How to Open Account and Withdraw from Exness
How to Open an Exness Account
How to Open an Account on Exness
Open an Account on Exness
Step 1: Visit the Exness websiteTo start the registration process, you will need to visit the Exness website. On the homepage, click on the "Open account" button at the top right corner of the page.
Step 2: Fill in your personal details
After clicking on the Open account button, you will be directed to a registration form where you will need to provide your personal information:
- Select your country of residence.
- Enter your email address.
- Create a password for your Exness account following the guidelines shown.
- Tick the box declaring you are not a citizen or resident of the US.
- Click Continue once you have provided all the required information. Make sure you enter valid and accurate information, as you will need to verify your identity later.
Step 3: Choose your account type
Choose the type of account you want to open. Exness offers various account types, including demo accounts and real trading accounts with different features and trading conditions. Choose the account type that suits your trading needs and experience level.
A demo account is a practice account that allows you to trade in a simulated environment using virtual funds ($10,000). Exness offers a demo account to its users to help them practice trading and get familiar with the platform’s features without risking real money. They are an excellent tool for beginners and experienced traders alike and can help you improve your trading skills before moving on to trading with real money.
Once you’re ready to start trading with real funds, you can switch to a real account and deposit your money.
Once you have registered, it is advised that you fully verify your Exness account to gain access to every feature available only to fully verified Personal Areas.
Once your account is verified, you can fund it using various payment methods, such as bank transfer, credit card, e-wallet or cryptocurrency.
Open a Trading Account on Exness
When you create a new Personal Area on Exness, a real trading account and a demo trading account (both for MT5) are automatically created, but you also have the option to create additional trading accounts if needed1. Go to Personal Area to open more trading accounts.
2. From your new Personal Area, click the "Open New Account" button in the ‘My Accounts’ area.
3. Choose from the available trading account types, and whether you prefer a real or demo account.
Exness provides a variety of account types to accommodate different trading styles. These accounts are categorized into two primary types: Standard and Professional. Each account type has different features and specifications, such as minimum deposit, leverage, spreads and commissions.
4. On the next screen, you will be presented with several settings:
- Choose between a Real or Demo account, as well as select between MT4 and MT5 trading platform.
- Set your Maximum Leverage.
- You can choose the currency for your account (note that this cannot be changed once set).
- Create a nickname for this trading account.
- Set a trading account password.
- Once you have reviewed and are satisfied with your settings, you can click the "Create an Account" button.
5. Congratulations, you’ve opened a new trading account. Your new trading account will show up in the ‘My Accounts’ tab.
Exness Account Types
Exness offers a range of account types to suit different trading needs. These account types can be broadly classified into two categories: Standard and Professional. You can compare the account types and choose the one that suits your trading style and preferences.Standard Accounts
- Standard
- Standard Cent
- Pro
- Zero
- Raw Spread
Note: Trading accounts created by clients registered with our Kenyan entity have fewer account currency options, with a maximum available leverage of 1:400, and trading on cryptocurrencies is unavailable.
Standard Accounts
Feature-rich, commission-free accounts are a great fit for all traders, including beginners as it is the simplest and most accessible account offered. Highlights include market execution, stable spreads and no requotes.
Please note: Demo Accounts are not available for the Standard Cent account type.
Includes the Standard Account and Standard Cent Account.
| Standard | Standard Cent | |
|---|---|---|
| Minimum deposit | Depends on the payment system | Depends on the payment system |
| Leverage |
MT4: 1:Unlimited (subject to conditions) MT5: 1:Unlimited |
MT4: 1:Unlimited (subject to conditions) |
| Commission | None | None |
| Spread | From 0.3 pips | From 0.3 pips |
| Maximum number of accounts per PA: |
Real MT4 - 100 Real MT5 - 100 Demo MT4 - 100 Demo MT5 - 100 |
Real MT4 - 10 |
| Minimum and maximum volume per order* |
Min: 0.01 lots (1K) Max: 07:00 – 20:59 (GMT+0) = 200 lots 21:00 – 6:59 (GMT+0) |
Min: 0.01 cent lots (1K cents) Max: 200 cent lots 24 hours a day |
| Maximum volume of concurrent orders |
MT4 Demo: 1 000 MT4 Real: 1 000 MT4 combines both pending and market orders open concurrently. MT5 Demo: 1 024 MT5 Real: Unlimited |
Pending orders: 50 Market orders: 1 000 This amount combines both pending and market orders open concurrently. |
|
Maximum volume of a position |
Day time: 200 lots Night time: 20 lots |
Day time: 200 cent lots Night time: 200 cent lots |
| Margin call | 60% | 60% |
| Stop out | 0%** | 0% |
| Order execution | Market Execution | Market Execution |
*The maximum lot size specified is only to be observed while opening positions. Clients can choose any lot size while closing positions.
