8 minute read
How Many Types of Accounts Are in Exness? A Clear Guide for Traders
from Exness
by Exness Blog
If you’re wondering, “How many types of accounts does Exness offer?” the answer is straightforward: Exness provides five main account types—Standard, Standard Cent, Pro, Raw Spread, and Zero—along with additional options like Islamic and Demo accounts. Each account is tailored to different trading styles, experience levels, and financial goals, making Exness a versatile broker for both beginners and seasoned traders. In this article, I’ll break down these account types, explain their key features, and help you decide which one suits your trading journey. Let’s dive in!
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Why Exness Account Types Matter
Choosing the right trading account is like picking the perfect tool for a job. Whether you’re just starting out or you’re a high-frequency trader chasing tight spreads, the account you select can make or break your trading experience. Exness, a globally recognized Forex and CFD broker, has designed its accounts to cater to a wide range of traders, from newbies testing the waters to pros executing complex strategies. With over a million traders and a reputation for transparency, low fees, and fast execution, Exness is a go-to platform for many.
So, let’s explore the five main account types and their unique perks.
1. Standard Account: The All-Rounder for Everyone
The Standard Account is Exness’ most popular option, and it’s easy to see why. It’s designed for traders of all levels, whether you’re just dipping your toes into Forex or you’ve been trading for years. Here’s what makes it stand out:
Minimum Deposit: Only $10, making it super accessible for beginners.
Spreads: Starting from 0.3 pips, which is competitive for a commission-free account.
Commission: Zero commission, so you only pay the spread.
Leverage: Up to 1:2000 (subject to regional regulations), giving you flexibility to amplify your trades.
Instruments: Access to Forex, metals, cryptocurrencies, indices, stocks, and energies.
Platforms: Available on MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Exness’ WebTerminal.
Who’s it for? The Standard Account is perfect if you want a straightforward, no-fuss trading experience. It’s great for casual traders or those who prefer a commission-free structure while still accessing a wide range of markets. If you’re new to trading or want to keep things simple, this is a solid choice.
2. Standard Cent Account: Low-Risk Learning for Newbies
The Standard Cent Account is a beginner’s dream. Unlike the Standard Account, it uses cent lots, which means you’re trading with much smaller amounts (think cents instead of dollars). This reduces risk significantly, making it ideal for those still learning the ropes.
Minimum Deposit: Just $10, like the Standard Account.
Spreads: Starting from 0.3 pips, with no commission.
Leverage: Up to 1:2000, offering flexibility for small trades.
Instruments: Limited to Forex and metals, which keeps things simple for new traders.
Platforms: Available only on MT4.
Who’s it for? If you’re new to trading or want to test strategies with minimal financial risk, the Standard Cent Account is your go-to. It’s also great for experienced traders who want to experiment with new strategies in a live market without risking big bucks.
3. Pro Account: For Experienced Traders Seeking Precision
The Pro Account is designed for traders who know their way around the markets and want faster execution and tighter spreads. It’s a favorite among those who trade larger volumes or use advanced strategies.
Minimum Deposit: $200 (varies by region).
Spreads: Starting from 0.1 pips, much tighter than the Standard accounts.
Commission: None, which is a big win for cost-conscious traders.
Leverage: Up to 1:2000.
Instruments: Full access to Forex, metals, cryptocurrencies, indices, stocks, and energies.
Execution: Instant execution for most instruments, ensuring quick and precise trades.
Who’s it for? The Pro Account is ideal for experienced traders who prioritize fast execution and low spreads without commissions. It’s perfect for day traders, scalpers, or those who trade during volatile market conditions.
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4. Raw Spread Account: Ultra-Low Spreads for High-Volume Traders
The Raw Spread Account takes things up a notch by offering near-zero spreads, making it a top choice for scalpers and high-frequency traders. However, it comes with a commission, so let’s break it down:
Minimum Deposit: $200 (varies by region).
Spreads: Starting from 0.0 pips, giving you direct access to interbank market prices.
Commission: $3.5 per lot per side ($7 round-turn).
Leverage: Up to 1:2000.
Instruments: Full range, including Forex, metals, cryptocurrencies, indices, and more.
