Exness Account Types

Main Account Types Offered by Exness

The main account types at Exness are:

• Standard Accounts – For regular retail traders. Good for getting started with real money.
• Professional Accounts – For advanced and high-volume traders. Have special features and pricing.
• Islamic (Swap-Free) Account – An account that doesn’t charge overnight swaps/rollovers for holding positions. Useful for Muslim traders.
• Demo Account – A practice account with virtual money. Great for learning to trade before risking real capital.

Exness offers a wide range of account types. You should choose the one that best suits your experience and needs.

Exness Standard Accounts

Exness provides two types of Standard accounts: the Standard Account and the Standard Cent Account. These accounts are great for beginners.

Exness Professional Account

Exness offers three types of Professional accounts: Raw Spread, Zero, and Pro. These accounts provide superior pricing and execution in exchange for higher trading volumes.

Exness Islamic (Swap-Free) Account

The Exness Islamic (Swap-Free) Account is for traders who follow Islamic finance principles. This account doesn’t have overnight swap fees and aligns with Shariah law.

Feature	Details
Minimum Deposit	Varies depending on the account type
Leverage	Up to 1:Unlimited
Spreads	Varies based on account type
Commission	None
Instruments	Forex, metals, indices, cryptocurrencies
Platforms	MetaTrader 4, MetaTrader 5

You can choose the Islamic option on both Standard and Professional accounts. This swap-free feature ensures that you won’t be charged overnight fees. It’s perfect for those following Islamic principles who want to trade forex pairs, metals, indices, and other assets.

Exness Demo Account

The Exness demo account allows you to trade without using real money. With virtual funds, it is a safe way to test strategies and learn how the platforms work.

The Demo Account is ideal for new traders who want to practice, or experienced traders who need to try out new strategies. You can set your starting balance and use virtual money to trade in a real-like environment. It’s a great way to get familiar with both MetaTrader 4 and MetaTrader 5 without any financial risk.

How To Open an Exness Account?

To open a specific type of trading account with Exness, you’ll need to follow these steps:

1. Log in to the Exness Personal Area: Start by signing into Exness Personal Area using your email and password. If you’re new trader, you need to register Exness account first.
2. Choose the Account Type: In your Personal Area, select “Open New Account.” You’ll see options for the different account types, including Standard, Standard Cent, Raw Spread, Zero, Pro, and others.
3. Customize Your Settings: After choosing your preferred account type, set the following parameters:
   • Currency: Select the base currency for your account.
   • Leverage: Choose the leverage that fits your risk preference.
   • Nickname: Give your account a recognizable name.
4. Complete the Setup: Click “Create Account” or “Next” to finalize the setup process.
5. Start Trading: Fund your new account using your preferred payment method, and then start trading with your chosen instruments.

Countries Where Exness Is Not Available

Exness provides trading services to many countries around the world, but it’s unavailable in some regions due to regulations or other factors. Here are a few examples of countries where Exness is not available:

• The United States
• Canada
• North Korea
• Syria

If you’re unsure whether Exness operates in your region, it’s best to check directly on the Exness website or contact customer support for clarification.

How To Choose the Best Exness Account?

Choosing the right Exness account type is crucial for a successful trading experience. Here are some key factors to consider:

• Trading Experience and Volumes: If you’re a beginner, the Standard or Demo accounts are ideal starting points. As your skills and trade sizes grow, you may want to look at the Professional suite for lower costs.
• Capital Available: Accounts like the Raw Spread and Zero demand higher minimum deposits. Ensure you have sufficient capital to meet the requirements comfortably.
• Trading Style: If you’re a scalper executing many trades daily, the commission-based Professional accounts can save you significantly versus Standard spreads over time.
• Leverage Needs: Standard accounts permit higher leverage up to 1:Unlimited versus the Professional accounts maxing at 1:2000. Evaluate your leverage requirements.

Overall, take a holistic view considering your skill level, trade volumes, strategy, leverage needs, and available capital. The right account can enhance your profitability while the wrong choice may be unnecessarily costly.

Advantages and Disadvantages of Exness Accounts

Standard Account 

Standard Cent Account

Pro Account 

Zero Account 

Raw Spread Account 

Islamic (Swap-Free) Account 

The key factors are your trading style, capital, volumes and cost sensitivity. Professional accounts can be very cost-effective for larger trade sizes despite higher minimums.

FAQs