8 minute read
Can I Have Two Exness Accounts: Here’s Everything You Need to Know
from Exness
by Exness Blog
Hey there, trader! If you’re wondering, “Can I have two Exness accounts?”, you’re not alone. It’s a question that pops up a lot among forex traders, especially those using platforms like Exness, known for its flexibility and user-friendly interface. The short answer? Yes, you can have multiple Exness accounts, but there are rules you need to follow. Let’s dive straight into the details, clear up any confusion, and answer all your burning questions about managing multiple accounts on Exness. By the end, you’ll know exactly what’s allowed, how to set it up, and some tips to make the most of your trading experience.
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Why Would You Want Two Exness Accounts?
Before we get into the nitty-gritty, let’s talk about why you might want two accounts. There are plenty of legit reasons traders consider this:
Different Trading Strategies: Maybe you’re testing a scalping strategy on one account while running a long-term swing trading plan on another. Keeping them separate helps you track performance without mixing things up.
Risk Management: You might want one account for high-risk trades and another for safer, more conservative ones.
Currency or Account Type Preferences: Exness offers various account types (Standard, Pro, Raw Spread, Zero) and base currencies. Having multiple accounts lets you experiment with different setups.
Business vs. Personal Use: If you’re managing trades for yourself and a client or business, separate accounts keep things clean and professional.
Sounds like something you’re considering? Great! Let’s explore what Exness says about having multiple accounts.
Exness’ Policy on Multiple Accounts
Exness is pretty straightforward about this: You can have more than one account under your name, but you must follow their terms and conditions. According to Exness’ official guidelines, each client can open multiple trading accounts within their Personal Area (PA). This is awesome news for traders who want flexibility! However, there are a few key things to keep in mind to stay compliant:
One Personal Area, Multiple Accounts: You don’t need to create a new Personal Area for each account. Your single PA can manage up to 100 trading accounts (yes, you read that right!). This makes it super easy to switch between accounts without logging in and out repeatedly.
Verification Requirements: Each account under your PA needs to be linked to your verified identity. You can’t use different identities or fake details to open additional accounts—this is a big no-no and could lead to account suspension.
No Duplicate Personal Areas: Exness strictly prohibits creating multiple Personal Areas using different email addresses for the same person. If you try to game the system, their compliance team might flag your accounts, and you could face restrictions or bans.
Honest Intentions: Exness allows multiple accounts for legitimate trading purposes, but they’re vigilant about misuse, like exploiting bonuses or engaging in fraudulent activities. Play by the rules, and you’ll be fine.
So, as long as you’re operating within one Personal Area and using your verified identity, you’re good to open as many trading accounts as you need (up to the limit). Now, let’s walk through how to set this up.
How to Open Multiple Exness Accounts
Setting up additional accounts on Exness is a breeze. Here’s a step-by-step guide to get you started:
Log Into Your Personal Area: Head to the Exness website or app and sign into your Personal Area using your registered email and password.
Navigate to ‘Open New Account’: Once you’re in your PA, look for the option to open a new trading account. It’s usually under the “Accounts” section.
Choose Your Account Type: Exness offers several account types, like Standard, Pro, Raw Spread, or Zero. Pick the one that suits your trading style. For example, if you’re a beginner, the Standard account is user-friendly, while pros might prefer the Raw Spread for tighter spreads.
Select Your Settings: Customize your account settings, like leverage (up to 1:2000, depending on your region and account type), base currency, and account nickname for easy tracking.
Confirm and Activate: Once you’ve set up the account, it’ll appear in your Personal Area. Deposit funds, and you’re ready to trade!
Pro tip: Give each account a clear nickname (e.g., “Scalping Account” or “EURUSD Long-Term”) to avoid confusion when managing multiple accounts.
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Things to Watch Out For
While having multiple accounts is allowed, there are some pitfalls to avoid. Here’s what you need to know to stay on Exness’ good side:
Don’t Abuse Bonuses: If Exness offers a deposit bonus or promotion, you can’t create multiple accounts to claim it multiple times. Their system is designed to catch this, and you could lose access to bonuses or accounts altogether.
