VIP account with a minimum deposit of $25,000. Both account types offer leverage of up to 1:500 and access to the MetaTrader 4 trading platform.
What is ExactTrading.com?
ExactTrading.com is a website that provides trading information and tools for forex and CFD traders. The site offers a variety of resources, including an online trading course, a blog, and a forum. ExactTrading.com also provides a number of features designed to help traders make the most of their trading experience, including live market data, analysis tools, and trade signals.
How Does ExactTrading.com Work?
ExactTrading.com is an online broker that provides traders with access to the global financial markets. The company offers a variety of trading platforms, including the popular MetaTrader 4 (MT4) platform, as well as a mobile trading app. ExactTrading.com also provides its clients with a variety of educational resources, including a trading academy, market analysis, and a demo account.
So, how does ExactTrading.com work? First, you will need to open an account with the broker. Once your account is activated, you will be able to deposit funds and start trading. ExactTrading.com offers a variety of tradable instruments, including forex pairs, CFDs, commodities, indices, and ETFs. You can trade these instruments using the broker’s web-based trading platform or mobile app.
When you place a trade, you will need to set your desired profit targets and stop-loss levels. Once your trade is executed, you can monitor it 24 hours a day from the ExactTrading.com website or mobile app. You can also close your position at any time prior to expiration to lock in profits or limit losses.
ExactTrading.com Fees
The trading platform is completely free to use. There are no hidden fees or commissions. You only pay the spread, which is the difference between the bid and ask prices.
ExactTrading.com Pros and Cons
When it comes to online trading, there are a lot of different platforms out there to choose from. So how do you know which one is right for you? In this article, we’ll take a look at ExactTrading.com and see what they have to offer.
First, let’s start with the pros. ExactTrading.com has a user-friendly platform that is easy to navigate. They also offer a demo account so you can try out the platform before committing to trading with real money.
Another pro is that they offer a variety of assets to trade including forex, stocks, commodities, and indices. This gives you a wide range of options when it comes to choosing what to trade.
Finally, ExactTrading.com has excellent customer service. If you have any questions or need help with anything, their team is always quick to respond and help you out.
Now let’s take a look at the cons. One con is that they don’t have 24/7 customer support like some other platforms do. This means if you have an issue outside of business hours, you may have to wait until the next day for a response.
Another con is that their fees are on the high side compared to some other platforms. However, this is offset by the fact that they don’t charge any commissions on trades. So if you’re looking for a platform that doesn’t charge commission fees, ExactTrading.
ExactTrading.com Review Conclusion
After reading this ExactTrading.com review, it is clear that there are both pros and cons to using this online broker. However, the pros seem to outweigh the cons for most traders. The main advantages of using ExactTrading.com are the low commissions and fees, the user-friendly platform, and the large selection of tradable assets. There are also a few disadvantages to using this broker, such as the lack of 24/7 customer support and the limited number of deposit and withdrawal options. Overall, ExactTrading.com is a good choice for most traders looking for a reliable online broker with low fees.