How to open Forex trading account with Exness? Table of Contents

What kind of company is Exness?

Exness Group is a broker.

Acts as a broker as an institution or company that buys and sells financial assets.

Exness brokers forex trading and CFDs as well as trading of various financial products.

The role of traditional stockbrokers is centrally located and intermediary between investors and stock exchanges, such as the New York Stock Exchange (NYSE) or the London Stock Exchange (LSE).

On the other hand, Exness offers only CFDs (or difference trading) products for the various products it offers, so it operates differently from traditional stock brokers.

In addition to executing trades on your behalf, brokers must provide market research, services, and market conditions, which can be the criterion that distinguishes good brokers from good brokers.

Routine task execution is of course important, but competitive trading conditions can also be an attractive advantage.

For example, unlimited leverage and spread types could be these conditions.

Go to EXNESS Official Website

Is Exness regulated and licensed?

Brokers must be strictly regulated and licensed to operate.

Exness is regulated and licensed by organizations such as the Financial Supervisory Service (FSA), the Cyprus Securities and Exchange Commission (CySEC), and the British Financial Supervisory Service (FCA).

We recommend reading the Exness regulatory details to find out how comprehensively Exness is regulated.

One of the important qualities of a broker is transparency.

Exness is committed to transparency and periodically publishes financial audit reports.

Exness is one of the world’s four largest auditors and is audited by Deloitte, an independent accounting firm, so Exness can guarantee its accuracy, and Exness has partnerships with other independent auditors depending on financial audit requirements (geographic location, regulations, etc.).

We will guide you through opening and operating an Exness account in 5 easy steps. So let’s get started.

An Exness account can be registered on the homepage in just a few minutes with a really easy and fast process.

  1. Go to EXNESS Official Website;
  2. Register and open an account;
  3. Verify your profile;
  4. Make your first deposit;
  5. Learn how to use the trading terminal program and start trading.

You can register for Exness anytime you want, on weekdays and on weekends. You can open an account right now!
If you have registered a new client area, we recommend that you verify your account. Please click this link to continue authentication.

All Exness-related questions can be answered in Exness’s help center. We recommend visiting and checking out whenever you have a question.

Open EXNESS Account for free

How to open Exness’s Trading account?

In the new client area, a real trading account and a mock trading account (both MT5 accounts) are opened by default, but you can also open a new trading account.

Here’s how:

  1. In the “My Account” area of ​​the new personal information area, click Open New Account.
  2. Select the types of trading accounts you can open and choose between real or simulated accounts.
  3. On the next screen, the following settings appear.
    • Once again, you can choose a real or simulated account.
    • The trading terminal program can be selected between MT4 and MT5.
    • Set the maximum leverage.
    • Select the account currency (cannot be changed once this trading account has been set up).
    • Create a nickname for this trading account.
    • Set your trading account password.
    • When you are done, click Open New Account.
  4. Your new trading account will appear in the Account tab.

Congratulations. You have opened a new trading account.

Which Exness’s account type is the Best?

Go to EXNESS Account Opening Page

What information is required by Exness?

If this is your first time opening an account, all you need is your current email address and a mobile phone number that can be received in your country*.

When you log in to the private area, you can step-by-step through the requirements to complete profile verification. Certification requirements are as follows:

  • Economy profile certification;
  • Submit proof of identity documents;
  • Submit proof of residence (POR)

Exness does not allow citizens or residents of certain countries, including the United States.

Contact EXNESS Support Team

What should you do after registration?

You just signed up for Exness. What to do now? do not worry. We have prepared a quick guide to the next procedure.

After registration, the steps are as follows:

1. Phone number verification

If this is your first time logging in to the client area, we recommend that you follow the prompts to enter and verify your phone number. Since many tasks require authentication and phone numbers are a high-security type, this step is essential for account security.

Note: You cannot select a country code at this stage. When registering, the country of residence you selected is automatically selected, so please select the correct country.

You can manage phone numbers at any time in the future, and you can add phone numbers.

Go to EXNESS Official Website

2. Opening of demo/real account

In the new client area, there are already created real and mock accounts by default. However, it is advisable to familiarize yourself with the process of opening a new trading account.

