How to Start Forex Trading with Exness? A Step-by-Step Guide for Beginners

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2022/12/28 33 0

Setting up a forex account with Exness is simple, safe, and easy. Just follow our handy guide.

Step 1: Select an account

Every trader has different needs and financial aspirations. This is why we offer a range of accounts to provide you with the solutions you need, no matter what your level of experience or budget.

Not sure which type of trading account suits you? Here is a snapshot of our different account types:

Cent Account

The perfect solution for experienced traders who want to test trading strategies or for new traders working with smaller budgets.

Leverage: Up To 1:Unlimited
Minimum Deposit: USD 1
Spread: From 0.3 Points
Commission On Trading: None

Mini Account

Roughly 50 percent of our clients use Exness Mini accounts — and for good reason. A great choice for new traders and experienced traders working with medium-sized budgets.

Leverage: Up To 1:Unlimited
Minimum Deposit: USD 1
Spread: From 0.3 Points
Commission On Trading: None

Classic Account

Designed for experienced traders looking to make big trades while minimizing transaction costs.

Leverage: Up To 1:Unlimited
Minimum Deposit: USD 2,000
Spread: From 0.1 Points
Commission On Trading: None

ECN Account

Designed for experienced traders who want direct access to the interbank.

Leverage: Up To 1:200
Minimum Deposit: USD 300
Spread: From 0.1 Points
Commission On Trading: USD 25 Per Million

Step 2: Verify your account

Identity and residential verifications are requirements that add security to Exness forex accounts. This helps to ensure that accounts are opened by real users and helps us prevent fraud.

To verify your account, simply submit a high resolution photo of your passport details and a photo of your recent utility bill.

Step 3: Make a deposit

Making a deposit is easy. Need help? Heres a step-by-step guide:

Select your preferred payment solution.
Select Deposit in your Personal Area.
Confirm your preferred payment solution.
Enter the amount you wish to deposit. Depending on the account type, deposit can be as low as USD 1!

Step 4: Choose trading platform

MetaTrader 4

Equipped with a full range of instruments such as timeframes and indicators, MetaTrader 4 is the preferred platform of professional forex traders.

Full range of instruments
Allows for use of indicators, EAs, scripts, and signals
Full access to journals and logs
Customizable price charts
Nine chart timeframes

WebTerminal

Skip the downloads and installations. Simply sign in to Exness WebTerminal with your existing account credentials and start trading!

Basic analytical objects
All trading operations
Customizable price charts
Nine chart timeframes

Mobile MT4 (Android iOS)

Trade on the go anywhere you have an internet connection. Simply download and sign into the MT4 mobile app!

Real-time quotes of financial instruments
Full set of trade orders, including pending orders
Trade from the chart available on the MetaTrader 4 for iPad
All types of trade execution
Complete trading history

Step 5: Start trading!

Time to put your trading strategy into action! Don’t forget that all Exness clients can take advantage of our free webinars, trading tools, and market insights.

Economic Calendar
Be in the know. Watch out for events and highlights that affect the market.
Web TV
Watch Trading Central Web TV and get financial news and technical analysis for free!
Daily Market Analysis
Receive timely market news and insights to better predict changes and choose appropriate trading strategies.
Webinars
Join our expert traders in these free webinars to gain knowledge, skills, and tips on forex trading.

Ready to begin? Start trading under some of the best conditions on the market with Exness.

About Exness

Exness Limited is an international, award-winning retail forex broker founded in 2008. With a deep understanding of traders’ needs, the forex company provides accessible, stable, and reliable brokerage services through the use of modern trading and investment technologies.

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