How To Open An Exness Account

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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

Open an account
Your capital is at risk.
You can lose your money.

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)

  • Passport

  • Driver's license

  • 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)

  • Permanent residence card;

  • Utility bill (electricity, water, gas, Internet, landline telephone)

  • Recent bank statement

  • 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

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

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

Exness website

Step 4: From the list of standard and professional account types, choose the one you wish to open

Exness website

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

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.

  • If this is your first time trading, ensure to open and practice with a demo account.

  • To safeguard your account, create a strong, one-of-a-kind password that combines a variety of characters and symbols.

  • 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
Contributor

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.

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