Exness Standard Account: This broker offers a wide range of trading account services for traders. We have already discussed in detail Cent Account, Zero Account, and RAW Account. However, like these, another trading account is provided which is called Standard Account.
In today’s article, we will discuss some information about this trading account so that you can understand the details of this account type.
This trading account is popular among traders because of some of its trading facilities. The main reason for the popularity of this type of trading account is the required lower investment. Depositing a small amount of $10 is required to start trading.
By registering Exness Standard Account, you can start trading Standard Lot by depositing only $10 in this broker. Exness broker does not charge anything else except spread in this trading account. Also, the broker offers automatic fund withdrawal features too.
First login to the broker’s client cabinet. Use your already registered email ID and password. After logging in, the dashboard will open in front of you where you need to create the Exness Standard Account.
There is a button called “Open New Account” on the dashboard. Please click on it. Now you will come across the details of several types of accounts. From there you will see the information on a trading account called “Standard“. Please click the “Open New Account” button.
Next, a popup page will appear where you need to select your trading terminal, leverage, currency, and password. When everything is fine, click the “Create An Account” button below. Now your trading account is ready to use and you can easily deposit funds into this trading account.
According to the broker, this is their most popular trading account. Because you can start trading hereby depositing the least amount of capital. Also, the broker offers some additional advantages to this account.
- You can start trading in this account by depositing as low as 1 dollar. So, you can start trading with this broker even if you don’t have the ability to deposit large amounts.
- By hearing the name “Standard Account”, you can understand that the lot size of this account is Standard Lot, that is, its unit size is 1Lot = 1,00,000 units. In that case, if you accept the entry of 1 lot or volume, then your profit/loss per pips will be 1*$10 = 10 Dollars. So, even with a low deposit, you can do standard trading if you want.
- Like any other trading account with the broker, you get the benefit of trading with “Unlimited” leverage. That is, through this leverage facility, you will get the benefit of trading relatively large lots using a low balance.
- No additional charges other than spread are required. That is, no commission fee will be applicable.
- Account does not have any restrictions for trading including scalping or hedging.
- Automatic fund execution features are available just like their other trading accounts. You can withdraw your funds within a second even on holidays.
- Free VPS service can be availed. Exness broker offers free VPS to its clients for seamless connectivity and remote access.
Basically, there are many people who have been doing real trading for a long time but the broker they are with is not that good or has several problems. Exness Standard Account is basically for them.
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