Monitor Your Leverage: Different accounts can have different leverage settings, which is great for flexibility but risky if you’re not careful. High leverage can amplify both profits and losses, so manage your risk wisely.
Keep Track of Funds: Managing multiple accounts means keeping an eye on deposits, withdrawals, and performance across all of them. Use Exness’ analytics tools in the Personal Area to monitor everything in one place.
Stay Compliant with Regulations: Exness operates under strict regulations from bodies like CySEC and FCA. If you’re in a regulated region, make sure your trading activities align with local laws.
By staying transparent and organized, you’ll avoid any issues and make the most of your multiple accounts.
Benefits of Having Multiple Exness Accounts
Now that you know it’s possible and how to do it, let’s talk about why multiple accounts can be a game-changer for your trading:
Organized Strategy Testing: Separate accounts let you test different strategies without muddying your performance data. For example, you could use one account for day trading and another for automated trading with EAs (Expert Advisors).
Diversified Risk: By splitting your capital across accounts, you reduce the risk of losing everything on a single bad trade. It’s like not putting all your eggs in one basket.
Tailored Account Types: Each account type on Exness has unique features. For instance, the Zero account offers zero spreads on major pairs, while the Standard account has no commission. Multiple accounts let you leverage these differences.
Client Management: If you’re a money manager or trading for others, separate accounts help you keep client funds distinct from your own, ensuring transparency.
Can You Use Multiple Accounts for Different Devices or Platforms?
Absolutely! Exness makes it easy to access your accounts across devices and platforms, like MT4, MT5, or their proprietary Exness Terminal. You can log into your Personal Area from your phone, tablet, or desktop and manage all your accounts seamlessly. Just make sure you’re using the same login credentials for your PA. If you’re trading on MT4 and MT5 simultaneously, you can link different accounts to each platform for added flexibility.
What About Account Limits or Restrictions?
Exness is generous with its account limits—up to 100 accounts per Personal Area is more than enough for most traders. However, there are some practical considerations:
Server Load: If you’re running multiple accounts with heavy trading activity (like high-frequency trading), ensure your internet connection and device can handle the load.
Regional Restrictions: Depending on your country, certain account types or leverage options might be restricted due to local regulations. Check with Exness support if you’re unsure.
Account Inactivity: If an account remains inactive for a long time (usually 90 days with no trades or deposits), Exness may archive it. Don’t worry—you can reactivate it easily, but it’s something to keep in mind.
Tips for Managing Multiple Exness Accounts Like a Pro
To make the most of your multiple accounts, here are some practical tips:
Use a Trading Journal: Track your trades and performance for each account in a journal or spreadsheet. This helps you analyze which strategies are working and which aren’t.
Leverage Exness Tools: Exness offers built-in analytics, like trading history and performance metrics, in the Personal Area. Use these to compare your accounts’ performance.
Set Clear Goals: Define the purpose of each account (e.g., testing, long-term trading, or client funds) to stay organized.
Automate Where Possible: If you’re using EAs, set them up on specific accounts to automate repetitive tasks while you focus on others.
Stay Updated: Exness occasionally updates its policies or account features. Check their official website or contact support to stay in the loop.
Common Questions About Multiple Exness Accounts
Let’s tackle a few more questions you might have:
Can I transfer funds between accounts? Yes, Exness allows internal transfers between accounts within the same Personal Area. It’s quick and usually instant.
Will having multiple accounts affect my verification? Nope! As long as all accounts are under your verified Personal Area, you’re good. Just don’t try to use different identities.
Can I use different brokers alongside Exness? Absolutely. Exness doesn’t restrict you from using other brokers, but keep your trading organized to avoid confusion.
What happens if I break the rules? If Exness detects fraudulent activity (like creating multiple Personal Areas for the same person), they may suspend or close your accounts. Stick to their terms, and you’ll be fine.
Final Thoughts: Is Having Two Exness Accounts Right for You?
So, can you have two Exness accounts? Yes, you can—and up to 100, as long as they’re under one verified Personal Area. Whether you’re diversifying strategies, managing risk, or tailoring accounts to specific trading styles, multiple accounts can give you the flexibility to trade smarter. Just make sure you follow Exness’ rules, stay organized, and use their tools to track your performance.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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