Exness Account Types
Exness provides various trading accounts with differences in minimum deposit, commissions, margin requirements, spreads, and leverage. Selecting the appropriate account type is a crucial decision for a trader, as it dictates the instruments and techniques accessible for trading, as well as the overall operational effectiveness.
Exness offers two major account types: Standard (Standard, Standard cent) and Professional (Raw Spread, Zero, Pro). Moreover, there is a Demo account designed for individuals who are new to online trading. Additionally, there is an Islamic account option. Individuals considering trading with Exness should thoroughly examine each of the account kinds available.
Exness Standard Accounts
This trading account category comprises the Standard Account and Standard Cent Account.
Standard accounts are ideal for all traders because they are the most basic and cost-effective account options provided by Exness. The accounts require a minimum deposit to begin, offer fixed spreads for key currency pairs and commodities, and provide leverage up to 1:2000 based on the underlying commodity.
Standard accounts have predefined spreads and normal leverage levels, making them straightforward and appropriate for implementing common trading methods. Exness Standard accounts offer a strong basis for trading various markets, suitable for both novice and experienced traders.
Standard Account
The Standard Account stands out in the trading community for its versatility, making it a preferred choice for both novice and seasoned traders alike. It’s especially appealing to newcomers because it offers a low and fixed spread, coupled with the advantage of minimal initial deposits. This setup is perfect for those looking to get acquainted with the Forex market without the pressure of investing a large sum of money.
Moreover, the Standard Account doesn’t fall short when it comes to catering to the needs of experienced traders. It grants access to a wide range of trading assets, including all the major currency pairs, precious metals, oil, and various indices. Whether you’re interested in short-term or long-term trading, the account supports numerous strategies to suit your trading style.
| Type | Standard |
| Minimum Deposit | Starts at $1, varies by payment method |
| Spread | Begins at 0.2 pips |
| Commissions | Zero |
| Trading Platforms | MT4, MT5 |
| Available Trading Instruments | Forex, metals, cryptocurrencies, energy products, equities, indices |
| Maximum Leverage | Up to unlimited |
| Minimum Transaction Size | 0.01 lots |
| Maximum Open Positions | No limit |
| Margin Call | 60% |
| Execution Type | Market |
| Swap-Free Option | Yes |
The Standard Account at Exness is popular with traders of varying skill levels because it offers a balanced mix of simplicity, reliability, and professional features.
Exness Standard Cent Account
The Standard Cent trading account is tailored for novice users who are in the initial stages of familiarizing themselves with the Exness platform. This account enables you to engage in Forex trading using cent lots.
| Type | Standard Cent |
| Minimum Deposit | Starts at $1, with variations based on the chosen payment method |
| Spread | Begins at 0.3 pips |
| Commissions | Zero |
| Trading Platform | MT4 |
| Trading Instruments | Forex and precious metals |
| Leverage | Up to unlimited |
| Minimum Lot Size | 0.01 lots |
| Maximum Open Positions | Up to 1000 |
| Margin Call | Set at 60% |
| Execution Type | Market orders |
| Swap-Free Accounts | Available |
Due to its smaller lot sizes, Standard Cent offers the primary benefit of adjustable trade volume and risk control. This is the best option for novices or those looking to experiment with low-risk trading methods.
Professional Exness Accounts
Exness Professional Accounts are designed for seasoned traders who require cutting edge features and ideal circumstances for aggressive trading on financial markets. Pro, Zero, and Raw Spread accounts fall under this category. When compared to ordinary Standard accounts, they offer several benefits.
Specifically, variable and typically smaller spreads are available with Professional Accounts, which is particularly beneficial for traders who execute a lot of transactions. There is also the option for higher leverage of up to 1:3000. Exotic currency pairs and stocks can be traded.
