Exness account types
Exness account types
Exness, a renowned forex and CFD broker, provides South African traders with a user-friendly platform to access financial markets. In this guide, we'll walk you through the process of creating an Exness account, logging in, and troubleshooting any login issues you may encounter.
Exness Account Type Overview
Exness provides five primary account types, each tailored to suit different trading styles and preferences. Let's take a closer look at these account types and their unique features.
Exness offers a wide range of account types, all designed to suit a diverse range of trading styles. They are divided into two main types: Standard and Professional. Each account type offers its own set of conditions for commission, margin call, and leverage among many others.
Standard Accounts
Professional Accounts
Standard Accounts
- Standard
- Standard Cent
Professional Accounts
- Pro
- Zero
- Raw Spread
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Trading accounts created by clients registered with our Kenyan entity have fewer account currency options, maximum available leverage is 1:400, and trading on cryptocurrencies is unavailable.
Standard Exness Accounts
Standard accounts are recommended for all traders, as it is the simplest and most accessible account offered.
Includes the Standard Account and Standard Cent Account.
Includes the Standard Account and Standard Cent Account.
Standard
The Standard Account is designed for both beginners and experienced traders.
Minimum Deposit
Leverage up to
Trading Instruments
Comissions per lot/side
Exness Standard Account Spread
Minimum lot size
Maximum lot size
Maximum numbuer of positions
Hedged margin
Margin call
1 USD
1:Unlimited
Forex currency pairs, metals, cryptocurrencies, energies, indicies
No trading comission
0.3
0.01
7:00 - 20:59 GMT+0: 200 lots
21:00 - 6:59 GMT+0: 20 lots
21:00 - 6:59 GMT+0: 20 lots
Unlimited
0%
60%
Standard Cent
The Standard Cent Account is perfect for those new to trading or looking to test strategies with minimal risk.
Minimum Deposit
Leverage up to
Trading Instruments
Comissions per lot/side
Spread from
Minimum lot size
Maximum lot size
Maximum numbuer of positions
Hedged margin
Margin call
1 USD
1:Unlimited
Forex currency pairs, metals
No trading comission
0.3
0.01
200
1,000
0%
60%
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The maximum lot size specified is only to be observed while opening positions. Clients can choose any lot size while closing positions.
Exness Pro Accounts
Professional accounts stand out from all other account types available, as some offer instant order executions, and are recommended for more experienced traders.
Includes the Pro Account, Zero Account, and Raw Spread Account.
Includes the Pro Account, Zero Account, and Raw Spread Account.
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Note: The minimum initial deposit for Professional accounts is only required for the first deposit; you may deposit any amount more than the minimum requirements of your chosen payment system from then on.
Raw Spread
The Raw Spread Account is designed for experienced traders seeking tighter spreads and lower trading costs.
Minimum Deposit
Leverage up to
Trading Instruments
Comissions per lot/side
Spread from
Minimum lot size
Maximum lot size
Maximum numbuer of positions
Hedged margin
Margin call
200 USD
1:2000
Forex currency pairs, metals, cryptocurrencies, energies, indicies
Up to 3.5 USD
0.0
0.01
7:00 - 20:59 GMT+0: 200 lots
21:00 - 6:59 GMT+0: 20 lots
21:00 - 6:59 GMT+0: 20 lots
Unlimited
0%
30%
Zero
The Exness Zero Spread Account is suitable for advanced traders aiming for the fastest execution and lowest possible spreads.
Minimum Deposit
Leverage up to
Trading Instruments
Comissions per lot/side
Exness Zero Spread from
Minimum lot size
Maximum lot size
Maximum number of positions
Hedged margin
Margin call
200 USD
1:2000
Forex currency pairs, metals, cryptocurrencies, energies, indicies
From 3.5 USD
0.0
0.01
7:00 - 20:59 GMT+0: 200 lots
21:00 - 6:59 GMT+0: 20 lots
21:00 - 6:59 GMT+0: 20 lots
Unlimited
0%
30%
Pro
The Exness Pro Account is designed for professional traders and institutional clients seeking premium trading conditions.
Minimum Deposit
Leverage up to
Trading Instruments
Comissions per lot/side
Spread from
Minimum lot size
Maximum lot size
Maximum numbuer of positions
Hedged margin
Margin call
200 USD
1:2000
Forex currency pairs, metals, cryptocurrencies, energies, indicies
No trading comission
0.1
0.01
7:00 - 20:59 GMT+0: 200 lots
21:00 - 6:59 GMT+0: 20 lots
21:00 - 6:59 GMT+0: 20 lots
Unlimited
0%
30%
Differences Between Account Types
In this section, we'll highlight the key differences between the Exness account types to help you make an informed decision.
- Differences in Spreads
- Standard and Standard Cent Accounts have spreads starting from 0.3 pips.
- Raw Spread and Zero Accounts have spreads starting from 0 pips.
- Pro Account has spreads starting from 0.1 pips.
- Differences in Minimum Deposits
- Standard and Standard Cent Accounts require a minimum deposit of $1.
- Raw Spread, Zero, and Pro Accounts require a minimum deposit of $200.
- Differences in Commissions
- Standard, Standard Cent, and Pro Accounts have no commission on trades.
- Raw Spread and Zero Accounts charge a commission of $3.5 per lot.
- Differences in Trading PlatformsAll Exness account types support the MetaTrader 4 and MetaTrader 5 trading platforms, which are widely used and highly regarded in the forex trading community.
Choosing the Right Account
Selecting the right account type depends on your trading style, risk tolerance, and experience level. For beginners, the Standard or Standard Cent Account is recommended, while experienced traders may prefer the Raw Spread or Zero Account for lower spreads and faster execution. Professional traders and institutional clients may find the Pro Account more suitable due to its premium trading conditions.
How to Open an Exness Account
Opening an Exness account is a straightforward process:
- Visit the Exness website and click on "Register."
- Complete the registration form with your personal information.
- Verify your email and identity by providing the required documents.
- Choose your preferred account type and deposit funds.
- Download the trading platform and start trading.
Conclusion
Exness offers a range of account types to cater to the diverse needs of traders. By understanding the unique features of each account type - Standard, Standard Cent, Raw Spread, Zero, and Pro - you can make an informed decision that aligns with your trading goals and preferences. Always consider factors such as spreads, minimum deposits, commissions, and trading platforms when choosing the right account type.
FAQ
Which Exness account type is best for beginners?
The Standard or Standard Cent Account is best for beginners, as they offer a low minimum deposit, no commission, and user-friendly trading conditions.
Can I switch between account types on Exness?
Yes, you can switch between account types by opening a new trading account and transferring your funds.
Is Exness regulated?
Yes, Exness is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles.
Do Exness accounts have negative balance protection?
Yes, all Exness account types offer negative balance protection, ensuring your losses never exceed your account balance.
Which trading platforms does Exness support?
Exness supports MetaTrader 4 and MetaTrader 5 trading platforms, which are widely used and highly regarded in the forex trading community.