Types of Exness Social Trading Accounts
Exness provides two types of social trading accounts to accommodate different experience levels and financial goals. These accounts offer flexible options, helping traders select strategies that fit their individual preferences.
Social Standard Account
This account is suited for beginners or those preferring lower-risk trading strategies. With a low minimum deposit, the Social Standard account is an accessible starting point that allows you to follow traders focused on stable returns.
| Account Type | Best For | Starting Balance | Risk Level |
| Social Standard Account | Beginners, conservative traders | From $10 | Low to moderate |
Social Pro Account
Designed for experienced traders, the Social Pro account has a higher minimum deposit and access to advanced trading strategies, potentially yielding higher returns with higher risk levels.
| Account Type | Best For | Starting Balance | Risk Level |
| Social Pro Account | Experienced traders, higher investments | From $200 | Moderate to high |
How to Start with Exness Social Trading
Starting with Exness Social Trading is simple and straightforward. Follow these steps to get set up and begin copying trades:
- Create an Exness Account: Register on the Exness website or mobile app.
- Verify Your Account: Complete the verification by providing identity and address documents.
- Fund Your Account: Deposit funds that meet the minimum requirement for your chosen account.
- Download the Exness Social Trading App: Available on both the App Store and Google Play.
- Choose a Trader to Follow: Browse trader profiles, reviewing their strategies and performance.
- Start Copying Trades: Decide on the investment amount, and the app will replicate the trader’s positions in your account.
Exness Social Trading App
The Exness Social Trading App simplifies copying trades by providing all the essential tools in one place. Key features of the app include:
- Trader Profiles: View each trader’s performance, risk level, and strategy overview to find a suitable match.
- Real-Time Updates: Receive instant notifications on the traders you follow, keeping you informed of market movements.
- Investment Control: Adjust the amount you’re investing in copied trades based on your risk tolerance.
- User-Friendly Design: The app is easy to navigate, making it accessible for all trading levels.
Selecting Traders to Copy: Strategies and Tips
Choosing the right trader to follow is crucial. Here are some practical tips to guide your selection process:
- Check Past Performance: Look for traders with a history of steady results, though past performance doesn’t guarantee future success.
- Assess Risk Level: Each trader profile shows a risk rating, so select one that aligns with your own risk comfort level.
- Match Investment Goals: Some traders aim for conservative gains, while others target high-risk, high-reward outcomes.
- Consider Trading Frequency: If you prefer less frequent activity, opt for traders who execute trades at a slower pace.
Cost of Copy Trading on Exness
Exness ensures a transparent fee structure in social trading. Here’s a summary of the typical costs involved:
| Cost Type | Description |
| Spread Fees | Included in each asset’s spread, factored into the trade price |
| Performance Fee | A percentage of profits, paid to the trader you’re copying |
| Overnight Fees | Applicable for positions held overnight, based on the asset type |
Note: Fees may vary by trader and instrument, so review each trader’s profile for specific details.
Becoming a Successful Trader-Leader on Exness Social Trading
Exness offers experienced traders the opportunity to become Trader-Leaders. By sharing your strategies with followers, you can earn performance fees from the profits of those copying you. Here’s how to build a following:
- Build a Consistent Track Record: Stable, positive results attract more followers.
- Provide Clear Strategy Descriptions: Outline your strategy, including risk and goals, to help followers understand your approach.
- Focus on Risk Management: Show that you can balance profit with safety, which builds trust among followers.
- Engage with Followers: Respond to questions and provide regular updates to maintain follower interest.
Benefits of Exness Social Trading
- Passive Income Opportunity: Earn from the markets without active trading by following expert strategies.
- Flexible Investment: Start with as little as $10 in the Social Standard account and adjust as you grow more comfortable.
- Expert Strategy Access: Gain insights from experienced traders and learn by observing their approach.
- Real-Time Tracking: Use the Social Trading app to monitor and adjust your investments anytime.
