Exness Minimum Deposit: Everything You Need to Know
Trading CFD involves risks
Make a deposit ExnessArticle created:
15.07.2024What is the minimum deposit at Exness?
Exness broker offers different variations of deposit as well as different minimum deposit amounts. Based on the account type and deposit type you will have options as below.
Exness Minimum deposit depending on the funding method
There are total of 8 different payment methods in Exness, those are
- Bank card with processing time Instant to 30 minutes
- Binance pay with processing time Instant to 30 minutes
- Neteller transfer with processing time Instant to 30 minutes
- Perfect Money with processing time Instant to 30 minutes
- SticPay with processing time Instant to 30 minutes
- Tether (USDT ERC20) with processing time Instant to 1 day
- Tether (USDT TRC20) with processing time Instant to 1 day
- USD Coin (USDC ERC20) with processing time to Instant to 1 day
If you use cryptocurrency methods, payments might take longer than 30 minutes, with other payment methods it will be between zero to half an hour.
Trading CFD involves risks
Select deposit method ExnessExness Minimum deposit depending on the account type
For basic accounts with all funding methods you have to deposit a minimum of 10 US dollars.
There are, however, professional accounts such as: Pro, Zero and Raw spread accounts with a minimum deposit of 200 US dollars.
Keep in mind that all the four account types are eligible for forex, commodities, cryptocurrencies, stocks and indices.
Exness Minimum deposit depending on account verification
There are three levels of exness verification
Level one: Without any verification. In this level you have to provide at least basic documents in order to proceed for deposit
Level two: Verification without proof of address: This is a restricted level where you might have to use money transfer services such as Neteller or SticPay but you cannot directly deposit from your bank account.
Level three: After you provide your identity and proof of address you are basically free. Now you can use all types of deposit methods in Exness.
Trading CFD involves risks
Verify for deposit ExnessHow to make the minimum deposit at Exness?
- Based on the method you chose, you have to enter the amount of US dollars you are willing to invest, trade or simply deposit then proceed with your bank card information. Why is this simple? Because you can also withdraw your earnings and profits after successful trading into the same bank account easily.
- With money transfer services you have to visit their website, register, provide documents then transfer money to your exness account.
- Last method can be with crypto payment as Exness has Tether and USDC transfer options. For all these the idea is same. You have a unique address in your Exness account.
For example: You want to send 10 Tether to your Exness account. Exness provides you automatically a Tether address such as: bc*****************************************ue3k8q (Warning: this is not a real address do not use, send or try to receive money)
All you have to do is copy paste the address then send the amount from your crypto wallet (where you have money in the beginning)
Advantages and disadvantages of the minimum deposit at Exness
Exness minimum deposit provides simplicity using 10 US dollars to millions of dollars. Not all the brokers can have easy access to bank account transfer as well as transfer. Exness has Tether (USDT) with TRC20 ( tron network) money transfer. This method is considered the best and safest way to send / receive money using your wallets.
One disadvantage can be: There are many more money transfer companies such as PayPal. Exness does not support Paypal money transfer system.
Exness minimum deposit in India
Exness India has the same legit rules as described above. You can start with 10 dollars.
Conclusion Exness minimum deposit
Exness minimum deposit has 8 different ways and for a basic account you can start with 10 dollars to your trading journey. Being able to start with 10 dollars gives Exness a reliable title as a broker who does not want to earn your money but give people a chance in the world of trading.
Trading CFD involves risks
Make first deposit Exness
Frequently Asked Questions about the minimum deposit at Exness
Are there any processing fees?
Exness does not charge you with extra fees for basic accounts. For professional accounts (zero and raw spread) you will have to pay commissions From $0.05 each side per lot and Up to $3.50 each side per lot for zero and raw spread accounts respectively.
What trading account types are available?
There are 5 types of trading accounts, divided into Standard and Professional categories. These accounts cater to different trading styles. There are also demo accounts that let you practice trading without using real money, but these aren’t available for Standard Cent accounts.
Processing times
Processing times depend on the payment method. The times listed in the PA show the average and maximum processing durations. Usually, deposits take the average time, but they can sometimes take up to the maximum time shown.