Exness Account types
Standard account - best account for novice and professional traders
Standard cent account - best account for beginners
Raw spread accounts - best for experienced traders who want ultra-low, stable spreads.
Zero account - best for scalpers and high-frequency traders
Pro account - best for experienced and professional traders
Learning about the different types of Exness accounts will help potential traders open the best account that suits their trading style. The primary Exness accounts are classified as professional (pro, zero, raw spread) or standard (standard, standard cent). Additionally, there are options for a demo account, which is a free account offered to novice traders so they can practice trading before using a real account. There are provisions for an Islamic account as well.
On these accounts, there may be variations in the commissions, minimum investments, margin calls, spreads, and leverages. Before selecting any Exness account type, traders should take these crucial factors into account. However, the TU expert's review of the Exness account types will help traders, so to find out more about these accounts and their differences, read on!
Minimum deposit: The amount depends on the payment method you select
Tradable instruments: Forex, metals, cryptocurrencies, energies, stocks, and indices
Account currencies: USD, EUR, GBP, etc.
Maximum leverage: 1:Unlimited (MT4, MT5)
Commission: None
Spread: From 0.3 pips
Margin call: 60%
Minimum lot size: 0.01
Order execution: Market
Swap-free: Available
The most user-friendly and adaptable account that traders of any level can use without difficulty is the Exness standard account. This account has the features that novice traders require to get off to an ideal start in the trading world.
Minimum deposit: $1 (the amount depends on the payment method you select)
Tradable instruments:Forex, metals, cryptocurrencies, energies,stocks, and, indices
Account currencies: USD, EUR, GBP, AUD, CAD, CHF, NZD
Maximum leverage: 1:Unlimited (MT4)
Commission: None
Spread: From 0.3 pips
Margin call: 60%
Minimum lot size: 0.01
Order execution: Market
Swap-free: Available
With the standard cent account, novice traders can trade more than 34 currency pairs on the Forex market. There can only be 50 active pending orders on this account at once. Micro lots, or trades in units of cents, can be made using the Exness Cent account. It means that a trader can train to trade for little money without going bankrupt easily.
A novice receives a bonus after making their initial deposit and completing the registration. An incentive of $1,000 is given to traders who open Cent accounts. Additionally, standard cent accounts have no commission!
Minimum deposit: $200
Tradable instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
Account currencies: AED, USD,EUR, GBP, NZD, INR, JPY, KES, KRW, KZT, ZAR, ARS, BRL, CHF, CAD, AUD, MAD MXN, AZN, BDT, CNY, EGP, MYR, GHS, IDR, BHD, UGX, UZS, VND, BND, JOD, NGN, SAR, OMR, QAR, SGD, THB, UAH PHP, PKR
Commission: Up to USD 3.50 per lot (depending on the instrument traded) and for both directions of an order
Spread: From 0.0 pips
Margin call: 30%
Minimum lot size: 0.01
Order execution: Market
Swap-free: Available
The Raw Spread account type is appropriate for seasoned traders seeking extremely low and consistent spreads. Its fixed commission approach sets it apart from other market-maker accounts. The spreads are extremely low, and the number of open positions is never capped.
Minimum deposit: $200
Tradable instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
Account currencies: AED, USD,EUR, GBP, NZD, INR, JPY, KES, KRW, KZT, ZAR, ARS, BRL, CHF, CAD, AUD, MAD MXN, AZN, BDT, CNY, EGP, MYR, GHS, IDR, BHD, UGX, UZS, VND, BND, JOD, NGN, SAR, OMR, QAR, SGD, THB, UAH PHP, PKR
Maximum leverage: 1:Unlimited (subject to conditions) (MT4, MT5)
Commission: Starting from USD 0.2/lot per side based on the trading instrument
Spread: From 0.0 pips
Margin call: 30%
Minimum lot size: 0.01
Order execution: Market
Swap-free: Available
The Exness Zero account gives zero spread on the top 30 trading instruments for 95% of the day and on the remaining instruments for 50% of the trading session, depending on market volatility. With a Zero account, you can easily avoid requotes with market execution because there are no opening order restrictions. Users of expert advisors will find it helpful as the trading commission is immediately deducted at the time an order is opened.
