Exness Trading Account Types

Why Does Choosing an Account Matter?

The account you choose is important for your trading. It affects factors such as trading costs and how much you can potentially earn. Each Exness account has its own spreads, commissions, leverage options, and minimum deposit amounts.

For example, if you’re starting out, the Standard Cent account lets you trade with small amounts, limiting your risk. If you’re experienced, the Pro account gives you advanced features and tighter spreads. Choosing the right Exness account type is crucial. Consider factors such as your trading style, risk tolerance, and desired level of control when selecting an account that best aligns with your unique needs.

Feature	Exness Islamic Account
Minimum Deposit	Varies (based on platform)
Spreads	From 0 pips
Commission	No swap/interest charges
Leverage	Up to 1:unlimited
Trading Instruments	Forex, CFDs, Commodities, Cryptos
Order Types	Market, Limit, Stop, Trailing Stop
Scalping	Yes
Expert Advisors	Yes
Trading Platform	MetaTrader 4, MetaTrader 5, Exness Web Terminal
Mobile Trading	Yes

Exness Islamic Account

For traders who follow Sharia law, Exness offers Islamic accounts. These accounts are swap-free, meaning no interest is charged or paid on overnight positions. This aligns with Islamic finance principles, making them suitable for Muslim traders. Islamic accounts are available for various account types, including Standard, Pro, Raw Spread, and Zero Spread.

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Exness Demo Account

A demo account is a risk-free way to practice trading. It simulates a live trading environment, allowing you to explore the platform, test strategies, and gain confidence without risking any real money.

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Feature	Exness Demo Account
Minimum Deposit	No minimum deposit required
Spreads	Same as live accounts (from 0 pips)
Commission	No commission charges for demo trading
Leverage	Up to 1:unlimited
Trading Instruments	Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies
Order Types	Market, Limit, Stop, Stop-Limit, Trailing Stop
Scalping	Yes
Expert Advisors	Yes
Trading Platform	MetaTrader 4, MetaTrader 5, Exness Web Terminal
Mobile Trading	Yes
Access to Market	Real-time market conditions with virtual funds
Duration	Unlimited use for practice and testing strategies

It’s an excellent tool for beginners to familiarize themselves with the trading platform, order execution, and different trading strategies. Even experienced traders can benefit from a demo account to test new strategies or Expert Advisors before implementing them in a live account.

Switching from Demo to Real Account

Transitioning to a live Exness account is easy. Open an account, verify your identity, and fund it. Remember, trading with real money involves risks. Have a plan and manage your risks before going live. Practice on the demo account until you’re confident.

Comparing Exness Account Types

Choosing the right account is crucial for your trading journey. Let’s break down the key differences to help you decide.

• Standard and Standard Cent accounts have a low $1 minimum deposit, while Professional accounts require $200.

• Standard accounts start at 0.2 pips, while Professional accounts offer raw spreads from 0 pips or even zero spreads on major pairs.

• Standard accounts have no commission on major forex pairs, while Professional accounts charge a commission per lot.

• Standard accounts are good for all traders, while Professional accounts are better for experienced traders who need advanced features and tighter spreads.

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Which Account Is Best for You?

If you’re a beginner or prefer trading with smaller amounts, a Standard or Standard Cent account is a good starting point. These accounts let you explore the markets with low risk and minimum investment.

For experienced traders seeking a more professional trading environment with advanced features, tighter spreads, and faster execution, the Pro, Raw Spread, or Zero Spread accounts are better suited. These accounts cater to active traders, scalpers, and those who prioritize low trading costs.

Exness Account Opening Process

Opening an account is straightforward.

1. Go to the broker’s website exness.com.
2. Click on any of the registration buttons.
3. Fill in your details, including your country, email, and password.
4. Click “Continue.”
5. You’ll be in your personal area. Complete your profile and verify your identity with the necessary documents.
6. Once verified, you can open a live Standard or Professional account.
7. You can also use a demo account without verification.
8. After opening a live account, make a minimum deposit and start trading.

Exness offers a simple and quick account opening process. After completing the registration and verification procedures, you can choose among different account types depending on your needs, for instance, a Standard or Professional account. It is interesting that, once you have made the first deposit, you can begin trading with actual market conditions with the chosen account type. Exness also offers demo accounts in order to let you practice and test without investing real money.

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Funding and Withdrawing from Exness Account

Exness supports various payment methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. Deposits are usually instant, while withdrawals may take a few hours or days, depending on the method. The broker doesn’t charge deposit or withdrawal fees, but your payment provider might. Remember to check their terms.

Withdrawal requests are processed within 24 hours on business days. The minimum withdrawal amount varies depending on the payment method. Exness prioritizes the safety of your funds and uses secure technology to protect your transactions.

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With Exness, you’re trading with a broker known for its commitment to quality and customer satisfaction. Join millions who trust Exness to provide the stability and innovation they need in the markets.

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Frequently Asked Questions (FAQ)

What is the difference between Exness Standard and Standard Cent Accounts?

Both accounts offer similar features, but the key difference lies in the trade size. Standard Accounts use standard lot sizes (1 lot = 100,000 units), while Standard Cent Accounts use micro-lots (0.01 lot = 1,000 units). This makes the Cent Account suitable for beginners who want to trade with smaller amounts.

Are Professional Accounts suitable for beginners?

No, Professional accounts are designed for experienced traders. They offer advanced features, tighter spreads, and lower commissions but require a higher minimum deposit and may involve more complex trading strategies.

What is the minimum deposit for Exness Professional Accounts?

The minimum deposit for Professional Accounts (Pro, Raw Spread, and Zero Spread) is $200.

Does Exness offer Islamic (swap-free) accounts?

Yes, it does. Islamic accounts are swap-free, meaning no interest is charged or paid on overnight positions,

Which Exness account type is best for scalping?

The Pro or Raw Spread accounts are often preferred for scalping due to their tight spreads and fast execution speeds. The Zero Spread account can also be suitable if you prioritize low trading costs.

Can I have multiple trading accounts with Exness?

Yes, you can open multiple trading accounts with different account types.

How to Withdraw Money from Exness to Bank Account?

1. Log in to your Personal Area.
2. Go to the “Withdrawal” section.
3. Select “Bank Transfer” as the withdrawal method.
4. Enter the withdrawal amount and your bank account details.
5. Confirm the withdrawal request.

Processing times may vary depending on your bank.

How to Delete or Close Your Exness Account?

1. Log in to your Personal Area.
2. Go to the “Settings” section.
3. Select “Account Closure.”
4. Follow the instructions provided.

If you have any open positions or pending orders, they need to be closed before you can close your account. If you have any funds remaining in your account, you need to withdraw them before initiating the closure process.