How to Sign Up an Exness Trading Account
Exness is a globally recognized online broker that has been providing trading services since 2008. If you are interested in opening an account with Exness, we will guide you step by step through the entire account opening process – from registration to depositing your account and placing your first trade. We aim to make signing up with Exness quick and hassle-free so you can focus on developing your trading strategy.
Instructions for Registering an Exness Account
Registering with Exness is a simple process that takes only a few minutes. You can open a live account in the browser and in the mobile app, after which you can use the MT4 and MT5 trading platforms.
- Go to the official website of the Exness broker
You should start by visiting the official Exness website at www.exness.com. - Click on the “Register” button
On the main page, click on the bright yellow “Register” button, which is usually located in a prominent place when you open the page, or at the top. - Fill in the required fields in the registration form
You must select the country/region in which you reside (it is important that it is the same as indicated in your official documents); enter your email address; come up with a suitable password; make sure that you check the box confirming that you are not a US citizen or resident.Once you have selected and filled in everything you need, click “Continue”. - Confirm your email address
Check the email address you provided during registration for a confirmation link from Exness. Click on the link to confirm your email address. - Complete your profile
Before you can start trading, you will need to provide additional information such as your ID and proof of residence. This is necessary for account verification and security purposes.Below we will take a closer look at this step. - Choose the right type of trading account offered by Exness
Once you have successfully verified your account, you can choose the right trading account for you. There are 2 types of Standard accounts and 3 Professional accounts to choose from. - Fund your account (optional)
If you would like to start trading immediately, please fund your account using the available payment methods, which you can read about below. We recommend that you practice on the Demo account first, and only then move on to trading on the Live account.
Opening an Exness Account on the Mobile App
Another option for signing up with Exness is to register in the mobile application, which is available for Android and iOS. Registering is as quick and easy as using a browser.
- To get started, you need to download the Exness Trading App (if you haven’t already) from Google Play or the App Store, depending on your device.
- Open the Exness app and click on the “Register” button.
- Select your country of residence from the list and make sure it matches your official documents.
- Enter your email address to which you will receive a confirmation message.
- Choose a strong, unique password that meets the requirements of the application. After that, click “Continue”.
- You can now choose to complete your profile further by providing proof of identity and residency documents for account verification.
- After successful verification, you can choose the type of trading account and if you are ready to start trading, choose the deposit method and deposit funds into your new Exness account.
Remember to save your login credentials and enable two-factor authentication for added security. Feel free to contact Exness customer support via the app for any assistance.
Verifying Your Account
Trading account verification is a mandatory process at Exness, without it you will not be able to trade on a Real account.
To verify your account, you need to upload copies of the following documents:
- Proof of identity: A valid passport, driver’s license, or other government-issued ID.
- Proof of residency: A recent utility bill, bank statement, or other document that shows your current address.
To complete the verification process, you need to:
- Log in to your Exness account.
- Click on the “Profile” tab.
- Click on the “Verify your account” button.
- Upload clear, high-quality scans or photographs of your documents.
- Click on the “Submit” button.
Account verification usually takes 1-2 business days. However, it may take longer if your documents are incomplete or illegible.
If your verification is denied, you will receive an email from Exness with instructions on how to appeal the decision.
Choosing the Right Account Type
The choice of Exness account type is very important for successful trading. Below is a breakdown of Exness account types to help you make an informed decision:
Standard Accounts
If you’re a beginner, the Standard Accounts at Exness are the right choice for you. For experienced traders, they can also be a good choice. Key features include competitive spreads and no fees, making them cost-effective for regular trading. Leverage options are also flexible, allowing traders to choose a level that suits their risk appetite and strategy. In the standard account category, there are two types tailored to specific needs. The Standard Cent account is particularly well suited for those just starting out in trading, offering less risk due to smaller trade sizes. For more experienced traders, a Standard account offers more flexibility and the ability to handle larger trading volumes.
Professional Accounts
Professional accounts are suitable for traders with more experience and higher risk tolerance. These accounts are designed for advanced traders, offering features such as narrower spreads for cost-effectiveness, fast execution for quick entry and exit, and higher leverage to maximize trading potential. The most popular types of professional accounts are the Raw Spread and Zero accounts. The Raw Spread account is ideal for traders who prefer to trade with the lowest spreads, while the Zero account is designed for those looking for zero spreads on major currency pairs. Both account types are ideal for high volume traders who require fast execution and a more aggressive trading environment.
Using Demo and Real Accounts on Exness
In addition to the Real trading account, Exness also offers a Demo account.
Exness allows you to start trading on a demo account. After registration, you will automatically receive a demo account with $10,000 virtual cash, ready to experiment.
- Improve your trading skills, test strategies and experiment with tools without risking real money, try trading through Metatrader 4 and 5.
- Familiarize yourself with the platform: Familiarize yourself with the Exness trading platform, learn its features and gain confidence before diving into the real markets.
- Develop your trading psychology: Manage your emotions, practice discipline and embrace the psychological ups and downs of trading.
After you gain trading experience, we suggest you switch to a Real Trading Account where you can trade real trading instruments and earn real profits.
Choosing Between Demo and Real:
- Beginners: Start with a demo account to build your foundation and confidence.
- Experienced traders: Use a demo account to test new strategies or instruments before risking real capital.
- Ready to trade: Open a real account when you’re comfortable with the platform, have a solid trading plan, and can manage risk responsibly.
Remember:
- Demo accounts are not forever: Most Exness demo accounts come with a limited lifespan, so use them wisely and transition to real trading when you’re ready.
- Real accounts come with real risk: Always practice proper risk management and never invest more than you can afford to lose.
Deposit to Your Exness Account
Before you can start trading, you must fund your trading account. Exness offers a variety of deposit methods, including:
- Bank Transfers: Reliable and familiar, bank transfers offer security and larger deposit limits.
- Credit/Debit Cards: Instant and convenient, card deposits provide immediate access to your funds.
- Online Payment Systems: E-wallets like Skrill and Neteller offer swift and secure transactions.
- Cryptocurrency Deposits: Embrace the future of finance with instant Bitcoin and Tether deposits.
Each deposit method has its own set of instructions. Carefully follow the prompts on your screen, providing any necessary details like bank account numbers or crypto wallet addresses.
Tips for Trading with Exness
Start with a Demo Account
Use an Exness demo account to practice trading risk-free. This is a great way to get used to the features and tools of the trading platform without risking real money.
Educate Yourself
Before you start trading with Exness, take the time to learn about the financial markets, trading strategies and the specific instruments you plan to trade. Exness offers a variety of educational resources that can be extremely helpful.
Manage Your Risk
Risk management is vital in trading. Use tools such as stop-loss orders to limit potential losses. It’s also a good idea to only invest what you can afford to lose and avoid overextending yourself.