|🏛️ Based in||London, UK|
|⚖️ Regulation||FSRA, FCA, FSC|
|💰 Minimum Deposit||$20|
|💳 Deposit Options||Debit Card, Credit Card, Bank Wire.|
|💳 Withdrawal Options||Debit Card, Credit Card, Bank Wire.|
|📌Open an account||Start Trading With Exinity|
Our Opinion About Exinity
Exinity was first launched in 2021. They are a regulated forex broker with a licence from CMA, and they are part of the global Exinity Group. They are also a trustworthy company that ensures a safe trading environment and a high level of client fund protection. As such, they already have a great reputation within the forex industry.
Exinity offers a great online trading environment. They offer trading on many instruments including forex, shares, indices, metals, energies, and commodities. They also offer a wide range of account options. You can choose from 3 different account types – all of which come with tight spreads, low commissions, and fast trade execution. You can also choose from two of the best platforms – MetaTrader4 and MetaTrader5.
As a top online forex broker, Exinity provides excellent trading technology.. They have many free trading tools including chart tools and an economic calendar. If you’re looking for more support, they also have free market research and free educational materials. Could Exinity be the right broker for you? Read our review to find out.
The Exinity Group
Exinity is the third forex broker launched as part of the Exinity Group. The group also includes FXTM and Alpari. They operate on a global scale and have earned the trust of over 4,000,000 clients. They have licences from some of the top regulatory authorities in the world including the CySEC in Cyprus, the FCA in the UK, and the FSCA in South Africa. The Group has also won several prestigious forex awards in recognition of their excellent online trading services.
Regulation and Safety
In November 2020, Exinity got a licence from the Capital Markets Authority (CMA) in Kenya. Exinity has also got licences in several other countries:
- Mauritius – Exinity Limited is registered under C119470 C/GBL. It is regulated by the Financial Services Commission under licence number C113012295.
- UAE – Exinity ME Ltd is registered under 000004692. It is regulated by the Financial Services Regulatory Authority (FSRA) under permission number 200015.
- UK – Exinity UK Limited is registered under 10599136. It is regulated by the strict Financial Conduct Authority under licence number 777911.
Regulation In Africa
Clients in Kenya can register under the local Exinity Limited subsidiary, which is regulated by the CMA. This means that Kenyan traders can trade with a local broker and benefit from local regulatory oversight. Clients in other countries can register under the Mauritius Exinity Limited subsidiary, which is regulated by the FSC. This means that African traders can trade with better conditions and benefit from more offers.
Exinity Fund Safety
Exinity is a reliable forex broker. When it comes to fund protection, they follow all of the regulatory guidelines and have good client fund security measures. For example, They have a segregated account policy in place. This means that they keep all client funds separate from their own company funds, and can never use them for business purposes. They also have many data security measures in place. This means your personal data and account information is also safe.
Exinity: Legit or Scam?
Exinity is a legit forex broker. They have been providing forex trading services for a few years, and have a growing client base in Kenya, as well as other parts of Africa. In terms of safety, they are licensed by the CMA in Kenya and operate in line with all local regulatory requirements. In terms of products, they have good trading accounts and trading platforms. They also have lots of trading assets. In our opinion, they are a legit broker.
Exinity has lots of asset classes. You can choose from currency pairs, metals, stocks, indices, and commodities. They have 200+ trading instruments in total.
- Forex: Exinity offers trading on forex pairs. You can choose from 62 forex pairs to trade, including majors, minors, and exotics.
- Metals: Exinity has trading on several metals. You can try trading on silver and gold crosses with the EUR, USD, and GBP.
- Indices: Exinity offers trading on stock indices. You can try trading popular indices, including the UK100, DAX30, and the S&P500.
- Stocks: Exinity has trading on many stocks from sectors such as finance, technology, energy, utilities, and many more.
- Commodities: Exinity offers trading on a few commodities. You can choose from UK Brent, US Crude, and US Natural Gas.
