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Exness is known to offer quite a wide range of payment methods and base currencies. Read this guide to start making deposits and withdrawals from your Exness account.
Exness is a well-known forex broker with thousands of active clients worldwide and years of experience in the industry. It is regulated by several top-tier authorities (CySEC of Cyprus, FCA of the UK, and FSA of Seychelles) while being an industry leader with a wide range of tradable products that include forex pairs, stocks, cryptocurrencies, metals, energies, and more.
Apart from that, Exness also offers favorable trading conditions and easy deposits and withdrawals. There are several payment methods to choose from, namely:
- Bank Cards
- Wire Transfer
- Skrill
- Neteller
Furthermore, various base currencies are available depending on the account type that you choose. For the Standard account, the available account currencies are:
AED, ARS, AUD, AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP, PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR
Please note that you can't change your account currency later on and if you deposit using a different currency than the base currency, you will be charged conversion fees. Therefore, choosing the right base currency is pretty crucial to avoid unnecessary expenses.
As an alternative, Exness allows you to open multiple trading accounts with different base currencies using the same Personal Area.
The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.
Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.
Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.
The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.
Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.
Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.
The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.
Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.
The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.
Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.
One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.
Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.
Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.
When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.
From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.
How to Make Deposits in Exness
- Head over to Exness' official website and log in to your Personal Area. If you don't have an account yet, you can create a new account first.
- Go to the Deposit section of your Personal Area (PA), and click a payment method.
- Choose the trading account you would like to fund, the currency, and the deposit amount. Click Continue.
- Check the summary of the transaction, then proceed to Confirm.
- You will be redirected to the website of the payment provider. Log in to your account and follow the guides to complete transaction.
- Funds will be added to your trading account instantly, and the amount will be automatically debited from your payment account.
Advantages of Exness Deposit
Exness believes that deposits should be easy and quick. Thus, apart from offering a wide variety of payment methods, the broker also provides several other advantages. Here's everything you need to know about it.
- Exness users can deposit funds at any time, including on weekends and public holidays. If it's not an instant deposit, the request will be processed within 24 hours.
- All deposits are free of charge, but there may be additional transaction fees charged by the bank, credit card provider, or payment system.
- Your account type might present a minimum deposit requirement that you should fulfill to start trading. For Standard accounts, the minimum deposit depends on the payment method that you use, while Professional accounts have a fixed minimum deposit starting from $200.
- The payment account that you use must be in your name as registered in your Exness holder. In other words, deposits can't be made via a third party.
- Deposit processing times can vary based on the funding that you used. The average processing time shown in each method is typically the length to expect your deposit to complete, but it is possible to take the maximum time. Some methods are instant, which means the request will be processed instantly by the broker before being sent to the payment provider. However, it may take a longer time for the funds to actually appear in your account.
How to Withdraw Funds from Exness
- Go to Exness' website and log in to your Personal Area.
- Click the "Withdraw" button on the side menu on the left side.
- Choose from the available payment methods.
- Enter your payment account number, currency, account number in Exness, and withdrawal amount in USD. Then, click "Continue".
- Check the details of your withdrawal request and enter the code received from e-mail or SMS. Click "Confirm".
- Your withdrawal action is now done. Your funds will be reflected in your account soon.
Guide to Exness Withdrawal
Before making a withdrawal request, there are several things that you should note.
- You can withdraw the amount equal to your trading account's free margin as shown in your Personal Area.
- All withdrawals are initially free of charge, but there may be additional transaction fees from the bank, credit card provider, or payment system.
- The withdrawal processing time depends on your preferred payment method. This is why some withdrawals in Exness are instant, while others can take up to several days to complete.
- All withdrawals must be made using the same payment method, the same account, and the same currency used for the deposit. If you use multiple deposit methods or multiple wallets within the same method, you can withdraw funds in proportion to the amounts deposited.
- If you withdraw using multiple methods, then the process must follow the payment system priority.
- You can only withdraw funds to your own personal accounts. This is to ensure the safety of your funds.
Final Words
In a nutshell, making a deposit or withdrawal in Exness is very easy. The process is relatively quick, especially if you use instant deposit and withdrawal. You can choose from many different payment options, ranging from local bank transfers to e-wallets. One thing to keep in mind is that different countries may support different payment options, so make sure to check what payment methods are available in your area before making any deposit. You can see the full list in your Personal Area. If some methods are blocked, you will also be able to see the reason for it.
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.
18 Comments
Alex
Jan 4 2023
Catherine
Jan 4 2023
Alex
Jan 4 2023
Catherine
Jan 4 2023
Bojan
Jan 4 2023
Melissa
Jan 6 2023
Can I withdraw to my friend's bank account?
Dariah
Jan 23 2023
Melissa: No, you can't. They reason is simple, to avoid money laundering and support illegal activities. Financial institutions and brokerages have strict compliance regulations, which include "know your customer" (KYC) and "anti-money laundering" (AML) regulations. These regulations require that you verify your identity and the identity of the person to whom you are sending the money.
