14 minute read
How to open Exness real account, A Comprehensive Guide
from Exness India
by Exness_India
Introduction to Exness
Overview of Exness as a Brokerage
Exness is a global forex and CFD broker known for offering reliable, transparent, and innovative trading solutions. Established in 2008, Exness has become a trusted name in the financial trading world, providing access to various financial markets such as forex, commodities, indices, and cryptocurrencies. With a client base that spans over 100 countries, Exness has built a reputation for its user-friendly platforms, competitive pricing, and excellent customer service.
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Exness provides traders with the flexibility to trade on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms worldwide. These platforms are equipped with advanced trading tools, charting capabilities, and customization options, making them suitable for traders of all levels. Whether you're a beginner or a seasoned professional, Exness offers an account type and trading environment tailored to meet your needs.
Key Features and Benefits of Trading with Exness
Choosing Exness as your trading platform comes with numerous advantages. Exness offers competitive spreads, low commissions, and flexible leverage options. The platform also provides high-speed trade execution, which is crucial for taking advantage of market opportunities in real-time. With its 24/7 customer support, educational resources, and transparent trading conditions, Exness has become a preferred broker for traders worldwide.
Another key benefit is Exness’s focus on security. The broker follows strict regulatory standards and keeps client funds in segregated accounts to ensure safety. This commitment to transparency and security provides peace of mind for traders, knowing that their investments are protected. Additionally, Exness’s account options cater to various trading needs, allowing users to select accounts with zero spreads, high leverage, or specific trading conditions suitable for different strategies.
Understanding Different Account Types at Exness
Standard Account vs. Professional Account
Exness offers both Standard and Professional account types to cater to different trading styles and experience levels. The Standard Account is best suited for beginners or casual traders, as it has a low minimum deposit requirement, no commissions, and competitive spreads. This account type is ideal for traders who want to gain exposure to the forex market without high trading costs.
On the other hand, the Professional Account is tailored for experienced traders who require advanced features. This account type includes options like Raw Spread and Zero Spread, which offer tighter spreads and lower trading costs. While the Professional Account may have higher minimum deposit requirements, it is designed for traders who prioritize precision and access to higher liquidity.
ECN Account Advantages
Exness also offers an ECN (Electronic Communication Network) Account. This account type is designed for professional traders seeking direct access to the interbank market, with no dealing desk intervention. ECN accounts generally provide tighter spreads, higher transparency, and faster execution speeds, ideal for high-frequency and scalping traders. The ECN Account has a commission per trade but provides raw spreads that are often close to zero, depending on market conditions.
Choosing the Right Account Type for Your Needs
Selecting the right account type depends on your trading goals, experience, and strategy. Beginners may prefer the Standard Account for its simplicity and lower trading costs. Intermediate traders might benefit from the Professional Account for its lower spreads and additional trading options. Experienced traders who engage in high-frequency trading or need market depth information might find the ECN Account to be the most suitable choice.
Preparing to Open Your Exness Account
Gathering Required Documentation
To open an Exness account, you’ll need to gather specific documents to verify your identity and comply with regulatory standards. These typically include:
Government-issued ID: This could be a passport, driver’s license, or national ID card showing your full name, date of birth, and photo.
Proof of Address: A recent utility bill, bank statement, or any official document displaying your residential address, dated within the last three months.
Preparing these documents in advance will streamline the registration process, as they are required for verification purposes. Exness uses these documents to ensure compliance with Know Your Customer (KYC) regulations, enhancing account security and preventing fraud.
Understanding the Registration Process
Opening an account with Exness is straightforward. The process involves registering on the Exness website, filling in personal details, verifying your email and phone number, and uploading your identification documents. Once your documents are verified, you’ll be able to deposit funds and start trading. This simple registration process allows you to open an account and begin trading quickly, typically within a few hours.
Step-by-Step Guide to Opening an Exness Real Account
Visiting the Exness Website
To get started, go to the official Exness website. On the homepage, you’ll find the Open Account button, which takes you directly to the registration page. Be sure to access the official site to avoid any potential scams or phishing sites that may look similar.
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Completing the Registration Form
Once on the registration page, you’ll need to fill in the online form with details such as your name, email address, and phone number. You’ll also set up a password for your account. Make sure all information matches your identification documents to avoid any delays during verification.
After completing the registration form, you may be prompted to select your preferred account currency and trading platform (MT4 or MT5). Double-check the information before submitting the form to ensure accuracy.