**Stop out level for Standard accounts is changed to 100% during the daily break hours of stock trading.
Professional Accounts
Accounts that meet the needs of the most experienced traders as it offers unique features such as instant order executions. Highlights: super low spreads or even spread-free, execution to suit scalpers, day-traders and algotraders.
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.
Includes the Pro Account, Zero Account, and Raw Spread Account.
| Pro | Zero | Raw Spread | |
|---|---|---|---|
| Minimum initial deposit* | Starts from USD 200 (depends on your country of residence) | Starts from USD 200 (depends on your country of residence) | Starts from USD 200 (depends on your country of residence) |
| Leverage |
MT4: 1:Unlimited |
MT4: 1:Unlimited |
MT4: 1:Unlimited |
| Commission | None |
From USD 0.2/lot in one direction. Based on the trading instrument |
Up to USD 3.5/lot in one direction. Based on the trading instrument |
| Spread | From 0.1 pips | From 0.0 pips** |
From 0.0 pips Floating (low spread) |
| Maximum number of accounts per PA |
Real MT4 - 100 Real MT5 - 100 Demo MT4 - 100 Demo MT5 - 100 |
Real MT4 - 100 Real MT5 - 100 Demo MT4 - 100 Demo MT5 - 100 |
Real MT4 - 100 Real MT5 - 100 Demo MT4 - 100 Demo MT5 - 100 |
| Minimum and maximum volume per order |
Min: 0.01 lots (1K) Max: 07:00 – 20:59 (GMT+0) = 200 lots 21:00 – 6:59 (GMT+0) = 20 lots (Limits are subject to instruments traded) |
Min: 0.01 lots (1K) Max: 07:00 – 20:59 (GMT+0) = 200 lots 21:00 – 6:59 (GMT+0) = 20 lots (Limits are subject to instruments traded) |
Min: 0.01 lots (1K) Max: 07:00 – 20:59 (GMT+0) = 200 lots 21:00 – 6:59 (GMT+0) = 20 lots (Limits are subject to instruments traded) |
| Maximum volume of concurrent orders | MT4 Demo: 1 000 MT4 Real: 1 000 MT4 combines both pending and market orders open concurrently. MT5 Demo: 1 024 MT5 Real: Unlimited |
||
|
Maximum volume of a position |
MT4 Demo: 1000 MT4 Real: 1000 |
MT4 Demo: 1000 MT4 Real: 1000 |
MT4 Demo: 1000 MT4 Real: 1000 |
| Margin call | 30% | 30% | 30% |
| Stop out | 0%*** | 0%*** | 0%*** |
| Order execution |
Instant****: Forex, Metals, Indices, Energies, Stocks Market: Cryptocurrency |
Market Execution | Market Execution |
The minimum deposit requirements vary by country of residence and must be met in a single deposit.
For example, if the minimum deposit for a Pro account in your country is USD 200, you need to make a deposit of USD 200 or more in a single transaction to start using the trading account. After this initial deposit, you can deposit any amount without further requirements.
The maximum lot size specified is only applied while opening orders, and any lot size is available while closing orders.
*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.
**Zero spread for top 30 instruments 95% of the day but can also be zero spread for other trading instruments 50% of the day depending on market volatility, with floating spread during key periods such as economic news and rollovers.
***Stop out level for Pro, Zero, and Raw Spread accounts is changed to 100% during the daily break hours of stock trading.
****Requotes for these instruments on a Pro account may occur. Requotes occur when there is a price change while a trader is trying to execute an order using instant execution.
Why Traders are Choosing Exness for Their Trading Needs
I will explain why you should open an account on Exness and what benefits you can enjoy as a trader.
- Regulated Broker: Exness is a regulated broker that operates under the supervision of reputable financial authorities, including the Seychelles Financial Services Authority (FSA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority (FCA), FSCA, CBCS, FSC, CMA. This ensures that the broker operates in a fair and transparent manner, providing a level of protection for traders’ funds. Exness segregates client funds from its own funds and provides negative balance protection to its clients.