Raw Spread Account
Professional traders looking for the best forex trading circumstances are the target market for this kind of account. The minimum spread, which begins at 0 pips, is the primary benefit of the Raw Spread Account.
| Type | Raw Spread |
| Minimum Deposit Requirement | $200 |
| Spread | Starts from 0 pips |
| Commission Charges | $3.5 per traded lot |
| Supported Trading Platforms | MT4, MT5 |
| Trading Instruments Available | Forex, stock CFDs, precious metals, and commodities |
| Leverage Ratio | Up to unlimited |
| Minimum Trade Size | 0.01 lots |
| Position Limits | No maximum |
| Margin Call Level | 30% |
| Execution Style | Market execution with no requotes |
| Option for Swap-Free Accounts | Yes |
People who use scalping methods or who compete in trading contests will benefit the most from the Raw Spread Account because it gives them the best price efficiency for their trades.
Exness Zero Account
Account Zero is a forex trading account with no spreads on 30 of the best trading products. It’s made for traders with a lot of knowledge.
One more good thing about this account is that you only need to deposit $200 to begin trading. On other sites, you need to deposit thousands of dollars. Because of this benefit, it’s easy to see why traders like Exness so much: they can trade like they have a Zero Account without spending a lot of money.
| Type | Zero |
| Minimum Deposit | $200 |
| Spread | 0 pips |
| Commissions | As low as $0.2 per lot on each side |
| Trading Platforms | MT4, MT5 |
| Available Trading Assets | Forex, precious metals (gold and silver), oil, and various indices |
| Leverage | Up to unlimited |
| Minimum Trade Size | 0.01 lots |
| Position Caps | None |
| Margin Call Level | 30% |
| Trade Execution | Market |
| Swap-Free Option | Yes |
There is only one Zero Account in all of ECN. It is the best way to get the most exact prices and quick liquidity when you are trading.
Exness Pro Account
It’s good for skilled investors and traders who have a lot of experience trading. This is because the Pro Account has a floating spread that changes all the time and can drop to 0 pips if the market is very open. By doing this, you can get the best prices for purchases. Also, the available leverage of 1:1,300 opens up more ways to make money compared to Standard accounts.
You can trade millions of dollars with this kind of trading account without having to pay the company any fees.
| Type | Pro |
| Minimum Deposit | $200 |
| Spread | As low as 0 pips |
| Commissions | Zero |
| Trading Platforms | MT4, MT5 |
| Trading Instruments | Forex, CFDs on futures, bonds, stocks, and more |
| Leverage | Up to unlimited |
| Minimum Trade Size | 0.01 lots |
| Position Limit | No maximum |
| Margin Call | 30% |
| Execution Method | Market |
| Swap-Free Accounts | Available |
A distinctive feature of the Pro Account is the inclusion of a personal manager, offering tailored professional assistance and account customization for optimal trading performance. Exclusive access to Pro trading signals from Exness specialists further enhances its appeal.
So, Exness Pro Account is the best option for ambitious traders who want the most professional and flexible dealing conditions on the financial markets.
How the Different Types of Fitness Accounts Compare
Exness provides a variety of real trading accounts, each designed to cater to the different needs and strategies of traders. Here’s a concise comparison:
Spread Type:
- Standard and Standard Cent Accounts feature fixed spreads, simplifying profit and loss calculations.
- Zero, Pro, and Raw Spread Accounts offer floating spreads that adjust based on market liquidity.
Spread Size:
- Raw Spread and Zero Accounts boast the lowest spreads, starting at 0 pips in high liquidity conditions.
- Standard and Standard Cent Accounts come with a standard fixed spread.
- Pro Accounts offer a variable spread that can fluctuate widely.
Leverage:
- Standard and Standard Cent Accounts provide leverage up to 1:2000.
- Pro, Zero, and Raw Spread Accounts offer higher leverage, up to 1:3000, enhancing potential profit margins.
Available Instruments:
- Pro Accounts have the broadest range of instruments, including forex, CFDs, futures, bonds, and stocks.
- Standard Accounts limit offerings to major currencies and metals.
