Does Exness allow traders to select and change their trading account type? This article will explain it. I believe you will select an account type when opening an account, but is it possible to change the account type after opening an account? There are five account types, and many people may want to change their account type after actually trading.
Cannot change account type
I believe you set the account type when opening the account below. However, it is not possible to change the account type. Once you select the first offered type: Standard, Cent, Pro, Low Spread, or Zero, you will continue to use it for free forever, so you cannot change or refuse it midway. Please refer to the article below for details on opening an account.
Besides the account type, users are also not allowed to change the base currency of the trading account or even the server of the trading account. So you have no choice but to use whatever is assigned. However, there are ways to modify these sets in other ways.
Add account
Please log in to your personal area. By adding an account from the first time, the base currency, account type, and even server are prepared and can be changed instantly. As introduced in the article on the following page, you can have up to 200 valid accounts, so you can change them by adding more. Please refer to the following articles when you have time. Prices, transaction costs, and fees for one-way and round-trip flights remain the same. Base currencies are also offered in dollars, Japanese yen, euros, etc.
What can be changed in an existing account
For already created accounts, the items that can be changed are limited to the following.
- password
- read access
- nickname
- leverage
Holding multiple account types
By the way, there is not only one account type per user. It is also possible for one user to have multiple account types. It is possible for one user to have multiple accounts by creating multiple accounts and assigning different account types to each one. Therefore, it is now possible to solve the problem not only by changing the account type, but also by creating a new one.
Holding a demo account and a real account
By the way, it is also possible to have both demo and real accounts. It is also possible to practice with a demo account before using a real account. Therefore, it is now possible to use various account types together, so let’s give it a try.
Be careful as there are risks
Investments are subject to risk as market prices may fluctuate. This is the same for businesses, and depending on the conditions, there is a possibility of loss. Since there are many different currency pairs, it is necessary to constantly collect information and take measures to protect margin funds. Transaction costs are also partially suppressed, making it easy to use. The loss cut level is 0%, so you can withstand up to a full loss. There are no requotes or slippages. However, please note that there are no bonuses or campaigns.
There is unlimited leverage
We currently have unlimited leverage, so we recommend it over other companies. You can create an account and start earning money even with minimum funds. Also, swaps occur when you trade across days. There are no restrictions on trading methods, and various styles of trading are possible using free scalping and automatic trading tools. It is possible to enter a large number of lots, and the actual spread is narrow in pips. It has very good reviews and reputation as there are few disadvantages.
There is an MT4 tool
In operation, MT4 and MT5 are used as tools on the platform. You can place a new order by clicking on the market, limit price, or stop price. We have a wide variety of stocks, including precious metals, indexes, energy, virtual currencies, stocks, major currency pairs, and energy. Many positions are available through the system. We have the perfect investment environment. The market can be very volatile depending on the time of day, so be careful when important economic indicators are announced.
Can be used differently
As mentioned above, generally speaking, once you open an account, you cannot change it, but the bottom line is that you can have multiple accounts, so you can have all five major account types. The service allows you to have both demo and real content, so you can maintain a good balance and utilize a wide range of types. The content is of course the same, and you can trade with higher leverage. If you are a knowledgeable and experienced trader, you will be able to make a lot of money in one day.
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