Overview of Exness Account Types
Exness offers a variety of account types to meet the needs of different traders. Whether you’re a beginner looking for simplicity or an experienced trader seeking more advanced features, Exness provides options that cater to various trading styles and objectives. We’ll highlight the key features and differences between Standard, Cent, Professional, Zero, and Raw Spread accounts, giving you a clearer idea of which might be the best fit for your trading preferences.
Standard vs. Professional Accounts
When deciding between a Standard and Professional account at Exness, your trading experience and goals should be key factors in your choice. The Standard account is designed with beginners in mind, offering easy entry and straightforward features, making it ideal for those who are new to trading. In contrast, the Professional account is built for experienced traders, providing advanced tools like tighter spreads, higher leverage, and more refined trading conditions.
Exness Standard Account
The Exness Standard Account is an excellent entry point for traders who are new to the forex market. It offers a balance of accessibility and simplicity, designed to make trading easier for beginners. This account features:
- A low minimum deposit, making it affordable for those just starting.
- Competitive spreads and no commissions on most trades, which help keep trading costs down.
- A user-friendly interface and simple conditions, ensuring that even novice traders can navigate the platform with ease.
Exness Standard Cent Account
For those looking to practice their trading strategies in a low-risk environment, the Exness Standard Cent Account is ideal. This account type allows traders to use smaller lot sizes, trading in cents instead of dollars, which makes it perfect for testing new strategies without significant financial risk. Key features include:
- The ability to trade with “cents” instead of full dollar amounts, providing a low-risk entry into live market trading.
- Ideal for beginners or those wishing to experiment with strategies before committing more capital.
- Allows traders to experience the real market environment while minimizing exposure.
Exness Pro Account
The Exness Pro Account is specifically designed for traders who seek professional-grade conditions and high flexibility. This account type combines the benefits of low spreads, fast execution, and no commissions on most trades, making it an attractive option for high-volume traders. Its features include:
- Tight spreads starting from 0.1 pips, helping to reduce trading costs for experienced traders.
- No commissions on the majority of trades, making it cost-effective for frequent traders.
- Instant execution to ensure trades are completed at the requested price, critical for traders with precise entry and exit strategies in volatile markets.
- Higher leverage options for managing larger positions with less capital, suited to traders who are confident in their risk management skills.
Exness Zero Account
The Exness Zero Account is ideal for traders who prioritize precision and cost-efficiency, especially those using high-frequency or news-based strategies. The standout feature of this account is its zero spreads on major instruments, making it highly appealing to traders who need absolute control over costs. Key advantages include:
- Zero spreads on key trading instruments, which means there’s no difference between buy and sell prices.
- Particularly beneficial for high-frequency traders, scalpers, or those involved in news trading who rely on precise cost control.
- A small, fixed commission per trade ensures transparency in pricing, making it easy to calculate exact costs and profits in advance.
Exness Raw Spread Account
The Exness Raw Spread Account is tailored for traders seeking extremely low spreads and a transparent fee structure. This account is designed for traders using scalping, day trading, or other high-frequency strategies where even minor changes in spreads can impact profitability. Features include:
- Ultra-low spreads starting from 0.0 pips on major instruments, ensuring traders can minimize their transaction costs.
- Fixed commission per trade that is clear and predictable, helping traders manage their costs with greater accuracy.
- Stability in pricing, even during volatile market conditions, which allows traders to execute their strategies with confidence.
- High leverage options, making it suitable for experienced traders looking to optimize their capital while maintaining strict control over their trading expenses.
Сomparing Exness Accounts: Which Is Best for You?
