Exness account types

Exness is a regulated Forex and CFDs broker. Here is the list of regulators which oversee the broker:

• the Financial Services Authority (FSA), Seychelles
• the Central Bank of Curaçao and Sint Maarten (CBCS), Curaçao
• the Financial Services Commission (FSC), British Virgin Islands

Exness is available for international traders except for USA, Iran, North Korea, Europe, and the United Kingdom citizens.

Available trading instruments include:

• 96 Forex CFD
• 18 Commodities CFD
• 97 Stocks CFD
• 10 Indices CFD
• 10 Crypto CFD

As we can see, the main type of assets are CFDs allowing traders to speculate on both directions of price movements and with instant execution for low commissions. Crypto CFDs have instant execution speeds unlike underlying digital currencies requiring network approval.

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A quick overview of Exness account types

There are three types of trading account groups for general FX traders, professionals, and social trading activities. The first group of account types are called standard accounts and consist of Standard and Standard Cent accounts, professional accounts are Raw spread, zero, and Pro, and social trading accounts include social standard and social pro accounts.

A quick overview of Exness Standard accounts

A quick overview of Exness Professional accounts

A quick overview of Exness social accounts

Exness standard accounts

Exness standard accounts are for the general audience and novice traders who want to start trading with average terms. The standard cent account is for beginners who are switching from demo to live trading and want to transition with the lowest risks possible. To ensure simplicity for newbie traders the standard cent only offers Forex and metal instruments for trading while the standard comes with a full range of assets including Forex, metals, cryptocurrencies, energies, stocks, and indices. The minimum lot size starts from 0.01 lots (1,000 units of currency) and is capped at a maximum of 200 lots. The margin call is set at 60% and the Islamic version is available for both account types.

The minimum deposit typically depends on the payment method and starts from 10 USD. Supported payment methods are bank cards, Neteller, Skrill, and Perfect Money. The order execution type is market, meaning the orders are executed at market prices.

Exness Professional accounts

For traders with a bit more budget and experience, there are several professional account types targeted at both scalpers and day traders. The three professional accounts are raw spread, zero, and pro. The minimum deposit for pro accounts is 200 USD or equivalent.

The raw spread account is for scalpers who want to speculate on extremely short-term price movements and require the lowest spreads possible. Scalpers typically prefer to pay a small commission and have zero spreads, and raw spread account spreads start from 0.0 pips on major pairs. The commission for such low spreads is 3.5 USD per side per 100,000 USD traded (1 standard lot). The leverage is not limited and traders can choose between 1:3000 and higher levels of leverage. The ability to choose your preferred leverage level is very flexible for experienced traders. All three accounts come with similar specs with the only difference being the amount of spreads and commissions for these spreads. The minimum deposit requirement is 200 USD for all three trading accounts. The spreads for the Zero account start from 0.0 pips on major pairs and the commission is 0.2 USD per side per lot traded. The Pro account comes with spreads from 0.1 pips on major pairs for zero commissions.

Exness social accounts

Social trading at Exness is possible through two account types: social standard and social pro. Social trading allows traders to become trading strategy providers for copy traders and earn money. Spreads for social trading accounts are higher than other account types but still low and below the industry average. It starts from 1 pip for the Social Standard, and 0.6 pips for Social Pro accounts. There are no commissions charged for either account and the minimum deposit is 500 USD for the social standard and 2,000 USD for social pro. There are only three asset classes available for social accounts including Forex, metals, and cryptoсurrencies. The margin call for social accounts is also low at 30%. Social accounts can be used for both providing trading signals or for copy trading.

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FAQs on Exness account types

Can I trade with $1 on Exness?

No, you will need at least 10 USD for standard accounts to start live trading. This restriction is because of payment providers’ requirements. Some accounts have higher minimum deposit requirements ranging from 10 to 2,000 USD.

What’s the minimum deposit for Exness?

The minimum deposit at Exness starts from 10 USD for standard accounts, 200 USD for professional accounts, and 500 and 2,000 for social trading accounts.

How do I open a real account with Exness?

You will need to sign up on the official website of Exness and follow the instructions. After registration and account selection verify the trading account and then deposit at least 10 USD. Depending on the account type the minimum deposit may be different.

Which country is Exness?

Exness is a global Forex and CFDs broker offering trading services to traders around the world. Citizens of some countries are not accepted including the USA, Iran, North Korea, Europe, and the United Kingdom.

Which account type is best in Exness?

There are three groups of accounts at Exness Standard accounts, professional accounts, and social trading accounts. Each of the accounts comes with the swap-free option as well.