Exness Minimum Deposit (how much is it & everything you need to know) (2024)

Exness has a legal presence in different parts of the world. In the United Kingdom Exness is regulated by the Financial Conduct Authority (FCA) where it operates as an Investment Firm (no retail services).

In South Africa Exness is regulated by the Financial Sector Conduct Authority (FSCA) with FSP number 51024, where it operates as a forex broker. Visit Exness global website on www.exness.com

In Kenya Exness operates as a Non-Dealing Forex Broker through Tadenex LTD who are regulated by the Capital Markets Authority (CMA) with license number 162. Visit Exness Kenya website on www.exness.ke

Other Exness regulators include CySEC in Cyprus, FSC in Mauritius, FSA in Seychelles, FSC in the British Virgin Islands, & The Central Bank of Curacao &Sint Maarten.

What is The Minimum Deposit for Exness?

📂Exness Account Type💵Nigeria💵South Africa💵Kenya💵Global
Cent AccountN16, 000R 1891,333 KES$10
Standard AccountN16, 000R 1891,333 KES$10
Pro AccountN800,000R 9, 45566, 650 KES$500
Raw AccountN800,000R 9, 45566, 650 KES$500
Zero AccountN800,000R 9, 45566, 650 KES$500

A minimum deposit means every time you want to deposit money, the amount must not be below the set minimum threshold.Exness minimum deposit depends on your account type.

For Standard Accounts, Exness minimum deposit is $10.

The Standard Account types consist of Cent Account & Standard Account; and they are built for new traders as they don’t offer raw spreads. Standard Account spreads start from 1.0 pip.

For Professional Accounts, the Exness minimum deposit is $500.

The Exness Professional Account line-up comprises the Pro, Raw Spread,& Zero Spread Account types; and they charge lower trading fees than Standard Accounts.

Get more information on Exness Account Types& Trading Fees by reading our Complete Exness Review.

Exness Minimum Deposit in South Africa

Using the current US Dollar to South African Rand exchange rate, the minimum deposit for Exness in ZARis 189.10 ZARfor theStandard Account.The Exness minimum deposit ZAR equivalent for the Professional Account category is 9,455 ZAR.

Exness Minimum Deposit in Nigeria

Exness minimum deposit in Nigeria is $10 around N16, 000 and with this you can open a Standard Account for trading. Exness Professional Accounts require N800, 000 minimum deposit.

Exness Minimum Deposit in Kenya

Exness Minimum Deposit in Kenya is 1,333 KES or $10 (for the Standard Account) and you can deposit through local means including MPESA.

What is the minimum deposit for Exness CopyTrading?

Exness Minimum Deposit (how much is it & everything you need to know) (1)

Social trading or copy trading on Exness is limited to only Forex, Crypto, & Metal trades and to begin you must open a Social Trading Account.

Exness offers twoCopy TradingAccount Types: Social Standard & Social Pro copy trading accounts.

The difference between the two Exness copy trading accounts is that the Social Standard charges higher spreads (from 1 pip) than the Pro Account (from 0.6 pips).

💡 For Exness Social Trading (copy trading) you need to download the Exness Social App

Does Exness offer any Bonus on Deposits?

No, Exness does not offer any deposit bonus to new traders. However, Exness has put conditions in place for cost savings such as swap-free trading (no overnight fees) on almost all their instruments.

What Account Base Currency does Exness Offer?

Exness Minimum Deposit (how much is it & everything you need to know) (2)

Exness offers over 40+ base currencies including Nigerian Naira (NGN), GhanaianCedi (GHS), Kenyan Shilling (KES), South African Rand (ZAR),Ugandan Shilling (UGX),US Cent (USC), US Dollar (USD), Canadian Dollar (CAD) etc.

When your deposit is in the same currency as your account base currency, you don’t pay currency conversion fees to Exness and this helps save cost.

What Deposit Methods does Exness Accept& the Processing Time?

  • Bank Transfer
  • Internet Banking & EFT
  • MPESA by Safaricom
  • Cards
  • Mobile Money
  • eWallets (PayPal is not accepted by Exness)
  • Cryptocurrency

Exness accepts & recommends Bank Transfer deposits and processes them in 30 minutes. Exness minimum deposit via bank transfer is $10

Exness accepts Credit/Debit Cards such as MasterCard, & Visa. Exness also uses 3D (three domains) security when processing card payments for better security. Exness minimum deposit via Cards is $10.

Exness accepts eWallets such as Neteller, Skrill, &SticPay; and processes deposits within 30 minutes. Exness minimum deposit using eWallets is $10. Exness deposits via Neteller & Skrill are only accepted in USD & EUR.

