How To Open Account Exness (2024)

To open an Exness live account, visit the Exness website, click on Open Account Exness, select your country of residence, enter your email address, create a password, and submit. Proceed to the membership area on the subsequent page, choose "open trading account," finish the registration process, and validate your account.

The first step to beginning trading on Exness is to open a trading account. While there are different Exness accounts, you must understand each account's features to determine the best account for your trading style. So, if you are seeking to open an Exness account, in this comprehensive guide, TU experts will walk you through the steps. You will also learn about the types of Exness live accounts.

Exness account requirements and documents

Before you open an Exness live account, you need an active email, an operational phone number, and identity documents, which you need to verify your identity and address. So, it is important that you make these documents available before you start the account creation process.

For your Exness live account verification, the first document you will need is proof of identity (POI), while the other is proof of residence (POR).

Proof of Identity (POI)

  • Passport
  • Driver's license
  • National ID

Every POI document you submit needs to have a picture of the client with their full name, which should match the account holder's name. For any of the POI documents to be considered legitimate, they must be issued by the government.

Proof of Residence (POR)

  • Permanent residence card;
  • Utility bill (electricity, water, gas, Internet, landline telephone)
  • Recent bank statement
  • Local tax bill

The Exness account holder's complete name, address, and issue date must be present in the POR document. Again, the document must be up to 6 months old.

Recommended by LinkedIn

Buy Verified Transferwise Account MD Farhad Ali 2 months ago
Worldwide Best Places to Buy Verified TransferWise… Sumaya Mim 3 months ago
Top 5 Sites to Buy Verified Wise Accounts In This Year Lila Dudley 2 months ago

When obtaining these documents to open an Exness account, ensure to confirm the requirements for opening an account with a broker, the countries in which it operates, and the amount of the required initial deposit. To register for an Exness account, you must be in one of the nations where opening an account for excess services is permitted.

For instance, Exness does not accept customers from the following nations: Israel, Iraq, Greenland, Canada, Australia, Mauritius, Seychelles, Mauritius, Mali, etc. Therefore, if you reside in nations where Exness services are prohibited, your attempt to open an Exness live trading account will be unsuccessful.

Keep in mind that there are different minimum deposits, the best Exness accounts are standard, standard cent, pro, zero, and raw. These accounts offer various trading features and tools, which is why they are tailored to specific types of traders. Below is how they compare against each other.

Exness account types

For beginner traders looking to open an Exness accoun, the best Exness accounts are standard, standard cent, pro, zero, and raw. These accounts offer various trading features and tools, which is why they are tailored to specific types of traders. Below is how they compare against each other.

Exness account opening guide

Step 1: Visit the Exness Website

You can visit the Exness website using your web browser on a computer or mobile device. There is a large "Open Account" or "Sign Up" button on the Exness homepage. To begin the account opening process, click this button.

How To Open Account Exness (4)

Step 2: Enter your details

Input your home country, password, and email address. If applicable, enter the partner code to link the account to a partner in the Exness partnership program. After checking the box indicating that you are not a citizen of the United States, click "Continue." On the prompt, choose the account you wish to open.

How To Open Account Exness (5)

Step 3: Navigate to the membership area and select traders area

Click on open a new account to create an Exness account in your personal area

How To Open Account Exness (6)

Step 4: From the list of standard and professional account types, choose the one you wish to open

How To Open Account Exness (7)

Step 5: Set up your new Exness trading account

Click on Create an Account to submit your request after choosing the account type, trading platform, maximum leverage, starting balance, currency, changing the account nickname, and creating a password.

How To Open Account Exness (8)

Tips for opening a genuine Exness account

Selecting an account type according to your trading style, initial deposit amount, and risk tolerance is essential, and this is one of the best pieces of advice you will find when opening an Exness account. Take care to complete the Exness account verification process to avoid holding up account approval and withdrawal requests. Below are tips for potential traders seeking to open an Exness account.

  • If this is your first time trading, ensure to open and practice with a demo account.
  • To safeguard your account, create a strong, one-of-a-kind password that combines a variety of characters and symbols.
  • To improve your trading knowledge, explore the educational resources on the Exness platform.

How to close Exness account

Send Exness a written notice at least five (5) business days in advance of the intended termination date at support@exness.com to close your Exness account. To complete these tasks, you must use the account holder's registered email address. The email must include the account number, support PIN, and termination reason.

Exness will email you the termination date and arrange a call for verification to confirm the request, all within a minimum of five (5) business days. The rules that remain in effect after the account is closed are also described in the email. You will receive an email on the day of termination informing you that your account has been closed, as well as statements for all open accounts for the previous 30 calendar days.