Verifying Your Identity and Address
Verification is a crucial step in opening a real account. Exness will ask you to upload copies of your identification document and proof of address. Once uploaded, Exness’s team will review and verify your documents, usually within 24 hours. Verified accounts have access to higher deposit and withdrawal limits and enjoy increased security features.
Funding Your Exness Account
Accepted Payment Methods
Exness offers a variety of payment methods to accommodate traders from different regions, including bank transfers, credit and debit cards, e-wallets (such as Skrill, Neteller, and WebMoney), and cryptocurrency options. Each payment method has its own processing times and fees, so it’s essential to choose one that aligns with your preferences for convenience, speed, and cost-effectiveness.
For most methods, Exness provides instant processing, allowing you to begin trading immediately after depositing funds. This variety of options ensures that traders can find a method that suits their needs, whether they prefer traditional bank methods, digital wallets, or cryptocurrency transfers.
Minimum Deposit Requirements
The minimum deposit requirement on Exness varies depending on the type of account you open. For example:
Standard Account: Generally has a low minimum deposit, making it accessible to new traders or those wanting to start with a smaller investment.
Professional Accounts: Such as the Raw Spread or Zero Accounts, may have higher minimum deposit requirements, which allows access to lower spreads and more advanced trading conditions.
It’s essential to check the minimum deposit for your specific account type before funding it, as this amount determines whether you meet the eligibility to start trading on the platform. The flexibility in deposit requirements makes Exness appealing to traders with varying budget levels.
Tips for Successful Deposits
Before making your deposit, keep in mind the following tips to ensure smooth and successful funding of your Exness account:
Choose a Matching Currency: Whenever possible, deposit funds in the same currency as your Exness account to avoid conversion fees.
Check for Any Processing Fees: While Exness generally doesn’t charge for deposits, some payment providers may impose fees, especially for international transactions. Reviewing fees beforehand will help you avoid unexpected costs.
Verify Your Account: Ensure that your account verification process is complete, as unverified accounts may face limits on deposits and withdrawals.
Double-Check Payment Details: Before confirming your transaction, ensure that you’ve entered the correct payment details to avoid errors or delays in processing.
By following these steps, you’ll be able to fund your Exness account efficiently, allowing you to focus on trading rather than dealing with payment issues.
Navigating the Exness Trading Platform
Overview of the Trading Interface
Exness provides a user-friendly and intuitive trading platform that’s accessible through both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The trading interface includes essential tools such as live price feeds, customizable charts, and various technical indicators. Traders can monitor market movements, analyze asset performance, and manage trades all from one dashboard, which simplifies the trading experience.
In the main interface, you’ll find the Market Watch window displaying real-time prices for assets, and a Navigator panel that allows quick access to accounts, indicators, and Expert Advisors (EAs). This layout is especially beneficial for traders who rely on technical analysis, as it allows for a complete view of the market and trading positions without clutter.
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Customizing Your Trading Environment
Customizing the platform to suit your trading style can significantly enhance your efficiency. Exness’s platforms allow traders to adjust chart types, set up watchlists, add technical indicators, and organize layouts based on personal preferences. You can also create shortcuts for frequently used tools, making it easier to access them quickly.
For MT4 and MT5, you can save chart templates, which allow you to load specific indicators or settings in just one click. This customization is especially useful for traders who use multiple technical indicators or have unique strategies requiring certain views and parameters. Taking the time to set up your workspace can streamline your trading process and improve decision-making.
Security Measures in Place at Exness
Two-Factor Authentication for Account Protection
Exness prioritizes account security by offering Two-Factor Authentication (2FA), an added layer of protection that helps prevent unauthorized access to your account. Enabling 2FA requires you to enter a unique code sent to your phone or email each time you log in, ensuring that only you can access your account. This feature is especially important for traders who regularly log in from different devices or locations.
2FA is easy to set up in your Exness account settings and is highly recommended for all traders to protect personal and financial information. By enabling 2FA, you’re taking a crucial step in safeguarding your account from potential security threats.
Ensuring Safe Transactions
Exness implements advanced security protocols to ensure safe transactions on the platform. Client funds are kept in segregated accounts, separate from the broker’s operational funds, which ensures that trader funds are protected even in the event of unforeseen financial issues with the broker. Additionally, Exness uses encryption protocols for data transfers, safeguarding sensitive information from potential cyber threats.
For an added layer of safety, Exness regularly undergoes audits by reputable third-party agencies to ensure compliance with industry standards. These measures give traders peace of mind, knowing that both their data and funds are protected, allowing them to focus on their trading activities confidently.
