Comparison of Exness Account Types

Exness offers several types of accounts on which to trade. The accounts are designed for different types of traders – from beginners to experienced ones. Each account is unique and has its own advantages and special conditions for trading. They are designed to match a trader’s strategy, skill level, and trading goals.

Standard Exness Accounts

Exness Standard Account is suitable for both novice and experienced traders. With no minimum deposit, traders can start with any amount and access forex, metals, cryptocurrencies and more on MetaTrader 4 and MetaTrader 5 platforms.The accounts are commission-free and offers high leverage options.

The Exness Standard Cent account is also suitable for those looking for low-risk trading. It is possible to trade in microlots (1 cent lot), which significantly reduces the amount of capital required to start trading. Traders, especially beginners, can practice strategies in a real market environment without having to deposit large amounts of money. The account is focused on currency and metals trading, does not require commissions, and offers high leverage, available mainly on the MetaTrader 4 platform.

Standard Account

The Exness Standard account offers a balanced combination of accessibility, cost-effectiveness, and extensive features for traders. This account stands out because it does not require transaction fees, allowing traders to focus on low spreads starting at 0.2 pips. The maximum leverage of 1:Unlimited provides considerable flexibility in trading strategies and risk management.

• No minimum deposit requirement, making it accessible across all trader levels
• Typically no commissions charged, enabling cost-effective trading
• High leverage options let traders manage large positions with less capital
• Available on the popular, reliable MetaTrader 4 and MetaTrader 5 platforms with extensive features
• Access a wide range of markets including forex, metals, cryptocurrencies, energies, indices, and stocks
• Ideal for straightforward trading conditions, diverse instruments, and no deposit minimums

Standard Cent Account

The Exness Standard Cent account is designed for traders who prefer to trade with smaller amounts. This account type allows trading in micro lots (cent lots), which allows traders to participate in Forex trading with much less financial risk. The Standard Cent account operates on the MetaTrader 4 platform, which is known for its user-friendliness and suitability for beginner traders. This account type has nano lots, which makes it a great choice for those who are just starting out or want to test new strategies in real trading conditions without the high risk of significant losses.

• Very low minimum deposit requirements, making it suitable for beginners or those looking to start trading with smaller amounts.
• Like the Standard account, the Standard Cent account typically does not charge commission.
• Similar high leverage options are available, tailored for smaller account balances.
• Primarily available on MT4, known for its user-friendly interface and suitability for Forex trading beginners.
• Focuses on Forex and metals, providing a simplified trading environment for those new to the market or looking to test strategies with lower risk.
• A special feature of this account is the use of cent lots, which allows you to trade with much smaller bet amounts. This is especially attractive for beginners who want to learn the basics of trading without risking significant capital.

Exness Professional Accounts

Exness Professional Accounts are designed for experienced traders seeking enhanced features beyond what standard accounts offer. These accounts provide more favorable trading conditions, including lower spreads, more substantial leverage options, and access to a broader range of financial instruments. Traders can expect professional-grade tools and analytics to support informed decision-making.  The tailored support and enhanced conditions provide a conducive environment for professional growth and profitability in the trading world.

Exness Raw Spread Account

The Exness Raw Spread Account is ideal for traders who prioritize minimal spreads. Offering spreads that can go as low as 0.0 pips on major currency pairs, this account is particularly appealing to scalpers and high-volume traders. The account charges a commission per trade, which compensates for the ultra-low spread, making it a cost-effective option for those who trade frequently or with high volumes.

Pro Account

The Professional account is an advanced option at Exness, balancing low spreads with no fees. This makes it the best choice for a wide range of trading strategies. It offers a combination of competitive spreads with no additional trading fees, as well as access to a full suite of trading tools. This account is designed for professional traders who need a balance between cost-effective trading conditions and a reliable trading environment.

Exness Zero Account

Exness Zero Account is tailored for traders looking to maximize their trading strategies during specific times. This account offers zero spread for several major currency pairs for at least 95% of the day. In exchange, traders are subject to a commission on trades. It’s an exceptional choice for those who trade heavily on major pairs and can navigate the timing to exploit the zero spread.

