Exness Account Types offers two types of ZAR Standard Accounts.
The Standard and Standard Cent account is used with MetaTrader 4, and only the Standard can be used with MetaTrader 5.
Exness also offers three Pro accounts. These latter accounts include the Raw Spread, Zero, and Pro Account.
Added to this, an Islamic Account can be applied for the Standard Accounts and Pro Accounts, as well as a free demo account.
📈 Standard Account | 💹 Raw Spread Account | 🌐 Zero Account | 📊 Pro Account | |
💳Minimum Deposit | $10 ( ZAR R160 ) | $500 ( ZAR R8000 ) | $500 ( ZAR R8000 ) | $500 ( ZAR R8000 ) |
⏱Deposit activation duration | Up to 72 hours | Up to 72 hours | Up to 72 hours | Up to 72 hours |
📉Leverages | 1:2000 | 1:2000 | 1:2000 | 1:2000 |
📈Spreads | 0.3 | 0.0 | 0.0 | 0.0 |
📊Commissions | No | Up to 3.5 USD | Up to 3.5 USD | No trading commission |
📝Order Executions | Market | Market | Market | Market |
☪️Swap- Free | ✔️Yes | ✔️Yes | ✔️Yes | ✔️Yes |
👉Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Exness Account Type a Quick Overview:
Overview
Exness boasts a wide variety of accounts to cater to the various trading techniques and habits.
The basic accounts which comprise the Standard and Standard Cent accounts are recommended for those at the entry level and those with a limited budget as they have low minimum deposits, very attractive spreads, and do not charge any commission.
The advanced accounts which include the Pro, Raw Spread, and Zero accounts, are designed for professional traders who want to use enhanced features such as lower spreads, quicker executions, and greater leverage.
These types of accounts often call for a bigger minimum deposit but they offer a more advanced trading platform.
Exness is a leading Cyprus-based Forex broker that is highly regulated in several jurisdictions, including the CBCS, CySEC, FCA, FSA, FSC, and FSCA.
The maximum position limits (200 lots) applicable to the trade-in is as follows:
- Forex currency pairs, gold, silver, platinum, and palladium with instant execution
- Cryptocurrencies with market execution
- Energies: USOil and UKOil with instant execution
- Indices with instant execution
- Stocks with instant execution
Exness At a Glance
Category | Details |
Company Information | |
🏷️Company Name | Exness |
📍Headquarters Location | Cyprus |
📅Year Established | 2008 |
👤CEO/Founder | Exness was co-founded by a group of partners. |
🌐Global Offices | Multiple locations worldwide |
🔖Licensing Body | FCA (UK), CySEC (Cyprus), FSA (Seychelles), etc. |
👥Group Companies | Exness Limited, Exness (Cyprus) Ltd |
🏛️Business Model | Market Maker, ECN/STP |
🌍Operational Languages | English, Arabic, Spanish, and others |
🏆Awards & Recognitions | Numerous industry awards |
Regulation and Security | |
🛡️Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
✔️Compliance Standards | High compliance with industry standards |
💼Client Fund Segregation | Yes |
🪫Negative balance protection | Yes |
🕵️♂️Financial Conduct Oversight | Strong regulation by global bodies |
💰Insurance Coverage | Yes, up to €20,000 (FCA regulated) |
📋AML & KYC Policy | Strong anti-money laundering and KYC procedures |
🔒Security of Trading Platform | SSL encryption, 2FA security measures |
🛡️Investor Compensation Fund | Yes |
🖥️Cybersecurity Measures | Advanced cybersecurity protocols |
Account Types and Features | |
⚙️Standard Account | Available for retail traders |
📊ECN Account | Yes |
🌙Islamic Account | Yes |
🎮Demo Account | Yes |
👑VIP Account | Yes, for high volume traders |
💵Minimum Deposit | $10 USD / R178 ZAR |
💱Base Currencies | USD, EUR, GBP, and others |
⚖️Leverage Options | Up to 1:2000 |
