Account Types in Exness Broker

1. Standard Account

The Standard Account is designed with beginner and intermediate traders in mind, providing simple yet effective trading conditions. It comes in two subtypes: Standard and Standard Cent.

• Standard Subtype: This account features competitive spreads starting from 0.3 pips and zero commission on trades, making it a cost-effective choice. With a minimum deposit requirement of just $1 and leverage options up to 1:2000 (depending on the asset and region), it’s accessible for traders with limited capital.
• Standard Cent Subtype: Operating in cents, the Standard Cent account lets traders deposit small amounts, where $10 appears as 1000 cents in the trading balance. This approach is ideal for newcomers looking to practice with minimal financial exposure, as it replicates real trading conditions on a smaller scale.

Who is it for?
Ideal for beginner traders or those with smaller budgets looking for a straightforward trading experience without complex fees or commissions.

2. Pro Account

The Pro Account offers refined trading conditions for experienced traders, emphasizing tighter spreads and fast execution.

• Key Features: Starting with spreads from 0.1 pips and no commission on trades, the Pro Account also boasts instant order execution, a valuable feature for scalping and high-frequency trading.
• Execution and Leverage: Like the Standard Account, leverage extends up to 1:2000. The tighter spreads and instant execution give traders more control over trade pricing and reduce slippage.
• Minimum Deposit: Starting at $200, this account is a bit more exclusive, catering to traders who can invest more capital upfront.

Who is it for?
Suited to traders who prioritize high execution quality and are prepared to invest more capital to benefit from tighter spreads and advanced trading conditions.

3. Zero Account

As the name suggests, the Zero Account provides zero-pip spreads on key trading instruments, designed to minimize trading costs for those who rely on high-speed and low-cost strategies.

• Spreads and Commissions: With spreads from 0.0 pips on major currency pairs, this account charges a transparent commission per lot (amounts vary by instrument), enabling traders to clearly calculate their trading costs.
• Execution: Equipped with ultra-fast market execution, this account is particularly favored by scalpers and algorithmic traders.
• Minimum Deposit: A $200 deposit unlocks this account, with leverage available up to 1:2000.

Who is it for?
Traders focused on strategies where spread costs are critical, such as scalping, and those looking for predictable transaction costs.

4. Raw Spread Account

The Raw Spread Account provides professional-grade trading conditions, combining ultra-low spreads with a fixed commission structure.

• Pricing and Spreads: Starting from 0.0 pips, the Raw Spread Account offers direct market pricing with no spread markup. A fixed commission of $3.5 per lot per side makes it ideal for traders executing high volumes.
• Execution: Featuring market execution, this account minimizes slippage, ensuring access to the best market prices.
• Minimum Deposit: Requires a minimum deposit of $200.

Who is it for?
Suited to professionals who prioritize cost efficiency and trade in high volumes, with a need for low spreads and transparent costs.

5. ECN Account

The ECN (Electronic Communication Network) Account offers direct market access, allowing traders to interact directly with liquidity providers, providing a genuine interbank trading experience.

• Trading Conditions: With spreads as low as 0.0 pips and a commission of $2.5 per lot per side, this account is highly cost-effective for institutional traders and high-frequency traders.
• Leverage and Execution: Leverage is capped at 1:500 due to direct market access but is compensated by deep liquidity and precise, fast execution.
• Minimum Deposit: The ECN account requires a higher initial deposit of $1,000, positioning it as a premium account option.

Who is it for?
Ideal for experienced and institutional traders seeking interbank liquidity access, a conflict-free trading environment, and an emphasis on direct execution.

How to Open an Account with Exness Trading Broker

Starting your trading journey with Exness is simple and efficient. Exness is known for its user-friendly platform, extensive account options, and reliable trading conditions, making it a suitable choice for both beginners and seasoned traders. Here’s a step-by-step guide on how to open and verify an account, fund it, and begin trading.

Step 1: Visit the Exness Website

1. Access the Official Website: Go to the official Exness website at www.exness.com. Always verify the URL to avoid phishing sites.
2. Select Your Language: Exness supports multiple languages, so choose the one that you’re most comfortable with for easier navigation and understanding of the registration process.

Step 2: Begin the Registration Process

1. Click on “Open Account”: This button is prominently displayed on the homepage. Clicking it will take you to the registration page.
2. Provide Basic Information:
   • Country of Residence: Select your country. This may affect available account options and trading conditions.
   • Email Address: Use a valid email address, as you’ll need to verify it shortly.
   • Create a Strong Password: This should include a mix of letters, numbers, and special characters to meet security requirements.
3. Agree to Terms and Conditions: Carefully read the terms and conditions, then check the box to indicate your agreement before continuing.

Step 3: Verify Your Identity and Residence

Exness requires all users to complete a Know Your Customer (KYC) process, which is essential for account security and compliance with regulations.

1. Identity Verification:
   • Upload a clear image of a government-issued ID (passport, driver’s license, or national ID card).
   • Ensure that all details are visible and the document is valid.
2. Residence Verification:
   • Upload a document showing your residential address, like a utility bill or bank statement (must be less than six months old).
   • Make sure the document shows your name and matches the address provided during registration.
3. Wait for Approval: Verification can take from a few hours to a couple of days. Exness will notify you via email once the documents are approved.

Step 4: Fund Your Account

After verification, you’re ready to fund your account.

1. Log In to Your Personal Area: Use your registered email and password.
2. Select a Deposit Method:
   • Bank Transfers: Both local and international bank transfer options are available.
   • Credit/Debit Cards: Common options include Visa and MasterCard.
   • E-wallets: Options include Skrill and Neteller for faster transactions.
   • Cryptocurrencies: Exness supports Bitcoin and select other digital currencies.
3. Complete the Deposit: Choose the deposit method, input the amount (meeting any minimum deposit requirements), and follow the instructions. Deposits are usually processed instantly, though some methods may take up to 24 hours.

