Exness – Account Types

Exness – Account Types

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Exness - Account Types

Overall Rating

4.9/5

Rated #2 of
Recommended FX Brokers

💰Min. Deposit

USD 10.00

🌐Regulators

FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius)

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

107

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Our Exness Account Types Revealed.

Exness Overview

Established in 2008, Exness is a multi-regulated broker based in Saint Vincent and the Grenadines, Cyprus, and the United Kingdom, with offices spread across other regions. Exness offers traders from around the world some of the best, most competitive trading conditions found across different account types.

Exness has a divided nature that enables the broker to cater for global clients who need tailor-made financial services in addition to offering comprehensive investment solutions, a plethora of opportunities, and a conducive environment for retail and corporate partnerships and solutions.

The broker serves clients based in the EEA region in addition to several jurisdictions around the world and through the years, Exness has become a globally recognized broker that has won several industry awards for its excellent services and unique offering.

Despite their trading level, styles, or experience, all types of traders are welcome, and they can make use of the innovative trading technology and powerful trading platforms that Exness offers.

Exness Account Types

Exness provides 6 dynamic account types that are tied to MetaTrader 4 or MetaTrader 5, offering flexible trading conditions and solutions. The account types that traders can expect with Exness include the following.

  • MetaTrader 4 Standard Account
  • MetaTrader 4 Standard Cent Account
  • MetaTrader 5 Standard Account
  • MetaTrader 4/5 Raw Spread Account
  • MetaTrader 4/5 Zero Account
  • MetaTrader 4/5 Pro Account

In addition to offering a choice between these account types, Exness also offers the option for a demo account, allowing traders to benefit from a risk-free platform where they can practice trading, test strategies, and explore what Exness offers.

Muslim traders of the Sharia faith also have the option of converting their live trading account to that of an Islamic account, exempting them from interests and rollovers.

Exness Account Features

MetaTrader 4 Standard Account

The MetaTrader 4 Standard Account is an account that offers unique solutions for all types of traders, offering the following specifications.

  • A minimum deposit from $10, depending on the payment method
  • Unlimited leverage ratio
  • Access to forex, metals, cryptocurrencies, energies, and indices
  • Commission-free trading
  • Variable spreads from 0.3 pips
  • Micro-lot trading from 0.01 lots
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Market execution on trades
  • Unlimited positions that can be traded
  • Hedged margin of 0% and a margin call of 60%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

MetaTrader 4 Standard Cent Account

This account type is perfect for beginner traders, allowing them access to a live trading environment in which they can start trading micro-lots. The specifications of this account type include the following.

  • A minimum deposit from $10, depending on the payment method
  • Unlimited leverage ratio
  • Access to forex and metals
  • Commission-free trading
  • Variable spreads from 0.3 pips
  • Micro-lot trading from 0.01 lots
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Market execution on trades
  • Maximum of 1,000 positions at a given time
  • Hedged margin of 0% and a margin call of 60%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

MetaTrader 5 Standard Account

The MetaTrader 5 Standard Account is an ideal option for all traders who prefer using MetaTrader 5 to MetaTrader 4. This account has the following specifications.

  • A minimum deposit from $10, depending on the payment method
  • Unlimited leverage ratio
  • Access to forex, metals, cryptocurrencies, energies, cryptocurrencies, indices, and stocks
  • Commission-free trading
  • Variable spreads from 0.3 pips
  • Micro-lot trading from 0.01 lots
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Unlimited positions that can be traded
  • Market execution on trades
  • The hedged margin of 0% and a margin call of 60%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

MetaTrader 4/5 Raw Spread Account

The Raw Spread Account can be used on either MetaTrader 4 or MetaTrader 5 and it is the best option for traders who want the tightest spreads and low, fixed commission charges. The specifications of this account are as follows.

  • A minimum deposit from $500
  • Unlimited leverage ratio
  • Access to forex, metals, cryptocurrencies, energies, cryptocurrencies, indices, and stocks
  • Commissions charged up to $3.5
  • Variable spreads from 0.0 pips
  • Micro-lot trading from 0.01 lots
  • Market execution on trades
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Unlimited positions that can be traded
  • Hedged margin of 0% and a margin call of 30%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

MetaTrader 4/5 Zero Account

The Zero Account is popular for its 0-pip spreads, and it also allows traders to obtain the lowest spreads for 95% of the trading day on 30 different forex pairs. The specifications on this account type are as follows.

  • A minimum deposit from $500
  • Unlimited leverage ratio
  • Access to forex, metals, cryptocurrencies, energies, cryptocurrencies, indices, and stocks
  • Commissions are charged from $3.5 per side
  • Variable spreads from 0.0 pips
  • Micro-lot trading from 0.01 lots
  • Market execution on trades
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Unlimited positions that can be traded
  • Hedged margin of 0% and a margin call of 30%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

MetaTrader 4/5 Pro Account

The Pro Account is specifically designed to cater for professional traders who need the best trading conditions available in addition to instant execution and commission-free trading. The specifications on this account are as follows.

  • A minimum deposit from $500
  • Unlimited leverage ratio
  • Access to forex, metals, cryptocurrencies, energies, cryptocurrencies, indices, and stocks
  • Commission-free trading
  • Variable spreads from 0.1 pips
  • Micro-lot trading from 0.01 lots
  • Instant and Market execution on trades
  • Maximum trading size of 200 lots from 7:00 am to 08:59 pm and 20 lots from 09:00 pm to 6:59 am
  • Unlimited positions that can be traded
  • Hedged margin of 0% and a margin call of 30%, with a stop-out level of 0%
  • The ability to convert this account to an Islamic Account

Exness Demo Account

Exness offers traders the option of registering a demo account that can be used to serve the following purpose.

