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Rating Index

Pros

Offers a variety of trading platforms including MT4 and MT5, catering to different trader preferences.
Provides access to a range of financial instruments, allowing for diversified trading strategies.
Claims to have competitive spreads and leverage options, which can be attractive for traders looking to maximize potential returns.

Cons

Regulatory status is questionable, with indications of being a suspicious clone with a Vanuatu retail forex license.
Negative reviews and reports suggest difficulties in withdrawing funds, raising concerns about the broker's reliability.
Customer support has been criticized for being unresponsive and unhelpful, leading to frustration among users.

EXIS broker Accounts

exis Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: exis Account Types Overview

exis Account Types Explained

exis offers several account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available:

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
  • Leverage Options: Up to 1:500.
  • Key Features: Ideal for beginners, access to all trading instruments, user-friendly platform.
  • Target User Profile: Beginners and casual traders.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.0 pips, commission of $3 per lot.
  • Leverage Options: Up to 1:200.
  • Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
  • Target User Profile: Advanced traders and scalpers.
  • Trading Instruments Available: Forex, commodities, indices.
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot.
  • Leverage Options: Up to 1:300.
  • Key Features: Enhanced trading conditions, priority execution, advanced tools.
  • Target User Profile: Professional traders and institutions.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
  1. Islamic Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account, no swap fees.
  • Leverage Options: Up to 1:500.
  • Key Features: Compliant with Sharia law, no interest on overnight positions.
  • Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
  • Trading Instruments Available: Forex, commodities, indices.
  1. Demo Account
  • Minimum Deposit Requirement: Virtual funds (typically $10,000).
  • Spread/Commission Structure: Same as Standard Account.
  • Leverage Options: Up to 1:500.
  • Key Features: Risk-free environment for practice, access to all trading instruments.
  • Target User Profile: Beginners and traders looking to test strategies.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Account Type Minimum Deposit Spread (Min) Commission Leverage Target User Profile
Standard $100 1.0 pips None 1:500 Beginners
ECN $500 0.0 pips $3/lot 1:200 Advanced traders
Pro $1,000 0.5 pips $2/lot 1:300 Professional traders
Islamic $100 1.0 pips None 1:500 Muslim traders
Demo Virtual funds 1.0 pips None 1:500 Beginners and testers

  • Beginner: Standard Account
  • Intermediate: Pro Account
  • Advanced: ECN Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Part 2: exis Account Features Comparison

Detailed exis Account Features

When comparing features across different account types, heres what you can expect:

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: Virtual funds

  • Maximum Leverage:

  • Standard: 1:500

  • ECN: 1:200

  • Pro: 1:300

  • Islamic: 1:500

  • Spreads (Typical/Minimum):

  • Standard: 1.0 pips

  • ECN: 0.0 pips

  • Pro: 0.5 pips

  • Islamic: 1.0 pips

  • Commission Fees:

  • Standard: None

  • ECN: $3 per lot

  • Pro: $2 per lot

  • Islamic: None

  • Lot Size:

  • Standard: 1.0 lot

  • ECN: 0.1 lot

  • Pro: 1.0 lot

  • Islamic: 1.0 lot

  • Available Trading Platforms:

  • All account types support MT4 and MT5.

  • Execution Type:

  • Standard: Market execution

  • ECN: ECN execution

  • Pro: Instant execution

  • Islamic Account Availability:

  • Yes, available for Standard and Islamic accounts.

  • Swap-free Options:

  • Available for Islamic accounts.

  • Demo Account Features:

  • Virtual funds, access to all trading instruments, and same trading conditions as Standard Account.

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit.

  • User-friendly for beginners.

  • Access to all trading instruments.

  • ECN Account:

  • Tight spreads for scalping.

  • Direct market access.

  • Ideal for high-frequency trading.

  • Pro Account:

  • Enhanced trading conditions.

  • Priority execution.

  • Advanced trading tools.

  • Islamic Account:

  • Compliant with Sharia law.

  • No interest on overnight positions.

  • Demo Account:

  • Risk-free trading environment.

  • Ideal for practicing strategies.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN.

  • ECN Account:

  • Higher minimum deposit required.

  • Commission fees apply.

  • Pro Account:

  • Requires a higher minimum deposit.

  • Commission fees apply.

  • Islamic Account:

  • Limited to specific trading conditions.

  • Demo Account:

  • Virtual funds may not reflect real market conditions.

Part 3: exis Account Opening Requirements

exis Account Registration Requirements

Eligibility Criteria:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to residents in most countries; specific restrictions may apply.
  • Prohibited Countries: Countries under international sanctions may be restricted.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or national ID).
  • Proof of income (if applicable).
  • Proof of Residence Requirements:
  • Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

  • All applicants must complete Know Your Customer (KYC) checks.
  • Anti-Money Laundering (AML) procedures are in place to verify the identity of clients.

Verification Time Frames

  • Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: exis Account Opening Process

Step-by-Step exis Account Opening Guide

  1. Visit Website and Click Registration: Navigate to the exis website and click on the registration link.
  2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload necessary identification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required funds to activate your account.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile, but mobile may require additional permissions for document uploads.

Common Registration Issues and Solutions

  • Issue: Document upload fails.

  • Solution: Ensure documents are clear and in the correct format (PDF, JPEG).

  • Issue: Verification delays.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically ranges from 1 to 3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

  • Log into your account and navigate to the account settings section to request an upgrade or downgrade.

Part 5: exis Demo Account Information

exis Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading strategies.
  • Access to all trading instruments available in live accounts.

How to Open a Demo Account

  • Visit the exis website and select the demo account option, then follow the registration steps.

Demo Account Limitations

  • Limited to virtual funds, which may not reflect real market conditions.

Virtual Balance Amount

  • Typically set at $10,000 for practice.

Demo vs Live Account Differences

  • Demo accounts use virtual funds and do not involve real money, while live accounts require actual deposits and trading.

Duration/Expiry of Demo Accounts

  • Demo accounts typically remain active for 30 days, after which they may expire unless extended.

Part 6: exis Islamic Account Details

exis Islamic Account Details

Swap-free/Islamic Account Availability

  • Islamic accounts are available for traders seeking compliance with Sharia law.

Eligibility Requirements

  • Must provide documentation confirming the need for an Islamic account.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees on overnight positions.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

  • Islamic accounts may have specific trading conditions, including limitations on certain instruments.

FAQs – exis Account Types & Opening

  1. What account types does exis offer?
  • exis offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
  1. How long does exis account verification take?
  • Verification typically takes 1-3 business days.
  1. Does exis offer demo accounts?
  • Yes, exis provides demo accounts with virtual funds for practice.
  1. Can I have multiple account types with exis?
  • Yes, you can open multiple account types as needed.
  1. Does exis offer Islamic/swap-free accounts?
  • Yes, Islamic accounts are available for traders seeking compliance with Sharia law.
  1. What documents do I need to open a exis account?
  • Government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can request to upgrade or downgrade your account type in your account settings.

EXIS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
EXIS Account