Exinity Review 2022 – Advanced Forex & CFD Trading In The Middle East

Exinity HeadlinesTrading PlatformAssetsFeesLeverageMobile AppsPayment MethodsRegulation & LicensingAdditional FeaturesAccount TypesExinity BenefitsExinity DrawbacksTrading hoursContact DetailsSafety & SecurityRestricted CountriesExinity VerdictFAQsAccepted CountriesAlternatives to Exinity

Exinity is a multi-asset online broker based in the UAE, the Middle East & North Africa (MENA). The broker is a new concept based on investing and trading, combining risk-driven speculation with convenient technology. Our review will cover the Exinity account types, capital requirements, trading platforms, customer contact details and more.

Exinity Headlines

Exinity is a part of Exinity Group, a new global wealth management organisation backed by 20 years of experience in trading and investment.

The Group is home to its retail businesses including Exinity, Alpari International and ForexTime (FXTM), with 2m+ clients worldwide.

Exinity (the name combines the word ‘exchange’ with the word ‘infinity’) encapsulates the brand’s core belief in trading – the exchange of value – as a vital engine of prosperity.

The company also runs the established FXTM and Alpari Group brokerage firms.

Exinity believes that the way to create returns over time is to combine longer term investments with short term higher risk trading that can give the potential for returns in any market conditions.

The broker provides opportunities in the Middle East through regulation from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi and the Financial Services Commission of Mauritius.

Trading Platform

Exinity offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading terminal options. Both are industry-recognised platforms available for free download to PC desktop devices and compatible to trade via all major web browsers.

MetaTrader 4

9 timeframes
Live news streams
Customisable charts
4 pending order types
Analysis of quote dynamics
MQL4 programming language
30+ built-in technical indicators
Access to Expert Advisors (EA’s)
Ability to overlay analytical objects
User-friendly, multilingual interface

MetaTrader 5

21 timeframes
One-click trading
Built-in virtual hosting
Copy-trading available
Integrated market news
4 order execution modes
Built-in economic calendar
35 built-in technical indicators
Sentiment and economic calendar
Set stop loss and Take Profit levels
Enhanced order management capabilities
Customisable charts, view up to 100 simultaneously
6 pending order types on MT5

Exinity MetaTrader 5 Platform

Both MetaTrader platforms are available in 10+ languages.

Assets

Exinity offers clients trading opportunities in assets in the below global markets:

Indices: speculate on 30+ index CFD’s, long or short
Stocks: CFD and Stock CFDs available on popular US and Honk Kong shares
Forex: 150+ FX pairs across major, minor and exotic currencies
Commodities: speculate on metals and energies including gold, silver, and oil

Cryptocurrency trading is not currently offered by Exinity.

Fees

The broker does not charge a commission for any trading activity across stocks, energies and indices. A $2 per lot commission applies on forex pairs and metals trades.

Exinity spreads are competitive, with ECN-level pricing. Typically these are 0 pips on major forex pairs like EUR/USD and USD/JPY. ECN spreads on US stocks are 3 pips on Apple and 20 pips for Visa trading. Contract specifications can be found on the broker’s website or directly on its trading platforms.

Traders can be assured of no additional account management and data fees if trades are executed at least once per month. The broker offers swap-free trading on positions held for up to 7 days.

Leverage

Exinity offers flexible leverage rates that can be selected at account opening. The maximum leverage opportunities vary by trading volume, though a breakdown of initial rates is given below.

Bear in mind that some financial jurisdictions may limit the maximum leverage you can access.

Also note that leverage will vary based on the notional value of the trade and market.

Major FX: 1:500
Minor FX: 1:200
Exotic FX: 1:100
Indices CFDs: 1:100
Commodities: 1:50
US Stock CFDs: 1:10

Mobile Apps

MetaTrader 4 and MetaTrader 5 are both available as mobile applications. The apps are free to download for Apple (iOS) and Android (APK) devices. The mobile apps do not quite offer the same functionality as the desktop clients, limiting some analysis tools, indicators and charting customisation options, though the overall functionality is very competitive for mobile platforms.

Exinity Mobile App

Payment Methods

Deposits & Withdrawals

This depends on the account.

Overall, traders can deposit and withdraw funds from an Exinity account using Neteller, credit and debit cards and bank transfers.

Exinity do not accept cash deposits.

Most payments happen instantly, but if a withdrawal or deposit via bank transfer this can take up to 5 days.

Regulation & Licensing

Exinity Group Limited has regulations across several countries of service. This includes authorisation by the Financial Services Regulatory Authority (FSRA) in the UAE to offer the Exinity Pro Trader platform.

Other regulatory approval includes from the Financial Conduct Authority (FCA) in the UK, Financial Services Commission (FSC) in Mauritius, and Capital Market Authority (CMA) in Kenya, East Africa. Exinity Ltd follows stringent compliance measures and traders should feel assured that client funds are held in segregated banks.

