How to Open Account on Exness

How to Open an Account on Exness

How to Open Exness Account

Step 1: Visit the Exness website

To 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:
 

1. Select your country of residence.
2. Enter your email address.
3. Create a password for your Exness account following the guidelines shown.
4. Tick the box declaring you are not a citizen or resident of the US.
5. 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.

How to Create 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 needed

1. 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

Professional Accounts

• 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) = 20 lots (Limits are subject to instruments traded)	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 MT5: 1:Unlimited (both subject to conditions)	MT4: 1:Unlimited MT5: 1:Unlimited (both subject to conditions)	MT4: 1:Unlimited MT5: 1:Unlimited (both subject to conditions)
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.

1. 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.
2. 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.
3. Range of trading instruments: Exness offers a wide range of trading instruments, including forex, metals, cryptocurrencies, indices, stocks, energies and more.
4. Various platforms: You can trade on various platforms, such as MetaTrader 4, MetaTrader 5, WebTerminal and mobile apps.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.

 

Unlocking Trading Opportunities: Seamlessly Open Your Exness Account

The process of opening an account on Exness is the initial step towards accessing a diverse range of financial markets. By following the registration process diligently, users gain access to a platform offering various trading instruments and tools, setting the stage for their journey into the world of online trading.