About Exness — Terms With a Definition, Labels Without One · Bangladesh

A broker description is built from two kinds of words. A term such as CFD, spread, lot, leverage or commission carries a fixed definition and a consequence you can see on your own order ticket. A label carries neither, so there is nothing in it to check.

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100+ instruments · Founded 2008

A description of Exness, like any broker description, mixes two kinds of words. Terms — CFD, spread, lot, leverage, commission — each carry a fixed definition and a consequence that shows up on the order ticket. Labels carry no definition, so there is nothing in them to compare and nothing to read anywhere. The useful move is to take each label, name the quantity it was standing in for, and read that quantity where it actually lives. Exness has been operating since 2008, and the description below is written term by term rather than label by label.

Five words that carry a consequence

CFD — a contract on the price difference of an instrument. The consequence: nothing is delivered, a position is closed at a price, and holding it past the daily rollover has a carrying cost of its own.
Spread — the gap between the buy and the sell quote at one and the same moment. The consequence: a position starts that gap behind, and the gap is paid whether the trade later works out or not.
Lot — the contract size standing behind one unit of volume. The consequence: it turns a price move into money, so the same move is a different amount of money at a different volume.
Leverage — the ratio between the size of a position and the margin held against it. The consequence: it changes how much margin one position ties up; it does not change the size of the move.
Commission — a charge quoted per lot or per side, stated separately from the spread. The consequence: cost is the two of them added together, so neither number means anything alone.

Term, definition, and the thing it changes

Word	Definition it carries	What changes because of it	Where the value is read
CFD	A contract on the price difference, with no delivery of the instrument itself	Positions are closed at a price and carry a cost past the rollover	The instrument specification inside the platform
Spread	The distance between the buy and sell quote at one moment	The distance a position has to cover before it is level	The two quotes on the ticket, before the order is confirmed
Lot	The contract size behind one unit of volume	How much money one unit of movement is worth	The contract size field in the instrument specification
Leverage	The ratio between position size and required margin	How much margin a single position ties up	The margin figure shown on the ticket before placing the order
Commission	A charge quoted per lot or per side, apart from the spread	Total cost, which is spread and commission together	The cost structure of the account and the trade history

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Why a label passes unnoticed

A label survives the read because it sits in the grammatical position of a fact. Delete it and the sentence still stands, which is exactly the test: if removing a word changes no number and no action, that word was decoration.

Terms fail that test in a useful way. Remove the word lot from a sentence about position sizing and the sentence stops meaning anything, because the contract size is the thing that turns a move in price into an amount of money. That dependence is what makes a term a term.

This is why two descriptions can read very differently and describe the same account identically. The terms carry the description; everything around them is texture.

Turning a label back into a value

Every label was standing in for a quantity. Name the quantity first — a cost, a size, a delay, a limit — and the term for it usually names itself. A phrase about flexible sizing is standing in for the smallest volume an instrument accepts, which is a number printed in the instrument specification.

The second half of the move is knowing where the value is read. Some values belong to the instrument and are the same from any account: contract size, minimum volume, tick, quote precision. Others belong to the account and change with it: how the cost of a round turn is charged, and how small a position it will take. Reading the wrong place is the most common way a checked fact turns out to be the wrong fact.

Three words that are often collapsed into one

Balance, equity and free margin are three separate terms that a single label — the money in the account — happily replaces. Balance is what closed trades have left behind. Equity is that figure with open positions marked at their current price. Free margin is equity minus the margin already tied up by those positions.

The three move independently, and only one of them decides whether a further position can be opened at all. A description that uses the label instead of the term is not wrong; it is simply not saying which of the three it means, and the reader cannot recover the difference from the wording.

Checking one word before relying on it

Write the sentence out and mark every word that could be deleted without changing a number or an action.
For each marked word, name the quantity it was standing in for: a cost, a size, a delay or a limit.
Decide whether that quantity belongs to the instrument or to the account — the two are read in different places.
Read the value where it lives, and write down the moment of the reading next to it.
If a marked word cannot be traced to any quantity, leave it out of the comparison entirely rather than arguing with it.

Any figure quoted in a description, including on this page, is indicative and moves with the market; a reading describes the moment it was taken.

Label, the quantity behind it, and the term to look up

Label as written	Quantity it stands for	Term that names it
A modern platform	Steps between opening the platform and a placed order	The fields on the order ticket
Flexible sizing	The smallest volume an instrument will accept	Minimum volume in the instrument specification
Efficient costs	What one round turn removes from the account	Spread plus commission
A wide choice	Instruments the account can actually open	The instrument list in the platform
Serious tools	What can be drawn, saved and reopened on a chart	Chart templates and objects

Every entry in the right-hand column has a place where it is read. Every entry in the left-hand column has none.

Frequently asked questions

What makes a word a term rather than a label?

A term has a definition that does not change with the sentence, and a consequence that shows up somewhere you can look: an order ticket, an instrument specification, a trade history. A label has neither, so removing it from the sentence costs nothing.

Is founded in 2008 a term or a label?

Neither — it is a dated fact. Exness has been operating since 2008, which can be checked against a date, but it describes the history of the company rather than the behaviour of an account today.

How do you turn a label into something checkable?

Name the quantity the label was standing in for, decide whether that quantity belongs to the instrument or to the account, then read it in the specification or in the account's cost structure. If no quantity can be named, the label was decoration.

Does the word CFD change what a trader owns?

Yes. A CFD is a contract on the price difference, so the instrument itself is not delivered. The position is opened and closed at a price, and holding it past the daily rollover carries its own cost.

Why do spread and commission only mean something together?

They are two parts of one cost. A spread quoted without the commission alongside it, or a commission quoted without the spread, describes half of what a round turn removes from the account.

What is the difference between balance, equity and free margin?

Balance is what closed trades have left behind. Equity is the balance with open positions marked at their current price. Free margin is equity minus the margin those open positions already tie up — and it is the one that decides whether another position can be opened.