- Available Funding Methods and Currency Bases
- Exness Deposit Overview
- How to Deposit with Exness
- Exness Deposit Limits and Fees
- Advantages of Depositing Funds with Exness
- Exness Withdrawal Guide
- How to Withdraw Funds from Exness
- Trade on the Go with the Exness Mobile App
- Security Measures for Safe Transactions
- Tips for a Smooth Transaction Process
- Customer Support and Assistance
- FAQs about Exness Payments
Besides offering favorable trading conditions and a wide range of trading products, Exness offers friendly deposits and withdrawals. However, beginners need to understand the deposit and withdrawal processes available for online trading in order to effectively manage their accounts.
This online trading guide will provide you with important information on available deposit and withdrawal methods when transacting with Exness. We’ll also explore the typical timeframes traders can expect when depositing and withdrawing, as well as tips to speed up your withdrawals.
Available Funding Methods and Currency Bases
Exness provides you with a wide range of payment options, each with a minimum deposit limit and processing time. Here is a complete list of available financing methods for Exness merchants:
- Bank Transfer
- Webmoney
- Wire Transfer
- Credit/Debit Cards
- Perfect Money
- Skill
- Neteller
Note that different countries may support different payment methods, so check the available options in your jurisdiction before you make a deposit. You can find a full list of available payment methods in your Personal Area. You will also see the reason why any method may be blocked in your area.
Exness Base Currencies
Exness features different base currencies depending on the type of trading account you choose. For a standard account, you can use different currencies, including:
ARS, AED, AZN, AUD, BND, BHD, CHF, CAD, CNY, EUR, EGP, GHS, GBP, HUF, HKD, INR, IDR, JPY, JOD, KRW, KES, KWD, KZT, MXN, MAD, MYR, NZD, NGN, OMR, PKR, PHP, SAR, QAR, RHB, SGD, UAH, USD, UGX, UZS, XOF, VND, ZAR.
Note that you cannot change the base currency after setting up your trading account. As such, any deposits you make using other currencies will incur conversion charges. That said, it is very important to choose the right base currency to avoid unnecessary expenses. However, you can open multiple Exness trading accounts for different base currencies in the same personal area.
Exness Deposit Overview
When depositing money into your Exness trading account, you will have several banking options, including the following.
Credit/Debit Cards
Exness accepts Mastercard, Visa, and credit cards from major banks worldwide. To deposit using your debit or credit card, simply enter your bank card details and the amount to deposit. This option is quick and easy to use, but you may incur transaction charges from your bank.
Direct Bank Transfers
Exness allows online merchants to fund their accounts from their bank accounts through wire transfers and other direct bank transfer techniques. To fund your trading account using this method, you will need to obtain Exness account details and initiate the transfer from your bank’s online portal or visit your branch. Funds usually appear in your trading account within 72 hours, but no fees are charged and deposit limits are high.
E-wallet
Exness also accepts a wide range of digital wallets such as Skrill, Neteller, and Perfect Money. You can easily link these digital wallets to your Exness trading account and deposits are instant. However, not all merchants may be comfortable with the involvement of third parties.
Cryptocurrencies
Crypto enthusiasts can fund their Exness trading accounts with digital currencies like Bitcoin, Tether, Ethereum, and others. You will only need to transfer the digital coins from your wallet to the Exness address and the funds will appear in your account once your transaction is confirmed. Fortunately, there are deposit fees for cryptocurrencies, although these assets can be extremely volatile.
How to Deposit with Exness
While Exness features a wide variety of deposit methods to fund your account, the process is quick and easy to understand with these simple steps:
- Go to the official Exness site or app and log in to the personal area of your account. New traders on Exness must first create their accounts.
- Once you are logged into your personal area, click on the “Deposit” option on the side menu.
- Choose the payment method you want, from credit cards and bank transfers to e-wallets and cryptocurrencies.
- Enter your Exness account number, your chosen base currency, and the amount to deposit. When you’re done, click “Next”.
- Counter-check your deposit details and confirm your payment.
- Your app or web browser will automatically redirect to your payment provider and you can follow the instructions provided on your screen to accept the payment request. Once that’s done, your payment provider will process your payment and the funds will appear in your account.
Exness Deposit Limits and Fees
Exness deposits must meet specified limits and you may incur certain fees depending on the payment method you choose. However, different types of trading accounts have set limits, so it’s important to check the description from your account profile and help section. For example, a standard trading account features a minimum deposit limit of $1, while a professional account has a $200 limit.
Besides account type, the payment methods you choose will also dictate the minimum deposit you can make:
- Yandex Money – 1 USD
- Credit/Debit Cards – 3 USD
- PerfectMoney – 2 USD
- Skrill – 10 USD
- Neteller – 10 USD
- Internal Transfer – 1 USD
Exness usually does not charge any fees to fund your trading account, but your chosen payment provider may charge you some fees. Processing time for deposits also depends on your chosen payment system. However, most deposit systems transfer your funds instantly within seconds once the transfer confirmation is completed.
Advantages of Depositing Funds with Exness
Exness believes that all deposits to your trading account should be easy, fast, and secure. Apart from providing a wide range of payment options, Exness also provides merchants with other advantages including:
- Exness traders can deposit their funds at any time, including public holidays and weekends.
- All Exness deposits are free, although some banks, credit card providers, and third-party payment systems may charge additional transaction fees.
- Deposits are secure as Exness does not allow third parties to make payments on behalf of its users.
- Some deposit methods are instant, meaning you can fund your account and start trading within minutes.
- Standard online trading accounts at Exness have a minimum deposit requirement, although the amount may vary depending on the payment method you choose.
Exness Deposit Bonus
Although Exness offers an impressive range of financial instruments, it does not provide any deposit bonus and it is not in line with their core ideological values. Instead, Exness allows their customers to earn a steady income through their partnership programs. You can join the broker program and earn up to 40% of their revenue from each trader you introduce to Exness or earn up to $1850 for each client through their affiliate program.
Exness Withdrawal Guide
Withdrawals are an important factor for online trading as they allow you to access your funds. When trading with Exness, withdrawal options are similar to deposits and they include:
Bank Cards: Exness traders can initiate withdrawals via Visa, Mastercard, and other credit cards. Withdrawals are processed within one business day, but there are withdrawal limits and bank fees.
Bank Transfers: You can ask Exness to transfer your funds directly by providing them with our bank details to initiate the transfer. These withdrawals arrive within 1-3 business days for most banks, but no fees are charged.
E-wallet: Linking e-wallets such as Skrill and Neteller allows you to withdraw from Exness and receive your funds within minutes. However, there are possible third-party transaction fees in some cases.
Cryptocurrencies: Crypto enthusiasts can cash out from Exness to their digital wallets. These transactions are fast, secure and charge no fees.
How to Withdraw Funds from Exness
You can withdraw your money from Exness using different payment methods in these simple steps:
- Visit the official Exness site and log in to the Personal Area of your account.
- Select the “Withdrawal” option from the side menu located on the left side of the page.
- Select your preferred payment method.
- Enter your Exness account details, your currency, and the amount to withdraw, then click “Next”.
- Counter-check your withdrawal details and enter the code you receive via SMS before confirming your payment.
- Provide the credentials for your target payment account such as account name and bank name to complete your transaction.
Exness Withdrawal Time
The processing time for withdrawals varies depending on which method you choose:
- Bank transfers: 1-7 days.
- E-wallet and bank card: Instant – 24 hours.
- Cryptocurrency: up to 24 hours.
Exness Withdrawal Limits and Fees
To ensure fairness and transparency, Exness has several policies regarding withdrawal limits and fees. Here are some important points to remember:
- Exness does not charge any withdrawal fees, but some third-party payment processors may have their own fees.
- The minimum withdrawal limit for most payment methods is $1, except for direct bank transfers, which allow a minimum withdrawal of $50.
- Exness reserves the right to reject any withdrawal request that does not comply with their policies.
Exness Withdrawal Issues
While Exness strives to make the withdrawal process smooth, there are some cases where withdrawal requests may experience delays or rejections. Here are common withdrawal problems that Exness traders may encounter.
Incorrect Withdrawal Details
Entering incorrect or incomplete information in your withdrawal request can lead to delays and processing errors. That’s a common issue that many online Exness merchants face, especially when operating multiple accounts or using different banking methods. As such, it is important to double-check your payment details, including names, account numbers and banking method details before you submit your withdrawal request.