- Range of Account Types: Exness offers a variety of account types to suit different trading styles and needs. Whether you are a beginner or an experienced trader, there is an account type that can cater to your trading preferences.
- Range of trading instruments: Exness offers a wide range of trading instruments, including forex, metals, cryptocurrencies, indices, stocks, energies and more.
- Various platforms: You can trade on various platforms, such as MetaTrader 4, MetaTrader 5, WebTerminal and mobile apps.
- Low Spreads: Exness is known for offering some of the tightest spreads in the industry. This can help traders reduce their trading costs and potentially increase their profitability.
- High Leverage: Exness provides high leverage on its accounts, which can enable traders to open larger positions with a smaller amount of capital. However, it’s important to note that leverage can also increase the risk of losses and should be used with caution.
- Trading Tools and Resources: Exness offers a range of advanced trading tools, resources, and features, including analytical tools, economic calendars, educational materials, and more, which can help traders make more informed trading decisions.
- Multiple Payment Options: Exness offers multiple payment options for deposits and withdrawals, including credit/debit cards, bank transfers, and e-wallets, and local payment systems, making it easy for traders to manage their funds.
- No commission on deposits and withdrawals: Traders can enjoy the convenience of depositing and withdrawing funds without incurring any additional fees, ultimately optimizing their trading experience.
- Multilingual Customer Support: Exness offers multilingual customer support, which can be especially helpful for traders who are not fluent in English. You can contact the support team 24/7 via live chat, phone or email in various languages.
How to Withdraw Money from Exness
Withdrawal Payment Methods on Exness
Exness offers a variety of payment methods for withdrawal, providing traders with flexibility and convenience. The available payment methods may vary depending on the region and account type. Here are some commonly supported withdrawal methods on Exness:
Bank Transfers
Traders can withdraw funds directly to their bank accounts. Bank transfers are reliable and suitable for large amounts, this method typically requires providing the necessary bank details, such as account number and account name. The processing time for bank transfers is usually within minutes or up to 24 hours.
Bank Cards
You can use Visa or Mastercard to withdraw funds from your Exness account. This is a convenient and secure option that allows you to receive your money directly to your bank account. Traders need to provide their card details and may need to complete any required verification processes. On Exness’ side, all withdrawal requests are processed instantly. Your withdrawal request is then sent to our card processors and your bank, and the whole process can take up to 5 business days for the funds to be reflected in your bank account. Usually, It takes in few hours.
Digital wallets (E-wallets)
You can use various e-wallets to withdraw funds from your Exness account, such as Skrill, Neteller, and others. Traders can link their e-wallet accounts to their Exness accounts and transfer funds securely. E-wallets are fast and easy to use, and they usually process withdrawals within a few minutes or up to 24 hours. The minimum amount for e-wallet withdrawals is $2 or equivalent, and the maximum amount depends on your e-wallet’s limits.
Cryptocurrencies
You can use Bitcoin or Tether to withdraw funds from your Exness account. Traders can provide their crypto wallet addresses to receive their funds. Cryptocurrencies are decentralized and anonymous, and they allow you to transfer money across borders without intermediaries. The processing time for cryptocurrency withdrawals is usually within 24 hours, but it may vary depending on the network congestion and confirmation speed. The minimum amount for cryptocurrency withdrawals is $10 or equivalent, and the maximum amount depends on your account balance.
As you can see, there are many options to choose from when it comes to withdrawing funds from your Exness account. You should consider your personal preferences, needs, and circumstances when selecting a payment method.
Traders should also be aware that some payment methods may have associated fees or charges. These fees can vary depending on the method. Exness provides transparent information about withdrawal fees on its website, enabling traders to make informed decisions.
Exness Withdrawing Money Rules
Be aware of these general rules for withdrawing funds:
- The amount you can withdraw at any time is equal to your trading account’s free margin shown in your Personal Area.
- When making a withdrawal, it is necessary to use the same payment system, account, and currency that were used for the initial deposit. If multiple payment methods were used for deposits, withdrawals should be proportionally distributed among those payment systems. Exceptions to this rule may be considered with account verification and guidance from our payment specialists. If you encounter any difficulties in withdrawing using the same local payment method used for the deposit, please contact Support for further assistance.
- Prior to withdrawing any profits from your trading account, it is mandatory to request a full refund of the initial deposit amount made through your bank card or Bitcoin.
