Types of Exness accounts: Overview that you should know

The current types of Exness accounts each have their own unique features. How to choose the right account type at Exness? Find out more details with EX Trading now!

The types of Exness accounts are currently very diverse, each offering distinct features tailored to different trading styles. So how do you know which account type is best suited for your strategy? Which one should a beginner choose? What options are available for professional traders? In this article, let EX Trading answer all your questions “from A to Z”.

Overview of Available Exness Account Types

Exness prioritizes user experience by offering 5 distinct account types, categorized into two main groups: Standard and Professional. Additionally, a Demo account is available for risk-free practice.

Before trading, understanding the specifications of these types of Exness accounts is crucial to align with your financial goals.

1. Standard Account Group (For Beginners)

This group is designed for new traders, requiring a low minimum deposit and offering commission-free trading.

  • Exness Standard Account: The most popular account. It meets the needs of most traders with stable spreads, no commission, and a minimum deposit of just $10.
  • Exness Standard Cent Account: Perfect for absolute beginners. Balance is displayed in cents (e.g., $10 = 1,000 cents), allowing you to trade with micro-lots to manage risk effectively.

2. Professional Account Group (For Experts)

Designed for experienced traders, these accounts offer ultra-low spreads and fast execution speeds.

  • Exness Pro Account: Offers excellent execution with no commission. It is ideal for day traders who want low spreads without paying extra fees per lot.
  • Exness Raw Spread Account: Features the lowest raw spreads (often 0.0 pips) with a fixed commission per lot. Best for scalpers and algorithmic trading.
  • Exness Zero Account: Guarantees 0.0 pips spread for the majority of the trading day on top 30 pairs, with a commission fee. Perfect for high-volume traders requiring sniper precision.
Exness Professional accounts are used by experienced traders
Exness Professional accounts are favored by experienced traders

See more: Exness Bonus Profitable Opportunity For Traders

Comparison: Pros and Cons of Exness Account Types

To help you choose, here is a detailed breakdown of the advantages and disadvantages:

Account Type Advantages Disadvantages
Standard – Low deposit ($10)
– No commission
– Stable spreads
– Higher spreads than Pro accounts
Standard Cent – Micro-lot trading
– Low risk for learning
– Limited instrument selection
– High spreads
Pro – Instant execution
– No commission
– Low spreads
– Higher minimum deposit ($200)
– Requotes may occur
Raw Spread – Spreads from 0.0 pips
– Fixed commission
– Commission fee applies
– Min deposit $200
Zero – 0.0 pips spread (95% of day)
– Precise execution
– Higher commission than Raw Spread
– Min deposit $200
Pros and Cons of Exness Account Types
Pros and Cons of different Exness Account Types

You can rest assured that rumors about an Exness scam are unfounded, as the broker offers transparent conditions across all account types.

Which Exness Account Should You Open?

Choosing the right account depends on your trading style and capital.

1. Based on Trading Strategy

  • Scalping: The Raw Spread or Zero account is ideal due to tight spreads and fast execution.
  • Day Trading: The Pro account offers a great balance with no commission and instant execution.
  • Swing Trading (Long-term): The Standard account is suitable as spread width matters less for long-term positions.
Choosing account for Swing Trading strategy
Choosing the right account for Swing Trading strategies

2. Based on Experience Level

  • New Traders: Start with Standard Cent or Standard accounts. You can also explore Exness copy trade to learn from professionals.
  • Experienced Traders: The Professional group (Pro, Raw Spread, Zero) provides the technical edge needed for advanced strategies.

See more: Open Exness Account: Latest guide for new traders

Conclusion

The variety of types of Exness accounts ensures that every trader, from novice to expert, finds a suitable environment. EX Trading hopes this breakdown helps you make an informed decision.

FAQ

I'm new to trading, which account type is right for me?

For beginners, the Exness Standard or Standard Cent account is the best choice. They require low deposits and have no commission fees, making learning affordable.

Which account type is best for low spreads?

If low spreads are your priority, the Exness Zero or Raw Spread account is ideal, offering spreads from 0.0 pips.

Can I change my account type later?

You cannot change the type of an existing account, but you can open multiple trading accounts of different types within your Personal Area instantly.

If you do not have an Exness trading account, please register now at the link:

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