Exness Account Types Guide 2024: Which Trading Account to Choose?

Overview of Exness Account Types

Exness provides several account types, ensuring there’s something for every trader, from beginners to professionals. The main Exness accounts include:

Standard Account: A popular choice for all levels of traders.
Standard Cent Account: Ideal for beginners with low risk.
Raw Spread Account: Offers low spreads for more experienced traders.
Zero Account: Designed for traders who need zero spreads on major instruments.
Pro Account: Best for experienced traders looking for premium trading conditions.
Islamic Account: Swap-free accounts compliant with Sharia law.

This comprehensive range of accounts allows traders to select the one that best suits their needs. To learn more about each account type, visit the Exness account types section.

Exness Standard Account

The Exness Standard Account is the most popular account type, offering a balance of low costs and user-friendly features. It is suitable for both beginner and experienced traders.

Key Features of the Standard Account:

Spreads: Starting from 0.3 pips.
Commission: No commission on trades.
Minimum Deposit: Starts from $10, making it accessible to most traders. For more details, check out the Exness minimum deposit information.
Leverage: Up to 1:2000, depending on region and instrument.

This account is ideal for those who want straightforward, commission-free trading.

Exness Standard Cent Account

The Exness Standard Cent Account is perfect for beginners who want to trade with minimal risk. This account allows you to trade with cents rather than dollars, helping you practice trading strategies without risking significant capital.

Key Features of the Standard Cent Account:

Spreads: Starting from 0.3 pips.
Commission: No commission.
Minimum Deposit: Very low, starting from $1.
Leverage: Up to 1:2000, depending on the region.

The Standard Cent account is a great way to get started with forex trading while learning to manage your funds effectively. If you’re unsure where to begin, consider trying out the Exness demo account for risk-free practice.

Exness Raw Spread Account

The Raw Spread Account is designed for more experienced traders who prefer tight spreads and don’t mind paying a commission for each trade.

Key Features of the Raw Spread Account:

Spreads: Starting from 0.0 pips.
Commission: $3.50 per lot per side.
Minimum Deposit: $500.
Leverage: Up to 1:2000.

This account is perfect for scalpers and high-frequency traders who rely on tight spreads for precise trading. For more details on costs, visit the Exness fees section.

Exness Zero Account

The Exness Zero Account provides zero spreads on the most liquid forex pairs, making it ideal for traders who need exact cost predictability.

Key Features of the Zero Account:

Spreads: 0.0 pips on selected instruments.
Commission: Varies, starting from $3.50 per lot per side.
Minimum Deposit: $500.
Leverage: Up to 1:2000.

The Zero Account is designed for traders who want to take advantage of no spread trading on major pairs.

Exness Pro Account

The Exness Pro Account is tailored for professional traders looking for premium trading conditions with no commissions and tight spreads.

Key Features of the Pro Account:

Spreads: Starting from 0.1 pips.
Commission: No commission on trades.
Minimum Deposit: $500.
Leverage: Up to 1:2000.

The Pro Account is perfect for experienced traders who prefer tight spreads without commission fees.

Exness Islamic Account

The Exness Islamic Account is swap-free and fully compliant with Sharia law, making it ideal for traders from Islamic countries. All Exness account types can be converted into Islamic accounts upon request.

Key Features of the Islamic Account:

Swap-Free: No swap fees on overnight positions.
Spreads: Starting from 0.3 pips (Standard Account) or 0.0 pips (Raw Spread Account).
Leverage: Up to 1:2000.

For more details on how to open an Islamic account, check the Exness customer support section.

How to Change Your Exness Account Type

If you want to change your account type in Exness, it’s a simple process. Here’s how you can do it:

Log in to Your Exness Account: Go to the Exness platform and log in.
Open a New Account: Select the “Open New Account” option in your account dashboard.
Choose a New Account Type: Pick the account type you want to switch to (Standard, Raw Spread, Zero, etc.).
Verify Your Account: Complete any verification if needed, especially for professional accounts.
Fund Your New Account: Deposit the minimum amount required for the new account.

To explore more details about how to manage your accounts, visit the Exness account opening section.

FAQs

What are the different account types offered by Exness in 2024?

Exness offers a variety of account types to suit different trading needs, including the Standard Account, Standard Cent Account, Raw Spread Account, Zero Account, Pro Account, and Islamic Account. Each account type is tailored for different levels of trading experience.

What is the minimum deposit for Exness accounts?

The minimum deposit varies by account type. The Standard and Standard Cent accounts require a minimum deposit of just $10, while the Raw Spread, Zero, and Pro accounts require a minimum deposit of $500.

Which Exness account is best for beginners?

The Standard and Standard Cent accounts are ideal for beginners. These accounts offer commission-free trading with low minimum deposits and user-friendly features.

What are the trading conditions for the Exness Raw Spread Account?

The Exness Raw Spread Account offers spreads starting from 0.0 pips, with a commission of $3.50 per lot per side. It is best suited for experienced traders looking for low spreads and precision trading.

How can I change my Exness account type?

To change your Exness account type, simply log into your account, open a new account, and select the account type you want. Complete any necessary verification and fund your new account.