Exness Account Types

Main Types of Accounts Offered by Exness

Exness has two major account types, namely Standard and Professional. The standard account, with its low minimum deposits and competitive spreads, is just perfect for a complete novice. It offers novice traders access to a wide range of instruments, including forex, commodities, and cryptocurrencies, with the ability to start using minimal financial risk. This account type is very user-friendly and comprises all the tools necessary to get traders launched in the market.

Professional Account: It is a more advanced trader profile. For such an account, one receives advanced features and a tight spread. It is the less expensive option, and transaction costs are lower, including speedier execution times. It also provides the option to increase one’s leverage as needed or desired. The professional account offers the best trading conditions for developing one’s strategy and making smart choices. Each of them will enjoy equal access to trading instruments and trading platforms.

Standard Exness Accounts

Within the category of Standard accounts, Exness offers two variants targeted either at beginner traders who seek to be as risk-free as possible or simply for those who intend to begin with smaller risks. This kind of account gives access to basic trading tools and is really affordable for a very wide category of traders because of the minimum deposit requirement.

Standard Account

Standard Account is ideal for traders who are just starting. It offers flexible trading conditions with a low minimum deposit and competitive spreads.

• Low minimum deposit
• Access to forex, commodities, and cryptocurrencies
• Competitive spreads starting from 0.3 pips
• Leverage up to 1:2000

This account provides all the necessary features for new traders to enter the market with confidence, while still benefiting from the flexibility and reliability of Exness.

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Standard Cent Account

Standard Cent Account is perfect for those who want to trade with even smaller risks, as trades are conducted in cents instead of dollars.

• Very low minimum deposit
• All trades are in cents, ideal for testing strategies
• Access to forex and metals
• Leverage up to 1:2000

This account is excellent for beginners who want to practice trading in a real environment with minimal risk, making it a great stepping stone towards larger, more complex trades.

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Professional Exness Account

Exness has three types of professional accounts that offer tighter spreads, faster execution, and advanced features to professional traders. This account type provides even better trading conditions with more performance and flexibility for the trader.

Raw Spread Account

The Raw Spread Account is ideal for traders who want ultra-low spreads with a fixed commission.

• Spreads starting from 0.0 pips
• Low, transparent commission per trade
• Access to forex, metals, and more
• Leverage up to 1:2000

This account offers some of the best trading conditions with minimal spreads, making it perfect for traders focused on precision.

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Zero Account

Zero Account is designed for traders who prefer fixed spreads on most of their trades.

• Spreads starting from 0.0 pips
• No spreads on 30+ instruments
• Low commission per trade
• Leverage up to 1:2000

This account is perfect for those who need zero-spread trading, providing clear visibility on costs and perfect for scalping or high-frequency strategies

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Pro Account

Pro Account is best suited for traders who want zero commission with instant execution.

• Spreads starting from 0.1 pips
• No commission
• Instant trade execution
• Leverage up to 1:2000

This account offers excellent flexibility and competitive spreads, perfect for professional traders who value speed and efficiency in their trades.

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Islamic Exness Account

Exness Account Islamic was created for traders who follow Sharia law and prefer swap-free trading. This account type doesn’t charge any overnight interest fees; thus, it is fully compliant with the principles of Islamic finance. Thus, it’s available across all types of accounts, further ensuring that even while keeping in line with their faith, traders can benefit from the same trading conditions.

Key features of the Islamic Exness Account:

• No overnight swap fees
• Available for Standard and Professional accounts
• Access to all trading instruments, including forex, commodities, and cryptocurrencies
• Up to 1:2000 leverage

To the traders, the Islamic account offers full access to all various tools and features Exness offers without incurring any form of interest charges. The account is fair, transparent, and seeks to give the traders time to develop their strategies while standing by their beliefs over a comfortable period.

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Exness Demo Account

The Exness Demo Account allows traders to practice and train themselves with no risk, using virtual money. It simulates real-life market conditions and is intended for beginners eager to learn and for professional traders who want to try a new strategy. With a demo account, one can access all trading tools in a live account.