Additional Features

There are various additional education and analytical insights available to Exinity traders. This includes insightful commentary from expert analysts highlighting trade ideas and what’s driving current market conditions. The commentary also includes company news expectations and announcements.

Online workshops are available via the broker’s website. These are ideal for new and experienced traders, designed to build trading knowledge from market specialist knowledge.

A blog is available on the broker’s website for the latest news across the Exinity Group. Stay up to date with broker developments, market news, and economic publications.

Account Types

Exinity currently offers only one trading account: Exinity Trader Pro, the first product developed by Exinity Group. The account requires approval before you can begin trading. Base currencies are available in either USD or AED. Minimum deposit requirements are $10,000. Key features of Exinity Trader Pro are:

ECN pricing
Exclusive events
Flexible leverage
Scalping opportunity
Swap-free, halal trading
Negative balance protection
Market insight and analysis from experts
Personal account management from a dedicated team in Abu Dubai
Commission-free trading on stocks, energies, indices and stock CFDs

To open a Pro account you will need to provide identity verification, proof of address and evidence of net assets of at least $500,000. These may not be required if clients have sufficient trading experience or relevant industry documents. Applications are processed within 24 hours of completed documents being received by the broker.

Exinity Benefits

Mobile trading apps
24-hour customer support
Negative balance protection
Industry-established MT4 and MT5 access
Regulation across the jurisdiction of service
Flexible leverage with competitive ECN pricing

Exinity Drawbacks

No cryptocurrency trading
Commissions charged on forex pairs and metals

Trading hours

The brokerage follows standard office hours and 24-hour trading hours, Monday-Friday. However, these timings may vary by instrument. Exinity publishes upcoming changes to trading hours, including public holidays, on its website.

Exinity MetaTrader 4 Platform

Contact Details

Support is available  24 hours a day Monday – Friday, then 9am – 2pm on Saturdays, and 10am – 6pm on Sundays (All GMT).

Email: Visit the Contact Us page.
Contact Number: +971 2418 0300
Live Chat: logo at the bottom right of each webpage
Address: 16-104, 16 Floor, Al Khatem Tower, ADGM Square, Al Maryah Island, Abu Dubai, UAE

Safety & Security

The Exinity Group presents a high standard of security protocols in place for traders with positive reviews. Personal area and portal access are password protected. Secure login protection is present for the MT4 and MT5 platforms, with high-tech encryptions and industry-standard data privacy.

Restricted Countries

Note, the Exinity brand does not provide services to residents of the USA, Japan, Canada, Mauritius, Haiti, Hong Kong, Suriname, the Democratic Republic of Korea, Puerto Rico, and the occupied area of Cyprus.

Exinity Verdict

Exinity offers a competitive trading environment with an ECN pricing structure, industry-renowned platforms and swap-free, halal trading.

The Pro Service is advanced, and aimed mostly towards experienced traders, requiring evidence of trading experience and a large minimum deposit.

The broker is globally regulated and offers safety features like negative balance protection and personal account managers.

FAQs

What Trading Platform Does Exinity Offer?

Exinity offers industry-established MetaTrader 4 and MetaTrader 5 trading terminals. These boast advanced trading features, including technical indicators, customisable interfaces and sophisticated graphs and charts.

Is Exinity Regulated?

Yes, Exinity Limited is regulated by several established financial bodies. This includes the Financial Services Regulatory Authority (FSRA) in the UAE, the Financial Conduct Authority (FCA) in the UK, Financial Services Commission (FSC) in Mauritius and Capital Market Authority (CMA).

Can I Trade With Leverage With Exinity?

Exinity offers flexible leverage that can be selected at account opening. This can go as high as 1:500 for major forex pairs, though other assets have lower rates.

Does Exinity Group Have Global Presence?

Yes, the Exinity Group has a global presence, offering financial services to investors across the world. The broker’s network of offices includes Hong Kong, Yerevan in Armenia and Abuja, Nigeria.

What Customer Service Options Does Exinity Offer?

Exinity offers several customer support options available 24/7, Monday to Friday. This includes email, telephone and live chat via the website.

Accepted Countries

The Exinity brand does not provide services to residents of the USA, Japan, New Zealand, Canada, Mauritius, Haiti, Hong Kong, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus.

Alternatives to Exinity

If you are looking for alternatives to Exinity we have compiled a list of the top 5 brokers that are similar to Exinity below. This list of brokers like Exinity is in order of similarity and only includes companies that accept traders from your location.

Pacific Union – Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms.

Swissquote – Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.

BlackBull Markets – BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.

TMGM – TMGM is a competitive Australian forex and CFD broker with a wide range of instruments, features and tools provided at low-cost

Infinox – Infinox is a UK-based broker offering MT4 trading with tight spreads.

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