Search results for “Transactions”: 106
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Does Exness have leverage limits based on margin balance?
No, Exness does not impose leverage restrictions based on your margin balance, and you can trade with a fixed leverage ratio regardless of changes in your balance. However, for certain CFD instruments and exotic currency pairs, a specific “fixed margin requirement” applies to each instrument, regardless of your account’s leverage setting.
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28.11.2023
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Please explain how Exness calculates the required margin.
The required margin at Exness can be calculated using the formula: "Trade Volume ÷ Leverage × Current Exchange Rate." For example, if the USD/JPY rate is 140 yen and you trade 1 lot (100,000 units) with 2,000x leverage, the calculation is "100,000 ÷ 2,000 × 140," resulting in 7,000 yen.
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28.11.2023
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If my margin balance goes negative on Exness, do I need to make a margin call?
No, at Exness, you are not required to make a margin call (provide additional margin) even if a negative balance occurs due to sudden market fluctuations. Exness employs a "Zero Cut System" that covers any negative balance and resets your account balance to zero, so you will never incur losses exceeding your account balance.
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28.11.2023
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Please explain the margin requirements for hedging trades on Exness.
At Exness, if you open both long and short positions on the same instrument using the same trading account, the required margin is 0 yen. If you trade different lot sizes on the long and short sides, the margin required is the difference between the two. Please note that trades between different trading accounts do not count as hedging.
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28.11.2023
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Does Exness trigger a forced liquidation if the margin maintenance level falls below 100%?
With Exness, you can continue holding positions even if your margin maintenance level falls below 100%. Since the forced liquidation level is 0% for all account types, you can continue trading until your margin balance reaches zero. Exness allows you to trade while making the most of your margin.
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28.11.2023
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Is the cashback I receive from Exness subject to taxation?
Yes, cashback received from Exness is subject to taxation. Please note that Exness is currently running a special promotion offering cashback and luxury prizes to Premier members. If you receive cashback, please be sure to include it in your tax return.
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15.11.2023
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How do I obtain my annual trading report from Exness?
You can easily access your Exness Annual Trading Report via MT4/MT5. Please note that while you can view your trading history and annual profit and loss in the MT4/MT5 mobile app, you cannot download the report. Please use the desktop versions of MT4/MT5 to download or print your Annual Trading Report.
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15.11.2023
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Are swap points subject to tax reporting at Exness?
Yes, swap points generated on Exness are subject to taxation, so you are required to file a tax return. However, since swap points are offset against the profit or loss on your positions and are included in the "Closed Trade P/L" (MT4) or "Total P/L" (MT5) sections of your annual trading report, you do not need to report them separately as profit or loss.
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15.11.2023
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What is the tax rate on annual profits from Exness?
Exness’s annual profits are subject to a progressive tax rate that increases in proportion to taxable income, with income tax ranging from 5% to 45% depending on the amount of taxable income. Annual profits are combined with annual gains or losses from other overseas FX trading and other miscellaneous income subject to comprehensive taxation to calculate taxable income, after deducting various allowances and necessary expenses.
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15.11.2023
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Please explain the situations in which I need to file a tax return with Exness.
If you make a profit from trading with Exness, you may be required to file a tax return. Salaried employees must file a tax return if their annual profit exceeds 200,000 yen, and non-salaried individuals must file if their annual profit exceeds 480,000 yen. However, unrealized gains or losses on open positions and swap points are not subject to tax reporting.
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15.11.2023
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Does Exness impose any leverage restrictions based on account balance (available margin)?
Yes, at Exness, the maximum leverage varies depending on your account balance (available margin). If your account balance is less than $30,000, the maximum leverage is 1:2000; if it is between $30,000 and $99,999, the maximum leverage is 1:1000; and if it is $100,000 or more, the maximum leverage is limited to 1:500.
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11.10.2023
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Where can I check the leverage set for my Exness trading account?
You can check the leverage settings for each of your Exness trading accounts in the "My Account" section of the Personal Area. Log in to the Personal Area and select "My Account" from the menu. Click the "︙" icon next to the trading account you want to view, then select "Account Information" to view the leverage settings.
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11.10.2023
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Does Exness apply the zero-cut system to hedging trades across multiple accounts?
Yes, Exness’s zero-cut system applies even when a negative balance occurs while conducting hedging trades across multiple accounts. Since hedging across multiple accounts is permitted, you can not only trade flexibly using hedging strategies but also mitigate the risk of losses through the zero-cut system.
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26.09.2023
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Is Exness's zero-cut system applied on a per-account basis?
Yes, Exness’s Zero Cut System is applied on a per-account basis. Balances in other accounts within the same account group will not be used to cover a negative balance in a specific account. By practicing proper risk management, you can enjoy high-return trading while minimizing your risk.
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26.09.2023
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Is there a limit to Exness's zero-cut system?
No, Exness’s Zero Cut system has no upper limit on the amount or limit on the number of times it can be triggered. Even if your losses become significant, your negative balance will be automatically reset. Even if you encounter multiple situations where Zero Cut is required in succession, the process is executed smoothly, so you can trade with peace of mind.
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26.09.2023
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When is the zero-cut policy enforced at Exness?
At Exness, a zero-cut is automatically executed when your account balance goes negative. No action is required on your part, allowing you to seamlessly move on to your next trade. Once you confirm that your account balance has been reset to zero, you can resume trading immediately by making a deposit or transferring funds from another account.
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26.09.2023
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Does Exness support the zero-cut system?
Yes, Exness supports the zero-cut system for all account types, and it applies to all tradable instruments. Furthermore, since Exness’s stop-out level is set at a 0% maintenance margin, proper risk management allows you to trade with the aim of generating significant profits while minimizing risk.
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26.09.2023
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Can I withdraw only swap points from Exness?
No, at Exness, you cannot withdraw swap points alone. Swap points are recorded as profit or loss along with foreign exchange gains (or losses) when a position is closed, and are reflected in your account balance. Swap points cannot be received or paid separately from open positions.
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14.09.2023
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How do I check the swap points on Exness?
On Exness, you can check the swap points by right-clicking on a currency pair in the "Market Watch" window of your MT4 or MT5 platform and selecting "Specifications" from the menu that appears. Swap points vary by instrument and may fluctuate depending on trading conditions and other factors, so please check them carefully before trading.
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14.09.2023
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Can I trade swap-free with Exness?
Yes, at Exness, you can trade many instruments on a swap-free basis. Eligible instruments include major FX currency pairs (excluding the DXY), select minor currency pairs, XAU/USD, USOIL, all cryptocurrency CFDs, and all stock index CFDs. You can trade these eligible instruments on a swap-free basis by default across all account types.
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14.09.2023