Exness Trading Account – Review, Types, Process, Benefits, Charges & more
Last Updated Date: Nov 17, 2022Know everything about Exness Trading Account here. Exness is a globally renowned brokerage firm where you trade multiple assets on the go.
No matter if you are a big player in the trading sector or a newbie, if you are on the hunt for the best trading account, give a bit of your precious time to this article.
Below we cover some detailed information on the Exness online trading account.
With some highly useful features, trading accounts by Exness helps you reach your targets in no time.
Through its trading account, the broker serves a variety of benefits to the traders that we share in this article.
If you also want to get yourself up in this ever-changing trading sector, switching to the best trading account is worth it.
Nevertheless, how is the Exness trading account a better choice? This article helps you find out.
Exness Trading Account and Benefits
Trading can turn out to be an expensive affair if your trading account isn’t that good. Luckily Exness trading account leaves no stone unturned to satisfy its clients.
Thus you can feel great about your decision on selecting it.
If we solely talk about the broker, Exness continues to outrank many other brokers in the competition from its inception to now.
But this isn’t the only factor that compels traders to get started with the Exness trading platform.
The broker has been authorized by top-tier regulators – CySEC, FCA, FSA (SC), and FSCA – making the Exness trading account utterly a reliable place to launch your first trade.
From features to risk-management tools, the broker adds so much to your trading basket. A simple sign-up provides you instant access to these fantastic offerings by Exness.
You predict the price, set the target, and achieve it through a solid technical and fundamental analysis in which a trading account by Exness assists you a lot.
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Exness Trading Account Charges
Trading Account Charges | ||
Account Type | Standard | Standard Cent |
Initial Deposit | USD 1 | USD 1 |
Spread | From 0.3 pips | From 0.3 pips |
Commission | No | No |
Leverage | 1:2000 | 1:200 |
Charges involved with a trading account are more likely to rack up expenses than profit.
If you forget a few vital points to consider and end up launching your trade-in haste, charges can drop you into trouble.
Usually, traders skip this vital segment that later puzzles them around calculating the final profits. But you can feel relaxed about your decision of opting for an Exness trading account.
The account opening is exempt from charges at Exness.
The broker only asks you to submit $1 – an initial deposit amount. After that, you can launch your trades in no time.
But it’s worth noting that trading isn’t exempt from charges at Exness.
Like other trading platforms, you are charged a significant percent as a commission on every single trade.
Types of Exness Trading Account
Types of Trading Account | |
Trading Desk Type | Market Maker, No dealing desk |
Min Deposit | $1 |
Maximum Leverage | 1;2000 |
Mini Account | Yes |
Premium Account | No |
DEMO ACCOUNT | Yes |
Islamic Account | Yes |
Segregated Account | No |
Managed Account | No |
Institutional Account | No |
Suitable for beginners | Yes |
Suitable for professionals | Yes |
Suitable for scalping | Yes |
Suitable for daily trading | Yes |
Suitable for Weekly trading | Yes |
Suitable for swing trading | Yes |
Exness is a Market Maker broker, which means the broker has its own market.
Apart from that, Exness Trading Account provides no dealing desk environment, which is deemed highly protective to the traders as no third-party liquidity provider is involved.
Moving on to the sign-up page, we find that the Exness trading platform has two trading accounts – the standard and standard cent account.
Both accounts come with their own unique specifications.
But surprisingly, commission, initial deposit amount, and spreads are similar in both accounts except for leverage.
In a nutshell, both accounts ask you to submit a $1 – initial deposit amount.
Spreads are also stable and start from 0.3 pips in both trading accounts. Only leverage is offered in two different ratios in each account.
To simply put, a standard account offers leverage up to 1:2000 that is only 1:200 in a standard cent account.
Exness Account Opening and Trading Process
After covering so much in-depth about the excellence of Exness, it’s time to know exactly how to open an account at Exness and start trading.
You are required to check everything cautiously; else, verification may take a long time.
First, register yourself at Exness using an email id.
Verify your account by log-in in to your Gmail account by clicking on the verification message sent by the broker to your email address.
- Before you proceed, make sure you set a strong password that no one could detect
- Now, you are required to choose between a demo account or a real account
- Going with a real account means you will be required to submit KYC details
- Submit your home address, id card, including bank details. (Note: the broker may ask you to mention details separately, but it is essential that the details you are giving are visible in your ID proof as well).
- Similarly, you will be selecting between standard and standard cent account
- Fund your account with an initial deposit amount of $1 only or as much as you wish to invest
In case you are struggling at a certain point, and the broker isn’t giving you access to the trading account, connect with the customer support team.
If possible, re-enter the details from scratch, and this time you’ll make sure that your ID proof details exactly match with the details you enter manually at the registration portal.
Once your account is approved, explore what is inside the trading account. Raise your familiarity with indicators, charts, and other helpful tools and start trading.