Minimum Deposit:
- Standard and Standard Cent Accounts are accessible with a minimum deposit of $1.
- Pro, Zero, and Raw Spread Accounts require a minimum deposit of $200, targeting more experienced traders.
How to Begin Trading on Exness
Starting to trade with Exness is a straightforward process, designed for ease and accessibility. Here’s a step-by-step guide to get you up and running:
- Registration: Begin by signing up on the Exness website. You’ll need to select a real account type; for newcomers, the Standard account is a solid choice, especially since it requires a minimum deposit of just $1.
- Deposit Funds: Exness supports over 15 payment systems, offering you a variety of ways to fund your account. The process is quick, with funds typically credited to your account instantly.
- Download Trading Platform: Choose between MetaTrader 4 or MetaTrader 5 for your trading platform. After downloading, spend some time configuring it to suit your trading preferences for a more personalized experience.
- Market Analysis: Before diving into real trading, take a moment to analyze the market. Pick a currency pair or another asset you’re interested in and open a demo trade. This practice run will help you get familiar with the trading process without any risk.
- Start Real Trading: Once you feel comfortable with your practice trades, you’re ready to begin trading on your real account.
This method ensures you’re well-prepared to navigate the financial markets with Exness, providing a seamless transition from learning to actual trading.
Demo Account for Exness
For newbies, a demo account from Exness is an excellent way to start trading without having to worry about losing money. Clients receive $10,000 in virtual cash to their demo account instantaneously upon completing a brief registration process on the broker’s website, along with complete access to the MetaTrader 4 and 5 platforms.
You can use the demo with any kind of live trading account. They can be used to test trading platforms and techniques, open transactions, and gain the required expertise.
Additionally, you can use mobile applications to manage your sample account. Exness gives you all the tools you need to gain competent trading abilities risk-free, enabling you to steer clear of common blunders made by novices while engaging in actual trading.
Exness Islamic Account
Exness provides unique Islamic accounts that adhere to Islamic financial rules to merchants who are Muslims. Their primary characteristic is the lack of swaps because Islamic law prohibits making money from lending interest.
A symbolic conversion fee is the only additional charge associated with Islamic accounts when making deposits or withdrawals. A 1:1000 trading leverage is offered. They come in Standard and Pro versions and are otherwise the same as standard Exness accounts.
To accommodate Muslims’ religious requirements in Forex trading, this account was made. They are allowed to profit from trades in this manner.
How to Select the Appropriate Account
Selecting the best kind of Exness trading account is a crucial first step for a trader since it will define the terms and trading opportunities. These are the main factors that ought to influence your decision:
- Trading experience and skills
- Initial and planned investment amount
- Desired set of financial instruments
- Acceptable level of risks
- Availability of additional services and conditions
Standard or Standard Cent accounts with a fixed spread and standard leverage are the best options for beginners. Pro, Zero, or Raw Spread accounts work well for skilled traders.
Each trader will be able to select the best Exness account for efficient trading on terms that work for them by taking these elements into consideration.
Exness Account Types FAQs
What type of Exness account is best for beginners?
For newcomers, the Exness Standard account emerges as the top option. It features a low fixed spread, a leverage ratio of 1:2000, and only requires a $1 minimum deposit, simplifying the learning curve for trading.
What’s the least amount required to open a Standard Cent account at Exness?
Just $1 is needed to begin trading with cent lots, offering a low-cost entry point.
How do Standard and Pro accounts at Exness differ?
The key distinctions lie in the spread type (fixed versus variable), the required minimum deposit, commission fees, leverage options, and the assortment of accessible trading instruments.
Does Exness offer a Demo account?
Indeed, Exness makes available a demo account endowed with $10,000 in virtual funds for risk-free trading practice.
Can Muslim traders find an Islamic account option at Exness?
Yes, Exness caters to Muslim clients with specific Islamic Standard and Pro accounts, providing a Swap-free experience without interest charges.