In Kenya, Exness also accept mobile money payments such as MPESA, Airtel Money, etc.

Exness also accepts cryptocurrency deposits, but this is unavailable in certain regions like Africa. The Exness minimum deposit via crypto payment is $10.

Does Exness charge Deposit Fees?

No, Exness does not charge any fees when you make the Exness minimum deposit into your account.

💳 Deposit MethodsFees ⏳ Duration
Online bank transfer$030 minutes
Bank cards$030 minutes
eWallets& Mobile Money$030 minutes
Cryptocurrency$030 minutes

Can I Deposit in A Currency Outside my Account Base Currency?

Yes, you can but Exness will charge you a currency conversion fee as cost of converting your deposit into your account base currency.

Where Does Exness Store my Deposits?

Any funds you deposit with Exness are securely kept in segregated accounts with tier-1 banks. Segregation means that your funds are not mixed with Exness operational funds. Special accounts are crated for client funds only.

Exness doesn’t just store all client funds in one bank, they spread the funds across different tier-1 banks so that even if one bank has a problem, others will be available.

All Exness bank accounts are audited by Deloitte.

Exness has a policy of ensuring that their own bank account used for operations has more money than the summation of all client funds held in segregated accounts. The reason is Exness assets must always exceed liabilities.

Seebelow an excerpt from Exness 2022 financial report as seen on the Exness Website:

Exness Minimum Deposit (how much is it & everything you need to know) (3)

How do I deposit into Exness?

If you are using the Exness Trade Mobile App, login to the app, click on deposit, & select a payment method. AN OTP code will be generated & sent to your mobile number for confirmation.

If you are trading with the Exness MT4 or MT5 platform you need to visit the Exness website, click on sign in, then you are taken to your Exness Personal Area where you click on deposit.

Exness Minimum Deposit (how much is it & everything you need to know) (4)

How can I get Exness assistance if my deposit has issues?

Because Exness customer support groups are online 24/7 including weekends you can reach them at any time through live chat, telephone, or email. Exness also approves deposits on weekends.

FAQs – Exness Minimum Deposit

What is Exness?

Exness is a multi-regulated forex & CFD broker. You can trade forex, Indices, Stocks, Commodities, & Cryptocurrency using Exness platforms such as their mobile app, Web Trader, or MT4/5 using leverage (borrowed funds from Exness) 2,000 times your account balance.

What is the minimum deposit for Exness?

Exness minimum deposit is $10

Can I trade with $10 on Exness?

Yes, you can. The minimum lot size on Exness is 0.01 of a standard lot(meaning 1,000 units) of any instrument you are trading.

The most traded instrument is the EUR/USD currency pair with an exchange rate price of around 1.0785 meaning 1,000 units will cost $1,078.5. However, with an Exness leverage of 1:2000 you only need to put down an initial margin of $0.5.

However, you need to have standby funds in case you get a margin call from Exness asking you to deposit more funds because your losses are almost exceeding your initial deposit of $10.

What is Exness trade App?

Exness Trade is a mobile trading app developed by Exness. You can make deposits into your account from this app.

How do I deposit on Exness?

You can use the Exness Trade Mobile App, or login to your Exness Personal Area on the Exness website to make deposits. When logged in simply click on deposits & select your preferred method.

Can I deposit into Exness with a third-party account?

No, all deposits must come from your own bank account. Third-party account deposits will be declined due to Anti-money laundering laws.

How long does Exness deposit take?

Exness deposits are processed within 30 minutes.

Does Exness Accept MPESA Deposits?

Yes, Exness accepts MPESA as a deposit method.

Does Exness Accept Cryptocurrency Deposits?

Yes, Exness accepts deposits through Crypto.

Does Exness Accept PayPal?

No, Exness does not accept PayPal deposits & withdrawals.

Does Exness accept deposits through South African Banks EFT?

Yes, Exness accepts deposits from South African Banks through Electronic Fund Transfer (EFT)

Exness Minimum Deposit (how much is it & everything you need to know) (2024)

FAQs

Exness Minimum Deposit (how much is it & everything you need to know)? ›

Trading with 10 on Exness

With a deposit of $10, traders have more flexibility in terms of account type and leverage. They can still trade with micro-lots on a Standard Cent account, or they can choose to open a Standard account with a minimum deposit of $50 and trade with mini-lots.