You may not have bad intentions, but there are many cases of embezzlement of funds through business practices, especially in the financial sector. Because of this, brokers and other financial companies are required by the government to only accept funds from customers who have fulfilled verification and dare to transparently provide information about their finances.
As the solution, you can withdraw via Perfect Money or any methods, then send the money to your friend.
Haleem
Jan 13 2023
What happens if I fail to verify my account before the grace period expires?
Stephen Astark
Jan 23 2023
Haleem:
Users who have not fully completed the verification process for their account will have certain limitations on their deposits. These include:
Carrie Higgins
Jan 29 2023
Is there a minimum and maximum withdrawal amount?
Wahidul Alam
Mar 25 2023
Carrie Higgins:Yes, Exness has minimum and maximum withdrawal amounts that depend on the withdrawal method and the currency of your account. For example, for bank transfers, the minimum withdrawal amount is usually $50, while the maximum amount can range from $2,000 to $50,000 per transaction depending on the currency. For electronic payment systems such as Skrill, Neteller, and WebMoney, the minimum and maximum withdrawal amounts may vary from $1 to $50,000 per transaction. It's important to note that the minimum and maximum withdrawal amounts may also be subject to fees, which may vary depending on the withdrawal method and the currency of your account. For instance, some electronic payment systems may charge a fee for each withdrawal transaction. To avoid any confusion, make sure to check the withdrawal limits and fees associated with your chosen withdrawal method before making a withdrawal request. If you have any questions or concerns, you can contact Exness customer support for assistance.
Gwendolyn
Feb 5 2023
Can I withdraw using several methods?
Aweshim Kumar
Mar 25 2023
Gwendolyn:Yes, Exness allows its users to withdraw funds using several methods. The available withdrawal methods may vary depending on your country of residence and the currency of your account. Some of the commonly available withdrawal methods at Exness include bank transfers, credit/debit cards, and electronic payment systems such as Skrill, Neteller, and WebMoney. You can choose the withdrawal method that best suits your needs and preferences. It's important to note that Exness may have specific withdrawal requirements, such as minimum and maximum withdrawal amounts, processing times, and withdrawal fees. Make sure to check the details of each withdrawal method and any associated fees before making a withdrawal request. In addition, Exness requires its users to verify their identity and account information before being able to withdraw funds. This is a standard procedure in the financial industry aimed at preventing fraud and ensuring the security of users' funds. Therefore, make sure to complete the verification process before making a withdrawal request to avoid anys or issues.
Kayla
Feb 25 2023
As a trader with limited capital and can't keep funds in the account for too long, I really need information about withdrawing funds like this. Can you explain in more detail, how many withdrawals can be made in a day? Is there a limit to the amount of withdrawing funds?
Leony
Apr 23 2023
Hi there! I'm interested in trading with Exness and I read that I can withdraw the amount equal to my trading account's free margin as shown in my Personal Area. I'm not sure what that means exactly. Can I withdraw all of my profits or just some of it? And how can I check how much free margin I have in my account? I'm feeling a bit confused, so any guidance would be greatly appreciated!
Anthony
Apr 23 2023
@Leony: Hey, no worries, happy to help!
So, when Exness says you can withdraw the amount equal to your trading account's free margin, it basically means you can take out the cash that's available in your account after you've opened and maintained your trades. This is the money that's not being used to keep your positions open. And yeah, you can withdraw all or part of your profits as long as the amount you want to withdraw is equal to or less than your free margin.
To check your free margin, just log in to your Exness Personal Area and look for the "Account Overview" section. You'll see your account balance, equity, and free margin there. Your free margin is the amount you can use to open new trades or withdraw from your account.
One thing to keep in mind though is that there may be some restrictions or fees for withdrawals, so it's always a good idea to check the terms and conditions before making a request.
Hope that clears things up!
Qory
Feb 26 2024
As an individual trader operating with restricted capital and the necessity to maintain funds in the account for short durations, I'm particularly keen on understanding the intricacies surrounding fund withdrawals. Could you please elaborate further on this matter? Specifically, I'm interested in knowing if there are any limitations on the frequency of withdrawals permitted in a single day. Additionally, I'm curious if there are constraints imposed on the total amount that can be withdrawn from an Exness account within a specified timeframe. Clarifying these aspects would greatly assist me in managing my trading activities effectively within the constraints of my capital and trading preferences.
Yasin
Feb 29 2024
Hello! As an Exness user, I can confirm that there are no limits placed on the number of withdrawals you can initiate in a single day or on the total amount you can withdraw from your Exness account. This policy offers users flexibility and convenience in managing their funds according to their individual trading requirements and preferences. Essentially, you have the liberty to withdraw funds as frequently as needed and in any desired amounts, enabling you to align your trading strategy and financial management approach accordingly. This absence of restrictions grants traders like yourself greater autonomy over your funds, ensuring that you can promptly access your profits or adjust your capital allocation without facing unnecessary obstacles or delays.