- Overview of Exness Account Types
- Standard Accounts
- Professional Accounts
- Islamic Account on Exness
- Exness Demo Account
- How to Open an Exness Account
- How to Upgrade from Standard to Professional Accounts
- Choosing the Best Exness Account for You
- Pros and Cons of Exness Accounts
- Frequently Asked Questions (FAQs)
Overview of Exness Account Types
Exness has developed several account types to meet the needs of diverse traders. Here’s a quick comparison of the main accounts, from standard accounts with accessible entry requirements to professional accounts tailored for high-volume trading.
Account Type | Minimum Deposit | Spreads | Commission | Leverage | Execution Type | Trading Instruments | Best For | Key Features |
Standard Account | $1 (varies by region) | Floating from 0.3 pips | None (on most instruments) | Up to 1:2000 | Market Execution | Forex, Metals, Cryptos, Energies, Indices | Beginners and traders with low frequency | No commissions, low entry barriers |
Standard Cent Account | $1 (varies by region) | Floating from 0.3 pips | None | Up to 1:2000 | Market Execution | Forex, Metals | New traders, strategy testers, high-frequency traders | Low-risk environment with smaller lot sizes, trade in cents |
Pro Account | $200 | Floating from 0.1 pips | None (on most instruments) | Up to 1:2000 | Instant Execution | Forex, Metals, Cryptos, Energies, Indices | Experienced traders, swing traders | Tighter spreads, fast execution, commission-free on most trades |
Zero Account | $200 | 0.0 pips (on major pairs) | Fixed commission per trade | Up to 1:2000 | Market Execution | Forex, Metals, Energies, Cryptos | High-frequency, scalping, news traders | Zero spreads on key assets, predictable costs with fixed commission |
Raw Spread Account | $200 | 0.0 pips (on major pairs) | Fixed commission per trade | Up to 1:2000 | Market Execution | Forex, Metals, Cryptos | Day traders, scalpers, cost-sensitive traders | Ultra-low spreads, fixed commission, high transparency |
Main Types of Exness Accounts
The account types at Exness are divided into Standard and Professional categories, offering flexibility for all trading levels.
Standard Accounts
Standard accounts are ideal for those starting out or for traders who need flexibility with lower initial deposits. These accounts are straightforward and offer accessible trading conditions.
Exness Standard Account
The Standard Account is the most popular choice for new traders, as it combines ease of use with all the necessary tools for effective trading.
Features:
- Spread: From 0.3 pips
- Leverage: Up to 1:2000
- Minimum Deposit: Low, depending on payment method
- Execution: Market execution for reliable pricing
Exness Standard Cent Account
The Standard Cent Account is designed for new traders who want to practice with lower risk. It allows trading in cents, providing the experience of live trading without large investments.
Features:
- Trading Units: Cents, allowing micro-lot trades
- Spread: From 0.3 pips
- Minimum Deposit: Low, flexible
- Execution: Market execution with competitive spreads
Professional Accounts
For more experienced traders, Exness offers professional accounts with advanced features, tighter spreads, and tailored conditions for higher-volume trading.
Exness Pro Account
The Pro Account is suited for skilled traders who prioritize low spreads and instant execution. This account type is popular with those who trade in larger volumes.
Features:
- Spread: From 0.1 pips
- Leverage: Up to 1:2000
- Execution: Instant execution for better control
Exness Zero Account
The Zero Account provides zero spreads on popular currency pairs, which is a big advantage for traders who rely on tight pricing. It offers low commissions, making it ideal for precision trading.
Features:
- Spread: 0.0 on key pairs
- Commission: Low, varies by instrument
- Execution: Market execution with fast processing
Exness Raw Spread Account
The Raw Spread Account is ideal for scalpers and high-frequency traders who need the tightest spreads available.
Features:
- Spread: From 0.0 pips
- Commission: Fixed low rate per lot
- Execution: Market execution, ideal for fast-paced trading
Islamic Account on Exness
Exness offers Islamic accounts for traders who require swap-free trading in compliance with Islamic finance principles. These accounts are available for both Standard and Professional types and include no overnight swap fees.
Exness Demo Account
The Exness Demo Account is perfect for practicing and testing strategies without financial risk. This account mimics real trading conditions, allowing new traders to familiarize themselves with the platform before moving to a live account.
How to Open an Exness Account
Creating an account with Exness is a simple process. Here are the steps:
- Visit the Exness Website: Go to the Exness homepage.
- Click on “Open Account”: Enter basic details, including email and password.
- Complete Verification: Upload identification documents for verification.
- Choose Account Type: Select the type of account that suits your trading needs.
- Fund the Account: Add funds using one of the available payment methods.
After completing these steps, you’ll be ready to start trading on Exness.
How to Upgrade from Standard to Professional Accounts
If you’re ready to enhance your trading experience and move from a Standard to a Professional account on Exness, upgrading is straightforward. Here’s a step-by-step guide to opening a Professional account and what you need to know about the process
Choosing the Best Exness Account for You
When selecting an Exness account, consider factors like spreads, leverage, and execution speed based on your trading style. Here’s a closer look at what to consider:
Spreads
- Standard Account: Higher spreads, suitable for beginners.
- Professional Accounts: Lower spreads, ideal for experienced traders focused on scalping or day trading.
Leverage
- Standard Accounts: Higher leverage, allowing larger positions with a smaller margin.
- Professional Accounts: Flexible leverage, tailored to more experienced traders.
Execution Speed
- Standard Accounts: Market execution, reliable for all trading types.
- Pro Accounts: Instant execution, allowing for precise entry points, especially beneficial for short-term trading.
Pros and Cons of Exness Accounts
Here’s a summary of the advantages and limitations of Exness accounts to help you decide which one fits your needs.
Pros | Cons |
Wide variety of account types | Some accounts have higher minimum deposits |
Access to high leverage | Not available in all countries |
Swap-free (Islamic) accounts available | Professional accounts may be complex for beginners |
Instant and market execution options | |
Competitive spreads on key currency pairs |