- Withdrawals must follow the payment system priority; withdraw funds in this order (bank card refund request first, followed by bitcoin refund request, bank card profit withdrawals, then anything else) to optimize transaction times.
To help you understand how these general rules work together, we’ve provided an example as they are very important:
Suppose you have made a total deposit of USD 1,000 into your account, consisting of USD 700 via a bank card and USD 300 through Skrill. Consequently, you’ll only be allowed to withdraw 70% of the total withdrawal amount with your bank card and 30% through Skrill.
Let’s assume that you’ve earned USD 500 and wish to withdraw everything, including profit:
- Your trading account has a free margin of USD 1 500, making up the total of your initial deposit and subsequent profit.
- You will first need to make your refund requests, following the payment system priority; i.e. USD 700 (70%) refunded to your bank card first.
- Only after all refund requests are complete can you withdraw profit made to your bank card following the same proportions; USD 350 profit (70%) to your bank card.
The payment priority system is an essential rule without exception that Exness follows to comply with financial regulations and prevent money laundering and potential fraud.
How to Withdraw Money from Exness: Step-by-Step Guide
Before withdrawing money from Exness, traders must complete all required account verification procedures, such as providing identification documents and proof of address to ensure the security and integrity of the trading platform.
Once the necessary verification has been completed, traders can initiate the withdrawal process.
2. Next, you need to choose the payment method that suits you best.
3. Enter the amount that you want to withdraw.
4. To confirm the transaction, please enter the 2-step verification code that has been sent to you via email or SMS.
5. You also need to provide some details, such as your bank account number, card number, e-wallet address, or crypto wallet address. Depending on the payment method.
6. Wait for your funds to be processed and deposited into your chosen account.
Finally, you need to wait for the withdrawal request to be processed by Exness and the payment provider. The processing time may vary depending on the payment method and the amount of money. Exness strives to process all withdrawal requests as quickly as possible. Usually, it takes from a few minutes to 1 day for the money to reach your account.
In addition, traders should be aware that some withdrawal methods may incur fees or other charges, which can vary depending on the method selected. Exness provides detailed information on the fees and processing times for each withdrawal method on our website, allowing traders to make informed decisions when choosing a method for withdrawing their funds.
Discover the Top Advantages for Easy Fund Access and Efficient Trading
There are several advantages to using the withdrawal services provided by Exness. These advantages contribute to a seamless and convenient trading experience for traders. Here are some key advantages:
Any time: You can withdraw money at any time, on any day, including weekends and public holidays. This grants you round-the-clock access to your funds, eliminating the need to wait for business hours or bank processing times.
Wide Range of Payment Methods: Exness provides multiple payment options for withdrawals, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies. This allows traders to select the most convenient and suitable method for their needs.
Fast Processing Times: Exness strives to process withdrawal requests efficiently and promptly, allowing traders to quickly access their funds. Processing times may vary based on the payment method and account verification requirements, but Exness generally aims for timely processing.
Transparency and Clarity: Exness provides transparent information regarding withdrawal fees, processing times, and any limitations associated with each payment method. This transparency allows traders to make informed decisions and plan their withdrawals accordingly.
Security Measures: Exness places a high priority on the security of traders’ funds and implements strong security measures to safeguard transactions and personal information during withdrawals. This helps to maintain the safety and integrity of traders’ funds.
Global Availability: Exness serves traders globally by offering withdrawal services in multiple currencies and supporting various payment methods. This allows traders from different regions to conveniently withdraw their funds using their preferred method and local currency.
Responsive Customer Support: Exness is known for its responsive customer support, which can assist traders with any queries or concerns related to the withdrawal process. Traders can reach out to the support team through various channels, such as live chat, email, or phone, to receive timely assistance.
As you can see, using withdrawal on Exness has many benefits for forex traders who want to access their funds quickly and easily.
How long does Exness Withdrawal take
The withdrawal processing time on Exness depends on the payment method you choose and the status of your account verification. Generally, withdrawals are processed within 24 hours on business days. However, some payment methods may take longer to process due to the bank’s or payment provider’s policies. You can check the status of your withdrawal request in the Withdrawal History section of your Personal Area.
Exness Withdrawal Fees
You can also enjoy low or zero fees and commissions on your withdrawals, as Exness does not apply charges, your credit card provider, bank or payment system may apply a transaction fee or commission that is beyond our control.
