When trading with an overseas FX Exness account, there are rules regarding prohibited items when using the broker, such as account freezing for hedging, so this article will explain the possibility of withdrawal refusal. There are rules when trading with . You can’t just trade anything you want. If you break the prohibitions, you may be penalized with withdrawal refusal or account freezing, so be careful.
Exness is less restrictive
According to information about the popular Exness, it can be said that compared to other FX companies and traders in the industry, there are relatively few prohibited items. At many Forex companies, the following transactions are prohibited by their terms of service, so we have summarized the issues. Loss cuts and zero cuts are also implemented, but if they are violated, some currencies held may not be accepted for settlement even if there is a loss. Even professionals need to be careful in advance, so acquire knowledge.
- Hedged trading using multiple accounts
- Large lot scalping trade
- High leverage trade aimed only at the time of economic indicator announcement
- Trades aimed at window filling only
- Arbitrage
In addition to the above, many companies set rules for the entry of double-sided or scalping trades for risk hedging, but Exness is effective and does not prohibit anything anymore. You can rest assured that Exness is a company with a high degree of freedom. Even beginners can make money using these funds.
Prohibited matter
In Exness, the following are completely prohibited. Overseas FX companies tend not to have many restrictions, and Exness is no different. There are no bonuses, but the spreads are narrow, so the word of mouth and reputation are very good. There are advantages and disadvantages to prohibited items. The official website also lists points to note, so let’s check them. We will explain the reasons for the prohibited items one by one. If you have any trouble such as not being able to log in to the platform with your Exness account from the home page, not having a personal identification number, being deleted, or being sent to the archive, please take a look. There are always troubles other than the services provided with investment. Please understand before doing it.
self affiliate
Exness has an affiliate program. However, affiliates are not allowed to create an account and start trading using their own links. This is what is commonly known as cashback, and is of course prohibited. Please be careful as there is a good chance that your account will be frozen or withdrawals will be refused. Partners can log in to the official site and view FAQs for free, so we recommend checking them out. There are other points to note about the operating company besides trading financial products.
Trading with server errors or rate delays
When there is a major incident or event in the world, the servers become congested, and trading tools such as MT4 and MT5 may experience server errors or rate delays. Even if you trade with the aim of taking advantage of such server errors or rate delays, you will not be able to withdraw your profits. This is because it will be deemed to be profits obtained through fraudulent trading. New beginners will inevitably take a large risk if they break the important rules that have been established. Users around the world should be sure to prepare before buying, selling, or using the service. Be sure to check the news and campaigns carefully.
No limits on scalping
In hedging, you buy and sell at the same time, pull one side to take profit, and quickly cut the loss on the other. Many FX companies do not allow it, but it is generally OK because it can be done freely in the market through Exness. Exness allows hedging, and allows both hedging within an Exness account and hedging with accounts of other companies. When you start watching the price of the product on metatrader, make sure you clearly decide your intentions and stop loss levels. Make sure you clarify your purpose when you start so you don’t end up in the red.
Hedged transaction
In a two-sided trade, you buy and sell at the same time, pull profits on one side, and quickly cut losses on the other side. Many Forex companies do not allow this, but it is OK through Exness’ management. Exness allows double-sided trading, both within Exness accounts and between other companies’ accounts.
Arbitrage
Exness also allows arbitrage trading. In fact, arbitrage trading is considered a scam at most FX companies. However, it is allowed at Exness. You can develop arbitrage trading strategies at Exness, so it’s worth giving it a try. Investors should not do anything strange when doing it at their own discretion and aiming for various profits. Please check the official past and latest information.
Possibility of withdrawal refusal or account freeze
Of course, if you break the prohibitions, there is a good chance that withdrawals will be refused or your account will be frozen, but if you follow the rules, there is almost no possibility of your account being frozen. Exness is a company that is rough and has a high degree of freedom. It’s a rule that is overwhelmingly better than other companies.
automatic trading
Automated trading is not prohibited. There are many cases where other FX brokers prohibit automatic trading, but Exness has no restrictions at all, so it is OK. Maximum leverage is unlimited and the spread is said to be the narrowest in the world, so we recommend it.
If you violate the prohibitions
Exness allows you to maintain positions up to the margin maintenance rate of 0, but it is a very good broker because the commission fee is low and you can use EA. However, if you violate any of the prohibited items, you may be subject to the following penalties, so please be careful. Selling and buying orders in the market, and the system environment will become unusable due to violation of terms and conditions. Details will need to be negotiated with support. We will check and understand the situation, and depending on the cause, restrictions may be lifted as a result.
account freeze
There is a risk that accounts that violate the prohibitions will be frozen. In this case, you will not be able to use the relevant account and your deposits and withdrawals may be stopped, so you will need to be prepared. In this case, you will not be able to use the account until it is canceled, so please give up.
Freeze account
Exness allows you to create multiple accounts within an account, but there is a possibility that your account may be frozen. Such actions will be taken against users who engage in extremely malicious behavior, but in this case they will no longer be able to use Exness in the first place. You’ll probably give up and use another broker.
Withdrawal refused
If a user whose account has been hijacked or otherwise reports it, the account may be locked. As a result, your withdrawal will be refused. In this case, you will not be able to make deposits as well as withdrawals, so you will not be able to use Exness.
What to do if your account is frozen
If your account is frozen, you will need to negotiate with the support center to have it removed. Depending on how you negotiate with the support center, you may not get your money back, but since you have violated the rules, you have no choice but to give up. The support center is introduced in the article below, so please refer to it.
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