Selecting the Right Account Type for Your Trading on Exness Platform in India

Introduction to Account Types on the Exness Platform

When you begin trading with our company, choosing the correct account type directly affects your costs, leverage, and trading style. Exness offers several Account types designed for different experience levels and strategies. For traders in India, understanding these options helps you avoid unnecessary fees and match your risk tolerance.

Our platform supports Standard, Cent, Raw Spread, Zero, and Pro accounts. Each has unique spreads, commissions, and minimum deposit requirements. Below we provide a clear comparison so you can decide which suits your approach. We also integrate local payment methods across all accounts.

Why Account Type Matters for Indian Traders

The right account type influences your profit potential. A trader who prefers small positions benefits from a Cent account. A high-volume trader may prefer Raw Spread for tighter spreads. Additionally, Account types determine the instruments available – such as forex pairs, metals, or indices – and the leverage you can use.

We also integrate local payment methods (UPI, Netbanking) across all account types. Funding is consistent regardless of your choice. The key is matching the account structure to your trading frequency and capital. Our support team can assist with any questions.

Below is a detailed comparison of all five account types available to Indian traders. Review the spreads, commissions, and minimum deposits carefully before making your selection.

Overview of Exness Account Types for Indian Users

Below is a summary of the main accounts we provide. Each has distinct characteristics that cater to different trading needs. Our Standard account offers variable spreads from 1.0 pips with no commission. The Cent account allows micro-trading in cents, also with no commission. Raw Spread provides spreads from 0.0 pips with a fixed commission structure.

• Standard Account: No commission, variable spreads from 1.0 pips. Minimum deposit $10 (approx. ₹830). Suitable for beginners and casual traders.
• Cent Account: Ideal for micro-trading. Trade in cents, spreads from 1.0 pips, no commission. Minimum deposit $10. Great for practice.
• Raw Spread Account: Spreads from 0.0 pips, commission $3.5 per lot per side. For scalpers and algorithmic traders who need tight spreads.
• Zero Account: Spreads from 0.0 pips on major pairs, commission $3.5 per lot per side. Zero spreads on EUR/USD and USD/JPY pairs.
• Pro Account: No commission, spreads from 0.1 pips. Requires minimum deposit $2000. For experienced high-volume traders.

All accounts support INR deposits via UPI, Paytm, PhonePe, and Netbanking. Leverage up to 1:2000 is available (subject to regulatory limits). Each account type also provides access to our full suite of trading instruments.

Key Differences Between Accounts

The main differences lie in spreads, commissions, and minimum deposits. Standard and Cent accounts have wider spreads but zero commission. Raw Spread and Zero accounts offer tighter spreads with a per-lot commission. The Pro account eliminates commission but requires a higher deposit.

Spreads on the Raw Spread account can go as low as 0.0 pips on major pairs. This is ideal for high-frequency strategies. The Zero account offers zero spreads on EUR/USD and USD/JPY specifically. Consider your trading volume when choosing.

For Indian traders who deposit in INR, the base currency selection matters. We support INR as base currency for all account types. This eliminates conversion fees on deposits and withdrawals.

Step-by-Step Guide to Opening an Exness Account in India

Follow these steps to get started with the right account type on our platform. The process is simple and fully digital. You can complete registration within a few minutes from your desktop or mobile device.

1. Register on the Exness website – Use your email and set a secure password. Verify your email address through the confirmation link.
2. Choose a trading account – In your Personal Area, click “Open Account”. Select the type (Standard, Raw Spread, etc.) and base currency as INR.
3. Complete your profile – Add your phone number, residential address, and verify your email. This information must match your KYC documents.
4. Upload KYC documents – Provide Aadhaar, PAN card, and a selfie for verification. Verification typically takes a few hours.
5. Fund your account – Go to Deposit, choose UPI or Netbanking, transfer funds. Minimum deposit starts at $10 (approx. ₹830).

How to Select the Right Account During Registration

On the account creation page, you will see a dropdown for account type. Consider these guidelines based on your trading goals. If your capital is under $100 and you want to trade micro lots, pick Cent. If you trade fewer than 10 lots per month, Standard is efficient.

