Exness divides its account into various types, but to make it easier for traders to choose, they have been grouped into 2 big categories: Standard and Pro.
Exness provides a variety of account types, each tailored to a particular trading style. The two main categories are Standard and Pro, in which every account type offers a unique set of minimum initial deposit, leverage, commission, spread, maximum accounts, position sizes, margin call level, stop out level, and order execution. Here is the comparison, which is established based on such aspects.
Minimum Initial Deposit
- Standard: With reference to the payment system (mostly $10 in bank transfers and e-wallets except for Perfect Money).
- Pro: At least $200 (determined by the country of residence).
In general, the minimum initial deposit refers to the minimum amount of money required to open an account. Exness Pro account's larger minimum deposit requirement makes it ideal for professional traders, while the Standard account's low minimum deposit makes it the more affordable choice for novice traders.
Leverage
- Standard and Pro: 1:Unlimited
Leverage refers to a trading feature to increase one's exposure to the market by allowing them to trade bigger than what they have in their balance. Brokers typically offer leverage in the range of 1:50, 1:100, or 1:500. But for Exness accounts, the maximum leverage can go up to 1:unlimited for both Standard and Professional.
Commission of Trading
- Standard: None
- Pro: From $0.2 each side per lot
A broker can charge a commission for each transaction in a trading account. Exness does not apply any commission to Standard accounts since it's considered enough to charge clients with spreads. However, Pro accounts are conditioned to charge a minimum commission of $0.2 for one trade side per lot standard. It means that traders need to pay up a minimum commission of $0.4 per closed trade.
Spread
- Standard: From 0.3 pips
- Pro: From 0.0 pips
Spread is a term for describing the difference between a forex broker's sell rate and buy rate when exchanging or trading currencies. Standard accounts have a minimum spread starting at 0.3 pips. Pro accounts, on the other hand, have a minimum spread starting at 0.0 pips, making them more popular with professional traders who want to reduce spreads.
See Also: Is Exness Professional Account Worth It?
Maximum Accounts per Personal Area and Trading Terminal
- Standard and Pro:
- Real MT4 - 100
- Real MT5 - 100
- Demo MT4 - 100
- Demo MT5 - 100
The term Trading Terminal refers to the portion of the trading platform used by the client to transmit orders to the company. The purpose of these restrictions is to lighten the burden on exchange servers. Traders should be aware that this figure includes both blocked and archived trading accounts.
Maximum and Minimum Trade Sizes
- Standard and Pro:
- Min: 0.01 lots (1K)
- Max: 200 lots from 07:00 – 20:59 (GMT+0), and 20 lots from 21:00 – 6:59 (GMT+0)
The limits are determined by the instruments traded. Exness is actually quite flexible in putting maximum limits as seen in the time adjustments above. Furthermore, there is no difference between Standard and Pro accounts.
Margin Call
- Standard: 60%
- Pro: 30%
This margin call occurs when a broker asks a trader to boost their margin in order to maintain an open leveraged position. The percentages above refer to the level after which the equity decreases to the required margin.
Stop Out
Standard and Pro: 0%
When your margin level reaches a certain percentage (%), it reaches the "Stop Out Level", at which point your broker will automatically close all of your open trades (referred to as liquidating). By setting the stop out level at 0% at Standard and Pro accounts, Exness won't instantly close positions when traders' equities are down to a certain level.
Order Execution
- Standard: Market Execution
- Pro:
- Instant: Forex, Metals, Indices, Energies, Stocks
- Market: Cryptocurrency
An order to purchase or sell a security in the market is completed when it is executed. However, both types are equipped with their respective supporting systems. Standard accounts only support Market Execution, whilst Pro accounts support Instant Execution on the majority of instruments. Be mindful that while Market Execution gives traders more control over their intended pricing, it also increases the likelihood of requotes.
Conclusion
To conclude, each set may aid you to decide which account fits your business. Standing between these two options, you may need an easier comparison of each account. As such, here's a table to compare both accounts based on the abovementioned aspects
📂Account | Standard Accounts | Pro Accounts |
💲Minimum deposit | $10 (generally) | $200 |
⚖Leverage | 1:unlimited | 1:unlimited |
💸Commission | ❌ | From $0.2 each side per lot |
🔢Spread | From 0.3 pips | From 0.0 pips |
📊Maximum accounts | 100 on each Real and Demo accounts (MT4 & MT5) | 100 on each Real and Demo accounts (MT4 & MT5) |
📈Maximum trade size | 20 lots and 200 lots (depending on the time) | 20 lots and 200 lots (depending on the time) |
📉Minimum trade size | 0.01 lots | 0.01 lots |
☎️Margin call level | 60% | 30% |
⛔Stop out level | 0% | 0% |
⚡Order execution | Market Execution | Instant and Market Execution (depending on the instruments traded) |
Exness is a forex and CFD brokerage that serves clients to trade across multiple markets with the most stable and reliable pricing in the industry. Their features include spreads as low as 0 pips and maximum leverage of 1:unlimited.