Find Different Trading Account Types of Forex Brokers
Exness Trading Account – Features
Trading Features | |
Educational Services | Yes |
Social Trading / Copy Trading | Yes |
Trading Signals | No |
Email Alerts | No |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | Yes |
OCO Orders | No |
Trailing SP/TP | Yes |
Automated Trading | Yes |
API Trading | No |
VPS Services | Yes |
Trading From Chart | No |
Interest On Margin | No |
Offers Hedging | Yes |
Offers Promotions | No |
One-Click Trading | No |
Expert Advisors | Yes |
Other Trading Features | No |
You can expect more from the Exness Online Trading platform, no doubt.
The broker compiles a wide array of features inside its trading account so every trader could get the most out of their trading experience.
Educational services
In addition to the trading services, Exness shares educational content with its users as well.
You can learn lots of great things about the trading world as the broker wraps up lots of eye-opening concepts in this special service section.
The best thing, educational services can be accessed for free.
Copy Trading
The Copy-trading feature is another most exciting thing provided inside the Exness trading account.
If you are an inexperienced trader and learning trading, copy what other traders are doing using COPY TRADING features and grab a great learning experience.
Risk Management Tools
Meanwhile, you can’t skip using risk-management tools.
The broker gives you guaranteed stop loss so you could exit the market at the right time without worrying about losses.
You also get a guaranteed take profit feature, so your holdings are automatically sold out once the price hits your target.
Automated Trading
Leave your tension and stress on the Exness trading account as the broker buys stocks automatically on your behalf.
Simply mention at what price you are willing to purchase an asset and let the technology handle the rest of the work for you.
Offers Hedging
The broker even offers a hedging feature that helps you limit the loss.
The feature helps offer a flexible price mechanism which adds further benefits.
Expert Advisor
Seek advice and trading hints from expert advisors because Exness supports this feature.
Anyone can access this feature by Exness broker through a simple sign-up.
Check out Online Trading Services of FOREX Brokers
Exness Trading Account – Conclusion
No wonder this article clears your every doubt on using Exness Trading Account if you have any.
With a strong and reputable image in the industry, the broker is winning more eyes and hearts.
After all, the broker isn’t less than a beast for its trading services.
Exness is currently counted among the top brokers, and the day isn’t far when it will achieve the first rank. You can trade almost any asset via an Exness trading account.
The best thing is, you get every feature inside that well describes charts, markets, and prices belonging to assets that you are planning to trade.
In a nutshell, everything is truly exceptional about the Exness trading account.
Exness Online Trading – FAQs
Here is the list of FAQs related to the Exness trading account:
Does Exness Provide Online Trading?
Exness is an online trading platform where every trade is executed online.
The broker has no offline network except headquarters that are located in varying countries.
If you are a trader, you do not need to visit the Exness office since the activity is done online at the Exness trading platform.
All it takes is a stable internet connection and a desktop, laptop, or mobile to start online trading at Exness.
What Are The Commission Charges In Exness?
Commission charges at the Exness trading platform vary.
It depends upon your trading interest, intraday traders, options, or other long-term traders pay charges differently.
But fortunately, the broker doesn’t charge any fee on account opening.
Once the verification process is done, you submit the initial deposit amount, which is a mere $1, and enter your trading account free of cost.
Does Exness Provide Demo Account Trading?
Yes, Exness does provide a demo account or virtual trading account that helps master the art of trading.
Thanks to virtual currency, which makes everything inside Exness more realistic.
Once you end up using the virtual amount entirely, refill your wallet with a single tap.
There’s no need to be given any information or submit any amount; the demo account is free to use.
Is Trading Free At Exness?
Account opening is entirely free at Exness, but it would be wrong to say that trading is free at Exness because it isn’t.
Though, trading on any online trading platform comes at a certain cost.
To simply put, the broker charges certain fees and commissions that deduct from the final profit or directly from the balance remaining in the account you create with the broker.
Does Exness Provide Spot Metals Trading?
Yes, Exness is a multi-asset trading platform where you can trade almost any asset on the go.
The broker provides you metal trading features if you carry expertise in such markets.
What Are Spot Metals Trading Charges At Exness?
Charges for every asset and market can fluctuate at the Exness trading platform.
Also, how you want to trade assets at the Exness trading platform – e.g., intraday, options trading, or delivery – decides what charges you are likely to incur.
Does Exness Provide Stock Trading?
Yes, Exness provides a stock trading feature in its trading account.
You can access thousands of shares with one tap.
But before you make a selection and launch your first trade, it is vital to carry out a thorough technical analysis.
Review the market including the stock of the company and see whether it works out. If yes, don’t waste time and end up buying it.
Still, if you want to play a risk-free game, use risk-manage tools provided by Exness inside its trading account.
What Is Spread At Exness?
Exness offers stable spreads on its trading account that start from 0.3 pips.
Is Exness Safe For Trading?
Yes, Exness is 100% safe for trading.
The broker works under regulation and holds the licensing of CySEC, FCA, FSA (SC), FSCA, which represent it among the trusted ones.
Does Exness Provide Trading Tips?
Yes, if you want to get some brilliant trading tips that get you more return within the first attempt, go to Exness educational service section.
If you have signed up for a trading account at Exness, you can get this feature readily available in the menu section.
Fill up the Form – Open Forex Trading Account Now!
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