Click the Open New Account icon in the ‘My Account’ tab and you will see all the trading account types (mock/real) that can be opened in both MT4 and MT5.

Depending on the type of account you wish to open, you may have the documentation you need, so we recommend reading the documentation on account types here before making your choice.

Open EXNESS Demo or Real Account

3. Exness Platform download

In order to trade with the trading account you have opened, you must use the trading terminal program on the platform of your choice.

The terminal programs and platforms that can be used are as follows.

  • MT4: for Windows and Linux
  • MT5: for Windows and Linux
  • Mobile MT4: for iOS
  • Mobile MT4: for Android
  • Mobile MT5: for iOS
  • Mobile MT5: for Android
  • Exness Trader: Android, iOS
  • Web terminal program (recommended for Mac users)
  • Exness terminal program: direct access to personal information area

Download Exness platforms

4. Status and residence verification

It is very important that your client area is fully authenticated. This is because restrictions apply to accounts that are not fully authenticated.

Certification includes the submission of proof of identity (POI), proof of residency (POR) documents, creating an economic profile, and a short survey of your trading experience.

Our customer support team is on standby to verify your documents within 24 hours.

Open EXNESS Real or Demo Account

How to deposit funds to Exness?

Exness offers a variety of payment methods to make trading easier. So, what do you need to consider when making your first deposit?

Please note that Exness only accepts payments in accounts in the name of the customer. Payment by third parties is not permitted.

When making your first deposit, you should choose the easiest payment method you use most often. Here are some tips for making the right choice.

If the deposit currency is different from the account currency: If the deposit currency is different from the trading account currency, the deposit amount will be converted to the account currency according to the current exchange rate before funds are deposited into the account. If your deposit is subject to conversion, you can check the applied conversion rate on the payment confirmation page.

You can avoid currency conversion by depositing funds in the same currency as your account currency. For example, if your account currency is USD, you must deposit in USD to avoid conversion.

Tip: Check the deposit currency provided by the payment system you want to use. Exness supports deposits using various local payment systems, so you can deposit in the currency of your country. Depositing in your country’s currency can reduce unnecessary currency exchange costs. Find out which payment systems are supported in your country on the Deposit tab in the client area.

Deposit processing speed: Most payment methods offered by Exness support instant deposits. Use it to request a deposit and your funds will be immediately deposited into your trading account. If you use other payment methods, it may take from 24 hours to 3-5 business days, depending on each payment method.

You can check the processing time of each payment method in Personal Information Management.

Most fees do not apply when depositing into your Exness trading account. However, some payment methods have a minimum deposit amount, and if this is not met, a deposit fee by a third party will apply. Please check if there is a deposit fee by a third party before making your first deposit.

Log in to EXNESS Client Portal

Required Deposit Amount for Exness

Once you’ve chosen your payment method, it’s time to decide your deposit amount. Here are some things to consider:

Minimum deposit requirements by account type:
Certain account types at Exness require a minimum deposit amount. The minimum deposit amount can be found here.
Minimum deposit requirement for selected payment method:
Some payment methods require a minimum deposit amount. Please check here for details posted on the website. If you try to deposit less than what your payment method allows, you’ll see an error in the client area.
Leverage and trading contract balance:
Since the trading contract balance of the opened trading is calculated based on the selected leverage, it is recommended to check whether the deposit amount is sufficient to open trading based on the currently set leverage. The balance of the trading contract can be calculated using the Trader Calculator. Click here to learn more about contract balances and leverage.

For details of the payment methods available and to visit Exness’s library of tutorial videos, please refer to the Payments section of the Help Center.

Did you encounter any problems when depositing funds? Check out the troubleshooting guide.

Go to EXNESS Official Website

Exness’s MT4 and MT5 trading platforms

To start trading forex on Exness, you need to use MetaTrader 4 (MT4) or MetaTrader 5 (MT5), the most popular forex trading platform on the market.

There are many questions about the difference between MT4 and MT5. Basically, all the main functions are the same, but if you want to see the difference in detail, please refer to the terminal program section of the Help Center.

