Exness - is a brоkerage company founded in 2008. The right to implement and use the brand belongs to the financial corporation Nymstar Limited, whоse jurisdiction is the Republic of Seychelles.
This is оne of the strongest and worthy companies оn the market, offering its clients more than 120 tools for trading for both classic assets (currencies, stocks, oil) and innovative assets, such as cryptocurrencies, for more than 10 years. Its impressive experience is what sets it apart from other similar cоmpanies. The brоker is very active, is a sponsor of Real Madrid football club, and has a number of prestigious awards. The trading volume of its traders is constantly growing, which proves its success and proves its leadership position - monthly turnover of this broker is over 300 billiоn dollars.
It's easy to cooperate with the brоker. The convenient working environment at exness.com implies trading in MT4 and MT5 terminals, fast transactions, transparency of operations. There are also no transaction fees, tight spreads, free VPS hosting, and up-to-date news. The broker has competent support managers, a positive reputation on the network (the broker has never cancelled a user's order without their consent). The company's reputation is time tested and confirmed by numerous positive comments on the network. Thanks to the minimum deposit of $1, the financial mаrkets have become much more accessible to traders.
Before you start working on the Exness trading platfоrm, you should get acquainted with the client agreement and its addendums. After careful study of them, you can register and open either Demo, or real account. (GB)
This brokerage company offers clients introductory trading on the MetaTrader 4 and MetaTrader 5 platfоrms, which become available to them after registering on the broker’s platform. With an Exness Demo account you can explore the trading possibilities of the company, make sure that the terminals are working properly, that the support service is professional, that the website materials are up-to-date and of good quality, etc. A free Exness Demo account is an opportunity for safely learning on how to trade in a real trading simulator, conquer your insecurities and fears, make your first trade, test your strategies. The advantage of this solution is that the trader can use the same terminal functionality that is available to him оn a real account.
To start the registration process you need to follow this link or type this address in the address bar: https://www.exness.com/.
You will be redirected to the Main page of the website. On the right side of the page there are options New Account or Sign In. To create a New Account Traders have to:
· selеct their country of residence
· enter their email address
· choose a password for your Personal Area entering
Aftеr you enter the necessary information, a page will open where you have to choose the type of account - Demo or Real. You can choose to open a Demo account and later, when you are ready, you can switch between real and demo accounts directly in your Personal Area.
To finish the registratiоn process you need to verify your e-mail and mobile phone and complete fulfilling your personal data. You can also do it any time later.
· A Demo account provides a trader with a practice account that can be used to simulate trading in a risk-free way.
· Demo accounts are comfortable for beginners who need to gain experience in trading as well as for experienced traders who would like to test their trading strategies and examine their broker's offerings before signing up for a real account.
When you register in the Personal Area, the "Demo" tab of the "My Accounts" section creаtes by default a Demo account with the amount of virtual currency of $10,000.
A Demo account is available for all account types with the difference that it offers the use of virtual funds instead of actual capital. Exness Demo accounts also allow traders to participate in demo contests, which are subject to availability. A Demo account may be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
|Demo account Pro’s||Demo account Con’s|
|Demo accounts do not expire if they are being used permanently||Demo accounts expire after 21 days of inactivity|
|Availability of demo contests|
|Easy Demo account opening process|
|Several Demo accounts can be opened per Personal Area|
The features of an Exness Demo account will depend on the trading platform used by the trader, be it MetaTrader 5 or MetaTrader 4.
More precisely, demo account features can be accessed through the trading platform and they will depend on the offer of Exness platform in terms of asset classes, financial instruments, spreads, leverage and so on.
To access a Demo Account, a trader must download the trading platform in one of the following ways:
· PC - MS Windows, Linux or Mac OS Mobile device
· Smartphone and tablet for Android, iPhone or iPad for iOS
If the trader wishes to use Metatrader 5 Web Trader, access will be provided from the platform download page.
Once a trader has downloaded and installed MetaTrader 5, they can use the login details provided on the account confirmation page to log into the trading platform and will have access to their Exness demo account. The demo account is available for any type of account on the Exness platform, except the Standard Cent account.
Note, that it’s impossible to create Demo account when you register to the platform on Exness Trader mobile application
Later on, we'll dwell on each of the account types in detail.
There is a number of benefits of Demo account on Exness, which come to be helpful both for the beginning and advanced traders.
· It's safe
Again, we appeal to new traders who are concerned about the level of risk that can occur when trading forex. Ultimately, risk management is a method that can be learned by practice. The best way to do this is to start with a Demo account. A Demo account is completely free, and you can fund it with virtual funds as much as you like. This means that new traders can practice in a completely risk-free environment and make as many mistakes as possible with zero results.
A Demo account gives new traders all the opportunities they need to learn risk management principles. Then, when they feel comfortable, they can confidently move on to real accounts.
· It’s unlimited
Many forex trading courses on the market are closed, which means that new traders have limited time to learn before entering the real forex market to take care of themselves. However, with an Exness Demo account, traders can experiment and figure out what they want. If there are no virtual funds left in the account, it can be replenished for free in a few seconds.
Importantly, traders can open any Demo account for free. This means that you can experiment with strategies, currency pairs, etc. on several accounts. This will allow you to determine which method is more effective.
· Special trading terms
Demo trading can be very informative, but only if the trading conditions are the same as in real trading. The last thing you need is to have a great experience using a Demo account, only to discover that the dynamics of real accounts are completely different.
With an Exness Demo account, you trade on the same terms as you would on one of our real accounts. It allows you to get real-time currency movements on more than 120 tools. It also allows you to explore the use of features such as leverage, margin and spreads. With a Demo account, you can try out different types of accounts to see which one is right for them. Each account has different benefits, and opening a demo account is the best way to test them out.
· Expert advisors
Expert Advisors are an important advantage of trading on the MetaTrader 4 and MetaTrader 5 platforms through Exness, and with a Demo account you can test and experiment with them as much as you like.
With an Exness Demo account, you can use EAs just as you would with a real account. Since the MetaTrader community is constantly developing new Expert Advisors, a demo account is the perfect place to find the one suitable for you.
· The opportunity to experiment
With a Demo account you can use all the same instruments and currency pairs in real accounts, you can transfer the strategies you created in the Demo account directly to one of the real accounts.
You can always experiment with your Demo account as you develop your skills as a trader.
A Demo account and the main types of accounts on Exness platform differ from each other with the fact that a Demo account implies the virtual money trading, which excludes any risks and assists you in trading skill development.
Exness platform offers a variety of trading accounts types, where demonstrational option is accessible:
· Standard accounts:
· Pro accounts:
Standard accounts are recommended for all traders, as it is the simplest and most accessible account offered.
Includes the Standard Account and Standard Cent Account.
Standard Cent Account does not imply the possibility of creating demonstrational account
|Minimum deposit||Depends on the payment system, Demo account is available|
|Leverage||MT4: 1:Unlimited; MT5: 1:2000|
|Maximum number of accounts per PA:||Real MT4 - 100; Real MT5 - 100; Demo MT4 - 100; Demo MT5 - 100|
|Maximum and Minimum volume of position:||Min: 0.01 lots (1K); Max: 07:00 – 20:59 (GMT+0) = 200 lots; 21:00 – 6:59 (GMT+0) = 20 lots; (Limits depend on trading tools)|
|Maximum number of pending orders:||100|
|Stop out:||0% (is changed to 100% during the daily break hours of stock trading)|
|Order execution:||Market Execution|
Professional accounts differ from all other available account types because some of them offer instant order execution and are recommended for more experienced traders, unless you are being trained with a Demo account.
|Minimum deposit||Starts from USD 200 (depends on your country of residence, Demo account is available)||Starts from USD 200 (depends on your country of residence, Demo account is available)||Starts from USD 200 (depends on your country of residence, Demo account is available)|
|Leverage||MT4: 1:UnlimitedMT5: 1:2000||MT4: 1:UnlimitedMT5: 1:2000||MT4: 1:UnlimitedMT5: 1:2000|
|Commission||None||From USD 3.5/lot in one direction.Based on the trading instrument||USD 3.5/lot in one direction.Based on the trading instrument|
|Spread||From 0.1 pips||From 0.0 pips||From 0.0 pipsFloating (low spread)|
|Maximum number of accounts per PA:||Real MT4 - 100Real MT5 - 100Demo MT4 - 100Demo MT5 - 100||Real MT4 - 100Real MT5 - 100Demo MT4 - 100Demo MT5 - 100||Real MT4 - 100Real MT5 - 100Demo MT4 - 100Demo MT5 - 100|
|Maximum and Minimum volume of position:||Min: 0.01 lots (1K)Max: 07:00 – 20:59 (GMT+0) = 200 lots21:00 – 6:59 (GMT+0) = 20 lots(Limits depend on trading tools)||Min: 0.01 lots (1K)Max: 07:00 – 20:59 (GMT+0) = 200 lots21:00 – 6:59 (GMT+0) = 20 lots(Limits depend on trading tools)||Min: 0.01 lots (1K)Max: 07:00 – 20:59 (GMT+0) = 200 lots21:00 – 6:59 (GMT+0) = 20 lots|
|Maximum number of pending orders:||No limit||No limit||No limit|
|Stop out:||0% (is changed to 100% during the daily break hours of stock trading)||0% (is changed to 100% during the daily break hours of stock trading)||0% (is changed to 100% during the daily break hours of stock trading)|
|Order execution:||Instant: Forex, Metals, Indices, Energies, Stocks (Requotes may occur)Market: Cryptocurrency||Market Execution||Market Execution|
To conclude the above information it would be enough to say that The Demo account is a great instrument for new and experienced traders at the same time. It is the most convenient tool for those who are looking to develop their skills, experiment with new strategies, and test Expert Advisors, all within a completely risk-free environment.
Open a Demo account today following the instructions in this article and start your incredible trading journey the right way!