If you scalp or use Expert Advisors (EAs), Raw Spread offers the lowest spreads. If you want zero spreads on EUR/USD and USD/JPY, choose Zero. If you deposit above $2000 and trade over 100 lots monthly, Pro gives no commission.

Our system also shows a comparison tool during account creation. You can view spreads and commissions side by side. Take a moment to review these numbers before finalizing your selection.

Verifying Your Identity (KYC) for Indian Traders

We require proof of identity and address to comply with Indian regulations. Acceptable documents include Aadhaar card (both ID and address proof), PAN card (mandatory for tax purposes), passport or voter ID as alternative address proof, and a utility bill if Aadhaar is not used for address.

Upload clear scans or photos in the Personal Area under the Verification section. Verification typically completes within 24 hours. Without KYC approval, you cannot deposit or withdraw real money. We prioritize your data security throughout this process.

Funding Your Account – Deposit Methods for India

After selecting your Account types, you need to add funds to start trading. We support several local payment options designed for Indian users. All methods are secure and process quickly.

Step-by-Step Deposit Using UPI

Log in to your Exness Personal Area. Click “Deposit” and choose “UPI” from the list of options. Enter the amount you wish to deposit (minimum ₹500). A QR code or UPI link will appear on screen.

Open your UPI app (Google Pay, PhonePe, or Paytm) and scan the QR code. Alternatively, click the UPI link to auto-open your default UPI app. Complete the payment in your app.

Funds reflect in your trading account within minutes. You can verify the balance in your Personal Area immediately. We do not charge any fees on UPI deposits.

Currency Conversion – INR Deposits

All deposits in INR are automatically converted to the base currency of your trading account if it is not INR. We use real-time exchange rates with no markup. For account types with INR as base currency, no conversion occurs.

We recommend selecting INR as your base currency during account creation. This avoids any exchange rate fluctuations affecting your balance. Withdrawals in INR are also processed at the same transparent rates.

Choosing the Right Account Type Based on Your Trading Style

Your trading frequency, risk tolerance, and capital determine the optimal Account types for your needs. We provide a structured approach to match your profile with the right account features. Consider your typical trade size and monthly volume.

For Beginners (Standard or Cent)

If you are new to forex and CFD trading, start with a Standard or Cent account. Standard gives you experience with real market conditions without commission. Cent allows you to trade fractions of a standard lot, reducing risk while learning.

• Use a demo account first for 2–4 weeks to test strategies.
• Start with 0.01 lot size to manage risk effectively.
• Set stop-loss at 2% of account balance per trade.
• Gradually increase lot size as you gain confidence.

We recommend using the Standard account for long-term trades and Cent for very small positions. Both accounts have no commission, making them cost-effective for learning. You can switch later as your skills develop.

For Scalpers and High-Frequency Traders (Raw Spread or Zero)

Scalpers benefit from the lowest possible spreads. Raw Spread (from 0.0 pips) and Zero (0.0 pips on major pairs) minimize slippage. The commission is offset by tighter spreads, making these accounts ideal for rapid trades.

We recommend using the Exness Trade app or MT5 for fast execution. Set your stop-loss and take-profit in points to maintain discipline. Monitor margin levels closely – scalping uses high leverage and requires attention.

Our Raw Spread account uses an ECN model. This provides direct market access and transparent pricing. The commission is applied symmetrically – $3.5 per lot when you open and $3.5 when you close.

For Professional Traders (Pro Account)

If you trade high volumes (over 100 lots per month) and have a large balance, the Pro account eliminates commission. Spreads are slightly higher (from 0.1 pips) but with zero extra cost per trade. This structure rewards high frequency.

Features include no upper limit on withdrawals, access to all instruments (forex, indices, commodities, crypto), and dedicated support with priority queue. The Pro account requires a minimum deposit of $2000.

We also provide advanced reporting tools for Pro users. You can analyze your trading performance in detail. This helps optimize your strategies over time.