Exinity Account Types
Exinity has three main trading accounts. You can choose from the Exinity World Account, the Exinity Trader Account, and the Exinity Trader Pro Account. If preferred, you can also choose from a demo account, an Islamic swap-free account, or a PAMM account.
|Type||Min. Deposit||Max. Leverage||Commission|
|Exinity Trader Pro||$10,000||1:1000||$0|
Exinity World Account
In our opinion, the Exinity World Account is their ‘best access’ trading account. It is a good option for new forex traders who want good trading conditions and fair pricing. It has good spreads for forex pairs. For example, you can trade EURUSD with an average of 0.0 pips. It also has high leverage and fast trade execution. The Exinity minimum deposit for this account is $20. It is available on both MetaTrader4 and MetaTrader5.
Exinity Trader Account
In our view, the Exinity Trader Account is their ‘best value’ trading account. It is a good option for intermediate traders who want good trading conditions and good trading support. It comes with additional learning opportunities including trading workshops. It also comes with higher Exinity leverage of up to 1:2000. The Exinity minimum deposit for this account is $100. It is available on Metatrader4 and MetaTrader5.
Exinity Trader Pro Account
In our opinion, the Exinity Trader Pro Account is their ‘best service’ trading account. It is a great choice for experienced traders who want professional trading conditions. It has tight spreads on forex pairs. For example, you can trade EURUSD with an average of 0.1 pips and zero commissions. It also has high Exinity leverage of up to 1:2000. The Exinity minimum deposit for this account is $10,000. It is available on MetaTrader4 and MetaTrader5.
Exinity Demo Accounts
Exinity has a free demo account. You can use it to develop your trading skills and try out different trading strategies. You can also use it to get more experience on the forex market and get a better understanding of what forex trading is about. Exinity demo accounts operate using a virtual balance, not real funds, so they are a good tool for new traders. The account will remain active as long as you log in at least once a fortnight.
Exinity PAMM Accounts
Exinity also offers a PAMM account service for experienced traders. To find out more about their managed accounts, you can contact the customer support team.
Exinity Swap-Free Accounts
All Exinity accounts are available as Islamic swap-free accounts When the swap-free mode is enabled, the account will not accrue interest for carrying positions overnight. Therefore, it is suitable for Muslim traders and fully compliant with Sharia law.
Traders in Africa can get access to high leverage with Exinity. The leverage you can get varies depending on your account type. For example, you can trade with up to 1:1000 on the World account, and you can trade with up to 1:2000 leverage on the Trader Account.
Traders in Africa can also get access to tight spreads with Exinity. The spreads you get varies depending on your account type. For example, you can get spreads from 0.0 pips on EUR/USD with the Trader account and 0.1 pips on the Trader Pro account.
Traders in Africa can benefit from low commission trading. Their commission fees change depending on which trading account you choose. For example, there is a small commission of 0.04 USD per $1,000 on the Trader account, but there are no commissions on the Trader Pro Account.
Exinity Registration – How To Register An Account
As part of our Exinity broker review, we have taken a look at their account registration process. If you live in Africa, then you are eligible to open an Exinity trading account. The first thing you need to do is go to their website and fill in the registration form. This is so that they can gather a few of your personal details. You also need to decide what you want your login details to be. This is so that they can create your account.
The next thing you need to do is to complete a short quiz about online trading. This is so that Exinity can see how much you know about forex trading and determine whether their services are suitable for you. If you pass their short test, then you can move forward with your application and start the account verification process. The last thing you need to do is send copies of your documents, confirm your details, and fund your account
Exinity Registration – How To Verify An Account
To open a live trading account you’ll need to show Exinity a proof of ID and a proof of address. This is so that they can check your identity and verify your account. The Exinity account verification process is quite straightforward. You can send them copies of your National ID card, Passport or Driving License . You can also send them copies of a utility bill or a bank statement registered in your name. After you have verified your account, you can add funds and start trading.
Exinity has a nice choice of payment options. You can deposit money using a debit card, credit card or bank transfer. You can also fund your account using certain e-wallets. There are no deposit fees. The processing time depends on the payment method.
The minimum deposit is different for each account type. For example, the Exinity World minimum deposit is $20. However, the Exinity Trader account minimum deposit is $100, and the Exinity Pro account minimum deposit is $10,000.
Exinity has several different withdrawal options. You can withdraw money using a debit card, credit card or bank transfer. You can also take money out using e-wallets. There might be a small withdrawal fee depending on which payment method you choose.
