Brokerage company Exness: types of accounts
Brokerage company Exness invites clients to choose an account that best suits the needs of traders. Today the company offers four types of accounts that can be used by beginners, professionals and experienced traders.
Creating an account with Exness
Before choosing the type of account and account type, respectively, a trader should carefully read the user agreement with the broker, the notice of possible risks and legal information. Knowing the rules and restrictions will allow avoiding mistakes in interaction with the broker and the trading platform.
If the rules are clear to you, you can start creating an account:
on the official website of Exness click on the link "Create an account" or "Register";
enter your name, phone number, e-mail address, and region of residence in the pop-up window. For residents of some countries registration in Exness may be limited;
confirm that you agree to the rules and data of the questionnaire;
follow the link in the letter that will be sent by the administrators of Exness, enter your login and password for authorization, go to your cabinet.
Your account does not have detailed characteristics yet. They should be specified in your office when choosing an account type.
We advise you to upload photos of your identity documents to the broker's website in advance. That can speed up the process of verification of your account.
Choosing an account type in Exness
In the "Accounts" section of the Personal Cabinet, the broker will offer a choice between four types of active accounts. It is possible to use a demo account in advance. It will allow users to work out the method of trading on the market without financial expenses. If you are more interested in making money, proceed to the choice of an active account.
Exness standard account is suitable for beginner traders. Its difference - the minimum amount of the first deposit - 1 USD.
The leverage provided by broker - 1:2 000 for MetaTrader 5 platform. Leverage in MetaTrader 4 is not limited.
Spread - 0.3.
Indices, cryptocurrencies, metals, energy resources and currency pairs are available for trading here. Maximum volume of lots - 20. Margin Call - 60%.
No commission is charged.
Please note! Exness Cent account is available on the MetaTrader 4 platform. It allows trading in micro-lots. Minimum deposit - 1 USD, available account currency - USC, EUC, GBC, CHC, AUC. Exness cent account bonus - unlimited leverage.
Raw spread account is suitable for experienced traders who prefer tight spreads.
The minimum entrance fee is 200 USD. The commission for one lot is fixed - 3,5 USD.
The maximum number of positions is not limited.
Margin Call - 30%.
Zero account opens zero spreads for 30 currency pairs during 95% trading day.
The minimum entry fee is 200 USD. Commission for one lot is fixed - 3,5 USD.
A maximum number of positions is not limited.
Margin Call - 30%.
Please note! Leverage is unlimited for both types of accounts on the MetaTrader 4 platform.
Pro account - is an account with immediate order execution. No commission is charged here. Spread - 0.1. Margin Call - 30%.
This account is suitable for traders who have no doubts about their decisions and are confident in the success of the transaction.
Base your choice of Exness trading account on the assessment of your experience in Forex trading, available funds and the proposed strategy.
Minimum and maximum contributions to the trading account, the size of spreads and commissions, the speed of order execution depend on the type of account in Exness.
Work with the account is available after registration in the personal cabinet of the trader on the official website.
Carefully choose an account type with a focus on a long-term perspective and developed a trading strategy.