How to Verify Account on Exness

What is Account Verification?

Account verification is the process of confirming your identity and address with Exness by providing some documents. This is required by the regulatory authorities that oversee Exness’s operations, such as the Financial Services Authority (FSA) of Seychelles and the Cyprus Securities and Exchange Commission (CySEC).
 

Benefits of Verifying Your Exness Account for a Hassle-Free Trading Experience

Verifying your account has several advantages, such as:

• Enhancing your security: By verifying your account, you can protect yourself from identity theft and fraud, as well as comply with the anti-money laundering (AML) and know your customer (KYC) policies of Exness.
• Higher withdrawal limits: Verified accounts have higher withdrawal limits, making it easier to manage larger transactions.
• Accessing more payment methods: Some payment methods, such as bank transfers and e-wallets, are only available for verified accounts.
• Full access to trading features: Verified accounts enjoy complete access to Exness’ trading features, including deposits and withdrawals funds, participate in promotions, and utilize advanced trading tools.
• Faster transactions: Verified accounts can enjoy faster transaction processing times, allowing for quicker deposits and withdrawals.
• Improving your customer service: Verified accounts can enjoy faster and more efficient support from the Exness team.

 

How to Verify your Exness account: Step-by-Step Guide

When you register your Exness account, you have to complete an Economic Profile and submit Proof of Identity (POI) and Proof of Residence (POR) documents. We need to verify these documents to ensure that all operations on your Exness account are performed by you, the genuine account holder.
 

Verifying your identity and address is a crucial step that Exness takes to maintain the security of your account and financial transactions. This process is just one of the many measures implemented by Exness to ensure the highest levels of security.

Let us take you through the steps:

1. Verify Email and your Phone Number

1. Log in to your Personal Area on the Exness website or app.

2. Click on the yellow "Complete profile" button located at the top right corner of the page.

3. Verify email.

• Click on the "Send me a code" button.
• Enter the verification code that was sent to your email.
• Hit Continue.

4. Verify Phone Number

• Enter your phone number and then click on the "Send me a code" button.
• Enter the verification code that was sent to your phone.
• Hit Continue.

2. Fill in personal information

Fill in your details like name, gender, date of birth, and address. Then, click the "Continue" button.

3. Complete the Economic Profile

After verifying your personal information, the next step in the verification process is to complete your economic profile. This involves answering some fundamental questions about your source of income, industry or profession, and trading experience. Once you have filled in all the necessary details, click "Continue" to proceed with the verification process.

4. Verify your Identity

Identity verification is an essential measure that we take to prevent identity theft and fraudulent activities.

To verify your identity:

1. Select the country of issue of your Proof of Identity (POI) document and then select the document.

2. Make sure the document meets the below requirements:

• It is clear and readable.
• All four corners are visible.
• Any photographs and signatures are clearly visible.
• It is a government-issued document.
• Accepted formats: JPEG, BMP, PNG, or PDF.
• Each document size should not exceed 64 MB.

3. Upload the document and click the yellow "Submit document" button.

After submitting your document, it will be reviewed and your account status will be updated automatically. You will receive an email confirmation once your Proof of Identity document is successfully verified. At this point, you may proceed with verifying your residence or choose to do so at a later time.

5. Verify your Residence

Once your Proof of Identity (POI) is uploaded, you can proceed to upload your Proof of Residence (POR).

For your Proof of Residence (POR), you will need to provide a different document than the one submitted for your Proof of Identity (POI). For instance, if you used your Identification Card for POI, you may use your utility bill (electricity, water, gas, Internet bill) to verify your Proof of Residence (POR).


Your document will be reviewed and your account status will be automatically updated.

How long does it take to Verify an Account on Exness?

You should receive feedback on your submitted Proof of Identity (POI) or Proof of Residence (POR) documents within minutes, but it may take up to 24 hours per submission if the documents require advanced verification (a manual check).
 

Note that you can submit your POI and POR documents at the same time. If you prefer, you can skip uploading your POR and do it later.

 

Account limitations when Exness account is not verified

The verification process requires providing Exness with information about yourself, including:

• Proof of Identity
• Proof of Residence
• An Economic Profile (in the form of a survey)

Limitations are placed on accounts not fully verified depending on the information provided to, and verified by, Exness.

Limitations:

With only a registered email address and/or phone number and personal information form completed:

• Trading accounts have a maximum deposit total of USD 2 000.

With a registered email address and/or phone number, personal information form, Economic Profile and Proof of Identity provided:

• Trading accounts have a maximum deposit total of USD 50 000.

In all cases, you have a 30-day limit within which to fully verify your account, or all deposits, transfers, and trading functions are deactivated until the verification process is completed

A Personal Area only needs to be fully verified once, so it’s highly recommended to do so.

Conclusion: The Significance of Verifying Your Exness Account for Safe and Accessible Trading

Verifying your account on Exness is a crucial step towards ensuring the security and safety of your trading activities. By verifying your identity and residence, you not only comply with the regulations and laws but also gain access to all the trading features offered by Exness, including deposits and withdrawals, promotions, and advanced trading tools.

Furthermore, the verification process is quick, simple, and straightforward. It takes only a few minutes to submit your Proof of Identity and Proof of Residence documents, and you will receive instant feedback on the status of your verification. In case of any issues or delays, Exness customer support is always available to assist you.

Moreover, verifying your account on Exness enhances your credibility as a trader and provides you with a seamless and hassle-free trading experience. It helps you avoid any potential limitations on your account and ensures the smooth functioning of your financial transactions.

In summary, verifying your account on Exness is a vital step that protects your trading activities, ensures compliance, and enhances your overall trading experience. Don’t hesitate to complete the verification process and enjoy the benefits of being a verified Exness trader.