Please note: If you open an MT4 account, you cannot use MT5 as your MT4 account number, and vice versa. If you want an account on both MT4 and MT5, you need to open a separate trading account on the platform.

Download EXNESS MT4 and MT5

1. Exness terminal program and WebTerminal

If you want to trade in your own browser, use the Exness terminal program. This is a customized browser-based MT5 terminal program. It can be used without download or installation and is easily accessible in the Exness client area. Unfortunately, the Exness terminal program only supports MT5 accounts, so if you are looking for an MT4 account to trade in your browser, MetaTrader WebTerminal may also be an option. Both Exness terminal program and MetaTrader WebTerminal provide basic functions for efficient trading.

Visit EXNESS Official Website

2. MetaTrader mobile terminal program

The MetaTrader mobile platform is designed for convenient trading on the go, all you need is an internet connection and an MT4 or MT5 mobile app. Go to the App Store or Google Play to download the app to your mobile device.

The user guide for the MT4 and MT5 mobile versions can be found in the terminal program section of the Help Center.

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3. Exness Trader Mobile Terminal Program

Exness proudly presents a mobile app that is full of features that go beyond ordinary mobile trading terminal programs. In addition to managing your Exness account and security, you can trade on the go, check out technical analysis and economic news. We recommend the Exness Trader App, a lightweight, and comprehensive forex trading terminal program.

Download EXNESS mobile app

Exness PC terminal

The MetaTrader PC terminal can be downloaded to your PC or laptop. One of the benefits of using the desktop platform is that you have access to a much broader range of trading tools, including custom systems trading (EA) and analytics tools.

Exness offers both MT4 and MT5 desktop version platforms. For more information on the PC terminal, please refer to the terminal program section.

To start trading right away, Exness recommends using a custom MT5 based Exness terminal program that is as secure as other terminal programs but does not require installation.

(Only available for MT5 account)

Visit EXNESS Official Website

How to start trading on Exness’s platforms?

Congratulations. You have reached stage 5! I made my first deposit and set up a trading terminal. Now all that’s left is to open your first trading.

Do you have a favorite trader code (e.g. EURUSD) that you would like to trade? Follow these steps to customize the list of trading stock codes in the quote window of your WebTerminal or PC terminal.

  1. Right-click anywhere in the Market Trends window.
  2. Click on the trading instrument code and then select the trading instrument group you want to check.
  3. Select a trading instrument and click Show (or Show All to add all available instruments) and close the window.

The selected trading instrument is now displayed in the Comprehensive Quotes window. To see a chart of the added trading instrument code, simply drag it into the chart window.

Margin (trading contract balance) is the amount held to open and maintain leveraged trading positions. To start trading, always make sure you have enough balance in your account.

Use the trader’s calculator to calculate the margin required to open a position.

Learn How to Trade on EXNESS

Placing an order on Exness’s platform

Before you open your first trade, find out when financial markets around the world open and close, and when you can trade.

To trade on PC Terminal Program or WebTerminal, do the following:

  1. Right-click anywhere on the Trade tab and choose New Order.
  2. Complete the following required fields.
    • Item: Select a trading instrument from the drop-down list. This list displays the stocks added to the comprehensive price window.
    • Order Type: Select either Market Run or Limit Order. Pro accounts also offer immediate execution.
    • Volume: Enter the lot size of the order (the desired trading volume). The minimum and maximum lot sizes depend on the account type. Click here to learn more.
    • Trading Type: Choose Buy or Sell according to your needs.

You can track the transaction progress in the terminal window.

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Closing an order on Exness’s platform

There are two ways to close trading opened on PC Terminal Program or WebTerminal.

  • Click the X in open trade at the far right of the Trade tab.
  • In the Trade tab, right-click open trade and click Close Order.

Please note: Trading is not automatically liquidated unless a limit order or stop-out has occurred.

The above is the case where the trading cannot be liquidated. Click on the following link to learn more about why you can’t close your trading.

That’s all! So far, you have learned how to open forex trading on MT4 or MT5. For more information on how to use the trading terminal program, please refer to the terminal program section.

Go to EXNESS Official Website