Exness is one of the world’s largest and most reputable forex exchanges, with more than 10 years of experience in this field. Exness offers traders a variety of account options to suit their needs and goals. In this article, EX Trading will introduce you to the types of accounts Exness offers, distinguish between them, and Exness open account .
Types of trading accounts Exness offers to traders
Exness offers us many different account types. Each account type has different advantages and features. Exness open account we open to suit trading purposes?
Standard Exness account
Standard Exness account is the most popular account type, suitable for most traders. This type of account has the following characteristics:
- There is no minimum deposit amount
- No transaction fees
- Low spreads, from 0.3 pips
- There is flexible leverage from 1:2 to 1:2000
- More than 120 currency pairs and precious metals can be traded
- Diverse payment methods
Standard Cent Exness account
The Standard Cent Exness account is an account type for traders who are just starting or want to test trading strategies. The account has the following characteristics:
- The minimum deposit required is 1 USD
- No transaction fees
- Low spreads, from 0.3 pips
- There is flexible leverage from 1:2 to 1:2000
- More than 30 currency pairs and precious metals can be traded
- Diverse payment methods
- Use scents to calculate, helping to reduce risks and manage capital effectively
Exness Zero account
The Exness exchange is quite diverse, Exness open account? The Exness Zero account is an account type for professional traders or those who want to have a trading experience like the interbank market. This type of account has the following characteristics:
- The minimum deposit required is 200 USD
- The transaction fee is 3.5 USD per lot
- Super low spreads, from 0 pips
- There is flexible leverage from 1:2 to 1:2000
- More than 60 currency pairs and precious metals can be traded
- Diverse payment methods
- Use ECN technology to connect directly with liquidity providers. Thereby minimizing price slippage and re-quotation
Exness Raw Spread Account
The Raw Spread Exness account is a new account type launched in 2020, for traders who want the lowest possible spreads. This account features:
- The minimum deposit required is 200 USD
- The transaction fee is 3.5 USD per lot
- Has extremely low spreads, from -0.1 pip
- There is flexible leverage from 1:2 to 1:2000
- More than 60 currency pairs and precious metals can be traded
- Diverse payment methods
- Use ECN technology to connect directly with liquidity providers. Thereby, helping to minimize price slippage and re-quotation
Pro Account
Pro accounts are Exness’s most advanced account type, for professional traders or those who want the best trading conditions. The Pro account type has many of the following advantages:
- The minimum deposit required is 200 USD
- No transaction fees
- Low spreads, from 0.1 pip
- There is flexible leverage from 1:2 to 1:2000
- More than 120 currency pairs and precious metals can be traded
- Diverse payment methods
- Use NDD technology to ensure transparency and fairness in transactions
Distinguish between types of Exness open account
Comparison between Standard and Pro accounts on Exness
Exness Standard and Pro accounts do not charge trading fees, but there are differences in spreads and the number of trading products. Standard accounts have spread from 0.3 pip, while Pro accounts have spread from 0.1 pip. The Standard account can trade more than 120 currency pairs and precious metals, while the Pro account can only trade more than 60 currency pairs and precious metals.
Comparison between Exness Zero and Raw Spread accounts
Exness Zero and Raw Spread accounts both charge a trading fee of 3.5 USD per lot, but there are differences in spreads and trading technology. Zero accounts have spread from 0 pip, while Raw Spread accounts have spread from -0.1 pip. The Zero account uses ECN technology, while the Raw Spread account uses NDD technology. This means that the Zero account will have faster order processing speed and less slippage than the Raw Spread account.
>>>See more: Open Exness Account: Latest guide for new traders
Which Exness account is best to open?
Exness account is for traders
New investors
If you are a new investor, you should choose the Standard Cent Exness account because:
- The minimum deposit is 1 USD to start trading
- No transaction fees
- Trade with small amounts, from only 0.01 USD per lot
- Learn and test trading strategies without worrying about risks
- You can upgrade to other account types as you gain experience and capital
Investors have a lot of experience in trading
If you are an experienced investor, you can choose one of the following three account types: Pro, Zero, or Raw Spread for the following reasons:
- Trade large amounts, from 0.1 USD to 200 USD per lot
- Save transaction costs with low spreads or no transaction fees
- Trade like an interbank market with ECN or NDD technology
Account for Exness trading strategies
Scalping Strategy
Scalping is a trading strategy in which traders open and close many short-term orders in a day, aiming to profit from small market fluctuations. To apply this strategy, you need an account with low spreads, low trading fees, and fast order processing speed.
Daily Trade Strategy
Daily Trade is a trading strategy in which traders open and close orders on the same day, aiming to profit from market trends and news. With this strategy, you need an account with low spreads, no trading fees, and many trading products.
Long Time/Swing Strategy
Long Time/Swing is a trading strategy where traders open and hold positions for multiple days, weeks, or months, aiming to profit from long-term market trends. To apply this strategy, you need an account with flexible leverage, no trading fees, and multiple trading products.
Instructions for quickly Exness open account
To register an Exness real account, you just need to follow these steps:
Step 1: Visit the Exness website: Exness.com
Step 2: Select Register in the upper right corner of the screen.
Step 3: Enter your email address and password, then tap the Sign Up button.
Step 4: Check your email and click on the confirmation link to complete the registration process.
Step 5: Log in to your Exness login and choose the type of account you want to open.
Step 6: Fund your Exness account using the appropriate payment method.
Step 7: Complete and you can start trading forex with Exness.
So the article on EX Trading has helped you answer the question “Exness open account” and detailed information about account types on Exness. Hopefully, this can help you choose and give yourself a suitable forex trading plan on Exness. Wishing you successful trading!
FAQ:
What is the difference between Standard and Pro accounts on Exness?
Exness Standard and Pro accounts have differences in spreads and a number of trading products. Standard accounts have spread from 0.3 pip, while Pro accounts have spread from 0.1 pip.
What is an Exness Pro account?
Pro accounts are Exness’s most advanced account type, for professional traders or those who want the best trading conditions.
What is a scaling strategy?
Scalping is a trading strategy in which traders open and close positions in short periods, from a few seconds to a few minutes, to make profits from small market fluctuations.
>>>See more: Sign Up Exness: Instructions are simple and quick