Execution: Market execution with no requotes.
Who’s it for? If you’re a scalper, day trader, or algo-trader who thrives on tight spreads and doesn’t mind paying a commission, the Raw Spread Account is built for you. It’s also great for those trading large volumes who want to minimize trading costs.
5. Zero Account: No Spreads, Just Commissions
The Zero Account is the ultimate choice for traders who want to eliminate spreads entirely on major instruments. It’s designed for those who prioritize low trading costs and are comfortable with commission-based pricing.
Minimum Deposit: $200 (varies by region).
Spreads: Zero spreads on the top 30 instruments for 95% of the trading day, with floating spreads during high-volatility periods like news releases.
Commission: Starts at $0.2 per lot per side ($0.4 round-turn), depending on the instrument.
Leverage: Up to 1:2000.
Instruments: Full access to all Exness markets.
Execution: Market execution with no requotes.
Who’s it for? The Zero Account is perfect for traders who focus on major currency pairs and want to avoid spreads altogether. It’s ideal for news trading, swing trading, or high-frequency strategies where every pip counts.
Bonus Options: Islamic and Demo Accounts
In addition to the five main account types, Exness offers two special options:
Islamic Accounts: Available for all account types (Standard, Standard Cent, Pro, Raw Spread, and Zero), these are swap-free accounts designed for Muslim traders who follow Sharia law. You can request an Islamic account during registration or by contacting Exness support.
Demo Accounts: Exness provides a risk-free demo account with $10,000 in virtual funds, available on MT4, MT5, and the WebTerminal. It’s fully customizable, doesn’t expire, and mirrors real market conditions, making it perfect for practicing strategies or testing the platform.
How to Choose the Right Exness Account for You
With so many options, how do you pick the best account? Here’s a quick guide based on your trading style and experience:
Beginners: Go for the Standard or Standard Cent Account. Their low $10 minimum deposit and commission-free structure make them ideal for learning without breaking the bank.
Casual or Intermediate Traders: The Standard Account is versatile enough to handle various strategies, while the Pro Account offers tighter spreads for those ready to step up.
Scalpers or High-Frequency Traders: Choose the Raw Spread or Zero Account for ultra-low or zero spreads, perfect for fast-paced trading.
Muslim Traders: Opt for an Islamic Account in any of the above categories for swap-free trading.
Testing Strategies: Use the Demo Account to practice without risking real money.
Your choice depends on your budget, trading frequency, and risk tolerance. If you’re unsure, start with a demo account to test the waters before committing real funds.
Why Exness Stands Out
Exness isn’t just about account variety—it’s about delivering a top-notch trading experience. Here’s why traders love it:
Low Minimum Deposits: Start with as little as $10 for Standard accounts, making it accessible for all.
High Leverage: Up to 1:2000 (or unlimited in some cases, subject to regulations), giving you more trading power.
Fast Withdrawals: Instant withdrawals with multiple payment methods, ensuring you get your funds quickly.
Regulation and Safety: Exness is regulated by trusted authorities like CySEC, FCA, and FSCA, ensuring your funds are secure.
Wide Instrument Range: Trade Forex, metals, cryptocurrencies, indices, stocks, and more across all account types.
How to Open an Exness Account
Ready to get started? Opening an Exness account is a breeze:
Visit the Exness Website: Head to exness.com and click “Sign Up.”
Choose Your Account Type: Pick from Standard, Standard Cent, Pro, Raw Spread, or Zero.
Complete Registration: Fill in your details (name, email, phone number).
Verify Your Identity: Submit KYC documents for account security.
Deposit Funds: Choose from over 15 payment methods, with deposits starting as low as $10 for Standard accounts.
Start Trading: Download MT4, MT5, or use the WebTerminal to begin.
Pro tip: Start with a demo account to familiarize yourself with the platform before trading with real money.
Final Thoughts
Exness offers five main account types—Standard, Standard Cent, Pro, Raw Spread, and Zero—plus Islamic and Demo options, ensuring there’s something for every trader. Whether you’re a beginner looking for low-risk practice or a pro chasing razor-thin spreads, Exness has you covered. The key is to match your account choice to your trading style, budget, and goals.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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