How To Open An Exness Account
To open an Exness live account, visit the Exness website, click on Open Account, select your country of residence, enter your email address, create a password, and submit. Proceed to the membership area on the subsequent page, choose "open trading account," finish the registration process, and validate your account.
The first step to beginning trading on Exness is to open a trading account. While there are different Exness accounts, you must understand each account's features to determine the best account for your trading style. So, if you are seeking to open an Exness account, in this comprehensive guide, TU experts will walk you through the steps. You will also learn about the types of Exness live accounts.
Exness account requirements and documents
Before you open an Exness live account, you need an active email, an operational phone number, and identity documents, which you need to verify your identity and address. So, it is important that you make these documents available before you start the account creation process.
For your Exness live account verification, the first document you will need is proof of identity (POI), while the other is proof of residence (POR).
Proof of Identity (POI)
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Passport
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Driver's license
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National ID
Every POI document you submit needs to have a picture of the client with their full name, which should match the account holder's name. For any of the POI documents to be considered legitimate, they must be issued by the government.
Proof of Residence (POR)
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Permanent residence card;
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Utility bill (electricity, water, gas, Internet, landline telephone)
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Recent bank statement
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Local tax bill
The Exness account holder's complete name, address, and issue date must be present in the POR document. Again, the document must be up to 6 months old.
When obtaining these documents to open an Exness account, ensure to confirm the requirements for opening an account with a broker, the countries in which it operates, and the amount of the required initial deposit. To register for an Exness account, you must be in one of the nations where opening an account for excess services is permitted.
For instance, Exness does not accept customers from the following nations: Israel, Iraq, Greenland, Canada, Australia, Mauritius, Seychelles, Mauritius, Mali, etc. Therefore, if you reside in nations where Exness services are prohibited, your attempt to open an Exness live trading account will be unsuccessful.
Keep in mind that there are different minimum deposits, the best Exness accounts are standard, standard cent, pro, zero, and raw. These accounts offer various trading features and tools, which is why they are tailored to specific types of traders. Below is how they compare against each other.
Exness account types
For beginner traders looking to open an Exness accoun, the best Exness accounts are standard, standard cent, pro, zero, and raw. These accounts offer various trading features and tools, which is why they are tailored to specific types of traders. Below is how they compare against each other.
Accounts | Best for | Minimum deposit | Commission | Spreads |
---|---|---|---|---|
Standard |
Beginner and professional traders |
No minimum deposit |
$0 |
From 0.3 pips |
Standard cent |
Beginners |
No minimum deposit |
$0 |
From 0.3 pips |
Pro |
Seasoned traders |
$200 |
$0 |
From 0.1 pips |
Zero |
Scalpers and high frequency traders |
$200 |
$0.2/lot |
From 0.1 pips |
Raw spread |
Experienced traders |
$200 |
Up to $3.50/lot |
From 0.0 pips |
Exness account opening guide
Step 1: Visit the Exness Website
You can visit the Exness website using your web browser on a computer or mobile device. There is a large "Open Account" or "Sign Up" button on the Exness homepage. To begin the account opening process, click this button.
Exness website
Step 2: Enter your details
Input your home country, password, and email address. If applicable, enter the partner code to link the account to a partner in the Exness partnership program. After checking the box indicating that you are not a citizen of the United States, click "Continue." On the prompt, choose the account you wish to open.
Exness website
Step 3: Navigate to the membership area and select traders area
Click on open a new account to create an Exness account in your personal area
Exness website
Step 4: From the list of standard and professional account types, choose the one you wish to open
Exness website
Step 5: 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.
Exness website
Tips for opening a genuine Exness account
Selecting an account type according to your trading style, initial deposit amount, and risk tolerance is essential, and this is one of the best pieces of advice you will find when opening an Exness account. Take care to complete the Exness account verification process to avoid holding up account approval and withdrawal requests. Below are tips for potential traders seeking to open an Exness account.
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If this is your first time trading, ensure to open and practice with a demo account.
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To safeguard your account, create a strong, one-of-a-kind password that combines a variety of characters and symbols.
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To improve your trading knowledge, explore the educational resources on the Exness platform.
How to close Exness account
Send Exness a written notice at least five (5) business days in advance of the intended termination date at support@exness.com to close your Exness account. To complete these tasks, you must use the account holder's registered email address. The email must include the account number, support PIN, and termination reason.
Exness will email you the termination date and arrange a call for verification to confirm the request, all within a minimum of five (5) business days. The rules that remain in effect after the account is closed are also described in the email. You will receive an email on the day of termination informing you that your account has been closed, as well as statements for all open accounts for the previous 30 calendar days.
FAQs
What do you need to open an Exness account?
You must have a working email account and a phone number to create a new Exness account. Once registered, you must completely verify your Exness account with relevant proof of identity and proof of residence documents to keep it operational.
How do I open a real account with Exness?
First, you need to visit the official website of Exness, click on the open account button, and enter your emails and other personal details to gain access to the personal membership area. While on the membership page, click on open account, then select account type, complete the account settings, verify your account, deposit, and start trading with your account.
How much does it cost to start Exness?
The cost of opening an Exness account depends on the type of account you choose. A standard account does not require any cost, but professional accounts might require a trader to make a minimum deposit of $200 before they can start trading with them.
Which country is Exness registered in?
Limassol, which is a city on the southern coast of Cyprus, is home to Exness, which was established in 2008. With license number 178/12, this broker is approved strictly under the supervision of the Cyprus Securities and Exchange Commission (CySEC). Exness complies with the standards and guidelines set forth by the EU's financial regulators, making them one of the safest investment platforms.
Team that worked on the article
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.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.