Selecting the appropriate trading account is a pivotal step in your trading journey. Exness offers a diverse range of account types, each meticulously designed to cater to varying trading styles and experience levels. This guide provides an in-depth look into Exness’s account offerings, assisting you in making an informed decision.
Overview of Exness Account Types
Exness categorizes its accounts into two primary groups:
- Standard Accounts: Ideal for beginners and intermediate traders.
- Professional Accounts: Crafted for seasoned traders seeking advanced features.
Standard Accounts
Standard accounts are user-friendly and versatile, making them suitable for traders at the onset of their trading careers.
1. Standard Account
- Minimum Deposit: No fixed minimum; depends on the chosen payment method.
- Spreads: Starting from 0.3 pips.
- Commission: None.
- Instruments: Forex, metals, cryptocurrencies, energies, stocks, and indices.
- Order Execution: Market execution.
This account is perfect for traders seeking straightforward trading conditions without additional costs.
2. Standard Cent Account
- Minimum Deposit: No fixed minimum; depends on the chosen payment method.
- Spreads: Starting from 0.3 pips.
- Commission: None.
- Leverage: Up to 1:Unlimited.
- Instruments: Forex and metals.
- Order Execution: Market execution.
The Standard Cent Account is tailored for those new to trading, allowing them to trade smaller volumes, thereby minimizing risk exposure.
Professional Accounts
Professional accounts are designed for traders with substantial experience, offering enhanced features and competitive trading conditions.
1. Pro Account
- Minimum Deposit: Yes; varies by region.
- Spreads: Starting from 0.1 pips.
- Commission: None.
- Instruments: Forex, metals, cryptocurrencies, energies, stocks, and indices.
- Order Execution: Instant execution for most instruments.
The Pro Account is suitable for traders who prefer instant execution and competitive spreads without incurring commissions.
2. Raw Spread Account
- Minimum Deposit: Yes; varies by region.
- Spreads: Starting from 0.0 pips.
- Commission: From 0.05 USD each side per lot.get.exness.help
- Leverage: Up to 1:Unlimited.
- Instruments: Forex, metals, cryptocurrencies, energies, stocks, and indices.
- Order Execution: Market execution.
This account is ideal for traders who prioritize minimal spreads and are comfortable with a commission-based structure.
3. Zero Account
- Minimum Deposit: Yes; varies by region.tradersunion.com
- Spreads: Starting from 0.0 pips.
- Commission: Up to 3.50 USD each side per lot.
- Leverage: Up to 1:Unlimited.
- Instruments: Forex, metals, cryptocurrencies, energies, stocks, and indices,
- Order Execution: Market execution.
The Zero Account offers zero spreads on major instruments for a significant portion of the trading day, making it attractive to high-frequency traders and scalpers.
Choosing the Right Account
Your choice of account should align with your trading experience, strategy, and financial goals. Beginners might find the Standard or Standard Cent accounts more accommodating, while experienced traders may prefer the advanced features of Professional accounts.
Note: Trading involves significant risk. Ensure you understand the terms and conditions of each account type before proceeding.