How long does it take to open an account with Exness?
21.10.2021
09.12.2021
To open an Exness account, simply enter your desired account details in the live trading account form after registering for the Personal Area; the process takes about 5 minutes. Account verification (identity verification) typically takes between 3 minutes and 24 hours to complete after you submit the required documents.
Please note that if there are any omissions or errors in the content, processing may take longer than usual.
Questions in the same category
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Does Exness count archived accounts toward the total number of accounts held?
Yes, at Exness, archived accounts are included in the total number of accounts you hold. You may hold up to 200 live trading accounts per account, and archived (dormant) accounts are also included in this count. It is possible to reactivate an archived account, but you cannot delete it.
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26.01.2024
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Does Exness automatically delete trading accounts that are no longer in use?
No, Exness does not automatically delete accounts. Accounts that have been inactive for a certain period of time are automatically archived (designated as dormant accounts) and moved to the "Archived Accounts" section of the Personal Area. To withdraw funds from an archived account, you must reactivate it.
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26.01.2024
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Do I need to submit new documents when opening an additional account with Exness?
No, you do not need to submit new identification documents when opening an additional account with Exness. However, you can only open an additional account if your primary trading account has already been verified. If your primary trading account has not yet been verified, please submit your identification and proof-of-address documents to complete the verification process.
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26.01.2024
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Is hedging allowed using additional accounts at Exness?
Yes, at Exness, you can engage in hedging across multiple accounts—a practice that is prohibited by many other FX brokers. Exness places no restrictions on hedging, and since you can use multiple accounts to hedge your positions, this expands your trading options. Please feel free to use multiple accounts with confidence.
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26.01.2024
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How many additional accounts can I open with Exness?
At Exness, you can hold up to 200 live trading accounts per account (100 MT4 accounts and 100 MT5 accounts). However, to reduce server load, the maximum number of accounts that can be opened per account type is set at 100 (for Standard Cent accounts, 10 MT4 accounts and 10 MT5 accounts).
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26.01.2024
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Can I change my balance or leverage on an Exness demo account?
Yes, you can adjust the balance and leverage on your Exness demo account. In the Personal Area, you can easily change the balance (virtual money) and leverage of your demo account, allowing you to test various trading strategies or evaluate performance over the long term using a single demo account.
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04.10.2023
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How many demo accounts can I open with Exness?
At Exness, you can open up to 200 demo accounts per account—100 MT4 demo accounts and 100 MT5 demo accounts. In addition to being able to open up to 200 accounts, you can also archive (hide) unused demo accounts, effectively allowing you to use an unlimited number of demo accounts.
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04.10.2023
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Do Exness demo accounts have an expiration date?
No, Exness demo accounts do not expire. As long as you continue to log in periodically—even if you do not trade—you can use the account indefinitely. However, please note that MT4 demo accounts will be automatically deleted if there is no login activity for more than 180 days, and MT5 demo accounts will be automatically deleted if there is no login activity for more than 21 days.
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04.10.2023
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Can a demo account be opened for all account types at Exness?
No, Exness demo accounts are not available for Standard Cent accounts. Demo accounts are available for all account types other than Standard Cent accounts (Standard, Low Spread, Zero, and Pro accounts). Please note that demo accounts are compatible with MT4 and MT5 for all account types.
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04.10.2023
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Is identity verification or a deposit required to open an Exness demo account?
No, you do not need to verify your identity or make a deposit to open a demo account with Exness. As long as you have registered an account with Exness, you can use the demo account for free without any hassle, such as making a deposit or verifying your profile (identity verification). Additionally, once you open a demo account, you can start demo trading right away.
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04.10.2023