Does Exness Require a Minimum Deposit For Standard Account?
A standard account at Exness does not require a minimum deposit to start trading. It can hold as much as 50,000 USD. All you need to open an account is a credit card or bank account. This broker also accepts regulated money from a variety of sources. However, you must know that this broker does not accept unregulated money.
Exness is a regulated broker.
To open a standard account with Exness, the trader must provide proof of their identity. This document must have been issued in the account holder’s name within the last six months and contain the full name, residential address, issuing authority, and issue date. After the account has been verified, the trader can deposit up to 50,000 USD. The account will be closed after 30 days. Deposits and withdrawals are processed instantly, but some funding methods have service fees.
Exness offers a wide variety of deposit and withdrawal options. It accepts Neteller, Skrill, Perfect Money, and credit/debit cards. The firm also offers trading accounts in currencies, including USD and EUR.
It offers a wide range of account types.
To get started with Exness, you’ll need to create an account. This will be located in the ‘My Accounts’ tab. After creating an account, you’ll need to verify your identity. You’ll need to provide a valid ID and a few documents. These documents may include a scan of your passport or proof of residence. You can check what documents are required by account type by visiting the website.
You can open several account types with Exness, each with unique features. Standard accounts, for instance, are recommended for beginners and include tools for technical and fundamental analysis. You can practice your trading skills with this account type, but advanced features are also available for more advanced traders.
It accepts money from reliable sources.
Exness accepts money from many sources, including bank transfers and e-wallets. In addition, it addition, it offers a variety of payment methods, including Visa, Skrill, MasterCard, and Bitcoin. You can use any of these methods to deposit and withdraw funds. However, in some cases, deposit and withdrawal processes may take up to 24 hours. In these cases, you can contact customer support to resolve the issue.
Exness has five offices worldwide, including the UK and Cyprus. Its customer service representatives speak English, Chinese, and Thai. It also offers phone and lives chat support. In addition, its help center has helpful articles for its customers.
It offers good trading conditions.
Exness offers good trading conditions and a variety of financial products. Its MT4 platform is highly user-friendly and allows traders to trade CFDs in multiple locations. The platform has over 260K active traders and a simple, straightforward interface that makes it easy to navigate and understand.
To start, open an account with Exness.com and verify your data. You can then choose between the different types of accounts available. These accounts have various features, including market execution, stable spreads, no requotes, and no minimum balance. For example, you can open a Standard Cent account if you are a beginner, and the minimum deposit is only $ 1.
Another great feature of Exness is that it offers a demo account where you can trade with virtual funds without risking real money. So if you’re new to forex trading, you can use the demo account to practice the process. The company is licensed by CySEC and the UK’s Financial Services Authority. It also provides customer support in various languages, which isn’t instant.
It does not charge an inactivity fee.
Exness does not charge an inactivity fee on the minimum deposit required for a standard account. However, it would help if you did your research before signing up. Before signing up, you should know the company’s regulations and ensure you are a natural person.
Unlike other brokerages, Exness does not charge an inactivity fee on your account if you are not actively trading. Its minimum deposit for standard accounts is just $10. Traders in Kenya must deposit in their base currency. Otherwise, they will incur currency conversion fees. The company offers two types of accounts, standard and professional. The Standard Cent account has low spreads, starting at 0.3 pips, and there is no commission for the trading volume.
Whether you want to invest in stocks, indices, or currencies, Exness offers the correct account for you. Their trading platform offers over 80 currency pairs and multiple payment methods. The platform is easy to use and offers several popular features, such as 1-click trading directly from the chart. In addition, the TradingView platform offers comprehensive charting with 50 drawing tools and 100 indicators. The platform also offers market orders and pending orders. Unfortunately, it does not support trailing stop and time-in-force orders.
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