Key features of the Exness Demo Account:

• Absolutely free to use with virtual funds
• Real-time access to actual market conditions
• Full range of trading instruments
• Available on MT4, MT5, and the Exness mobile app

The Exness demo account is very useful for building up trading skills and confidence before entering a live account. You get to try out strategies, go over the available trading instruments, and ultimately get comfortable with the platform. Whether you’re just starting to trade or wanting to further hone your craft, the demo account offers that much-needed experience without any financial risk.

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Features of the Exness Account

Exness has several account types that can fit the goal of any trader, be it a beginner or a professional. All accounts share some features: freedom, accessibility of a huge amount of financial instruments, and high-quality customer support. A comparison of the key features of all Exness account types is provided below:

These are the features that make these accounts with Exness flexible and affordable for traders of all categories. Be it trading on a Standard account, testing a strategy on a Demo account, or professional trading, Exness promises a smooth and seamless process with high leverage, sharp spreads, and first-class support.

Who Should Use a Demo Account?

It is intended for those who would like to trade without any financial risk. This is quite useful and advisable for beginners, as this would allow them to learn the fundamentals of trading, practice strategies, or get themselves comfortable with the trading platform. Even more experienced traders might want to use the demo account as a test bed where they will try some new strategy, or get used to trading with new instruments.

Key reasons for opening a demo account:

• Beginners: learning trading concepts, strategies, and how to work with the trading platform.
• Professional traders: try new strategies or instruments with no risk.
• Practice risk management: Try different approaches to risk managing and apply it in a live environment.

The demo account builds confidence and gains experience, making it perfect for all levels of traders.

How to Open an Exness Account?

Opening an account with Exness is simple, fast, and easy, requiring only a few steps. This whole process is designed to be very quick and user-friendly, regardless of whether it is your first time trading or you are an expert trader.

Step-by-Step Guide

1. Visit the Exness Website: Go to the official Exness website.
2. Click on “Open Account”: This will take you to the registration page.
3. Enter Your Details: Provide your email address, set a password, and select your country of residence.
4. Choose Account Type: Select between Standard or Professional accounts, based on your trading needs.
5. Verify Your Identity: Upload the required documents for verification, such as ID or passport and proof of address.
6. Deposit Funds: Choose a deposit method and add funds to start trading.
7. Start Trading: Once your account is verified, you can access your trading platform and begin trading.

Following these steps will get you started on your trading journey with Exness. The platform offers flexible account options, a variety of trading instruments, and reliable support to ensure a seamless experience.

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Countries Where Exness Is Not Available

While Exness is an internationally recognized broker, it is not available in a lot of countries due to regulatory restrictions. These include the United States, Canada, Australia, Japan, and Israel, and a few other places where domestic regulations are not in favor of allowing the operation of Exness. Apart from this, in countries where international financial trading is severely restricted, Exness might not be available.

Before attempting to open an account, please check if your country is among those where the services of Exness are available. Normally, this information is provided on the broker’s official website, or you can ask their support team.

How to Choose the Best Exness Account?

The right choice of Exness account will depend on your experience, trading goals, and preferences. Each of the account types offers certain features that will suit traders at different levels, and it is worth considering which are most relevant to your own needs.

• Experience Level:
  • If you’re a beginner, the Standard Account or Standard Cent Account may be ideal due to their low minimum deposit and simple features.
  • Experienced traders might prefer the Professional Accounts, such as the Raw Spread or Zero Account, which offer tighter spreads and advanced tools.
• Trading Style:
  • Scalpers or high-frequency traders might benefit from accounts with tighter spreads like the Zero Account.
  • Swing traders or long-term investors may prefer accounts with more flexible spreads and no commissions, such as the Pro Account.
• Leverage Needs:
  • If you need higher leverage, check the maximum leverage offered by the account type, which can go up to 1:2000 on Exness accounts.
• Islamic Account Option:
  • If you require a swap-free option for religious reasons, make sure the account type you select is available as an Islamic Account.

By considering these factors, you can choose the Exness account that best fits your trading style, risk tolerance, and financial goals.

Advantages and Disadvantages of Exness Accounts

Within the Exness broker company, there exist different types of accounts for traders of various experience levels. Nevertheless, choosing an account with a broker like Exness includes both pros and cons.

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