Step-by-Step – How to Trade Using Your Chosen Account Type

Once your account is funded and you have selected the appropriate Account types, follow these instructions to place your first trade. The process is identical across all account types, though spreads and commissions will vary.

1. Download the Exness Trade app (for MT5) or MetaTrader 4/5 desktop application from our website.
2. Log in using your trading account ID and password (found in Personal Area under Accounts).
3. Select a trading instrument from the Market Watch list (e.g., EUR/USD, gold, or NIFTY).
4. Analyze the chart using built-in indicators like Moving Average or RSI.
5. Set order parameters: volume, stop loss, and take profit directly on the chart.
6. Click Buy or Sell to open a trade. Monitor your open positions in the Trade tab.

Using the Risk Calculator

Our platform includes a risk management tool that helps you calculate optimal lot sizes. Before placing a trade, input your account balance, risk percentage (e.g., 2%), and stop-loss in pips. The calculator shows the recommended lot size instantly.

Example: For a ₹10,000 account with 2% risk and a 20 pip stop-loss, the suggested lot size is 0.01. This ensures you never risk more than your predefined limit. Use this tool for every trade to maintain consistency.

Setting Stop Loss and Take Profit

In the order window, activate SL and TP by toggling the respective switches. On the chart, drag the horizontal lines to your desired price levels. For a long position, place SL below support and TP above resistance.

On mobile, tap the position and enter values manually. You can also use trailing stop functionality for dynamic risk management. We recommend setting both SL and TP for every trade.

Risk Management and Account Type Considerations

Each account type allows different leverage levels. We offer dynamic leverage that adjusts based on volume and instrument. For Indian traders, the maximum leverage is 1:2000, but we advise using lower leverage (1:100 or 1:200) for safety.

Leverage by Account Type

All accounts can use up to 1:2000 on forex pairs. For indices and commodities, leverage is capped at 1:400. The Zero account may have separate margin requirements for certain instruments – check the Contract Specifications page in your Personal Area.

We recommend never risking more than 2% of your capital on a single trade. Use the available risk tools to enforce discipline. Higher leverage amplifies both profits and losses, so adjust based on your risk tolerance.

Withdrawal and Transfer Between Accounts

You can withdraw funds from any account type without limitation. Minimum withdrawal is $10 (approx. ₹830). Local bank transfers (IMPS/NEFT) are supported with zero fees. Withdrawals are processed within 24 hours on business days.

Internal transfers between your Exness accounts (e.g., from Standard to Raw Spread) are instant and free. You can manage multiple accounts from a single Personal Area. This flexibility allows you to test different account types without additional deposits.

Frequently Asked Questions About Account Types for Indian Traders

Can I change my account type later?

Yes. In your Personal Area, you can open a new account of a different type. You cannot convert an existing account, but you can transfer funds between accounts internally. This process takes just a few clicks.

Do all account types support INR?

Yes, we support INR as base currency for Standard, Cent, Raw Spread, Zero, and Pro accounts. Select INR during account creation to avoid conversion fees. All deposits via UPI and Netbanking are processed in INR.

What is the minimum deposit for each account type in INR?

Standard and Cent accounts require $10 (approx. ₹830). Raw Spread and Zero accounts require $200 (approx. ₹16,650). The Pro account requires $2000 (approx. ₹1,66,500). Actual INR amounts vary slightly based on exchange rate.

Are there any hidden fees?

No. Our fee structure is transparent. Standard and Cent accounts have spreads only. Raw Spread and Zero accounts have spreads plus commission. Pro accounts have spreads only. No inactivity or monthly maintenance fees apply.

Conclusion – Next Steps for Indian Traders

Selecting the correct Account types is the foundation of your trading experience with Exness. Define your goals – whether you are a beginner, a scalper, or a professional – then match the account features to your needs. We provide the tools and support to help you succeed.

We encourage you to start with a demo account to test different types. After you feel confident, fund a real account using our local payment methods. Our support team is available 24/7 to assist with any questions about account setup or platform features.

Begin your trading journey today. Open an account in your Personal Area and start analyzing markets. With the right account type, you can trade forex and CFDs with confidence on our platform.