Among Exness’ account types (Pro, Zero, Low Spread, Cent), the standard account is the most recommended, so we will explain its characteristics in this article. This account is most popular among beginners. Therefore, this is a highly recommended account type for those who are new to Exness or are beginners in FX itself.
Standard account
Standard accounts can be opened from the following. There are MT4 and MT5. If you are not sure which account type to use for trading, we recommend opening a standard account first. Most beginners to Exness and FX beginners choose the standard account. Standard accounts are compatible with MT4 and MT5 trading tools, and can also be used with web traders and self-developed apps. In total, all currencies and different stocks are suppressed, and high leverage is used. Depending on the time of day, you can settle with a narrow spread.
| Minimum initial deposit amount | From $1, depending on payment method |
| Maximum leverage | Unlimited leverage |
| transaction fee | free |
| Average spreads for major currency pairs | USD/JPY：1.1 pips EUR/USD：1.2 pips GBP/USD：1.2pips |
| margin call | 60% |
| order execution | market execution |
| Number of stocks handled | FX (foreign exchange): 98 Precious metal: 10 Virtual currency: 35 Energy: 3 Shares: 99 Index: 10 |
| Supported trading platforms | MT4/MT5/Web Terminal/Trading App |
The characteristics of the account are as follows. This is a common account type at overseas FX companies and is recommended for beginner level investors. Exness offers some of the lowest spreads in the industry. There are many major currency pairs and a wide variety of financial products, so it is abundant, but there are almost no bonuses or campaigns. This is a fully-equipped account that also supports automatic trading (EA). You can currently create additional accounts in your personal area. You can also trade stock indices, gold, minor pairs, Bitcoin, etc.
Minimum deposit amount is
You can start trading with a standard account with a deposit of $1. This account type is highly recommended for those who want to start trading with a small amount. It is safe because you can start trading with a small amount at a low cost. Demo accounts are also supported. The vendor accepts legal currencies (US dollar, Japanese yen, euro, etc.). Swap is also used. The environment is perfect for beginners.
the spread is wide
Market spreads are wide among exness account types. Therefore, it is not recommended for people who want to try scalping. The spread is subject to change, and you can check the details on the official page. Margin can withstand up to 0%. Low spread accounts and ECN accounts are commonly recommended for intermediate and advanced users. Even individuals with modest basic specifications can make high-value trades. Bonuses and campaigns are also available.
Minimum trading volume
Minimum trading volume, quantity is 0.01lot. Entry is possible for lots starting from 0.01. The maximum lot limit is 200 in total. The same applies to market orders and limit orders. It is also possible to trade in multiple positions. As a side note, swap points will occur if you cross the dates.
Completely free of transaction fees
Standard account specifications have no transaction fees. Therefore, it is a hot topic among both beginners of FX and experienced traders, and is of course the most widely used standard account type. Other account types incur transaction costs. In terms of currency units, we handle only important pairs such as USDJPY, EURUSD, and GBPUSD. This is the most popular account type. You can also trade in Australian dollars and pounds. There are fewer restrictions on trading methods than other companies, and your style is essentially free.
zero cut
The standard account uses the zero cut rule. Zero cut means that your account will not become negative due to some kind of transaction problem. This means there is no risk of incurring debt. System-wise, losses and stop-loss cut level limits are 0% and requotes will not occur. Therefore, you can maintain the margin until you lose the entire amount, but you should think about what to do if you receive a margin call warning.
Advantages of a standard account
The standard account is a popular standard standard account. You can trade all kinds of commodities and use maximum unlimited leverage. The standard account is safe because there is no margin call for zero cut. As for the opening conditions, it is possible to open from as little as $ 1 for fund transfer between accounts, and you can hold up to 100 accounts at the same time. Even new deposits can be opened at a low cost from the minimum deposit amount of $ 10, and there are no account maintenance fees and no transaction fees, so there is an advantage that you can easily start from a low cost.
Disadvantages of standard accounts
The disadvantage is that it can be used widely from beginners to advanced users with easy settings, but the immediate contract method of professional accounts cannot be used. Since it is an account type with a high possibility of slippage, it may not be suitable for people who are particular about it. Be careful as the spreads are wider than other account types. Since this account is for people with a small amount of funds, it is better to choose a professional account for those who have a large amount of funds or who decide the stop loss line fluidly.
Recommended for beginners
The standard account is highly recommended for beginners. The standard account is the most well-balanced of all account types, and since the deposit amount starts from $1, you can trade with a very small amount. In addition, there are many stocks, so it is an account type that allows you to enjoy trading to a certain extent. This account type is also available from other companies (XMTrading, Easy Markets, FXGT, BigBoss, ThreeTrader, etc.). The service has a narrow spread and the price is suitable for each unit of trade. It is recommended because it supports CFDs with low fees. You can change and add accounts from the home page.
Get used to trading
We recommend that you start by getting used to trading with a standard account. As explained above, the standard account allows you to trade evenly and has a wide range of stocks, so you will not be dissatisfied. We recommend that you consider other account types after you get used to it. We also recommend the standard account for those who are new to Exness. It is mainly supported by metatrader, and real deposits and withdrawals are also smooth. Unlike other accounts, customers can easily make profits because the spreads are narrow. Please note that some volatility may increase while watching your balance. There are also promotions, so it is a good deal.
microtransactions
Standard accounts allow you to trade small amounts, so they are recommended for those who are still afraid of trading. The biggest advantage is that the leverage is unlimited, so you can practice trading even with a very small amount. For this reason, many people consider starting with a standard account. Most people who are new to Exness choose the standard account. Of the two types of low-risk accounts, this is one of the most consistently risk-free accounts we offer. In addition, you can almost always aim for a profit by handling the top-ranked well-known stocks. This type is highly rated by members. It is cheap and reliable, and you can earn a lot.
Also holds financial license
Exness is a large company with financial licenses and bases in Cyprus, Seychelles, the UK, Australia, etc., so it is thoroughly managed and has a proven track record, so there is no need to worry and it is safe. The official website offers six types of financial products, which is more than other companies, making it possible to trade advantageously. If you have the knowledge, you can make stable profits and losses. The official website also has calculation tools that you can use. It is attractive that it also has its own web trader. You can earn a lot by using the functions while developing a strategy in one day.
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