In this article, you are going to learn to open exness MT4 and MT5 Forex Trading Accounts. The process is easy where you can quickly access your exness account.
Established in 2008, Exness has been serving as a forex broker over 60,000 active traders around the world.
The broker has kept developing innovative features associated with its trading accounts for serving` its client with the best possible trading atmosphere.
Since its establishment, Exness developed multiple types of trading accounts based on the needs of its clients to suit different trading styles.
The strategy of the broker stands like, it doesn’t matter from where you are, how much capital do you have, or what trading style you do follow, Exness always has the right trading place for you based on your requirements. Opening a trading account in Exness is easier than ever.
However, we recommend you to assess your needs and trading styles first so that you can choose the account that fits you most. You have a valid ID and proof of your address means you are eligible to be an Exness client.
How to open exness MT4 & MT5 trading account?
It takes only a few simple steps in order to open a new trading account in Exness:
1. Register for your Personal Account Area
Visit the official website of Exness and click on the register icon. Fill-up the form with the name of your country of residence and a valid email address.
You’ll also be asked to set your password for your personal account area. If you’re following a referral link then you’ll be directed straight to the Exness personal area registration page.
2. E-mail verification
After you create your personal account area, Exness will send a verification code to your email. Next time when you’ll log in to your account, you’’ be asked to enter the verification code and your email will get verified.
3. Security settings
This is an important step that directly involves the security of your account. You’ll be required to choose a 2-step verification method using either your phone number or your email address.
In both cases, Exness will send you security code through your selected method every time you attempt to login to your account.
4. Personal information
Once you’re done with the security settings, you’’ be asked to enter your personal information like name, residential address, phone number, and other personal details.
Your residential address will be verified therefore, it needs to be the same as the address stated in your verification document.
5. Choose the trading platform
Exness offers for MT4 and MT5 forex trading platforms for its clients. Therefore, you need to select any of the trading platform options you’ll be using in the future.
6. Choose your account type and leverage option
Select the type of account that fits you most based on your personal trading styles and requirements. We’ll discuss more on the Exness account types later in this article.
You’re also required to set your leverage limit. Exness offers leverages up to 1:2000 to its clients. Larger leverage enables you to trade in higher volumes but involves greater risks as well.
7. Set trading account passwords
Mostly, the passwords are auto-generated and provided by the brokers but Exness allows you to choose your own trading account password. You’ll be required to set both trading and investor passwords.
The trading password allows you to gain full access to your trading account including trade executions. The investor password only lets you observe the account activities but doesn’t allow tradings.
8. Verify your account
As an Exness account holder, you must verify your identity and address in order to gain full access to your trading account.
For identity verification, you need to send a scanned copy of your National ID, driving license, or passport. For address verification, you’re required to send a scanned copy of your bank statement or utility bill no more than 3 months old.
Once your account is fully verified, you’ll be notified immediately through your registered email.
9. Deposit funds & start trading
After the account verification, you’ll gain full access to your trading account. Choose your favorite method of payments from the nominated list of Exness payments and deposit funds to your trading account.
Once your account is successfully loaded with funds, you’re good to go for live trading.
Also Read: Exness Review
Which Exness Account fits best for me?
Exness offers multiple types of trading accounts with various customized features to meet all sorts of requirements from the traders:
1. Exness Standard Cent
Exness standard and standard cent accounts are designed especially for the newbie traders who like to test the live market with minimal risk involved.
The broker also offers great flexibility for cent accounts like $1 minimum deposit limit and unlimited leverages. Exness standard account offers leverage up to 1:2000.
The spreads start from 0.3 points for both Standard and Standard Cent accounts. These features help traders to participate in the global market with minimum investments.
Please note, except the cent accounts, all other Exness accounts allow Cryptocurrency trading.
2. Exness Raw Spread
The Raw Spread account is one of the latest addition from Exness. The most attractive feature of this account is its ultra-low spreads which start from 0.0. The minimum deposit for the Raw Spread account is $500.
This account includes a trading commission which is $3.5 per lot/side. If you’re a professional scalper or short-term trader then the Raw Spread account can be an ideal option for you.
3. Exness Zero
Exness Zero account has “no limit” on the number of opened positions. Besides, it is suitable to trade with Expert Advisors (EA). Exness officially announces 0 spreads for 95% of the trading on top 30 forex currency pairs.
The Zero account features are almost the same as the Raw Spread Accounts but Zero accounts can be a good match for those who focus on both scalping and intraday trading.
4. Exness Pro
Instant Execution, no trading commission, and excellent order fill are the top features of the Exness Pro account. The spreads start from only 0.1 points and quite competitive compared to other top brokers.
It supports both MT4 and MT5 trading platforms. If you’re using MT4 then you’ll enjoy unlimited leverage and for MT5, the maximum leverage is 1:2000.
Exness Pro account has been designed especially for experienced professionals who rely on long-term trading and bothers less on short-term market volatility.
5. Exness Demo Account
A demo account allows you to trade and practice in the real market without making an investment. Exness offers a demo account trading facility for both MT4 and MT5 platforms.
Moreover, you’ll have full access to the Exness asset list from where you can choose your favorite instrument to trade on.
Opening the Exness demo account is quite simple and doesn’t require any verification. For opening an Exness demo account, just click on “Open Extra Account” then select “Demo Account” and submit the registration form.
Once your demo account is created successfully, you’ll be notified immediately through your registered email and your Exness personal area notification.
Checkout: Deposit and Withdraw Funds in Exness
The account features provided by Exness are the result of its continuous research and its last 12 years of experience in the market as a financial broker.
Exness kept its account registration process pretty simple. Besides, you’ll be guided and assisted by its tremendous 24/7 customer service for any support.
Exness has classified its account in a way so that it can cover the needs of every trader including newbies to experienced professionals. Therefore, it’s your time to find your ideal Exness trading account.
I hope now you are able to open exness MT4 & MT5 account and if you have any comments then feel free to drop below on the comment box.