Exness doesn’t just impress all its users with its low trading fees. Fast transaction speed. It also provides a variety of Exness Account types for traders. In this article, EX Trading will share with readers all the information about account Exness types. To be able to make a suitable choice for yourself, don’t rush to skip this article.
Exness Account types
Understand the needs of many different types of traders when participating in the foreign exchange market. Exness has provided a variety of account types to meet each customer’s requirements. Currently, Exness is divided into two main types of trading accounts: professional accounts and standard accounts. This includes the following accounts:
- Standard account Exness
- Standard Cent account
- Exness Pro account
- Zero account
- Exness Raw Spread Account
In addition, Exness also provides Exness demo accounts to help new players get acquainted with the exchange and trading operations on Exness.
Learn about Exness Account Types
Each type of account has characteristics, suitable for each investor’s needs. Please join us to learn more about the characteristics of Exness Account types through the comprehensive information table below.
|
Features/Account |
Standard Exness | Standard Cent Exness | Exness Pro | Zero Exness |
Raw Spread Exness |
|---|---|---|---|---|---|
|
Minimum deposit level |
10 – 15$ | 10 – 15$ | 200$ | 200$ |
200$ |
|
Spread spread |
0.3 pips | 0.3 pips | 0.1 pip | 0.0 pips |
0.0 pips |
|
Lever |
1: Unlimited | 1: Unlimited | 1: Unlimited | 1: Unlimited | 1: Unlimited |
|
Commission |
Free of charge | Free of charge | Free of charge | $0.2/ lot/ 1 way |
$3.5/lot/one way |
|
Overnight fees |
Free of charge | Free of charge | Free of charge | Free of charge |
Free of charge |
|
Trading lot volume |
0.01 – 200 lots | 0.01 – 200 lots | 0.01 – 200 lots | 0.01 – 200 lots |
0.01 – 200 lots |
|
Trading products |
Diversity: Metals, energy, indices, foreign exchange… | Metals and foreign exchange | Metals, energies, indices, forex, cryptocurrencies | Digital currencies, forex, energy, indices, stocks |
Digital currencies, forex, energy, indices, stocks |
|
Trading platform |
MT4 and MT5 | MT4 | MT4 and MT5 | MT4 and MT5 |
MT4 and MT5 |
|
Order matching |
Market | Market | Market – Instant | Market |
Market |
|
Margin level – Stop out |
60% – 0% | 60% – 0% | 30% – 0% | 30% – 0% |
30% – 0% |
Information table about the characteristics of Exness account types
Through the information table above, surely readers have a better understanding of the characteristics of account Exness types, right?
>>>See more: Open Exness Account: Latest guide for new traders
Comparison between types of Account Exness
We can see the great similarity between account types based on the information table above. The biggest difference that is often compared is between standard and professional accounts. There are also Zero Accounts Exness and Raw Spread Accounts Exness. To help readers distinguish more clearly between types of Exness Accounts. Let’s see the differences between these account types in this information section.
1. Differences between Professional Account and Standard Account
These two types of accounts have certain differences:
- Fee difference:
For standard accounts, the Spread fee is from 0.3 pips. However, professional accounts only start from 0.1 pip. Because of this special nature, Pro accounts seem to be more popular among professional investors. Because they have more real-life experience in the foreign exchange market than traders who are just starting to enter the Forex world.
- Minimum deposit:
The minimum deposit level is also known as the minimum deposit. Compared to standard accounts, professional accounts have quite high deposits. That’s why Pro accounts are often suitable for traders with a lot of experience in market research and analysis. As for Standard accounts, the deposit level depends on the payment system.
- Activate order:
The Standard account handles market order execution. Meanwhile, the Pro account allows instant order execution for most trading instruments. Although that may increase the quote. But it helps investors freely manage the price they want.
2. Difference between Zero Exness and Raw Spread accounts
If you are a new trader and do not have much experience in the foreign exchange market. It is very easy to confuse the two types of Zero Exness and Raw Spread accounts. Because it all has spread from 0.0 pip and many other factors. However, there is still a certain difference between these two types of accounts, which is the commission fee.
For Zero Exness account types, there will be a commission fee of 0.2$/lot/1 way. As for the Raw Spread account type, there will be a commission fee of 3.5/lot/1 way. That is equivalent to the commission fee of the Zero Exness account, which will be $0.4/lot/2-way. As for the Raw Spread account, it will be $7/lot/2-way.
Which type of Exness Account should I choose?
As mentioned above, each type of account has unique characteristics suitable to each person’s needs. If you are still wondering which type of Exness Account to choose. Then please refer to our suggestions below.
>>>See more: Types of Exness accounts: Overview that you should know
1. New investors
If you are a new investor participating in the foreign exchange market. Choosing an account type with a minimum deposit and low trading volume is a top priority. So the right account type for you is Standard Cent.
With a minimum deposit of only $10 – $15, trading volume of 0.01 lot. That helps you not to worry too much when you lose money on a transaction. Especially through that, you can also learn more knowledge, accumulate more experience, and get better acquainted with the market.
2. Investors are familiar with the market
The second audience is investors who are very familiar with the foreign exchange market. In this group of traders, about 80% will choose the Standard account. With a minimum deposit of only 10 – 15$, Spread from 0.3 pips and free of commission. Especially supported on both MT4 and MT5 platforms. That is quite suitable for investors who have had the opportunity to get acquainted with the market. Even new traders can still choose this account type.
3. Experienced investor
After reading the specific information about the Pro account type. Surely we can recognize that this is the type of account suitable for investors with a lot of real-life experience. With low spreads from only 0.1 pip, no commission, and infinite leverage. That will bring many advantages for traders to make profits.
In addition, this type of account also has a powerful server to help speed up instant order matching. Surely choosing this type of Exness Account will be a good stepping stone leading you to success.
4. Use Free Spreads
This is a piece of information for traders who want to use free spreads. The appropriate account types for your needs are Zero Exness and Raw Spread. All with spreads from just 0.0 pips. That will help you save a lot of capital.
In general, each type of Exness Account has its unique advantages. So investors need to clearly understand their own needs and goals. Through the above article, we have helped you easily choose the most suitable account type for yourself. So what are you waiting for? Hurry up and register for an Exness account. At the same time, if the article brings a lot of useful information, don’t forget to rate EX Trading 5 stars.
