Overview of Exness Fees

Overview of Exness Fees

Exness offers transparent and competitive fee structures across various account types. Understanding the costs involved can significantly impact your trading experience.

Spread Fees

Exness provides tight spreads on a range of instruments. For instance, in the case of major currency pairs, the spread typically starts from 0.3 pips. However, depending on your chosen account type, spreads may vary. Traders using the Zero account can access raw spreads, making it ideal for those who prioritize low spread costs.

Commission Fees

For accounts like Pro and Zero, Exness charges commissions on trades. The commission is typically calculated as a percentage of the spread. For example, on the Pro account, the standard commission is $3 per lot. In contrast, Zero accounts are known for extremely low commissions on trades.

Swap Fees (Overnight Fees)

Swap fees are charged when a position is held overnight. These fees are based on the interest rate differential between the two currencies in the pair being traded. Traders in specific regions can benefit from “no swap” conditions on certain instruments like forex majors and metals, which is a key feature for those looking to avoid overnight fees.

Fee Structure by Account Type

Exness offers several account types, each with its own fee structure.

Standard vs Pro vs Zero Accounts

  • Standard Accounts: No commission fees, with spreads starting at 0.3 pips. This account is ideal for traders who prefer a straightforward fee model.
  • Pro Accounts: Commission-based fees with spreads starting from 0.1 pips. These accounts are ideal for active traders who require better spreads and can manage commission costs.
  • Zero Accounts: Raw spreads with a small commission. This account type is designed for traders who need minimal spread costs and are comfortable with commission-based fees.
Fee Structure by Account Type

Deposit and Withdrawal Fees

Exness does not charge fees for deposits or withdrawals in most cases. However, certain payment methods may incur transaction costs, especially if using third-party processors like e-wallets or credit cards. The company ensures that payments are processed quickly, with many transactions being instant, particularly for digital wallets.

How to Minimize Trading Costs at Exness

Traders can minimize costs by:

  1. Choosing the right account type based on their trading volume and strategy.
  2. Taking advantage of “no swap” options if available.
  3. Using low-commission accounts like the Zero account for frequent trading.
  4. Being mindful of deposit and withdrawal methods that may incur fees.

FAQs

How can I avoid overnight swap fees on Exness?

You can avoid swap fees by opting for instruments with “no swap” conditions or using swap-free accounts if available for your account type.

What is the minimum deposit required to open an account with Exness?

Does Exness charge any additional fees for deposit/withdrawal?

What are the commission rates for the Pro and Zero accounts on Exness?

How can I reduce trading fees on Exness?