CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
Open Exness Account →

About Exness

Working with a broker is a sequence of waits of very different sizes. This page sorts the steps by the unit their clock runs in, and marks the ones nobody at a broker can shorten.

Open Exness Account →

100+ instruments  ·  Founded 2008

Working with a broker is a sequence of waits, and they are not the same size. Some steps close while the page is still open, some sit with a person for part of a day, and some hand off to something that moves once a working day. This page sorts the steps by the unit their clock runs in, and separates the ones a broker controls from the ones nobody at a broker can move.

The units every step is measured in

Which clock each step runs on

StepUsual unitWhat the clock waits onWhose side it sits on
Creating an account recordMinutesA form being accepted by softwareAutomatic once submitted
Having a document readHours to a working dayA person reaching it in a queueThe broker, once the file is legible
Money reaching the accountMinutes to working daysWhichever intermediary sits in the middleMostly outside the broker
A question receiving a first replyMinutes to hoursQueue position and staffed hoursThe broker
Installing and connecting a platformMinutesYour own machine and connectionYours
Deciding what to doUnboundedNothing external at allYours

Minutes, hours, working days: three different kinds of waiting

A step measured in minutes is a step handled by software alone. Nothing about it improves by being watched, and nothing about it depends on the hour of day. When such a step runs long it is almost never busy — it has stopped, and the correct response is to start it once more rather than to wait longer.

A step measured in hours has a person inside it. People work in shifts and in order of arrival, so the same step begun at different hours produces elapsed times that look nothing alike. That spread is not a quality problem; it is what a queue looks like from the inside, and it says nothing about the individual case.

A step measured in working days has left the account and joined something with its own calendar. It runs on business days, ignores weekends and holidays, and reports to nobody on this map. Its one useful property is predictability: begun at the same hour, it lands at roughly the same hour later on.

The waits a broker cannot shorten

Three of the waits on this map belong to the trader. The first is the quality of whatever gets uploaded: a file that is legible on the first attempt is read once, and one that is not is read twice with a round trip in between. The second is the machine — an install and a first connection are bounded by disk, network and whatever else the computer is doing. The third is the decision itself, which has no upper limit and no external cause.

A fourth sits with neither side. An intermediary in the middle of a transfer keeps its own cut-off, its own working calendar and its own queue. It is the single largest source of variance in the whole sequence, and it is worth learning once rather than re-discovering each time.

Sorting waits by owner changes what a delay means. A wait on your own side is an instruction to act. A wait on the broker's side is an instruction to let a normal duration finish. A wait on an intermediary is an instruction to look at a calendar rather than at an account.

Why the unit matters more than the number

The number inside a unit moves constantly. Queues lengthen and shorten, a check that usually takes an afternoon takes a morning, a batch runs early. None of that is worth tracking. The unit, by contrast, barely moves: a step that runs in minutes has run in minutes for years, and a step that runs on a working day has never once run in minutes.

That stability is what makes the unit usable as an alarm. A minutes-step that has taken an hour has failed. An hours-step that has taken an hour has not started yet. The same elapsed time reads as an emergency in one row of the map and as nothing at all in another.

It also settles when to act. Most of the effort spent chasing a step is spent inside the range where the step was always going to finish on its own. The effort that pays is spent on the small number of steps that have already left their range.

Where each clock is actually shown

None of these units are published as promises, and this page does not invent figures for them. What a step is currently doing, and what it is waiting on, is shown where the step lives: the account area for records and checks, the platform for anything to do with an order, and the intermediary's own channel for a transfer in transit.

Orders of magnitude are the honest level of detail. A step described here as taking minutes may take a fraction of one; a step described as taking a working day may finish the same afternoon. The map exists to tell a normal wait from a stalled one, not to predict a finishing time.

Reading a wait in six moves

  1. Name the step before naming the delay. Creating a record, having something read, moving money and getting an answer are four different clocks.
  2. Find the unit that step normally runs in — minutes, hours or working days — and compare the elapsed time with that rather than with your patience.
  3. Decide whose side the wait is on. Yours means act, the broker's means let it run, an intermediary's means check a calendar.
  4. Wait out the unit before doing anything. Inside the unit there is nothing to diagnose.
  5. If a minutes-step has run long, start it once more. Repetition is the right response to software and the wrong response to a queue.
  6. Write down when each step began. Without a start mark none of the above can be applied later.

Durations here are orders of magnitude for reading a wait, not commitments. The current state of any step is shown where that step lives.

What actually changes the length of each wait

WaitMakes it shorterMakes it longerChanges nothing
Creating a recordNothing — it is already the shortest stepA form rejected and retypedTrying again straight away
A document being readA legible file, complete at the first attemptA re-upload, which restarts the position in the queueWatching the status line
Money movingNothing on this side of itA cut-off missed by an hour, or a non-working dayRefreshing the account
An answer arrivingA question that carries its own contextA missing detail, which costs a whole round tripAnything done to the other rows
A decisionSettling in advance what would change your mindWaiting for information that will not arriveEvery step above it

Read the table by column: the third column is the only one anybody controls, and the fourth is where most of the effort usually goes.

Frequently asked questions

Which steps finish in minutes?
The ones handled by software alone: creating an account record, installing a platform and connecting it, and any change that only has to be written down rather than read by somebody.
Which steps run on a working day rather than on a clock?
Anything that has left the account and joined an external batch. Those move on business days, and weekends and public holidays are simply not counted.
How long should a step take before it counts as stuck?
Compare it with the unit it normally runs in rather than with a fixed number. A step that normally takes minutes and has taken an hour is stuck; a step that normally takes hours and has taken an hour has not started yet.
Which waits are not the broker's to shorten?
The quality of what you upload, the speed of your own machine and connection, whichever intermediary is holding a transfer, and the time spent deciding.
Does asking about a step make it move faster?
Asking reports on a step; it does not move it. The single exception is a step that is waiting on something you have not supplied yet.
Why are no exact durations printed here?
Because they change and are not published as commitments. An order of magnitude is enough to tell a normal wait from a stalled one, which is all this page is for.

Awards & recognition

Exness has been recognised at industry events organised by Finance Magnates and other bodies. Each entry links to the relevant Finance Magnates listing, where the award category, organiser and year can be verified. Awards refer to past events and are not a guarantee of future results — trading carries a high risk of losing money.

Related Exness pages