📈Spreads (Fixed/Variable) | Variable spreads |
🔄Swap-Free Accounts | Yes |
🌐Account Currency Conversion | Available |
🚨Margin Call Level | 50% |
❌Stop-Out Level | 20% |
🔄Hedging Allowed | Yes |
⚡Scalping Allowed | Yes |
🔁Copy Trading Support | Yes |
👥Social Trading Features | Yes |
💼Managed Accounts | Yes |
Trading Conditions | |
🔍Average Spreads | From 0.1 pips |
💲Commissions per Trade | Depends on account type |
🔢Leverage Range | Up to 1:2000 |
🚀Execution Speed | Fast, with low latency |
📊Order Execution Type | Market Execution, Instant Execution |
🔄Slippage Policy | Minimal slippage |
📏Margin requirements | 50% |
⏹️Stop-Loss and Take-Profit Orders | Yes |
🔁Trailing Stops | Yes |
🕑Pending Orders | Yes |
🔽Partial Fills | Yes |
🧾Dividend Adjustments | Yes |
🌙Overnight Swap Fees | Yes |
📆Rollover Policy | Yes |
🛑Guaranteed Stop Loss | No |
Trading Instruments | |
💹Forex Currency Pairs | Yes |
🪙Precious Metals (Gold/Silver) | Yes |
📈Indices | Yes |
🌾Commodities | Yes |
⛽Energies (Oil/Natural Gas) | Yes |
₿Cryptocurrencies | Yes |
📉Stocks | Yes |
🗂️ETFs | Yes |
🏛️Bonds | Yes |
📜Futures Contracts | Yes |
🛡️Options Contracts | Yes |
⚖️CFDs (Contracts for Difference) | Yes |
🔣Swap on Trading Board | Yes |
🔀Leveraged Instruments | Yes |
🎯Micro-Lot Trading | Yes |
💸Spread Betting | Not available |
🧺Currency Baskets | Yes |
Deposits and Withdrawals | |
💳Deposit Methods | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
💵Withdrawal Methods | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
⏱️Processing Time for Deposits | Instant to 1-2 business days |
🕒Processing Time for Withdrawals | 1-2 business days |
🚫Deposit Fees | No |
💵Withdrawal Fees | No |
🔢Minimum Deposit Amount | $10 USD / R178 ZAR |
📉Minimum Withdrawal Amount | $3 |
🚪Maximum Withdrawal Limit | No limit |
💱Supported Currencies | USD, EUR, GBP, JPY, etc. |
₿Crypto Deposits & Withdrawals | Yes |
🏦Bank Wire Transfers | Yes |
💳Credit/Debit Cards | Yes |
📲E-Wallets (Skrill, Neteller, etc.) | Yes |
🏘️Local Payment Methods | Yes, region-specific |
Trading Platforms and Tools | |
💻MetaTrader 4 (MT4) | Yes |
👩💻MetaTrader 5 (MT5) | Yes |
🖥️Proprietary Platform | No |
📱Mobile Trading App | Yes |
🌐Web-Based Platform | Yes |
🤖Trading Bots | Yes |
🖧VPS Services | Yes |
🔌API Connectivity | Yes |
📉Charting Tools | Advanced charting available |
🧮Custom Indicators | Yes |
🧠Market Sentiment Analysis | Yes |
📩Trading Signals | Yes |
🏷️Advanced Order Types | Yes |
⚠️Risk Management Tools | Yes |
📅Economic Calendar | Yes |
📰Market News Feed | Yes |
Customer Support | |
📞Support Channels | Phone, email, live chat |
🗨️Live Chat Availability | Yes |
📧Email Support | Yes |
📱Phone Support | Yes |
🌍Multilingual Support | Yes |
❓Help Center/FAQ | Yes |
👨💼Dedicated Account Manager | Yes |
⏲️Response Time (Live Chat) | Less than 1 minute |
🕒Response Time (Email) | Within 24 hours |
⭐Support Rating | 4.5/5 |
Educational Resources and Support | |
🎥Webinars | Yes |
🏫Seminars | Yes |
📖Trading Tutorials | Yes |
📊Market Analysis Reports | Yes |
📚E-Books | Yes |
🎬Video Library | Yes |
📜Glossary | Yes |
❔FAQs | Yes |
🆕Beginner Guides | Yes |
🚀Advanced Trading Strategies | Yes |
Partnerships and Programs | |
📋IB Program | Yes |
🪪Affiliate program? | Yes |
🏷️White Label Solutions | Yes |
🎁Partnership Rewards | Yes |
🏛️Institutional Solutions | Yes |
🔌API Partnership | Yes |
🤝Referral Program | Yes |
Fees & Charges | |
💳Deposit Fees | No |
📤Withdrawal Fees | No |
💤Inactivity Fee | Yes |
🌜Overnight Fees (Swaps) | Yes |
💱Conversion Fees | Yes |
💰Commission on Trades | Yes |
Market Research Tools | |
📅Economic Calendar | Yes |
📰Market News | Yes |
📩Trading Signals | Yes |
🔧Technical Analysis Tools | Yes |
