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About Exness — and the Four Duties That Stay Yours · Kenya

An account is a relationship with two sides. Four of the obligations sit on the holder's side alone, and no other party can discharge them.

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100+ instruments  ·  Founded 2008

An account creates duties on both sides, and four of them cannot be handed to anyone else: the details on file have to describe the holder correctly, the sign-in has to stay with one person, the decision to send an order belongs to whoever sends it, and the reasons behind that decision exist only if the holder writes them down. The platform records what happened; the part explaining why is not in it.

The four that transfer to nobody

Four duties, and what a lapse in each one costs

DutyWhat the account keeps for youWhat a lapse looks like
Details that match the documentThe details exactly as they were typedA later check compares two names and stops on the difference; the account stays limited until the entry is corrected
Sole control of the sign-inAn open session, and a record of everything done inside itActions taken by somebody else in that session are recorded as the holder's own, with nothing to distinguish them
An unadvised decisionThe order, the fill and the timeAn order sent on someone else's suggestion settles against the balance of the person who sent it, and nowhere else
A written reasonPrice, size and timestamp — never a reasonA month later there is a list of numbers and no way to tell a plan from an impulse
Details kept currentWhatever was saved lastA request made later is checked against a description that no longer fits the person making it

Why these four cannot be delegated

Almost everything else about an account is done for the holder. Prices arrive, orders are matched, statements are assembled, the interface remembers where each window was left. The four duties on this page are different in kind: each depends on knowledge that exists only inside the holder's own head or inside the holder's own drawer, and no amount of automation reaches it.

That is why they are worth naming once, at the start. They are not rules imposed by anyone; they are simply the parts of the arrangement that have no other candidate. A duty with no candidate has a habit of going unperformed until the moment it is needed, which is usually the moment when performing it is no longer possible.

The difference between a record and a reason

An account is very good at recording. It keeps the instrument, the direction, the size, the price and the second at which each of those was fixed, and it keeps them without being asked. What it never keeps is the sentence that came before the click.

Reading a list of positions from six weeks ago is therefore a strange experience: every fact is present and the point of the exercise is missing. Two entries that look identical in the record may have been a planned trade and a distracted one. Only a note written at the time separates them, and a note written afterwards is a reconstruction rather than evidence.

A lapse rarely announces itself

None of the four failures makes a sound when it happens. A wrong middle name sits quietly in a form for months. A session left open on a shared computer looks exactly like a session that was closed. A decision taken on somebody else's confidence feels, at the moment of taking it, like a decision.

Each of them surfaces later, at a point chosen by circumstance rather than by the holder — during a check, after a device is lost, when a run of results has to be explained to nobody but yourself. The easiest time to attend to any of the four is a quiet one, which is to say now rather than then.

A short review of your own side

  1. Open the personal details held on the account and read them against the document you would present if asked — every field, including the ones that are easy to skim.
  2. Confirm that the mailbox tied to the account is one you still control, and that the device receiving the second factor is one you still hold.
  3. Sign out of any session on a machine that is not yours, rather than closing the window and assuming the same thing happened.
  4. Write down, for each open position, the sentence that would let you recognise your own reasoning in a month.
  5. Repeat the review whenever an address, a document or a phone changes — those three go stale without any warning.

None of this is a formality: each item is a duty that has no second owner.

Frequently asked questions

What happens if the details on an account do not match the identity document?
The two are compared when the account is checked, and a difference stops the check rather than resolving in the holder's favour. The account stays limited until the entry is corrected, so the easiest moment to fix a spelling or a date is before it matters.
Who carries a decision that was made on somebody else's advice?
Whoever sent the order. Advice can be taken from anywhere, but the instruction arrives from one account and settles against one balance, and there is no second party to appeal to once it has filled.
Does the platform keep a record of why a trade was placed?
No. It keeps the instrument, the direction, the size, the price and the time. The reasoning behind the decision is not one of the fields, which is why it has to be written down separately if it is to survive at all.
Can sign-in details be shared with someone in the household?
Actions taken inside a session are attributed to the account holder, and nothing in the record distinguishes one pair of hands from another. Sharing access moves the ability to act without moving any of the responsibility for it.
How often should the details held on an account be reviewed?
Whenever something behind them changes — an address, an identity document, a phone number or a mailbox — and once in a while regardless, because a detail that has gone stale gives no sign of having done so.

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