Exness Zero Spread – You probably know that “spread” is the only way of making money by any Forex Broker. That means the broker that you are trading can earn profit from your Trading Spread. The spread varies from broker to broker. If your broker charges more spread, then it treats as a loss for you. On the other hand, a low spread broker is more popular because of its nature of trading costs. Many want to start real trade at the lowest spread broker. Many brokers have been providing this facility nowadays. In this article, we are trying to discuss the Exness Zero Spread trading account and its facilities. So let’s get started.
What is Spread?
To begin this article, we need to learn the basics of Forex Spread. Spread is basically when you take an entry, the entry is being started from a little bit loss. This loss is called spread in Forex Trading. If we make it easier, the gap between the buy and sell of a currency pair is called the spread.
Spread is the only way that a broker can earn profit from you and by using this amount broker handles all its activities and expenses. In a word, this spread is the source of income for the broker.
As we told earlier, spread varies from Broker to Broker. It has no defined boundary. For example, if you trade in an OCTAFX Broker, they have a spread of up to 12-15 pips, which means that if you take 1 standard lot entry, your trade will start from $12-$15 losses. In other ways, the spread is the loss for traders from one side. If your broker charges higher spread then it occurs more loss for your trade.
Exness Zero Spread: Advantages
Now if that is the case, One broker who went to trade in the currency, say the EUR/USD currency pair, sees that the spread is 0 pips.
On the other hand, the spread of another broker is 12 pips. So please do a little calculation. Which one will be good for you? We hope you can answer it by yourself.
Lower is Better!
The spread of this broker starts at “0” when compared to other brokers, but will continue to change over the price movement of the market. However, most of the broker’s data indicate that the spread will be close to 0. Since the spread is low, it will not take time for your trade to come to profit. We hope you can do the math.
Exness Zero Spread summary |
|
Types of Account |
Zero Spread |
Lowest Deposit | $500 |
Maximum Leverage | 1:Unlimited |
Account Registration link |
www.exness.com |
Commission | $3.5/lot |
Spread starts from | 0 pips |
Hedge & Swap-Free Trading | Allowed |
Order Execution | Real-Time Market |
Looking for something else?
Our recommendation is –
- Exness RAW Spread Account
- Exness Social Trading Account
- Exness Cent Trading Account
- Exness Standard Trading Account
Exness ZERO Spread Account Registration
We hope you already understand this Zero Spread Account. The main difference between this zero account with other trading accounts is its spread. We will discuss it more thought this article but at first, we have to register Exness Zero Spread Account. Please visit the broker official website – www.exness.com.
After clicking the link, you will be redirected to the Broker Website and from there please click Trading > Professional and then click on MT4 from there and see that there are 3 types of accounts. From there, click on the “Open Zero Account” and register a trading account by selecting your residence, email address, and password.
Once the account registration process is complete, you must first verify it completely. For details on the complete verification process, please read the Exness Verification article in detail and verify the trading account accordingly.
Exness Zero Spread: FAQ
- Question: I have already registered in this broker now can I open this Exness Zero Spread?
Answer: Of course you can. Please login to your client cabinet and go to the account section. Then you will have the benefit of registering these account types. You do not have to re-register for this. Learn more on the broker’s website– www.exness.com - Question: What kind of commission will be deducted?
Answer: For 1 standard lot, the commission will be deducted at $ 3.5 for each entry and will be deducted only once. - Question: Are there rules for any position?
Answer: No However, you can take up to 200 standard lot at a time.
- Question: Is Scalping allowed?
Answer: Of course you can. Exness Zero Spread Account is basically for those who like to trade scalping. Since the spread is low, less spread will always be beneficial for your trading.
- Question: Are there any special rules or restrictions?
Answer: No! You can trade the way you are trading in your existing trading account. At the same time, other features like instant deposit and withdrawal are remaining the same as like other account types
Difference between other Accounts
Zero Account Vs Standard Account
Account Types | ZERO | Standard |
---|---|---|
Minimum deposit | $500 | $1 |
Leverage up to | 1:Unlimited | 1:Unlimited |
Commission per lot/ side | $3.5/lot | N/A |
Spread from | 0.0 | 0.3 |
Margin Call | 30% | 60% |
Swap-free for Muslim countries |
Available | Available |
Zero Account Vs Raw Spread Account
Account Types | ZERO | RAW |
---|---|---|
Minimum deposit | $500 | $500 |
Leverage up to | 1:Unlimited | 1:Unlimited |
Commission per lot/ side | $3.5/lot | $3.5/lot |
Spread from | 0.0 | 0.0 |
Margin Call | 30% | 30% |
Swap-free for Muslim countries |
Available | Available |
ZERO Account Vs Pro Account
Account Types | Cent | Pro |
---|---|---|
Minimum deposit | $1 | $500 |
Leverage up to | 1:Unlimited | 1:Unlimited |
Commission per lot/ side | N/A | N/A |
Spread from | 0.3 | 0.1 |
Margin Call | 60% | 30% |
Swap-free for Muslim countries |
Available | Available |
Summary: There are many who are interested in getting a lot of entry like scalping or day trading for those we recommend this kind of trading account. As a prerequisite for this, you only need to deposit at least $500 Amount. For detailed information about this broker’s trading account, please visit the broker’s website- www.exness.com.
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