Key Features of Exness Professional Accounts
Exness offers several account options within its Professional Accounts to support a wide range of trading strategies. Here’s a breakdown of the key features:
| Feature | Details |
|---|---|
| Account Types | MT4 and MT5 platforms available, supporting both manual and automated trading. |
| Leverage | Flexible leverage, offering up to 1:2000 depending on the account type and region. |
| Spreads | Tight spreads starting from 0.0 pips, depending on market conditions and account type. |
| Execution Model | ECN (Electronic Communication Network), ensuring fast execution and direct access to the market. |
| Swap-Free Accounts | Available for clients following Islamic trading principles, allowing for no overnight interest charges. |
| Risk Management Tools | Includes features like stop-loss, take-profit, trailing stop, and guaranteed stop-loss, among others. |
Advantages for Professional Traders
- Tight Spreads: With Exness Professional Accounts, traders can access spreads starting from 0.0 pips. This tight spread can be especially beneficial for scalpers and high-frequency traders who need low costs for their trades.
- High Leverage: Exness offers leverage up to 1:2000, depending on your account type and region. High leverage allows professional traders to open larger positions with less capital, maximizing their potential profit. However, traders should be aware that high leverage also increases potential risk.
- ECN Execution: Exness’s ECN execution model ensures fast, transparent order execution, where trades are directly routed to the market without the intervention of a dealing desk. This provides a clear advantage for traders who need quick access to liquidity and accurate pricing.
- Advanced Risk Management: Exness Professional Accounts provide traders with essential risk management tools like stop-loss and take-profit orders, which help to lock in profits and limit potential losses. These tools are critical for active traders looking to control risk effectively.
- Advanced Platforms (MT4 and MT5): Exness provides both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in the industry. Both platforms come with advanced charting tools, technical indicators, automated trading capabilities (via Expert Advisors), and a range of order types to suit all kinds of trading styles.
How to Register for an Exness Professional Account
Registering for an Exness Professional Account is a quick and simple process. Whether you’re a new trader or a seasoned professional, Exness has made the sign-up process user-friendly, ensuring you can get started with minimal delay. Here’s a step-by-step guide on how to open an Exness Professional Account.
Visit the Exness Website
- Go to the Exness website: The first step is to visit the official Exness website. Make sure you’re on the correct website to avoid phishing or fraudulent sites. Look for the official Exness branding and security indicators in your browser.
- Click on “Open Account”: Once you’re on the homepage, you’ll find a button labeled “Open Account” in the top right corner of the website. Click on this button to begin the registration process.
Create Your Account
- Enter Personal Information: You’ll need to provide basic information like your name, email address, phone number, and preferred password. Make sure the details you provide are accurate, as these will be used for your account verification later on.
- Choose Account Type: During registration, you will be asked to select the type of account you wish to open. Since you’re interested in the Professional Account, choose the Professional account type from the options available. You’ll also be asked to select your preferred trading platform (MT4 or MT5).
- Choose Currency: You’ll need to choose your base account currency. Common options include USD, EUR, and GBP, but you can choose the one that suits your needs based on your trading preferences.
Verification Process
Exness has a strict Know-Your-Customer (KYC) process to ensure the safety and security of all its users. This process is mandatory for all new traders and helps protect against identity theft and fraud. To complete the verification, you will need to upload the following documents:
- Proof of Identity: You will need to upload a government-issued ID or passport. This document must be clear and legible to be accepted.
- Proof of Address: A recent utility bill, bank statement, or official document that shows your name and current residential address will be required. This document should be no older than 3 months.
- Selfie with ID: Some regions may also require a selfie holding your identification document to verify your identity. This ensures that the person opening the account is the same as the one shown on the documents.
Once your documents are uploaded, Exness will verify them. This process typically takes a few minutes, but can take up to 24 hours depending on the volume of verifications being processed.
Deposit Funds into Your Account
- Select Payment Method: Once your account is verified, you can deposit funds into your Professional Account. Exness offers multiple payment methods, including bank transfers, credit/debit cards, and e-wallets like Skrill, Neteller, and more. Choose the method that’s most convenient for you.