What is the minimum amount to deposit in Exness? ›

What is The Minimum Deposit for Exness?
Exness Account TypeNigeriaGlobal
Standard AccountN16, 000$10
Pro AccountN800,000$500
Raw AccountN800,000$500
Zero AccountN800,000$500
1 more row
Mar 19, 2024

Can I trade with $10 dollars on Exness? ›

Trading with 10 on Exness

With a deposit of $10, traders have more flexibility in terms of account type and leverage. They can still trade with micro-lots on a Standard Cent account, or they can choose to open a Standard account with a minimum deposit of $50 and trade with mini-lots.

Which Exness account is best for beginners? ›

The Standard account emerges as the frontrunner among Exness traders, especially for those venturing into forex trading for the first time. Tailored for beginners, this account type offers fixed spreads, ensuring consistency regardless of market conditions.

Can I trade forex with $10? ›

You can start trading from $10, to $100, $1000, or even more like $15000 and ore. The more to invest, the higher the gains could possibly in your get a return. Forex tends to need high investments to be able to gain a high profit.

Can Exness be trusted? ›

No, Exness is not a scam. Exness is a reputable online multi-asset broker established in 2008 and officially registered and regulated by various financial authorities across the globe. In addition to its strong regulatory framework, Exness prioritizes client security by implementing robust protective measures.

What does Exness require? ›

The personal information required to verify an Exness account includes: Economic profile. Proof of identity. Proof of residence.

Can you withdraw all your money from Exness? ›

Partial refund requests are available to some Exness accounts. The maximum amount that can be withdrawn at any given time is equal to your trading account's free margin. Withdrawals typically require the same method, payment account, and currency used to deposit.

How much does Exness charge per withdrawal? ›

Exness does not charge any fees for withdrawals. Third-party payment processors may have their own fees and charges. The minimum withdrawal limit is $1 for most payment methods, except for bank transfers, which have a minimum withdrawal limit of $50.

Can I start forex with $50? ›

Forex Trading with just $50 is achievable and has the potential to help you supplement your income. However, starting on the right foot is important in order to avoid mistakes and unnecessary losses. So let's get you started on the right foot.

Is Exness worth it? ›

Exness is an ideal broker for both novice and seasoned traders, offering a wide range of trading instruments and advanced features. Its user-friendly platform and competitive spreads make trading hassle-free, while the absence of commission fees further enhances the value for traders.

Can I make money on Exness? ›

Exness, a renowned forex broker, offers a platform for individuals to engage in forex trading and potentially earn substantial profits. If you're wondering how to earn from Exness, this comprehensive guide will provide you with valuable insights and strategies to kickstart your trading journey.

Which broker is better than Exness? ›

Best Broker Alternatives for Exness

Interactive Brokers - 9.9/10 Overall. Saxo - 9.7/10 Overall. CMC Markets - 9.6/10 Overall. FOREX.com - 9.4/10 Overall.

What is the minimum deposit on Exness? ›

1. What is the minimum deposit amount for a standard account? The minimum deposit required to open an Exness standard account is $100. This amount ensures that traders have sufficient funds to engage in various trading activities and take advantage of the opportunities presented by the forex market.

Is $100 enough for forex? ›

In conclusion, starting forex trading with just $100 is possible, but it requires careful planning and risk management. You need to choose the right broker and account type that fits your budget and trading style. Micro accounts are a good choice for beginners with a low budget.

Can I trade forex with $25? ›

Retail forex brokers offer minimum account deposits as low as $25, but that doesn't mean you should enter immediately! This is a capitalization mistake, which often leads to failure. Losses are part of the game, and you need to have enough capital to weather these losses.

What is the least amount to trade in Exness? ›

Standard account and Standard Cent account types do not have a minimum first deposit amount and depend entirely on the minimum deposit amount of the payment method chosen. Professional account types have a minimum first-time deposit of at least USD 200, depending on the regional requirements.

What is the minimal deposit for forex Exness? ›

Raw Spread
ProRaw Spread
Minimum deposit$200$200
SpreadFrom 0.1 pipsFrom 0 pips
CommissionNo commissionUp to $3.50 each side per lot
Maximum leverage1:Unlimited1:Unlimited
9 more rows

What is a minimum deposit limit? ›

A minimum deposit or initial deposit is the minimum amount of money required to open an account with a financial institution, such as a bank or brokerage firm.

Which broker has a minimum deposit of $1? ›

10 Best Forex Brokers with a $1 Minimum Deposit
🔎Broker Name👉 Open Account💰Minimum Deposit
InstaForex👉 Open Account1 USD
SuperForex👉 Open AccountFrom 1 USD
FXOpen👉 Open AccountFrom 1 USD
Admirals👉 Open AccountFrom 1 USD
6 more rows
May 22, 2024

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