Exness Account Opening, Deposit and Withdrawal Method
Opening Account procedure of Exness
Before opening, any account makes sure to read and compare all of the account types so that you can decide which account to choose. Exness Offers 5 types of the account named as Standard, Standard Cent, Raw Spread, Pro, and Zero Spread. The same account type is available on both platforms MT4 and MT5.
Once you have checked and decided which account you want to open you are needed to follow the below steps to open the account:
1. Launch a blank browsing page and input the Exness website. Or click on the below button
2. Once the homepage loads, navigate to the top right corner and click on ‘New Account’.
3 . Select your Country of residence and fill in your email and choose a unique password that meets the specifications given.
4. Click on the check box to confirm you’re not a US citizen for tax purposes.
5. Click on ‘Continue’.
To become real trader, click on become real trader option and the next screen will be as follows:
6 . Fill in all the requested information such as personal details, verify yourself by providing a government id and an address proof then choose the platform you prefer to use.
7. Click on ‘Continue’ once you select the trading platform then you review the summary of your account.
8. Use the accepted methods to deposit money into your new trading account.
Though there are some countries from where Exness don’t accept clients, these countries are the USA, Malaysia, Saint Vincent, Russia, Vatican City, Israel, American Samoa, Baker Island, Guam, Howland Island, Kingman Reef, Northern Mariana Islands, Puerto Rico, Midway Islands, Wake Island, Palmyra Atoll, Jarvis Island, Johnston Atoll, Navassa Island. Apart from the mentioned countries, all other countries can trade using Exness.
Exness login
Login into the account with Exness is very simple, you just have to click on the sign-in option which is present on the top right side of the homepage. Once you click it, you just have to enter your registered mail id and password to login into your account and you are good to go.
Exness demo account
Exness also provides a demo account, with the help of which one can learn how to trade without losing any real money. This account type can be opened with all types of account types with them to know the functionality of the same.
Best account type
In my opinion, if you are a newbie and want to learn about this market with real money then the standard cent account type is best apart from that if you are a newbie and know how to trade then you can go with the standard account type.
Traders who are professional can go with any of the professional account types such as Pro, Raw Spread, or Zero Spread Account. The specialty of every professional account type differs.
Deposit and Withdrawal Options:
Exness offers a variety of methods to fund your account with. Along with that, there are no extra fees for funds deposition. The methods Exness offers for deposits are shown below:
Even, though they have introduced the feature of UPI as well which is currently the most trending way to transfer funds. While using this broker even I used the UPI platform to deposit my funds. It is simple to do so and once the transaction is complete the funds are instantly credited to your account. Moreover, the broker doesn’t charge any fees on deposits as well as withdrawals.
The same goes with withdrawal methods, Exness offers a variety of options to withdraw your funds. Let’s have a look at the withdrawal options below:
But remember one thing while depositing and withdrawing funds, use the same platform always to remove discrepancies otherwise you might face issues, for me as I have deposited funds using UPI so for withdrawing funds, I must opt for bank transfer so that the funds are directly transferred to my bank account. But one thing which I find is a lack point with this broker is that once you place a withdrawal request your funds will take 24 to 48 hours to credit back to your account which is a lot of time, meaning in the urgency of the funds you might not be able to get funds in instant.
As compared to other broker, the swap values Exness broker has is quite less which automatically makes the broker to be more efficient and useful.
How long does Exness Withdrawal Take?
The answer is quite simple, the funds are back in your account within 24 to 48 hours. Well, mine always were back within 24 hours. But the maximum time frame given by them is 1 to 14 days.
Deposit fees
As I have mentioned earlier as well, Exness doesn’t charge any deposit and withdrawal fees.
Conclusion
In this article, we learned how to open an account with Exness broker. What steps to follow in order to open an account with them. We also learned how to login into your Exness account. What is the Exness Demo account and which account type is best suitable for beginners and which is good for professionals?
We also have learnt about the deposit and withdrawal procedures in detail and which method did I find the best out of all, along with that Exness broker doesn’t charge any kind of fees on deposit and withdrawal.