Understanding Leverage and Margin
How Leverage Works at Exness
Leverage is a tool that allows traders to open larger positions with a smaller amount of capital. Exness offers flexible leverage options, enabling traders to amplify their potential profits. For example, with a leverage ratio of 1:100, you can control a $10,000 position with just $100 of your own capital. However, while leverage can increase profits, it also magnifies potential losses, so it’s important to use it responsibly.
Exness offers various leverage levels depending on the account type and the trader’s experience, providing the flexibility to choose a level that matches your risk tolerance. Understanding how to use leverage effectively is key to successful trading, as over-leveraging can lead to significant losses.
Managing Risk through Proper Margin Use
Margin is the collateral required to open a leveraged position. Exness calculates margin based on the leverage ratio and trade size, helping traders understand the minimum capital they need to maintain a position. Proper margin management is essential, as failing to meet margin requirements can result in a margin call, where Exness may close positions to prevent further losses.
Exness’s platform provides real-time margin levels, allowing traders to monitor their account’s health and take action as needed. Using stop-loss orders and keeping track of your margin level can help you manage risk effectively and prevent your account from facing unexpected liquidations.
Exploring Available Trading Instruments
Forex Pairs Offered by Exness
Exness provides access to a wide range of forex pairs, including major, minor, and exotic pairs. Major pairs, such as EUR/USD and GBP/USD, typically offer tighter spreads and higher liquidity, making them ideal for beginners. Minor and exotic pairs, while less liquid, can present unique trading opportunities for experienced traders who are comfortable with higher volatility.
With Exness’s competitive spreads and flexible leverage options, traders can explore various forex markets based on their strategies and risk tolerance. The platform also offers tools to help traders analyze currency pair movements and make informed decisions.
CFDs and Commodities
In addition to forex, Exness offers Contracts for Difference (CFDs) on indices, commodities like gold and oil, and cryptocurrencies. CFDs allow traders to speculate on price movements without owning the underlying asset, offering flexibility and access to diverse markets.
Trading commodities can be particularly appealing to those looking to diversify their portfolios, as they provide a hedge against inflation and economic uncertainty. With Exness’s wide array of CFDs, traders can access global markets and take advantage of market volatility across different asset classes.
Customer Support Services at Exness
Available Support Channels
Exness offers comprehensive customer support with multiple channels to assist traders. Support is available via live chat, email, and phone, and is provided 24/7 to cater to traders in different time zones. The live chat option is particularly responsive, allowing traders to get immediate answers to their questions and resolve any account-related issues quickly.
For traders who prefer self-service, Exness’s website includes an extensive help center with FAQs, guides, and troubleshooting articles. These resources cover a wide range of topics, from account setup and funding to trading strategies and technical platform support.
FAQs and Self-Help Resources
The Exness website includes a dedicated FAQs section and knowledge base that provides answers to common questions and helps new users understand platform features. These self-help resources are valuable for traders who want quick solutions without needing to contact support. The knowledge base covers various topics such as trading conditions, payment methods, account verification, and security practices.
Using these resources can save time and help traders become familiar with Exness’s features and policies. For more advanced or specific issues, reaching out to customer support is recommended, as the support team can offer personalized assistance.
Mobile Trading with Exness
Downloading the Exness Mobile App
Exness offers a mobile app compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades from anywhere. To download the app, simply go to the Apple App Store or Google Play Store and search for “Exness Trader.” Once installed, you can log in with your Exness credentials and access the full range of trading tools available on the platform.
The mobile app is designed to provide a seamless trading experience, with features such as real-time quotes, charting tools, and instant notifications. This makes it an ideal solution for traders who need flexibility and want to stay connected to the market while on the go.
Features of the Mobile Trading Platform
The Exness mobile app includes all essential trading features, including real-time market data, charting tools, technical indicators, and customizable alerts. You can open and close positions, monitor your trades, and access your account history directly from the app. The mobile platform is optimized for ease of use, with a streamlined interface that allows traders to make quick decisions and execute trades efficiently.
In addition, the app supports multiple languages, making it accessible for traders around the world. The mobile app’s convenience and functionality ensure that traders can stay up-to-date with market movements and manage their portfolios effectively, no matter where they are.
Conclusion: Starting Your Trading Journey with Exness
Opening a real account with Exness provides traders with a gateway to the forex and CFD markets, thanks to the platform’s user-friendly interface, range of account types, and advanced trading tools. By following this guide, you can confidently navigate the registration, verification, and funding processes, allowing you to start trading within hours. With Exness’s security measures, diverse trading instruments, and responsive customer support, traders can enjoy a secure and efficient trading environment that caters to all levels of experience.
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