Overview of All Exness Account Types
Exness offers multiple account types tailored to different trading needs. These accounts are designed to provide flexibility in trading, ensuring each trader gets the most suitable setup for their trading style.
Standard Account
The Standard Account is one of the most popular account types. It offers a straightforward trading experience with tight spreads starting from 0.3 pips. There is no commission per trade, and traders can access a wide range of instruments to trade.
Standard Cent Account
The Standard Cent Account is similar to the Standard Account but designed for those who want to trade smaller amounts. It’s a great choice for beginners as the minimum deposit is low, and it allows trading in cent lots. The leverage for this account can be unlimited, making it flexible for all types of traders.
Pro Account
The Pro Account is for more experienced traders looking for advanced trading features. It provides access to the interbank market and offers market execution with no commission for Forex trades. The spreads here are typically tighter, and the leverage options are higher, making it an ideal choice for active traders.
Zero Account
The Zero Account is designed for traders who prefer tighter spreads. It offers spreads from 0 pips but includes a small commission. This account type is best for traders who want the lowest possible spreads and are comfortable with a commission per trade.
Raw Spread Account
The Raw Spread Account gives traders access to ultra-tight spreads that can go down to 0 pips. It also charges a commission per trade, which is calculated based on the trading volume. This account is ideal for high-frequency traders or those who require tight spreads for scalping.
How to Choose the Right Account Type
Choosing the right account type depends largely on your trading style and experience. If you are a beginner, the Standard Cent Account is a great starting point because of its low deposit requirements and ease of use. On the other hand, if you are a professional trader, you might want to consider the Pro or Raw Spread Account for better trading conditions, tighter spreads, and more advanced features.
Consider your risk tolerance, trading volume, and the instruments you wish to trade when making your decision. The more experienced you are, the more likely you will need accounts like the Pro Account or Raw Spread Account to take advantage of lower spreads and faster execution.
Comparison of Account Features
Here’s a quick comparison to help you decide which Exness account is best for your needs:
| Feature | Standard Account | Standard Cent Account | Pro Account | Zero Account | Raw Spread Account |
|---|---|---|---|---|---|
| Minimum Deposit | $10 | $1 | $200 | $200 | $200 |
| Leverage | Up to 1:Unlimited | Up to 1:Unlimited | Up to 1:Unlimited | Up to 1:Unlimited | Up to 1:Unlimited |
| Commission | None | None | None | Small fee per trade | Small fee per trade |
| Spread | From 0.3 pips | From 0.3 pips | From 0.1 pips | From 0 pips | From 0 pips |
| Execution Type | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| Access to Interbank Market | No | No | Yes | Yes | Yes |
| Maximum Number of Orders | 100 | 50 | Unlimited | Unlimited | Unlimited |
FAQs
Which Exness account type is best for beginners?
The Standard Cent Account is often considered the best for beginners. It allows small trades and a low entry barrier, making it easier to practice without risking too much.