The Exness minimum deposit is the minimum amount of money you need to fund your trading account. The good news is that Exness does not have a fixed minimum deposit for all account types. Instead, the minimum deposit depends on the payment method you choose and the type of account you open. This means you can start trading on Exness for as little as $1 or less.
However, the minimum deposit is not the only factor you should consider when choosing a broker. You also need to think about trading conditions, such as spreads, commissions, leverage, instruments, and execution. In the following sections, we will show you how to choose the best deposit method and account type for your trading needs.
Exness Deposit Methods
Exness offers a variety of deposit methods, including bank cards, bank transfers, e-wallets, and cryptocurrencies. Each method has its pros and cons, such as speed, fees, availability, and security. Popular options include:
- Bank Cards: Convenient and fast, with instant crediting, but potential fees and card verification required.
- Bank Transfers: Secure and trackable, but slower due to bank processing times, with possible bank fees.
- E-Wallets: Quick and easy, with instant or quick crediting, but requires account creation and identity verification, and potential e-wallet or Exness fees.
- Cryptocurrencies: Innovative and private, using decentralized networks, but potentially volatile with fees from the cryptocurrency network or Exness.
Minimum Exness Deposit Depending on Funding Method
As we mentioned earlier, the Exness minimum deposit depends on the funding method you choose. This means that some methods may allow you to deposit less money than others. For example, you can deposit as little as $0.01 with Perfect Money, but you need to deposit at least $3 with Visa or MasterCard.
To help you choose the best funding method for your trading needs, we’ve compiled a table showing the minimum deposit amount for each method. Please note that these values are subject to change and may vary depending on your country and currency. Therefore, you should always check the latest information on the Exness website or in your Personal Area.
Method of Funding | Minimum Deposit Amount |
Visa | $3 |
MasterCard | $3 |
Bank Transfer | $50 |
Skrill | $10 |
Neteller | $10 |
Webmoney | $10 |
Perfect Money | $0.01 |
Fasapay | $1 |
Bitcoin | $10 |
Exness Minimum Deposit in the Philippines
For Philippines traders who want to get started with Exness, the minimum deposit varies depending on your chosen payment method and account type. Exness has no fixed minimum deposit, allowing you to start trading with as little as $10 or less. However, while the minimum deposit is important, it is not the only consideration.
Factors such as spread, commission, leverage, instruments, and execution also play an important role in choosing a broker. Exness offers the UPI Pro method, ideal for Filipino merchants, which allows easy, fee-free deposits and withdrawals with a minimum of $10. To use UPI Pro, you’ll need a verified Exness account, a UPI app like Google Pay, and a unique UPI ID.
Exness also supports other deposit methods, including bank cards, bank transfers, e-wallets, and cryptocurrencies, each with their own advantages and disadvantages. To make an informed choice, compare different methods based on speed, fees, availability, and security. Detailed information can be found on the Exness website or in your Personal Area.
Exness Minimum Deposit for Different Account Types
Exness has five account types: Standard, Standard Cent, Pro, Zero, and Raw Spread. They differ in spread, commission, leverage, instruments, and execution. You should choose the one that suits your trading needs.
The Exness minimum deposit depends on the payment method and the region. Generally, Standard and Standard Cent have no fixed minimum deposit, while Pro, Zero, and Raw Spread require a minimum of $200 for the first deposit. Here is a summary of Exness minimum deposits for each account type:
- Criteria: Ideal for both beginners and experienced traders. Market execution, stable spreads, no commissions, and unlimited leverage. The minimum deposit varies by payment method, but can be as low as $1.
- Standard Cent: Similar to Standard, but for micro lots (0.01 of a standard lot). The minimum deposit is even lower, starting at $0.01 with Perfect Money.
- Pro: For professional traders who want low spreads, high leverage, and fast execution. It charges $3.5 per lot per side, but has more instruments, such as stocks and indices. The minimum first-time deposit is $200, but may vary by region.
- Zero: For advanced traders who want zero spreads, high leverage, and market execution. It charges $3.5 per lot per side, but has the best prices and liquidity. The minimum first-time deposit is $200, but may vary by region.
- Raw Spread: For experienced traders who want ultra-low, stable spreads. It charges a fixed commission per lot, which depends on the instrument. The minimum first-time deposit is $200, but may vary by region.
Exness Deposit Commission
Exness does not charge any fees or commissions for deposits. However, your bank card provider, bank, or payment system may apply a transaction fee or commission that is beyond Exness’s control. Therefore, you should check the terms and conditions of your payment method before making a deposit.
Some payment methods may also have currency conversion fees, which are applied when you deposit or withdraw funds in a currency other than your account currency. For example, if you deposit USD into your EUR account, you may incur a currency conversion fee from your payment method. You can avoid this fee by choosing a payment method that supports your account currency.
How long does a deposit last?
The speed of a deposit depends on the payment method you choose. Some payment methods are faster than others, and some may have different processing times depending on the region and the currency. Therefore, you should check the speed of your payment method before making a deposit.
In general, most payment methods offer instant or near-instant deposits, which means funds are credited to your Exness account within seconds or minutes. However, some payment methods, such as bank transfers, may take up to 3-5 business days depending on the bank’s processing time.
What Currencies are accepted for Exness Deposits?
Exness accepts deposits in different currencies, depending on the payment method and region. You can choose from major currencies, such as USD, EUR, GBP, JPY, and BTC, as well as local currencies, such as INR, IDR, THB, and ZAR. However, you should note that if your deposit currency does not match your trading account currency, you may incur currency conversion fees from your payment method or Exness. Therefore, it is advisable to choose a payment method that supports the currency of your account.
How to Make a Minimum Deposit in Exness
To make a minimum deposit on Exness, you need to follow these steps:
- Log in to your Personal Area on the Exness website.
- Go to the Deposit section and choose a payment method. You can see the minimum and maximum deposit amount, the processing time, and the fees for each method.
- Select the trading account where you want to deposit funds. You can also create a new account if you need one.
- Enter the amount and currency of your deposit and click Next. You will see a summary of your deposit details and the exchange rate if applicable.
- Confirm your deposit and follow the instructions of your payment method to complete the transaction. You will receive a confirmation email once your deposit is successful.
FAQs about Exness Minimum Deposit
Are there any commission free deposits at Exness?
Exness does not charge any fees or commissions for deposits. However, your payment method may apply some charges that are beyond Exness’s control.