Search results for “Transactions”: 106 items
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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 predetermined “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 the negative balance and resets it to zero, so you will never incur losses exceeding your account balance.
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28.11.2023
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Please tell me about 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 for the long and short positions, you will need to post margin equal to the difference between the two positions. Please note that trades conducted across different trading accounts do not constitute hedging.
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28.11.2023
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Does Exness trigger a forced liquidation if the margin maintenance ratio falls below 100%?
With Exness, you can continue to hold 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 0 yen. 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 file 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 obtain 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 apps, 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 from Exness subject to tax reporting?
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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Please tell me the tax rate applied to annual profits at 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 and losses from other overseas FX trading and income classified as miscellaneous income under the comprehensive taxation system. Taxable income is then calculated after deducting various allowances and necessary expenses.
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15.11.2023
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Please explain the circumstances under 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 USD, the maximum leverage is 1:2000; if it is between 30,000 and 99,999 USD, the maximum leverage is 1:1000; and if it is 100,000 USD 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 want to check, select "Account Information," and you will be able to view the leverage settings.
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11.10.2023
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Does Exness apply the zero-cut system even when hedging 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 money management, you can enjoy high-return trading while minimizing 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 based on amount and no 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 a series of situations requiring a Zero Cut, the process is executed 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 enforced at Exness.
At Exness, a zero-cut is automatically executed as soon as your account balance goes negative. No action is required on your part, allowing you to move seamlessly 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 goal of achieving 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. You cannot receive or pay swap points separately from open positions.
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14.09.2023
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Please tell me how to 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 the swap points 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 for swap-free trading 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