💭Sentiment Analysis | Yes |
Additional Features | |
👥PAMM/MAM Accounts | Yes |
🔗Social Trading Platform | Yes |
🏆Trading Competitions | Yes |
🎁Loyalty Rewards | Yes |
👑Exclusive VIP Perks | Yes |
Promotions & Bonuses | |
🎁Welcome Bonus | Yes |
💵Deposit Bonus | Yes |
🏅Trading Contests | Yes |
🌟Seasonal Promotions | Yes |
🎖️Loyalty Programs | Yes |
User Experience & Reviews | |
🖥️User Interface Quality | Easy-to-use interface |
🔒Platform Stability | High stability |
📱Mobile App Reviews | 4.5/5 on app stores |
⭐Overall User Rating | 4.5/5 |
🌟Trustpilot Rating | 4.5/5 |
😟Common Complaints | Occasionally slow withdrawals |
Mobile | |
📱Mobile App Name | Exness Trader |
🛠️Developer | Exness |
📅Release Year | Ongoing updates |
💻OS Compatibility | iOS, Android |
🌐Languages Supported | Multiple languages |
📈Trading Instruments | Forex, crypto, commodities, stocks |
🔄Real-Time Data | Yes |
🛠️Charting Tools | Advanced |
📊Order Types Supported | Market, Limit, Stop |
🚀Order Execution Speed | Fast |
🔔Custom Alerts | Yes |
🤝Beginner-Friendly | Yes |
🔐Security Features | 2FA, SSL encryption |
🖥️Synchronization | Yes |
💰Deposit and Withdrawal | Yes |
📝Account Types Accessible | All account types available |
🔄Switch Accounts | Yes |
💬In-App Support | Yes |
📚Educational Resources | Yes |
🎯Watchlist | Yes |
🌙Dark Mode | Yes |
🌐Social Trading | Yes |
AI Trading Resources | |
🤖AI Integration | Yes |
📊Data Analysis | Yes |
📈Predictive Analytics | Yes |
🛠️Customizable Strategies | Yes |
📉Risk Management Tools | Yes |
🧑🏫Trading Insights | Yes |
🚀Execution Optimization | Yes |
🔄Portfolio Rebalancing | Yes |
📚AI Tutorials | Yes |
🎥Video Demonstrations | Yes |
🧑🤝🧑Webinars | Yes |
🔍AI-Powered Search | Yes |
🌟Beginner-Friendly | Yes |
🖥️Platform Availability | Desktop and mobile |
📈Backtesting Capability | Yes |
🛠️Strategy Builder | Yes |
🔔Alerts and Notifications | Yes |
🔒Data Protection | Yes |
👁️🗨️Transparency | Yes |
Social Media Platformst | |
Yes | |
Yes | |
🐦X | Yes |
Yes | |
🎥YouTube | Yes |
👉Open Account | 👉 Open Account |
Best Trading Pairs for all Exness Account Types:
Exness Account Types and Features
Standard Account
The Standard account remains a preferred choice among traders, regardless of experience. Its ease of use and practicality attract beginners and veterans alike, given that no minimum deposit is required to set up the account.
Trading enthusiasts with different expertise levels can benefit from its competitive spreads without worrying about trade commissions, offering an uncomplicated trading simulation for users who want something straightforward yet effective.
🔎 Account Feature | 📌 Value |
💴 Minimum Deposit Requirement | 190 ZAR / $10 |
📈 Spreads | Variable, from 0.3 pips |
💵 Commission Charges | None |
📉 Maximum leverage offered | Unlimited leverage |
📊 Instruments Available | Forex major pairs Minor currency pairs Exotic Forex pairs Energies Cryptocurrencies Stocks Indices |
↪️ Minimum lot size | 0.01 lots |
➡️ Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
📍 Maximum positions | Unlimited |
💹 Hedged margin (%) | 0 |
💱 Margin Call (%) | 60 |
⛔ Stop-out Level (%) | 0 |
🖇️ Order Execution | Market Execution |
☪️ Islamic Account | Yes |
👉Open Account | 👉 Open Account |
Standard Cent Account
The Cent Account caters to beginners or individuals who prefer low-risk trading. Since transactions are carried out in cents, traders can easily manage their investments with lower transaction rates.
This type of account proves suitable for those seeking to test different trading methods without investing large capital since it diminishes financial risks while simultaneously providing an authentic trade setting.
