Forex trading (promptitude of foreign exchange) has taken control over any other form of online trading on the scale of profit generation.
Nonetheless, you have to shake hands with one of the brokerage houses of the locality to pursue the trading operations, and Exness is one of them.
Being launched in 2008, Exness is one of the online forex trading brokers that has gained significant importance in the forex trading market within a short span. Exness has managed to gain the whole of 60000 active users across the world.
The firm claims to grant all of its customer's various services. And one of the benefits is related to huge opportunities of Exness minimum deposit.
Exness has a variety of trading accounts to offer, and the minimum deposit rate varies for all of their account types. However, the lowest deposit rate of all is 10$( for a standard account).
What is the minimum possible deposit for all types of accounts?
Exness has four main types of live trading accounts to offer to their customers. i.e.
- Exness’s Standard account
- Exness’s Raw account
- Exness's Zero accounts.
- Exness’s Pro account
As mentioned above, the lowest possible deposit rate at exness distinguishes for all accounts. You can find details as under
- For Exness’s standard account: 10 US dollars is the lowest possible deposit for this account with maximum leverage of 1:2000 along with 0.03 pips spreads.
- For Exness's Raw Spread Account, Zero account, and Pro account: minimum deposit for all of these accounts start from 200 US dollars with the leverage of 1:2000 and 0.0 pips spread.
Now that you have a better knowledge of the account's minimum deposits along with their details. Let's jump into the advantages of exness minimum deposit.
Benefits of Exness minimum deposit- opportunities starting from 10$
Access to the demo account.
The first benefit of signing up for a minimum deposit is that you get access to their demo account.
Don't know what a demo account is? It is a free trading account that works as but not is a live trading account. The main purpose of this account is to let beginner traders practice the trade with demo money to avoid the risk of money loss.
The account is best suited for beginners and new traders who are reluctant to put in a wholesome amount of money at the beginning of their career.
Provides instant security
Another benefit of minimum deposit at Exness is that the account holder gets it when they deposit the minimum possible amount in the trading account. Is that they get the maximum security and instant protection of their funds.
Diversity of financial instruments
When a trader signs up for an Exness minimum account deposit, he opens up a gate for more than 80 financial institutions for himself.
These financial instruments encompass all of the instruments like stocks, commodities, currencies, indices, or ETF
Let's convert the minimum deposit to a huge amount.
One of the most significant advantages of exness minimum deposit is that you get a chance to convert that small amount into a wholesome amount of money. How? Through the leverage tool.
But wait, what is leverage too. The leverage tool is one of the popular tools in the forex trading world. The too is equal to that genie who can convert the coins into bricks of gold.
The tool lets you control the position of a far greater amount than you hold in your forex trading amount. Leverage rate is mostly expressed in terms of ratios such as 1:100, 2:200, 1:100, and much more
. So, you have a minimum deposit of 10$ in your account, and you apply the leverage of 100:1, .you are now capable of pursuing trading operations on the sum of 10,000$
However, we don't suggest the tool to beginners as the tool is equal to a double-sided sword through which you can hurt yourself. So the tool usage demands experience.
Lets you trade on an efficient trading platform.
Exness uses two well-known trading platforms that are MetaTrader 4 and MetaTrader 5. MT4 has got some amazing features such as flexible trading, analytics, auto trading, and security.
The trading platform enables a trader to implement various trading strategies using both Instant and Market execution.
On the contrary, MT5 is another version of the same trading platform containing additional features like improved productivity and enhanced interface. Some key features of MT5 are MetaQuotes Language 5, Hedging System, Charts and timeframes, Fundamental analysis, Indicators, and analytical object tools.
So by depositing the minimum asked to deposit in your trading account, you grant yourself access to both of these platforms, which is equal to unlocking the door of success.
Some additional information
Now that you know all of the benefits of exness minimum deposit, we have listed some of the additional but crucial information related to it for your ease of trade.
How to deposit
You can deposit money in your trading account through various platforms such as Internet Banking, Bank Card, Neteller, Perfect Money, Bitcoin, Tether, WebMoney, Skrill, and Internal Transfer.
A quick guide to depositing the minimum amount
- Verify your exness account by providing identity proofs and all of the asked documentation.
- Open your account, access the personal area, and click on the option of 'deposit.'
- Once you click on the option, it will direct you to a new webpage.
- Follow all of the instructions to make your first initial deposit.
There are no deposit fees for any deposit on Exness.
To sum up, Exness is included in one of the reputed forex trading platforms and is the safest platform in terms of fund security.
It offers distinguished commodities and cryptocurrencies to its clients, enabling them to trade. Furthermore, the account has some real benefits for the new traders and hosts attractive loyalty programs for the old ones.
With Exness, you can rest assured of a wholesome user experience.