This article explains how to open an account with Exness, the steps to trading, points to note, and documents with images for each procedure page. Exness is a very popular FX broker in the world. Many traders around the world have registered accounts, making it very popular. To start trading with this FX company, you must first open an account. Let’s introduce the account opening method and procedure.
- Features of Exness and points to note when opening an account
- Exness Account opening method and procedure
- Submit your identity verification documents and activate your account
- Features of Exness and points to note when opening an account
- Exness What is your account type?
- Next Step
- Account opening bonus
- Time it takes to open an account
- Unverified account
- Account opening fee
- Creating additional accounts
- demo account
- Corporate account
- islamic account
- Can’t log in
- Can I cancel or withdraw from my account?
Features of Exness and points to note when opening an account
When opening an account with Exness, an overseas FX company (trader), please be careful of the following points. New member users who open an account should be careful. There is also a notation on the website of the operating company, so if you have any questions, please send the situation to the support team and contact them. The site also includes terms of use and frequently asked questions. This article explains the process of opening an account.
Supports various methods for deposits and withdrawals
Deposits and withdrawals are supported by various methods. In addition to bank transfers, we also accept credit cards, online wallets (bitwallet, sticpay, perfect money), and virtual currencies.
The operation has acquired a financial license.
Exness is an FX broker that operates all over the world. You can trade with confidence as we have obtained a license from the Seychelles Financial Services Authority. Leverage is limited but unlimited, and although there are no bonuses, high leverage trading is possible.
There are many account types
Exness offers a number of account types. There are also cent accounts, standard accounts, professional accounts, low spread accounts, and ECN accounts. You can choose your own account type, and it has a very good reputation. You can trade instantly starting from $10. The environment can be traded on metatrader. EA is also available.
Characteristics of currency pairs and trading products
FX is available for currency pairs, and you can trade many currencies, mainly USD. Not only that, there are many financial products, and it is also possible to trade virtual currencies, stocks, and even energy and precious metals. You can now trade on your smartphone as well. Lots can also be traded at fairly high prices. Automatic trading is also possible.
bonuses and campaigns
There are no bonuses or campaigns at Exness. This is a big disadvantage, but the spread is extremely narrow. Although it may be a pain for investors with FX experience in the industry, narrow spreads are a huge benefit. Low spread trades are advantageous for short-term traders.
trading platform
Trading platforms include MT4, MT5, and the latest web terminal. You can trade with any of the three. The important thing to note is that the steps to trading are different for each. It can be downloaded from the official website. You can also download your transaction history.
You can trade up to zero margin
The margin maintenance rate that results in a forced loss cut is 0%. The official website also lists the loss cut level. The stop-out level is the margin maintenance rate when a forced stop-out is activated. When unrealized losses increase and the margin maintenance rate reaches the loss cut level, the position will be automatically closed to prevent further losses. As the number suggests, the loss cut level of 0% cannot be lower than this.
Identity verification is required
When opening an account with Exness, you will be asked to verify your identity regarding your personal profile. Details are explained below, but you will not be able to trade unless you prove the residency information of the investor with utility bills, etc.
Please note that you will not be able to register depending on your nationality and country of residence, such as Iraq, Syria, Yemen, United States, Curacao, Virgin Islands, New Zealand, Finland, Russia, Denmark, Canada, France, Italy, Spain, Netherlands, Switzerland, Sweden, Poland, Israel, Romania, Portugal, Australia, Belgium, Monaco, Malta, Hungary, Germany, Bulgaria, Slovenia, Estonia, Croatia, Iran, Austria, Gibraltar, Norway, Liechtenstein, Greece, Lithuania, Latvia, Ireland, Iceland, Slovakia, Marshall Islands, Guam, San Marino, Andorra, Puerto Rico, Wake Island, Cyprus, Northern Mariana Islands, Vanuatu, Nabassa, etc. You must also be 18 years of age or older.
Exness Account opening method and procedure
From here, I will explain how to open an account. First, let’s move to the account opening page from the following. When you click “Open an account”, a new member registration form will be displayed, so let’s check from the input contents.
Language switching is possible from the upper right of the screen
Fill in the registration form
First, we will fill out the registration form.
Country/Region of Residence: Select the country where you currently live.
Email Address: Enter a valid email address.
Password: Enter your password.
Please note that the password must be 8 to 15 alphanumeric characters and must use uppercase and lowercase letters. After that, check the confirmation items and press the continue button.
Email address approval
A registration completion email will be sent to the registered email address. Confirm your email address by clicking “Open a trading account” in the email.
Choosing a trading account
When you click “Open a trading account” in the email you receive, the account selection screen will be displayed. Of the two types of accounts, click “Main account”.
Login to personal area
You can log in to your personal area by selecting “main account” in the account type selection. If you can confirm that you have logged in to your personal area, the account opening is complete.
Submit your identity verification documents and activate your account
Just opening a new account with Exness doesn’t mean you can start trading yet. In order to be able to actually trade and deposit / withdraw, it is necessary to submit identity verification documents and activate the account.
Confirm email address
When you click “Trade” on My Page, the following screen will be displayed. Click Receive Code to verify your email address.
Confirm phone number
After confirming your email address, select “Phone number” on the same screen and select how you want to receive the code. Click Receive Code to complete phone number verification.
Registration of personal information
After confirming your email address, select “Personal Information” on the same screen and register your name, gender, date of birth, and address. After entering all the information, click “Continue”. If the display changes to the following completion display, the personal information registration procedure is completed. Click “Complete verification” to verify your identity.
Upload identity verification documents
Upload your ID as proof of identity.
Please select the document to be submitted from the following identification documents. Documents to be submitted must be able to confirm “face photo, name, date of birth, date of issue”. If the required information is on the front and back, don’t forget to upload both sides. In addition, blurry photos and unreadable photos will be NG. Please use a clear photo.
passport
Driver’s license
ID card
Resident registration card
Upload proof of address
Upload your address verification documents.
The following documents can be submitted as proof of residence. Documents to be submitted must be able to confirm the address and name. If the required information is on the front and back, don’t forget to upload both sides. In addition, blurry photos and unreadable photos will be NG. Please use a clear photo.
Affidavit/Proof of Residence
phone bill
Water bill receipt
Receipt for internet/cable TV/telephone bills
bank balance certificate
tax payment notification
Identification
Driver’s license
National Health Insurance card
my number card
Tax certificate
automobile tax payment certificate
Pension payment certificate
After submitting your proof of residence, you will see a screen like the one below.
After that, the review will be completed in a maximum of 24 hours, and if approved, it will be freely tradeable. If “Your documents have been successfully approved” is displayed at the top of My Page, you have completed submitting your identity verification documents and activating your account.
If authentication fails
If the authentication fails due to an incomplete submitted image, you will receive an email with the subject “Procedure required: Unable to verify the document.” If authentication fails, you need to click “Resend” displayed at the top of the member page and submit the image again.
Features of Exness and points to note when opening an account
When opening an account with Exness, please note the following points: New member users who open an account should be careful. There is also a notation on the website.
Supports various methods for deposits and withdrawals
Deposits and withdrawals are supported by various methods. In addition to bank transfers, we also accept credit cards, online wallets (bitwallet, sticpay, perfect money), and virtual currencies.
The operation has acquired a financial license.
Exness is an FX broker that operates all over the world. You can trade with confidence as we have obtained a license from the Seychelles Financial Services Authority. Leverage is limited but unlimited, and although there are no bonuses, high leverage trading is possible.
Characteristics of currency pairs and trading products
FX is available for currency pairs, and you can trade many currencies, mainly USD. Not only that, there are many financial products, and it is also possible to trade virtual currencies, stocks, and even energy and precious metals. You can now trade on your smartphone as well. Lots can also be traded at fairly high prices. Automatic trading is also possible.
bonuses and campaigns
There are no bonuses or campaigns at Exness. This is a big disadvantage, but the spread is extremely narrow. Although it may be a pain for investors with FX experience in the industry, narrow spreads are a huge benefit. Low spread trades are advantageous for short-term traders.
trading platform
Trading platforms include MT4, MT5, and the latest web terminal. You can trade with any of the three. The important thing to note is that the steps to trading are different for each. It can be downloaded from the official website. You can also download your transaction history.
You can trade up to zero margin
The margin maintenance rate that results in a forced loss cut is 0%. The official website also lists the loss cut level. The stop-out level is the margin maintenance rate when a forced stop-out is activated. When unrealized losses increase and the margin maintenance rate reaches the loss cut level, the position will be automatically closed to prevent further losses. As the number suggests, the loss cut level of 0% cannot be lower than this.
Identity verification is required
When opening an account with Exness, we will verify your identity regarding your personal profile. The details are explained below, but you will not be able to trade unless you prove the resident information of the person investing in utilities etc. Also, please note that registration may not be possible depending on your nationality or country of residence, such as the United States, Virgin Islands, New Zealand, Finland, Russia, Denmark, Canada, France, Italy, Spain, Australia, Hungary, Germany, or Norway. You also need to be over 18 years old.
Exness What is your account type?
Opening the account itself is the next step. Please refer to the article below to open an account. It also describes how to start trading. There are MT4 and MT5 platforms, and users who have used MT4 or higher will be able to use it without any problems. It’s also very easy to set up.
Next Step
The next step is to deposit money into your account. Exness has more types than other FX companies (xmtrading, axiory, ironfx, fxgt, titanfx, etc.), so it is more complete. The server is comfortable and the implementation environment is optimal. From the first time, you can trade in major currencies such as USD, JPY, EUR, and GBP.
Account opening bonus
There is no account opening bonus at Exness. Other FX brokers often offer bonuses, but Exness does not offer bonuses in the first place. However, it is known for its very narrow spreads. You can compete with narrow spreads, so it is highly recommended for those who are good at short-term trading and scalping trading.
Time it takes to open an account
Opening an account takes about 1 minute. However, after that, account activation will be subject to staff review. The support center will be closed on Saturdays and Sundays, so we will respond on weekdays. However, account activation can be completed within 1 to 24 hours. Therefore, you can receive a response relatively quickly.
Unverified account
Opening an account takes about a minute. However, if you leave your account unauthenticated after that, restrictions will be placed on your account itself. Deposit, fund transfer, and trading capabilities are essentially impossible until the account is fully verified. Therefore, if you want to use the basic functions, account activation is a prerequisite, so make it your top priority.
Account opening fee
As the title of this article suggests, there are no fees for opening an account. Also, there are no account maintenance fees, so you can feel safe even if you open an additional account. However, preparation of documents is required for validation. You will need an ID with a photo, such as a driver’s license or passport, so be sure to have it ready.
Creating additional accounts
Exness allows you to create additional accounts. You can also use multiple accounts, so please refer to the article below.
demo account
Exness also offers a demo account as a virtual account. With a demo account, you can trade using fictitious money, so there is no need to use cash. If you are interested, please refer to the article below to open an account.
Corporate account
Exness also offers corporate accounts. In the case of a corporate account, there are a lot of documents to prepare, which can be troublesome, but there are also benefits. For corporate accounts, please refer to the article below.
islamic account
Exness has an account type specifically for Muslims. If you are a Muslim, you can get free swap points by using an Islamic account. However, please note that the spread will be slightly wider.
Can’t log in
If you are having trouble logging in even after opening an account, please refer to the article below.
Can I cancel or withdraw from my account?
Please refer to the article below regarding account cancellation and withdrawal. Exness is recommended because it has more order styles and trading tools than other FX companies such as XM, handles more stocks, and has narrower spreads. Debit and credit card remittances are also possible, and the results are reflected quickly, which is highly rated by users.
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