Exness Account Types
Exness offers several types of trading accounts that differ in minimum deposit, commissions, margin requirements, spreads, and leverage. Choosing the right account type is an important step for a trader, as it determines the instruments and strategies available for trading, as well as the overall efficiency of operations.
The main Exness account types are Standard (Standard, Standard cent), and Professional (Raw Spread, Zero, Pro). Additionally, there is a Demo account, which is well suited for those who are just starting to understand online trading. There is also an Islamic account available. For those exploring the possibility of trading with Exness, it is worth carefully reviewing each of these account types.
Account Type | Minimum Deposit | Spreads | Commission | Leverage | Best For |
---|---|---|---|---|---|
Standard | $1 | From 0.3 pips | No | Up to 1:2000 | Beginners |
Standard Cent | $1 | From 0.3 pips | No | Up to 1:2000 | Beginners with small trades |
Raw Spread | $200 | From 0.0 pips | $3.50 per lot per side | Up to 1:2000 | Experienced traders needing tight spreads |
Zero | $200 | 0.0 pips on 30+ instruments | $3.50 per lot per side | Up to 1:2000 | Scalpers and high-frequency traders |
Pro | $200 | From 0.1 pips | No | Up to 1:2000 | Professional traders preferring no commission |
Exness Standard Accounts
This type of trading account includes Standard Account and Standard Cent Account.
Standard accounts are great for all traders as they are the simplest and most affordable account types offered by Exness. These accounts have acceptable minimum deposits to get started, fixed spreads for the major currency pairs and metals, and leverage up to 1:2000 depending on the underlying asset.
The fixed spreads and standard leverage levels on Standard accounts make them easy to understand and suitable for employing most mainstream trading strategies. Whether you are a beginner learning the ropes or a more experienced trader looking for a solid everyday account, Exness Standard accounts provide a solid foundation for trading a variety of markets.
Standard Account
The Standard Account is very popular among traders due to its multifunctionality. It is suitable for both beginners and more experienced traders.
For beginners, the Standard Account is attractive because it has a fixed small spread and relatively low minimum deposits to open an account. This allows you to master the basics of Forex trading without risking significant funds.
At the same time, the Standard Account provides enough opportunities for professional trading. All major currency pairs, metals, oil, and indices are available here. You can use a variety of strategies for both short and long-term trading.
Account type | Standard |
Minimum Deposit | From $1, depending on the payment system |
Spread | From 0.2 pips |
Commissions | None |
Trading platforms | MT4, MT5 |
Available Instruments | Forex, metals, crypto, energy, stocks, indice |
Maximum leverage | 1:Unlimited |
Minimum lot size | 0.01 |
Maximum positions | Unlimited |
Margin call | 60% |
Order execution | By market |
Swap-free | Available |
The Standard Account at Exness is rightfully popular among traders with different experience due to the optimal combination of simplicity, reliability, and professional features.
Standard Cent Account
The Standard Cent trading account is designed for beginners who are just starting to get used to the Exness platform. This account allows you to trade on Forex in cent lots.
Account type | Standard Cent |
Minimum Deposit | From $1, depending on the payment system |
Spread | From 0.3 pips |
Commissions | None |
Trading platforms | MT4 |
Available Instruments | Forex, metals |
Maximum leverage | 1:Unlimited |
Minimum lot size | 0.01 |
Maximum positions | 1000 |
Margin call | 60% |
Order execution | By market |
Swap-free | Available |
The main advantage of Standard Cent is flexible management of trade volume and risks due to smaller lot sizes. This is ideal for beginners or those who want to try out trading strategies with minimal risk.
Comparison of Different Types of Exness Accounts
Exness offers traders a choice of several types of real trading accounts with a different set of features and trading conditions. Each of these types has its own differences.
Spread type. The Standard and Standard Cent accounts have a fixed spread, which makes it easier to calculate profits and losses when trading. Instead, Zero, Pro, and Raw Spread accounts have a floating spread, the size of which varies depending on market liquidity.
