Choosing the right trading account is key to your success at the Exness platform. We have the Zero and Standard accounts which present unique benefits for different trading styles and experience levels. Here is a in depth look at which account is the best fit for you. Let’s know about Exness Zero vs Standard Account.
Overview of Exness Account Types
Exness provides a range of account types that we put forward to cater to the wide variety of what traders are looking for. In that range you’ll find the Zero and Standard which are by far the most popular. Zero Account we see do very well with its ultra tight spreads which in turn does very well for precise trading. Also the Standard Account does very well with its simple structure, no commission policy and large appeal to a wide audience.
Exness Zero Account: Characteristics and Benefits.
The Exness Zero Account is for professional traders which require speed, tight spreads, and consistent execution. This account type stands out in many key areas:
The Exness Zero Account is for professional traders which require speed, tight spreads, and consistent execution. This account type stands out in many key areas:
• Ultra-Low Spreads: From zero pips out the Zero Account also has some of the lowest spreads in the market which is very appealing to scalpers and high frequency traders. At high volumes of trade even a small spread reduction is in fact large cost savings.
• Fixed Commissions: The account charges at a rate of $3.50 per side, per lot which in turn makes the trading costs very much out in the open and true when you are executing large trades. This structure is a great fit for people who prefer certainty in their costs which don’t change.
• High-Speed Market Execution: Designed for fast turn around of orders, the Zero Account also reduces slippage in volatile markets which in turn gives traders better control of their entry and out points.
• Extensive Range of Instruments: Access a wide range of over 100 forex pairs, commodities such as gold and oil, cryptocurrencies, indices and more which in turn presents you with a great chance for diversification and complex trading strategies. 1
Drawbacks of the Zero Account
While the Zero Account reports great performance speeds and cost predictability it does have issues of:.
• Higher Minimum Deposit: A $200 minimum in Zero Account puts off new users and those with little capital. This account is for experienced professionals who have more to invest.
• Commission Costs for Small Traders: In small volume trades or with micro lots the $3.50 per side commission may be a large number which in turn may null out the value of very tight spreads to the lower volume traders.
• Availability Constraints: In some regions, at the moment we do not see unlimited leverage available across the board and also for the European Union this is a particular issue.
• Best Suited for Advanced Strategies: The account’s structure which features tight spreads but at the same time low per trade commissions does better for frequent traders as opposed to long term. 2
Exness Standard Account: Features and What’s Included.
Exness’ flagship account type is the Exness Standard Account which is a favorite with new and experienced traders. That which makes it so popular includes:.
• No Commission Fees: Trading costs are incorporated into the spread, which in turn simplifies cost calculations. Also this is very much so for traders that wish to stay away from per trade fees.
• Low Minimum Deposit: With a minimum deposit as low as $10 (and in some cases even less based on payment type) the Standard Account reduces the entry point for new traders.
• Flexible Leverage: The Standard Account features a leverage of 1:Unlimited in some regions, which is for traders of all risk tolerances.
• Broad Range of Tradable Instruments: Access a wide range of forex pairs, metals, cryptos, indices, and stocks. That diversity is key to developing strategies and hedging risk.
• User-Friendly Experience: The account works with MetaTrader 4 and 5, we see very stable performance, also we have in store for you an extensive set of educational resources and support that has it all that which is perfect for a learner.
• No Requotes & Stable Execution: In the market with no requotes and smooth execution trading is easy for new players.
The low balance requirement, basic structure, and no commissions which is what makes this account the choice for those that don’t trade large volumes daily. 3
Drawbacks of the Standard Account
Though very flexible and open to all, the Standard Account brings it’s own set of issues:.
• Wider Spreads: Spreads are at 0.2 0.3 pips which may not be as attractive for high frequency traders as the nearly zero spreads professional accounts enjoy.
• Less Ideal for Scalping: While new traders can play around with scalping which is a strategy that does require quick action at very short time frames what I do see is that for the more professional traders Zero or Raw Spread may work better.
Since in all cases costs are included in the spread what we see is that greater market volatility causes spreads to grow which in turn increases trading costs for active traders.
Cost Comparison: Exness Zero vs Standard Account
To show the difference consider a trade in which we handle 1 lot (100,000 units) of EUR/USD:.
Type of Account Spread (pips) Commission (per side) Total Cost (USD).
Zero Account 0.0 7.00
Standard Account 0.3 None $3.00
For low volume transactions or when trading is a rare event the Standard Account is the better option. But for professionals who execute many trades per day or use scalping strategies the Zero Account’ which has tighter spreads may be the better play.
Which Account Should You Choose?
Choose the Exness Zero Account If:
Select the Exness Zero Account If:
In a market which allows for unlimited leverage you require specialized tools like VPS hosting.
You are a professional in trading, scalping, or algorithmic trading.
We focus on low spreads and high speed.
For large scale transactions or detailed cost analysis.
Sure you don't mind a higher minimum deposit.
Choose the Exness Standard Account If:
Select the Exness Standard Account that:
For new and casual traders looking to get into it.
You are looking to put in a small initial investment and flexible lot sizes.
Your strategy does not require the very tightest spreads.
You value what is stable, easy to use, and which has great educational and support resources.
Final Thoughts
Choosing between the Exness Zero and Standard accounts is a play on what is your trading strategy, goals and experience level. In the Zero Account we see ultra tight spreads and great cost control which in turn will have wide appeal for professionals and high frequency traders, at the same time the Standard Account we see a very easy to use, flexible and affordable product for the main body of retail traders. By familiarizing yourself with the pros and cons of each account you put yourself in the best position to get the most out of your experience on the Exness platform.
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