Are you a new trader thinking about opening a brokerage account at Exness Broker, but not sure how to start?
Opening a brokerage account might seem challenging, but do not worry, we got you covered. In this article, we will show you step by step on how to open an account with the Exness Broker.
Opening an account with Exness Broker, step by step
First, go to the Exness broker website by clicking here. You should be able to see a page like the following (figure 1). It might vary based on the country you are accessing the website from.
Next, click on the Register Account button in the top right corner of the page, as shown in the figure below (figure 2).
You should be taken to a page that is similar to that of the figure below (figure 3). Here, sign up for an account. You can sign up with Google as well.
After registering for an account, you might be taken into the Exness web trader as follows (figure 4). But we recommend you to sign in to your account. (figure 5 & 6).
After signing in, you should see a page like the following (figure 7). Here you need to click on the complete profile button and fill the details to start making your first deposit. The verification includes 3 steps, which are:
- Confirming email and phone number.
- Verifying your identity.
- Verifying your residential address.
What account type to choose with Exness Broker?
The Exness broker provides traders with five distinct account types for live trading: Standard, Standard Cent, Pro, Zero, and Raw Spread. The Standard and Pro accounts are no commission accounts that are suitable for traders who hold positions for longer, like swing traders. Conversely, the Zero and Raw Spread accounts are low spread accounts that are specifically designed for scalpers or high frequency traders.
Another important factor you should consider is the minimum deposit requirement. The Standard and Standard Cent accounts are entry-level options, requiring a minimum deposit of only $10. In contrast, the other account types, namely the Pro, Zero, and Raw Spread accounts, require a higher minimum deposit of $200. Therefore, if you are a beginner or prefer to start with less capital, a lower-deposit option like the Standard or Standard Cent account will be more suitable for you.
How to add a trading account
To add a trading account first go to my accounts page and click on the open account button as shown in figure 8.
After clicking on the open account button, you should see the following page.
Here, select the account type you prefer. For this tutorial we will select the zero account. And then click on the continue button.
After clicking on the continue button you will be taken to the “Setup your account page”. Here select if you want to create a real account or a demo account. For this tutorial we will create a real account. For that click on the real account tab as shown in figure 11.
Here you have to select 5 things. Which are,
- Currency
- Account Nickname
- Max Leverage
- Your preferred trading platform
- Password for your acccount
It is important to note that the Exness broker provides a maximum leverage of more than 1:2000, depending on the country you are trading from. In some countries, you may not be able to get high leverage due to financial regulations specific to that jurisdiction.
For this tutorial we are going to keep everything as it is.
Then click on the create account button to create your account as shown in figure 12.
After you click on the create account button, your account will be added to the my accounts page as shown in figure 13.
Funding Your Account
To fund your account click on the deposit button as shown in figure 14.
Here you can choose the deposit method. Make sure you have your account verified before depositing.
The Exness broker provides a range of deposit methods, these include Credit/Debit cards, e-wallets, bank transfers, and cryptocurrencies. It is important to note that the availability of the deposit methods depends on the country you are trading from.
Conclusion
In this article, we took you step by step through the account creation process with the Exness broker. As seen, creating an account with the Exness Broker is a simple process.
