This text was written by Paul Margarites, Exness Regional Business Director
Paul Margarites, Exness Regional Business Director
Transparency in buying and selling isn’t a advertising and marketing software however an ethical obligation. And in rising markets, like these in Sub-Saharan Africa, the place rip-off brokers proceed to take advantage of regulatory gaps and shopper inexperience, it’s additionally a aggressive benefit.
At Exness, transparency is embedded in our methods; it’s what our world fame is constructed on. It’s backed by real-time information, licensed operations, and product options that put management within the arms of merchants. In markets like Africa, this readability issues greater than ever.
Past branding–actual transparency in motion It’s simple to vow tight spreads and quick withdrawals. It’s far tougher to be constant along with your claims and decrease the effective print.
Exness is among the few brokers on this planet that publishes intensive operational metrics on its web site, together with tick historical past. These numbers are proof for purchasers and regulators that we ship what we declare. This stage of visibility additionally builds accountability, displaying how steady and dependable we’re, even throughout market volatility.
Why transparency issues in Africa
Rising markets appeal to innovation, however in addition they appeal to opportunism. The buying and selling sector in Africa has seen an increase in unregulated brokers utilizing aggressive ways to focus on first-time merchants. These companies go away purchasers disillusioned and harm the trade’s fame
That is the place transparency turns into a essential safeguard. African merchants are savvy–they’re mobile-first, data-literate, and more and more cautious about who they belief. By making key efficiency information public and working beneath native licenses comparable to our regulatory approvals from the FSCA in South Africa and the CMA in Kenya, we sign that we’re accountable not simply to purchasers, however to regulators and companions in every jurisdiction.
Tech-powers values
Incorporating transparency into our merchandise is a technical problem overcome by strong engineering and superior algorithms. On the spot withdrawals*, for instance, are powered by a posh infrastructure that ensures purchasers’ requests are dealt with on our aspect inside seconds.
Equally, our pricing methods are designed to maintain spreads tight and steady**, even for bigger commerce sizes and during times of excessive volatility. That is significantly necessary for African merchants who are sometimes extra delicate to value and danger. When buying and selling prices spike unexpectedly, it might probably influence complete methods.
Transparency extends to companions
Our strategy to transparency additionally strengthens our relationship with IBs (Introducing Brokers) and associates. When your income is linked to a dealer’s efficiency, you could belief that what’s promised matches what’s delivered. By giving our companions full entry to efficiency metrics and advertising and marketing analytics, we scale back friction and foster long-term collaboration.
Many companions in Africa are exhausting at work educating new merchants, rising communities, and bridging the hole between conventional finance and on-line buying and selling. They deserve a dealer who matches that dedication with readability and consistency.
The African fintech panorama is dynamic, complicated, and filled with alternative, however belief would be the deciding think about who thrives. For brokers to construct an enduring relationship in Africa, transparency should transcend mere gross sales converse. It should be embedded within the tech, seen within the numbers, and bolstered by means of licenses and native presence. At Exness, we imagine {that a} clear brokerage is a dependable one. And in rising markets, reliability is what builds futures.
* At Exness, over 98% of withdrawals are processed immediately (beneath 1 minute). Processing occasions might range relying on the chosen cost supplier.
** Spreads “Tightest spreads” seek advice from the tightest common spreads on Exness Professional accounts for XAUUSD, primarily based on information collected from 25 August – 7 September 2024. This comparability appears to be like on the common spreads throughout commission-free accounts from a number of brokers.
Spreads might fluctuate and widen as a result of components together with market volatility, information releases, financial occasions, when markets open or shut, and the kind of devices being traded.
This text was written by Paul Margarites, Exness Regional Business Director
Paul Margarites, Exness Regional Business Director
Transparency in buying and selling isn’t a advertising and marketing software however an ethical obligation. And in rising markets, like these in Sub-Saharan Africa, the place rip-off brokers proceed to take advantage of regulatory gaps and shopper inexperience, it’s additionally a aggressive benefit.
At Exness, transparency is embedded in our methods; it’s what our world fame is constructed on. It’s backed by real-time information, licensed operations, and product options that put management within the arms of merchants. In markets like Africa, this readability issues greater than ever.
Past branding–actual transparency in motion It’s simple to vow tight spreads and quick withdrawals. It’s far tougher to be constant along with your claims and decrease the effective print.
Exness is among the few brokers on this planet that publishes intensive operational metrics on its web site, together with tick historical past. These numbers are proof for purchasers and regulators that we ship what we declare. This stage of visibility additionally builds accountability, displaying how steady and dependable we’re, even throughout market volatility.
Why transparency issues in Africa
Rising markets appeal to innovation, however in addition they appeal to opportunism. The buying and selling sector in Africa has seen an increase in unregulated brokers utilizing aggressive ways to focus on first-time merchants. These companies go away purchasers disillusioned and harm the trade’s fame
That is the place transparency turns into a essential safeguard. African merchants are savvy–they’re mobile-first, data-literate, and more and more cautious about who they belief. By making key efficiency information public and working beneath native licenses comparable to our regulatory approvals from the FSCA in South Africa and the CMA in Kenya, we sign that we’re accountable not simply to purchasers, however to regulators and companions in every jurisdiction.
Tech-powers values
Incorporating transparency into our merchandise is a technical problem overcome by strong engineering and superior algorithms. On the spot withdrawals*, for instance, are powered by a posh infrastructure that ensures purchasers’ requests are dealt with on our aspect inside seconds.
Equally, our pricing methods are designed to maintain spreads tight and steady**, even for bigger commerce sizes and during times of excessive volatility. That is significantly necessary for African merchants who are sometimes extra delicate to value and danger. When buying and selling prices spike unexpectedly, it might probably influence complete methods.
Transparency extends to companions
Our strategy to transparency additionally strengthens our relationship with IBs (Introducing Brokers) and associates. When your income is linked to a dealer’s efficiency, you could belief that what’s promised matches what’s delivered. By giving our companions full entry to efficiency metrics and advertising and marketing analytics, we scale back friction and foster long-term collaboration.
Many companions in Africa are exhausting at work educating new merchants, rising communities, and bridging the hole between conventional finance and on-line buying and selling. They deserve a dealer who matches that dedication with readability and consistency.
The African fintech panorama is dynamic, complicated, and filled with alternative, however belief would be the deciding think about who thrives. For brokers to construct an enduring relationship in Africa, transparency should transcend mere gross sales converse. It should be embedded within the tech, seen within the numbers, and bolstered by means of licenses and native presence. At Exness, we imagine {that a} clear brokerage is a dependable one. And in rising markets, reliability is what builds futures.
* At Exness, over 98% of withdrawals are processed immediately (beneath 1 minute). Processing occasions might range relying on the chosen cost supplier.
** Spreads “Tightest spreads” seek advice from the tightest common spreads on Exness Professional accounts for XAUUSD, primarily based on information collected from 25 August – 7 September 2024. This comparability appears to be like on the common spreads throughout commission-free accounts from a number of brokers.
Spreads might fluctuate and widen as a result of components together with market volatility, information releases, financial occasions, when markets open or shut, and the kind of devices being traded.
