Are you interested in Exness and want to register for an Exness account to participate in trading? You don’t know how to register for Exness, what to prepare, and what type of account to choose. This article will help you answer the above questions. Let’s learn with EX Trading about how to sign up Exness simply and quickly!
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ToggleWhat do investors need to know before sign up Exness?
Before registering for an Exness account, you need to understand some important information about the Exness exchange. Types of accounts that the exchange offers, devices that can sign up Exness, and verification document requirements.
Types of accounts provided on Exness
Exness is one of the most prestigious and powerful trading exchanges in the world. The exchange has operating licenses from reputable regulatory agencies such as CySEC, FCA, FSA, and NFA.
Exness provides customers with many trading products such as forex, precious metals, cryptocurrencies, indices, commodities, and stocks.
Exness has two main account types: professional account and standard account. Each account type has its advantages and disadvantages. Suitable for different goals and needs of investors.
Exness broker professional account
Professional accounts are account types for highly experienced investors. Trade with large amounts of capital and apply complex trading strategies. Professional accounts come in three types: Raw Spread, Zero, and Pro.
Raw Spread account: This is the account type with the lowest spread on Exness, only from 0 pips. However, you have to pay a commission for each open and closed order. Trading fees are 3.5 USD per lot trading forex and precious metals, and 35 USD per lot trading cryptocurrencies.
Zero account: This is an account with no spread, meaning you do not have to pay any fees for the difference between the buying price and the selling price. However, you have to pay higher trading fees compared to the Raw Spread account. Trading fees are 7 USD per lot trading forex and precious metals, and 70 USD per lot trading cryptocurrencies.
Pro account: An account type with low spreads, from 0.1 pip, and free trading. This type of account is suitable for investors who want to trade at low and stable costs.
All professional account types have a maximum leverage of 1:2000. At the same time, there is no limit on the number of open orders and minimum trading volume. You can also use technical analysis tools, market news, and trading robots (Expert Advisor) on these account types.
Exness broker standard account
A standard account is an account type for beginner investors who want to trade with small capital and apply simple trading strategies. Standard accounts come in two types: Standard and Standard Cent.
Standard account: An account type with an average spread, from 0.3 pips, and free transactions. This account type is suitable for investors who want to trade with a capital of 100 USD or more.
Standard Cent account: This is an account type with higher spreads than Standard accounts, from 0.4 pips, and no transaction fees. This account type is suitable for investors who want to trade with a capital of 10 USD or less.
Both standard account types have a maximum leverage of 1:2000, no limits on the number of open positions, and minimum trading volume.
On which devices can I sign up Exness?
You can register at Exness on two main devices: on the official Exness website and Exness trade phone applications.
On the official Exness website
This is the most common and widely used way to register for Exness. Simply visit the Exness website, where you’ll find a “Register” button located in the upper corner of the screen. Click on this button to initiate the registration process with Exness.
On Exness trade phone applications
This is a convenient and quick way to register for those who often use their phones to transact. You can download Exness trade applications on both iOS and Android operating systems. After downloading and installing the Exness app, open the app and click the “Register” button on the welcome screen. You will be redirected to a sign up Exness page similar to the one on the website.
What do I need to prepare to register for Exness?
To register for Exness you need to access the website: https://www.exness.com.
Then, you need to prepare some necessary information and documents, including:
Verification documents
Documents proving your identity and address, such as:
- CD, driving license, or passport.
- Electricity bill, water bill, telephone bill, or any bill with an address.
- These documents must have a date of issue not older than 6 months. In addition, it must be clear, complete, and not obscured by anything.
- You will need to upload these documents when verifying your account after registering with Exness.
Phone number, Email address
These are your contact information, helping Exness send verification codes, notifications, and support. You need to enter your phone number and email address when sign up Exness. Also, confirm them by entering the verification code sent via SMS or email.
How long does it take for Exness to process and confirm the request?
The time it takes for Exness to process and confirm your request depends on the type of request and when you submitted it. According to information on the Exness website, request processing time is:
- Register account: Instant.
- Account verification: This takes place within 24 hours.
- Deposit: Instant or within 3 business days, depending on the deposit method.
- Withdrawal: Instant or within 5 business days, depending on the withdrawal method.
You can check the status of your request in the “History” section of your account. If you have any questions about the request processing process. You can contact Exness customer support via phone number, email, or online chat.
Instructions for the simple Exness registration process
After knowing the necessary information before sign up Exness. You can start the registration process at Exness with the following steps:
Steps to register an account on Exness broker
Visit Exness broker’s website
You can visit the Exness broker website or open the Exness trade application on your phone. Then, click the “Register” button in the top corner of the screen to start registering an account.
Provide necessary information as requested by Exness
Email address: Enter your email address and click the “Continue” button.
Phone number: Enter your phone number and click the “Send code” button. You will be sent a verification code via SMS. You enter that verification code and click the “Confirm” button.
Password: Enter your password and click the “Create account” button. Passwords must have at least 8 characters, including special characters, uppercase letters, lowercase letters, and numbers.
Choose the appropriate sign up Exness account
Upon redirection, you’ll land on a page where you can select your account type—either a professional or standard account. Additionally, you have the option to choose the currency for your trading account. After selecting, click the “Open account” button.
