Exness Standard Accounts
Exness Standard Account is designed to cater to a wide range of traders, offering a user-friendly interface and flexible trading conditions. This account type is particularly suitable for both novice and experienced traders who seek access to financial markets without the complexities that come with more advanced account types. Below, we detail the key features, benefits, and operational guidelines of the Exness Standard Account.
Exness Standard Account
Exness Standard Account suited the most accessible account type, suitable for beginners and all types of traders. It offers a simple fee structure with no commissions, reasonable spreads, and a low minimum deposit, making it a versatile option for casual and serious traders alike.
Features of Exness Standard Account:
- No minimum deposit requirement, depending on your chosen payment system.
- Experience stability in spreads, reliable execution, and the advantage of zero trading commissions.
- More than 120 currency pairs and instruments available to trade.
- Orders executed on market execution (no requotes).
| Minimum first-time deposit | Depends on the payment system |
| Maximum leverage | MT4: 1:Unlimited (subject to conditions)MT5: 1:Unlimited |
| Execution type | Market execution |
| Account suffix | -m |
| Trading platforms | MetaTrader 4 |
| Commission | None |
| Spread | From 0.2 pips |
| Margin call | 60% |
| Stop out | 0% |
| Max number of open orders | MT4 demo: 1 000 (100 pending)MT4 real: 1 000 (100 pending)MT4 combines both pending and market orders open concurrently.MT5 demo: 1 024MT5 real: Unlimited |
| Min volume for opened orders | 0.01 lots (1K)(subject to trading instrument) |
| Max volume for opened orders | 07:00 – 20:59 (GMT+0): 200 lots 21:00 – 6:59 (GMT+0): 60 lots(subject to trading instrument) |
| Max trading accounts per PA | Real MT4: 100Real MT5: 100Demo MT4: 100Demo MT5: 100 |
| Account currencies | Real and demo:AED ARS AUD AZN BDT BHD BND BRL CAD CHF CNY EGP EUR GBP GHS HKD HUF IDR INR JOD JPY KES KRW KWD KZT MAD MXN MYR NGN NZD OMR PHP PKR QAR SAR SGD THB UAH UGX USD UZS VND XOF ZARExisting accounts only:MAUUSD MAGUSD MPTUSD MPDUSD MBAUSD MBBUSD MBCUSD MBDUSD |
| Hedged margin | 0% |
| Instrument groups | ForexCryptocurrenciesCommoditiesIndicesStocks |
| Swap free | Available(automatically applied to accounts registered in Islamic regions) |
Exness Standard Cent Account
Exness Standard Cent Account designed for new traders, the Standard Cent Account allows trading in smaller volumes (in cent lots), reducing the risk while providing real trading experience. It’s an excellent choice for practicing strategies without a significant financial commitment. Ideal for newcomers looking to trade with lower risks. Trades are denominated in cents, allowing for a real trading experience without significant investment. Perfect for newcomers to forex trading.
Features of Exness Standard Cent Account:
- Exclusive use of cent lots, setting it apart from other account types;
- Benefit stable spreads, reliable execution, and no trading commission;
- Execute orders seamlessly with market execution, eliminating requotes;
- Access up to 36 trading instruments for a diversified trading experience.
Standard Cent is a specialized account measuring trading volume in cent lots (1 cent lot = 100,000 cents or USD 1,000), unlike other Standard and Professional accounts that use lots (1 lot = 100,000 units of the base currency). With a minimum trading volume of 0.01 cent lots (1,000 cents or USD 10), Standard Cent accounts are ideal for practicing trading or testing strategies with lower risk.
| Maximum leverage | MT4: 1:Unlimited (subject to conditions) |
| Execution type | Market execution |
| Account suffix | -c |
| Trading platforms | MetaTrader 4(Demo accounts not available) |
| Commission | None |
| Spread | From 0.3 pips |
| Margin call | 60% |
| Stop out | 0% |
| Max number of open orders | Pending orders: 50Market orders: 1 000This amount combines both pending and market orders open concurrently. |
| Min volume for opened orders | 0.01 cent lots (1K cents) (subject to trading instrument) |
| Max volume for opened orders | 200 cent lots 24 hours a day(subject to trading instrument) |
| Max trading accounts per PA | Real MT4: 10 active trading accounts |
| Account currencies | USC, EUC, GBC, CHC, AUC, CAC |
| Hedged margin | 0% |
| Instrument groups | See available trading instruments listed below the table. |
| Swap free | Available(automatically applied to accounts registered in Islamic regions) |
| Maximum leverage | MT4: 1:Unlimited (subject to conditions) |
The Exness Standard Cent Account offers traders a unique blend of flexibility and accessibility. With a range of leverage options, traders can tailor their positions to their risk tolerance and trading strategy. Additionally, the account features competitive spreads, providing cost-effective trading conditions.
Comparisons with Other Exness Account Types
Distinguishing the Standard Cent Account from other Exness accounts is essential for you to make informed decisions. While the Standard Cent Account is ideal for those starting with smaller capital, the Standard Account may suit traders with a larger risk appetite and investment capacity.
Exness Standard Account vs. Pro Account:
- Standard Account: A versatile and widely-used account type with competitive conditions;
- Pro Account: Tailored for experienced traders, often featuring lower spreads and additional benefits for those with larger capital.
Exness Standard Cent Account vs. Zero Account:
- Standard Cent Account: Geared towards traders with limited capital, featuring cent-based transactions for accessibility;
- Zero Account: Known for zero spreads, appealing to traders who prioritize tight spreads and potentially lower trading costs.
Benefits of Exness Standard Account:
- Accessibility.The lack of a minimum deposit and the straightforward account setup process make the Standard Account highly accessible to all types of traders.
- Variety of Instruments. Traders can access a wide range of trading instruments, including forex, metals, cryptocurrencies, energies, and indices, allowing for diversified trading strategies.
- Educational Resources. Exness offers a wealth of educational materials, which can be particularly beneficial for those new to trading. This includes webinars, tutorials, and articles designed to enhance trading knowledge and skills.
- Customer Support. 24/7 customer support ensures that traders can get assistance whenever they need it, making the trading experience smoother and more enjoyable.
How to Get Started with Exness
Embarking on your trading adventure begins with a straightforward account creation process. Follow this step-by-step guide to set up your Exness Standard Account:
- Registration. Click and complete the registration form. You’ll need to provide some basic personal information and undergo a verification process to comply with regulatory requirements;
- Account Setup. Once verified, log into your personal area and select the Standard Account as your preferred account type. Configure your account settings, such as the preferred currency and leverage;
- Deposit Funds. Although there’s no minimum deposit, you’ll need to fund your account to start trading. Exness supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets;
- Start Trading. Download and install the trading platform, such as MetaTrader 4 or MetaTrader 5. Log in with your Exness account credentials, and you’re ready to start trading.
Managing Exness Standard Accounts
Once your Exness Standard Account is set up, efficient management is paramount.
Deposits and Withdrawals:
- Navigate to the ‘Funds Management’ section;
- Choose your preferred deposit or withdrawal method;
- Follow the on-screen instructions to complete the transaction securely.
Account Customization Options:
- Access the ‘Account Settings’ tab;
- Personalize your account preferences, including language, notification settings, and trading parameters;
- Explore advanced customization options to tailor your trading experience.
Security Measures:
- Enable two-factor authentication for an additional layer of security;
- Regularly update and review your account settings to ensure optimal security;
- Stay informed about the latest security features provided by Exness.
Technical Support:
- In case of any challenges, reach out to Exness customer support for prompt assistance;
- Utilize the comprehensive FAQ section for quick answers to common queries.
FAQs: Exness Standard Accounts
What are the key features of the Exness Standard Account?
The Standard Account comes with features such as tight spreads, leverage options, and a user-friendly interface. It is designed for traders who seek a balance between cost-effectiveness and flexibility.
How does leverage work in the Standard Account?
Leverage in the Standard Account amplifies trading positions, allowing traders to control larger positions with a relatively smaller amount of capital. Exness provides flexible leverage options to suit different trading strategies.
What distinguishes the Standard Account from other Exness account types?
The Standard Account is positioned as a middle-ground option, offering competitive conditions. It contrasts with accounts like Mini and ECN, providing traders with a versatile choice based on their preferences and trading style.
What are the key differences between the Standard Cent Account and other Exness accounts?
The Standard Cent Account is tailored for traders with limited capital, offering cent-based transactions. In contrast, other Exness accounts like the Standard Account may be more suitable for those with a higher risk appetite and capital.
How can I effectively manage risk with the Standard Cent Account?
Risk management is crucial. Tips include starting with smaller position sizes, diversifying your portfolio, and utilizing the available risk management tools offered by Exness.
What are the available funding methods for the Standard Cent Account?
Funding your Standard Cent Account is easy and diverse. Exness supports various deposit methods, including bank transfers and electronic payment systems. Choose the method that suits your preferences.
