Types of Exness trading accounts in India

In this article, we will look at all types of trading accounts that Exness offers. Find out which account is right for you, whether you are a beginner or a professional trader, learn the terms and features of each account type to help you make your choice.

Go to the desired section

1. All about Exness trading accounts
2. Exness terms and conditions for all accounts
3. Types of Exness trading accounts and their terms and conditions
4. Exness Standard Account (Standard)
5. Exness Standard cent account
6. Exness Raw Spread Account
7. Exness Account Zero
8. Exness Professional Account (Pro)
9. Which type of Exness trading account is right for you
10. Frequently asked questions about Exness trading accounts

All about Exness trading accounts

Exness trading accounts are a tool that allows traders to trade on the broker’s online platforms. Depending on the broker and its terms and conditions, it is possible to create different types of accounts and on different platforms, for example, Exness has the possibility to open trading accounts on MT4 and MT5. Exness offers a selection of trading accounts for traders with different levels of experience and goals. You can choose an account that suits your needs and strategies.
At this stage, Exness has two main types of accounts: live and demo accounts.
Below are the types of trading accounts that Exness has.

All types of Exness trading accounts

Exness has developed several convenient and practical accounts that can be used by all users of the broker’s online platform. For example, there are accounts that are popular with beginners – the standard account and the standard cent account, and for experienced traders there are Zero accounts, Raw Spread and Pro accounts. 
Go to the “Types of Trading Accounts” section to read more.

Accounts on MT4 and MT5 platforms

When developing trading accounts, Exness was based on popular trading platforms – MetaTrader 4 and MetaTrader 5, and therefore almost all accounts can be opened on these platforms for comfortable use of customized accounts on convenient and reliable platforms.

Trading on Exness Web Trading is carried out on the MetaTrader 5 platform.

Real and demo accounts

Exness offers real and demo accounts. Demo accounts are suitable for beginners who want to try out strategies without risk of loss. Real accounts allow you to trade on the real market using real money.

Trading accounts archive

All trading accounts can be placed in the archive section, which can be returned (activated) at any time and can be used further.
Accounts intended for real trading will not be deleted unlike archived demo accounts – they can be deleted due to long term inactivity.

Exness main terms and conditions for all accounts

All Exness accounts have common conditions: possibility to use different deposit and withdrawal methods, 24/7 customer support and access to a wide range of trading instruments. The maximum number of trading accounts that are available for opening regardless of the trading account is limited to 100 accounts per platform (MT4 and MT5) and 100 accounts per platform are available in demo account (except Standard Cent, where only 10 trading accounts are available).

For trading accounts, there is also a limit on the maximum number of open orders (time is taken into account according to Greenwich Mean Time): 200 from 7:00 to 20:59, and 60 from 21 to 6:59. Take this into account when developing a trading strategy.

Types of Exness trading accounts and their terms and conditions

In order to figure out which trading account would be ideal for a particular strategy, you need to know their terms and conditions. Let’s take a look at the types of trading accounts and their terms and conditions:

Exness Standard Account (Standard)

A standard account, as the name suggests, is a regular account used by most traders who only want to trade and do not read the terms and conditions. It is popular for many reasons, the most important of which are:

• Availability of all instruments.
• No commissions.
• No minimum deposit (you can trade from 1 US dollar).
• No repeated quotes (Re-Quote).

Details of the standard account:

• There are no minimum deposit requirements (depends only on the deposit method).
• If the conditions are met, you can get unlimited leverage.
• As described above – no requotes.
• Can be used on all trading platforms (MT4 and MT5).
• Spreads start from 0.02.
• Margin requirements are equal to 60%.
• The number of orders is limited to 1000 (except MT5 where there are no restrictions).
• 1\100 lot is the minimum for opening an order.
• You can trade on: Forex, Cryptocurrencies, Commodities, Indices, Stocks.

Standard cent account

The second most popular account is the cent account (also called Micro Account). It is in demand for two reasons, it is financially safe for beginners and ideal for testing new trading strategies.
It is popular for many reasons, the important ones being:

• No commissions.
• Market principles of execution.
• No minimum deposit (you can start with 1 US dollar).
• Minimum risk.

There are a few disadvantages to a cent account as well:

• Not available on demo account.
• Maximum number of orders is not more than 200.
• Limited number of assets available.
• Not available in some countries.

Cents account details:

• There are no minimum deposit requirements (depends only on the deposit method).
• Unlimited leverage can be obtained if the conditions are met.
• Spreads start from 0.3.
• Margin requirements are equal to 60%.
• The number of orders is limited to 1000 (all types are included).
• Order level starts from 0.01 cents.

