Exness continually finds ways to provide an environment with the lowest costs possible to its traders. It’s with this in mind that certain common market costs are eliminated so that traders can simply focus on their trades and trading strategies.
The cost saving feature is a representation of how much money a trader has saved with Exness; here’s how to find this feature:
- Log into your Personal Area.
- Open the Monitoring option from the main menu.
- Select the Cost saving statistics tab.
- Your cost savings will now be displayed.
What cost saving statistics are shown?
There are 3 types of savings displayed, representing the major ways in which Exness lowers cost to trading.
Exness covers all transaction fees that are charged by payment systems for deposits and withdrawals; with a few exceptions including miner’s fees for cryptocurrency based payment systems, deposits with USDT, and withdrawals with Perfect Money and Skrill.
The number shown here is how much you have saved from transactions made through Exness.
This is the net sum of all negative and positive swap charges that were covered by swap-free trading accounts; normally swap charges are applied on positions that are kept open overnight, but Exness will only charge swap on certain instruments.
The number shown here is how much swap charges have been negated by your swap-free trading accounts.
Negative balance protection
When a trading account drops below zero, usually through stop out, Exness compensates that amount and removes the debt. Exness offers negative balance protection as we perform a NULL operation on all accounts that have negative balance.
The number shown here is the amount of compensation that your trading accounts have received for the selected period of time.
Please note that this statistic is only displayed in a limited amount of Personal Areas, but plans for wider release are underway.