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:
- 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.
- 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.
- 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.
- 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.
- 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
Recommended Account Types by Trader Level
- 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
- Visit Website and Click Registration: Navigate to the exis website and click on the registration link.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences and risk tolerance.
- Document Upload: Upload necessary identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required funds to activate your account.
- 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.
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
- What account types does exis offer?
- exis offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
- How long does exis account verification take?
- Verification typically takes 1-3 business days.
- Does exis offer demo accounts?
- Yes, exis provides demo accounts with virtual funds for practice.
- Can I have multiple account types with exis?
- Yes, you can open multiple account types as needed.
- Does exis offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for traders seeking compliance with Sharia law.
- What documents do I need to open a exis account?
- Government-issued ID and proof of residence are required.
- 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+) .