🔎 Account Feature | 📌 Value |
💴 Minimum Deposit Requirement | 190 ZAR / $10 |
📈 Spreads | Variable, from 0.3 pips |
💵 Account Base Currency | USC, EUC, GBC, CHC, AUC, CAC |
💶 Commission Charges | None |
📉 Maximum leverage offered | Unlimited leverage |
📊 Instruments Available | Forex Metals |
➖ Minimum lot size | 0.01 lot |
➕ Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
↪️ Maximum positions | 1000 |
💹 Hedged margin (%) | 0 |
💱 Margin Call (%) | 60 |
⛔ Stop-out Level (%) | 0 |
➡️ Order Execution | Market Execution |
☪️ Islamic Account | Yes |
👉Open Account | 👉 Open Account |
Raw Spread Account
The Raw Spread account is designed for those who prefer to trade with the narrowest spreads. This type of account offers raw spreads and a minimal trading commission, making it perfect for high-volume traders and scalpers seeking to benefit from low-spread pricing in volatile market conditions.
🔎 Account Feature | 📌 Value |
💴 Minimum Deposit Requirement | 9,400 ZAR / $500 |
📈 Spreads | Variable, from 0.0 pips |
💵 Commission Charges | Up to $3.5 per side, per lot |
📉 Maximum leverage offered | Unlimited leverage |
📊 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
➖ Minimum lot size | 0.01 lot |
➕ Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
↪️ Maximum positions | Unlimited |
📌 Hedged margin (%) | 0 |
📍 Margin Call (%) | 30 |
⛔ Stop-out Level (%) | 0 |
▶️ Order Execution | Market Execution |
☪️ Islamic Account | Yes |
👉Open Account | 👉 Open Account |
Zero Account
The Zero account’s standout feature is its absence of spread charges on a wide range of significant currency pairs.
For those using this option, trade commissions apply, but they stand to gain from the lack of spreads in instances where minimal variation counts. This can significantly benefit specific trading strategies that are influenced by spread magnitude.
🔎 Account Feature | 📌 Value |
💴 Minimum Deposit Requirement | 9,400 ZAR / $500 |
📈 Spreads | Variable, from 0.0 pips |
💵 Commission Charges | From $0.1 per side, per lot |
📉 Maximum leverage offered | Unlimited leverage |
📊 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
➖ Minimum lot size | 0.01 lot |
➕ Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
↪️ Maximum positions | Unlimited |
📌 Hedged margin (%) | 0 |
📍 Margin Call (%) | 30 |
⛔ Stop-out Level (%) | 0 |
💹 Order Execution | Market Execution |
☪️ Islamic Account | Yes |
👉Open Account | 👉 Open Account |
Pro Account
Tailored to meet the needs of seasoned traders, the Pro account offers a perfect blend of reduced spreads and zero commission. The advanced trading features and quick transaction speeds make it appropriate for those looking for an intricate trading experience.
With superior market conditions, this account type caters to expert traders seeking optimized performance in their trades.
🔎 Account Feature | 📌 Value |
💴 Minimum Deposit Requirement | 9,400 ZAR / $500 |
📈 Spreads | Variable, from 0.1 pips |
💵 Commission Charges | None |
📉 Maximum leverage offered | Unlimited leverage |
📊 Instruments Available | Forex Metals Cryptocurrencies Energies Stocks Indices |
➖ Minimum lot size | 0.01 lot |
➕ Maximum Lot Size | 200 lots from 7 am to 8h59 pm (GMT +0) 20 lots from 9 pm to 6h59 am (GMT +0) |
📌 Maximum positions | Unlimited |
📍 Hedged margin (%) | 0 |
💹 Margin Call (%) | 30 |
⛔ Stop-out Level (%) | 0 |
☪️ Islamic Account | Yes |
👉Open Account | 👉 Open Account |
Demo Account
Exness provides a comprehensive demo account for South African traders. This account is intended to serve as a risk-free platform for testing methods and familiarizing themselves with the broker’s features and trading instruments.
This demo account simulates the genuine trading environment by using virtual funds rather than real money, removing the requirement for an initial deposit and the risk of actual financial loss.
It is an excellent tool for both new and experienced traders. Novices can learn the fundamentals of forex trading in a secure environment, while seasoned traders can experiment with new methods and study sophisticated features without risking their money.
The demo account offers real-time market pricing and a virtual balance that can be refreshed, resulting in a realistic trading simulation.