Account Type | Minimum Deposit | Spreads | Commission | Leverage | Execution Type | Trading Instruments | Best For | Key Features |
Standard Account | $1 (varies by region) | Floating from 0.3 pips | None (on most instruments) | Up to 1:2000 | Market Execution | Forex, Metals, Cryptos, Energies, Indices | Beginners and traders with low frequency | No commissions, low entry barriers |
Standard Cent Account | $1 (varies by region) | Floating from 0.3 pips | None | Up to 1:2000 | Market Execution | Forex, Metals | New traders, strategy testers, high-frequency traders | Low-risk environment with smaller lot sizes, trade in cents |
Pro Account | $200 | Floating from 0.1 pips | None (on most instruments) | Up to 1:2000 | Instant Execution | Forex, Metals, Cryptos, Energies, Indices | Experienced traders, swing traders | Tighter spreads, fast execution, commission-free on most trades |
Zero Account | $200 | 0.0 pips (on major pairs) | Fixed commission per trade | Up to 1:2000 | Market Execution | Forex, Metals, Energies, Cryptos | High-frequency, scalping, news traders | Zero spreads on key assets, predictable costs with fixed commission |
Raw Spread Account | $200 | 0.0 pips (on major pairs) | Fixed commission per trade | Up to 1:2000 | Market Execution | Forex, Metals, Cryptos | Day traders, scalpers, cost-sensitive traders | Ultra-low spreads, fixed commission, high transparency |
How to Upgrade from Standard to Professional Accounts
If you’re ready to enhance your trading experience and move from a Standard to a Professional account on Exness, upgrading is straightforward. Here’s a step-by-step guide to opening a Professional account and what you need to know about the process
Step 1: Log In to Your Exness Personal Area
Begin by logging in to your Exness Personal Area. From here, you can manage your existing accounts, add new accounts, and access settings.
Step 2: Open a New Professional Account
In the Personal Area, select the option to Open a New Account. Exness allows you to open multiple accounts within your profile, so you can open a Professional account without affecting your current Standard account
Step 3: Customize Your Account Settings
When setting up the new account, you can adjust key settings such as:
Choose the currency for your account balance. Set your preferred leverage level (Professional accounts typically offer higher levels option). Select between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) based on your trading preferences.
Step 4: Verify Your Profile (If not already done)
If your Exness profile is already verified, you won’t need to go through verification again. Verification is a one-time process, allowing you to open multiple accounts without additional checks in the future.
Step 5: Fund Your Professional Account
Once your new Professional account is set up, you can transfer funds from your existing Standard account or deposit directly into the Professional account. Exness offers various deposit methods, so you can fund your account easily and begin trading with enhanced features.
Exness Demo Account
The Exness Demo Account is a chance to try yourself in trading without losing any credits so you can see how good you actually are and which strategy suits you the most and how can you impact with your action
Exness Islamic Account
The Exness Islamic Account is designed for traders following Sharia principles. This swap-free account eliminates interest fees on overnight positions, making it compliant with Islamic law. It’s a great way for Muslim traders to access the markets without paying or receiving interest.
Best Trading Strategies for Each Exness Account Type
Each Exness account type caters to different trading strategies, from beginner approaches to advanced techniques for professionals. Below are the recommended strategies for each account type:
- Exness Standard Account for Trend-Following Strategy
Ideal for beginners, this strategy involves following the overall market trend and trading in the same direction, requiring less frequent monitoring. - Exness Standard Cent Account for Scalping Strategy
Suited for traders who want to try fast-paced trading with minimal risk. Scalping involves making small, quick trades to profit from minor price movements. - Exness Pro Account: Swing Trading
This strategy is perfect for holding trades for several days, capturing medium-term market moves. The Pro Account’s tight spreads and fast execution make it cost-efficient for this approach. - Exness Zero Account for News Trading
The zero spreads on major assets are great for news trading, where traders react quickly to market-moving events like economic reports or central bank updates. - Exness Raw Spread Account for Day Trading
Designed for traders opening and closing multiple trades within a single day. Low spreads and fixed commissions make it perfect for minimizing costs in frequent trading.
Opening Multiple Exness Accounts
Exness allows traders to open and manage multiple accounts under a single profile, offering flexibility to experiment with various strategies and account types. Opening multiple Exness accounts gives traders freedom, and they can organize their trading strategies efficiently. Whether you’re managing different strategies, exploring various account types, or improving risk control, Exness makes it easy to set up and maintain multiple accounts tailored to your specific needs.
Exness Account Types: FAQs
Can I switch my current account type to another one?
No, Exness doesn’t offer the option to change an existing account type. However, you can open a new account of the desired type within your Personal Area.