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Comparison of Exness Account Types

Exness provides a range of account types designed for traders across experience levels, capital sizes, and trading strategies. Key differentiators include minimum deposits, spreads, commissions, leverage, and available instruments.

Minimum Deposit Requirements

The minimum deposit amount varies across Exness account types to accommodate traders with different capital sizes:

Spreads and Commissions

• Standard and Standard Cent: Low spreads from 0.2 pips, no commissions
• Raw Spread: Interbank spreads, no commissions
• Pro: Tight spreads from 0.1 pips, no commissions
• Zero: Spreads from 1.7 pips, no commissions, some instruments with zero spread

How to Open an Exness Account

OPEN EXNESS ACCOUNT

1.  Registration. Click on the “Open an Account” button. This action will redirect you to a registration form. Fill in the required personal information, such as your email address and password. Exness values your privacy and ensures the security of your data.
2. Verification. After registering, you’ll need to verify your account. This process involves submitting proof of identity (such as a passport or ID card) and proof of residence (like a utility bill or bank statement). This step is crucial for complying with financial regulations and ensuring the security of your account.
3. Select Your Account Type. Choose the account type that best suits your trading style and needs. Exness offers various accounts, including Standard, Pro, and Islamic accounts, each designed to cater to different trading preferences and strategies.
4.  Deposit Funds. Once your account is verified, you can deposit funds into it. Exness supports a wide range of deposit methods, including bank transfers, credit/debit cards, and e-wallets. Select the method that’s most convenient for you.
5.  Start Trading. With your account set up and funded, you’re ready to start trading. Exness provides access to a wide range of trading instruments, including forex, cryptocurrencies, metals, and indices. Utilize the educational resources and trading tools available on Exness to enhance your trading experience.

How to Choose the Right Account Type

The ideal Exness account depends on factors like trading experience, capital, risk tolerance, and preferred instruments. Beginners may find Standard Cent accounts suitable for low capital requirements and micro-lot trading. Experienced traders with larger funds could consider Raw Spread or Pro for tighter spreads and higher leverage. Ultimately, traders should evaluate their individual needs and preferences to select an account aligning with their trading goals and risk management approach.

FAQs

What are the main differences between Exness Standard and Standard Cent accounts?

The main differences between Exness Standard and Standard Cent accounts are the minimum deposit and trading scale. Standard accounts are for larger trades, while Standard Cent is great for beginners with smaller investments.

How do Exness Professional Accounts differ from Standard Accounts?

Exness Professional Accounts offer lower spreads and higher leverage than Standard Accounts, catering to experienced traders looking for advanced trading conditions.

What is the Exness Raw Spread Account, and who is it for?

The Exness Raw Spread Account is ideal for traders prioritizing minimal spreads, offering as low as 0.0 pips on major currency pairs. It includes a commission per trade, making it suitable for scalpers and high-volume traders who benefit from ultra-low spreads.

Can I trade with zero spreads on Exness?

Yes, the Exness Zero Account provides zero spread for several major currency pairs for at least 95% of the day. Traders are subject to a commission on trades, making this account ideal for those focusing on timing and major pairs.

Does Exness offer accounts compliant with Islamic finance principles?

Yes, the Exness Islamic Account is designed for Muslim traders, eliminating swap or rollover fees to comply with Sharia law. It offers a swap-free trading experience without interest, catering to those seeking to trade according to Islamic finance principles.

What are the benefits of an Exness Demo Account?

An Exness Demo Account lets you practice trading without risk, using virtual money to sharpen skills and test strategies in a real-market environment.

How do I choose the right Exness account type?

Choose the right Exness account by considering your trading experience, investment size, and strategy needs. Beginners might prefer Standard Cent, while experts may opt for Professional accounts.

Choose the right Exness account by considering your trading experience, investment size, and strategy needs. Beginners might prefer Standard Cent, while experts may opt for Professional accounts.

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