Ecosystems

Question 1

State and explain our guiding principle for the Payments Ecosystem.

Payments Ecosystem

Answer 1

Your money is yours. Period.
Our responsibility must be to release funds entitled to the trader upon request and as soon as possible. At Exness, we believe it makes no sense to create barriers between a trader and their funds.

Question 2

What makes Instant Withdrawals possible in Exness?

Payments Ecosystem

Answer 2

We analyse real-time data points to assess deviation from “normal” behaviour. What translates in that we do all the work BEFORE customer will start a withdrawal. By work we mean 24/7 AML and AFC monitoring.

Question 3

Explain the 3 stages of 24/7 AML/AFC checks.

Payments Ecosystem

Answer 3

Stage 1: Deposit. We check the Deposit does not come from third party accounts, and that the deposit amount is in relation to client’s economic profile. We investigate suspicious activity there.
Stage 2: Trading. we do not allow withdrawals without trading activities. If a client can make profits using opportunistic trading strategies, or they beat our anti-fraud systems, we do not stop them from withdrawing, and we improve our systems.
Stage 3: Withdrawal. If everything is okay and as it should be in the first 2 stages, we can say that any profits generated by clients is legitimate.

Question 4

What is the main reason that other brokers can’t offer Instant Withdrawals?

Payments Ecosystem

Answer 4

Competitors do their anti-fraud check on the moment of withdrawal which leads to delays and obstacles in the process.

Question 5

What does better-than-market conditions mean? Name any 3 better-than-market conditions we provide.

Trading Ecosystem

Answer 5

Better-than-market is not the same as better than our competitors, rather that you cannot find these conditions in the real market. We do everything to increase retention, loyalty and advocacy for traders.
- High leverage.
- Low stable spreads.
- Swap-free.

Question 6

What does ‘Market Impact’ mean? Explain 2 reasons why it happens.

Trading Ecosystem

Answer 6

Market Impact means that when there is an increase in order size, there is an increase in the spread.
This can happen due to insufficient liquidity or the broker’s risk appetite.

Question 7

Is there any Market Impact in Exness? If YES why? If NO why?

Trading Ecosystem

Answer 7

We provide a no Market Impact solution.
Exness is its own liquidity provider giving clients access to a very deep liquidity pool. This means that clients can enjoy extremely low and stable spreads that do not depend on the order size. Exness does not increase the spread as the order increases.

Question 8

What does insufficient liquidity and risk appetite mean in relation to Market Impact?

Trading Ecosystem

Answer 8

Insufficient Liquidity: occurs when a broker lacks the resources to handle all clients’ trades, leading them to increase the spread as a way to discourage large orders.
Risk Appetite: determines their willingness to take on risks. To mitigate risk, some brokers increase spreads to discourage clients from trading larger positions or more frequently.

Question 9

How fast are trades executed in Exness?

Trading Ecosystem

Answer 9

80% of all orders are executed in less than 25ms.

Question 10

What is the core principle of our Trading Ecosystem?

Trading Ecosystem

Answer 10

We never delete or amend any trades.

Question 11

What happens when we detect a market abuse?

Trading Ecosystem

Answer 11

We will still pay the client, we try not to block his account, we will learn our lesson to improve our pricing and execution engine.

Question 12

State 3 ways we continue to improve our Trading Conditions.

Trading Ecosystem

Answer 12

Better execution of stop orders.
No holding time, fastest execution.
Best possible prices for major instruments.

Question 13

What are the core principles and pillars of our Partnership Ecosystem?

Partnership Ecosystem

Answer 13

Core Principle: Be a good business partner and good partners will come to you.
Pillars: We pay for every order. No fine print.
Payday everyday.
We are fair and transparent.
You bring the clients - We keep them for longer.

Question 14

Explain what we mean by “We pay for every order. No fine print.” How do our competitors compare?

Partnership Ecosystem

Answer 14

Our competitors claim they pay more commission than us, but this comes with strings attached like the order should be open for at least 5 minutes, or client should at least have 5 close trades.
We pay on every open trade starting from the first trade with any position size no matter the result.

Question 15

What are the 2 goals in 2023 for Partner Commission payouts?

Partnership Ecosystem

Answer 15

1. Remove manual processing entirely.
2. Introduce real-time partner payouts direct to their account.

Question 16

How do we prove our transparency in relation to our Partnership Ecosystem?

Partnership Ecosystem

Answer 16

We value trust with our partners, so we invested a lot in being transparent on the partners PA.
With the data we give to IBs, they can independently review our commission calculations, comparing the history of client orders against our tick history.

Question 17

Lower spread mean more revenue for Partners and Exness in the long-term? How is this possible?

Partnership Ecosystem

Answer 17

Low spreads allows us to attract and retain more clients. It means bigger trading volume, longer client lifetime, and better customer satisfaction.
As clients trade more, Exness earns more money through spreads and commissions.
As Exness earns more, our partners also earn more commission

Question 18

State the Partner benefit of each of the 4 pillars of the Partnership Ecosystem.

Partnership Ecosystem

Answer 18

We pay for every order. No fine print. | Predictable profit from every client.
Payday everyday. | Stable, reliable cash flow.
We are fair and transparent. | Trusted relationship.
You bring the clients - We keep them for longer. | Growing loyal client base.