It distinguishes itself through its resemblance to a real trading account, providing access to the same large variety of instruments, including 107 currency pairs and 34 cryptocurrency pairs. This enables traders to simulate realistic trading scenarios and comprehensively assess the platform’s capabilities.
Furthermore, the demo account includes various order types, such as market, limit, and stop orders, allowing traders to practice various trading techniques.
Traders must realize that forex trading carries a high level of risk and that previous success does not indicate future outcomes. Before moving on to real-money trading, traders should use the Exness demo account to check their risk tolerance and approach trading sensibly.
Islamic Account
Exness provides swap-free accounts to traders in Islamic nations that follow Sharia law and even extends this service to some non-Islamic countries. These accounts are intended to adhere to Islamic financial principles, especially by eliminating exchange fees.
Swap-free accounts do not credit or withdraw swaps, aligned with the Islamic finance prohibition on Riba (interest). This functionality is accessible for numerous accounts, including Pro, Raw Spread, Zero, Standard Cent, and Standard, and is immediately applied to accounts from Islamic countries.
Exness does, however, monitor these accounts for any misuse of the swap-free status. If a trader is found to be abusing this feature, Exness reserves the right to revoke the swap-free status and impose ordinary swap charges on open and future transactions.
However, traders must note that abuse of the Islamic Account usually involves transactions that normally result in negative swap charges.
Overall, swap rates vary greatly depending on central bank interest rates, currency pair exchange rates, order type, and broker commission.
For example, all stock and most cryptocurrency instruments are swap-free. However, forex and metal commodities typically have triple swaps applied on Wednesdays, and energy commodities and some cryptocurrencies on Fridays.
Customers Reviews
🥇 Excellent Support!
Exness provides one of the best platforms, whether you’re a beginner or a seasoned trader. I once had a problem with a deposit, but their swift support resulted in a quick resolution. Congratulations on their dependable service. – Sarah Fourie
🥈 Spectacular!
My Exness experience has been spectacular. Trading on their platform is simple, and I especially like how you can close several trades with a single click. Deposits and withdrawals are simple, resulting in a pleasant trading experience. – Grace Naidoo
🥉 Very Happy.
While your ASK prices may be slightly higher, I appreciate that you offer leverage to Micro account members. It’s a useful feature. – Noah Smit
Pros and Cons
✅ Pros | ❌ Cons |
Easy account opening process | Some trading conditions restricted in certain jurisdictions due to regulation |
Extremely low minimum deposit | |
High leverage | |
Low commission | |
Tight spreads | |
Well-regulated broker |
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Conclusion
MetaTrader 4 allows you to develop and implement a variety of trading strategies, regardless of their complexity, in addition to submitting most types of trading orders and using two types of order execution: Instant and Market.
MetaTrader 5 offers the modern trader an impressive array of features that grant great freedom in navigating the financial markets.
The MetaQuotes developers have enhanced the trading platform’s interface, improved its productivity and performance, and expanded its set of features, making it an extremely attractive option for those who want to explore new trading opportunities.
Deposit amounts depend on the payment system and account type
The Pro Accounts start at a minimum deposit of $500, which is also very affordable when compared to many other Pro Accounts in the industry today.
Finally, Exness offers excellent, multilingual customer support and an easy-to-use trader interface. Beginner traders can take advantage of the training materials offered through the broker’s dedicated academy, while advanced traders can take advantage of the various analytical tools.
These include trading calculators, an economic calendar, and independent market updates, over and above the advanced trading features built into the MetaTrader platforms.
Exness offers extremely competitive trading conditions in a feature-rich environment that is also very secure. Traders have access to a good range of market instruments that can be accessed on either the MetaTrader 4 or MetaTrader 5 platforms as well as WebTerminal, mobile iOS & Android, and Exness Trader.
Frequently Asked Questions
Can traders from South Africa open an Exness account?
Yes, traders from South Africa are allowed to open a live Exness trading account.
Does Exness have a ZAR account?
Yes, our Exness brokers review reveals that Exness does have a ZAR account
Does Exness have NAS100?
Yes, Exness does have NAS100
What types of Exness accounts are available for professional traders?
Exness account types for professional traders are the Raw Spread, Zero, and Pro accounts.
How much is the minimum deposit for a Pro account with Exness?
The minimum deposit requirement of the Exness Pro accounts (Raw spread, Zero, and Pro) is $500 / R8 622 ZAR at the current USD/ZAR exchange rate.