We provide an in-depth analysis of each Exness account type, including Standard, Professional, Demo, Islamic, and Social Trading accounts. Understanding their specifications will help you choose the most suitable option for your trading needs.
Exness Standard Accounts
Exness standard accounts are designed for traders who prefer a straightforward and commission-free trading experience. These accounts offer a balance between flexibility and affordability, making them a popular choice for retail traders.
Standard Account
The Standard account is suitable for traders of all experience levels. It provides tight spreads, no commission, and access to multiple trading instruments.
Key features of the standard account:
- Minimum Deposit: No specific minimum deposit requirement, making it accessible to traders with varying budgets.
- Spread: Floating spread starting from 0.3 pips.
- Commission: No commission on trades.
- Leverage: Up to unlimited leverage, depending on regulatory restrictions.
- Execution Type: Market execution, ensuring orders are filled at the best available price.
- Trading Platforms: Available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- Trading Instruments: Forex, metals, energies, stocks, indices, and cryptocurrencies.
- Ideal For: Traders looking for a simple, cost-effective account with no commission and a low spread.
Standard Cent Account
The Standard Cent account is designed for beginners who want to start trading with minimal risk. It allows traders to trade in cents instead of standard units, making it an excellent choice for practicing and learning the market dynamics.
Key features of the standard cent account:
- Minimum Deposit: No minimum deposit requirement.
- Spread: Floating spreads from 0.3 pips.
- Commission: No commission.
- Leverage: Up to unlimited.
- Execution Type: Market execution.
- Trading Platforms: Available on MT4 only.
- Trading Instruments: Forex and metals.
- Ideal For: Beginners who want to practice trading with minimal capital and lower risks.
Exness Professional Accounts
Exness Professional accounts offer traders advanced features, tighter spreads, and premium trading conditions. These include the Pro, Raw Spread, and Zero account types.
Pro Account
The Pro account is designed for experienced traders who prefer instant execution and tight spreads without commissions. This account provides a balance between professional trading conditions and affordability.
Key features of the pro account:
- Minimum Deposit: $200.
- Spread: Starting from 0.1 pips.
- Commission: No commission.
- Leverage: Up to unlimited leverage.
- Execution Type: Instant execution, meaning orders are filled at the requested price or requoted if the price changes.
- Trading Platforms: Available on MT4 and MT5.
- Trading Instruments: Forex, metals, indices, energies, stocks, and cryptocurrencies.
- Ideal For: Professional traders who prefer instant execution and competitive spreads without commission.
Raw Spread Account
The Raw Spread account is ideal for scalpers and day traders who require the lowest spreads possible. It provides direct market access with minimal spreads and a fixed commission per lot.
Key features of the raw spread account:
- Minimum Deposit: $200.
- Spread: Starting from 0.0 pips.
- Commission: $3.50 per lot per side ($7 round-trip).
- Leverage: Up to unlimited leverage.
- Execution Type: Market execution.
- Trading Platforms: Available on MT4 and MT5.
- Trading Instruments: Forex, metals, indices, stocks, and energies.
- Ideal For: Scalpers and high-frequency traders who need the lowest possible spreads.
Zero Account
The Zero account is tailored for traders who need fixed zero spreads on specific assets, such as major forex pairs. It is suitable for traders who execute large volumes and require predictable trading costs.
Key features of the zero account:
- Minimum Deposit: $200.
- Spread: 0.0 pips on major currency pairs.
- Commission: From $0 per lot, depending on the asset.
- Leverage: Up to unlimited leverage.
- Execution Type: Market execution.
- Trading Platforms: Available on MT4 and MT5.
- Trading Instruments: Forex, metals, indices, energies, and stocks.
- Ideal For: High-volume traders who trade major currency pairs and require a fixed zero spread.
Exness Demo Account
The Exness demo account is designed for traders who want to practice trading strategies in a risk-free environment. It allows traders to test the platform, develop strategies, and gain experience before switching to a live account.
Key features of the demo account:
- Minimum Deposit: No deposit required.
- Spread: Simulated market conditions.
- Commission: No commission.
- Leverage: Up to unlimited leverage.
- Execution Type: Market execution.
- Trading Platforms: Available on MT4 and MT5.
- Ideal For: Beginners, strategy testing, and learning how to use the trading platform.
Exness Islamic (Swap-Free) Accounts
Exness offers swap-free (Islamic) accounts for traders who follow Sharia law, which prohibits interest-bearing transactions. These accounts do not charge overnight swap fees on selected assets.
Key features of the islamic account:
- Swap-Free: No overnight interest fees on major forex pairs, gold, and some indices.
- Spread: Same as standard and professional accounts.
- Commission: No overnight fees, but a small fixed fee applies to certain instruments.
- Leverage: Up to unlimited leverage.
- Execution Type: Market execution.
- Trading Platforms: Available on MT4 and MT5.
- Ideal For: Muslim traders who require Sharia-compliant trading conditions.
Exness Social Trading Accounts
Exness offers Social Trading, which allows investors to copy professional traders’ strategies without actively managing trades. This is an excellent option for beginners or those who prefer passive income.
Key features of the social trading account:
- Minimum Deposit: Varies depending on the strategy provider.
- Copy Trading: Investors can automatically copy trades from experienced traders.
- Trading Platforms: Managed via the Exness Social Trading App.
- Commission: Strategy providers earn a percentage of copied trades.
Ideal for:
- Investors who want a hands-free trading experience.
- Strategy Providers who want to earn commissions by allowing others to copy their trades.
Conclusion
Exness offers a diverse range of account types tailored to different trading needs. Whether you are a beginner looking for a simple trading environment, a professional trader needing low spreads and fast execution, or an investor looking for passive income opportunities, Exness provides flexible options. With features such as unlimited leverage, tight spreads, commission-free accounts, and swap-free options, traders can choose an account that best fits their trading strategy.
With Exness customer support, instant withdrawals, and advanced trading platforms like MT4 and MT5, traders can enjoy a seamless trading experience. Choosing the right account depends on your trading experience, goals, and risk tolerance. For additional help, Exness offers support and educational resources to assist you in getting started.
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FAQs
Which Exness account is best for beginners?
The Standard and Standard Cent accounts are best for beginners due to their low spread, no commission, and no minimum deposit requirements.