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. This is because the scalper places a huge number of entries, which is a problem for traders 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 we try to compare it with others.

Exness broker offers some other kinds of trading account 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 place an entry it opens with some losses. Technically, spreads are the price gap between the assets Buying and Selling price. 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 a loss of $10. The more you place any entry, the broker will get more 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 the spread value. According to the broker, you will get 0 spread in the major currency pairs in 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 problem 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 or 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” box.

After clicking, you will be presented with an account registration box where you have to select the trading terminal, trading password, and 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

Now if this is the case, if the amount of spread in the broker is low i.e. let’s go to trade in EUR / USD currency pair then you see that the spread is 0 pips i.e. if you accept an entry of 1 standard lot, your entry will not start from loss.

On the other hand, the spread in another broker is 12 pips. Then please do a little calculation. Which would be better for you? I hope you can answer yourself. Compared to other brokers, the spread in this broker starts from “0” but it will continue to change above the price movement in the market. However, according to the broker, most of the time the amount of this spread will be around 0. Since the spread is low, it will not take long for your trade to turn a profit. Do you understand?

There are many who are interested in taking a very large amount of entries i.e. scalping or day trading for those who prefer this type of trading account. All you have to do is deposit at least $ 500 as a condition. Nothing more. Please visit the broker’s website for detailed information about this trading account of the broker. Link www.exness.com

Cent Account vs Zero Spread

In the table below we are presenting to you some of the differences between the two popular trading accounts of Exness Broker, Cent Account, and Zero account. We hope you understand from this treble, which trading account suits you better.

Zero Vs Standard

In the table below we are presenting to you some of the differences between two popular trading accounts of Exness Broker, Zero, and Standard account. We hope you will understand the basic difference from this table, which trading account will be better for you.

Zero Vs Raw

In the table below we are presenting to you some of the differences between two popular trading accounts of Exness Broker, Zero, and RAW account. We hope you understand from this table, which trading account will be better for you.

Zero Vs Pro

In the table below, I am presenting to you some of the differences between the two popular trading accounts of Exxon Broker, Zero, and Pro accounts. I hope you understand from this table, which trading account will be better for you.