How To Open Account Exness (2024)

FAQs

Why is my Exness account saying not enough money? ›

This error occurs when a trader attempts to open a trade but does not have enough funds to cover its costs. Let us look at this in more detail: Understanding margin and spread cost. Tips to resolve the error.

Why is my account saying not enough money? ›

This message will only appear when entering into a position if you do not have enough free Margin to pay the Initial Margin for the position.

What is the best account to open in Exness? ›

Which Exness Account Type is Best? As discussed earlier, the Standard account is the best option for beginners due to its fixed spreads, low minimum deposit, and high leverage. However, the Pro and Raw Spread accounts may be more suitable for experienced traders who require lower spreads and faster execution speeds.

What do you need to open an account with Exness? ›

Only a valid email and/or mobile number is required to register an Exness account. However, it is essential to verify ownership of the Exness account by providing verification documents.

How to fix not enough money? ›

If 'Not enough money' message pop up it means that there is not enough money to cover the margin requirement on the account, you will need to fund your account or close some/all open trades if any to free up margin.

Can I trade with $1 on Exness? ›

Account Types on Exness

The Standard Cent account is the most suitable for trading with $1, as it allows for micro-lot trading and has a low minimum deposit requirement. Traders can also choose to open a Standard account with a minimum deposit of $50 and trade with mini-lots, which are 1/10th of a standard lot.

Why does it say I have insufficient funds when I have enough money? ›

1. If you have recently funded your account, it's possible that the funds did not fully clear into the account when you attempted to make a payment. 2. If you are using overdraft or credit facilities on your account.

Why does forex say not enough money? ›

Why does the "Not enough money" message appear when I try to open a position? "Not enough money" means that there is not enough margin on your account to open a position of the desired volume.

What to do when money is not enough? ›

The very first step is creating a concrete, zero-based monthly budget where every dollar is telling you where to go. That means tracking all expenses and instituting spending guardrails for each category. Phones, streaming services, eating out - nothing is off limits from this budget's containment.

Which broker is better than Exness? ›

Best Broker Alternatives for Exness

Interactive Brokers - 9.9/10 Overall. Saxo - 9.7/10 Overall. CMC Markets - 9.6/10 Overall. FOREX.com - 9.4/10 Overall.

Is Exness trusted? ›

Exness is widely regarded as a safe and secure platform for trading, thanks to our status as a licensed and regulated broker overseen by prominent international regulatory bodies.

What is the minimum deposit for Exness in USD? ›

For Standard Accounts, Exness minimum deposit is $10. The Standard Account types consist of Cent Account & Standard Account; and they are built for new traders as they don't offer raw spreads. Standard Account spreads start from 1.0 pip. For Professional Accounts, the Exness minimum deposit is $500.

Can I use Exness in the USA? ›

Since Exness is not legally allowed to operate in the US, residents looking to engage in forex trading can consider alternative platforms. The most obvious choice would be to seek out a broker that is registered with the CFTC and NFA, as these brokers have met the necessary requirements to operate in the US market.

Which country is Exness registered in? ›

Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. Exness (Cy) Ltd operates under the website www.exness.eu.

Does Exness require ID verification? ›

Providing verification documents are needed to verify an Exness account, and include a proof of residence (POR) and proof of identity document (POI).

Why is Exness rejecting my deposit? ›

This can occur if there's a temporary issue on the bank's side due to short-term maintenance. You can try again later, and if the issue isn't resolved within 24 hours, you can contact your bank. In the meantime, you can also use another payment method. Temporary processing error.

What is the minimum amount for Exness? ›

Exness minimum deposit in Nigeria is $10 around N16, 000 and with this you can open a Standard Account for trading. Exness Professional Accounts require N800, 000 minimum deposit. Exness Minimum Deposit in Kenya is 1,333 KES or $10 (for the Standard Account) and you can deposit through local means including MPESA.

Is Exness a bad broker? ›

Exness is widely regarded as a safe and secure platform for trading, thanks to our status as a licensed and regulated broker overseen by prominent international regulatory bodies.

References

Top Articles
Latest Posts
Article information

Author: Arielle Torp

Last Updated:

Views: 6798

Rating: 4 / 5 (41 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Arielle Torp

Birthday: 1997-09-20

Address: 87313 Erdman Vista, North Dustinborough, WA 37563

Phone: +97216742823598

Job: Central Technology Officer

Hobby: Taekwondo, Macrame, Foreign language learning, Kite flying, Cooking, Skiing, Computer programming

Introduction: My name is Arielle Torp, I am a comfortable, kind, zealous, lovely, jolly, colorful, adventurous person who loves writing and wants to share my knowledge and understanding with you.