- Register and verify your account
- Choose one of the available payment methods
- Complete your deposit request
What You Need to Know About the Minimum Deposit
Exness, an online broker established in 2008, offers several account types for traders. Each account type has its own deposit requirements and features. Traders can choose between Standard, Cent, Raw Spread, Pro, and Zero accounts based on their trading needs and experience level.
Exness supports multiple deposit methods to suit different traders. These include bank transfers, credit and debit cards, and e-wallets such as Skrill and Neteller. The broker processes most deposits instantly, allowing traders to start trading quickly. Exness does not charge fees for deposits, but traders should check with their payment provider for any potential transaction fees. The company also implements security measures to protect client funds and personal information during the deposit process.
Minimum Deposit Requirements for Different Exness Account Types
The broker offers various account types to suit different trading styles and experience levels. Each account type has its own minimum deposit requirement.
Standard Account Minimum Deposit
The Standard account requires a $10 minimum deposit to start trading. This account type is suitable for beginners and traders who prefer lower initial investments.
Pro Account Minimum Deposit
Pro accounts have a higher minimum deposit of $200. This account type is designed for more experienced traders. It offers tighter spreads and additional features compared to the Standard account.
Raw Spread Account Minimum Deposit
Raw Spread accounts also require a $200 minimum deposit. This account type provides access to raw market spreads without markups.
Traders using Raw Spread accounts pay a commission per lot traded instead of wider spreads.
Zero Spread Account Minimum Deposit
Zero Spread accounts have a $200 minimum deposit requirement. These accounts offer 0 pip spreads on major currency pairs, with a commission charged per trade.
Cent Account Minimum Deposit
Cent accounts have a low minimum deposit of $10.
This account type allows traders to trade micro-lots, making it suitable for beginners or those who want to test strategies with minimal risk. Cent accounts use cents instead of dollars as the base currency.
Payment Methods for Exness Deposits
The broker supports a variety of payment methods for account funding. These include bank wire transfers, credit and debit cards, and e-wallets. Popular e-wallet options are Skrill, Neteller, and Perfect Money. Local payment methods are also available in some countries, such as FasaPay in Indonesia.
Minimum Deposit for Each Payment Method
Bank wire transfers typically have a minimum deposit of $10. Credit and debit card deposits start from $10 as well. E-wallet minimums vary: Skrill and Neteller have a $10 minimum, while Perfect Money requires at least $1. FasaPay, available in Indonesia, has a minimum deposit of $10.
Exness Minimum Deposit in Indonesia
In Indonesia, the broker maintains the same global minimum deposit requirements. Standard and Cent accounts can be opened with 150,000 IDR (approximately $10). Pro, Raw Spread, and Zero accounts require a minimum deposit of 3,000,000 IDR (about $200). Indonesian traders can use local bank transfers and specific e-wallets like FasaPay for deposits in addition to international payment methods.
How to Make a Minimum Deposit on Exness
Making a minimum deposit is a straightforward process. First, log into your trading account through the website or mobile app.
Follow these steps to complete your deposit:
- Click on the “Deposit” button in your account dashboard
- Choose your preferred payment method
- Enter the deposit amount (ensure it meets the minimum requirement)
- Follow the prompts to complete the transaction
After confirming the deposit, you’ll receive a notification. The funds will appear in your trading account balance once processed.
Keep in mind that processing times may vary depending on the chosen payment method.
Deposit Crediting Time
The time it takes for deposits to be credited to your account varies by payment method. E-wallet transfers and credit/debit card payments are usually instant. Bank wire transfers can take 1-5 business days to process. Local payment methods in specific countries may have different processing times. Check the broker’s website or contact customer support for the most up-to-date information on crediting times for your chosen payment method.
Deposits, Commissions, and Fees
The broker does not charge fees for making deposits. However, your payment provider might apply transaction fees. It’s advisable to check with your bank or e-wallet service about potential charges.
For wire transfers, intermediary banks may deduct fees from the transferred amount. To ensure your deposit meets the minimum requirement, consider adding a small buffer to cover potential bank fees.
Some payment methods, particularly e-wallets, may have limits on transaction amounts. These limits are set by the payment providers, not the broker. If you plan to make larger deposits, verify the transaction limits for your chosen payment method beforehand.
Benefits of Low Minimum Deposits with Exness
Low minimum deposits make it easier for new traders to enter the forex market. With a small initial investment, beginners can gain real trading experience without risking significant capital. This low barrier to entry allows more people to explore forex trading and determine if it suits their financial goals.
The broker’s low minimum deposit requirement also benefits experienced traders. It enables them to test new strategies or try different account types with minimal financial commitment. Traders can open multiple accounts with various configurations, each starting with a small deposit, to diversify their trading approach or compare performance across different account types.
FAQs
Can I deposit less than the minimum required amount in Exness?
No, depositing less than the minimum required amount is not possible. The system will not process deposits below the specified minimum for each account type.