Raw Spread Account

Raw Spread account is popular among experienced traders who want stable and very low spreads. The popularity of Raw Spread account among experienced traders is due to the fact that the conditions that cannot be offered by a standard account:

• Spreads are among the lowest in the market.
• Fixed commission per trading lot.
• No restrictions on the number of positions.
• No requotes.

There are a few disadvantages to Raw Spread accounts as well:

• High threshold for use (due to high minimum deposit of 200$).
• Commission per lot in each direction.

Raw Spread Account details:

• Minimum deposit from $200.
• If the conditions are met, you can get unlimited leverage.
• No requotes.
• Can be used on all trading platforms (MT4 and MT5).
• Zero spread starts from 0.0 pips.
• Margin requirements are equal to 30%.
• There is a commission from 0 to 3.50 USD (USD/lot per side).
• The number of orders is limited to 1000 (except MT5 where there is no limit).
• 1\100 lot is the minimum for opening an order.
• You can trade on: Forex, Cryptocurrencies, Commodities, Indices, Stocks.

Account Zero

The Zero account for experienced traders has a zero spread for a limited number of assets during 95% of the day (usually trading instruments are quite large and there are at least 30 of them). For other assets, zero spread is offered for half of the trading period (with certain conditions). Using Zero in Exness has a number of advantages that may be attractive to traders:

• No restrictions on opening orders.
• Practice of using Expert Advisors.
• Low commission per trading lot (starts from 5% of $1).

There are a few disadvantages to Zero account as well:

• High threshold for use (due to high minimum deposit of 200$).
• Commission is applied to the trading volume in each direction.
• Possible requotes.

Zero Account details:

• Minimum deposit from $200.
• You can get unlimited leverage if the conditions are met.
• Mostly market execution.
• Can be used on all trading platforms (MT4 and MT5).
• Zero spread for the 30 largest instruments 95% of the day.
• Margin requirements are equal to 30%.
• There is a commission from 0.05 USD per lot.
• The number of orders is limited to 1000.
• 1\100 lots is the minimum to open an order.
• You can trade on: Forex, Cryptocurrencies, Commodities, Indices, Stocks.

Professional Account (Pro)

An account that is designed for the “Sharks” of trading (experts in trading) is called a Professional Account (Pro). This account is popular because of its versatility in the possibility of applying the style of trading. The main advantages that look attractive are:

• Possibility to choose market or instant execution.
• No restrictions on opening orders.
• No commissions.
• Low spreads starting from 1/10.

Professional Account details:

• Minimum deposit starts from $200
• If the conditions are met, you can get unlimited leverage.
• Can be used on all trading platforms (MT4 and MT5).
• No commissions.
• Low spreads start from 1/10.
• Margin requirements are equal to 30%.
• There is a commission from 0.05 USD per lot.
• The number of orders is limited to 1000 (except MT5 where there are no limits).
• 1\100 lot is the minimum for opening an order.
• You can trade on: Forex, Cryptocurrencies, Commodities, Indices, Stocks.

Which type of Exness trading account is right for you

You have studied all the terms and conditions and could not understand whether a trading account is suitable for you with a certain level of experience, let’s analyze which trading accounts can bring the most confidence in trading:

Exness trading account type for a beginner

If you are just starting your way in the world of trading and want to make your first trade, you should pay attention to Exness Standard Cent Account (it is also called Exness Micro Account). This trading account has minimal risks due to minimal investments and minimal trading volumes. This type of account can help you gain the necessary experience that may not be enough to trade other accounts.

Exness trading account type for the experienced

If you already have some knowledge and experience (for example, you have been trading on a cent account) then the next step is to try Exness Standard Account – it has excellent conditions for expanding your trading experience – and importantly, it has no commissions and no minimum deposit.

If you want to try another account with enough experience, you can pay attention to the Exness Raw Spread Account – it is in between the standard and expert accounts. Try it with small trades and gain experience.

Exness trading account type for professional

Traders who have a lot of experience and are considered experts in trading can use Exness Pro Account and Exness Zero Account. These two trading accounts designed for experts have minimal costs with maximum opportunities. Among brokers Exness can offer some of the most competitive conditions.

Frequently asked questions about Exness trading accounts

How to change account type in exness?

If you want to change your account in Exness you just need to open a new trading account. If you want to change a standard trading account to a Muslim account – read the instructions (or contact the helpdesk).

My trading account is missing, what should I do?

If you haven’t used your Exness trading account for a long time – it may have been archived. You can go to the archive accounts section and restore it. If you lost a demo account and it is not in the archive – it means it was deleted (demo accounts can be deleted from the archive due to inactivity), you will have to open a new demo trading account.

Will my real account be deleted from the archive?

If your live trading account has been added to the archive – it will not be deleted. If you have a balance left there and you want to move it, you will have to activate a trading account from the archive in order to transfer the balance to another trading account.