Exinity is a licensed broker, and as such, provides excellent customer service. There are plenty of different withdrawal methods to choose from, and the withdrawal times are okay. If you have any issues withdrawing your funds, you can contact the Exinity customer support team for help.
You can trade using the Exinity MT4 and MT5 trading platforms. Your trading options will vary slightly depending on which account type you choose.
MetaTrader4 (MT4) is one of the top online trading platforms. It has a user-friendly design and many free tools. You can use the platform to access all of their top CFD trading instruments including forex, shares, and indices. The Exinity MT4 trading platform also has advanced charting tools, 4 order execution types, 30 technical indicators and 23 analytical objects. As such, it is a great platform for new traders.
MetaTrader5 (MT5) is another top online trading platform. It has a simple design and an easy-to-use interface. As with MetaTrader4, you can use it to access and trade all the best financial markets. The Exinity MT5 trading platform also has a wide selection of trading tools including 6 order execution types, 38 indicators, and 37 analytical objects. As such, it is a great platform for experienced traders.
Exinity has a few free online trading tools. They offer a free economic calendar to help you keep up with market news. Their economic calendar covers all global economic data releases. It also includes detailed explanations and forecasts for each new release.. They also offer free market analysis. They cover many markets including the forex market and the stock market. Together, these free tools can help make doing marketing analysis and planning your trades much easier.
Education and Research
When it comes to education, Exinity does its best to help new clients get more out of their trading. It offers a good selection of free education resources designed to help you develop a basic understanding of the forex market and how forex trading works. These include online articles, forex guides, trading eBooks, trading videos, and a forex glossary. However, you can only access the materials if you open an account. They also occasionally offer in-person seminars in certain countries.
Exinity Trading Hours
Exinity is open during standard trading hours. You can open trades whenever the forex market is open. Their trading hours may change slightly on public holidays.
Exinity Customer Support
Exinity provides great customer service. The Exinity customer support team is very friendly. You can contact them 24 hours a day, 5 days a week. They are available via live chat, email, and phone. They will help you with any questions you may have.
Exinity is a legit forex broker with great online trading services. They offer low deposits, fair trading conditions, and good trading platforms. They also provide helpful trading resources and excellent customer service. In our opinion, they are a good choice for forex traders in Africa.
Exinity Forex Broker Review FAQ
Exinity is part of the wider Exinity Group. The Exinity Group has two other brokers – FXTM and Alpari. Alpari was set up in 1998, and FXTM was set up in 2011. Together, the forex companies operate on a global scale. They provide online trading services to over two million clients in 150 countries from regulated centres across four continents.
Yes, Exinity is a legit broker. They are an international forex company with offices in several cities around the world. In terms of their trading products, they offer good account types and excellent online trading conditions. In terms of access to the markets, they also offer many trading instruments including forex, stocks, and indices. Exinity also has a good choice of payment methods and a fast withdrawal process. In our opinion, they are legit.
Yes, Exinity is a regulated broker. They obtained a licence from the Capital Markets Authority (CMA) in Kenya in November 2020. They have also obtained licences in several other regions including Mauritius and the UAE.
Yes, Exinity is a good broker. They have been offering forex trading services for several years. They have a big client base and are trusted by many traders in Africa. When it comes to trading, Exinity offers great trading accounts, good trading support, and good customer support. Exinity is a reliable company and a trustworthy forex broker.
Yes, Exinity is a safe forex broker. When it comes to client money, they abide by all local regulatory requirements, and offer good client fund security measures. Exinity also keeps all client funds in segregated accounts, away from its operational money. This means that they can never use client funds for business purposes. In our opinion, Exinity is a safe company to trade with.
Exinity is one of the best forex brokers in Africa. They have good account options with low minimum deposits and low trading costs. They also have a nice selection of trading instruments, trading platforms, and trading tools. However, if you want to look at alternative options, there are many great forex brokers as well. We recommend looking at HotForex, FXPro, FXPesa, and Instaforex.
Yes, Exinity has an excellent range of educational materials and trading tools, making it a good choice for beginner traders. It also has good trading conditions and industry-leading trading platforms, making it an appealing option for professional traders. For more information, check out the Exinity review summary.