4 minute read
How to Open an Exness Naira Account
from Exness
by Exness_Blog
Are you a trader in Nigeria looking for a forex broker that supports Naira (NGN) deposits and withdrawals? Exness is one of the most trusted forex brokers worldwide, and it allows Nigerian traders to open accounts, trade, and manage funds conveniently in their local currency.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
In this comprehensive guide, we will cover:
✔️ What is an Exness Naira Account?✔️ Why Choose an Exness Naira Account?✔️ Step-by-Step Guide to Opening an Exness Naira Account✔️ Verification Process (KYC Requirements)✔️ How to Deposit and Withdraw in Naira (NGN)✔️ Trading Conditions for Nigerian Traders✔️ Best Trading Strategies for the Exness Naira Account✔️ Final Verdict: Should You Open an Exness Naira Account?
By the end of this guide, you will know exactly how to open and use an Exness Naira account efficiently.
1. What is an Exness Naira Account?
An Exness Naira Account is a trading account that allows Nigerian traders to deposit, trade, and withdraw funds in Nigerian Naira (NGN) instead of USD or EUR.
✅ Key Features of the Exness Naira Account:
✔️ Currency: NGN (Nigerian Naira)✔️ Supported Deposit & Withdrawal Methods: Bank transfers, online banking, e-wallets✔️ No currency conversion fees (Deposits and withdrawals in Naira)✔️ Fast local withdrawals to Nigerian bank accounts✔️ Same trading conditions as USD accounts
📌 Verdict: The Exness Naira Account makes forex trading more convenient for Nigerian traders by eliminating conversion fees and enabling fast NGN transactions.
2. Why Choose an Exness Naira Account?
✅ Benefits for Nigerian Traders:
✔️ Deposit and Withdraw in Local Currency (NGN) – Avoid exchange rate fluctuations✔️ No Hidden Fees – Exness offers low trading fees and zero hidden charges✔️ Fast Withdrawals to Nigerian Banks – Get your funds instantly or within 24 hours✔️ Flexible Leverage Up to 1:2000 – Trade with high leverage for bigger opportunities✔️ Regulated Broker – Exness is licensed by top-tier regulators like FCA, CySEC, and FSA
📌 Verdict: Exness provides safe, fast, and cost-effective forex trading for Nigerian traders.
3. How to Open an Exness Naira Account (Step-by-Step Guide)
Step 1: Visit the Exness Website
Go to the official Exness website and click “Register” at the top right.
Step 2: Enter Your Personal Details
✔️ Select Nigeria as your country✔️ Enter your email address✔️ Set a strong password
Click "Continue" to proceed.
Step 3: Verify Your Email & Phone Number
✔️ Exness will send a verification email – Click the link to confirm your email✔️ Enter your phone number and verify it using the OTP code sent to your mobile
Step 4: Select NGN as Your Account Currency
✔️ Go to the "Account Settings" section✔️ Choose Nigerian Naira (NGN) as your preferred account currency
📌 Important: You cannot change your account currency after selecting it, so choose NGN carefully.
Step 5: Choose an Account Type
Exness offers multiple account types. Select the one that suits your trading needs:
📌 Verdict: If you're new to forex, choose Standard or Standard Cent accounts. If you prefer tight spreads, choose Raw Spread or Zero accounts.
Step 6: Complete KYC Verification
To fully activate your account, complete the Know Your Customer (KYC) process.
✔️ Upload Government ID – Passport, Driver’s License, or National ID✔️ Submit Proof of Address – Bank statement, utility bill, or rental agreement✔️ Wait for Approval – Exness usually verifies accounts within 24 hours
📌 Verdict: KYC verification is essential for making deposits and withdrawals.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
4. How to Deposit and Withdraw in Naira (NGN)
✅ Deposit Methods (Instant & Free)
✔️ Bank Transfers (GTBank, Zenith Bank, Access Bank, etc.)✔️ Online Banking✔️ E-Wallets (Skrill, Neteller, Perfect Money, etc.)
✅ Withdrawal Methods (Fast & Secure)
✔️ Instant bank withdrawals to Nigerian accounts✔️ E-wallet withdrawals within minutes
📌 Verdict: Exness offers fast and free deposits/withdrawals in Nigerian Naira.
5. Trading Conditions for Nigerian Traders
✔️ Spreads from 0.0 pips✔️ High leverage up to 1:2000✔️ No deposit fees✔️ Negative balance protection
📌 Verdict: Exness provides excellent trading conditions for Nigerian traders.
6. Best Trading Strategies for Exness Naira Account
✅ Scalping Strategy
✔️ Trade short time frames (1-minute, 5-minute charts)✔️ Use tight stop-loss and take-profit levels✔️ Take advantage of Exness’s low spreads
✅ Swing Trading Strategy
✔️ Hold trades for several days to capture bigger moves✔️ Use technical indicators like RSI and MACD✔️ Benefit from high leverage for larger trades
📌 Verdict: The Exness Naira Account is great for both scalpers and long-term traders.
7. Final Verdict: Should You Open an Exness Naira Account?
🔥 Final Verdict: The Exness Naira Account is one of the best forex trading accounts for Nigerian traders. It provides fast NGN deposits & withdrawals, low trading fees, and excellent conditions.
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