- Deposit Minimum: The minimum deposit for Exness Professional Accounts is typically $500. However, the amount may vary depending on the account type and the region you are trading from.
- Fund Your Account: Enter the amount you wish to deposit, and follow the instructions to complete the transaction. Exness typically processes deposits instantly, so you’ll be able to start trading right away once your funds are in your account.
Set Up Your Trading Platform
- Download the Platform: If you haven’t already, download the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform on your computer or mobile device. You can find the download links directly on the Exness website.
- Login to Your Account: After downloading the platform, open it and enter the login details you received from Exness during your account creation. Once logged in, you’ll be able to access your account and start trading.
Start Trading
- Analyze Markets: With your account set up, you can now use Exness’s powerful tools to analyze the market, place trades, and monitor your positions. Exness Professional Accounts come with a range of trading instruments, including forex, commodities, indices, and more.
- Manage Your Risk: Use the available risk management tools like stop-loss, take-profit, and trailing stop to manage your trades effectively and reduce potential losses.
- Trade Responsibly: As a professional trader, it’s important to stick to your trading plan and risk management strategies. Keep track of your trades using the reporting tools available in your Exness account.
Withdraw Your Profits
- Request a Withdrawal: If you’ve made a profit and wish to withdraw, simply log into your Exness account and submit a withdrawal request. Exness supports multiple withdrawal methods, including the same payment methods used for deposits. Withdrawal requests are typically processed within a few hours, depending on the method chosen.
- Processing Times: While some withdrawal methods (like e-wallets) may be processed instantly, others (such as bank transfers) may take up to a few business days.
Comparison of Exness Account Types
To help you choose the best professional account for your needs, here’s a comparison table of the different account types Exness offers:
| Account Type | Spread | Leverage | Minimum Deposit | Commission | Platform |
|---|---|---|---|---|---|
| Standard | From 0.1 pips | Up to 1:2000 | $200 | None | MT4, MT5 |
| Professional | From 0.0 pips | Up to 1:2000 | $500 | $3.5 per lot | MT4, MT5 |
| Zero Spread | 0 pips | Up to 1:2000 | $200 | $3.5 per lot | MT4, MT5 |
| ECN | From 0.0 pips | Up to 1:2000 | $1000 | $3 per lot | MT4, MT5 |
Risk Management Tools and Features
A significant advantage of Exness Professional Accounts is access to a range of risk management tools, which help traders minimize losses and manage their positions effectively. These tools include:
- Stop-Loss & Take-Profit Orders: Set automatic exit points to protect profits and limit losses.
- Trailing Stop: Lock in profits as the market moves in your favor, adjusting your stop loss to a more favorable position.
- Negative Balance Protection: With Exness, you won’t lose more than your account balance, ensuring your trades are safeguarded from extreme market movements.
Access to Exclusive Tools and Resources
Exness also offers a variety of resources to help you make informed trading decisions. The broker provides exclusive access to advanced charting tools, real-time market analysis, and educational content that can help traders sharpen their skills.
For professional traders, Exness also offers institutional-grade tools like Trading Central and Autochartist, which provide real-time technical analysis and automated trade alerts. These tools can be particularly valuable for traders who rely on advanced technical strategies to inform their trades.
Why Choose Exness Professional Accounts?
Exness stands out in the forex market due to its competitive spreads, high leverage, and commitment to transparency. These accounts are ideal for traders who require precision in their trading decisions, as well as those who want to trade with a broker that offers cutting-edge technology and unmatched service.
- Advanced Technology: Exness integrates advanced trading technologies like fast execution and automated trading with their MT4 and MT5 platforms.
- Customer Support: Exness provides 24/5 multilingual support to help you with any issues that may arise.
Whether you’re new to trading or a seasoned pro, Exness Professional Accounts can enhance your trading journey by providing the tools, flexibility, and service you need to succeed.
FAQ
What is a Professional Account at Exness?
A Professional Account at Exness offers advanced features like high leverage (up to 1:2000), tight spreads (starting from 0.0 pips), and ECN execution for experienced traders. These accounts are designed for those who require more control and flexibility in their trading strategies.