Step 5: Download and Set Up the Trading Platform

1. Choose Your Platform: Exness offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Exness Trader (its proprietary app).
2. Install the Platform: Download the platform suitable for your device from the Exness website and follow the installation guide.
3. Log In to the Platform: Use the login credentials sent to your email upon account creation, including your account number, password, and server details.

Step 6: Start Trading

Once logged into the trading platform:

1. Explore and Practice: Use the demo account option to practice trading with virtual funds if you’re new to trading.
2. Make Your First Trade: When you’re ready, choose your desired asset, specify position size, and execute the trade.
3. Monitor and Manage: Track your trades and use stop-loss and take-profit features as part of your risk management strategy.

Opening an account with Exness is a streamlined process that supports a variety of trading needs. By carefully following each step, you can start trading confidently, backed by Exness’s secure and transparent trading environment.

Terms of Deposit with Exness Broker

Exness provides a range of deposit options to suit various trader preferences and ensure a smooth experience. Understanding these terms can help traders make informed decisions about funding their accounts. Below is a breakdown of Exness’s deposit features, including methods, fees, security measures, and steps to initiate a deposit.

Deposit Methods and Processing Times

Exness offers flexibility in deposit methods, which vary based on the trader’s location. Commonly available options include:

• Bank Transfers: Can take a few hours to several business days, depending on the bank.
• Credit/Debit Cards: Typically processed instantly, allowing for quick access to trading.
• E-wallets: Options like Skrill, Neteller, and WebMoney often offer instant processing.
• Cryptocurrencies: For those preferring digital currencies, Exness accepts Bitcoin and other major cryptocurrencies, with transaction times varying based on network congestion.

While Exness itself does not charge deposit fees, certain payment providers may impose fees or exchange charges. Traders are advised to check with their chosen provider to understand any additional costs.

Minimum Deposit Requirements

Exness’s minimum deposit requirements are accessible for traders at various levels:

• Standard Accounts: The minimum deposit can be as low as $1, making it ideal for beginners or those testing the platform.
• Professional Accounts (e.g., Pro, Raw Spread, and Zero): These accounts typically require a higher minimum deposit, starting around $200, to meet the needs of experienced traders seeking advanced trading conditions.

This flexibility makes Exness accessible to traders with different budget sizes, allowing them to start trading with capital that suits their financial situation.

Security of Deposits

Exness places a strong emphasis on transaction security, utilizing advanced encryption protocols to secure all data exchanges. Key security features include:

• SSL Encryption: Protects information exchanged between clients and the platform.
• Two-Factor Authentication (2FA): Clients are encouraged to enable 2FA for added protection against unauthorized access.
• Compliance with International Standards: Exness adheres to regulatory standards, ensuring clients’ funds are handled securely and responsibly.

To ensure that client funds are protected, Exness also follows strict regulatory practices, including storing funds in segregated accounts separate from the broker’s operational funds.

How to Make a Deposit

To fund an Exness account:

1. Log In: Access your account through Exness’s secure login portal.
2. Navigate to the ‘Deposit’ Section: Select the preferred deposit method from the list available.
3. Enter the Amount: Input the amount, ensuring it meets the minimum requirements for your account type.
4. Confirm Transaction: Review the details and confirm. Most deposits reflect instantly, especially when using e-wallets or credit cards.

It’s recommended to keep track of all transaction confirmations for easy reference, as they can help resolve any issues if they arise.

Customer Support

Should any issues occur during the deposit process, Exness provides multiple support options, including live chat, email, and phone support. The 24/7 availability of support ensures that traders can receive assistance whenever needed, enhancing the reliability of the deposit process.

Download MT5 on Your Phone for Trading with Exness

The MetaTrader 5 (MT5) mobile app offers Exness traders the convenience of trading on the go with advanced tools and real-time access to market data. Here’s a step-by-step guide on downloading, setting up, and using the MT5 app on your mobile device.

Step 1: Download the MT5 App

1. For Android Devices:
   • Go to the Google Play Store.
   • Search for “MetaTrader 5.”
   • Click “Install” to download and wait for the app to install.
2. For iOS Devices:
   • Go to the App Store.
   • Search for “MetaTrader 5.”
   • Tap “Get” to download and install the app on your iPhone.

Step 2: Log in to Your Exness Trading Account

Once the MT5 app is installed:

• Existing Exness Users: Enter your Exness account credentials directly to log in.
• New Users: There’s an option to create an Exness account within the MT5 interface by providing your details and agreeing to terms and conditions. Ensure that all information entered is accurate for smoother transactions.

Step 3: Explore the MT5 Features

The MT5 app provides a comprehensive range of tools and resources for a seamless trading experience:

• Analytical Tools: Includes technical indicators, customizable charts, and real-time market analysis.
• Account Management: View account balances, track transaction history, and monitor open positions directly on your phone.
• Order Types: MT5 supports various order types (market orders, pending orders), allowing flexible and quick trading execution.
• Notifications: Enable push notifications for price alerts and updates on market news to stay informed about crucial market changes.

Step 4: Integrate Exness Account Types and Instruments

MT5 seamlessly integrates with Exness’s account types, enabling you to access a wide range of assets like forex, commodities, cryptocurrencies, and indices. This feature makes it easy for traders to diversify their portfolios and execute trades across multiple asset classes directly from their mobile device.

By leveraging the MT5 app, Exness traders can engage in dynamic trading from anywhere, armed with tools to respond quickly to market movements and execute their strategies efficiently.

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