Exness as a Trading Platform
Exness, founded in 2008, is a global forex and CFD broker that provides various account types to suit different trading styles. The Standard Account, with its commission-free trading and floating spreads starting from 0.3 pips, is popular among novice traders. For more experienced traders, Exness offers the Pro Account, which features raw spreads from 0.0 pips and a commission of $3.5 per lot.
In addition to these main account types, Exness also provides specialized accounts such as the Zero Account and the Raw Spread Account. The Zero Account boasts zero spreads and a commission of $3.5 per lot, while the Raw Spread Account offers institutional-grade liquidity with raw spreads from 0.0 pips and a commission of $3.5 per lot. All account types on Exness support popular trading platforms like MetaTrader 4 and MetaTrader 5.
Why Choose Exness
Exness stands out for Kenyan traders due to its low entry barriers and tailored features that make trading forex, metals, and cryptocurrencies accessible. With a minimum deposit of just $10 (~1,300 KES) for Standard accounts, it’s beginner-friendly, while professional accounts like Zero or Raw Spread offer tight spreads for experienced traders. The platform supports KES as a base currency, avoiding conversion fees, and integrates M-Pesa for instant deposits and withdrawals, a major plus in Kenya. High leverage up to 1:2000 and swap-free options for Islamic traders add flexibility. Practice with a demo account to explore these benefits risk-free before trading live.
The Exness Trader app and platforms like MT4, MT5, and the Web Terminal provide fast execution and robust charting tools, ideal for both mobile and desktop trading. Over 98% of withdrawals are processed instantly, ensuring quick access to funds, and 24/7 customer support via live chat helps resolve issues promptly. Security features like two-factor authentication (2FA) and segregated client funds protect your capital. For Kenyan traders, Exness combines local payment convenience with global market access, making it a reliable choice. Test the app’s features in a demo to see how they fit your trading style.
Exness Account Sign-Up Process
The platform offers a user-friendly registration process, allowing traders to create an account in just a few minutes using their email address or phone number.
Exness Registration Requirements
To open an account, users need to provide basic personal information including full name, date of birth, and country of residence. A valid email address or phone number is required for verification. The broker accepts clients from many countries worldwide, but restrictions apply for certain regions due to regulatory requirements.
Step-by-Step Exness Registration
- Visit the official website using your preferred web browser.
- Click on any “Open Account” or “Sign Up” button on the homepage.
- Fill out the registration form with your details: Country of residence, Email address, Create a password (ensure it meets the specified requirements), Confirm you’re not a U.S. citizen or resident by checking the appropriate box
- Click the “Continue” button to proceed.
- You’ll be directed to your personal cabinet where you can: Complete your profile, Start the verification process, Submit necessary documents for account approval
- After verification, choose between a Standard or Professional trading account.
6.1. Alternatively, use a demo account without verification for practice. - Once your real account is approved, make the minimum deposit to start trading.
Exness Account Verification Process
- Access your personal cabinet via the mobile app or official website.
- In your Profile tab, click “Complete Now” to start verification.
- Follow these steps: Confirm your email address and phone number, Upload clear scans of your ID (passport, driver’s license, or ID card), Provide proof of address (recent utility bill, bank statement, or official document with your address, not older than 30 days)
- Review all submitted information for accuracy.
- Click “Submit” to send your application for review.
The broker typically processes verification requests quickly, allowing most users to start trading within a short time frame. Remember that the verification process is crucial for maintaining a secure trading environment and complying with international financial regulations.
Opening an Exness Account via the Mobile App
- Download the trading app from the official website or app stores (App Store or Google Play).
- Launch the app to access the registration form.
- Fill in the required information: Country or region of residence, current email address, create a password meeting the broker’s requirements. Confirm you’re not a U.S. citizen by checking the box.
- Tap “Continue” to proceed.
- Complete your profile in your personal account by providing necessary documents for identity verification.
- After verification, open a real account and make a minimum deposit to start trading through the mobile app.
How to Choose an Exness Account
The broker offers two main account types: Standard and Professional. The Standard account is suitable for beginners, featuring commission-free trading and floating spreads from 0.3 pips. It allows traders to start with a lower initial deposit and provides access to educational resources.
Professional accounts cater to experienced traders, offering raw spreads from 0.0 pips with a commission of $3.5 per lot. These accounts provide advanced trading tools, higher leverage options, and faster execution speeds. When choosing between account types, consider your trading experience, capital, and preferred trading style.
Exness Real Account Registration
- Navigate to the “My Accounts” section in your personal cabinet.
- Click “Open a new account.”
- Select your preferred trading platform (MT4/MT5) and account type, then click “Continue.”
- Choose the “Real” tab and set your desired leverage and account currency.
- Create a name and password for the account.
- Complete the account creation process.
- The new account will appear in your accounts section, ready for trading.
Exness Demo Account Registration
- Access your personal cabinet and open the “My Accounts” section.
- Select your preferred platform (MT4/MT5) and account type, then click “Continue.”
- Choose the “Demo” tab and set your parameters: leverage, starting balance, and account currency.
- Create a name and password for the account.
- Finish the account creation process.
- The new demo account will appear in your accounts section, allowing you to start virtual trading.
Exness MT4 and MT5 Account Options
For the MT4 platform, Exness offers several account types, including the Standard account, the Raw Spread account, and the Zero account. The Standard account is suitable for most traders, offering a balance between spreads and commission fees. The Raw Spread account is designed for experienced traders who require tight spreads and are willing to pay a commission per trade. The Zero account offers spreads starting from zero pips, but also comes with a commission per trade.
For the MT5 platform, Exness provides similar account options, including the Standard account, the Raw Spread account, and the Zero account. These accounts have similar characteristics to their MT4 counterparts, offering traders flexibility in choosing an account that suits their trading style and preferences.
Possible Exness Sign-Up Errors
Error: Invalid email format
Solution: Double-check your email address for typos or incorrect formatting. Ensure you’re using a valid email service provider.
Error: Weak password
Solution: Create a stronger password that includes uppercase and lowercase letters, numbers, and special characters. The platform requires passwords to be at least 8 characters long.
Error: Country restrictions
Solution: Verify that the broker accepts clients from your country of residence. If your country is restricted, consider alternative platforms that serve your region.
Error: Duplicate account
Solution: If you’ve previously registered, use the “Forgot Password” feature to recover your existing account instead of creating a new one.
Frequently Asked Questions
What are the requirements for registering an Exness account?
To register, you need to be at least 18 years old, provide a valid email address, and confirm that you’re not a U.S. citizen or resident. You’ll also need to submit documents for verification later on.