Search results for "Transactions": 106
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Does Exness impose leverage limits based on margin balance?
No, Exness does not impose leverage restrictions based on your margin balance; 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 margin requirements.
The required margin at Exness can be calculated using the formula: "Trade size ÷ 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 (deposit 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 a hedged position by buying and selling the same instrument on the same trading account, the required margin is 0 yen. If you trade different lot sizes on the buy and sell sides, the margin required is the difference between the two. Please note that trades between different trading accounts do not count as hedged positions.
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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 luxurious 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 at Exness?
Exness applies a progressive tax rate to annual profits, which increases in proportion to taxable income; income tax ranges from 5% to 45% depending on the amount of taxable income. Annual profits are combined with other annual gains or losses from overseas FX trading and income classified as miscellaneous income under the comprehensive taxation system. Taxable income is then calculated by deducting various deductions and necessary expenses from this total.
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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, while 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 Exness trading account 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 wish 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 will not be used to cover a negative balance in one account. By practicing proper risk management, you can minimize risk while enjoying high-return trading.
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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 multiple zero-cut events occur in succession, the system executes them smoothly, so you can trade with peace of mind.
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26.09.2023
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Please tell me when the zero-cut policy is applied 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 minimal risk while aiming for significant profits.
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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 exchange rate 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 can 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, 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. Swap-free 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 instruments on a swap-free basis by default across all account types.
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14.09.2023