Exness is a leading online forex and CFD broker providing trading services to clients in South Africa and around the world. If you're interested in registering an account with Exness, this guide will walk you through the process step by step.
Before you can start trading, you'll need to fund your account. Exness offers various funding options, such as bank transfers, credit/debit cards, and e-wallets. Choose the method that works best for you and follow the instructions to deposit funds into your account.
Standard accounts are suitable for both beginners and experienced traders. They offer a range of features, including competitive spreads, no commissions, and flexible leverage options. Standard accounts are available in several variations, such as the Standard Cent Account (ideal for beginners) and the Standard Account (suitable for more experienced traders).
Professional accounts cater to more experienced traders and offer additional benefits, such as tighter spreads, faster execution, and higher leverage options. The most common professional account types include Raw Spread and Zero accounts.
Registering an Exness account in South Africa is a simple process that involves providing personal information, verifying your identity and address, and choosing a suitable trading account type. Once your account is registered and funded, you can access Exness's wide range of trading tools and resources to help you navigate the financial markets. With various account types available, you can find one that fits your trading style and experience level, making Exness a great choice for traders in South Africa in 2023.
Are there any fees associated with registering an Exness account?
No, registering an Exness account is completely free. However, you may encounter fees when funding your account, depending on the deposit method you choose.
Can I register multiple Exness accounts?
You can have multiple trading accounts under a single Exness profile. However, creating separate profiles with different email addresses is against Exness' terms and conditions.
How long does it take for Exness to verify my identity and address?
The verification process typically takes up to 24 hours, but it may take longer during peak periods or if additional documentation is required.
Are there any minimum deposit requirements for Exness accounts?
Minimum deposit requirements vary depending on the account type. For example, a Standard Cent Account has a minimum deposit of $1, while other account types may require a higher minimum deposit.
Is Exness a regulated broker?
Yes, Exness is a regulated broker and holds licenses from several reputable regulatory bodies, such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. This ensures that Exness operates in compliance with strict regulatory guidelines, providing a secure and reliable trading environment for its clients.
General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. Learn More
CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.