Incomplete Account Verification
Unverified trading accounts at Exness may face withdrawal limits due to the company’s strict KYC and anti-money laundering policies. These policies are put in place to guarantee the security and safety of their traders’ funds. As such, it is very important to complete their verification process by uploading your proof of address and valid identity documents to avoid delays and frustrations when withdrawing your funds.
Incompatible Payment Methods
In general, Exness requires withdrawals to be processed using the same banking method you chose for deposits. Attempting to withdraw your funds through another payment method may result in rejection. For example, if you deposit your funds via debit/credit cards, you will need to use the same account to withdraw your funds. Merchants who wish to change their payment method will need to update the details in their account settings before requesting a withdrawal.
Technical Issues
Although rare, technical issues can also cause issues with withdrawing your Exness funds. These technical issues may include server downtime, system maintenance, and other unforeseen events. If that happens, it’s best to contact the Exness customer support team for help with your withdrawal request.
Trade on the Go with the Exness Mobile App
For smooth operations, Exness does a great job of ensuring that their online traders have access to a reliable mobile trading app. This advanced mobile trading app delivers a desktop-like experience that meets the needs of all traders. As a result, traders can access the features and tools available in the desktop version through their smartphones.
Some of the key features of the app include:
- It gives online traders access to various indicators to analyze trading charts and implement various strategies.
- The Exness app helps traders keep up with economic trends, reading analysis of price patterns, and accessing important market news.
- Management of trading accounts including demo accounts.
- Access to in-app calculators for accurate swap, spread, and margin calculations.
In addition to these features, the Exness app allows you to instantly deposit, access more than 130 financial instruments, and withdraw your funds on demand. Additionally, the Exness app offers a seamless customer support team to ensure you can invest with the confidence that your funds will be secure anywhere.
Security Measures for Safe Transactions
Investing in financial instruments features an element of risk, but Exness has diverse security measures to secure your trading experience. These security measures include:
Robust Account Security Features
Exness takes a two-step approach to securing your account. Their robust data encryption protocol stands as the first line of defense, ensuring traders’ personal information is safe. That means the data you share with Exness is secure from prying eyes.
Apart from its solid encryption protocols, Exness works hard to provide a two-factor authentication system for its traders. Besides using your password to log into your personal area, the Exness app sends you a unique code to your mobile phone to verify your identity every time you want to access your account.
Segregated Client Accounts
To secure traders’ funds, Exness features segregated client accounts to keep your funds separate from company funds. This minimizes the risk of misappropriation or misappropriation of funds, increasing the level of transparency and protection when handling traders’ funds.
Compliance with KYC Requirements
To verify the identity of their merchants, Exness strictly adheres to KYC requirements. When opening an account, you need to provide certain documents that prove your location and identity. That helps to prevent money laundering, fraud, and other illegal activities, maintaining the integrity of the platform and protecting the interests of traders.
Tips for a Smooth Transaction Process
To ensure a smooth and user-friendly experience when depositing and withdrawing your funds on Exness, here are some practical tips to keep in mind:
- Verify your account immediately by providing relevant identification documents to avoid any deposit or withdrawal restrictions.
- Use the same payment method for all your deposits and withdrawals to avoid potential issues with receiving your funds.
- Monitor your account balance to make sure you have enough money in your account before placing a withdrawal request.
- Counter-check banking details when making deposits and withdrawals to ensure there are no processing delays or errors.
- Contact the customer support team for assistance if you encounter any technical issues with your deposits or withdrawals.
Customer Support and Assistance
To find in-depth information or get help related to Exness deposits and withdrawals, contact their professional support team and find the answers you need. The customer support team is available 24/7 and you can contact them via live chat, email, or phone. However, the support team will ask you to provide your support PIN and account number if you already have an account.
Conclusion
Exness strives to offer you a seamless deposit and withdrawal experience, making it the leading platform for online financial traders worldwide. By following the steps and tips we have discussed in this guide, you can effectively use your Exness account to achieve your trading goals. Remember to research the different payment methods available and don’t hesitate to contact the Exness support team if you have any queries.
FAQs about Exness Payments
What deposit and withdrawal methods are available at Exness?
Exness offers a variety of deposit and withdrawal methods, which typically include bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller. The availability of these methods may vary based on your region.