Spread size. The smallest spread is provided for Raw Spread and Zero accounts – from 0 pips in conditions of high liquidity. Standard and Standard Cent accounts have a fixed standard spread. Pro accounts have a variable spread in a wide range.
Leverage is available. For Standard and Standard Cent accounts, it is 1:2000. For Pro, Zero, and Raw Spread accounts, a higher leverage of 1:3000 is provided, which allows you to make a bigger profit on a trade.
A set of available instruments. The widest selection is available on Pro accounts: forex, CFDs, futures, bonds, and stocks. Only major currencies and metals are available on Standard accounts.
Minimum deposit. On Standard and Standard Cent accounts, it starts from $1, while professional accounts have a higher bar of $200.
How to Start Trading with Exness
Exness is one of the most convenient brokers to start trading on the financial markets. Opening an account and starting operations will not take long, just follow this algorithm:
- Register on the Exness website and choose a real account type. We recommend starting with the Standard account with a minimum deposit of $1.
- Fund your Exness account using more than 15 available payment systems. Funds will be credited instantly.
- Download Exness MetaTrader 4 or Exness MetaTrader 5 trading platform and set it up for convenient trading.
- Analyze the market and choose a currency pair or asset to trade. Open and close your first demo trade.
After that, you can start trading on a real account!
Exness Demo Account
A demo account from Exness is a great opportunity for beginners to learn trading without financial risks and losses. After a simple registration on the broker’s website, clients immediately receive $10,000 in virtual funds to their demo account, with full access to the MetaTrader 4 and 5 platforms.
The demo is available for any type of live trading account. They can be used to open trades, test trading strategies and platforms, and acquire the necessary skills.
You can also manage your demo account via Exness mobile application or Exness Web Terminal. Exness provides everything you need to develop serious trading skills without risks, which will help you avoid typical beginner mistakes in real trading.
Exness Islamic Account
Exness offers Muslim traders special Islamic accounts that comply with the principles of Islamic finance. Their main feature is the absence of swaps, as Islam forbids profiting from lending interest.
Islamic accounts do not have any other fees except for a symbolic conversion fee when depositing or withdrawing funds. Trading leverage of 1:1000 is available. Otherwise, they are identical to regular Exness accounts and are available in Standard and Pro versions.
This account was created to meet the religious needs of Muslims in Forex trading. This is an acceptable way for them to make a profit from transactions.
How to Choose the Right Account
Choosing the optimal type of trading account at Exness is an important step for a trader, as it will determine the conditions and opportunities for trading. Here are the key criteria that should guide your choice:
- Trading experience and skills
- Initial and planned investment amount
- Desired set of financial instruments
- Acceptable level of risks
- Availability of additional services and conditions
Beginners should start with Standard or Standard Cent accounts with a fixed spread and standard leverage. For professional trading, Pro, Zero, or Raw Spread accounts are suitable.
Taking these factors into account, each trader will be able to choose the most optimal Exness account for effective trading on terms that suit them.
In summary, Exness’s commitment to compliance with legal standards and regulations, along with its user-friendly Exness registration process, streamlined verification of Exness accounts, and flexible minimum deposit requirement, empowers traders to confidently pursue their trading goals. With a diverse range of account options tailored to individual preferences, traders can seamlessly optimize their trading experience on the Exness platform.
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FAQs about Exness Account Types
What type of Exness account is best for beginners?
For beginners, the Standard account is the best choice. It has a fixed small spread, standard leverage of 1:2000, and a minimum deposit of $1. This will make it easier to master trading.
What is the minimum deposit for a Standard Cent account with Exness?
The minimum deposit for opening a Standard Cent account is $1. This allows you to start trading cent lots with minimal investments.
What is the difference between Standard and Pro Exness accounts?
The main difference is in the type of spread (fixed vs. floating), commissions and minimum deposit, leverage, and the set of available instruments.
Is there a Demo account in Exness?
Yes, Exness provides a free demo account with $10,000 of virtual funds to practice trading without risks.
Is an Islamic account available at Exness?
Yes, for Muslim clients, there are specialized Islamic Standard and Pro accounts available, which are Swap-free and interest charges.