Exness account verification – it is important
Trading CFD involves risks
Verification Exness accountConfirmation of your Exness account is essential to guarantee the safety of the traders’ finances. To be verified, you need to bring with you the documents that will validate your identification. Why do I need to verify my account?
Article updated:
30.05.2024Why do I need to verify my account?
Account verification is mandatory for live trade with “Exness” (registration is not required to use a demo account). Verification helps to assure that you are the real owner of the Personal Area and that you are applying your real data. This is necessary to conform to international and local regulation compliance agencies and laws.
Some of the reasons why account authentication is needed is to safeguard against fraud and illegal access (in case your data could fall into the hands of attackers). Exness can check the data sent during the authentication procedure against the data used by fraudsters.
Confirming your identity and residence helps to ensure that only you have access to your trading account.
It is worth mentioning that account confirmation helps Exness to quickly process your financial transactions (e.g. deposit or withdrawn).
How do I confirm my account and what data is required?
In order to complete the confirmation process, you need to follow simple steps:
1. You need to Sign in or create an account with Personal Area Exness
2. Go to Profile Settings (use the image as a guide). You will be given 3 steps to check
Personal data
Your Email
Current phone number
Real Name
You will receive a deposit limit of 2000 USD
Identity document
Choose a document that proves your real name (such as a passport or driver’s license).
You will receive a deposit limit of 10000 USD
Document confirming the place of residence
Documents that can prove that you live at the given address (such as utility bills with your name on them).
Deposit limit – Unlimited
Perform all 3 steps starting from the first one and your trading account will be verified and you can use all the advantages of the Exness trading platform.
❗️You will be able to pass one stage of verification to start trading, but be prepared that when requesting a withdrawal Exness will ask a lot of questions to make sure that you are not a scammer ❗️
At the first stage:
You will receive a letter with a code to the e-mail address you provided during registration and you will need to enter the code in the confirmation window.
Specify your real phone number and there will come a sms message with the code that you need to enter
And specify your real name, which you will be able to confirm with documents.
In the second stage:
Choose a document with your real name and surname (it can be a passport or a driver’s license) and take a photo and upload it to the special form (as on the image). After uploading the documents, click the “Submit for Verification” button.
On the third stage:
Select a document that can confirm the address of residence (it can be a utility bill or registration) and upload its photo in a special form. After uploading the documents, click the “Send for verification” button.
❗️ Verification of documents of the second and third stage can take from several hours to several days. You can see the verification status in your profile settings. ❗️
Trading CFD involves risks
Verification and start tradingTips for successful verification
To make verification go faster, use these tips:
- Make sure that all documents are clear and legible (Take photos or scan documents in good quality).
- All documents provided must be current (Utility bills or bank statements must not be older than 3 months).
- Make sure all required fields are filled out correctly and completely.
Documents required for verification
You will need the following documents to verify your Exness account:
- Proof of identity: Passport, driver’s license or national ID card.
- Proof of residence: Utility bill, bank statement or any other document containing your name and address.
Frequently Asked Questions (FAQ)
Can I trade on Exness without verification?
You can open an account and start trading, but verification is required to withdraw funds.
What documents are required for verification?
Passport or driver’s license to verify your identity and a utility bill or bank statement to verify your address.
How long does verification take?
Verification usually takes between a few hours and 24 hours, but may take longer during busy periods.
What should I do if my documents are not verified?
Make sure your documents are clear and up to date. If the problem persists, contact Exness support for assistance.