Exness offers two types of accounts: Pro and Standard. They differ in spreads, commissions, leverage, and features. The best account for you depends on your trading style and experience.
Key Differences Between Exness Pro and Standard Accounts
Pro accounts have raw spreads, which are tighter but come with a commission per trade. Standard accounts have fixed spreads with no commission, making them simpler.
Pro accounts offer higher leverage (up to 1:2000), which means you can trade with more capital. Standard accounts have lower leverage (up to 1:200), making them safer for beginners.
Pro accounts also offer advanced tools, like Expert Advisors (EAs) for automated trading. Standard accounts have fewer features and are more basic.
Exness Pro Account Features
Exness Pro accounts are for experienced traders. They offer:
- Raw Spreads: Tighter spreads, which lower trading costs.
- Higher Leverage: Up to 1:2000, allowing you to trade larger positions.
- Commissions: Pro accounts charge a commission per trade.
- Advanced Tools: More charting options and Expert Advisors (EAs).
- No Restrictions: You can use any strategy, like scalping or automated trading.
If you’re an experienced trader looking for lower costs and more features, the Pro account is a good choice.
Exness Standard Account Features
Exness Standard accounts are easier to use and suited for beginners. They offer:
- Fixed Spreads: Predictable spreads with no surprise costs.
- No Commissions: You only pay the spread, no extra fees.
- Lower Leverage: Up to 1:200, reducing risk.
- Simple Interface: Easy to navigate and use.
- Flexible Trading: You can still use scalping or automated trading, though with fewer tools.
Standard accounts are perfect for those new to trading or those who prefer a simpler setup.
Which Account Type is Right for You?
The type of Exness account you choose should depend on your broker experience and requirements. The Standard account is excellent for those new to trading or looking for something straightforward. It is commission free, with fixed spreads and easy to use. You can concentrate on getting to grips with the content without the distraction of overly complex features.
Experienced users who prefer additional flexibility may prefer the Pro account. They provide smaller spreads, bigger leverage and entry to cutting-edge trading tools. The Pro account offers the features you need to take your trading experience to the next level if you’re planning on trading larger quantity volumes or utilizing strategies like scalping.
In short, if you are a beginner, go for the Standard account. If you’re experienced and need more advanced tools, go for the Pro account.
How to Open an Exness Pro or Standard Account
Opening an Exness account is easy and quick. Follow these steps to get started:
- Visit the Exness website and click on the “Open Account” button.
- Fill in your personal details such as your name, email, and phone number.
- Choose your account type: Select either the Pro or Standard account based on your preferences.
- Create a strong password for your account.
- Verify your email and phone number: You’ll receive a confirmation message.
- Complete KYC (Know Your Customer): Upload your ID and a proof of address for account verification.
- Make your first deposit: Choose a payment method and fund your account.
- Once your account is verified and funded, you’re ready to start trading.
It’s simple and quick, and Exness provides helpful instructions along the way.
Common Issues and Troubleshooting
While the Exness account setup is generally smooth, you may face some issues. Here are some common problems and how to fix them:
1. Registration Issues:
Sometimes you might get an error during registration. Double-check your details, especially your email and phone number, to make sure everything is correct. Refresh the page and try again if needed. If the problem persists, contact Exness support.
2. Verification Delays:
Account verification (KYC) can take time. If your documents are unclear or outdated, the process might be delayed. Make sure the documents are recent and clear. If it takes too long, reach out to Exness support to check the status.
3. Deposit Problems:
If your deposit doesn’t go through, check if the payment method you are using is supported by Exness. Also, make sure your payment details are correct and that you have enough funds. Some methods may take longer, so be patient. If the issue continues, contact Exness support.
4. Platform Access Issues:
If you can’t access the trading platform, try restarting it. Also, check if there are any updates available or reinstall the platform. If the problem persists, make sure your device meets the necessary system requirements.
5. Withdrawal Delays:
Withdrawals can sometimes take a little longer depending on the payment method. Double-check your withdrawal details, and if it’s still delayed, contact Exness support for assistance.
Most of these issues can be easily fixed, and Exness support is always available to help you if needed.
Conclusion: Which Exness Account is Best for You?
The simplest one is the Standard account, which is very suitable for new traders since it offers fixed spreads with no commission. It is nice and easy to get started with trading on it. On the contrary, the Pro account provides tighter spreads, bigger leverage, and more sophisticated tools, being designed for experienced traders who need more flexibility. Choose the Standard account if you’re just starting out, and the Pro account if you’d like advanced features.
Frequently Asked Questions (FAQ)
What is the minimum deposit for an Exness Pro account?
Exness Pro account minimum deposit: $200 This allows you to take full advantage of all the advanced features such as raw spreads and higher leverage.