Minimum deposit: $200
Tradable instruments: Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks
Account currencies: AED, USD,EUR, GBP, NZD, INR, JPY, KES, KRW, KZT, ZAR, ARS, BRL, CHF, CAD, AUD, MAD MXN, AZN, BDT, CNY, EGP, MYR, GHS, IDR, BHD, UGX, UZS, VND, BND, JOD, NGN, SAR, OMR, QAR, SGD, THB, UAH PHP, PKR
Maximum leverage: 1:Unlimited (subject to conditions) (MT4, MT5)
Commission: $0
Spread: From 0.1 pips
Margin call: 30%
Minimum lot size: 0.01
Order execution:
Instant Execution: Forex, Metals, Stocks, Energies, and Indices
Market Execution: Cryptocurrencies
Swap-free: Available
The Excess Pro account is best suited for more seasoned and skilled traders. This trading account will be profitable for traders who favor day trading over automated trading methods and all points in between. While there is no limit on orders that can be opened, the Exness Pro Account offers low spreads and zero commissions for instant execution.
| Standard | Standard Cent | Raw Spread | Zero | Pro | |
|---|---|---|---|---|---|
|
Minimum deposit |
No minimum payment |
$1 (this is flexible depending on the payment system |
$200 |
$200 |
$200 |
|
Platforms |
MT4,MT5 |
MT4 |
MT4,MT5 |
MT4,MT5 |
MT4,MT5 |
|
Markets |
Forex, Metals, Cryptos, Energies, Indices, Stocks |
Forex, Metals, Cryptos, Energies, Indices, Stocks |
Forex, Metals, Cryptos, Energies, Indices, Stocks |
Forex, Metals, Cryptos, Energies, Indices, Stocks |
Forex, Metals, Cryptos, Energies, Indices, Stocks |
|
Trade size |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
|
Commissions |
$0 |
$0 |
up to $3.50 per lot |
Starting from USD 0.2/lot per side based on the trading instrument |
$0 |
|
Max leverage |
1:Unlimited (MT4, MT5) |
1:Unlimited (MT4, MT5) |
1:Unlimited |
1:Unlimited (subject to conditions) |
1:Unlimited (subject to conditions) |
|
EURUSD average spread |
- |
- |
- |
- |
- |
|
Special features |
No minimum deposit requirements; 120+ currency pairs |
No minimum deposit requirements; smaller trading units (cent lots) |
Ultra-low spreads; Fixed trading commission |
No limit on orders; |
No limit on orders; |
| Admiral Markets | Forex.com | Exness | |
|---|---|---|---|
|
Islamic (swap free account) |
Yes |
Yes |
Yes |
|
Cent Account |
No |
No |
Yes |
|
Demo |
Yes |
Yes |
Yes |
To open an Exness account, you need to register on the web first, so to register on the web, follow the steps below.
Step 1: Visit the Exness website.
Image: Exness website
Step 2:Click on "Open Account"
Step 3: Enter your new account details
On the next prompt, enter your country of residence, email, and password. Enter a partner code (if any) to link the account to a partner in the Exness partnership program. Tick the box to declare you not a citizen of the U.S. and click continue.
Image: Exness website
Step 4: You will be taken to the excess terminal
Image: Exness website
Step 5: Navigate to your new membership area by clicking on the drop-down menu (click the part you see “1” on the image and click the the part you see “2” to access the your personal area)
Image: Exness website
Step 6: Select open an account in your personal area
Image: Exness website
Step 7: Select the account type you want to open from the list of standard and professional account
Here, you can choose to open a real account or a demo account.
Image: Exness website
Step 8: Set up your new Exness trading account
Click on Create an Account to submit your request after choosing the account type, trading platform, maximum leverage, starting balance, currency, changing the account nickname, and creating a password.
Image: Exness website
Step 9: If the process is successful, your new account will appear in your personal membership area, and you can start trading with your excess account.
Exness offers a variety of accounts tailored to suit the needs of different traders; however, the standard account, which is the most straightforward and easily accessible account, is the most widely used.
There are 5 main types of accounts on Exness, namely:
Standard account
Standard cent account
Raw spread account
Zero account
Pro account
Pro accounts offer instant execution on the majority of instruments in the Forex and stock markets. They are best suited for seasoned traders looking for spread-free or low-spread accounts, whereas standard accounts only deal with market execution and are perfect for all traders.
A pro account on Eness is an instant execution account with zero commission and a low spread. Expert traders, scalpers, day traders, and alto traders can all find what they need to trade and profit from the market using this account.
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
