Account verification is an important content to help users keep their accounts and financial transactions safe. At the same time, it allows users to access a full range of trading features and tools. The article below EX Trading will guide you through the most detailed steps to verify Exness account!
Main Content
ToggleWhy is it necessary to verify Exness account?
Exness is a large trading market, subject to strict management by regulatory agencies around the world such as CySEC, FCA, ASIC, and FSA… According to international law, all Exness online trading users must Verify their accounts to ensure safety and financial security. At the same time, it aims to prevent fraud and illegal money laundering activities. Therefore, Exness requires every trading account to meet this general requirement.
In addition, account verification helps users stay more secure and avoid scams from hackers trying to appropriate their assets. Not only that, account verification will allow users to fully utilize Exness’s financial tools features.
With an Exness account that has not completed verification, users will encounter certain limitations. These limitations include:
- Maximum deposit limit of 2,000 USD (per Personal Area) after completing Profile Verification and verifying email address and/or phone number. Once identity verification is complete, you can deposit up to 50,000 USD (per Personal Area). Then you can proceed with the transaction.
- Unverified accounts will not be able to deposit funds with digital currency/Visa/Master cards.
- If you do not complete account verification within 30 days, deposit, transfer, and trading functions will be suspended until you complete your verify Exness account.
Types of verification documents you need to prepare
To be able to verify Exness account, you must go through 2 steps: identity verification and address verification. Therefore, you need to prepare the following documents:For identity verification, you need to take a photo of one of the documents:
- Passport
- Identity card/Citizen identification card
- License
- Residence permit
For address verification, Exness accepts a photo of one of the following documents:
- Identification card, Driver’s license (if used to verify identity, it cannot be reused)
- Bank statement (issued within the last 6 months)
- Service bills (electricity, water, gas, Internet, landline phone)
- Reference letter from your bank of operations (in your country of residence)
Note, that these documents need to be captured clearly, without losing angles. The information must exactly match the information filled in during the account verification process. Besides, your documents must comply with the following formats: JPEG, PNG, BMP, or PDF. The size of the uploaded photo cannot be larger than 64 MB.
>>>See more: Create Exness Account: Instructions for on your phone
How to upload verification documents
After you have fully prepared photos of documents, follow the steps to verify Exness account as follows:
- Log in to Personal Area: Exness.com
- In my account, click Complete verification.
- Fill in your full name as shown on the verification documents. Then click Upload documents.
- Select the country where documents verifying your identity are issued. Then click Upload Documents to upload photos of verification documents. Once the documents have been attached, click Submit documents.
- Continuing with address verification, click Upload documents or click the option below to take a photo of the documents. Once the documents are attached, click Submit documents.
Note: Before uploading a verification photo, you need to pay attention to the following issues:
The system only accepts the following documents:
- Photos are clear, and both sides
- Photos are of good quality
- See the 4 corners of the photo clearly
The system does not accept documents that do not meet the following conditions such as:
- The photo is blurred
- Reflected light
- Photos are of poor quality
- Can’t see all 4 corners of the photo clearly
Then you upload the documents and are accepted by the system, click on the confirmation button, and complete.
Reload documents when Rejected
When verify Exness account fails, don’t worry too much. You can repeat the steps to verify your account by:
- Log in to your account personal area
- Find the verification status button at the top of the screen in the notification bar
- Then click on the Resend button to continue
- A verification window will pop up. Now click the New Upload button to continue
However, to resend, you first need to delete the old document sent to Exness by clicking on the trash icon to delete it.
+ You can now change the country settings and upload a new verification document. When you have filled out all the information, click the Continue button. Once completed, your documents will be reviewed again by Exness.
If you are using the app then you can do the following
+ Log in to the Exness Trader application
+ Select the profile button at the top of the left corner of the screen
+ Select the menu and click Complete verification
+ Follow the on-screen instructions to try again and your document will be reviewed once completed
Notes during the verification process
- You can completely reuse your ID card/CCD and Driver’s License to open multiple accounts at Exness
- You need 2 different documents to verify Exness account. For example: Passport + proof, proof + driver’s license, passport + driver’s license….
- If your account has not been verified, you should only deposit $200. Don’t deposit too much or you’ll lose money.
>>>See more: Trading Exness gold – Detailed instructions for investors
Frequently asked questions
How long does Exness account verification take?
After uploading documents to verify Exness account your identity and your residential address, Exness will notify you of the results within a few minutes. If Exness reports success, it means you have completed verification. If Exness informs you that verification is not possible (due to blurry, unclear photos, incorrect information…), you will have to resend the document file. Account verification at Exness can take up to 24 hours.
Additionally, the identity and address verification processes are completely separate. This means that if both types of documents you provide are invalid, the review process will take up to 48 hours. When the document you submit for verification is not accepted by Exness, you will have 45 days to upload another document. At the top of your personal area, there will be a notification bar to remind you how many days are left for verification. After 45 days, your account will be locked. The money you deposit into Exness will be lost.
From the time of the first deposit, users have 30 days to complete the account verification process. Including: verifying identity, address, and economic records.The number of days remaining for account verification will be displayed as a notification in your Personal Area. This makes it easier for you to keep track every time you log in.
Account verification is a requirement of all reputable forex exchanges in the world. It doesn’t take long to verify Exness account. Hopefully, through this article, readers can refer to it to verify their account as quickly as possible. From there you can participate in the most professional forex trading environment in the world.