10 Comments
Hakimi
Jan 16 2023
Ok, I think Exness gives traders some leeway in terms of minimum deposit and leverage.But with these rules, I think many novice traders fall into a deposit and leverage trap. I mean I don't mention Exness doing wrong because Exness only gives the traders freedom to decide the funds and leverage that the traders want to use. For experience trader it maybe usefull freedom but for beginners, this condition will confuse them. In other words, what is the minimum deposit amount to actually trade in the forex market and what is the maximum leverage that is reasonable to protect us from overtrading?
Russell
Jan 16 2023
Hakimi: Dude, I understand your concerns. But of course you should know that Exness offers a standard cent account for beginners. Therefore, it is even higher level than the demo account. You have to deposit some money, but all losses and wins are in cents, not dollars. The Exness Standard Cent Account also offers Leverage 1:2000 too. Highly recommended for beginners. (For more details about the Exness, you can read at here : Exness Review.)
Of course, in the case of a standard account with 1 lot = 100,000 units, certain conditions must be met in order to conduct live trading, but it is not recommended for beginners as the loss and risk will be high. In terms of deposit and leverage, you must have a purchasing power of at least $100,000. So, for $50 you need a leverage of 1: 200, $100 Requires 1: 100 and so on. However, I highly recommend depositing $100 with leverage of 1: 100 is safer because it has a higher margin and 100 trades. I read about this deposit and leverage on this site. See here for details : Decided the best leverage for beginner
Hakimi
Jan 16 2023
Russell: Thank you for sharing the link. Therefore, I can draw conclusions about the minimum deposit amount. The standard deposit amount for standard accounts can start from $100. If you find a broker that offers $1 or less than $100, this is just marketing, and it is possible to start live trading with such low deposits.
Meghan
Jan 16 2023
Don't get me wrong, is trading with Exness safe, as all trading conditions are very favorable for traders? The low spread, no commission, and unlimited leverage. I mean, unlike other brokers who always have spreads, commissions, and limited spreads, Exness seems to care about all that. Where will they profit from to survive? I have a question because I am concerned about scams. Again, don't get me wrong. I just need to take a good look at the broker before deciding to trade with it.
Hayami
Jan 16 2023
Meghan : As for Exness itself, it doesn't matter where or how they make money, you can't judge about it because we don't know how Exness manage its financial. Very understandable if you are concerned about these terms as they do not follow international standards and Deloitte states that they have not audited Exness's finances (Exness claims financials were audited by Deloitte) . But on the other hand, they are actually regulated by seven countries and have segregate accounts to its clients which is the client's fund will be separated for company's funds.
Wendel
Feb 2 2023
Dude, 60% margin call in standard account and 30% margin in pro account. Why is the margin so much lower in the pro account. Meanwhile, what is the level of stopping everything? Sorry, I really a fresh boy at Forex so I don't recognize the margin stuff.
One thing for sure about Exness Standard and Pro accounts is the difference with minimum deposit, margin and spread. And for other aspects really the same condition.
If I am a beginner trader with a lot of money, I think it would be better to trade using the Pro account as only the spreads seem to be lower than on the standard account.
Jordan
Feb 2 2023
Wendel: Margin call means the percentage of your margin that reaches the margin call level set by the broker. This means that a lower margin is better than a higher one. So with a pro account, you can let your losses float deeper until there's 30% left. Whereas, on the standard account, when your margin reaches 100%, the system will warn you to add more money or just cut your trading loss to avoid other open trading positions automatically close when they reach the stop level.
In fact, margin and stop levels have a certain level. Brokers sometimes set the same margin call and stop level, so when the trader reaches the margin call, he will also reach the stop out level (because of that, many traders said margin call is same with stop out) During this time there is also another setting but with a stop loss lower than the margin call level.
But honestly, 0% stop is like trading with no stop. 0% means your equity is $0, in other words Exness trading is tradable until you go bankrupt
Skye
Feb 2 2023
I am very confused about the leverage available at Exness. I mean leverage is unlimited? The question is how to use leverage that is safest for us, especially since many traders say leverage will make us over-trade. But with this freedom to adjust leverage, I think many beginners will use high leverage to make more trades.
And if it's unlimited leverage, how can I set the leverage I want? I mean, if it is set automatically the first time when opening an account, sometimes the previously opened leverage is not suitable for us because it is unlimited, it can be set, right?
Smith
Feb 2 2023
Skye: The best leverage is at 1:100 up to 1:200, and highest you can use is at 1:500 but with $100 deposit. Below that, the leverage that might be posibble is 1:100. So, you need to see your deposit too because the deposit in trading become equity and it will affect the margin level percentage!
You can change the leverage setting of a specific trading account by following these steps:
Hope it can help you!!
Ronan
Feb 2 2023
After noticing the difference between the standard and Pro Exness, I think the pro account on top of the Pro account is actually a good deal. After all, you are only charged a commission of $0.2 per round per lot. This means that when you close a one-lot trade, you only charge $0.20. It is very low commission and the number of pips can be 0.0. Friends, I am ready to prepare $200 to trade with a pro account.
Another thing that amazes me is the freedom to change the leverage to suit you. Friends, after looking through many brokers, this is the only one that offers matching deposit with minimum transfer payment option and leverage that you can set. I think it will be a very good option to trade with Exness in the end!