So, you have completed the Exness registration process. The interface will be transferred to the personal account page. From here, you can perform operations such as depositing money, withdrawing money, verifying your account, trading, and tracking transaction history.
How do I log in to my registered account from Exness?
After successfully sign up Exness. You can log in to your account at any time by:
- Visit Exness Broker’s website. Or open the Exness trade application on your phone.
- Click the “Log in” button at the corner of the screen.
- Fill in all login information, including email and password.
- Complete the login process
What to do to improve account security after sign up Exness
After up Exness, there are a few things you should do to improve the security of your account, including:
Verify your Exness account
To verify your account, you need to do the following two things.
Verify via phone number registered at Exness or Email
To verify via sign up Exness phone number or email, you need to do the following:
- Access your personal account management page and select “Verification”.
- Select the verification method as phone number or email.
- The verification code will be sent via SMS or email. You enter that verification code and click the “Confirm” button.
- You have completed verification via phone number or email.
See more: Create Exness Account: Instructions for on your phone
Verify through the information provided
To verify the information provided, you need to do the following:
Access your personal account management page and select “Verification”.
Select the verification method as the information provided and click the “Verify” button.
Some personal information you need to enter:
- Full name: Enter your full name according to verification documents.
- Date of birth: Enter your date of birth according to verification documents.
- Country: You choose your country from the list.
- Address: Enter your address according to the verification documents.
After entering, click the “Continue” button to complete.
Complete account verification
Once verified via phone number or email and provided information, you need to complete the account verification process by:
Verification through personal documents
This is the final step to verify your account. You need to upload the personal documents you have previously prepared, including:
- Identity proof documents: You choose the type of document you want to use, for example, CD, passport, or driver’s license. Then, you take a photo of the front and back of that document and upload it. You need to make sure that the photo is clear, complete, and not obscured by anything.
- Proof of address: You choose the type of document you want to use, for example, an electricity bill, water bill, phone bill, or any bill with your address. Then, you take a photo of all those documents and upload them. You need to make sure that the photo is clear, complete, and not obscured by anything. You also need to make sure that the document’s date of issue is no more than 6 months old.
After uploading the documents, click the “Send request” button. Exness will check and confirm your documents within 24 hours. If the documents are valid, you will receive a notification of successful account verification. If there are any problems, you will receive a notification asking for additional information or documents.
Verify user identity
This is an optional step to verify the user’s identity. You can take this step if you want to increase the security of your account. This step requires you to take a photo of your face and send it to Exness. You need to do the following:
Access your personal account management page and select “Verification”.
Select the verification method as user identity and click the “Verify” button.
After taking the photo, click the “Send request” button. Exness will check and confirm your face photo within 24 hours. If the photo is valid, you will receive a notification that the user’s identity has been successfully verified. If there are any problems, you will receive a notification asking you to retake the photo.
See more: Exness Trading: Discover the best trading platform
Tips for choosing to open a suitable Exness account
Now that you know how to sign up Exness and verify your account, you may be wondering which account type is right for you. This is an important question, as the account type will affect trading costs, leverage, trading products, and other features.
For new traders
If you are a new trader without much experience and knowledge about the market, you should choose the standard account type. The reason is because:
- This account type has no trading fees, only spreads. This helps you save costs and easily calculate profits and risks.
- This account has high leverage, up to 1:2000. You can trade with small capital and take advantage of trading opportunities.
- This is an account that allows you to trade many different products, from forex, precious metals, cryptocurrencies, indices, and commodities to stocks. This helps you diversify your investment portfolio and reduce risk.
However, you also need to keep in mind a few points when choosing a standard account type, such as:
- This account has higher spreads than the professional account type. This means you will have to pay a larger amount for the difference between the purchase price and the selling price.
- High leverage, and with that comes high risk. This means you could lose more money than your initial investment if the market doesn’t go as you predicted.
- Standard accounts do not allow you to change the currency after opening the account. This means you will incur currency conversion costs when depositing and withdrawing funds.
Therefore, when choosing a standard account type, you need to carefully consider your goals, experience, knowledge, and risk tolerance.
Experienced traders
If you are a trader with a lot of experience and knowledge about the market, you should choose a professional account type. The reason is:
- This account has low or no spreads. Helps you optimize transaction costs.
- High leverage, up to 1:2000, you can trade with large capital and take advantage of trading opportunities.
- This account type allows you to trade many different products. From forex, precious metals, cryptocurrencies, indices, and commodities to stocks. Thereby, you can diversify your investment portfolio and reduce risks.
However, when choosing a professional account type. You need to carefully consider your goals, experience, knowledge, and risk tolerance.
Summary:
Hopefully, this article, EX Trading has helped you better understand how to sign up Exness and choose the appropriate account type. Thereby helping you have a suitable trading strategy and earn maximum profits in the forex market.
FAQs:
How many types of accounts are there on Exness?
Exness has two main account types: professional account and standard account. Each account type has its advantages and disadvantages. Suitable for different goals and needs of investors.
Which account should a new trader choose?
If you are a new trader without much experience and knowledge about the market, you should choose the standard account type. This account will help you better control and limit risks.
Which account is suitable for experienced traders?
If you are a trader with a lot of experience and knowledge about the market, you should choose a professional account type. This account will help you diversify your investment portfolio and maximize profits.