  • A practice account where traders can learn how to trade before they enter live trading environments.
  • A risk-free platform where more experienced traders can test their trading strategies.
  • The perfect platform where traders can explore what Exness offers before they commit to registering a live trading account with the broker.

Exness Islamic Account

The purpose of an Islamic Account is that it caters specifically for Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

Exness offers Muslim traders the chance to register a live trading account with the broker, with the benefit that they can convert all account types to an Islamic Account.

Exness offers Muslim traders two different levels of Islamic accounts, namely a Standard Swap-free and an extended swap-free account. Traders who have extended swap-free status can access the following trading instruments.

  • AUD/NZD
  • AUD/USD
  • EUR/CHF
  • EUR/USD
  • GBP/JPY
  • GBP/USD, and several others.

Exness Pros and Cons

PROS CONS
Globally recognized broker with multi-regulation United States clients are not accepted
Negative balance protection is applied to retail accounts Limited financial instruments offered
Unlimited leverage offered
Demo account and Islamic account offered
The Islamic account option is available on all account types
MetaTrader 4 and MetaTrader 5 supported

EXNESS AT A GLANCE

Broker's Name Exness
Headquartered SVG, Cyprus, United Kingdom
Year Founded 2008
Regulating Authorities FSA, CySEC, FCA, FSCA, CBCS, FSC
Countries not accepted for trade United States
Islamic Account (Swap Free) Yes
Demo Account Yes
Institutional Accounts No
Managed Accounts No
Maximum Leverage Unlimited
Minimum Deposit $10
Deposit Options
  • Bitcoin
  • Bank Cards
  • Internet Banking
  • Skrill
  • Neteller
  • Perfect Money
  • USDT Omni
  • WebMoney
  • Mybux
  • Ozow
  • SnapScan
Withdrawal Options
  • Bitcoin
  • Bank Cards
  • Internet Banking
  • Skrill
  • Neteller
  • Perfect Money
  • USDT Omni
  • WebMoney
  • Mybux
  • Ozow
  • SnapScan
Platform Types
  • MetaTrader 4
  • MetaTrader 5
OS Compatibility Web browsers, Windows, macOS, Linux, Android, iPhone, tablets, iPads
Tradable Assets
  • Forex
  • Energies
  • Indices
  • Metals
  • Cryptocurrencies
  • Stocks
Languages supported on Website English, Russian, Spanish, German, French, Italian, Portuguese, Vietnamese, Traditional Chinese, Simplified Chinese, Thai, Indonesian, Bangla, Korean, Urdu, Arabic, Hindi
Customer Support Languages Multi-lingual
Customer Service Hours 24/5

You might also like: Exness Demo Account

You might also like: Exness Fees and Spreads

You might also like: Exness Islamic Account

You might also like: Exness Minimum Deposit

Overall Rating

4.9/5

Rated #2 of
Recommended FX Brokers

💰Min. Deposit

USD 10.00

🌐Regulators

FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC (Mauritius)

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

107

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

FAQ

TRADING ENVIRONMENT

How many instruments can I trade with Exness?

You can trade any of the following instruments.

  • Forex
  • Energies
  • Indices
  • Metals
  • Cryptocurrencies
  • Stocks

Which platforms are supported by Exness?

Exness supports the use of the following.

  • MetaTrader 4
  • MetaTrader 5

Does Exness offer leverage?

Yes, Exness offers an unlimited leverage ratio.

What spreads can I expect with Exness?

You can expect spreads from as low as 0.0 pips.

Does Exness charge commission?

Yes, Exness charges the following commissions.

  • Raw Spread Account – up to $3.5 per side
  • Zero Account – from $3.5 per side

Are there additional charges on the Islamic account?

No, there are no additional charges on the Islamic Account.

Is Exness regulated and by whom?

Yes, Exness is regulated by FSA, CySEC, FCA, FSCA, CBCS, FSC.

Is Exness a recommended forex trading broker for experts and beginners?

Yes, Exness is a broker that caters for both beginners and experts.

What is the overall rating out of 10 for Exness?

8/10.

ACCOUNTS

What is the difference between a demo and a live trading account?

A demo account is a practice account that can be used by both beginner and professional traders. Beginners can use a demo account to practice their trading while more advanced traders can use it to test their trading strategies.

Alternatively, traders can also use a demo account to explore what a broker has to offer. Demo accounts are known for the risk-free environment that they offer along with the virtual funds which are used to trade.

Does Exness offer a demo account?

Yes, Exness offers a demo account.

How long is the demo account valid?

The demo account is valid for an unlimited time.

Which live trading accounts does Exness offer?

Exness offers the following trading accounts.

  • MetaTrader 4 Standard Account
  • MetaTrader 4 Standard Cent Account
  • MetaTrader 5 Standard Account
  • MetaTrader 4/5 Raw Spread Account
  • MetaTrader 4/5 Zero Account
  • MetaTrader 4/5 Pro Account

Does Exness offer an Islamic Account?

Yes, Exness offers an Islamic Account option on all live account options.

What are the available deposit currencies for a live trading account?

  • USD
  • AUD
  • GBP
  • ZAR
  • CHF, and more.

DEPOSITS AND WITHDRAWALS

What is the minimum deposit required to open an account with Exness?

$10.

How do you make a deposit and withdraw money with Exness?

  • Bitcoin
  • Bank Cards
  • Internet Banking
  • Skrill
  • Neteller
  • Perfect Money
  • USDT Omni
  • WebMoney
  • Mybux
  • Ozow
  • SnapScan

Does Exness charge withdrawal fees?

No, Exness does not charge any withdrawal fees. However, some payment providers have fee structures that Exness cannot be held liable for.

How long does it take to make a withdrawal?

Withdrawals with Exness take up to 72 hours according to the official website.