Exness Account Type
Exness offers two main types of accounts for social trading: MT4 Social Pro and MT4 Social Standard. Both account types cater to strategy providers (SP) and have unique trading conditions. Here are the specifics for each account type:
MT4 Social Standard
- Minimum Deposit: USD 500
- Spread: Refer to contract specifications
- Commission: 0% - 50% (increment of 5%)
- Maximum Leverage: 1:200
- Instruments Available: Forex, Metals, Cryptocurrency
- Minimum Lot Size: 0.01
- Maximum Number of Positions: 100
- Hedged Margin: 0%
- Margin Call: 30%
- Stop Out: 0%
- Order Execution: Market (Instant for Forex and Metals, Market for Cryptocurrencies)
MT4 Social Pro
- Minimum Deposit: USD 500
- Spread: Refer to contract specifications
- Commission: 0% - 50% (increment of 5%)
- Maximum Leverage: 1:200
- Instruments Available: Forex, Metals, Cryptocurrency
- Minimum Lot Size: 0.01
- Maximum Number of Positions: 100
- Hedged Margin: 0%
- Margin Call: 60%
- Stop Out: 0%
- Order Execution: Market (Instant for Forex and Metals, Market for Cryptocurrencies)
Investment Accounts
- Minimum First Deposit: USD 10 (default)
- Maximum Investment: Strategy equity × tolerance factor or total equity (whichever is lower)
- Maximum Total Equity: USD 200,000
Exness Broker Account Opening Process
To open an account with Exness, follow these steps:
Select Account Type: Choose between the MT4 Social Pro or MT4 Social Standard account types based on your trading style and requirements.
Complete Registration: Visit the Exness website and provide the required personal information, including name, address, and contact details.
Deposit Funds: The minimum deposit for both account types is USD 500, which must be made in a single transaction.
Verify Identity: Submit necessary identification documents for verification to comply with regulatory requirements.
Start Trading: Once your account is verified and funded, you can begin trading and setting up your strategies for social trading.
For more detailed information, you can refer to the Exness Social Trading account types and conditions.
SPS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .