How to Open an Additional Account with Exness

With Exness, opening an additional account allows you to switch between different account types and allocate funds to diversify your risk, making your FX trading experience even more convenient. Open an additional account with Exness and discover the benefits of managing multiple accounts.

Exness offers five account types, each with its own unique features. By opening additional accounts, you can access all of these account types. Exness offers a total of five account types: the Standard Cent and Standard accounts, which are easy to use for all traders from beginners to advanced FX traders, and the Low Spread, Zero, and Pro accounts, which are recommended for intermediate to advanced traders.

Trading conditions—such as order execution methods, spreads, and whether trading fees apply—vary by account type, so it is crucial to choose the account type that best suits your trading style and strategy. Since your choice of account type significantly impacts your performance, we recommend opening additional accounts based on the specific securities and market conditions to ensure you trade in the optimal environment.

Please note that at Exness, you can hold up to 200 live trading accounts per account (100 MT4 accounts and 100 MT5 accounts).After opening a new account, you can open up to 199 additional accounts. However, please note that to reduce server load, the maximum number of accounts that can be opened for each account type is set at 100 (for Standard Cent accounts, up to 10 accounts each on MT4 and MT5, for a total of up to 20 accounts).

At Exness, you can engage in hedging across multiple accounts—a practice that is prohibited by many other FX brokers. By utilizing multiple accounts for hedging, you can expand your trading options and increase your opportunities to generate profits. Hedging involves simultaneously holding both a long and a short position in the same currency pair; it is a trading strategy used to target significant profits or to hedge against risk when aiming to minimize losses.

One characteristic of hedging is that it is subject to strict regulations: domestic FX brokers generally prohibit hedging altogether, while overseas FX brokers typically allow it only within a single account. In this context, using multiple accounts can sometimes result in unintentional cross-account hedging, which may be subject to penalties as a prohibited practice. However, at Exness, there are absolutely no restrictions on hedging, so please feel free to use multiple accounts with confidence.

Since Exness does not charge account maintenance fees, you can use multiple accounts with peace of mind. It is not uncommon for some FX brokers to charge account maintenance fees for accounts that have been inactive for a long time.Even if you open an additional account and allocate funds to it, there may be times when you don’t use that account for a while—perhaps while waiting for a trading opportunity or due to a change in your trading strategy. In such cases, if an account maintenance fee were deducted, it would make it difficult to manage multiple accounts. However, at Exness, there are absolutely no account maintenance fees, so you can enjoy trading across multiple accounts with peace of mind.

To open an additional account with Exness, please log in to your Personal Area from any device, such as a PC, smartphone, or tablet. You can also open an additional account using the "Exness Trading App" provided by Exness. In either case, you can open an additional account by simply entering a few details and selecting your preferred account settings.

The procedure for opening an additional account with Exness is as follows. Please note that you cannot open an additional account with Exness unless your profile verification is complete. If your profile has not been verified, please complete the verification process first.

With Exness, you can open additional accounts and use them for different purposes to trade FX in the most optimal environment. However, please note that there are important points to consider regarding additional accounts and the application process, so please review them in advance.

Please note that at Exness, accounts that have not been used for trading, deposits, withdrawals, or other activities for a certain period of time will automatically be archived (designated as dormant accounts) and moved to the "Archived Accounts" section of your Personal Area. However, accounts with a certain minimum balance will not be archived. Please check the following details, as the inactivity period and minimum balance requirements for archiving differ between MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Please note that in order to withdraw funds remaining in an archived account (dormant account), you must first reactivate the account before proceeding with the withdrawal. To reactivate an account, go to the "Archived Accounts" section of your Personal Area, select the account you wish to reactivate, and click "Reactivate." The account will be reactivated immediately.

At Exness, you can hold up to 200 live trading accounts per account. Additionally, there is a limit of 100 accounts each for MT4 and MT5 (for Standard Cent accounts, the limit is 10 accounts each for MT4 and MT5, for a total of 20 accounts).While Exness allows you to hold a large number of accounts, this total includes archived accounts. Please note that while you can reactivate archived accounts, you cannot delete them.