exinity Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: exinity Account Types Overview
exinity Account Types Explained
Exinity offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
1. Exinity Standard Account
- Minimum Deposit Requirement: $20
- Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commissions.
- Leverage Options: Up to 1:2000.
- Key Features: User-friendly interface, suitable for beginners.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, commodities, indices.
2. Exinity Pro Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Tight spreads from 0.0 pips, commission of $3 per lot.
- Leverage Options: Up to 1:500.
- Key Features: Advanced trading tools, suitable for experienced traders.
- Target User Profile: Advanced and professional traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
3. Exinity ECN Account
- Minimum Deposit Requirement: $1000
- Spread/Commission Structure: Raw spreads from 0.0 pips, commission of $6 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access, low latency execution.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
4. Exinity Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard accounts, but swap-free.
- Leverage Options: Up to 1:2000.
- Key Features: Complies with Sharia law, no swap fees.
- Target User Profile: Muslim traders seeking compliant trading options.
- Trading Instruments Available: Forex, commodities, indices.
5. Exinity Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000).
- Spread/Commission Structure: Same as Standard account.
- Leverage Options: Same as Standard account.
- Key Features: Risk-free environment for practice trading.
- Target User Profile: Beginners and those looking to test strategies.
- Trading Instruments Available: Forex, commodities, indices.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: Pro Account
- Advanced Traders: ECN Account
- Muslim Traders: Islamic Account
- Practice Traders: Demo Account
Part 2: exinity Account Features Comparison
Detailed exinity Account Features
When comparing the features of different exinity account types, consider the following aspects:
Minimum Deposit:
Standard: $20
Pro: $500
ECN: $1000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:2000
Pro: Up to 1:500
ECN: Up to 1:200
Islamic: Up to 1:2000
Spreads (Typical/Minimum):
Standard: From 1.0 pips
Pro: From 0.0 pips
ECN: From 0.0 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
Pro: $3 per lot
ECN: $6 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
Pro: Mini, Standard
ECN: Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
All accounts: MT4, MT5
Execution Type:
Standard: Market Execution
Pro: Market Execution
ECN: ECN Execution
Islamic: Market Execution
Islamic Account Availability:
Yes for Islamic Account only.
Swap-Free Options:
Available for Islamic Account.
Demo Account Features:
Virtual trading environment with real market conditions.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
User-friendly for beginners.
No commissions.
Pro Account:
Tight spreads.
Advanced trading tools.
Suitable for experienced traders.
ECN Account:
Direct market access.
Low latency execution.
Ideal for high-frequency trading.
Islamic Account:
Complies with Sharia law.
No swap fees.
Accessible to Muslim traders.
Demo Account:
Risk-free trading environment.
Practice strategies without financial risk.
Access to all trading instruments.
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
Pro Account:
Higher minimum deposit.
Commissions apply.
ECN Account:
Higher minimum deposit.
Commissions can add to trading costs.
Islamic Account:
Limited to specific trading conditions.
May have restrictions on certain instruments.
Demo Account:
Virtual funds do not reflect real trading conditions.
Limited duration for practice.
Part 3: exinity Account Opening Requirements
exinity Account Registration Requirements
To open an account with exinity, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries, but specific regions may be restricted.
Prohibited Countries: Countries under sanctions or with strict trading regulations may be restricted.
Identity Verification Documents Needed:
Government-issued ID (passport, national ID).
Proof of address (utility bill, bank statement).
Proof of Residence Requirements: Recent documents showing your name and address.
Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
KYC/AML Compliance Procedures
- Clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
- Documentation must be submitted for verification.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: exinity Account Opening Process
Step-by-Step exinity Account Opening Guide
- Visit Website and Click Registration: Navigate to the exinity website and select the registration option.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type based on your trading needs.
- Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
- Document Upload: Upload required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both platforms, but mobile users may need to download the app for account management.
Common Registration Issues and Solutions
-
Issue: Document rejection.
Solution: Ensure documents are clear and meet the specified requirements.
Issue: Delays in verification.
Solution: Contact customer support for status updates.
Average Account Approval Time
- Typically, account approval takes between 1-3 business days.
How to Upgrade/Downgrade Account Types
- Account type changes can be requested through the client area or by contacting customer support.
exinity Demo Account Guide
-
Demo Account Features and Benefits:
Access to real market conditions without financial risk.
Practice trading strategies and familiarize with the trading platform.
How to Open a Demo Account:
Follow the same registration process, selecting the demo account option.
Demo Account Limitations:
Limited duration (typically 30 days).
Virtual funds may not reflect real market conditions.
Virtual Balance Amount:
Usually set at $10,000 for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days unless extended.
Part 6: exinity Islamic Account (if available)
exinity Islamic Account Details
- Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
- Eligibility Requirements: Must provide documentation to confirm Muslim status.
- Differences from Standard Accounts: No swap fees, compliant with Sharia law.
- How to Apply for Islamic Account: Select the Islamic account option during registration.
- Restrictions or Special Conditions: May have limitations on certain trading instruments.
FAQs – exinity Account Types & Opening
- What account types does exinity offer?
- Exinity offers Standard, Pro, ECN, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $20, Pro: $500, ECN: $1000, Islamic: $100, Demo: Virtual funds.
- How long does exinity account verification take?
- Typically 1-3 business days.
- Does exinity offer demo accounts?
- Yes, exinity provides demo accounts for practice trading.
- Can I have multiple account types with exinity?
- Yes, you can open multiple account types.
- Does exinity offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available.
- What documents do I need to open a exinity account?
- Government-issued ID and proof of residence.
- Can I change my account type after registration?
- Yes, account type changes can be requested through the client area or customer support.
Exinity accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .