Exness Zero Spread Account

The journey of the Exness Zero Spread Account started at the end of October 2019. There are many traders who prefer to do scalping which requires a lower spread trading account. Generally, the scalper takes a huge number of entries, which could be a problem if the spread is high.

This Zero Spread Account is basically special for such traders. If you are a scalper then this trading account is ideal for you. In today’s article, we will discuss some of the special features of this trading account and also try to compare it with others.

Exness broker offers some other kinds of trading accounts that you can use based on your personal preferences. Such as Cent Account, Standard Account, Raw Account, and Social Trading Account. If you want to know more then you can have a look at those articles.

What is the spread?

Spread is basically when you take an entry it opens with some early losses. Technically, spreads are the price gap between the assets Buying and Selling prices. Brokers basically make a profit through this spread and manage all of their operations. In simple words, this spread is the source of income for any retail forex broker.

Now the amount of spread varies from broker to broker. It has no definite boundaries. Imagine, you are trading on “ABC Broker” and their spread starts from 10 pips. So, if you place a standard lot (1) entry, your trade will start with an early loss of $10. The more you place any entry, the broker will earn more profit from your trading.

You can learn more about this and its relation with the BID and Ask price in our “Spread classification” article.

Registration Process

The main difference between this Zero account with other trading accounts is its spread value. According to the broker, you will get 0 spread in the major currency pairs the 90% of the trading time.

So, for those who are looking for a new broker who offers a comparatively lower spread, this trading account may be ideal for them. First of all, you need to register a trading account. In order to do that, please visit the broker’s official website www.exness.com.and follow the onscreen instructions carefully.

If you face any problems then our account registration guide may assist you further. Please read the Exness Signup article if you want to know the details of the account registration process.

Once the account is registered, please log in to your client cabinet by providing your registered email id and password.

After logging in, a dashboard will open in front of you. There is a button called “Open New Account” on the top right side. Click on it.

After clicking on this button, another new page will appear in front of you showing you the details of different types of trading accounts. From there, click on the “Real Trading Account” button in the “Zero” section.

After clicking, an account registration box will appear where you have to select the trading terminal, trading password, and your desired currency. Fill out the form correctly and click on the “Create New Account” button below.

After clicking the button, Exness Zero Spread Account will be registered properly. And account details will be notified to you via email.

Benefits

Let’s do some math and see how a zero-spread account will help traders to minimize their early losses.

Just imagine, that you are trading with a broker who charges 8/10 pips per standard lot. So, when you take any entry then your order will be placed with an early loss of 8-10 USD.

On the other hand, a zero trading account does not charge any extra spread for trading. So, when you take any entry in such a trading account then your order will be placed without early losses. As a result, you will get an early profit of 8-10 USD compared to other types of trading accounts.

If you are interested to trade with a lower spread trading account and do scalping then Exness Zero Spread Trading Account will be ideal for you. All you have to do is deposit at least $200 as a condition. Nothing more. Please visit the broker’s website for detailed information. Link www.exness.com

Cent vs Zero

In the table below we have highlighted some of the key differences between the brokers offering two popular trading accounts Cent Account, and Zero account. You will get some ideas and can easily find out, which trading account suits you better.

Zero Vs Standard

In the table below we have highlighted some of the key differences between the brokers offering two popular trading accounts Standard Account, and Zero account. You will get some ideas and can easily find out, which trading account suits you better.

Zero Vs Raw

In the table below we have highlighted some of the key differences between the brokers offering two popular trading accounts RAW, and Zero account. You will get some ideas and can easily find out, which trading account suits you better.

Zero Vs Pro

In the table below we have highlighted some of the key differences between the brokers offering two popular trading accounts Pro, and Zero account. You will get some ideas and can easily find out, which trading account suits you better.