5 minute read
How to Open an Exness Account in Malaysia: A Step-by-Step Guide
from Exness
by Exness Blog
If you are looking to start trading online in Malaysia, Exness is one of the most reliable and beginner-friendly platforms available. Opening an account with Exness is straightforward, but knowing each step in detail ensures you avoid delays and mistakes. In this comprehensive guide, we’ll cover everything from choosing an account type to funding your account, verifying your documents, and starting your trading journey.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
Why Choose Exness in Malaysia?
Before diving into account setup, it’s important to understand why Exness is a preferred choice among Malaysian traders:
Global recognition – Exness has been operating internationally for over a decade, with millions of active traders worldwide.
Low spreads and fees – Many accounts offer ultra-low spreads, reducing trading costs.
Flexible leverage options – Depending on your account type, leverage can go up to 1:2000.
Fast and secure withdrawals in MYR – Supports local bank transfers and e-wallets in Malaysian Ringgit.
User-friendly trading platforms – Available on MetaTrader 4, MetaTrader 5, web, and mobile.
24/7 support – Dedicated support for Malaysian users via live chat, email, or phone.
These features make Exness ideal for beginners who want a reliable platform and for professional traders looking for advanced tools and low trading costs.
How to Open an Exness Account in Malaysia
Here is a detailed step-by-step guide for opening an Exness account in Malaysia.
Step 1: Visit the Official Exness Website
Start by visiting the official Exness website 👈. Look for the “Open Account” button and click it to start registration.
⚠️ Pro Tip: Always verify the URL to avoid phishing sites.
Step 2: Choose Your Account Type
Exness offers several account types to match different trading needs:
Standard Account – Low deposit, no commission, ideal for beginners.
Pro Account – Tight spreads and fast execution, suitable for experienced traders.
Raw Spread Account – Ultra-low spreads with small commission, good for high-volume trading.
Zero Account – Commission-free trading with zero spreads on major currency pairs.
Example: If you’re a beginner in Malaysia with limited capital, the Standard account is ideal. Professionals trading large volumes may prefer Raw Spread or Pro accounts.
Step 3: Register Your Personal Information
You’ll need to provide:
Full Name – Exactly as on your MyKad or passport.
Email Address – For verification and updates.
Phone Number – Enter your Malaysian mobile number for SMS verification.
Create a strong password with uppercase, lowercase letters, numbers, and symbols. Avoid easily guessable passwords.
Step 4: Choose Your Base Currency
Select your account currency. In Malaysia, MYR (Malaysian Ringgit) is recommended:
Avoid currency conversion fees.
Easier to calculate profits and losses in local currency.
Other currencies like USD, EUR, or GBP are supported but may incur extra conversion fees.
Step 5: Verify Your Email and Phone
Exness requires verification for security:
Email verification: Click the link sent to your email.
Phone verification: Enter the code received via SMS.
✅ This step ensures you can access all platform features, including withdrawals and account management.
Step 6: Submit Identification Documents
Malaysian users must submit:
Proof of Identity: MyKad (front and back) or passport.
Proof of Address: Recent utility bill, bank statement, or government-issued document.
Tips:
Ensure documents are clear and recent (within 3 months).
Avoid blurry scans or screenshots.
Verification usually completes within 24 hours.
Step 7: Fund Your Exness Account
Exness Malaysia supports multiple funding methods:
Local Bank Transfer: Maybank, CIMB, Public Bank.
E-wallets: Neteller, Skrill, FasaPay.
Credit/Debit Cards: Visa, MasterCard.
Cryptocurrency: Bitcoin or other crypto deposits (depending on account).
Example: Deposit 500 MYR via Maybank; funds typically appear instantly.
💡 Tip: Use the same name as your registered account to avoid withdrawal issues.
Step 8: Start Trading
Exness platforms:
MetaTrader 4 (MT4): Simple, reliable, popular for forex and commodities.
MetaTrader 5 (MT5): Advanced charting, more trading instruments.
Exness Web Terminal: Trade directly from a browser.
Mobile App: Trade on iOS or Android anytime.
Tip: Start with a demo account to practice trading strategies without risking real money.
Step 9: Withdraw Funds
Exness offers fast withdrawals in Malaysia:
Log in and go to Withdrawal.
Select your method.
Enter the amount and confirm.
Local banks: Processed within 24 hours.
E-wallets: Often instant.
Credit/debit cards: 1–3 business days depending on your bank.
✅ Withdraw to the same account or method you used for deposits to avoid delays.
Tips for a Smooth Exness Experience in Malaysia
Keep documents ready for quick verification.
Enable Two-Factor Authentication (2FA) for security.
Start with small trades to understand the market.
Stay updated via newsletters or social channels.
Use MYR deposits/withdrawals to avoid conversion fees.
Frequently Asked Questions (FAQs)
Is Exness legal in Malaysia?
Yes. Malaysian residents can legally open and trade, but always comply with local financial regulations.
How long does verification take?
Typically 24 hours, if documents are clear.
Can I open multiple accounts?
Yes, Exness allows multiple accounts of different types under the same profile.
Are there deposit or withdrawal fees?
Most deposits are free. Local bank transfers usually have no fees.
What is the minimum deposit?
Standard Account: As low as USD 1 (or MYR equivalent).
Pro/Raw/Zero Accounts: Minimum varies by account type.
Conclusion
Opening an Exness account in Malaysia is quick, secure, and beginner-friendly. By following these steps—registering, verifying, funding, and trading—you can confidently start your trading journey.
Exness provides competitive spreads, fast MYR withdrawals, and multiple trading platforms. Whether you are a beginner or a professional trader, Exness offers the tools, flexibility, and support to help you succeed.
Prepare your documents, choose the right account type, start small, and explore the platform’s features. Following this guide ensures you avoid delays and maximize your trading experience in Malaysia.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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